ruski (OP)
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April 16, 2013, 04:05:49 AM |
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No, not really. Y'all may wish to know I'm cashing out for now. Made half again trading since $90, and we seem to have broken the range into a downward trend. See you at $30.
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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April 16, 2013, 04:08:28 AM |
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thanks! cheap coinz for me!
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ruski (OP)
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April 16, 2013, 04:10:22 AM |
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thanks! cheap coinz for me! Me too when we hit bottom. I'm bullish long term. But there's no point wasting money holding during a freefall.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 16, 2013, 04:13:31 AM |
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No, not really. Y'all may wish to know I'm cashing out for now. Made half again trading since $90, and we seem to have broken the range into a downward trend. See you at $30. 30$ bitcoins... is that even possible?
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ruski (OP)
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April 16, 2013, 04:14:33 AM |
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Jesus Christ, did Gox just can the entire Ask side?
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Mike Christ
aka snapsunny
Legendary
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Activity: 1078
Merit: 1003
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April 16, 2013, 04:17:01 AM |
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I'm assuming we're headed for the "despair" phase if this trend keeps going downward
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bitcoiners
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April 16, 2013, 04:18:13 AM |
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I love how everyone keeps saying, "oh good cheap coins!" and then another hour goes by and it drops another $10 usd. You don't have that much liquidity. This market is crashing. Invest accordingly.
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Bitmeat
Newbie
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Activity: 28
Merit: 0
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April 16, 2013, 04:22:13 AM |
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I love how everyone keeps saying, "oh good cheap coins!" and then another hour goes by and it drops another $10 usd. You don't have that much liquidity. This market is crashing. Invest accordingly.
Buying now is known in the bubble world as "trying to catch a falling knife" for good reason.
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bitcoiners
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April 16, 2013, 04:23:51 AM |
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I love how everyone keeps saying, "oh good cheap coins!" and then another hour goes by and it drops another $10 usd. You don't have that much liquidity. This market is crashing. Invest accordingly.
Buying now is known in the bubble world as "trying to catch a falling knife" for good reason. Yep, thank god for clueless bulls. Cheers!
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thezerg
Legendary
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Activity: 1246
Merit: 1010
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April 16, 2013, 04:43:54 AM |
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I love how everyone keeps saying, "oh good cheap coins!" and then another hour goes by and it drops another $10 usd. You don't have that much liquidity. This market is crashing. Invest accordingly.
Buying now is known in the bubble world as "trying to catch a falling knife" for good reason. Yep, thank god for clueless bulls. Cheers! No one knows exactly where and when it will turn 'round. If you sold at 120+, doubling down -- buying all your coins back at 60, then 30, then 15, etc. looks mighty fine even if it continues down... assuming you are LT bullish.
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BitPirate
Full Member
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Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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April 16, 2013, 04:54:04 AM |
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I'm not one for TA, but actually, in the last hour of trading or so, it looks like a bottom might be forming.... waiting for confirmation.
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Frozenlock
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April 16, 2013, 04:56:14 AM |
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No! They promised me cheap coins!
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evolve
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April 16, 2013, 04:58:10 AM |
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I'm not one for TA, but actually, in the last hour of trading or so, it looks like a bottom might be forming.... waiting for confirmation.
This thing isn't anywhere close to a bottom yet.
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BitPirate
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April 16, 2013, 04:59:20 AM |
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I think the tide may be turning against you on this one.
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evolve
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April 16, 2013, 05:00:09 AM |
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Based on what?
Every single veiw on the charts look bearish.
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shivansps
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April 16, 2013, 05:00:40 AM |
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Not to worry guys i got this one.
*Sells at 55*
*Price goes up*
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cdog
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April 16, 2013, 05:08:05 AM |
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Im buying all the way down. Great time to have USD ready and waiting.
Let the weak hands fold out and run back to fiat, its like running into a house thats on fire because its raining bad outside
Get a F-ing umbrella, a cup of hot coffee and find your cojones gentlemen.
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shivansps
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April 16, 2013, 05:11:18 AM |
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actually most people sells to buy low later... but for normal people that means sell and price going up just after.
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BitPirate
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April 16, 2013, 05:26:50 AM |
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Based on what?
Every single veiw on the charts look bearish.
You must be looking at different charts. I think my prediction is now being confirmed -- at least for the short time scale. This is the first time since the crash that I have been able to draw an upward trend line through more than two consecutive troughs. This means support is increasing -- people who didn't buy at $55 are feeling left out and moving their bids up.
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evolve
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April 16, 2013, 05:31:03 AM |
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This looks bullish to you? or this? what about this one? ...maybe this one?
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