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Jrock (OP)
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April 16, 2013, 04:52:09 AM |
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 My sell everything order was at 250, I missed the top by a bit. However, I'm much better off then all of you still holding coins at this point 
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fingerpaint
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Activity: 28
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April 16, 2013, 04:55:12 AM |
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My sell everything order was at 250, I missed the top by a bit. However, I'm much better off then all of you still holding coins at this point Cool story bro |
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bitcon
Legendary
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Activity: 2212
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April 16, 2013, 04:58:57 AM |
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so at what price will you be buying back?
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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April 16, 2013, 05:00:27 AM |
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so at what price will you be buying back?
Let me guess... $2 |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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mgio
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April 16, 2013, 05:03:58 AM |
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Good for you Jrock, no one cares.
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Jrock (OP)
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April 16, 2013, 05:05:09 AM |
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Nah I don't think it will go under 10-20 without a disaster. I'm gonna wait a bit, this may be the bottom right now, hard to say.
I feel like this crash has scared away a lot of the new people coming in and could slow down things for a while.
Just going ride it out till I see more movement upwards.
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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April 16, 2013, 05:05:24 AM |
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I have the same amount of coins from before it started going up and the same amount of coins coming back down (outside of my regular spending).
Feels good.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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bitcon
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Activity: 2212
Merit: 1008
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April 16, 2013, 05:06:15 AM |
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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, 05:06:32 AM |
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My sell everything order was at 250, I missed the top by a bit. However, I'm much better off then all of you still holding coins at this point Good timing... ... And did you buy back in just now, under $60? |
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jbord39
Newbie
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Activity: 41
Merit: 0
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April 16, 2013, 05:06:42 AM |
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I have the same amount of coins from before it started going up and the same amount of coins coming back down (outside of my regular spending).
Feels good.
The only difference is now you have to spend 4x more coins for the same goods or services. |
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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April 16, 2013, 05:08:51 AM |
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I have the same amount of coins from before it started going up and the same amount of coins coming back down (outside of my regular spending).
Feels good.
The only difference is now you have to spend 4x more coins for the same goods or services. which means more fiat has to come into exchanges, which means BTC value will rise..... |
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cdog
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April 16, 2013, 05:10:05 AM |
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Meh it hurts but Im not trying to get rich quick, I believe in BTC longterm - not like a lot of the people who were buying recently just to make a quick buck
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jbord39
Newbie
Offline
Activity: 41
Merit: 0
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April 16, 2013, 05:12:07 AM |
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I have the same amount of coins from before it started going up and the same amount of coins coming back down (outside of my regular spending).
Feels good.
The only difference is now you have to spend 4x more coins for the same goods or services. which means more fiat has to come into exchanges, which means BTC value will rise..... I don't quite understand your point. First I don't agree with the correlation that more money into exchanges means more BTC value. Second this would imply that any drop in Dollars/BTC would be met with an increase in Dollars/BTC. |
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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April 16, 2013, 05:14:23 AM |
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I have the same amount of coins from before it started going up and the same amount of coins coming back down (outside of my regular spending).
Feels good.
The only difference is now you have to spend 4x more coins for the same goods or services. Ya, but my last 3-4 paychecks have been going toward saving up to pay the IRS. Now that the IRS is paid I have many more paychecks ahead of me for buying as opposed to the one small(ish) buy I made in early February. Consistent moving of dollars into bitcoins enables consistent purchasing goods and services with bitcoins. No matter the price. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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April 16, 2013, 05:16:06 AM |
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I have the same amount of coins from before it started going up and the same amount of coins coming back down (outside of my regular spending).
Feels good.
The only difference is now you have to spend 4x more coins for the same goods or services. which means more fiat has to come into exchanges, which means BTC value will rise..... I don't quite understand your point. First I don't agree with the correlation that more money into exchanges means more BTC value. Second this would imply that any drop in Dollars/BTC would be met with an increase in Dollars/BTC. I guess it would mean more dollars per BTC. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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April 16, 2013, 05:18:19 AM |
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I have the same amount of coins from before it started going up and the same amount of coins coming back down (outside of my regular spending).
Feels good.
The only difference is now you have to spend 4x more coins for the same goods or services. which means more fiat has to come into exchanges, which means BTC value will rise..... I don't quite understand your point. First I don't agree with the correlation that more money into exchanges means more BTC value. Second this would imply that any drop in Dollars/BTC would be met with an increase in Dollars/BTC. if everyone has to buy 4x as many coins to purchase something, if an influx of people needing to buy something will have to buy 4x as many coins, thus making less coins available to speculators/investors. |
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Jrock (OP)
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April 16, 2013, 05:18:58 AM |
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My sell everything order was at 250, I missed the top by a bit. However, I'm much better off then all of you still holding coins at this point Good timing... ... And did you buy back in just now, under $60? Nah I'm waiting for now, as long as I get back in before 250 I win regardless. I don't think were going to break 200 in the short term again. That was a panic/greed buying situation imo and not a fair/sustainable price at the moment. I'm sure it'll be well over 250 if becomes more adopatable, but that's down the road a bit I think. |
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evolve
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April 16, 2013, 05:20:05 AM |
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if everyone has to buy 4x as many coins to purchase something, if an influx of people needing to buy something will have to buy 4x as many coins, thus making less coins available to speculators/investors.
This makes no sense at all. |
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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April 16, 2013, 05:20:52 AM |
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FU all, i still say $300+ by june!
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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, 05:21:13 AM |
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My sell everything order was at 250, I missed the top by a bit. However, I'm much better off then all of you still holding coins at this point Good timing... ... And did you buy back in just now, under $60? Nah I'm waiting for now, as long as I get back in before 250 I win regardless. I don't think were going to break 200 in the short term again. That was a panic/greed buying situation imo and not a fair/sustainable price at the moment. I'm sure it'll be well over 250 if becomes more adopatable, but that's down the road a bit I think. Yes, of course -- the price was rising vertically. But ultimately BTC may be worth way more than that n the medium term (it either will tend to >1000, or 0). IMO $55, just now... was the bottom. vertical descents are equally unsustainable. |
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