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TERA
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November 09, 2013, 10:19:09 AM |
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This is starting to feel heavy.
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spooderman
Legendary
 Offline
Activity: 1652
Merit: 1029
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November 09, 2013, 10:25:39 AM |
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This is starting to feel heavy.
i no dat feal br0 |
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RooKIED
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November 09, 2013, 10:30:54 AM |
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This is starting to feel heavy.
i no dat feal br0  |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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November 09, 2013, 10:57:23 AM |
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We should have a bitcointalk app for this thread.
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Spider
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November 09, 2013, 11:00:54 AM |
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 Is it too late to get in? |
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ChartBuddy
Legendary
 Online
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2013, 11:02:06 AM |
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tbcoin
Legendary
Offline
Activity: 1022
Merit: 1000
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November 09, 2013, 11:04:04 AM |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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November 09, 2013, 11:09:30 AM |
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Is it too late to get in?
Not until after 3 years |
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ScrapOfCat
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November 09, 2013, 11:28:11 AM |
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Is it too late to get in?
I bought my last coins at 249 during the bubble, then spent the entire summer paying off credit card debt for coins that were occasionally worth 3+ times less than I paid for them. As you can imagine, I am gun shy as hell. And yet I'm thinking of buying more coins. I sat around with FRNs while the price rose from 150 through 200 thinking "there they go again, fuck buying expensive coins this time." Same for 250, then 300. And when it finally occurred to me to figure it out, even at 400, each coin only increases my average buy in cost per coin by less than the cost of a pizza. And we all know how that pizza thing works out over time... |
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calian
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November 09, 2013, 11:41:30 AM |
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It's not at all similar to this spring, or we would have crashed deeply with volume of more than 100k BTCs already.
I am completely speechless with the tenacity of this price fly-up, it simply refuses to go down, several crash attempts are just easily absorbed, each time countered a powerful buy wave.
Truth. |
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maz
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November 09, 2013, 11:54:08 AM |
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Really don't know what to make of it myself. Been holding fiat since $152. I really can't compare the April crash as I wasn't active during it, but can anyone else who was give opinion? Was the recovery as quick and strong when the price dropped ~£40 during mini dumps etc? I just can't see how this current price could be reversed hard as there is so much money waiting to purchase on every dip.....
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TERA
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November 09, 2013, 11:57:16 AM |
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Really don't know what to make of it myself. Been holding fiat since $152. I really can't compare the April crash as I wasn't active during it, but can anyone else who was give opinion? Was the recovery as quick and strong when the price dropped ~£40 during mini dumps etc? I just can't see how this current price could be reversed hard as there is so much money waiting to purchase on every dip.....
Yes everyone is in a hypnosis thinking this way because there aren't any real sellers. Every sell right now (1,000 coins etc) is child's play. During a real crash, about 1,000,000 BTC hit the market. |
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ChartBuddy
Legendary
Online
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2013, 12:01:51 PM |
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maz
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November 09, 2013, 12:02:11 PM |
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Very interesting indeed. *strokes bag of fiat*
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 09, 2013, 12:10:11 PM |
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Is it too late to get in?
Not until after 3 years If you are using bitcoins to buy something over the internet, it will never be too late to buy. As an "investment"? Who knows... |
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gandhibt
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November 09, 2013, 12:20:46 PM |
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It's not at all similar to this spring, or we would have crashed deeply with volume of more than 100k BTCs already.
I am completely speechless with the tenacity of this price fly-up, it simply refuses to go down, several crash attempts are just easily absorbed, each time countered a powerful buy wave.
Truth. +1 |
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gandhibt
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November 09, 2013, 12:29:47 PM
Last edit: November 09, 2013, 12:52:20 PM by gandhibt |
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Really don't know what to make of it myself. Been holding fiat since $152. I really can't compare the April crash as I wasn't active during it, but can anyone else who was give opinion? Was the recovery as quick and strong when the price dropped ~£40 during mini dumps etc? I just can't see how this current price could be reversed hard as there is so much money waiting to purchase on every dip.....
The whole bitcoin world has evolved huge step from april... check example these graphs: http://blockchained.com/. Then there's a lot more investment activity, like winklevoos trust etc. And as I posted earlier the percentage growth hasn't yet been very fast. There's fuel left. But ofc there's risk, if you can sell 100k bitcoins you can move the market. There's not many who has these kinds of sums anymore and chain reaction isn't strong yet in these prices. EDIT. Btw, daily volumes are higher now than at the time of april crash. |
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ChartBuddy
Legendary
Online
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2013, 01:02:45 PM |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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November 09, 2013, 01:05:38 PM |
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It's not at all similar to this spring, or we would have crashed deeply with volume of more than 100k BTCs already.
I am completely speechless with the tenacity of this price fly-up, it simply refuses to go down, several crash attempts are just easily absorbed, each time countered a powerful buy wave.
Truth. +1 When comparing April with today, the current run up seems much more impressive.  |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 09, 2013, 01:14:49 PM |
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Let's not forget that back in April there was only ONE significant exchange out there... Now many exchanges are moving similar or greater amounts of BTC/fiat and that's why one cannot "manipulate" the market anymore. As posted by gandhibt, there are not so many players with 100K of BTC handy nowadays. Now even a user with 3K is considered *significant* player... And this is gonna look much worse in the near future as more people getting involved...  |
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Poll
