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FCTaiChi
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November 15, 2013, 07:15:23 PM |
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Or you could buy 10 houses at the end of next year.  |
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bizz
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November 15, 2013, 07:15:45 PM |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy.  |
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TERA
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November 15, 2013, 07:15:52 PM |
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Bitstamp is normally bullstamp, where selling has been disabled and there is nothing but consistent buying. If Bitstamp is selling then that is a pretty bad indicator.
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barbs
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November 15, 2013, 07:17:08 PM |
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Bitstamp is normally bullstamp, where selling has been disabled and there is nothing but consistent buying. If Bitstamp is selling then that is a pretty bad indicator.
Not true, Bearstamp sells all the time, they had their own freakout yesterday dumping to 400 when gox was at 430 |
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gambitv
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November 15, 2013, 07:17:59 PM |
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Bitstamp is normally bullstamp, where selling has been disabled and there is nothing but consistent buying. If Bitstamp is selling then that is a pretty bad indicator.
This is the classic problem with Bitcoin. All indicators say it's going to drop. Sentiment says it's going to drop. It even starts to drop and then....it goes to new ATH's. WTF?  Been looking at noob indicators again have we? This is what I like, we all have our theories...some even have swish looking charts with lines telling them what they want to believe. I am happy either way. Goes up more, cool, I win with the few coins I have. Tanks, cool, I add to my stash. Going to be interesting to see what happens this weekend. Will there be a selloff, will this cause panic. Will we just bumble along, and wait for news during next week. Dunno, let me make a cup of tea and read the tea leaves.  |
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QuestionAuthority
Legendary
 Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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November 15, 2013, 07:18:21 PM |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy. lol I'm not trading back in, I'm moving the funds to real estate. |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 15, 2013, 07:18:40 PM |
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Meanwhile at the mining camp:  Hmmm... I think this is the first time hashrate shows some sort of stabilization. Either nobody is selling or people think that trading is much more profitable. |
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TERA
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November 15, 2013, 07:22:13 PM |
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Bitstamp is normally bullstamp, where selling has been disabled and there is nothing but consistent buying. If Bitstamp is selling then that is a pretty bad indicator.
Not true, Bearstamp sells all the time, they had their own freakout yesterday dumping to 400 when gox was at 430 Yesterday was a bearish day also - not a good indication. |
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Richy_T
Legendary
Offline
Activity: 2618
Merit: 2330
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 15, 2013, 07:22:38 PM |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy. lol I'm not trading back in, I'm moving the funds to real estate. You mean the bubble the government is working really hard to keep from deflating even more? |
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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November 15, 2013, 07:24:36 PM |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy. lol I'm not trading back in, I'm moving the funds to real estate. You mean the bubble the government is working really hard to keep from deflating even more? Yep |
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CryptStorm
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November 15, 2013, 07:28:42 PM |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy. lol I'm not trading back in, I'm moving the funds to real estate. You mean the bubble the government is working really hard to keep from deflating even more? Let's imagine you wait for 10 more days, after the Senate hearing, after a bit more time for this parabolic run up to over-extend. Let's also imagine the price goes somewhere around $600, and you monitor it closely enough to sell off around $600-- that's a 33% increase in your funds in 10 days. Now you could have the money for appliances, upgrades, a trip to somewhere sandy and warm, and a few coins, PLUS your home. Think about it. (Are you not grasping that you could allow any 5, 8, or 10% drop to cue your sell, instead or fear?) |
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JimboToronto
Legendary
Offline
Activity: 4200
Merit: 4899
You're never too old to think young.
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November 15, 2013, 07:28:52 PM |
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let me make a cup of tea and read the tea leaves. Let's see. So far we have we have astrology, technical analysis, tea leaf reading, magic 8-ball... The more the merrier.  |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 15, 2013, 07:29:30 PM |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
save 10% in XBT I thought about that but if I don't sell it all I won't have enough to pay cash for this house I want to buy. You can have inflating fiat debt, where they bank takes the loss on the inflation. And bitcoin. It would be doubling down, just be sure you like the house. |
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bizz
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November 15, 2013, 07:30:14 PM |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy. lol I'm not trading back in, I'm moving the funds to real estate. You mean the bubble the government is working really hard to keep from deflating even more? I wouldn't be worried about them deflating. Everything will inflate anyway due to printing. I'd be worried about Cyprus style taxes coming everywhere. |
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CryptStorm
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November 15, 2013, 07:31:25 PM |
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let me make a cup of tea and read the tea leaves. Let's see. So far we have we have astrology, technical analysis, tea leaf reading, magic 8-ball... The more the merrier. Some people have strategies that are so secretive, even they don't know what they're doing.  |
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Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
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November 15, 2013, 07:31:35 PM |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy. lol I'm not trading back in, I'm moving the funds to real estate. Bubble hopping, Each to their own, good for you materialising real wealth. I just want you to have more, you can still consider to save 10% and use what you pay in rent to offset the difference, or save your rent into Bitcoin after you sell out. The trend Bitcoin compared to Housing seems to be the trend to be in. |
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mb300sd
Legendary
Offline
Activity: 1260
Merit: 1000
Drunk Posts
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November 15, 2013, 07:35:31 PM |
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I bought my house with bitcoins sold too low... Regretting it every day now, would have spent 300 BTC now to pay off a mortgage instead of 1000+ to buy it outright
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 15, 2013, 07:38:14 PM |
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I bought my house with bitcoins sold too low... Regretting it every day now, would have spent 300 BTC now to pay off a mortgage instead of 1000+ to buy it outright
Just take the average when you buy the plane  You cant go broke taking profits. when bitcoin reaches 1,000,000$ that simply won't be true ( hint usd = toilet paper ) |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 15, 2013, 07:41:18 PM |
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At least 300,000 btc transaction more since previous days:  The rally is now advancing painfully on low volumes since 2 days, coins are moving on blockchain, btc ammo incoming on exchange, red fireworks in the coming days.. Interesting hypothesis... but you must be looking at usd exchanges only. china is still increasing and they seem to be giving 0 fucks about low volume in usd http://data.bitcoinity.org/#caaaabdgaaBTChina has been SUCKING bitcoins from the west there's low volume here cuz there are no more F'ing coins, we sold them all to the chinese! |
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