el_rlee
Legendary
 Offline
Activity: 1600
Merit: 1014
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January 03, 2014, 01:05:01 PM |
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600 Eur on bitcoin.de coming up
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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January 03, 2014, 01:09:41 PM |
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This is the time to panic buy!! $1435 before sunday, you heard it here first!  Please do. The faster it rises, the harder it falls.  |
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Ducky1
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January 03, 2014, 01:15:39 PM |
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oxba @oxba 48 m
5 years ago, on this day, the first Bitcoin genesis block was generated.
Retweetet av AndreasMAntonopoulos |
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granathus
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January 03, 2014, 01:20:22 PM |
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This is the time to panic buy!! $1435 before sunday, you heard it here first! Please do. The faster it rises, the harder it falls. Om nom nom, sweet bear tears! |
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Jren
Newbie
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Activity: 58
Merit: 0
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January 03, 2014, 01:22:24 PM |
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Do all the trains go to the moon? I don't want to board the wrong one  |
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JimboToronto
Legendary
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Activity: 4200
Merit: 4914
You're never too old to think young.
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January 03, 2014, 01:32:24 PM |
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JorgeStolfi
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January 03, 2014, 01:32:46 PM |
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Eyeballing the charts, I would guess that ~300 kBTC were bought at over 900 USD each on MtGox alone.
Some of those buyers may be Believers who will hold the Bitcoins no matter what. But some must be waiting for Traders to raise their bids high enough. Someone who bought 10 kBTC at 900, for example, may wait until there are 10 kBTC of bids above 900, then dump all at once.
The Traders caught on that trap will of course have to do the same. So the price will probably stay in the 900-1100 range for a long time, sustained not by hope of a bright future but by reluctance to cash at a loss.
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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January 03, 2014, 01:38:07 PM |
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Eyeballing the charts, I would guess that ~300 kBTC were bought at over 900 USD each on MtGox alone.
Some of those buyers may be Believers who will hold the Bitcoins no matter what. But some must be waiting for Traders to raise their bids high enough. Someone who bought 10 kBTC at 900, for example, may wait until there are 10 kBTC of bids above 900, then dump all at once.
The Traders caught on that trap will of course have to do the same. So the price will probably stay in the 900-1100 range for a long time, sustained not by hope of a bright future but by reluctance to cash at a loss.
What a blunder would that be. First buying at the top and then following that up by selling at breakeven just before the price goes way higher. People contemplating this should probably disallow themselves to sell ANYTHING within a year of buying it (although for non-crypto assets they should probably up that to 2 years). |
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MANofthePEOPLE
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January 03, 2014, 01:42:36 PM |
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Yes, they are all heading to the moon and beyond!  This is the time to panic buy!! $1435 before sunday, you heard it here first!  Do all the trains go to the moon? I don't want to board the wrong one |
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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January 03, 2014, 01:44:51 PM |
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This is the time to panic buy!! $1435 before sunday, you heard it here first! Please do. The faster it rises, the harder it falls. Om nom nom, sweet bear tears! Oh, but as I stated yesterday evening, I am a butthurt bull, not wishing to get slaughtered yet again in another bull trap, like it happened to me on oh too many occasions, so I am trying to exercise those wonderful virtues of patience and restraint, while keeping a close eye on my level of greed. You can call me a bull, who got separated from the herd.... |
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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January 03, 2014, 01:48:03 PM |
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Yes, they are all heading to the moon and beyond! This is the time to panic buy!! $1435 before sunday, you heard it here first! Do all the trains go to the moon? I don't want to board the wrong one The left one seems the most futuristic. Judging books from covers since 1999! |
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granathus
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January 03, 2014, 01:49:58 PM |
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This is the time to panic buy!! $1435 before sunday, you heard it here first! Please do. The faster it rises, the harder it falls. Om nom nom, sweet bear tears! Oh, but as I stated yesterday evening, I am a butthurt bull, not wishing to get slaughtered yet again in another bull trap, like it happened to me on oh too many occasions, so I am trying to exercise those wonderful virtues of patience and restraint, while keeping a close eye on my level of greed. In that case the train station will be flowing, not only with bear tears, but also a stream of butthurt bull tears  |
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JimboToronto
Legendary
Offline
Activity: 4200
Merit: 4914
You're never too old to think young.
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January 03, 2014, 01:56:53 PM |
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This is the time to panic buy!! $1435 before sunday, you heard it here first! Please do. The faster it rises, the harder it falls. Om nom nom, sweet bear tears! Oh, but as I stated yesterday evening, I am a butthurt bull, not wishing to get slaughtered yet again in another bull trap, like it happened to me on oh too many occasions, so I am trying to exercise those wonderful virtues of patience and restraint, while keeping a close eye on my level of greed. In that case the train station will be flowing, not only with bear tears, but also a stream of butthurt bull tears And tears of joy from hoarders and the Bitcoin faithful. |
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granathus
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January 03, 2014, 01:59:27 PM |
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This is the time to panic buy!! $1435 before sunday, you heard it here first! Please do. The faster it rises, the harder it falls. Om nom nom, sweet bear tears! Oh, but as I stated yesterday evening, I am a butthurt bull, not wishing to get slaughtered yet again in another bull trap, like it happened to me on oh too many occasions, so I am trying to exercise those wonderful virtues of patience and restraint, while keeping a close eye on my level of greed. In that case the train station will be flowing, not only with bear tears, but also a stream of butthurt bull tears And tears of joy from hoarders and the Bitcoin faithful. The righteous tears of the hodlers. |
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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January 03, 2014, 02:04:46 PM |
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I've heard that before. I've burnt on that before as well.
I'll soon see if my experience of the past half-a-year re price fluctuations will pay off, or if I am going to buy back in at an even bigger loss. If so, then my final goal will be even more difficult to achieve.
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granathus
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January 03, 2014, 02:11:46 PM |
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I've heard that before. I've burnt on that before as well.
I'll soon see if my experience of the past half-a-year re price fluctuations will pay off, or if I am going to buy back in at an even bigger loss. If so, then my final goal will be even more difficult to achieve.
What is your final goal? |
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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January 03, 2014, 02:16:53 PM |
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I've heard that before. I've burnt on that before as well.
I'll soon see if my experience of the past half-a-year re price fluctuations will pay off, or if I am going to buy back in at an even bigger loss. If so, then my final goal will be even more difficult to achieve.
What is your final goal? 300 EDIT: That said, there is no such thing as "too many bitcoins" |
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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January 03, 2014, 02:19:33 PM |
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... there is no such thing as "too many bitcoins" I suspect if you had more than half, everyone else would switch to cowrie shells. |
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pietje
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January 03, 2014, 02:23:18 PM |
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small correction happening?
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Jren
Newbie
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Activity: 58
Merit: 0
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January 03, 2014, 02:26:48 PM |
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small correction happening?
Looks like a crash to 0. It's all over now |
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