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Davyd05
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May 21, 2014, 07:28:34 AM |
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So China setting their sights on higher highs?
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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ChartBuddy
Legendary
 Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 21, 2014, 08:00:44 AM |
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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May 21, 2014, 08:02:07 AM |
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Where du' gold at, I want da' gold!
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dreamspark
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May 21, 2014, 08:43:10 AM |
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New Gox announcement, http://www.mtgox.com/img/pdf/20140521_announce.pdfNothing new really but saving gox is looking less and less likely. Its going to be a long time, as expected, for anyone to see anything back as claims are to be filed by 28th of November and claims investigations to start on 25th Feb 2015 |
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JayJuanGee
Legendary
 Online
Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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May 21, 2014, 08:53:24 AM |
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last time, it went from about 130 to over 1100 - almost a ten-bagger  this time, it's launching from 450 my question to you is, when are you selling? Between $1200 and $5000, incrementally of course at a 1% on the low end stepping it up in increments 0.5% of the resulting new balance each ~3 days. I will build a spreadsheet so I don't get confused. Edit: BTC Amount sold % sold 40 0.4 1.00% 39.6 0.594 1.50% 39.006 0.78012 2.00% 38.22588 0.955647 2.50% 37.270233 1.11810699 3.00% 36.15212601 1.26532441 3.50% 34.8868016 1.395472064 4.00% 33.49132954 1.507109829 4.50% 31.98421971 1.599210985 5.00% 30.38500872 1.67117548 5.50% 28.71383324 1.722829994 6.00% 26.99100325 1.754415211 6.50% 25.23658804 1.766561163 7.00% Your plan seems to be missing at least one important detail and that is the increments... you said every three days.. and that makes No sense... but if you said every $270 the price goes up, then that would divide up into 14 sales between $1200 and $5000 - but You could NOT measure specifically the time line for such a rise in BTC prices. I am sorry the $1200-$5000 was meant to be that range of selling I will start at $1200 and 5.2857 weeks later we will be at ~$5000. My math is correct, so is my high hope. Thanks for the clarification. You are confirming my suspicion that your plan is incomplete, and pie in the sky (at least regarding the timeline projection). It seems very unrealistic to have your trigger points to rake profits to be number of days to trigger the next raking of profits b/c it remains very improbable that any increase in BTC prices would follow a incremental and predictable uptrend.. it will not be linear and will likely be spurts and ups and downs - two steps forward and one step back and three steps forward and two steps back and four steps forward and four steps back and ten steps forward and three steps back... you get the picture? In other words there is likely to be ups and downs in the price increases. In other words, you should calculate dollar amount increases or percentages, such as ($270 or some similar amount) to trigger your next rake of profits. Maybe the dollar amount would be lower at the low end of the projection b/c a lower amount represents a higher percentage of gain, and the dollar amount would be higher at the higher end of the projection. Actually, you can trigger a rake at every 10% growth or every 12% growth since your last rake. Some of these terms and ideas are similar to the Rpietila SSS thread. |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 21, 2014, 09:00:40 AM |
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JayJuanGee
Legendary
Online
Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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May 21, 2014, 09:06:50 AM |
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You mean the rally was caused by this post of mine:
Did you finally buy a bitcoin? No? Then you had nothing to do with the rally. Jorge retains some fantasy illusion that his posts affect the behavior of some marginal newbies, and if he just saves one person or a few people from investing in BTC, then he has accomplished his objective - total bullshit, but what can one do? probably we have to accept his to some extent.... or tolerate..... NOT like we can get him banned - and he is pleasant enough, even though he can be a little annoying at times with his whimsical and outlandish theories.  |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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May 21, 2014, 09:23:10 AM |
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You mean the rally was caused by this post of mine:
Did you finally buy a bitcoin? No? Then you had nothing to do with the rally. Jorge retains some fantasy illusion that his posts affect the behavior of some marginal newbies, and if he just saves one person or a few people from investing in BTC, then he has accomplished his objective - total bullshit, but what can one do? probably we have to accept his to some extent.... or tolerate..... NOT like we can get him banned - and he is pleasant enough, even though he can be a little annoying at times with his whimsical and outlandish theories. Please don't try to ban people that are civil. |
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Davyd05
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May 21, 2014, 09:42:59 AM |
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I will admit Jorge does keep it rather civil and on topic.. I consider animals on charts on topic  |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 21, 2014, 10:00:40 AM |
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flynn
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May 21, 2014, 10:12:39 AM |
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there is clearly an urgent need for some dinosaurs
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p0peji
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May 21, 2014, 10:13:07 AM |
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So all the money waiting on the sidelines has bought back in already?  |
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GreekGeek
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May 21, 2014, 10:22:12 AM |
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So all the money waiting on the sidelines has bought back in already? not all  |
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mladen00
Legendary
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Activity: 2124
Merit: 1013
K-ing®
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May 21, 2014, 10:24:13 AM |
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Great Chinese wall on 500
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simtal
Member
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Activity: 83
Merit: 10
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May 21, 2014, 10:32:59 AM |
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Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?
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ChrisML
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May 21, 2014, 10:34:04 AM |
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Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?
The worst someone can do here is tell others to buy and sell. That is up to you. |
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latoxine
Newbie
Offline
Activity: 51
Merit: 0
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May 21, 2014, 10:38:46 AM |
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Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?
Welcome to the club...I've waited like you, a good advise I've received here was that whatever you choose, it is Your choice... |
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kehtolo
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May 21, 2014, 10:40:19 AM |
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Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?
I'm not telling you to buy or sell.. I think this IS a/the breakout. More confirmations required to confirm reversal. We need to stay above $550 in my opinion for reversal confirmation. Though it would appear the downtrend is in fact broken. A better time to buy would have been at $400-$430.. If momentum continues right through June.. we'll e over $600 by then. So, ask yourself.. what is the entry point you are looking for? |
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michaelGedi
Sr. Member
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Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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May 21, 2014, 10:47:56 AM |
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yeah buying at $450 or below would have been a better plan... what is the likelyhood of it going back down that way again? Feels slim... and I've not even been following the discussion charts.
I bought back in at $575 at my lowest because I got impatient.
You've been very patient, just don't be too patient. Ultimately the choice is yours, but I've been telling my brother to buy since we hit $500.
If the predictions of anything above the last all time high are correct, well, to buy anytime now is potentially good for you really.
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