ChartBuddy
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June 10, 2014, 07:01:03 PM |
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boumalo
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June 10, 2014, 07:13:50 PM |
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Someone is desperated about price going over $650 at Bitstamp now for a few days (and have a lot of coins).
We cant do much, just sit here and wait for jump or right time. Let's just hope it happens soon ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Me want actionz! I have a small sell pending. The swings are quite small but I am bored and want to make something. good luck with that... maybe I take back my previous comment and we are NOT thinking in the same terms.... but anyhow, you may be able to profit and trade in this current market. I personally believe thatit is NOT worth the effort.. and better to play long.. and maybe trade later... However, if you acquired your BTC at below $266, then maybe it does NOT matter too much to skim off a few profits here and there.. at this price or at $800... either way, it is profits. Most traders would be better off holding, among those some get lucky and make a profit / holding
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 10, 2014, 07:27:52 PM |
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Bitcoin is disappointing us negatively this week. The poll still seems rather bullish!
That's the problem, everybody is already loaded and have no spare FIAT to buy more. Actually I do have some spare, but I have spread them out from 450 - 550. Always helps to keep a bit of fiat for the sharp drops. As time passes, a large majority of people continue to acquire additional fiat, and then the question becomes how that person wishes to store the value of that fiat b/c the opportunity to buy BTC between $450 and $550 has passed and currently is NOT available. Accordingly, do we consider $650 to be a good value to store fiat in BTC, or do we believe storing fiat in some other investment vehicle or leaving it in fiat would be preferable? Each of us needs to decide for ourselves what is the best storage of that newly acquired fiat. Personally in the past several months, I have been putting my newly acquired fiat into BTC b/c currently, I consider BTC prices to be a good value as compared with other ways that I could store/invest that newly acquired fiat. Keeping it in fiat does NOT seem to be a very prudent approach in my current thinking. I am happy as long as I have more BTCs than to begin with. The remaining fiat is a bonus, if it drops I get more BTC, if it does not I have some fiat to burn. I think many of the longer-term holders may be fully invested in BTC with little fiat to throw in at this point. However, most newbies begin with Bitcoin by just "getting their feet wet" so to speak. They throw a little in thinking it is too risky to put more in. When they see the price double in a short period of time they realize they should have thrown in much more and then suddenly they throw caution to the wind and buy as much as they possibly can which fuels the fire and that is how we get our runs to new ATH. So my advice to any "newbie" reading this is learn from this. Waiting to buy with Bitcoin is generally a bad idea, especially as the price is showing movement upwards. Just my two cents here. Bitchick: I largely agree with you; however, there is another dynamic here, that seems to influence the way investors talk about BTC, and that is if you have already experienced a bubble and you were in BTC, then you are going to have a cushion of already being largely in the black. I started investing in November 2013 at the top of the last bubble, but I had already realized that the previous run up had been pretty intense.. NONETHELESS, I wanted to get in at $1200 b/c I had just learned about some of the fundamentals at that point.. .and surely I have been learning more since but continuing my investment... currently, I am in the black, but just barely... yet I am NOT worried about it and I am continuing to invest in BTC as my fiat comes in.... YET at the same time, I am NOT going balls to the walls with high level investing b/c that is NOT my style, and I like to remain diversified (even though I am going to make less during the next bubble). Also, I agree with you that currently waiting would NOT be a good idea.. b/c the train is likely going to be leaving and the bits are NOT going to get a whole hell-a-va lot cheaper.... though we may be in the flat for a month or so, but if I were just getting into BTC, I would front load a lot more of my investment currently, as compared to when the price was at $1200 in last November.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 10, 2014, 07:39:06 PM |
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Who'd've thunk it just a couple of years ago? I thought They wanted to go for XBT as the nomenclature though. Does this mean that yahoo finance just started to list BTC? or has it been there for a while?
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gentlemand
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Welt Am Draht
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June 10, 2014, 07:39:50 PM |
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I believe it's a brand new development.
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ChartBuddy
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June 10, 2014, 08:01:02 PM |
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wachtwoord
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June 10, 2014, 08:05:38 PM |
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Who'd've thunk it just a couple of years ago? I thought They wanted to go for XBT as the nomenclature though. Is it sad I think this is one of the coolest things ever? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Yeah, I know it is .... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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Parazyd
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June 10, 2014, 08:07:54 PM |
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Okay, who's gonna do market buys?
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Dalmar
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June 10, 2014, 08:17:11 PM |
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deadley
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June 10, 2014, 08:21:14 PM |
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Its really scaring, dont know what will happen if they touch 51% mark.
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wachtwoord
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June 10, 2014, 08:22:33 PM |
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Its really scaring, dont know what will happen if they touch 51% mark. It happened in the past with different pools and nothing happened. I really thought this time was behind us. How the hell did p2pool not take off? Come on, this community should be technically competent enough ...
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romneymoney
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HODL
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June 10, 2014, 08:24:47 PM |
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N12
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June 10, 2014, 08:29:12 PM |
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Richy_T
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June 10, 2014, 08:32:38 PM |
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Its really scaring, dont know what will happen if they touch 51% mark. It happened in the past with different pools and nothing happened. I really thought this time was behind us. How the hell did p2pool not take off? Come on, this community should be technically competent enough ... p2pool is pretty neat and I used it a bit until all my equipment became obsolete. It has more variance than some people like though.
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hd060053
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June 10, 2014, 08:39:07 PM |
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stamp going below btc-e soon.
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seljo
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Hodling since 2011.®
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June 10, 2014, 08:40:06 PM |
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Its really scaring, dont know what will happen if they touch 51% mark. It happened in the past with different pools and nothing happened. I really thought this time was behind us. How the hell did p2pool not take off? Come on, this community should be technically competent enough ... p2pool is pretty neat and I used it a bit until all my equipment became obsolete. It has more variance than some people like though. Ghash is on 40.57 Phs atm...
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Erdogan
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June 10, 2014, 08:42:02 PM |
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seljo
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June 10, 2014, 08:45:25 PM |
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I care, ghash is my weapon of choice, moar btc for me.
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Ivanhoe
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June 10, 2014, 08:52:51 PM |
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LTC/BTC going down through support.
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tarmi
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June 10, 2014, 08:53:34 PM |
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I care, ghash is my weapon of choice, moar btc for me. oh really?
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