adamstgBit
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September 14, 2014, 04:08:40 AM |
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jaberwock
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September 14, 2014, 04:09:15 AM |
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Is that round thing in the tower a giant Bitcoin symbol?
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Tony Abbot
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September 14, 2014, 04:34:07 AM Last edit: September 14, 2014, 04:49:10 AM by Tony Abbot |
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Only amphetamines could be the cause of such madness..... What time is it wherever you are? My buy order at 525 AUD still stands as there was a $20 rise instead... Thinking I might just buy anyway, things might get exciting on Monday. I swear this is what I'd like to call "the average bottom".
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jaberwock
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September 14, 2014, 04:49:25 AM |
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Only amphetamines could be the cause of such madness..... What time is it wherever you are? My buy order at 525 AUD still stands as there was a $20 rise instead... Thinking I might just buy anyway, things might get exciting on Monday.ve been I swear this is what I'd like to call "the average bottom". Here is dawn. Usually weekend are dump times, but the dump might occur only in the last minutes.
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Tony Abbot
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September 14, 2014, 04:57:47 AM |
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If this wasn't the bottom, we would have seen the usual weekend drop.... Or have I spoken too soon?
I just convinced a friend of mine to throw 5 grand at some BTC.... I've got a feeling that by 9am (Australia time) tomorrow the uptrend will be in full swing and he's gonna pay too much.
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ChartBuddy
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September 14, 2014, 04:59:07 AM |
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Omikifuse
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September 14, 2014, 05:05:23 AM |
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$7.2M paid by USA to russia in 1867 to buy Alaska In 1867 that was a huge ammount of monwy(see some western movies and you will agree) But not sure what it has to do with the topic
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catena5260
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September 14, 2014, 05:20:29 AM |
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In 1867 that was a huge ammount of monwy(see some western movies and you will agree) 10.8 tons of gold since 1 dollar was fixed weight of 1.5grams (23.22 grains) of gold from 1834 until 1900) Around 14 Billion, considering the current value of gold.
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lyth0s
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World Class Cryptonaire
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September 14, 2014, 05:44:33 AM |
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About to break that $480 resistance?
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ChartBuddy
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September 14, 2014, 05:59:05 AM |
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ChartBuddy
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September 14, 2014, 06:59:06 AM |
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Brewins
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September 14, 2014, 07:56:55 AM |
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Or around 400M, if you consider the gold equivalent.
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ChartBuddy
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September 14, 2014, 07:59:06 AM |
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Bagatell
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September 14, 2014, 08:03:32 AM |
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ChartBuddy
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September 14, 2014, 08:59:04 AM |
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Dalmar
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September 14, 2014, 09:00:01 AM |
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Or around 400M, if you consider the gold equivalent. Or over 130 billion, if you consider the DOW equivalent.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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September 14, 2014, 09:19:22 AM |
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If this wasn't the bottom, we would have seen the usual weekend drop.... Or have I spoken too soon?
I just convinced a friend of mine to throw 5 grand at some BTC.... I've got a feeling that by 9am (Australia time) tomorrow the uptrend will be in full swing and he's gonna pay too much.
These buying decisions are always difficult b/c you really do NOT know if there is going to be another dump attempt. Sometimes they occur late on Sunday and sometimes they even occur on Monday... Maybe it will NOT make much of a difference if you buy at $478 or $458 (I'm talking about the price on Bitstamp for common reference).. sure it is possible, that the price could be pushed down an additional $20 or even more ... or maybe also, as you suggest, this is then lowest b/c maybe the dumpers are running out of coin and running out of ammunition and running out of resolve. But I would NOT bank on it.... If you are really concerned that the train may leave without you and you have a stash that you are ready to invest now... maybe just for leverage, you may decide to invest approximately 80% of that stash now, and hang onto 20% of the stash, just in case the price drops further.. or whatever allocation that makes you feel comfortable, in case the price goes against your estimations.
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Searing
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Clueless!
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September 14, 2014, 09:31:05 AM |
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I don't like saying this...but my view (likely wrong) is it will drop to 400 or below....imho just too much 'mining' via all the methods including cloud hashing etc and just not enough use nor will to buy at this time...just sell asap ....hopefully this is short term...but just 'feels' like too much BTC being converted directly to USD on all these mega farms and/or what few merchants like overstock.com etc are taking bitcoin...thus again imho we are in this slump till around 400 usd or below...till some other aspects of use etc on Bitcoin return...(hopefully)
hoping the ETF by the facebook twins or just plain....expense of mining...glut stops and .shortens this 'slump period' again in my view ...but again i just have a feeling that too much currency vs use and too much of that currency is being converted directly...thus an ugly pattern of bad news or frak any news on BTC lately seems to be seen in the most negative light...and thus over reaction in my view to dump (at this time)
hope I'm wrong ...wanna be a bull......having identity crisis
anyway my view but don't mind me...I bought from BFL and Alpha Tech (got full refunds on both) and a NO ROI TITAN from KNC on order so obviously I don't know WTF I'm talking about and am quite likely certifiably ready for a rubber room
but if BTC is a 3 legged stool mining/buying & selling/ use .... using BTC seems way back of the pack compared to the other two processes imho
just my demented view
Searing
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