eclipse81
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April 19, 2013, 10:24:30 AM |
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thats kind of what I am saying though..I think there are quite a few people who got in ver their heads.They bought in at 170+ saw it go to 50 and now will just want out.I will be surprised if he doesnt sell as soon as it hits break even territory.because if he blows this chance he may lose a wife,or maybe he will say screw you to her rd eit out and buy a maserati to pick up his new wife...no idea really just putting one real world example out there that I believe reflects a percentage of the post bubble BTC holders out there..but yah lets swing for 170 going into the weekend.Any higher too soon might have people on edge.we can always hit 300 next weekend.
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Tirapon
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April 19, 2013, 10:25:39 AM |
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I sold at 130, with a limit to buy back at 110. Then I pussied out and bought back in at 125...
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xorglub
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April 19, 2013, 10:28:32 AM |
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Indeed, going back down. Now the big question is where is the bottom ?
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DrG
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April 19, 2013, 10:36:51 AM |
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My take would be, the time to buy back was 15 minutes ago. Hope you did Quoted! I didn't actually, Let's see if I'll have any regrets. IMHO we can buy back cheaper. Nikola thinks it'll go lower. I believe $110.25 was the bottom for today. One of us is right Bitcoin's volatility has impressed me several times before, though. I went +50,000 USD in with speculative capital the day when it smashed from 90->50 about 84 hours ago. No, I did not buy at 50, my average buy point was 86! That was my smartest guess, which was outsmarted by the herd that day. Anyway, half of that position is still long (half sold after a day at 92) and I will sell it according to schedule for a profit. If it goes below 90, I will buy back. I am short term bearish for anything above 130. Yeah well I wasn't able to get any money into Gox until yesterday (missed the $50 buying opportunity). I did get in at $90, sold on the second blip at $130. I bought back in at $120 and I'm going to sleep. People will neglect their health at the hopes of making easy money. Money has no purpose when you're dead (other than to distribute your estate haha).
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muyuu
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April 19, 2013, 11:08:07 AM |
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See you guys back in $250
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BitPirate
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RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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April 19, 2013, 11:18:09 AM |
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Guys what's with the constant emo bear pessimism?
Get a grip.
The market has survived a parabolic rise and subsequent correction. This gives every reason to be bullish. $135 is a very fair price an I fully expect it to continue rising in the coming weeks and months.
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b!z
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April 19, 2013, 11:28:40 AM |
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I fucking bought in at $130. ;_;
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wonkytonky
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April 19, 2013, 11:35:05 AM |
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bought in at 135..
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Whatever. And no you haven’t been in bitcoin since 2010. Plus if you really feel the way you do. Then sell. Have conviction. If not keep pounding sand.
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San1ty
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April 19, 2013, 11:45:08 AM |
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I fucking bought in at $130. ;_;
You are horrible and have no clue... Stop trading now!
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Found my posts helpful? Consider buying me a beer :-)!: BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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BitPirate
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April 19, 2013, 11:50:28 AM |
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I fucking bought in at $130. ;_;
You are horrible and have no clue... Stop trading now! Bullshit, it's going up to $150+ by Tuesday.
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Jaroslaw
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supernode
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April 19, 2013, 11:58:31 AM |
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I fucking bought in at $130. ;_;
You are horrible and have no clue... Stop trading now! Bullshit, it's going up to $150+ by Tuesday. It will be going 1000$ by end of year.
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uMMcQxCWELNzkt
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April 19, 2013, 12:00:24 PM |
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My wallet is starting to grow nicely.
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ManBearPig
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April 19, 2013, 12:23:46 PM |
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$110 being tested, not much support there but it's growing.
I don't think $100 needs to be worried that much - if it holds 3 figures today after having posted $135 I'll be happy.
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muyuu
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April 23, 2013, 11:54:16 PM |
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$142.5
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zeroday
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April 24, 2013, 01:53:54 AM |
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Won't sell it even at $200
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superside
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April 24, 2013, 02:57:08 AM |
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I sold at an average of 71.42....when I meant to buy. Time to suck start a shot gun
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jubalix
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April 24, 2013, 03:14:57 AM |
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I wouldn't sell at 1000$
I am not here to day trade and all that stress, to get 1x more or 4x more here and there even if I could pick the tops an bottoms.
What I am into is the orders of magnitude increase of BTC, 10, 100, 1000, 10,000 etc.
This really out weighs most benefit i could get by trading.....yeah sure I could buy and sell, but I going to miss the boat at some point is a sell, and then its going and order of magnitude on me, not comming back, and thats that.
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Melbustus
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April 24, 2013, 04:16:28 AM |
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...
This really out weighs most benefit i could get by trading.....yeah sure I could buy and sell, but I going to miss the boat at some point is a sell, and then its going and order of magnitude on me, not comming back, and thats that.
Yup. Add to that the fact that day-traders are highly exposed to optimism bias and selective memory. Furthermore, the bitcoin market is likely a fun toy for experienced Wall St. traders who get to manipulate a thin market and fleece a bunch of 23yr olds who think they have it "figured out". Day trading is a negative-sum game. Very similar to poker. In poker, an analysis of large online hand databases suggested that about 2/3 of players lost, and that the vast majority of the 1/3 that actually ended up ahead, only ended up very slightly ahead (ie, not even close to being worth the time). I'd love to see a survey of the 2/3 of losing players and how many of them *think* that they win....again, optimism bias and selective memory.
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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trogdorjw73
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April 24, 2013, 05:46:31 AM |
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Here's one for you: "A part of all you earn is yours to keep."If you need money (fiat) for something, fine, but always keep 10% of your coins for the future. Invest it as it were. If I had done that properly, and then cashed out at $200+, my mining profits would have been about half of my yearly income just from that 10%. Anyway, I'm holding now and thinking next major sell I'm going to do will be at $500. It might take months or even a year or more to get there, but when we do, I should be sitting on close to 100 BTC if not more. At some point in the next few years, when the price is high enough I'll cash out of 90% of my coins and pay off my house. :-D
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muyuu
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April 25, 2013, 12:32:25 PM |
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Jumped back in yet or are you waiting for $200?
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