zeroday
Donator
Hero Member
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Activity: 784
Merit: 1000
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April 26, 2013, 05:30:53 AM |
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I'm starting to like these Pig runs.
More newcomers are getting chance to buy for cheap.
If I had more available USD, I would spend it all to buy BTC right at this sweet moment.
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"You Asked For Change, We Gave You Coins" -- casascius
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UltimateReaper
Newbie
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Activity: 56
Merit: 0
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April 26, 2013, 05:32:20 AM |
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I don't know whether or not I should sleep tonight based upon the current activity at Mt Gox, I still haven't bought back in yet.
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AmazonStuff
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April 26, 2013, 05:33:55 AM |
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If we continue like this, we will break $100 in a few hours
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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April 26, 2013, 05:41:03 AM |
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There was a massive, well orchestrated sale on silk road, sort of like a Black Friday of the sorts if you'd want to compare the magnitude of volume which was in operation for the past 48 hours, it just ended today and hence the sell-offs have already started. Most of the vendors are selling off their btc slowly, others not as slow.
if this is true, and it is not a market correction, we're likely to see prices shoot up very quickly once the selling pressure tapers off. |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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arepo
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
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April 26, 2013, 05:41:27 AM |
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I don't know whether or not I should sleep tonight based upon the current activity at Mt Gox, I still haven't bought back in yet.
probably should have done that at $120  |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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UltimateReaper
Newbie
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Activity: 56
Merit: 0
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April 26, 2013, 05:43:41 AM
Last edit: April 26, 2013, 06:01:22 AM by UltimateReaper |
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I don't know whether or not I should sleep tonight based upon the current activity at Mt Gox, I still haven't bought back in yet.
probably should have done that at $120 Probably but I'm stubborn and really really want to buy an even number...  Meh. I'll give it one more day if anything. I've learned my lesson though. I'm going straight to an exchange once I do actually buy. (Edit: I'm probably going to regret this, but I'm 75% in at roughly $127, enough with the greed, May here we come.) |
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Ichthyo
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April 26, 2013, 06:41:40 AM |
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I'm probably going to regret this, but I'm 75% in at roughly $127, enough with the greed, May here we come.
Doesn't sound too bad. Either we're cooling down roughly at $125 (and then we'll see more in some hours or days), or we're going really lower, and in the latter case I wouldn't go in at $120, rather wait first and see if we make it lower. |
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UltimateReaper
Newbie
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Activity: 56
Merit: 0
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April 26, 2013, 06:55:04 AM |
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I'm probably going to regret this, but I'm 75% in at roughly $127, enough with the greed, May here we come.
Doesn't sound too bad. Either we're cooling down roughly at $125 (and then we'll see more in some hours or days), or we're going really lower, and in the latter case I wouldn't go in at $120, rather wait first and see if we make it lower. Yeah, better to take a small loss than lose everything to greed. If we go below 90$ in some freak accident though I may punch myself in the face. At the same time my real goal is to become a master trader over the next few years, so I wont pout. Ill be patient and stick with it. |
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bitleif
Sr. Member
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Activity: 351
Merit: 250
I'm always grumpy in the morning.
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April 26, 2013, 07:38:24 AM |
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It's like 2011 all over again.
What's wrong with that? You could make a lot of money in 2011. I missed out that time, this time I'm paying attention. The BTC community is mostly young people with little trading experience, and it shows. Novice traders expect every price move to be a straight line from A to B, and every trend to continue linearly in perpetuity. Prices NEVER go vertical without crashing. Crashes virtually always rebound. Big sudden moves in any direction are almost always partially retraced, and often temporarily. And markets susceptible to fervor are equally susceptible to panic. |
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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April 26, 2013, 07:45:00 AM |
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It's like 2011 all over again.
What's wrong with that? You could make a lot of money in 2011. I missed out that time, this time I'm paying attention. The BTC community is mostly young people with little trading experience, and it shows. Novice traders expect every price move to be a straight line from A to B, and every trend to continue linearly in perpetuity. Prices NEVER go vertical without crashing. Crashes virtually always rebound. Big sudden moves in any direction are almost always partially retraced, and often temporarily. And markets susceptible to fervor are equally susceptible to panic. Bitcoin losing credibility as a currency/store of value, it will not just go up again (for the medium-long term) without greater adoption, and the masses wont dip for a high risk investment. |
How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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Jaroslaw
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Activity: 84
Merit: 10
supernode
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April 26, 2013, 07:49:36 AM |
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i have already popcorn and waiting for double digits.
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bitleif
Sr. Member
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Activity: 351
Merit: 250
I'm always grumpy in the morning.
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April 26, 2013, 07:59:49 AM
Last edit: April 26, 2013, 07:22:12 PM by bitleif |
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Bitcoin losing credibility as a currency/store of value, it will not just go up again (for the medium-long term) without greater adoption, and the masses wont dip for a high risk investment.
Stop being attached to the credibility outcome. If bitcoin is worth its salt, it will come into its own right when the time is right. This is the same mistake many new businesses make - "we must have mass adoption NOWZ!" - when what's really missing is more infrastructure and value to the customer. |
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samson
Legendary
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Activity: 2097
Merit: 1068
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April 26, 2013, 06:49:18 PM |
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i have already popcorn and waiting for double digits.
I'm going with pizza this time. |
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StarrManUK
Newbie
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Activity: 52
Merit: 0
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April 26, 2013, 06:56:29 PM |
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I don't know whether or not I should sleep tonight based upon the current activity at Mt Gox, I still haven't bought back in yet.
I'm sorry but what are you guys talking about?...it's been stable ~130 for a while. I need to stop reading this forum, every time I've lost money it's been because I read some BS on here rather than trust my own instincts. |
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SAQ
Newbie
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Activity: 56
Merit: 0
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April 26, 2013, 09:08:47 PM |
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The caaaaaalm before the stoorm
The question is, which way
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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April 26, 2013, 09:12:29 PM |
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The caaaaaalm before the stoorm
The question is, which way
up. see my other posts. |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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fitty
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April 26, 2013, 09:14:22 PM |
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It's like 2011 all over again.
If it crashes down to $50 again (it won't go lower then that, wayyyyy too much money on MtGox and wayyyy too many people believe it's worth far more then $50), lots and lots of people would make a ton of money. So, yeah I hope it does. It will probably be back right here 4 days later. When it goes from $150 to $50 to $150 again, people make a KILLING. Lots of people want crashes, just so they can have rallies. There's no "correct" value. It's how far people dumping coins can push it down (and sucker in panic sellers). And how far people buying coins can push it up (and bring in people wanting a rally). That has nothing to do with Bitcoin's success, adoption rate, how well things are going. Enjoy it, make money off it, try not to get upset. |
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ManBearPig
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April 27, 2013, 09:36:56 AM |
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It's like 2011 all over again.
Well that's great thanks for that. You mean we can look ahead to 130x growth in 17 months once we reach the bottom? Yes because that's what happened between Nov 2011 and Apr 2013 WITHOUT all the positives and media coverage we just had. Count me in. Also: that thing I did in that hotel on New Years Eve 2011 - I won't be doing THAT again. If you're trolling, at least be amusing eh? |
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wonkytonky
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April 27, 2013, 10:10:48 AM |
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It's like 2011 all over again.
There's no "correct" value. It's how far people dumping coins can push it down (and sucker in panic sellers). And how far people buying coins can push it up (and bring in people wanting a rally). That has nothing to do with Bitcoin's success, adoption rate, how well things are going. Enjoy it, make money off it, try not to get upset. this.. |
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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rebuilder
Legendary
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Activity: 1615
Merit: 1000
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April 27, 2013, 11:25:59 AM |
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It's like 2011 all over again.
Only if we go below $20 or so per coin. |
Selling out to advertisers shows you respect neither yourself nor the rest of us.
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