gizmoh (OP)
Legendary
 Offline
Activity: 1428
Merit: 1000
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May 02, 2013, 02:24:23 PM |
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For those who are not aware we are ALREADY in double digits..
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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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Birdy
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May 02, 2013, 02:26:43 PM |
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I prefer holding and watching it either crumble to dust or rise again.
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Crazy
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May 02, 2013, 02:27:04 PM |
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Know when to hold em, know when to fold em.
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Elon Krusky
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samson
Legendary
Offline
Activity: 2097
Merit: 1068
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May 02, 2013, 02:30:56 PM |
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Know when to hold em, know when to fold em.
I agree, sell them all and buy back cheaper |
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ninjaboon
Legendary
Offline
Activity: 2114
Merit: 1002
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May 02, 2013, 02:31:27 PM |
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time to buy more and hold.  |
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bitleif
Sr. Member
Offline
Activity: 351
Merit: 250
I'm always grumpy in the morning.
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May 02, 2013, 02:31:52 PM |
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AFTER a crash is usually the dumbest time to sell. Instead you should be buying in small increments all the way down, adjusting along the way as you get more information.
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Birdy
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May 02, 2013, 02:32:33 PM |
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AFTER a crash is usually the dumbest time to sell. Instead you should be buying in small increments all the way down, adjusting along the way as you get more information.
+1 |
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codesuela
Member
Offline
Activity: 74
Merit: 10
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May 02, 2013, 02:33:32 PM |
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AFTER a crash is usually the dumbest time to sell. Instead you should be buying in small increments all the way down, adjusting along the way as you get more information.
+1 implying the crash is over |
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RationalSpeculator
Sr. Member
Offline
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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May 02, 2013, 02:34:33 PM |
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AFTER a crash is usually the dumbest time to sell. Instead you should be buying in small increments all the way down, adjusting along the way as you get more information.
my strategy too, though it does accumulate loses! as well as bitcoins  |
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Crazy
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May 02, 2013, 02:34:58 PM |
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Buying "all the way down" works in a subjective fashion. When I consider this still an inflated price, am I really buying on the way down, or at the top of my perceived overvaluation? My "on the way down" is a lot different than yours, especially if you think $110-$120 is cheap like some people were saying.
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Elon Krusky
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bitleif
Sr. Member
Offline
Activity: 351
Merit: 250
I'm always grumpy in the morning.
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May 02, 2013, 02:38:27 PM |
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implying the crash is over
Not really. The point is you don't KNOW when the crash is over, at each point you have to consider the probability that this is the bottom right now, and buy in at that probability. That's why you buy in increments, never do all-or-nothing trades. |
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StarrManUK
Newbie
Offline
Activity: 52
Merit: 0
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May 02, 2013, 02:38:56 PM |
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I had a buy order @ 128 that went through yesterday and completely forgot about it lol  I'm not going to sell right now that's for sure. |
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bitleif
Sr. Member
Offline
Activity: 351
Merit: 250
I'm always grumpy in the morning.
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May 02, 2013, 02:41:24 PM |
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Buying "all the way down" works in a subjective fashion. When I consider this still an inflated price, am I really buying on the way down, or at the top of my perceived overvaluation? My "on the way down" is a lot different than yours, especially if you think $110-$120 is cheap like some people were saying.
That's true. You have to invest according to YOUR view of future probabilities and appetite for risk. If you are 100% sure this is not the bottom then you don't need to buy anything of course. |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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May 02, 2013, 02:45:14 PM |
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it is going to 70 $ by tomorrow
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anu
Legendary
Offline
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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May 02, 2013, 02:47:50 PM |
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Buying "all the way down" works in a subjective fashion. When I consider this still an inflated price,
I am bearish, too, but only based on the twisted perception of ignorant morons who haven't got a clue. ATM, only the post "bubble" desperation gets priced in, not the potential 3 order magnitude upturn. |
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Jaroslaw
Member
Offline
Activity: 84
Merit: 10
supernode
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May 02, 2013, 02:51:41 PM |
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i sell all my bitcoins and waitig for better times
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d5000
Legendary
Offline
Activity: 3906
Merit: 6186
Decentralization Maximalist
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May 02, 2013, 02:58:12 PM |
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i sell all my bitcoins and waitig for better times
I thought you sold all at 165 ?  :D |
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anu
Legendary
Offline
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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May 02, 2013, 02:58:27 PM |
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i sell all my bitcoins and waitig for better times
Selling all is really the most stupid thing to do. |
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gizmoh (OP)
Legendary
Offline
Activity: 1428
Merit: 1000
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May 02, 2013, 02:58:27 PM |
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i sell all my bitcoins and waitig for better times
I have to say you were right mate |
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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Coinbuck @ BTCLot
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May 02, 2013, 02:59:59 PM |
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For those who are talking about the troll box look into this forum section  |
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