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Author Topic: Bitcoin going to be between $50-$75 US tomorrow. :(  (Read 5264 times)
UltimateReaper
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May 03, 2013, 04:06:34 AM
 #21

Price is approaching the low for today....
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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bozak
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May 03, 2013, 04:07:48 AM
 #22

This is just another negative news cycle.  I think you may be correct about a drop coming, but it is more related to the Mt.Gox/Coinlab issues and the problem with embedded messages than investors panicing that bought to high.  The panic player already sold last time the price dipped to $50.  
Surpbitcoin (OP)
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May 03, 2013, 04:08:09 AM
 #23

Price is approaching the low for today....


New 24H low.

I cant believe people still think BTC is worth 100+each
zeroday
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May 03, 2013, 04:10:39 AM
 #24

Post more FUD please. I love panicking chicken!
It would be great to buy at $50. Just going to make another wire to gox.
UltimateReaper
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May 03, 2013, 04:12:28 AM
 #25

Price is approaching the low for today....


New 24H low.

I cant believe people still think BTC is worth 100+each

I'm about to buy back so I can retire for the night. This stuff is hardcore.
Surpbitcoin (OP)
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May 03, 2013, 04:13:07 AM
 #26

This is just another negative news cycle.  I think you may be correct about a drop coming, but it is more related to the Mt.Gox/Coinlab issues and the problem with embedded messages than investors panicing that bought to high.  The panic player already sold last time the price dipped to $50.  

I wish it was that simple, People dont sell beause of a $75 million lawsuit that wont be herd for years to come.

This, and this is only my opinion, is the correction we`ve been needing.

Surpbitcoin (OP)
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May 03, 2013, 04:14:02 AM
 #27

Post more FUD please. I love panicking chicken!
It would be great to buy at $50. Just going to make another wire to gox.


well while you send your wire I`ll have cash ready. This is no FUD, what ever that means! This is reality baby!
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May 03, 2013, 04:22:25 AM
 #28

 [̲̅$̲̅(̲̅5o̲̅)̲̅$̲̅] --  [̲̅$̲̅(̲̅75)̲̅$̲̅]

Revewing Bitcoin / Crypto mining Hardware.
Surpbitcoin (OP)
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May 03, 2013, 04:23:20 AM
 #29

[̲̅$̲̅(̲̅5o̲̅)̲̅$̲̅] --  [̲̅$̲̅(̲̅75)̲̅$̲̅]

Yes sir!
UltimateReaper
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May 03, 2013, 04:25:44 AM
 #30

[̲̅$̲̅(̲̅5o̲̅)̲̅$̲̅] --  [̲̅$̲̅(̲̅75)̲̅$̲̅]

Yes sir!

Bought back. Sweat is now off my back. Miniscule btc gain but hell I was way too late in the game anyway. Gain is gain. Today was a good day.

Anyways, do you really think we're going that low? We were at 130 yesterday.
Surpbitcoin (OP)
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May 03, 2013, 04:32:30 AM
 #31

[̲̅$̲̅(̲̅5o̲̅)̲̅$̲̅] --  [̲̅$̲̅(̲̅75)̲̅$̲̅]

Yes sir!

Bought back. Sweat is now off my back. Miniscule btc gain but hell I was way too late in the game anyway. Gain is gain. Today was a good day.

Anyways, do you really think we're going that low? We were at 130 yesterday.

I do, I mean I could be wrong, I have been before but latley I`ve been getting good with reading the charts thanks to some currencey trading videos I`ve been watching. Anyways, look at the 3 or 7 day chart, if you look at the 7 keep in mind that 2 days are a weekend. Watch the slope, see it struggle to stay up.

Were tanking for sure, question is where will we land?
Xiaoma
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May 03, 2013, 04:38:38 AM
 #32

I should go to sleep too... guess I can settle for a mere 35% gain for today. Sleep is more important than super profit.
Surpbitcoin (OP)
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May 03, 2013, 04:40:48 AM
 #33

I should go to sleep too... guess I can settle for a mere 35% gain for today. Sleep is more important than super profit.

Good work dude, keep it up!  Smiley
UltimateReaper
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May 03, 2013, 04:41:19 AM
 #34

[̲̅$̲̅(̲̅5o̲̅)̲̅$̲̅] --  [̲̅$̲̅(̲̅75)̲̅$̲̅]

Yes sir!

Bought back. Sweat is now off my back. Miniscule btc gain but hell I was way too late in the game anyway. Gain is gain. Today was a good day.

Anyways, do you really think we're going that low? We were at 130 yesterday.

I do, I mean I could be wrong, I have been before but latley I`ve been getting good with reading the charts thanks to some currencey trading videos I`ve been watching. Anyways, look at the 3 or 7 day chart, if you look at the 7 keep in mind that 2 days are a weekend. Watch the slope, see it struggle to stay up.

Were tanking for sure, question is where will we land?

Indeed. I'm not pressing my luck though. Not today. Need to sleep so I am ready for whatever tomorrow holds. I'll gain a little BTC at a time, and stick to my developing Bushido. One rule I've come up with is "NEVER TAKE A LOSS!" And I did that today. And a little more than half of one percent!  Cheesy

Good practice. Anyways holding BTC is SO much less stressful than holding fiat.

I mean for example if I you have 100 BTC and the price tanked or rose by 27% you still have 100 BTC. However, if you had the equivalent in fiat and the price rose 27% you lost BTC.

I'm learning a lot man. Feels good to be gangster. lol
UltimateReaper
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May 03, 2013, 04:43:01 AM
 #35

I should go to sleep too... guess I can settle for a mere 35% gain for today. Sleep is more important than super profit.

Dude I gained .66% so be happy with 35% ha ha. Greed is the bane of loss. lol Congratz bro. I'm about to head off myself.

Bah, I'm in this for the long stretch and will rely on the power of compound interest.

besides the price started to shoot back up the moment after I bought back in  Cheesy
bitcon
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May 03, 2013, 04:53:10 AM
 #36

i'll be waiting with my fiat just like last time it crashed to ~$50
Surpbitcoin (OP)
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May 03, 2013, 04:54:59 AM
 #37

i'll be waiting with my fiat just like last time it crashed to ~$50

I like the cut of your jib dude!
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May 03, 2013, 05:15:41 AM
 #38

i'll be waiting with my fiat just like last time it crashed to ~$50

I'll be buying every 1.3% between here and 50 just in case we don't make it all the way there.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Surpbitcoin (OP)
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May 03, 2013, 05:18:04 AM
 #39

i'll be waiting with my fiat just like last time it crashed to ~$50

I'll be buying every 1.3% between here and 50 just in case we don't make it all the way there.


LOL... May I ask how you decided on 1.3%
notme
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May 03, 2013, 05:25:41 AM
 #40

i'll be waiting with my fiat just like last time it crashed to ~$50

I'll be buying every 1.3% between here and 50 just in case we don't make it all the way there.


LOL... May I ask how you decided on 1.3%

I run a market maker bot.  I haven't run it in a while, so my trade fees are still pretty high.  1.3% covers the fees and gives me a small profit on each trade pair.  The exchange makes quite a bit more than me off my trading at this point, but I'd rather trade more often to get my fees down for the longer term.  I'm really just playing around with it at this point, but when the semester is over I'll have time to clean it up and add some features.  I'll also have more time to watch it for a while, so at that point I'll start ramping up my trade volume.  There's still a lot of volatility this market has to work out.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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