muyuu
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Activity: 980
Merit: 1000
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October 24, 2013, 10:45:52 PM |
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I'd put my buying orders around $175. If it goes lower than that it will most likely recover soon. You can put some cheeky bids around $150 to see if someone tries a big dump, just in case.
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GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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theonewhowaskazu (OP)
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October 24, 2013, 10:47:07 PM |
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I'd put my buying orders around $175. If it goes lower than that it will most likely recover soon. You can put some cheeky bids around $150 to see if someone tries a big dump, just in case.
$175 is too high for me to have enough dollars to achieve my target amount of BTC, though.  |
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BitPappa
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October 24, 2013, 10:50:13 PM |
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Where your fiat was one week ago? $150 might never come again.
So close!
My fiat, was, precisely one week ago, in my bank account, waiting to be debited by COINBASE UNTIL THEY CANCELED MY ORDER DUE TO "HIGH RISK"! Odd, I worry about my bank canceling my accounts due to transfers to Bitcoin exchanges, not the other way around. Not that you owe an explanation, but do you have a clue why they considered you hight risk? I would bet yes, we will revisit $150. I think extreme volatility (up and down) is something we should be expecting. But the trend is clearly up, and that's all that matters to me. Volatility is a gift to buy in on dips. I guess traders try to play it both ways (and the big ones try to push it both ways). Put a buy order (or many) wherever you want. Worst that can happen is it doesn't execute. |
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muyuu
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Activity: 980
Merit: 1000
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October 24, 2013, 11:31:58 PM |
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I'd put my buying orders around $175. If it goes lower than that it will most likely recover soon. You can put some cheeky bids around $150 to see if someone tries a big dump, just in case.
$175 is too high for me to have enough dollars to achieve my target amount of BTC, though. You will have to balance your targets and the probability that you reach them... Such is life. |
GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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MAbtc
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October 24, 2013, 11:36:29 PM |
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I had a small bid fill at $153 last night on BTC-E. That was nice.  |
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theonewhowaskazu (OP)
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October 24, 2013, 11:41:42 PM |
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I'd put my buying orders around $175. If it goes lower than that it will most likely recover soon. You can put some cheeky bids around $150 to see if someone tries a big dump, just in case.
$175 is too high for me to have enough dollars to achieve my target amount of BTC, though. You will have to balance your targets and the probability that you reach them... Such is life. IDK, so far my theory with BTC is "If you don't like the current price of Bitcoin, wait and it'll probably get there." So far its worked reasonably well. |
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balanghai
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October 24, 2013, 11:42:44 PM |
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A very good dumping time? Not...  |
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BitPappa
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October 25, 2013, 12:47:38 AM |
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I just looked at a graph of the past month, and that gave more perspective. It's not like we've been above 150 for very long...
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cowandtea
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October 25, 2013, 01:22:39 AM |
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High chance, it can even go down to $100 just don't catch a falling dagger  |
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Corelianer
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October 25, 2013, 08:36:07 AM |
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High chance, it can even go down to $100 just don't catch a falling dagger yep, can cut your hand, cut your hand off or get stuck in your foot |
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NUFCrichard
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Activity: 1218
Merit: 1003
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October 25, 2013, 08:49:04 AM |
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The market is less volatile than it was, now that the market cap is higher.
I think some major news would be needed to move us back to $100, otherwise the bounces will be back down to $170 or so (IMO)
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favdesu
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Activity: 1764
Merit: 1000
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October 25, 2013, 08:50:50 AM |
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currently 175, so yes. I think it'll go down to 120 at least
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Corelianer
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October 25, 2013, 08:59:53 AM |
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The market is less volatile than it was, now that the market cap is higher.
I think some major news would be needed to move us back to $100, otherwise the bounces will be back down to $170 or so (IMO)
I don't think that it needs any news, people have a time and price preference. If they see how their investment looses value over a couple of days, they jump off the boat automatically. |
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BitPappa
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October 27, 2013, 04:27:27 PM |
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BTCChina is back above $200. Count me as surprised the last little tumble didn't make it to $150 on any of the major exchanges.
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culexevilman
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Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
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October 27, 2013, 04:36:54 PM |
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time to go 300+
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DeathAndTaxes
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Activity: 1218
Merit: 1079
Gerald Davis
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October 27, 2013, 04:43:49 PM |
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Why do people want to try and call at a bottom? Kinda sucks if you have a BUY 100 BTC @ $150.00 and the lowest tick before heading skyward is $151.23.
If you want a position just use multiple price points.
BUY 20 @ $170.00
BUY 20 @ $165.00
BUY 20 @ $160.00
BUY 20 @ $155.00
BUY 20 @ $150.00
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dserrano5
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Activity: 1974
Merit: 1029
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October 27, 2013, 04:58:20 PM |
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If you want a position just use multiple price points.
BUY 20 @ $170.00
BUY 20 @ $165.00
BUY 20 @ $160.00
BUY 20 @ $155.00
BUY 20 @ $150.00
+1. That's how I got some coins at several prices down to 125.1 EUR (lowest was 125.0). Of course my cheaper orders weren't met but I least I got a good position. Usually I don't do "BUY 20 @ $155.00", "BUY 20 @ $150.00" but "BUY $2000 @ $155.00", "BUY $2000 @ 150.00". This means I get more coins at cheaper prices, thus obtaining a better average price. |
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papaminer
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October 27, 2013, 05:01:10 PM |
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0.00000000000000000000000000000000000001
chance!
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฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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October 27, 2013, 05:03:51 PM |
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Why do people want to try and call at a bottom? Kinda sucks if you have a BUY 100 BTC @ $150.00 and the lowest tick before heading skyward is $151.23.
If you want a position just use multiple price points.
BUY 20 @ $170.00
BUY 20 @ $165.00
BUY 20 @ $160.00
BUY 20 @ $155.00
BUY 20 @ $150.00
Greed is why. Everyone wants to make the maximum theoretical $$, and precisely catch the low without being off by a penny. lol |
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BitPappa
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October 27, 2013, 05:51:24 PM |
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Why do people want to try and call at a bottom? Kinda sucks if you have a BUY 100 BTC @ $150.00 and the lowest tick before heading skyward is $151.23.
If you want a position just use multiple price points.
BUY 20 @ $170.00
BUY 20 @ $165.00
BUY 20 @ $160.00
BUY 20 @ $155.00
BUY 20 @ $150.00
I would hope and expect that everyone has limit orders something like this (I tend to make the BTC amount greater at lower prices). |
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