We're WAY too CONFIDENT about the current BTC Price. See picture in topic.

[Paladin69]

The volume is pathetic compared to April.  I don't like it.  When the volume goes nuts, the whales will sell into it.  Until people take the bait, the price will probably continue to rise.

I don't trust BTC China.  Big players within the Government over there are doing a power-grab IMO.  Why else would their central banks not say a peep yet?  Once it sells off and the elite over there get theirs, the horror stories for the average person will justify the need to step in and regulate the exchanges.

[haightst]

The volume is pathetic compared to April.  I don't like it.  When the volume goes nuts, the whales will sell into it.  Until people take the bait, the price will probably continue to rise.

I don't trust BTC China.  Big players within the Government over there are doing a power-grab IMO.  Why else would their central banks not say a peep yet?  Once it sells off and the elite over there get theirs, the horror stories for the average person will justify the need to step in and regulate the exchanges.

coinbase looks like the safest camp to deal with at the moment~jmho! 

[bassclef]

The volume is pathetic compared to April.  I don't like it.  When the volume goes nuts, the whales will sell into it.  Until people take the bait, the price will probably continue to rise.

I don't trust BTC China.  Big players within the Government over there are doing a power-grab IMO.  Why else would their central banks not say a peep yet?  Once it sells off and the elite over there get theirs, the horror stories for the average person will justify the need to step in and regulate the exchanges.

A bit conspiratorial IMO. Possible of course, but probably not. Chinese like bitcoin for likely the same reason everyone else does. Ron Paul once said that freedom is popular. He is right.

The community was many times younger before the April crash. We had one exchange that constantly lagged out and got DDOSed, and the price was constantly at their whim. The market was very wary that a poorly coded TRADING CARD engine was Bitcoin's Achilles heel. Not any more. The free market is quick at correcting these problems.

[Paladin69]

The volume is pathetic compared to April.  I don't like it.  When the volume goes nuts, the whales will sell into it.  Until people take the bait, the price will probably continue to rise.

I don't trust BTC China.  Big players within the Government over there are doing a power-grab IMO.  Why else would their central banks not say a peep yet?  Once it sells off and the elite over there get theirs, the horror stories for the average person will justify the need to step in and regulate the exchanges.

Chinese like bitcoin for likely the same reason everyone else does.

You mean a few wealthy Chinese actors.  The volume is very low.

[windjc]

The volume is pathetic compared to April.  I don't like it.  When the volume goes nuts, the whales will sell into it.  Until people take the bait, the price will probably continue to rise.

I don't trust BTC China.  Big players within the Government over there are doing a power-grab IMO.  Why else would their central banks not say a peep yet?  Once it sells off and the elite over there get theirs, the horror stories for the average person will justify the need to step in and regulate the exchanges.

Chinese like bitcoin for likely the same reason everyone else does.

You mean a few wealthy Chinese actors.  The volume is very low.

You realize that you and I don't know the real volume. Several exchanges do hidden orders, a lot of large sellers go direct to coinbase and secondmarket type brokers. In addition there are a growing # of individual brokers facilitating larger buys.  "Whales" have no need to crash anything. What's the point?

You complain volume is low and then say when it goes high it's bearish.

Lol, you just making a case in your own head. Pure speculation.

[disclaimer201]

Price will crash again. Else how profit? The question is only when.

[JTrain_51]

If it drops Ill just buy a hole bunch of bitcoins and hope it has one of these huge up sprees in prices again

[byronbb]

True. It may be too soon to say, but, I sold today at $360 and it's dropped to about ~$339 soon after.

So you sold on gox? I was wondering who still did that.

No, I'm using gox's chart as a standard. I use Cavirtex.com to trade.

Don't you get crushed by their high fees?

[haightst]

Price will crash again. Else how profit? The question is only when.

not at all this is the wild west here buddy ~> somehow we found out about this early!!!
  
*personally I'm telling my friends and family to buy just 1 bitcoin instead of a lotto ticket !

[The Patient]

Price will crash again. Else how profit? The question is only when.

not at all this is the wild west here buddy ~> somehow we found out about this early!!!
  
*personally I'm telling my friends and family to buy just 1 bitcoin instead of a lotto ticket !

You mean instead of 430 lotto tickets?

[haightst]

Price will crash again. Else how profit? The question is only when.

not at all this is the wild west here buddy ~> somehow we found out about this early!!!
  
*personally I'm telling my friends and family to buy just 1 bitcoin instead of a lotto ticket !

You mean instead of 430 lotto tickets?

/\470 now LOL!!!  

[Rupture]

Isn't it a good thing there is investor confidence and a mostly stable market?

[byronbb]

Isn't it a good thing there is investor confidence and a mostly stable market?

Why think when you have a graph?

[theecoinomist]

True. It may be too soon to say, but, I sold today at $360 and it's dropped to about ~$339 soon after.

@ $440

[vps15]

hi there,

everyone on this thread just sold to early, shame on you. you can bitch and cry all you want, but that's not going to change the fact that btc is still rising.  we are going to hit 500, we are going to go past it and you have all already lost. sure things have slowed down a bit, but lets get real, the last 2 weeks was insanity, $50 a day rises? btc has never seen that before.  so what does it matter that we arent moving up as much? just get a grip, come back to reality.

seriously your best move is just buying back in right now.  either buy at 460, or put in a bid at like 430 in the hope of a large sell off before more rising.

sincerly, voltarepenissuck2015

[haightst]

hi there,

everyone on this thread just sold to early, shame on you. you can bitch and cry all you want, but that's not going to change the fact that btc is still rising.  we are going to hit 500, we are going to go past it and you have all already lost. sure things have slowed down a bit, but lets get real, the last 2 weeks was insanity, $50 a day rises? btc has never seen that before.  so what does it matter that we arent moving up as much? just get a grip, come back to reality.

seriously your best move is just buying back in right now.  either buy at 460, or but in a bid at like 430 in the hope of a large sell off.

sincerly, voltarepenissuck2015

>>ya i've been alerting a bunch of my politically minded peeps and most are just now hearing about our little gem named /\BITCOIN!!!->one girl today said: "..ohhh i thought it was a DRUG"!!  ~LOLLL  

[btcprice]

If it drops Ill just buy a hole bunch of bitcoins and hope it has one of these huge up sprees in prices again

Same here. I've been telling all my bitcoin friends that I hope it goes to $100. I'll still sell at $350 on the way down and make a good profit. Then I'll buy a boat load at the bottom and start all over again. I'm ready to ride this love rollercoaster!

[dairy100]

I tell people that "okay, so you think it will drop? then short it(some exchanges support this)" most people are quiet after that - lol

[vps15]

If it drops Ill just buy a hole bunch of bitcoins and hope it has one of these huge up sprees in prices again

Same here. I've been telling all my bitcoin friends that I hope it goes to $100. I'll still sell at $350 on the way down and make a good profit. Then I'll buy a boat load at the bottom and start all over again. I'm ready to ride this love rollercoaster!

you clearly don't really understand investing or btc that well, but its ok. basically don't expect it to go back to 100, unless the us government shuts it down or something, but then it will be worth $0 (this is incredibly unlikely, and possibly impossible). i'd say the lowest it would go at this point would be perhaps $200, but like come on...

[vps15]

I tell people that "okay, so you think it will drop? then short it(some exchanges support this)" most people are quiet after that - lol

brilliant mate!