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Author Topic: Time to buy back in!  (Read 1413 times)
Mousepotato
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August 04, 2011, 09:21:57 PM
 #1

We've been chillin within $.30 of the daily high all day now and it seems like the panic sellers (myself included) have finally calmed down.  Now everybody back into the pool!  All the cool kids are doing it!

Mousepotato
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bitclown
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August 04, 2011, 09:24:57 PM
 #2

There's still way too many asks from people who have no interest in holding bitcoins. I suggest we drag them down to $1 and then kick them in the butt and run up to $50. Grin
GeniuSxBoY
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August 04, 2011, 09:25:51 PM
 #3

The bot guy has to remove his 1000 incrementals first. He has them placed like stairs.
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August 04, 2011, 09:44:51 PM
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So the strategy here is to sell low and buy high. Sounds like a winning plan!
Mousepotato
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August 04, 2011, 09:47:15 PM
 #5

This is pretty low, broseph.

Mousepotato
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August 06, 2011, 10:44:46 PM
 #6

So the strategy here is to sell low and buy high. Sounds like a winning plan!

Sounds like some people have...

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error
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August 07, 2011, 12:51:40 AM
 #7

So the strategy here is to sell low and buy high. Sounds like a winning plan!

Sounds like some people have...

I've been watching people sell low all weekend.

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pennytrader
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August 07, 2011, 01:03:15 AM
 #8

So the strategy here is to sell low and buy high. Sounds like a winning plan!

Sounds like some people have...

I've been watching people sell low all weekend.

Are you the guy who claimed (or was confident) BTC will go back to $14 SOON a couple weeks ago? Save your money and don't catch a falling knife.

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David M
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August 07, 2011, 01:13:43 AM
 #9

It's hit my technical bottom of $6.14.  Trying to move funds into the exchanges ATM. 

YMMV
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August 07, 2011, 01:14:06 AM
 #10

So the strategy here is to sell low and buy high. Sounds like a winning plan!

Sounds like some people have...

I've been watching people sell low all weekend.

Are you the guy who claimed (or was confident) BTC will go back to $14 SOON a couple weeks ago? Save your money and don't catch a falling knife.

Error is the ultimate fanboi.
error
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August 07, 2011, 01:41:26 AM
 #11

So the strategy here is to sell low and buy high. Sounds like a winning plan!

Sounds like some people have...

I've been watching people sell low all weekend.

Are you the guy who claimed (or was confident) BTC will go back to $14 SOON a couple weeks ago? Save your money and don't catch a falling knife.

Error is the ultimate fanboi.

I'm bullish long-term. And since it seems likely that the massive sell-off of the last few days is due in large part to the sale of stolen bitcoins, it also seems likely that in the short term the price will recover, as it always has after a massive sell-off of bitcoins.

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Shinobi
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August 07, 2011, 01:46:36 AM
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I'm bullish long-term. And since it seems likely that the massive sell-off of the last few days is due in large part to the sale of stolen bitcoins, it also seems likely that in the short term the price will recover, as it always has after a massive sell-off of bitcoins.

There's been about 2 months of relevant history.  You look foolish to speak as if there's any meaningful analysis that can be done. "As it always has..." ... You crack me up!

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Jack of Diamonds
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August 07, 2011, 01:58:23 AM
 #13

$6 per coin is too good to pass up. I don't care if it goes to 2-3 bucks or worse short term, I'm holding onto these.
Just spent 10% of my money on Gox & withdrew plenty of BTC to offline wallets.

You are utterly insane if you don't buy up right now. The price is $5.9. Even if you're in it just for short term profits you'll thank yourself.

1f3gHNoBodYw1LLs3ndY0UanYB1tC0lnsBec4USeYoU9AREaCH34PBeGgAR67fx
error
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August 07, 2011, 02:44:30 AM
 #14


I'm bullish long-term. And since it seems likely that the massive sell-off of the last few days is due in large part to the sale of stolen bitcoins, it also seems likely that in the short term the price will recover, as it always has after a massive sell-off of bitcoins.

There's been about 2 months of relevant history.  You look foolish to speak as if there's any meaningful analysis that can be done. "As it always has..." ... You crack me up!

Aren't you the guy who wanted to send out gunmen to run the exchanges the way you want them run? You would crack me up if you weren't so damn dangerous.

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Shinobi
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August 07, 2011, 03:27:32 AM
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No, I'm not! Someone mentioned guns. I was poking fun a libertards. I'm a pacifist actually.

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error
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August 07, 2011, 03:41:33 AM
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No, I'm not! Someone mentioned guns. I was poking fun a libertards. I'm a pacifist actually.

Yes, it was you. I don't know how you call yourself a pacifist with a straight face.

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August 07, 2011, 03:47:33 AM
 #17

"Time to buy back in", the cry went out when bitcoins were at $10.  Now they're over 30% lower, in 3 days.  Time to buy back in?

It's strange that people hang onto the theory of the "bot guy" placing order walls and then taking them away.  Who is this mysterious "bot guy", is he alone and how many bitcoins does he have?  It all sounds a little conspiracy theorist like.  Anyone who has been around the share market for a while knows bids tend to clump around nice even numbers in penny stocks.  There will be more orders at $0.10 then $0.09 for example.  It's not a "bot guy" doing it, it's human nature.  If there really is one "bot guy" out there with enough bitcoins to lower the price of bitcoins, then the whole concept of bitcoins is broken.  One person shouldn't have that much power to set the price for everyone else.

The fact that the bid walls disappear as bitcoin's price approaches them is logical too.  If you saw the price of a share plummet, would you stay at your old bids or lower them in anticipation of an even lower price?  It's pretty logical.


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August 07, 2011, 03:51:17 AM
 #18

"Time to buy back in", the cry went out when bitcoins were at $10.  Now they're over 30% lower, in 3 days.  Time to buy back in?

It's strange that people hang onto the theory of the "bot guy" placing order walls and then taking them away.  Who is this mysterious "bot guy", is he alone and how many bitcoins does he have?  It all sounds a little conspiracy theorist like.  Anyone who has been around the share market for a while knows bids tend to clump around nice even numbers in penny stocks.  There will be more orders at $0.10 then $0.09 for example.  It's not a "bot guy" doing it, it's human nature.  If there really is one "bot guy" out there with enough bitcoins to lower the price of bitcoins, then the whole concept of bitcoins is broken.  One person shouldn't have that much power to set the price for everyone else.

The fact that the bid walls disappear as bitcoin's price approaches them is logical too.  If you saw the price of a share plummet, would you stay at your old bids or lower them in anticipation of an even lower price?  It's pretty logical.


Any millionaire can literally own the entire market tonight... Money talks...

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