pand70
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December 17, 2013, 04:47:14 AM |
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So did you guys sell this time? I think you should wait a little more before start yelling "i told you so".
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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JayB (OP)
Newbie
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Activity: 42
Merit: 0
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December 17, 2013, 04:48:23 AM |
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So did you guys sell this time? I think you should wait a little more before start yelling "i told you so". Why wait? I don't get it....
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Automatic
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December 17, 2013, 04:50:10 AM |
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Because I simply don't care enough. I bought into BTC when they were $13 each because they were a cool concept, not because I wanted to make money. I still stick to my guns now.
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Please ask for a signed message from my on-site Bitcoin address (Check my profile) before doing any offsite trades with me.
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JayB (OP)
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Activity: 42
Merit: 0
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December 17, 2013, 04:52:59 AM |
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Because I simply don't care enough. I bought into BTC when they were $13 each because they were a cool concept, not because I wanted to make money. I still stick to my guns now.
It's not money you'd be making...it's Bitcoins And coincidentally it just happens that Bitcoins are treated like money....
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cAPSLOCK
Legendary
Offline
Activity: 3738
Merit: 5127
Whimsical Pants
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December 17, 2013, 05:06:10 AM |
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So did you guys sell this time? I sold half my stake after BTC broke through resistance @ 835 or so. Now I have the problem of finding the right point to reenter. You're going to get shit (and you should) for starting back again after a big drop. If you had come in to ask if we planned to sell sometime before noon EST then it would be different. Just to show my money is where my mouth is... here is ONE of my swept cold wallets shipped to Gox this AM at 11am my time. I sold at $830. http://blockchain.info/tx/755d5849b5ff50174372378e71e96b941f7f2fb94147e4dfb7bc4c43df912065That one was worth 13kUSD. Now... you gonna start trading and predicting the market? Or are you going to just keep asking after big moves? PS... feel free to send donations to my Gox wallet. 1NsYQkL4ph4L7GbysvUp6Zd9e8a9m22jVT
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JayB (OP)
Newbie
Offline
Activity: 42
Merit: 0
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December 17, 2013, 05:11:53 AM |
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So did you guys sell this time? I sold half my stake after BTC broke through resistance @ 835 or so. Now I have the problem of finding the right point to reenter. You're going to get shit (and you should) for starting back again after a big drop. If you had come in to ask if we planned to sell sometime before noon EST then it would be different. Just to show my money is where my mouth is... here is ONE of my swept cold wallets shipped to Gox this AM at 11am my time. I sold at $830. https://blockchain.info/tx/755d5849b5ff50174372378e71e96b941f7f2fb94147e4dfb7bc4c43df912065That one was worth 13kUSD. Now... you gonna start trading and predicting the market? Or are you going to just keep asking after big moves? PS... feel free to send donations to my Gox wallet. 1NsYQkL4ph4L7GbysvUp6Zd9e8a9m22jVT Dude I don't constantly follow Bitcoin news. Actually I just knew about what happened 10 minutes ago, and saw that the price moved in a way that is very similar to the last move and which I would've predicted. I won't buy any Bitcoins anytime soon. But you're welcome to donate from the gains you'd be making by actively trading
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cAPSLOCK
Legendary
Offline
Activity: 3738
Merit: 5127
Whimsical Pants
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December 17, 2013, 05:18:05 AM |
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Dude I don't constantly follow Bitcoin news. Actually I just knew about what happened 10 minutes ago, and saw that the price moved in a way that is very similar to the last move and which I would've predicted. I won't buy any Bitcoins anytime soon. But you're welcome to donate from the gains you'd be making by actively trading My gains are all in USD now. All my other coins will stay in deep deep cold lockup until they are either worthless or my life savings. Now I have to stay glued to charts drawing triangles and waiting for moves so I can know when to start buying back my coins. If my targets work I will be up 25 coins or so by the end. I do not like trading much but the technical stuff is too strong ATM.
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JayB (OP)
Newbie
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Activity: 42
Merit: 0
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December 17, 2013, 05:28:56 AM |
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Dude I don't constantly follow Bitcoin news. Actually I just knew about what happened 10 minutes ago, and saw that the price moved in a way that is very similar to the last move and which I would've predicted. I won't buy any Bitcoins anytime soon. But you're welcome to donate from the gains you'd be making by actively trading My gains are all in USD now. All my other coins will stay in deep deep cold lockup until they are either worthless or my life savings. Now I have to stay glued to charts drawing triangles and waiting for moves so I can know when to start buying back my coins. If my targets work I will be up 25 coins or so by the end. I do not like trading much but the technical stuff is too strong ATM. Well good luck with that. I believe it'll be worth it as long as Bitcoin is this volatile. Maybe some day active trading will cease becoming attractive but I suggest you take advantage of it while it last. I believe "Facts" (as opposed to just analysis) as a result of announcements is the way to make money out of it. Facts are facts...and as long as it's clear whether the facts are negative or positive news, it'll be easy to predict the direction of Bitcoins value as a reaction to those news. And since its too volatile ATM, it should be fairly easy to make decent profits, even if your timing was not 100% accurate (Margin of error is wide in such cases)...
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pand70
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December 17, 2013, 06:45:06 AM |
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So did you guys sell this time? I think you should wait a little more before start yelling "i told you so". Why wait? I don't get it.... Wait for the rumor to confirm at least... And so far it isn't confirmed.
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fluidjax
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December 17, 2013, 08:55:36 AM |
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@JayB, did you trade this dip? Did you get out in time or get trapped?
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sgbett
Legendary
Offline
Activity: 2576
Merit: 1087
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December 17, 2013, 09:22:54 AM |
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@JayB, did you trade this dip? Did you get out in time or get trapped?
"Did you troll this dip?" Might be a better question
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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PenAndPaper
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December 17, 2013, 09:39:04 AM |
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@JayB, did you trade this dip? Did you get out in time or get trapped?
Because the dip is over? For all i know we are still swinging...
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superresistant
Legendary
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Activity: 2128
Merit: 1120
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December 17, 2013, 09:56:44 AM |
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Why would you sit on your Bitcoin ? It is boring.
I re-invest 100% of my Bitcoins.
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JayB (OP)
Newbie
Offline
Activity: 42
Merit: 0
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December 17, 2013, 12:07:51 PM |
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@JayB, did you trade this dip? Did you get out in time or get trapped?
"Did you troll this dip?" Might be a better question Look I'm giving you sincere advice backed by solid arguments. If you don't want to take advantage of it that's your problem. At least let others do
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BitchicksHusband
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December 17, 2013, 03:54:23 PM |
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So did you guys sell this time? Did you buy any bitcoins yet? Still waiting.
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 17, 2013, 04:00:41 PM |
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1, & 3, mostly 3. and on top of that, i was buying some of the coins poeple sold.
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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December 18, 2013, 02:22:49 PM |
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Dude I don't constantly follow Bitcoin news. Actually I just knew about what happened 10 minutes ago, and saw that the price moved in a way that is very similar to the last move and which I would've predicted. I won't buy any Bitcoins anytime soon. But you're welcome to donate from the gains you'd be making by actively trading My gains are all in USD now. All my other coins will stay in deep deep cold lockup until they are either worthless or my life savings. Now I have to stay glued to charts drawing triangles and waiting for moves so I can know when to start buying back my coins. If my targets work I will be up 25 coins or so by the end. I do not like trading much but the technical stuff is too strong ATM. Well good luck with that. I believe it'll be worth it as long as Bitcoin is this volatile. Maybe some day active trading will cease becoming attractive but I suggest you take advantage of it while it last. I believe "Facts" (as opposed to just analysis) as a result of announcements is the way to make money out of it. Facts are facts...and as long as it's clear whether the facts are negative or positive news, it'll be easy to predict the direction of Bitcoins value as a reaction to those news. And since its too volatile ATM, it should be fairly easy to make decent profits, even if your timing was not 100% accurate (Margin of error is wide in such cases)... You just have demonstrated again that you are a clueless troll. If it is so easy to trade based on "facts" why aren't you filthy rich? Both the stock market and Bitcoin are full of "facts". But anybody with half a brain knows that markets are irrational. You, sir, are a pitiful troll looking for attention. Probably butthurt because you didn't buy BTC at single digits. Sorry for that, move on.
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dg2010
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December 18, 2013, 02:30:41 PM |
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I did sell this time, but re bought too early. With all these bulltraps and manipulations its not easy at all to call the correct bottom. When the choice comes to buying back with the small profit or being more greedy and waiting for a bigger drop but risking being left behind - making correct choice is only easy in high sight
Are you day trading or looking for a more medium term profit? Trying to call the bottom is a waste of time, what you need to consider is whether the price will go above your buy in at any point in the short/medium term. That is the only question you need. Calling the bottom is a fluke and will just distract you. I am doing a mix of both, I like to pick up on day trade profits, so far today has been rather good. People simply can't make their minds up. Meanwhile I am also confident that long term BTC will be trading above $1000 within the next 8-12 months, so $500 is still a good price to be buying at.
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JayB (OP)
Newbie
Offline
Activity: 42
Merit: 0
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December 19, 2013, 03:20:54 PM |
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Dude I don't constantly follow Bitcoin news. Actually I just knew about what happened 10 minutes ago, and saw that the price moved in a way that is very similar to the last move and which I would've predicted. I won't buy any Bitcoins anytime soon. But you're welcome to donate from the gains you'd be making by actively trading My gains are all in USD now. All my other coins will stay in deep deep cold lockup until they are either worthless or my life savings. Now I have to stay glued to charts drawing triangles and waiting for moves so I can know when to start buying back my coins. If my targets work I will be up 25 coins or so by the end. I do not like trading much but the technical stuff is too strong ATM. Well good luck with that. I believe it'll be worth it as long as Bitcoin is this volatile. Maybe some day active trading will cease becoming attractive but I suggest you take advantage of it while it last. I believe "Facts" (as opposed to just analysis) as a result of announcements is the way to make money out of it. Facts are facts...and as long as it's clear whether the facts are negative or positive news, it'll be easy to predict the direction of Bitcoins value as a reaction to those news. And since its too volatile ATM, it should be fairly easy to make decent profits, even if your timing was not 100% accurate (Margin of error is wide in such cases)... You just have demonstrated again that you are a clueless troll. If it is so easy to trade based on "facts" why aren't you filthy rich? Both the stock market and Bitcoin are full of "facts". But anybody with half a brain knows that markets are irrational. You, sir, are a pitiful troll looking for attention. Probably butthurt because you didn't buy BTC at single digits. Sorry for that, move on. When will your peanut-sized brain understand that the Bitcoin market does not currently behave in as a complicated way as the stock market? The stock market is a complex system that has much more variables at play than that of Bitcoin, which is governed by fewer variables making it easier (much easier in fact) to predict. So while the value of an S&P 500 company might be subject to 100 different variables (having strong correlation with), Bitcoin might only have 4 or 5 of those variables (just to illustrate my point). That was point number 1. And point number 2 says the following: Facts are different than analysis, in that facts are events that already happened. FACTS are not just speculations, FACTS have a more predictable effect on the movement of things that belongs to its direct (then indirect) ecosystem. Cause-effect, ever heard of it, you dimwit? So for example if a company has 80% of its expenses as oil (FACT) and if oil price went up by 100% in a single day (another FACT) then you'd expect the stock of that company to go down (cause-effect). How hard would it be to predict that? (I'm not sure how hard it would be for your mediocre brain but for anything below an IQ or 30 it's pretty straight forward) I agree Cause-effect might be harder to predict in complex systems but easier in emerging, non-mature, less-complex systems like that of Bitcoin. Now if I ask a person with an IQ above 30 what he thinks will happen to the value of a Bitcoin (given it's current state) if FACTS say that it's been given negative news in a country like China (where it had one of the biggest market share concentration)...then clearly the person above the IQ of 30 will predict that Bitcoin will go down in value. But it seems you still have a long way to go before you reach that level of intelligence. Now do me a favor and read all my previous comments before you come here and start trolling like a stupid maniac because I've already answered concerned similar to the ones you raised and I hate to always repeat myself.
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P_Shep
Legendary
Offline
Activity: 1795
Merit: 1198
This is not OK.
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December 19, 2013, 03:23:43 PM |
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I didn't sell because I'm hodling.
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