Edward50 (OP)
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December 17, 2013, 03:42:42 AM |
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Who is buying? Even in the bear forum the accepted low was $600's for the bottom.
We are there! Who is buying?
Who thought $600's was the low but is now rethinking that we will go lower than $600?
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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Reece523
Member
Offline
Activity: 84
Merit: 10
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December 17, 2013, 03:44:46 AM |
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I'm not buying yet. Maybe I won't end up getting the lowest low but it's still a long ways from the prices last week... I think I can afford to wait a day or two and see what happens. I'll buy if it drops to 450.
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ruggedman_dan
Legendary
Offline
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
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December 17, 2013, 03:47:28 AM |
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I will buy at $200 and no higher.
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BeatMyBit
Newbie
Offline
Activity: 13
Merit: 0
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December 17, 2013, 03:50:37 AM |
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I will buy at $200 and no higher.
As soon as we hit sub-600 I'm buying more coin. Or if I get bored before then
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dopamine
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December 17, 2013, 03:51:32 AM |
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IM a buyer technical indicator is saying buy on a double bottom, I will sell if we reach that point again. Low risk
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Bitcoinica still has not given me 50% of my claim of 600 BTC INTERSANGO can go down with bitcoinica for abandoning customers Alberto Armandi is a SCAMMER
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spiderbrain
Legendary
Offline
Activity: 889
Merit: 1013
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December 17, 2013, 03:52:48 AM |
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I have started buying a little bit as a hedge, but not starting properly until <$400
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MatTheCat
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December 17, 2013, 04:30:57 AM |
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I think I am going to bite the bullet and go to bed with 10 BTC orders at $550 and another 10 BTC order at $500.
...but I am less than happy about being asleep for the next 6-7 hours with these bids lined up and Bitcoin doing what it is doing...fk, I may even get my next buy order filled by late 2moro morning when I get out my bed....
.....that would be a 25 BTC @ $350.
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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December 17, 2013, 06:53:40 AM |
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I almost feel bad for the people who sold me their cheap coins at less than $700.
I guess I should have advised them that selling at such a low price was a bad move but instead I took advantage of them and took their bitcoins away from them.
Was I wrong? Let me know if you were one of the ones who sold under $700 and maybe I can help you through your poor decision making.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Salivan
Full Member
Offline
Activity: 195
Merit: 102
DiMS dev team
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December 17, 2013, 12:09:28 PM |
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recently buying within range 700 - 1000 no fiat left on mt.gox
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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December 17, 2013, 12:17:45 PM |
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Who is buying? Even in the bear forum the accepted low was $600's for the bottom.
We are there! Who is buying?
Who thought $600's was the low but is now rethinking that we will go lower than $600?
I'm buying. My lowest bids haven't been hit yet though, but I hope they will. Come on guys panic some more!
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Bitcoin = Gold on steroids
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T.Stuart
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December 17, 2013, 12:49:41 PM |
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I will buy at $200 and no higher.
Same for me. It is written that you shall never, ever, ever buy another Bitcoin so long as you both shall live. Honestly.
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KeyserSozeMC
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December 17, 2013, 12:50:39 PM |
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If my calculations are correct, we will see 520-550 today
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Hey, smexy. Don't waste your time. Time's precious.
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pbody
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December 17, 2013, 06:06:14 PM |
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I'm going to start buying at 500. At 250, I'm 150% in.
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mogrith
Legendary
Offline
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
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December 17, 2013, 06:15:24 PM |
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I'm not a big buyer. Hundreds of USD is a large buy for me.
Bought .225BTC at 680 Will buy more if it drops under 400.
I also Buy $50 weekly at spot price.
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reactive4ce
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December 17, 2013, 06:17:12 PM |
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I already started buying, more if the price go down more
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BitchicksHusband
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December 17, 2013, 06:21:46 PM |
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I bought one at $680 on Coinbase.
Look, we're back over $700 already. Woot!
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 17, 2013, 06:22:11 PM |
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I'm not a big buyer. Hundreds of USD is a large buy for me.
Bought .225BTC at 680 Will buy more if it drops under 400.
I also Buy $50 weekly at spot price.
Do you honestly think its going to go below 400?
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utopianfuture
Sr. Member
Offline
Activity: 602
Merit: 268
Internet of Value
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December 17, 2013, 06:23:53 PM |
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Market takes times to resolve itself. I am not going to buy until Christmas whatever the price will be.
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T.Stuart
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December 17, 2013, 08:30:56 PM |
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I'm not a big buyer. Hundreds of USD is a large buy for me.
Bought .225BTC at 680 Will buy more if it drops under 400.
I also Buy $50 weekly at spot price.
Do you honestly think its going to go below 400? Do you honestly think its going up from here? Yeah, in a few weeks time. And in my humble opinion most people think that. That's why there is a general hold going on.
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humanitee
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December 17, 2013, 08:41:01 PM |
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I bought a few days ago at these prices.
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T.Stuart
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December 17, 2013, 08:45:26 PM |
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I'm not a big buyer. Hundreds of USD is a large buy for me.
Bought .225BTC at 680 Will buy more if it drops under 400.
I also Buy $50 weekly at spot price.
Do you honestly think its going to go below 400? Do you honestly think its going up from here? Yeah, in a few weeks time. And in my humble opinion most people think that. That's why there is a general hold going on. I agree that most people think that. But that doesn't mean it's right. But it does look like there's a better chance than ever before of it being right. Countries are pronouncing their verdicts now and they will continue to do so in January. And when you think about it, so far so good really. Tech start-ups are jostling to be the first to provide a foolproof wallet your grand-dad could use. Things have changed gears and with the whiff of mainstream adoption big companies want to be the first in. And they will race each-other to do it. That's why the next few months actually look the rosiest by far when compared to the tail end of all the previous bubbles. Things actually looked bad then while they look good now, which is why this bubble tail-end is going to stabilize high.
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mogrith
Legendary
Offline
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
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December 17, 2013, 11:13:50 PM |
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No i don't think it will go below 400. Don't really think it will go under 600. But if it goes under 400 I'm willing to risk small amount I have to buy more.
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Edward50 (OP)
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December 17, 2013, 11:34:32 PM |
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No i don't think it will go below 400. Don't really think it will go under 600. But if it goes under 400 I'm willing to risk small amount I have to buy more.
Why wouldn't it go under $400? The reason it skyrocketed was because of china and speculators here priced in that it would boom because of china so they figured spending up to $1200 a bitcoin was worth the risk for even higher returns. Now that china is out, why shouldn't we go back to more ordinary levels that we had before? What reasons now would the price be $750 or even $400 when it was only $100 before all this china hype. People are not stupid, and especially the people who don't own bitcoins and are thinking about getting back in. They will simply not spend $700 for a single digital coin. Should the recent price drop from $1200 high all the way to $700 be enough for you to see that maybe these digital coins are not worth that much?
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 17, 2013, 11:35:45 PM |
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I'm not a big buyer. Hundreds of USD is a large buy for me.
Bought .225BTC at 680 Will buy more if it drops under 400.
I also Buy $50 weekly at spot price.
Do you honestly think its going to go below 400? Do you honestly think its going up from here? If we do go down the lowest i think we will hit is 600
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I_bitcoin
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December 17, 2013, 11:38:53 PM |
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I continue to buy on a daily basis.
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No matter where you go, there you are.
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elebit
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December 17, 2013, 11:48:10 PM |
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Don't really think it will go under 600.
Stamp was under 600 for a short while during the crash from 900. We just haven't revisited that low yet.
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randrace
Sr. Member
Offline
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
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December 18, 2013, 12:30:40 AM |
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I will buy at $200 and no higher.
This is about how I feel. The last time I bought was at $140, and that seemed high at the time.
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Bugpowder
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December 18, 2013, 01:00:18 AM |
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I'm buying.
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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December 18, 2013, 01:04:17 AM |
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I'm not a big buyer. Hundreds of USD is a large buy for me.
Bought .225BTC at 680 Will buy more if it drops under 400.
I also Buy $50 weekly at spot price.
Do you honestly think its going to go below 400? Do you honestly think its going up from here? Yeah, in a few weeks time. And in my humble opinion most people think that. That's why there is a general hold going on. I agree that most people think that. But that doesn't mean it's right. But it does look like there's a better chance than ever before of it being right. Countries are pronouncing their verdicts now and they will continue to do so in January. And when you think about it, so far so good really. Tech start-ups are jostling to be the first to provide a foolproof wallet your grand-dad could use. Things have changed gears and with the whiff of mainstream adoption big companies want to be the first in. And they will race each-other to do it. That's why the next few months actually look the rosiest by far when compared to the tail end of all the previous bubbles. Things actually looked bad then while they look good now, which is why this bubble tail-end is going to stabilize high. John999 doesnt look at fundamentals in that way. He just looks at charts. One has to really dig down into understanding the solutions bitcoin provides and learn why VC is all over bitcoin to know why the fundamentals of this technology are fantastic. People tend to just look at metrics ie how many businesses, volume of payments, etc. They don't get below the surface. And then some people ONLY care about charts, because to them this is just another commodity with no real disruptive characteristics.
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Edward50 (OP)
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December 18, 2013, 01:21:44 AM |
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Its getting weaker and weaker, right now Gox has it hovering around $680 while earlier today it was around $750.
You guys are simply crazying trying to time the bottom. There is simply no interest in bitcoins right now, no reason to have drastic price fluctuations. Just sit back and enjoy the ride down.
For those sitting on bitcoins, where I hate to offend you but you deserve to lose because you had all the time in the world to cash out at high levels. You were being greedy and thinking it would go higher and higher. Nope, not going to happen. Not any time soon. Too much competition is ramping up also, many new opportunities to put your money elsewhere. Better to diversify anyway, then trust in only one digital currency.
Take the opportunity to cash out at still high prices while you can. $680 is crazy high!
Stop trying to time the bottom as if it will hit the bottom and bouce back. It will stabilize at the bottom for a real long time. At least within $20-40 of the bottom. Like I have already said when I told everyone to sell at over $1000, that it will be a slow controlled fall. That is what has been happening for the most part.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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