DavidZ (OP)
Newbie
 Offline
Activity: 56
Merit: 0
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December 21, 2013, 03:21:45 AM |
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I've cashed out but this is not the end. If one examines the one day chart of btc at http://bitcoinwisdom.com/markets/btce/btcusd one can clearly see that we are in the midst of a steep multi-day down-trend. There are still opportunities for profit for day traders but I will be having a break from that for a while. |
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Dafar
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
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December 21, 2013, 03:26:19 AM |
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Dont be a little pussycat. If ur out dont ever return. Get rich or die tryin
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 21, 2013, 03:33:59 AM |
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I'm all fiat with a small position short
This weekend will be interesting
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jojo69
Legendary
Offline
Activity: 3192
Merit: 4373
diamond-handed zealot
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December 21, 2013, 03:36:17 AM |
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WHOA!!
guy with 19 posts, been here 6 weeks is bailing
STOP THE PRESSES!!!
SELL! SELL! SELL!
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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DavidZ (OP)
Newbie
Offline
Activity: 56
Merit: 0
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December 21, 2013, 03:36:37 AM |
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Dont be a little pussycat. If ur out dont ever return. Get rich or die tryin
Idiotic, emotive argument. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 21, 2013, 03:36:42 AM |
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DavidZ (OP)
Newbie
Offline
Activity: 56
Merit: 0
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December 21, 2013, 03:39:20 AM |
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WHOA!!
guy with 19 posts, been here 6 weeks is bailing
STOP THE PRESSES!!!
SELL! SELL! SELL!
So all the way up to the moon from here then?  |
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Okurkabinladin
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December 21, 2013, 03:40:31 AM |
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WHOA!!
guy with 19 posts, been here 6 weeks is bailing
STOP THE PRESSES!!!
SELL! SELL! SELL!
So one´s background in trading is now judged upon amount of time spent on Bitcointalk? You´d make lovable financial advisor. |
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jojo69
Legendary
Offline
Activity: 3192
Merit: 4373
diamond-handed zealot
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December 21, 2013, 03:44:46 AM |
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So one´s background in trading is now judged upon amount of time spent on Bitcointalk? You´d make lovable financial advisor.
not in the least, but those of us who have been around here for a while have been through this umpteen times, there are just more zeroes after the numbers now in percentage terms this "crash" is small potatoes compared to the rollercoaster we have ridden these last few years yawn, wake me up when we break 1K again edit/ and to the OP, far as I'm concerned, this IS the moon, next stop moons of Jupiter, who knows when |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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DavidZ (OP)
Newbie
Offline
Activity: 56
Merit: 0
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December 21, 2013, 03:49:14 AM |
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So one´s background in trading is now judged upon amount of time spent on Bitcointalk? You´d make lovable financial advisor.
not in the least, but those of us who have been around here for a while have been through this umpteen times, there are just more zeroes after the numbers now in percentage terms this "crash" is small potatoes compared to the rollercoaster we have ridden these last few years yawn, wake me up when we break 1K again That could be 2 - 3 months from now and this could bottom sub 100. |
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jojo69
Legendary
Offline
Activity: 3192
Merit: 4373
diamond-handed zealot
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December 21, 2013, 03:52:41 AM |
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That could be 2 - 3 months from now and this could bottom sub 100.
and? ... whoop de do we went from the unbelievably vertigo inducing price of $32... to $3 so $100 would be meh, not that I expect it to go much under $400 really |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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December 21, 2013, 03:52:52 AM |
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So one´s background in trading is now judged upon amount of time spent on Bitcointalk? You´d make lovable financial advisor.
not in the least, but those of us who have been around here for a while have been through this umpteen times, there are just more zeroes after the numbers now in percentage terms this "crash" is small potatoes compared to the rollercoaster we have ridden these last few years yawn, wake me up when we break 1K again That could be 2 - 3 months from now and this could bottom sub 100. I thought you left. Why are you still here? |
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DavidZ (OP)
Newbie
Offline
Activity: 56
Merit: 0
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December 21, 2013, 04:04:23 AM |
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That could be 2 - 3 months from now and this could bottom sub 100.
and? ... whoop de do we went from the unbelievably vertigo inducing price of $32... to $3 so $100 would be meh, not that I expect it to go much under $400 really So if you sold now and bought back in at $400 you would then own %50 more bitcoin than you have now. |
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jojo69
Legendary
Offline
Activity: 3192
Merit: 4373
diamond-handed zealot
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December 21, 2013, 04:07:13 AM |
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That could be 2 - 3 months from now and this could bottom sub 100.
and? ... whoop de do we went from the unbelievably vertigo inducing price of $32... to $3 so $100 would be meh, not that I expect it to go much under $400 really So if you sold now and bought back in at $400 you would then own %50 more bitcoin than you have now. yeah, I have tried that in the past and have less coin to show for it, this market can move against you with a lethal vengeance, trust me now I dabble with maybe 10% just for fun, usually manage to break even but hey, obviously you are a trading prodigy who can beat the market, best of luck to you |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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RHCwebhosting
Newbie
Offline
Activity: 51
Merit: 0
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December 21, 2013, 06:01:45 AM |
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I SODL at $500 Fiat is king until I can buy back at $400  |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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December 21, 2013, 07:12:20 AM |
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I cashed out most of my fiat since this downturn.
I still have about 10% fiat that I need to cash out so I can walk away and come back later.
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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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TERA
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December 21, 2013, 07:13:09 AM |
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I cashed out most of my fiat since this downturn.
I still have about 10% fiat that I need to cash out so I can walk away and come back later.
Why cash out specifically? Are you so bearish you think the exchange system is going to fall apart or start stealing too? |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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December 21, 2013, 07:17:57 AM |
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I cashed out most of my fiat since this downturn.
I still have about 10% fiat that I need to cash out so I can walk away and come back later.
Why cash out specifically? Are you so bearish you think the exchange system is going to fall apart or start stealing too? I prefer to have all of my money safe, so I feel a lot safer when I cash out all of my money into cold storage. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Xiaoxiao
Legendary
Offline
Activity: 1274
Merit: 1000
The Golden Rule Rules
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December 21, 2013, 07:19:44 AM |
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samsam
Newbie
Offline
Activity: 42
Merit: 0
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December 21, 2013, 07:26:08 AM |
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I've cashed out but this is not the end. If one examines the one day chart of btc at http://bitcoinwisdom.com/markets/btce/btcusd one can clearly see that we are in the midst of a steep multi-day down-trend. There are still opportunities for profit for day traders but I will be having a break from that for a while. Cashing out makes a lot of sense right now. |
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