Are we going to see $500 tonight?

[JimboToronto]

The price is falling quick.... I can't wait till I can buy more at $100.

$100 per whole bitcoin? Lawl.

[Dafar]

Bitcoin is going back to $300 USD again

Lets hope so, I would love to buy coins at $300 a piece!

I hate it when people say that. You want BTC to die so you can buy more, but what's the point? Yea $300 doesn't mean BTC is dead but that's a hell of a crash, it will hurt its reputation as a storage of wealth and keep people away form investing.

[Bit_Happy]

Look at all the fuzzy Bears   
Go against the crowd or you will never learn how to win, BUY BTC now. 

[Dalmar]

I hate it when people say that. You want BTC to die so you can buy more, but what's the point? Yea $300 doesn't mean BTC is dead but that's a hell of a crash, it will hurt its reputation as a storage of wealth and keep people away form investing.

Even at 300, its 1y % gain is still ridiculously high.

[Dafar]

I hate it when people say that. You want BTC to die so you can buy more, but what's the point? Yea $300 doesn't mean BTC is dead but that's a hell of a crash, it will hurt its reputation as a storage of wealth and keep people away form investing.

Even at 300, its 1y % gain is still ridiculously high.

Yeah maybe for you, and all the super early adopters... but too bad that mindset is discouraging most people from getting involved

[MatTheCat]

I hate it when people say that. You want BTC to die so you can buy more, but what's the point? Yea $300 doesn't mean BTC is dead but that's a hell of a crash, it will hurt its reputation as a storage of wealth and keep people away form investing.

Only nutters think that Bitcoin is a store of wealth. To most sane people it is a high risk investment and a means of quickly transferring value around the world and by-passing fiscal restraints on the movement of capital.

[JimboToronto]

Look at all the fuzzy Bears 

http://www.youtube.com/watch?v=uxFIGWm9M6w&feature=kp

"See them gaily gad about.
They love to play and shout,
They never have any care"

 

[mgburks77]

I'll double my position tonight if it goes to 500. Already made the order.

[JimboToronto]

I'll double my position tonight if it goes to 500. Already made the order.

And if it goes to $900?

[SilverandBitcoins]

I thought about taking profit in the $700's, but I think I'm just going to hodl and buy a little more as it is cheap, or gets cheaper.  It's a long term investment for me (I think there may be CRAZY upside to it) and I really don't see good enough reasons to jump ship.  Also, my investments are somewhat diverse, so no matter how much BTC falls it really won't hurt me.

[DPoS]

I thought about taking profit in the $700's, but I think I'm just going to hodl and buy a little more as it is cheap, or gets cheaper.  It's a long term investment for me (I think there may be CRAZY upside to it) and I really don't see good enough reasons to jump ship.  Also, my investments are somewhat diverse, so no matter how much BTC falls it really won't hurt me.

ok.. so you think it is going to $5000..  that's fine..  but do you think it is going to go from $800 to $5000 overnight?

Everyone seems conditioned that that crazy pace from Nov was the norm..   it ain't going to fly like that anymore.  Once enough coins get in circulation (less whales left to dump on price) and price bottoms out a bit, then it will be a slow climb up..  plenty of time to get back in even before $1000

[mgburks77]

I'll double my position tonight if it goes to 500. Already made the order.

And if it goes to $900?

hodl

[hellscabane]

Gotta love the speculation section. And the hope for huge crashes.

Anyhow, I say it's very unlikely that we'll see $500. But hell, you never know. We've already got 3-4 price sinking stories. Maybe a few more and who knows...

[johnyj]

Grid trading strategy: Put several buy order at each $100 step down and sell at each $100 bounce. Did once in December and now will do it again

[notme]

Grid trading strategy: Put several buy order at each $100 step down and sell at each $100 bounce. Did once in December and now will do it again

Easy money in a market like the current one.

[User705]

I'll double my position tonight if it goes to 500. Already made the order.

And if it goes to $900?

hodl

And therein lies the rub.  There seem to be few buyers at upper 00s levels but plenty at mid and lower 00s.  Time will tell if those who scream I will buy at low 00s will actually buy if it gets that low.

[mgburks77]

I'll double my position tonight if it goes to 500. Already made the order.

And if it goes to $900?

hodl

And therein lies the rub.  There seem to be few buyers at upper 00s levels but plenty at mid and lower 00s.  Time will tell if those who scream I will buy at low 00s will actually buy if it gets that low.

Not "screaming" about anything, but if the price goes to $500 I will buy a number of bitcoins equal to what I now possess. I'm not shorting I'm buying for the long haul.

I'm bullish so I'm hodl and buy when the price is right all the way. I want to get my hands on as many btc as I can. I mess around with some altcoins for my day trading hobby.

[c0ldfusi0nz]

Started buying at 800 myself and will be buying until it stops dropping.   

[GigaCoin]

I will be more than happy to buy it even at $700

did u buy ? its at $680 now 

[MatTheCat]

The price is falling quick.... I can't wait till I can buy more at $100.

It isn't falling that quick. At least not in Bitcoin terms. If things playout in a text book fashion Bitcoin will find support at around $720 and the new resistance will be $765. It will take a lot of selling pressure to push Bitcoin below the low $700 range support which doesn't mean that it won't happen, just that failing some kind of 'event', I wouldn't place my money on it happening 'all of a sudden' and certainly not tonight.

Fuck me!

I take all that back.

My spidey senses woke me out of my bed, was dreaming of a great Bitcoin buy-in. Buy in set to sub $500. I am away back to my kip.