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Author Topic: Who sold below $550? The $400 bottom is in LOL!!!!  (Read 9539 times)
JimboToronto
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March 03, 2014, 10:30:23 PM
 #21

Last coins I sold were at 165. Bought back in at 97.

Does that count, or is anything before last December considered too ancient to matter?
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March 03, 2014, 10:36:28 PM
 #22

Was waiting for another one of these smoothie threads to appear.
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March 03, 2014, 10:37:14 PM
 #23

TERA is on fire.
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March 27, 2014, 06:02:51 AM
 #24

I don't know why u get such pleasure from others losing money.  I don't think that is a good thing that people who sold at a bad time took a hit lol but hey that is just me carry on.
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March 27, 2014, 08:56:32 AM
 #25

I don't know why u get such pleasure from others losing money.  I don't think that is a good thing that people who sold at a bad time took a hit lol but hey that is just me carry on.

Well, we're back at 550 so don't call it just yet. We never did test 500 properly and spent just a few hours below in that flash crash to 400. I'd expect to see a bit more activity in the low 500s and even  the odd dip lower to make sure (pessimistic but possible) before real confidence is reestablished.
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March 27, 2014, 10:55:12 AM
 #26

Don't forget the market is young. Your charts are subject to random growth spurts as more people learn about Bitcoin.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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March 27, 2014, 01:26:56 PM
 #27

I don't think this is the start of the rally. I think we will be up and down in between $500 and $700 throughout the next month or so. Here's hoping I am wrong, though!
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March 27, 2014, 01:57:22 PM
 #28

It hurts to read this subject now at 532.

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March 27, 2014, 02:35:27 PM
 #29

It hurts to read this subject now at 532.
520 right now ;(
just a rumor can make price drop like this
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March 27, 2014, 02:41:56 PM
 #30

These are just rumours  , don't panic sell.


http://www.coindesk.com/bitcoin-price-drops-new-chinese-bank-rumours/
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March 27, 2014, 02:43:39 PM
 #31

Bitcoin is tanking, might be 300 soon, not a very good time to buy
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March 27, 2014, 03:24:51 PM
 #32

Bitcoin is tanking, might be 300 soon, not a very good time to buy

Look at the posts before you, all this drama may be mostly rumours

In a medium or long term perspective buying at 520$ seem very low, we know some news could bring the price to thousands of dollars in a month

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March 27, 2014, 03:39:44 PM
 #33

Bitcoin is tanking, might be 300 soon, not a very good time to buy

Look at the posts before you, all this drama may be mostly rumours

In a medium or long term perspective buying at 520$ seem very low, we know some news could bring the price to thousands of dollars in a month

What news would that be?  There has been more extremely positive news over the last few weeks than ever before, yet we're still in the downtrend. 
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March 27, 2014, 04:02:26 PM
 #34

Bitcoin is tanking, might be 300 soon, not a very good time to buy

Look at the posts before you, all this drama may be mostly rumours

In a medium or long term perspective buying at 520$ seem very low, we know some news could bring the price to thousands of dollars in a month

What news would that be?  There has been more extremely positive news over the last few weeks than ever before, yet we're still in the downtrend. 

Which is a pretty good indicator which part of the market cycle we're still in. But I guess that was your point as well.

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March 27, 2014, 04:42:55 PM
 #35

It hurts to read this subject now at 532.

Why would it hurt? Anyone had a chance to sell at 700$.

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EternalWingsofGod
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March 27, 2014, 04:44:08 PM
 #36

Grin Grin Grin

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Its funny since your prediction will soon come true

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March 27, 2014, 04:45:03 PM
 #37

Looks like we may revisit this bottom again soon.

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March 27, 2014, 05:05:21 PM
 #38

Bitcoin is tanking, might be 300 soon, not a very good time to buy

Look at the posts before you, all this drama may be mostly rumours

In a medium or long term perspective buying at 520$ seem very low, we know some news could bring the price to thousands of dollars in a month

What news would that be?  There has been more extremely positive news over the last few weeks than ever before, yet we're still in the downtrend. 

Which is a pretty good indicator which part of the market cycle we're still in. But I guess that was your point as well.

Bad news from Europe, companies earning in the states or Europe, Janet Yellen increasing QE, Draghi monetizing european debt, banks very shady business exposed and banks on the verge of collapse again would be good news for Bitcoin

Paypal, Amazon, governments accepting Bitcoin

Adoption is going up and time is positive for Bitcoin if there is not a catastrophy or an alt coin that takes it down so I feel we should resume the bull market at some point but I agree we are still in the downtrend atm

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March 28, 2014, 06:53:54 AM
 #39

I don't know why u get such pleasure from others losing money.  I don't think that is a good thing that people who sold at a bad time took a hit lol but hey that is just me carry on.

Well, we're back at 550 so don't call it just yet. We never did test 500 properly and spent just a few hours below in that flash crash to 400. I'd expect to see a bit more activity in the low 500s and even  the odd dip lower to make sure (pessimistic but possible) before real confidence is reestablished.

You'll get no argument from me.  I tend to agree with your "calls" if I may and I can see that happening in the coming days/weeks.  Would be nice to see some folks get back in and regain some lost faith so to speak. 
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March 28, 2014, 08:50:53 AM
 #40

I don't know why u get such pleasure from others losing money.  I don't think that is a good thing that people who sold at a bad time took a hit lol but hey that is just me carry on.

Well, we're back at 550 so don't call it just yet. We never did test 500 properly and spent just a few hours below in that flash crash to 400. I'd expect to see a bit more activity in the low 500s and even  the odd dip lower to make sure (pessimistic but possible) before real confidence is reestablished.

You'll get no argument from me.  I tend to agree with your "calls" if I may and I can see that happening in the coming days/weeks.  Would be nice to see some folks get back in and regain some lost faith so to speak. 

I don't see these "calls" as much more than common sense at best. The last "bottom" was too quick and the bounce too strong. 500 seems about right for various reasons that others are more qualified to talk about.
Even then, I'm not sure it might not be too optimistic. We're back under 500 for the third (?) time, perhaps only briefly but we'll see.
Regardless, I'm a HODLER since I get paid my bitcoins little and often. Though if we dip under 450 then the proportion I've put aside to pay tax will come back into play. Time will tell whether that was smart or dumb...
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