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Author Topic: 08/05/2014 Anyone else waiting to buy back in next down turn?  (Read 4656 times)
RockHound (OP)
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May 08, 2014, 03:26:41 PM
Last edit: May 08, 2014, 07:20:31 PM by RockHound
 #1

Just got funded at Bitstamp and ready to go!

Much larger than my usual transactions so I want to get best deal possible.

What price are you guys going for?



Was thinking $402.26 but even lower would be most agreeable  Smiley
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May 08, 2014, 03:31:20 PM
 #2

good luck!

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Dalmar
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May 08, 2014, 03:33:28 PM
 #3

Just got funded at Bitstamp and ready to go!

Much larger than my usual transactions so I want to get best deal possible.

What price are you guys going for?

Was thinking $402.26 but even lower would be most agreeable  Smiley

Once it gets near 402, you will chicken out and remove your bids.


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May 08, 2014, 03:37:27 PM
 #4

In 2 days, it will go down, briefly, to $420 and then go back up to $450.
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May 08, 2014, 03:44:04 PM
 #5

Just got funded at Bitstamp and ready to go!

Much larger than my usual transactions so I want to get best deal possible.

What price are you guys going for?

Was thinking $402.26 but even lower would be most agreeable  Smiley

Once it gets near 402, you will chicken out and remove your bids.

So true   Grin   Been selling BTC on Localbitcoins 8 months now, will keep that trading going @ current market price.

But for this larger acquisition it's different. D'you know what price I've locked-in?? $288.65   Grin  Probably will be cancelling that!
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May 08, 2014, 03:48:25 PM
 #6

In 2 days, it will go down, briefly, to $420 and then go back up to $450.

Nice one James, was thinking along same lines.

Lots of variables that affect the spot price but China's news doesn't seem to be having much impact anymore and don't think we will see large Red candles in light of the 10th May Deadline. Could be wrong, hope we do!

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May 08, 2014, 03:52:11 PM
 #7

Does everybody agree with Mr James $420.00 floor?
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May 08, 2014, 03:54:13 PM
 #8

Agree  Cheesy
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May 08, 2014, 03:54:25 PM
 #9

Does everybody agree with Mr James $420.00 floor?

I've got my dank ready to blaze it.


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May 08, 2014, 03:58:26 PM
 #10

Cheers UT and Krabby!

I'm not good with complex trading, appreciate knowing what price you guys would set?
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May 08, 2014, 04:01:43 PM
Last edit: May 08, 2014, 04:18:10 PM by Dalmar
 #11

Does everybody agree with Mr James $420.00 floor?

Only if the Silk Road-April 11th 2014 crash log trend line in China holds..



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RockHound (OP)
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May 08, 2014, 04:03:17 PM
 #12

Currently, the Largest wall on Bitstamp is @ $400 barrier:


(Price, BTC, Total$)
$400.00   516.85464245   $206,741.86

Will have to be some Real Bad news to break past that?
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May 08, 2014, 04:06:47 PM
 #13

I believe $3xx is history. Aiming at $500 next week.
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May 08, 2014, 04:07:27 PM
 #14

Does everybody agree with Mr James $420.00 floor?

Only if the Silkroad-April 11th 2014 crash log trend line in China holds..



Cheers for Screenshot - have you been trading using EMA's, Log extrapolations?

What price would you lock-in?
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May 08, 2014, 04:11:16 PM
 #15

I believe $3xx is history. Aiming at $500 next week.


Nice one brother!

I love the Bitcoin protocol and want to see it and related applications develop. So it's strange that I'm hoping for something bad to affect it's price   Cheesy

I also think rise to approx. $500 is likely  Undecided

So would you personally go for current market $435-440 ?
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May 08, 2014, 04:12:08 PM
 #16

Cheers for Screenshot - have you been trading using EMA's, Log extrapolations?

What price would you lock-in?

Yes, and many more indicators as well.. Mostly trade on log trend lines during this bear trend.
 
I don't have a particular price in mind right now, just on the look out for more decisive price action.


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May 08, 2014, 04:20:11 PM
 #17

Cheers for Screenshot - have you been trading using EMA's, Log extrapolations?

What price would you lock-in?

Yes, but many more indicators as well.. Mostly trade on log trend lines during this bear trend.

I don't have a particular price in mind right now, just on the look out for more decisive price action.

Wow, you trading analysts amaze me, wish I was that clever!

I do ultimately want to increase sales volumes on Localbitcoins but will try to be patient and watch the action.
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May 08, 2014, 04:27:47 PM
 #18

I believe $3xx is history. Aiming at $500 next week.


Nice one brother!

I love the Bitcoin protocol and want to see it and related applications develop. So it's strange that I'm hoping for something bad to affect it's price   Cheesy

I also think rise to approx. $500 is likely  Undecided

So would you personally go for current market $435-440 ?

I would. But I don't trade. Been more or less all-in since $5 (May 2012). Maybe wait to Saturday to see what happens then.
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May 08, 2014, 04:32:13 PM
 #19

Consensus so far is $420-435.

Logical... But when I look at it again, doesn't seem much different to current price. You guys would lock-in a better deal right?
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May 08, 2014, 04:36:41 PM
 #20

I believe $3xx is history. Aiming at $500 next week.


Nice one brother!

I love the Bitcoin protocol and want to see it and related applications develop. So it's strange that I'm hoping for something bad to affect it's price   Cheesy

I also think rise to approx. $500 is likely  Undecided

So would you personally go for current market $435-440 ?

I would. But I don't trade. Been more or less all-in since $5 (May 2012). Maybe wait to Saturday to see what happens then.

Cheers man, you've been in this game for a while now, I'd be wise to follow your advise - I won't rush this acquisition.

I've currently locked-in/joined the $360 wall, just in case something funky happens
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