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DrBitcoin (OP)
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August 15, 2014, 01:28:34 PM |
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Yes...the world does not revolve around Dr. Bitcoin, I understand that. But last week I requested a nice crash in the bitcoin price so that I could snatch some more coins at a lower price. I am shooting to own 10 coins by the end of the year.
Low and behold the price dropped from 600 down to 505. I bought .25 at 550, and I have limit buys from 499 all the way down to 299 in increasing quantities.
How low can it go???
It it reaches $399...I have a solid 4 coin buy...and my 10 coin goal in 2014 will be reached.
Iv the long run...Bitcoin will reach $1000 again...but in huge short term I'm getting me some cheap coins.
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No Gods or Kings. Only Bitcoin
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spazzdla
Legendary
 Offline
Activity: 1722
Merit: 1000
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August 15, 2014, 01:36:55 PM |
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Yes...the world does not revolve around Dr. Bitcoin, I understand that. But last week I requested a nice crash in the bitcoin price so that I could snatch some more coins at a lower price. I am shooting to own 10 coins by the end of the year.
Low and behold the price dropped from 600 down to 505. I bought .25 at 550, and I have limit buys from 499 all the way down to 299 in increasing quantities.
How low can it go???
It it reaches $399...I have a solid 4 coin buy...and my 10 coin goal in 2014 will be reached.
Iv the long run...Bitcoin will reach $1000 again...but in huge short term I'm getting me some cheap coins.
If there are enought people thinking like you.. you've created a MASSIVe $500 buy wall.. I would bet more on the $500 range but.. I also wouldn't take advice of some unknown person on the web. |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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August 15, 2014, 01:40:08 PM |
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Can't go no lower chief. Buy now if you want to be sure to get your 10 coins. The potential upside loss is too great to risk getting in a little cheaper.
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Look inside yourself, and you will see that you are the bubble.
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4468
You're never too old to think young.
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August 15, 2014, 01:40:45 PM |
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Yes...the world does not revolve around Dr. Bitcoin, I understand that. But last week I requested a nice crash in the bitcoin price so that I could snatch some more coins at a lower price. I am shooting to own 10 coins by the end of the year.
Low and behold the price dropped from 600 down to 505. I bought .25 at 550, and I have limit buys from 499 all the way down to 299 in increasing quantities.
How low can it go???
It it reaches $399...I have a solid 4 coin buy...and my 10 coin goal in 2014 will be reached.
Iv the long run...Bitcoin will reach $1000 again...but in huge short term I'm getting me some cheap coins.
Why aim so low? If the price fell to zero, you could get them for free and thus own an unlimited number of coins.  |
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DrBitcoin (OP)
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August 15, 2014, 01:44:40 PM |
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Yes...the world does not revolve around Dr. Bitcoin, I understand that. But last week I requested a nice crash in the bitcoin price so that I could snatch some more coins at a lower price. I am shooting to own 10 coins by the end of the year.
Low and behold the price dropped from 600 down to 505. I bought .25 at 550, and I have limit buys from 499 all the way down to 299 in increasing quantities.
How low can it go???
It it reaches $399...I have a solid 4 coin buy...and my 10 coin goal in 2014 will be reached.
Iv the long run...Bitcoin will reach $1000 again...but in huge short term I'm getting me some cheap coins.
Why aim so low? If the price fell to zero, you could get them for free and thus own an unlimited number of coins. Damn. You figured out my secret. Ok, I may as well tell you all now...I have an infinity limit buy order at 0. But now everyone is going to do the same! |
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nope491
Member
Offline
Activity: 62
Merit: 10
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August 15, 2014, 01:50:41 PM |
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Sub 400$ is very unlikely but I thought that sub 500$ was impossible when btc has hit 680$..
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bigtimespaghetti
Legendary
Offline
Activity: 1652
Merit: 1057
bigtimespaghetti.com
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August 15, 2014, 09:39:27 PM |
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potential upside loss
My favourite term of the day! So many intense bulls. Upside is going to take at least until the end of the year Imo |
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exocytosis
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August 15, 2014, 09:56:30 PM |
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Sub 250 is likely by the end of the year.
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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August 15, 2014, 10:01:38 PM |
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potential upside loss
My favourite term of the day! So many intense bulls. Upside is going to take at least until the end of the year Imo All depends what kind of bag you are holding. |
Look inside yourself, and you will see that you are the bubble.
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giveBTCpls
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August 16, 2014, 06:46:13 PM |
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Im not scared at all if we hit 250 territory again. That just means more and more people big on FIAT getting ready to move their money and assets in BTC slowly. Weak hands feeding whales before the real disruption happens.
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dontbugme
Newbie
Offline
Activity: 28
Merit: 0
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August 16, 2014, 06:48:25 PM |
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Healthy crashes also include flash crashes that are extreme. Set your stops and prepare for a bumpy ride.
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counter
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August 16, 2014, 11:38:35 PM |
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Healthy crashes also include flash crashes that are extreme. Set your stops and prepare for a bumpy ride.
Very happy for you mang, now lets see if this dip movment is gonna happen again. Or maybe a slow and steady decline? I'd much rather a slow and steady rise in price from here honestly. |
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galbros
Legendary
Offline
Activity: 1022
Merit: 1000
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August 17, 2014, 12:42:08 AM |
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Nice call! Thanks for buying coins and helping stabilize the price! It looks like the market is ticking back up, I hope you got the coins you wanted, but then it also often drops on the weekend!
Good Luck!
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DrBitcoin (OP)
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August 17, 2014, 11:39:24 AM |
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Nice call! Thanks for buying coins and helping stabilize the price! It looks like the market is ticking back up, I hope you got the coins you wanted, but then it also often drops on the weekend!
Good Luck!
Than I buy more! I wait like a praying mantis...weeks, months...then WAM...snatch up cheaper coins. No panic, no anxiety. |
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dothebeats
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
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August 17, 2014, 11:58:55 AM |
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Good for you Dr. But I wouldn't think that it could go low as $400. Now it's my turn to wish: I wish that from here ($500 range), bitcoin's price will have a steady growth, rather than a steep decline.  Having said that, I wish you a good luck to meet your goal |
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