Bitcoin Forum
June 21, 2024, 12:23:25 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: $300-350 Range - Have we missed the boat? $352.18 11:03 GMT 11/10  (Read 3417 times)
nuff
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
October 10, 2014, 04:07:40 AM
 #21

not going to back that range i'm afraid. just barely touching 350 maybe but most definitely not 300 anymore. sigh like you i've exhausted all my funds and would like to get some more cheap coins but good times don't last. still, 400 is still fundamentally cheap if you base it on the actual production cost and not the supply and demand market.
fewcoins
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile WWW
October 10, 2014, 04:51:17 AM
 #22

not going to back that range i'm afraid. just barely touching 350 maybe but most definitely not 300 anymore. sigh like you i've exhausted all my funds and would like to get some more cheap coins but good times don't last. still, 400 is still fundamentally cheap if you base it on the actual production cost and not the supply and demand market.

Do your research, miners can still profit at double digits per coin... how is 300 cost of production???  Huh
nuff
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
October 10, 2014, 07:22:57 AM
 #23

not going to back that range i'm afraid. just barely touching 350 maybe but most definitely not 300 anymore. sigh like you i've exhausted all my funds and would like to get some more cheap coins but good times don't last. still, 400 is still fundamentally cheap if you base it on the actual production cost and not the supply and demand market.

Do your research, miners can still profit at double digits per coin... how is 300 cost of production???  Huh

I never said 300 is the cost of production. actual (legitimate and normal)production cost of one single btc is about 520-550. Miners mine at a loss, much less profit, anything below 500, so your out-of-thin-air claim miners can still profit at double digits not only shows your own lack of research but also your stupidity, and I might also add, your trolling.
RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 10, 2014, 11:17:54 AM
 #24

not going to back that range i'm afraid. just barely touching 350 maybe but most definitely not 300 anymore. sigh like you i've exhausted all my funds and would like to get some more cheap coins but good times don't last. still, 400 is still fundamentally cheap if you base it on the actual production cost and not the supply and demand market.

Hey man cheers for posting! Yeah we touched/went slightly below $350 for a few minute yesterday. The market since has been fluctuating in the $365 range (that's still fairly cheap atm)

To my surprise I woke up before and found that my funds arrived, this time it only took 2-3 business days to wire  Shocked   - I have already placed a Limit Order (Normally I tend to buy close to  market rate) but this time decided to shoot a little lower and set an order @ $343.05.

I don't have the luxury of waiting days so will adjust my price up over the next 6Hrs - I think you are right though, and we wont see eg.$330 range short-term now.

Like you say BTC's still "cheap" so happy if I end up paying $380 range but extra sweet if can get $340-350 zone again??    Kiss

RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 10, 2014, 11:24:49 AM
 #25

not going to back that range i'm afraid. just barely touching 350 maybe but most definitely not 300 anymore. sigh like you i've exhausted all my funds and would like to get some more cheap coins but good times don't last. still, 400 is still fundamentally cheap if you base it on the actual production cost and not the supply and demand market.

Do your research, miners can still profit at double digits per coin... how is 300 cost of production???  Huh

Don't know much about mining - I think your are right in saying it can be profitable (in fact, just in my eyes, I think the Alt market is mostly speculators right now) Are you thinking about mining Alts? I wouldn't know which Alt to point my hashing power to, guess I would be switching between different coins every 5-36Hrs.

RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 10, 2014, 11:37:15 AM
 #26

Don't think I got math right on this, but maybe roughly.

Waiting to pick up a Limit Order @$347.06 currently (will keep moving price up)  For that to occur I need ~3500BTC net dump to happen  Tongue    (my exchange tracks BitStamp very closely)

Guessing there's a few other folks here waiting for that too  lol  Roll Eyes
calchuchesta
Member
**
Offline Offline

Activity: 124
Merit: 11


View Profile
October 10, 2014, 04:05:10 PM
 #27

OP: Im sorry to tell you, anyone that didn't buy Bitcoin at double digits (ideally single digit...) missed the boat big big time. We are still able to make profit of course, but far from retiring imo.
RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 10, 2014, 04:16:39 PM
 #28

OP: Im sorry to tell you, anyone that didn't buy Bitcoin at double digits (ideally single digit...) missed the boat big big time. We are still able to make profit of course, but far from retiring imo.

Yeah, safe to say missed that $xx boat lol

Short-term though - You could have bought in yesterday @$349 (1minute window). Seems like we are getting pretty close to it again?

My Limit Order is still set relatively low but happy to buy-in at any time now. Are you also buying today or what you reckon today's low will be/what I should set Limit Order to?



botany
Legendary
*
Offline Offline

Activity: 1582
Merit: 1064


View Profile
October 11, 2014, 11:28:26 AM
 #29

$350 will look like an attractive price some time from now.  Smiley
Don't miss this boat!
RoadTrain
Legendary
*
Offline Offline

Activity: 1386
Merit: 1009


View Profile
October 11, 2014, 11:42:50 AM
 #30

We're likely heading to low 300s, I set some orders at 330.
RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 11, 2014, 01:33:25 PM
Last edit: October 11, 2014, 01:45:45 PM by RockHound
 #31

$350 will look like an attractive price some time from now.  Smiley
Don't miss this boat!

cheers brother, I'm on it - So my Limit Order has been in since all yesterday - I've moved it to $345/BTC - We're so close!!! Most likely gonna pay $350-360

I'm making a nice profit if i buy now, just being greedy if honest  Grin
RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 11, 2014, 01:35:24 PM
Last edit: October 11, 2014, 01:47:57 PM by RockHound
 #32

We're likely heading to low 300s, I set some orders at 330.


Mate - totally see what you are saying (as a lot of folks do too) for that we would need to see a 5000K net dump on BStamp.

But don't want to miss the boat and end up paying $380 range, know what I mean : )

My exchange that I'm using is a little different than BStamp, it does track the price but they aren't as liquid as BStamp just yet. I find that if BStamp stay at a particular price for an Hr then my exchange follows (within 1%)

If think your Limit Orders are reasonable, would say $330-340 range are more likely short-term, if shooting low
RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 11, 2014, 01:54:06 PM
Last edit: October 11, 2014, 02:26:29 PM by RockHound
 #33

While us traders are monitoring/waiting for orders to complete:

Thought I'd post this, might get taken off but the way I see it's gonna be widely available to stream/torrent very soon anyway.

I've just sent the Film Crew a $2 donation, just to support, details here:

http://www.reddit.com/r/Bitcoin/comments/2it0ot/the_rise_and_rise_of_bitcoin_donation_address_is/


link: R&R*BTC  (Use the Novamov option)

http://www.putlocker.tw/watch-the-rise-and-rise-of-bitcoin-online-free-putlocker-2014.html
NotLambchop
Sr. Member
****
Offline Offline

Activity: 378
Merit: 254


View Profile
October 11, 2014, 02:12:47 PM
 #34

Op, you haven't missed the boat.  It's not even a boat.

RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 11, 2014, 02:16:14 PM
 #35

Op, you haven't missed the boat.  It's not even a boat.



You're right!  Cheesy  just slightly off track
fewcoins
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile WWW
October 11, 2014, 04:57:54 PM
 #36

Op, you haven't missed the boat.  It's not even a boat.



You're right!  Cheesy  just slightly off track

Nobody has missed the boat! $351 just pulled into the station!!! New lows everyday, watch out for this slow bleed correction!!!
RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 11, 2014, 06:11:36 PM
Last edit: October 11, 2014, 06:22:50 PM by RockHound
 #37

You could be right but let's face it - still pretty cheap atm!!

Like last week - I suspect a lot of eager buyers wanting cheap BTC  - International wires coming into exchanges credited Monday-Wednesday for most. So expect another mini rally to $400-425 starting to ramp up on Monday - I'm completing my Order before then for sure!!

We seem to be having issues dropping below $350 - hopefully we will do tonight - I'm only asking for around $345, it's so frustrating when we get so close - thinking good thoughts  Smiley
RockHound (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 12, 2014, 12:55:40 AM
Last edit: October 12, 2014, 01:08:01 AM by RockHound
 #38

Heads-ups - the trading engine on Stamp is currently consolidating as a fair order has just been added:

$360.69   3100.00000000   $1,118,139.00

Not sure, but this might take us into the $300-350 zone??

Edit: The order has come up as a BID, therefore I could be wrong and this large order might take us other way ($380 range) Bugger  Grin
Blazin604
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
October 12, 2014, 12:58:05 AM
 #39

I put my order in a few days back at 343 a coin. Dropped 10k and my coins arrive Wednesday.

gog1
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
October 12, 2014, 01:01:07 AM
 #40

I don't think this fall is over.  Usually, you got a huge buy order restoring some confidence.  But we couldn't break 400.  I think the dumpers will reload and do more dumping.
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!