rpietila
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Legendary
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Activity: 1722
Merit: 1036
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April 16, 2013, 09:44:33 AM |
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The biggest support from where this rally started was the the ATH of 2011 $32~.
If it breaks this one i will be worried.
What exactly are you going to do when you get worried? Sell all your coins at the bottom? I think the only sane choice with a long term position is to buy until one of the following happens: - The network breaks down beyond repair - Bitcoin hits mainstream. Everything else is a zero-sum game. Ah well, denominated in fiat even speculators can get return  |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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just1nmc
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April 16, 2013, 09:53:23 AM |
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BTC5k coins bought up to $60
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Grouver (BtcBalance)
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April 16, 2013, 09:58:15 AM |
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The biggest support from where this rally started was the the ATH of 2011 $32~.
If it breaks this one i will be worried.
What exactly are you going to do when you get worried? Sell all your coins at the bottom? I think the only sane choice with a long term position is to buy until one of the following happens: - The network breaks down beyond repair - Bitcoin hits mainstream. Everything else is a zero-sum game. Ah well, denominated in fiat even speculators can get return Hold ofcourse. But $32 will be a huge support which means if it gets past that we will see crash #2. |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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April 16, 2013, 10:04:44 AM |
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Some trades like buying of 5k upto 60, are an attempt to invert the trend, but it seems ineffective. Its not looking good!
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How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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deepceleron
Legendary
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Activity: 1512
Merit: 1036
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April 16, 2013, 10:11:36 AM |
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My first published chart since the crash.
I have a chart if you really want to discount the bubble and project where we might be:  |
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ManBearPig
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April 16, 2013, 10:14:39 AM |
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I'm half-in at $58. I will keep this ratio until we either break below $50 or above $70.
This is a nice balance for me as I have both my original amount of coins and my original cash investment.
So barring North Korea chucking a nuke at Mt Gox...
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ManBearPig
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April 16, 2013, 10:15:41 AM |
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My first published chart since the crash.
I have a chart if you really want to discount the bubble and project where we might be: I only think it became a bubble in late March 2013 personally (my opinion). So much has changed since last year. |
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cbeast
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Legendary
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Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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April 16, 2013, 10:17:57 AM |
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Right now mining is at 8.43 blocks per hour. I wonder if ASIC mining and over supplying Bitcoins is affecting the price.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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GreekGeek
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April 16, 2013, 10:20:57 AM |
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Right now mining is at 8.43 blocks per hour. I wonder if ASIC mining and over supplying Bitcoins is affecting the price.
a bit |
retirement fund : 1NBM5DM317RfWsHXKUfPUDtba2scavpPoB
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just1nmc
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April 16, 2013, 10:22:46 AM |
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I don't really see a reason for the price to go back down to $20. Bubble or not, more people have bitcoins now than they did a few months ago. It has brought a ton of media coverage that is still going on. And although the price has gone down, the number of merchants accepting bitcoins continues to increase, more exchanges are opening, and there are many projects being worked on. The number of users on blockchain.info has increased from 75k to 222k since January. So why should we expect to go back to the same price before that happened?  |
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Ivanhoe
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April 16, 2013, 10:30:03 AM |
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Looks like we are going up again... please no.. I'm still waiting in the verification qeue of Mt.Gox....
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just1nmc
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April 16, 2013, 10:30:39 AM |
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Lol gox finally lags on some buys  |
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ManBearPig
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April 16, 2013, 10:31:22 AM |
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Lol gox finally lags on some buys
Yep was about to post it myself: this is good Watching the lag, it's easy to see how it would mount cumulatively on a panic sell OR buy. Bid wall (fake or not) up to 37K at $50  |
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fitty
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April 16, 2013, 10:33:59 AM |
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The golden goose still has a little fight left in her.  |
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keewee
Legendary
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Activity: 1025
Merit: 1000
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April 16, 2013, 10:36:41 AM |
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1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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01BTC10
VIP
Hero Member
Offline
Activity: 756
Merit: 503
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April 16, 2013, 11:32:29 AM |
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This thread is now so quiet. Where is everyone  |
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UKMark
Full Member
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Activity: 144
Merit: 100
Empty vessels make most noise.
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April 16, 2013, 11:36:00 AM |
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I'm on clarkmoody watching lambs getting slaughtered  |
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Zomdifros
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April 16, 2013, 11:38:48 AM |
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This thread is now so quiet. Where is everyone Catching up on some work and sleep after the last couple of weeks. As a permabull I find this transitory bear market quite boring. |
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M4v3R
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April 16, 2013, 11:41:29 AM |
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Another 3k dumped. Man, I can't work in there conditions. When it will stabilize?
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GreekGeek
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April 16, 2013, 11:52:42 AM |
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Another 3k dumped. Man, I can't work in there conditions. When it will stabilize?
@ ~ 20-30 usd/btc just a hunch  |
retirement fund : 1NBM5DM317RfWsHXKUfPUDtba2scavpPoB
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