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Author Topic: 300 is broken, to never see again  (Read 6199 times)
kwukduck (OP)
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January 03, 2015, 01:50:50 PM
 #1

We broke 300 even sooner than expected, this ship is sinking faster than you will imagine.
My experience from long time successful trading is to get out as soon as you can.

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fabula
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January 03, 2015, 01:53:55 PM
 #2

It's over my friends.
A slowly death.
Morecoin Freeman
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January 03, 2015, 01:57:35 PM
 #3

I actually bought just now ($296). Have been anticipating this weekend with a huge amount of USD.

I'm thinking about starting my own advice thread where I publish my buy and sell prices to help inexperienced traders.

I'm on a legendary win streak.

Ask the stranger he knows who you really are.
Silverspoon
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January 03, 2015, 01:58:27 PM
 #4

It's over my friends.
A slowly death.

Amph
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January 03, 2015, 02:00:40 PM
 #5

we are above 300 what your are talking about? that swing a few hours ago count nothing
Xian01
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January 03, 2015, 02:02:14 PM
 #6

Well shit.

Not sure what to make of this drop below $300.
vicemayor
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January 03, 2015, 02:06:49 PM
 #7

I'll start buying some...

... at $230.

 Cheesy
Hunyadi
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January 03, 2015, 02:23:06 PM
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▂▃▅▇█▓▒░B**-Cultist░▒▓█▇▅▃▂
RCHumphrey
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January 03, 2015, 02:30:42 PM
 #9

There is no significance of 300 rather than 400 or any other barrier. There has been support at this level but dropping below doesn't mean a lot in my opinion. After all it's all just speculation with BTC price.
maranello1561
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January 03, 2015, 02:36:52 PM
 #10

And how are my dear bagholders doing this morning? You know y'all noobs who bought this crap at $1000. LOL. Lost money yet or what? I've covered most of my short now and will flip long soon. Thats how the big boys do it.
michaeladair
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January 03, 2015, 02:39:10 PM
 #11

We broke 300 even sooner than expected, this ship is sinking faster than you will imagine.
My experience from long time successful trading is to get out as soon as you can.
Get out of here, you're obviously just farming for activity.

Well this isnt good. Does this signal the end?
Bitcoin won't end ever, people believe in it.

It's over my friends.
A slowly death.
Get off the forum if you think talking like that is good for Bitcoin.

Feri22
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January 03, 2015, 02:42:37 PM
 #12

Well this isnt good. Does this signal the end?

YES  Grin
Hyena
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January 03, 2015, 02:45:15 PM
 #13

You can thank the paycoin groupies that are pushing this 1000s BTC scam that I bet is being dumped into Fiat as we speak.

It's ironic how the guy that represents PayCoin is named Josh, just as it was the case with Butterfly Labs. And guess what, both broke their promises. When I suddenly recognized the weird similarity between GAW and BFL I insta-dumped my speculative paycoins I can afford to lose.

Seeing BTC falling under 300 I insta-dumped a good portion of my hot wallet. However, I'm not holding any fiat, I bought nubits instead. NuBits is an excellent hedge against the collective downtrend of all other cryptos. Thank god I invested heavily into NuShares when they first came out, it has covered all my losses I'm having in BTC, PPC and now XPY. NuBits is like a dream come true.

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NotLambchop
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January 03, 2015, 02:46:16 PM
 #14

There is no significance of 300 rather than 400 or any other barrier. There has been support at this level but dropping below doesn't mean a lot in my opinion. After all it's all just speculation with BTC price.

You're right, just a milestone on the slow grind down.  No more meaningful than the upcoming $200 Undecided
flounderella
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January 03, 2015, 02:47:35 PM
 #15

Abandon ship, abandon ship. Run. Panic!

Just kidding... Honey, empty the kid's college fund, we need to buy some more bitcoins :p

Okay, still kidding. Relax, it'll be fine. In the short-term the price of BTC is whatever the last two schmucks agreed to exchange it for. Given that most addresses with big holdings have very little turnover tells me most long term investors are just sitting tight. Sell some if you need to pay rent but if thats the case, probably shouldnt even be putting your rent money into btc
exocytosis
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January 03, 2015, 02:48:02 PM
 #16

Cheap coins! Weak hands! Bullish! To da Moon! This is gentlemen, and I'm hodling like crazy.

The dollar is collapsing any day now, and the Winklevii will get their ETF approved. Every poor, unbanked peasant in Asia and Africa will start doubling down on cheap coinz -- to help bring down the evil bankster empire. Then it's straight to Mars on a rocket, at the speed of light.

michaeladair
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January 03, 2015, 02:49:23 PM
 #17

Cheap coins! Weak hands! Bullish! To da Moon! This is gentlemen, and I'm hodling like crazy.

The dollar is collapsing any day now, and the Winklevii will get their ETF approved. Every poor, unbanked peasant in Asia and Africa will start doubling down on cheap coinz -- to help bring down the evil bankster empire. Then it's straight to Mars on a rocket, at the speed of light.


I love you.
Together we are strong.

Too bad this doesn't say HODL...

Cassandra_PR
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January 03, 2015, 02:51:15 PM
 #18


Together we are strong.

http://s18.postimg.org/6oos973vd/small.jpg
NotLambchop
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January 03, 2015, 02:52:48 PM
 #19

Relax, it'll be fine.

michaeladair
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January 03, 2015, 02:54:46 PM
 #20

Too bad BTT is not a school so I can't shoot it up and kill you non believers.

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