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Author Topic: Bitcoin dropping  (Read 2054 times)
Diver6691
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January 17, 2015, 12:01:59 PM
 #21

As the capitalization is reduced, the chances to be abandoned for something else unfortunately growing .
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BitmoreCoin
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January 17, 2015, 03:19:02 PM
 #22

I mine, save and use bitcoin in the same time.
Daniel91
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January 17, 2015, 03:28:28 PM
 #23

Are you still saving your bitcoins or you selling them?

In my opinion, when price is low, it's perfect time for buying.
When price is up, it's the best time for selling Smiley
If anyone selling now btc in panic, it will loose a lot.

randyshan
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January 17, 2015, 03:43:02 PM
 #24

saving. i really think it is stupid to sell at this low price.
Velkro
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January 17, 2015, 03:57:14 PM
 #25

Holding for them. In 5 to 10 years, either going to be big or completely gone ...
Agree, im thinking exactly the same

dmugetsu
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January 17, 2015, 05:15:57 PM
 #26

Saving

Im in for longterm investment
ronald98
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January 17, 2015, 05:19:19 PM
 #27

Saving

Im in for longterm investment

I'm at trading so I decided to save for longterm investment too.
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January 17, 2015, 05:31:40 PM
 #28

Saving

Im in for longterm investment

Whenever a get-rich-quick scheme fails, rename it "long-term investment."  You'll prob'ly lose more, but won't have to admit it to yourself for years to come.
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January 17, 2015, 10:08:44 PM
 #29

Are you still saving your bitcoins or you selling them?
I was with intent to sell a certain amount I bought this week ($ 180) but, I thought best not. As soon I will keep them.

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January 17, 2015, 11:07:56 PM
 #30

Saving

Im in for longterm investment

Whenever a get-rich-quick scheme fails, rename it "long-term investment."  You'll prob'ly lose more, but won't have to admit it to yourself for years to come.

Well, it _is_ a way to turn a certain loss into a possible gain.  Ask me how I know.

(In reality in my case, I always did consider my long-shot bet on Bitcoin to be fairly long-term, and from day one I had in my mind converted from the time domain into the...well...profit/loss domain I guess on would say.  And I was always comfortable to lose everything I have in Bitcoin in a split second.  Would not be exactly overjoyed to do so, of course, but it would't be the end of the world either.)


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January 17, 2015, 11:42:05 PM
 #31

I use bitcoin in my business and everyday's life and I see that its adoption is being continuously progressed. Back in to 2012/13 I couldn't even imagine that Dell and Microsoft start accepting it or that I can easily book hotel or buy airtickets.
Now just leave those shorting BTC kids alone till they get squeezed. They are mostly the same get-rich-quick greedy dumbs like those who were buying at the top of previous bubbles and then exited in panic with huge losses.

BTW, I won't surprise if we touch $150s or even lower levels in near future, but it also won't be a miracle if we reach $5K in coming years. Bitcoin is not dead and it works ever better than before.

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January 18, 2015, 12:16:33 AM
 #32

HODL! Don't worry about the price. Bitcoin is getting more and more attention, it is going to be big. If we buy at this price, we can be early adopters!  Grin

samatin
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January 18, 2015, 12:25:36 AM
 #33

Price went down fast was strange for a while to see it happen, someone must've dropped a lot of their coin on the market.  I wasn't sure what to make of it.
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January 18, 2015, 01:57:45 AM
 #34

Just cashed out 500btc bought at 170 for 200 Smiley
Will buy again around $100 which will be rather sooner than later.

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inca
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January 18, 2015, 01:58:51 AM
 #35

Just cashed out 500btc bought at 170 for 200 Smiley
Will buy again around $100 which will be rather sooner than later.


You no longer exert an influence on the market. One less person to sell.
Chef Ramsay
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January 18, 2015, 04:12:11 AM
 #36

Just cashed out 500btc bought at 170 for 200 Smiley
Will buy again around $100 which will be rather sooner than later.


You no longer exert an influence on the market. One less person to sell.
Perhaps but one more mega-order to help the bounce if it were to go so low. Most of the realistic bears I've seen are ready to buy in big at $130 if the price should entertain such a target. If it were to go so low, you and everyone else will have the ability to grab extra cheap coins and lock in a bottom and send the market in another direction big time and put a nail in the bear coffin once and for all this time around. Smiley
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January 18, 2015, 04:14:37 AM
 #37

Just cashed out 500btc bought at 170 for 200 Smiley
Will buy again around $100 which will be rather sooner than later.

Congrats on your execution of that move. I'm sure many are very envious of that kind of profiting, I know I am. Not gonna hate tho.
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January 18, 2015, 05:02:10 AM
 #38

I just did some more analysis of the market and chart indicators. We may slowly be working on a trend reversal it seems. If that's the case we should see strong support during the entire next week.
This is thinking of a natural market, not a heavily manipulated market with hundreds of thousands btc ready to be dumped at an instant.
So it really depends on what the manipulators and hackers will do next, i assume they are just involved in bitcoin for the fiat so my expectation is quite skeptical even though i can see indicators of trend reversal.

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Edward50
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January 18, 2015, 05:08:47 AM
 #39

LOL, charts. If charts had predictive value then everybody would be rich.

Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.

Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
kwukduck
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January 18, 2015, 05:35:53 AM
 #40

LOL, charts. If charts had predictive value then everybody would be rich.

Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.

Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.


Apparently you're clueless about market mechanics, psychology and interpreting chart indicators.
I guess i remember why you were on the ignore list now.

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