We are headed to $50

[mishax1]

I'll bump this thread with a small lesson,

Back in 2013 I was telling my friend to buy some bitcoins (on gox) when the price got to 70$ so he said he'd rather wait for it to go back to 50$, then the price got to 90$ and he still waits.. he finally bought bitcoin when it was 500$, then he lost all of it when we got gox'ed (he didn't listen to me again when I told him to get his bitcoin out..).

[Morecoin Freeman]

At this point $150 is way more likely than $500.
Anyone saying otherwise is crazy.

Given that were at 24 million longs I would agree.  Once those stop losses start to kick in things might get ugly.  I don't think we will reach that point unless we get coins coming from the evolution heist.

I was extremely close: $162 (Bitfinex) on August 18th.

[Amph]

I'll bump this thread with a small lesson,

Back in 2013 I was telling my friend to buy some bitcoins (on gox) when the price got to 70$ so he said he'd rather wait for it to go back to 50$, then the price got to 90$ and he still waits.. he finally bought bitcoin when it was 500$, then he lost all of it when we got gox'ed (he didn't listen to me again when I told him to get his bitcoin out..).

so we are seeing that the story will repeat itself but with big number this time?

everyone seems to wait for a clear signal of a skyrocketing, before entering serious on the market, but when it will happen for real, when there will be the real bubble, it will be too late as usual...

[Cereberus]

I'll bump this thread with a small lesson,

Back in 2013 I was telling my friend to buy some bitcoins (on gox) when the price got to 70$ so he said he'd rather wait for it to go back to 50$, then the price got to 90$ and he still waits.. he finally bought bitcoin when it was 500$, then he lost all of it when we got gox'ed (he didn't listen to me again when I told him to get his bitcoin out..).

so we are seeing that the story will repeat itself but with big number this time?

everyone seems to wait for a clear signal of a skyrocketing, before entering serious on the market, but when it will happen for real, when there will be the real bubble, it will be too late as usual...

I know what you mean. I am kicking myself not buying at $237 last month. I keep telling myself I could of made $40 profit off each coin if I held and sold at today's prices.

[dothebeats]

I'll bump this thread with a small lesson,

Back in 2013 I was telling my friend to buy some bitcoins (on gox) when the price got to 70$ so he said he'd rather wait for it to go back to 50$, then the price got to 90$ and he still waits.. he finally bought bitcoin when it was 500$, then he lost all of it when we got gox'ed (he didn't listen to me again when I told him to get his bitcoin out..).

so we are seeing that the story will repeat itself but with big number this time?

everyone seems to wait for a clear signal of a skyrocketing, before entering serious on the market, but when it will happen for real, when there will be the real bubble, it will be too late as usual...

I know what you mean. I am kicking myself not buying at $237 last month. I keep telling myself I could of made $40 profit off each coin if I held and sold at today's prices.

I was lucky to pick up coins at <= 200. If there is one thing I learned in trading aside from not following my emotions, it would be going against the general sentiment of the market. I'm enjoying a $70+  profit for each coin now.

[prodigy8]

I think that for this year there is no way to reach $50.
Likely i am optimistic that the price will reach soon to the $300.
If you missed a '0' then i think that that would be reached in few months or after the halving period.

[sana9821]

i highly doubt that the price will drop that much as it is clearly going up right now everyone should sell their bitcoins in order for it to reach such low price

[tspacepilot]

All I can say now is that it definitely seems like we're actually headed the other way.  Bitcoin has gone up to over 350$ in just the last week or so.  Anyway, my preference would be for stability over price-gains anyway.  I kinda liked the long-stint at 250$.  I hope we can maintain 350$ for a while, I hate the roller-coaster.

[traderbit]

i highly doubt that the price will drop that much as it is clearly going up right now everyone should sell their bitcoins in order for it to reach such low price

If the price will really drop that would be around -300 USD.
So i think that is not going to happen at least in the near future.
Besides the high pumps i would be happy to see a stable price of $350

[notme]

I'll bump this thread with a small lesson,

Back in 2013 I was telling my friend to buy some bitcoins (on gox) when the price got to 70$ so he said he'd rather wait for it to go back to 50$, then the price got to 90$ and he still waits.. he finally bought bitcoin when it was 500$, then he lost all of it when we got gox'ed (he didn't listen to me again when I told him to get his bitcoin out..).

so we are seeing that the story will repeat itself but with big number this time?

everyone seems to wait for a clear signal of a skyrocketing, before entering serious on the market, but when it will happen for real, when there will be the real bubble, it will be too late as usual...

I know what you mean. I am kicking myself not buying at $237 last month. I keep telling myself I could of made $40 profit off each coin if I held and sold at today's prices.

If you had bought, would you be able to push the sell button today?

[Hyena]

Good job, Kwanduck Junior (OP), did you sell your BTC at 150$ (the bottom)?