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Author Topic: how long did it take to go from $10 to $30 last time?  (Read 2525 times)
paulie_w (OP)
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August 02, 2012, 10:20:00 PM
 #1

does anyone remember?
"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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alexanderanon
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August 02, 2012, 10:20:57 PM
 #2

http://bitcoincharts.com/charts/mtgoxUSD

here you go, bro
notme
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August 02, 2012, 10:22:21 PM
 #3



less than 2 weeks

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
paulie_w (OP)
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August 02, 2012, 10:24:29 PM
 #4

oh boy.
notme
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August 02, 2012, 10:26:09 PM
 #5

Here's the daily:

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
paulie_w (OP)
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August 02, 2012, 10:29:55 PM
 #6

i wonder if we'll see it rise to $35, and then everyone instinctively sells off, dropping it again.
Serge
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August 02, 2012, 10:32:37 PM
 #7

no, this time we go up to $50  Grin
DeathAndTaxes
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August 02, 2012, 10:33:50 PM
 #8

too late we already hit
i wonder if we'll see it rise to $35, and then everyone instinctively sells off, dropping it again.

That is why my foolproof plan is to sell @ $33.29 (don't tell anyone).
paulie_w (OP)
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August 02, 2012, 10:35:38 PM
 #9

$32.61 here Smiley
Jointops420
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August 02, 2012, 10:35:51 PM
 #10

I hope folks are a bit more educated and wont panic sell like last year. I wish my crystal balls worked. Much better infrastructure all round now and less FUD.
fatigue
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August 02, 2012, 10:36:25 PM
 #11

too late we already hit
i wonder if we'll see it rise to $35, and then everyone instinctively sells off, dropping it again.

That is why my foolproof plan is to sell @ $33.29 (don't tell anyone).

$32.61 here Smiley

*puts in sell @ $32.60*
LuciusDeBeers
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August 02, 2012, 10:37:16 PM
 #12

Selling @ 1,000,000,000,000 USD.
paulie_w (OP)
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August 02, 2012, 10:37:45 PM
 #13

CLEAR THE ROOM FOR THE MAN WITH THE NEW LOGO
FreeMoney
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August 02, 2012, 10:56:44 PM
 #14

Selling @ 1,000,000,000,000 USD.

But only like .01BTC right? What would you do with more paper than that? Bleach it and start a publishing empire?

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
LuciusDeBeers
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August 02, 2012, 10:58:44 PM
 #15

Selling @ 1,000,000,000,000 USD.

But only like .01BTC right? What would you do with more paper than that? Bleach it and start a publishing empire?
You can never have enough toilet paper.
FreeMoney
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August 02, 2012, 11:22:35 PM
 #16

Selling @ 1,000,000,000,000 USD.

But only like .01BTC right? What would you do with more paper than that? Bleach it and start a publishing empire?
You can never have enough toilet paper.

I can't agree.

http://www.youtube.com/watch?v=ekW5_--ipfw

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
Yuhfhrh
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August 02, 2012, 11:28:48 PM
 #17

Selling @ 1,000,000,000,000 USD.

But only like .01BTC right? What would you do with more paper than that? Bleach it and start a publishing empire?
You can never have enough toilet paper.

I can't agree.

http://www.youtube.com/watch?v=ekW5_--ipfw

LOL!  Cheesy
Raize
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August 02, 2012, 11:39:23 PM
 #18

Watch Bitcoin Days Destroyed and time your sells accordingly. Anything else is folly.
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August 02, 2012, 11:47:03 PM
 #19

That was a crazy week. Ohhh the good old day. I managed to sell at 26 and buy a 16 like a boss.

paulie_w (OP)
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August 03, 2012, 12:00:09 AM
 #20

oh my god, the BUYING OPPORTUNITY OF A CRASH!
waltmarkers
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August 03, 2012, 01:32:45 AM
 #21

I hope folks are a bit more educated and wont panic sell like last year. I wish my crystal balls worked. Much better infrastructure all round now and less FUD.

Screw your crystal balls - you need to work on getting everyone some brass ones so no one causes a panic.
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August 03, 2012, 01:47:11 AM
 #22

Watch Bitcoin Days Destroyed and time your sells accordingly. Anything else is folly.

This.
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August 03, 2012, 02:36:20 AM
 #23

does anyone remember?

Just a few days.  The super bubble coincided with a bitcoin article in Wired.com and the first popular media mentions of Silk Road.  My bet is many people took the new media interest as a strong buy signal, but as we saw it lasted only a few days.  At the time of the super bubble there were people claiming they would be surprised if we ended 2011 below $100/btc.  We barely stayed above $2 towards the end of the year. 

Enjoy $10+.  Hope it lasts.  Be prepared to dump everything if the price shows a significant downwards trend.  You don't want to sell in angst at $2 again.
waltmarkers
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August 03, 2012, 04:03:16 AM
 #24

does anyone remember?

Just a few days.  The super bubble coincided with a bitcoin article in Wired.com and the first popular media mentions of Silk Road.  My bet is many people took the new media interest as a strong buy signal, but as we saw it lasted only a few days.  At the time of the super bubble there were people claiming they would be surprised if we ended 2011 below $100/btc.  We barely stayed above $2 towards the end of the year. 

Enjoy $10+.  Hope it lasts.  Be prepared to dump everything if the price shows a significant downwards trend.  You don't want to sell in angst at $2 again.

At $2, I don't sell a BTC and I buy another 10K USD worth.
Hexadecibel
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August 03, 2012, 09:31:26 AM
 #25

day traders sell on down trends.

Long term investors just buy more BTC   Wink
unclescrooge
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August 03, 2012, 03:07:15 PM
 #26

day traders sell on down trends.

Long term investors just buy more BTC   Wink


+1 Smiley

No, it's not like last year.
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