Twister Trojan (OP)
Newbie
Offline
Activity: 12
Merit: 0
|
|
August 04, 2012, 04:34:49 AM |
|
Keep it up guys, I can't mine 'em and sell 'em fast enough. Go Bitcoin!
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
|
August 04, 2012, 04:51:44 AM |
|
Um less than a year ago they were at $12...lol
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
goxed
Legendary
Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
|
|
August 04, 2012, 05:10:26 AM |
|
Um less than a year ago they were at $12...lol
Is August the official Bitcoin bubble month?
|
Revewing Bitcoin / Crypto mining Hardware.
|
|
|
Yuhfhrh
|
|
August 04, 2012, 05:52:30 AM |
|
Um less than a year ago they were at $12...lol
Is August the official Bitcoin bubble month? They were at $12, down from $32 a few months earlier... How could someone with a username "goxed" not know this?! Lol +1
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
|
August 04, 2012, 06:38:05 AM |
|
Um less than a year ago they were at $12...lol
Is August the official Bitcoin bubble month? They were at $12, down from $32 a few months earlier... How could someone with a username "goxed" not know this?! Lol +1 +1 Goxed obviously wasn't around then...
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
Vandroiy
Legendary
Offline
Activity: 1036
Merit: 1002
|
|
August 05, 2012, 11:18:23 AM |
|
He has a point, even though it's technically "only" the best time since 11 months.
Selling high is not a bad tactic. Current price is 100% higher than 2-3 months ago, one can hardly call it "wrong" to take such an enormous profit.
I also sold a few in the last days, which I had picked up between 6 and 4. It was a methodical decision: the rise in BTC value was so fast, risk management started to look unbalanced. Also, we have seen bad liquidity in asks multiple times, causing a more jumpy price, and an abundance of trend-following posts. These might be indicators for decreasing stability.
|
|
|
|
goxed
Legendary
Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
|
|
August 05, 2012, 11:41:35 AM |
|
This may be a consolidation phase, before the next leg begins.
|
Revewing Bitcoin / Crypto mining Hardware.
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
|
August 07, 2012, 12:56:40 AM |
|
This may be a consolidation phase, before the next leg begins.
Or perhaps your first lesson in to what "goxed" really means?
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
fcmatt
Legendary
Offline
Activity: 2072
Merit: 1001
|
|
August 07, 2012, 01:49:48 AM |
|
As a miner for more then a year i only pooled up my btc when prices were lower then 4-5. Anytime the price is higher then 5 i let some go. As the price recently climbed i unloaded more and more and now i am the point i sell daily. Good times again. 300+ dollars a month easy.
Bitcoin bubble part deux for the win
|
|
|
|
CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
|
|
August 07, 2012, 11:09:34 AM |
|
As a miner for more then a year i only pooled up my btc when prices were lower then 4-5. Anytime the price is higher then 5 i let some go. As the price recently climbed i unloaded more and more and now i am the point i sell daily. Good times again. 300+ dollars a month easy.
Bitcoin bubble part deux for the win
will you still feel so good about coins you sold for $5 if the price reaches $100 in the next few weeks ?
|
|
|
|
fcmatt
Legendary
Offline
Activity: 2072
Merit: 1001
|
|
August 07, 2012, 02:03:54 PM |
|
As a miner for more then a year i only pooled up my btc when prices were lower then 4-5. Anytime the price is higher then 5 i let some go. As the price recently climbed i unloaded more and more and now i am the point i sell daily. Good times again. 300+ dollars a month easy.
Bitcoin bubble part deux for the win
will you still feel so good about coins you sold for $5 if the price reaches $100 in the next few weeks ? C'est la vie...
|
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
|
August 07, 2012, 03:46:34 PM |
|
Sell for what? Something spat out of a printing press and called 'real money' because its backed by a broken system? This is the first time I've bothered saving in my life, I'll convert some to that other crap when needs be but the bulk is staying in for the long haul.
That's where I'm at. I don't want real money. I spend bitcoin, not cash out.
|
|
|
|
CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
|
|
August 07, 2012, 03:52:39 PM |
|
Sell for what? Something spat out of a printing press and called 'real money' because its backed by a broken system? This is the first time I've bothered saving in my life, I'll convert some to that other crap when needs be but the bulk is staying in for the long haul.
That's where I'm at. I don't want real money. I spend bitcoin, not cash out. spend it on what ? can you live by spending bitcoins somewhere yet ? 99% of the retailers in my country wouldnt even know what a bitcoin is never mind accept it for a purchase
|
|
|
|
BitcoinOPX
Member
Offline
Activity: 112
Merit: 10
|
|
August 07, 2012, 05:46:31 PM |
|
Bitcoin bubble part deux for the win
I don't think this is a bubble as the rise has taken a long time overall. Another thing is the maturity of bitcoin holders. At the last bubble many were saying told you so! SELL SELL SELL. But bitcoiners in it for the long haul said yes, go ahead and sell so we can clear the unbelievers out of the market.
|
|
|
|
TraderTimm
Legendary
Offline
Activity: 2408
Merit: 1121
|
|
August 07, 2012, 06:01:30 PM |
|
I can't wait for it to punch $30, screw around for a month at $35 then go towards $40's. Perhaps then all the bubble idiots will shut their pie-holes. Hell, they don't even know the definition of one - not that we haven't tried to educate them, of course.
|
fortitudinem multis - catenum regit omnia
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
August 07, 2012, 07:30:06 PM |
|
I can't wait for it to punch $30, screw around for a month at $35 then go towards $40's. Perhaps then all the bubble idiots will shut their pie-holes. Hell, they don't even know the definition of one - not that we haven't tried to educate them, of course.
You sound kind of mad! Silly question: Your name suggests you do trading, that is buying and selling with no particular preference on whenever the price goes up or down. Yet you are one of the loudest bulls in this forum currently... somehow this doesn't fit that well together.
|
|
|
|
niko
|
|
August 07, 2012, 10:35:57 PM |
|
I can't wait for it to punch $30, screw around for a month at $35 then go towards $40's. Perhaps then all the bubble idiots will shut their pie-holes. Hell, they don't even know the definition of one - not that we haven't tried to educate them, of course.
I am not a trader. Here is my uneducated attempt: a bubble is the increase in price of an asset caused mainly by the demand due to expected continuing increase in price. Good enough? From what I see, these things only make sense in retrospect, or with the help of insider information. You are brave to make predictions, although that's easy without providing a time frame. As far as I am concerned, yes, this is a good time to sell because I bought them and mined them cheaper. If the price next week shoots up or drops down, I won't play captain hindsight with "should've" or "told you so" - my decission to sell was good, and based on what I knew for sure.
|
They're there, in their room. Your mining rig is on fire, yet you're very calm.
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
|
August 07, 2012, 10:39:24 PM |
|
I can't wait for it to punch $30, screw around for a month at $35 then go towards $40's. Perhaps then all the bubble idiots will shut their pie-holes. Hell, they don't even know the definition of one - not that we haven't tried to educate them, of course.
I am not a trader. Here is my uneducated attempt: a bubble is the increase in price of an asset caused mainly by the demand due to expected continuing increase in price. Good enough? From what I see, these things only make sense in retrospect, or with the help of insider information. You are brave to make predictions, although that's easy without providing a time frame. As far as I am concerned, yes, this is a good time to sell because I bought them and mined them cheaper. If the price next week shoots up or drops down, I won't play captain hindsight with "should've" or "told you so" - my decission to sell was good, and based on what I knew for sure. This I can agree with.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
August 08, 2012, 01:27:48 AM |
|
Best Time To Sell In Over A Year ya thats true but, why dose it feel like its the worst time to sell?
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
|
August 08, 2012, 02:25:18 AM |
|
Best Time To Sell In Over A Year ya thats true but, why dose it feel like its the worst time to sell? Well long-term I believe the trend is up. I think we are due for a correction. Given $10-$12 was previous resistance 1 year ago. That has come credence in market direction at least in the short-term (4 weeks or so).
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
|