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Author Topic: I already sold all my coins... waiting to get back at $200  (Read 4254 times)
ravenjt
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March 20, 2015, 01:31:11 PM
 #41

I agree. The recent history of bitcoin, since summer 2014, is littered with sharp steps down when a critical support level is broken.
And 200-210 looks like such a support level.
Break that, and it's big plunge time.
Of course, it may not break that, and rise from here on. So you should buy now, or wait in the hope of much lower prices than 200.
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techman
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March 20, 2015, 02:25:28 PM
 #42

Just buy all of them under 300$..

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March 20, 2015, 03:32:18 PM
 #43

From long term point of view, selling bitcoins is always wrong, but there could be short term motivation for doing that

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March 20, 2015, 03:51:23 PM
 #44

Well, from the herd mentality in here, I'm guessing he gets the chance to buy at $200 or less
Lets wiat and see  Wink


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March 20, 2015, 06:44:03 PM
 #45

personally i don't think it will decline to 200, the stop is early, but shorting now isn't that bad either

better to  get back at 225-230
abyrnes81
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March 20, 2015, 07:00:44 PM
 #46

I think it will not go under 215 dollars, it is only a pump & dump for the moment and I hope this fluctuations will be lower each day. Now I think I will buy 2-3 bitcoins because I think the price will go up before the end of the month.
Hfertig
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March 21, 2015, 01:21:44 AM
 #47

I would not even pay USD 200 for a bitcoin...
sandy47bt
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March 21, 2015, 05:28:56 AM
 #48

Aren't you prediction is wrong ?
It's impossible bitcoin price get back aqt $200, it's just too low Sad

I think after this bitcoin price will rise up Roll Eyes
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March 22, 2015, 05:41:22 AM
 #49

While some panic selling is going on, some people are also rapidly buying all of it at this price.
OrientA
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March 22, 2015, 08:41:57 AM
 #50

From long term point of view, selling bitcoins is always wrong, but there could be short term motivation for doing that

I do not sell BTC. I just use them.
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March 22, 2015, 09:00:12 AM
 #51

From long term point of view, selling bitcoins is always wrong, but there could be short term motivation for doing that
It depends on what you mean as 'long-term perspective'. Bitcoin has been around for a bit more than 5 years, so all and all that is not long-term what we have seen so far. And one may not be sure that the price will be growing in 10, 20 years or even beyond that. On the other hand, a year in the Bitcoin community is such a long time, and if we look at the charts in the last year, they don't look positive. So I would us the word 'always' more carefully.

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March 22, 2015, 09:55:17 AM
 #52

I would not even pay USD 200 for a bitcoin...

that's the problem, average joe still think that the price is too high, basically only whale and semi-whale are playing with the market now
exocytosis
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March 22, 2015, 11:00:59 AM
 #53

Like most early adopters, he's actually smart and sane enough to see where this is going. The cultists are typically the people that entered Bitcoin in 2013 or later. Most cultists and permabulltards own less than 100 BTC.

But but but you entered bitcoin in 2013. Weren't you calling for prices of 100k in early 2014!?


Yes, I was also a cultist and a permabulltard once. But I managed to get out of the cult.

You'll probably escape the cult too some day.
inca
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March 22, 2015, 01:55:53 PM
 #54

Like most early adopters, he's actually smart and sane enough to see where this is going. The cultists are typically the people that entered Bitcoin in 2013 or later. Most cultists and permabulltards own less than 100 BTC.

But but but you entered bitcoin in 2013. Weren't you calling for prices of 100k in early 2014!?


Yes, I was also a cultist and a permabulltard once. But I managed to get out of the cult.

You'll probably escape the cult too some day.

I don't recall ever being called a cultist for buying stocks and bonds each month, not sure why buying private money is any different. Just because you lost a bundle on Bitcoin doesn't mean the concept or overall outcome won't be successful.
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March 22, 2015, 03:02:02 PM
 #55

I would not even pay USD 200 for a bitcoin...

that's the problem, average joe still think that the price is too high, basically only whale and semi-whale are playing with the market now
If for average cryptocurrency enthusiast price of bitcoin is still "too much" then I wonder how and why everyone here are waiting  for price rise?
If no one want to buy and we have posts like "I sold all my coins because price is not $500 yet, so something is wrong". Maybe it is not the problem with bitcoin economy but with mentality of people?
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March 22, 2015, 04:12:46 PM
 #56

Maybe even lower, depending how fast it reaches 200.

wait long long.. maybe the day you ....... lol
abyrnes81
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March 22, 2015, 07:11:32 PM
 #57

Sell all your coins and wait $ 200 was not a 'good idea', you should hodl like a boss (and before or after the next halving you will be rich Wink). Don't waste your time and try to gain few bucks.
EuroTrash
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March 22, 2015, 07:30:46 PM
 #58

By the way that triangle closed now, it's not looking good for OP.
Only time will tell.

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March 23, 2015, 12:07:08 AM
 #59

Well, most bottoms have a retest eventually and testing 150 would be healthy and the least expected by the sounds of things on this thread.  I suspect we test 150 over the coming weeks.  It would actually be a healthy event for a sustained bull run.
calme
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March 23, 2015, 12:23:13 AM
 #60

Well, most bottoms have a retest eventually and testing 150 would be healthy and the least expected by the sounds of things on this thread.  I suspect we test 150 over the coming weeks.  It would actually be a healthy event for a sustained bull run.
you could always say that with your bull account too

btw, it's typically amusing when someone says they used to do/think x but now do/think y when they are talking to ppl who still do/think x. wouldn't it seem easier and less passive aggressive to just say you're smarter than them about that topic?
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