08/05/2014 Anyone else waiting to buy back in next down turn? - page 4.

MatTheCat

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Quote from: RockHound on May 08, 2014, 10:26:41 AM

Just got funded at Bitstamp and ready to go!

Much larger than my usual transactions so I want to get best deal possible.

What price are you guys going for?

Was thinking $402.26 but even lower would be most agreeable

I would suggest that Bitcoin should find a lot of support around about the $360 level. If this transpires, then it will seem as though Bitcoin has put in a higher low and there could be a surge of interest that could take Bitcoin up quickly higher. How much higher it goes however, would depend on the interest in Bitcoin from outwith the die hard traders who are hovering over the charts looking to hit the projected lows and ride the waves up.

Me personally, I have buy ins between $260 - $300 on Bitstamp. If however I am present and that Bitcoin hits $360 range, depending on how various technical indicators look, I may take a long punt at this price, without necessarily believing that this would be the final low.

Quote from: kireinaha on May 08, 2014, 11:39:38 AM

Everyone is waiting to buy on the next dip, and that's why it's not going to happen.

Yeah yeah yeah.....fkn heard that one before and it cost me a few grand at least.

kireinaha

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Everyone is waiting to buy on the next dip, and that's why it's not going to happen.

RockHound

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Quote from: Kupsi on May 08, 2014, 11:27:47 AM

Quote from: RockHound on May 08, 2014, 11:11:16 AM

Quote from: Kupsi on May 08, 2014, 11:06:47 AM

I believe $3xx is history. Aiming at $500 next week.

Nice one brother!

I love the Bitcoin protocol and want to see it and related applications develop. So it's strange that I'm hoping for something bad to affect it's price Cheesy

I also think rise to approx. $500 is likely Undecided

So would you personally go for current market $435-440 ?

I would. But I don't trade. Been more or less all-in since $5 (May 2012). Maybe wait to Saturday to see what happens then.

Cheers man, you've been in this game for a while now, I'd be wise to follow your advise - I won't rush this acquisition.

I've currently locked-in/joined the $360 wall, just in case something funky happens

RockHound

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Consensus so far is $420-435.

Logical... But when I look at it again, doesn't seem much different to current price. You guys would lock-in a better deal right?

Kupsi

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9.9.2012: I predict that single digits... <- FAIL

Quote from: RockHound on May 08, 2014, 11:11:16 AM

Quote from: Kupsi on May 08, 2014, 11:06:47 AM

I believe $3xx is history. Aiming at $500 next week.

Nice one brother!

I love the Bitcoin protocol and want to see it and related applications develop. So it's strange that I'm hoping for something bad to affect it's price Cheesy

I also think rise to approx. $500 is likely Undecided

So would you personally go for current market $435-440 ?

I would. But I don't trade. Been more or less all-in since $5 (May 2012). Maybe wait to Saturday to see what happens then.

RockHound

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Quote from: Dalmar on May 08, 2014, 11:12:08 AM

Quote from: RockHound on May 08, 2014, 11:07:27 AM

Cheers for Screenshot - have you been trading using EMA's, Log extrapolations?

What price would you lock-in?

Yes, but many more indicators as well.. Mostly trade on log trend lines during this bear trend.

I don't have a particular price in mind right now, just on the look out for more decisive price action.

Wow, you trading analysts amaze me, wish I was that clever!

I do ultimately want to increase sales volumes on Localbitcoins but will try to be patient and watch the action.

Dalmar

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Life is short, practice empathy in your life

Quote from: RockHound on May 08, 2014, 11:07:27 AM

Cheers for Screenshot - have you been trading using EMA's, Log extrapolations?

What price would you lock-in?

Yes, and many more indicators as well.. Mostly trade on log trend lines during this bear trend.

I don't have a particular price in mind right now, just on the look out for more decisive price action.

RockHound

full member

Activity: 224

Merit: 100

Quote from: Kupsi on May 08, 2014, 11:06:47 AM

I believe $3xx is history. Aiming at $500 next week.

Nice one brother!

I love the Bitcoin protocol and want to see it and related applications develop. So it's strange that I'm hoping for something bad to affect it's price Cheesy

I also think rise to approx. $500 is likely Undecided

So would you personally go for current market $435-440 ?

RockHound

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Activity: 224

Merit: 100

Quote from: Dalmar on May 08, 2014, 11:01:43 AM

Quote from: RockHound on May 08, 2014, 10:52:11 AM

Does everybody agree with Mr James $420.00 floor?

Only if the Silkroad-April 11th 2014 crash log trend line in China holds..

Cheers for Screenshot - have you been trading using EMA's, Log extrapolations?

What price would you lock-in?

Kupsi

legendary

Activity: 1193

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9.9.2012: I predict that single digits... <- FAIL

I believe $3xx is history. Aiming at $500 next week.

RockHound

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Merit: 100

Currently, the Largest wall on Bitstamp is @ $400 barrier:

(Price, BTC, Total$)
$400.00 516.85464245 $206,741.86

Will have to be some Real Bad news to break past that?

Dalmar

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Life is short, practice empathy in your life

Quote from: RockHound on May 08, 2014, 10:52:11 AM

Does everybody agree with Mr James $420.00 floor?

Only if the Silk Road-April 11th 2014 crash log trend line in China holds..

RockHound

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Cheers UT and Krabby!

I'm not good with complex trading, appreciate knowing what price you guys would set?

Krabby

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https://primedao.eth.link/#/

Quote from: RockHound on May 08, 2014, 10:52:11 AM

Does everybody agree with Mr James $420.00 floor?

I've got my dank ready to blaze it.

UglyTroll

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Agree

RockHound

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Does everybody agree with Mr James $420.00 floor?

RockHound

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Merit: 100

Quote from: jamesc760 on May 08, 2014, 10:37:27 AM

In 2 days, it will go down, briefly, to $420 and then go back up to $450.

Nice one James, was thinking along same lines.

Lots of variables that affect the spot price but China's news doesn't seem to be having much impact anymore and don't think we will see large Red candles in light of the 10th May Deadline. Could be wrong, hope we do!

RockHound

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Quote from: Dalmar on May 08, 2014, 10:33:28 AM

Quote from: RockHound on May 08, 2014, 10:26:41 AM

Just got funded at Bitstamp and ready to go!

Much larger than my usual transactions so I want to get best deal possible.

What price are you guys going for?

Was thinking $402.26 but even lower would be most agreeable

Once it gets near 402, you will chicken out and remove your bids.

So true

Been selling BTC on Localbitcoins 8 months now, will keep that trading going @ current market price.

But for this larger acquisition it's different. D'you know what price I've locked-in?? $288.65 Grin

Probably will be cancelling that!

jamesc760

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In 2 days, it will go down, briefly, to $420 and then go back up to $450.

Dalmar

hero member

Activity: 1106

Merit: 500

Life is short, practice empathy in your life

Quote from: RockHound on May 08, 2014, 10:26:41 AM

Just got funded at Bitstamp and ready to go!

Much larger than my usual transactions so I want to get best deal possible.

What price are you guys going for?

Was thinking $402.26 but even lower would be most agreeable

Once it gets near 402, you will chicken out and remove your bids.

Topic: 08/05/2014 Anyone else waiting to buy back in next down turn? - page 4. (Read 4662 times)