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Topic: 100 cracked...time to buy?!!? - page 2. (Read 3894 times)

sr. member
Activity: 434
Merit: 250
June 09, 2013, 01:05:42 PM
#47


Engineer?
hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
June 09, 2013, 01:04:10 PM
#46
If there is one thing I learned the past 2 years it is this: Don't bet against bitcoin.
sr. member
Activity: 364
Merit: 250
June 09, 2013, 05:20:40 AM
#45
I just bought in at $105 Sad , what is the problem that causes this downturn?

lol, i thought i am the only one that feels like this.

i bought massive 2 weeks ago.  Cry Cry Cry Cry Cry Cry

Patience. Are you here to speculate or do you believe in bitcoin? I'm in this for the long haul and the trend has always been up with corrections along the way. You can panic and sell at a loss or hold and wait for it to recover which it always does.

+1

Same for me....i bought at around 84 euros, but i believe in bitcoins so i said to msyself: You will hold them forever, even if the prive falls to 1 euro Cheesy
Warren Buffet would do it the same way ..

Same for me too, it's not nice to know that you could have bought so much more coins with a bit more patience xD
But well, finding the perfect spot to buy in is only luck anyway.
legendary
Activity: 1512
Merit: 1000
June 09, 2013, 05:17:17 AM
#44
its miners selling now... not speculators

Sure thing captain.
erk
hero member
Activity: 826
Merit: 500
June 09, 2013, 05:15:19 AM
#43
  http://www.thegenesisblock.com/bitcoin-london-draws-attention-of-mainstream-finance/

  Long term prospects for bitcoin look very strong.

  I say strong buy.

It would surprise me that Bitcoin would appeal to bankers, I thought they would see it as a threat due to the lack of usury?

hero member
Activity: 728
Merit: 500
June 09, 2013, 05:11:43 AM
#42
  http://www.thegenesisblock.com/bitcoin-london-draws-attention-of-mainstream-finance/

  Long term prospects for bitcoin look very strong.

  I say strong buy.
sr. member
Activity: 252
Merit: 250
June 09, 2013, 05:07:13 AM
#41
  I'll be glad if bitcoins move from the hands of speculators to the hands of bitcoin believers and people in countries like Argentina so that it can protect them from irresponsible central banks.

  Let the speculators and miners take their profits. We'll see just how useful all those dollars and euros are five years from now. I imagine there were people in the first crash from $30 who felt lucky because they sold all of their coins at $10 and stayed out.

   This reminds me of a Warren Buffett quote- "When people are being greedy, be fearful. When people are fearful, be greedy."
its miners selling now... not speculators
hero member
Activity: 728
Merit: 500
June 09, 2013, 05:06:47 AM
#40
   I'll be glad if bitcoins move from the hands of speculators to the hands of bitcoin believers and people in countries like Argentina so that it can protect them from irresponsible central banks.

  Let the speculators and miners take their profits. We'll see just how useful all those dollars and euros are five years from now. I imagine there were people in the first crash from $30 who felt lucky because they sold all of their coins at $10 and stayed out.

   This reminds me of a Warren Buffett quote- "When people are being greedy, be fearful. When people are fearful, be greedy."
erk
hero member
Activity: 826
Merit: 500
June 09, 2013, 05:05:16 AM
#39
This is supposed to be a stable currency, not a casino.
You must be new here. Cheesy

Bitcoin isn't going to be stable for a long, long time and that's because the speculators need to figure out whether they are worth 0 or 100k.
The value is something that can be worked out over weeks or months, not minutes.
N12
donator
Activity: 1610
Merit: 1010
June 09, 2013, 04:58:26 AM
#38
This is supposed to be a stable currency, not a casino.
You must be new here. Cheesy

Bitcoin isn't going to be stable for a long, long time and that's because the speculators need to figure out whether they are worth 0 or 100k.
sr. member
Activity: 252
Merit: 250
June 09, 2013, 04:58:15 AM
#37
I just bought in at $105 Sad , what is the problem that causes this downturn?

lol, i thought i am the only one that feels like this.

i bought massive 2 weeks ago.  Cry Cry Cry Cry Cry Cry

Patience. Are you here to speculate or do you believe in bitcoin? I'm in this for the long haul and the trend has always been up with corrections along the way. You can panic and sell at a loss or hold and wait for it to recover which it always does.

+1

Same for me....i bought at around 84 euros, but i believe in bitcoins so i said to msyself: You will hold them forever, even if the prive falls to 1 euro Cheesy
Warren Buffet would do it the same way ..
gotta tell yourself lies to keep up your morale?
full member
Activity: 137
Merit: 100
June 09, 2013, 04:57:28 AM
#36
I just bought in at $105 Sad , what is the problem that causes this downturn?

lol, i thought i am the only one that feels like this.

i bought massive 2 weeks ago.  Cry Cry Cry Cry Cry Cry

Patience. Are you here to speculate or do you believe in bitcoin? I'm in this for the long haul and the trend has always been up with corrections along the way. You can panic and sell at a loss or hold and wait for it to recover which it always does.

+1

Same for me....i bought at around 84 euros, but i believe in bitcoins so i said to msyself: You will hold them forever, even if the prive falls to 1 euro Cheesy
Warren Buffet would do it the same way ..
erk
hero member
Activity: 826
Merit: 500
June 09, 2013, 04:55:19 AM
#35


Patience. Are you here to speculate or do you believe in bitcoin? I'm in this for the long haul and the trend has always been up with corrections along the way. You can panic and sell at a loss or hold and wait for it to recover which it always does.

Trouble is that to have over 10% of the value of a currency wipes off in a matter of minutes, shows a total lack of stability, and does not go well for promoting crypto as an alternative to fiat. Mt Gox crappy software is to blame, they are killing crypto uptake. The buy and sell prices should have restrictions based on a weighted average, so you can't place too high or too low orders. Also their API orders should have time delays to prevent high frequency trading. This is supposed to be a stable currency, not a casino.

hero member
Activity: 575
Merit: 500
The North Remembers
June 09, 2013, 04:40:07 AM
#34
I just bought in at $105 Sad , what is the problem that causes this downturn?

lol, i thought i am the only one that feels like this.

i bought massive 2 weeks ago.  Cry Cry Cry Cry Cry Cry

Patience. Are you here to speculate or do you believe in bitcoin? I'm in this for the long haul and the trend has always been up with corrections along the way. You can panic and sell at a loss or hold and wait for it to recover which it always does.
legendary
Activity: 2338
Merit: 2106
June 09, 2013, 04:33:57 AM
#33
I just bought in at $105 Sad , what is the problem that causes this downturn?

lol, i thought i am the only one that feels like this.

i bought massive 2 weeks ago.  Cry Cry Cry Cry Cry Cry
hero member
Activity: 575
Merit: 500
The North Remembers
June 09, 2013, 04:26:46 AM
#32
full member
Activity: 229
Merit: 100
June 09, 2013, 04:21:28 AM
#31
yes it is time to buy
sr. member
Activity: 252
Merit: 250
June 09, 2013, 04:20:10 AM
#30
It's interesting to look at the Bitcoinity chart for the past 12Hours, BTC flat no volume stable, then all of a sudden, around the time Europe wakes up, bang huge volume, down goes the BTC price. It's like it was a coordinated attack on the price, but to whose benefit?  Is there a futures market for the BTC/USD price where you can sell short leveraged and would gain from manipulating the price downwards?


its miners selling
are you an idiot really thinking its an attack.. jesus have mercy on this stupid soul
Speaking of stupid souls, perhaps you need to work out how many BTC are mined in a day first,  I will save your poor brain the headache and do it for you 144 blocks of 25 coins = 3600 BTC mined  per day. 85,000 BTC have already moved in this dump in the past few hours, of which the recently mined portion is insignificant.

i said in another topic miners were selling their profits of the past 3 weeks. which is about 75k bitcoins
erk
hero member
Activity: 826
Merit: 500
June 09, 2013, 04:18:44 AM
#29
It's interesting to look at the Bitcoinity chart for the past 12Hours, BTC flat no volume stable, then all of a sudden, around the time Europe wakes up, bang huge volume, down goes the BTC price. It's like it was a coordinated attack on the price, but to whose benefit?  Is there a futures market for the BTC/USD price where you can sell short leveraged and would gain from manipulating the price downwards?


its miners selling
are you an idiot really thinking its an attack.. jesus have mercy on this stupid soul
Speaking of stupid souls, perhaps you need to work out how many BTC are mined in a day first,  I will save your poor brain the headache and do it for you 144 blocks of 25 coins = 3600 BTC mined  per day. 85,000 BTC have already moved in this dump in the past few hours, of which the recently mined portion is insignificant.

All the miners suddenly wake up at the same time and say 3..2..1...sell! Yeah right.

Even an idiot miner knows the to sell little parcels slowly is more profitable then all at once in a dump.
sr. member
Activity: 252
Merit: 250
June 09, 2013, 04:12:58 AM
#28
It's interesting to look at the Bitcoinity chart for the past 12Hours, BTC flat no volume stable, then all of a sudden, around the time Europe wakes up, bang huge volume, down goes the BTC price. It's like it was a coordinated attack on the price, but to whose benefit?  Is there a futures market for the BTC/USD price where you can sell short leveraged and would gain from manipulating the price downwards?


its miners selling
are you an idiot really thinking its an attack.. jesus have mercy on this stupid soul
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