Topic: $275.00 Just hit on Bstamp Sun 16:50 GMT 05/10/14 - page 2. (Read 6366 times)

How much was lowest trades that was made so far?

U need to start being honest with what your true emotions are mate.

If Bitcoin goes down to $100 range, you will be filling your boots as you will be 60%+ down on your initial investment. That is horrendous performance by any standards.

Look at yourself in the mirror, and admit that you really don't want Bitcoin to go down to $100 range.

Once you do that, you may start to be able to make some good decisions that might actually benefit you, even if it means realising short term losses.

My last trade which flew in the face of what I was preaching at the time lost me around $1500. Had I adopted the foolish self deluding attitude of "oh goody more cheap coins for me", I would now be down about $4500, and perhaps even more if I was really filling up my sack with dem 'cheap coins' on the way down. But I didn't. I admitted that I didn't like what I was seeing and that things were looking very bad.......Of course, I didn't figure on things getting this bad, this quickly, so thank fuck I am out the game.

Whilst I am not one of those who has capitalised on bitcoin from the single or double figure days, I am fortunate enough not to have made a net loss on Bitcoins. Most people who have invested in Bitcoin will make a net loss. That is the nature of Ponzi schemes. I am not saying that Bitcoin is a ponzi scheme, but it trades like one and if it fails it will have behaved exactly like that.

$275 looks like a good short term low for now. After such a prolonged downward grind, I would imagine that there will likely be a correction (up the way) from this trend. Keep your eye on the market action, and be prepared to either break even, make a slither of a small profit....or if things start looking dodgy again, be prepared to cut your losses. Seriously. $275 is not the ultimate low. With that said I would be greatly shocked if any lower prices were hit in the coming week or so.

Too early to say whether it's rebounding, but guess it's $30 above our new ATL.

Just looking at views from this post and various forums - seems like most folks were happy to pickup around the $300 range * where it is now

When I get funded tomorrow - I'll be very happy if the price stays around here (sub$300 would be a bonus)

Man - I'd love to pick up @$100 range        gotta be honest tho, don't think we are going that low (I'm often wrong )

nope obvious manipulation. No one just bought 2045 bitcoins just now. We are being bullshitted

$100 is a good target.

Bitcoin was stable around 100-120 for a long time.

mini rally just started kicking off > $315 just now

Well good luck bro, what's your ideal price?

Hope i'm wrong but think we are heading up from now on

The bear in me awakened in a weird way for the first time. Moar Moar Moaaar, Lower and lower and lower muahahahaha

I think the dumping is just starting, and now panic is going to set in. It got me!

When we hit $275 on BStamp

BTC-e only went to $285.01

rarity these days

No one knows for sure - seems like a great time to buy because of the past two days action, but we could be wrong. Might carry on dumping even farther - guess we're part of the re-bound immanent gang  


What are your thoughts bro - think we are right or downtrend still gonna persist? If so what realistic floor would you say?

I can see the future.

We will see 30-50k per coin this time next year most likely.

How do you know?

I'm no fortune teller or TA expert - But hope it booms for you mate - reckon a meaty re-bound is on way (but I could be wrong)

You're right mate, wish I bought-in today instead of yesterday - very foolish  

I retail a lot on Localbitcoins so comes with the business - I'm properly biased because like some folks on here I'm Bitcoin crazy and still believe it'll have a significant role to play  

BTC will be back up to 500ish by december at the latest. Everyone buying in now is getting cheap coins.

Well I am still in the positives right now, even if what I hold right now and it crashed to 0 I still will be ahead. Granted I could be ahead more but hey.... sometimes you need to gamble to come out big way down the road.

Long game. I am to the point this will be part of my retirement fund some 30+ years down the road.

   true   -  maybe don't tell the wife this one just yet