re: Trading strategy, I have none. I've been a miner for a few years now. To that end, I'm not sure if I see myself continuing to run my farm come New Year. Will probably shut everything down and sell it off (the rigs, not the BTC)
I take it you're not running profitably at the moment then? 
Topic: $350 is VERY important... make it or break it level - page 3. (Read 6701 times)
Ain't gonna lie, this downward trend is starting to concern me.
At what point does a Legendary member cut his loose..re: Trading strategy, I have none. I've been a miner for a few years now. To that end, I'm not sure if I see myself continuing to run my farm come New Year. Will probably shut everything down and sell it off (the rigs, not the BTC)
Not to worried like everyone said, around the $260 area is when I'll become panicked.
I only have 4btc right now so not to much to worry about.
Let's hope for the best and see this bounce sooner than we expect
I only have 4btc right now so not to much to worry about.
Let's hope for the best and see this bounce sooner than we expect
Ain't gonna lie, this downward trend is starting to concern me.
That's worrying considering you must have seen this a few times before. Do you have a trading strategy for this scenario? 350 is long gone, today's bitstamp low is 319.9.
Would have been a steal to grab more at 320, I had my limits set above that
but honestly we can't break 300... Many people want to grab coins at that price, including miners!It has broken below 300 just not too long ago. Cost of production for small time miner has now exceed the return by long margin.
If we go below the previous ATH, then some early adopters will be looking at losses.
But that could be good, shaking up this stagnant market and bring back the good old days of pump and dump.
The market has been held up my moronic bulltards trying to soak up the endless supply of mined coins, chanting choo choo as the price has slowly declined. Yawn.
If these plonkers get shaken out then the volatility can return and then there will be a reason to trade btc.
But that could be good, shaking up this stagnant market and bring back the good old days of pump and dump.
The market has been held up my moronic bulltards trying to soak up the endless supply of mined coins, chanting choo choo as the price has slowly declined. Yawn.
If these plonkers get shaken out then the volatility can return and then there will be a reason to trade btc.
Ain't gonna lie, this downward trend is starting to concern me.
That's worrying considering you must have seen this a few times before. Do you have a trading strategy for this scenario? 350 is long gone, today's bitstamp low is 319.9.
Would have been a steal to grab more at 320, I had my limits set above that
but honestly we can't break 300... Many people want to grab coins at that price, including miners! Ain't gonna lie, this downward trend is starting to concern me.
That's worrying considering you must have seen this a few times before. Do you have a trading strategy for this scenario? 350 is long gone, today's bitstamp low is 319.9.
i think the question is why is 350 an important level. and the answer is, it isn't. until we break 265 I'm not sweating
Agreed. 265 is VERY important
No actually 265 will be the level which people will start heading for the hills!!!
Dude! Sarcasm emoji. Geez
Ain't gonna lie, this downward trend is starting to concern me.
At what point does a Legendary member cut his loose..
Ain't gonna lie, this downward trend is starting to concern me.
i think the question is why is 350 an important level. and the answer is, it isn't. until we break 265 I'm not sweating
Agreed. 265 is VERY important
No actually 265 will be the level which people will start heading for the hills!!!
The next 48 hours are crucial.
Yes weekend can sink the ship to the bottom of the ocean. We all know what then wil happen. They did nto found Titanic for almost 100 years and will take 100 more to pull it out of the deep watter.
i think the question is why is 350 an important level. and the answer is, it isn't. until we break 265 I'm not sweating
Agreed. 265 is VERY important
i think the question is why is 350 an important level. and the answer is, it isn't. until we break 265 I'm not sweating
Well, if it drop below $350, people might just panic sell..
The panic sellers have brought us to 340 but we will have that lovely bounce soon
Well, if it drop below $350, people might just panic sell..
In the last three weeks, the price has been briefly above $400 and briefly below $300. Right now, it's around $350. What's special about $350?
Anything can happen in the next 5 minutes
I think it`ll hit $1 by end of this year.
What's happen? why bitcoin price is decreasing so much? anyway, i think that tomorrow price will arrive at 300$, and then will re-increase. 
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