457 HOLY SHIT | Bitcointalksearch.org

Swordsoffreedom

legendary

Activity: 2800

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: okthen on July 17, 2014, 05:57:11 AM

Quote from: theonewhowaskazu on July 17, 2014, 02:24:32 AM

Quote from: okthen on July 16, 2014, 08:17:02 PM

Quote from: theonewhowaskazu on July 16, 2014, 12:12:24 AM

I don't think we're ever going to see $500 again. Or at least, not below it.

I think we need a silk road event to have us crash to just about $500, whales buy up all the cheap coins, leaving no coins on market, then its bubble time.

I thought the same, and that that event would be the Silkroad auction (well, just before knowing the results anyway).
But with that gone, I don't see any news of sorts approaching, specially now that we're kind of China-Ban-Immune...

The next silk road auction?

Unless something gets all the coins back into the hands of the few, we could easily have to wait until the next halving... :/

Unless the whales have already been accumulating, that is.

Next auction won't come until DPR's trial finishes, and that might take a while.
I think some other event such as a ETF opening will happen before that. And before the next halving.

There is always the possibility that they are able to confiscate another drug exchanges coins
The amount would probably be far less significant but if they catch a few who knows we may see another auction.

okthen

hero member

Activity: 490

Merit: 500

Quote from: theonewhowaskazu on July 17, 2014, 02:24:32 AM

Quote from: okthen on July 16, 2014, 08:17:02 PM

Quote from: theonewhowaskazu on July 16, 2014, 12:12:24 AM

I don't think we're ever going to see $500 again. Or at least, not below it.

I think we need a silk road event to have us crash to just about $500, whales buy up all the cheap coins, leaving no coins on market, then its bubble time.

I thought the same, and that that event would be the Silkroad auction (well, just before knowing the results anyway).
But with that gone, I don't see any news of sorts approaching, specially now that we're kind of China-Ban-Immune...

The next silk road auction?

Unless something gets all the coins back into the hands of the few, we could easily have to wait until the next halving... :/

Unless the whales have already been accumulating, that is.

Next auction won't come until DPR's trial finishes, and that might take a while.
I think some other event such as a ETF opening will happen before that. And before the next halving.

wobber

legendary

Activity: 1064

Merit: 1001

Quote from: lay785 on July 17, 2014, 03:13:56 AM

Quote from: okthen on July 16, 2014, 08:17:02 PM

Quote from: theonewhowaskazu on July 16, 2014, 12:12:24 AM

I don't think we're ever going to see $500 again. Or at least, not below it.

I think we need a silk road event to have us crash to just about $500, whales buy up all the cheap coins, leaving no coins on market, then its bubble time.

I thought the same, and that that event would be the Silkroad auction (well, just before knowing the results anyway).
But with that gone, I don't see any news of sorts approaching, specially now that we're kind of China-Ban-Immune...

maybe because theres another 140k coins left for the fbi to auction - until that is over dont expect bitcoin to bubble - and if it does it will come down before the next auction.

If price will crash up or down, depends pretty much of the number of winners AND batch sizes. And batch sizes surely depend on price before the auction, they can't sell 10,000 BTC batches if the price is 10,000 USD.

So I'd say that the destination of the auctioned coins depends on the price.

lay785

sr. member

Activity: 266

Merit: 250

Quote from: okthen on July 16, 2014, 08:17:02 PM

Quote from: theonewhowaskazu on July 16, 2014, 12:12:24 AM

I don't think we're ever going to see $500 again. Or at least, not below it.

I think we need a silk road event to have us crash to just about $500, whales buy up all the cheap coins, leaving no coins on market, then its bubble time.

I thought the same, and that that event would be the Silkroad auction (well, just before knowing the results anyway).
But with that gone, I don't see any news of sorts approaching, specially now that we're kind of China-Ban-Immune...

maybe because theres another 140k coins left for the fbi to auction - until that is over dont expect bitcoin to bubble - and if it does it will come down before the next auction.

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

Quote from: okthen on July 16, 2014, 08:17:02 PM

Quote from: theonewhowaskazu on July 16, 2014, 12:12:24 AM

I don't think we're ever going to see $500 again. Or at least, not below it.

I think we need a silk road event to have us crash to just about $500, whales buy up all the cheap coins, leaving no coins on market, then its bubble time.

I thought the same, and that that event would be the Silkroad auction (well, just before knowing the results anyway).
But with that gone, I don't see any news of sorts approaching, specially now that we're kind of China-Ban-Immune...

The next silk road auction?

Unless something gets all the coins back into the hands of the few, we could easily have to wait until the next halving... :/

Unless the whales have already been accumulating, that is.

okthen

hero member

Activity: 490

Merit: 500

Quote from: theonewhowaskazu on July 16, 2014, 12:12:24 AM

I don't think we're ever going to see $500 again. Or at least, not below it.

I think we need a silk road event to have us crash to just about $500, whales buy up all the cheap coins, leaving no coins on market, then its bubble time.

I thought the same, and that that event would be the Silkroad auction (well, just before knowing the results anyway).
But with that gone, I don't see any news of sorts approaching, specially now that we're kind of China-Ban-Immune...

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: vuduchyld on July 16, 2014, 12:55:33 PM

Quote from: keithers on July 15, 2014, 11:29:57 PM

Quote from: Cranky4u on July 15, 2014, 10:58:18 PM

Dollar averaging solves 99% of your forecasting problems.

True, so you basically should be incrementally buying now, if your dollar cost average is anywhere above where the price is at now...

It would be easier to stomach periodic buys right now if that were the case, but my dollar cost average is about $150 under the current price point.

That is a pretty good number that you are working with. So if I were you, I would just continue to periodically add money to your BTC whenever you can...and then just hold onto the rest that you have. Especially re-load if you spend your BTC.

Over the long term, the prices right now should be cheap, but we don't know what the future holds...

vuduchyld

sr. member

Activity: 364

Merit: 250

Quote from: keithers on July 15, 2014, 11:29:57 PM

Quote from: Cranky4u on July 15, 2014, 10:58:18 PM

Dollar averaging solves 99% of your forecasting problems.

True, so you basically should be incrementally buying now, if your dollar cost average is anywhere above where the price is at now...

It would be easier to stomach periodic buys right now if that were the case, but my dollar cost average is about $150 under the current price point.

Swordsoffreedom

legendary

Activity: 2800

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

That was the bottom looking back or was it 380
Either way right now that position is well into the green so it makes a good mark
Above the old High score but before the next rise although Bitcoin has been sideways for a while I think were in the long run to the next price rise 200 day trendlines etc.

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

I don't think we're ever going to see $500 again. Or at least, not below it.

I think we need a silk road event to have us crash to just about $500, whales buy up all the cheap coins, leaving no coins on market, then its bubble time.

theblacksquid

full member

Activity: 182

Merit: 100

Quote from: hyphymikey on July 15, 2014, 11:24:35 PM

Quote from: Skele on July 15, 2014, 10:29:27 PM

600s and going up soon, but if this bomb will explode first it needs to crash to 300s maybe less and then rise from the ashes and reach 1000s

And with everyone wanting coin this cheap, we will never see it happen.

True. It's the terrible disadvantage to how the markets correcting themselves.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: Cranky4u on July 15, 2014, 10:58:18 PM

Dollar averaging solves 99% of your forecasting problems.

True, so you basically should be incrementally buying now, if your dollar cost average is anywhere above where the price is at now...

hyphymikey

hero member

Activity: 784

Merit: 1000

Quote from: Skele on July 15, 2014, 10:29:27 PM

600s and going up soon, but if this bomb will explode first it needs to crash to 300s maybe less and then rise from the ashes and reach 1000s

And with everyone wanting coin this cheap, we will never see it happen.

vuduchyld

sr. member

Activity: 364

Merit: 250

Quote from: bitlind on July 15, 2014, 10:41:45 PM

Quote from: vuduchyld on July 15, 2014, 10:17:02 AM

Quote from: falllling on July 15, 2014, 03:16:42 AM

Quote from: theonewhowaskazu on July 15, 2014, 03:09:39 AM

This thread reminds me that we are now more in a flat trend than a down trend.

what if we drop back to $4xx in few weeks?

Not the end of the world. I'm a buyer at $4xx. Frankly, right now, I've got cash sitting on the sidelines. Not selling, certainly, but not buying at $620, either.

To be fair, most of us are believers, so we are in at most any point. I bought some just now at 618. Every week USD into BTC...

It's a good strategy. You're right. I should probably look at it that way. I'm probably being greedy...and I might well miss a run. Might have to backtest some what ifs....

Cranky4u

hero member

Activity: 810

Merit: 1000

Dollar averaging solves 99% of your forecasting problems.

bitlind

member

Activity: 252

Merit: 10

Quote from: vuduchyld on July 15, 2014, 10:17:02 AM

Quote from: falllling on July 15, 2014, 03:16:42 AM

Quote from: theonewhowaskazu on July 15, 2014, 03:09:39 AM

This thread reminds me that we are now more in a flat trend than a down trend.

what if we drop back to $4xx in few weeks?

Not the end of the world. I'm a buyer at $4xx. Frankly, right now, I've got cash sitting on the sidelines. Not selling, certainly, but not buying at $620, either.

To be fair, most of us are believers, so we are in at most any point. I bought some just now at 618. Every week USD into BTC...

Skele

full member

Activity: 224

Merit: 100

VocalPlatform.com

600s and going up soon, but if this bomb will explode first it needs to crash to 300s maybe less and then rise from the ashes and reach 1000s

Malin Keshar

hero member

Activity: 616

Merit: 500

Quote from: keithers on July 15, 2014, 03:02:40 PM

Quote from: piramida on July 15, 2014, 10:40:41 AM

Quote from: BitCoinsLOL on May 11, 2014, 01:27:05 PM

Quote from: zimmah on May 10, 2014, 07:51:26 PM

Quote from: Wilhelm on May 10, 2014, 07:35:10 PM

This is the beginning of a trend reversal. It might not pull through this time but the bull pressure is building Cool

the bulls have been gathering for a couple of weeks now, soon they'll all storm and trample those bears and make them hide in their caves and cry for a couple of months and then the whole process will repeat itself again.

I disagree what bulls? No new money is coming in from anywhere.

You base that on what? Lack of announcement?

I am definitely a buyer anywhere in the $400s

I'm buyer anywhere below 600.

At 400's I'm in make everything to get money to buy bitcoins mode

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: piramida on July 15, 2014, 10:40:41 AM

Quote from: BitCoinsLOL on May 11, 2014, 01:27:05 PM

Quote from: zimmah on May 10, 2014, 07:51:26 PM

Quote from: Wilhelm on May 10, 2014, 07:35:10 PM

This is the beginning of a trend reversal. It might not pull through this time but the bull pressure is building Cool

the bulls have been gathering for a couple of weeks now, soon they'll all storm and trample those bears and make them hide in their caves and cry for a couple of months and then the whole process will repeat itself again.

I disagree what bulls? No new money is coming in from anywhere.

You base that on what? Lack of announcement?

I am definitely a buyer anywhere in the $400s

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: BitCoinsLOL on May 11, 2014, 01:27:05 PM

Quote from: zimmah on May 10, 2014, 07:51:26 PM

Quote from: Wilhelm on May 10, 2014, 07:35:10 PM

This is the beginning of a trend reversal. It might not pull through this time but the bull pressure is building Cool

the bulls have been gathering for a couple of weeks now, soon they'll all storm and trample those bears and make them hide in their caves and cry for a couple of months and then the whole process will repeat itself again.

I disagree what bulls? No new money is coming in from anywhere.

You base that on what? Lack of announcement?

Topic: 457 HOLY SHIT (Read 5527 times)