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Topic: aand it's gone.. (Read 2723 times)

legendary
Activity: 1652
Merit: 1016
November 18, 2013, 12:08:55 PM
#22
And its at $620 shit is eventually going to collapse though.  Nothing exponential lasts forever, and it will most likely crash at some point.

We are in price discovery at moment. Could take years to stabilise.
hero member
Activity: 924
Merit: 1001
November 18, 2013, 10:32:19 AM
#21
And its at $620 shit is eventually going to collapse though.  Nothing exponential lasts forever, and it will most likely crash at some point.
Once again, you're making the error of comparing Bitcoin to stocks.

Bitcoin is not a stock.

It doesn't follow the same rules.
sr. member
Activity: 462
Merit: 250
November 18, 2013, 10:27:20 AM
#20
And its at $620 shit is eventually going to collapse though.  Nothing exponential lasts forever, and it will most likely crash at some point.
newbie
Activity: 7
Merit: 0
November 18, 2013, 09:10:02 AM
#19
The minute I want to sell and panic, it always roars back and I miss the Choo Choo.
legendary
Activity: 1176
Merit: 1010
Borsche
November 18, 2013, 09:06:47 AM
#18
OP, so how many coins did you lose?  Grin

Sold at 618, bought back at 550

Nice one. 618 is a major fibo level.

You actually believe him? Lol Smiley He just posted two numbers that he saw as the top and bottom of the flash crash. I call this the after-the-fact trader Smiley While in reality, most probably he panic-sold at $550 and went on to create this thread.
sr. member
Activity: 378
Merit: 255
November 18, 2013, 07:44:49 AM
#17
How many coins did you sell and how many did you buy?

If you sold 50 and bought back 5 on your ladder, I'm not impressed.
sr. member
Activity: 308
Merit: 250
ancap
November 18, 2013, 07:42:29 AM
#16
OP, so how many coins did you lose?  Grin

Sold at 618, bought back at 550

Nice one. 618 is a major fibo level. It looks like BTC will have to work hard to break this resistance. I'm not talking about mtgox prices, by the way. Median price of mtgox+BTC-e.
I'm expecting some correction (38.2% first), but in the long run I'm quite sure BTC will pass the four digits easily, five digits are quite possible within 5 years time-frame.
sr. member
Activity: 364
Merit: 250
November 18, 2013, 07:41:41 AM
#15
OP, so how many coins did you lose?  Grin

Sold at 618, bought back at 550

So you advice us all to sell, because it will go sub $300 and then you buy back at $550?
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
November 18, 2013, 07:41:17 AM
#14
OP, so how many coins did you lose?  Grin

Sold at 618, bought back at 550

Unless you had a huge amount of coins, I can't imagine that was really worth the risk of not being able ot buy back.
full member
Activity: 134
Merit: 100
November 18, 2013, 07:29:15 AM
#13
to sum it up: without any indication you decided to sell and happily there was a price correction <5 minutes after you sold

horse races have similar win-rates, but anyway, congratulations Wink
sr. member
Activity: 308
Merit: 250
November 18, 2013, 06:46:03 AM
#12
OP, so how many coins did you lose?  Grin

Sold at 618, bought back at 550
legendary
Activity: 1652
Merit: 1016
November 18, 2013, 06:23:57 AM
#11
OP, so how many coins did you lose?  Grin
legendary
Activity: 2212
Merit: 1008
November 18, 2013, 06:17:27 AM
#10
aaaannddd he's gone.
full member
Activity: 137
Merit: 100
November 18, 2013, 05:41:07 AM
#9
lol
hero member
Activity: 532
Merit: 500
November 18, 2013, 05:35:31 AM
#8
Can't tell you the amount of times I've seen.....'it's gone' and 'I had to sell".The price is still waaay higher than before. Tongue
member
Activity: 110
Merit: 10
November 18, 2013, 05:26:05 AM
#7
if anything ill just buy more coins if it where to crash, i aint selling Cheesy
legendary
Activity: 1652
Merit: 1265
November 18, 2013, 05:25:12 AM
#6
but did he take his own advice?

$440 where  Huh I want more coins!!!! Cheesy
legendary
Activity: 2212
Merit: 1008
November 18, 2013, 04:53:19 AM
#5
but did he take his own advice?
legendary
Activity: 2156
Merit: 1070
November 18, 2013, 04:51:07 AM
#4
...and it's back again.
sr. member
Activity: 364
Merit: 250
November 18, 2013, 04:37:19 AM
#3
What are you talking about? The price is still way higher than it was when I went to sleep.
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