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Topic: Am I the only one who feels relieved when the price goes down? - page 2. (Read 4270 times)

hero member
Activity: 910
Merit: 501


$720 for me.  I need $344 to double up my coins. I don't mind if it dips below $300, I'll still buy right at $344..double coins makes me happy either way.

Smart man.


Remember the saying: Bulls make money, bears make money, pigs get slaughtered!

Exactly.  I feel greedy enough doubling up my coins! I do feel bad for selling 100% of my BTC though. I am mining, so new coinage is always coming in and I AM supporting the network....but still...
full member
Activity: 182
Merit: 100
Fourth richest fictional character


$720 for me.  I need $344 to double up my coins. I don't mind if it dips below $300, I'll still buy right at $344..double coins makes me happy either way.

Smart man.


Remember the saying: Bulls make money, bears make money, pigs get slaughtered!
hero member
Activity: 910
Merit: 501
The smarty people cashed out at 700-900.

Will be buying again around 300-500.

A lot of bulls licking their wounds right now.  Cheesy

$720 for me.  I need $344 to double up my coins. I don't mind if it dips below $300, I'll still buy right at $344..double coins makes me happy either way.
full member
Activity: 182
Merit: 100
Fourth richest fictional character

Its easy to say this now, right ?  Smiley



Yes, see my post below that one.

It was predictable the pro traders were going to dump right before it got to 1000 so they would be left holding the bag, and could clock in some nice profit.

Traders don't hold onto something if they can cash out and buy in again way cheaper.
legendary
Activity: 2324
Merit: 1125
The smarty people cashed out at 700-900.

Will be buying again around 300-500.

A lot of bulls licking their wounds right now.  Cheesy


Its easy to say this now, right ?  Smiley



Don't mock captain heignsight!
legendary
Activity: 980
Merit: 1000
Don't Hesitate to Tip me for My Helps and Guides.
The smarty people cashed out at 700-900.

Will be buying again around 300-500.

A lot of bulls licking their wounds right now.  Cheesy


Its easy to say this now, right ?  Smiley

full member
Activity: 182
Merit: 100
Fourth richest fictional character
No, I'm referring to Gox price.

China is a whole other story.

It's seems like it's down to human psychology, maybe.

Most people probably had their sell orders set to 1,000 (a psychological threshold). The smart money anticipates this and sets theirs to 900.
Just a theory, but... Winning.  Grin
legendary
Activity: 3472
Merit: 1722
Very few cashed out at $900.

(unless you mean BTCChina)
full member
Activity: 182
Merit: 100
Fourth richest fictional character
The smarty people cashed out at 700-900.

Will be buying again around 300-500.

A lot of bulls licking their wounds right now.  Cheesy
legendary
Activity: 2156
Merit: 1070
I am a bit nervous about the way the price goes down, it starts to look erratic on Gox IMO.
I placed my buy order ay 80$, just in case there's a 100k dump till morning, so I can sleep well.

Did you expect it to go down in an orderly manner? Lol
hero member
Activity: 518
Merit: 500
For the future, reliability and credibility of bitcoin it's really a good thing that the value is in normal regions.
legendary
Activity: 1162
Merit: 1007

Relieved the price is going down = you might not have enough Bitcoins.
Relived the price is going up = you might have too many Bitcoins.
Bitcoin goes up and down $300 in one day and you say "meh" = you might have the right amount of Bitcoins.


Agreed.
legendary
Activity: 2324
Merit: 1125
Bitcoin has only ever been at this price today and yesterday. How can you call it cheap?

Because Bitcoins have always been cheap. They'll continue to be cheap for a while.
hero member
Activity: 728
Merit: 500
Bitcoin has only ever been at this price today and yesterday. How can you call it cheap?
legendary
Activity: 1400
Merit: 1005
Relieved the price is going down = you might not have enough Bitcoins.
Relived the price is going up = you might have too many Bitcoins.
Bitcoin goes up and down $300 in one day and you say "meh" = you might have the right amount of Bitcoins.
I think I'm squarely in #2... but only because I'm really hoping to pay off my mortgage someday soon.
legendary
Activity: 2324
Merit: 1125
Relieved the price is going down = you might not have enough Bitcoins.
Relived the price is going up = you might have too many Bitcoins.
Bitcoin goes up and down $300 in one day and you say "meh" = you might have the right amount of Bitcoins.



1. Bitcoin goes up and down $300 in one day
2. You calculate the swing in your net worth
3. You think it's hilarious

This will be even bigger in a couple of years if Bitcoin is way higher. But even now, some people must have multi-million dollar swings in an hour. Must be nice Smiley
legendary
Activity: 2156
Merit: 1094
I am a bit nervous about the way the price goes down, it starts to look erratic on Gox IMO.
I placed my buy order ay 80$, just in case there's a 100k dump till morning, so I can sleep well.
hero member
Activity: 728
Merit: 500
I love crashes! I used to be a bull, but now I always buy into a bear market.

Doesn't that still make you a bull? Smiley

I'm incredibly bullish on BTC long-term as well but would love another few days of ~$300 prices to buy some more up!
newbie
Activity: 9
Merit: 0
My primary source of income at the moment is government money, and I don't spend much, so all I can think is "sweet, cheap Bitcoin".

I like that, Government money.  This is going to be rude, but has it ever occurred to you that that is my money, not magical government money?
This is an international forum, so we are probably not actually talking about the same money Wink

Quote from: Buffer Overflow
Is it money you can afford to lose?
Not really.. I don't have much Sad
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I love crashes! I used to be a bull, but now I always buy into a bear market.
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