Author

Topic: Bitcoin dropping (Read 2410 times)

sr. member
Activity: 406
Merit: 250
AltoCenter.com
January 18, 2015, 08:30:19 AM
#43
I am still saving it and buying some in low price, it will pick up at some point. But making rash decisions won't help the situation.
legendary
Activity: 4760
Merit: 1283
January 18, 2015, 12:50:55 AM
#42
LOL, charts. If charts had predictive value then everybody would be rich.

Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.

Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.

When I was taking a position I was not either bullish or bearish exactly.  I just noticed you are Edward50 who I remember from back in those days.  Hiya!  How did you make out?

Anyway, although I changed my numbers on occasion, I mostly picked an amount of USD I planned to put in.  I'd buy, say, 25% of that number then pick a lower target for the next tranche.  Yes, I missed my last target ($1.65-ish as I recall), but I ended up with many many more BTC in the long run considering I started at about $15.

Times are a little different now.  The details of development and ecosystem are different, but they are just as important to keep an eye on.  If I had no BTC now and some money I could afford to lose, I very possibly would be a buyer at this point to sit on just in case there is a big win.  No different than when I started out though I ended up buying a lot more than I had initially planned.  And I'd be employing the same buying strategy that I did back in the day.

sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
January 18, 2015, 12:49:10 AM
#41
Are you still saving your bitcoins or you selling them?

Even if I bought my Bitcoins at much higher price, it doesn't make to sell them now. I would just make loss if I sell them now - confirmed.

If I HODL, there is a slightest chance that the price would recover so that I do not make loss, or can even profit.

Choice is clear - sell now to make confirmed loss or HODL for potential loss or profit.
legendary
Activity: 1937
Merit: 1001
January 18, 2015, 12:35:53 AM
#40
LOL, charts. If charts had predictive value then everybody would be rich.

Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.

Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.


Apparently you're clueless about market mechanics, psychology and interpreting chart indicators.
I guess i remember why you were on the ignore list now.
hero member
Activity: 602
Merit: 500
January 18, 2015, 12:08:47 AM
#39
LOL, charts. If charts had predictive value then everybody would be rich.

Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.

Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.
legendary
Activity: 1937
Merit: 1001
January 18, 2015, 12:02:10 AM
#38
I just did some more analysis of the market and chart indicators. We may slowly be working on a trend reversal it seems. If that's the case we should see strong support during the entire next week.
This is thinking of a natural market, not a heavily manipulated market with hundreds of thousands btc ready to be dumped at an instant.
So it really depends on what the manipulators and hackers will do next, i assume they are just involved in bitcoin for the fiat so my expectation is quite skeptical even though i can see indicators of trend reversal.
legendary
Activity: 1568
Merit: 1001
January 17, 2015, 11:14:37 PM
#37
Just cashed out 500btc bought at 170 for 200 Smiley
Will buy again around $100 which will be rather sooner than later.

Congrats on your execution of that move. I'm sure many are very envious of that kind of profiting, I know I am. Not gonna hate tho.
legendary
Activity: 1568
Merit: 1001
January 17, 2015, 11:12:11 PM
#36
Just cashed out 500btc bought at 170 for 200 Smiley
Will buy again around $100 which will be rather sooner than later.


You no longer exert an influence on the market. One less person to sell.
Perhaps but one more mega-order to help the bounce if it were to go so low. Most of the realistic bears I've seen are ready to buy in big at $130 if the price should entertain such a target. If it were to go so low, you and everyone else will have the ability to grab extra cheap coins and lock in a bottom and send the market in another direction big time and put a nail in the bear coffin once and for all this time around. Smiley
legendary
Activity: 1176
Merit: 1000
January 17, 2015, 08:58:51 PM
#35
Just cashed out 500btc bought at 170 for 200 Smiley
Will buy again around $100 which will be rather sooner than later.


You no longer exert an influence on the market. One less person to sell.
legendary
Activity: 1937
Merit: 1001
January 17, 2015, 08:57:45 PM
#34
Just cashed out 500btc bought at 170 for 200 Smiley
Will buy again around $100 which will be rather sooner than later.
newbie
Activity: 22
Merit: 0
January 17, 2015, 07:25:36 PM
#33
Price went down fast was strange for a while to see it happen, someone must've dropped a lot of their coin on the market.  I wasn't sure what to make of it.
legendary
Activity: 1064
Merit: 1000
January 17, 2015, 07:16:33 PM
#32
HODL! Don't worry about the price. Bitcoin is getting more and more attention, it is going to be big. If we buy at this price, we can be early adopters!  Grin

donator
Activity: 784
Merit: 1000
January 17, 2015, 06:42:05 PM
#31
I use bitcoin in my business and everyday's life and I see that its adoption is being continuously progressed. Back in to 2012/13 I couldn't even imagine that Dell and Microsoft start accepting it or that I can easily book hotel or buy airtickets.
Now just leave those shorting BTC kids alone till they get squeezed. They are mostly the same get-rich-quick greedy dumbs like those who were buying at the top of previous bubbles and then exited in panic with huge losses.

BTW, I won't surprise if we touch $150s or even lower levels in near future, but it also won't be a miracle if we reach $5K in coming years. Bitcoin is not dead and it works ever better than before.
legendary
Activity: 4760
Merit: 1283
January 17, 2015, 06:07:56 PM
#30
Saving

Im in for longterm investment

Whenever a get-rich-quick scheme fails, rename it "long-term investment."  You'll prob'ly lose more, but won't have to admit it to yourself for years to come.

Well, it _is_ a way to turn a certain loss into a possible gain.  Ask me how I know.

(In reality in my case, I always did consider my long-shot bet on Bitcoin to be fairly long-term, and from day one I had in my mind converted from the time domain into the...well...profit/loss domain I guess on would say.  And I was always comfortable to lose everything I have in Bitcoin in a split second.  Would not be exactly overjoyed to do so, of course, but it would't be the end of the world either.)

sr. member
Activity: 252
Merit: 250
January 17, 2015, 05:08:44 PM
#29
Are you still saving your bitcoins or you selling them?
I was with intent to sell a certain amount I bought this week ($ 180) but, I thought best not. As soon I will keep them.
sr. member
Activity: 378
Merit: 254
January 17, 2015, 12:31:40 PM
#28
Saving

Im in for longterm investment

Whenever a get-rich-quick scheme fails, rename it "long-term investment."  You'll prob'ly lose more, but won't have to admit it to yourself for years to come.
sr. member
Activity: 314
Merit: 250
January 17, 2015, 12:19:19 PM
#27
Saving

Im in for longterm investment

I'm at trading so I decided to save for longterm investment too.
member
Activity: 105
Merit: 10
January 17, 2015, 12:15:57 PM
#26
Saving

Im in for longterm investment
legendary
Activity: 2296
Merit: 1014
January 17, 2015, 10:57:14 AM
#25
Holding for them. In 5 to 10 years, either going to be big or completely gone ...
Agree, im thinking exactly the same
full member
Activity: 206
Merit: 100
January 17, 2015, 10:43:02 AM
#24
saving. i really think it is stupid to sell at this low price.
legendary
Activity: 3374
Merit: 1824
January 17, 2015, 10:28:28 AM
#23
Are you still saving your bitcoins or you selling them?

In my opinion, when price is low, it's perfect time for buying.
When price is up, it's the best time for selling Smiley
If anyone selling now btc in panic, it will loose a lot.
sr. member
Activity: 406
Merit: 250
January 17, 2015, 10:19:02 AM
#22
I mine, save and use bitcoin in the same time.
newbie
Activity: 54
Merit: 0
January 17, 2015, 07:01:59 AM
#21
As the capitalization is reduced, the chances to be abandoned for something else unfortunately growing .
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
January 17, 2015, 07:01:16 AM
#20
I'm hodling... As I believe this ain't the price BTC deserves being such an optimistic technology...
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
January 17, 2015, 06:54:49 AM
#19
BUY!!!
legendary
Activity: 1330
Merit: 1001
January 17, 2015, 06:46:08 AM
#18
I sold my bitcoins at 300$ and I have already rebought.
legendary
Activity: 1538
Merit: 1210
January 17, 2015, 03:50:16 AM
#17
In my opinion, it is far better to hold Reddcoin.  At a price of 11 Satoshi, it is a bargain Cheesy
legendary
Activity: 1260
Merit: 1019
January 17, 2015, 03:39:36 AM
#16
Quote
Why u think so?
Because I know math
Quote
Now Bitcoin on falling global trend, and it can't be forever
It can
Quote
the price will rise
Will not.
Quote
but the question is when  Smiley
This is not a question.
newbie
Activity: 38
Merit: 0
January 17, 2015, 03:11:26 AM
#15
i'd buy 2 btc when the price was 625$, i will be fool if i sell btc now Smiley Holding for a very very long time Smiley
You will be fool is you hodl it now also.
Why u think so? Now Bitcoin on falling global trend, and it can't be forever, the price will rise, but the question is when  Smiley
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
January 17, 2015, 03:10:14 AM
#14
Are you still saving your bitcoins or you selling them?

actually you can save and spent BTC at the same time - and you should to that  Wink

use the time to learn more about BTC ! otherwise you will always listen to other people that may scam you.
legendary
Activity: 1260
Merit: 1019
January 17, 2015, 02:59:19 AM
#13
i'd buy 2 btc when the price was 625$, i will be fool if i sell btc now Smiley Holding for a very very long time Smiley
You will be fool is you hodl it now also.
newbie
Activity: 38
Merit: 0
January 17, 2015, 02:45:30 AM
#12
i'd buy 2 btc when the price was 625$, i will be fool if i sell btc now Smiley Holding for a very very long time Smiley
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
January 17, 2015, 02:31:23 AM
#11
Are you still saving your bitcoins or you selling them?

No, I'm not selling them yet. I like to wait until my investments fall as far down the drain pipe as they can go before I sell. If they go under $50 I'll sell for sure. lol
mkc
hero member
Activity: 517
Merit: 501
January 17, 2015, 01:38:12 AM
#10
Holding for them. In 5 to 10 years, either going to be big or completely gone ...
legendary
Activity: 2296
Merit: 1031
January 17, 2015, 01:26:36 AM
#9
I just bout 3 more btc.  I'm hoping for some success in accumulating more btc.  This show is far from over.
full member
Activity: 221
Merit: 100
I like guns.
January 17, 2015, 01:12:33 AM
#8
All I know is that there's plenty of BTC conferences happening soon and the unveiling thereof of new things will be epic.
We haven't had these sort of things in recent times in the downtrend, so the flip in this new year will be epic. The possibility of the ETF popping in due time via the heavyweight attorney that the Voss's have acquired is news changing. You don't want to be on the other side of this and that.

^ this. 2015 is going to be a very important year for BTC. I'm sitting on my pile and waiting to see how this community grows.
legendary
Activity: 1568
Merit: 1001
January 17, 2015, 12:46:54 AM
#7
All I know is that there's plenty of BTC conferences happening soon and the unveiling thereof of new things will be epic.
We haven't had these sort of things in recent times in the downtrend, so the flip in this new year will be epic. The possibility of the ETF popping in due time via the heavyweight attorney that the Voss's have acquired is news changing. You don't want to be on the other side of this and that.
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
January 17, 2015, 12:36:30 AM
#6
Are you still saving your bitcoins or you selling them?

I'am saving personally (selling only small amounts when I need something for paypal) , most of us is saving ... I mean who in the world would sell his bitcoin with such a low price unless he is a very early adopters of course . Also it is time to buy ~200$ is a very good price comparing to what it was before (last year ) .

~ Madness.
sr. member
Activity: 459
Merit: 251
January 17, 2015, 12:29:36 AM
#5
yeah , idk i dont really trust it right now
Q7
sr. member
Activity: 448
Merit: 250
January 17, 2015, 12:25:43 AM
#4
Still putting my trust into bitcoin here. Even though the situation currently looks bad, but I believe it will become better some day. There is still hope in it.
legendary
Activity: 1568
Merit: 1001
January 17, 2015, 12:22:42 AM
#3
Saving obviously. Adjust your portfolio accordingly to gain more but at this point, there's a change a coming. When the flip happens, it'll happen before you can get your motivations and fiat changed accordingly. Just be ahead of the game.
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
January 17, 2015, 12:04:42 AM
#2
Saving. It gonna worth more than the current price (or early 2014) very soon..
sr. member
Activity: 459
Merit: 251
January 17, 2015, 12:01:49 AM
#1
Are you still saving your bitcoins or you selling them?
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