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Topic: Bitcoin is failing, People are getting out, $550 in 24 hours - page 3. (Read 16877 times)

hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
Hey falllling I tried looking in the trashcan to find your latest post that Blitz put in there, but apparently I don't have the right to rummage in there!

 Cheesy
member
Activity: 112
Merit: 10

now you see? there is no hope, bitcoin is going to nowhere but down!
legendary
Activity: 1582
Merit: 1064
member
Activity: 112
Merit: 10
full member
Activity: 238
Merit: 100
Yea... not buying more right now. I'll either let it go another leg down or catch the spike. I am set to either buy if we cross 505 or wait even longer if we cross 480. Sure, I'd miss a little bit of the pump up, but if we cross 505 then I'll feel more comfortable that we've hit our bottom. I don't need the extra 2% of gains that bad that I am going to risk having an aneurysm over it.

We already crossed the 490's -500's level this dump, only to come back today to the sub 500 level. I guess you need to wait more if you want to wait for a certain rise, at least 525+ for some time, or 540+ for some time if you want to risk less

505 was the resistance point. We touched it for a second, but couldn't break it. That's what I need to see go before I am convinced.
legendary
Activity: 1120
Merit: 1000
Yea... not buying more right now. I'll either let it go another leg down or catch the spike. I am set to either buy if we cross 505 or wait even longer if we cross 480. Sure, I'd miss a little bit of the pump up, but if we cross 505 then I'll feel more comfortable that we've hit our bottom. I don't need the extra 2% of gains that bad that I am going to risk having an aneurysm over it.

We already crossed the 490's -500's level this dump, only to come back today to the sub 500 level. I guess you need to wait more if you want to wait for a certain rise, at least 525+ for some time, or 540+ for some time if you want to risk less
full member
Activity: 238
Merit: 100
Yea... not buying more right now. I'll either let it go another leg down or catch the spike. I am set to either buy if we cross 505 or wait even longer if we cross 480. Sure, I'd miss a little bit of the pump up, but if we cross 505 then I'll feel more comfortable that we've hit our bottom. I don't need the extra 2% of gains that bad that I am going to risk having an aneurysm over it.

That sounds like a fairly decent approach.

Word.
legendary
Activity: 1512
Merit: 1000
Yea... not buying more right now. I'll either let it go another leg down or catch the spike. I am set to either buy if we cross 505 or wait even longer if we cross 480. Sure, I'd miss a little bit of the pump up, but if we cross 505 then I'll feel more comfortable that we've hit our bottom. I don't need the extra 2% of gains that bad that I am going to risk having an aneurysm over it.

That sounds like a fairly decent approach.
full member
Activity: 238
Merit: 100
Yea... not buying more right now. I'll either let it go another leg down or catch the spike. I am set to either buy if we cross 505 or wait even longer if we cross 480. Sure, I'd miss a little bit of the pump up, but if we cross 505 then I'll feel more comfortable that we've hit our bottom. I don't need the extra 2% of gains that bad that I am going to risk having an aneurysm over it.
legendary
Activity: 1512
Merit: 1000
I don't know if now is actually a good exit point if you've taken this much of the fall off. That said, I wouldn't say this is a good point to buy, either. We have yet to confirm a bottom. Remember when the stock market has gotten too levered over the years it has dropped 55%... Bitcoin is more volatile, it may drop even more... or it may not.

Anyhow, I'd wait until we establish a bottom. There is still $20 million in longs on Bitfinex. Either once we get to a technical bottom or that number is in the $10-15 million range then it is buy time, again. We know that they are going to lever back up once the price gets truly cheap.

I personally believe we're in for another leg down.  I'll know we're there when the suicide hotline is pegged on the front page of /r/bitcoin.


Quote
That said, telling people to buy now is a bit scammy. We are still in full sell-off mode.

You should probably buy as much as you can right now.
full member
Activity: 238
Merit: 100
I don't know if now is actually a good exit point if you've taken this much of the fall off. That said, I wouldn't say this is a good point to buy, either. We have yet to confirm a bottom. Remember when the stock market has gotten too levered over the years it has dropped 55%... Bitcoin is more volatile, it may drop even more... or it may not.

Anyhow, I'd wait until we establish a bottom. There is still $20 million in longs on Bitfinex. Either once we get to a technical bottom or that number is in the $10-15 million range then it is buy time, again. We know that they are going to lever back up once the price gets truly cheap.

That said, telling people to buy now is a bit scammy. We are still in full sell-off mode.
legendary
Activity: 1512
Merit: 1000
see? this scammer accustomed to lie all the time

Uh huh, says Bitcointalk's biggest scammer (you).  You're such a scammer that even your scams are scams.
legendary
Activity: 1512
Merit: 1000
You're dumb. I already dropped my bag in the 7xx's.  Now's the time to buy, when momos like yourself are screaming for the end.  Make me another hundred grand, see if I care.
I thought you just bought at $520ish while screaming "cheep coynz!" Lol. You're a funny lil fella.

I did, I fail to see how that's outside of the statement you just quoted.  Bought some then, maybe I'll buy more right now.  

Buying on drops and selling on climbs isn't some sort of rocket sciency trading method.
member
Activity: 112
Merit: 10
You're dumb. I already dropped my bag in the 7xx's.  Now's the time to buy, when momos like yourself are screaming for the end.  Make me another hundred grand, see if I care.
I thought you just bought at $520ish while screaming "cheep coynz!" Lol. You're a funny lil fella.

see? this scammer accustomed to lie all the time
sr. member
Activity: 280
Merit: 250
You're dumb. I already dropped my bag in the 7xx's.  Now's the time to buy, when momos like yourself are screaming for the end.  Make me another hundred grand, see if I care.
I thought you just bought at $520ish while screaming "cheep coynz!" Lol. You're a funny lil fella.
legendary
Activity: 1512
Merit: 1000
Fonsie and Dropt are scammers confirmed, i think they can't wait to drop their bags to others, what are those scamming losers

You're dumb. I already dropped my bag in the 7xx's.  Now's the time to buy, when momos like yourself are screaming for the end.  Make me another hundred grand, see if I care.
member
Activity: 112
Merit: 10
Falling is not a scammer... he is a troll.

Fonsie and Dropt might be scammers (bagholders) or they may be sincere... see Monorail salesman (?) below

The reality is that none of us know where the price is going. Trade your own account and don't let people's bulls--- kill your vibe.



Fonsie and Dropt are scammers confirmed, i think they can't wait to drop their bags to others, what are those scamming losers
legendary
Activity: 1512
Merit: 1000
Falling is not a scammer... he is a troll.

Fonsie and Dropt might be scammers (bagholders) or they may be sincere... see Monorail salesman (?) below

The reality is that none of us know where the price is going. Trade your own account and don't let people's bulls--- kill your vibe.



I'm not sincere.  You can check my history, I rarely if ever (maybe once) have honestly suggested others act one way or another.  I'm here simply, and solely to fuck with Falllling.  It is my current duty to counter each of his troll attemps.  If he wants to scream it's the end of Bitcoin without any reasoning, I'm going to sit here and yell it's just the beginning with the exact same backing, absolutely none.
full member
Activity: 238
Merit: 100
Falling is not a scammer... he is a troll.

Fonsie and Dropt might be scammers (bagholders) or they may be sincere... see Monorail salesman (?) below

The reality is that none of us know where the price is going. Trade your own account and don't let people's bulls--- kill your vibe.

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