Topic: Bitcoin Struggling To Hold Above $500 USD. (Read 5036 times)
Yes, bitcoin is STRUGGLING to stay above $500. REALLY STRUGGLING.
$800?
Bitcoin Struggling To Hold Above $500 USD.
Did you mean to say $600?
Did you mean to say $700?
Every post about the price looks obsolete 1-2 days later and even hours later in some cases.
you all don´t get it:
the chinese madness will soon continue. next steep rise: this year.
the chinese madness will soon continue. next steep rise: this year.
You just want to party for Christmas...
honestly, we would prefer a party date around may 2014 or later. this year is out of question/impossible.
Bit too soon to call that I think. Remember, $100 was the new $120. And $120 was the new $160.
China wasn't around back then
Bitcoin Struggling To Hold Above $500 USD.
Did you mean to say $600?
Could this be a hint that the U.S. is about to reduce money supply and taper?
The deficits are shrinking, debts are being repaid.
Tapering would lead to less total dollars in the market. Thus ridding the need for bitcoin and gold holdings.
Take a look at how stockmarkets worldwide are trending down... QE isn't a one way street.
U.S. Defence spending is down 30% this year. Food Stamps being cut. Everything is being cut to repay the debt so that they can taper.
Onto bitcoin:
Flaws with bitcoin's block sizes being discovered.
Large flaws in exchanges matching orders, e.g. Gox.
All on our favourite bearish website, zerohedge.
The deficits are shrinking, debts are being repaid.
Tapering would lead to less total dollars in the market. Thus ridding the need for bitcoin and gold holdings.
Take a look at how stockmarkets worldwide are trending down... QE isn't a one way street.
U.S. Defence spending is down 30% this year. Food Stamps being cut. Everything is being cut to repay the debt so that they can taper.
Onto bitcoin:
Flaws with bitcoin's block sizes being discovered.
Large flaws in exchanges matching orders, e.g. Gox.
All on our favourite bearish website, zerohedge.
I was lucky because I was already logged in because I was already thinking of selling at $875.
Nice. I didn't even think about selling until it hit like $900 and that's because I wanted to sell and then wait for the retraction and buy more... oh well, I still got my coins, so I am happy.
Might buy some more for the Holidays and hold them for another year or two.
I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me.
You couldn't sell on Coinbase?What happened?
I was thinking to myself (when Gox hit $900), "This is going up way too fast. It hasn't even taken a breath today. This reminds me of $266 in April. Maybe I should sell the coins I have on Coinbase."
Checked the chart one more time and a nosedive with a sea of red.
Alt-Tabbed back to Coinbase and hit sell when the price was still $850. It didn't go through. Tried again and got halfway through and it told me the price had changed. Hit Confirm again and I finally got out at $733.
Bought back in at $525 after the crash. I rarely trade like this (never, actually), but I knew that I was catching this one. Still I turned 3 bitcoins into 4 for free.
Then they started their "Buy at market a week from now" nonsense. But since I had money ready to buy and any other option would take at least a week anyway, I went ahead and tried it. It appears that they have locked me at $525 already (not too unbelievable since it dipped below $500 for a while). But we'll see when they go to deliver on Monday.
That's what I was trying to do, but I couldn't connect to Coinbase. I never sold on Coinbase, so maybe I was doing something wrong, but every time I tried to sell the website timed out.
I was lucky because I was already logged in because I was already thinking of selling at $875.
you all don´t get it:
the chinese madness will soon continue. next steep rise: this year.
the chinese madness will soon continue. next steep rise: this year.
You just want to party for Christmas...
I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me.
You couldn't sell on Coinbase?What happened?
I was thinking to myself (when Gox hit $900), "This is going up way too fast. It hasn't even taken a breath today. This reminds me of $266 in April. Maybe I should sell the coins I have on Coinbase."
Checked the chart one more time and a nosedive with a sea of red.
Alt-Tabbed back to Coinbase and hit sell when the price was still $850. It didn't go through. Tried again and got halfway through and it told me the price had changed. Hit Confirm again and I finally got out at $733.
Bought back in at $525 after the crash. I rarely trade like this (never, actually), but I knew that I was catching this one. Still I turned 3 bitcoins into 4 for free.
Then they started their "Buy at market a week from now" nonsense. But since I had money ready to buy and any other option would take at least a week anyway, I went ahead and tried it. It appears that they have locked me at $525 already (not too unbelievable since it dipped below $500 for a while). But we'll see when they go to deliver on Monday.
That's what I was trying to do, but I couldn't connect to Coinbase. I never sold on Coinbase, so maybe I was doing something wrong, but every time I tried to sell the website timed out.
you all don´t get it:
the chinese madness will soon continue. next steep rise: this year.
the chinese madness will soon continue. next steep rise: this year.
I just wish I knew of a good way to buy and sell during these times.
Always used Coinbase but that was a failure. I bought at $65 so it's not like I'm mad in the least, but I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me. I don't trust BTC-E or MtGox since I have heard horror stories out of both of them.
Guess I need to check this CampBX site out.
Always used Coinbase but that was a failure. I bought at $65 so it's not like I'm mad in the least, but I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me. I don't trust BTC-E or MtGox since I have heard horror stories out of both of them.
Guess I need to check this CampBX site out.
In one more day they will start doing ACH deposits and withdraws, cant wait!
You CAN wait. And you'll have to, since they delayed it until the 27th.
$500 is the new $100. Bitcoin will have crashes below and rallies above $500 for the next 6 months until the next bubble.
Haha. No. Barring horrible news, the next bubble will be in less than 6 months. The bubbles are speeding up now. If we consolidate and start to go up again, we are going to be testing ATHs potentially in a few weeks. At the very least, we will be pre-bubble again in the next 2-3 months at the latest.
I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me.
You couldn't sell on Coinbase?What happened?
I was thinking to myself (when Gox hit $900), "This is going up way too fast. It hasn't even taken a breath today. This reminds me of $266 in April. Maybe I should sell the coins I have on Coinbase."
Checked the chart one more time and a nosedive with a sea of red.
Alt-Tabbed back to Coinbase and hit sell when the price was still $850. It didn't go through. Tried again and got halfway through and it told me the price had changed. Hit Confirm again and I finally got out at $733.
Bought back in at $525 after the crash. I rarely trade like this (never, actually), but I knew that I was catching this one. Still I turned 3 bitcoins into 4 for free.
Then they started their "Buy at market a week from now" nonsense. But since I had money ready to buy and any other option would take at least a week anyway, I went ahead and tried it. It appears that they have locked me at $525 already (not too unbelievable since it dipped below $500 for a while). But we'll see when they go to deliver on Monday.
I just wish I knew of a good way to buy and sell during these times.
Always used Coinbase but that was a failure. I bought at $65 so it's not like I'm mad in the least, but I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me. I don't trust BTC-E or MtGox since I have heard horror stories out of both of them.
Guess I need to check this CampBX site out.
Always used Coinbase but that was a failure. I bought at $65 so it's not like I'm mad in the least, but I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me. I don't trust BTC-E or MtGox since I have heard horror stories out of both of them.
Guess I need to check this CampBX site out.
In one more day they will start doing ACH deposits and withdraws, cant wait!
I remember when they handed us all hats that said Dow 10,000 and asked everyone on the trading floor to wear them whenever we hit it in the next days for the photo op. They did not think it was as cool of a photo when people wore them when we hit it going the other way.
Well, it's higher then like, well, last week. So it's not really a crash. More like it was unsustainable for the price to keep going like that.
Not really a crash? Seriously? So when the price went from 200 to 900 in 2 weeks i guess it wasn't really a rise..
Can you even hold a bottle?!
Mod trolling a mod?
I think we will be moving a lot. Price fluctuations are getting bigger and bigger with each new upswing.
This is gonna be a wild ride indeed.
Bit too soon to call that I think. Remember, $100 was the new $120. And $120 was the new $160.
$500 is the new $100. Bitcoin will have crashes below and rallies above $500 for the next 6 months until the next bubble.
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