Author

Topic: Buy low, sell high. We have a buyers market right now! (Read 1643 times)

hero member
Activity: 588
Merit: 500
Buyer's market and yet I still can't buy because my funds are in transit to Dwolla. There's something wrong with the system.

There's something wrong with the old system. Which is why Bitcoin was invented.
full member
Activity: 157
Merit: 101
Buyer's market and yet I still can't buy because my funds are in transit to Dwolla. There's something wrong with the system.

You must diversify your trading methods.  Bitcoin is still in it's infancy and some aspects of it are still very technical.  Geek out and learn2irc on bitcoin-otc.
legendary
Activity: 2618
Merit: 1007
Compared to earlier levels, mining is still very profitable, so I would either count on the greed of people and buy or do some more calculations and conclude that mining 1 BTC costs ~1-2 USD, so they're still far overpriced.

On a side note, MtGox seems to run dry. With just 200k USD you could run the price up to 24 USD or with ~ the same sum in BTC push it down to 10 USD.
hero member
Activity: 700
Merit: 500
Buyer's market and yet I still can't buy because my funds are in transit to Dwolla. There's something wrong with the system.
newbie
Activity: 3
Merit: 0
Also remember, that price is what you pay, value is what you get.
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