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Topic: Buy, sell, or hold? - page 3. (Read 5403 times)

hero member
Activity: 532
Merit: 500
January 30, 2013, 03:50:44 PM
#25
Afaic,All signs point to a holding pattern.Buying at such a high price seems too daring and selling right now could bring regret if the price does go higher.
legendary
Activity: 1904
Merit: 1002
January 30, 2013, 03:09:16 PM
#24
you will have to get yourself quite a large bag of popcorn, can be waiting for half a year or longer.

Yeah, I highly doubt that.  I bet we'll see another multi-dollar drop within the next couple weeks, if not sooner.  I also think we will see another drop to single digit range by the end of the year.

I was here for the last bubble and crash (when the price reached $30 and dropped down to around $2), the sentiment around here is exactly the same as it was then, just with (mostly) new people.

I believe that more of us are short, than we care to admit.

I keep hearing people talk about shorting bitcoin, but how are you doing it without bitcoinica or similar leveraged trading platform? Or are you just shorting through private btc loans? Or is the term "shorting" just being misused on this forum?

The big difference between now and summer 2011 is a question of scale.  Mining power is up, users are way up, merchants are way up, exchanges are more diverse, press is better received (more sensible comments).  I see no reason for it to crash this time.  Now there are many more people with an interest in buying the dips before they turn into valleys.  If it goes up too fast, sure, but I don't see that happening yet.
hero member
Activity: 700
Merit: 500
daytrader/superhero
January 30, 2013, 02:09:05 PM
#23
Huh, I didn't know another one had popped up....thanks, I'll have to check it out.
legendary
Activity: 947
Merit: 1042
Hamster ate my bitcoin
January 30, 2013, 02:07:37 PM
#22
I keep hearing people talk about shorting bitcoin, but how are you doing it without bitcoinica or similar leveraged trading platform? Or are you just shorting through private btc loans? Or is the term "shorting" just being misused on this forum?

Bitfinex  Tongue
hero member
Activity: 700
Merit: 500
daytrader/superhero
January 30, 2013, 01:57:03 PM
#21
you will have to get yourself quite a large bag of popcorn, can be waiting for half a year or longer.

Yeah, I highly doubt that.  I bet we'll see another multi-dollar drop within the next couple weeks, if not sooner.  I also think we will see another drop to single digit range by the end of the year.

I was here for the last bubble and crash (when the price reached $30 and dropped down to around $2), the sentiment around here is exactly the same as it was then, just with (mostly) new people.

I believe that more of us are short, than we care to admit.

I keep hearing people talk about shorting bitcoin, but how are you doing it without bitcoinica or similar leveraged trading platform? Or are you just shorting through private btc loans? Or is the term "shorting" just being misused on this forum?
hero member
Activity: 1302
Merit: 502
January 30, 2013, 11:57:59 AM
#20
Self fulfilling prophecies are my favorite!
hero member
Activity: 811
Merit: 1000
Web Developer
January 30, 2013, 11:37:24 AM
#19
Price is going to rise. People who are acquiring it to use as currency give little fucks about what the price is now since they are going to spend it. If they need $100 worth, what do they care if a coin is $20, $50, or $100?

I'm done shorting Bitcoin for a while.

Until they are a little slow with that next purchase and they see the amount their coins are worth jump up to double what they once were.  Then they start asking themselves, is there something bigger going on here?
hero member
Activity: 1302
Merit: 502
January 30, 2013, 09:53:19 AM
#18
Price is going to rise. People who are acquiring it to use as currency give little fucks about what the price is now since they are going to spend it. If they need $100 worth, what do they care if a coin is $20, $50, or $100?

I'm done shorting Bitcoin for a while.
newbie
Activity: 14
Merit: 0
January 30, 2013, 08:33:26 AM
#17
Hold some bitcoins in your wallet, maybe the price will rise..
sr. member
Activity: 504
Merit: 250
January 30, 2013, 06:45:34 AM
#16
I believe that more of us are short, than we care to admit.

legendary
Activity: 1176
Merit: 1010
Borsche
January 30, 2013, 05:07:13 AM
#15
you will have to get yourself quite a large bag of popcorn, can be waiting for half a year or longer.
hero member
Activity: 700
Merit: 500
daytrader/superhero
January 29, 2013, 09:41:13 PM
#14
Looks like there is still a lot of cautious optimism, acordding to the polls so far....


Me? I'm eating popcorn (waiting for the crash) and waiting for an entry point to profit on the bounce.
sr. member
Activity: 504
Merit: 250
January 29, 2013, 06:08:41 PM
#13
Another thing to consider, as the press has waved the Bitcoin flag persistently the last week in multiple countries, is an official response to Bitcoin. If some govenor, large bank or agency expresses concern about the threat Bitcoin poses to this and that.

Opposing wievs is what get a story going in the media, which will give even wider press coverage, but how will the market react? As Bitcoin didn't manage to crash it self this time, some politician will be strongly compelled to word some concern!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
January 29, 2013, 05:43:05 PM
#12
looking for an entry point... same thing happened with that chick i boned last night.
she didn't go down on you?  Cheesy

Is this a joke about fat chicks?

It's nice with a little breathing room to gauge the market sentiment. Are we gonna see a weekend dip?
just like the girl, bitcoin doesn't go down on you... dumb joke...

I think we'll see more then a weekend dip, if I'm right (LOL), we should expect to see mini up and down trends between 17 - 20... not sure who's going to win...My bet, the bears win this battle but lose the war.... exactly like at 7.20
sr. member
Activity: 504
Merit: 250
January 29, 2013, 05:07:15 PM
#11
looking for an entry point... same thing happened with that chick i boned last night.
she didn't go down on you?  Cheesy

Is this a joke about fat chicks?

It's nice with a little breathing room to gauge the market sentiment. Are we gonna see a weekend dip?
hero member
Activity: 530
Merit: 500
January 29, 2013, 05:03:02 PM
#10
no, but i rode her like a bull!  Cheesy

so, u no short Smiley
full member
Activity: 238
Merit: 100
January 29, 2013, 04:58:08 PM
#9
When I get money, I will buy, hold and hate on this poll.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
January 29, 2013, 03:56:20 PM
#8
Why is it that you don't buy back in and ride up before you short again?
i can't predict the future...
also I over bought at 11, so I'm just taking profit and hoping for BTC profits too!
hero member
Activity: 1302
Merit: 502
January 29, 2013, 03:51:33 PM
#7
Why is it that you don't buy back in and ride up before you short again?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
January 29, 2013, 03:49:10 PM
#6
i shorted at 13.5 and 16.5

I'm hoping to get to sell more higher, to avg out my shorts...
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