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Topic: Does the bitcoin rise make any of you feel as scared as I do? (Read 1108 times)

sr. member
Activity: 516
Merit: 283
Even the biggest bull can't claim that it's not a bubble now, maybe 500 is fair but rising 200 a day makes it a bubble. So top slice at least.

is it not a bubble!

+1

Not a bubble. Just crashing up towards it's fair value.

In other news, a CNN article put BTC at $100,000 saying that it's like to be a trillion dollar market soon. Even the MSM is starting to look at the potential for bitcoins rather than having pure hit pieces all the time.

Link or it didn't happen.
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
Even the biggest bull can't claim that it's not a bubble now, maybe 500 is fair but rising 200 a day makes it a bubble. So top slice at least.

is it not a bubble!

+1

Not a bubble. Just crashing up towards it's fair value.

In other news, a CNN article put BTC at $100,000 saying that it's like to be a trillion dollar market soon. Even the MSM is starting to look at the potential for bitcoins rather than having pure hit pieces all the time.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Even the biggest bull can't claim that it's not a bubble now, maybe 500 is fair but rising 200 a day makes it a bubble. So top slice at least.

is it not a bubble!
sr. member
Activity: 308
Merit: 250
legendary
Activity: 1218
Merit: 1003
Even the biggest bull can't claim that it's not a bubble now, maybe 500 is fair but rising 200 a day makes it a bubble. So top slice at least.
sr. member
Activity: 448
Merit: 250
Where did you buy at.

If you bought at $15 or something, you're basically set. If you sell any, even if Bitcoin 'crashes' down to $266, you're still basically fine to pay your expenses till it bubbles back up again. If you bought at $300 or something, and all of your life's savings are in there, then yea, you might be a bit worried.
hero member
Activity: 811
Merit: 1000
Web Developer
If you can't handle the heat... go hang out in the shade.
sr. member
Activity: 462
Merit: 250
I'm 50/50 at this point, but once the hype in China stops..... There's really no other exchanges pushing the value higher.
full member
Activity: 141
Merit: 100
Selling is a dangerous game in a bull market like this.  Don't sell.  This is STILL just the tip of the iceberg if you're in it for the long haul.  If you're in the game for like, the next week, now might be okay to sell, but even that I'm not sure of anymore.  I sold some at $250 and bought back in at $400 at a huge loss, but I'm still profiting so far.  My strategy has changed to long buy, even on major altcoins.  It's just not worth the risk in this market.

Yeah, I switched to a long buy arbitrage investment plan after the drop from 150 to 50 and back up to 120 a couple of months ago and lost out on the short term trades. But still, the amount of money I have locked up now just makes my finger itch SO MUCH to pull the trigger on that sell button...
sr. member
Activity: 253
Merit: 1596
DTCxNMC
Selling is a dangerous game in a bull market like this.  Don't sell.  This is STILL just the tip of the iceberg if you're in it for the long haul.  If you're in the game for like, the next week, now might be okay to sell, but even that I'm not sure of anymore.  I sold some at $250 and bought back in at $400 at a huge loss, but I'm still profiting so far.  My strategy has changed to long buy, even on major altcoins.  It's just not worth the risk in this market.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sell to get your investment back if you can't handle risking your "money"
member
Activity: 93
Merit: 10
I only own 3 of them....
full member
Activity: 141
Merit: 100
After, the bitcoin increase (I bought in when it was about $150) and does it make any of you feel as nervous as me? I suddenly realize I have ALOT of money in bitcoins. My entire life savings (well I'm just a college student so it doesn't amount to TOO much but after that over 400% returns its a large amount of money to me). I feel a drop coming, but I'm not sure and I sold a couple bitcoins earlier and feel bad about it, so I'm so nervous on when I should sell (or if I should sell) and how much to sell. Its freaking me out!!!!
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