Topic: Down to 30 USD? - page 3. (Read 2339 times)
ITT someone hoping (praying) he will be able to buy at $30. Not going to happen. The exchange rate may fall more, hell it might fall to below $100, but $30 that is just the stuff dreams are made of.
The real question is: "should I take profits?"
It looks like the price is bouncing back from just below $120. I think there's a reasonable chance that it will move down to below $100 in the near-term, but it's not a certainty by any means. Ultimately, I see the long term (years) value of Bitcoin being $1k+ and I don't think the risk of liquidating some of my position now to hopefully get a discount in the near future is worth the chance that I'll end up missing out on that large growth.
It looks like the price is bouncing back from just below $120. I think there's a reasonable chance that it will move down to below $100 in the near-term, but it's not a certainty by any means. Ultimately, I see the long term (years) value of Bitcoin being $1k+ and I don't think the risk of liquidating some of my position now to hopefully get a discount in the near future is worth the chance that I'll end up missing out on that large growth.
Exchanging real money (BTC) for play money (fiat) is never a profit in my book.
The real question is: "should I take profits?"
It looks like the price is bouncing back from just below $120. I think there's a reasonable chance that it will move down to below $100 in the near-term, but it's not a certainty by any means. Ultimately, I see the long term (years) value of Bitcoin being $1k+ and I don't think the risk of liquidating some of my position now to hopefully get a discount in the near future is worth the chance that I'll end up missing out on that large growth.
It looks like the price is bouncing back from just below $120. I think there's a reasonable chance that it will move down to below $100 in the near-term, but it's not a certainty by any means. Ultimately, I see the long term (years) value of Bitcoin being $1k+ and I don't think the risk of liquidating some of my position now to hopefully get a discount in the near future is worth the chance that I'll end up missing out on that large growth.
Nope -- small correction and then upwards -- watch what happens in Cypress !
hopefully back to a new normal. this exponential growth cant last forever
The bubble has burst, but where will the correction stop? My bet is 30. What do you think?
Wait till people start coming out with derivative BTC financial instruments. Then it will get interesting. The problem is that no pair trading is available yet like all other currencies. You can't hedge.
127USD.
$85
Hopefully we go back to $30, we can get as many super cheap BTC the available fiat can buy, and in the process new and more reliable exchanges appear on the market
k so i just joimed this so i can post to a user so I gotta send 5 posts first apparantly so here goes:
I am a trader of FX markets for 2 years.
I have BROKEN EVEN trading day in and out for the past 2 years... bitcoins jumped out to me as being like GOLD (ie: scarce
but at the same time uncontrollable like pirating and also gaining major popularity. So what matters now is the major
inflows of money. Remember, its not just buyers and sellers, or more buyers than sellers, for every buyer there is always a seller
on the other end, what matters is the INFLOW of money willing to take market orders at WHATEVER the next seller is willing to sell at.
Sell offs will be very short lived now I believe
this isnt a stock...
the value will continue to increase to at least 200 in the near future (this month)
my educated guess.
I am a trader of FX markets for 2 years.
I have BROKEN EVEN trading day in and out for the past 2 years... bitcoins jumped out to me as being like GOLD (ie: scarce
but at the same time uncontrollable like pirating and also gaining major popularity. So what matters now is the major
inflows of money. Remember, its not just buyers and sellers, or more buyers than sellers, for every buyer there is always a seller
on the other end, what matters is the INFLOW of money willing to take market orders at WHATEVER the next seller is willing to sell at.
Sell offs will be very short lived now I believe
this isnt a stock...
the value will continue to increase to at least 200 in the near future (this month)
my educated guess.
The bubble has burst, but where will the correction stop? My bet is 30. What do you think?
There's a huge selloff taking place, yet the price is holding up remarkably well above $110 so far. This probably isn't a crash (but you never know!). Keep calm and... Bitcoin.
The bubble has burst, but where will the correction stop? My bet is 30. What do you think?
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