Author

Topic: Drumming, March to $450 again! (Read 1941 times)

member
Activity: 80
Merit: 10
November 26, 2014, 01:06:08 AM
#20
What a march! We're going toward the abyss!
full member
Activity: 219
Merit: 100
November 25, 2014, 09:34:23 PM
#19
You are wrong!
hero member
Activity: 924
Merit: 1000
November 25, 2014, 07:55:39 PM
#18
We've been lucky in some respects that the price has tested $450 early this month then back to $350.

Many on here, called $350 range as the short-term bottom, they appear to have been right so far.

Having run my own brokerage for the past year - I think sub$400 is very cheap/reasonable price to acquire BTC and for some reason we've all had plenty opportunity.

Relatively small volumes (2000BTC) on Bitstamp seems to have no trouble rising the price $10-18 dollars.

Noticing each time a subsequent NET "dump" of around (1600BTC) bringing us down $6-9 dollars.

These are just my observations over past 8 days - appears we are indeed going up albeit at a slowish rate.

We all know how volatile it comes with respect to price index - wouldn't surprise me that at some point a possibly (coordinated?) fiat injection across all exchange majors will occur to re-test $450-480.

Would advise my fellow margin traders to be careful now, and consider not selling too cheap if you are unable to liquidate:buy back within a day. I currently have BTC selling at $443 on a popular peer to peer exchange        ; ) getting fewer daily trades/volume but much less risk!
Most p2p exchanges (you are probably using LBC) use a major exchange as a base price and the seller will include a markup/discount for their specific trade. So if you are charging $443 then you are charging a ~20% premium based on the market price.
legendary
Activity: 2660
Merit: 1074
November 25, 2014, 06:35:31 PM
#17
no march so far. We are at 370's and fallling. This year is not favorable to rises, wait some months before calling moon
full member
Activity: 238
Merit: 100
November 25, 2014, 04:21:34 PM
#16
Warning: BTC-e price is crashing, it's down to $370 now, usually it's only $2 less than Bitstamp (Bitstamp is currently at $380).  Or so it seems, and I think other exchanges will follow.  OkCoin is down to $377.  Got in this morning at $382 on Bitstamp, out at $381 for a tiny loss.  Looking to get back in at $371, which is where I think we'll have some quick consolidation, then possibly back up. 

Watch out for fake bid support.  There was a fake 100 bid at $380, but you can tell it's fake because it's shorts covering and creating fake support levels - and as soon as the price dips they set it lower.

Good luck all.

Cheers for the heads-up man!!!  Just bought back recent load just sold, many thanks
full member
Activity: 238
Merit: 100
November 25, 2014, 04:17:17 PM
#15
Bottom will be < 100USD in early 2015.

That's when you have to buy.

Some people never learn...


<$100 ? Really brother ?

You expect the entire BTC market to drop >70%

Hope you patients comes good for you mate, but honestly think you'll have to place a higher Limit Order, if that's the case.

let's talk again in early 2015 ok? by then, I'll get 4x more bitcoins than you for the same money.



Wish all us Bitcoiners to do well! As we are early adopters compared to rest of the world  Wink

If the price goes to your sub$100 - cool. I buy in bulk every day so will also buy then too, just saying it's my honest opinion that we won't go that low again. Believe me mate I know where you're coming from because I was lucky to buy far below that mark once. Spent considerable time waiting for that range to come in again, but never has. Hope comes good for you man! But remember your fiat equivalent will equate to that rate. So you would need to pick up, then wait for the price to rise back to $400 (4x) for incumbent return.

Best of luck man! We'll have to see where this BTC ride takes us in near future
sr. member
Activity: 560
Merit: 250
November 25, 2014, 03:50:36 PM
#14
you rally guys are nuts.

This. Completely out of teach with reality: I sometimes ask myself how many magic mushrooms one needs to eat to get to such conclusions.
full member
Activity: 238
Merit: 100
November 25, 2014, 03:28:45 PM
#13
^   Right on    Wink


If you work hard, you'll become a Pro Trader relatively quickly see your BTC holdings increase, it's just simple mathematics.
sr. member
Activity: 246
Merit: 250
November 25, 2014, 01:38:47 PM
#12
We've been lucky in some respects that the price has tested $450 early this month then back to $350.

Many on here, called $350 range as the short-term bottom, they appear to have been right so far.

Having run my own brokerage for the past year - I think sub$400 is very cheap/reasonable price to acquire BTC and for some reason we've all had plenty opportunity.

Relatively small volumes (2000BTC) on Bitstamp seems to have no trouble rising the price $10-18 dollars.

Noticing each time a subsequent NET "dump" of around (1600BTC) bringing us down $6-9 dollars.

These are just my observations over past 8 days - appears we are indeed going up albeit at a slowish rate.

We all know how volatile it comes with respect to price index - wouldn't surprise me that at some point a possibly (coordinated?) fiat injection across all exchange majors will occur to re-test $450-480.

Would advise my fellow margin traders to be careful now, and consider not selling too cheap if you are unable to liquidate:buy back within a day. I currently have BTC selling at $443 on a popular peer to peer exchange        ; ) getting fewer daily trades/volume but much less risk!

Which popular peer to peer exchange?
legendary
Activity: 2338
Merit: 1035
November 25, 2014, 12:53:21 PM
#11
legendary
Activity: 1806
Merit: 1024
November 25, 2014, 12:50:36 PM
#10
I love the pure speculative nature of this thread. Nobody even bothers to bring up some fake arguments. That's how it's done... Grin

March $450? No way! It will top out at $449.37.

ya.ya.yo!
sr. member
Activity: 427
Merit: 250
November 25, 2014, 12:20:41 PM
#9
Bottom will be < 100USD in early 2015.

That's when you have to buy.

Some people never learn...


<$100 ? Really brother ?

You expect the entire BTC market to drop >70%

Hope you patients comes good for you mate, but honestly think you'll have to place a higher Limit Order, if that's the case.

let's talk again in early 2015 ok? by then, I'll get 4x more bitcoins than you for the same money.
legendary
Activity: 1064
Merit: 1001
November 25, 2014, 11:02:42 AM
#8
you rally guys are nuts.
full member
Activity: 154
Merit: 100
November 25, 2014, 10:55:54 AM
#7
i like your spirit , yes before New year i hope $ 450 is the most reasonable price bitcoin can reach.
and lets wait in march or april , we hope $ 600 is not only a dream.
full member
Activity: 238
Merit: 100
November 25, 2014, 10:38:30 AM
#6
Bottom will be < 100USD in early 2015.

That's when you have to buy.

Some people never learn...


<$100 ? Really brother ?

You expect the entire BTC market to drop >70%

Hope you patients comes good for you mate, but honestly think you'll have to place a higher Limit Order, if that's the case.
sr. member
Activity: 427
Merit: 250
November 25, 2014, 10:06:15 AM
#5
Bottom will be < 100USD in early 2015.

That's when you have to buy.

Some people never learn...
full member
Activity: 238
Merit: 100
November 25, 2014, 09:19:43 AM
#4
We've been lucky in some respects that the price has tested $450 early this month then back to $350.

Many on here, called $350 range as the short-term bottom, they appear to have been right so far.

Having run my own brokerage for the past year - I think sub$400 is very cheap/reasonable price to acquire BTC and for some reason we've all had plenty opportunity.

Relatively small volumes (2000BTC) on Bitstamp seems to have no trouble rising the price $10-18 dollars.

Noticing each time a subsequent NET "dump" of around (1600BTC) bringing us down $6-9 dollars.

These are just my observations over past 8 days - appears we are indeed going up albeit at a slowish rate.

We all know how volatile it comes with respect to price index - wouldn't surprise me that at some point a possibly (coordinated?) fiat injection across all exchange majors will occur to re-test $450-480.

Would advise my fellow margin traders to be careful now, and consider not selling too cheap if you are unable to liquidate:buy back within a day. I currently have BTC selling at $443 on a popular peer to peer exchange        ; ) getting fewer daily trades/volume but much less risk!
sr. member
Activity: 616
Merit: 250
November 25, 2014, 06:30:59 AM
#3
lol, just buy NOW, don't wait any second anymore before we go up again
full member
Activity: 215
Merit: 100
November 25, 2014, 05:40:49 AM
#2
Another pump and dump opportunity. You are advised to buy at the peak, probably in the low 400s, in a delirium of 'choo choo' delight, and then to sell at the bottom of the subsequent trough, at around 350, in the depths of shock and depression. By doing so, you will have the opportunity to transfer approximately 20% of your capital to the manipulators.
 Grin
hero member
Activity: 1106
Merit: 527
November 25, 2014, 05:11:52 AM
#1
At critical moment, it which the bitcoincharts does not work almost makes me miss the train  Angry

How do you think what is the price after 12 hours?
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