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Topic: Happy Days Are Here Again, BTC UP, UP, UP ... (Read 4626 times)

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
I want to do the same but my BTC are in a cold wallet and don't want to get them out of it.  Grin

Wait, hold, don't sell unless you think it's the peak, then buy low again, repeat the whole process again, profit... Wink
exactly. Avoid day-trading, try to ride the longest waves possible. that means just a few trades a year, with stable trends, like we had so far.
hero member
Activity: 588
Merit: 500
I want to do the same but my BTC are in a cold wallet and don't want to get them out of it.  Grin

Wait, hold, don't sell unless you think it's the peak, then buy low again, repeat the whole process again, profit... Wink
hero member
Activity: 644
Merit: 500
you buy at 264... then you sell at 269 ... rinse repeat

I sold at 283, made crazy money, bought back in the whole way down. so far I bought at 261, I would love lower. but it ain't happening.

bears need to realize that we have been at bottom and now it only goes up

I want to do the same but my BTC are in a cold wallet and don't want to get them out of it.  Grin
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
you buy at 264... then you sell at 269 ... rinse repeat

I sold at 283, made crazy money, bought back in the whole way down. so far I bought at 261, I would love lower. but it ain't happening.

bears need to realize that we have been at bottom and now it only goes up

As said before, the sell-offs are actually less as compared to the previous auction times (news) and buy side is currently more powerful in comparison to the bears, so lets hope the bulls get awake and just take it to some more better price as expected.

And yes, congrats for your profits and you will make more as I am sure it may go nowhere but up as the triangles are being seen again by the bots, just wait for a breakout instead of selling them at lower highs. Wink
sr. member
Activity: 294
Merit: 250
you buy at 264... then you sell at 269 ... rinse repeat

I sold at 283, made crazy money, bought back in the whole way down. so far I bought at 261, I would love lower. but it ain't happening.

bears need to realize that we have been at bottom and now it only goes up
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Don't think the auction will have big impact on the price, if any. After all, it is two weeks of mining worth of coins. I know that to most users on this forum this seems to be awfully lot, but compared to the total market cap, it is just a small amount.
If the person who buys it dumps it all, then it will have a hugee impact on the price, hopefully they will use it to help Bitcoins price.
The coins will be acquired at relatively cheap levels, compared to the previous auctions, so the chance that they hit the market immediately is very low. They must work for a much more juicy gain before that.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Its usually good early in the week. I believe it will start dropping again around Friday and stay around 240$ per btc.

Oh look it's dropping right now. I hope that it will go down to $240 for me to snatch up some coins for myself.
hero member
Activity: 490
Merit: 500
I think today may be an active day in the market. Lets wait and see, but I think it most likely just hold.

Well, I don't think so, as since that small sell-off took place, the volume has been much lower and stable to that extent only till now.
Not sure whether the auction is finished yet or not.

Actual auction ends today at 2pm EST.  Winner will be notified tomorrow, so we'll see if there's any swings pretty soon:


Thanks for the schedule.
It's unlikely then that the winner brags about it before the 10th.
legendary
Activity: 1067
Merit: 1000
Small rally from a big downtrend. Expected outcome from any speculative instrument.
sr. member
Activity: 1078
Merit: 270
Don't think the auction will have big impact on the price, if any. After all, it is two weeks of mining worth of coins. I know that to most users on this forum this seems to be awfully lot, but compared to the total market cap, it is just a small amount.
If the person who buys it dumps it all, then it will have a hugee impact on the price, hopefully they will use it to help Bitcoins price.
hero member
Activity: 966
Merit: 1000
It's Not Enough
you buy at 264... then you sell at 269 ... rinse repeat
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Don't think the auction will have big impact on the price, if any. After all, it is two weeks of mining worth of coins. I know that to most users on this forum this seems to be awfully lot, but compared to the total market cap, it is just a small amount.
hero member
Activity: 1372
Merit: 783
better everyday ♥
I think today may be an active day in the market. Lets wait and see, but I think it most likely just hold.

Well, I don't think so, as since that small sell-off took place, the volume has been much lower and stable to that extent only till now.
Not sure whether the auction is finished yet or not.

Actual auction ends today at 2pm EST.  Winner will be notified tomorrow, so we'll see if there's any swings pretty soon:

sr. member
Activity: 1078
Merit: 270
I think today may be an active day in the market. Lets wait and see, but I think it most likely just hold.

Well, I don't think so, as since that small sell-off took place, the volume has been much lower and stable to that extent only till now.
Not sure whether the auction is finished yet or not.
It seems like alot of people bought (or sold) when btc hit 261 at btc-e, volume has slowed down, but if it starts pumping a little I think trading volume will pick up.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
I think today may be an active day in the market. Lets wait and see, but I think it most likely just hold.

Well, I don't think so, as since that small sell-off took place, the volume has been much lower and stable to that extent only till now.
Not sure whether the auction is finished yet or not.
sr. member
Activity: 1078
Merit: 270
I think today may be an active day in the market. Lets wait and see, but I think it most likely just hold.
hero member
Activity: 588
Merit: 500
It look like the price is going to stay at ~270 for sometime. I hope it wont drop again.

We are bouncing off that resistance area it seems, expecting another leg up to challenge $300 very soon.
What kind of technical analysis speak is that. Bouncing off resistance? Sounds like baloney to me. Bitcoin can go up, Bitcoin can go down.

If you acknowledge that it can go up and down, surely it can bounce?

Exactly, it can go anywhere. The only thing I expect from the near days is, the resistance will become the support. Not saying whether it will see some highs, but yes, the probability of buys has increased since sell-offs have stopped these days.
hero member
Activity: 588
Merit: 501
It look like the price is going to stay at ~270 for sometime. I hope it wont drop again.

We are bouncing off that resistance area it seems, expecting another leg up to challenge $300 very soon.
What kind of technical analysis speak is that. Bouncing off resistance? Sounds like baloney to me. Bitcoin can go up, Bitcoin can go down.

If you acknowledge that it can go up and down, surely it can bounce?
legendary
Activity: 3374
Merit: 1824
Yeah, seems like the price has retraced slightly. If we look at the positive side, at 270 at least it's still considered higher than 240 level we seen weeks ago. The problem is a lot of people have high expectation that they want to see major movement. For me, even if it retraced a little, it is still good enough. As long as it increases steadily.

Very good point, I feel the same.
Of course, all of us would like to see that price of bitcoin rich higher levels in shortest time as possible but patience is required here.
In the long term, I'm confident that BTC will reach again $ 500 and more.
Q7
sr. member
Activity: 448
Merit: 250
Yeah, seems like the price has retraced slightly. If we look at the positive side, at 270 at least it's still considered higher than 240 level we seen weeks ago. The problem is a lot of people have high expectation that they want to see major movement. For me, even if it retraced a little, it is still good enough. As long as it increases steadily.
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