day traders sell on down trends.
Long term investors just buy more BTC
Long term investors just buy more BTC
+1
No, it's not like last year.
Topic: how long did it take to go from $10 to $30 last time? (Read 2525 times)
+1
No, it's not like last year.
day traders sell on down trends.
Long term investors just buy more BTC
Long term investors just buy more BTC
does anyone remember?
Just a few days. The super bubble coincided with a bitcoin article in Wired.com and the first popular media mentions of Silk Road. My bet is many people took the new media interest as a strong buy signal, but as we saw it lasted only a few days. At the time of the super bubble there were people claiming they would be surprised if we ended 2011 below $100/btc. We barely stayed above $2 towards the end of the year.
Enjoy $10+. Hope it lasts. Be prepared to dump everything if the price shows a significant downwards trend. You don't want to sell in angst at $2 again.
At $2, I don't sell a BTC and I buy another 10K USD worth.
does anyone remember?
Just a few days. The super bubble coincided with a bitcoin article in Wired.com and the first popular media mentions of Silk Road. My bet is many people took the new media interest as a strong buy signal, but as we saw it lasted only a few days. At the time of the super bubble there were people claiming they would be surprised if we ended 2011 below $100/btc. We barely stayed above $2 towards the end of the year.
Enjoy $10+. Hope it lasts. Be prepared to dump everything if the price shows a significant downwards trend. You don't want to sell in angst at $2 again.
Watch Bitcoin Days Destroyed and time your sells accordingly. Anything else is folly.
This.
I hope folks are a bit more educated and wont panic sell like last year. I wish my crystal balls worked. Much better infrastructure all round now and less FUD.
Screw your crystal balls - you need to work on getting everyone some brass ones so no one causes a panic.
oh my god, the BUYING OPPORTUNITY OF A CRASH!
That was a crazy week. Ohhh the good old day. I managed to sell at 26 and buy a 16 like a boss.
Watch Bitcoin Days Destroyed and time your sells accordingly. Anything else is folly.
Selling @ 1,000,000,000,000 USD.
But only like .01BTC right? What would you do with more paper than that? Bleach it and start a publishing empire?
I can't agree.
http://www.youtube.com/watch?v=ekW5_--ipfw
LOL!
Selling @ 1,000,000,000,000 USD.
But only like .01BTC right? What would you do with more paper than that? Bleach it and start a publishing empire?
I can't agree.
http://www.youtube.com/watch?v=ekW5_--ipfw
Selling @ 1,000,000,000,000 USD.
But only like .01BTC right? What would you do with more paper than that? Bleach it and start a publishing empire?
Selling @ 1,000,000,000,000 USD.
But only like .01BTC right? What would you do with more paper than that? Bleach it and start a publishing empire?
CLEAR THE ROOM FOR THE MAN WITH THE NEW LOGO
Selling @ 1,000,000,000,000 USD.
too late we already hit
That is why my foolproof plan is to sell @ $33.29 (don't tell anyone).
i wonder if we'll see it rise to $35, and then everyone instinctively sells off, dropping it again.
That is why my foolproof plan is to sell @ $33.29 (don't tell anyone).
$32.61 here
*puts in sell @ $32.60*
I hope folks are a bit more educated and wont panic sell like last year. I wish my crystal balls worked. Much better infrastructure all round now and less FUD.
$32.61 here
too late we already hit
That is why my foolproof plan is to sell @ $33.29 (don't tell anyone).
i wonder if we'll see it rise to $35, and then everyone instinctively sells off, dropping it again.
That is why my foolproof plan is to sell @ $33.29 (don't tell anyone).
no, this time we go up to $50 
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