How will you react at 02:00 UTC? | Bitcointalksearch.org

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: Elwar on April 11, 2013, 08:41:25 PM

I do not get paid until next Friday so I all I can do is watch.

are you on other exchanges? could you just sell now even if it means taking a loss to try to get the dip, say if it did go to 10 or 15 then buy up those coins to double,tripple,quadripple your coins?

ive been buying up all these cheep coins.....well at about a hundred i did, but im thinking of sell just a few so i have money to buy the ridiculously cheep coins, anything below 20 ill snag up.

NikolaTesla

newbie

Activity: 28

Merit: 0

Quote from: lemonginger on April 11, 2013, 08:57:33 PM

I predict we'll have sub $50 coins within the next 24 hours.

I still think that the non-bubble price of bitcoin based on a reasonable amount of transaction activity and hoarding is probably somewhere between $7-$15. Add on a little hype tax, and I'd start buying coins again to hold at $20. I buy coins to use at any price though.

Looks like it's headed that way, actually.

DougTanner

sr. member

Activity: 280

Merit: 250

I think I'm going to put bids from $90 down to $35 and see how many cheap coins I can pick up. Come Sunday night I'll see what has gone down and make plans from there.

lemonginger

full member

Activity: 210

Merit: 100

firstbits: 121vnq

I predict we'll have sub $50 coins within the next 24 hours.

I still think that the non-bubble price of bitcoin based on a reasonable amount of transaction activity and hoarding is probably somewhere between $7-$15. Add on a little hype tax, and I'd start buying coins again to hold at $20. I buy coins to use at any price though.

eshroom

newbie

Activity: 26

Merit: 0

Quote from: imanikin on April 11, 2013, 08:44:11 PM

I think that gox will not restart trading at 02:00 UTC. Cool

I think they may try, but the rush will screw it again.

Cut their losses is what a lot of people need to do.

HappyBitCoinUser

full member

Activity: 182

Merit: 100

Quote from: imanikin on April 11, 2013, 08:44:11 PM

I think that gox will not restart trading at 02:00 UTC. Cool

Agree

notme

legendary

Activity: 1904

Merit: 1002

I will watch it for a few minutes, edit my config file and then type
ruby bot.rb

revans

sr. member

Activity: 336

Merit: 250

Quote from: imanikin on April 11, 2013, 08:44:11 PM

I think that gox will not restart trading at 02:00 UTC. Cool

I concur.

imanikin

hero member

Activity: 702

Merit: 503

I think that gox will not restart trading at 02:00 UTC. Cool

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

I do not get paid until next Friday so I all I can do is watch.

crazy_rabbit

legendary

Activity: 1204

Merit: 1001

RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: shamntalk on April 11, 2013, 08:14:25 PM

Anyone with 1/2 a brain will cut their losses.

Losses from $5 or losses from $250?

It's only a loss right now, but it might be a gain tomorrow if you hold.

Aozora21

newbie

Activity: 42

Merit: 0

Quote from: dave111223 on April 11, 2013, 08:25:45 PM

Other exchanges have bottomed out at about $70.

I would assume that as soon as mtgox opens the price will shoot down to $70, at which point the buying will start bringing it back to somewhere around $100.

My guess is that everyone buying $50-70 coins are going to try dumping them on gox for 120 at the same time even though likely all the buys that high were canceled, and the price is going to spiral down again because of the mad dash to about 35.

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Quote from: dave111223 on April 11, 2013, 08:25:45 PM

Other exchanges have bottomed out at about $70.

I would assume that as soon as mtgox opens the price will shoot down to $70, at which point the buying will start bringing it back to somewhere around $100.

When Gox suspended trading, people who wanted to sell at all costs could easily their bitcoins out to sell at other exchanges, lowering the price on those low volume exchanges.

People who wanted to buy cheap coins on those exchanges couldn't get their $ in as easily. The speculation threads are full of people cursing that they have no fiat on these exchanges to buy cheap BTC.

aigeezer

legendary

Activity: 1450

Merit: 1013

Cryptanalyst castrated by his government, 1952

Quote from: TsuyokuNaritai on April 11, 2013, 08:20:21 PM

BTC is a roller-coaster folks.

I get your point, but from my perspective fiat is the roller coaster.

BTC is slow and steady. 11 million... drip, drip, drip... 21 million.

I'll be mining at 02:00 UTC, just like every other night (or day).

dave111223

legendary

Activity: 1190

Merit: 1001

Other exchanges have bottomed out at about $70.

I would assume that as soon as mtgox opens the price will shoot down to $70, at which point the buying will start bringing it back to somewhere around $100.

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Quote from: shamntalk on April 11, 2013, 08:14:25 PM

Anyone with 1/2 a brain will cut their losses.

Anyone with a full brain will scoop up the cheap coins. It may fall further, but not for long.

BTC is a roller-coaster folks. Hang on and enjoy the ride.

shamntalk

member

Activity: 73

Merit: 10

BTC

Anyone with 1/2 a brain will cut their losses.

chrsjrcj

full member

Activity: 280

Merit: 102

This is all I need to know:

I'm holding, but it's not Bitcoins. Give me $30 and we'll start talking.

ZephramC

sr. member

Activity: 475

Merit: 255

It will certainly be interesting. :-]

HappyBitCoinUser

full member

Activity: 182

Merit: 100

Quote from: glendall on April 11, 2013, 06:50:23 PM

Bag of chips and some beer. Don't have too too much $$ involved so I'm just going enjoy watching the ticker tonight.

+1

Topic: How will you react at 02:00 UTC? (Read 2929 times)