Good.
We don't want people getting in at 100 USD & offloading at 400 USD.
We want people to HODL & reach for the stars.
Cheap coins are bad.
Topic: I have a bad feeling (we might 'never' see this cheap coins again) :( (Read 2417 times)
February 09, 2015, 06:10:42 PM
February 09, 2015, 05:31:31 PM
if it put some of the large data farms in a pickle and thus eventual bankruptcy and then btc pulled its usual
rise from the dead bounce again price wise after that fact..might be worth it to get decentralization back
rise from the dead bounce again price wise after that fact..might be worth it to get decentralization back
This would be a welcome side effect. I think we'd need to take a sharp sub-100 dive at current difficulty for an extended period of 2-3 months to wipe out most of the big boys, though. Unfortunately the smart ones have probably been hedging to shut everything down completely for a while should this happen.
February 09, 2015, 10:30:06 AM
I really got a feeling that if we should see a new flash crash into the $160s or slightly below, it may be the final chance to buy at that level. The market seems to be pretty resilient to go lower at this point already, yet people expect it to dip down once again. It's a nerve-wrecking time currently.
One or two whales are enough to crash it. Surprisingly simple to comphrehend, yet many people here still don't get that. When two entities with a combined total of 30.000+ Bitcoins (or one in that matter) decide to sell bigtime and buy back lower, the price will go down. There is still way too much money to be made in this market by shorters, and there are still enough people willing to put the rest of their life savings into this game. Rest assured that we will go down again.
Can't have enough people wiling to put their live savings into the game and have that number keep growing AND have the price continue to be manipulated to the downside. At some point, market forces will turn it around. That much you can rest assured on. The only question is when
February 09, 2015, 10:15:45 AM
I really got a feeling that if we should see a new flash crash into the $160s or slightly below, it may be the final chance to buy at that level. The market seems to be pretty resilient to go lower at this point already, yet people expect it to dip down once again. It's a nerve-wrecking time currently.
It seems the market didnt move even with these really bad news about millions lost in that chinese exchange. People dont want to sell their bitcoins this cheap.Is that news actually real? I've read all kinds of things about that incident now and don't know what to believe? I really don't think such a big exchange actually existed there. It's also not one of "the big" Chinese exchanges... Strange day!
February 09, 2015, 10:11:53 AM
I really got a feeling that if we should see a new flash crash into the $160s or slightly below, it may be the final chance to buy at that level. The market seems to be pretty resilient to go lower at this point already, yet people expect it to dip down once again. It's a nerve-wrecking time currently.
One or two whales are enough to crash it. Surprisingly simple to comphrehend, yet many people here still don't get that. When two entities with a combined total of 30.000+ Bitcoins (or one in that matter) decide to sell bigtime and buy back lower, the price will go down. There is still way too much money to be made in this market by shorters, and there are still enough people willing to put the rest of their life savings into this game. Rest assured that we will go down again.
February 09, 2015, 10:07:34 AM
I really got a feeling that if we should see a new flash crash into the $160s or slightly below, it may be the final chance to buy at that level. The market seems to be pretty resilient to go lower at this point already, yet people expect it to dip down once again. It's a nerve-wrecking time currently.
It seems the market didnt move even with these really bad news about millions lost in that chinese exchange. People dont want to sell their bitcoins this cheap. February 09, 2015, 10:05:33 AM
I really got a feeling that if we should see a new flash crash into the $160s or slightly below, it may be the final chance to buy at that level. The market seems to be pretty resilient to go lower at this point already, yet people expect it to dip down once again. It's a nerve-wrecking time currently.
February 09, 2015, 02:49:19 AM
about what exactly?
You will get plenty opportunity to get $120 coins.....if you actually still want them when the time comes.
well if we get 120 usd coins and difficulty then follows....i can fire up the knc 565gh jupiter again (whoo hooo)
if it put some of the large data farms in a pickle and thus eventual bankruptcy and then btc pulled its usual
rise from the dead bounce again price wise after that fact..might be worth it to get decentralization back
anyway in it for the long haul it bounces down to 20 bucks and/or 2k i'm stuck ...it either gets in orbit or it is
crash and burn time for btc thems the bets
February 09, 2015, 12:30:17 AM
After a long and bumpy decline for almost 14 month, I might be finally wrong with my expectation of coins around $120. -> This would have given me the opportunity to reach my intended bitcoin holdings.
Wish I had bought more at $160. Am I to late to the party?
For some more days I will try to stay calm. No buying, just observing. Something is in the air.
What do you think? How are your feelings at your current dollar (long) vs. bitcoin (long) positions?
Wish I had bought more at $160. Am I to late to the party?
For some more days I will try to stay calm. No buying, just observing. Something is in the air.
What do you think? How are your feelings at your current dollar (long) vs. bitcoin (long) positions?
Be patient. It just needs a bit longer to rain through that support on 200$ but it will happen later pretty sure.
February 08, 2015, 10:55:52 PM
In the last 3 weeks bitcoins have traded below $200 exactly zero days.
In the same time period they have traded above $280 on 2 days, and above $260 on 4 days.
In that time span they have dipped below $220 on 8 days and gone above $230 on 16 separate days.
These are the facts.
Delusional beartards ignore these facts when they foolishly suggest that Bitcoin prices will head lower.
Best to ignore them.
Long term, the price of bitcoins has risen spectacularly. Short term it has made modest but substantial gains.
Only in the narrow range of the last year or so has it decreased in price.
Don't fall prey to the unscrupulous lowlifes that will try anything to coerce inexperienced coinholders into selling below fair value.
They are just opportunistic parasites looking to buy cheap.
I feel bad for the newcomers around here as I'm sure they're trying to make educated guesses and assumptions on what they should do in terms of keeping their underwater coins or selling and saying the hell with it. It's hard to say the hell with it even if they do choose to sell because this is such an exciting market. There's just so much BS being bombarded by bearcraps in such large numbers around here that the newfolk are seeing it everywhere in a place they're looking for advice. Gotta have a strong stomach in this line of interest and look for the future to unfold, which won't be a steady coin at ~200 forever. There's so much bullish fun on the horizon and I hope as many people as possible can enjoy that epic ride. In the same time period they have traded above $280 on 2 days, and above $260 on 4 days.
In that time span they have dipped below $220 on 8 days and gone above $230 on 16 separate days.
These are the facts.
Delusional beartards ignore these facts when they foolishly suggest that Bitcoin prices will head lower.
Best to ignore them.
Long term, the price of bitcoins has risen spectacularly. Short term it has made modest but substantial gains.
Only in the narrow range of the last year or so has it decreased in price.
Don't fall prey to the unscrupulous lowlifes that will try anything to coerce inexperienced coinholders into selling below fair value.
They are just opportunistic parasites looking to buy cheap.
February 08, 2015, 10:36:38 PM
After a long and bumpy decline for almost 14 month, I might be finally wrong with my expectation of coins around $120. -> This would have given me the opportunity to reach my intended bitcoin holdings.
Wish I had bought more at $160. Am I to late to the party?
For some more days I will try to stay calm. No buying, just observing. Something is in the air.
What do you think? How are your feelings at your current dollar (long) vs. bitcoin (long) positions?
Wish I had bought more at $160. Am I to late to the party?
For some more days I will try to stay calm. No buying, just observing. Something is in the air.
What do you think? How are your feelings at your current dollar (long) vs. bitcoin (long) positions?
The time to buy is just before and after the fork then hold or trade until it goes back which it will, dollar is at a peak imo so after a peak it goes to the.
Bitcoin long with Nubits and a few others if Bitcoin takes a little drop.
February 08, 2015, 10:33:44 PM
In the last 3 weeks bitcoins have traded below $200 exactly zero days.
In the same time period they have traded above $280 on 2 days, and above $260 on 4 days.
In that time span they have dipped below $220 on 8 days and gone above $230 on 16 separate days.
These are the facts.
Delusional beartards ignore these facts when they foolishly suggest that Bitcoin prices will head lower.
Best to ignore them.
Long term, the price of bitcoins has risen spectacularly. Short term it has made modest but substantial gains.
Only in the narrow range of the last year or so has it decreased in price.
Don't fall prey to the unscrupulous lowlifes that will try anything to coerce inexperienced coinholders into selling below fair value.
They are just opportunistic parasites looking to buy cheap.
In the same time period they have traded above $280 on 2 days, and above $260 on 4 days.
In that time span they have dipped below $220 on 8 days and gone above $230 on 16 separate days.
These are the facts.
Delusional beartards ignore these facts when they foolishly suggest that Bitcoin prices will head lower.
Best to ignore them.
Long term, the price of bitcoins has risen spectacularly. Short term it has made modest but substantial gains.
Only in the narrow range of the last year or so has it decreased in price.
Don't fall prey to the unscrupulous lowlifes that will try anything to coerce inexperienced coinholders into selling below fair value.
They are just opportunistic parasites looking to buy cheap.
February 08, 2015, 08:17:35 PM
Fact is we will never know when is the right time to buy. Even with my gut feeling telling it's "yes" or when the chart and order book volume tell me that "now is the time", eventually it could still be wrong. Anyway, just spread your risk and buy small and have it distribute at different price level. this way you will average out.
Best piece of advice in my opinion.True that, but sometimes if you have 0 of an asset, its good to go all in and enter the game at what you consider the lowest with a big amount. For example, if BTC goes sub 100 and you have 0... its time to not fuck around and go all in.
February 08, 2015, 05:06:32 PM
This is just a lull in the long march towards $20. There are still outstanding stolen coins in the tens of thousands to be sold. Chinese miners selling their coins as fast they mine them. Merchants unloading coins as fast as they come in. 2014 saw a long decline from 1200 to 200. It won't be as drastic as 2014 but 2015 will see a long decline from 200 to 20.
Everything else being equal, I would probably agree with this analysis.
However, everything else is far from equal. The cryptocurrency ecosystem has advance massively since 2013. There have been significant developments in infrastructure, corporate interest, regulation, capital investment, propagation, cryptocurrency derivatives startups and new exchanges.
None of that development has been priced in (well it was back in December 2013 and then it got "priced back out again" during the course of last year).
At some point, all that development and promotion will arrest the price decline and I'd venture that it well be well before $20.
February 08, 2015, 12:54:09 PM
about what exactly?
You will get plenty opportunity to get $120 coins.....if you actually still want them when the time comes.
I bought at $160 grabbing the falling knive - why would I bother buying at $120?
February 08, 2015, 12:42:16 PM
when the bears are so loud it's probably time to buy
February 08, 2015, 12:41:30 PM
about what exactly?
You will get plenty opportunity to get $120 coins.....if you actually still want them when the time comes.
February 08, 2015, 12:37:16 PM
This is just a lull in the long march towards $20.
Are you nuts? 20 $/btc is meaning only 72k $ worth Bitcoins are mined per day. You really think Bitcoin is such weak? No way it's going under 150 $.
February 08, 2015, 12:23:22 PM
Buyers are scared to buy because they're still afraid another big dip is coming into the low 100's and they don't want to buy and see their 'investment' cut in half soon after. On the other hand they're also afraid that the price is set to rise very quickly soon and they don't want to miss out on that, so there is a constant tension here which could snap at any moment. We saw a small taste of this during the rise to $300+ earlier, but it was followed quickly by a large dump so we're back to scared buyers and sellers who don't know what to do. 
i think that pretty much sums up the bitcoin market. however, because i am in position to grow more if bitcoin goes up or down then is safe to say that bitcoin will trade range bound between 210 and 230 from here on out forever.
February 08, 2015, 12:16:59 PM
Fact is we will never know when is the right time to buy. Even with my gut feeling telling it's "yes" or when the chart and order book volume tell me that "now is the time", eventually it could still be wrong. Anyway, just spread your risk and buy small and have it distribute at different price level. this way you will average out.
when is HAMMER TIME then is time to buy.
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