Topic: It's called a correction (waveaddict's bitcoin charting subscription thread) - page 34. (Read 92097 times)
March 01, 2012, 10:01:21 PM
proudhon is ruled by the short position he took which still shows him a loss. I wouldn’t listen to anyone who lets his position control him, not the other way round.
March 01, 2012, 09:33:08 PM
Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere..
This can only mean one thing......
We's going down
This can only mean one thing......
We's going down
2012 is the new 2011. $7.20 is the new $32.00.
People operating bitcoin services are learning to be more careful with their hot wallets. Both services are covering the losses, which is good news since it means they are obviously profitable. That fact will generate more interest in bitcoin services. It hasn't hit slashdot (yet), but this story has been at the top of Ycombinator all afternoon (a vulnerability in Linode is a huge deal - they are probably the third largest VPS host, after Amazon EC2 and Rackspace). Its an unfortunate incident, but its not bad press for bitcoin by a long shot (it is for Linode though).
You were "optimistic" just 5 days ago. $7.2 in 2012 is nothing like $32 in 2011. $32 was touched for a single day. But the market was brushing against $7.2 for almost two weeks. There's nothing to indicate that interest in bitcoin is waning, but much to the opposite.
March 01, 2012, 09:08:53 PM
Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere..
This can only mean one thing......
We's going down
This can only mean one thing......
We's going down
2012 is the new 2011. $7.20 is the new $32.00.
Agreed... Such a shame... there goes all we worked for..
Who and what the fuck is Linode.. they obviously SUCK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
March 01, 2012, 09:06:13 PM
Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere..
This can only mean one thing......
We's going down
This can only mean one thing......
We's going down
maybe one of their employes is the "security hole"?
March 01, 2012, 09:02:45 PM
Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere..
This can only mean one thing......
We's going down
This can only mean one thing......
We's going down
2012 is the new 2011. $7.20 is the new $32.00.
March 01, 2012, 08:59:04 PM
Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere..
This can only mean one thing......
We's going down
This can only mean one thing......
We's going down
March 01, 2012, 02:15:55 PM
today's email has been sent 
March 01, 2012, 06:13:15 AM
Personally I'm happy to hold either BTC or USD at this point; but with the long term aim of having as many BTC as possible.
If I am interested in predictions and technical analysis it is only so that during huge devaluations like last year I can get more bitcoins. Not dollars.
If I had to stop trading today and were allowed one last change (this is a stupid hypothetical, I know), I'd convert to BTC, extract them to my personal wallet and sit on them for 10 years.
I am working on the assumption that bitcoins are going to be worth $1,000 each one day. Assuming I've invested all I can afford, then the tool for getting more bitcoins is trading them up and down while they are so cheap. If my assumption is correct then every one bitcoin I can make now is $1,000 in the future. That assumption might be wrong; but it's what I work to.
good point.. See, how people react! people, who have not heard about bitcoin .. This - the financial revolution. ("pied piper coinabul" thread..)If I am interested in predictions and technical analysis it is only so that during huge devaluations like last year I can get more bitcoins. Not dollars.
If I had to stop trading today and were allowed one last change (this is a stupid hypothetical, I know), I'd convert to BTC, extract them to my personal wallet and sit on them for 10 years.
I am working on the assumption that bitcoins are going to be worth $1,000 each one day. Assuming I've invested all I can afford, then the tool for getting more bitcoins is trading them up and down while they are so cheap. If my assumption is correct then every one bitcoin I can make now is $1,000 in the future. That assumption might be wrong; but it's what I work to.
March 01, 2012, 05:09:55 AM
Personally I'm happy to hold either BTC or USD at this point; but with the long term aim of having as many BTC as possible.
If I am interested in predictions and technical analysis it is only so that during huge devaluations like last year I can get more bitcoins. Not dollars.
If I had to stop trading today and were allowed one last change (this is a stupid hypothetical, I know), I'd convert to BTC, extract them to my personal wallet and sit on them for 10 years.
I am working on the assumption that bitcoins are going to be worth $1,000 each one day. Assuming I've invested all I can afford, then the tool for getting more bitcoins is trading them up and down while they are so cheap. If my assumption is correct then every one bitcoin I can make now is $1,000 in the future. That assumption might be wrong; but it's what I work to.
If I am interested in predictions and technical analysis it is only so that during huge devaluations like last year I can get more bitcoins. Not dollars.
If I had to stop trading today and were allowed one last change (this is a stupid hypothetical, I know), I'd convert to BTC, extract them to my personal wallet and sit on them for 10 years.
I am working on the assumption that bitcoins are going to be worth $1,000 each one day. Assuming I've invested all I can afford, then the tool for getting more bitcoins is trading them up and down while they are so cheap. If my assumption is correct then every one bitcoin I can make now is $1,000 in the future. That assumption might be wrong; but it's what I work to.
March 01, 2012, 04:49:59 AM
The Bitcoins, obviously, but that can a) be very very long-term and b) Bitcoin has no 100% chance of success.
Obviously you would want to protect yourself from what happened June to November, for example. Bitcoin lost 94% of its value over this period, whereas the USD maybe did so in a century.
Obviously you would want to protect yourself from what happened June to November, for example. Bitcoin lost 94% of its value over this period, whereas the USD maybe did so in a century.
Indeed... I watched it happen. I've been bitcoining for over a year now. Personally, I take individual profits as BTC, but I occasionally diversify first to cash, then to stocks and PMs. Ideally, I diversify when Bitcoin is high and what I am short on is low.
March 01, 2012, 04:40:07 AM
The Bitcoins, obviously, but that can a) be very very long-term and b) Bitcoin has no 100% chance of success.
Obviously you would want to protect yourself from what happened June to November, for example. Bitcoin lost 94% of its value over this period, whereas the USD maybe did so in a century.
Obviously you would want to protect yourself from what happened June to November, for example. Bitcoin lost 94% of its value over this period, whereas the USD maybe did so in a century.
March 01, 2012, 04:36:57 AM
Thanks for the answer with regard to dollar deflationary effects on Bitcoin. I’m interested in how you would answer another question of mine. 
Do you believe it is foolish to take profits in BTC rather than USD? In other words, to view the bitcoins as the money and dollars the asset? Does it even matter as long as you stick to one strategy over the long run?
Do you believe it is foolish to take profits in BTC rather than USD? In other words, to view the bitcoins as the money and dollars the asset? Does it even matter as long as you stick to one strategy over the long run?
Which do you believe will hold value better over the long term?
March 01, 2012, 04:33:13 AM
Thanks for the answer with regard to dollar deflationary effects on Bitcoin. I’m interested in how you would answer another question of mine.
Do you believe it is foolish to take profits in BTC rather than USD? In other words, to view the bitcoins as the money and dollars the asset? Does it even matter as long as you stick to one strategy over the long run?
Do you believe it is foolish to take profits in BTC rather than USD? In other words, to view the bitcoins as the money and dollars the asset? Does it even matter as long as you stick to one strategy over the long run?
February 29, 2012, 11:01:04 PM
I'm here to please 
Laying it out in laymans terms, love it
check your email, subscribers
Laying it out in laymans terms, love it
February 29, 2012, 10:56:39 PM
check your email, subscribers
Laying it out in laymans terms, love it
February 29, 2012, 10:37:03 PM
check your email, subscribers
February 29, 2012, 10:18:16 PM
btw, this also means the market will now move up..
Your welcome everyone...
The best advice out there would be to do the opposite of me..
Your welcome everyone...
The best advice out there would be to do the opposite of me..
Duly noted.
Your little buy there only spiked more sells.. lol
Thank goodness.
February 29, 2012, 10:16:44 PM
btw, this also means the market will now move up..
Your welcome everyone...
The best advice out there would be to do the opposite of me..
Your welcome everyone...
The best advice out there would be to do the opposite of me..
Duly noted.
Your little buy there only spiked more sells.. lol
February 29, 2012, 09:25:28 PM
btw, this also means the market will now move up..
Your welcome everyone...
The best advice out there would be to do the opposite of me..
Your welcome everyone...
The best advice out there would be to do the opposite of me..
Duly noted.
February 29, 2012, 08:17:41 PM
btw, this also means the market will now move up..
Your welcome everyone...
The best advice out there would be to do the opposite of me..
Your welcome everyone...
The best advice out there would be to do the opposite of me..
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