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Topic: Its going down in a few hours (Read 5114 times)

hero member
Activity: 840
Merit: 1000
January 12, 2014, 05:41:31 PM
#66

good sell, cause whats best that can happen this week? maybe newegg takes BTC? cant see it doing much on price

considering moving 10% in to sell but its a gamble really, its not that important either.  pain in the arse having to have long term holdings i reckon.

Horrible month for Bitcoining...

China just wants to get to fk asap to allow the market to take the full force of the blow and then get back to business.

Just a couple of days ago the market was perking up and now it's having a rest we're already bored? Patience my dear chaps. Patience!  Wink


U Mad!?

It perked up and faltered well short of a very important resistance level. It then took a marked nose dive back down to 'pre perk up' levels, followed by a meagre bounce, with a slippery down trend forming. I shall go to bed tonight without any buy-ins lined up as if this sucker does go down, then I would have no idea where to place my bets, especially with this Huobi thing going on. I could wake up tmorrow and see Bitcoin trading in $700s, or if there is some significantly negative 'China' news whilst I am in dreamland, perhaps in the $400s!

Face facts T.Stuart, over the long term, Bitcoin may well reward your $1000 per coin investments, but in the immediate term all signs are a pointing towards a bear trend and I am not giving any of my money to the bear.
legendary
Activity: 2156
Merit: 1070
January 12, 2014, 05:24:58 PM
#65
BTC is hugely more popular but thats since october, what about since further back?




I don't think further back matters. The fundamentals of Bitcoin have changed. It has started an early adopter phase in businesses and in VC capital and growth development. This is only going to grow larger. One day, in the not too distant future there won't be arguments about "if" bitcoin will survive. The arguments will shift to how much of an impact it can have.

I think $10 a day in growth is a conservative long term estimate and a realistic intermediate term one.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 12, 2014, 05:21:34 PM
#64

good sell, cause whats best that can happen this week? maybe newegg takes BTC? cant see it doing much on price

considering moving 10% in to sell but its a gamble really, its not that important either.  pain in the arse having to have long term holdings i reckon.

Horrible month for Bitcoining...

China just wants to get to fk asap to allow the market to take the full force of the blow and then get back to business.

Just a couple of days ago the market was perking up and now it's having a rest we're already bored? Patience my dear chaps. Patience!  Wink

legendary
Activity: 1330
Merit: 1000
January 12, 2014, 05:19:52 PM
#63
BTC is hugely more popular but thats since october, what about since further back?


legendary
Activity: 2156
Merit: 1070
January 12, 2014, 05:16:48 PM
#62
I see a market that has increased on average $10 a day since mid October.

I see a market that is in price discovery phase and goes up and down as it is overbought and oversold.

I see a market where a certain amount of new fiat enters it every week.

So I expect that the $10 per day upward trend will more or less win out whether we have good news or bad or whether we go up or down tomorrow or this week or the next day or next week.
hero member
Activity: 840
Merit: 1000
January 12, 2014, 05:15:29 PM
#61

good sell, cause whats best that can happen this week? maybe newegg takes BTC? cant see it doing much on price

considering moving 10% in to sell but its a gamble really, its not that important either.  pain in the arse having to have long term holdings i reckon.

Horrible month for Bitcoining...

China just wants to get to fk asap to allow the market to take the full force of the blow and then get back to business.
legendary
Activity: 1330
Merit: 1000
January 12, 2014, 05:13:34 PM
#60

good sell, cause whats best that can happen this week? maybe newegg takes BTC? cant see it doing much on price

considering moving 10% in to sell but its a gamble really, its not that important either.  pain in the arse having to have long term holdings i reckon.
hero member
Activity: 840
Merit: 1000
January 12, 2014, 05:06:56 PM
#59


few days back i didnt take a $60 loss on a trade it cost me $1k in the end, felt like shit.  hey do what you like though, im still holding 60% btc and dont think i will sell no matter news maybe thats crazy

Ja, just sold at $853.....that makes for another stint of pointless trading but I just don't see any upside on the charts here, and that is without taking the Huobi possibilities into account.

Get the same feeling now as I did this morning when I was looking at $870 prices whilst holding $890 coins. I knew a nose-dive was on the cards and lined up my buy-ins accordingly, yet I never took the loss on the 3 coins that I bought at $890. If I had, I would have taken a small profit just then....albeit a totally pointless small profit but better than a pointless small loss.




LOL @ the anxiety crippled nÜb sitting holding $1000 Bitcoins:

wtf is this Karhu shit, you can't force a meme so stop this nonsense you noob

Bow down to Karhu and be spared, NüB!
legendary
Activity: 2114
Merit: 1015
January 12, 2014, 04:58:12 PM
#58
wtf is this Karhu shit, you can't force a meme so stop this nonsense you noob
legendary
Activity: 1330
Merit: 1000
January 12, 2014, 04:53:14 PM
#57


Quote

Bitcoin has sent a few people to visit the men in white coats.

Yeah nearly went that way just recently.... I come from online poker world & the variance in that game is mad, however bitcoin feels more powerful since decisions now mean extra millions in future (thats how i feel anyhow)


sticking with my huobi prediction, watch out $600
legendary
Activity: 1904
Merit: 1002
January 12, 2014, 04:39:51 PM
#56

few days back i didnt take a $60 loss on a trade it cost me $1k in the end, felt like shit.  hey do what you like though, im still holding 60% btc and dont think i will sell no matter news maybe thats crazy

That's prudent, not crazy.  And don't joke about crazy.  Bitcoin has sent a few people to visit the men in white coats.
legendary
Activity: 1330
Merit: 1000
January 12, 2014, 04:31:55 PM
#55

few days back i didnt take a $60 loss on a trade it cost me $1k in the end, felt like shit.  hey do what you like though, im still holding 60% btc and dont think i will sell no matter news maybe thats crazy
hero member
Activity: 840
Merit: 1000
January 12, 2014, 04:25:51 PM
#54
ok its for sure going down in a few hours this time

 Tongue

but 24-48 hours i need this time,

prediction reason: china bank will shut down huobi business bank account

Yep...this has me sweating streaks of piss into my pants. Huobi gets served with any kind of 'suspension', then this sucker is going down big time.

I foolishly bought a few expensive coins, but then wisely bought some cheap coins, but not enough as I wanted as i had the heavy end of my buy ins $5-$10 lower than it fell to on Stamp.

Currently need $860 to break even...contemplating on whether to sell now and take a small loss (but secure USD), or wait and see if I can break even or even take a small profit.




!! TIME TO KNEEL BEFORE KARHU AND REPENT!!



Spare me Karhu! I was lead astray!
I beg of you, let me out of Bitcoin with my shirt still on my Back!

PLEEEEEASE!
legendary
Activity: 1330
Merit: 1000
January 12, 2014, 04:18:34 PM
#53
ok its for sure going down in a few hours this time

 Tongue

but 24-48 hours i need this time,

prediction reason: china bank will shut down huobi business bank account
full member
Activity: 140
Merit: 100
Don't fear Crypto Exchanges go with honest well kn
January 11, 2014, 08:50:40 PM
#52
it's been like 16 hours seen this post last night.
hero member
Activity: 910
Merit: 501
January 11, 2014, 07:42:38 PM
#51
Hey OP looks like you was wrong I sure hope you don't advice anyone in the real world Smiley

Is it a "few hours" yet?  Wink
full member
Activity: 140
Merit: 100
Don't fear Crypto Exchanges go with honest well kn
January 11, 2014, 06:36:37 PM
#50
Hey OP looks like you was wrong I sure hope you don't advice anyone in the real world Smiley
member
Activity: 98
Merit: 10
January 11, 2014, 04:28:54 PM
#49
I love it when people assume a pricedrop is coming and the opposite happens.

I love it when people CLAIM a price drop and the opposite happens!  Smiley
To think there are entire professions of people who do this every day and get away it. Investments Adisors. Psychics. Weathermen. Sports Commentators.

Hopefully, this will all change in the future....

lmao, don't bet on it
hero member
Activity: 910
Merit: 501
January 11, 2014, 03:18:21 PM
#48
I love it when people assume a pricedrop is coming and the opposite happens.

I love it when people CLAIM a price drop and the opposite happens!  Smiley

Just like honey badger .... bitcoin don't give a fuck Cheesy

Preeeeecisely!
hero member
Activity: 910
Merit: 501
January 11, 2014, 03:17:56 PM
#47
I love it when people assume a pricedrop is coming and the opposite happens.

I love it when people CLAIM a price drop and the opposite happens!  Smiley
To think there are entire professions of people who do this every day and get away it. Investments Adisors. Psychics. Weathermen. Sports Commentators.

Hopefully, this will all change in the future....
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