Thinking about Selling | Bitcointalksearch.org

ThatDGuy

hero member

Activity: 728

Merit: 500

Quote from: tooil on July 08, 2014, 10:47:59 AM

Price seems to be heading down to 500 level.

400 has a strong support base. Short of good news, I think we are heading that way.

This forum deserves a better quality troll.

tooil

full member

Activity: 181

Merit: 100

Price seems to be heading down to 500 level.

400 has a strong support base. Short of good news, I think we are heading that way.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: favelle75 on July 08, 2014, 01:33:14 AM

Quote from: falllling on June 24, 2014, 03:36:14 AM

after the 20-30% off discount auction of 30k bitcoin, the buyer will surely dump all btc at once, then we shall see $500 and $48x

better sell now or you will lose $$$

Soo.......did this happen?

yes like everything else that fallling said, it happened. was not visible here in real world, but inside his head, this and much more is happening every hour

favelle75

hero member

Activity: 910

Merit: 501

Quote from: falllling on June 24, 2014, 03:36:14 AM

after the 20-30% off discount auction of 30k bitcoin, the buyer will surely dump all btc at once, then we shall see $500 and $48x

better sell now or you will lose $$$

Soo.......did this happen?

Gargulan

full member

Activity: 231

Merit: 100

Support price is rather weak at 600 level.

maker88

sr. member

Activity: 336

Merit: 250

Quote from: wobber on July 01, 2014, 11:52:29 AM

This price increase due to NewEgg is an illusion. Coins made from selling stuff will be sold immediately. So more sell pressure.

I doubt grandma and grandpa will buy BTC only to use at NewEgg, Amazon and Ebay.

thats because grandma and grandpa go to best buy moron. they don't use computers. they're old people.

wobber

legendary

Activity: 1064

Merit: 1001

This price increase due to NewEgg is an illusion. Coins made from selling stuff will be sold immediately. So more sell pressure.

I doubt grandma and grandpa will buy BTC only to use at NewEgg, Amazon and Ebay.

Mayuyu48

hero member

Activity: 644

Merit: 500

Quote from: ThatDGuy on July 01, 2014, 11:45:02 AM

Quote from: tinof on July 01, 2014, 04:38:35 AM

Halt selling !

Now that Newegg has joined. The rest of the internet retailer may join the bandwagon.

The bandwagon was already rolling. Newegg is just following suit.

Looking forward to big A or big E now!

Hope they will accept bitcoin soon
A is amazon and E is Ebay right Grin

if NewEgg accepted bitcoin increased bitcoin price like this, what will happen if big A and big E accept bitcoin Grin

ThatDGuy

hero member

Activity: 728

Merit: 500

Quote from: tinof on July 01, 2014, 04:38:35 AM

Halt selling !

Now that Newegg has joined. The rest of the internet retailer may join the bandwagon.

The bandwagon was already rolling. Newegg is just following suit.

Looking forward to big A or big E now!

Mayuyu48

hero member

Activity: 644

Merit: 500

HODL your coins Grin

it seems bitcoin prices will climb up to another next level
maybe we can see $700 in few days
but if you can't wait it, sell some part of your coin to gain some profits

tinof

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Halt selling !

Now that Newegg has joined. The rest of the internet retailer may join the bandwagon.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: SilenceDogreat on June 30, 2014, 10:50:27 PM

I did not sir. Of course, I could have certainly made it back in before the "jump to 630"...
however, my investment in Bitcoin is still much larger than MPT would recommend anyway.

It seems my prediction about a more significant dip was incorrect though, and I will happily admit it.
Consequences of trying to minimize risk. But hey, now we're on the same side

thanks for the straightforeward answer. i did not ask to just rub it in. i asked because i know how you felt and i understood your reasoning, eventhough i came to a different conclusion.

i thought you would buy back anyway, and since i know how difficult it can be to figure out exactly when to do this, i wanted to know how you handle it. if you don´t buy back you don´t need to care.

the perma bears and some trolls can sometimes amplifiy existing fear...

i suggest the following thread the next time fear coems back:
https://bitcointalksearch.org/topic/i-am-hodling-375643

Wink

SilenceDogreat

newbie

Activity: 31

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I did not sir. Of course, I could have certainly made it back in before the "jump to 630"...
however, my investment in Bitcoin is still much larger than MPT would recommend anyway.

It seems my prediction about a more significant dip was incorrect though, and I will happily admit it.
Consequences of trying to minimize risk. But hey, now we're on the same side

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: 600watt on June 25, 2014, 03:55:08 AM

Quote from: SilenceDogreat on June 25, 2014, 03:37:23 AM

I hate to be negative in my first post - I know how people generally view that too.
So I'll start with saying I fully believe holding long-term is a fine strategy.
I'm not with the school of thought that believes 1 BTC will be worth 10K within the next year...
but I do think it will set new highs in that time frame.

Crystal ball aside, I sold over 30% of my stash this week. If you look at the numerous past trends as a guide:
significant "bad news" results in a rapid, major decline in price; significant "ambiguous news" usually results in a decline;
"good news"? typically a slow incline as long as it's outweighing the rest.

The best case scenario is that every batch goes at a premium, correct?
If you sell, sure, the price could potentially jump to 630 before you get them back.
But before that's even determined we have the "ambiguous period". I think there's opportunity with that alone...enough people are worried.
If the coins sell at a major loss and/or we see a huge dump(s) you'll probably be kicking yourself.
I won't kick myself as hard for selling some and having to buy back in for ~50 bucks more.
But I'm no Miss Cleo. Do what you think makes sense, that's always the best way to go.

ok, let us know when you buy back.

did you buy back yet ?

mmortal03

legendary

Activity: 1762

Merit: 1011

Quote from: falllling on June 25, 2014, 03:55:39 AM

no, it won't, The Bitcoin bubble bursted, after 20%-40% off discount auction, all coins will be dumpped, we are now going back to $4xx and $3xx, say GOODBYE to $600

No, say hello to $600!

negafen

full member

Activity: 218

Merit: 101

Quote from: maker88 on June 28, 2014, 09:05:48 AM

Quote from: Bogleg on June 27, 2014, 11:27:48 PM

Quote from: HurricanOday on June 27, 2014, 09:39:52 PM

I decided not to sell, looks like I made the right choice (hopefully). Looks like we are on the rise and will get back to what we were at or higher?

680+... 700?

Unrealistic expectation.

Remember this, if it is that easy to get rich, there will be no poverty in the world.

um thats a totally realistic expectation. remember for every smart person trying to get rich, theres a negative nancy like you who will stay poor because they're not willing to take the risk.

Didn't Myron Scholes say similar thing to a derivative trader before proven to be wrong?

maker88

sr. member

Activity: 336

Merit: 250

Quote from: Bogleg on June 27, 2014, 11:27:48 PM

Quote from: HurricanOday on June 27, 2014, 09:39:52 PM

I decided not to sell, looks like I made the right choice (hopefully). Looks like we are on the rise and will get back to what we were at or higher?

680+... 700?

Unrealistic expectation.

Remember this, if it is that easy to get rich, there will be no poverty in the world.

[/quote

um thats a totally realistic expectation. remember for every smart person trying to get rich, theres a negative nancy like you who will stay poor because they're not willing to take the risk.

Bogleg

full member

Activity: 185

Merit: 100

Quote from: HurricanOday on June 27, 2014, 09:39:52 PM

I decided not to sell, looks like I made the right choice (hopefully). Looks like we are on the rise and will get back to what we were at or higher?

680+... 700?

Unrealistic expectation.

Remember this, if it is that easy to get rich, there will be no poverty in the world.

HurricanOday

member

Activity: 62

Merit: 10

Mining. Hosting. Cloud Mining.

I decided not to sell, looks like I made the right choice (hopefully). Looks like we are on the rise and will get back to what we were at or higher?

680+... 700?

galbros

legendary

Activity: 1022

Merit: 1000

There is no way to know of course. However, given the auction of 30,000 coins that were otherwise off the market it would seem that the price should drop some. Of course, the price has already dropped, so is that auction already "priced in" is the real question?

I would not sell my bitcoin unless I needed the money for something. Long term bitcoin seems deflationary, assuming it can survive things like Ghash.io, China's multiple bans, incompetent operators (thank you Mark K.), and scammers, and it has done pretty amazing so far, it has a bright future.

Good Luck!

Topic: Thinking about Selling (Read 4993 times)