Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29407. (Read 26609558 times)

Who said anything about 40$ coins, or, now I guess 400$. I actually said I have no idea if we're going down that much.

Point is, you'd have to be a complete moron to set a fixed price target in this market and never adjust it (like some linear regression wankers like to do), but there's another option: if you want to play it slightly safer than the average buy&holder, start buying back when you have some confirmation that the trend turned around. Maybe someone with a better read of the market can see those signs already, but to me it looks like we're still on extremely shaky grounds.

Forum tolerances for this sort of discussion always go down in times of uncertainty.  People seek sanctuary in strength of belief.
 

I agree and it will get worse until the Gox drama plays out -- expect a slew of negative features in the Sunday papers as 'financial gurus' tell the general public how they "called Bitcoin" and to get out now.  But once resolved things will turn upwards.  It will be interesting to see how this period compares to the six months following April's 'crash'.

Tell that to the people who are waiting to see $40 coins since last April.

FYP

yeah you make a good point ...if this was LAND no matter how worthless it is from what it was...you could at least be sure the LAND would still be there...priced at $1 or $1000000 dollars...that is the constant...my bet is bitcoin is gonna survive...no price per coin I've no idea..but if it does survive in the long term it has to go up to something more reasonable imho of what I've put in at this stage...the truth imho is IF it DOES continue in a format people use in even 5 years say..my most dismal thought is ...anything under 1,000 usd is probably a deal on bitcoin .......or it could all go POOF I guess....it is like having 2 choices of land to buy ...on 1 choice of land they will build and airport the other nada....

so same with bitcoin ..if it works ...er I should say continue to work/survive in its manner.....you'll wonder why you did not put more $$ in

if it blows up...well..it will be just another bad investment

myself I put what I can afford into it...cause I can live with another bad investment .....as long as I know what I'm getting into

but not doing anything and having the equivalent of them building an airport on land I did not buy (or bitcoin I did not get as I am now) and I would be unconsolable

thems the breaks you put say 5K in apple computer in 1976 you'd be  a rich man

put the same 5k in Kapro as an example you are out of luck

so if you think it is here to stay imho (most of the time I too waiver) then anything under 1k is a safe bet per btc

if not well you probably an't on this forum to begin with

but the real problem I have is not the price of the coin..is how much I'm comfortable with my modest means putting into bitcoin

right now imho I should look at this as cheap coin (so I'm scrambling a bit ..nothing major...but still scrambling some $$$ together)

so it will go for most of us in the forseeable future....go to 200 a btc....is fine ...as long as btc sticks around long enough to grow and move past it....
that is what makes me scratch my head when I see the silly hairless primates we all are mucking something up like gox or bfl or whatever.....sheesh
silly humans could muck this all up yet....

what the heck its just money right ?

Searing

+1

Reads like common sense to me. And Tera is not Fonzie, not even close.

Dude (dude?), what are you smoking. No idea if we're going to hit 400 or not, but looking at the price development since pretty much exactly Feb 5 (when we were at 800, and it felt "stable" for a week or two) and saying "bears must be frustrated" in the time afterwards seems just plain silly.

That's not even a bearish statement (which I'm not anyway), but a fact. For all I know, we can turn around any minute now, but up until now (from early February), "wait and see if price goes down a bit more" worked out pretty well so far, that much you must admit, no?

Looks oversold to me.

All i see it's a triple bottom at 55x

I guess next gox update will provide a answer

When is a good time to buy then? When it goes up you're gonna say right?

Is it not possible to have an academic and scientific discussion on price trends here without constant harassment and suspicion into my whatever my personal position and agenda are? Honestly I don't care anymore whether I get filled in the 400s. Maybe I will end up having to buy in 500s (or maybe it'll end up being 300s). I would be happy to see bitcoin prices bottom out at whatever that price may be so that I can start using bitcoin as a store of value again rather than holding bitstampUSD, bitfinexUSD, btceUSD, disney dollars, etc. However, I'm not going to pretend like THIS is a good chart to buy into right now.

Explanation

Looks like it. It seems to be getting worse. Poor guy.

Tera is really becoming the 2nd fonzie

It's so funny to read posts of bears who are frustrated their $400 bid didn't fill. And slightly silly.

I bet you're a real hoot at parties. Peeing in the pool and then starting a rumor that cops are coming any minute.

http://www.reddit.com/r/Bitcoin/comments/1ymb4r/some_light_on_the_horizon_for_gox/

An argument can be made that high volatility investments demand a MORE serious investor class. You have to pick your entry and exit points much more carefully.

This is the end
http://www.youtube.com/watch?v=JSUIQgEVDM4