People wanting the price to go down so they can buy "cheap coins" are not looking at it correctly. It's all a very relative thing.
$50 coins are exceptionally profitable under the condition wherein the price rebounds, but so are $200 coins if the price skyrockets.
However, $50 coins may bankrupt you if the market never recovers.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33141. (Read 26496428 times)
June 13, 2013, 05:44:14 PM
June 13, 2013, 05:42:02 PM
You've had 4 years to buy cheap coins.
I want this heaven sent opportunity to continue
You want Bitcoin to lose 500 million in value just so you can buy a few cheap coins? Are you serious? I understand people are greedy but that greedy!?
People on this forum are looking forward to whole countries going bankrupt and you are surprised by this?
Of course , most people can't wait for another Cypress event.
Or a Yapan , or Portogoal one!
June 13, 2013, 05:41:40 PM
You've had 4 years to buy cheap coins.
I want this heaven sent opportunity to continue
You want Bitcoin to lose 500 million in value just so you can buy a few cheap coins? Are you serious? I understand people are greedy but that greedy!?
People on this forum are looking forward to whole countries going bankrupt and you are surprised by this?
Haha you've got a point there.
June 13, 2013, 05:41:16 PM
bottom calls?
I've placed quite low bids between 65-77 for now as I really don't want to buy more at this unstable time and have my "money I can afford to lose" sitting in ASICMINER which is currently going up in price. But if it goes that low I expect a fairly big bounce... we shall see
I've placed quite low bids between 65-77 for now as I really don't want to buy more at this unstable time and have my "money I can afford to lose" sitting in ASICMINER which is currently going up in price. But if it goes that low I expect a fairly big bounce... we shall see
June 13, 2013, 05:40:20 PM
You want Bitcoin to lose 500 million in value just so you can buy a few cheap coins? Are you serious? I understand people are greedy but that greedy!?
Wait, wait...
So someone holding bitcoins and wanting to become ungodly rich, that's okay.
But someone hoping for the price to go down... he's greedy?
June 13, 2013, 05:37:57 PM
You've had 4 years to buy cheap coins.
I want this heaven sent opportunity to continue
You want Bitcoin to lose 500 million in value just so you can buy a few cheap coins? Are you serious? I understand people are greedy but that greedy!?
Never underestimate greed. The problem is the lack of intelligence that seems to be going with it . . .
June 13, 2013, 05:37:28 PM
The whale who bought at 95 with slippage to 110 isn't going to be too happy I think. Will he cut his losses and sell? 
Not enough slippage for him. Wait until the order book is razor thin, then retardo-whale will strike 
If the whale was the same one which sold at $128 then he is 15,000 * $20 = $300k in profit.
I think he can afford to wait a while for his new position to be similarly profitable.
June 13, 2013, 05:37:14 PM
Now what??
June 13, 2013, 05:35:05 PM
You've had 4 years to buy cheap coins.
I want this heaven sent opportunity to continue
You want Bitcoin to lose 500 million in value just so you can buy a few cheap coins? Are you serious? I understand people are greedy but that greedy!?
People on this forum are looking forward to whole countries going bankrupt and you are surprised by this?
June 13, 2013, 05:34:15 PM
June 13, 2013, 05:34:02 PM
3000 coint till 100.
Nothing to fear.
Less than 3k now... *gulp*Nothing to fear.
June 13, 2013, 05:33:50 PM
You want Bitcoin to lose 500 million in value just so you can buy a few cheap coins? Are you serious? I understand people are greedy but that greedy!?
I am dead serious I'm dad greedy
June 13, 2013, 05:32:55 PM
Everyone is being played by the whales, it is comical to watch. They know their time is limited, so they just keep pushing down the price to acquire more while they can.
Going down, manipulation.
Going up, Bitcoin's superiority.
This forum is magic.
June 13, 2013, 05:31:11 PM
June 13, 2013, 05:30:50 PM
In my opinion, until there's another large event that brings a ton of new blood into BTC, we're going to see long-term sub-100. No volume is simply not a bullish market, so if the price stays high amidst no volume it's always because of whales making large moves, but whales can't sustain a market by themselves in the long term.
Our market is controlled completely by the whales. Left to it's own devices, we see slow increases. We move when the whales sell or buy, and lately, they have sold more than bought. This whole downturn was initiated by a single sell of 25k. BTC volume is on par with a year ago, when we were seeing slow steady increases. Dollar volume is obviously much higher. We could see sub $100 for quite a while, but it will be because the whales keep increasing supply. Everyone is being played by the whales, it is comical to watch. They know their time is limited, so they just keep pushing down the price to acquire more while they can.
June 13, 2013, 05:28:48 PM
You've had 4 years to buy cheap coins.
I want this heaven sent opportunity to continue
You want Bitcoin to lose 500 million in value just so you can buy a few cheap coins? Are you serious? I understand people are greedy but that greedy!?
June 13, 2013, 05:27:46 PM
The whale who bought at 95 with slippage to 110 isn't going to be too happy I think. Will he cut his losses and sell?
Not enough slippage for him. Wait until the order book is razor thin, then retardo-whale will strike June 13, 2013, 05:26:31 PM
Ok now we're at 104.
That was really worth it
I guess i will never really understand trading. And that's why i don't do it
That was really worth it
I guess i will never really understand trading. And that's why i don't do it
1) market is driven by speculation
2) we just had a phase of parabolic growth, followed by a bubble burst
3) new money stops flow in, old money starts flowing out because of 2.
4) a lot of "bears" are still sitting on big profits, see 2 and 3, and decide to realize those profits
There's nothing to be "known" apart from the above. Thats what you call a bear market after a bubble, This is how markets work. Bubble is not reinflating right away, market interiorizes that, prices needs to correct and adjust before a sustainable growth trend is resumed.
Coin is not hurt, Bitcoin is stronger than ever, there's no need to be in pain. Be grateful that you have the opportunity to buy cheaper coins, if you really understand Bitcoin you will realize you are actually being lucky, as the guys who had the luck to witness Bitcoin potential during the bubble to $32 while increasing their stash during the fall to $1.99.
And as I always say, short term bear doesn't change the big picture bull. Even if BTC goes to $30, that's more than double than in Jan this year. Relax. Zoom out. Bitcoin won't let you down. Just be rational, emotions won't let see you clearly.
June 13, 2013, 05:23:48 PM
I just threw 1000$ into the pile, why not ? I was 0 BTC in time to take some losses.
I'll keep buying the way down, I owe bit coin that much for being good to me.
I'll keep buying the way down, I owe bit coin that much for being good to me.
June 13, 2013, 05:22:57 PM
You've had 4 years to buy cheap coins.
I want this heaven sent opportunity to continue
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