Well this has been a goddamn stressful 30 minutes

mrhelpful

legendary

Activity: 1456

Merit: 1002

Quote from: ~Bitcoin~ on June 21, 2016, 05:06:44 PM

I was also panicking today with sudden 100$ and more shrink in the price however within panic i try to search for the reason and found that bitfinex is down and people are panicing causing drastic drop however i think price will soon get rebound to 700+

Some people are selling off, so it puts back the price off obviosuly.

But we still got like 20 something days left or maybe even less and the halving hasnt started yet.

I would sell once it actually hits within the same week to see prices rebound before or after.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

I was also panicking today with sudden 100$ and more shrink in the price however within panic i try to search for the reason and found that bitfinex is down and people are panicing causing drastic drop however i think price will soon get rebound to 700+

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Maybe you should have bought some not-so-censorship-resistant altcoins. You snooze you lose.

glendall

legendary

Activity: 2156

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Buzz App - Spin wheel, farm rewards

Quote from: Netpyder on June 21, 2016, 03:08:40 PM

Quote from: lumeire on June 21, 2016, 01:55:12 PM

There it goes, it's already at $674. It's more than just a correction, by this time, panic would have already set in.

just bought 50btc on localbtc via swift at 750 this morning. finalised the deal. now im crying Embarrassed

Wowsers, 50btc at near the 2 year high was a pretty risky. Hope this turns around for you. I'm guessing we'll see 750 again though in the next 2 weeks.

Holdaaja

legendary

Activity: 1274

Merit: 1000

Quote from: C0inB1te on June 21, 2016, 03:18:20 PM

Quote from: Netpyder on June 21, 2016, 03:08:40 PM

Quote from: lumeire on June 21, 2016, 01:55:12 PM

There it goes, it's already at $674. It's more than just a correction, by this time, panic would have already set in.

just bought 50btc on localbtc via swift at 750 this morning. finalised the deal. now im crying Embarrassed

It was only around 715 this morning at its best... You just made someone's day lol

But it was in localbitcoin. Last 24hours highest price there is 1340 CA$ / 1 047 US$

https://bitcoinity.org/markets/localbitcoins/CAD

C0inB1te

newbie

Activity: 9

Merit: 0

Quote from: Netpyder on June 21, 2016, 03:08:40 PM

Quote from: lumeire on June 21, 2016, 01:55:12 PM

There it goes, it's already at $674. It's more than just a correction, by this time, panic would have already set in.

just bought 50btc on localbtc via swift at 750 this morning. finalised the deal. now im crying Embarrassed

It was only around 715 this morning at its best... You just made someone's day lol

Netpyder

full member

Activity: 196

Merit: 100

Scam / Scammer Hunter

Quote from: lumeire on June 21, 2016, 01:55:12 PM

There it goes, it's already at $674. It's more than just a correction, by this time, panic would have already set in.

just bought 50btc on localbtc via swift at 750 this morning. finalised the deal. now im crying Embarrassed

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

There it goes, it's already at $674. It's more than just a correction, by this time, panic would have already set in.

crairezx20

legendary

Activity: 1638

Merit: 1046

Better to dont panic and i think the price will increase again back this is just the effect of bitfinex according to other $19 million in bitcoin sold in austalia..

arvis

newbie

Activity: 48

Merit: 0

Quote from: Edwardard on June 21, 2016, 09:26:21 AM

Quote from: kwukduck on June 20, 2016, 08:49:33 PM

Quote from: ps_jb on June 20, 2016, 08:42:04 PM

Quote from: --Encrypted-- on June 20, 2016, 08:40:34 PM

looks like china is finished with the quick dump. up we go and fuck finex for the moment.

Can they get to 650?

The panic is only going to accelerate, always does... You can expect that 650 within 30 mins

Panic panic. price is down to 656$ but im not gonna sell it. im with the op and i think we will see an increase very soon. im having a target of 1000$ then i will sell my coins.

Nice bounce back.
Price seems to have some support at $650 levels.

morantis

hero member

Activity: 868

Merit: 503

Quote from: gentlemand on June 20, 2016, 09:02:17 PM

Quote from: morantis on June 20, 2016, 09:01:12 PM

Why is everyone stressing, you bought the coins when they were $250 or $275 right? this is still well above the starting price

Quite a few people will be margin trading. That adds a whole new world of hurt if there are sudden movements out of nowhere. They could be wiped out completely. They're the ones who set the prices, not the ones who bought a coin six months ago.

guess they should have read the markers better, this is not rocket science

Edwardard

hero member

Activity: 1050

Merit: 681

Quote from: kwukduck on June 20, 2016, 08:49:33 PM

Quote from: ps_jb on June 20, 2016, 08:42:04 PM

Quote from: --Encrypted-- on June 20, 2016, 08:40:34 PM

looks like china is finished with the quick dump. up we go and fuck finex for the moment.

Can they get to 650?

The panic is only going to accelerate, always does... You can expect that 650 within 30 mins

Panic panic. price is down to 656$ but im not gonna sell it. im with the op and i think we will see an increase very soon. im having a target of 1000$ then i will sell my coins.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: Holdaaja on June 21, 2016, 08:40:04 AM

Lol, I have been looking Bitfinex price of 713$ for hours, wondering why it isn't moving much Cheesy

But last 1 hour price is up 34$ (at bitstamp) so looks like we are going back up.

U do understand that markets don't just get to their final destination, by going direct, A-B?

That was a bounce.

There is more shit to come.

Holdaaja

legendary

Activity: 1274

Merit: 1000

Lol, I have been looking Bitfinex price of 713$ for hours, wondering why it isn't moving much Cheesy

But last 1 hour price is up 34$ (at bitstamp) so looks like we are going back up.

CryptoBjorn

hero member

Activity: 714

Merit: 500

Quote from: bitcoinboy12 on June 21, 2016, 06:28:29 AM

Quote from: CryptoBjorn on June 21, 2016, 06:16:10 AM

Quote from: C0inB1te on June 20, 2016, 08:30:34 PM

I need to stop watching this chart. I want to hold. I'm going to hold. But shit if I keep watching the chart right now I'm gonna go gray.

Lol i remembered doing this too when I was new in bitcoin. The price is never a good indicator to hold or sell.
The way i learned is to check historial points of bitcoin and look to date vs expectation.

Suppose the halving was coming up next week,
Short term: Hold
Long term: Hold

Short term traders option would to be selling your coins and buy back cheaper.

I guess the safe thing to do is try to reserve some and never let it out. And the rest would be free for you to play with.

That's correct. I do the same.
I have some bitcoins reserved for trading. Those coin's i won't sell till will get out of bitcoin. The other part of my bitcoin are meant for selling at the right moment.
This will probably be in a few years, because I don't see the price go to 1k anytime soon.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: MatTheCat on June 20, 2016, 08:58:02 PM

Quote from: kwukduck on June 20, 2016, 08:53:50 PM

Quote from: Alley on June 20, 2016, 08:52:19 PM

I just bought the dip. First coin I bought since $450.

Dip isn't in yet, we still have at least 20% to drop.

I love the way that the Stamp chart looks like a little dagger, being dangled off the edge of a very high cliff....will have to come up with a name for that.

'dip buyers' can be rest asssured. If price corrects heavily...and then just kind of hangs around not moving.....chance are there is more to go....lots more.

I know, I can call it, 'The Dangling Danger Dagger of Death!'

bitcoinboy12

sr. member

Activity: 518

Merit: 254

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: CryptoBjorn on June 21, 2016, 06:16:10 AM

Quote from: C0inB1te on June 20, 2016, 08:30:34 PM

I need to stop watching this chart. I want to hold. I'm going to hold. But shit if I keep watching the chart right now I'm gonna go gray.

Lol i remembered doing this too when I was new in bitcoin. The price is never a good indicator to hold or sell.
The way i learned is to check historial points of bitcoin and look to date vs expectation.

Suppose the halving was coming up next week,
Short term: Hold
Long term: Hold

Short term traders option would to be selling your coins and buy back cheaper.

I guess the safe thing to do is try to reserve some and never let it out. And the rest would be free for you to play with.

CryptoBjorn

hero member

Activity: 714

Merit: 500

Quote from: C0inB1te on June 20, 2016, 08:30:34 PM

I need to stop watching this chart. I want to hold. I'm going to hold. But shit if I keep watching the chart right now I'm gonna go gray.

Lol i remembered doing this too when I was new in bitcoin. The price is never a good indicator to hold or sell.
The way i learned is to check historial points of bitcoin and look to date vs expectation.

Suppose the halving was coming up next week,
Short term: Hold
Long term: Hold

Short term traders option would to be selling your coins and buy back cheaper.

UnDerDoG81

legendary

Activity: 2179

Merit: 1201