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Topic: What did you do when price passed $ 200? (Read 2884 times)

sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
April 09, 2013, 10:50:42 PM
#45
Don't be so simplistic with your bull/bears nonsense.

I own bitcoins. I am involved in bitcoin related start-ups. I love the utility of bitcoin and do believe it is an innovative platform that heralds something big (bitcoin, or something similar).

I am a former bull. I now think this could now easily go higher ($1000s, $5000s), which I suppose is a bullish statement. However, I am not delusional. There are bears, bulls, and wild hyenas. The hyenas have taken over the asylum. I would have loved to have seen a steady rise in bitcoin throughout the year. I hope I'm wrong and this is a 'snowball' as some have said. I was looking for a steady gain throughout 2013.....

I've seen this before and I tend to underestimate the exuberance of the masses. Even in 1999 (I was very young but trading), I knew we were in a bubble but that didn't mean I didn't profit from it. The people who got wiped out were the true believers, the ones who thought we were going up forever. Know that this is not some kind of 'new normal'. Be a bull, but don't be a stupid bull. Know that this cannot last forever. It works until it doesn't, and then there is a day of reckoning. Have your day in the sun but know that there will be night.

There is no way to know when the Asian gamblers will get tapped out.....

I agree, took you for not only a bear but a fear monger but i took you wrong. I wanted to invest modestly and see good gains like 250 in october. not now!

I agree that there is no way in hell thiss will sustain and it will go down, no for the moment i also agree t hat it could top 5-8k but not much more. if I see a 5k and drops to 4k ill probably sell.  but the truth is there is a fuck load of money in the world right now and if people want to keep pooring money in this thing its going to go to the moon. but there will be something> government puts the kibosh on it, hacking, better alt, emp, monster attack, that will tear it down.

im a modest bull. but enjoy the rise for sure.
legendary
Activity: 1002
Merit: 1000
Bitcoin
I've bought some more Smiley
full member
Activity: 126
Merit: 100
At first I was like


and then


then I cashed out some for bills.
hero member
Activity: 700
Merit: 500
daytrader/superhero
I locked in more profits.

Then I came here to post about the bubble.
hero member
Activity: 546
Merit: 500
I was sleeping but bitcoinity, which was still open on my computer in my bedroom starting playing some music or something and woke me up. I freaked out, where was that music coming from!
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
I transferred some bitcoins to an exchange to set up a sell for $500, since my $200 ask just got filled.
legendary
Activity: 2212
Merit: 1008
when it hit 200 i put i bid order in at 190 and went to sleep.
full member
Activity: 224
Merit: 100
I was having a talk with my therapist about my obsession with bitcoins.
member
Activity: 75
Merit: 10
I slept, woke up at 204, shrugged, and went about my day as usual. I'll probably pick myself up a nice bottle of scotch later today when the price hits 250.
If you are trading on the Canadian Virtual Exchange, then you might want to get scotch ready. $248 at this posting.

https://www.cavirtex.com/orderbook
sr. member
Activity: 406
Merit: 250
masturbated while watching a chart.
sr. member
Activity: 644
Merit: 250
I slept, woke up at 204, shrugged, and went about my day as usual. I'll probably pick myself up a nice bottle of scotch later today when the price hits 250.
member
Activity: 98
Merit: 10
Sometimes - history needs a push.
Money-Pink Floyd, Full Volume. Oh yeah.
legendary
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
There is like bazillion asian peoples and if they are dump money into this blindly expecting profit, then yeah price of BTC will go into $1,000's or even $10,000's !!!

riiiggggghhhhttttt. So the bubble keep bubbling.
hero member
Activity: 658
Merit: 500
Caveat Emptor
Sat back and rejoiced quietly like the rest of us bitcoin megalomaniacs.

Damn you work, im always stuck in work for all the milestones  Roll Eyes
full member
Activity: 182
Merit: 100
There is like bazillion asian peoples and if they are dump money into this blindly expecting profit, then yeah price of BTC will go into $1,000's or even $10,000's !!!
member
Activity: 70
Merit: 10
manticore can you tell me how the asian gamblers are moving the price? just curious. Never heard that b4 now.

Many, many Asian gamblers are buying in with little knowledge of the underlying mechanisms of bitcoin. They think they can double and triple their money. If this frenzy continues or gets bigger, which it could, they could easily push this to bizarre heights....

As I said in another post (I believe in BitcoinTate's original prediction post), the best thing for speculators who want bitcoin to go up, up, up, is not a big mover to come in and start buying indiscriminately, it's for 1000s of small buyers who are using fun money to essentially gamble with bitcoin.
member
Activity: 98
Merit: 10
Hack the planet!
Started to pump for 300! It won't take many days with this adoption rate!
sr. member
Activity: 350
Merit: 250
manticore can you tell me how the asian gamblers are moving the price? just curious. Never heard that b4 now.
member
Activity: 70
Merit: 10
Don't be so simplistic with your bull/bears nonsense.

I own bitcoins. I am involved in bitcoin related start-ups. I love the utility of bitcoin and do believe it is an innovative platform that heralds something big (bitcoin, or something similar).

I am a former bull. I now think this could now easily go higher ($1000s, $5000s), which I suppose is a bullish statement. However, I am not delusional. There are bears, bulls, and wild hyenas. The hyenas have taken over the asylum. I would have loved to have seen a steady rise in bitcoin throughout the year. I hope I'm wrong and this is a 'snowball' as some have said. I was looking for a steady gain throughout 2013.....

I've seen this before and I tend to underestimate the exuberance of the masses. Even in 1999 (I was very young but trading), I knew we were in a bubble but that didn't mean I didn't profit from it. The people who got wiped out were the true believers, the ones who thought we were going up forever. Know that this is not some kind of 'new normal'. Be a bull, but don't be a stupid bull. Know that this cannot last forever. It works until it doesn't, and then there is a day of reckoning. Have your day in the sun but know that there will be night.

There is no way to know when the Asian gamblers will get tapped out.....
member
Activity: 63
Merit: 10
i bought 2 more coins  Huh WTF
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