Author

Topic: What to expect in these days (Read 793 times)

full member
Activity: 121
Merit: 100
March 06, 2013, 08:12:41 PM
#8
So glad these people making fun of every bubble post finally got theirs. Not to brag or anything, but I sold 90% of my bitcoins at $49.00 this morning  Grin

I will be buying when price levels out again. I will probably have more than 2X the bitcoins I had this morning without paying a dime.

And I think your estimates are on point. I say we settle back in around $20.
I sold 95% of my coins at 48.5!
hero member
Activity: 715
Merit: 500
March 06, 2013, 08:11:21 PM
#7
So glad these people making fun of every bubble post finally got theirs. Not to brag or anything, but I sold 90% of my bitcoins at $49.00 this morning  Grin

I will be buying when price levels out again. I will probably have more than 2X the bitcoins I had this morning without paying a dime.

And I think your estimates are on point. I say we settle back in around $20.

When did you buy in? I got in at $19.70, sold half my holdings at $45.50, selling the rest at $35.25. Even with the crash, still more than doubled my money in the end! Will then have dry powder for when it gets low enough to buy back in.

First started buying at $5.50. This is my first sell  Smiley

I don't know this dry powder reference, but I like it! Can't wait to have 150 BTC instead of 50!
full member
Activity: 126
Merit: 100
March 06, 2013, 08:08:05 PM
#6
So glad these people making fun of every bubble post finally got theirs. Not to brag or anything, but I sold 90% of my bitcoins at $49.00 this morning  Grin

I will be buying when price levels out again. I will probably have more than 2X the bitcoins I had this morning without paying a dime.

And I think your estimates are on point. I say we settle back in around $20.

When did you buy in? I got in at $19.70, sold half my holdings at $45.50, selling the rest at $35.25. Even with the crash, still more than doubled my money in the end! Will then have dry powder for when it gets low enough to buy back in.
hero member
Activity: 715
Merit: 500
March 06, 2013, 08:01:34 PM
#5
So glad these people making fun of every bubble post finally got theirs. Not to brag or anything, but I sold 90% of my bitcoins at $49.00 this morning  Grin

I will be buying when price levels out again. I will probably have more than 2X the bitcoins I had this morning without paying a dime.

And I think your estimates are on point. I say we settle back in around $20.
member
Activity: 115
Merit: 10
March 06, 2013, 08:00:55 PM
#4
If you never heard of bitcoin and were looking at this chart, where would you call bottom? Cheesy

member
Activity: 115
Merit: 10
March 06, 2013, 07:58:29 PM
#3
[deleted]
sr. member
Activity: 462
Merit: 250
Clown prophet
March 06, 2013, 07:58:08 PM
#2
Vertical move = vertical correction  Grin
full member
Activity: 121
Merit: 100
March 06, 2013, 07:54:36 PM
#1
This is a graph of 1year of bitcoin:



The price can fall to the envelope and retrace quite a lot before resuming up: around 10-15usd is very possible.

Price ranges:
* 30-40 is expensive
* 20-30 is fair value, but the fall can overshoot
* 10-20 is a good time
* 5 is a no-brainer

It could very well super-crash to 2-4usd again. Time to buy from those claiming this was not a bubble.

A fair punishment :-)
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