Whats your crash-comming-panic-sell number?

raskolnikovx

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Quote from: raskolnikovx on November 20, 2013, 08:52:29 PM

Just placed orders in btce to sell at 670 USD.
It's time to sleep ...
(after two hours of thinking on my orders)

Price just got to 670 USD and my order got sold.
After that price started going down at BTCe.
How cool is to sell at the top of the mountain!

JimboToronto

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You're never too old to think young.

Quote from: Elwar on November 18, 2013, 02:09:16 PM

my mortgage company already told me they will not take Bitcoin.

What? A usury-based traditional financial service business that doesn't like Bitcoin? Imagine that.

raskolnikovx

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I think we are walking little corrected steps to a stable price on 500/600 range.

TERA

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It's not how high it goes but how fast it gets there and when the last test of a daily ema was. The crashes only happen after a huge daily gain and usually when a test hasn't been done in a while. 900 the other day was an obvious sell. But if the price built slowly up to 900, with corrections, then it would not be.

You can also look at blockchain.info to see when large amounts of coins are being transferred but you're still left guessing as to exactly when the coins will be sold.

dluxltd

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I sold mine at 250... Im a retard i guess.

raskolnikovx

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Just placed orders in btce to sell at 670 USD.
It's time to sleep ...
(after two hours of thinking on my orders)

Cryddit

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Heh. Fair point.

Selling on the china exchange I couldn't have bought back in yet; I'd still be waiting for my money.

imamanandyou

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Quote from: Cryddit on November 20, 2013, 12:57:10 PM

Quote from: Cryddit on November 18, 2013, 07:17:37 PM

I'm expecting the current silliness to peak around $1000 and crash back to about $500.

Did I call it, or did I call it?

Heh. Just wish I'd been confident enough to sell at $900 and buy back in at $550.

But you told around $1000, not $900.
Or you trading at China exchanges Huh

live627

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Nervous breakdown at $ 723. Panic sold.

raskolnikovx

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Quote from: antimattercrusader on November 20, 2013, 01:00:34 PM

Quote from: AndrewWilliams on November 18, 2013, 06:03:27 PM

You guys all realize that by the time BTC hits $2,000 it will be an accepted form of payment in most places, right?

hahaha

antimattercrusader

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Quote from: AndrewWilliams on November 18, 2013, 06:03:27 PM

You guys all realize that by the time BTC hits $2,000 it will be an accepted form of payment in most places, right?

Cryddit

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Quote from: Cryddit on November 18, 2013, 07:17:37 PM

I'm expecting the current silliness to peak around $1000 and crash back to about $500.

Did I call it, or did I call it?

Heh. Just wish I'd been confident enough to sell at $900 and buy back in at $550.

Bitbuy

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Quote from: frankenmint on November 18, 2013, 05:47:39 PM

Quote from: Bitbuy on November 18, 2013, 02:57:26 PM

Keeping it at 720 USD...Might get there sooner than expected though...

Did you sell yet? its hitting your number on gox now Cheesy

Unfortunately I was sleeping while this happened; so no selling has been done Tongue

Did I say 720 USD? I meant 1720 USD... Grin

romerun

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Bitcoin is new, makes sense to hodl.

I call it top at 4000$

mgio

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I sold 250 coins last week at a little under 400. Of course I regret that now as I could have made another 80k by holding, but whatever. I really didn't expect us to hit 500. I'll be surprised if we can make it to $1000 without popping. its just going up too fast right now

Cryddit

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Quote from: wachtwoord on November 18, 2013, 07:26:59 PM

You bought at $400 and swings are the size of your mortgage. The biggest swing is what? $400? So you must have invested at least the size of your mortgage.

Don't be silly. I didn't invest $400 per coin. I invested $400 for many coins. Cool

sickpig

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Quote from: Bitcopia on November 18, 2013, 06:05:25 PM

Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Is there an exchange with a stop-loss feature or are you using a bot? Would LOVE to use a stop loss so I can stop checking price every 5 minutes.

kraken.com

Sage

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Quote from: Bitcopia on November 18, 2013, 06:05:25 PM

Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Is there an exchange with a stop-loss feature or are you using a bot? Would LOVE to use a stop loss so I can stop checking price every 5 minutes.

Bitfinex has this feature. You can put a running stop in. Place out of range of the price so that your running stop stays below the trend line.

wachtwoord

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Quote from: Cryddit on November 18, 2013, 07:23:12 PM

It was a small investment when I made it. It isn't a small investment any more.

You bought at $400 and swings are the size of your mortgage. The biggest swing is what? $400? So you must have invested at least the size of your mortgage.

Cryddit

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It was a small investment when I made it. It isn't a small investment any more.

SuperHakka

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Quote from: Cryddit on November 18, 2013, 07:17:37 PM

Rather than preparing to sell, however, I'm just going to hold on, in the expectation that in a year or two there will be a higher peak, and by that time my preparations to cash out without owing taxes will be ready to go. Grin

I learnt something in trading school long time ago and that is: never base a trading decision on tax merits. ooh arr!! good luck.

eindbaas

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umad?

sold 75% , i'm gonna rest in my bear hole tille the storm is over.
(bought at 200-350 dollars)

600watt

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Quote from: SuperHakka on November 18, 2013, 07:04:23 PM

i know what happen. the price is going to drop 50% when everyone in Western world is sleeping. they wake up and price is $400, ooh arr?! Then the real dumping begins...

so you sold at ... 380 ?

good luck, mate

wachtwoord

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Quote from: Cryddit on November 18, 2013, 07:17:37 PM

I'm expecting the current silliness to peak around $1000 and crash back to about $500.

Rather than preparing to sell, however, I'm just going to hold on, in the expectation that in a year or two there will be a higher peak, and by that time my preparations to cash out without owing taxes will be ready to go. Grin

It is stunning however, to watch something I picked up for $400 as a "whimsical long-shot entertaining" kind of investment having day-to-day swings the size of my house mortgage. And you know what, it isn't a cheap house. Shocked

Then your investment in Bitcoins isn't small either

Cryddit

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I'm expecting the current silliness to peak around $1000 and crash back to about $500.

Rather than preparing to sell, however, I'm just going to hold on, in the expectation that in a year or two there will be a higher peak, and by that time my preparations to cash out without owing taxes will be ready to go. Grin

It is stunning however, to watch something I picked up for $400 as a "whimsical long-shot entertaining" kind of investment having day-to-day swings the size of my house mortgage. And you know what, it isn't a cheap house. Shocked

bitcoin carpenter

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I plan to sell enough to cover my initial investment at 1200
I'll throw 50% of what remains into cavirtex and cbc and hope for some dividends over time while keeping the rest to play this most enjoyable of endeavors.... guessing the trends

spndr7

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After some calculations, panic sell number is 675 USD/BTC, if LTC price stays below 9 USD/LTC.

As litecoin crashed to 1 USD/LTC and bitcoin crashed to about 75 USD/btc.There has been 9 times increase in LTC price and the same has happened to bitcoin.

Already the highest is achieved that is 676 may be crash may happen any time.

SuperHakka

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i know what happen. the price is going to drop 50% when everyone in Western world is sleeping. they wake up and price is $400, ooh arr?! Then the real dumping begins...

sStC9

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Quote from: BittBurger on November 18, 2013, 06:00:19 PM

Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Can you rewrite all of this in normal english, since most of us aren't stock market junkies?

Then when you finish that, reassure me that you're not trying to compare bitcoin to stocks again ... because you're wasting your time.

The rules don't apply.

They have, and will always apply, even to bitcoin. I promise you that we will have a big correction any time soon. It always happens. But with the numbers so high right now, we might be tanking over this correction. People tend to get nervous when we're up in these numbers.

Bitcopia

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Quote from: nikanon on November 18, 2013, 06:09:35 PM

Quote from: Bitcopia on November 18, 2013, 06:05:25 PM

Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Is there an exchange with a stop-loss feature or are you using a bot? Would LOVE to use a stop loss so I can stop checking price every 5 minutes.

Campbx..

Stop-loss feature is still not enabled on CBX... Undecided

Sage

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Quote from: BittBurger on November 18, 2013, 06:00:19 PM

Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Can you rewrite all of this in normal english, since most of us aren't stock market junkies?

Then when you finish that, reassure me that you're not trying to compare bitcoin to stocks again ... because you're wasting your time.

The rules don't apply.

Good lord... look at a Bitcoin chart. Show me anywhere on that chart that doesn't perfectly match the common stock or commodity cycles.

The only difference is the cycles are far shorter with crypto currencies.

We are in the distribution phase of this cycle. It cannot keep this momentum much longer without at least doing a 50% correction. Only question is just how high does China push it. I suspect we'll all be suprised.

...The rules most definitely apply!

nikanon

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Quote from: Bitcopia on November 18, 2013, 06:05:25 PM

Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Is there an exchange with a stop-loss feature or are you using a bot? Would LOVE to use a stop loss so I can stop checking price every 5 minutes.

Campbx..

Bitcopia

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Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Is there an exchange with a stop-loss feature or are you using a bot? Would LOVE to use a stop loss so I can stop checking price every 5 minutes.

wachtwoord

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Quote from: AndrewWilliams on November 18, 2013, 06:03:27 PM

You guys all realize that by the time BTC hits $2,000 it will be an accepted form of payment in most places, right?

Tomorrow?

AndrewWilliams

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Fourth richest fictional character

You guys all realize that by the time BTC hits $2,000 it will be an accepted form of payment in most places, right?

mootinator

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Quote from: 600watt on November 18, 2013, 05:58:09 PM

Quote from: Elwar on November 18, 2013, 02:09:16 PM

What is this "sell"?

Seriously though, my mortgage is about $150k. I will sell one bitcoin when it gets that high since my mortgage company already told me they will not take Bitcoin.

epic

Heh. Corporate minds have a way of changing.

freethink2013

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We're going to have a crash but I feel it's a crash on the way to 10k so I'm not going to panic

BittBurger

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Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Can you rewrite all of this in normal english, since most of us aren't stock market junkies?

Then when you finish that, reassure me that you're not trying to compare bitcoin to stocks again ... because you're wasting your time.

The rules don't apply.

600watt

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Quote from: Elwar on November 18, 2013, 02:09:16 PM

What is this "sell"?

Seriously though, my mortgage is about $150k. I will sell one bitcoin when it gets that high since my mortgage company already told me they will not take Bitcoin.

epic

Sage

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You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

frankenmint

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HoneybadgerOfMoney.com Weed4bitcoin.com

Quote from: Bitbuy on November 18, 2013, 02:57:26 PM

Keeping it at 720 USD...Might get there sooner than expected though...

Did you sell yet? its hitting your number on gox now Cheesy

DeathAndTaxes

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Gerald Davis

based on the responses in the thread $999.99.

Heutenamos

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Act #Neutral,Think y'self as a citizen of Universe

Around $1000

Im confident many will sell at this price, so I feel big crash comming soon

Hyena

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I will not panic sell. However, 1000$ per bitcoin is a price where I will congratulate myself a bit which requires cashing out a couple of coins.

wachtwoord

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Quote from: Elwar on November 18, 2013, 02:09:16 PM

What is this "sell"?

Seriously though, my mortgage is about $150k. I will sell one bitcoin when it gets that high since my mortgage company already told me they will not take Bitcoin.

They will if it's $150k/BTC.

raskolnikovx

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This high/low gap at the gox is killing me ...
High $750 and Low $519

Bitbuy

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Keeping it at 720 USD...Might get there sooner than expected though...

NUFCrichard

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Mine was 400, oops.

raskolnikovx

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Quote from: ?? on ??

Quote from: raskolnikovx on November 18, 2013, 02:05:29 PM

I think mine is $1000
If 1 BTC gets there I will sell at least 50% of mine.
Whats yours?

You have got too many coins.
Do that.

Nop, I dont have much.
I do wanna keep buying tough so a clever sell before crash would be key.

Elwar

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Viva Ut Vivas

What is this "sell"?

Seriously though, my mortgage is about $150k. I will sell one bitcoin when it gets that high since my mortgage company already told me they will not take Bitcoin.

InwardContour

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mine is around $1k as well. uh oh, i hope not all of us plan to start dumping right then....

raskolnikovx

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I think mine is $1000
If 1 BTC gets there I will sell at least 50% of mine.
Whats yours?

Topic: Whats your crash-comming-panic-sell number? (Read 4058 times)