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Topic: When these sources send prices down, it is a good time to buy (Read 2380 times)

hero member
Activity: 518
Merit: 500
I know it looks random, but look around $455 for a resistance point.

Support?

Yes! Thanks for the correction. Though if it did go below $455, $455 would turn into a resistance point Wink

Can't see it happening though. Market looking safe at the moment.

Actually, the day that this thread went up (or the next day) I was able to get a bunch of coins for around $420 on BitFinex. So you were close to calling the bottom.

Good to be right once a year Smiley
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I know it looks random, but look around $455 for a resistance point.

Support?

Yes! Thanks for the correction. Though if it did go below $455, $455 would turn into a resistance point Wink

Can't see it happening though. Market looking safe at the moment.

Actually, the day that this thread went up (or the next day) I was able to get a bunch of coins for around $420 on BitFinex. So you were close to calling the bottom.
hero member
Activity: 518
Merit: 500
If it drops below $455 it would be major trouble. You don't want to see the price go back to then base of the run up.  Looks pretty good in this range unless there's another panic.

Agreed.  I don't understand this desire for $300 BTC.  ~$500-$700 is great for the time being. 

I've not noticed anyone desiring $300 / BTC .... certainly not any bitcoin holders I know Wink
member
Activity: 98
Merit: 10
If it drops below $455 it would be major trouble. You don't want to see the price go back to then base of the run up.  Looks pretty good in this range unless there's another panic.

Agreed.  I don't understand this desire for $300 BTC.  ~$500-$700 is great for the time being. 
hero member
Activity: 546
Merit: 500
Carpe Diem
If it drops below $455 it would be major trouble. You don't want to see the price go back to then base of the run up.  Looks pretty good in this range unless there's another panic.
hero member
Activity: 518
Merit: 500
I know it looks random, but look around $455 for a resistance point.

Support?

Yes! Thanks for the correction. Though if it did go below $455, $455 would turn into a resistance point Wink

Can't see it happening though. Market looking safe at the moment.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
I know it looks random, but look around $455 for a resistance point.

Support?
legendary
Activity: 1470
Merit: 1007
Another thing to look for in an article is if someone calls it "bit coin" or when they speak of Satoshi they say it could be a group of people (some people cannot fathom an individual being able to create something so big). Actually a lot of focus on Satoshi as opposed to Bitcoin itself usually shows that the writer has no clue.

Might be wrong, but i recall reading a relatively convincing article? post? somewhere entertaining that possibility (based on some different language conventions being used -- either a group, or a single individual trying to add some confusion). Can't really say though if there's much merit to that, I admit.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Another thing to look for in an article is if someone calls it "bit coin" or when they speak of Satoshi they say it could be a group of people (some people cannot fathom an individual being able to create something so big). Actually a lot of focus on Satoshi as opposed to Bitcoin itself usually shows that the writer has no clue.
hero member
Activity: 518
Merit: 500
I know it looks random, but look around $455 for a resistance point.
hero member
Activity: 784
Merit: 1000
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

Already did, hope it drops more so I can buy more.

Buy/Sell   Fees   Price Per Coin   Status   Date
Buy   10,154.59 USD       18.00 BTC   100.69 USD   558.55 USD   PENDING   Dec 18, 2013

I would put the order in closer to $500.  If it hits that it will bounce up $30-40+

$500 is not a price point. watch and learn.

Yep, broke through.  It was a point earlier.  Oh fun randomness.
hero member
Activity: 518
Merit: 500
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

Already did, hope it drops more so I can buy more.

Buy/Sell   Fees   Price Per Coin   Status   Date
Buy   10,154.59 USD       18.00 BTC   100.69 USD   558.55 USD   PENDING   Dec 18, 2013

I would put the order in closer to $500.  If it hits that it will bounce up $30-40+

$500 is not a price point. watch and learn.
sr. member
Activity: 308
Merit: 250
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

Already did, hope it drops more so I can buy more.

Buy/Sell   Fees   Price Per Coin   Status   Date
Buy   10,154.59 USD       18.00 BTC   100.69 USD   558.55 USD   PENDING   Dec 18, 2013

Thats beautiful. Very good decision Smiley
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

Already did, hope it drops more so I can buy more.

Buy/Sell   Fees   Price Per Coin   Status   Date
Buy   10,154.59 USD       18.00 BTC   100.69 USD   558.55 USD   PENDING   Dec 18, 2013

Buying at a high price, and the price dropping is not the definition of profit, sorry to burst your bubble.

Having more BTC is all that matters.
hero member
Activity: 680
Merit: 500
Buying in slowly.... bring it on.
hero member
Activity: 784
Merit: 1000
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

Already did, hope it drops more so I can buy more.

Buy/Sell   Fees   Price Per Coin   Status   Date
Buy   10,154.59 USD       18.00 BTC   100.69 USD   558.55 USD   PENDING   Dec 18, 2013

I would put the order in closer to $500.  If it hits that it will bounce up $30-40+
hero member
Activity: 518
Merit: 500
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

Already did, hope it drops more so I can buy more.

Buy/Sell   Fees   Price Per Coin   Status   Date
Buy   10,154.59 USD       18.00 BTC   100.69 USD   558.55 USD   PENDING   Dec 18, 2013

Buying at a high price, and the price dropping is not the definition of profit, sorry to burst your bubble.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

Already did, hope it drops more so I can buy more.

Buy/Sell   Fees   Price Per Coin   Status   Date
Buy   10,154.59 USD       18.00 BTC   100.69 USD   558.55 USD   PENDING   Dec 18, 2013
hero member
Activity: 518
Merit: 500
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

I did.  I got in @ 550 and out at 570 a bunch of coins.  Fun.

Good for you. Currently down about $50 a coin Wink hope sincerely for a bounce
hero member
Activity: 784
Merit: 1000
Bloomberg and BusinessInsider are great sources of FUD against Bitcoin.

When people over-react to the news from these sites and drop the price, you can get a lot of cheap coins before more reputable news sources start dissecting the information and show how full of it they are.

It has been fairly consistent for a few months so use this info as you please.

Dare you to buy at the moment Smiley

I did.  I got in @ 550 and out at 570 a bunch of coins.  Fun.
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