Topic: Where is the weekend rally? (Read 2189 times)

Quote from: RandomPedestrianN9 on June 09, 2014, 04:16:15 PM

As someone else said: take matters in your own hands people!
Buy btc! Make it go up! Grin

All I know is, it's not up to the bitcoiners and the forum users. At some point, we're gonna need a good deal of "new", "fresh" money from people who have never been involved with bitcoin before, if price is really going to sustainably rise.

Bitcoin traders have a lot of money on the exchanges or in bank waiting to buy; the number of users is growing steadily; and we are a huge financial crisis away to opening of everyone's eyes on the value of Bitcoin

Why not LTC? What makes you think people will use BTC and not something else........like gold.

Bitcoin is much more than Gold but Gold will rise tremendously in price and all natural ressources as well

LTC doesn't have much than Bitcoin hasn't and Bitcoin has a lot than LTC hasn't

Yep, btc will be the coin.
But still you can get some ltc for fun, it is growing in parallel motion to bitcoin, so you shouldn't lose much.

boumalo

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Quote from: boumalo on June 09, 2014, 04:11:31 PM

As someone else said: take matters in your own hands people!
Buy btc! Make it go up! Grin

All I know is, it's not up to the bitcoiners and the forum users. At some point, we're gonna need a good deal of "new", "fresh" money from people who have never been involved with bitcoin before, if price is really going to sustainably rise.

Bitcoin traders have a lot of money on the exchanges or in bank waiting to buy; the number of users is growing steadily; and we are a huge financial crisis away to opening of everyone's eyes on the value of Bitcoin

Why not LTC? What makes you think people will use BTC and not something else........like gold.

Bitcoin is much more than Gold but Gold will rise tremendously in price and all natural ressources as well

LTC doesn't have much than Bitcoin hasn't and Bitcoin has a lot than LTC hasn't

okthen

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Quote from: boumalo on June 09, 2014, 04:11:31 PM

As someone else said: take matters in your own hands people!
Buy btc! Make it go up! Grin

All I know is, it's not up to the bitcoiners and the forum users. At some point, we're gonna need a good deal of "new", "fresh" money from people who have never been involved with bitcoin before, if price is really going to sustainably rise.

Guess we are the ones who are already convinced!
But we can still do our part. Probably not buying, but being that annoying friend that tries to get others into btc

RandomPedestrianN9

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As someone else said: take matters in your own hands people!
Buy btc! Make it go up! Grin

All I know is, it's not up to the bitcoiners and the forum users. At some point, we're gonna need a good deal of "new", "fresh" money from people who have never been involved with bitcoin before, if price is really going to sustainably rise.

Bitcoin traders have a lot of money on the exchanges or in bank waiting to buy; the number of users is growing steadily; and we are a huge financial crisis away to opening of everyone's eyes on the value of Bitcoin

Why not LTC? What makes you think people will use BTC and not something else........like gold.

boumalo

legendary

Activity: 1918

Merit: 1018

As someone else said: take matters in your own hands people!
Buy btc! Make it go up! Grin

All I know is, it's not up to the bitcoiners and the forum users. At some point, we're gonna need a good deal of "new", "fresh" money from people who have never been involved with bitcoin before, if price is really going to sustainably rise.

Bitcoin traders have a lot of money on the exchanges or in bank waiting to buy; the number of users is growing steadily; and we are a huge financial crisis away to opening of everyone's eyes on the value of Bitcoin

CEG5952

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Activity: 658

Merit: 500

Buy and sell bitcoins,

Quote from: boumalo on June 08, 2014, 03:48:22 PM

As someone else said: take matters in your own hands people!
Buy btc! Make it go up! Grin

All I know is, it's not up to the bitcoiners and the forum users. At some point, we're gonna need a good deal of "new", "fresh" money from people who have never been involved with bitcoin before, if price is really going to sustainably rise.

okthen

hero member

Activity: 490

Merit: 500

As someone else said: take matters in your own hands people!
Buy btc! Make it go up! Grin

CEG5952

hero member

Activity: 658

Merit: 500

Buy and sell bitcoins,

Quote from: DolanDuck on June 08, 2014, 03:41:14 PM

Quote from: CEG5952 on June 08, 2014, 03:24:42 PM

Quote from: DolanDuck on June 08, 2014, 07:43:48 AM

If you aren't an expert trader with experience I recommend to hold because there are almost zero chances to lose the capital in this way.

Well, up to a certain point. I don't recommend being a total pig about it and never selling anything. I always take some profit when I'm up big, otherwise I'm kicking myself on the way down.

An easier and less risky way to increase the capital could be achieved estimating the next peak (looking at previous bubbles) and selling an increasing % of your btc savings when it cross your price.

Estimating the next peak is easier said than done; when the price was at 10$ a year and a half ago will you consider 50 100 or 300$ the peak? The peak in 2014 was 1150$..

No one can estimate the peak. But if you can sell while the price has risen 5x or 10x, and buy when it has fallen again, you ought to be in pretty good shape by now.

boumalo

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Quote from: DolanDuck on June 08, 2014, 03:41:14 PM

Quote from: CEG5952 on June 08, 2014, 03:24:42 PM

Quote from: DolanDuck on June 08, 2014, 07:43:48 AM

If you aren't an expert trader with experience I recommend to hold because there are almost zero chances to lose the capital in this way.

Well, up to a certain point. I don't recommend being a total pig about it and never selling anything. I always take some profit when I'm up big, otherwise I'm kicking myself on the way down.

An easier and less risky way to increase the capital could be achieved estimating the next peak (looking at previous bubbles) and selling an increasing % of your btc savings when it cross your price.

Estimating the next peak is easier said than done; when the price was at 10$ a year and a half ago will you consider 50 100 or 300$ the peak? The peak in 2014 was 1150$..

DolanDuck

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Quote from: CEG5952 on June 08, 2014, 03:24:42 PM

Quote from: DolanDuck on June 08, 2014, 07:43:48 AM

If you aren't an expert trader with experience I recommend to hold because there are almost zero chances to lose the capital in this way.

Well, up to a certain point. I don't recommend being a total pig about it and never selling anything. I always take some profit when I'm up big, otherwise I'm kicking myself on the way down.

An easier and less risky way to increase the capital could be achieved estimating the next peak (looking at previous bubbles) and selling an increasing % of your btc savings when it cross your price.

CEG5952

hero member

Activity: 658

Merit: 500

Buy and sell bitcoins,

Quote from: DolanDuck on June 08, 2014, 07:43:48 AM

If you aren't an expert trader with experience I recommend to hold because there are almost zero chances to lose the capital in this way.

Well, up to a certain point. I don't recommend being a total pig about it and never selling anything. I always take some profit when I'm up big, otherwise I'm kicking myself on the way down.

DolanDuck

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Activity: 196

Merit: 101

If you aren't an expert trader with experience I recommend to hold because there are almost zero chances to lose the capital in this way.

pinksheep

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True, my method wouldn't work for trading, it's just good for HODLING, & that's all I'm planning on doing

Ibian

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Quote from: pinksheep on June 08, 2014, 06:19:33 AM

Quote from: Ibian on June 08, 2014, 04:09:55 AM

Quote from: Yuki1988 on June 08, 2014, 03:45:49 AM

Quote from: Ibian on June 08, 2014, 04:09:55 AM

I don't see it.

Bitcoin doesn't use banking hours.

True.
But sadly, wire transfer deposits in exchanges depend on banking hours. Sad

If I send my money on a friday (and i usually have to) they don't show up until tues or weds. Not impressed, the banking system.

I buy through a UK company. As long as I have money in my bank account, I can send it to them instantly by debit card even if it is Sat or Sun & buy within a few minutes if I so desire. I know I pay them a premium for using their service, but it's so quick, efficient & trustworthy that I think it's worth it.

Yeah, but I'm going to be playing the trade game once we hit quad digits. And from what I have seen, Kraken is really secure, especially if you set up proper 2fa. Might as well get used to them.

pinksheep

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Quote from: Yuki1988 on June 08, 2014, 03:45:49 AM

Quote from: CEG5952 on June 07, 2014, 05:52:31 PM

I don't see it.

Bitcoin doesn't use banking hours.

True.
But sadly, wire transfer deposits in exchanges depend on banking hours. Sad

If I send my money on a friday (and i usually have to) they don't show up until tues or weds. Not impressed, the banking system.

I buy through a UK company. As long as I have money in my bank account, I can send it to them instantly by debit card even if it is Sat or Sun & buy within a few minutes if I so desire. I know I pay them a premium for using their service, but it's so quick, efficient & trustworthy that I think it's worth it.

SirChiko

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Quote from: SirChiko on June 07, 2014, 05:13:12 PM

I don't see the logic behind this...rally on weekends when banks don't work? Just pray for no drop and as soon as it isn't happening (*knock knock*) i think we are fine.

I'm not so concerned about the banking days argument. I don't think there is any basis to say that most or all new money buys immediately once on an exchange. And I imagine after this prolonged bear market, there is still lots of "old money" waiting as well.

Well i did it always the way deposit-->buy ASAP myself but it makes sense that bigger buyers leave some fiat hanging in case of drop.

Ibian

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Quote from: Yuki1988 on June 08, 2014, 03:45:49 AM

I don't see it.

Bitcoin doesn't use banking hours.

True.
But sadly, wire transfer deposits in exchanges depend on banking hours. Sad

If I send my money on a friday (and i usually have to) they don't show up until tues or weds. Not impressed, the banking system.

deadley

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