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Topic: Who sold below $550? The $400 bottom is in LOL!!!! (Read 9559 times)

sr. member
Activity: 369
Merit: 250
Grin Grin Grin

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Let this serve as a lesson for the people who are now predicting the bottom is in and we'll never see $300 again and a new ATH by whenever. Don't be misled by greedy manipulators and do your own due diligence.

The price is pretty strong at around 400$ considering the negativity and the talks of the price going down sub 300$, we could be at 600$ before the end of the year and get the new spike up to a new ATH in 2015

There would have to be a catalyst in 2015 to drive a major bull run. People predicted VC money would take us to $5k per btc in July and it didn't. People said major companies accepting btc will cause mass adoption but it didn't. There actually doesn't seem to be much negativity surrounding BTC right now, just that the demand has slowed with less new people coming into BTC.
legendary
Activity: 1918
Merit: 1018
Grin Grin Grin

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Let this serve as a lesson for the people who are now predicting the bottom is in and we'll never see $300 again and a new ATH by whenever. Don't be misled by greedy manipulators and do your own due diligence.

The price is pretty strong at around 400$ considering the negativity and the talks of the price going down sub 300$, we could be at 600$ before the end of the year and get the new spike up to a new ATH in 2015
sr. member
Activity: 369
Merit: 250
Grin Grin Grin

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Let this serve as a lesson for the people who are now predicting the bottom is in and we'll never see $300 again and a new ATH by whenever. Don't be misled by greedy manipulators and do your own due diligence.
legendary
Activity: 1918
Merit: 1018
I have read so many posts about people who sold below $500, now they seem to be disappeared,
I'm just holding long term and untill now I'm pretty happy with it.

Can you tell us your average buyin price?

If you bought pre Nov 2013 it must be pretty good

At what price would you sell some?
full member
Activity: 196
Merit: 101
I have read so many posts about people who sold below $500, now they seem to be disappeared,
I'm just holding long term and untill now I'm pretty happy with it.
legendary
Activity: 1918
Merit: 1018
Lets see list of people who I read sold below 550
Veronica
Not sure who else did

There may has been as many buyers than sellers at sub550

661$ atm seems pretty low compared to an inflated USD totally overvalued and the potential of the Bitcoin protocol
hero member
Activity: 700
Merit: 500
Lets see list of people who I read sold below 550
Veronica
Not sure who else did
sr. member
Activity: 378
Merit: 255
The '400$ bottom' myth is about to get busted.  Grin

lol I guess I was wrong.

What's more important is my prediction for the rest of the year.  Cheesy

What is important is that you can make a lot of money by playing these swings.

Or lose a lot of money by playing at the wrong time.

I will just HODL!

Bitcoin history showed that most traders would have make more money by holding that playing the swings

OP statement seems smart again

Yeah, Raystonn was posting his amazing predictions, but once I kept pestering him about performance vs. buy and hold, he quit posting.  I did the math on that thread and found that buy and hold was the winner and he didn't want to admit it.
legendary
Activity: 1918
Merit: 1018
The '400$ bottom' myth is about to get busted.  Grin

lol I guess I was wrong.

What's more important is my prediction for the rest of the year.  Cheesy

What is important is that you can make a lot of money by playing these swings.

Or lose a lot of money by playing at the wrong time.

I will just HODL!

Bitcoin history showed that most traders would have make more money by holding that playing the swings

OP statement seems smart again
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Quote
You want a serious answer? Ok, as soon as it is proven that an assassination market exists that uses cryptocurrencies and that there is no other way to defeat it than drastic measures.


Assassination market = Dead pool.  Example: stiffs.com
Clint Eastwood even had a movie about it in 1988, 20 years before btc existed.  The assassination market stuff is pure hype.


That's because it wasn't feasible. Clint Eastwood made the movie as a social commentary because it could come true, and it did. With a good mixing service any 4chan psycho could make some quick weekend money by calling in a bomb threat from a throwaway phone or email address unless funds are sent to a bitcoin address. Hear me now, believe me later.
full member
Activity: 182
Merit: 100
Quote
You want a serious answer? Ok, as soon as it is proven that an assassination market exists that uses cryptocurrencies and that there is no other way to defeat it than drastic measures.


Assassination market = Dead pool.  Example: stiffs.com
Clint Eastwood even had a movie about it in 1988, 20 years before btc existed.  The assassination market stuff is pure hype.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
The '400$ bottom' myth is about to get busted.  Grin

lol I guess I was wrong.

What's more important is my prediction for the rest of the year.  Cheesy

What is important is that you can make a lot of money by playing these swings.

Or lose a lot of money by playing at the wrong time.

I will just HODL!
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
There is a good chance the USSA will do the same as China and restrict banks and payment processors from touching cryptocurrencies. That would test below 400, I assure you.

interesting. i tend to agree on the outcome, but what kind of probability do you put on this, and what kind of time frame? it seems like, thus far, USA has been pretty favorable to crypto.
SoonTM
Good lord, yet another clown to put on ignore.
You want a serious answer? Ok, as soon as it is proven that an assassination market exists that uses cryptocurrencies and that there is no other way to defeat it than drastic measures.
legendary
Activity: 3794
Merit: 5474
There is a good chance the USSA will do the same as China and restrict banks and payment processors from touching cryptocurrencies. That would test below 400, I assure you.

interesting. i tend to agree on the outcome, but what kind of probability do you put on this, and what kind of time frame? it seems like, thus far, USA has been pretty favorable to crypto.
SoonTM
Good lord, yet another clown to put on ignore.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
There is a good chance the USSA will do the same as China and restrict banks and payment processors from touching cryptocurrencies. That would test below 400, I assure you.

interesting. i tend to agree on the outcome, but what kind of probability do you put on this, and what kind of time frame? it seems like, thus far, USA has been pretty favorable to crypto.
SoonTM
hero member
Activity: 658
Merit: 500
There is a good chance the USSA will do the same as China and restrict banks and payment processors from touching cryptocurrencies. That would test below 400, I assure you.

interesting. i tend to agree on the outcome, but what kind of probability do you put on this, and what kind of time frame? it seems like, thus far, USA has been pretty favorable to crypto.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
There is a good chance the USSA will do the same as China and restrict banks and payment processors from touching cryptocurrencies. That would test below 400, I assure you.
hero member
Activity: 778
Merit: 1002
legendary
Activity: 1918
Merit: 1018
The '400$ bottom' myth is about to get busted.  Grin

.. Not really..  IMO a dip below $400 for less than 8 hours proves $400 is the current bottom...

It doesn't prove it, I hope it is but we can't say we are not done with testing the lows until the price has been higher than 600$ for months
member
Activity: 92
Merit: 10
March.. April now may and only 8 hours below $400.......................................................................................
Yes, there was some buying below $400. Still, those fakeouts are no prove for a trend reversal.

IMHO fakeouts are not even an indication for a possible change in trend direction. I'll change my opinion instantly, if you show me a statistical prove (backtests), that fakeouts indicate a trend reversal with an accuracy better than a coinflip (50%).
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