Aaaaand Back to $220! It's always darkest before the dawn 
At least we are moving in the right direction now. When we get into the 300s and 400's things will pick up more speed.
3 days for the Resurrection, then 40 days until the Ascension, iirc
Topic: Why I believe a beautiful and very bullish Bitcoin storm is forming - page 3. (Read 13935 times)
January 15, 2015, 02:10:08 PM
At least we are moving in the right direction now. When we get into the 300s and 400's things will pick up more speed.
3 days for the Resurrection, then 40 days until the Ascension, iirc
January 15, 2015, 01:42:12 PM
Aaaaand Back to $220! It's always darkest before the dawn
At least we are moving in the right direction now. When we get into the 300s and 400's things will pick up more speed.
January 15, 2015, 01:25:12 PM
Aaaaand Back to $220! It's always darkest before the dawn
January 14, 2015, 02:47:59 PM
It would be stupid to sell now I believe. This is all just part of the "storm." The rebound will just be all the more exciting when it happens. My husband isn't quite as bullish as I am though. He was even talking about selling and walking away this morning. That kind of talk just drives me crazy!
A bull married to a bear is painful.
A bull married to a bear is painful.
I know the feeling BitChick, my wife is the bear now. What's worse is that she was the one screaming buy! buy! buy! when it was going up.
Gotta be in it for years to win it.
Yes! He is the one that insists we buy when the price rises. He never seems to remember this though when I remind him. Then he says "I said we should sell at X amount but you would listen." Granted, I am tend to be a very long term holder. Playing the ups and downs feels a bit risky to me because we can't always time them correctly. I just get frustrated on days like today when it the best price ever and he says we should sell them all.
All that said, we sold a large portion at $380 with Christmas to pay for and some debt we wanted to get rid of. Really we are almost 100% in the black even if Bitcoin goes to zero (not entirely because we bought a few back at $270 or so) All the trolls on here can just be quiet now. Thank you.
The old saying of buy low, sell high is very misunderstood. It is more important to buy when something is rising and doing well and when you see low volume, increase drastically as this shows institutional buying could be occurring.
Its all about looking at the graphs people and when it comes to the graphs, especially for speculative investments, history has repeated its patterns time and time again. With bitcoin right now, you can see nothing of such patterns. It would be dumb to buy right now. Hold or sell right now. Just keep in mind, the overall consensus is theres a much greater chance of your current investment losing 50% then it recovering by 50%, just look at everyone's mindset and also the lack of news in a positive light regarding bitcoin.
January 14, 2015, 02:41:56 PM
It would be stupid to sell now I believe. This is all just part of the "storm." The rebound will just be all the more exciting when it happens. My husband isn't quite as bullish as I am though. He was even talking about selling and walking away this morning. That kind of talk just drives me crazy!
A bull married to a bear is painful.
A bull married to a bear is painful.
I know the feeling BitChick, my wife is the bear now. What's worse is that she was the one screaming buy! buy! buy! when it was going up.
Gotta be in it for years to win it.
Yes! He is the one that insists we buy when the price rises. He never seems to remember this though when I remind him. Then he says "I said we should sell at X amount but you would listen." Granted, I am tend to be a very long term holder. Playing the ups and downs feels a bit risky to me because we can't always time them correctly. I just get frustrated on days like today when it the best price ever and he says we should sell them all.
All that said, we sold a large portion at $380 with Christmas to pay for and some debt we wanted to get rid of. Really we are almost 100% in the black even if Bitcoin goes to zero (not entirely because we bought a few back at $270 or so) All the trolls on here can just be quiet now. Thank you.
January 14, 2015, 01:05:40 PM
It would be stupid to sell now I believe. This is all just part of the "storm." The rebound will just be all the more exciting when it happens. My husband isn't quite as bullish as I am though. He was even talking about selling and walking away this morning. That kind of talk just drives me crazy!
A bull married to a bear is painful.
A bull married to a bear is painful.
I know the feeling BitChick, my wife is the bear now. What's worse is that she was the one screaming buy! buy! buy! when it was going up.
Gotta be in it for years to win it.
January 14, 2015, 01:02:37 PM
It would be stupid to sell now I believe. This is all just part of the "storm." The rebound will just be all the more exciting when it happens. My husband isn't quite as bullish as I am though. He was even talking about selling and walking away this morning. That kind of talk just drives me crazy!
A bull married to a bear is painful.
A perfect example of why the more rational person in a relationship should be in charge of the finances. You screwed up, royally. A bull married to a bear is painful.
January 14, 2015, 01:00:36 PM
If you think it's going to drop further, you should sell now and buy in cheaper when the bottom is finally in and *something* actually happens to warrant a rally. Which means, you might want to just get our for good now.
edit: And while I wrote those two sentences, price dropped another 10$...
edit: And while I wrote those two sentences, price dropped another 10$...
January 14, 2015, 12:57:12 PM
I'm waiting to see at what point the bearwhale has convinced all the momo traders to short and then slaughters them all.
January 14, 2015, 12:53:28 PM
It would be stupid to sell now I believe.
Now you really screwed up. January 14, 2015, 12:52:11 PM
...My husband isn't quite as bullish as I am though. He was even talking about selling and walking away this morning. That kind of talk just drives me crazy!
A bull married to a bear is painful.
A bull married to a bear is painful.
He hasn't beaten you for that last shrewd investment you made a few days ago, what was it? @ $288? Please tell me you're safe.
January 14, 2015, 12:38:55 PM
It would be stupid to sell now I believe. This is all just part of the "storm." The rebound will just be all the more exciting when it happens. My husband isn't quite as bullish as I am though. He was even talking about selling and walking away this morning. That kind of talk just drives me crazy!
A bull married to a bear is painful.
A bull married to a bear is painful.
January 14, 2015, 12:26:31 PM
Maybe another cryptocurrency will rise with improvements that will take the place of bitcoin, but I don't see anything out there right now that would be safe and secure enough for mainstream that could improve upon the credit card model. So not for several years, at least.
I see NXT as good candidate for hedge against falling BTC. For me it's No.1 to take place of fallen king and it's here today with great devs/community/features No pump there just steady growth so far.
January 14, 2015, 12:12:04 PM
"Say it ain't so, Joe!"
January 14, 2015, 12:01:40 PM
Well, I hope bitchick sold before the crash last night. Most of the permabulls on this forum like risto and sgbrett are obviously just trying to pump their holdings, and don't give a shit about the people they dupe into buying their bags from them, but bitchick genuinely believed that we'd see another ATH. Unfortunately, the great bitcoin speculative bubble has run its course and it's basically just downhill from here to obscurity.
Maybe another cryptocurrency will rise with improvements that will take the place of bitcoin, but I don't see anything out there right now that would be safe and secure enough for mainstream that could improve upon the credit card model. So not for several years, at least.
Maybe another cryptocurrency will rise with improvements that will take the place of bitcoin, but I don't see anything out there right now that would be safe and secure enough for mainstream that could improve upon the credit card model. So not for several years, at least.
January 13, 2015, 08:10:29 PM
The only thing we truly know is that no one knows what bitcoin's price is going to be 6 months from now. Drawing waves on graphs, having a 'feeling', praying to your favourite deity, wild guesses, it's all the same.
January 13, 2015, 07:59:37 PM
Most of you know that I am an unashamed Bitcoin bull and have been so for a while now, but I think we are on the verge of some exciting times.
This Bitstamp issue might actually be a huge blessing in disguise. It comes on the cusp of some major advertising for Bitcoin with the widely viewed Bitcoin Bowl and a good presence at CES this week just to name a couple things. Roger Ver is bringing some press on the main page of Yahoo today (and on Business Insider) indirectly for not being allowed in the US, but it is press nonetheless. And these are just a few small things on the top of my head. With the price undervalued right now (which I believe firmly that it is) It won't take much for the price to rebound.
That said, I feel strongly it is "when" and not "if" Bitstamp resumes operations, the price will jump and it will surprise all these newbies on the sidelines. When they see the price move as quickly as some of us know the Bitcoin price can move, they will decide to throw some money in because they don't want to miss out. That is how these bubbles begin. It will just build from there. People throw in a little money, they see how much they earn in a week and they throw in more and so it goes. How high will the price reach this time? Well that is debatable of course, but easily back to the ATH we achieved before.
So I feel like I am watching a storm in the distance and waiting for it to approach.
Hopefully it is a tsunami and not just a few rain drops.
This Bitstamp issue might actually be a huge blessing in disguise. It comes on the cusp of some major advertising for Bitcoin with the widely viewed Bitcoin Bowl and a good presence at CES this week just to name a couple things. Roger Ver is bringing some press on the main page of Yahoo today (and on Business Insider) indirectly for not being allowed in the US, but it is press nonetheless. And these are just a few small things on the top of my head. With the price undervalued right now (which I believe firmly that it is) It won't take much for the price to rebound.
That said, I feel strongly it is "when" and not "if" Bitstamp resumes operations, the price will jump and it will surprise all these newbies on the sidelines. When they see the price move as quickly as some of us know the Bitcoin price can move, they will decide to throw some money in because they don't want to miss out. That is how these bubbles begin. It will just build from there. People throw in a little money, they see how much they earn in a week and they throw in more and so it goes. How high will the price reach this time? Well that is debatable of course, but easily back to the ATH we achieved before.
So I feel like I am watching a storm in the distance and waiting for it to approach.
Hopefully it is a tsunami and not just a few rain drops.Sorry bitchick.. Bitcoin is not undervaluded. As a matter of fact.. It's over valuded today for what it is and does.
Were going down to the $100 range.. Get your orders ready.
Alrighty. If that happens you can have some bragging rights. I still don't think it will stay down there that long. We had a dip down below $100 right before the last bubble began. It could still be a very good sign this is happening.
January 13, 2015, 07:46:43 PM
Most of you know that I am an unashamed Bitcoin bull and have been so for a while now, but I think we are on the verge of some exciting times.
This Bitstamp issue might actually be a huge blessing in disguise. It comes on the cusp of some major advertising for Bitcoin with the widely viewed Bitcoin Bowl and a good presence at CES this week just to name a couple things. Roger Ver is bringing some press on the main page of Yahoo today (and on Business Insider) indirectly for not being allowed in the US, but it is press nonetheless. And these are just a few small things on the top of my head. With the price undervalued right now (which I believe firmly that it is) It won't take much for the price to rebound.
That said, I feel strongly it is "when" and not "if" Bitstamp resumes operations, the price will jump and it will surprise all these newbies on the sidelines. When they see the price move as quickly as some of us know the Bitcoin price can move, they will decide to throw some money in because they don't want to miss out. That is how these bubbles begin. It will just build from there. People throw in a little money, they see how much they earn in a week and they throw in more and so it goes. How high will the price reach this time? Well that is debatable of course, but easily back to the ATH we achieved before.
So I feel like I am watching a storm in the distance and waiting for it to approach. Hopefully it is a tsunami and not just a few rain drops.
This Bitstamp issue might actually be a huge blessing in disguise. It comes on the cusp of some major advertising for Bitcoin with the widely viewed Bitcoin Bowl and a good presence at CES this week just to name a couple things. Roger Ver is bringing some press on the main page of Yahoo today (and on Business Insider) indirectly for not being allowed in the US, but it is press nonetheless. And these are just a few small things on the top of my head. With the price undervalued right now (which I believe firmly that it is) It won't take much for the price to rebound.
That said, I feel strongly it is "when" and not "if" Bitstamp resumes operations, the price will jump and it will surprise all these newbies on the sidelines. When they see the price move as quickly as some of us know the Bitcoin price can move, they will decide to throw some money in because they don't want to miss out. That is how these bubbles begin. It will just build from there. People throw in a little money, they see how much they earn in a week and they throw in more and so it goes. How high will the price reach this time? Well that is debatable of course, but easily back to the ATH we achieved before.
So I feel like I am watching a storm in the distance and waiting for it to approach.
Hopefully it is a tsunami and not just a few rain drops.Sorry bitchick.. Bitcoin is not undervaluded. As a matter of fact.. It's over valuded today for what it is and does.
Were going down to the $100 range.. Get your orders ready.
January 13, 2015, 07:42:02 PM
Also, all this selling is just a major shaking out of weak hands. Some of us that have been through this before realize it even more now than when we first invested in BTC. The strategy is to not get emotional about it and buy more coins if possible when it dips this low.
I think that many of the long term HODLers never expected it to get this low, have already invested as much as they are able at this point in time, and simply don't have the discretionary funds at the moment to provide strong buying support. Even the Tim Drapers of the world are quite possibly tapped out for now.
January 13, 2015, 07:40:36 PM
Patience my friends. Patience.
That's what loaded (lol) and Risto (lol) said at $700, $600, $500, $400, $300, $250.So you are fully expecting Bitcoin to never go back up again ever?
To me it is just a waiting game. If anything the infrastructure supporting BTC has only been growing and the chances of BTC going to zero are becoming less and less as time goes on.
But feel free to not buy any coins, or just sell all you have if you so choose.
You, madam, have balls of steel. Many oughta learn something from you
Going a bit off topic for a moment, haven't seen loaded arround for a while. Unsettling...
Loaded does seem to time the market pretty well. Probably buying coins right now I suspect. But I agree that it is strange he hasn't shown up lately.
Also, all this selling is just a major shaking out of weak hands. Some of us that have been through this before realize it even more now than when we first invested in BTC. The strategy is to not get emotional about it and buy more coins if possible when it dips this low.
You might be as deluded as is humanly possible
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