Topic: Wohoo drop drop drop (Read 3707 times)

IMO, if you sold a good deal higher ($550+), or you haven't bought in (period), then just wait for a strong breakout on AT LEAST the 4hr, but preferably the daily. we have not gotten that yet. the down trend is still in full swing. best to wait it out. don't need to catch the very bottom (but do get those flash crash bids in!!!)

Wohoo drop drop drop and Wahaa rise rise rise
pray and strive 
keep hold and Now is the time to buy.

Sure, but you don't know how to spell "center".   

And what's with putting an "r" sound at the end of words that end in "a"... like "Idea", or "Linda"?

It's all good.   

10k BTC is a nice stash. Don't underestimate that.  Or do you speak of 5k per mBTC? 

I;ve had some of the same thoughts/isssues that you have or had.. I just decided to put all my coins into cold storage and not look at the price that often. Its hard, trust me to not look at the prices, so my goal is to look at it once a day, then once every other, etc. kind of like getting of drugs or something similar, lol...

Im in it for the long haul, Im more worried about the price in 5 to 10 years, not really today. so I dont know why its bothering me so much, I do buy a little when its low, but not that much, I dont have a ton of bitcoin but enough that if bitcoin hits 5k I should be set for life. 

I even toyed with the idea of selling yesterday and rebuying back when it hit sub 400.. glad i didn't do it. thats just another reason im glad my coins aren't on my computer, its a pain to get them out of cold storage, so it gives you time to think about it..

Now if you just have a few coins or are a day trader, then its a different mentality. But I think the best thing to do is just hold. I've already cashed out a significant amount when we were close to the ALH to get out of debt and buy a car, etc, so I dont need the money. Its my retirement.. thats how you have to look at it..When the recession hit in 2008 most people didnt sell their IRS or 401k's, they just held and now its more than recovered..

So, everyone that is nervous out there, just hodl.. it will be okay..

Prices are down almost 60% from the peak. Now is the time to buy. 

Would love coin prices to come back to earth so I could afford to buy in and have a decent holding of BTC.
As it sits now I own none and it's sad..  

agreed, bitstamp follow to $300 is just a "when" question

When someone willing to sell at 310 to get out yesterday, that kind of make me wonder if he has information which the general public has no access to yet.

too 1 is too much man, what all the asic miners will do if that happen? shoot at their head?

You are an extremely stupid person. Not only you don't know how to type properly, you are literally an idiot for your flawed reasoning. How do you know $250 will be the bottom, what made you come to this conclusion? How do you know the bottom is not at $400? Or $100? How?

$250 would be a great price to buy, no doubt

$470 is great for me, might go a little lower on my limit order today, but no much   $458-470   What you reckon?

agreed, no one is buying over value bitcoins

wow - good call!   LTC@$3.75

You may change your mind if it actually drop to 250 and decided to hold instead.

The carnage seems to be higher in the case of litecoin and other altcoins.

250 sounds like a great price to buy, lets see if we get there:) Thats around my 'hard buy zone', not sure how much exactly Im willing to spend buying if we reach it - bcs of course the thats close to the danger zone of breaking previous lows of $50, which would mean at that stage we are properly on a down trend. THAT would be interesting (and costly to me, ouch)! As long as the previous low remains ($50) unbroken, I'll remain a buyer.

In these times of panic moves up and down, just need to listen to this guy. Its more about fiat market trading, but most principles are still the same:

http://youtu.be/S7H-MVPlGJw?t=7m

Just remember folks, there cant be any buyers at 250 or any other low price if there are no sellers at that price. If you bought high the temptation is to sell low, but if you and everyone else holds strong then the low buyers have to come up to a higher price to buy meaning the market cant reach low prices. Just remember each time you sell, its in the hands of someone, not some magical market entity (...yet, not now for BTC anyway).
Once the short sellers make their money here the market will rebound in my opinion. the same short sellers will buy and make their money again on the way up. As long as the rebound starts above $50 IMHO, then we are still good to reach new highs (or match the last one).
 
Disclaimer: I remain bullish on the price to reach 1kpBTC minimum, I have a vested interest in higher BTC prices = in people not selling at the lows. My last buy in was at 475, hard (highest) target to sell: just under 2kpBTC

Yeah, a significant dumpage going on over past week - Anyone else waiting for funds to come into their exchange? 

Mine should arrive anytime now, gonna try buying back at $470/BTC, how about you guys?

prices $450 - $460 ;(