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Topic: WTF BTC = 500USD!!! (Read 4442 times)

sr. member
Activity: 302
Merit: 250
February 15, 2014, 01:32:03 AM
#31
Sell high & buy low.  good opportunity right now.

Repeat, each time.  Use limit orders.

Cancel limit orders to sell before going to bed.  If you do not cancel and the sell order triggers when sleeping and price increases you have lost the opportunity to sell at a higher price. 

Do not cancel limit buy orders before going to bed.  Keep limit buy orders at a good low price and see how lucky you are in the morning. 

Your average buy price will reduce and your holding will increase.



full member
Activity: 140
Merit: 101
Trading BTC, looking for amazon cards
February 14, 2014, 10:06:12 AM
#30
If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.

When in doubt, blame Russians... Wink

^This.

But to be honest its everything combined + dumps from panicking people right?
legendary
Activity: 2702
Merit: 1468
February 13, 2014, 05:37:37 PM
#29
If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.

When in doubt, blame Russians... Wink
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
February 13, 2014, 05:07:42 PM
#28
If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.
legendary
Activity: 2702
Merit: 1468
February 13, 2014, 04:36:15 PM
#27
The number of transactions crashing isn't gox, https://coinbase.com/charts look at that dive. More than halved in less than a week, in a time period when so many retailers have now started to accept bitcoins.

It depends where you look

http://www.coindesk.com/data/bitcoin-daily-transactions/

https://blockchain.info/charts/n-transactions

but, the selling pressure continues...relentless, it does not matter what exchange, same thing, bids 500-1500 taken out like there is no tomorrow.
Goes into oversold, bounces a little, and back to down ride...Looks like everyone wants to get out...

458 on mtgox, 602 on stamp
hero member
Activity: 882
Merit: 1003
February 13, 2014, 03:00:12 PM
#26
$465 now  on Gox
hero member
Activity: 579
Merit: 500
CoinQuacker
February 13, 2014, 11:58:39 AM
#25
it's fucking gox who couldn;t get their shit together. They suck immeasurably. I mean 2-3 years as the world's biggest exchange. Come on!
sr. member
Activity: 462
Merit: 250
Firing it up
February 13, 2014, 10:11:31 AM
#24
currently, using contract for analysis, still profitable
newbie
Activity: 13
Merit: 0
hero member
Activity: 912
Merit: 661
Do due diligence
February 12, 2014, 09:43:05 PM
#22
Shit fuck
Lol one more panic attack ..! BTC's are more thrilling then roller coaster ride, it depends on you whether you enjoy the ride or not..! 

I agree that it's a thrilling ride, but I think the rider's enjoyment is greatly influenced on where they boarded the roller coaster. If your entry point is below $100 then I expect you enjoy the ride very much, If you got on at somewhere over 800, then it might not be so much fun.


If a person got in at $800. and believed in it enough at that point to put in that type of investment: they should be happy to have the opportunity to buy more at this discounted price.
full member
Activity: 224
Merit: 101
February 12, 2014, 09:25:48 PM
#21
Shit fuck
It'll go back up again, and crash again, and go up again (…)
Don't worry brah.
legendary
Activity: 1568
Merit: 1001
February 12, 2014, 06:41:14 PM
#20
take your pick
legendary
Activity: 1568
Merit: 1001
February 12, 2014, 06:36:45 PM
#19
sr. member
Activity: 462
Merit: 250
February 12, 2014, 11:38:56 AM
#18
When we get to 5 figure dollar/BTC prices no one will be able to say they didn't have the chance to buy some.

Bitcoin keeps giving opportunities for people to buy in.

The believers will be rewarded....

BTCBTCBTCBTCBTC Cool

Great point. I try to get my mom to buy some. She bought 5 at 525 sold them at 825 for a quick profit.

She trades municipal bonds. Now she wont buy back in. She didnt listen to me at google IPO and shes not listening now  Grin
full member
Activity: 209
Merit: 100
February 12, 2014, 07:53:47 AM
#17
When we get to 5 figure dollar/BTC prices no one will be able to say they didn't have the chance to buy some.

Bitcoin keeps giving opportunities for people to buy in.

The believers will be rewarded....

BTCBTCBTCBTCBTC Cool
sr. member
Activity: 420
Merit: 250
February 12, 2014, 07:01:54 AM
#16
Buy buy buy before it went up..
sr. member
Activity: 266
Merit: 250
February 12, 2014, 06:27:54 AM
#15
just ignore MTGOX btc-e.com shows more real value
sr. member
Activity: 910
Merit: 302
February 12, 2014, 06:24:55 AM
#14
I say it will be $5000 by the end of 2014.
Please remember my words and PM me with curses if it doesn't happen.
newbie
Activity: 48
Merit: 0
February 10, 2014, 03:01:36 PM
#13
It fell cause mt. gox said bitcoin was fatally flawed (i think to push the price down to save their own asses), or just to try and save face.  Then It was revealed that the "problem" has been known since 2011, and mt. gox was modifying 0 confirmation transactions and fucked them selves.  Once that news came out BTC immediately reversed.  I bought on the news that mt gox was full of shit.
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
February 10, 2014, 01:33:12 PM
#12
Can we have a drop to 300$?
it can fall , all everyone should keep in mind is " hope for the best and prepare for the best " so lets see where it leads to..! but yeah it can fall to 300$ it already went down to some 100$ for few secs @btc-e..!
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