Quote from: octaft on March 01, 2015, 09:34:59 AM

Quote from: rolling on March 01, 2015, 08:59:56 AM

1. I am not advocating buying at the top of the rally, I am advocating buying right now. When it goes past $500, you are probably too late considering fiat deposit times.
2. $10 million is nothing to hedge funds, retirement funds, etc. There will be be buying pressure right after the auction and long after.
3. People are going to be sick that they missed out on buying bitcoin at these prices. My advice is to buy what you can afford or forever regret. You are lucky to even know what Bitcoin is at this point in its evolution.

1. Didn't say you did. I said thinking like yours, and bear in mind I was talking about your "$1500 overnight" comments. Price is not at all likely to go to $1500 overnight.
2. "Right after the auction and long after" is not "overnight." Again, I was responding to "$1500 overnight" comments.
3. Eh, nothing really to say to that, other than time will tell.

Time will tell about everything. People are very short sighted. I'm trying to point out that leaving sell orders overnight is a bad idea and many were caught with their pants down in the last real rally. Selling any bitcoin in my opinion at these prices is just plain irresponsible.