Post
Topic
Board Speculation
Re: Bitcoin Struggling To Hold Above $500 USD.
by
BitchicksHusband
on 20/11/2013, 23:17:32 UTC
I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me.


Huh  You couldn't sell on Coinbase?

What happened?

I was thinking to myself (when Gox hit $900), "This is going up way too fast.  It hasn't even taken a breath today.  This reminds me of $266 in April.  Maybe I should sell the coins I have on Coinbase."

Checked the chart one more time and a nosedive with a sea of red.

Alt-Tabbed back to Coinbase and hit sell when the price was still $850.  It didn't go through.  Tried again and got halfway through and it told me the price had changed.  Hit Confirm again and I finally got out at $733.

Bought back in at $525 after the crash.  I rarely trade like this (never, actually), but I knew that I was catching this one.  Still I turned 3 bitcoins into 4 for free.

Then they started their "Buy at market a week from now" nonsense.  But since I had money ready to buy and any other option would take at least a week anyway, I went ahead and tried it.  It appears that they have locked me at $525 already (not too unbelievable since it dipped below $500 for a while).  But we'll see when they go to deliver on Monday.