Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
Buffer Overflow
on 01/04/2014, 14:57:23 UTC
The reason is that people who buy on overstock or tigerdirect are just buying more bitcoin to replace what they spent.  They originally bought the bitcoin as an investment, they are excited to be able to use it for something, but they don't want to exit their position.

I always buy back the same or exceeding the amount I just spent. It's a rule I've always stuck to over the years.