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I'm scooping up from 59-61.
Support below 59 is crazy strong
Support below 59 is crazy strong
The lower the better.
Good post, but don't you think $40 is too early? Buying that on the downtrend with your entire position is, imo....Careful with falling knives.
A knife I wont catch on the sharp end. There is no reason I am worried.
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
I agree with this! Luckily the delusion of a triple digit "floor" is finally wearing off now!
I'm a bull not a fool.
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
Somebody who registered to the forums in bubble-time that keeps his head cool and has common sense? Now I have seen everything...
Welcome aboard sailor !
PS: funny how you can phrase something as a compliment, and meanwhile offend hundreds of people, right? Apologies to other bubble-entrants, but you have to admit on average there is some truth to it...
This is very true, most of the users that got in around that time have been weeded out. Honestly when I got in was pure chance as I was on the dark and had an interesting idea.
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
amateur
Let me help you.
The price could as easily have headed back into the region of $200 - and then instead of you saying "Did you really think that the high prices would last long..."
we'd have someone saying "Did you really think that the low prices would last long..."
I guess 'amateur' is a bit of a cheap shot - but all these 'hindsight' posts certainly smack of inexperience.
Hindsight is speculation which is purely what this forum is based on. So I guess your saying all users in this subforum lack experience?
Re: ASICs are the reason the price is dropping, and it will not stop.
Basically what OP is pointing towards despite his strange numbers, is over saturation... More coins and not as much demand equals low value.
It is this simple, and there is no need to make overly complex assumptions. Roughly 3,600 new coins are created every day. There must be demand for 3,600 new coins every day for price to stay steady. We just fell off a period of massive amounts of panic buying. Most panic buyers have sold out at this point. However, for price to rise again, we're going to have to wait for more infrastructure and useful functions to come out of bitcoin. And they are coming. Patience is a virtue.
http://thegenesisblock.com/significant-merchant-improvements-planned-for-bitcoin-v0-9/
Re: ASICs are the reason the price is dropping, and it will not stop.
Basically what OP is pointing towards despite his strange numbers, is over saturation. Anyone that has played an MMO and knows how a virtual economy works this is the same exact thing. More coins and not as much demand equals low value. As demand rises and coins disperse amongst the market, price goes up (Difficulty is the big player despite what people think). However the key factor is demand, if there is no demand/trade. There is no value, thus it continues to fall. This is parallel to the market I have projected towards BTC. Problem is, this is the key part and if it goes wrong. My whole idea is out the window.
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
I like him already.
Although I just don't think we'll hit the 40's. Ready to buy if so, but just not seeing it.I just don't think we'll breakthrough the 50's. I'd call 50 the absolute bottom. It's always possible but I think there's too much resistance for this to happen. Will gladly eat my words if I'm proven wrong.
Honestly its to hard in the market now to say could and what will happen it fluctuates way to much. Welcome to the world of high risk investment. The double U twins will play a interesting part. As well as bit angel and other big hands.I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
I like him already.
Although I just don't think we'll hit the 40's. Ready to buy if so, but just not seeing it.I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
amateur
in his mom's basement confirmed.
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
amateur
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
i bought 1 @ 85 now This:
This.
This.
Definitely this.Gonna wait until the market dumps are in and aim to buy at the bottom.
This.
300 by end of month!
2 months is more likely.If anything, the DDoS mythology is the perfect excuse for any correction.
Pastebin is laying an egg. Is this that Xenau memo?
How anonymous acts as one. the singularity of anonymous itself
I have no idea what this means.It only fell to 105, and shot back to 190 within minutes. People started buying the cheap coins like crazy. Does not this promise well for the future of BTC?
No. A 50%+ crash in a couple of hours does not bode well for bitcoin, even if there is a full or partial price recovery.
Honestly this only shows how small bitcoin is compared to the rest of the world. I'd say give it a solid year or 2 if the given trends continue fully or steadily and bitcoin will suddenly not look so small.
Posted 29 march?
Given the work needed to be put into the project, it seems to be on par it being today and actually did act just as the plan did. We did see dumps before the DDOS.