see the red bricks under your name? fyi that means you need to taper down the diarrhea you call posts
$55 bitcoins Time to buy? Or keep falling?
- Thread starter dmnEPC
- Start date
see the red bricks under your name? fyi that means you need to taper down the diarrhea you call posts
I'm waiting until MtGox goes 24 hours without any issues. That will tell me whoever is intentionally fucking with them has probably decided it's time to stop that, and time to start buying some coins again to raise the price.
That rationality is bordering on insane. The fact that the exchange can be so easily manipulated "by anyone, at any time" will have no further bearing an your actions, just because 24 hours pass without fault.
Interesting, Mt. Gox is doing an AMA now on Reddit, and back to claiming DDOS is the cause of the problems.
http://www.reddit.com/r/Bitcoin/comments/1c7ahh/we_are_mt_gox_ama/
EDIT: Should say, they did an AMA and it's over now.
http://www.reddit.com/r/Bitcoin/comments/1c7ahh/we_are_mt_gox_ama/
EDIT: Should say, they did an AMA and it's over now.
Like what, a girlfriend that cheats? Wintertime ice cream sales?
While the Bitcoin concept might be novel its proposition as an investment is nonsense. Think: glow-in-dark red flag accompanied by a blaring siren.
BitCoin's greatest strength is its media-noise-to-market-cap ratio, which is hovering at a steady 500:1. Maybe we can trade futures on that.
I think the trick here is you can only day trade these things, and can't hold them for any period of time.
The good side is, this is somewhat a stock on PCP, so it's next to impossible to lose if you have an IQ above 30. Regardless of what price your last trade was at, sometime within the next 6 hours there's about a 98% chance the price is going to be favorable to you again, or at least allow you to come close to breaking even.
Well, I think it's almost impossible to lose, but I just started doing it. Figured if I'm going to write a bot to do this for me, better do it manually for a while first. Still, 12 hours in, 180% ROI, and I have a rough time seeing how I can lose on this. The fluctuations are too wild and guaranteed. With normal stocks I can see how I could get slaughtered, but this is different.
The good side is, this is somewhat a stock on PCP, so it's next to impossible to lose if you have an IQ above 30. Regardless of what price your last trade was at, sometime within the next 6 hours there's about a 98% chance the price is going to be favorable to you again, or at least allow you to come close to breaking even.
Well, I think it's almost impossible to lose, but I just started doing it. Figured if I'm going to write a bot to do this for me, better do it manually for a while first. Still, 12 hours in, 180% ROI, and I have a rough time seeing how I can lose on this. The fluctuations are too wild and guaranteed. With normal stocks I can see how I could get slaughtered, but this is different.
Or PCP. I dunno how many times I've bought PCP and seen blood in the streets right before I bought it.
Do you know if Mt Gox has limit orders? So you can just automatically buy when it is $20?
(O_o)
H̨̼̩͐̑͆̀̚&
LOL @ people who post this chart over and over again. ZoMG!!!!
I would have definitely bought some when it was at 60ish. You would have made some nice $ already. I bought some more.
Im in it for the long haul <3
SMH @ everyone that's looking to buy after talking endless shit about BTC.
Why can't everyone realize this is a solid money making opportunity if timed correctly, and that all the Bitfans are going to over-hype the potential of BTC.
We get it.
Now either buy low of STFU.
If BTC was just a fucking "JOKE" there wouldn't be half a dozen threads on it with over 200+ replies.
Why can't everyone realize this is a solid money making opportunity if timed correctly, and that all the Bitfans are going to over-hype the potential of BTC.
We get it.
Now either buy low of STFU.
If BTC was just a fucking "JOKE" there wouldn't be half a dozen threads on it with over 200+ replies.