$55 bitcoins Time to buy? Or keep falling?



It'll hit 50 again and go below. It's range bound currently with a lot of speculators driving it north of 50 for now. A lot of people couldn't even get their accounts funded before the crash, so they are buying now. Yesterday was the highest volume day ever by far. When that buying burns out those people will lose interest and it'll go below 50.
 
Look at the charts and 50 day moving average, I think $50 is (was) pretty good. As mentioned, a couple more crisis situations would really solidify this very speculative investment.
 
yast said:
Zimbabwe makes history. BitCoins now official national currency. - CNN iReport

Using ireport for market manipulation, brilliant.
Or...wait..could it really be ?
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Speaking of Zimbabwe currency, I just bought a $100,000,000,000,000 Zimbabwean note on ebay for $5 USD. I probably overpaid a little, but it's worth it to have $100 Trillion Dollars in my wallet.

fXDumoS.jpg
 
Unarmed Gunman said:
Speaking of Zimbabwe currency, I just bought a $100,000,000,000,000 Zimbabwean note on ebay for $5 USD. I probably overpaid a little, but it's worth it to have $100 Trillion Dollars in my wallet.

fXDumoS.jpg
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I had dozens of those. Kept a few in my wallet to help break the ice when I was sowing oats.
 
looks like it will be a while before my buys at $30-$40 get executed. Oh well, I can wait.
 
i sell some coins at 110 and it goes to 128. fuck me

it's not much money for some reason i'm getting all worked up about it. probably because the feeling of having not played my hand optimally

bitcoin is going to $200..i should just suck it up and go all in, activate my yubi key and throw it away so I can never sell. feel like an idiot for hyping bitcoin and not even having the conviction to not sell
 
cpauser said:
i sell some coins at 110 and it goes to 128. fuck me

it's not much money for some reason i'm getting all worked up about it. probably because the feeling of having not played my hand optimally

bitcoin is going to $200..i should just suck it up and go all in, activate my yubi key and throw it away so I can never sel
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It's because you are not cut out for trading. Not to be a dick, but based on everything you've said, you're the person who makes it possible for other people to make money. Don't get me wrong, that's an essential piece of the puzzle..
 
cpauser said:
i sell some coins at 110 and it goes to 128. fuck me
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Quit whining. I sold off at $73, if it makes you feel any better.

I don't particularly care though, because the USD in my account is still well above double than what I started with.
 
Pheasant said:
It's because you are not cut out for trading. Not to be a dick, but based on everything you've said, you're the person who makes it possible for other people to make money. Don't get me wrong, that's an essential piece of the puzzle..
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This unfortunately. I've traded for the past 2 weeks for the first time in my life and I got to admit I've made the same mistakes over and over again - fueled by either greed or fear. Gotta learn to respect my own limit orders. I'm glad the money I'm playing with was expendable from the very start but at the same time I'm also grateful for the lessons the market is teaching me.
 
hmm...some bad this morning

mtgox down for 3 hours under dos attack and prices on bitstamp sinking
 
cpauser said:
hmm...some bad this morning

mtgox down for 3 hours under dos attack and prices on bitstamp sinking
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Are you sure you hadn't pulled the network cable out of your computer by mistake?

From what you've posted so far I'd say that's a good starting point for you. :1bluewinky:
 
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