There is some serious badonk in that donk. I think it would be like mating with a silverback gorilla. She'd rip you limb from limb.
$55 bitcoins Time to buy? Or keep falling?
- Thread starter dmnEPC
- Start date
There is some serious badonk in that donk. I think it would be like mating with a silverback gorilla. She'd rip you limb from limb.
There seems to be significant support for BTC @ $50. It hasn't rebounded to $100 yet and continues to hover between $65-75.
I think BTC will test $50 again, rebound to $60-75 and then drop below $50.
There seems to be a lot of scared money on the sidelines looking to get in between $25-$50. I wouldn't be surprised to see a big rebound from $25-$50 to close to $100.
May be a good quick flip opportunity in the next 24-72 hours.
I think BTC will test $50 again, rebound to $60-75 and then drop below $50.
There seems to be a lot of scared money on the sidelines looking to get in between $25-$50. I wouldn't be surprised to see a big rebound from $25-$50 to close to $100.
May be a good quick flip opportunity in the next 24-72 hours.
I agree.
Support at 50 and then lower.
The hoarders are not going to buy more. The speculators trying to get their lost money back will become more and more discouraged at every lower downturn.
Buyers will come in at $20 (probably higher) and it will probably go back and forth for a while.
But the longer it goes stagnant or down, the more likely people will be to give up on it for a bit.
What would really be good would be some bad news. Bad news would drive this thing down to <$20. That would be a buying opp.
The thing is Bitcoin has really just gotten good news. But if one government were to outlaw exchange funding, for example, this thing would go down faster than a whore in billionaires mansion.
Support at 50 and then lower.
The hoarders are not going to buy more. The speculators trying to get their lost money back will become more and more discouraged at every lower downturn.
Buyers will come in at $20 (probably higher) and it will probably go back and forth for a while.
But the longer it goes stagnant or down, the more likely people will be to give up on it for a bit.
What would really be good would be some bad news. Bad news would drive this thing down to <$20. That would be a buying opp.
The thing is Bitcoin has really just gotten good news. But if one government were to outlaw exchange funding, for example, this thing would go down faster than a whore in billionaires mansion.
Yeah, spot on.
The whole Cyprus run on the banks was great for bitcoin, and it's a major reason why it pushed all the way up to $250.
I'm going to load money in and wait for it to drop below $50, will buy in at $50 and will buy in more if it continues to plummet.
The next financial crisis is around the corner sometime soon, and i'm willing to sit on these coins until it pops again.
The whole Cyprus run on the banks was great for bitcoin, and it's a major reason why it pushed all the way up to $250.
I'm going to load money in and wait for it to drop below $50, will buy in at $50 and will buy in more if it continues to plummet.
The next financial crisis is around the corner sometime soon, and i'm willing to sit on these coins until it pops again.
(O_o)
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$73, good enough for me, and since I already missed out a couple times selling at around $80, I'm out again. Not very happy I only made like $5/coin, but oh well. Now watch, knowing my luck this thing will skyrocket to $130 in the next couple hours.
Didn't want to leave the BTC sitting there though, because I'm missing out on all these other dips and increases that have been going on at a lower price point. I don't like $5/coin days. I like $30 - $50/coin days, which is very possible if you're lucky, keep your eye on the ticker, don't get greedy, and don't get too trigger happy.
This is pretty fun though. I'm enjoying this.
Definitely a nice break from typical monotonous work.
Didn't want to leave the BTC sitting there though, because I'm missing out on all these other dips and increases that have been going on at a lower price point. I don't like $5/coin days. I like $30 - $50/coin days, which is very possible if you're lucky, keep your eye on the ticker, don't get greedy, and don't get too trigger happy.
This is pretty fun though. I'm enjoying this.
Definitely a nice break from typical monotonous work.thx for the headsup :smilie_weihn_winki:about time they started accepting new orders. Was about to throw in the towel with em'.
this is similar to the ETF craze that people were getting into in 2011. Those graphs posted earlier are great. Once the general public gets involved with a fund (people like cpauser), you know the bubble is about to burst. But hey, everyone learns. My first investments cost me around 5-6k so if you got owned in this bitcoin bubble, mark it as a learning experience and don't hold on for the long-term as people are advising. Sell, take your loss, and invest later when it bottoms out. You'll know it's safe to get back in when everybody shuts up about it.
That's the way I think about the Australian housing market. When almost everyone you know is buying one or multiple investment properties... bad things are around the corner. The median price of a house has grown from 3x the median income to 8x the median income, it can't go on forever. Everyone thinks this is different to every other bubble in history though.
keep reading those taleb books. is that supposed to offend me? lol i probably make more in a month than u made in a year.
My dad can beat up your dad.
No. It's supposed to get you to stop posting. No one, and I feel very confident saying this, absolutely no one on this forum likes your posts.
Do you even know where you are?