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Back to 700 isn't much of a "crash". I was hoping for more like back to 200 or less so that I can buy into the long haul. The idea of being able to travel without carrying loads of cash or relying on banks had me intrigued, but it seems to have all gone a bit crazy.
I'm very VERY new to trading, and have just been going with my gut. I just bought back in at 655. So I might hold, or I might sell again. Waiting to see where it goes. I'm going to be going to bed late tonight. LOLQuote:
Originally Posted by madfranks
What I've learned is to buy a lot when no one wants it. Sell it in small intervals as it goes up. Don't get greedy. Don't get angry at yourself for selling to short since you'll chase a rally which may turn into a falling knife and you'll cut yourself bad. Pay attention to what happens on multiple exchanges, especially the Chinese ones since they seem to be driving things a lot recently. Sometimes the best move to to not move at all, do nothing.Quote:
Originally Posted by Ares
"Dat be some good sheet that bitcon!"
http://i.imgur.com/A9hq2x5.gif
Bernanke is lovin' how bitcon is beating the piss out of gold and silver. He knows gold and silver can be manipulated temporarily. Bitcon can be manipulated forever.
The Great Rotation: From Bullion To Bitcoin
http://www.zerohedge.com/sites/defau.../picture-5.jpg
Submitted by Tyler Durden on 11/18/2013 12:53 -0500
Well you buy what's working, right? Don't fight the Fed? Oh wait...
http://www.zerohedge.com/sites/defau...8_BTCPMs_0.jpg
BTC just hit $670...
Nobody is going to look at gold and silver with the stock market and bitcoin making new highs every day.Quote:
Originally Posted by mamboni
Dead money
I think so too, its just as easy and fast for them also.Quote:
Originally Posted by mamboni
Really strange thread over on Bitcoin forums how one private miner out of the Netherlands is dominating all the Coins now too.
https://bitcointalk.org/index.php?to...100#msg3519100
Yep cex.io it's basically a miner exchange that mines Ghash.io. Instead of trading BTC's you trade GHash. I thought it was a little pricey. I have an account there but they're wanting way too much BTC per Ghash.Quote:
Originally Posted by Horn
Are Satoshi's riddles random in nature, or do they just increase difficulty while remaining somewhat the same?
Seems a crunch they could design some sort of logic chip that is optimized to the problems particularly, and jump ahead. Too centralized.
But then they just tiptoe in at just above the average competitor rate, then whamo, jaws clamp down.
"I can feel your anger! Yes, your hatred for gold and silver is making me strong! Gold and silver must go lower and lower! Then, when they are bloodied, and beaten, and hated by you.....they will be....MINE! Ha ha ha ha ha (evil laughter with echo)"
Emperor Mambonitine and how he cornered the gold and silver markets, circa 2013.