fib1618 Posted February 10, 2014 Report Share Posted February 10, 2014 Is this another buying opportunity? 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 10, 2014 Author Report Share Posted February 10, 2014 ..................... Lots of folks bought above 900, just praying it comes back. It might... It might not. Lol 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 10, 2014 Author Report Share Posted February 10, 2014 (edited) ............ Someone on another thread is calling this a "COMPLETE CRASH" Not yet. Lol It's already rebounded back over 600. Edited February 10, 2014 by fib1618 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 10, 2014 Author Report Share Posted February 10, 2014 ............. Bitcoin is a nice stable "currency"... It can cough up 200 points in the twinkling of an eye. 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 12, 2014 Author Report Share Posted February 12, 2014 Bitcoin currently trading at 520 on Mt. Gox... Anxious to see if 500 will hold. http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSza1gSMAzm1g20za2gSMAzm2g50 Looking to grab some for a trade at 325 if it drops that far. 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 12, 2014 Author Report Share Posted February 12, 2014 Mt. Gox is showing a low of 511.77 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 12, 2014 Author Report Share Posted February 12, 2014 Crude oil(WTIC) just broke the December highs... Currently trading at 101.25 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 13, 2014 Author Report Share Posted February 13, 2014 Bitcoin now trading under $500 on the mt. Gox exchange. http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSza1gSMAzm1g20za2gSMAzm2g50 Still hoping to nab some at 325 for a trade. 2 Link to comment Share on other sites More sharing options...
dontlop Posted February 13, 2014 Report Share Posted February 13, 2014 (edited) But coin is a nice friendly way to steal your money The IMF is running the bitcoin operation on a stand by arrangement while the supreme auditor examine the reo choe chee Or was that a dream Nah it's got to be good for everyone to get involved and get a official exchange rate going at the fed when we get the price up to around $20,000.00 each We can get bremmer to give us an official exchange rate according to what the market price is from the fed hey he can use the military complex to back him and just order it by decree And the new official rate from the fed won't revalue from zero to $20,000.00 either. Nice !!! It will be hard to "re" value it at the fed since it never had a value in the first place Dang it They will just have to monetize it at its current market rate Edited February 13, 2014 by dontlop 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 13, 2014 Author Report Share Posted February 13, 2014 (edited) $470 The last two times it's fallen down to around $460 it's launched a big rebound. Let's see if the buyers step in this time. Edited February 13, 2014 by fib1618 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 14, 2014 Author Report Share Posted February 14, 2014 (edited) No rebound at the key support at $460ish. It's really getting hammered now... Currently trading at $401 on Gox. Nasty Edited February 14, 2014 by fib1618 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 14, 2014 Author Report Share Posted February 14, 2014 (edited) .............. $385!! This thing is sucking hind teat ................... I'm yanking my order. Looking now at an entry around $225. I'm a cheap SOB if I miss it.. So what ............ This thing was trading over $1000 about 18 days ago... Now Down to $384 .................. $375 $361 ......... It just had a massive flush down to 302... Then rebounded back above 350. Good grief. ......... It had better hold 295-315 or it will fall to $225 in a hurry. My charts show that possibility. Edited February 14, 2014 by fib1618 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 14, 2014 Author Report Share Posted February 14, 2014 (edited) ............... Who was that telling me to buy about a month ago??? Said it was going to $10,000. Lol ...... Well, I figured it would bounce around $325 +/-and it did... It's now up over 400. Oh well. Keeping my order at $225... No way in heck will I chase this. Edited February 14, 2014 by fib1618 2 Link to comment Share on other sites More sharing options...
FreckledFuzz Posted February 14, 2014 Report Share Posted February 14, 2014 I don't have access to a decent chart --so I did a crude area of supply. $175-$200 it looks like. Would also make a symmetrical corrective 2-wave down [AB=CD] Link to comment Share on other sites More sharing options...
fib1618 Posted February 14, 2014 Author Report Share Posted February 14, 2014 (edited) I don't have access to a decent chart --so I did a crude area of supply. $175-$200 it looks like. Would also make a symmetrical corrective 2-wave down [AB=CD] I haven't been able to open attachments since they tossed me in the tank. Edited February 14, 2014 by fib1618 1 Link to comment Share on other sites More sharing options...
FreckledFuzz Posted February 14, 2014 Report Share Posted February 14, 2014 Was unaware of that the Lopster Tank had limited viewing. These are the only charts [decent without a platform] I have access to: http://bitcoin.clarkmoody.com/ You can see major buying [small retracement rejection] of proce at about $175-200 Link to comment Share on other sites More sharing options...
fib1618 Posted February 14, 2014 Author Report Share Posted February 14, 2014 Was unaware of that the Lopster Tank had limited viewing. These are the only charts [decent without a platform] I have access to: http://bitcoin.clarkmoody.com/ You can see major buying [small retracement rejection] of proce at about $175-200 Thanks, I'm currently on my iphone and im having problems with that link. Here's one I'm looking at.. http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSza1gSMAzm1g20za2gSMAzm2g50 ............... I'm hitting the hay. I may check in tomorrow. Later. 1 Link to comment Share on other sites More sharing options...
fib1618 Posted February 15, 2014 Author Report Share Posted February 15, 2014 The bleeding continues... It looks like yesterday's low of 302 is getting ready to get taken out. Moving my order down to 190. ........ It's currently at 320. This candle's low so far is 310. 1 Link to comment Share on other sites More sharing options...
rightsonword Posted February 15, 2014 Report Share Posted February 15, 2014 There's a reason Bitcoin is so low on Mt.Gox and trading at $600 on other sites . . . They're apparently having liquidity issues and are not allowing people to withdraw funds. They're blaming a glitch on bitcoins part, others are saying the opposite. If you're a risk taker, by all means use MT.Gox, just be away you might be running into your own version of Warka. Link to comment Share on other sites More sharing options...
fib1618 Posted February 15, 2014 Author Report Share Posted February 15, 2014 There's a reason Bitcoin is so low on Mt.Gox and trading at $600 on other sites . . . They're apparently having liquidity issues and are not allowing people to withdraw funds. They're blaming a glitch on bitcoins part, others are saying the opposite. If you're a risk taker, by all means use MT.Gox, just be away you might be running into your own version of Warka. I am aware of that. Thanks for your concern. 2 Link to comment Share on other sites More sharing options...
ShallowBeThyGame Posted February 16, 2014 Report Share Posted February 16, 2014 Bitcoin has some highly complicated mathematical sub-structure that the vast majority of users cannot even begin to comprehend. This is inherently dangerous... just as dangerous as being misinformed respecting other currencies and their fiat nature. Anyhow, I sure hope that the Winklevoss twins sold out prior to this crash! Link to comment Share on other sites More sharing options...
fib1618 Posted February 21, 2014 Author Report Share Posted February 21, 2014 I bought the rights to bitcoins on the mt. Gox exchange at 190, 135, and 100. I'll go into more detail later. Been helping a friend move.. haven't had much chance to post. 2 Link to comment Share on other sites More sharing options...
Darin Posted February 22, 2014 Report Share Posted February 22, 2014 I bought the rights to bitcoins on the mt. Gox exchange at 190, 135, and 100. I'll go into more detail later. Been helping a friend move.. haven't had much chance to post. http://www.ibtimes.co.uk/cryptocurrency-news-round-mtgox-woes-continue-new-york-pushes-bitcoin-law-1437359 With their liquidity issues, some questioning whether they even have coins, and that reports are that some have not been able to withdraw for weeks/months.... I think you took a high risk. If the value was around.... 150 or so per average when you put in your buy order, if mtgox issues are resolved, you may make a decent profit.... But with cryptos, you could have easily done well in alt coins as well and not have to worry about putting money in & not being able to get it withdrawn. You'll have to keep us posted on your outcome.. I' would be putting $ on that you may have made a foolish move, but only time will tell. Most people who are buying at those low prices are doing so speculatively. I don't think the risk/reward is there. Bitcoin has some highly complicated mathematical sub-structure that the vast majority of users cannot even begin to comprehend. This is inherently dangerous... just as dangerous as being misinformed respecting other currencies and their fiat nature. Anyhow, I sure hope that the Winklevoss twins sold out prior to this crash! BTC has had their setbacks.. I think Russia labeled it illegal IIRC. China had their moments of issues. MtGox is another issue in itself. I think another bug was found, but quickly resolved. I sort of think BTC is hitting max capacity. Its sha based, so only big time ASIC can mine it. Their money supply is actually low... 11million or there about. Converting fiat to btc is not easy for first-timers. Transactions are taking a long time to be confirmed.... And the biggy is that with so many altcoins, it is easy for one of them to easily produce something better.. Most people may have heard of BTC, but others do exist.. Some may be aware of LTC (Litecoin) Peer Coin, Doge Coin, Quark Coin, Conye, and many more. I would label BTC to gold & LTC to silver. Who will be bronze or closely related to FIAT such as doge? Link to comment Share on other sites More sharing options...
fib1618 Posted February 25, 2014 Author Report Share Posted February 25, 2014 Looks like my gamble on Gox isn't gonna work out. Lol I've funded BITSTAMP... Have orders lined up starting at 380... Al the way down it 250. Got orders on litecoin sub 10. http://www.ibtimes.co.uk/cryptocurrency-news-round-mtgox-woes-continue-new-york-pushes-bitcoin-law-1437359 With their liquidity issues, some questioning whether they even have coins, and that reports are that some have not been able to withdraw for weeks/months.... I think you took a high risk. If the value was around.... 150 or so per average when you put in your buy order, if mtgox issues are resolved, you may make a decent profit.... But with cryptos, you could have easily done well in alt coins as well and not have to worry about putting money in & not being able to get it withdrawn. You'll have to keep us posted on your outcome.. I' would be putting $ on that you may have made a foolish move, but only time will tell. Most people who are buying at those low prices are doing so speculatively. I don't think the risk/reward is there. BTC has had their setbacks.. I think Russia labeled it illegal IIRC. China had their moments of issues. MtGox is another issue in itself. I think another bug was found, but quickly resolved. I sort of think BTC is hitting max capacity. Its sha based, so only big time ASIC can mine it. Their money supply is actually low... 11million or there about. Converting fiat to btc is not easy for first-timers. Transactions are taking a long time to be confirmed.... And the biggy is that with so many altcoins, it is easy for one of them to easily produce something better.. Most people may have heard of BTC, but others do exist.. Some may be aware of LTC (Litecoin) Peer Coin, Doge Coin, Quark Coin, Conye, and many more. I would label BTC to gold & LTC to silver. Who will be bronze or closely related to FIAT such as doge? Yes it was high risk. Tossed some "Vegas" money at it and it looks like it's not gonna work out. Oh well. 2 Link to comment Share on other sites More sharing options...
eddiemac Posted February 25, 2014 Report Share Posted February 25, 2014 Yahoo says they have vanished. Shut down office, web site ect. Link to comment Share on other sites More sharing options...
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