BITCOIN DONE - SELL NOW $708. DONT be DROWNING with the ship.

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  • Alfa1234
    SBR MVP
    • 12-19-15
    • 2722

    #281
    Originally posted by LT Profits
    Why? If anything, great BUYING opportunity if it drops a little more (as I said, I would buy in the 550s).
    Because I had a sell order set up when the BTC/EUR price hit €675 (very nice profit). Have another one for €669 now as that would let me get out break even. I hate speculating too much in these markets, it's way too volatile and technical analysis simply doesn't work as it does in bigger markets.

    Daily chart says btc/eur should bounce back to the previous high and will most likely break that and go up to about 760-785...but if a dimwit decides to post an article somewhere it could have a huge impact on it for no reason at all...

    I'll never "panic" sell though, always have a price in mind. Long term I can see the price go back to the all time high
    Comment
    • raiders72001
      Senior Member
      • 08-10-05
      • 11145

      #282
      Originally posted by Alfa1234
      Because I had a sell order set up when the BTC/EUR price hit €675 (very nice profit). Have another one for €669 now as that would let me get out break even. I hate speculating too much in these markets, it's way too volatile and technical analysis simply doesn't work as it does in bigger markets.

      Daily chart says btc/eur should bounce back to the previous high and will most likely break that and go up to about 760-785...but if a dimwit decides to post an article somewhere it could have a huge impact on it for no reason at all...

      I'll never "panic" sell though, always have a price in mind. Long term I can see the price go back to the all time high
      I agree that technical analysis doesn't work in crypto-currency markets. With alt coins they are moved easily by someone such as Max Keiser backing Darkcoin. There are a lot of groups that work together on twitter and other outlets to create pump and dumps with the alts. Fontas was great at pump and dumps.

      For bitcoins, it's not movin
      g on one guys published opinion for the most part. Mike Hearn was able to do it but the block size debate was a hot topic at the time and he was one of the main cogs in the debate with bitcoin XT.
      Comment
      • LT Profits
        SBR Aristocracy
        • 10-27-06
        • 90963

        #283
        Originally posted by Alfa1234
        I'll never "panic" sell though, always have a price in mind. Long term I can see the price go back to the all time high
        That is exactly my point, it is great that you took profits and all but I feel you cost yourself greater profits by not holding until after the halving. Good luck to you though, "You'll never go broke taking a profit."
        Comment
        • Alfa1234
          SBR MVP
          • 12-19-15
          • 2722

          #284
          Originally posted by LT Profits
          That is exactly my point, it is great that you took profits and all but I feel you cost yourself greater profits by not holding until after the halving. Good luck to you though, "You'll never go broke taking a profit."
          Thanks.
          I also have another motto: never be greedy.
          Comment
          • QuangX
            SBR MVP
            • 02-03-11
            • 2756

            #285
            Originally posted by LT Profits
            That is exactly my point, it is great that you took profits and all but I feel you cost yourself greater profits by not holding until after the halving. Good luck to you though, "You'll never go broke taking a profit."
            WHat if everyone who is expecting the halving... does drive price up but as soon as the halving the investor all dump... which will lower the price...
            Comment
            • ThaWoj
              SBR Hall of Famer
              • 03-09-10
              • 6764

              #286
              Short term forecast down to 738. Long term still steady at 879.
              Comment
              • LT Profits
                SBR Aristocracy
                • 10-27-06
                • 90963

                #287
                Originally posted by QuangX
                WHat if everyone who is expecting the halving... does drive price up but as soon as the halving the investor all dump... which will lower the price...
                I don't think the anticipatory rise beforehand has been or will be enough, I anticipate at least $1,000 btc mid-summer.
                Comment
                • JAKEPEAVY21
                  BARRELED IN @ SBR!
                  • 03-11-11
                  • 29317

                  #288
                  gotta have thick skin in this game, fellas

                  enjoy the ride
                  Comment
                  • ThaWoj
                    SBR Hall of Famer
                    • 03-09-10
                    • 6764

                    #289
                    Short term forecast down to 472..
                    Comment
                    • Russian Rocket
                      SBR Aristocracy
                      • 09-02-12
                      • 43910

                      #290
                      Originally posted by ThaWoj
                      Short term forecast down to 472..
                      I hope you understand that it's nothing more than an algorithm that does the technical analysis of the chart behind the scenes and spits out that number on the website for the end user like yourself.
                      Comment
                      • ThaWoj
                        SBR Hall of Famer
                        • 03-09-10
                        • 6764

                        #291
                        Obv that's not the end all be all number but for someone like me who is not deeply into the bitcoin world I would like to think that number should bear some significance into basic decision making. Its obv disappointing when all day yesterday it was over 1k and now all day today it's been in the 4s..
                        Comment
                        • ThaWoj
                          SBR Hall of Famer
                          • 03-09-10
                          • 6764

                          #292
                          Noob question but I've never bought with bank account before (I've always done instants)... I bought a btc last night on circle with bank acct.. When it hits my account in 4 days it will be worth whatever the current price right? I. E. If i bought for 695 and current price is 900, it will be worth 900 right?

                          Also just heard about brexit so that's gotta be good...
                          Comment
                          • Russian Rocket
                            SBR Aristocracy
                            • 09-02-12
                            • 43910

                            #293
                            Originally posted by ThaWoj
                            Obv that's not the end all be all number but for someone like me who is not deeply into the bitcoin world I would like to think that number should bear some significance into basic decision making. Its obv disappointing when all day yesterday it was over 1k and now all day today it's been in the 4s..
                            without human input, that number bears very little...just like other similar projected numbers that most sites put for stocks on the web

                            it looks at the current price, how much coin is overbought or oversold and a few other factors and calculates the final number

                            there is really no magic in that output - it's just a straight math
                            Comment
                            • raiders72001
                              Senior Member
                              • 08-10-05
                              • 11145

                              #294
                              Originally posted by ThaWoj
                              Noob question but I've never bought with bank account before (I've always done instants)... I bought a btc last night on circle with bank acct.. When it hits my account in 4 days it will be worth whatever the current price right? I. E. If i bought for 695 and current price is 900, it will be worth 900 right?
                              .
                              yes
                              Comment
                              • QuantumLeap
                                SBR Hall of Famer
                                • 08-22-08
                                • 6880

                                #295
                                Originally posted by QuantumLeap
                                Looks like it hit the top like I mentioned. That means now is a good time to buy SIAcoin.
                                Bought in at 123 at this time. Went up to 177 and dropped to 170 so I sold.

                                Looking for the next drop.so I can buy in again.
                                Comment
                                • raiders72001
                                  Senior Member
                                  • 08-10-05
                                  • 11145

                                  #296
                                  Originally posted by QuantumLeap
                                  Bought in at 123 at this time. Went up to 177 and dropped to 170 so I sold.

                                  Looking for the next drop.so I can buy in again.
                                  Nice job.
                                  Comment
                                  • importmoon
                                    SBR MVP
                                    • 04-22-11
                                    • 1140

                                    #297
                                    whatever comes around goes around
                                    Comment
                                    • QuantumLeap
                                      SBR Hall of Famer
                                      • 08-22-08
                                      • 6880

                                      #298
                                      Originally posted by raiders72001
                                      Nice job.
                                      Thanks.

                                      I just wanted to point out one more thing about this coin and then I'll shut up unless it doubles from the 123 mentioned previously. The price went from 177 down to 156 and then took a big dip down to 145 in a short amount of time. The key part of this move down is that it was also done with volume. I'm not going to take credit for this since I didn't post it at the time but the price immediately bounced from 145 to 160. That would have been the time to get back in.

                                      I'm going to stop trying to time the dips and jumps. I'm just going to stay in at this point unless there is a serious correction.

                                      OK, I'm done.
                                      Comment
                                      • lonegambler23
                                        SBR Hall of Famer
                                        • 06-22-16
                                        • 9760

                                        #299
                                        can someone help me with bitcoin. so i have a blockchain wallet and coinbase wallet. i give 5dimes my blockchain wallet address, then i send the funds to my coinbase wallet. then to my bank account. is that right? so say i cash out 2000, if bitcoin is at 640 now.. how much would i get in my wallet when i cash out? and what is the confirmation i need? still confused about that. thanks
                                        Comment
                                        • TheMoneyShot
                                          BARRELED IN @ SBR!
                                          • 02-14-07
                                          • 28672

                                          #300
                                          Originally posted by lonegambler23
                                          can someone help me with bitcoin. so i have a blockchain wallet and coinbase wallet. i give 5dimes my blockchain wallet address, then i send the funds to my coinbase wallet. then to my bank account. is that right? so say i cash out 2000, if bitcoin is at 640 now.. how much would i get in my wallet when i cash out? and what is the confirmation i need? still confused about that. thanks
                                          For PayOuts - Sportsbook To You....

                                          1. 5Dimes To Blockchain
                                          2. Blockchain To Coinbase
                                          3. Coinbase to whatever you want to do with it.

                                          Make sure you triple check the BTC addresses. It would suck to make a mistake.
                                          Comment
                                          • LeahMichele
                                            Restricted User
                                            • 12-30-11
                                            • 857

                                            #301
                                            Originally posted by LT Profits
                                            I don't think the anticipatory rise beforehand has been or will be enough, I anticipate at least $1,000 btc mid-summer.
                                            Drops are huge. Increases small. Even with brexit bump bitcoin is down almost $100 since start of thread. $1000 this year is a dream thats not going to come true.
                                            Comment
                                            • ThaWoj
                                              SBR Hall of Famer
                                              • 03-09-10
                                              • 6764

                                              #302
                                              Hopefully now it will start to rise as the halving is getting close
                                              Comment
                                              • LT Profits
                                                SBR Aristocracy
                                                • 10-27-06
                                                • 90963

                                                #303
                                                Originally posted by LeahMichele
                                                Drops are huge. Increases small. Even with brexit bump bitcoin is down almost $100 since start of thread. $1000 this year is a dream thats not going to come true.
                                                Can't properly assess until the first few days after July 10th. If price does not take off as expected, I could just sell as it should still be above the $650 I originally intended to sell at anyway.
                                                Comment
                                                • QuantumLeap
                                                  SBR Hall of Famer
                                                  • 08-22-08
                                                  • 6880

                                                  #304
                                                  Originally posted by LeahMichele
                                                  Drops are huge. Increases small. Even with brexit bump bitcoin is down almost $100 since start of thread. $1000 this year is a dream thats not going to come true.
                                                  Yet it's up $70 from earlier this month and up $200 from 2 months ago. The general trend has been up since it bottomed in September of last year.
                                                  Comment
                                                  • ThaWoj
                                                    SBR Hall of Famer
                                                    • 03-09-10
                                                    • 6764

                                                    #305
                                                    Down to 610 from 680 just yesterday.

                                                    What do we do?
                                                    Comment
                                                    • ThaWoj
                                                      SBR Hall of Famer
                                                      • 03-09-10
                                                      • 6764

                                                      #306
                                                      640.

                                                      $30 gain in an hour.

                                                      Like to see 700 around the halving date.
                                                      Comment
                                                      • LT Profits
                                                        SBR Aristocracy
                                                        • 10-27-06
                                                        • 90963

                                                        #307
                                                        Halving is Sunday or Monday so sit tight.
                                                        Comment
                                                        • trytrytry
                                                          SBR Posting Legend
                                                          • 03-13-06
                                                          • 23650

                                                          #308
                                                          654

                                                          the dip is clearly over..
                                                          Comment
                                                          • LT Profits
                                                            SBR Aristocracy
                                                            • 10-27-06
                                                            • 90963

                                                            #309
                                                            Originally posted by LT Profits
                                                            Halving is Sunday or Monday so sit tight.
                                                            Now hearing TOMORROW (Saturday). Stay tuned.
                                                            Comment
                                                            • Optional
                                                              Administrator
                                                              • 06-10-10
                                                              • 61722

                                                              #310
                                                              Originally posted by LT Profits

                                                              Now hearing TOMORROW (Saturday). Stay tuned.
                                                              Y2K

                                                              Nothing happens
                                                              .
                                                              Comment
                                                              • LT Profits
                                                                SBR Aristocracy
                                                                • 10-27-06
                                                                • 90963

                                                                #311
                                                                Originally posted by Optional
                                                                Y2K

                                                                Nothing happens
                                                                Or more likely may take a few days to assess everything, not like there will be an immediate spike from 640 to 900 in minutes after halving.
                                                                Comment
                                                                • Optional
                                                                  Administrator
                                                                  • 06-10-10
                                                                  • 61722

                                                                  #312
                                                                  I assume the price to get a transaction confirmed fast will jump pretty much straight away.

                                                                  Something to watch out for people sending over the weekend.
                                                                  .
                                                                  Comment
                                                                  • raiders72001
                                                                    Senior Member
                                                                    • 08-10-05
                                                                    • 11145

                                                                    #313
                                                                    Halving Countdown Clock

                                                                    Comment
                                                                    • Memento
                                                                      SBR MVP
                                                                      • 01-28-15
                                                                      • 1192

                                                                      #314
                                                                      I don't think you will see anything for a few weeks...maybe a month when the true impact on supply shakes out.
                                                                      Comment
                                                                      • BigJay
                                                                        SBR MVP
                                                                        • 01-14-12
                                                                        • 3485

                                                                        #315
                                                                        Guess it wasn't done
                                                                        Comment
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