Bitcoin thread anyone?

It's the same clowns paying $265 that are buying the index at 1588. There won't be any of these dealers standing after the lawsuits over access. News of the suits will bring the BTC down to $40.
 
At one point today even Santelli mentioned bitcoin and how people are buying into it due to all the CB printing going on around the world. He also mentioned the nasty correction today. Then maria was like oh we don't have time to talk about that today, answer my question lol.
 
"Always look at the bright side of Life...."

It is up 90% in the last 2 hours.... If you were able to buy....

Trader of the year:

http://www.reddit.com/r/Bitcoin/comments/18f3pd/i_have_my_entire_retirement_and_savings_invested/

The guy bought in between $14-25 and cashed out at $200. Genius!!!

" I sold at 195, 212, and 242 price points."

I remember the original post a while back, he was using CC debt to buy the coins. Everyone thought he was crazy...

Edit: He only sold the initial capital which was 30K...
 
Quote from Pekelo:

[ he was using CC debt to buy the coins. [/B]
More...

jeeeezuz

well I guess its no dumber than buying with full margin in a TDA account at dow all time highs. Sometimes people just luck out big time if they a little earlier than the rest.
 
Quote from Zr1Trader:

well I guess its no dumber than buying with full margin in a TDA account
More...

In a way, it is actually not that dumb. CC is not your money, so if you lose it, and you don't have too much possessions you just declare bankruptcy and you can be better off than losing your own money...

Also, if you are cocksure about a certain idea, like Paulson was, bet big...
 
Quote from Algo_Design_Kid:

lol where do we go from here?
More...

I don't know but this is fun to watch. Thought about throwing 5k at it around 60-70 a week or two ago but then my girlfriend called me a dumbass. Maybe I'll buy her some tulips instead for 25 bucks and get something out of the deal lol.
 
Hey anyone remembers my prediction in last July?:

Quote from Pekelo:

Technically speaking, the price looks like going full parabolic, so there is more upside left. I would say $13-15 in the next 2 weeks, where at I would short it, because it should fall back to $8 at least.

4 weeks later:

It took 4 weeks but it did reach $15 and then it very quickly dropped back to $8...

Why am I mentioning it? Because when it goes parabolic and melts down, it usually drops back to 50% or more. So did it today. So once it was in freefall, putting in a buy order at $133 was not a bad idea, specially that 2 hours later it was back at 195....
 
You must log in or register to reply here.
Back
Top