BITCON... WHY its totally FLAWED

Discussion in 'Digital Currencies' started by 1for1, Aug 6, 2012.

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  1. SilverSaviour

    SilverSaviour New Member

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    I dont have any yet, should I wait for a drop and get in ?

    I wish there was an easy way to buy online. It seems I gotta go to the bank
     
    SilverSaviour, Nov 7, 2013
    #1981
  2. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Okay, you guys make me feel much better...

    I'm small fry in comparison :D
     
    RetardedMonkey, Nov 7, 2013
    #1982
  3. whinfell

    whinfell Well-Known Member Silver Stacker

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    Ouch :/
     
    whinfell, Nov 7, 2013
    #1983
  4. goldpelican

    goldpelican Administrator Staff Member

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    Damn - just saw a 1684 BTC BUY go through on MtGox at $310 USD - a $522,000 USD purchase!
     
    goldpelican, Nov 7, 2013
    #1984
  5. Load of Bullion

    Load of Bullion Well-Known Member

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    Pumped a lazy AUD $3 grand into Bitcoins this evening via bank transfer via a vendor on Localbitcoins.com. Might as well add some additional Bitcoins, just for added kicks in the wild west of currency :D Even if there is a huge correction, this things things going to rocket during future financial Cyprus type events, IMO.
     
    Load of Bullion, Nov 7, 2013
    #1985
  6. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    SilverSale, Nov 7, 2013
    #1986
  7. Phiber

    Phiber Well-Known Member Silver Stacker

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    Looks like my graph from a few pages back was not that bad after all!

    [​IMG]
     
    Phiber, Nov 7, 2013
    #1987
  8. Altima

    Altima Well-Known Member Silver Stacker

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    So how bad is the correction?
     
    Altima, Nov 7, 2013
    #1988
  9. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Chart is saying it should head higher... correction should be small at this stage.
     
    SilverSale, Nov 7, 2013
    #1989
  10. Load of Bullion

    Load of Bullion Well-Known Member

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    Load of Bullion, Nov 7, 2013
    #1990
  11. pro$pector

    pro$pector New Member

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    pro$pector, Nov 7, 2013
    #1991
  12. Altima

    Altima Well-Known Member Silver Stacker

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    Oh no correction yet?

    This should be fun. :)
     
    Altima, Nov 7, 2013
    #1992
  13. goldpelican

    goldpelican Administrator Staff Member

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    $321 USD. Nucking futz.
     
    goldpelican, Nov 7, 2013
    #1993
  14. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    ...and LTC looks like it is preparing to make another move north.
     
    SilverSale, Nov 7, 2013
    #1994
  15. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Anyone trying to pick the top, or just riding it out?
     
    RetardedMonkey, Nov 7, 2013
    #1995
  16. tozak

    tozak Well-Known Member Silver Stacker

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    Darn Straight! I can't believe I sat on the fence for so f@#'n long. $1 BTC Nah, $5 Nah, $25 Nah, $70 Nah, $110 Nah, $170 Nah, $220 Sh!t I betsa-get-som. :)

    I think SS has got to be due now for an actual Bit Coin section?

    What about if it's a "Hobby" could go under "Numismatics & Hobbies"?
     
    tozak, Nov 7, 2013
    #1996
  17. Load of Bullion

    Load of Bullion Well-Known Member

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    I tried today at $262USD/BTC on BTC-E, it dipped a little then rocketed back up......ooohhh shittttt...jumped back on the train. It probably cost me $300 or so for my fruitless troubles. I'll sit tight, $1000/BTC will happen I'm sure, even if it takes a couple of years more. It could take weeks.
     
    Load of Bullion, Nov 7, 2013
    #1997
  18. pro$pector

    pro$pector New Member

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    I sold my entire trading parcel at $320 on Gox.

    Hoping for $281 rebuy.

    I just trade for more BTC now, don't want to cash out.
     
    pro$pector, Nov 7, 2013
    #1998
  19. goldpelican

    goldpelican Administrator Staff Member

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    Sold some at $207, $232, $264, $297. Accidentally sold a bunch at ~$300 during dinner by leaving a sell trade open. Given up trying to pick a top - but the funny thing is, even as I'm selling, the value of my remaining BTC is hovering around the same fiat value, and there's a pile of fiat building up alongside of it.

    Target is still parity with gold though - every time I sold in the last 48 hours, I was expecting to be able to buy back in, and only managed a few times.
     
    goldpelican, Nov 7, 2013
    #1999
  20. goldpelican

    goldpelican Administrator Staff Member

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    Been asked for before... if there's enough interest in the coming weeks, might happen.
     
    goldpelican, Nov 7, 2013
    #2000
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