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Longtime Investor - I am out

Started by PeterLynch, October 24, 2014, 07:51:20 PM

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bitmeat

The merger is a good thing long run. The proposals are good. However from experience and track record it will take much longer than people expect. Could be 2-3 years before it all happens and some won't be prepared to wait that long they will dump. Also competition might outplace BTSX so risks are there

nomoreheroes7

Quote from: aloha on October 30, 2014, 06:37:42 PM
Quote from: bitmeat on October 30, 2014, 06:11:33 PM
Well I just find that they naturally have reaction. I don't know if it is a self fulfilling prophecy. What I do know is that they provide me with low risk high reward entries.
Can you please let us know where do you think the price is going to go next and why?
Thanks  :)

I think we've hit the bottom just now...but I'm a shit trader lol. I'd like to imagine the snapshot coming up quick will re-spark some interest...and a lot of big guns are being prepared for November and December from the sounds of it. Selling now really is like leaving right before take off IMO.

bitmeat

I'm not a fortune teller, I take calculated risks. To be honest, it could go as low as 0.000025. But I'm not betting on that.

vegolino

Quote from: bitmeat on October 30, 2014, 06:11:33 PM
Well I just find that they naturally have reaction. I don't know if it is a self fulfilling prophecy. What I do know is that they provide me with low risk high reward entries.
Can you please let us know where do you think the price is going to go next and why?
Thanks  :)

bitmeat

Well I just find that they naturally have reaction. I don't know if it is a self fulfilling prophecy. What I do know is that they provide me with low risk high reward entries.

xeroc

Quote from: bitmeat on October 30, 2014, 06:04:26 PM
Well I for one welcome volatility it is not healthy for any symbol price to go up up up. The 0.000093 was a key Fib level and I expected a drop. Funny how it follows these natural moves regardless of the news.
Sorry .. but I really need to ask this:
What do Fibonacci levels have to do with natural movements of markets/prices ..

When I read about this .. I only can think of the self fulfilling prophecy ..
But well .. I am not a trader ...

Could you enlighten me?

bitmeat

Well I for one welcome volatility it is not healthy for any symbol price to go up up up. The 0.000093 was a key Fib level and I expected a drop. Funny how it follows these natural moves regardless of the news.

cass

Quote from: xeroc on October 30, 2014, 06:01:08 PM
Quote from: bitmeat on October 30, 2014, 05:58:34 PM
Right lets move all threads that have any doubt in a recycle bin. :)
It's not about the doubt .. nor about the criticism ... it's about how the doubt s presented ... as pure FUD or with a chance for a discussion!

well said...
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

cass

Quote from: bitmeat on October 30, 2014, 05:58:34 PM
Right lets move all threads that have any doubt in a recycle bin. :)

yeah ... indeed this the best idea^^ Nooooo, seriously i'm not joking with a *criticism board... just thinking loud ...
but wouldn't it better to have a central place here on forum for doubts, controversial thoughts etc...?



█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

xeroc

Quote from: bitmeat on October 30, 2014, 05:58:34 PM
Right lets move all threads that have any doubt in a recycle bin. :)
It's not about the doubt .. nor about the criticism ... it's about how the doubt s presented ... as pure FUD or with a chance for a discussion!

bitmeat

Right lets move all threads that have any doubt in a recycle bin. :)

cass

Quote from: xeroc on October 25, 2014, 07:11:56 PM
we should habe a subforum for people and posts like these .. just so they don't annoy those that want to be productive .. and not speculative

criticism sub board section ^^
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

xeroc

Quote from: bitmeat on October 30, 2014, 05:22:36 PM
What if ... It's I3 selling? In fact I think they should sell some of their stake. It's too large. :) so long term this could be great news
1) Buy high
2) Sell low
3) Goto 1) unless broke!

bitmeat

What if ... It's I3 selling? In fact I think they should sell some of their stake. It's too large. :) so long term this could be great news

jsidhu

Quote from: xeroc on October 30, 2014, 05:21:40 PM
Quote from: BitshatKing on October 30, 2014, 05:19:34 PM
STOP SELLING YOU STUPID AMERICAN!!!!

YOU R GOING TO KILL BITSHARES!!!!

EVERY ONE MUST SACRIFACE FOR BITSHARES DREAM!!!!!
lol .. and the amaricans think it's the chinese selling :)

p.s. for the next time .. stop SHOUTING! please

I think its a combination... triggered by americans because btcusd took a hit.. and USD rallying vs all currencies (interest rate speculation because FED stopped bond buying).

IMO this is an ideal bottom for both bts usd and btc usd.
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