your DDOS sucked, we can still post

Why is the price still dropping?

People are scared and want to get out. Looks like it will keep falling lol.

Bitcoin must be broken!

lol !

If you sold before the dump, then that is good, because you can buy back at a lower price, but if you sold during the process of the dumping (or near the low price point hoping for a lower low), then you may need to take a loss and buy back before the price get's too far above your sell point.  On the other hand, you could take a chance and wait it out, which may or may not pay out (despite being a bit stressful to wait out and hope for another dump, which is not out of the question at this point).

You bought back, or not yet? 

I usually like to stagger my bets rather than to attempt to play too many BTC all at once.. and accordingly, if I were to sell 4BTC all at once, that better fucking mean that I have at least 200 BTC in my portfolio or otherwise I am pretty confident that we are going to experience at least a 10% correction, and I would be buying back every 2% or so, once the correction stabilizes. 

I also think that it is safer to sell on the way up and buy on the way down rather than selling on the way down (even though once in a while you could get lucky to attempt to time such).

You're the gentleman who made me feel bad about being so trusting...


And now on this, the worst fucking day of my life, just as I'm at my lowest and most fragile, you return to torment me some more? To rub your poisonous hatred into my wounds?
What kind of a heartless monster are you?

I have my doubts about whether I should take you seriously.

First:  you gave a bit of information about what you had supposedly done, but you are not really responding regarding your strategy to buy back or if you did buy back.  

Second: seems quite fantastical that anyone who claims that they don't know what they are doing would sell the whole stash after we have been experiencing several unsuccessful attempts to push the price down.. so there seems to be a bit more upwards price pressures rather than downward pressures, at the moment.

Third:  asserting that chinese exchanges are leading tends to be a FUCD spreading disinformation campaign.. Yeah, people say it .. but really nonsense.

Just got back. I see the halving came and went without a whimper (as expected) and we're most of the way back from the little pre-halving long squeeze.

Ho hum, sideways still. Time for a short squeeze now?

Shitload? Looked like just one to me.

http://www.bitcoinwatch.com/

6.14 blocks per hour, hashrate rising slightly ... so much BS FUD and failed doomer-mongering around the halving, what's the next propaganda meme they'll try bashing bitcoin with? ... every cheap shot and underhand trick they try only makes bitcoin more resilient , diminishing returns, soon it will be cheaper to just buy bitcoin and get on board, just like mining at some point it is more profitable to be an honest miner.

if you lift the graph up to the right point ($630) it makes more sense, but still...

would be good if they could fuck off and leave us alone for one day ... take a holiday with all their multiple personalities sometime maybe? guys are just worthless parasites

See, now this is right perfectly on topic. But it's odd. What crash? What dip? What tho?

Crash? LOL

You mean back to where it was hours ago and well above where we started the day?

 

My friend. I understand your search for meaning has left you with many questions. Well I want you to imagine a world in which those with the answers might somehow be compensated for providing them to you...How would that be?

The purpose of the athiest religion is promote the Communism and the Homosexuality.

It's called normal oscillations in the price... remember yesterday?  The price went to $678.. about 24 hours ago?

It doesn't make much sense that you want to call this current situation "down" movement, when prices are kind of in a range... and bitcoin price is a kind of moving dynamic, but it seems that at this time, our range is approximately $540 to $778...

We are currently kind of in the middle of that range, no?  Or at least reasonably moving around in that range towards the middle...

Within our current $540 to $778 range we can have normal or extreme upwards and downward corrections.. We have been here for about a month... and if we break into the lower end of the current range, then maybe we could concede.. "prices seem to be going down" 

On the other hand, if we start to move into the upper end of our current price range, we may conclude the opposite...

 Right now, we just have seemingly normal price movements on fairly low volume and from time to time testing within our current price range (which is still quite big range to be in), but the current price range generally seems to  be upwardly projected from the last price range that we were in (which was largely between $360 and $460 for a large number of months)

TLDR:  you seem to be getting too anxious in looking at short term charts because BTC prices are more trending upwards rather than downwards at the moment.  .   

Indirectly...as a contractor. I work for General Dynamics on the Distributed Common Ground System - Army (DCGS-A). An ancient intelligence tool that I helped develop in 2005 when I was in Iraq that is still kicking.

A quick google search would tell you the same thing so it's not like I'm revealing anything new.

But ya, a libertarian in the heart of the MIC. I get to see first hand how our tax dollars are wasted. And I'll be the first to stand at the head of the line if you're going to throw your money away.

Good morning Bitcoinland.

Look where we are this AM, back to $666.



Maybe all those little "Satanist" kiddies are right, LOL. At least it's higher than $420. 

Personally I want to see $9999. 

Again...not a problem. As someone who has paid for coffee (actually it was a chai latte) with bitcoins. Not a problem whatsoever.

Spend your bitcoins and find out how things work in the real world.

Yep, transaction is instant. Which for things like micro transactions at a coffee shop, they are not too worried about a double spend. For one thing the transaction is small, secondly most people buying coffee at a cafe sit down there and drink it. And most companies price a small amount of theft into their business.

For big companies like Starbucks you just use the Fold app. Which you fill up your Starbucks card with bitcoins and pay at the counter with that card. Plus you save 20% on your purchase.

Most companies that accept bitcoins use a service like BitPay or CoinBase or Pey. Those companies handle the subtleties for their clients.

One brief moment when I was looking for a job I added private companies to my list. My skillset is wide and not specialized because of how contracts work. They need someone to fill a slot, they'll put you in that slot even if you know it just a little as long as you have a lot of experience and have a degree (and a clearance). So I've been a network engineer, software engineer, system admin, Java/C++/.NET/Ada, etc. A wide range of skills but no specialization in one single skill. While searching for a job in the private sector they tend to look for someone that is very specialized in one skill set, especially at the senior level. I interviewed for several Java positions and one person told me that I was more of a junior level programmer but my salary requirement was senior level. Which was true since I use Java for most positions but I am never a Java developer.

Plus the clearance I have, only .001% of Americans have that clearance. Which makes it easy to get a good paying job for any job that requires that clearance. There is certainly no outsourcing of my job to lower paid foreigners. That and my willingness to travel and live anywhere in the world (including war zones) gives me a very good salary. Getting paid $250k-$500k per year is not unheard of for my type of work in war zone environments (working 84 hour work weeks, 365 days a year). That's a lot of bitcoins.

I do plan on retiring in a few years, work on something I can just do over the Internet and travel the world. I'll retire a lot sooner if bitcoin goes over $2-3k.

Total Reduced Supply since halvening = 25,000 btc

That's slightly more than the much ballyhooed 24,000 the australian authorities 'auction' of confiscated coins that was "dumped" on the market ...

888 by September
1000 by October.

Why else would the price be about to hit $4xx? Little guy can buy too

First, never disclose how much you have... and where !

He didn't predict the hack, he stopped trading on it after it went offline for days as Bitcoin crashed. Half its users probably made the same decision. Knowing that your exchange could go offline for days during a price crash is a nightmare. Watching your coins go down and down in value when you can't access them is terrible, and for leveraged traders it's even worse.

T|hat was a tiny price drop of $10, and the price has gone back up by $10 to where it started from. Until Bitfinex opens up trading and withdrawals the price will go sideways. The trading/withdrawals is the only thing that's going to move the price.

I got my 64% back.

I'm thinking I'll need to use the courts to get the rest back but it's almost worth $5000 to not have to deal with the US justice religion.

Based on your own feelings (described as fear at this point), it seems that you are attempting to mock some common points of wisdom, specifically to attempt to not become too emotional regarding either your investment or your investment choices.

Do you really believe that advice, regarding keeping emotions out of your trades to be bad advice?

Yes, I will concede that humans have emotions, and even if you program some bot trading, you are still emotionally attached to your investment in some degree, otherwise you would not have spent time considering it and making such investments.

I doubt that anyone is really suggesting that you should be a bot or have no human emotions in respect to your investment, but over time, you should be able to establish systems (whether it is buy/ HODLing or trading) in which you have a general plan for no matter which direction the market goes.  Maybe you do not know every single specific of your plan because sometimes the plan may be that you need to review your plan and to reconsider your plan at various points and upon the triggering of certain events.

Anyhow, part of my point is that you can establish ways to attempt to minimize emotions..

I only use myself as an example because I am able to talk about my own situation, and surely from time to time, I feel emotions when the price moves against me and when it is very volatile, because a person cannot really know when it is going to stop in one direction or another, and even with myself, my built in assumption over time is that bitcoin prices are going to go up.  Therefore, I structure my strategy in such a way that my whole portfolio does better when prices go up, so yeah, my portfolio was doing fucking great all the way up to $779, and it is not in as great of shape at $566 as it was at $779.

Anyhow, I do have to reconfigure from time to time, and I attempt to be prepared for the price to go down in considerable ways, even if it were to return to the $200s.. though of course, matters are much better going up rather than down, and less down is better than a lot down.. yet  overall staying above the mid-$00s is good, too.   

I guess my main points is to prepare mentally and to prepare with your portfolio with a plan that is suitable for you, and if you are becoming extremely emotional, that is likely a sign that you have over invested either in one direction or another.. so you may need to tweak your holdings in order to remove some of the anxiety that is being evoked by the then current situation.

MK Ultra is not a branch of the NSA ... after all.

You only *think* bitcoin is anonymous.

it is, if you really want to.

A 10-year chart, set conspicuously to gold's bull run, squeaks rather than roars. Present a 100-year chart and we can talk about toppling the walls of Jericho.

Good morning Bitcoinland.

Missed a half a week and see I didn't miss anything. $578 according to BitcoinAverage.

That's a full month of sideways. Flat August. What will September bring?

I'd buy more coins before the probable price rise but I need to use my extra cash to buy my post-season baseball tickets before the deadline and secure my seats (and more) for next year.

My excess tickets will return more than double on Stubhub. Hopefully my bitcoins will return at least that much. Either way it's better than keeping money in some goofy bank.

I look at it this way. In 2013 the price shot up from about $125 to about $1200. Having been in bitcoin since 2010 I knew when it went up to $200 that the price was too high for that time. But when the price finally returned to normal almost 2 years later the price was around $300 which was the right price for that time.

Even though buying at $200 was buying overvalued coins...in the long run they were cheap coins.

$1,000 will be cheap coins in a few years no matter what the price does in the short term.