The Bitcoin Thread

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Where is our dear bitcoin hater Biometrics now. This would be food for his soul....Lol!!! In the meantime I will HOLD!!!! untill there is nothing to hold no more
 
voldoverse said:
eeek close to breaking a 100 now....
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Will the weak/soft hands please just sell and get on with it so the coin can bottom out and we can all buy in? The lambo I am eying will go out of fashion at this rate. Christ, who knows if the moon won't have flown out into deep space.
 
Lots of sellers on Luno. I wonder who is selling now. Traders or people who have been holding since the drop from R300k?

I see a lot of people getting burned if they are selling now to try and buy for cheaper. Luno is already several thousand too low and the sell orders on the book are spread very thin. There's less than 10BTC total to go from R101k to R110k. So many are going to be left stranded having sold for R101k when the buying starts and the price moves to R110k almost instantly.
 
SaiyanZ said:
BTC special on Luno at the moment. Soon you'll be able to do arbitrage by buying on Luno and selling elsewhere. What a time to be alive.
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exchanges are making a killing on days like these...or rather weeks:crylaugh:

imagine all the instant sells ...
 
SaiyanZ said:
Lots of sellers on Luno. I wonder who is selling now. Traders or people who have been holding since the drop from R300k?

I see a lot of people getting burned if they are selling now to try and buy for cheaper. Luno is already several thousand too low and the sell orders on the book are spread very thin. There's less than 10BTC total to go from R101k to R110k. So many are going to be left stranded having sold for R101k when the buying starts and the price moves to R110k almost instantly.
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People lose their minds during times like these, and during bull fomo markets, lol. I'm deciding whether to buy using the rest of my savings now or later or never. Probably never
 
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*SynergyX* said:
exchanges are making a killing on days like these...or rather weeks:crylaugh:

imagine all the instant sells ...
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There's always one instant sell for every single trade. So the exchanges are always making a killing.

The 24 hour volume on Luno is actually surprisingly low considering the lower price of BTC and the drop today. We only at 1.7k BTC traded whereas we had over 2k BTC traded on some days in November/December.
 
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Sly21C said:
People lose their minds during times like these, and during bull fomo markets, lol. I'm deciding whether to buy using the rest of my savings now or later or never. Probably never
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Im actually thinking of selling all my holdings and buying in again, even with the loss ill take, ill end up with more BTC than before.. not sure if its a good move tho
 
Zulfi said:
Im actually thinking of selling all my holdings and buying in again, even with the loss ill take, ill end up with more BTC than before.. not sure if its a good move tho
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Bad idea IMHO. Trading results in more money being lost, but only if you're an inexperienced trader.
 
Zulfi said:
Im actually thinking of selling all my holdings and buying in again, even with the loss ill take, ill end up with more BTC than before.. not sure if its a good move tho
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i took a chace and did that between 110 and 106 and it worked thankfully, a little feel better prize for my sad looking portfolio if you will
 
Sly21C said:
Bad idea IMHO. Trading results in more money being lost, but only if you're a bad trader.
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yeah, "Bad Trader" is my middle name.. guess im hodl'n - anyone else care to share their opinions on the matter?
 
My plan was to buy if it's under $9k...but gonna wait a bit longer
 
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