I'm personnaly a bit trained into charting analyze and following bitcoin community for ~2years but as some of you are way more experienced into bitcoin world I would like to get your point on this :

To summarize my thoughts :
- We had plenty of cascading bad news (mainly related to mtgox),
- lots of relay on mainstream press showing bad sides of (current)-bitcoin-ecosystem,
- the malleability glitch is easy to be reported as "bug into bitcoin itseft" for non initiated people.

Even with this situation price fell "only" to 500$ and with big volumes. Except a main problem on bitcoin protocol itseft, I can't imagine worst than oldest/biggest marketplace falling - mtgox, used to be the leader and still was for medias).

From looking at recent events and charts I would presume that real floor is 500, would you ?

I'm in a similar boat.. I bought at $452... However, I have been buying as we go down.. and continuing to think that we are done going down...

My buying down affliction began about 3 weeks ago at $610, so it has been fairly costly... even though it is my strategy to buy while going down and sell while going up (I haven't really gotten to the sell part of my formula, yet). 

So it sounds as if your average buy-in price is below $500... Accordingly, you are in pretty decent shape... even though the circumstances may seem a little dire at the moment. 

My average buy-in price is currently at $662 (including transaction fees), yet I am NOT going to lock in any losses by selling b/c I am fairly confident that we will return to above my average buy-in price.. maybe by no later than end of April or maybe in May? 

In any event, even though I am nervous, I am not too worried, yet.

The Illuminati sent me here in collaboration with the grey alien banksters. They are trying to buy ALL of the Bitcoins, because they just love high risk, low reward investments



Yes, everyone who doesn't believe another one of those "This is the bottom, now it will go up! Doesn't matter that there is no reason for it to do so! It will just go up! It will! It will!", aren't just very bright. Bright people tend to do the same mistake for months, while not realizing the ineffectiveness of their method. You seem like a very bright fellow, I bet that you are considered as an scholar among your peers

I shorted several months ago, with the price being higher then 2x Now I am just bored to see this ugly slow downfall, and waiting to see if it will eventually come to an bottom that you could actually trust (the current one certainly isn't it lol). Then maybe I'll jump back on board. And when I'll do it, then it'll probably be an alt, not BTC, because their rises are more profitable, even if their rises are tied to BTC.
It's funny how the Cult started to attack me right away If I wanted to sell BTC to an investors, then I would hope that he hasn't heard about this place. Because by reading the majority of the posts in the speculation forum, makes BTC users seem like mindless lunatics

Well I would absolutely love if my posting would have enough effect to make the bottom come quicker. I would absolutely love if this horrible drag would already come to an end. But I'm not into comforting myself with illusions. Important players won't make their moves based on the general sentiment on this forum. They don't care if the lunatics here yell SELL SELL or BUY BUY. I'm only here to express myself and to pass the time.

I'm not trying to influence the Cult people here. In all probability you are holding only enough coins to influence the price 0,01% (no offense). There is no grand conspiracy why the bitcoin price is falling. The answers are actually really simple and visible.

I think that you can do whatever you wish. Even if that includes trying to persuade people that now is the time (again) when the price will only go upwards. Just don't get upset when I don't agree with you and share my opinion of it. There doesn't have to be a grand conspiracy of spreading FUD, every time someone disagrees with your zealous vision

you are in speculation thread. that is the only place on earth where trolls are getting paid. you cant really find an opinion here.

but, you have to understand that this is a two-way street: posting trains, choo-choos™, da moons™ and charts that are about to break upwards must be considered as trolling too.

triangles generally break out in the direction they came. why do you think it's going to break down? the bottom has been tested, and now it has bounced. it could be back up to 600 in a flash.

I have heard that somewhere before...

Aki4Real : 

Hopefully, you ARE ALREADY BUYING ON AN ONGOING BASIS and NOT waiting for some kind of "cheap coinz" break through? b/c in the end, there may NOT be that much difference between buying BTC at $400 or  at $450.. even though of course, each of us would like to buy BTC at the lowest price possible... .YET, in the end,  in BTC land, we do NOT know for sure where the price is gonna go... .even though there are quite a few smug predictions going both wayz.


Here’s my BTC buy  increments over the last two month.

590.70
668.80
595.00
606.16
592.37
569.61
537.20
576.00
545.55
524.00

484.02
462.61
462.99
455.56
408.64

520.00
580.00
678.85
653.00
610.00
623.50
604.08
585.50
550.19
581.93
566.12
517.03

485.92
525.48
482.53
452.70
446.44
476.00
439.82
428.68
418.60


Even though, at the moment, BTC price seems to be pretty decent (and low / cheap ☺ ), I am about tapped out on buying.  Nonetheless, I would like to buy some more, if the price were to dip into the below $430 range.  Of course, if we know for sure that BTC prices are going to dip lower than $430, then I would wait to buy at the lower price. 

It seems to me that nothing is for sure in BTC land.  ☺   Yet I am gambling that in the next couple of years, we will be up.. - hopefully up at least higher than my mutual funds... which I expect to be about 12% higher (6% per year on average) than my investment amount.