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BitCoins are now a big BUY!! Get in now they are going to continue to skyrocket!

by TheLasersShadow

Mar 28, 2013

(TLS)- For A long while I was skeptical of bitcoin I always thought there would be some flaw that might scrap the system. I like so many are really mad at ourselves right now for not taking the plunge into bitcoin last year sometime. If you think $100 a bitcoin is high you haven't seen anything yet. I expect the currency to double before years end.

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You can see in the chart some big money jumps in around $50 a BTC (bitcoin) Over $350,000,000 has jumped into BTC since the beginning of the year. Bitcoin has now taken root I don't see this as a fad at all but a consequence of the global markets and the fear now in the EU of confiscation of deposits in regular banks. What happened in Cyprus is now going to be the standard bailout method in the EU. If this occurs in Portugal or Spain next BTC will skyrocket even more so than it is now. People are desperate for a currency that big brother can't steal with the click of a button and BTC is now that currency. 

Beyond being a currency it is now in my eyes an investment, a commodity even. A currency that you can hold anonymously, spend anonymously and have appreciate in value anonymously. This is really the currency of the revolution! Now is the time to buy.

More on bitcoin >> http://lifehacker.com/5991523/what-is-bitcoin-and-what-can-i-do-wit...

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  • up

    TheLasersShadow

    A lot has happened since I posted this, bitcoin hit a high of $1240 and right now is sitting at about $550 a coin. If your looking to get into bitcoin right now is a buying opportunity. It may go lower if MtGox.com goes bankrupt so keep an eye on that. Coinbase.com is the best place I know for Americans to buy bitcoins right now. I'll make another prediction and say before years end we'll see another spike in price similar in magnitude to past price spikes and maybe end 2014 at $1500-$2000 a bitcoin. Litecoin is also a big BUY! right now its hovering under $15 a coin by years end I see it at $50-$75 a coin possibly much more if greater adoption happens.

    1

    Feb 21, 2014

    • up

      Not mainstreamer

      Bitcoin chart

      http://bitcoincharts.com/charts/bitstampUSD#rg730ztgSzm1g10zm2g25zv

      From 3 to 600 in 14 months = 20,000%

      Feb 21, 2014

      • up

        Not mainstreamer

        Simple investment stategy

        • Wait till 50% retracement, invest 10%
        • At 60% retracement, another 10%
        • At 70% retracement, another 10%
        • At 80% retracement, another 10%
        • At 90% retracement, another 10%
        • When up 20-30% sell 10%
        • When up another 20-30% sell another 10%
        • When up another 20-30% sell another 10%
        • When up another 20-30% sell another 10%
        • When up another 20-30% sell another 10%

        In this way the only thing you have to do is to place buy limit orders ... day does not matter, and sell limit orders ... day does not matter. The rest is automatic

        sell limit order
        This is kind of a pending order that executes when the price rises above certain level, hence making it more profitable.

        Safe way to avoid being screwed

        Feb 21, 2014