Bitcoin Forum

Economy => Speculation => Topic started by: smoothie on February 02, 2013, 09:12:43 AM



Title: Let me see if I can get this right...
Post by: smoothie on February 02, 2013, 09:12:43 AM
"why did the price go down? ? ? ? ? ?  :'(

Why oh why oh why?

How come how come how come....

You go down bitcoin?

You no love me long time?  :'( :'( :-\ :-\"




 :D :D :D :D


Title: Re: Let me see if I can get this right...
Post by: 420 on February 02, 2013, 09:13:21 AM
"why did the price go down? ? ? ? ? ?  :'(

Why oh why oh why?

How come how come how come....

You go down bitcoin?

You no love me long time?  :'( :'( :-\ :-\"




 :D :D :D :D

https://i.imgur.com/fUsjs.jpg


Title: Re: Let me see if I can get this right...
Post by: oakpacific on February 02, 2013, 09:20:28 AM
This dump is such a relief, I almost feel grateful for the bears/Avalon gods, etc. Finally the RSI could dip below 70 for a while, if it were to stay above there, I would really not know what to do.


Title: Re: Let me see if I can get this right...
Post by: Luno on February 02, 2013, 09:44:21 AM
This dump had a wavery bottom. It didn't land on a strong support level!

Most must be sleeping, or watching in disbelief!


Title: Re: Let me see if I can get this right...
Post by: notme on February 02, 2013, 04:21:41 PM
Oh noes, a 10% correction that immediately recovered to $0.30 below where it started ::).


Title: Re: Let me see if I can get this right...
Post by: cypherdoc on February 02, 2013, 04:48:39 PM
"why did the price go down? ? ? ? ? ?  :'(

Why oh why oh why?

How come how come how come....

You go down bitcoin?

You no love me long time?  :'( :'( :-\ :-\"




 :D :D :D :D

lol!  not bad smoothie.


Title: Re: Let me see if I can get this right...
Post by: Peter Lambert on February 02, 2013, 05:16:24 PM
"why did the price go down? ? ? ? ? ?  :'(

Why oh why oh why?

How come how come how come....

You go down bitcoin?

You no love me long time?  :'( :'( :-\ :-\"




 :D :D :D :D

Well, if you look at the data, the price was going steadily downward for about a day before the latest dump. Maybe somebody thought the rally was over, and wanted to dump while we are at the top?

I welcome some downward movement, since I am slowly buying bitcoins right now, and I would prefer the price stays low until I get to the position I want to hold. Then the price can jump.


Title: Re: Let me see if I can get this right...
Post by: notme on February 02, 2013, 05:22:29 PM
I welcome some downward movement, since I am slowly buying bitcoins right now, and I would prefer the price stays low until I get to the position I want to hold. Then the price can jump.

This.


Title: Re: Let me see if I can get this right...
Post by: Beta-coiner1 on February 02, 2013, 07:14:48 PM
It seems to be right on cue actually.It relieves some of the pressure on BTC being too valuable or more notably called a "correction".