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Title: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: 🏰 TradeFortress 🏰 on March 07, 2013, 01:32:58 AM We had a correction down to $40. While people were busily trolling on OTC on how bitcoins will be worth 1 cent again, the price is now back at $40.
Bitcoin has grown a lot, and we won't have another crash to the extent of the first one again. Just corrections. Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: flaab on March 07, 2013, 01:49:47 AM We had a correction down to $40. While people were busily trolling on OTC on how bitcoins will be worth 1 cent again, the price is now back at $40. Bitcoin has grown a lot, and we won't have another crash to the extent of the first one again. Just corrections. http://www.usagold.com/gildedopinion/mackay-tulip-mania.htmlTitle: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: dree12 on March 07, 2013, 02:00:22 AM When have we seen this before? (https://bitcointalk.org/index.php?topic=16519.0)
I wish people would stop making excuses. With every sudden rise is an equally sudden drop. Good luck to you bulls—you'll need it. Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: grue on March 07, 2013, 02:03:41 AM and it's crashing down to $36 again
Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: move_zig on March 07, 2013, 02:05:52 AM Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: Raoul Duke on March 07, 2013, 02:06:33 AM and it's crashing down to $36 again I see it at $43! Bitcoin is like Christmas... Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: dree12 on March 07, 2013, 02:07:22 AM Was at $44 a while ago. Now at $42. Soon we'll reach $32. Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: flaab on March 07, 2013, 02:08:12 AM The market does not go to infinity or zero in a few minutes. Take for example the chart of the last crash:
http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=Daily&c=1&s=2011-04-07&e=2011-08-12&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=0&p=0& As you can see, there 5 days where the bitcoin price ranged quite a lot. If you read candlestick charts, you'd see that during the first tanking day, it recovered quite a bit, to later tank again. There is nothing to be said now. Either bulls or bears will be right in 4 months. Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: Raoul Duke on March 07, 2013, 02:09:16 AM Was at $44 a while ago. Now at $42. Soon we'll reach $32. And after $32? ::) Hell, you don't even need to answer that, if what you say is so real in your head, you're a rich person. Go for it, dawg! Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: dree12 on March 07, 2013, 02:12:04 AM Was at $44 a while ago. Now at $42. Soon we'll reach $32. And after $32? ::) Hell, you don't even need to answer that, if what you say is so real in your head, you're a rich person. Go for it, dawg! We probably won't break $32, or at least so I'm hoping. And I already have gone for it, thank you. Title: Re: Back to $40, what did you expect? Bitcoin is not going to go under $30. Post by: Dargo on March 07, 2013, 02:13:15 AM Yow, this is what traders refer to as the "stair step up, elevator down."
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