Bitcoin Forum

Economy => Speculation => Topic started by: bootmii on April 03, 2013, 09:17:56 PM



Title: EVERYONE SHORT
Post by: bootmii on April 03, 2013, 09:17:56 PM
Bitcoin is falling, probably to its demise.


Title: Re: EVERYONE SHORT
Post by: humanitee on April 03, 2013, 09:18:37 PM
/s


Title: Re: EVERYONE SHORT
Post by: adamstgBit on April 03, 2013, 09:20:43 PM
LMAO..

Dude, price is going down due to MTGox's instability not because there's a selloff per se...
when mtgox gets its shit together again we'll see bitcoin back in the $150's

ok well i guess its over then  :P



Title: Re: EVERYONE SHORT
Post by: bootmii on April 03, 2013, 09:21:22 PM
nope still falling…


Title: Re: EVERYONE SHORT
Post by: humanitee on April 03, 2013, 09:24:43 PM
nope still falling…
It can go down to 80 for all I care. I'm not selling a single satoshi :)

If true, thanks.


Title: Re: EVERYONE SHORT
Post by: Rampion on April 03, 2013, 09:24:50 PM
nope still falling…
It can go down to 80 for all I care. I'm not selling a single satoshi :)

Down to 80? Down to single figures! Man, I have wet dreams with that, I would at least triple my holdings in BTC if that buy opportunity materializes



Title: Re: EVERYONE SHORT
Post by: deadweasel on April 03, 2013, 09:25:29 PM
nope still falling…
It can go down to 80 for all I care. I'm not selling a single satoshi :)

+1     


Title: Re: EVERYONE SHORT
Post by: Luno on April 03, 2013, 09:27:14 PM
LMAO..

Dude, price is going down due to MTGox's instability not because there's a selloff per se...
when mtgox gets its shit together again we'll see bitcoin back in the $150's

ok well i guess its over then  :P



I thought you were joking the whole year but you were completely right all the time!


Title: Re: EVERYONE SHORT
Post by: nobbynobbynoob on April 03, 2013, 09:36:09 PM
These dumps can be healthy for bitcoin longer term. They seem to disperse the 'coins and flush out some of the "scared money". Despite the horrendous goxlag (did I just invent a new bitcoinspeakword?), I've noticed lots of fair-sized dumps without many correspondingly large buy-ups, yet the price has only descended moderately. That suggests there's a lot of hidden support in small bids (I've set Bitcoinity to filter out the sub-BTC5 chaff).


Title: Re: EVERYONE SHORT
Post by: CurbsideProphet on April 03, 2013, 09:50:13 PM
These dumps can be healthy for bitcoin longer term. They seem to disperse the 'coins and flush out some of the "scared money". Despite the horrendous goxlag (did I just invent a new bitcoinspeakword?), I've noticed lots of fair-sized dumps without many correspondingly large buy-ups, yet the price has only descended moderately. That suggests there's a lot of hidden support in small bids (I've set Bitcoinity to filter out the sub-BTC5 chaff).

This.  A healthy market needs to correct.  Nothing goes straight up and if it does, it comes down real quick (i.e. tulip mania).  Just because price declines, even a substantial amount from where we are, that doesn't mean it was a bubble.  It's a correction and those happen and will continue to happen.  Every investment that has had a long and strong sustained level of growth correct along the way.  They're called channels and not rocket ships for a reason.  People thinking this will go to the moon nice and smooth are not being realistic.


Title: Re: EVERYONE SHORT
Post by: BitcoinTate on April 03, 2013, 09:50:51 PM
And its back to $130 bahaha


Title: Re: EVERYONE SHORT
Post by: BTC Books on April 03, 2013, 10:14:13 PM
Bitcoin is falling, probably to its demise.

If everyone was short, Randy Newman never would have made the big time - and we'd all be poorer for that.

Which makes an awful lot more sense than the OP, if you stop to think about it...


Title: Re: EVERYONE SHORT
Post by: proudhon on April 03, 2013, 10:40:23 PM
Odds are very good that we'll see low double digits again, and when we get back down there, there's a good chance we can make it back into the single digits if enough people are turned off by the crash.


Title: Re: EVERYONE SHORT
Post by: bitcon on April 03, 2013, 10:48:29 PM
still at $153 at Virwox!


Title: Re: EVERYONE SHORT
Post by: BitcoinTate on April 03, 2013, 10:59:57 PM
Odds are very good that we'll see low double digits again, and when we get back down there, there's a good chance we can make it back into the single digits if enough people are turned off by the crash.
Nope. Now they are turned on becouse they see how much money they can make in a single day. Now I am thinking shit, when it hits $500 I will sell and buy back in at $300 in the same day. lol


Title: Re: EVERYONE SHORT
Post by: oakpacific on April 04, 2013, 01:41:24 AM
Where do you short? My bitcoins are ready for you to borrow. ;D


Title: Re: EVERYONE SHORT
Post by: deathcode on April 04, 2013, 06:00:48 AM
Where do you short? My bitcoins are ready for you to borrow. ;D

+1

:)


Title: Re: EVERYONE SHORT
Post by: ManBearPig on April 04, 2013, 08:51:27 PM
Short? Take your old-school financial scumbaggery elsewhere. You short it by holding a competing currency :p