Bitcoin Forum

From the high and low of Mt.Gox , the rally downwards is starting, Mt.Gox high of $233 to a Low of $175, now at $192 will NOT Sustain itself the Big Whales are Dumping Big Time. They will get them to as low as possible before they buys back in. Common we need room for other coins, LTC, PPC, etc..

Maybe this whalers should drive Ltc..

The down hill will gain speeds very soon. It Goes Up Fast it will also comes Down Fast. Fasten your seat belts and get ready...

so how big is your buy order at 150 or 120?

Do I sense an aura of pessimism

We have been there before, from a high of $210 to a low of $70-$80. in a couple of days. The east will start dumping and the west will follow.

The east has pump up the price while the west follows.

Its not gonna go down this time.. chill.

The Drop has started .... give them a day or so .. you will know the difference. Those who sold earlier are the gainers.

It just matter of time when we are back where we were. Corrections are healthy. :)

What kinda low are people expecting us to hit?

Anywhere from $2 to $1000, depending on who you ask. The average consensus from what I have seen over the past day or two is $150, which seems to make the most sense. However, there is a pretty healthy bid wall ($2.1MM) at $175 which is where price bounced most recently after the mini- crash.

Growth for november will be like september. December may be another october.

January will be the new November and Spring will be Autumn.

Watch out for rain with a chance of meatballs.



 ;D

dont get a leak in your boat - or it will be really gone  ;D

Obligatory And Winter gave Spring and Summer a miss and went straight on into Autumn.

why do u pay so much attention to MTGOX price.  bitstamp price didn't go down that much, and they are now both virtually the same.  great correction imo.

The sad thing is everyone prefers mtgox over bitstamp or campbx or btc-e. Prices at mtgox is over inflated, pressure is building this balloon will burst very soon in a matter of days. 192 to 182 to 172 to 162 and down it went. The balloon is leaking, and it will burst soon.

who still trades at mtgox  ???

The very bottom of the bubble.

I hope it pops soon so i can snag some cheap BTC

Precisely: if history repeats itself, it's only a matter of 6 months before we are back to 200+ price levels no matter how low we are going to fall this time.

What does this have to do with LTC and PPC?

We're all gonna make it, brah

I think its going to go down but far, far, less than it did last time around.

Last time we went from $266 to $57.

I think this time we'll dive roughly half that, from $225 to $140-ish.

I think its highly unlikely to see sub-$140 prices on either Bitstamp or Gox for any non-trivial period of time.

So many bubbles.

http://i664.photobucket.com/albums/vv10/JimboToronto/suds.jpg (http://s664.photobucket.com/user/JimboToronto/media/suds.jpg.html)

I just hope it stays below $200 for a few more days while a $10k cheque clears so I can buy another 50 coins while they're still dirt cheap.

Feels like no bubble, at least post-correction.

This post sounds desperate to get people to buy into alt coins, not that I'm against it. But it sounds like you have an agenda.

How do you know that "$192 will NOT Sustain itself the Big Whales are Dumping Big Time"?

I agree. And if you compare charts of different markets, it seems like, in my opinion, China was the one who rose the price of bitcoin but now China is no longer leading it, and maybe we had a little correction in price because it was climbing too fast, but this was not a bubble at all, or at least we are not near a critical point in a bubble.

So much for corrections, MtGox is back at 200+
I dont believe this is a bubble, seems 150+ might be stable for long time