Title: for panic sellers: Post by: eindbaas on December 07, 2013, 05:03:17 AM Just watch this simulation:
http://fiatleak.com This crash is due some panic whales. There is 5x more money getting in to btc right now then we were at 1200 ;). Title: Re: for panic sellers: Post by: pletharoe on December 07, 2013, 08:06:04 AM Ummm.... I'm not sure I follow you. If there was 5x more money getting INTO BTC right now, surely the price would go up. I think what you might mean is that the total value of all trades is 5x.
I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases). These BTC have to come from somewhere. I guess that's China... It's daytime in Asia and I'm not seeing much being bought there. Title: Re: for panic sellers: Post by: malaimult on December 07, 2013, 08:14:47 AM Ummm.... I'm not sure I follow you. If there was 5x more money getting INTO BTC right now, surely the price would go up. I think what you might mean is that the total value of all trades is 5x. I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases). These BTC have to come from somewhere. I guess that's China... It's daytime in Asia and I'm not seeing much being bought there. +1 Title: Re: for panic sellers: Post by: psyclon on December 07, 2013, 08:55:14 AM Just watch this simulation: http://fiatleak.com This crash is due some panic whales. There is 5x more money getting in to btc right now then we were at 1200 ;). that's because people are selling. Title: Re: for panic sellers: Post by: dimke_yu on December 07, 2013, 08:57:20 AM This is expected, price needs to be down for a while because someone is preparing to enter BTC market after holidays and then uuuuuuuuuuuuuuuuuuuup
Title: Re: for panic sellers: Post by: tripppn on December 07, 2013, 10:38:54 AM This is expected, price needs to be down for a while because someone is preparing to enter BTC market after holidays and then uuuuuuuuuuuuuuuuuuuup Ya... Me!!! ;D Fall BTC Fall!!! I'm loving these prices and can't wait for the rebound. Title: Re: for panic sellers: Post by: LightningBlade on December 07, 2013, 03:55:56 PM Too late, already sold my BTC at $700
Title: Re: for panic sellers: Post by: A L I E N on December 08, 2013, 05:09:24 AM It is bottoming nicely at the $700 level if you are looking for a bargain.. Title: Re: for panic sellers: Post by: A L I E N on December 09, 2013, 03:54:46 AM It is bottoming nicely at the $700 level if you are looking for a bargain.. Did every get in on the nice bargains? Title: Re: for panic sellers: Post by: GriTBitS on December 09, 2013, 04:38:13 AM Ummm.... I'm not sure I follow you. If there was 5x more money getting INTO BTC right now, surely the price would go up. I think what you might mean is that the total value of all trades is 5x. I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases). These BTC have to come from somewhere. I guess that's China... It's daytime in Asia and I'm not seeing much being bought there. its called miners dumping also |