Bitcoin Forum

Economy => Speculation => Topic started by: eindbaas on December 07, 2013, 05:03:17 AM



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