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Title: Bitcoin at $600 and going down down Post by: max. on December 07, 2013, 08:00:38 AM At this moment bitcoin is at $600 in mtgox and going down and down.
How much lower it will go, could bitcoin goes to $10 or less? People that could sell their bitcoins at $1100 made a lot of money. But reading on this forum that was not an easy task with the main exchangers. Title: Re: Bitcoin at $600 and going down down Post by: WillBit on December 07, 2013, 08:01:42 AM YAY! cheap coins again!!
Title: Re: Bitcoin at $600 and going down down Post by: burnum on December 07, 2013, 08:18:39 AM I will buy a bunch at $10, never going to happen though, i am guessing speculators are dropping their investment with all the bad news about it lately, but those of us that want to use it give it its value, now all you new millionaires need to ask your new gardener if they will accept it as payment, and your cleaners, and whomever else you think you can pay with it.
It will bounce right back, mark my words. Title: Re: Bitcoin at $600 and going down down Post by: AnonyMint on December 07, 2013, 08:20:56 AM Reason for drop explained at the following linked thread:
So apparently 80% realize and up to 20% are willing to panic. So this is how the concentration of ownership in Bitcoin possibly increases, as the weak hands pass it to the strong hands. Yes. This is how pigs get slaughtered. :) Title: Re: Bitcoin at $600 and going down down Post by: strideynet on December 07, 2013, 08:29:01 AM Sell half your coins if your worried. Keep the others. Buy back when really low. Dilution.
Title: Re: Bitcoin at $600 and going down down Post by: AnonyMint on December 07, 2013, 08:32:47 AM Sell half your coins if your worried. Keep the others. Buy back when really low. Dilution. rpietila predicted $500 last week. His trend line shows that to be the low. Silly to sell now at $600 if true. Title: Re: Bitcoin at $600 and going down down Post by: whiskers75 on December 07, 2013, 08:51:40 AM Darn.
http://kittenco.in/ is crashing my browser due to the sheer amount of sells :-\ Title: Re: Bitcoin at $600 and going down down Post by: Prolifik on December 07, 2013, 08:56:02 AM I expected this drop. It's just Bitcoin doing it's thing.
Title: Re: Bitcoin at $600 and going down down Post by: theecoinomist on December 07, 2013, 01:25:47 PM It will go below zero and just holding would put you in debt
Title: Re: Bitcoin at $600 and going down down Post by: Beta-coiner1 on December 07, 2013, 01:28:58 PM THIS is where you make profitssssss
Title: Re: Bitcoin at $600 and going down down Post by: raskolnikovx on December 07, 2013, 01:31:17 PM It gonna climb back up. You will see this on Monday.
As you wait get cheap coins! Title: Re: Bitcoin at $600 and going down down Post by: GriTBitS on December 07, 2013, 02:03:58 PM It will go below zero and just holding would put you in debt hahahaha love it Title: Re: Bitcoin at $600 and going down down Post by: manuel on December 07, 2013, 02:31:47 PM Sell half your coins if your worried. Keep the others. Buy back when really low. Dilution. rpietila predicted $500 last week. His trend line shows that to be the low. Silly to sell now at $600 if true. How did he manage that? Title: Re: Bitcoin at $600 and going down down Post by: Kuroth on December 07, 2013, 03:23:29 PM LOVE it.. Hope it keeps going down.. Bot I use got me out of Bitcoin at $998... All Cash now baby.. I sleep well at night..
Now my Bot will buy a BUNCH more BTC once the price starts back up.. Buy And Hold?????? hahahahahahahahahahahahahahahahahahah |