Bitcoin Forum

widespread panic. sell sell sell

appreciate your FUD. Keep it coming  ;)

Your FUD don't belong here!  (Try speculation)

FUD, or reverse psychology?

Might be a good time to buy actually , the dip although significant wasn't too serious compared to previous panics in the last year or so. Also anytime there's been dips like this the price always rebounds strongly within a few days or a couple of weeks.  No indication the same wont happen here as things calm down and various investors who may be panicing right now realize that the CEO of Bitinstant being arrested has little to do with bitcoin itself and more to do with a single actor being engaged in something that was quite obviously illegal (if the allegations are true).

I believe there are quite a few investors who have poured money into bitcoin without knowing much about bitcoin, headlines like "CEO exhange arrested by Feds" could certainly cause some panic in those folks and the market is small enough that them dumping bitcoins in a panic will certainly result in a dip in exchange value.  Overall though I believe most people (especially bitcoin enuthists) will realize this latest news piece little to do with bitcoin itself and many will take advantage of the chance to buy bitcoins at a cheaper price.

Just my thoughts

If you look at a 7 day chart it actually looks like a completely natural market fluctuation.

Or neither  :)

This dip was not significant at all.  Heck, this is the same price it was 5 days ago.  If it drops to $400, then that would be significant (and temporary).  Regardless, Don't forget...Bitcoin is a Honey Badger.

If bitcoin can survive Silk Road closing and the main man being arrested, it can certainly survive this. Makes me wonder how many other "early adopters" came by their bitcoin millions though. Not spreading FUD, just curious. Guess the FBI will let us know in the next 6 months as they arrest more people as "information is traded".

the panic is at the top this time. thats whats different. last time, the panic was at the bottom.

I'm tired.  Good night everyone.

You can't sleep now. There's a dump on ;)

As many people that are dumping, there is probably an equal amount of people that have been sitting on the sidelines for a time like this to get in.  Just out of the people that i work with, there are several that want to invest about 10k each, and were just waiting to hopefully get them around $700 or slightly less.

I think they will get their wish in the next few hours ......

+1
Although you can never be sure about btc prices  :P

God no. Might be up to $1000 at bitstamp tomorrow - all the fun of the fair ;)

I sure hope so, it's really starting to get into almost negative territory compared to how things have been going to past few weeks - losing all gains now. And I can't even sell my DOGE or Earthcoins for BTC's either even though BTC is cheap now, because they've gone down over 20% too and who knows if or when either will recover and how strongly.

Your a Thief ,extortionist and scammer I really cant believe you have the gull to post on here anymore.
Please take your lies with you when you Exit.....

I'm wrong as usual - price has recovered very well at bitstamp.

Wish I heard the arrest news when it came out - could have sold then and make some bucks buying back. Instead heard the news first thing in morning in Asia, sold some coins, and the bottom promptly arrived :( so had to buy back for a loss. C'est la vie.

Don't think those $700 coins are coming any time soon my friend :)

If bitcoin can survive its network closing, it will certainly survive every other bad news.

at prices below zero of course.

The time to sell is NOT now. You will have plenty of time to sell in the next few months as price goes UP. Now is the time to BUY. Remember, buy low and sell high. Remember also, get greedy when everyone else panics and get panicky when everyone else turns greedy (or something like that, search Warren Buffet quote).

"Buy low, sell high" - such sage advice :)

Cannot see panic yet, should take a few days for the traders to digest all the good news.

Which will be bad, when perception hits their brains.

Please elucidate your thoughts - I cannot see a pattern there yet.

What does a topic about stocks in a bitcoin forum? ::)

That's not even a sentence in the English language dude - try  a bit harder.

Cry me a river :'(

Bad news is: There is no good news, only bad news.

Therefore price falling slightly until perception demands panicking.

Besides this, there is no pattern within my thoughts of course.

So this was the dump? Still waiting for cheap coins. Cash arrived @stamp, got a lot lot of money to spent  :)

I also am still waiting for "the dump" and looks like it is not going to happen any time soon. Unless OP meant the dump he took in his toilet this morning--and if that's the case, OP has no class, shares too much info online, should be banned.

lmao  ;D

The "My bitcoins are only worth what they were worth yesterday" meme seems appropriate here, maybe someone can post it...

dump ???  


hell no this is the game : lets get the price a bit down 750 its done,
becouse we buy cheap,...... now lets get the price again above and far behond the 1000,00 USD border !


i am a believer that the bitcoin wil have his value this year near 5000,00 !


i iam right pay me at my Bitcoin adress          : 16C83hHvFrbHnvMTCAuxWisNuHFH9zUcxd  


ow.... and thats not for me personal, but  for my project !  http://savegreyhound.hol.es/


i have spoken..............let te games begin

"i have spoken..............let te games begin"

The games began a long time ago my friend.

No problem.

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

Seems applicable almost every day.

That's been me almost every day this month.

really i'm just waiting for goldcoins to the moon  :D

ya know, I keep looking for this dump and all I see are clear blue skies. I smell some bear shit though. Is that the dump you're talking about?

The dump is off

Was hoping to get some cheap after arrest and NY hearing but it doesn't seem like anything is going to affect price much. Am I waiting for a dip that is already here? Is anyone buying right now?

Wait for another day or two, if China comes with some shit you might have some short time chance to buy some cheaper coins.

If that doesn't help, than my advice would be to buy. It might go down a bit after you buy but that's not guaranteed and too much waiting might make you to be late.

Jan 31st was the deadline for some of the China stuff...could be a price drop then, but who knows a lot of times things go backwards from logic

Or maybe the logic is based on backwards facts or assumptions.

This is the slow boiling frog dump.  This happened last year after the big spike to 260 and resultant crash to 50.  Price bounced back to over 150 and then traded around 100 for a long while slowly drifting lower over months before an accelerating fall to 65 in July.

We are pretty much stuck between 600 and 800 and will probably accelerate to 400 sometime late Spring early Summer and then bounce back.

And what a dump it was, rollercoaster of a ride :)

Very exact prediction. Which night did you dream this?

Of course, but I guess the award of eventually having lower entry point for newcomers is good enough for the risk of having bit higher.

I obviously won't sell all my coins but if I would just be entering the game I'd wait for few days before doing it.

What this prediction does not take into account is that the volatility, and periods in between price spikes, should both be lessened as adoption and price both increase.

I wouldn't be surprised if we've already seen the most of this post-$1200 period. Too many new merchants accepting, too many financial instruments in the works, too much regulatory attention.

Too many people expecting a crash on the 31st... the possibility of it has already been priced in. Anyone who really thinks it's going to crash has already SODL.

Yep. because past performance is always a guarantee of future ones.

Specially compared with summer of 2013. when we pretty much thought it's matter of a time when Bitcoin is going to be banned by USA and then rest of the bunch, or something like that, and today when we pretty much are assured it's going to be ok and legal.

I'm liking SODL as a word. Is SODL the new HODL ? :)

TRODL is actually the new HODL

Darned - I'm always behind the times ;)