Bitcoin Forum

Economy => Speculation => Topic started by: turvarya on March 20, 2014, 01:24:18 PM



Title: BTC-E: BTC-price dropped
Post by: turvarya on March 20, 2014, 01:24:18 PM
I just saw that there was a drop on BTC-E some hours ago, but I didn't find anything about it here on the Forum(maybe I didn't look in the right place).
Does Anybody know, what is going on?


Title: Re: BTC-E: BTC-price dropped
Post by: S4VV4S on March 20, 2014, 01:27:46 PM
Bitstamp price is down too.

Maybe someone dumped a lot of coins.


Title: Re: BTC-E: BTC-price dropped
Post by: lnternet on March 20, 2014, 01:32:28 PM
OMG wtf 2% change in a day no what is causing this mayhem


Title: Re: BTC-E: BTC-price dropped
Post by: turvarya on March 20, 2014, 01:41:13 PM
OMG wtf 2% change in a day no what is causing this mayhem
I am just wondering, since the blockchain-problem didn't seem to effect the Price much and it was pretty stable for some time now.


Title: Re: BTC-E: BTC-price dropped
Post by: El Dude on March 20, 2014, 01:41:22 PM
gox coins getting mixed and sold.


Title: Re: BTC-E: BTC-price dropped
Post by: davida on March 20, 2014, 01:44:16 PM
go to bitcoinwisdom.com  

set the chart to 1d intervals.

drag the chart back to April 2013.

Now drag chart back to current date, then compare charts with each other.

You can see after the boom from $10 to $260 in April there was several months of falling prices going from steady $150 down to below $75 over the course of a few months.

I remember it all too well.  

Back then, most weak hands drop their bags and ran, while they felt happy for selling the bitcoin they paid $10 for around $100, just because they fear the price would fall back to lower than before.

Price remained falling from April -July 2013, then one day mid july price turned, went above $100 and never looked back.

Although it feels like this downward trend will continue forever i can assure you, one day when you least expect it, tides will turn and the price will start trend upwards once again.  Could be next week, could a a couple of months away yet.

Now is the time for smart money to be BUYING, while the majority are in fear and panicking about the value of their coins.




Title: Re: BTC-E: BTC-price dropped
Post by: MrBea on March 20, 2014, 01:46:14 PM
I am a buyer.

Bitcoin IS savings


Title: Re: BTC-E: BTC-price dropped
Post by: leopard2 on March 20, 2014, 02:03:43 PM
I believe this is stolen Gox, Poloniex, Coinex and so on, scammers cashing out while they can.

When the first scammers get caught, and they will be caught, price will go up quite a bit!

That will be a wonderful day. Dirty scumbags. >:(


Title: Re: BTC-E: BTC-price dropped
Post by: sudoku on March 20, 2014, 02:30:26 PM
http://fiatleak.com/ (http://fiatleak.com/)

China dominates bitcoin trading volume. The answer is likely to be found there.


Title: Re: BTC-E: BTC-price dropped
Post by: S4VV4S on March 20, 2014, 03:18:30 PM
http://fiatleak.com/ (http://fiatleak.com/)

China dominates bitcoin trading volume. The answer is likely to be found there.

It's AvalonShenszen selling the coins he got from his scam  ;)


Title: Re: BTC-E: BTC-price dropped
Post by: segeln on March 20, 2014, 03:18:59 PM
OMG wtf 2% change in a day no what is causing this mayhem
1+
weak hands


Title: Re: BTC-E: BTC-price dropped
Post by: eoJ on March 21, 2014, 02:19:18 PM
http://fiatleak.com/ (http://fiatleak.com/)
Why do people link to that site? Be a bull or a bear, fine, but don't try to deceive people.


Title: Re: BTC-E: BTC-price dropped
Post by: mvdheuvel1983 on March 21, 2014, 02:30:36 PM
I believe this is stolen Gox, Poloniex, Coinex and so on, scammers cashing out while they can.

When the first scammers get caught, and they will be caught, price will go up quite a bit!

That will be a wonderful day. Dirty scumbags. >:(

But in the meantime you are.... buying stolen coins?