Bitcoin Forum

Economy => Speculation => Topic started by: thedarksun on March 21, 2014, 01:50:33 PM



Title: Dropping when no bads news are out means only thing
Post by: thedarksun on March 21, 2014, 01:50:33 PM
We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less. I think the current price is way high.


Title: Re: Dropping when no bads news are out means only thing
Post by: Searing on March 21, 2014, 02:01:13 PM
We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less. I think the current price is way high.

the rumor i heard is china central bank is squeaking about banning BTC again..I"m half a mind to say 'do it already'
I have 10.2k in a neptune  4Th likely unit from KNC if i can buy BTC for 6K the amount it would mine...i"ll punt that direction
(half the reason i'm keeping it now is just i like to mine)

so anyway that is the thread of talk right now.....

conflicted
Searing
 


Title: Re: Dropping when no bads news are out means only thing
Post by: kooke on March 21, 2014, 02:04:47 PM
I'd be surprised if it goes to $100. That would be about an 85% drop in the current value. BTC is good at surprising us though so who knows.


Title: Re: Dropping when no bads news are out means only thing
Post by: MatTheCat on March 21, 2014, 02:18:37 PM
We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less.

:facepalm:

Piramida *facepalmed* me when I stated I was selling at $1050.



Title: Re: Dropping when no bads news are out means only thing
Post by: Sawadekub on March 21, 2014, 02:27:42 PM
fake news

http://www.reddit.com/r/Bitcoin/comments/20zmmn/btc_china_says_they_have_not_received_a/


Title: Re: Dropping when no bads news are out means only thing
Post by: mvdheuvel1983 on March 21, 2014, 02:28:27 PM
Maybe stolen Goxcoins are being sold?


Title: Re: Dropping when no bads news are out means only thing
Post by: MatTheCat on March 21, 2014, 02:48:53 PM
Why did you sell at $1050? Are not aware we are heading to $1000000 (worst case scenario) pretty soon  ;D

This of course the received wisdom at this present time and I was fully aware of it.

However, when piramida starts *facepalming* 'naysayers', experience has taught me that is time to sell all Bitcoins, empty exchange accounts of every last cent, and when in polite society, completely deny that you have ever even heard of Bitcoin.

Maybe stolen Goxcoins are being sold?

And stolen coins from everywhere else.

If that is the case, it could be a long slow drip of perpetual selling pressure.


Title: Re: Dropping when no bads news are out means only thing
Post by: BittBurger on March 21, 2014, 02:50:14 PM
We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less.

:facepalm:

Piramida *facepalmed* me when I stated I was selling at $1050.


I would have too.  Unless you managed to get more in the process.   And that's just dumb luck.  But congrats if you did.  The smartest people in the Bitcoin space that I know, would have facepalmed selling at 1050.  Because yes ... Bitcoin is going much higher, and that's a potentially unnecessary risk to take. 

I've noticed that the day trader types don't seem to have any faith or confidence in the protocol or the infrastructure.  A lot of you guys don't look past the short term.  Its strange to me.

We aren't going to $100.  The base of the price (random guess - well into the 300's) has become much more substantial.



Title: Re: Dropping when no bads news are out means only thing
Post by: mvdheuvel1983 on March 21, 2014, 02:59:41 PM
Why did you sell at $1050? Are not aware we are heading to $1000000 (worst case scenario) pretty soon  ;D

This of course the received wisdom at this present time and I was fully aware of it.

However, when piramida starts *facepalming* 'naysayers', experience has taught me that is time to sell all Bitcoins, empty exchange accounts of every last cent, and when in polite society, completely deny that you have ever even heard of Bitcoin.

Maybe stolen Goxcoins are being sold?

And stolen coins from everywhere else.

If that is the case, it could be a long slow drip of perpetual selling pressure.

A huge percentage (at least 10 - 20 percent) of the whole bitcoin economy are coins that at some point were stolen from its previous owners.

Everyone here is in some way laundering stolen money. But because it's anonymous and there is money to be made, nobody seems to care about that dark fact about this "revolution that will change the world". Yeah, it's changing the world allright... into one big money laundering scheme.


Title: Re: Dropping when no bads news are out means only thing
Post by: Asrael999 on March 21, 2014, 03:03:12 PM
We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less. I think the current price is way high.

the rumor i heard is china central bank is squeaking about banning BTC again..I"m half a mind to say 'do it already'
I have 10.2k in a neptune  4Th likely unit from KNC if i can buy BTC for 6K the amount it would mine...i"ll punt that direction
(half the reason i'm keeping it now is just i like to mine)

so anyway that is the thread of talk right now.....

conflicted
Searing
 

The rumour was that the PBOC had ordered a halt to bitcoin trading by April 15th

The PBOC have now denied this rumour on their official microblog.    Price drop on FUD again.


Title: Re: Dropping when no bads news are out means only thing
Post by: Sawadekub on March 21, 2014, 03:04:44 PM
price fall because of fake china ban btc news

http://www.businessweek.com/articles/2014-03-20/btc-chinas-bobby-lee-bitcoin-isnt-really-banned-in-china-and-its-quickly-gaining-ground

READ!!!

http://www.reddit.com/r/Bitcoin/comments/20znt2/the_news_about_china_banning_bitcoin_is_false/

wake up guys!!


Title: Re: Dropping when no bads news are out means only thing
Post by: stash on March 21, 2014, 05:48:49 PM
Price are dropping to deepest one prior to the true breakout. Give it 1-2 weeks and see yourself.


Title: Re: Dropping when no bads news are out means only thing
Post by: notbatman on March 22, 2014, 10:17:38 AM
The short sighted attacks done out of fear and panic are going to cause a global cash of fiat and BTC to spike to $10,000 IMO. Gold & silver are also looking good.


Title: Re: Dropping when no bads news are out means only thing
Post by: notbatman on March 22, 2014, 10:32:43 AM
Bitcoin Amplification by Stimulated Emission of Fiat

Fire the LASER?


Title: Re: Dropping when no bads news are out means only thing
Post by: UnDerDoG81 on March 22, 2014, 12:09:50 PM
When people start making these kind of threads, we mostly go up soon :D


Title: Re: Dropping when no bads news are out means only thing
Post by: BidcoinBernd on March 22, 2014, 08:36:47 PM
MK is cashing out. Expect double digits soon.


Title: Re: Dropping when no bads news are out means only thing
Post by: Sawadekub on March 23, 2014, 04:00:06 AM
MK is cashing out. Expect double digits soon.

who the fk is MK? LOL while hes cashing people are buying.. only 12 mils coins.. and this world 1 person just need to have 0.1 btc.. price will soar!!


Title: Re: Dropping when no bads news are out means only thing
Post by: notbatman on March 23, 2014, 06:00:03 AM
Mrfancy Koffee (MK) is the anti-christ as described by the prophet Nostradamus.


Title: Re: Dropping when no bads news are out means only thing
Post by: Sawadekub on March 23, 2014, 06:55:55 AM
Mrfancy Koffee (MK) is the anti-christ as described by the prophet Nostradamus.

whats that goto do with btc?


Title: Re: Dropping when no bads news are out means only thing
Post by: InCoinsITrust on March 23, 2014, 07:11:06 AM
It will be back up to 6 hundred at the monday and rising.