Bitcoin Forum

Economy => Speculation => Topic started by: opsgame on July 04, 2014, 10:47:06 AM



Title: Price dropping , bitstamp low @ US$619
Post by: opsgame on July 04, 2014, 10:47:06 AM
any news ???


Title: Re: Price dropping , bitstamp low @ US$619
Post by: falllling on July 04, 2014, 10:59:18 AM
China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price


Title: Re: Price dropping , bitstamp low @ US$619
Post by: dgarcia on July 04, 2014, 11:02:22 AM
China banned bitcoin,
Europe banned bitcoin,

The us alone can't hold such a bubble price

Oh shit, now as you said this...

...I'll better sell.

And don't forget Bolivia...


Title: Re: Price dropping , bitstamp low @ US$619
Post by: falllling on July 04, 2014, 11:03:49 AM
China banned bitcoin,
Europe banned bitcoin,

The us alone can't hold such a bubble price

Oh shit, now as you said this...

...I'll better sell.

And don't forget Bolivia...

better sell now before losing more


Title: Re: Price dropping , bitstamp low @ US$619
Post by: FelixOliver on July 04, 2014, 11:04:29 AM
The EBA has "advised against the use of crypto currencies".. as you would expect them to, given their slave master heritage.

doesn't sound like a ban to me though.. but, overall, sentiment seems bearish... I'd advise to sell now and cut your losses if you bought in recently.



Title: Re: Price dropping , bitstamp low @ US$619
Post by: U.K.-BTC on July 04, 2014, 11:04:55 AM

China banned bitcoin,
Europe banned bitcoin,


China? ... Banned does not mean eliminated  :D

Europe? ... Has his monney in Switzerland and in Luxemburg.

...Swiss accept, or "legalized" Bitcoins, Luxemburg no news. Do you have a source for the statement about Europe?

Here a statement to Switzerland:

http://www.admin.ch/aktuell/00089/index.html?lang=en&msg-id=53513 (http://www.admin.ch/aktuell/00089/index.html?lang=en&msg-id=53513)

Any other news?  ???


Title: Re: Price dropping , bitstamp low @ US$619
Post by: falllling on July 04, 2014, 11:09:10 AM
http://www.bloomberg.com/news/2014-07-04/eu-banks-must-shun-bitcoin-until-rules-in-place-eba-says.html
http://mobile.reuters.com/article/idUSL6N0PE4M420140704?irpc=932

Quote
TOP NEWS
EUROPEAN BANKING AUTHORITY ADVISES BANKS IN EU NOT TO BUY, HOLD OR SELL VIRTUAL CURRENCIES LIKE BITCOIN UNTIL NEW RULES IN PLACE
Fri, Jul 04 05:00 AM EDT

Quote
“The more likely result of the announcement is to scare people from using digital currencies rather than banks.”

Let me get this straight: "advise" means "ban"

+ Russia banned bitcoin


Title: Re: Price dropping , bitstamp low @ US$619
Post by: alex0909 on July 04, 2014, 11:11:29 AM
Bear trap?  ;D


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Wilhelm on July 04, 2014, 11:13:07 AM
Bear trap?  ;D

Troll-trap ;)


Title: Re: Price dropping , bitstamp low @ US$619
Post by: maker88 on July 04, 2014, 11:15:38 AM
China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

 :D :D :D :D :D
europe banned bitcoin?! lol! jesus fallling you dont even try anymore do you?


Title: Re: Price dropping , bitstamp low @ US$619
Post by: U.K.-BTC on July 04, 2014, 11:16:11 AM

EUROPEAN BANKING AUTHORITY ADVISES BANKS IN EU NOT TO BUY, HOLD OR SELL VIRTUAL CURRENCIES LIKE BITCOIN UNTIL NEW RULES IN PLACE
Fri, Jul 04 05:00 AM EDT

I prefer that the banks do not have the Bitcoins. They are in better hands with the citizens.

In Switzerland there was the same statement (banks, please be careful with Bitcoins), until tha official statement. So this Reuters news does not mean that there will be a negative statement, it is conceivable that a similar statement as in Switzerland will follow?



Title: Re: Price dropping , bitstamp low @ US$619
Post by: Hyena on July 04, 2014, 11:24:50 AM
Africa just banned bitcoin! DOOM AND GLOOM EVERYONE, SELL!!!!


Title: Re: Price dropping , bitstamp low @ US$619
Post by: MICRO on July 04, 2014, 11:44:15 AM
China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

HAha, same old story , China banned bitcoin 15564848th time !


Title: Re: Price dropping , bitstamp low @ US$619
Post by: falllling on July 04, 2014, 11:49:37 AM
China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

HAha, same old story , China banned bitcoin 15564848th time !

yes and that's why bitcoin only worths half of the top bubble now. you see Europe is following too, i guess $300 is coming?


Title: Re: Price dropping , bitstamp low @ US$619
Post by: blatchcorn on July 04, 2014, 11:51:37 AM
I have banned bitcoin in my house PANIC SELLING


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Elwar on July 04, 2014, 12:02:41 PM
I took my phone full of bitcoins to the bank and tried to make a deposit.

Not only did the cashier advise against doing that, the bank manager said she is prohibited from depositing my bitcoins into my bank account!

Wells Fargo prohibits bitcoins!


Title: Re: Price dropping , bitstamp low @ US$619
Post by: wonkytonky on July 04, 2014, 12:43:22 PM
russia went more postive again  on bitcoin, lately.

europe just did some research.. and warns a bit for risks..   they want to keep viritual currencies   away from normal banking for now..
because cryptos are of high risks..
they not banning on exchanges or antyhing like that.

rtfm :)

man.. the cheap coins attempts are getting funny lately  thanks for that .. gotta scoop a few  below 630  wich was my target..

alsong 1 country thinks btc is not bad..  btc is winning.   soon there will be, and are already.  crypto safe heavens :) to play outside the box.



Title: Re: Price dropping , bitstamp low @ US$619
Post by: gondel on July 04, 2014, 01:01:31 PM
any news ???
HI,
BTC was under 550% these days so the price of 625 as it is now is not bad. For me a border under 600$ is mark that is getting low. Virtual currencies are huge risk in these early days so dont worry if you end up without no cash . Price is something which we will see grow in the next years as my opinion, but we will see.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Krabby on July 04, 2014, 01:14:20 PM
OH SHEESH YALL, ANTARTICA BANNED BITCOIN! SELL SELL.
Adam is no longer allowed in his home.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Paashaas on July 04, 2014, 01:17:58 PM
Can anyone remove Falllling from this forum? That guy is full of horseschit and has no use here, srsly.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: silvercane on July 04, 2014, 01:20:00 PM
Falling?
All I can see is a nice $640USD mark on preev. Looking good for me!


Title: Re: Price dropping , bitstamp low @ US$619
Post by: dgarcia on July 04, 2014, 01:55:09 PM
I have banned bitcoin in my house PANIC SELLING

You have to open a thread to declare it. You need more audience. With more audience and more private prohibtions of bitcoin we'll see the next drop...

c'mon! I'm going to ban bitcoin, too!


Title: Re: Price dropping , bitstamp low @ US$619
Post by: silvercane on July 04, 2014, 01:56:55 PM
I have banned bitcoin in my house PANIC SELLING

You have to open a thread to declare it. You need more audience. With more audience and more private prohibtions of bitcoin we'll see the next drop...

c'mon! I'm going to ban bitcoin, too!

I also banned bitcoin from my children. The future for bitcoin is over, sell now or you'll wake up tomorrow morning with your coins worth fractions of cents!


Title: Re: Price dropping , bitstamp low @ US$619
Post by: gentlemand on July 04, 2014, 02:00:29 PM
I forbade my friend's dog from touching it. He looked crestfallen, pissed on me and then went off to inform his furry friends. Dump imminent.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Lethn on July 04, 2014, 02:01:08 PM
UK just banned Bitcoin trolollolololololl


Title: Re: Price dropping , bitstamp low @ US$619
Post by: alex0909 on July 04, 2014, 02:12:27 PM
UK just banned Bitcoin trolollolololololl

Beginners Tip: When you try to troll, don't write ''Trolololo"   ;D  ;D



Title: Re: Price dropping , bitstamp low @ US$619
Post by: U.K.-BTC on July 04, 2014, 02:27:42 PM

Beginners Tip: don't write ''Trolololo"   ;D  ;D


ok, i'm a beginner...  :P

but, let me say that:    S E L L,  S E L L,  do it now, be fast and S E L L all what you can!

but dont use European trade-services, to risky afther the bann. do it ....  directly to me!  :-*

(i just found my account, ready to buy all your panic selling  ;D ;D ;D)


Title: Re: Price dropping , bitstamp low @ US$619
Post by: kryptopojken on July 04, 2014, 02:37:19 PM
ZOMG THE SUN JUST BANNED BITCOIN!!!! GUESS WE'RE GOING TO DA MOON INSTEAD!!!


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Febo on July 04, 2014, 03:02:13 PM
China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

Hurricane season started, so there might not last much of USA anyway.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Bitcopia on July 04, 2014, 03:23:08 PM
This is the best thread I've ever read. Thanks to everyone who has contributed. The insight has just been phenomenal.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: U.K.-BTC on July 04, 2014, 03:39:21 PM
This is the best thread I've ever read. Thanks to everyone who ...just ... phenomenal.


thanks Hero Member!   ::)

You can tip me @ my wallet adres...  sdfjghdfug?.?.?.?...                 ::)

ok, just joking. let's exeptionnaly have some fun at all this buisi time


Title: Re: Price dropping , bitstamp low @ US$619
Post by: arbitrage001 on July 04, 2014, 03:40:06 PM
619 is non-event. Less than 5% fluctuation.

There are a lot of good news regarding bitcoin lately. More merchants in the US are accepting it as payment. And it looks like Master Card is joining the bandwagon.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: JimboToronto on July 04, 2014, 03:50:59 PM
Can anyone remove Falllling from this forum? That guy is full of horseschit and has no use here, srsly.

What do you mean Faiiiling has no use? He serves not only as a source of comedy but also as someone people can feel superior to.

Kinda like the 3 Stooges or the Beverley Hillbillies.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: vuduchyld on July 04, 2014, 06:13:15 PM
619 is non-event. Less than 5% fluctuation.

There are a lot of good news regarding bitcoin lately. More merchants in the US are accepting it as payment. And it looks like Master Card is joining the bandwagon.


Agreed. It wasn't even enough of a drop for me to buy on the dip.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Malin Keshar on July 04, 2014, 06:45:15 PM

China banned bitcoin,
Europe banned bitcoin,


China? ... Banned does not mean eliminated  :D

Europe? ... Has his monney in Switzerland and in Luxemburg.

...Swiss accept, or "legalized" Bitcoins, Luxemburg no news. Do you have a source for the statement about Europe?

Here a statement to Switzerland:

http://www.admin.ch/aktuell/00089/index.html?lang=en&msg-id=53513 (http://www.admin.ch/aktuell/00089/index.html?lang=en&msg-id=53513)

Any other news?  ???


http://i570.photobucket.com/albums/ss141/nataliya_carlson/The_Sarcasm_Misunderstanding_by_ThePlotThinnens_zpsa65f7933.jpg



Its just default bitcoin behavior, some $20 or $30 variations without reason. Only something worth a topicif you use gold price as parameter


Title: Re: Price dropping , bitstamp low @ US$619
Post by: BTCfan1 on July 04, 2014, 10:15:39 PM
consolidation / shaking out before post-holiday rally


Title: Re: Price dropping , bitstamp low @ US$619
Post by: ajareselde on July 05, 2014, 10:33:53 PM
consolidation / shaking out before post-holiday rally

if you're expecting to see a rally, you're gonna hava a bad time.
no reason to justify even the current price, let alone think about pushing >700$


Title: Re: Price dropping , bitstamp low @ US$619
Post by: okthen on July 06, 2014, 01:29:55 AM
Price ain't falling.
It's just slightly bending its knees while preparing to jump ;D


Title: Re: Price dropping , bitstamp low @ US$619
Post by: jeffthebaker on July 06, 2014, 05:34:49 AM
China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

I think china has banned bitcoin like 4 times.

But hey maybe they will stop after the 5th ban.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: HarryT1923 on July 06, 2014, 05:37:23 AM
looks like that was right near the actual low. up now. ;)


Title: Re: Price dropping , bitstamp low @ US$619
Post by: HashFarmer on July 07, 2014, 08:02:13 AM
Europe banned? When?


Title: Re: Price dropping , bitstamp low @ US$619
Post by: ALToids on July 07, 2014, 12:01:51 PM
Low volume.  Somebody might be trying to create some action but nobody is moving.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: zimmah on July 07, 2014, 02:03:04 PM
Europe banned? When?

they never banned it, they just warned the banks about using it.

They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky".

So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: alex0909 on July 07, 2014, 02:06:34 PM
Europe banned? When?

they never banned it, they just warned the banks about using it.

They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky".

So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway.

Yeah, Germany legalised it.
France, UK, and the nordic countries have an open mind about it. That's 50%+ of the european GDP.

No way the EU can ban it in the whole union, they would have to all agree about this, and have tons of debate, meetings, etc.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: arbitrage001 on July 07, 2014, 02:15:39 PM
Europe banned? When?

they never banned it, they just warned the banks about using it.

They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky".

So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway.

Yeah, Germany legalised it.
France, UK, and the nordic countries have an open mind about it. That's 50%+ of the european GDP.

No way the EU can ban it in the whole union, they would have to all agree about this, and have tons of debate, meetings, etc.

Should not bother regulating it then. Let the market regulate itself.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Asrael999 on July 07, 2014, 02:19:05 PM
Europe banned? When?

they never banned it, they just warned the banks about using it.

They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky".

So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway.

Yeah, Germany legalised it.
France, UK, and the nordic countries have an open mind about it. That's 50%+ of the european GDP.

No way the EU can ban it in the whole union, they would have to all agree about this, and have tons of debate, meetings, etc.

Should not bother regulating it then. Let the market regulate itself.

They actually said to the banks (and no one else) don't use it until we have worked out how we are going to regulate the use of it by you" - ie the banks.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: CounterStrike on July 08, 2014, 12:01:08 PM
Looks like another low is coming, more bad news then expected..


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Equate on July 08, 2014, 12:23:21 PM
Looks like another low is coming, more bad news then expected..

Its price correction and still BTC is above 600 , so not that much to worry about.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: beegatewood on July 08, 2014, 12:45:17 PM
Looks like another low is coming, more bad news then expected..

Its price correction and still BTC is above 600 , so not that much to worry about.

Its worrying, the last time BTC drop from 600 to 500 in few hours...


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Ibian on July 08, 2014, 01:08:29 PM
Looks like another low is coming, more bad news then expected..

Its price correction and still BTC is above 600 , so not that much to worry about.

Its worrying, the last time BTC drop from 600 to 500 in few hours...
Sure hope so. I'm not done buying.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: negafen on July 08, 2014, 05:16:44 PM
Looks like another low is coming, more bad news then expected..

Its price correction and still BTC is above 600 , so not that much to worry about.

Its worrying, the last time BTC drop from 600 to 500 in few hours...
Sure hope so. I'm not done buying.

May load up if the price drop to less than 500.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Wolf Rainer on July 08, 2014, 05:24:17 PM
Stop with this threads, bitcoin itīs healty and i will become the biggest currency of the world so stop trying and wishing it to fail.


Title: Re: Price dropping , bitstamp low @ US$619
Post by: Krabby on July 08, 2014, 06:16:36 PM
Stop with this threads, bitcoin itīs healty and i will become the biggest currency of the world so stop trying and wishing it to fail.

I don't see why they want it to fail.
Cheap coins?


Title: Re: Price dropping , bitstamp low @ US$619
Post by: ThatDGuy on July 08, 2014, 07:47:42 PM
Stop with this threads, bitcoin itīs healty and i will become the biggest currency of the world so stop trying and wishing it to fail.

I don't see why they want it to fail.
Cheap coins?

Bingo.  The few that genuinely want it to fail are the ones that missed too many buying opportunities or sold all they had low and are just bitter.