Bitcoin Forum

Economy => Speculation => Topic started by: Honeypot on August 24, 2014, 12:12:38 AM



Title: Bitcoin downward plunge starts again...
Post by: Honeypot on August 24, 2014, 12:12:38 AM
To sub 300, i presume. Thoughts?


Title: Re: Bitcoin downward plunge starts again...
Post by: windjc on August 24, 2014, 12:13:25 AM
You better short then. Right?

Be sure to post your trades so we can see how you do.


Title: Re: Bitcoin downward plunge starts again...
Post by: botany on August 24, 2014, 12:20:46 AM
Sub $500 is a buy. Buy buy buy...


Title: Re: Bitcoin downward plunge starts again...
Post by: cypherdoc on August 24, 2014, 12:28:54 AM
Sub $500 is a buy. Buy buy buy...

yes, yes, yes


Title: Re: Bitcoin downward plunge starts again...
Post by: sgbett on August 24, 2014, 12:35:14 AM
I remain long with an average purchase price of about -$300 should I sell ?


Title: Re: Bitcoin downward plunge starts again...
Post by: sgbett on August 24, 2014, 01:22:37 AM
I confess I misrepresented my position.

I just averaged out, end ended up with a figure. The figure makes it look 'easy' for me.

Purchase price should be what you are happy to pay, your sell price should be what you are happy to receive.

All the prices in between are just noise

To be clear I hAve X bitcoin, do I buy or sell?


Title: Re: Bitcoin downward plunge starts again...
Post by: simon28 on August 24, 2014, 02:01:15 AM
I confess I misrepresented my position.

I just averaged out, end ended up with a figure. The figure makes it look 'easy' for me.

Purchase price should be what you are happy to pay, your sell price should be what you are happy to receive.

All the prices in between are just noise

To be clear I hAve X bitcoin, do I buy or sell?

Is this your website?

http://haschinabannedbitcoin.com/


Title: Re: Bitcoin downward plunge starts again...
Post by: adamstgBit on August 24, 2014, 02:34:52 AM
300 dollar bitcoins
http://cdn2.hellogiggles.com/wp-content/uploads/2011/06/homer-drool-350x244.png


Title: Re: Bitcoin downward plunge starts again...
Post by: cypherdoc on August 24, 2014, 02:44:50 AM

where's that picture of you chasing the train?


Title: Re: Bitcoin downward plunge starts again...
Post by: adamstgBit on August 24, 2014, 02:52:33 AM

I dont chase trains, i get run over by trains tho...

hurts!


Title: Re: Bitcoin downward plunge starts again...
Post by: falllling on August 24, 2014, 03:02:13 AM
To sub 300, i presume. Thoughts?

agreed, bitcoin is going to nowhere but down!


Title: Re: Bitcoin downward plunge starts again...
Post by: windjc on August 24, 2014, 03:42:56 AM
To sub 300, i presume. Thoughts?

agreed, bitcoin is going to nowhere but down!

Then why the FUCK aren't you shorting?


Title: Re: Bitcoin downward plunge starts again...
Post by: BCEmporium on August 24, 2014, 11:20:59 AM
To sub 300, i presume. Thoughts?

agreed, bitcoin is going to nowhere but down!

Then why the FUCK aren't you shorting?

I believe some thinks the only way to make money in trade is if it goes up...


Title: Re: Bitcoin downward plunge starts again...
Post by: Wilhelm on August 24, 2014, 11:30:59 AM
I was shorting last night when out of nowhere the LTC price went from $4.3 to $5.2 and LTC/BTC from 0.0985 to 0.1020

Now I lot a few percent of my winnings and am butthurt a little :'(
I believe that the market wants to go up no matter what the TA says.

This is probably no more than a weekend dip.

I would advise against shorting for two reasons.
 - A lot of people are triggerhappy for the next bubble
 - For the greater good :>


Title: Re: Bitcoin downward plunge starts again...
Post by: antibitcoinconsortium on August 24, 2014, 01:04:16 PM
Well  it's time to pack your bags and take your dollars worth while you can.

My topics are being removed now because they know the information that we have threatens their beloved wealth in bitcoin.
We have decided to release all the information publicly within a few weeks. Making final preparations.


Title: Re: Bitcoin downward plunge starts again...
Post by: hotsaucee on August 24, 2014, 01:11:03 PM
Sub $300 is an opportunity for all of us. The bottom can't be much further due to all the huge investors who believe in it as a concept.

If it get to $400 I'll stagger buy the whole way down as far as it goes.


Title: Re: Bitcoin downward plunge starts again...
Post by: BCEmporium on August 24, 2014, 01:15:43 PM
Well  it's time to pack your bags and take your dollars worth while you can.

My topics are being removed now because they know the information that we have threatens their beloved wealth in bitcoin.
We have decided to release all the information publicly within a few weeks. Making final preparations.

Information from someone who talks about the owners of bitcoin and who accepts bitcoins to tell you how bitcoin will fail.
Sounds legit!


Title: Re: Bitcoin downward plunge starts again...
Post by: windjc on August 24, 2014, 07:01:26 PM
Well  it's time to pack your bags and take your dollars worth while you can.

My topics are being removed now because they know the information that we have threatens their beloved wealth in bitcoin.
We have decided to release all the information publicly within a few weeks. Making final preparations.

Hahahahahahahhaha. Did you ever get your NEM stake? lmao.


Title: Re: Bitcoin downward plunge starts again...
Post by: Coinfan on August 24, 2014, 07:56:29 PM
The plunge started long ago. It was masked by some strong rallies, but essentially the way have been down since December of 2013.


Title: Re: Bitcoin downward plunge starts again...
Post by: rogerwilco on August 25, 2014, 01:21:45 AM
My topics are being removed now because they know the information that we have threatens their beloved wealth in bitcoin.

No, it's because you're a one-note trombone that spams the forums under different aliases.


Title: Re: Bitcoin downward plunge starts again...
Post by: maker88 on August 25, 2014, 06:10:12 PM
Anyone notice this thread was started at 500$ and it went up to 525 then down to 500 then back to 505? Where is this downward plunge??


Title: Re: Bitcoin downward plunge starts again...
Post by: zetaray on August 25, 2014, 06:17:16 PM
There is no plunge, it is normal fluctuation. Please ignore people spreading FUD so they can buy cheap.


Title: Re: Bitcoin downward plunge starts again...
Post by: madken7777 on August 25, 2014, 06:24:40 PM
There is no plunge, it is normal fluctuation. Please ignore people spreading FUD so they can buy cheap.

$500 per coin that is backed by nothing but free market is by no mean cheap.

Not saying it won't go higher, but people should be aware of what they are buying.


Title: Re: Bitcoin downward plunge starts again...
Post by: falllling on August 25, 2014, 06:26:53 PM
bitcoin is going and can only go down! dead cat bounces won't last, kiss $500 goodbye


Title: Re: Bitcoin downward plunge starts again...
Post by: dropt on August 25, 2014, 07:09:18 PM
bitcoin is going and can only go down! dead cat bounces won't last, kiss $500 goodbye

You should google what a Dead Cat bounce is so you don't keep looking like a retard everytime you post it.


يجب أن جوجل ما هو ارتداد القط الميت حتى لا تبقى تبحث وكأنه في كل مرة تؤخر لك وظيفة لها
 

We'll all be kissing $500 goodbye as it shoots up!


Title: Re: Bitcoin downward plunge starts again...
Post by: bajlox on August 26, 2014, 09:05:12 AM
There is no plunge, it is normal fluctuation. Please ignore people spreading FUD so they can buy cheap.

$500 per coin that is backed by nothing but free market is by no mean cheap.

Not saying it won't go higher, but people should be aware of what they are buying.

could it be that the price is stable for now or it will go up like i read on forum jump is expected next month?


Title: Re: Bitcoin downward plunge starts again...
Post by: DavidHume on August 26, 2014, 09:25:06 AM
To sub 300, i presume. Thoughts?

It is still holding up nicely at 500. The flash crashed that occur a few days ago most likely due to margin call on btc-e and bitfinex.

The quick rebound shown traders are willing to buy up all coin lower than 450. A sign of bullishness.


Title: Re: Bitcoin downward plunge starts again...
Post by: Ayers on August 26, 2014, 02:49:14 PM
if you really think it will go in that way then dump and buy cheaper, otherwise just hold, personally i think it will rise for sure, maybe just a steady grow, there is still some pressume from the weak hands/miners


Title: Re: Bitcoin downward plunge starts again...
Post by: Coinfan on August 27, 2014, 12:59:48 AM
The crash started on the chinese exchanges Okcoin and Huobi as they are the ones that are leading the market.


Title: Re: Bitcoin downward plunge starts again...
Post by: ffe on August 27, 2014, 04:13:03 AM
bitcoin is going and can only go down! dead cat bounces won't last, kiss $500 goodbye

Dead cat bounces! Dead cat bounces!  Yay!


Title: Re: Bitcoin downward plunge starts again...
Post by: X7 on August 27, 2014, 04:31:12 AM
I get exhausted reading these FUD threads about bitcoin dying... :'(
Its moronic and ill-informed - well done captain FUD, you are rallying against the only actual currency the world has ever had that belonged to the people. The only technology which represents freedom and will fundamentally change all the things we do with centralized establishments.. Because fuck logic right?  :-\ It is so much better to be right and rebel like a red headed step child than actually put your anger and fear aside for a brief moment to genuinely analyze what the hell you are doing. ???

If you work for corporate bank and the IMF fuck you go away >:(, if you are just a miss informed individual who lets fear dictate the rebellious nature of his actions. I suggest you do more research into why so many intelligent people are saying this will win. :D

A price fluctuation means absolutely nothing.. If bitcoin dropped to 100$ I would buy every single one available.. your point = moot.  ;D


Title: Re: Bitcoin downward plunge starts again...
Post by: Coinfan on August 27, 2014, 04:44:39 AM
If bitcoin breaches the support up trend line currently at about 180 usds (on logarithmic charts), I'd be very concerned.


Title: Re: Bitcoin downward plunge starts again...
Post by: bajlox on August 27, 2014, 04:55:52 AM
The crash started on the chinese exchanges Okcoin and Huobi as they are the ones that are leading the market.

Yes chinese banned BTC ass payment so crash start it will rise in near future for sure


Title: Re: Bitcoin downward plunge starts again...
Post by: mustang77 on August 27, 2014, 03:49:07 PM
515 as we speak and going higher  ::)


Title: Re: Bitcoin downward plunge starts again...
Post by: botany on August 27, 2014, 04:26:58 PM
If bitcoin breaches the support up trend line currently at about 180 usds (on logarithmic charts), I'd be very concerned.

$180?? No danger of that happening in the recent future.


Title: Re: Bitcoin downward plunge starts again...
Post by: Coinfan on August 27, 2014, 11:34:21 PM
I'm not expecting that to happen, but that is my line on the sand. Below that would mean another 2011, a long bearish period and a deep to no one know where.


Title: Re: Bitcoin downward plunge starts again...
Post by: realbtcdealers4real on August 28, 2014, 03:27:35 PM
180 is delusional as it gets, big whales will jump hard before that.


Title: Re: Bitcoin downward plunge starts again...
Post by: botany on August 28, 2014, 03:46:05 PM
I'm not expecting that to happen, but that is my line on the sand. Below that would mean another 2011, a long bearish period and a deep to no one know where.


Could be followed by another 2013.  :)


Title: Re: Bitcoin downward plunge starts again...
Post by: falllling on August 28, 2014, 03:53:11 PM
I'm not expecting that to happen, but that is my line on the sand. Below that would mean another 2011, a long bearish period and a deep to no one know where.


Could be followed by another 2013.  :)

yea, bitcoin may drop to $1 again and "may be" you would see $30 again if you are lucky


Title: Re: Bitcoin downward plunge starts again...
Post by: dropt on August 28, 2014, 04:13:24 PM
yea, bitcoin may drop to $1 again and "may be" you would see $30 again if you are lucky

 :D :D :D You're such a moron! HHAHHAHAAHAHAH.  May Be you'll lose your virginity some day too!


Title: Re: Bitcoin downward plunge starts again...
Post by: X7 on August 28, 2014, 04:45:45 PM
I'm not expecting that to happen, but that is my line on the sand. Below that would mean another 2011, a long bearish period and a deep to no one know where.


Could be followed by another 2013.  :)

yea, bitcoin may drop to $1 again and "may be" you would see $30 again if you are lucky

Someone tag this kid as captain FUD


Title: Re: Bitcoin downward plunge starts again...
Post by: BCEmporium on August 28, 2014, 04:49:41 PM
yea, bitcoin may drop to $1 again and "may be" you would see $30 again if you are lucky

 :D :D :D You're such a moron! HHAHHAHAAHAHAH.  May Be you'll lose your virginity some day too!

(S)He doesn't rate enough towards the opposite sex for that to happen.  ;D


Title: Re: Bitcoin downward plunge starts again...
Post by: Coinfan on August 28, 2014, 06:28:05 PM
I really can't understand all this FUD. Do people really think they can have any kind of influence over the market by posting on a thread?

The ones calling the shots are the chinese exchanges. Many chinesese traders can't read english and they have their own foruns.

Posting here is completely irrelevant.

But it's also difficult to explain all the hate and aggressive answers against these trolls. Aggression is mostly a sign of insecurity. It's like if people were afraid of the consequences of the trolls posts. Insulting the trolls won't change a thing. Que sera, sera.

Maybe posting on alt coins can have some price influence. But this is bitcoin, not a small unknown alt coin.