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Title: Btc after weekends Post by: teodor87 on January 04, 2015, 12:34:25 PM do you think monday or next week btc will be more then 300$ per 1 btc ?
Title: Re: Btc after weekends Post by: sase007 on January 04, 2015, 12:36:14 PM I dont think so...
280$ maybe... Title: Re: Btc after weekends Post by: Q7 on January 04, 2015, 12:59:29 PM Which brings me to the question on why somebody or some big entity decides to sell on weekends instead of doing it on a normal working day.
Title: Re: Btc after weekends Post by: 1Referee on January 04, 2015, 01:04:25 PM Which brings me to the question on why somebody or some big entity decides to sell on weekends instead of doing it on a normal working day. Why not? This isn't the stock market where you are limited to working hours from Monday to Friday. The great thing about Bitcoin exchanges is that you can sell or buy whenever you want 24/7. Title: Re: Btc after weekends Post by: Bitcoin_BOy$ on January 04, 2015, 02:36:05 PM At this rate everyone one will buy and sell the price could not move
Title: Re: Btc after weekends Post by: hendracaw on January 04, 2015, 03:06:18 PM i think the price no more than $300.
Title: Re: Btc after weekends Post by: Possum577 on January 04, 2015, 05:44:32 PM Why do you think some big entity is doing the selling? Maybe it's a ton of smaller transactions?
Title: Re: Btc after weekends Post by: darkangel11 on January 04, 2015, 07:34:59 PM Why do you think some big entity is doing the selling? Maybe it's a ton of smaller transactions? Depends what you consider a smaller transaction. I've seen orders of 500+ BTC appearing in seconds one after another. Those who invested at 300+ got scared that it's not going up and dumped it all back to the ~280 which caused a panic sell that broke below 260... Check bitstamp for example the price was slowly sliding with some resistance to $280 and then dumped to 255 almost instantly (panic sell). panics usually have a rebound when they end, so the price should go back to ~290 in the coming days. Title: Re: Btc after weekends Post by: Coinshot on January 04, 2015, 07:57:19 PM It has to go to 250-260 before it can move up. A crash with big volume is better as it would swing it up with speed. So far it has been going down slowly which is not what I would have preferred.
Title: Re: Btc after weekends Post by: darkangel11 on January 04, 2015, 08:16:54 PM It has to go to 250-260 before it can move up. A crash with big volume is better as it would swing it up with speed. So far it has been going down slowly which is not what I would have preferred. There were no news to cause big selling pressure. Slow dump - slow recovery. Anyway btc is looking really weak atm looks like people are simply leaving not selling to buy low like they were doing 6 months ago.Title: Re: Btc after weekends Post by: Possum577 on January 04, 2015, 09:29:50 PM It has to go to 250-260 before it can move up. A crash with big volume is better as it would swing it up with speed. So far it has been going down slowly which is not what I would have preferred. There were no news to cause big selling pressure. Slow dump - slow recovery. Anyway btc is looking really weak atm looks like people are simply leaving not selling to buy low like they were doing 6 months ago.You're proving my point that it probably wasn't "one big entity" that's caused the decline in price. |