Bitcoin Forum

Economy => Speculation => Topic started by: Sammal on January 04, 2015, 03:49:30 PM



Title: BTC DROPPING? but why?
Post by: Sammal on January 04, 2015, 03:49:30 PM
I understand btc drops but how so hard and how so fast? $260 a btc wth


Title: Re: BTC DROPPING? but why?
Post by: premium_domainer on January 04, 2015, 03:50:23 PM
lot of panic sales  ;D


Title: Re: BTC DROPPING? but why?
Post by: Wandererfromthenorth on January 04, 2015, 03:55:28 PM
I understand btc drops but how so hard and how so fast? $260 a btc wth
By looking at the fundamentals it's clear that crashes like this were gonna happen, price structure just created the momentum to start a big one.


Title: Re: BTC DROPPING? but why?
Post by: SmoothCurves on January 04, 2015, 03:56:11 PM
it's a gift. Buy low!


Title: Re: BTC DROPPING? but why?
Post by: neurotypical on January 04, 2015, 05:19:02 PM
Dumbos cashing out to buy silly xmas presents all over the world, dumbos panic selling due not being able to have a long term view of the future, and so on and so on.


Title: Re: BTC DROPPING? but why?
Post by: bigtimespaghetti on January 04, 2015, 05:23:49 PM
Dumbos cashing out to buy silly xmas presents all over the world, dumbos panic selling due not being able to have a long term view of the future, and so on and so on.

I guess I'm one of those dumbos- but one with little to no debt, did not buy presents and have a very long term view and will be buying back in soon. Hodling doesn't have to mean that you'll have your face ripped off again and again.


Title: Re: BTC DROPPING? but why?
Post by: Pecunia non olet on January 04, 2015, 05:45:39 PM
3600 new coins every day need to be pushed down the buyers throat.
They are created and go to market.
We are far from a balance between buyers and sellers. I'd estimate bitcoin at 500 million cap will be seen again.


Title: Re: BTC DROPPING? but why?
Post by: peonminer on January 04, 2015, 05:48:54 PM
It won't be for too long. Stock up while its cheaper than a lot lizard xD


Title: Re: BTC DROPPING? but why?
Post by: bigtimespaghetti on January 04, 2015, 05:49:40 PM
3600 new coins every day need to be pushed down the buyers throat.
They are created and go to market.
We are far from a balance between buyers and sellers. I'd estimate bitcoin at 500 million cap will be seen again.

This is the addiction of speculating :) as long as you never put in what you cannot afford to lose of course.