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Title: Aaand we're almost back to Mid-March level (50) Post by: Herodes on April 16, 2013, 06:56:59 AM will we go under 50, and how low will we go ? What has triggered the big sell off today ?
Title: Re: Aaand we're almost back to Mid-March level (50) Post by: darkmule on April 16, 2013, 06:58:15 AM A combination of stupidity and (perhaps) market manipulation.
Title: Re: Aaand we're almost back to Mid-March level (50) Post by: Zangelbert Bingledack on April 16, 2013, 07:02:43 AM When you think about it, a drop to $50 (at least) is needed in order to shake out all the froth and euphoria we had going on. Unless it goes below $30 (and stays there for a while) there won't be any need for a more complicated explanation than that.
Title: Re: Aaand we're almost back to Mid-March level (50) Post by: evolve on April 16, 2013, 07:06:32 AM Quote will we go under 50 Yes Quote What has triggered the big sell off today ? shaken investor confidence. Title: Re: Aaand we're almost back to Mid-March level (50) Post by: wobber on April 16, 2013, 07:09:44 AM The bitcoins want my money and I'm too weak to fight them.
Title: Re: Aaand we're almost back to Mid-March level (50) Post by: Herodes on April 16, 2013, 07:13:53 AM Quote will we go under 50 Yes Quote What has triggered the big sell off today ? shaken investor confidence. Don't you think at one point the decline will fall as people now see they have the chance to get 'cheap' coins ? But at what point will it happen, and will we then again see a rapid acceleration of the price again ? After all, it hoovered at 100 for a few days, and then all of a sudden down to 50 today. Title: Re: Aaand we're almost back to Mid-March level (50) Post by: 2dogs on April 16, 2013, 07:16:43 AM will we go under 50, and how low will we go ? What has triggered the big sell off today ? Trigger? Can't say for sure, but the stock market and gold both took dives today. The Boston event? Margin calls? Deflationary spiral/liquidity crisis? Title: Re: Aaand we're almost back to Mid-March level (50) Post by: 🏰 TradeFortress 🏰 on April 16, 2013, 07:17:17 AM Well, Low:$50.01000.
Title: Re: Aaand we're almost back to Mid-March level (50) Post by: Malawi on April 16, 2013, 07:21:19 AM Seems like the price is dong some last twitches right now.
I think BTC just wants to rest now, find its cove and sleep for a few months. Title: Re: Aaand we're almost back to Mid-March level (50) Post by: wobber on April 16, 2013, 07:29:06 AM Seems like the price is dong some last twitches right now. I think BTC just wants to rest now, find its cove and sleep for a few months. A few months is too much... Title: Re: Aaand we're almost back to Mid-March level (50) Post by: Crazy on April 16, 2013, 07:29:49 AM A few months is too much... Hardly. Don't expect to revisit $100 until early- to mid-2014 at the earliest. And that's very optimistic.Title: Re: Aaand we're almost back to Mid-March level (50) Post by: wobber on April 16, 2013, 07:33:04 AM A few months is too much... Hardly. Don't expect to revisit $100 until early- to mid-2014 at the earliest. And that's very optimistic.Can you detail why? You think 2011 is repeating? Title: Re: Aaand we're almost back to Mid-March level (50) Post by: Crazy on April 16, 2013, 07:37:56 AM Can you detail why? You think 2011 is repeating? I hope so. Confidence was crushed harder this time than last, and the next bubble, if bigger, will drop an even bigger hammer on confidence.Title: Re: Aaand we're almost back to Mid-March level (50) Post by: wopwop on April 16, 2013, 07:39:05 AM greed greed and some more greed
nothing else drives bitcoin |