Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: rickrollin on June 17, 2011, 07:08:59 PM



Title: How low will it go?
Post by: rickrollin on June 17, 2011, 07:08:59 PM
man, seems like bitcoin is crashing continuously. I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30? I noticed a lot of negative media coverage with ties to silk road etc.. could it be that we have an army of trolls on this forum warping the image of bitcoin security with fake posts?

Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?


Title: Re: How low will it go?
Post by: Chick on June 17, 2011, 07:09:43 PM
man, seems like bitcoin is crashing continuously. I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30? I noticed a lot of negative media coverage with ties to silk road etc.. could it be that we have an army of trolls on this forum warping the image of bitcoin security with fake posts?

Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?

Lets hope it goes near to 0 so then I can buy 999,999,999 Bitcoins.


Title: Re: How low will it go?
Post by: evoorhees on June 17, 2011, 07:11:29 PM

Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?

Sometimes market prices fall, dude.


Title: Re: How low will it go?
Post by: TraderTimm on June 17, 2011, 07:18:45 PM
I heard it was two nefarious groups:

Buyers


and


Sellers

What can be done? I suggest we ban all markets until this obvious collusion is disbanded!

(Yeah, I'm being sarcastic.)


Title: Re: How low will it go?
Post by: done on June 17, 2011, 07:21:15 PM
Buy some. If it goes lower buy more.  8)


Title: Re: How low will it go?
Post by: Freakin on June 17, 2011, 07:38:39 PM
I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30?

Why the sudden run up to 30? 


Title: Re: How low will it go?
Post by: RodeoX on June 17, 2011, 07:48:57 PM
Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?

Yes, it may have already happened durrig the big drop. LulzSec sent a tweet at the bottom of the market with instructions to buy BTC while the "morons" were in a panic. That was the same weekend when a flood of new accounts showed up saying the sky was falling.


Title: Re: How low will it go?
Post by: done on June 17, 2011, 08:07:40 PM
Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?

Yes, it may have already happened durrig the big drop. LulzSec sent a tweet at the bottom of the market with instructions to buy BTC while the "morons" were in a panic. That was the same weekend when a flood of new accounts showed up saying the sky was falling.

Again just buy and hold (and use) and you will be a happy camper


Title: Re: How low will it go?
Post by: KingFisher9 on June 17, 2011, 08:11:14 PM
man, seems like bitcoin is crashing continuously. I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30? I noticed a lot of negative media coverage with ties to silk road etc.. could it be that we have an army of trolls on this forum warping the image of bitcoin security with fake posts?

Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?

Lets hope it goes near to 0 so then I can buy 999,999,999 Bitcoins.

there can't be 21,000,000 in existence


Title: Re: How low will it go?
Post by: kwukduck on June 17, 2011, 09:24:02 PM
There indeed  has been a lot of bad attention to bitcoin, drugs, money laundering, the recent thefts. and a lot more FUD and lies too being spread.
People, specially those with large stashes and thieves will cash out, it was never their goal to establish a stable future currency, all they want is quick money.


Title: Re: How low will it go?
Post by: TheBitMan on June 17, 2011, 09:26:55 PM
man, seems like bitcoin is crashing continuously. I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30? I noticed a lot of negative media coverage with ties to silk road etc.. could it be that we have an army of trolls on this forum warping the image of bitcoin security with fake posts?

Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?

Lets hope it goes near to 0 so then I can buy 999,999,999 Bitcoins.
theres only 6 million :P


Title: Re: How low will it go?
Post by: tymothy on June 17, 2011, 09:33:13 PM

Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?

Sometimes market prices fall, dude.

Nope, pretty sure it's an Illuminati/CIA/FBI co-conspiracy, the same one that faked the moon landings, shot Kennedy, set up 9/11 and faked the Osama bin Laden assassinations. I also forgot to take my meds today.


Title: Re: How low will it go?
Post by: RodeoX on June 17, 2011, 11:55:44 PM
Again just buy and hold (and use) and you will be a happy camper
Yes, I just treat it like normal money. Thinking about buying some shoes with BTC tonight.