We can speculate as much as we want, we will probably never know, what the real reason was. It might even be real trading going on, but I did see a corelation between times when the Chinese and Russian people sleep and when they wake up. Lots of banning of Bitcoin websites in Russia and some talks about banning technology which use cryptography in the UK are having an affect in sentiments towards the furure of the currency in these countries. Speculators will get jumpy when they see these type of articles in the media and it might trigger a mass panic sell. This creates a opportunity for the real investors and the people who really know and understand the technology to buy cheaper coins and when they hoard/hodl these coins, the price will go up again.  UK will ban bitcoin this year. Russia announced it since September 2014 that they will ban and they just did it 3 days ago.  If you take a look to the comments from that time, you will notice the same attitude : "it is not possible, these are BS". Well, it was possible. Bitcoin will be banned or very strict regulations in Europe and USA very very soon. There is an ongoing investigation regarding to all the US exchangers and you will many of them facing charges... Yes, the US exchangers like CoinBase, BitPay, Kraken will be closed It's not about panic. it is reality. I know the Bitcoin fanatics and those who are earning a lot of money from it, will say "NO, Bitcoin will survive". Yes, it will survive as technology but not as a payment system.  |
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Yeah, I thought she'd be a really wild lay. lol
... i'd have to agree. Until you get a picture of Gene Simmons or Sonny Bono in your mind while you were trying to crank one home on her and end up puking all over her instead...   hmmmm... |
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exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
mistakes? Experts in trading are right about 60% of the time. No one knows what the market will do. This is even more true when you take into account hacks, those are "unpredictable". or maybe the goxxed 800k suddenly appearing and sold in the market. |
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exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
mistakes? Experts in trading are right about 60% of the time. No one knows what the market will do. so they're wrong 40% of the time? wow. i thought they're right at like 75% - 80% of the time. |
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disappointed this pic didnt make the cut   LOL |
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Yeah, I thought she'd be a really wild lay. lol
... i'd have to agree. |
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Genuine rise to maybe low 300s, then small drop to maybe 300/mid 200s, then huge increase to 500 after the btc conferences, and during Superbowl weekend. I base that off absolutely nothing, no need to pretend I can tell the world from a chart like everyone else exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes. buy, sell or whatever, just keep losses small.  |
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I'm afraid the price is unpredictable, it's like a roller coaster but with undefined rails.
true. but it has been going down since the beginning of last year. although one should be ready and adapt to what the market's doing, one has to be careful also. here's a one year chart. |
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Hard to judge.
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
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the washington post will be accepting btc/crypto one way or another.
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Enough of this honeydicking.
i searched honey dick at google images and got this..  Nice shoes that's the twitter guy. |
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i think bit.FIAT projects should be widely used. a fiat pegged crypto is a must for every exchange as we have seen that BTC as the center of all crypto is just not viable due to high volatility.
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what's up with stellar? i mean really... i like what i'm seeing, but does someone know why there's strong buy support?
is the new consensus algorithm coming out soon? stripe using stellar network for the facebook 'buy' button..? something...?
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dogecoin, STR. both seems to be good picks right now.
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While everyone is busy protesting how 2015 is the year of altcoins. I don't think anyone realize how bad it can get if Bitcoin hits single digit. We're talking business shutting down, all exchanges rely on fees for their income (which they receive in BTC) if BTC hits single digit those fees become pennies. No one is going to run a business to earn pennies.
There is going to be chaos, stock market crashing, people on street begging for food. I'm talking about nightmare that you haven't seen since civil war. I think it's good for everyone that BTC stays above $400 anything below is too dangerous.
cex.io turned off their cloud mining and many businesses will follow them if BTC price keeps crashing.
No altcoins without Bitcoin. At least it'll be 100x harder to buy altcoins if exchanges are gone.
Food for thoughts.
another scenario would be where will the people who exited BTC take all that fiat while BTC is going on a down trend? it could be to altcoins. not 100% sure, but it is possible. so be on the look out for rising altcoin/USD-CNY pairs. |
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...
There is going to be chaos, stock market crashing, people on street begging for food. I'm talking about nightmare that you haven't seen since civil war. I think it's good for everyone that BTC stays above $400 anything below is too dangerous.
cex.io turned off their cloud mining and many businesses will follow them if BTC price keeps crashing.
...
was cloudmining ponzi scam? one could surely make that argument. |
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Enough of this honeydicking.
i searched honey dick at google images and got this.. |
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I heard they are replacing elliptic curve cryptography with high-fructose corn syrup.
hence what caused this rumor. |
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