The lower it goes the faster it will go up once it bounces
Thats true... |
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Not enough liquidity, you can't buy at those prices. Everyone is still asking at almost twice the bidding price.
Have you ever thought that we are being low-balled by industry pros? I do... |
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I think its still just balancing out, its new, its had some hits, people mining who spent money, like me, are getting there money back, I looked at the offers for sales now, those low 7 dollar marks are only for like 3 bitcoins, so the overall price is really a little higher, it has dropped every weeekend for awhile now, and I think it has been overpriced and might balance around 9 and 10 again as usual during the next week, might be its final value unless a AMAZON or NEW EGG starts accepting them, then price will rocket up. And yes buyihng them is much tougher unless you just have cash to keep in MTGOX. It takes me 4 days to get my cash in, I finally got some in, was at hershey park so not following it, and had a buy order in for 9 bux, so it spent all my money at 9 bucx a coins, sucks,. cause if I could have watched it, Like I do everyday, I would have cencelled it and got them at 7 bux. ANd if you didnt have cash there already, you cant capitalize on the low prices which sucks too.
Honestly the best thing for any miner to do right now is to hoard them... Hoard till they are worth something, cause selling them to speculator clowns is only going to make matters worse. |
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Yeh, but I bet she took the cash and ran.
bitwhore.
Don't say word whore to lightly on this forum. The clowns might make a reddit/sa topic about it and troll for months.  |
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No offense Chod but your daily targets have been WAY OFF. Now obviously there has been a ton of bad news, but still even before the bad news your targets were off. Is technical analysis on something like Bitcoin even possible at this point in time? I mean literally any second this market can go off like the Apollo mission or sink like the Titanic. It just takes someone with money, so my question is how can any of your programs/information/experience predict this in such a volatile and small market?
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Who was the girl that did that? Was she paid in Bitcoins ?  |
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they cost me a ton of money and ended in a dumping. :drum roll:
It's not bit coins fault that they costed you alot of money . Your ex though, now that's another story... |
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Nice, just wait till a "Mind Reader" gets a hold of it  . |
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So after a bit of deliberation, my brain deciphers the fact you are talking about mybitcoin.com.
Why not mention it in the first post instead of causing confusion?
Still, yes, people were naïve to trust the service,
people have already accepted the fact they might not see the money again, life goes on
Lol +1 I thought he was talking about Bitcoin for a second. |
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Mo bitcoin for me bitches!  me bitches + some guy in a red shirt U don't know flava flav? |
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If someone lost, they sure as hell ain't gonna admit it in here lol. |
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I am sorry to be so harsh, but why would anybody put their commodities/money in a new "bank" with no assets and, no real liability? Furthermore, the "bank" was registered in a "country" notorious for fraud and exclusion from certain aspects of the U.C.C.
This is a new commodity/currency, and while fundamentally sound, it needs to treat secondary services with extreme caution.
Furthermore, this commodity/currency needs to have a...
Do you know what you're talking about? I think not... |
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"Time to buy back in", the cry went out when bitcoins were at $10. Now they're over 30% lower, in 3 days. Time to buy back in?
It's strange that people hang onto the theory of the "bot guy" placing order walls and then taking them away. Who is this mysterious "bot guy", is he alone and how many bitcoins does he have? It all sounds a little conspiracy theorist like. Anyone who has been around the share market for a while knows bids tend to clump around nice even numbers in penny stocks. There will be more orders at $0.10 then $0.09 for example. It's not a "bot guy" doing it, it's human nature. If there really is one "bot guy" out there with enough bitcoins to lower the price of bitcoins, then the whole concept of bitcoins is broken. One person shouldn't have that much power to set the price for everyone else.
The fact that the bid walls disappear as bitcoin's price approaches them is logical too. If you saw the price of a share plummet, would you stay at your old bids or lower them in anticipation of an even lower price? It's pretty logical.
Any millionaire can literally own the entire market tonight... Money talks... |
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Well, it's what you want to do in an up and down market.
Too bad this market is going down. You'll be able to have all the btc in the world... but they'll be worth 0 USD
They have never been worth 0 though.. |
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casascius, do you really want to have the same pump and dump again, just this time with Namecoins, because you bought loads of them cheap? I’m a bit disappointed, but I guess you want a second ferrari.
Namecoin is no different than Bitcoin, monetarily speaking, except that it’s more likely to be a bit more evenly distributed initially. In the long term, no changes though.
The argument of equal distribution is out the window. Are you guys not seeing these prices? |
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Just slowly sold those 800 BTC from 7.20 down to 6.90. =0
HAHA, my point exactly, your little 800 bit coins brought the market down to a low of $6.70. This shows how weak the bids are even at these low prices. Smart move selling your bitcoins, you can even buy lower tomorrow. Anyway, there's got to be a bottom somewhere, and don't tell me it's $1. Where's the damn bottom?? That real sad part is that Bitcoin has never enjoyed any real stability. It took off way to fast, and unfortunately couldn't handle the pressure from the trolls/bears at the top. |
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If I did win 200 million you could expect the price to soar.I'd even make a post saying buy now I'm about the clear out the ask orders. The only reason I'd do this is make A LOT of people punch a hole in there wall for selling this low.
Ah, I can dream.
I so wish I could do that as well... People are nuts for selling this low, but sometimes you gotta do what you gotta do... |
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The funny thing is, that it doesn't even take alot of money to move this market into the $20's...
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Why does everyone who likes Bitcoins have to be a libertarian? Jesus Christ, I wish I could still talk to some of you guys without having to come to this forum and see stupidity and generalization that goes on here. |
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Also, I bought 800 BTC @ 6.50. =)
Nice buy. |
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