You guys watching finex? Someone does not want it over $220. Insta 3k BTC sell wall, LOL
When we go over 250 expect to see many sad faces on btce.
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... last year they predicted BTC would fall to $10. ... Hold tight, Tiger. We're getting there. Nice slight of hand. Pump DRK and Lower BTC/USD. However the volume is lowering. Pump almost over just like PPC yesturday. 10:30AM EST 2015-2-10
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http://bitforum.info/t/a-50-drop-in-cryptocurrency-transactions-this-year-is-imminent/226?u=angelo/"Juniper Research's recent report said that volume of the transactions made by cryptocurrency will be decreasing by 50% as we approach the end of 2015. Dr. Windsor Holden who authored the study, gave different factors as proof why he reached that conclusion. The study mentioned Dogecoin, Litecoin and Auroracoin for their strong 2014 start, but also cited a 5% value drop in dollars in the transactions they made on the same year. It was implied that these drops might reach 50% by the end of this year.Although big companies and leading retailers are now considers Bitcoin as a payment option, the report is still not on our side. According to the study, they believe that the cryptocurrency technology does not appeal to the "not-so-tech-savvy" people. This means, although big merchants and businesses are now accepting bitcoin, that will not solve the problem. To solve it, user adoption should increase as well. Dr. Holden further added more factors about the result of their research. For example, he doesn't believe that cryptocurrency regulation and licensed exchanges will not be of help in cryptocurrency's stabilize its economy because of the fact that people stay away from dealing with it because they feel unsecured, a result of the incidents that happened in Mt. Gox and Bitstamp...." For example, he doesn't believe that cryptocurrency regulation and licensed exchanges will not be of help in cryptocurrency's stabilize its economy because of the fact that people stay away from dealing with it because they feel unsecured Idiotic. We are reliving historic moments. https://bitcointalk.org/index.php?topic=51859.0My favorite quote from 2011 lows.. My how wrong can a person be. To answer the question in the thread title...we're going all the way down. There simply is no reason for bitcoins to be worth more than a $1, no reason at all. Nagle has been right. When a bubble pops, it pops all the way, and in the case of bitcoin, there's no reason for a legitimate recovery on the horizon.
Why the "magical" $1. It seems everyone who is convinced that Bitcoin is overvalued is absolutely positive it is worth $1. Of course they have no data to support how much Bitcoin is overvalued nor how it is properly valued at $1. I mean why $1? Why not $0.10 or $0.01 or $0.001? Notice I didn't say bitcoin is or should be worth $1. I said there's no reason for it to be worth more than $1. It's probably going to be worth less in the coming months.
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9:45AM EST
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12:10AM EST
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Pathetic attempt from the bears... surprise surprise
I sold at $220 so we better fucking go down.
Bullish... BTC/PPC volume. . What news did i miss? No news. They are just using drk and alts rather than btc and ltc for now. They went in USD and out in BTC Without effecting btc/usd much. Late comers are still ripping each other off in the aftermath. 5:30PM EST 6:28PM EST 6:40PM EST
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Pathetic attempt from the bears... surprise surprise
I sold at $220 so we better fucking go down.
Bullish... BTC/PPC volume. .
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Pathetic attempt from the bears... surprise surprise
I sold at $220 so we better fucking go down.
Might see another mini dump to 216-218, but I don't think its going to go much lower than that. been in the range of 215-224 today. Probably will continue within that We should expect more volume as previously absent miners to join in the fun.
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3:54PM EST this pic explains everything that is wrong with btc-e It gets worse. Those attempting to pickup the momentum. However the wash is already over.
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1:04PM EST
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I used to be able to do the same thing in the US, deposit money in a bank account and get btc. And he reuses the same address Used to be able to fund my exchange acct here in Canada that way too, but banks kept closing their accounts. Withdraw cash, cross street to their branch, deposit. Simple. Now it is a 10 day process (labelled 3-5 business days, but good luck with that) And the fees are more than .027btc. That won't even get you a coffee at Starbucks here It seems Cavirtex has opened up more options recently. https://www.cavirtex.com/deposit_methods
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11:15AM EST
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Sad DRK pump since yesturday. 7:45AM EST so the scam was..
give me money and i will mine bitcoin for you...
ran off with money...
bitcoin never got mined...
-> there will be no dump
Seems so.
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YOU HAVE BEEN WARNED HOURS AGO BULLTARDFOOLS!
Translation: YOU HAVE BEEN GIVING THE STUPID, COMPLETELY UNCONVINCING MADE UP FUD (THAT WILL NEVER BE VERIFIED) HOURS AGO, SHEEP! BECAUSE WHALES NEED A STORY BEHIND THEIR RANDOM DUMPS! Translation: Sell me your coins on the cheep quick! I am getting more and more afraid as it looks like the promises of sub$200 BTC was a smoke screen that I and many other hodlers fell for. We want BTC! Quick before people realize what we did and it goes up up up. @Fonzie sure sure. This has been a DRK pump since yesterday.. Nice attempt at bait and switch.
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