It will reach 200 very fast, don't have to worry about that, but it will go much lower, i don't think it's smart to buy back at 200 already, try 180 or even around 50. 180 is possible but im unsure if we will stabilize or have a dead cat bounce there of which you can profit.
And what does lead to you this ending? I don't see any huge drop and i don't think we will go below 240, only if big dump would happen (stollen coins or something along this) then i would think about that scenario but i don't see anything like that anywhere near.
Many stolen coins to be dumped by hackers and governments.
Outdated unscaleable technology.
People don't care for funny fantasy internet money.
Considering that, I'm extremely positive with my prediction. @Inca I will say i was wrong when it goes back to $500+ steadily and stays there for at least a few months, any big spikes are just cats waiting to die once again. Everything emboldened is garbage. You were mining bitcoin in 2010. How far you have fallen. |
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Countdown to the estimated coin loss from this theft to be reduced from 130k to something reasonable with blockchain analysis?
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It will reach 200 very fast, don't have to worry about that, but it will go much lower, i don't think it's smart to buy back at 200 already, try 180 or even around 50. 180 is possible but im unsure if we will stabilize or have a dead cat bounce there of which you can profit.
What price do you concede you are wrong? |
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You haven't bought back in yet you silly sod
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130k coins lol. Bloody thieves  |
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Slightly more ferocious sell off than I was expecting, though a pullback was pretty obvious in the short term. Seems opportunistic based on expectation of fear driven by the news, which ultimately IMO will have no effect on the price. Quick recovery or sideways into the rapidly falling log trend line? Either is fine by me Keep selling bears! |
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Well you bears had to ruin all the run.  My stop sell was triggered while I attempted to grab a little sleep--in it for the downside now. As many coins to drop 8 dollars as it takes to go back to 296.. |
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I agree this looks very dark, this gradual increase was bitcoins only small chance to ever become something of true value.
I guess that ship has really sailed now. It's a sad day today..
Plonker. |
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Price down 4 more dollars. Hold me. This move is over done already Edit; how many thousands of coins dumped..down twenty five dollars :p Why do bulltards always prefer to use $ instead of using % the lower we get??? We seem to be considerably higher than last month in % terms. Doubt the bears can go much further. We get our red candle to break the previous run. Then we can try again at 300. |
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Zero.
Haha. It's funny that you still come and post here. |
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Price down 4 more dollars. Hold me. This move is over done already Edit; how many thousands of coins dumped..down twenty five dollars :p |
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The UK Treasury has released its latest report on the Bitcoin/crypto (haven't had a chance to read it yet though): https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/414040/digital_currencies_response_to_call_for_information_final_changes.pdfAnd a token mention of Bitcoin hidden away in the 2015 budget report: 2.215 Digital Currencies - The government is today announcing its intention to apply anti-money laundering regulation to digital currency exchanges in the UK, to support innovation and prevent criminal use. The government is also launching a new research initiative which will bring together the research councils, Alan Turing Institute and Digital Catapult with industry in order to address the research opportunities and challenges for digital currency technology, and will increase research funding in this area by £10 million to support this. Finally, the government will work with the British Standards Institution and the digital currency industry to develop voluntary standards for consumer protection. Just skimmed through. Positive noises and burblings. AML for exchanges will not rock the boat. The absence of anything encouraging banks to accept bitcoin companies, despite that being a major concern in the previous release, is unsurprising... |
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...
Nice healthy pullback.
... I suspect the pullbacks will only get healthier as more & more Bitcoiners realize their magik tokens are worthless for buying drugs. There's simply not enough demand for terrorists and child pornography to support Bitcoin's current price. Or is there? How long until you get this account (created on the same day as NLC) banned for droning on about child pornography, too? Telling that you have returned to post on the only price weakness for weeks. This place was far friendlier with without you in it. In the real world being an unpleasant sinister piece of work disliked somewhere means you stay away. Take the hint. |
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Sweet, I can buy much more then too  Our internal indicators are flashing. Guess I would be buying right now.
my internal indicators are flashing too. "poor trader" warning is issued. Nice healthy pullback. What is interesting is that shorters are closing contracts not longs. So the big sells driving this are actual coins being sold rather than closed leveraged longs. Seems like a short term dip. Tarmi have you finally made some money on this 20 dollar move? Does it make up for your recent disasters?  |
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I wonder if that slow and steady and persistent grind down so familiar from last year is returning. Way too early to tell, sure hope not. But bear market rallies tend to be rather deceptive.
Way to early to tell. I agree. A pullback into the 260's or 270's is healthy. We were unlikely to have yet another green weekly candle |
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Evolution dark net market admins have just run off with the users money. 43k btc. Still feeling super bullish everyone?
Sheep 2.0 Almost makes one want to set up a dark net marketplace |
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Evolution dark net market admins have just run off with the users money. 43k btc. Still feeling super bullish everyone?
Did you predict that with your TA? |
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how's your longs doing bulls?  Farther in the green than your shorts. Much farther if you only shorted in the 290s. you didnt lock your profits? good. I will make more money. Ha. Your imaginary profits are going through the roof! |
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I wouldnt bet on the next halving.
I think that the next halving will cut the miners in half and bring more centralization, not bigger prices.
also, this isnt about bears, but delusional bulls who think that we have capitulated. they are cutting their expensive longs right now.
bears are in hibernation and waiting patiently.
A further 750 shorts threw in the towel in the last 24 hours. Broadly the same in dollar terms as the longs who closed their positions. Update on your position tarmi?
That chart is an illusion though.
Transaction volume measured in USD has stagnated.
This is more interesting. Like google trends chart if you look at the baseline daily transaction volume in USD it is broadly climbing after each bubble. Daily USD transaction volumes were roughly double in 2014 what they were in 2013. And that is despite the price crashing from 1200 to 280. It is common knowledge that bitcoiners hoard during price falls and spend during rises. So that is pretty impressive in itself. |
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I think we will go down to about 265-270 but not 250... going down to 250 would be pretty bearish
I prefer to play the long game and except for really extreme market movements I will just accumulate until the next halving. Edit: right enough bitcoin watching, real life beckons..come on bears! |
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