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eindbaas (OP)
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umad?


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December 07, 2013, 05:03:17 AM
 #1

Just watch this simulation:
http://fiatleak.com

This crash is due some panic whales. There is 5x more money getting in to btc right now then we were at 1200 Wink.
pletharoe
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December 07, 2013, 08:06:04 AM
 #2

Ummm.... I'm not sure I follow you.  If there was 5x more money getting INTO BTC right now, surely the price would go up.  I think what you might mean is that the total value of all trades is 5x.

I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases).  These BTC have to come from somewhere.  I guess that's China... It's daytime in Asia and I'm not seeing much being bought there.
malaimult
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December 07, 2013, 08:14:47 AM
 #3

Ummm.... I'm not sure I follow you.  If there was 5x more money getting INTO BTC right now, surely the price would go up.  I think what you might mean is that the total value of all trades is 5x.

I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases).  These BTC have to come from somewhere.  I guess that's China... It's daytime in Asia and I'm not seeing much being bought there.

+1

psyclon
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December 07, 2013, 08:55:14 AM
 #4

Just watch this simulation:
http://fiatleak.com

This crash is due some panic whales. There is 5x more money getting in to btc right now then we were at 1200 Wink.

that's because people are selling.
dimke_yu
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December 07, 2013, 08:57:20 AM
 #5

This is expected, price needs to be down for a while because someone is preparing to enter BTC market after holidays and then uuuuuuuuuuuuuuuuuuuup

tripppn
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December 07, 2013, 10:38:54 AM
 #6

This is expected, price needs to be down for a while because someone is preparing to enter BTC market after holidays and then uuuuuuuuuuuuuuuuuuuup

Ya... Me!!!   Grin

Fall BTC Fall!!!  I'm loving these prices and can't wait for the rebound.

“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
LightningBlade
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December 07, 2013, 03:55:56 PM
 #7

Too late, already sold my BTC at $700

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December 08, 2013, 05:09:24 AM
 #8



It is bottoming nicely at the $700 level if you are looking for a bargain..
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December 09, 2013, 03:54:46 AM
 #9



It is bottoming nicely at the $700 level if you are looking for a bargain..


Did every get in on the nice bargains?
GriTBitS
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December 09, 2013, 04:38:13 AM
 #10

Ummm.... I'm not sure I follow you.  If there was 5x more money getting INTO BTC right now, surely the price would go up.  I think what you might mean is that the total value of all trades is 5x.

I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases).  These BTC have to come from somewhere.  I guess that's China... It's daytime in Asia and I'm not seeing much being bought there.


its called miners dumping also


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