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Edward50 (OP)
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December 18, 2013, 05:37:43 AM
Last edit: December 18, 2013, 06:21:28 AM by Edward50 |
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Gox under $600 dollars. Everything is free falling. China selling off like crazy.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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Dafar
Legendary
 Offline
Activity: 1330
Merit: 1000
dafar consulting
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December 18, 2013, 05:41:23 AM |
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What are you waiting for, keep buying!  |
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Edward50 (OP)
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December 18, 2013, 05:42:48 AM |
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What are you waiting for, keep buying
Many people are expecting $450 and lower on BTCE troll box. Expectations are really low, we are going to go really low soon. I bet the bears who thought the bottom would be $600 are rethinking their positions now. |
Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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traderCJ
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December 18, 2013, 06:10:21 AM |
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We're going to find out exactly how high China has been propping up the price of a Bitcoin .. down to $300? Hell, who knows.
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Edward50 (OP)
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December 18, 2013, 06:21:43 AM |
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Mt GOX. broke under $600 dollars!
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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ja2pa
Newbie
Offline
Activity: 5
Merit: 0
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December 18, 2013, 06:49:58 AM |
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I'm loving this  sold at 800€ and soon be buying double amount  |
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accord01
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December 18, 2013, 07:02:47 AM |
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600 is new resistance on gox... lol @ all the Chinese buyers right now, their obviously sending it to other exchanges to cash out at higher prices as we speak
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skyhigh
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December 18, 2013, 07:16:55 AM |
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Edward50 you still around here after all this time ? Kinda ironic and hilarious. You were a perma bear at $5 back in 2011, no one can expect that to change at $600 or $400 or $100.
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ShopemNL
Legendary
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Activity: 1025
Merit: 1001
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December 18, 2013, 07:19:02 AM |
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550 dollar on Kraken lawl!
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traderCJ
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December 18, 2013, 07:24:08 AM |
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600 is new resistance on gox... lol @ all the Chinese buyers right now, their obviously sending it to other exchanges to cash out at higher prices as we speak
Also a lot of people sending coins to BTCN, selling, and waiting to snatch them up much, much cheaper when all the coins are shipped to other exchanges or cashed out over the next days/weeks. This assumes that there will be a lot of people on BTCN who aren't interested in liquidating overseas. Result .. big spread between BTCN and all other exchanges. Big profits for someone willing to gamble. |
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accord01
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December 18, 2013, 07:26:58 AM |
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Edward50 you still around here after all this time ? Kinda ironic and hilarious. You were a perma bear at $5 back in 2011, no one can expect that to change at $600 or $400 or $100.
ROFL, he is the king bear! |
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GigaCoin
Sr. Member
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Activity: 308
Merit: 251
Giga
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December 18, 2013, 07:28:21 AM |
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Hooly crap! $515 on coinbase, looks like a freefall. The chinese news is real not FUD, i guess they are on their way to sell 100% of their holdings.
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TeeBone
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December 18, 2013, 07:29:05 AM |
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Edward50 you still around here after all this time ? Kinda ironic and hilarious. You were a perma bear at $5 back in 2011, no one can expect that to change at $600 or $400 or $100.
ROFL, he is the king bear! LOL after this collapse ed woudnt pay a quarter for a btc. |
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Edward50 (OP)
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December 18, 2013, 07:29:47 AM |
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Yeah, I just came back during this recent price spike. I guess just like why I came around in 2011 during that price spike.
What amazes me is the bullish sentiment that is almost blind and religious. The people really believe that the price will not fall and will go to astronomical levels.
It kind of fascinates me that these bulls can not see the truth that the price is totally not sustainable so I stick around while the price falls.
I do try and help and tell people to sell during the way to the bottom. Even this time at $1000 I made a post specifically telling people to sell and it would be their last chance to sell above $1000.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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GigaCoin
Sr. Member
Offline
Activity: 308
Merit: 251
Giga
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December 18, 2013, 07:33:41 AM |
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Btc is $430 in Btcchina...
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traderCJ
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December 18, 2013, 07:35:14 AM |
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Yeah, I just came back during this recent price spike. I guess just like why I came around in 2011 during that price spike.
What amazes me is the bullish sentiment that is almost blind and religious. The people really believe that the price will not fall and will go to astronomical levels.
It kind of fascinates me that these bulls can not see the truth that the price is totally not sustainable so I stick around while the price falls.
Ed, you're the worst of the bears. Do you know why? Like so many of them, you're right for the wrong reasons. All this bubble talk is nonsense. How many times do I have to tell you, there is no such thing as a bubble? Bubble implies a nominal value for something (no bubble -> bubble -> bubble pops, back to no bubble). This is a rapid change in speculated value because a gov't basically made Bitcoin procurement a huge pain in the ass for a big chunk of the world population. Fuck your charts, hunches and all that nonsense. By your reasoning, anything with a value that can be affected by gov't action is a bubble. I'm neither a bull nor a bear, just a person analyzing Bitcoin in a levelheaded fashion without resorting to smear words like "bubble", "astronomical", etc. |
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