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Author Topic: BTC-E: BTC-price dropped  (Read 1236 times)
turvarya (OP)
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March 20, 2014, 01:24:18 PM
 #1

I just saw that there was a drop on BTC-E some hours ago, but I didn't find anything about it here on the Forum(maybe I didn't look in the right place).
Does Anybody know, what is going on?

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S4VV4S
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March 20, 2014, 01:27:46 PM
 #2

Bitstamp price is down too.

Maybe someone dumped a lot of coins.
lnternet
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March 20, 2014, 01:32:28 PM
 #3

OMG wtf 2% change in a day no what is causing this mayhem

1ntemetqbXokPSSkuHH4iuAJRTQMP6uJ9
turvarya (OP)
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March 20, 2014, 01:41:13 PM
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OMG wtf 2% change in a day no what is causing this mayhem
I am just wondering, since the blockchain-problem didn't seem to effect the Price much and it was pretty stable for some time now.

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El Dude
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March 20, 2014, 01:41:22 PM
 #5

gox coins getting mixed and sold.

Bitcoin and Litecoin hodler
davida
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March 20, 2014, 01:44:16 PM
 #6

go to bitcoinwisdom.com  

set the chart to 1d intervals.

drag the chart back to April 2013.

Now drag chart back to current date, then compare charts with each other.

You can see after the boom from $10 to $260 in April there was several months of falling prices going from steady $150 down to below $75 over the course of a few months.

I remember it all too well.  

Back then, most weak hands drop their bags and ran, while they felt happy for selling the bitcoin they paid $10 for around $100, just because they fear the price would fall back to lower than before.

Price remained falling from April -July 2013, then one day mid july price turned, went above $100 and never looked back.

Although it feels like this downward trend will continue forever i can assure you, one day when you least expect it, tides will turn and the price will start trend upwards once again.  Could be next week, could a a couple of months away yet.

Now is the time for smart money to be BUYING, while the majority are in fear and panicking about the value of their coins.


MrBea
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March 20, 2014, 01:46:14 PM
 #7

I am a buyer.

Bitcoin IS savings

Gathering bitcorns.
leopard2
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March 20, 2014, 02:03:43 PM
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I believe this is stolen Gox, Poloniex, Coinex and so on, scammers cashing out while they can.

When the first scammers get caught, and they will be caught, price will go up quite a bit!

That will be a wonderful day. Dirty scumbags. Angry

Truth is the new hatespeech.
sudoku
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March 20, 2014, 02:30:26 PM
 #9

http://fiatleak.com/

China dominates bitcoin trading volume. The answer is likely to be found there.

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S4VV4S
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March 20, 2014, 03:18:30 PM
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http://fiatleak.com/

China dominates bitcoin trading volume. The answer is likely to be found there.

It's AvalonShenszen selling the coins he got from his scam  Wink
segeln
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March 20, 2014, 03:18:59 PM
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OMG wtf 2% change in a day no what is causing this mayhem
1+
weak hands
eoJ
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March 21, 2014, 02:19:18 PM
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Why do people link to that site? Be a bull or a bear, fine, but don't try to deceive people.
mvdheuvel1983
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March 21, 2014, 02:30:36 PM
 #13

I believe this is stolen Gox, Poloniex, Coinex and so on, scammers cashing out while they can.

When the first scammers get caught, and they will be caught, price will go up quite a bit!

That will be a wonderful day. Dirty scumbags. Angry

But in the meantime you are.... buying stolen coins?

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