spacecakes
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January 16, 2015, 12:05:18 AM |
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long term holders and or people deciding to cash out and watch for a sec
long term holders  had a good laugh ;]] just about time u know...  i dont know myself since the news are quite good, more adoption etc, and all of the sudden such a drop... doesnt seem legit drop  i bought more, and gonna buy even more if price drops further cause to my understanding there is no reason for it, just some big dumps   I really hope the early adopters got out before 200 each haha. |
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HarmonLi
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Activity: 350
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Honest 80s business!
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January 16, 2015, 01:05:03 AM |
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Who is dumping BTC? It sparked a very big panic.
Everyone. Especially people who short on margin, people who firmly believe in TA (-> self-fulfilling prophecies, right there!) and many people who panic, panic, panic. But I don't think they'll account for that much, they mostly just get "slaughtered" in the process of the crash... |
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devandtech
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January 16, 2015, 03:06:30 AM |
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...
We are in the 1.0 phase no? 2.0 doesn't have to mean a new crypto. 2.0 could be a new path for bitcoin. Instead of the Mt.gox's and market hysteria of 1.0 we will have the hardware integration, widespread adoption and etfs of 2.0. Just my opinion.
That's what its being touted as, funny in an inside joke kind of way is all Imho its not really accurate though, all that stuff will be innovations that use Bitcoin while Bitcoin its self will change little and put focus on being a solid foundation to build upon, security, capacity, that kind of thing. The alts will be where the 2.0 stuff gets integrated into the core functionality of cryptos first and those features will only make their way into Bitcoin when they're tried and proven. Even the concept of "2.0" has a bit of humour in it as that's more the way things work with propitiatory software, open source tends to have forks and diversions that are in use beforehand with major versions wrapping them up and making things tidy. I agree with this. Bitcoin's foundation will continue to be built upon and alts will serve as more of a testing ground for future bitcoin tech. Everyone does get caught in the idea of 2.0 like it will be another bitcoin but I feel as I think you do, 2.0 is bitcoin with a legitimate ecosystem, significant testing, and very user friendly for the masses. |
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flyingplows
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January 20, 2015, 06:37:20 PM |
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still dumping or is this a new price range for long..  |
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stonerider
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January 20, 2015, 07:52:30 PM |
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Calm before the storm??
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bitcoin_bagholder
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January 20, 2015, 11:51:51 PM |
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Tim Draper (lol this is the speculation section correct?)  May I ask who Tim Draper is? Reminds me of Don Draper from Mad Men. Someone with more money to throw around than you have. |
Bitmixer sucks
Bit-X sucks
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ensurance982
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January 20, 2015, 11:59:15 PM |
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It's just pure bottom-finding going on at the moment, and especially over the last two weeks. It's not a single entity dumping coins in my opinion. Sure, mining operations have to liquidate BTC constantly, but this has to be factored in at some point.
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BillyBobZorton
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Activity: 1204
Merit: 1028
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January 21, 2015, 12:30:07 AM |
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Maybe it is time for a bitcoin 2.0 to arrive Patience, Bitcoin 1.0 isn't here yet. Sooo true.. lol It does get kind of irritating all this talk of Bitcoin 2.0 when anyone that's been watching it a while is eager with anticipation for the great 1.0, the only good thing is its a bit like jurnos writing about "Bit Coin" with an air of professionalism On-topic, there's a lot of views on who's doing the dumping and they all hint at a blind spot in human nature, looking for a single answer when usually there's a multitude of them. If there was a single cause then here is probably the least likely place to find it, this place is full of agenda driven posters and anyone with the kind of funds move markets that much will also have plenty spare to pay astroturfers to muddy the waters. Bitstamp's probably the most likely as its the most recent news but after seeing the silkroad "crash" that started before news was even released its obvious headlines are sometimes more an excuse than a reason. Who knows, maybe China banned Bitcoin yet again. What's funny is all this talk about sidechains being the second coming of Jesus H Christ when we still haven't even got out of Bitcoin beta, how ridiculous? people will need to learn basic BTC before sidechaining biz. |
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ensurance982
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January 21, 2015, 12:34:25 AM |
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Maybe it is time for a bitcoin 2.0 to arrive Patience, Bitcoin 1.0 isn't here yet. Sooo true.. lol It does get kind of irritating all this talk of Bitcoin 2.0 when anyone that's been watching it a while is eager with anticipation for the great 1.0, the only good thing is its a bit like jurnos writing about "Bit Coin" with an air of professionalism On-topic, there's a lot of views on who's doing the dumping and they all hint at a blind spot in human nature, looking for a single answer when usually there's a multitude of them. If there was a single cause then here is probably the least likely place to find it, this place is full of agenda driven posters and anyone with the kind of funds move markets that much will also have plenty spare to pay astroturfers to muddy the waters. Bitstamp's probably the most likely as its the most recent news but after seeing the silkroad "crash" that started before news was even released its obvious headlines are sometimes more an excuse than a reason. Who knows, maybe China banned Bitcoin yet again. What's funny is all this talk about sidechains being the second coming of Jesus H Christ when we still haven't even got out of Bitcoin beta, how ridiculous? people will need to learn basic BTC before sidechaining biz. Well, who knows... Maybe sidechains are going to be exactly what Bitcoin needs to come out of the Beta and unfold its real potential. You're saying it yourself: Bitcoin is still in its development. Now is the time to introduce those new potentially crucial features! |
We Support Currencies: BTC, LTC, USD, EUR, GBP
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pattu1
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January 21, 2015, 12:46:22 AM |
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It's just pure bottom-finding going on at the moment, and especially over the last two weeks. It's not a single entity dumping coins in my opinion. Sure, mining operations have to liquidate BTC constantly, but this has to be factored in at some point.
The problem is that the downtrend has been on for months now... And the bottom doesn't seem to be in sight! |
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deine mudder
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January 21, 2015, 02:44:42 AM |
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It's just pure bottom-finding going on at the moment, and especially over the last two weeks. It's not a single entity dumping coins in my opinion. Sure, mining operations have to liquidate BTC constantly, but this has to be factored in at some point.
The problem is that the downtrend has been on for months now... And the bottom doesn't seem to be in sight! Are people still fishing for bottoms by catching knifes People, the hype is over. You don't need to panicbuy all the time. And catching knifes is a bad idea too. |
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nextblast
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January 21, 2015, 05:40:58 AM |
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Greedy BTC buyers are dumping, because they want to buy more coins back with lower price.
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Chef Ramsay
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January 21, 2015, 06:21:55 AM |
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Greedy BTC buyers are dumping, because they want to buy more coins back with lower price.
I'm not seeing it unless you just posted a message you meant to send out a week ago. Now, I'm not saying the complete opposite is true but there certainly isn't a dump going on. The price is on the sturdy end of the last handful of days. |
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