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smoothie (OP)
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February 02, 2013, 09:12:43 AM
 #1
"why did the price go down? ? ? ? ? ?  Cry

Why oh why oh why?

How come how come how come....

You go down bitcoin?

You no love me long time?  Cry Cry Undecided Undecided"




 Cheesy Cheesy Cheesy Cheesy
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February 02, 2013, 09:13:21 AM
 #2
Quote from: smoothie on February 02, 2013, 09:12:43 AM
"why did the price go down? ? ? ? ? ?  Cry

Why oh why oh why?

How come how come how come....

You go down bitcoin?

You no love me long time?  Cry Cry Undecided Undecided"




 Cheesy Cheesy Cheesy Cheesy
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oakpacific
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February 02, 2013, 09:20:28 AM
 #3
This dump is such a relief, I almost feel grateful for the bears/Avalon gods, etc. Finally the RSI could dip below 70 for a while, if it were to stay above there, I would really not know what to do.
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Luno
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February 02, 2013, 09:44:21 AM
 #4
This dump had a wavery bottom. It didn't land on a strong support level!

Most must be sleeping, or watching in disbelief!
notme
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February 02, 2013, 04:21:41 PM
 #5
Oh noes, a 10% correction that immediately recovered to $0.30 below where it started Roll Eyes.
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cypherdoc
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February 02, 2013, 04:48:39 PM
 #6
Quote from: smoothie on February 02, 2013, 09:12:43 AM
"why did the price go down? ? ? ? ? ?  Cry

Why oh why oh why?

How come how come how come....

You go down bitcoin?

You no love me long time?  Cry Cry Undecided Undecided"




 Cheesy Cheesy Cheesy Cheesy

lol!  not bad smoothie.
Peter Lambert
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February 02, 2013, 05:16:24 PM
 #7
Quote from: smoothie on February 02, 2013, 09:12:43 AM
"why did the price go down? ? ? ? ? ?  Cry

Why oh why oh why?

How come how come how come....

You go down bitcoin?

You no love me long time?  Cry Cry Undecided Undecided"




 Cheesy Cheesy Cheesy Cheesy

Well, if you look at the data, the price was going steadily downward for about a day before the latest dump. Maybe somebody thought the rally was over, and wanted to dump while we are at the top?

I welcome some downward movement, since I am slowly buying bitcoins right now, and I would prefer the price stays low until I get to the position I want to hold. Then the price can jump.
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notme
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February 02, 2013, 05:22:29 PM
 #8
Quote from: Peter Lambert on February 02, 2013, 05:16:24 PM
I welcome some downward movement, since I am slowly buying bitcoins right now, and I would prefer the price stays low until I get to the position I want to hold. Then the price can jump.

This.
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Beta-coiner1
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February 02, 2013, 07:14:48 PM
 #9
It seems to be right on cue actually.It relieves some of the pressure on BTC being too valuable or more notably called a "correction".
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