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Jcastle (OP)
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July 09, 2016, 04:31:57 PM
 #1

Bitcoin price just dropped $30 to $630 lol lmao
BlockEye
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July 09, 2016, 04:38:04 PM
 #2

Bitcoin price just dropped $30 to $630 lol lmao
I still see $632 according to preev  Grin
What site do you use to see the exchange rate of BTC to a dollar? 
Dont get too excited about halving, everyone will enjoy it
jaredboice
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July 09, 2016, 04:41:26 PM
 #3

Bitcoin price just dropped $30 to $630 lol lmao

Bears have limited amount of time left before they should consider long term hibernation
Laosai
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July 09, 2016, 05:04:12 PM
 #4

Bitcoin price just dropped $30 to $630 lol lmao

And so what?
The price was steadily rising in last weeks, we had a nearly daily 5% rise, what if there is a 5% drop?

snipie
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July 09, 2016, 05:10:45 PM
 #5

Bitcoin price just dropped $30 to $630 lol lmao

And so what?
The price was steadily rising in last weeks, we had a nearly daily 5% rise, what if there is a 5% drop?

Many people expected that the price will rise just after the halving and the others just waiting for it to crash to spread the fear
Anyway it is too early to judge, the rise will happens by the law of the mathematics

ekissane
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July 09, 2016, 05:25:40 PM
 #6

Bitcoin price just dropped $30 to $630 lol lmao

Why would you lol lmao unless you're a complete ar$ehole?

I'm sure it's just market manipulation anyway and price will recover no problem and steadily climb in the months to come.
matrix zion
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July 09, 2016, 05:54:47 PM
 #7

Bitcoin price just dropped $30 to $630 lol lmao

Why would you lol lmao unless you're a complete ar$ehole?


I'm sure it's just market manipulation anyway and price will recover no problem and steadily climb in the months to come.

Or if you were saying btc price will drop and everyone was dumbly answering "nah not possible it will rise because of you know  and all the halving and all..."

Especially if you have shorted the halving ^^
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July 09, 2016, 07:51:25 PM
 #8

It's a good time to buy a little with the drop. It is a little surprising because most people expected an increase and some expected a big increase after the halving.

 
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Junko
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July 09, 2016, 08:01:00 PM
 #9

It's a good time to buy a little with the drop. It is a little surprising because most people expected an increase and some expected a big increase after the halving.

I don't think it's surprising at all. I think more people expect a significant increase weeks to months after the halving, not hours or days after the halving, lol. It will be similar to the last halving.

Sell if you are worried. Hodl if you're not.
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July 09, 2016, 08:28:26 PM
 #10

It's a good time to buy a little with the drop. It is a little surprising because most people expected an increase and some expected a big increase after the halving.

Some expect all to go by good old "buy the rumor,sell the news", and another bunch of people expect halving to increase the price because miner dumps
will have lower impact. Time will tell, but i personally aint gonna sell for a while. Market can do whatever it wants for all i care. #hodl #waitthebulls
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July 09, 2016, 08:39:00 PM
 #11

See you in 3 months and BTC at ATH.

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yugo23
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July 09, 2016, 09:07:55 PM
 #12

It's a good time to buy a little with the drop. It is a little surprising because most people expected an increase and some expected a big increase after the halving.

Some expect all to go by good old "buy the rumor,sell the news", and another bunch of people expect halving to increase the price because miner dumps
will have lower impact. Time will tell, but i personally aint gonna sell for a while. Market can do whatever it wants for all i care. #hodl #waitthebulls

Halving couldn't do anything but make the price rising!
It will just take some time ^^
ProfessionalGoogler
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July 09, 2016, 09:18:19 PM
 #13

It's a good time to buy a little with the drop. It is a little surprising because most people expected an increase and some expected a big increase after the halving.

Some expect all to go by good old "buy the rumor,sell the news", and another bunch of people expect halving to increase the price because miner dumps
will have lower impact. Time will tell, but i personally aint gonna sell for a while. Market can do whatever it wants for all i care. #hodl #waitthebulls

Halving couldn't do anything but make the price rising!
It will just take some time ^^

People already prepared for this since we know when it happens.

ProfessionalBitsurgeon
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July 09, 2016, 09:21:12 PM
 #14

Bitcoin price just dropped $30 to $630 lol lmao

And so what?
The price was steadily rising in last weeks, we had a nearly daily 5% rise, what if there is a 5% drop?
Charts seem to disagree...

https://s32.postimg.org/nl192uk1x/Capture.gif

Huh Sad  Let's never speak of this again.

P.S. 2 weeks at +5%/day would roughly *double* the price.
Laosai
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July 09, 2016, 10:07:41 PM
 #15

Bitcoin price just dropped $30 to $630 lol lmao

And so what?
The price was steadily rising in last weeks, we had a nearly daily 5% rise, what if there is a 5% drop?
Charts seem to disagree...



Huh Sad  Let's never speak of this again.

P.S. 2 weeks at +5%/day would roughly *double* the price.

Ok sorry it was an expression ^^
Let's just say that Price increased a lot lately so it's not really troublesome to see a small down today Wink

ProfessionalBitsurgeon
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July 09, 2016, 10:15:54 PM
 #16

^^Sure. The price fell over the past three weeks, but if we ignore the charts and rely on blind optimism instead, everything's gonna work out just fine Smiley
The Sceptical Chymist
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July 09, 2016, 11:32:01 PM
 #17

According to my Mycelium wallet--which uses Bitstamp--we're at $652.54.  I suspect the halving didn't and isn't going to produce the effect most people thought.  What we got, which was a steep rise from $430 to $700, is all we were going to get.  And now people are taking some profit.  Eh.  You watch, we'll have more volatility than our stomachs can handle in the next few months.  That's what it feels like for me.  We'll have a nice session of vomiting all over ourselves.  And then we'll be at $1000.  Bring your air freshener.

Edit:  And fuck yeah, I'll be a hero member by then.  Woooooooooooooooooooot.

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panju1
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July 10, 2016, 01:22:38 AM
 #18

Price seems to have recovered very quickly.
Back to $650+ now.
A few months after the halving is when you will discover the correct level.
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July 10, 2016, 01:29:35 AM
 #19

Back to $650+ now.

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Angell
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July 10, 2016, 03:02:09 AM
 #20

It's normal for the price to fluctuate. When more and more people start using bitcoin the price will stabilise and also as more bitcoins are being mined.

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