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bootmii (OP)
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April 03, 2013, 09:17:56 PM
 #1

Bitcoin is falling, probably to its demise.

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humanitee
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April 03, 2013, 09:18:37 PM
 #2

/s

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April 03, 2013, 09:20:43 PM
 #3

LMAO..

Dude, price is going down due to MTGox's instability not because there's a selloff per se...
when mtgox gets its shit together again we'll see bitcoin back in the $150's

ok well i guess its over then  Tongue


bootmii (OP)
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April 03, 2013, 09:21:22 PM
 #4

nope still falling…

humanitee
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April 03, 2013, 09:24:43 PM
 #5

nope still falling…
It can go down to 80 for all I care. I'm not selling a single satoshi Smiley

If true, thanks.

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April 03, 2013, 09:24:50 PM
 #6

nope still falling…
It can go down to 80 for all I care. I'm not selling a single satoshi Smiley

Down to 80? Down to single figures! Man, I have wet dreams with that, I would at least triple my holdings in BTC if that buy opportunity materializes


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April 03, 2013, 09:25:29 PM
 #7

nope still falling…
It can go down to 80 for all I care. I'm not selling a single satoshi Smiley

+1     

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April 03, 2013, 09:27:14 PM
 #8

LMAO..

Dude, price is going down due to MTGox's instability not because there's a selloff per se...
when mtgox gets its shit together again we'll see bitcoin back in the $150's

ok well i guess its over then  Tongue



I thought you were joking the whole year but you were completely right all the time!
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April 03, 2013, 09:36:09 PM
 #9

These dumps can be healthy for bitcoin longer term. They seem to disperse the 'coins and flush out some of the "scared money". Despite the horrendous goxlag (did I just invent a new bitcoinspeakword?), I've noticed lots of fair-sized dumps without many correspondingly large buy-ups, yet the price has only descended moderately. That suggests there's a lot of hidden support in small bids (I've set Bitcoinity to filter out the sub-BTC5 chaff).

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April 03, 2013, 09:50:13 PM
 #10

These dumps can be healthy for bitcoin longer term. They seem to disperse the 'coins and flush out some of the "scared money". Despite the horrendous goxlag (did I just invent a new bitcoinspeakword?), I've noticed lots of fair-sized dumps without many correspondingly large buy-ups, yet the price has only descended moderately. That suggests there's a lot of hidden support in small bids (I've set Bitcoinity to filter out the sub-BTC5 chaff).

This.  A healthy market needs to correct.  Nothing goes straight up and if it does, it comes down real quick (i.e. tulip mania).  Just because price declines, even a substantial amount from where we are, that doesn't mean it was a bubble.  It's a correction and those happen and will continue to happen.  Every investment that has had a long and strong sustained level of growth correct along the way.  They're called channels and not rocket ships for a reason.  People thinking this will go to the moon nice and smooth are not being realistic.

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April 03, 2013, 09:50:51 PM
 #11

And its back to $130 bahaha

- aka The "DigiMan"
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April 03, 2013, 10:14:13 PM
 #12

Bitcoin is falling, probably to its demise.

If everyone was short, Randy Newman never would have made the big time - and we'd all be poorer for that.

Which makes an awful lot more sense than the OP, if you stop to think about it...

Dankedan: price seems low, time to sell I think...
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April 03, 2013, 10:40:23 PM
 #13

Odds are very good that we'll see low double digits again, and when we get back down there, there's a good chance we can make it back into the single digits if enough people are turned off by the crash.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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April 03, 2013, 10:48:29 PM
 #14

still at $153 at Virwox!
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April 03, 2013, 10:59:57 PM
 #15

Odds are very good that we'll see low double digits again, and when we get back down there, there's a good chance we can make it back into the single digits if enough people are turned off by the crash.
Nope. Now they are turned on becouse they see how much money they can make in a single day. Now I am thinking shit, when it hits $500 I will sell and buy back in at $300 in the same day. lol

- aka The "DigiMan"
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April 04, 2013, 01:41:24 AM
 #16

Where do you short? My bitcoins are ready for you to borrow. Grin

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April 04, 2013, 06:00:48 AM
 #17

Where do you short? My bitcoins are ready for you to borrow. Grin

+1

Smiley









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.
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April 04, 2013, 08:51:27 PM
 #18

Short? Take your old-school financial scumbaggery elsewhere. You short it by holding a competing currency :p

I tweet crypto nonsense: https://twitter.com/DunningKruger_
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