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TaunSew
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January 04, 2017, 11:39:18 PM |
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The old ATH of $1250 is a pretty huge psychological barrier to overcome.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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pealr12
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January 04, 2017, 11:56:34 PM |
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If bitcoin reached 1300 this week then its my turn to sell some of my save btc. Will be using it for my birthday.. and the rest btc will be sleeping for 10 years and above. Need patence if you want big returns in the future.
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Its About Sharing
Legendary
 Offline
Activity: 1442
Merit: 1000
Antifragile
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January 05, 2017, 10:25:13 AM |
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Can we just sticky this? There is one every few days...  Nice Call and now we move on.  |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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UnDerDoG81
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Activity: 2179
Merit: 1201
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January 05, 2017, 11:42:49 AM |
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800 coins sold and burned. I hope that guy who tried to crash the price is pissed badly now.
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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January 05, 2017, 11:57:13 AM |
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Can we just sticky this? There is one every few days... Nice Call and now we move on. Except that the OP was being sarcastic, and actually denied the possibility of a large drop. So far, Huobi and BTCChina are still MIA, while OKCoin dumped much harder than expected. Is there some bearish news from China, like the two exchanges being in difficulty somehow? |
Sometimes, if it looks too bullish, it's actually bearish
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kwukduck
Legendary
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Activity: 1937
Merit: 1001
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January 05, 2017, 12:40:36 PM |
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The bubble really seems over now. We can expect one or two more big dumps before people start panic selling and the whole thing crumbles down to 300-500 again.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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kwukduck
Legendary
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Activity: 1937
Merit: 1001
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January 05, 2017, 12:45:29 PM |
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Juup aaaand here we go again. Hold on to something guys, it's going to be a long way down.
There is basically no demand up to around $500. Anyone holding a few coins can cause complete market panic.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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Lituation
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January 05, 2017, 12:47:42 PM |
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Juup aaaand here we go again. Hold on to something guys, it's going to be a long way down.
Not really that long way down when you have sold 50% of your holdings and you're riding for free. It is looking like we're going to tumble now, you maybe right for once  |
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phunixx
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Activity: 121
Merit: 10
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January 05, 2017, 12:53:22 PM |
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And down down down REALLY fast......Time to buy again soon
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kwukduck
Legendary
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Activity: 1937
Merit: 1001
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January 05, 2017, 12:55:55 PM |
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Lol it's not just going down this thing is vertical. Gox all over again. Lmao
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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gakkung12
Newbie
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Activity: 9
Merit: 0
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January 05, 2017, 01:01:14 PM |
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will go up again soon! |
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1Referee
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Activity: 2170
Merit: 1427
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January 05, 2017, 01:09:52 PM |
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Looks like OP prediction came true this time, but who knows if it's temporary/flash crash or not  Crashed from $1166 to $980 in a minute guys. Correction was imminent for quite a while, so in that regard, it's not coming as a surprise for me. I welcome this drop as it made me a good profit in such a short time. I personally hope that this volatility will remain active for the coming days. The more volatility, the better. For China it's important to maintain the 7000CNY barrier in the coming days. As long as that happens, then I am fairly confident that the price will go up again after a short break. The market needs this time out. Nothing goes only up in value without experiencing these level of corrections. |
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giacatluong
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January 05, 2017, 01:10:57 PM |
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Every single time there is a little move, a post like this goes up. My response is always the same: look at a historical chart. Realize this is completely pedestrian in Bitcoin. If the price fell below $500 it should warrant the raise of an eyebrow, below $300 maybe you should look into the cause.
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LoyceV
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Merit: 16582
Thick-Skinned Gang Leader and Golden Feather 2021
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January 05, 2017, 01:14:08 PM |
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Every single time there is a little move, a post like this goes up. My response is always the same: look at a historical chart. Realize this is completely pedestrian in Bitcoin.
I've noticed it usually drops a lot faster than it rises. It now dropped $150 in an hour, while it took 4 days to go up by that amount. I can only conclude panic sales on the way down are much stronger than people trying to jump the train on the way up. |
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kiranrh
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Activity: 110
Merit: 10
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January 05, 2017, 01:15:52 PM |
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I think its started now.. !!  |
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Huge Black Woman
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January 05, 2017, 01:16:45 PM
Last edit: January 06, 2017, 10:07:54 AM by Huge Black Woman |
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Oh mah lawd!! I figgered they was a correction acomin', but day-ummm! This here's worse than that Batman ride at six fags. I gotsta hode onta my breeches an' I suggest all y'all do da same. Don't sayll!
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aardvark15
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January 05, 2017, 01:27:05 PM |
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A correction is expected with such a huge increase so quickly. Look at it as a good time to buy more Bitcoins.
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lite
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Activity: 1400
Merit: 1009
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January 05, 2017, 01:29:18 PM |
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A correction is expected with such a huge increase so quickly. Look at it as a good time to buy more Bitcoins.
Yeah, buy the dip.(i bought some coins) this is last chance to get more cheap coins, because bitcoin price gonna shoot right up and this time it's gonna go $1500+ heh. |
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jtipt
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January 05, 2017, 01:34:58 PM |
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The bubble really seems over now. We can expect one or two more big dumps before people start panic selling and the whole thing crumbles down to 300-500 again.
Yeah bubble is definitely over now, but a drop to 300-500 seems a little too much at this point. I am expecting a crash to around 800s at most and if we are lucky the crash might not go below 900. |
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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January 05, 2017, 01:35:48 PM |
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Price has dropped but I wouldn't call this big crash. It's the correction which is normal and expected in situation like this. Bitcoin was constantly climbing up very fast so this drop it's some kind of safety trigger, let's call it so, but I do think it will go bellow 800$ and after a while will start to pump again.
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