tiptopgemdotcom (OP)
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Activity: 1736
Merit: 1000
Truly decentralized stable asset
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April 15, 2013, 05:31:05 AM |
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1. miners selling?
2. bad press?
3. mtgox's failures?
4. worry of government interference?
5. money fleeing safe havens? (gold and silver are down lately too)
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keatonatron
Sr. Member
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Activity: 308
Merit: 250
Jack of oh so many trades.
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April 15, 2013, 05:38:27 AM |
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6. People who bought for $100+ patiently waiting for the price to go back up (and not selling or buying in the meantime)
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1KEATSvAhbB7yj2baLB5xkyJSnkfqPGAqk
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BitCloud
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Activity: 48
Merit: 0
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April 15, 2013, 05:38:55 AM |
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1
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drakahn
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April 15, 2013, 05:40:37 AM |
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The stonecutters
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14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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Ekaros
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April 15, 2013, 08:01:58 AM |
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What keeps the price up?
And what is up and what is down, in a long run?
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tiptopgemdotcom (OP)
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Activity: 1736
Merit: 1000
Truly decentralized stable asset
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April 15, 2013, 10:51:15 AM |
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What keeps the price up?
And what is up and what is down, in a long run?
I guess upward pressures are a different topic. I don't mean what keeps it down at 100. I meant what are the various types of downward pressure that we are dealing with at present. This might be true whether we are at $100 or $1000. |
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cypher-punk
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Activity: 14
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April 15, 2013, 01:09:32 PM |
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me.  |
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aurora
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April 15, 2013, 03:58:48 PM |
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i'm merchant . if last 3 months I would hoard coins, now I sell them as soon as I get them
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Dym.gameDouble your money. Use Martingale/anti strategies. 1 to 1 odds
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tiptopgemdotcom (OP)
Legendary
Offline
Activity: 1736
Merit: 1000
Truly decentralized stable asset
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April 15, 2013, 04:04:20 PM |
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i'm merchant . if last 3 months I would hoard coins, now I sell them as soon as I get them
Thank you!!! 1. miners selling 2. bad press 3. mtgox's failures 4. worry of government interference 5. money fleeing safe havens (gold and silver are down lately too) 6. merchants afraid of another crash sell right away any more? |
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pretendo
Member
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Activity: 112
Merit: 10
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April 15, 2013, 06:13:39 PM |
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The price us currently floated by speculation. Why do you think bitcoin is undervalued?
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aurora
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April 15, 2013, 06:36:01 PM |
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The price us currently floated by speculation. Why do you think bitcoin is undervalued?
you made a grammatical mistake it should read overvalued |
Dym.gameDouble your money. Use Martingale/anti strategies. 1 to 1 odds
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wingding
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April 15, 2013, 07:54:32 PM |
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limited money supply=>hoarding =>bubbles =>less trust
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aurora
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April 16, 2013, 12:04:20 AM |
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i'm merchant . if last 3 months I would hoard coins, now I sell them as soon as I get them
Thank you!!! 1. miners selling 2. bad press 3. mtgox's failures 4. worry of government interference 5. money fleeing safe havens (gold and silver are down lately too) 6. merchants afraid of another crash sell right away any more? i actually stopped accepting bitcoins for couple of days because of crash. I just didnt know how to handle big drop in price. But I only get 1% business from bitcoin community, so I didnt feel hit at all |
Dym.gameDouble your money. Use Martingale/anti strategies. 1 to 1 odds
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theFed
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Activity: 38
Merit: 0
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April 16, 2013, 12:37:22 AM |
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Manipulation
Mostly this, with a little bit of everything else mentioned mixed in. |
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Jaw3bmasters
Full Member
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Activity: 196
Merit: 100
Another block in the wall
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April 16, 2013, 12:55:35 AM |
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Volume.
A few weeks ago most, couldn't wait to buy. Here you go.....
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In Cryptography we trust.
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pera
Sr. Member
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Activity: 532
Merit: 261
バカ
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April 16, 2013, 02:03:55 AM |
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Probably 1 + manipulation + mtgox lag/ddos/crash/bot abuse/etc.
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ｷﾀ━━━━(ﾟ∀ﾟ)━━━━ｯ!!
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TsuyokuNaritai
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April 16, 2013, 02:19:31 AM |
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The stonecutters
Who controls the DDOS crown? Who keeps the price of bitcoins down? We do, we do. Who knocks Mt Gox off the maps? Who keeps the botnets under wraps? We do, we do!  |
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rudeguy
Newbie
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Activity: 19
Merit: 0
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April 16, 2013, 04:06:50 AM |
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The stonecutters
Who controls the DDOS crown? Who keeps the price of bitcoins down? We do, we do. Who knocks Mt Gox off the maps? Who keeps the botnets under wraps? We do, we do! Nice. Signed in just to tell you.  |
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MikeH
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April 16, 2013, 04:42:31 AM |
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kids trading bitcoin they got cheap or free like it's a computer game.
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relmeas
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April 16, 2013, 05:04:11 AM |
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lots of people forgot about btc when it kept at $2-$10 for a year or so and now when they hear it's $250 they sell their small but now pretty valuable leftovers from $30 fiasco.
there are also leftover pre-miners with thousands of btc and they can crash the market any moment, you can't predict anything with btc really.
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