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wonkytonky
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July 05, 2013, 10:19:47 PM |
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well.. he's gonne sell it when theprice is high enough..  expect blood next week |
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gizmoh
Legendary
 Offline
Activity: 1428
Merit: 1000
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July 05, 2013, 10:20:17 PM |
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Probably a lost whale  |
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bitcodo
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July 05, 2013, 10:20:31 PM |
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So, sellers are just waiting for someone eager to buy BTC.
Down we go.
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hd060053
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July 05, 2013, 10:20:45 PM |
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Lol, this wall was a joke, eaten in 1-2 minutes it opened a way for a new downwards trend. |
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Dalib
Full Member
Offline
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
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July 05, 2013, 10:24:24 PM |
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yes, he was a joker ...
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Arcas
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July 05, 2013, 10:26:34 PM |
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Feeling good about my decision to buy USB Miners for 1BTC and resell for about $180 a piece on ebay this past week!
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Voodah
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July 05, 2013, 10:27:41 PM |
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Feeling good about my decision to buy USB Miners for 1BTC and resell for about $180 a piece on ebay this past week!
Those puppies would've never gotten you that much. |
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Dalib
Full Member
Offline
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
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July 05, 2013, 10:32:18 PM |
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maybe he needed coins for purchase on the SR  |
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bitcodo
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July 05, 2013, 10:34:17 PM |
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I'm scared.
Tomorrow I'm going fishing, and don't want any whales.
Must call Inuits and Japanese to help me sort thing out.
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bystander
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July 05, 2013, 10:34:32 PM |
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Lol, this wall was a joke, eaten in 1-2 minutes it opened a way for a new downwards trend. That low of the day @ $65.42 isn't going to last at this rate. Buyers might start to re-group in the 50s. |
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Nightowlace
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July 05, 2013, 10:35:11 PM |
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You know what would be great? If campbx wouldn't SUCK ASS and come back online!
I am getting a shit ton of Coin orders now that the price is dropping and I would love to cash out and buy back low, but no Campbx is terrible and is down constantly.
Sorry needed to vent!
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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July 05, 2013, 10:35:52 PM |
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My average buyin was at around 84, if this ship is going down, I will risk drowning and have some smallish bids left at mid 50s. If we end up below 35.. hell.. I'd mobilize quality money for that. It's the first time for me to admit that we are in a downtrend right now, but I'm a bull in denial and don't want to miss the train. And there are other ways to counter falling USD/BTC like BtcTc and others. My feeling tells me this isn't over yet. There is way too much optimism left and too less tears for a full blown trend reversal. Volume isn't that huge also. Mid 50 is major psychological mark for many and I expect quite a bumpy ride, but the slower we arrive there, the less explosive power there will remain. Most of the price rush from end of march on was driven by a huge hype etc.. if we would substract all that, it's around 50 again. I'm too new to know, but I would really like to know about the rise from 10-15 till 50. Furthermore I would love to know how much the fundamentals have changed since then in relation to the time before. From my perspective there were many great news, but as mentioned before, I'm too new to know, if it was like that since always - with new investors, media coverage, better infrastructure, rising awareness, more acceptance and so on.. but anyway, it happened and will have a positive impact on Bitcoin's value. Those are my reasons to call 50 and 30-35 as worst worst worst case.  |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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July 05, 2013, 10:44:02 PM |
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Those are my reasons to call 50 and 30-35 as worst worst worst case. 0 and a lawsuit are my worst worst worst cases. I like your worst case instead. Sell me some insurance? |
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Dalib
Full Member
Offline
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
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July 05, 2013, 10:47:16 PM |
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Seems to me, or Bitstamp looks for cheap coin again soon?  |
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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July 05, 2013, 10:50:01 PM |
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Those are my reasons to call 50 and 30-35 as worst worst worst case. 0 and a lawsuit are my worst worst worst cases. I like your worst case instead. Sell me some insurance? It's all my perception and of course really crazy events aren't included in this scenario, but even with a ban in some countrys it's value won't be zero though. |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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July 05, 2013, 10:52:05 PM |
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My average buyin was at around 84, if this ship is going down, I will risk drowning and have some smallish bids left at mid 50s. If we end up below 35.. hell.. I'd mobilize quality money for that. It's the first time for me to admit that we are in a downtrend right now, but I'm a bull in denial and don't want to miss the train. And there are other ways to counter falling USD/BTC like BtcTc and others. My feeling tells me this isn't over yet. There is way too much optimism left and too less tears for a full blown trend reversal. Volume isn't that huge also. Mid 50 is major psychological mark for many and I expect quite a bumpy ride, but the slower we arrive there, the less explosive power there will remain. Most of the price rush from end of march on was driven by a huge hype etc.. if we would substract all that, it's around 50 again. I'm too new to know, but I would really like to know about the rise from 10-15 till 50. Furthermore I would love to know how much the fundamentals have changed since then in relation to the time before. From my perspective there were many great news, but as mentioned before, I'm too new to know, if it was like that since always - with new investors, media coverage, better infrastructure, rising awareness, more acceptance and so on.. but anyway, it happened and will have a positive impact on Bitcoin's value. Those are my reasons to call 50 and 30-35 as worst worst worst case. Only one thing i'd like to address: Fundamentals haven't changed. Hype is NOT part of it. Hype pricing is deflating. Find the price just before the hype add a premium for "new investors, media coverage, better infrastructure, rising awareness" and you'l get the true value of the coin. My take, between 30 - 50 also . |
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Kazu
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July 05, 2013, 10:56:48 PM |
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Okay so the daily schedule as of now is (1) fall ~$15, (2) go back up ~$5 to the nearest round $10 point, (3) wait for the next crash?
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Voodah
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July 05, 2013, 10:57:31 PM |
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My average buyin was at around 84, if this ship is going down, I will risk drowning and have some smallish bids left at mid 50s. If we end up below 35.. hell.. I'd mobilize quality money for that. It's the first time for me to admit that we are in a downtrend right now, but I'm a bull in denial and don't want to miss the train. And there are other ways to counter falling USD/BTC like BtcTc and others. My feeling tells me this isn't over yet. There is way too much optimism left and too less tears for a full blown trend reversal. Volume isn't that huge also. Mid 50 is major psychological mark for many and I expect quite a bumpy ride, but the slower we arrive there, the less explosive power there will remain. Most of the price rush from end of march on was driven by a huge hype etc.. if we would substract all that, it's around 50 again. I'm too new to know, but I would really like to know about the rise from 10-15 till 50. Furthermore I would love to know how much the fundamentals have changed since then in relation to the time before. From my perspective there were many great news, but as mentioned before, I'm too new to know, if it was like that since always - with new investors, media coverage, better infrastructure, rising awareness, more acceptance and so on.. but anyway, it happened and will have a positive impact on Bitcoin's value. Those are my reasons to call 50 and 30-35 as worst worst worst case. Only one thing i'd like to address: Fundamentals haven't changed. Hype is NOT part of it. Hype pricing is deflating. Find the price just before the hype add a premium for "new investors, media coverage, better infrastructure, rising awareness" and you'l get the true value of the coin. My take, between 30 - 50 also . I agree with Gizmoh here, hype is gone. I'm kinda more pessimistic though, thinking we might even see some 20~ coins... |
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ChartBuddy
Legendary
 Online
Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 05, 2013, 11:00:50 PM |
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ag@th0s
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July 05, 2013, 11:05:48 PM |
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How do people think this drop is going to effect the mining economy? Most of the avalon group buys were completed with BTCwell over $100 and the ROI's people were working to were based on that. I think a lot of noobs bought fresh BTC just to buy chips.
For the fabs who've been paid, and asicminer, it may be all good, but for everyone else it looks like a catastrophe to me?
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Poll
