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IDKwhatimdoing
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August 18, 2015, 10:49:56 PM |
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I wonder how people will try to close their longs with this massively dwindling support.
Like always, without any problem. I guess that's one way of looking at it...  head up and go forward |
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TerraMaster
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August 18, 2015, 10:56:41 PM |
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We now have four red candles in a row on the weekly chart. That hasn't happened since the crash last winter.
interestingly, we're still down less than 50% for the last twelve months which means we're STILL out performing WTI crude. Is oil dead?
lol, bitcoin has the same problem as oil... plenty of it and no demand!  But still both have a place in the world lol |
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hdbuck
Legendary
 Offline
Activity: 1260
Merit: 1002
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August 18, 2015, 11:02:49 PM |
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gentlemen, it is now or never to sell >250$.
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inca
Legendary
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Activity: 1176
Merit: 1000
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August 18, 2015, 11:04:58 PM |
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Been extremely busy over the last two weeks but we seem to have become awfully bearish over what is actually a non-event in actual economic terms for bitcoin.
If bitcoin evolves to be a bitcoin-xt chain then bitcoin will potentially scale as transaction demand rises in the coming months/years. If bitcoin remains derived from reference Core clients then nothing is likely to change until the blocksize limit is reached, at which stage the majority of hashing power will simply fork for purely economic reasons and choose to scale - bitcoin Core developers be damned.
The end result to the user is zero for at least another year. High drama of course for the speculators.
Remember the long term log downtrend is currently at ~225. So even in this fabricated existential crisis we are still 25 dollars above that even now.
If we turn upwards before 220 then this is still a bullish recovery in the intermediate term.
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BitofaN1
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August 18, 2015, 11:34:10 PM |
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Holy crap!
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natewelt
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August 18, 2015, 11:34:32 PM |
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The selloff is accelerating.
Do people think that their coins are going to be worthless if this whole XT fork ends up happening? Is that why people are dumping? Is there any evidence to suggest the classic core coins will be worthless? What happens to my BTC? I sure as hell don't want to be holding if this is the case.
I thought this whole XT thing might actually be a positive catalyst, but obviously I don't know anything about the economics here.
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Patel
Legendary
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Activity: 1321
Merit: 1007
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August 18, 2015, 11:36:24 PM |
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holy shit the dumps
I think anti-privacy volks are dumping because of the privacy news
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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August 18, 2015, 11:36:42 PM |
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gentlemen, it is now or never to sell >250$.
Too late A single 4000 sell brings us down to 220. Only ina and billy can save us now. Make that 2000 sell for $220 1300800 |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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August 18, 2015, 11:37:50 PM |
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Even though I'm losing money here, this is a pretty amazing thing to behold |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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August 18, 2015, 11:38:27 PM |
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China is completely ignoring this as we go between $220 and $240 with just a few BTC of volume both ways  |
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kenji
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August 18, 2015, 11:38:33 PM |
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rip bitcoin
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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August 18, 2015, 11:38:45 PM |
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Patel
Legendary
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Activity: 1321
Merit: 1007
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August 18, 2015, 11:39:14 PM |
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Wow 30 dollars in few minutes
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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August 18, 2015, 11:41:20 PM |
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...
P.S. will 230 hold?
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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August 18, 2015, 11:42:11 PM |
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two digits soon
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Xian01
Legendary
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Activity: 1652
Merit: 1067
Christian Antkow
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August 18, 2015, 11:42:18 PM |
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This drop is causing me to feel my testicles in my throat.
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megadeth
Sr. Member
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Activity: 289
Merit: 252
bagholder since 2013
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August 18, 2015, 11:42:47 PM |
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tr00 believers gonna be tested.
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Patel
Legendary
Offline
Activity: 1321
Merit: 1007
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August 18, 2015, 11:43:21 PM |
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 Somebody just got tfo |
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kenji
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August 18, 2015, 11:43:33 PM |
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fuck you guys! i am in the vacation now and i have no access to my paperwallets  now my holiday is fuckied up! |
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criptix
Legendary
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Activity: 2464
Merit: 1145
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August 18, 2015, 11:44:52 PM |
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