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kobilica
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August 14, 2016, 03:04:32 PM |
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But after halving, it rose a bit higher, then the price started to go down again (and then days later... boom hack)
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TReano
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August 14, 2016, 03:13:58 PM |
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It's lovely when people try to pick bottoms in a bearish market  |
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savetherainforest
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August 14, 2016, 03:15:52 PM |
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The price is falling again. Any reason for this?
Probably the last dip before the big pumps.  |
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BlindMayorBitcorn
Legendary
 Offline
Activity: 1260
Merit: 1115
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August 14, 2016, 03:22:45 PM |
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Looks like 570 ain't gonna hold... The world lies with the Wicked One. It's the spirit of the age.  |
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DARKHOLDER
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August 14, 2016, 03:34:35 PM |
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So zooming out to 1d on the chart, from 5/24, bitcoin is just looking like your typical PnD bubble that we've seen so many times before. A blow off top, followed by long legs down. Looks like it could eventually deflate all the way back to ~450.  I think so its slowly going down to healthy ground...to 400$..till next pump  400$ ... that is impossible ... maybe only if the dollar doubles its value. Miners where complaining when it was $300-350$ that it is too low, and they said they need at least $400+ to be prosperous. Meaning that their cartel, with half of the coins they where getting then making them now to need at least $650-700$ to be relaxed and $900+ to have no worries. But considering that there will be barely 4 million more coins in the next 12 years that will be semi-easy to mine, their supply is on thin ice till mass adoption. Meaning there will be a time when they will hold all and stop selling. Hope You are right about every big life decision I take ... and also I consult my shaman.  But till now I was pretty prosperous with bitcoin so... dunno if I'm going to be wrong! For example it will probably try to dip to $500-550$ again... but I'm sure that will last less than 5-15 minutes. But I'm not sure if that will happen, because from what I see everyone is greedy and there might be no small dip before the pumping starts. I also saw that when the bullion silver market moves, bitcoin moves as well. You are very optimistical ...400-450 is the dip....if I can load btc at 200-300 euro last sept oct all I can, think many whales do exactly the same and many of them now want more cheap btc and 400-450 is the price they let go down..but many of this year buyers think price crash and do panic sell to 400..and by the way many of miners are set in china (in some regions electricity is free) and in the former teritory of the Russian Federation where electricity is very cheap.. |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4482
You're never too old to think young.
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August 14, 2016, 03:39:34 PM |
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Good morning Bitcoinland.
Down $10 overnight. Barely worth mentioning.
Ahhh. The "good" old summertime.
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TheHangingLog
Newbie
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Activity: 17
Merit: 0
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August 14, 2016, 03:47:47 PM
Last edit: August 14, 2016, 04:08:31 PM by TheHangingLog |
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Looks like a mini-trend-reversal, up to $571.84?
Maybe not... O well, moar cheap coinz for me. |
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aztecminer
Legendary
Offline
Activity: 1092
Merit: 1000
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August 14, 2016, 03:51:38 PM |
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Now the price is lower than I bought for last week and I can't buy any more until Tuesday. I'm now watching helpless either way.... maybe I'll be able to snap up some bargains by Tuesday bitcoin is on its way down! bears are having their way while no longs on BFX to prop up the price.. downtrend will pick up momentum as everyone realizes that BFX hack is not over and is mtgox x 2! .... get ready for $180 bitcoin!  |
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talkingleaves
Member
Offline
Activity: 106
Merit: 10
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August 14, 2016, 03:52:44 PM |
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Now the price is lower than I bought for last week and I can't buy any more until Tuesday. I'm now watching helpless either way.... maybe I'll be able to snap up some bargains by Tuesday bitcoin is on its way down! bears are having their way while no longs on BFX to prop up the price.. downtrend will pick up momentum as everyone realizes that BFX hack is not over and is mtgox x 2! .... get ready for $180 bitcoin! you short? or fud-ing? |
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aztecminer
Legendary
Offline
Activity: 1092
Merit: 1000
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August 14, 2016, 04:00:36 PM |
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Now the price is lower than I bought for last week and I can't buy any more until Tuesday. I'm now watching helpless either way.... maybe I'll be able to snap up some bargains by Tuesday bitcoin is on its way down! bears are having their way while no longs on BFX to prop up the price.. downtrend will pick up momentum as everyone realizes that BFX hack is not over and is mtgox x 2! .... get ready for $180 bitcoin! you short? or fud-ing? lol.. i think we won't see uptrend until regulated us exchange has margin trading . BFX has totally destroyed confidence in un-regulated exchanges.. how make a profit when your going to get haircut ?? pointless to trade on exchanges like that.. better to keep your coins in cold storage . BFX is a source of much drama and problems for crypto technology . they are going down as an example . |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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August 14, 2016, 04:16:41 PM |
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Looks like misery is the river of the world?
Maybe not... O well, moar cheap coinz for me. Propping up my bag is a fool's errand, homie. |
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Torque
Legendary
Offline
Activity: 3556
Merit: 5041
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August 14, 2016, 04:20:25 PM |
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So zooming out to 1d on the chart, from 5/24, bitcoin is just looking like your typical PnD bubble that we've seen so many times before. A blow off top, followed by long legs down. Looks like it could eventually deflate all the way back to ~450.  So Dafar, still mocking me thus far? |
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TheHangingLog
Newbie
Offline
Activity: 17
Merit: 0
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August 14, 2016, 04:23:16 PM |
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homie. I don't speak Jive; diminutive for homo? Will 568 hodl? |
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European Central Bank
Legendary
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Activity: 1288
Merit: 1087
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August 14, 2016, 04:29:33 PM |
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lol.. i think we won't see uptrend until regulated us exchange has margin trading.
what's holding this back? it must be the number one request. I read somewhere there's some type of legal nuance that prevents them from offering it. as that's the number one thing any finance pro wants I can't believe it's impossible to obtain. |
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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August 14, 2016, 04:32:18 PM |
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homie. I don't speak Jive; diminutive for homo? Will 568 hodl?  |
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BathSaltsDealer
Member
Offline
Activity: 88
Merit: 10
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August 14, 2016, 04:35:38 PM |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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August 14, 2016, 04:55:40 PM |
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Gyrsur
Legendary
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Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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August 14, 2016, 05:14:10 PM |
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next 24 hours are critical!!
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savetherainforest
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August 14, 2016, 07:21:38 PM |
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next 24 hours are critical!!
 r u holdor holding? |
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talkingleaves
Member
Offline
Activity: 106
Merit: 10
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August 14, 2016, 07:31:32 PM |
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boo memes...where's all your optimism gone people. this goxxing didn't wreck bitcoin half as bad as the first one.
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