DaRude
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Activity: 2833
Merit: 1851
In order to dump coins one must have coins
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January 14, 2015, 06:34:46 AM |
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I'm telling you... the next GOX is very close
When People start to withdraw fiat, some will collapse. Scamchanges :-) better get coins and money off exchanges ASP. That'd be crazy they must be making 100's of thousands on this volume. Never understood why they'd kill the goose that lays the golden eggs If they invested all profits into BTC, or even customer funds into BTC, it's possible that scam exchanges (if they exist) could shut down. That'd be killing the goose the lays golden eggs. But i guess never underestimate someone's greed/stupidity
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JorgeStolfi
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January 14, 2015, 06:35:59 AM |
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The price is now the same as it was on October 28, 2013.
One could interpret this drop as being the complete deflation of the Nov/2013 bubble proper, that began around 2013-11-01; leaving the price at the plateau of the smaller Oct/2013 bubble, that started on 2013-10-05 at 125 $/BTC and settled down at 205 $/BTC.
Perhaps that Oct/2013 bubble will not deflate. Or perhaps it and/or several previous bubbles are deflating, too.
Anyway, I would guess that the next interesting price is 125 $/BTC, and after that 50 $/BTC.
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r0ach
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Activity: 1260
Merit: 1000
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January 14, 2015, 06:39:42 AM |
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Anyway, I would guess that the next interesting price is 125 $/BTC, and after that 50 $/BTC.
The next interesting price would probably be the energy cost of production, which I think is around $150, then you have the hardware costs on top of that. It's already under total cost of production, but I think the energy cost of production number is probably a big thing.
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crazy_rabbit
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Activity: 1204
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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January 14, 2015, 06:40:11 AM |
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There is a million dollar buy wall at $200. Normally I would feel confident about that, but today- I don't. It's nearly 8am here in Europe and 2am in the east coast.
What looks like a wall to some is going to look like a "get out without any further slippage" to others.
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medialab101
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January 14, 2015, 06:43:33 AM |
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Only one way to go now...
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DaRude
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Activity: 2833
Merit: 1851
In order to dump coins one must have coins
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January 14, 2015, 06:46:57 AM |
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So we're back to pre China levels? Finex is putting up a fight, while stamp is dry out of fiat
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helluvaname
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Activity: 28
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January 14, 2015, 06:47:30 AM |
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I'm sitting waiting to pull the trigger to buy another 1 BTC. wait for sub 200 or just pull at 205?
byu one now and one at sub 200. easy.
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magicmexican
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January 14, 2015, 06:49:29 AM |
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Given how weak the buyers response been at reaching 200$ - i'd say it wont be a problem getting to 120$ or so.
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crazy_rabbit
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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January 14, 2015, 06:50:01 AM |
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Only one way to go now... I just saw that on reddit right now.
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JorgeStolfi
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January 14, 2015, 06:52:37 AM |
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The next interesting price would probably be the energy cost of production, which I think is around $150, then you have the hardware costs on top of that. It's already under total cost of production, but I think the energy cost of production number is probably a big thing.
That may be a significant price for the miners, but they do not influence the price directly. They can only influence the price by retaining or dumping some of their mined coins. However, in that respect they are acting as investors, and can be lumped with them.
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InvestorPerson
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January 14, 2015, 06:57:32 AM |
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what is this, a dump for little girls? can't break that 200?
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samsonn25
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January 14, 2015, 06:58:35 AM |
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If you thought BTC was bad, LTC is down 97% from high. Down 97% BTC would be $35 now.
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ChartBuddy
Legendary
Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 14, 2015, 07:00:04 AM |
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Bitfinex Bitstamp Explanation
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mano21
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Activity: 55
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January 14, 2015, 07:04:53 AM |
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I'm sitting waiting to pull the trigger to buy another 1 BTC. wait for sub 200 or just pull at 205?
byu one now and one at sub 200. easy. true my dude thx
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Tzupy
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January 14, 2015, 07:05:38 AM |
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If you have no position. Short the pop at 208-209ish
No, thank you. I closed my short late this night at about 217$ and I'm not opening another soon, too risky.
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r0ach
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Activity: 1260
Merit: 1000
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January 14, 2015, 07:09:04 AM |
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Bitcoin might be the only asset in world history where at any given moment you feel like you should either sell everything or go all in simultaneously.
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DaRude
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Activity: 2833
Merit: 1851
In order to dump coins one must have coins
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January 14, 2015, 07:10:26 AM |
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Finex not budging MY MAN *SLOW CLAP* lets see that divergence
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An old pal
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January 14, 2015, 07:11:27 AM |
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High Volume Capitulation Blood on the street Market Highly Oversold. Doji candle indicating bottom
BUY NOW. Its not going lower than 201.
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Morecoin Freeman
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January 14, 2015, 07:11:55 AM |
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Bitcoin might be the only asset in world history where at any given moment you feel like you should either sell everything or go all in simultaneously.
Haha, true story!
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