Coinseeker
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June 02, 2013, 02:57:51 PM |
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Much as I'd love to "pounce"...I wouldn't worry much. Looks like just an overreaction to the $1 million wall, that's been artificially propping things up. Would say we'll bottom out at most, in the 110 range before pulling back some.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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June 02, 2013, 02:58:22 PM |
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Heeeelp!11 Edit: Bitstamp $4 stronger now.
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niothor
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June 02, 2013, 02:59:33 PM |
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Much as I'd love to "pounce"...I wouldn't worry much. Looks like just an overreaction to the $1 million wall, that's been artificially propping things up. Would say we'll bottom out at most, in the 110 range before pulling back some.
Common , you're not funny. Start teasing teasing bulls!!!!!!!!!!!!!!!
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2013, 03:01:37 PM |
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dwdoc
Legendary
Offline
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
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June 02, 2013, 03:01:47 PM |
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Biggest move we seen in weeks.
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Coinseeker
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June 02, 2013, 03:02:32 PM |
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Much as I'd love to "pounce"...I wouldn't worry much. Looks like just an overreaction to the $1 million wall, that's been artificially propping things up. Would say we'll bottom out at most, in the 110 range before pulling back some.
Common , you're not funny. Start teasing teasing bulls!!!!!!!!!!!!!!! Ok...one...just for you.
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crumbcake
Newbie
Offline
Activity: 42
Merit: 0
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June 02, 2013, 03:06:28 PM |
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We have lost 2 weeks of upward trend, i think we are gona test $110 and enter in a few consolidation days, only speculating tought It's a little sad because i wish BTC will be worth $1000 by end of year, but well we are in bear territory until some great news arrive (paypal accepting btc maybe? ) Bear territory indeed... http://s20.postimg.org/6wgejao59/Untitled_1.jpg
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niothor
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June 02, 2013, 03:09:50 PM |
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We have lost 2 weeks of upward trend, i think we are gona test $110 and enter in a few consolidation days, only speculating tought It's a little sad because i wish BTC will be worth $1000 by end of year, but well we are in bear territory until some great news arrive (paypal accepting btc maybe? ) Bear territory indeed... Don't know why but gifs when there is a downtrend are far more funny that the cho cho ones !!!!
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darklight
Member
Offline
Activity: 88
Merit: 10
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June 02, 2013, 03:12:44 PM |
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People be cashing out
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niothor
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June 02, 2013, 03:15:39 PM |
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20% increase in hashrate , 10% decrease in price ... not a good weekend for miners
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crumbcake
Newbie
Offline
Activity: 42
Merit: 0
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June 02, 2013, 03:16:33 PM |
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LOL! Thanks for the laughts! glad to take the edge off
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ShroomsKit
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June 02, 2013, 03:17:23 PM |
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We have lost 2 weeks of upward trend, i think we are gona test $110 and enter in a few consolidation days, only speculating tought It's a little sad because i wish BTC will be worth $1000 by end of year, but well we are in bear territory until some great news arrive (paypal accepting btc maybe? ) It will only go up IF there will be extremely good news. If that doesn't happen this year then you better don't count on 1000 dollar coins.
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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June 02, 2013, 03:17:52 PM |
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ShroomsKit
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June 02, 2013, 03:19:11 PM |
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All this selling is just silly... Unless you buy back cheap but i have the feeling this are people who are cashing out long term.
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niothor
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June 02, 2013, 03:20:20 PM |
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All this selling is just silly... Unless you buy back cheap but i have the feeling this are people who are cashing out long term.
Or , somebody knows the headlines from tommorow ))))
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etaty
Newbie
Offline
Activity: 14
Merit: 0
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June 02, 2013, 03:23:46 PM |
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Hello 115
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lucas.sev
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June 02, 2013, 03:24:52 PM |
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Hello 115 I did expect people to start cancelling 115 orders, this big sell bounced off. For now.
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ShroomsKit
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June 02, 2013, 03:25:16 PM |
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Hello 115 Seeing Bitcoin go down makes you all happy?
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ShroomsKit
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June 02, 2013, 03:26:04 PM |
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Hello 115 I did expect people to start cancelling 115 orders, this big sell bounced off. For now. 2k coins...1 semi big dump. We can expect that.
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darklight
Member
Offline
Activity: 88
Merit: 10
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June 02, 2013, 03:26:12 PM |
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People at 115 might not even have noticed yet. They probably put their bids in ages ago on the off chance
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