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Frozenlock
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June 09, 2013, 05:54:31 AM |
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The 7k at $100 doesn't look so big now that >20k just got sold.
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Ares
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June 09, 2013, 05:55:16 AM |
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Seems to be a lot of patience on the buyers side. Put up a big wall and wait for a big seller to make an exit.
Almost... too patient *puts on tinfoil hat* |
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ShroomsKit
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June 09, 2013, 05:57:03 AM |
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Unless there are more Pre-Orders for new Mining hardware, such as 32nm ASIC, that accept only BTC in the near future, there will be little demand on bitcoin. The price will slide below $90 by end of next week as ASIC vendors dump their bitcoins to pay their supplier/foundry.
This person dumping every sunday can take it down all the way to 10 dollars if he continues. |
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fr33d0miz3r
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June 09, 2013, 05:58:40 AM |
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cheap coinz!!!!!!!!!!111one |
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Frozenlock
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June 09, 2013, 06:00:58 AM |
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... I'm waiting for at least a little bullish reaction.
Bulls? Where are you?
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ChartBuddy
Legendary
 Online
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 09, 2013, 06:01:01 AM |
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fr33d0miz3r
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June 09, 2013, 06:01:49 AM |
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... I'm waiting for at least a little bullish reaction.
Bulls? Where are you?
zzzzzzz |
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lucas.sev
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June 09, 2013, 06:01:57 AM |
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Wonder what is going to be reaction when east coast wakes up
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SGExodus
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June 09, 2013, 06:02:07 AM |
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Unless there are more Pre-Orders for new Mining hardware, such as 32nm ASIC, that accept only BTC in the near future, there will be little demand on bitcoin. The price will slide below $90 by end of next week as ASIC vendors dump their bitcoins to pay their supplier/foundry.
This person dumping every sunday can take it down all the way to 10 dollars if he continues. $10 is unlikely. Unless it's Winklevoss twins dumping their 100+k bitcoin in one weekend |
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ShroomsKit
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June 09, 2013, 06:02:51 AM |
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Unless there are more Pre-Orders for new Mining hardware, such as 32nm ASIC, that accept only BTC in the near future, there will be little demand on bitcoin. The price will slide below $90 by end of next week as ASIC vendors dump their bitcoins to pay their supplier/foundry.
This person dumping every sunday can take it down all the way to 10 dollars if he continues. $10 is unlikely. Unless it's Winklevoss twins dumping their 100+k bitcoin in one weekend Or Satoshi. |
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fr33d0miz3r
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June 09, 2013, 06:02:57 AM |
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$10 is unlikely. Unless it's Winklevoss twins dumping their 100+k bitcoin in one weekend
why not? |
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bzzard
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June 09, 2013, 06:06:51 AM |
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Frozenlock
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June 09, 2013, 06:14:23 AM |
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I believe they call this stage 'denial'
A friendly reminder from a 2011 survivor.  I'll say again: Weeeeee.... |
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lucas.sev
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June 09, 2013, 06:18:44 AM |
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I believe they call this stage 'denial'
A friendly reminder from a 2011 survivor. I'll say again: Weeeeee.... Haha I wonder if we are going to post "friendly reminder from a 2013 survivor" in few years  |
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dexX7
Legendary
 Offline
Activity: 1106
Merit: 1024
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June 09, 2013, 06:21:46 AM |
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... I'm waiting for at least a little bullish reaction.
Bulls? Where are you?
Let's phrase it that way: if you detach yourself from the situation for a moment and compare the current price of 102 to 136 from where it is falling, wouldn't you think, those coins are pretty cheap? |
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SGExodus
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June 09, 2013, 06:22:54 AM |
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Maybe a 2 years cycle.. next bubble in 2015, follow by 2017 after the mining reward halve  |
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BitPirate
Full Member
Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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June 09, 2013, 06:24:38 AM |
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Yes, they are pretty cheap.
A few of us warned people clamouring for "cheap coins" weeks ago that this would happen... people want cheap coins? Well there you go. You have them. Fat lot of good it will do you now.
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d5000
Legendary
Offline
Activity: 3892
Merit: 5995
Decentralization Maximalist
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June 09, 2013, 06:25:37 AM |
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My guess: We are going to 90 and then up again, but much slower. Will not reach 120 until ~ 1 month from now.
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