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December 07, 2013, 09:59:14 AM |
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Why has BTC/USD halved in price over the past 24hrs? What news have I missed?
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ChartBuddy
Legendary
Online
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 07, 2013, 10:01:30 AM |
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Shak
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December 07, 2013, 10:02:18 AM |
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Why has BTC/USD halved in price over the past 24hrs? What news have I missed?
sma200 went down, bull market ended, bubble popped finally thx to luc for pointing it out
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 07, 2013, 10:02:23 AM |
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OH NOOOOOOooooooo I'm out of FIAT!!!! that's happens when you buy "cheap coins" at 1100 I hope you understand that most of the times I'm trolling around here
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MikeH
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December 07, 2013, 10:05:42 AM |
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bubble shmubble, it'll be back to $900+ in a day.
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 07, 2013, 10:06:38 AM |
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bubble shmubble, it'll be back to $900+ in a day.
+1 - it's bitcoin after all!!!
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Jamievs
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December 07, 2013, 10:09:26 AM |
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bubble shmubble, it'll be back to $900+ in a day.
+1 - it's bitcoin after all!!! My guess it might be after the weekend, but don't forget this might prevent new money flowing in because people could be scared.
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micalith
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December 07, 2013, 10:10:46 AM |
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bull trap closing
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Shak
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December 07, 2013, 10:10:52 AM |
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hm... a lot of people will reach for the falling knive as soon as there is new money available on monday. but will it be sufficiently enough to turn the tide?
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Salivan
Full Member
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Activity: 195
Merit: 102
DiMS dev team
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December 07, 2013, 10:11:19 AM |
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I hate myself because I removed all my low bids in order to buy "cheap coins at 950" life sucks .. but the most disturbing is that gox has my fiat transfers pending all I need is to cancel them.. I feel fucked even more by this
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bitleif
Sr. Member
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Activity: 351
Merit: 250
I'm always grumpy in the morning.
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December 07, 2013, 10:13:48 AM |
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People will buy back when the price returns to a steady rise over the course of a few days.
No, the monstrous bull trap following a crash usually comes violently and suddenly. Then it crashes AGAIN and then we get a steady market.
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bitcodo
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December 07, 2013, 10:15:39 AM |
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Nemo1024
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Activity: 1680
Merit: 1014
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December 07, 2013, 10:16:17 AM |
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I hate myself because I removed all my low bids in order to buy "cheap coins at 950" life sucks .. but the most disturbing is that gox has my fiat transfers pending all I need is to cancel them.. I feel fucked even more by this
Well, I am slightly disgruntled that being all fiat, I didn't place a 550 bid before I went to bed this night (I wanted to, but thought that the volatility was too high). And there you have it, could have added 40 BTC to my portfolio. Oh, well, better luck next time. It's better not to dwell on "what ifs" in Bitcoin, or you'll go insane. Just think about those $2 per BTC...
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DaSheep
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Activity: 112
Merit: 10
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December 07, 2013, 10:16:35 AM |
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can't wait for all the panic sellers trying to buy back in
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bitleif
Sr. Member
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Activity: 351
Merit: 250
I'm always grumpy in the morning.
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December 07, 2013, 10:18:05 AM |
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I hate myself because I removed all my low bids in order to buy "cheap coins at 950" life sucks .. but the most disturbing is that gox has my fiat transfers pending all I need is to cancel them.. I feel fucked even more by this
Well, I am slightly disgruntled that being all fiat, I didn't place a 550 bid before I went to bed this night (I wanted to, but thought that the volatility was too high). And there you have it, could have added 40 BTC to my portfolio. Oh, well, better luck next time. It's better not to dwell on "what ifs" in Bitcoin, or you'll go insane. Just think about those $2 per BTC... I had one at 500 and one very optimistic one at 400 . Buying back at ~650 isn't bad though.
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ajax3592
Full Member
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Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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December 07, 2013, 10:19:31 AM |
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Aaaand we are going down again. Knew it was a bull trap.
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Shak
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December 07, 2013, 10:20:19 AM |
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only 2500 coins left on gox ah, orders are finally coming back up looked ugly during this 700 btc drop, you could see all the way down the rabbit hole to 345
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bitleif
Sr. Member
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Activity: 351
Merit: 250
I'm always grumpy in the morning.
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December 07, 2013, 10:20:51 AM |
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Why has BTC/USD halved in price over the past 24hrs? What news have I missed?
That it was a bubble. They pop. No news is needed.
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Rampion
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Activity: 1148
Merit: 1018
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December 07, 2013, 10:21:17 AM |
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Well, if you're not interested in BTC and think it's failure I really don't see a point. I don't go on places I'm not interested in.
I never said I wasn't interested, it just seems that when someone comes up with a very valid argument that one of you bulls can not counter, they are either ignored or shunned. Bitcoin is very interesting from an Anthropological standpoint. I can guarantee you that for all of us who bought in at low double digits or single digits it's very interesting from many other standpoints. Sorry you missed the train and now you feel butthurt, bro.
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MikeH
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December 07, 2013, 10:24:49 AM |
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I hate myself because I removed all my low bids in order to buy "cheap coins at 950" life sucks .. but the most disturbing is that gox has my fiat transfers pending all I need is to cancel them.. I feel fucked even more by this
yeah I had buys at $610 but thought nah, it's bouncing back, bought in again at high $800s. my gut is so much better at this than my head, stupid head.
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