Taras
Legendary
 Offline
Activity: 1386
Merit: 1053
Please do not PM me loan requests!
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April 03, 2014, 02:33:55 AM |
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How low can you go, bitcoin?
I'll go for some limbo if I can get some cheap coins..
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uhoh
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April 03, 2014, 02:33:58 AM |
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"To da moon" and drinking champagne - to drinking urine. -- Capitulation phase confirmed
(for the fourth time)
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 03, 2014, 02:35:21 AM |
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I think there are only two likely possibilities at this point: price is either going to go a lot lower or it's going to stay low for a long time. I am a permabull no longer. Long term bull, yes, but the time frame is months or years. This could very well be a 2011 scenario.
Sure, whales could turn it around, but retail speculators don't have enough cash left and volume is too low for a rational call of a trend reversal. The double whammy of Gox and China compounded each other. This would be a great time to buy if small investors understood the technology and acted rationally, but I see no evidence that this is the case.
There may be an infinite supply of fiat, but I don't have it. I doubt any of you do either. Price will have to retreat to a point where it becomes attractive to new investors ot stay where it's at long enough to build a new base.
here we go, despair  |
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chromosoma
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April 03, 2014, 02:35:31 AM |
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Are there any other usage for SHA256 asics?? Like heating up he aquarium, or keeping teapot warm?  ) |
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silverfuture
Legendary
Offline
Activity: 947
Merit: 1008
central banking = outdated protocol
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April 03, 2014, 02:35:44 AM |
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upswing to about 460 incoming over next couple of hours.
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KeyserSoze
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April 03, 2014, 02:36:47 AM |
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will smokers rally around 420?  |
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uhoh
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April 03, 2014, 02:37:08 AM |
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Would personally much rather see this go to $300 than swing up now....
It's shakeout time
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mah87
Donator
Hero Member
Offline
Activity: 756
Merit: 500
-Bitcoin & Ripple-
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April 03, 2014, 02:37:12 AM |
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upswing to about 460 incoming over next couple of hours.
I rather bet on a nice upswing to 350 |
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MinermanNC
Legendary
Offline
Activity: 2198
Merit: 1000
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April 03, 2014, 02:38:30 AM |
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All this fud everywhere,,,, lets keep things in perspective... its just China doing what its been saying its going to do ,,,maybe" lol this by far does not spell doom for BTC in any way. In the age of internet its already over due for a stable digital means of payment outside of central banking systems and bitcoin is the answer. The massive hashing keeps it secure and precise. There is no other more powerful encryption method out there in the world. BTC will live on and its true worth will be realized. I hope when I wake up in the morning its back towards the 500 mark! So get buying lol Goodnight  |
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JayJuanGee
Legendary
Offline
Activity: 3906
Merit: 11210
Self-Custody is a right. Say no to"Non-custodial"
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April 03, 2014, 02:38:35 AM |
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new lows. china appears to be decoupling. $32 spread now.
This whole matter of exchanges setting BTC prices seems to be rigged b/c buyers have a disincentive to keep money on the exchanges... (even more after the GOX fiasco) and manipulators can stack the deck to push down the prices on the exchanges (b/c there is hardly any money on exchanges) and then buy more BTC off of the exchanges after they have successfully pushed BTC price down on the exchanges. |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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April 03, 2014, 02:39:54 AM |
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What's the opposite of champagne?
Urine?  sub 420 stamp! |
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EuroTrash
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April 03, 2014, 02:42:43 AM |
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So, who's drinking? What's the opposite of champagne?
Too late, the bottle is gone, call up next time  |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 03, 2014, 02:44:35 AM |
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We haven't seen Loaded for a while.
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Tyson95
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April 03, 2014, 02:46:40 AM |
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We haven't seen Loaded for a while.
Pretty sure he and his clients got goxxed. |
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silverfuture
Legendary
Offline
Activity: 947
Merit: 1008
central banking = outdated protocol
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April 03, 2014, 02:47:03 AM |
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will smokers rally around 420? All time high! |
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KeyserSoze
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April 03, 2014, 02:48:17 AM |
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We haven't seen Loaded for a while.
Someone posted a picture of him a couple pages ago. I said he should make more effort to secure his paper wallets. He's homeless now. Very sad. |
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BBmodBB
Full Member
Offline
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
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April 03, 2014, 02:49:22 AM |
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So, who's drinking? What's the opposite of champagne?
ripple of course! >>  |
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JayJuanGee
Legendary
Offline
Activity: 3906
Merit: 11210
Self-Custody is a right. Say no to"Non-custodial"
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April 03, 2014, 02:50:28 AM |
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I think there are only two likely possibilities at this point: price is either going to go a lot lower or it's going to stay low for a long time. I am a permabull no longer. Long term bull, yes, but the time frame is months or years. This could very well be a 2011 scenario.
Sure, whales could turn it around, but retail speculators don't have enough cash left and volume is too low for a rational call of a trend reversal. The double whammy of Gox and China compounded each other. This would be a great time to buy if small investors understood the technology and acted rationally, but I see no evidence that this is the case.
There may be an infinite supply of fiat, but I don't have it. I doubt any of you do either. Price will have to retreat to a point where it becomes attractive to new investors ot stay where it's at long enough to build a new base.
That is a level of pessimism that I have NOT seen from you in recent posts... so BLOOD must really be in the streets.... BUY, BUY, BUY.. |
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barbs
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April 03, 2014, 02:52:10 AM |
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to HODL or not to HODL: THAT IS THE QUESTION
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uhoh
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April 03, 2014, 02:56:43 AM |
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to HODL or not to HODL: THAT IS THE QUESTION
HODL... and not just HODL... HODL in cold storage  |
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Poll
