mmitech
Legendary
 Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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April 10, 2014, 11:53:44 PM |
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Miners are screwed, it is like 450 wasnt enough unprofitable, now they have to deal with 350  |
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ampere9765
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April 10, 2014, 11:54:06 PM |
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Wow not sure if HODL or sell with a loss of 50% = $25.000 ??
Cant imagine we will ever see $500 at the moment.
Just not for a while |
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BitAddict
Legendary
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Activity: 1190
Merit: 1001
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April 10, 2014, 11:54:26 PM |
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I don't have idea when to start seriously buying.  That is the problem :/ |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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April 10, 2014, 11:54:43 PM |
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Wow not sure if HODL or sell with a loss of 50% = $30.000 ??
Cant imagine we will ever see $500 at the moment.
hold man  |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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April 10, 2014, 11:55:05 PM |
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I don't have idea when to start seriously buying. I don't have idea when to start seriously selling |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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April 10, 2014, 11:55:07 PM |
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This is not a chart reversal pattern, not yet anyway. The way $400 fell so easily makes me think that there is more blood to come. Why head fake @ $380 when you can do it at $350? or $250? 15 minute chart looks like a mini version of the $710 whale. $382 will be retested. It looks like a false bottom so far. The enemy of the manipulator is time.
I agree we should see some more dumping, to the mid 300's. Its very rare for a massive support to fail and not overshoot a good deal.. $383 is nothing. It took a full 2 weeks for 400 to fall, and the support zone is actually in 382-384 from the previous bottoms. More likely than not your dream will not come true, sorry. How about that? |
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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April 10, 2014, 11:55:17 PM |
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Miners are screwed, it is like 450 wasnt enough unprofitable, now they have to deal with 350 You got that right!! |
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ampere9765
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April 10, 2014, 11:55:21 PM |
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Miners are screwed, it is like 450 wasnt enough unprofitable, now they have to deal with 350 My main fear is that this draws out. If we see any decent sized time frame where larger miners are unprofitable on increasing scales, shit could hit the fan. hard. |
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UnDerDoG81
Legendary
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Activity: 2183
Merit: 1211
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April 10, 2014, 11:55:55 PM |
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Wow not sure if HODL or sell with a loss of 50% = $25.000 ??
Cant imagine we will ever see $500 at the moment.
Just not for a while Not sure anymore when people start talking about sub 100... I try to relax, delete my bitcoin favourites and apps and check Bitcoin in a half year |
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ParabellumLite
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April 10, 2014, 11:56:01 PM |
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Wow not sure if HODL or sell with a loss of 50% = $30.000 ??
Cant imagine we will ever see $500 at the moment.
hold man Like you are hodling? Tell me Podyx, I noticed that you are a permanent optimist when it comes down to Bitcoin. Be honest: where did you buy? I will not ridicule you or whatever, but I just want to know. |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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April 10, 2014, 11:56:08 PM |
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That was perfect Fib retracement on Bitstamp.  |
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dnaleor
Legendary
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Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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April 10, 2014, 11:56:30 PM |
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How come nobody is exited about cheap coins? I don't see ANY greed.
Because they aren't perceived as cheap anymore. Haven't been, for more than a week now (the range, I mean). But you knew that as well I'm sure. Interesting question is now: what /do/ I (personally) think of as "cheap coins". And I have a really hard time coming up with an answer... 300? Not sure. 266? Yeah, probably. 100? Sure. 100, definatly cheap 160-200 USD = very good deal 200-266 USD = nice deal 266+ USD = "nice bottom fishing dude", "you were lucky during that flash crash" I suspect that if this crash is a short term flash crash, we will not go below 266, if it is a slow and painfull crash, even 100 USD seems possible  |
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porcupine87
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April 10, 2014, 11:56:34 PM |
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Miners are screwed, it is like 450 wasnt enough unprofitable, now they have to deal with 350 ASICs are only good for mining and electricity costs are marginal. So they can only mine and hope for better times  |
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Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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April 10, 2014, 11:57:05 PM |
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Wow not sure if HODL or sell with a loss of 50% = $30.000 ??
Cant imagine we will ever see $500 at the moment.
hold, try and imagine how dead Bitcoin was as a new fad going from $35 - under $2, that was dead, this is a test for the new believers. |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 10, 2014, 11:57:13 PM |
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I don't have idea when to start seriously buying. I think time is the key factor, not price. Im going to buy in 12 hours time. when the chinese are done for the day. Im also waiting for that long squeeze on BFX. that would be an ideal time to buy. just an idea... Keep in mind that this drop did not come from China at all ... then they woke up and followed That's true, but it was triggered by Chinese news, along side Australian news. in 12 hours time, the move will be 24+ old. not likely.... |
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CoinHamster
Member
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Activity: 101
Merit: 10
฿ ฿ ฿ ฿ ฿
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April 10, 2014, 11:57:36 PM |
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I think we have tested the top long enough. So i'm turning very bearish again.. I could be wrong. I frequently am, but here is my possible worst case scenario for the next 2 days or so..  ...looks like your prediction was right. -> $300 here we come! |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 10, 2014, 11:57:38 PM |
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I don't have idea when to start seriously buying. I don't have idea when to start seriously selling that idea happened back in March at last  |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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April 10, 2014, 11:57:56 PM |
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Wow not sure if HODL or sell with a loss of 50% = $30.000 ??
Cant imagine we will ever see $500 at the moment.
hold, try and imagine how dead Bitcoin was as a new fad going from $35 - under $2, that was dead, this is a test for the new believers. Thing is that more people get to see it this time; not good |
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