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ShroomsKit
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October 05, 2014, 08:42:10 AM |
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I'd say 1 or 2 more dumps and we're below 300.
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inca
Legendary
 Offline
Activity: 1176
Merit: 1000
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October 05, 2014, 08:42:18 AM |
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That is disappointing. Looks like it is going to crash.
If we don't get a great reversal adoption is on hold for at least another year.
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Davyd05
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October 05, 2014, 08:42:24 AM |
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Also as a more bullish view taker, this is no regular crash this is what Tera spoke of and warned. I did not heed such truths. However it saddens me a market sentiment to be bearish could be so strong without a flaw in bitcoin itself, it would be required a stupid large portion of our user base to have been day traders.
That and these crackpot theories.
Front running of traders on the long squeeze
Chinese trader front running miners dumping anD a long squeeze
And what's to fear the short squeeze requires such a strong upswing it would be so obvious betcha seasoned bears didn't flinch on the Paypal news or those with more info the others.
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grappa_barricata
Full Member
Offline
Activity: 154
Merit: 100
playing pasta and eating mandolinos
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October 05, 2014, 08:43:07 AM |
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PANIC
buy high, sell low
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Thomas-s
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October 05, 2014, 08:43:27 AM |
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So far Tim Draper is down about $9,000,000 unless he has already sold.
LOL "Bitcoin is still headed to 10k $"  |
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sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
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October 05, 2014, 08:44:11 AM |
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today i tried an experiment i tried toconvince a unlikely convert into bitcoin while drinking.... well response was "all that shit is a scam" followed by "i know people let me know if you need something done" ... so onviously he didnt get it and he assumes stocks etc fiat conversion is a scam and cAsh is king thats y we crashing cause everyday joes never even heard of bitcoin i told him in 10 yrs u will ask me again.
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ShroomsKit
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October 05, 2014, 08:44:22 AM |
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That is disappointing. Looks like it is going to crash.
Finally waking up from your delusion? Yes, we're crashing. Welcome to the real world. |
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josegines
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October 05, 2014, 08:44:42 AM |
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So far Tim Draper is down about $9,000,000 unless he has already sold.
do not you know the markets of futures? it is possible that it is gaining 20 times this quantity if it has opened short positions |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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October 05, 2014, 08:45:24 AM |
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BTCChina broke its April 2013 ATH.
Do you even know what ATH IS?  |
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heri
Newbie
Offline
Activity: 20
Merit: 0
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October 05, 2014, 08:46:10 AM |
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So far Tim Draper is down about $9,000,000 unless he has already sold.
do not you know the markets of futures? it is possible that it is gaining 20 times this quantity if it has opened short positions He'll probably hold for 1+ year, imminent profits. |
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Hawkix
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October 05, 2014, 08:47:45 AM |
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I did a quick check on the situation we have here:
A month ago more than 13 million bitcoins were owned by some people.
Today, more than 13 million bitcoins is still owned by some people.
So, what's with all the fuzz here ;-) ?
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Dalmar
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October 05, 2014, 08:48:44 AM
Last edit: October 05, 2014, 09:03:26 AM by Dalmar |
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Do you even know what ATH IS? I clearly said it was the local ATH of BTCChina in April 2013. |
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Rat_Poison
Newbie
Offline
Activity: 14
Merit: 0
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October 05, 2014, 08:48:53 AM |
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That is disappointing. Looks like it is going to crash.
If we don't get a great reversal adoption is on hold for at least another year.
"looks like"  It has been crashing ALL YEAR. You're finally figuring this out? Remember, it's never too late to cut your loose. Better at $300 than $100. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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October 05, 2014, 08:49:21 AM |
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I'm pretty sure Tim Draper bought his coins way below the market, sold lot of them on exchanges and was one or THE bearwhale who was pushing it down in last few weeks.
That's exactly what I would do on his place after seeing the bear trend is continuing down and I bet he has much better financial advisers than I am.
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akujin
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October 05, 2014, 08:51:10 AM
Last edit: October 06, 2014, 05:05:53 AM by akujin |
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That is disappointing. Looks like it is going to crash.
If we don't get a great reversal adoption is on hold for at least another year.
Only people with coins can dump  Nope, i just took a dump  Ha. True. In other news we can expect the bears to start posting something, anything to encourage others to sell  He's down >30%  |
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TeeBone
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October 05, 2014, 08:52:18 AM |
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4 bitcoins for a grand ? Who would've thunk that in january.
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dakota neat
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October 05, 2014, 08:55:54 AM |
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Keep on selling into the flash crash to get the lowest possible price, sheeple. How ridiculous and what a sad picture is this community anyway.
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yefi
Legendary
Offline
Activity: 2842
Merit: 1511
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October 05, 2014, 08:56:15 AM |
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Woah, this is turning bloody  . 1911 on Houbi, the year of the Chinese revolution. A return to the Qing dynasty seems imminent. |
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Davyd05
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October 05, 2014, 08:56:38 AM |
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4 bitcoins for a grand ? Who would've thunk that in january.
Not sure if this crash is to shake weak hands or attract a new batch of weak hands to rape. But let's be real I'm a bull and you can tell demand is not meeting supply. Which for the most part is making shorters money as they gain more coins they're just playing the song wonder what happens when the music stops. |
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