MrPiggles
Sr. Member
 Offline
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
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October 05, 2014, 01:22:24 PM |
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is there blood in the streets yet? when do I buy?
it doesn't smell like desperation yet
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AirFlame
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October 05, 2014, 01:23:34 PM |
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Sell time was at $400 not now.  Now i hope again we go up ! |
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heartastack
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October 05, 2014, 01:25:16 PM |
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You would have to be brave to ride all the way down to here from 600 and then just sell.
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blatchcorn
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October 05, 2014, 01:25:40 PM |
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is there blood in the streets yet? when do I buy?
it doesn't smell like desperation yet
I think that is mainly because the decline has been so gradual. Lots of 10% price drops hurt less than one 60% sell-off imo. |
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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October 05, 2014, 01:26:47 PM |
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You would have to be brave stupid not to ride all the way down to here from 600 and not just sell again.
FTFY. |
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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October 05, 2014, 01:27:04 PM |
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For the marketcap to drop, people need to sell at lower prices. Which means they have a bag of fiat they can either save, spend or invest. So these people are not all-in, and have room to re-enter the BTC market once it takes off fast enough.
Miners selling to cover costs, for example, would not be left with a bag of fiat. They may instead be left with debt. |
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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October 05, 2014, 01:31:55 PM |
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You would have to be brave stupid not to ride all the way down to here from 600 and not just sell again.
FTFY. ^this |
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heartastack
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October 05, 2014, 01:35:54 PM |
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You would have to be brave stupid not to ride all the way down to here from 600 and not just sell again.
FTFY. ^this Thanks, now I look like an illiterate imbecile thanks to your editing skills. |
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spiderbrain
Legendary
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Activity: 889
Merit: 1013
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October 05, 2014, 01:36:41 PM |
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You would have to be brave stupid not to ride all the way down to here from 600 and not just sell again.
FTFY. =D I am actually punishing my idiot self in the past for not selling at $600 by not allowing myself to sell now, if that makes any sense? |
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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October 05, 2014, 01:38:18 PM |
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I have added more to my ignore list today than in all prior history. They are probably only one person anyway.
Lol me too! |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 05, 2014, 01:42:48 PM |
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You would have to be brave stupid not to ride all the way down to here from 600 and not just sell again.
FTFY. =D I am actually punishing my idiot self in the past for not selling at $600 by not allowing myself to sell now, if that makes any sense? oh boy... |
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Ense04
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October 05, 2014, 01:47:47 PM |
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so that is what is going on all the whales are using this to push it down and back up? (man it better be market manipulation..if it is just free falling as a floorless market for whatever reason that would be worse imho) It would definitely be worse, but I don't think that is the case. These prices will attract new investment. No worries here. |
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bitwhizz
Legendary
Offline
Activity: 910
Merit: 1000
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October 05, 2014, 01:49:04 PM |
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Lets set the record straight to all the fudsters
TA indications point to it being oversold - mega high volume, low RSI coupled in a steep dip in value, triple bottom now? large support at 300 and the infamous weekend dip/fud/panic dispair - i am expecting/hoping a rebound tomorrow
Bitcoin has too much invested in it to go to zero, so stop the fud
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 05, 2014, 01:49:11 PM |
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is there blood in the streets yet? when do I buy?
it doesn't smell like desperation yet
nah let 300 be tested and break. we all know this puppy is going into the 100s even if briefly i'll buy back in when i see a clear reversal on the 6 hour... |
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AirFlame
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October 05, 2014, 01:49:35 PM |
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so that is what is going on all the whales are using this to push it down and back up? (man it better be market manipulation..if it is just free falling as a floorless market for whatever reason that would be worse imho) It would definitely be worse, but I don't think that is the case. These prices will attract new investment. No worries here. Can't wait to buy again ! |
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fonsie
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October 05, 2014, 01:50:34 PM |
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Just bought another 2.5 BTC, but it wasn't easy, when you got fiat on the exchange it's easy, but instant buys for a couple of thousand dollars is near impossible, we've gone backwards on that part.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 05, 2014, 01:52:52 PM |
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 Cheap coins!
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phosphorush
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October 05, 2014, 01:55:31 PM |
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so does anybody know what may be causing this price decline?
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 05, 2014, 01:56:00 PM |
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Lets set the record straight to all the fudsters
TA indications point to it being oversold - mega high volume, low RSI coupled in a steep dip in value, triple bottom now? large support at 300 and the infamous weekend dip/fud/panic dispair - i am expecting/hoping a rebound tomorrow
Bitcoin has too much invested in it to go to zero, so stop the fud
stuff like this is what keep some people holding when they should have sold at > 600 when we already were 50% down from the top... the current price is deflating from the massive speculation from the last 2 bubbles. be realistic. |
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ShroomsKit
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October 05, 2014, 01:56:24 PM |
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so does anybody know what may be causing this price decline?
Yes. Dumpers and traders. The charts right now will be a good example. We finally go up a few dollars and it will be a matter of minutes before traders will start dumping and we go down again. |
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