macsga
Legendary
 Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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October 05, 2014, 01:57:34 PM |
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so does anybody know what may be causing this price decline?
Yes. Dumpers DUMBS and traders TRAITORS. FTFY  |
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touhonoob
Newbie
Offline
Activity: 42
Merit: 0
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October 05, 2014, 01:59:04 PM |
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I am all in
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kehtolo
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October 05, 2014, 02:00:39 PM |
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 Cheap coins! ^^^This |
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phosphorush
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October 05, 2014, 02:00:48 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. that's in coindesk news, doesn't tell me much lol |
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 05, 2014, 02:01:10 PM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 05, 2014, 02:01:17 PM |
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i'm providing support.
50$ at a time slow and steady support!
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ShroomsKit
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October 05, 2014, 02:01:25 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. that's in coindesk news, doesn't tell me much lol Que? |
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spiderbrain
Legendary
Offline
Activity: 889
Merit: 1013
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October 05, 2014, 02:01:36 PM |
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I am all in
you are the honey badger of wall observer thread posters. |
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kenji
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October 05, 2014, 02:01:46 PM |
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now it is a very good price to buy!!!
I AM ALL IN
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itod
Legendary
Offline
Activity: 1988
Merit: 1077
Honey badger just does not care
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October 05, 2014, 02:02:20 PM |
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so does anybody know what may be causing this price decline?
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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October 05, 2014, 02:04:29 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. that's in coindesk news, doesn't tell me much lol Massive Chinese farms will continue to dump coins down to 200? 100? 50? and Coindesk will be talking about smart contracts and Doge in space... It's a propaganda rag mostly |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 05, 2014, 02:05:31 PM |
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300 is going to break fast and furious today isnt.
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ShroomsKit
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October 05, 2014, 02:06:21 PM |
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now it is a very good price to buy price!!!
I AM ALL IN
I've been told exactly that pretty much daily for the last 10 months. Also please don't get upset if a trader will dump right in your face after you bought your cheap coins. That's their nature. |
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Newbie1022
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October 05, 2014, 02:06:28 PM |
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now it is a very good price to buy price!!!
I AM ALL IN
A pretty good idea, but beware of leverage or full leverage at this point. It seems like the market has not quite accepted this as a bottom yet (we would have gotten a more fierce pull-up). Thus, at minimum, expect a retest if not a break of our recent lows. If we do break our recent lows, I still don't see us passing $250. But, if you lever up all the way then $250 can get you pretty close to breaking point. So, have fun... yes, it isn't like we'll never see the lower $300s again even if we break lower... so have a blast. Just, with a tad more caution until the waves settle (obviously, do whatever the hell you want to do because it is your life and your money... just a suggestion). |
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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October 05, 2014, 02:06:44 PM |
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Does someone has a spare 14 420 000 USD to push bitstamp back to ATH? don't be shy, just panic BUY now   |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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October 05, 2014, 02:07:02 PM |
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There's a nice little explanation. When you can't solve a problem or puzzle usually there's a piece missing. I'd propose to Adam a new poll just for the heck of it. "Is Bitcoin done?"
Just wait and see. After the storm, everything looks much brighter.
PS: Yes I'm more bullish than ever today.
PS2:Yes, I know I'm a dumb ass and there's no way to have a brains transplant to fix this, thank you
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InvestorPerson
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October 05, 2014, 02:08:59 PM |
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now it is a very good price to buy price!!!
I AM ALL IN
I've been told exactly that pretty much daily for the last 10 months. Also please don't get upset if a trader will dump right in your face after you bought your cheap coins. That's their nature. can't blame them for snacking every profit possible in this situation |
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ShroomsKit
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October 05, 2014, 02:10:09 PM |
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now it is a very good price to buy price!!!
I AM ALL IN
I've been told exactly that pretty much daily for the last 10 months. Also please don't get upset if a trader will dump right in your face after you bought your cheap coins. That's their nature. can't blame them for snacking every profit possible in this situation I can blame them for Bitcoin going to shit. |
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Newbie1022
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October 05, 2014, 02:11:00 PM |
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One argument, and it is counter to my trading position, that we've already seen the bottom... the 55.9% rule. The 55.9% rule of crashes and market reversals places us at $299. Then, thereafter, there is usually a return to mean. The worst may have been weathered. Be careful, though, folks.
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Poll
