70 Will hold

[vokain]

but how many will sell after the bears run out of ammo! this is like bear city sieged in by the bulls. we have all the time in the world.

[derpinheimer]

but how many will sell after the bears run out of ammo! this is like bear city sieged in by the bulls. we have all the time in the world.

Fiat can enter and leave the orderbook.

Coins never leave in a speculative market.

[cbeast]

The pattern for awhile is that during American daytime hours there is fiat profit-taking and during the Eurasian daytime hours there are long-term buyers and holders that raise the price. The cycle will continue until the Eurasian markets hold most of the bitcoins and demand much higher prices. Western short-term vs Eastern long-term mentalities will create the next bubble.

[mah87]

The pattern for awhile is that during American daytime hours there is fiat profit-taking and during the Eurasian daytime hours there are long-term buyers and holders that raise the price. The cycle will continue until the Eurasian markets hold most of the bitcoins and demand much higher prices. Western short-term vs Eastern long-term mentalities will create the next bubble.

"Western short-term vs Eastern long-term mentalities" where did you pick that seriously ... money is money. Whatever it's east or west ..

[SOSLOVE868]

Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....

[fleabag]

Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....

what is going to make it rise? you are going to need millions upon millions of fiat to be pumped in and no one able to sell, for it to go that high. dream on.

[derpinheimer]

Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....

what is going to make it rise? you are going to need millions upon millions of fiat to be pumped in and no one able to sell, for it to go that high. dream on.

Yep, if it were so true then no one in their right mind would risk selling high to buy low.. when rest assured, your $70 coins will appreciate 300% in 12 months.

But alas, there are poor souls who bought above 100 in the past few weeks, and these are their cries for reassurance.

[SOSLOVE868]

Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....

what is going to make it rise? you are going to need millions upon millions of fiat to be pumped in and no one able to sell, for it to go that high. dream on.

Yep, if it were so true then no one in their right mind would risk selling high to buy low.. when rest assured, your $70 coins will appreciate 300% in 12 months.

But alas, there are poor souls who bought above 100 in the past few weeks, and these are their cries for reassurance.

Number of people bought coins above 100, I think this game is like this ,some people buying high ,they will hold on...Some pioneers does not care ,they can selling any time with profit thus they contributing to the volatility.....Speculators is great ,they creating volatility thus stop new investors to jump in...

Finally ,BTC is become a speculator instrument rather than investment , it become meaningless to other purpose... honor must be given to those speculators ,great job.

If you are rational investors and willing to see the bright future of BTC ,become a bitcoiner rather than speculator.

[cbeast]

The pattern for awhile is that during American daytime hours there is fiat profit-taking and during the Eurasian daytime hours there are long-term buyers and holders that raise the price. The cycle will continue until the Eurasian markets hold most of the bitcoins and demand much higher prices. Western short-term vs Eastern long-term mentalities will create the next bubble.

"Western short-term vs Eastern long-term mentalities" where did you pick that seriously ... money is money. Whatever it's east or west ..

For example: In the East Au is gold. In the West GLD is gold.

[SOSLOVE868]

For example: In the East Au is gold. In the West GLD is gold.

my dictionary indicated that GLD  mean generalized lymphoproliferative disease.
I think its time for me to get another dictionary....

[fleabag]

At least for now... That's my prediction gents.

Don't think we'll even touch it, but please sell down to 71, as I've got a buy order set

dont quit your day job.

[fleabag]

massive selling now. down to 68 and change. next stop 60.

[Kiaya]

$70 just fell.

[Jaroslaw]

So wheres your 70$ hold ? buhahaha

[byronbb]

For example: In the East Au is gold. In the West GLD is gold.

my dictionary indicated that GLD  mean generalized lymphoproliferative disease.
I think its time for me to get another dictionary....

He means asians buy hard metal and westerners paper etf gold.

[Come-from-Beyond]

68.45

[fleabag]

I love it. big limit orders getting filled on the way down. lol

[fleabag]

67.9

[Jaroslaw]

67.7

[cbeast]

get ready for bounce