repiv
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July 08, 2013, 11:39:52 PM |
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Mass psychology. That is the biggest factor playing out on the rise and fall of BTC.
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killcat
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July 08, 2013, 11:54:44 PM |
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lots of people panic sold.
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nobbynobbynoob
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July 09, 2013, 12:21:23 AM |
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Mass psychology. That is the biggest factor playing out on the rise and fall of BTC.
It's easy to underestimate the effects of this apparent irrationality in markets, I have to accept. |
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jasperIL2267
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July 09, 2013, 12:26:41 AM |
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Im not sure why the price dropped..
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villanfonsDC
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July 09, 2013, 01:09:18 AM |
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Any Idea?
Post your opinion.
Stupid Panic Sellers! |
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marjamrob
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July 09, 2013, 12:49:56 PM |
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Any Idea?
Post your opinion.
Stupid Panic Sellers! I think it's all the people with ASICs that want to sell their coins, because they are in debt. |
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bestmarketer004
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July 09, 2013, 03:00:38 PM |
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ASICs miners selling their coins everyday to make quick cash.
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whalezy
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July 09, 2013, 04:52:40 PM |
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I think it simply because it jumped too high.
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necron40k
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July 10, 2013, 05:30:50 PM |
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It dropped because the price was inflated to begin with. 4-5 months ago the price was in the $40s. It rose on asic/fpga over-speculation and now that they are actually hitting the network the price is coming back down to more appropriate levels.
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Manhus
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July 10, 2013, 10:03:45 PM |
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lots of people panic sold.
i agree |
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nOObStyleX
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July 11, 2013, 01:29:05 AM |
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I think because mtgox stopped withdrawal USD for 14 days, now its open and bitcoin going up.
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UNOCS
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July 11, 2013, 01:48:35 AM |
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I think because mtgox stopped withdrawal USD for 14 days, now its open and bitcoin going up.
The USD block killed the confidence temporarily. |
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LTClover
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July 11, 2013, 10:17:33 PM |
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ASICs miners did it.
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ProfitMaker24
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July 11, 2013, 10:19:07 PM |
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Nope dont know sorry
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HotCrypto
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July 11, 2013, 10:19:16 PM |
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I don't think it's dropped. It's ok for me. just kidding. Now buying
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bitcoin44me
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MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
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July 11, 2013, 10:20:03 PM |
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You should sell now and waiting for a correction
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BuySellCrypto
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July 11, 2013, 10:23:24 PM |
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I don't think it's dropped. It's ok for me. just kidding. Now buying
 Are you crazy? |
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LTClover
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July 11, 2013, 10:27:48 PM |
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ASICs miners did it.
I don't think only ASIC's miners did it. |
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TiagoTiago
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July 11, 2013, 10:56:28 PM |
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The price went down 'cause people tried to sell too much too soon/too fast or for too cheap.
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(I dont always get new reply notifications, pls send a pm when you think it has happened) Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX  The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar! |
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force66
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July 11, 2013, 11:05:08 PM |
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As bitcoin is something people invest in, recently it went back up because the DJI is at an all time high and everything follows that in at least some sense because it is used as a measurement of how well the world economy is doing. The other thing bringing it down, is that it was due for a 50% correction from the top since it bubbled and the trend after that has been for it to go down because there hasn't been enough volume for it to break past the resistance. I think it is trying to even itself out and find a stable price before investors get back in. Bitcoin has bubbled twice already and I think people might not wait too long to get back in before the next bubble.
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