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Question: Huge BTC april crash happening again?
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Author Topic: Huge BTC april crash happening again? 343$ -> 285$ panic sell on btce  (Read 697 times)
lbr (OP)
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November 10, 2013, 01:08:30 PM
 #1

https://btc-e.com/
https://vip.btcchina.com/
https://www.bitstamp.net/
https://www.mtgox.com/

BTC: 18ozhbkfHneX8tnPgHJuTizyBmspM5Vgpa  LTC: LgVc7KdedPGZyDXHXEH9G7z6AoTmTvDdWb
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Wipeout2097
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November 10, 2013, 01:40:36 PM
 #2

I hope it was mostly hoarders that freaked out. If so, nice that it happened. More coins in circulation, vibrant economy, + people have access, higher fees for miners and so on

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Lethn
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November 10, 2013, 01:41:46 PM
 #3

probably will happen, but then again because of the amount of volume coming in now, it might be we only get a dip, it depends on what everyone else will think when the price finally drops a bit.
Gator-hex
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November 10, 2013, 01:46:35 PM
 #4

It's a Sunday, liquidity is low, chill, and use the arbitrage to your advantage.

hamburgerhelper
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November 10, 2013, 02:32:37 PM
 #5

Something tells me that most n00bs are not set up for arbitrage. I would just take the dip as a buying opportunity, or if it lasts longer (or dips deeper) as a chance to make back the coins you spent on your fancy new ASIC. GPU folks would likely turn off their rigs at current diff with dropping prices.
The Dude
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November 10, 2013, 02:44:52 PM
 #6

I agree with hamburgerhelper and I think we all expect these bubbles to happen from time to time.
breadstick
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November 10, 2013, 03:08:51 PM
 #7

It may or may not be a bubble, noone knows. I expect it not to go below 200$ though. If you sell at the right time, you can buy back in at the bottom of the bubble and profit later.
rednazbtc
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November 10, 2013, 03:09:59 PM
 #8

It's a correction after a huge rise in price.

birkomester
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November 10, 2013, 03:38:27 PM
 #9

I hope not
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November 10, 2013, 03:41:43 PM
 #10

It's just a lot of people taking their profits and rebuying later when price settles again Smiley
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