20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

neutrinox (OP)

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20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 07:27:53 PM

#1

As expected many newspapers waited for the correction to shout "crash" instead of writing about the huge upswing we experienced:

http://www.businessinsider.com/bitcoin-crashes-nearly-25-2013-11

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 07:29:39 PM

#2

No news is bad news for bitcoin. People see crash down to $300 and realize last time they saw it was crash down to $100.

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PumpkinCoin

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 07:33:24 PM

#3

It "crashed" down to what it was two days ago.... BTC is done, over, kaput.... my BTC "evaporated" upwards like $10k in the last few weeks.

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 07:38:04 PM

#4

Yeah that crash was terrible ! OMG ! Bitcoin is definately doomed !

I suggest everybody sell their Bitcoins to me immediately for $50 each. I will fix your Bitcoin problems !

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Missionary

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 07:38:16 PM

#5

Not even going to waste my time with a headline like this. Thx for posting.

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 07:41:27 PM

#6

Quote from: Missionary on November 10, 2013, 07:38:16 PM

Not even going to waste my time with a headline like this. Thx for posting.

lol this even not an "article". It is just a chart with no explanation. This guy is probably the laziest journalist around Cheesy

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 07:46:59 PM

#7

For a reason they're called Business Insider and not Bitcoin Insider.

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 08:13:35 PM

#8

Quote from: PumpkinCoin on November 10, 2013, 07:33:24 PM

It "crashed" down to what it was two days ago.... BTC is done, over, kaput.... my BTC "evaporated" upwards like $10k in the last few weeks.

I wish every month we'd have crashes where the ending balance is 100% higher than where it started.

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 09:19:37 PM

#9

It is funny that the chart in the article does not even show a crash. The article says "crashed to $300", but the chart shows a rise to $300.

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Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25%

November 10, 2013, 09:37:25 PM

#10

Quote from: User705 on November 10, 2013, 07:29:39 PM

No news is bad news for bitcoin. People see crash down to $300 and realize last time they saw it was crash down to $100.

This exactly! I tell people how great bitcoins is. I explain the fundaments. They are intrigued, but don't want to invest. They usually know the price.

Bitcoin "crashes" to a value above what they remember. They have the motivation they needed to think about the fundamentals, what bitcoin is, what it could be