S3052
Legendary
Offline
Activity: 2100
Merit: 1000
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August 06, 2011, 04:35:41 PM |
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I think these prices are a deal although I'm waiting to see how low it will go. These selloffs are probably from the hackers. Just had a 15 k go through not long ago. I'm liking it even though, the bitcoins I have are losing value.
The downturn was expected to happen, independently from hackers, etc.
The chart was very clear to change trend DOWN after the break of the major trendline, which was running between 12.2-12.5. More downside is likely now, perhaps in a "wash-out" type of crash.
The 8.7 low was expected to be only a minor temporary support.
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I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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August 06, 2011, 04:39:54 PM |
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I think these prices are a deal although I'm waiting to see how low it will go. These selloffs are probably from the hackers. Just had a 15 k go through not long ago. I'm liking it even though, the bitcoins I have are losing value.
The downturn was expected to happen, independently from hackers, etc.
The chart was very clear to change trend DOWN after the break of the major trendline, which was running between 12.2-12.5. More downside is likely now, perhaps in a "wash-out" type of crash.
The 8.7 low was expected to be only a minor temporary support.What's a wash-out type crash? Sounds scary.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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August 06, 2011, 07:17:26 PM |
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What's a wash-out type crash? Sounds scary.
It's where Bitcoin gets 'washed' and loses its gold color for a silver color
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FlipPro
Legendary
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Activity: 1764
Merit: 1015
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August 06, 2011, 07:18:14 PM |
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What's a wash-out type crash? Sounds scary.
It's where Bitcoin gets 'washed' and loses its gold color for a silver color Your responses always make me laugh .
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grod
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August 06, 2011, 07:22:33 PM |
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Washout? Money laundering? The drug lords are getting back in? BUY BUY BUY!
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S3052
Legendary
Offline
Activity: 2100
Merit: 1000
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August 06, 2011, 07:53:35 PM |
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I think these prices are a deal although I'm waiting to see how low it will go. These selloffs are probably from the hackers. Just had a 15 k go through not long ago. I'm liking it even though, the bitcoins I have are losing value.
The downturn was expected to happen, independently from hackers, etc.
The chart was very clear to change trend DOWN after the break of the major trendline, which was running between 12.2-12.5. More downside is likely now, perhaps in a "wash-out" type of crash.
The 8.7 low was expected to be only a minor temporary support.What's a wash-out type crash? Sounds scary. That means washing out weak traders hands. In more-easy-to-understand terms, this means: Bitcoin / USD can experience a wild spike down, and it is difficult to assess at what price level it turns. Could be 6$, 5$, 2$, 1$, or lower.
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David M
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August 06, 2011, 09:52:24 PM |
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$7.67 was my target with an outside bottom of $6.14
I am still trying to get funds into the exchange. Only had enough cash in the exchange to buy a few at 7.67
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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August 06, 2011, 09:53:52 PM |
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$7.67 was my target with an outside bottom of $6.14
I am still trying to get funds into the exchange. Only had enough cash in the exchange to buy a few at 7.67
Love being in Toronto! Transferred money into Virtex in under an hour, on a Saturday!
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David M
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August 06, 2011, 09:58:07 PM |
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Love being in Toronto! Transferred money into Virtex in under an hour, on a Saturday!
The price of living "Down Under".... We are bit slow down here... Must be because the money has to overcome the Coriolis effect.
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