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Elwar (OP)
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December 07, 2013, 08:01:26 AM
 #1

Most people selling now are not selling to buy fiat.

They are selling so that they can buy bitcoins cheaper.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
wobber
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December 07, 2013, 09:33:38 AM
 #2

Going to revisit 600s soon. If we go lower, we will also retest 551. If it fails, more downside.

Fear!

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GigaCoin
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December 07, 2013, 09:38:37 AM
 #3

Most people selling now are not selling to buy fiat.

They are selling so that they can buy bitcoins cheaper.


i agree with this, the market sentiment has definitely changed and people are thinking more in terms of XBT rather than USD. Alot of sellers or new money are simply holding onto their cash to get in lower

Xialla
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December 07, 2013, 09:39:27 AM
 #4

Most people selling now are not selling to buy fiat.

They are selling so that they can buy bitcoins cheaper.


yes, indeed. reason is simple - fiat is still on the exchanges, so is easily possible, that we have 1k$/BTC back until end of Sunday.

and as always, this is just short term dump, in long term bitcoin will be in thousand of dollars or at zero.)
superresistant
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December 07, 2013, 09:44:28 AM
 #5

FIAT sent on exchange. Ready to buy.
MicroFi
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December 07, 2013, 09:49:57 AM
 #6

Kicking myself here for not having sold around $900.
Still holding and now it's too late ...

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Xialla
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December 07, 2013, 09:51:32 AM
 #7

Kicking myself here for not having sold around $900.
Still holding and now it's too late ...

lol? it is not working like this, kid.
Hfertig
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December 07, 2013, 09:53:10 AM
 #8

Most people selling now are not selling to buy fiat.

They are selling so that they can buy bitcoins cheaper.


yes, indeed. reason is simple - fiat is still on the exchanges, so is easily possible, that we have 1k$/BTC back until end of Sunday.

and as always, this is just short term dump, in long term bitcoin will be in thousand of dollars or at zero.)

no. this is no weekend dip. This is the crash to a reasonable pricelevel...
MicroFi
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December 07, 2013, 09:55:27 AM
 #9

Kicking myself here for not having sold around $900.
Still holding and now it's too late ...

lol? it is not working like this, kid.

Well I'm pretty sure we're nearing the bottom now.
I'm only interested in holding or gaining BTC. Not into converting all to fiat anytime soon.

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MoreFun
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December 07, 2013, 10:00:04 AM
 #10

Most people selling now are not selling to buy fiat.

They are selling so that they can buy bitcoins cheaper.


yes, indeed. reason is simple - fiat is still on the exchanges, so is easily possible, that we have 1k$/BTC back until end of Sunday.

and as always, this is just short term dump, in long term bitcoin will be in thousand of dollars or at zero.)

no. this is no weekend dip. This is the crash to a reasonable pricelevel...

Nope this is yet another attempt at panic inducing manipulation by the ESF and other banksters.

True. They need low entry point.
Hfertig
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December 07, 2013, 10:05:59 AM
 #11

Most people selling now are not selling to buy fiat.

They are selling so that they can buy bitcoins cheaper.


yes, indeed. reason is simple - fiat is still on the exchanges, so is easily possible, that we have 1k$/BTC back until end of Sunday.

and as always, this is just short term dump, in long term bitcoin will be in thousand of dollars or at zero.)

no. this is no weekend dip. This is the crash to a reasonable pricelevel...

Nope this is yet another attempt at panic inducing manipulation by the ESF and other banksters.

yeah right, and the run from 110 to 1245 was a natural rise on increased adoption and for sure not manipulated.
Hfertig
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December 07, 2013, 10:18:29 AM
 #12

Oh finally something we do agree on. There will be another exponential rise. Now we need to agree on a level.
I think the next rise will start from USD 115-150 area... what´s your view ?

EDIT: I am currently out of job. Living off my bitcoin profits....
bitleif
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December 07, 2013, 10:23:58 AM
 #13

Most people selling now are not selling to buy fiat.

They are selling so that they can buy bitcoins cheaper.


The same exact thing was said after the April crash. Didn't mean we instantly jumped back to the ATH after the crash.
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