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Author Topic: What's happening in bitcoin today?  (Read 3581 times)
smoothrunnings (OP)
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December 16, 2013, 07:31:59 PM
 #1

The price is starting to fall like a stone, usually this happens when something bad happens in the media.

Anything?

mufa23
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December 16, 2013, 07:33:22 PM
 #2

BTCchina added fees to trading. That seems to be the only thing so far... Unless there is something else I missed.

Kind of a stupid reason. Buy cheap coins, and ride it back up  Cool

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Borbolon
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December 16, 2013, 07:36:02 PM
 #3

Is not just today, it has been falling for a few days now..
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December 16, 2013, 07:42:18 PM
 #4

This:

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

I guess rumor is enough....
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December 16, 2013, 07:49:13 PM
 #5

Going to be a hectic day if I keep looking at the ticker Tongue. I bought in at 1073, hit around  1140 then pop. I am not one to panic sell, but I can't afford to keep losing. Anyone think it will get back to up at least 8-900 this week?
drewster
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December 16, 2013, 07:49:22 PM
 #6



I think that's "actual".

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December 16, 2013, 07:51:42 PM
 #7


Fourth Paragraph...

"At the moment, these claims are still rumours, as neither the PBOC nor any payment company has issued a statement to confirm what was discussed and what the outcome was."
Ecurb123
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December 16, 2013, 07:52:31 PM
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I guess because I don't have a lot of bitcoin, I don't really care about the price much, I would just be happy is if stays somewhat stable so I can use it without fear it's going to go up too much tomorrow.
adam9317
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December 16, 2013, 07:59:47 PM
 #9

Going to be a hectic day if I keep looking at the ticker Tongue. I bought in at 1073, hit around  1140 then pop. I am not one to panic sell, but I can't afford to keep losing. Anyone think it will get back to up at least 8-900 this week?

I'm hoping it to be around 1000 by the end of 2014, but I might just be too hopeful!

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December 16, 2013, 08:01:10 PM
 #10

I guess because I don't have a lot of bitcoin, I don't really care about the price much, I would just be happy is if stays somewhat stable so I can use it without fear it's going to go up too much tomorrow.

300$ will be much more likely then 1000$ this year. Just be prepared to wait a few months to reach your buy-in price again.

< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
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December 16, 2013, 08:03:11 PM
 #11

BTCchina added fees to trading. That seems to be the only thing so far... Unless there is something else I missed.

Kind of a stupid reason. Buy cheap coins, and ride it back up  Cool

"Unless there is something else I missed"

Understatement of the year.

more or less retired.
jamesc760
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December 16, 2013, 08:05:27 PM
 #12

I guess because I don't have a lot of bitcoin, I don't really care about the price much, I would just be happy is if stays somewhat stable so I can use it without fear it's going to go up too much tomorrow.

300$ will be much more likely then 1000$ this year. Just be prepared to wait a few months to reach your buy-in price again.

No, that's not going to happen;I am sorry if you are waiting for $300/bitcoin. $500-$600 will be bottom. Wait until Jan/Feb 2014, and you will see the price rocket up again. BTC is a roller coaster ride.
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December 16, 2013, 08:05:48 PM
 #13

Weak hands (weak minds?) who don't understand bitcoin are acting like sheep. That's what's happening today.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
MAbtc
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December 16, 2013, 08:07:14 PM
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Downtrend confirmed. Bear market confirmed. Now all the good news turns bad, right on schedule.
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December 16, 2013, 08:07:29 PM
 #15

Has China killed Bitcoin?

piramida
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December 16, 2013, 08:10:47 PM
 #16

Has China killed Bitcoin?

Heh Smiley Does closing your eyes on a sunny day kill the sun?

i am satoshi
furezasan
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December 16, 2013, 08:12:07 PM
 #17

Has China killed Bitcoin?

Heh Smiley Does closing your eyes on a sunny day kill the sun?

I guess not... but what will be the other blow?

pbody
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December 16, 2013, 08:19:01 PM
 #18

Has China killed Bitcoin?

even if China were the only country on earth, it would not have killed bitcoin. its more like a pinch.

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December 16, 2013, 08:37:51 PM
 #19

Going to be a hectic day if I keep looking at the ticker Tongue. I bought in at 1073, hit around  1140 then pop. I am not one to panic sell, but I can't afford to keep losing. Anyone think it will get back to up at least 8-900 this week?

It will surely go up again, eventually... I'm definitely going to hang onto mine!
pbody
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December 16, 2013, 08:44:12 PM
 #20

I'm predicting it will drop to 3-400 then shoot up to 6-700 then fall to 4-500 by the end of the year. Im completely pulling this prediction out of my ass. My ass has been right before though mind you.

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