ALL COINS DOING BADLY TODAY WHY??

[kickingcoin]

    Bitcoin    
$ 9,100,121,702
   $ 750.06    12,132,525 BTC    -14.17 %    
2    Litecoin    
$ 639,693,338
   $ 26.64    24,010,592 LTC    -14.27 %    
3    Peercoin    
$ 77,374,683
   $ 3.70    20,924,542 PPC    -16.56 %    
4    Namecoin    
$ 36,118,000
   $ 4.82    7,500,542 NMC    -16.81 %    
5    Quark    
$ 29,577,944
   $ 0.12    246,416,945 QRK    -35.44 %    
6    ProtoShares    
$ 18,474,930
   $ 15.98    1,156,395 PTS    -13.98 %    
7    WorldCoin    
$ 14,827,594
   $ 0.42    35,612,581 WDC    -33.54 %    
8    Primecoin    
$ 11,348,072
   $ 3.15    3,602,274 XPM    -18.43 %    
9    Feathercoin    
$ 9,331,686
   $ 0.35    26,470,750 FTC    -20.60 %    

[Laska_Forum]

So many topics today about that.

[Jomppe]

Being buying WorldCoins the whole day.
I have quite a load but I ain't sell it before it goes to the moon.
Based on charts, if the same pattern continues, WDC will go always beyond the previous peaks. It will surprise the owner of WorldCoin pleasently. Pretty soon the coin is trading at 0,015-0,020 area so now excellent time to get around 150 % gains in appreciation. 

[biochemist]

Being buying WorldCoins the whole day.
I have quite a load but I ain't sell it before it goes to the moon.
Based on charts, if the same pattern continues, WDC will go always beyond the previous peaks. It will surprise the owner of WorldCoin pleasently. Pretty soon the coin is trading at 0,015-0,020 area so now excellent time to get around 150 % gains in appreciation. 

I've also been mining WDC for the past week straight. I think we can get to $1USD at least. I'll probably sell most of them if we get there.

[Jomppe]

Being buying WorldCoins the whole day.
I have quite a load but I ain't sell it before it goes to the moon.
Based on charts, if the same pattern continues, WDC will go always beyond the previous peaks. It will surprise the owner of WorldCoin pleasently. Pretty soon the coin is trading at 0,015-0,020 area so now excellent time to get around 150 % gains in appreciation. 

I've also been mining WDC for the past week straight. I think we can get to $1USD at least. I'll probably sell most of them if we get there.

Yup, all it takes is that BTC restarts its climbing-process towards 1000 dollars, you will be easily get 1 dollar per each, I think even more because as people restart hoarding BitCoins, a vast sum of BitCoins goes to the altcoins which will drive the rate up.
Let's say, if BTC goes up 50 % the altcoins rise 75 %. Now with me there is accumulating phase. I do not bother selling any WDC at these prices. I wonder if some people have severe cash drisis as they are selling WDCs like no end.
Now it is excellent time to buy and not to follow the crowd. It is terrifying though - always nicer to buy as the price goes up (I will personally buy even then but not so aggressively).
If one can afford to buy WDC worth of 100 BTC and "forget" them, in one year it will surely be worth of fortune (50-100 million USD).

[Number6]

Probably has a bit to do with this:

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

[YoyodyneSystems]

The reason is more than obvious. I sold a bunch of stuff also.

Christmas presents. There are tens of thousands of people selling coins to get their money out to buy gifts and for the holidays.

If I shed 10-15% so did everyone else on average I am sure. It's the holidays.

[YoyodyneSystems]

Probably has a bit to do with this:

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

AND this ^^

Will be a slow few days. Nice time to buy though.. wow.

[kelsey]

A massive amount of fake stories being spread about chinese bank bans on transfers to exchanges and similar bs, obviously spread to manipulate the market.

(note have no interest in btc either way just hate bs being spread).

[Number6]

Fake or not, it is still news and people trade on it. Time will tell. Good time to load up on cheap coin though.

[Byte_Me]

Probably has a bit to do with this:

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

And it's probably a fake rumour!

[jgorham]

Also keep in mind that all of the alt coins (save Litecoin) are pretty much pegged to the value of bitcoin. So if bitcoin goes down by 15% all other coins will go down 15% as well. In fact, alt-coins are doing worse because cashing out is a two step process. For someone looking to sell they first sell alt coins to bitcoin (driving down the btc/alt price) then sell btc for fiat.

They are correlated assets.

[Jomppe]

I looooove it, cheap coins and a nice grin all day long

Me too!!! WorldCoins are cheap, still in the buying mood. 

[infinitybo]

Kickingcoin it's called a panic sell a little more long than usually but who cares.

[kickingcoin]

We'll if it is panicked buy and you believe in the big spike low dip theory then it could be verrrrry soon that we see a turn upwards and could be a huge spike this time. What do yas think??
Or who is more of the belief of the 8 month steady acceptable range then a big movement (usually preceded or followed by big world announcements/goings ons theory...??

[kickingcoin]

Bter

[BitcoinTate]

Bter is down, Vircux is giving me error messages so I cant make any trades to buy these cheap coins

[Ruzka]

Eh, it'll all come back up in the coming days.

[MsCollec]

I'm still buying WorldCoin.. PM ME

[qiwoman]

I believe the problems in China plus the Festive Season and Holidays has to do with the sharp decline in prices. Also as we know in all financial markets the panic selling triggers off even more panic sales so for those who are lucky enough to have spare cash, now is the time to buy a lot of extra coin. I wish I had spare money now.