BTC Low for Stamp in Jan. 2014

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Bitcoin Forum > Economy > Economics > Speculation > BTC Low for Stamp in Jan. 2014

Poll

Question:

What will bitcoin's lowest value be for January 2014 on BitStamp? (Voting closed: January 07, 2014, 06:56:10 AM)

<200	1 (2.6%)
200-350	1 (2.6%)
350-500	8 (21.1%)
500-600	6 (15.8%)
600-700	6 (15.8%)
>700	16 (42.1%)

Total Voters: 38

Pages: [1]

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Topic: BTC Low for Stamp in Jan. 2014 (Read 878 times)

Yololintian (OP)

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BTC Low for Stamp in Jan. 2014

January 04, 2014, 06:56:10 AM

Will the Chinese panic sometime this month since they can't withdrawal from their exchanges after the 31st? Does anyone think someone there is just waiting for the right price to dump their coins? Or has that info already had most of its impact on the price?

aneki

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Re: BTC Low for Stamp in Jan. 2014

January 04, 2014, 10:31:59 AM

All current information has already impacted the price. We're on an slow upwards climb atm. New info might alter this, but as it stands right now, we're not going downwards.

Dalmar

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Re: BTC Low for Stamp in Jan. 2014

January 04, 2014, 11:27:03 AM

low 600s if most weak hands were filtered out last time.

300s if we still have a lot of weak hands in the market. that volume on 18 dec was insane, if similar volume in a negative direction occurs surely the last low will break.

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hyphymikey

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Re: BTC Low for Stamp in Jan. 2014

January 04, 2014, 11:29:54 AM

If you think everyone has cashed out you are mistaken.

Dalmar

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⇾ Re: BTC Low for Stamp in Jan. 2014

January 04, 2014, 11:32:43 AM

Quote from: hyphymikey on January 04, 2014, 11:29:54 AM

If you think everyone has cashed out you are mistaken.

A lot of bag holders are waiting for the 1k mark in January. If this fails to materialize, they will panic sell when the China clamp down hits mainstream news again.

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Lewis2

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Re: BTC Low for Stamp in Jan. 2014

January 04, 2014, 11:36:34 AM

Why would it hit mainstream news again?

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Dalmar

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Re: BTC Low for Stamp in Jan. 2014

January 04, 2014, 11:39:53 AM

Quote from: Lewis2 on January 04, 2014, 11:36:34 AM

Why would it hit mainstream news again?

China is an important country and most publicly owned news organizations (like the BBC/PBS/CCTV etc) have an incentive to create FUD for an anti-gov currency.