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Author Topic: Bitcoin - Continues to move sideways  (Read 990 times)
Lusitanian Trader (OP)
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January 16, 2014, 11:28:39 PM
 #1


BTC/USD - | Bitcoin - Dollar |



Continues to move sideways




Blog - Bull And Bear Markets





proudhon
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January 16, 2014, 11:37:18 PM
 #2

The market is beginning its collapse.

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.
gentlemand
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January 16, 2014, 11:38:53 PM
 #3

The market is beginning its collapse.

Gosh.
proudhon
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January 16, 2014, 11:45:26 PM
 #4

The market is beginning its collapse.

Gosh.

Well, right, continuing, I guess is more accurate.  The burden of all the confirmed bad news is getting too great.

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.
kireinaha
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January 17, 2014, 12:09:56 AM
 #5

Someone, or some people, the man, or the powers that be in bitcoin, have been artificially propping this price up since mid-December. Now, people are losing interest and it can't be sustained much longer. Expect prices sub $10 by Monday.

Or at least sub $800.

Night gathers, and now my bitcoinwisdom watch begins.
Wilhelm
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January 17, 2014, 12:13:16 AM
 #6

The market is beginning its collapse.

Ever considered the third possibility ... the market is stabilizing.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
N12
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January 17, 2014, 12:14:38 AM
 #7

The market is beginning its collapse.

Ever considered the third possibility ... the market is stabilizing.
Agreed. Bitcoin is stable now. There is so much commerce and trading that it has now found equilibrium, and we are about to enter a golden age of stability and prosperity.
TPN
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How did it get so late, so soon?


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January 17, 2014, 12:15:41 AM
 #8

The market is beginning its collapse.

Ever considered the third possibility ... the market is stabilizing.

at 800-900$? Roll Eyes
Wilhelm
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January 17, 2014, 12:30:03 AM
 #9

The market is beginning its collapse.

Ever considered the third possibility ... the market is stabilizing.

at 800-900$? Roll Eyes

Hopefully not but I'm sick of the "It's going down!!! SELL!!" bullshit. Smiley

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
smoothie
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January 17, 2014, 12:40:23 AM
 #10

I'm a longer term bull but I still say make sure you can weather a storm if the worst happens.

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