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Author Topic: Crashing Bitcoin  (Read 2056 times)
Jrock
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February 07, 2014, 09:39:05 AM
 #21

If gox comes out and says sorry everyone's BTC is lost or something even close to that I don't think 300$ is unrealistic. It will probably go lower then that since it would most likely be the worst news in crypto history at this point.

People that think shitty Apple is causing this crash are misled IMO


longshort3301 (OP)
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February 07, 2014, 10:04:01 AM
 #22

If gox comes out and says sorry everyone's BTC is lost or something even close to that I don't think 300$ is unrealistic. It will probably go lower then that since it would most likely be the worst news in crypto history at this point.

People that think shitty Apple is causing this crash are misled IMO



Yeah u r right in my opinion, bitcoin will fall very low if gox will gox everyone)) by the way whats about fed's bitcoins, did they sell it and where, how, anybody knows?
Sonny
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February 07, 2014, 12:22:40 PM
 #23

probably the combined effects of apple news + mtgox pause bitcoin withdrawals + Russia "banned" bitcoin

... plus the poll results that the general public is not interested in Bitcoin or any other payment alternative to the dollar.

Are you saying that 79% won't consider using bitcoin poll?
DrBitcoin
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February 07, 2014, 02:19:04 PM
 #24

I set a limit order to buy .20 at 749. Was thinking that was good when I woke up and saw it executed. Apparently 660 would have been a better buy.

Just set a 10 Bitcoin buy at $100.
A 2 Bitcoin buy at $200
A 1 Bitcoin Buy at $300
A .5 Bitcoin buy at $400
And a .2 Bitcoin buy at $500

Why those numbers? I guess that's just what I feel comfortable with. Anyone who thinks this February 7th crash is "the end of a Bitcoin" is insane. It may be the beginning of the end of Mt Gox, but that's it.

Did people in 1987 think "this is the end of stocks?" Maybe some did, but those people were insane.

-Dr. Bitcoin
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