longshort3301 (OP)
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February 07, 2014, 07:51:17 AM |
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what are your thoughts on crashing bitcoin prices, what could cause such drop and what do you think is the bottom for this crash? I personally think it just big players' stop-losses were triggered and the bottom is around 700 (mtgox)
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WuttWutt
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February 07, 2014, 07:55:54 AM |
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you cant put stoplosses on any of the real big exchanges lol stop making shit up
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infoman
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February 07, 2014, 07:59:24 AM |
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haha, yeah, no stop losses (sadly)
it might be the apple ban, if you really wanna guess, or gox maybe
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Sonny
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February 07, 2014, 08:18:30 AM |
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probably the combined effects of apple news + mtgox pause bitcoin withdrawals + Russia "banned" bitcoin
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greenlion
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February 07, 2014, 08:25:56 AM |
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you cant put stoplosses on any of the real big exchanges lol stop making shit up
You can with a bot.
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kolev
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February 07, 2014, 08:26:43 AM |
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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.
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Bitrated user: nikolay.
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wobber
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February 07, 2014, 08:28:38 AM |
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Price is tanking boys, each for it's own! Run! Even my dog thinks we're gonna see 300s.
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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mladen00
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K-ing®
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February 07, 2014, 08:31:15 AM |
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up up up
hold hold hold
and buy buy buy
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IOTA
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wobber
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February 07, 2014, 08:32:41 AM |
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up up up
hold hold hold
and buy buy buy
Oh wow, I guess it's over now, all is safe. wheew!
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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traderCJ
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February 07, 2014, 08:33:06 AM |
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It's a fucking stampede for the theater exit, but I think these people will find that the theater exit is barricaded closed. If gox really is insolvent and no BTC/fiat withdraws will occur again, what would you rather hold .. money or Bitcoins? The gox price is ping ponging at the moment .. perhaps people can't decide this question.
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Cygnify
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February 07, 2014, 08:33:41 AM |
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Price is tanking boys, each for it's own! Run! Even my dog thinks we're gonna see 300s.
If we see 300s bitcoin is just about done. Unfortunate but true, would take a long long time to recover from that psychologically speaking.
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gog1
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February 07, 2014, 08:34:11 AM |
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btc-e refusal to budge kind of stabilize things a bit.
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JimboToronto
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February 07, 2014, 08:42:03 AM |
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Price is tanking boys, each for it's own! Run! Even my dog thinks we're gonna see 300s.
If we see 300s bitcoin is just about done. Unfortunate but true, would take a long long time to recover from that psychologically speaking. LOLOLOL hahahahaha ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yep. Just like Bitcoin was done in Autumn 2011. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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NordicMoose
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February 07, 2014, 08:46:41 AM |
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haha, yeah, no stop losses (sadly)
it might be the apple ban, if you really wanna guess, or gox maybe
I think apple bitcoin apps ban had something to do with it, yeah, and screw them for that unfounded decision, but it had more to do with Mt Gox's recent near admission to scamming. Now it has got to the point that they know that we know, and they are not really pretending anymore. Or maybe word has got out that if they get involved with bitcoining they will be forced to listen to MatTheCat's "shorting" every 5 minutes and hae given up. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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NordicMoose
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February 07, 2014, 08:47:46 AM |
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Mat, I just made you famous.... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Cygnify
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February 07, 2014, 08:54:13 AM |
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Price is tanking boys, each for it's own! Run! Even my dog thinks we're gonna see 300s.
If we see 300s bitcoin is just about done. Unfortunate but true, would take a long long time to recover from that psychologically speaking. LOLOLOL hahahahaha ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yep. Just like Bitcoin was done in Autumn 2011. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Sorry perhaps not the best choice of words, more like set back a lot. Take most of 2014 to recover.
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chesthing
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February 07, 2014, 08:55:02 AM |
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Price is tanking boys, each for it's own! Run! Even my dog thinks we're gonna see 300s.
If we see 300s bitcoin is just about done. Unfortunate but true, would take a long long time to recover from that psychologically speaking. LOLOLOL hahahahaha ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yep. Just like Bitcoin was done in Autumn 2011. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Yeah, pretty stupid statement. $300 would be a dream come true for those late. Those that think bitcoin is "done" during a dip have no understanding of what we are dealing with.
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Oldminer
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February 07, 2014, 08:58:05 AM |
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In a word - gox.
Its a case of people trying to see if they can get their BTC out, finding out they cant, so selling and trying a cash withdrawal. I have a feeling this is all not going to end well albeit mt gox burning to the ground.
goxxed yet again
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Cygnify
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February 07, 2014, 09:02:03 AM |
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[quote author=chesthing link=topic=453112.msg4992156#msg4992156 date
Yeah, pretty stupid statement. $300 would be a dream come true for those late. Those that think bitcoin is "done" during a dip have no understanding of what we are dealing with. [/quote]
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longshort3301 (OP)
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February 07, 2014, 09:36:15 AM |
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I personally have stoplosses coded in my bot -.-"
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