Bitcoin Forum
October 17, 2019, 04:20:49 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: 1 2 [All]
  Print  
Author Topic: WTF BTC = 500USD!!!  (Read 4326 times)
pepo
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
February 10, 2014, 11:11:50 AM
 #1

Shit fuck
1571329249
Hero Member
*
Offline Offline

Posts: 1571329249

View Profile Personal Message (Offline)

Ignore
1571329249
Reply with quote  #2

1571329249
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571329249
Hero Member
*
Offline Offline

Posts: 1571329249

View Profile Personal Message (Offline)

Ignore
1571329249
Reply with quote  #2

1571329249
Report to moderator
rohnearner
Sr. Member
****
Offline Offline

Activity: 350
Merit: 252

REAL-EYES || REAL-IZE || REAL-LIES||


View Profile WWW
February 10, 2014, 12:26:50 PM
 #2

Shit fuck
Lol one more panic attack ..! BTC's are more thrilling then roller coaster ride, it depends on you whether you enjoy the ride or not..! 

shmadz
Legendary
*
Offline Offline

Activity: 1512
Merit: 1000


@theshmadz


View Profile
February 10, 2014, 01:46:55 PM
 #3

Shit fuck
Lol one more panic attack ..! BTC's are more thrilling then roller coaster ride, it depends on you whether you enjoy the ride or not..! 

I agree that it's a thrilling ride, but I think the rider's enjoyment is greatly influenced on where they boarded the roller coaster. If your entry point is below $100 then I expect you enjoy the ride very much, If you got on at somewhere over 800, then it might not be so much fun.

"You have no moral right to rule us, nor do you possess any methods of enforcement that we have reason to fear." - John Perry Barlow, 1996
SquallLeonhart
Legendary
*
Offline Offline

Activity: 994
Merit: 1014


Join telegram: @vipgameio to get best giveaways


View Profile
February 10, 2014, 01:52:16 PM
 #4

Shit fuck

As usual, all panic only last like few hours..


  ███       ███    ███  ███▀▀▀▀█▄  ▄██████████      ▄███▄       ████   ████     ██████████
  ███       ███        ███    ██  ███             ▄██ ██▄    ▄██  ██ ██  ██▄   ███
  ███       ███    █▀   ███   ██▀  ██             ▄██   ██▄   ███  █████  ███   ███
  ███       ███        ██████▀    ██     ████   ▄█████████   ███   ███   ███n  ██████████
  ▀██▄     ▄██▀   ██    ███        ██       ██   ███     ███  ███         ███   ███
    ▀██▄ ▄██▀    ▄██    ███        ███▄    ▄██   ███     ███  ███         ███   ███
      ▀███▀    ▄█████▄  ███         ██████████   ███     ███  ███         ███   ██████████
        ▀      ▀▀▀▀▀▀▀  ▀▀▀          ▀▀▀▀▀▀▀▀    ▀▀▀     ▀▀▀  ▀▀▀         ▀▀▀   ▀▀▀▀▀▀▀▀▀▀  
BEYOND    TRANSPARENCY













█  
.
 














█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
jcoin200
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
February 10, 2014, 02:16:04 PM
 #5

So is this the new norm?  Look for "bad news", price crashes temporarily, and then goes back up 10-15% in a matter of hours?  Seems like its been happening frequently in the last few weeks.
timmmers
Sr. Member
****
Offline Offline

Activity: 840
Merit: 258


View Profile
February 10, 2014, 02:33:15 PM
 #6

So is this the new norm?  Look for "bad news", price crashes temporarily, and then goes back up 10-15% in a matter of hours?  Seems like its been happening frequently in the last few weeks.

Yes it has, but it hasn't risen back to where it was like it used to. Volumes of transactions are very low, larger numbers of companies accept bitcoin now as payment but are actually exchanging them for currency via Bitpay or similar and actually selling the bitcoins in reality.

There's not going to be much incentive to mine them soon if their value drops to the region where a 10k rig doesn't stand a chance to break even, a lot of big ASICs wont even pay their power bills...then we'll have the rollercoaster on mining too as difficulty rises and falls.

Tough times, and they won't get better by us thinking they will.

        ▄▄▀▀▀▀▀▀▀▀▀▄▄
     ▀▀ ▄▄▀▀▀▀▀▀▀▄▄ ▀▀▄
  ▄  ▄▀▀           ▀▀  ▀▄
 ▄▀ █      ▐█ █▌      █ ▀▄
▄█ █     ▄███████▄     █ █▄
█ ▄▀    ██▀▐█ █▌▀██     █ █
█ █     ██ ▐█ █▌ ██     █ █
█ ▀▄    ██▄▐█ █▌███    ▄▀ █
▀█ █     ▀████████▄    █ █▀
 ▀▄ ▀      ▐█ █▌ ▀█▌  █ ▄▀
  ▀▄  ▀▄           ▄▄▀  ▀
    ▀▄▄ ▀▀▄▄▄▄▄▄▄▀▀ ▄▄
       ▀▀▄▄▄▄▄▄▄▄▄▀▀
      █▀▀▀▀▀▀▀▀▀▀▀▀█
▄▄▄▀▀▀█   ▄▄▄▄▄▄   █
█     █ ▄▀      ▀▄ █
 █  ▄██ █        █ █
 █  █ █ █        ▀ █
  █ █ █ █ ▄█▄█▄  ▀ █
  █  ██ █  █▄▄█▄ █ █
   █ ██ ▄ ▄█▄▄▄█ █ █
   █  █ ▄  ▀ ▀   █ █
    █ █ █        █ █
    █ █ ▀▄      ▄▀ █
     ██   ▀▀▀▀▀▀   █
      █▄▄▄▄▄▄▄▄▄▄▄▄█
PLATINUM STABLECOINS
USDQ KRWQ CNYQ JPYQ

───────────────────────
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
█              █
█              █
█              █
█              █
█              █
█              █
█              █
█              █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█     ████     █
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀
██████
██
██







██
██
██████
██████
██
██







██
██
██████
▬▬▬▬▬▬▬▬   WHITEPAPER   ▬▬▬▬▬▬▬▬
FACEBOOK         TWITTER         TELEGRAM
▬▬▬▬▬▬▬▬   ANN THREAD   ▬▬▬▬▬▬▬▬
JamesALState
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
February 10, 2014, 03:43:07 PM
 #7

So is this the new norm?  Look for "bad news", price crashes temporarily, and then goes back up 10-15% in a matter of hours?  Seems like its been happening frequently in the last few weeks.

Yes it has, but it hasn't risen back to where it was like it used to. Volumes of transactions are very low, larger numbers of companies accept bitcoin now as payment but are actually exchanging them for currency via Bitpay or similar and actually selling the bitcoins in reality.

There's not going to be much incentive to mine them soon if their value drops to the region where a 10k rig doesn't stand a chance to break even, a lot of big ASICs wont even pay their power bills...then we'll have the rollercoaster on mining too as difficulty rises and falls.

Tough times, and they won't get better by us thinking they will.
So you're saying not to buy in....I recently bought in at 800, and sold around 720. Would you recommend waiting until Wednesday to decide?
BitChick
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


View Profile
February 10, 2014, 04:16:32 PM
 #8

Where's Rpietila?  He can say "I told you so."  Wink

I guess the good news is that in spite of the panic selling because of Gox we are back near $700.

If someone asked if Gox closing would cause the price to drop to only $700 I would have been surprised.  It shows that the price has some tremendous support even with all the growing pains.  Hopefully with these "kinks" being worked out more secure and professional exchanges will emerge.  Time will tell.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
s_s
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
February 10, 2014, 05:47:08 PM
 #9

So is this the new norm?  Look for "bad news", price crashes temporarily, and then goes back up 10-15% in a matter of hours?  Seems like its been happening frequently in the last few weeks.

Yes it has, but it hasn't risen back to where it was like it used to. Volumes of transactions are very low, larger numbers of companies accept bitcoin now as payment but are actually exchanging them for currency via Bitpay or similar and actually selling the bitcoins in reality.

There's not going to be much incentive to mine them soon if their value drops to the region where a 10k rig doesn't stand a chance to break even, a lot of big ASICs wont even pay their power bills...then we'll have the rollercoaster on mining too as difficulty rises and falls.

Tough times, and they won't get better by us thinking they will.
So you're saying not to buy in....I recently bought in at 800, and sold around 720. Would you recommend waiting until Wednesday to decide?

Buy high...sell low.

That isn't a very solid long-term investment strategy.
TPN
Full Member
***
Offline Offline

Activity: 194
Merit: 100

How did it get so late, so soon?


View Profile
February 10, 2014, 06:06:27 PM
 #10

Can we have a drop to 300$?
timmmers
Sr. Member
****
Offline Offline

Activity: 840
Merit: 258


View Profile
February 10, 2014, 06:28:04 PM
 #11

The number of transactions crashing isn't gox, https://coinbase.com/charts look at that dive. More than halved in less than a week, in a time period when so many retailers have now started to accept bitcoins.

        ▄▄▀▀▀▀▀▀▀▀▀▄▄
     ▀▀ ▄▄▀▀▀▀▀▀▀▄▄ ▀▀▄
  ▄  ▄▀▀           ▀▀  ▀▄
 ▄▀ █      ▐█ █▌      █ ▀▄
▄█ █     ▄███████▄     █ █▄
█ ▄▀    ██▀▐█ █▌▀██     █ █
█ █     ██ ▐█ █▌ ██     █ █
█ ▀▄    ██▄▐█ █▌███    ▄▀ █
▀█ █     ▀████████▄    █ █▀
 ▀▄ ▀      ▐█ █▌ ▀█▌  █ ▄▀
  ▀▄  ▀▄           ▄▄▀  ▀
    ▀▄▄ ▀▀▄▄▄▄▄▄▄▀▀ ▄▄
       ▀▀▄▄▄▄▄▄▄▄▄▀▀
      █▀▀▀▀▀▀▀▀▀▀▀▀█
▄▄▄▀▀▀█   ▄▄▄▄▄▄   █
█     █ ▄▀      ▀▄ █
 █  ▄██ █        █ █
 █  █ █ █        ▀ █
  █ █ █ █ ▄█▄█▄  ▀ █
  █  ██ █  █▄▄█▄ █ █
   █ ██ ▄ ▄█▄▄▄█ █ █
   █  █ ▄  ▀ ▀   █ █
    █ █ █        █ █
    █ █ ▀▄      ▄▀ █
     ██   ▀▀▀▀▀▀   █
      █▄▄▄▄▄▄▄▄▄▄▄▄█
PLATINUM STABLECOINS
USDQ KRWQ CNYQ JPYQ

───────────────────────
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
█              █
█              █
█              █
█              █
█              █
█              █
█              █
█              █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█     ████     █
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀
██████
██
██







██
██
██████
██████
██
██







██
██
██████
▬▬▬▬▬▬▬▬   WHITEPAPER   ▬▬▬▬▬▬▬▬
FACEBOOK         TWITTER         TELEGRAM
▬▬▬▬▬▬▬▬   ANN THREAD   ▬▬▬▬▬▬▬▬
rohnearner
Sr. Member
****
Offline Offline

Activity: 350
Merit: 252

REAL-EYES || REAL-IZE || REAL-LIES||


View Profile WWW
February 10, 2014, 06:33:12 PM
 #12

Can we have a drop to 300$?
it can fall , all everyone should keep in mind is " hope for the best and prepare for the best " so lets see where it leads to..! but yeah it can fall to 300$ it already went down to some 100$ for few secs @btc-e..!

asfbhero
Newbie
*
Offline Offline

Activity: 48
Merit: 0


View Profile
February 10, 2014, 08:01:36 PM
 #13

It fell cause mt. gox said bitcoin was fatally flawed (i think to push the price down to save their own asses), or just to try and save face.  Then It was revealed that the "problem" has been known since 2011, and mt. gox was modifying 0 confirmation transactions and fucked them selves.  Once that news came out BTC immediately reversed.  I bought on the news that mt gox was full of shit.
CryptoPanda
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile WWW
February 12, 2014, 11:24:55 AM
 #14

I say it will be $5000 by the end of 2014.
Please remember my words and PM me with curses if it doesn't happen.

hostmaster
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile WWW
February 12, 2014, 11:27:54 AM
 #15

just ignore MTGOX btc-e.com shows more real value
leannemckim46
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
February 12, 2014, 12:01:54 PM
 #16

Buy buy buy before it went up..

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
zachcope
Full Member
***
Offline Offline

Activity: 209
Merit: 100


View Profile
February 12, 2014, 12:53:47 PM
 #17

When we get to 5 figure dollar/BTC prices no one will be able to say they didn't have the chance to buy some.

Bitcoin keeps giving opportunities for people to buy in.

The believers will be rewarded....

BTCBTCBTCBTCBTC Cool

TrollboxChamp
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
February 12, 2014, 04:38:56 PM
 #18

When we get to 5 figure dollar/BTC prices no one will be able to say they didn't have the chance to buy some.

Bitcoin keeps giving opportunities for people to buy in.

The believers will be rewarded....

BTCBTCBTCBTCBTC Cool

Great point. I try to get my mom to buy some. She bought 5 at 525 sold them at 825 for a quick profit.

She trades municipal bonds. Now she wont buy back in. She didnt listen to me at google IPO and shes not listening now  Grin
Chef Ramsay
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000



View Profile
February 12, 2014, 11:36:45 PM
 #19

Chef Ramsay
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000



View Profile
February 12, 2014, 11:41:14 PM
 #20

take your pick
apsvinet
Full Member
***
Offline Offline

Activity: 224
Merit: 101


View Profile
February 13, 2014, 02:25:48 AM
 #21

Shit fuck
It'll go back up again, and crash again, and go up again (…)
Don't worry brah.

   ∎               GAWMiners The Hashlet World's first digital cloud miner!
∎∎∎   No pool fees Instant activation Never obsolete Always profitable
_Miracle
Hero Member
*****
Offline Offline

Activity: 613
Merit: 531


Do due diligence


View Profile WWW
February 13, 2014, 02:43:05 AM
 #22

Shit fuck
Lol one more panic attack ..! BTC's are more thrilling then roller coaster ride, it depends on you whether you enjoy the ride or not..! 

I agree that it's a thrilling ride, but I think the rider's enjoyment is greatly influenced on where they boarded the roller coaster. If your entry point is below $100 then I expect you enjoy the ride very much, If you got on at somewhere over 800, then it might not be so much fun.


If a person got in at $800. and believed in it enough at that point to put in that type of investment: they should be happy to have the opportunity to buy more at this discounted price.

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"
AndOneBtc
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
February 13, 2014, 03:08:04 AM
 #23

These are my thoughts

in picture form

http://www.memecreator.org/meme/thats-the-beautiful-think-about-it-no-body-knows-if-itll-go-up-or-down
polarhei
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


Firing it up


View Profile
February 13, 2014, 03:11:31 PM
 #24

currently, using contract for analysis, still profitable
biodieselchris
Hero Member
*****
Offline Offline

Activity: 578
Merit: 500


CoinQuacker


View Profile WWW
February 13, 2014, 04:58:39 PM
 #25

it's fucking gox who couldn;t get their shit together. They suck immeasurably. I mean 2-3 years as the world's biggest exchange. Come on!

samsonn25
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1003



View Profile
February 13, 2014, 08:00:12 PM
 #26

$465 now  on Gox
af_newbie
Legendary
*
Offline Offline

Activity: 1428
Merit: 1263



View Profile
February 13, 2014, 09:36:15 PM
 #27

The number of transactions crashing isn't gox, https://coinbase.com/charts look at that dive. More than halved in less than a week, in a time period when so many retailers have now started to accept bitcoins.

It depends where you look

http://www.coindesk.com/data/bitcoin-daily-transactions/

https://blockchain.info/charts/n-transactions

but, the selling pressure continues...relentless, it does not matter what exchange, same thing, bids 500-1500 taken out like there is no tomorrow.
Goes into oversold, bounces a little, and back to down ride...Looks like everyone wants to get out...

458 on mtgox, 602 on stamp
flounderella
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250

Bitcoin Evengelist


View Profile
February 13, 2014, 10:07:42 PM
 #28

If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.
af_newbie
Legendary
*
Offline Offline

Activity: 1428
Merit: 1263



View Profile
February 13, 2014, 10:37:37 PM
 #29

If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.

When in doubt, blame Russians... Wink
Revolution
Full Member
***
Offline Offline

Activity: 140
Merit: 101

Trading BTC, looking for amazon cards


View Profile
February 14, 2014, 03:06:12 PM
 #30

If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.

When in doubt, blame Russians... Wink

^This.

But to be honest its everything combined + dumps from panicking people right?

seafarer124
Sr. Member
****
Offline Offline

Activity: 302
Merit: 250


View Profile
February 15, 2014, 06:32:03 AM
 #31

Sell high & buy low.  good opportunity right now.

Repeat, each time.  Use limit orders.

Cancel limit orders to sell before going to bed.  If you do not cancel and the sell order triggers when sleeping and price increases you have lost the opportunity to sell at a higher price. 

Do not cancel limit buy orders before going to bed.  Keep limit buy orders at a good low price and see how lucky you are in the morning. 

Your average buy price will reduce and your holding will increase.



Pages: 1 2 [All]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!