Bitcoin Forum
December 10, 2016, 06:46:55 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Dropped below $3  (Read 2207 times)
anu
Legendary
*
Offline Offline

Activity: 938


P2P Everything


View Profile WWW
October 24, 2011, 05:38:33 PM
 #21

This month, it might only drop $3. 


your line is almost straight. Surely the price will be negative in a month. Grin

You guys all forget that some people have agendas beyond day trading.

Zero Reserve - A distributed Bitcoin Exchange

Install - Getting Started - BitcoinTalk Thread - Github Source
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481395615
Hero Member
*
Offline Offline

Posts: 1481395615

View Profile Personal Message (Offline)

Ignore
1481395615
Reply with quote  #2

1481395615
Report to moderator
1481395615
Hero Member
*
Offline Offline

Posts: 1481395615

View Profile Personal Message (Offline)

Ignore
1481395615
Reply with quote  #2

1481395615
Report to moderator
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
October 24, 2011, 05:41:48 PM
 #22

As usual, we had a recovery after a big drop, and, as usual, it lasted about 3 days max. (Well, this time we had a fourth day, a Sunday when the price didn't change much, before the drop).

We now resume our regularly scheduled long, slow slide.

Mt. Gox, last 4 months, with 30 day trailing moving average (brown line)

The trend is rather obvious. It's a trailing moving average, so it's useful to shift it 15 days to the left to line it up with the actual prices.

 I starting pointing this out about two months back, and the trend has been quite consistent since then.  It may be leveling off a little as we approach zero. The moving average has been dropping by $4 per month since the end of June.  This month, it might only drop $3.  

Not much longer to go.

Someone suggested I'd post this picture as a reply when you show up again so I do  Grin


First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
322i0n
Full Member
***
Offline Offline

Activity: 196


View Profile WWW
October 24, 2011, 05:55:15 PM
 #23

perhaps the fact that the UK and Euro banks have tag teamed all the exchanges simultaneously might have something to do with the new downwards trend.

Supporting The Global Insurrection Against Banker Occupation
BTC: 1C1w6t1dMkEXeCntURxDiBiWsTbdJbvTr9
NMC: N6uNpVPAdpTur4Hwr8Sqgd6kxcKPto4S2T
anu
Legendary
*
Offline Offline

Activity: 938


P2P Everything


View Profile WWW
October 24, 2011, 07:01:03 PM
 #24

perhaps the fact that the UK and Euro banks have tag teamed all the exchanges simultaneously might have something to do with the new downwards trend.

Yes, feed the great bull.

Zero Reserve - A distributed Bitcoin Exchange

Install - Getting Started - BitcoinTalk Thread - Github Source
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!