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Bitcoin Forum > Economy > Economics > Speculation > Poll: Why has prices gone down today (3/7/14)?
Poll
Question: Poll: Why has prices gone down today (3/7/14)?
Has something to do with the Ukraine situation. - 1 (1.5%)
Has something to do with the news yesterday that we falsely found satoshi (DSN is confirmed not SN) - 4 (6%)
Has something to do with less trading on exchanges lowers price - 2 (3%)
Has something to do with litecoin on btcchina? - 0 (0%)
Has something to do with the fact OP panicks every time the price fluctuates more than 20 dollars - 12 (17.9%)
I'm pretty sure this is the reason: http://www.reddit.com/r/Bitcoin/comments/1zsw1k/while_the_press_is_focused_on_satoshi_180000/ - 20 (29.9%)
We got the proof that Satoshi is alive (that means he can still sell part of his stash), and also the moving Gox coins thing. But yeah, ultimately, no need to be jumpy about fluctuations of less than 25% in either direction. - 6 (9%)
I think Satoshi making a statement is a bad thing for Bitcoin. Because he is like a loose-end, especially for big stakeholders. - 3 (4.5%)
Then those stakeholders are ridiculous. It's common (well in Bitcoin circles) knowledge that Satoshi probably has a lot of coins. Invest accordingly.   I personally don't care, Bitcoin does what I want it to do with or without Satoshi having a lot of coin - 2 (3%)
Why you adding the comments to the poll brah?!  Can't make any good poll options on your own?! - 1 (1.5%)
Its friday retards. - 8 (11.9%)
zedicus comment below (to big to post here) - 2 (3%)
I´m sorry to say Bitcoinsrus, but BITCOIN hates you, I just talked to him. (commented by fonzie below) - 4 (6%)
"rohnearner" option below (too big to fit here) - 1 (1.5%)
Wasn't the 180,000 coins just BTC-E moving coins back and forth? - 0 (0%)
Why does this poll have 15 million options? - 0 (0%)
bitcoin is about to be killed, we all saw the sell signal - 0 (0%)
AND none of the options clearly mentions the 180,000 gox coins moving which is the real reason for today's decline. - 1 (1.5%)
And the right answer is:   Typical 50% (for now) retracement of the last leg UP - from $550 to $700 = $150...down $75 to $620-ish...  As simple as it is...NOT everything is NEWS-based in these markets... - 0 (0%)
That's correct too, but the market tends to look for excuses to conduct the timing of these movements.  Also, if 180,000 coins actually hit the market, it won't be a "news-based" drop, it will be entirely due to the raw technical of an exploding - 0 (0%)
Total Voters: 48

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bitcoinsrus (OP)
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March 07, 2014, 06:01:41 PM
Last edit: March 07, 2014, 10:04:19 PM by bitcoinsrus
 #1
Poll: Why has prices gone down today (3/7/14)?
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March 07, 2014, 06:07:19 PM
 #2
I'm pretty sure this is the reason:
http://www.reddit.com/r/Bitcoin/comments/1zsw1k/while_the_press_is_focused_on_satoshi_180000/
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March 07, 2014, 06:18:52 PM
 #3
We got the proof that Satoshi is alive (that means he can still sell part of his stash), and also the moving Gox coins thing. But yeah, ultimately, no need to be jumpy about fluctuations of less than 25% in either direction.
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March 07, 2014, 06:19:33 PM
 #4
I think Satoshi making a statement is a bad thing for Bitcoin. Because he is like a loose-end, especially for big stakeholders.
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March 07, 2014, 06:27:16 PM
 #5
Its friday retards.
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March 07, 2014, 06:30:36 PM
 #6
Quote from: Birdy on March 07, 2014, 06:07:19 PM
I'm pretty sure this is the reason:
http://www.reddit.com/r/Bitcoin/comments/1zsw1k/while_the_press_is_focused_on_satoshi_180000/

This!

--

Nobody cares if satoshi has alot of coins.. Now mark on the other hand.. im not sure i have the words to express what people are feeling right now. I got somekind of exchange-fu senses and pulled out from gox like i did with bitfloor, "off a gut feeling". That said im not personally effected by a loss of funds from gox but i think alot of people got an eagle eye on those coins gox is moving right now!
 
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March 07, 2014, 06:31:58 PM
 #7
I´m sorry to say Bitcoinsrus, but BITCOIN hates you, I just talked to him.
"To know death, Otto, you have to fuck life in the gallbladder"
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March 07, 2014, 06:32:30 PM
 #8
The voting result after my vote:

I'm sure those 180,000 bitcoins didn't got much required attention .
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March 07, 2014, 07:27:22 PM
 #9
Wasn't the 180,000 coins just BTC-E moving coins back and forth?
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March 07, 2014, 07:40:06 PM
 #10
Why does this poll have 15 million options?
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March 07, 2014, 07:49:25 PM
 #11
bitcoin is about to be killed, we all saw the sell signal
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March 07, 2014, 08:04:52 PM
 #12
Quote from: ThatDGuy on March 07, 2014, 07:40:06 PM
Why does this poll have 15 million options?
AND none of the options clearly mentions the 180,000 gox coins moving which is the real reason for today's decline.
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March 07, 2014, 08:07:01 PM
 #13
And the right answer is:


Typical 50% (for now) retracement of the last leg UP - from $550 to $700 = $150...down $75 to $620-ish...

As simple as it is...NOT everything is NEWS-based in these markets...
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March 07, 2014, 08:10:31 PM
 #14
Quote from: ZiG on March 07, 2014, 08:07:01 PM
And the right answer is:


Typical 50% (for now) retracement of the last leg UP - from $550 to $700 = $150...down $75 to $620-ish...

As simple as it is...NOT everything is NEWS-based in these markets...


That's correct too, but the market tends to look for excuses to conduct the timing of these movements.

Also, if 180,000 coins actually hit the market, it won't be a "news-based" drop, it will be entirely due to the raw technical of an exploding supply - which may override the market's planned movements.
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