jonald_fyookball (OP)
Legendary
 Offline
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
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March 20, 2014, 05:47:54 PM |
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Currently price is dropping because gox coins being dumped on the market.
No proof, just my opinion based on the price action.
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drippx
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March 20, 2014, 05:48:51 PM |
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No ones panicing, just you
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wallstreetcoiner
Newbie
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Activity: 56
Merit: 0
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March 20, 2014, 05:49:38 PM |
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Currently price is dropping because gox coins being dumped on the market.
No proof, just my opinion based on the price action.
People are also moving money around. I notice some of the altcoins like Goldcoin (GLD) are actually up on the day. |
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Come-from-Beyond
Legendary
Offline
Activity: 2142
Merit: 1009
Newbie
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March 20, 2014, 05:57:49 PM |
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Currently price is dropping because gox coins being dumped on the market.
No proof, just my opinion based on the price action.
People always start panicking when they hear "Don't panic"...  |
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BitCoinDream
Legendary
Offline
Activity: 2324
Merit: 1204
The revolution will be digital
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March 20, 2014, 06:01:31 PM |
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Currently price is dropping because gox coins being dumped on the market.
No proof, just my opinion based on the price action.
People always start panicking when they hear "Don't panic"... This is buy time  |
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MoneyGod
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March 20, 2014, 06:01:55 PM |
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Currently price is dropping because gox coins being dumped on the market.
No proof, just my opinion based on the price action.
People always start panicking when they hear "Don't panic"... Panic time is going just because of this OP want to say Don't panic |
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5thStreetResearch
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March 20, 2014, 06:09:53 PM |
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Where exactly are they being dumped? There is a blockchain, you can see if they are moving bro.
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FeedbackLoop
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March 20, 2014, 06:23:02 PM |
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Why not panic? Something wrong with Bitcoin to panic about? +-70000 transactions today last time I checked.
Or did you mean to post this in the Speculation sub-forum???
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designfail
Member
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Activity: 86
Merit: 10
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March 20, 2014, 06:31:37 PM |
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Newbies had read about litecoin "skyrocketing" and selling their bitcoins (which they've purchased at $800) to buy litecoins at a new price.
"Very wise sir, very wise" (Mr. Delbert Grady, The Shining)
My 2 cents
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gadman2
Legendary
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Activity: 977
Merit: 1000
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March 20, 2014, 06:34:48 PM |
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I'll panic sell at 6$ a coin.
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btbrae
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March 20, 2014, 07:11:54 PM |
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It's scary how relatively few coins can still move the price significantly.
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CurbsideProphet
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March 20, 2014, 07:13:45 PM |
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It's scary how relatively few coins can still move the price significantly.
It's still a very low volume/illiquid market in comparison to other investments. |
1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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March 20, 2014, 07:46:48 PM |
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Quote: If you're gonna panic, panic early .... OP is probably panicing early  |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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traderCJ
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March 20, 2014, 07:57:51 PM |
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Currently price is dropping because gox coins being dumped on the market.
No proof, just my opinion based on the price action.
This is actually a great reason to panic. If you truly believe that these are gox coins being dumped, there are many more on the way, and most of them will get sold right off the bat. |
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knightcoin
Full Member
Offline
Activity: 238
Merit: 100
Stand on the shoulders of giants
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March 20, 2014, 07:58:12 PM |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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March 20, 2014, 09:35:52 PM |
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Don't worry, whatever is going on is mostly harmless.
I don't get the dumping idea. If I had thousands of coins I would wait for businesses to open that don't convert them to fiat. It's sure to happen within a few years.
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Look inside yourself, and you will see that you are the bubble.
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traderCJ
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March 20, 2014, 10:09:05 PM |
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Don't worry, whatever is going on is mostly harmless.
I don't get the dumping idea. If I had thousands of coins I would wait for businesses to open that don't convert them to fiat. It's sure to happen within a few years.
First, trading makes sense if you want to increase your holdings. Second, it will be a very long time before anything beyond a small business holds onto their Bitcoins. If you have ever run a business, you'd understand why very quickly. |
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MAbtc
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March 20, 2014, 10:09:57 PM |
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I don't see panic. Yet. |
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Swordsoffreedom
Legendary
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Activity: 2772
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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March 20, 2014, 10:10:36 PM |
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This was a crash ?
Hardly saw any movement in the price
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lemfuture
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March 20, 2014, 10:12:09 PM |
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panic n sell
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