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Author Topic: Dropping when no bads news are out means only thing  (Read 2529 times)
thedarksun (OP)
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March 21, 2014, 01:50:33 PM
 #1

We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less. I think the current price is way high.
Searing
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March 21, 2014, 02:01:13 PM
 #2

We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less. I think the current price is way high.

the rumor i heard is china central bank is squeaking about banning BTC again..I"m half a mind to say 'do it already'
I have 10.2k in a neptune  4Th likely unit from KNC if i can buy BTC for 6K the amount it would mine...i"ll punt that direction
(half the reason i'm keeping it now is just i like to mine)

so anyway that is the thread of talk right now.....

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March 21, 2014, 02:04:47 PM
 #3

I'd be surprised if it goes to $100. That would be about an 85% drop in the current value. BTC is good at surprising us though so who knows.

MatTheCat
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March 21, 2014, 02:18:37 PM
 #4

We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less.

:facepalm:

Piramida *facepalmed* me when I stated I was selling at $1050.


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Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
Sawadekub
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March 21, 2014, 02:27:42 PM
 #5

fake news

http://www.reddit.com/r/Bitcoin/comments/20zmmn/btc_china_says_they_have_not_received_a/
mvdheuvel1983
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March 21, 2014, 02:28:27 PM
 #6

Maybe stolen Goxcoins are being sold?
MatTheCat
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March 21, 2014, 02:48:53 PM
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Why did you sell at $1050? Are not aware we are heading to $1000000 (worst case scenario) pretty soon  Grin

This of course the received wisdom at this present time and I was fully aware of it.

However, when piramida starts *facepalming* 'naysayers', experience has taught me that is time to sell all Bitcoins, empty exchange accounts of every last cent, and when in polite society, completely deny that you have ever even heard of Bitcoin.

Maybe stolen Goxcoins are being sold?

And stolen coins from everywhere else.

If that is the case, it could be a long slow drip of perpetual selling pressure.

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
BittBurger
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March 21, 2014, 02:50:14 PM
 #8

We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less.

:facepalm:

Piramida *facepalmed* me when I stated I was selling at $1050.


I would have too.  Unless you managed to get more in the process.   And that's just dumb luck.  But congrats if you did.  The smartest people in the Bitcoin space that I know, would have facepalmed selling at 1050.  Because yes ... Bitcoin is going much higher, and that's a potentially unnecessary risk to take. 

I've noticed that the day trader types don't seem to have any faith or confidence in the protocol or the infrastructure.  A lot of you guys don't look past the short term.  Its strange to me.

We aren't going to $100.  The base of the price (random guess - well into the 300's) has become much more substantial.


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mvdheuvel1983
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March 21, 2014, 02:59:41 PM
 #9

Why did you sell at $1050? Are not aware we are heading to $1000000 (worst case scenario) pretty soon  Grin

This of course the received wisdom at this present time and I was fully aware of it.

However, when piramida starts *facepalming* 'naysayers', experience has taught me that is time to sell all Bitcoins, empty exchange accounts of every last cent, and when in polite society, completely deny that you have ever even heard of Bitcoin.

Maybe stolen Goxcoins are being sold?

And stolen coins from everywhere else.

If that is the case, it could be a long slow drip of perpetual selling pressure.

A huge percentage (at least 10 - 20 percent) of the whole bitcoin economy are coins that at some point were stolen from its previous owners.

Everyone here is in some way laundering stolen money. But because it's anonymous and there is money to be made, nobody seems to care about that dark fact about this "revolution that will change the world". Yeah, it's changing the world allright... into one big money laundering scheme.
Asrael999
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March 21, 2014, 03:03:12 PM
 #10

We are CURRENTLY OVERPRICED.
It wouldnt surprise me if we overtime went to BTC = 100dollars or less. I think the current price is way high.

the rumor i heard is china central bank is squeaking about banning BTC again..I"m half a mind to say 'do it already'
I have 10.2k in a neptune  4Th likely unit from KNC if i can buy BTC for 6K the amount it would mine...i"ll punt that direction
(half the reason i'm keeping it now is just i like to mine)

so anyway that is the thread of talk right now.....

conflicted
Searing
 

The rumour was that the PBOC had ordered a halt to bitcoin trading by April 15th

The PBOC have now denied this rumour on their official microblog.    Price drop on FUD again.
Sawadekub
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March 21, 2014, 03:04:44 PM
 #11

price fall because of fake china ban btc news

http://www.businessweek.com/articles/2014-03-20/btc-chinas-bobby-lee-bitcoin-isnt-really-banned-in-china-and-its-quickly-gaining-ground

READ!!!

http://www.reddit.com/r/Bitcoin/comments/20znt2/the_news_about_china_banning_bitcoin_is_false/

wake up guys!!
stash
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March 21, 2014, 05:48:49 PM
 #12

Price are dropping to deepest one prior to the true breakout. Give it 1-2 weeks and see yourself.

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notbatman
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March 22, 2014, 10:17:38 AM
 #13

The short sighted attacks done out of fear and panic are going to cause a global cash of fiat and BTC to spike to $10,000 IMO. Gold & silver are also looking good.
notbatman
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March 22, 2014, 10:32:43 AM
 #14

Bitcoin Amplification by Stimulated Emission of Fiat

Fire the LASER?
UnDerDoG81
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March 22, 2014, 12:09:50 PM
 #15

When people start making these kind of threads, we mostly go up soon Cheesy
BidcoinBernd
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March 22, 2014, 08:36:47 PM
 #16

MK is cashing out. Expect double digits soon.
Sawadekub
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March 23, 2014, 04:00:06 AM
 #17

MK is cashing out. Expect double digits soon.

who the fk is MK? LOL while hes cashing people are buying.. only 12 mils coins.. and this world 1 person just need to have 0.1 btc.. price will soar!!
notbatman
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March 23, 2014, 06:00:03 AM
 #18

Mrfancy Koffee (MK) is the anti-christ as described by the prophet Nostradamus.
Sawadekub
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March 23, 2014, 06:55:55 AM
 #19

Mrfancy Koffee (MK) is the anti-christ as described by the prophet Nostradamus.

whats that goto do with btc?
InCoinsITrust
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March 23, 2014, 07:11:06 AM
 #20

It will be back up to 6 hundred at the monday and rising.
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