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lynn_402
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March 29, 2014, 06:15:19 PM |
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You can make charts say anything you want. Take a broader view, and it's quite easy to say that the trend is up. Plus, trend reversals may happen anytime  |
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igorr
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March 29, 2014, 06:21:32 PM |
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You can make charts say anything you want. Take a broader view, and it's quite easy to say that the trend is up. Plus, trend reversals may happen anytime Bitcoin No more any support. MtGox is dead, mining company no more any interes to artificially increase the price. It go to zero, and all crypto coins go to zero. |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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segeln
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March 29, 2014, 06:37:58 PM |
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You can make charts say anything you want. Take a broader view, and it's quite easy to say that the trend is up. Plus, trend reversals may happen anytime Bitcoin No more any support. MtGox is dead, mining company no more any interes to artificially increase the price. It go to zero, and all crypto coins go to zero. igorr`s trolling time |
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igorr
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March 29, 2014, 06:46:36 PM |
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You can make charts say anything you want. Take a broader view, and it's quite easy to say that the trend is up. Plus, trend reversals may happen anytime Bitcoin No more any support. MtGox is dead, mining company no more any interes to artificially increase the price. It go to zero, and all crypto coins go to zero. igorr`s trolling time Then please just buy, give all your money for bitcoin, much buy. |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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Erdogan
Legendary
 Offline
Activity: 1512
Merit: 1005
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March 29, 2014, 06:48:43 PM |
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You can make charts say anything you want. Take a broader view, and it's quite easy to say that the trend is up. Plus, trend reversals may happen anytime Bitcoin No more any support. MtGox is dead, mining company no more any interes to artificially increase the price. It go to zero, and all crypto coins go to zero. igorr`s trolling time Then please just buy, give all your money for bitcoin, much buy. Much sideways. Very boring. So disappointing. Weeeep. |
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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March 29, 2014, 06:51:03 PM |
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The weekend might be rough, at least until Sunday afternoon. However, some weekends are opposite and have great rallies. |
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zakalwe
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March 29, 2014, 07:47:00 PM |
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Igorr my friend if bitcoin and all cryptos will go to zero why are wasting your precious time here?
C'mon man get a life and stop being a clown, for God's sake! Geez some ppl here really have time to waste.
And this is one of the the things that have to improve in bitcoin universe. Together with btc-e troll box. That exchange should close it if it wants to look like a professional exchange.
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igorr
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March 29, 2014, 07:49:45 PM |
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Igorr my friend if bitcoin and all cryptos will go to zero why are wasting your precious time here?
C'mon man get a life and stop being a clown, for God's sake! Geez some ppl here really have time to waste.
And this is one of the the things that have to improve in bitcoin universe. Together with btc-e troll box. That exchange should close it if it wants to look like a professional exchange.
I do not know ! I do not have the answer to your question. |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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knightcoin
Full Member
Offline
Activity: 238
Merit: 100
Stand on the shoulders of giants
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March 29, 2014, 08:01:12 PM |
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Re: Anyone have any idea why the price continues to fall?
My bet is that exchanges take every single rumor to manipulate the prices
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Biodom
Legendary
Offline
Activity: 3934
Merit: 4455
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March 29, 2014, 08:16:07 PM |
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My only idea is mass panic. Why are people selling? Is there no demand left for bitcoin? Where will it recover?
A simple explanation: we have large miners (Carlson 8%, bitfury-10-20%, cloudhashing, KnC 10-20%) constantly on the sell side, but nobody large, except BIT, on the buy side, hence the drift downwards. Until bitcoin ETFs are established, this will continue unabated. I think that bitcoin had entered some kind of vicious cycle that could continue for months (already 4 months running). |
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knightcoin
Full Member
Offline
Activity: 238
Merit: 100
Stand on the shoulders of giants
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March 29, 2014, 09:00:14 PM |
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My only idea is mass panic. Why are people selling? Is there no demand left for bitcoin? Where will it recover?
A simple explanation: we have large miners (Carlson 8%, bitfury-10-20%, cloudhashing, KnC 10-20%) constantly on the sell side, but nobody large, except BIT, on the buy side, hence the drift downwards. Until bitcoin ETFs are established, this will continue unabated. I think that bitcoin had entered some kind of vicious cycle that could continue for months (already 4 months running). true, but for the hardware manufacturer if the price drops too much they will never sell another hardware again, hard math though |
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Biodom
Legendary
Offline
Activity: 3934
Merit: 4455
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March 29, 2014, 09:47:18 PM |
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My only idea is mass panic. Why are people selling? Is there no demand left for bitcoin? Where will it recover?
A simple explanation: we have large miners (Carlson 8%, bitfury-10-20%, cloudhashing, KnC 10-20%) constantly on the sell side, but nobody large, except BIT, on the buy side, hence the drift downwards. Until bitcoin ETFs are established, this will continue unabated. I think that bitcoin had entered some kind of vicious cycle that could continue for months (already 4 months running). true, but for the hardware manufacturer if the price drops too much they will never sell another hardware again, hard math though ...and they do have difficulty already. |
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sprot
Newbie
Offline
Activity: 14
Merit: 0
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March 29, 2014, 10:27:16 PM |
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Sorry guys, the BitCoin is finally done. it's been a great ride, but had to close out someday. Show's over, run along home now.  |
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anu
Legendary
Offline
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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March 29, 2014, 10:45:50 PM |
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Sorry guys, the BitCoin is finally done. it's been a great ride, but had to close out someday. Show's over, run along home now. Right. Just look where we were a little more than a year ago, at the beginning of 2013. And now, after 15 months of getting crushed, nothing is left but shattered dreams. |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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March 29, 2014, 10:53:09 PM |
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Sorry guys, the BitCoin is finally done. it's been a great ride, but had to close out someday. Show's over, run along home now. I don't understand these people. Are they trying to crash the price based on their long-standing name and reputation? Some kind of irrational cry for help and comfort? What? |
Look inside yourself, and you will see that you are the bubble.
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knightcoin
Full Member
Offline
Activity: 238
Merit: 100
Stand on the shoulders of giants
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March 29, 2014, 10:58:12 PM |
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poor dumb  |
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johnyj
Legendary
Offline
Activity: 1988
Merit: 1012
Beyond Imagination
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March 30, 2014, 12:09:00 AM |
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As a pro trader on localbitcoins, I feel so bad that now almost no one sell coins to me and everyone is trying to buy coins from me. This means I have to buy from exchanges to satisfy their needs
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DieJohnny
Legendary
Offline
Activity: 1639
Merit: 1006
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April 02, 2014, 03:02:18 PM |
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watching bitcoinwisdom is breathtaking.
Just watched the price tank $25 in a couple of minutes. 5k bitcoin volume.
Too much mining, too many new coins, too much sell pressure, too much negativity, too few features, too many hackers, too much risk. And best of all not enough coins in my wallet!
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Those who hold and those who are without property have ever formed distinct interests in society
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Painful Truth
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April 02, 2014, 03:03:21 PM |
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watching bitcoinwisdom is breathtaking.
Just watched the price tank $25 in a couple of minutes. 5k bitcoin volume.
Too much mining, too many new coins, too much sell pressure, too much negativity, too few features, too many hackers, too much risk. And best of all not enough coins in my wallet!
soon there won't be selling pressure from miners. Which miner sells below the cost it took him to mine the coin? |
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