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Author Topic: BTC falling rapidly today!!!  (Read 3401 times)
Cryptogirl82 (OP)
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April 25, 2014, 11:47:34 AM
 #21

ok time for some speculation: I think we will see the 400$ mark by tonight. I put in some more buying signals at 250$. Maybe this ban comming from china is for real?

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PRIMEDICE
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zimmah
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April 25, 2014, 12:28:00 PM
 #22

China will ban bitcoin for the 145632th time soon.

Man i should make a graph about it.
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April 25, 2014, 12:34:16 PM
 #23

panicky noobs that let their emotions and not their brains control their investments.

It blows me away how large this subset of the population is though.  Seriously.  I can see why certain people like MatTheCat are convinced its manipulation.  One just can't fathom that there are *that* many stupid people out there. 

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April 25, 2014, 12:40:08 PM
 #24

panicky noobs that let their emotions and not their brains control their investments.

It blows me away how large this subset of the population is though.  Seriously.  I can see why certain people like MatTheCat are convinced its manipulation.  One just can't fathom that there are *that* many stupid people out there. 

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BitCoinsLOL
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April 25, 2014, 12:54:54 PM
 #25

Anybody know why this is happening? Some more bad news been spread about BTC?

Do a little research read around the site before you post an ambiguous question like that.

I never thought my life could be. Anything but catastrophe. But suddenly I begin to see. A "BIT" of good luck for me. Cause I've got a golden ticket!
Mithril1977
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April 25, 2014, 01:14:07 PM
 #26

let them sell. It allows me to buy at a better price. stay strong Smiley
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April 25, 2014, 01:30:25 PM
 #27

These sudden dips are usually the best time to buy.  Like 2 weeks ago, it dipped down to the 300's, then was back to 500 in hours.  Got to be ready!
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April 25, 2014, 01:31:00 PM
 #28

These sudden dips are usually the best time to buy.  Like 2 weeks ago, it dipped down to the 300's, then was back to 500 in hours.  Got to be ready!
It's called mean reversion trading. This is the only strategy I used when I first started trading over a year ago. I didn't even look at TA on charts, I just watched for sudden movements and reacted quickly like a ninja. It was so simple and I was so much happier and more profitable back then.
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April 25, 2014, 01:34:00 PM
 #29

These sudden dips are usually the best time to buy.  Like 2 weeks ago, it dipped down to the 300's, then was back to 500 in hours.  Got to be ready!
It's called mean reversion trading. This is the only strategy I used when I first started trading over a year ago. I didn't even look at TA on charts, I just watched for sudden movements and reacted quickly like a ninja. It was so simple and I was so much happier and more profitable back then.

Yeah I'm just now realizing that is the best way to make quick profit
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April 25, 2014, 01:37:59 PM
 #30

3th tima in just a few months that China is 'banning' bitcoin............

Won't be the last time my friend, hopefully sooner than later it will just become a big joke when China bans BTC every week and the price doesn't move and people just make fun of how stupid it's become.
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April 25, 2014, 02:00:06 PM
 #31

Won't be the last time my friend, hopefully sooner than later it will just become a big joke when China bans BTC every week and the price doesn't move and people just make fun of how stupid it's become.

No problem with that. But for a change, can we have Russia banning Bitcoin the next week. And may be Sweden the week after that. We need some diversity, why depend upon China all the time?
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April 25, 2014, 02:45:27 PM
 #32

Reading some of these posts, it looks like people are starting to get angry. All these hodlers were patting each other on the back and loving the Chinese when they were pumping their yuan into btc. Now it's suddenly F$#@ China! These people don't want the world to adopt btc because it's superior to the current fiat system, they want mass adoption simply so they can become rich. This blind greed is indeed negative news and bad for btc. If this is the attitude prospective btc buyers are going to see from many of the holders, don't expect many people adopting bitcoin.

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April 25, 2014, 02:48:30 PM
 #33

Reading some of these posts, it looks like people are starting to get angry. All these hodlers were patting each other on the back and loving the Chinese when they were pumping their yuan into btc. Now it's suddenly F$#@ China! These people don't want the world to adopt btc because it's superior to the current fiat system, they want mass adoption simply so they can become rich. This blind greed is indeed negative news and bad for btc. If this is the attitude prospective btc buyers are going to see from many of the holders, don't expect many people adopting bitcoin.

And it took you how long to figure this out exactly?
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April 25, 2014, 02:50:09 PM
 #34

Reading some of these posts, it looks like people are starting to get angry. All these hodlers were patting each other on the back and loving the Chinese when they were pumping their yuan into btc. Now it's suddenly F$#@ China! These people don't want the world to adopt btc because it's superior to the current fiat system, they want mass adoption simply so they can become rich. This blind greed is indeed negative news and bad for btc. If this is the attitude prospective btc buyers are going to see from many of the holders, don't expect many people adopting bitcoin.
Please suggest a system by which miners do not turn a profit without compromising the security of the network.

Look inside yourself, and you will see that you are the bubble.
njcarlos
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April 25, 2014, 02:54:32 PM
 #35

And it took you how long to figure this out exactly?
Looking at his join date...a little over a year.
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April 25, 2014, 03:12:52 PM
 #36

Reading some of these posts, it looks like people are starting to get angry. All these hodlers were patting each other on the back and loving the Chinese when they were pumping their yuan into btc. Now it's suddenly F$#@ China! These people don't want the world to adopt btc because it's superior to the current fiat system, they want mass adoption simply so they can become rich. This blind greed is indeed negative news and bad for btc. If this is the attitude prospective btc buyers are going to see from many of the holders, don't expect many people adopting bitcoin.
Please suggest a system by which miners do not turn a profit without compromising the security of the network.

Who said anything about miners? Obviously the miners deserve to turn some profit for their work. This is exactly what I'm talking about. I state the obvious and people ask irrelevant questions about miners and how long it took me to figure this out. Maybe try to counter my points and bring some meaningful discussion to the table.

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njcarlos
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April 25, 2014, 03:18:22 PM
 #37

Who said anything about miners? Obviously the miners deserve to turn some profit for their work. This is exactly what I'm talking about. I state the obvious and people ask irrelevant questions about miners and how long it took me to figure this out. Maybe try to counter my points and bring some meaningful discussion to the table.
Stating the obvious is bringing something meaningful to the table, though?
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April 25, 2014, 03:32:12 PM
 #38

Who said anything about miners? Obviously the miners deserve to turn some profit for their work. This is exactly what I'm talking about. I state the obvious and people ask irrelevant questions about miners and how long it took me to figure this out. Maybe try to counter my points and bring some meaningful discussion to the table.
Stating the obvious is bringing something meaningful to the table, though?

It is when many people are in denial and need a reality check.

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April 25, 2014, 03:38:40 PM
 #39

Reading some of these posts, it looks like people are starting to get angry. All these hodlers were patting each other on the back and loving the Chinese when they were pumping their yuan into btc. Now it's suddenly F$#@ China! These people don't want the world to adopt btc because it's superior to the current fiat system, they want mass adoption simply so they can become rich. This blind greed is indeed negative news and bad for btc. If this is the attitude prospective btc buyers are going to see from many of the holders, don't expect many people adopting bitcoin.
Please suggest a system by which miners do not turn a profit without compromising the security of the network.

Proof of Stake
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April 25, 2014, 07:12:00 PM
 #40

Reading some of these posts, it looks like people are starting to get angry. All these hodlers were patting each other on the back and loving the Chinese when they were pumping their yuan into btc. Now it's suddenly F$#@ China! These people don't want the world to adopt btc because it's superior to the current fiat system, they want mass adoption simply so they can become rich. This blind greed is indeed negative news and bad for btc. If this is the attitude prospective btc buyers are going to see from many of the holders, don't expect many people adopting bitcoin.
Please suggest a system by which miners do not turn a profit without compromising the security of the network.

Proof of Stake
If that makes miners have a net loss why mine?

Look inside yourself, and you will see that you are the bubble.
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