2014-06-04 Crash

[giantdragon]

Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?

[YipYip]

Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?

Crash....lolz ...nigga plz

Manipulators gotta get paidz ..if u cant push higher we push lowerz

Back to 666 in 8 hours

[MOB]

Yes, not a crash.  If no one is making money at a stagnant price, then the price has to change. 

[Elwar]

Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?

Another early adopter distributing his bitcoins to new users.

Enjoy your fiat, sucker.

[bassguitarman]

Back to 666 in 8 hours

   it's a sign!!!!  The illamanuti (illuminatis retarded cousin) is out to destroy bitcoin

[rocks]

Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?

Bitcoin is a project created by the NSA in order to take money from the crazy anti-government libertarian movement, by getting them to invest all of their money into the project and then pulling the plug.

The problem is those wacko libertarians then invested not just their money but also their time building more and more services on top of bitcoin and popularizing it into a larger movement. Seriously who builds things anymore? No one in the government foresaw that coming.

Now the NSA is desperately trying to shut bitcoin down, but too many people are supporting the network and more and more people keep viewing every price drop as a buying opportunity, so their attacks are less and less impactful.


At least that is my theory for today's crash, it is as good as anyone else's theory and just as provable as far as I can tell.

[falllling]

many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/

[williamevanl]

many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/

Are you willing to bet on it? (or are you just trying to spread fud to get back in cheaper?)

[derpinheimer]

Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?

Another early adopter distributing his bitcoins to new users.

Enjoy your fiat, sucker.

I dont know what the real reason is, but I know this isnt it.

[YipYip]

many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/

YAWN !!   

[HurricanOday]

is this really a crash? I have been noticing this trend when it was around 420 and then went higher. It would go high high then settle down then slowely (every 2-4 days) the price would rise.

ie 420 then 470 settle 450 then 520 then settle around 500 etc etc

[Kluge]

Blockchain and Blockexplorer having difficulties very recently. Something apparently wrong with both of their dbs and they appear out of sync. They display normally at first (outside of last block being over an hour and a half ago), but are showing 0 balances and searches aren't functioning properly.

Whether or not that's even relevant is arguable. It's Bitcoin and the price has been bouncing around a lot lately. It happens.

[Skele]

Yes, not a crash.  If no one is making money at a stagnant price, then the price has to change. 

The curious thing is that this is the second time it crashes from 670 .. is there any particular resistance there? It seems like it will take a little to break that barrier

[zakalwe]

many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/

Ding ding ding! Ladies and gentlemen, here we have the DAILY CLOWN!!!!!!!!!

[Shak]

looks like the ramp up from 122 to 202 last year using the mighty "what happened will happen again"-paradigm  , expect the bitcoin-train to go choo-choo in ~7 days

[Hunyadi]

[blatchcorn]

Crash?  More like a correction or bear trap

[snowdropfore]

in our china , china ban bitcoin again,, as we all know,it is just a rumour again, someone want cheap btcoins.f*k china.

[alex0909]

many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/

Lol, go on, base your predictions on this website.

Everytime i checked it, it predicted nothing. Totally broken.

[TERA]

Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?

Fundamental reason? What?? lol. Have you ever heard of a retracement, and volatility? IT's probably going even lower than 620, perhaps to 550, but it's still just a retracement with no fundamental reason. The whole quick jump from 440 to 680 needs to be retraced and a retracement of 50% of a move is typical in bitcoin.