wobber (OP)
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Activity: 1064
Merit: 1001
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June 12, 2014, 09:18:37 PM |
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It's clear for me that there won't be any rebound to 620s or more, for at least few weeks if not even months. 2-months, daily candles graph:  So, 400s here we come. SELL SELL SELL! |
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lordoliver
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Activity: 1666
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expect(brain).toHaveBeenUsed()
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June 12, 2014, 09:21:38 PM |
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It's clear for me that there won't be any rebound to 620s or more, for at least few weeks if not even months. 2-months, daily candles graph: So, 400s here we come. SELL SELL SELL! simple bear trap. Many people will thank you  |
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wobber (OP)
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Activity: 1064
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June 12, 2014, 09:47:44 PM |
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$574 on Bitstamp... And gets lower and lower
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lordoliver
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Activity: 1666
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expect(brain).toHaveBeenUsed()
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June 12, 2014, 09:51:28 PM |
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$574 on Bitstamp... And gets lower and lower
You will see maybe 530 and in 48 hours 650 again. |
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Don007
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Activity: 1050
Merit: 1007
Live like there is no tomorrow!
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June 12, 2014, 09:54:06 PM |
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It think it will "rebound" soon enough. For now, I think the value will decrease even more. Maybe about $500.. After that, we'll rise again steadily. I've heard there are some rumours right now that the FBI is going to sell the (many(!)) Bitcoins they seized from the owner(s) of Silkroad soon, which might cause this "crash", if you would like to call it a crash. If that's true, once the Bitcoins are sold, I'm sure it will rise again. For now it's time to buy-in even more at a attractive time  |
{Curently quite inactive as I'm really busy in my private life. I will get back soon!} -> Your line here during my inactivity? Feel free to PM <- |
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Xer0
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June 12, 2014, 09:57:21 PM |
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but the sell of the fbi coins will drop the price to sub 100
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damiano
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Activity: 1246
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103 days, 21 hours and 10 minutes.
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June 12, 2014, 09:58:16 PM |
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but the sell of the fbi coins will drop the price to sub 100
I think that's a worst case scenario |
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JimboToronto
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Activity: 4018
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You're never too old to think young.
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June 12, 2014, 09:58:52 PM |
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SELL SELL SELL!
LOL LOL LOL!  |
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K128kevin2
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June 12, 2014, 10:01:13 PM |
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It's clear for me that there won't be any rebound to 620s or more, for at least few weeks if not even months. 2-months, daily candles graph: So, 400s here we come. SELL SELL SELL! What are you basing this off of? Honestly I think that is completely wrong. I think prices will rebound within a few days. If the price went down to $400 ish, this rise and fall would be a pattern that we haven't seen ever occur in bitcoin's history. |
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UnDerDoG81
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Activity: 2179
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June 12, 2014, 10:01:39 PM |
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This was so sure that it will happen we've seen this a many times now. Price goes up to 650-700 and drops slowly back down to 400s. This must be the third time or so I think.
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Don007
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Activity: 1050
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Live like there is no tomorrow!
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June 12, 2014, 10:01:54 PM |
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but the sell of the fbi coins will drop the price to sub 100
I think that's a worst case scenario Indeed, a very very very worse scenario. According to http://bitcoinity.org/markets that might be possible, as it needs 22.33k Bitcoins to fulfill all the buyorders (right? Or am I looking wrong?'). I heard the FBI has over 29k BTC.. However, I'm optimistic. |
{Curently quite inactive as I'm really busy in my private life. I will get back soon!} -> Your line here during my inactivity? Feel free to PM <- |
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Tzupy
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June 12, 2014, 10:25:15 PM |
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There will be a rebound eventually, but it remains to be seen how weak it will be.
Compared with the drops of early March (from a local peak of 710$) this happened on relatively lower volume.
It strengthens the case for the market still being in wave C.
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Sometimes, if it looks too bullish, it's actually bearish
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Cryptocure
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June 12, 2014, 10:37:09 PM |
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Lol watch it shoot up past $620 right now.
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flailing Junk
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June 12, 2014, 10:38:29 PM |
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Boing
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SkRRJyTC
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Activity: 1008
Merit: 1000
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June 12, 2014, 10:47:17 PM |
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Why would someone buy 3k BTC only to sell them on market? Do you expect the auction to go for under market price? |
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xDan
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June 12, 2014, 11:14:27 PM |
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cheap coins incoming, I am excited. I'd like some sub $100 please  |
HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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wobber (OP)
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Activity: 1064
Merit: 1001
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June 12, 2014, 11:17:15 PM |
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cheap coins incoming, I am excited. I'd like some sub $100 please Everyone is excited by cheap coins but nobody buys... |
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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lordoliver
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Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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June 12, 2014, 11:18:05 PM |
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ok we had that already. if you sell 30k now, price will drop 50$ and rebound in a few minutes. Ridiculous. |
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keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 12, 2014, 11:29:00 PM |
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I think you are jumping the gun in thinking that we won't be back at $620 in months... that could take a matter of hours in a little price surge...
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keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 12, 2014, 11:30:57 PM |
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ok we had that already. if you sell 30k now, price will drop 50$ and rebound in a few minutes. Ridiculous. Anyone with the liquid funds and ability to bid on those 3,000 BTC blocks is not going to buy them just to dump them on the market. If you have that much disposable cash, then more than likely you have more than half a brain, and you aren't going to be flushing your own money down the toilet. |
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