Final capitulation crash incoming, drop your bags & hope now!

[Capt Drake]

I think it might be the etherum coins being dumped in the exchanges.

That started the sparkle to dump.

[RockHound]

I think it might be the etherum coins being dumped in the exchanges.

That started the sparkle to dump.

Yes, was thinking the same - don't fully understand Ether coin project, just know they received many sales yesterday.

Also, there seems to be a stir up concerning the Mt Gox Creditors meeting?

[3x2]

Price can fall a little bit but IMO no crash will happen.

[RockHound]

Price can fall a little bit but IMO no crash will happen.

Hopefully worst is over with already.

index seems to be stabilizing around $610.

IMO something epic would have to happen for the price to move sub$540

[RockHound]

First Update:

http://www.cryptocoinsnews.com/news/whats-happening-bitcoin-price/2014/07/24

[quickbits]

First Update:

http://www.cryptocoinsnews.com/news/whats-happening-bitcoin-price/2014/07/24

What's the fate of BTC?

[Benjig]

Well that explains the actual downtrend , i expect this downtrend to continue and after like 400-500 we might see a raise.

[Keyara]

Can gauge the drop using:

https://www.ethereum.org/

since they are the only big seller at the moment.

[thrax]

Can gauge the drop using:

https://www.ethereum.org/

since they are the only big seller at the moment.

I thought all their bitcoins were held in one address which has had no withdrawals from it yet.

[gentlemand]

Can gauge the drop using:

https://www.ethereum.org/

since they are the only big seller at the moment.

If you're clever enough to invent a turing complete thingamybob then I truly believe that you might also be bright enough not to dump every single BTC at once.

Or anywhere near an exchange in the first place.

[CanadaCryptoLaw]

I thought all their bitcoins were held in one address which has had no withdrawals from it yet.

this

[Febo]

So where is it?
Does it always take so long for a crash to happen?
I am new so dont know how crashes here happen. But i am happy to witness first one finally .

[Sevvero]

Every day we're getting closer to 600. As i said before i think a big crash is more likely than a big pump. Sadly enough.

If we don't go up soon i expect some big dumps. For most people there is no point waiting snymore for something that's not gonna happen, They will start selling. This expected rally up is taking too long.

Where is technical and fundamental analysis behind these statements? Please provide us with your research. Thank you.

[counter]

Fudsters don't need acutal proof to make these claims.  They also don't have to admit when they are wrong also.  That is the beauty of Fud there is no accountability.   

[falllling]

Fudsters don't need acutal proof to make these claims.  They also don't have to admit when they are wrong also.  That is the beauty of Fud there is no accountability.  

are you kidding me? the time i made this post bitcoin price was what? like $620?
and now what's the price? $580? what else do you want me to prove?

people listened to me and sold their coins when i told them would have saved at least $40 per coin

[dropt]

Fudsters don't need acutal proof to make these claims.  They also don't have to admit when they are wrong also.  That is the beauty of Fud there is no accountability.   

are you kidding me? the time i made this post bitcoin price was what? like $620?
and now what's the price? $580? what do you want me to prove?
do you have a brain?

And in what world is <10% difference a "big crash"?  Just another failed predicition from falllling.  What else is new?

[exocytosis]

The Bitcoin economy is saturated. User adoption has stagnated. Good news are priced in already. This high price is clearly unsustainable.
The $585 plateau might last for a couple of weeks or so, with small dips now and then. But by the end of the year, we'll see a substantially lower price, maybe somewhere in the 350-400 range. By the end of 2015, price will be sub-100.

The fad is over now, and even the best marketing geniuses can't help Bitcoin succeed. Willy the bot was crucial to the price and success of Bitcoin. To go to the moon or beyond, Bitcoin would need another Willy and another scammer of the Karpeles-type.

[falllling]

The Bitcoin economy is saturated. User adoption has stagnated. Good news are priced in already. This high price is clearly unsustainable.
The $585 plateau might last for a couple of weeks or so, with small dips now and then. But by the end of the year, we'll see a substantially lower price, maybe somewhere in the 350-400 range. By the end of 2015, price will be sub-100.

The fad is over now, and even the best marketing geniuses can't help Bitcoin succeed. Willy the bot was crucial to the price and success of Bitcoin. To go to the moon or beyond, Bitcoin would need another Willy and another scammer of the Karpeles-type.

You see, dropt and marker88 and few others keep denying all these facts and still trying to fool people to buy more.
Fortunately, more and more responsible people can now see the incoming downfall of bitcoin!

[Benjig]

The Bitcoin economy is saturated. User adoption has stagnated. Good news are priced in already. This high price is clearly unsustainable.
The $585 plateau might last for a couple of weeks or so, with small dips now and then. But by the end of the year, we'll see a substantially lower price, maybe somewhere in the 350-400 range. By the end of 2015, price will be sub-100.

The fad is over now, and even the best marketing geniuses can't help Bitcoin succeed. Willy the bot was crucial to the price and success of Bitcoin. To go to the moon or beyond, Bitcoin would need another Willy and another scammer of the Karpeles-type.

your parent is fallling?? the same was said in 2013 when we were 100 usd, that the price was "unsustainable" ..

[GangkisKhan]

There is a limit on the downside because miners will not sell coin less than the equipment and electricity cost.