N.Gordimer (OP)
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August 15, 2014, 04:37:54 PM |
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Easy, crash to 400$ in 10 day, after little day ( 5/15 ) bump up to 500 and in winter RUN to 700$.... or more...
Too easy.. i have write this 2month ago to my frend... GG!
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Searing
Copper Member
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Clueless!
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August 15, 2014, 04:42:21 PM |
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well this article says it is market manipulation due to whales/others selling on margins and making the bitcoin price dance like a puppet on a string slam it down buy more coin..slam it up sell more coin to slam it down to buy more coin http://blogs.wsj.com/moneybeat/2014/08/14/bitbeat-bitcoin-price-suffers-margin-pains-dishs-bitcoin-option-goes-live/whatcha think? me...I just trip over stuff like the link above...I have NFC on what the heck is going on with BTC your thoughts? Searing |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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gjgjg
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August 15, 2014, 05:30:26 PM |
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I would bet whales are pushing price down to get liquidity at low price. LArge investment firms and others similar are now interested in BTC but they find low liquidity at prices higher than 600.
Wait and see, we might get down to 450 or 350, then spike to 300 then rocket to 800.
remember, the last high price was 1200~, the LOW before that high was ~50 - so if the NEW LOW before the next high is 300~450 then the new high could be 2500 or more (assuming argentina jumps in soon too)
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N.Gordimer (OP)
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Activity: 23
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August 15, 2014, 05:38:40 PM |
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well this article says it is market manipulation due to whales/others selling on margins and making the bitcoin price dance like a puppet on a string
slam it down buy more coin..slam it up sell more coin to slam it down to buy more coin
[Suspicious link removed]j.com/moneybeat/2014/08/14/bitbeat-bitcoin-price-suffers-margin-pains-dishs-bitcoin-option-goes-live/
whatcha think? me...I just trip over stuff like the link above...I have NFC on what the heck is going on with BTC
your thoughts?
Searing
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leex1528
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August 18, 2014, 02:00:43 PM |
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I would bet whales are pushing price down to get liquidity at low price. LArge investment firms and others similar are now interested in BTC but they find low liquidity at prices higher than 600.
Wait and see, we might get down to 450 or 350, then spike to 300 then rocket to 800.
remember, the last high price was 1200~, the LOW before that high was ~50 - so if the NEW LOW before the next high is 300~450 then the new high could be 2500 or more (assuming argentina jumps in soon too)
What exactly are you basing this off? I mean, if it plummets to under a dollar...I am guessing people won't get involved with it anymore... Even if it does go to 300-450 I am still guessing it won't go to 2500, maybe just maybe it will go to 1000 but I think that is still high hopes. |
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BitcoinBarrel
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Fill Your Barrel with Bitcoins!
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August 18, 2014, 02:57:50 PM |
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We posted a video on our Blog by Crypto Market News discussing the price hysteria: http://bitcoinbarrel.com/why-is-the-price-of-bitcoin-falling/ |
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bigbigdog
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August 18, 2014, 03:03:01 PM |
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And no good enough reason for this price drop i dont get it
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falllling
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Activity: 112
Merit: 10
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August 18, 2014, 03:31:11 PM |
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bitcoin is going to nowhere but down, the final capitulation incoming!
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dropt
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Activity: 1512
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August 18, 2014, 05:22:44 PM |
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bitcoin is going to nowhere but down, the final capitulation incoming!
And then in it's going to sprinboard into a new ATH!! FOUR DIGITS, YOU HEARD IT HERE FIRST! buy Buy BUY! |
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njcarlos
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August 18, 2014, 05:25:34 PM |
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And then in it's going to sprinboard into a new ATH!! FOUR DIGITS, YOU HEARD IT HERE FIRST! buy Buy BUY!
I hope you don't believe that. The springboard part. :| |
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dropt
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August 18, 2014, 05:27:29 PM |
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I hope you don't believe that. The springboard part. :|
No, not really. I'm just countering fallllings BTC failing stupidity with BTC's going to the moon stupidity. I actually felt kind of bad doing it in this thread, I usually try to limit myself to the ones he starts so that people who have him on ignore don't have to be inadvertently subjected to his idiocy. |
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falllling
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Activity: 112
Merit: 10
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August 19, 2014, 04:02:22 AM |
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bitcoin game over, the final capitulation incoming!
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Chuckee
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August 19, 2014, 04:07:18 AM |
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Please, do not dismiss this message. Bitcoin price going to <$100, returning to mean from 2013 due to market inflation and china leaving the game. This is burn off phase.... cut your loose before it's too late!
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GangkisKhan
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August 19, 2014, 04:28:40 AM |
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bitcoin game over, the final capitulation incoming!
The price dropped yesterday is due to 1 big holder selling at market price at btc-e. Bitcoin is still very fragile if one to two whales can cause the price to drop 20% in 2 weeks. |
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Justine
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August 19, 2014, 05:20:04 AM |
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Please, do not dismiss this message. Bitcoin price going to <$100, returning to mean from 2013 due to market inflation and china leaving the game. This is burn off phase.... cut your loose before it's too late!
<100 is not the end of the world. It will only kill speculators and big mining farms. Overall ecology might be healthier when there is less speculation. |
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falllling
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Activity: 112
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August 19, 2014, 07:34:32 AM |
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Please, do not dismiss this message. Bitcoin price going to <$100, returning to mean from 2013 due to market inflation and china leaving the game. This is burn off phase.... cut your loose before it's too late!
<100 is not the end of the world. It will only kill speculators and big mining farms. Overall ecology might be healthier when there is less speculation. we will be there soon! |
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marife01
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August 19, 2014, 08:05:03 AM |
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This is very alarming to those who have bought lots of BTC on a higher price.
Maybe there is still hope that it will rise again and just get even.
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gjgjg
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August 19, 2014, 01:21:43 PM |
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bitcoin game over, the final capitulation incoming!
The price dropped yesterday is due to 1 big holder selling at market price at btc-e. Bitcoin is still very fragile if one to two whales can cause the price to drop 20% in 2 weeks. There are still whales with their finger over the buy button, waiting. |
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Yakamoto
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August 19, 2014, 02:00:55 PM |
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Please, do not dismiss this message. Bitcoin price going to <$100, returning to mean from 2013 due to market inflation and china leaving the game. This is burn off phase.... cut your loose before it's too late!
The Chinese haven't left, most people in the community know that. The 2013 mean was greater than $100, even if you have Jan-October at $5 and then Nov-Dec at $1,000, as a simplification of the charts. The mean is ~$170. Both of your points wrong; what research did you do? |
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labsbitforum
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August 19, 2014, 02:29:47 PM |
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This is my perspective. Like most things its not a single cause. - Still coming down off a bubble from lots of get rich quick speculators.
- Market cap and global trade volume still small enough to be easily driven up or down at will by those with lots of capital.
- I think projects like Ethereum have people questioning the long term viability of bitcoin. That project has taken in 28,000 bitcoins (@ $475 = $13.3M) over this time period. So far they have liquidated about 3,500 bitcoins but that will create some down pressure as they cash out the rest of it.
https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 |
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