Bitcoin is failing, People are getting out, $550 in 24 hours

[falllling]

Hey falllling I tried looking in the trashcan to find your latest post that Blitz put in there, but apparently I don't have the right to rummage in there!

 

yes, he said i can't have too many topics >3 in the same page

[T.Stuart]

Hey falllling I tried looking in the trashcan to find your latest post that Blitz put in there, but apparently I don't have the right to rummage in there!

 

yes, he said i can't have too many topics >3 in the same page

Well, you don't want people becoming numb to your message, do you... 

[dropt]

Hey falllling I tried looking in the trashcan to find your latest post that Blitz put in there, but apparently I don't have the right to rummage in there!

 

yes, he said i can't have too many topics >3 in the same page

Well, you don't want people becoming numb to your message, do you... 

It doesn't matter.  90% of this board has him on ignore, so he's just pissing in the wind (read: all over himself).


Hey falllling, guess what?  No one cares about you or your failures, you scammer.

[MrPiggles]

falling registered and was wrong, consistently for 2 entire months. every. single. day.


give him his time to shine, he's currently right. bitcoin is going down.

it'll go back up soon, and he'll go back to being wrong, crying himself to sleep or whatever it is trolls do

[cyberpinoy]

$477 and dropping, I hate dell HAHAHA. Bitcoin really needs something to raise the demand, not places like Dell and other retail places that are not really going to increase its demand but rather sell the crap out of the coins its getting from the people who already have a stash load. When it dropped from 620 to 590 I was not worried, and then not to worried when it hit 550 and 530, because i watched it bounce right back up to 620 from there. But when it hit 500 I got worried and now to see 477 I am not excited about this at all. I hope someone has something special up their sleeve. If not this author failling or falllling whatever it is he will soon be right and will laugh at a lot of us.

[BitcoinBarrel]

yawwn

[dropt]

$477 and dropping, I hate dell HAHAHA. Bitcoin really needs something to raise the demand, not places like Dell and other retail places that are not really going to increase its demand but rather sell the crap out of the coins its getting from the people who already have a stash load. When it dropped from 620 to 590 I was not worried, and then not to worried when it hit 550 and 530, because i watched it bounce right back up to 620 from there. But when it hit 500 I got worried and now to see 477 I am not excited about this at all. I hope someone has something special up their sleeve. If not this author failling or falllling whatever it is he will soon be right and will laugh at a lot of us.

The only reason he's going to be laughing is because you listened to him.  Look at the charts, read the news, think for yourself and act on your own understandings and beliefs.  Also, don't forget to leave your emotions at the door.  At the moment, some people here have paper losses in the six figure range, and you know what?  They're buying.

[botany]

$477 and dropping, I hate dell HAHAHA. Bitcoin really needs something to raise the demand, not places like Dell and other retail places that are not really going to increase its demand but rather sell the crap out of the coins its getting from the people who already have a stash load. When it dropped from 620 to 590 I was not worried, and then not to worried when it hit 550 and 530, because i watched it bounce right back up to 620 from there. But when it hit 500 I got worried and now to see 477 I am not excited about this at all. I hope someone has something special up their sleeve. If not this author failling or falllling whatever it is he will soon be right and will laugh at a lot of us.

Dell and other retailers are helping in price discovery.
We know the long term direction of bitcoin's price - only up.

[Cortex7]

OPs handle is: @falllling.

So he can never be bullish, he's a perma-bear.

Someone should open a nemesis account called @risssing, maybe he will as soon as he buys in

[bigbigdog]

$477 and dropping, I hate dell HAHAHA. Bitcoin really needs something to raise the demand, not places like Dell and other retail places that are not really going to increase its demand but rather sell the crap out of the coins its getting from the people who already have a stash load. When it dropped from 620 to 590 I was not worried, and then not to worried when it hit 550 and 530, because i watched it bounce right back up to 620 from there. But when it hit 500 I got worried and now to see 477 I am not excited about this at all. I hope someone has something special up their sleeve. If not this author failling or falllling whatever it is he will soon be right and will laugh at a lot of us.

Dell and other retailers are helping in price discovery.
We know the long term direction of bitcoin's price - only up.

Completely agree! In long term it will go only up and up

[dropt]

OPs handle is: @falllling.

So he can never be bullish, he's a perma-bear.

Someone should open a nemesis account called @risssing, maybe he will as soon as he buys in

Someone already did, but they're not as dedicated as the ding-dong behind falllling.

[cyberpinoy]

$477 and dropping, I hate dell HAHAHA. Bitcoin really needs something to raise the demand, not places like Dell and other retail places that are not really going to increase its demand but rather sell the crap out of the coins its getting from the people who already have a stash load. When it dropped from 620 to 590 I was not worried, and then not to worried when it hit 550 and 530, because i watched it bounce right back up to 620 from there. But when it hit 500 I got worried and now to see 477 I am not excited about this at all. I hope someone has something special up their sleeve. If not this author failling or falllling whatever it is he will soon be right and will laugh at a lot of us.

Dell and other retailers are helping in price discovery.
We know the long term direction of bitcoin's price - only up.

Completely agree! In long term it will go only up and up

I am putting my trust in you veterans, I am still new to this But I absolutely love this industry, my wife and I decided to make it a living, we want to get into many coins, and I already do a lot of trading on Cryptsy right now. We just recently bought our first bigger piece of mining equipment, we started with a couple USB Antminers, then bumped up to the 40Ghash/s Rockminer R box then skipped way ahead to a 1 Thash machine, just got it a couple days ago. We were planning on getting a second one, and now I think my wife is getting cold feet, and I wasnt doing to bad until the price hit 477. All the sudden I saw myself looking at other SHA coins and difficulties trying to see which one to mine  and downloading wallets as if I dont already have enough. But now I feel the pressure released as I see long time members talking in more positive theories. Unfortunately I am not sure how long term this situation may be, meaning how many months it will stay this low. But no matter I would love to see it go back up to my comfort zone which is anything above 550

[Lauda]

Something like that isn't comforting.
It's a horrible day again. Although I have my hopes up a recovery soon (ish).
There is no known cause for these huge sell offs?

[tsoPANos]

Since when does a price drop mean bitcoin is failing?
Bitcoin will be always successful no matter the price!

[dropt]

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2Fk4tWIgX.jpg&t=543&c=sIEl-nJZfDTP_A
Something like that isn't comforting.
It's a horrible day again. Although I have my hopes up a recovery soon (ish).
There is no known cause for these huge sell offs?

Some are known, some are unknown.  In the case of the chart you posted, it's likely to be the result of cascading margin calls.

[Cortex7]

It's a horrible day again. Although I have my hopes up a recovery soon (ish).
There is no known cause for these huge sell offs?

It was only a few hundred coins dropped on BTCE.

BTCE has quite a thin market now.

Here's a comparison post I did, you can see how arbitrage linked the hit with other exchanges:

https://bitcointalk.org/index.php?topic=744449.msg8417039#msg8417039

[fonsie]

Since when does a price drop mean bitcoin is failing?
Bitcoin will be always successful no matter the price!

Who said bitcoin was failing?

I thought fallling was failing? He seems like a broken record, quoting again and again the first line from that song in the movie Footloose, "Cut loose", he has quite the obsession with that movie 

[Octavius]

[fonsie]

"Footloose"

Been working so hard
I'm punching my card
Eight hours for what
Oh, tell me what I got
I've got this feeling
That times are holding me down
I'll hit the ceiling
Or else I'll tear up this town

Now I gotta cut loose, footloose
Kick off the Sunday shoes
Please, Louise, pull me off of my knees
Jack, get Mack, come on before we crack
Lose your blues, everybody cut footloose

You're playing so cool
Obeying every rule
Deep way down in your heart
You're burning yearning for
Somebody to tell you
That life ain't passing you by
I'm trying to tell you
It will if you don't even try
You'll get by if you'd only

Cut loose, footloose
Kick off the Sunday shoes
Oo-wee Marie, shake it, shake it for me
Woah, Milo, come on, come on let's go
Lose your blues, everybody cut footloose

Yeah, ooooh-oh-oh
(Cut footloose)
Yeah, ooooh-oh-oh
(Cut footloose)
Yeah, ooooh-oh-oh
(Cut footloose)
Oooooooooh

You've got to turn me around
And put your feet on the ground
Gotta take the hold of all
I'm turning it loose

Footloose, kick off the Sunday shoes
Please, Louise, pull me off of my knees
Jack, get Mack, come on before we crack
Lose your blues, everybody cut footloose
(Footloose) footloose
Kick off the Sunday shoes
Please, Louise, pull me off of my knees
Jack, get Mack, come on before we crack
Lose your blues, everybody cut, everybody cut
Everybody cut, everybody cut
Everybody cut, everybody cut
(Everybody) everybody cut footloose

[fonsie]

People please remember, fallling is a SCAMMER!!!!!!!!!!!!