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commandrix
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August 15, 2014, 12:36:39 AM |
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I'd say Bitcoin is going through what Wall Street calls a "correction" in price right now. Basically a lot of people who are selling all at once. Buy now and HODL!
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Beliathon
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August 15, 2014, 12:37:04 AM |
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Flagging for speculation sub=-forum
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Hfleer
Sr. Member
Offline
Activity: 448
Merit: 250
Changing avatars is currently not possible.
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August 15, 2014, 12:39:04 AM |
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Do you want to know what happened on a technical level? Or do you just want to get a reason why there was a "correction"?
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Torque
Legendary
Offline
Activity: 3752
Merit: 5342
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August 15, 2014, 12:43:43 AM |
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A bunch of people sold bitcoin, and the price inexplicably went down! It's uncanny!
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Hfleer
Sr. Member
Offline
Activity: 448
Merit: 250
Changing avatars is currently not possible.
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August 15, 2014, 12:52:30 AM |
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A bunch of people sold bitcoin, and the price inexplicably went down! It's uncanny! *MORE people sold than were willing to buy at the old level.
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maximus1984 (OP)
Newbie
Offline
Activity: 8
Merit: 0
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August 15, 2014, 02:47:45 AM |
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heck yours wallets! Whats going on?!
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nuff
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August 15, 2014, 03:41:49 AM |
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good time to buy some now. $500 levels are a steal at this point in bitcoin
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zolace
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August 15, 2014, 04:58:52 PM |
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actually price just dropped immensley to 486 now thats a steal you can make a 150 dollar profit in the comming weeks
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falllling
Member
Offline
Activity: 112
Merit: 10
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August 15, 2014, 05:02:51 PM |
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do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!
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InwardContour
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August 15, 2014, 05:03:05 PM |
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This low price is healthy for bitcoins, probably we are hitting the ground in this or the next week. I'm expecting a great rise the next months, I'm buying all what I can before it's late.
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niktitan132
Legendary
Offline
Activity: 1036
Merit: 1000
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August 15, 2014, 05:05:08 PM |
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do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!
Why do you spread FUD so much?
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falllling
Member
Offline
Activity: 112
Merit: 10
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August 15, 2014, 05:07:24 PM |
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do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!
Why do you spread FUD so much? sorry, my "FUD" always comes true since $680
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Painful Truth
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August 15, 2014, 05:08:57 PM |
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I'd worry if we fall below 400, not before...
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niktitan132
Legendary
Offline
Activity: 1036
Merit: 1000
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August 15, 2014, 05:11:10 PM |
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do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!
Why do you spread FUD so much? sorry, my "FUD" always comes true since $680 You are saying "bitcoin will go down" for months...for so long until it's get true...
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falllling
Member
Offline
Activity: 112
Merit: 10
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August 15, 2014, 05:13:57 PM |
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do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!
Why do you spread FUD so much? sorry, my "FUD" always comes true since $680 You are saying "bitcoin will go down" for months...for so long until it's get true... nope, bitcoin has gone down since there, lower and lower at everyday
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niktitan132
Legendary
Offline
Activity: 1036
Merit: 1000
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August 15, 2014, 05:21:30 PM |
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do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!
Why do you spread FUD so much? sorry, my "FUD" always comes true since $680 You are saying "bitcoin will go down" for months...for so long until it's get true... nope, bitcoin has gone down since there, lower and lower at everyday The bitcoin price was going up and down.The last few months the price was somehow stable,moving from $580 - $630.
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falllling
Member
Offline
Activity: 112
Merit: 10
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August 15, 2014, 05:24:44 PM |
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do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!
Why do you spread FUD so much? sorry, my "FUD" always comes true since $680 You are saying "bitcoin will go down" for months...for so long until it's get true... nope, bitcoin has gone down since there, lower and lower at everyday The bitcoin price was going up and down.The last few months the price was somehow stable,moving from $580 - $630. i think you are talking about the $680 bubble? yep, there would be some dead cat bounces after each huge crash, ie: 1200 - 300 - 700 700 - 400 - 600 600 - 300 - 400 however we are surely going down in general terms
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