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Author Topic: New drop is comming this night  (Read 1944 times)
ask (OP)
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August 18, 2014, 08:38:58 PM
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Market is still unstable.  Current price will not hold.  I expect drop under 400 usd on Bitfinex this night...
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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bassclef
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August 18, 2014, 08:48:35 PM
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It might be more effective if you could spell common English words correctly.
Thelastcoin
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August 18, 2014, 09:03:23 PM
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This should recover tonight, i dont expect sub 400.
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August 18, 2014, 09:10:58 PM
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Agreed... mondays are typically volatile days too both for uptrends and downtrends, in this case the latter...

I wonder how low we're going.

mr angry
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August 18, 2014, 09:28:06 PM
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Market is still unstable.  Current price will not hold.  I expect drop under 400 usd on Bitfinex this night...

Why do you expect a drop under 400 usd on Bitfinex this night? Is it just because the market is still unstable, or do you have other reasons?
fallinglantern
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August 19, 2014, 12:21:26 AM
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falllling, is that you?
Newbie1022
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August 19, 2014, 12:23:06 AM
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We'd have to set off a margin call for that to happen. The base price across exchanges almost certainly will not go below 400. Probably stops at 420 in a bearish scenario. But, Finex could go that far if there is a flasher. Sure.
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August 19, 2014, 03:16:30 AM
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Market is still unstable.  Current price will not hold.  I expect drop under 400 usd on Bitfinex this night...
Why do you expect a drop under 400 usd on Bitfinex this night? Is it just because the market is still unstable, or do you have other reasons?
There is still a lot of de-leveraging to go. I think we have some ways to go before we hit bottom. There will come a point however that will cause buyers to swoop in and start to buy massively and will cause the price to go up significantly

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August 19, 2014, 03:33:55 AM
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falllling, is that you?

nope, everyone think in the same way, bitcoin is going to nowhere but down!
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August 19, 2014, 04:00:11 AM
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I remember when they said it won't fall below $400. It got below $350. Two months later, it got to $680. I'm not at all concern if price drops, it fact, I will be buying anytime it's below $400
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August 19, 2014, 04:38:42 AM
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falllling, is that you?

nope, everyone think in the same way, bitcoin is going to nowhere but down!

What?  In that other thread you were telling people it was going up.  That one guy even took a max leveraged long on your explicit advice!
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August 19, 2014, 04:41:31 AM
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When it come to trading, big trend like this will mean most trend traders will short the coin until there is a signal of trend reversing.

So far, there is no sign the down trend has ended.
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August 19, 2014, 05:35:45 AM
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If we crash under $300 do you think we finally reach the bottom or we will go down again ($200)?
falllling
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August 19, 2014, 07:33:57 AM
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If we crash under $300 do you think we finally reach the bottom or we will go down again ($200)?

we will go down again! $300 and $200 and lower!
ask (OP)
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August 19, 2014, 07:42:13 AM
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we will go down again! $300 and $200 and lower!

Shaking out weak hands  Grin
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