Poll: Will we drop to sub $400 today? Inside info about GABI shorting BTC?

[galbros]

Price seems to go down on Sunday so I can see $450 but then I expect it will work its way back up over the week.  It's called a trading range.  I'm a little disappointed its not closer to 600 in the aftermath of the US Marshall Service auction, but oh well...

Good Luck!

[sx100]

Price seems to go down on Sunday so I can see $450 but then I expect it will work its way back up over the week.  It's called a trading range.  I'm a little disappointed its not closer to 600 in the aftermath of the US Marshall Service auction, but oh well...

Good Luck!

I thought $480 was the lowest, but I did not know the price seems to go down on Sunday. Maybe it will go down to $450.

[minerpumpkin]

Price seems to go down on Sunday so I can see $450 but then I expect it will work its way back up over the week.  It's called a trading range.  I'm a little disappointed its not closer to 600 in the aftermath of the US Marshall Service auction, but oh well...

Good Luck!

Well we were definitely going in that direction after the auction! The price went back down at about $550 though. It seems people weren't willing to buy more coins so we went back down again. Sadly, this shows that we can't rely on a single "big event" to bring us up again, anymore!

[sx100]

Price seems to go down on Sunday so I can see $450 but then I expect it will work its way back up over the week.  It's called a trading range.  I'm a little disappointed its not closer to 600 in the aftermath of the US Marshall Service auction, but oh well...

Good Luck!

Well we were definitely going in that direction after the auction! The price went back down at about $550 though. It seems people weren't willing to buy more coins so we went back down again. Sadly, this shows that we can't rely on a single "big event" to bring us up again, anymore!

Do you think the auction winner paid less than today's price?

[dadugan]

Price goes down to 475.

Everyone weeping except falllling.

[falllling]

Price goes down to 475.

Everyone weeping except falllling.

if "everyone" have listened to me to cut losses at $620 or $5xx then they would have no need to weep

[crocko]

Price goes down to 475.

Everyone weeping except falllling.

if "everyone" have listened to me to cut losses at $620 or $5xx then they would have no need to weep

This mean you don't have any Bitcoin in your wallet ?
You sold all your Satoshi in order to "cut your losses" ? 

[JorgeStolfi]

20% in one day? Who on earth would bet on something like this happening?

At Bitstamp:

on 2013-12-06 it dropped from 1020 to 814 (20%),
on 2014-03-27 it dropped from 581 to 475 (19%).

These were only open-to-close changes.  There were several days when it dropped more than 20% in less than 24h, but in most of those days the price recovered partially by the end of the day.

[falllling]

20% in one day? Who on earth would bet on something like this happening?

At Bitstamp:

on 2013-12-06 it dropped from 1020 to 814 (20%),
on 2014-03-27 it dropped from 581 to 475 (19%).

These were only open-to-close changes.  There were several days when it dropped more than 20% in less than 24h, but in most of those days the price recovered partially by the end of the day.

thanks for the given data

[dropt]

if "everyone" have listened to me to cut losses at $620 or $5xx then they would have no need to weep

• You also told people to "cut looses" at $460, then it went >$500.
• You also told people it'd never go above $517 and it did 10 minutes later.
• You told people it was going to $350 on the last sub $500 dip, it only went to $45x and then back above to $520

Summary:  You're an idiot.

[Tzupy]

20% in one day? Who on earth would bet on something like this happening?

At Bitstamp:

on 2013-12-06 it dropped from 1020 to 814 (20%),
on 2014-03-27 it dropped from 581 to 475 (19%).

These were only open-to-close changes.  There were several days when it dropped more than 20% in less than 24h, but in most of those days the price recovered partially by the end of the day.

By my count, we are in a similar position now, but the movements take significantly longer, so I doubt we'll see a daily 20% drop soon.

[niktitan132]

No we won't get to $400 today not even tomorrow.The price will go up slowly the next weeks.HODL and you are safe do not listen to falllling he is a troll...

[trader001]

http://www.thestreet.com/static/rules1.html

Bulls make money, bears make money, pigs get slaughtered.

Remember to control risk.

[JorgeStolfi]

At Bitstamp:
on 2013-12-06 it dropped from 1020 to 814 (20%),
on 2014-03-27 it dropped from 581 to 475 (19%).

By my count, we are in a similar position now, but the movements take significantly longer, so I doubt we'll see a daily 20% drop soon.

Both of those drops were reactions to Chinese government "bans". Since the end of April, there haven't been any similar bad news relevant to the Chinese markets.  That may be why the drops have been more gradual: they have been vague "epidemics of pessimism" rather than bomb blasts.

EDIT: Actually I don't know whether the 2013-12-06 drop was due to the "december decree".  The decree was published a week later, is that right?  If so, then the  2013-12-06 may have been triggered by inside info, or by other causes.

[Ayers]

my opinion is that, we are on the week end, it's normal, will recover again soon

[favelle75]

if "everyone" have listened to me to cut losses at $620 or $5xx then they would have no need to weep

• You also told people to "cut looses" at $460, then it went >$500.
• You also told people it'd never go above $517 and it did 10 minutes later.
• You told people it was going to $350 on the last sub $500 dip, it only went to $45x and then back above to $520

Summary:  You're an idiot.

LOL...awesome.

[Tzupy]

At Bitstamp:
on 2013-12-06 it dropped from 1020 to 814 (20%),
on 2014-03-27 it dropped from 581 to 475 (19%).

By my count, we are in a similar position now, but the movements take significantly longer, so I doubt we'll see a daily 20% drop soon.

Both of those drops were reactions to Chinese government "bans". Since the end of April, there haven't been any similar bad news relevant to the Chinese markets.  That may be why the drops have been more gradual: they have been vague "epidemics of pessimism" rather than bomb blasts.

EDIT: Actually I don't know whether the 2013-12-06 drop was due to the "december decree".  The decree was published a week later, is that right?  If so, then the  2013-12-06 may have been triggered by inside info, or by other causes.

Bad news can only trigger drops that are already possible at a certain market stage, maybe amplify them a bit ( like 10% - 15% ).
Bad news also made the market move faster. If the bad news from China would have continued, we would have hit the bottom and by now we would be going up.
The lack of new bad news (since April) from China puzzles me. But maybe the PBoC wants the bubble to deflate gracefully, to avoid social unrest.

[maker88]

bitcoin is going down pretty hard, please give your opinion:

Is GABI going to use their fund to short bitcoin or buy up the price in the next 48hours?


BTW, if you have been fooled by fonsie / dropt / maker88 / Sevvero and other bull scammers to buy in the recent dead cat bounces:
you can now ask them to pay you back

havent scammed anyone or told anyone to buy retard. just cuz i buy and explain why i buy and why i think your ridiculous predictions are not logical thoughts doesn't mean i told anyone else to do such things. the difference between us is you DO tell people what to do, and that is sell at a loss. i would never tell anyone to sell or to buy, thats their choice, and thats why you're such a piece of shit, you try and make people do things based on fear not logic, and the fact you try to influence them at all also makes you a horrible person. once again i didn't tell anyone to buy, i just bought some myself, and explained why. so I'm a scammer? clearly you have proven you don't know what that word means. like most words.

[Wandererfromthenorth]

It's gonna go to $450, i don't think lower, but who knows.

[Equate]

Enough fall for the weekend .Lets hope BTC will see some uptrend on Monday.