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Author Topic: Its dropping again!  (Read 3586 times)
jennifer21
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September 16, 2014, 01:05:38 AM
 #1

Bitcoin is dropping again! What is happening?  Huh Huh
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DannyHamilton
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September 16, 2014, 01:07:17 AM
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Bitcoin is dropping again! What is happening?  Huh Huh

Hooray!

More cheap bitcoins for me.

 Grin

joshv06
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September 16, 2014, 01:07:30 AM
 #3

How much do you have invested? And at what price?


 
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TIDEX



jennifer21
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September 16, 2014, 01:42:21 AM
 #4

How much do you have invested? And at what price?

Not invested. I am holding it until maybe dec or early 2015 I think. I just want it to reach $600 so that I could sell.
jennifer21
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September 16, 2014, 01:50:52 AM
 #5

Bitcoin is dropping again! What is happening?  Huh Huh

Hooray!

More cheap bitcoins for me.

 Grin

How much do you have sir?
hmq.com
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September 16, 2014, 01:59:20 AM
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Bitcoin is a long time game&business. Its too new to accept it quickly.

We need time.

HMQ.COM - Professional Cloud Mining Platform.
DannyHamilton
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September 16, 2014, 02:03:35 AM
 #7

Bitcoin is dropping again! What is happening?  Huh Huh
Hooray!

More cheap bitcoins for me.

 Grin
How much do you have sir?

More than 0.0001 BTC.

Less than 1,000,000 BTC.

Not sure why anything more accurate or exact than that is any of your business.  Wink

Waramp22
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September 16, 2014, 02:07:26 AM
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Bitcoin is dropping again! What is happening?  Huh Huh

Since i discovered bitcoin, it went from $230, to $1200, and back to $460. Bitcoin is being used all over the world, and it is impossible to get a grasp as to why it is rising or dropping on any given day. All you can do is buy some with money that you can afford to lose, stick the paper wallet in your "safe place" and forget about it.

If you tend to use it for buying and selling things well then just buy the bitcoin right before you make your purchase. This will eliminate the risk you take by holding...

Scammed by Black Arrow? See the consumer complaint thread here -
https://bitcointalk.org/index.php?topic=681965.0
franky1
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September 16, 2014, 02:08:52 AM
 #9

i read threads like this and immediately think the price must have dropped 10-90%...

.. i then find out it has only dropped 2%

will you bunch of panicking noobs please stop shouting about price drops every time it moves a fraction.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
Beliathon
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September 16, 2014, 02:42:37 AM
 #10

i read threads like this and immediately think the price must have dropped 10-90%...

.. i then find out it has only dropped 2%

will you bunch of panicking noobs please stop shouting about price drops every time it moves a fraction.
When you see a thread like this, flag as speculation and move on. Fastest way to get rid of it.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
Melbustus
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September 16, 2014, 02:51:42 AM
 #11

How much do you have invested? And at what price?

Not invested. I am holding it until maybe dec or early 2015 I think. I just want it to reach $600 so that I could sell.


Why $600? Do you think that the fair market-cap of bitcoin is ~$7.8B? Why?

Seems to me the market-cap will converge toward $0 or >$100B.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Cryptoasset rankings and metrics for investors: http://onchainfx.com
antibitcoinconsortium
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September 16, 2014, 02:55:47 AM
 #12

our associates are converting 40k btc to fiat the coming days, so its to be expected to drop a lot more before it recovers a little.
BTCfan1
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September 16, 2014, 03:05:39 AM
 #13

our associates are converting 40k btc to fiat the coming days, so its to be expected to drop a lot more before it recovers a little.

what information are you/they basing this on?
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September 16, 2014, 03:07:37 AM
 #14

our associates are converting 40k btc to fiat the coming days, so its to be expected to drop a lot more before it recovers a little.


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September 16, 2014, 03:08:54 AM
 #15

our associates are converting 40k btc to fiat the coming days, so its to be expected to drop a lot more before it recovers a little.

our associates are converting fiat to 40k btc the coming days, so its to be expected to not drop a lot more before it recovers  much.
EsaEzekiel
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September 16, 2014, 03:09:45 AM
 #16

Is the action I have done it? Impossible!
jofus87
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September 16, 2014, 03:14:42 AM
 #17

A good part of me hopes it goes down more so I can rebuy the BTC I spent on gold the other day. It'd be like getting gold at an even further discounted price than it is already  Grin
JimboToronto
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September 16, 2014, 03:19:15 AM
 #18

Bitcoin is dropping again! What is happening?  Huh Huh

Don't worry Jenny. The price will rise again as it always does.

Unless you're acquiring coins to purchase something, it's wise not to buy any unless you plan to hold them for an absolute minimum of 2 years. Otherwise you risk losing money.
Chuckee
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September 16, 2014, 03:29:56 AM
 #19

Of course it's dropping, there is nobody buying and many people spending them and cashing out for safer investments. There is still a tremendous amount of sell pressure. This will continue for the foreseeable future.

I've seen posts here recently with warnings, but they were soon deleted and users banned. A crazy place, where the smartest people are banned and only the irrational bulls (you know who you are) are allowed to post their crap.
Torque
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September 16, 2014, 04:01:20 AM
 #20

I've seen posts here recently with warnings, but they were soon deleted and users banned.

You'll be joining them soon.
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