BTC prices at $410 !!! Warning signals up ahead ??

[nonbody]

if you want to cash out then do so... i personally don't see why
bit coin started on less then a dollar, its just a up and down
that of course is my opinion

[MoonRise]

What do you think when BTC stop crashing? Is it buy time or sell time? I'm currently still holding my BTC despite It went down like $120 if counting from $550.

[srgkrgkj]

Yeah ima hodl but dunno for how long ...

[var53]

http://www.coindesk.com/price/ says it's $420, but https://coinmarketcap.com/#USD says it's $430.

[srgkrgkj]

yeah but a average of most exchanges counts up to $422 im using that atm

[oceans]

Something is obviously causing this drop and whatever it is will not last forever I don't feel. We will always have drops and rises and I see this soon going up again. Best thing to do on a drop is buy and be ready to sell when the price rises just don't spend more than you can afford to lose and you should be fine

[bitkilo]

You should be looking at this in a positive way, like a second chance to buy before it climbs again.
It's time to buy!!

[srgkrgkj]

Something is obviously causing this drop and whatever it is will not last forever I don't feel. We will always have drops and rises and I see this soon going up again. Best thing to do on a drop is buy and be ready to sell when the price rises just don't spend more than you can afford to lose and you should be fine

yep

[scarsbergholden]

You should be looking at this in a positive way, like a second chance to buy before it climbs again.
It's time to buy!!

People been saying that before every support became resistance on the way down here. People were saying it in 450s and 460s just days ago. I love bitcoin, but averaging down in a strong bear market is just not a good way to enter a trade. I want to see a strong upwards breakout OR a strong panic selloff that we can rally from.

[srgkrgkj]

yep btw BTC prices 414$

[Nagle]

Take a look at BTCE.  There's one big buy order for about 600BTC at $400, and then nothing for a long, long way down. Trading is so thin there that market manipulation is easy.

[yokosan]

I've got limit orders all the way down to $360.

I doubt it will go that low... but if it does... well I will just have to send more money into the exchange and make some more 

[Nagle]

Bitcoincharts may be broken. According to them, Bitfinex hasn't made a trade since September 9th.

Remember, Bitcoincharts is run by Mark Karpeles.

[Amph]

the reason is that rising from 100 to 1200 was too much, now it's just returning to a normal increase in value