Bitcoin Forum
October 24, 2017, 12:25:17 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: Why BTC is having trouble breaking $360  (Read 4748 times)
spazzdla
Legendary
*
Offline Offline

Activity: 1330


View Profile
September 30, 2014, 01:56:38 PM
 #1

Amount of BTCers 10 000 000

Avg capital of BTCer 30k.

Avg capital ready to move into BTC 5k.

10 000 000 * 500 = 5 000 000 000


These numbers are not exact but the principle holds..  Manipulation, charts, trends, etc mean shit.

It all comes down to the amount of people that love Gold(BTC) * Capital they control that will be used to buy gold(BTC)

Proof? +10 000 years of history.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508804717
Hero Member
*
Offline Offline

Posts: 1508804717

View Profile Personal Message (Offline)

Ignore
1508804717
Reply with quote  #2

1508804717
Report to moderator
1508804717
Hero Member
*
Offline Offline

Posts: 1508804717

View Profile Personal Message (Offline)

Ignore
1508804717
Reply with quote  #2

1508804717
Report to moderator
1508804717
Hero Member
*
Offline Offline

Posts: 1508804717

View Profile Personal Message (Offline)

Ignore
1508804717
Reply with quote  #2

1508804717
Report to moderator
Ayers
Legendary
*
Offline Offline

Activity: 1162


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 30, 2014, 05:39:05 PM
 #2

one simple reason: not enough buyers, miners can dump only a fixed amount, this mean that it's not their fault



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Keyara
Full Member
***
Offline Offline

Activity: 167


View Profile
September 30, 2014, 05:51:04 PM
 #3

When did it hit 360?

It is trading at around 380 now.
qm7
Jr. Member
*
Offline Offline

Activity: 39


View Profile
September 30, 2014, 06:35:03 PM
 #4

Except it has multiple times??
Crypto-in-tha-blood
Member
**
Offline Offline

Activity: 112


View Profile
September 30, 2014, 06:45:24 PM
 #5

I think there are plenty of buyers.  Just people playing the price swings right now. 
spazzdla
Legendary
*
Offline Offline

Activity: 1330


View Profile
September 30, 2014, 07:00:38 PM
 #6

Except it has multiple times??

When was the last time the price dipped below $360 on more than 1 exchange?
bajlox
Full Member
***
Offline Offline

Activity: 140


View Profile
October 01, 2014, 06:21:40 AM
 #7

Price is more less stable but it will take some time to recover.
Yes to many buyers allow this so we wait.

MilesJohan
Sr. Member
****
Offline Offline

Activity: 378


View Profile
October 01, 2014, 07:07:06 AM
 #8

People no more weak holder and panic seller, price would not drop below $360...

MileyJohanson
fewcoins
Full Member
***
Offline Offline

Activity: 126


View Profile WWW
October 01, 2014, 08:31:52 AM
 #9

People no more weak holder and panic seller, price would not drop below $360...

Yea, okay lmfao! Watch as the miners dump all their coins & bring the price down!!!
trattrat
Full Member
***
Offline Offline

Activity: 151


View Profile
October 01, 2014, 01:15:07 PM
 #10

Its quite simple. Just supply and demand.
fewcoins
Full Member
***
Offline Offline

Activity: 126


View Profile WWW
October 01, 2014, 02:20:02 PM
 #11

Its quite simple. Just supply and demand.

And right now the supply is getting bigger and bigger everyday while the demand is getting smaller and smaller! Meaning the price will continue to go down!!! Its a shame!!!
jamessingh
Newbie
*
Offline Offline

Activity: 3


View Profile
October 01, 2014, 04:32:56 PM
 #12

Its quite simple. Just supply and demand.

And right now the supply is getting bigger and bigger everyday while the demand is getting smaller and smaller! Meaning the price will continue to go down!!! Its a shame!!!


I disagree,

People with money (billionaires) already see the investment opportunities now. Its just a matter of time. Bitcoin doesnt get this low typically and as soon as it hits a price, which it is getting there watch it rise.

People are panicking and selling it off currently, eventually(within 2 months) rich investors(billionaires) are going to put 1-50 Million into bitcoins, there fore less supply will be available and the demand is going to sky rocket. Prices will get back up to 500-800.

Just my opinion on this.
fewcoins
Full Member
***
Offline Offline

Activity: 126


View Profile WWW
October 01, 2014, 05:16:14 PM
 #13

Its quite simple. Just supply and demand.

And right now the supply is getting bigger and bigger everyday while the demand is getting smaller and smaller! Meaning the price will continue to go down!!! Its a shame!!!


I disagree,

People with money (billionaires) already see the investment opportunities now. Its just a matter of time. Bitcoin doesnt get this low typically and as soon as it hits a price, which it is getting there watch it rise.

People are panicking and selling it off currently, eventually(within 2 months) rich investors(billionaires) are going to put 1-50 Million into bitcoins, there fore less supply will be available and the demand is going to sky rocket. Prices will get back up to 500-800.

Just my opinion on this.

Exactly! JUST YOUR OPINION! No billionaire has got rich off of digital currency & none of them will since they won't buy in. Most own many of their OWN businesses... Why would they want to be a sheep & follow the herd like all you nerds. These people make real investments in real things. Not some bullshit Ponzi/pyramid scheme. If anything they buid their own pyramid scheme with them AT THE TOP! Keep that false hope to yourself so others can actually save their money and not lose it to the scumbags manipulating this market.
jamessingh
Newbie
*
Offline Offline

Activity: 3


View Profile
October 01, 2014, 05:45:50 PM
 #14


[/quote]
Exactly! JUST YOUR OPINION! No billionaire has got rich off of digital currency & none of them will since they won't buy in. Most own many of their OWN businesses... Why would they want to be a sheep & follow the herd like all you nerds. These people make real investments in real things. Not some bullshit Ponzi/pyramid scheme. If anything they buid their own pyramid scheme with them AT THE TOP! Keep that false hope to yourself so others can actually save their money and not lose it to the scumbags manipulating this market.
[/quote]

First of all, Your a stupid Idiot.

What you stated is your Opinion, what have you accomplished in your life that makes you so smart?
Do you have a business degree? Because I have one!!

[/quote]
No billionaire has got rich off of digital currency & none of them will since they won't buy in.
[/quote]

Thanks for that fact. You are so smart for stating this fact, can you send me some sort of link saying that NO BILLIONAIRE has made money off this??  you cannot.

Billionaires invest, Do some basic research and you will see that they invest money. You dont sit on money, To make money you have to invest.
Your probably a broke idiot with no money to invest,

BTW a Business is an investment noob.
Bitcoin trading is also an investment, similar to stocks.

I know plenty of people, including myself who did this and made a fortune. I invested 10 K cashed out with 150K+ in bitcoins starting in 2011.
spazzdla
Legendary
*
Offline Offline

Activity: 1330


View Profile
October 01, 2014, 06:21:55 PM
 #15

Kevin O'leary, youtube, bitcoin.

Billionares are clearly interested.
jamessingh
Newbie
*
Offline Offline

Activity: 3


View Profile
October 01, 2014, 06:35:32 PM
 #16

Kevin O'leary, youtube, bitcoin.

Billionares are clearly interested.

fewcoins is a troll. Hes probably is an investor who is going to buy up bitcoins.

Look at his posts.

Also he states no facts, just his opinion!
fewcoins
Full Member
***
Offline Offline

Activity: 126


View Profile WWW
October 01, 2014, 06:42:08 PM
 #17


Exactly! JUST YOUR OPINION! No billionaire has got rich off of digital currency & none of them will since they won't buy in. Most own many of their OWN businesses... Why would they want to be a sheep & follow the herd like all you nerds. These people make real investments in real things. Not some bullshit Ponzi/pyramid scheme. If anything they buid their own pyramid scheme with them AT THE TOP! Keep that false hope to yourself so others can actually save their money and not lose it to the scumbags manipulating this market.
[/quote]

First of all, Your a stupid Idiot.

What you stated is your Opinion, what have you accomplished in your life that makes you so smart?
Do you have a business degree? Because I have one!!

[/quote]
No billionaire has got rich off of digital currency & none of them will since they won't buy in.
[/quote]

Thanks for that fact. You are so smart for stating this fact, can you send me some sort of link saying that NO BILLIONAIRE has made money off this??  you cannot.

Billionaires invest, Do some basic research and you will see that they invest money. You dont sit on money, To make money you have to invest.
Your probably a broke idiot with no money to invest,

BTW a Business is an investment noob.
Bitcoin trading is also an investment, similar to stocks.

I know plenty of people, including myself who did this and made a fortune. I invested 10 K cashed out with 150K+ in bitcoins starting in 2011.

[/quote]

wow look at what you point out LOL I know billionaires always invest & don't sit on money(I know this first hand unlike you)
FACTS are they don't invest in things like this... keep up with your dream world!
coinmaster222
Hero Member
*****
Offline Offline

Activity: 756


View Profile
October 01, 2014, 06:43:10 PM
 #18

It's a long lasting downtrend. Wait till it's over.

Jybrael
Sr. Member
****
Offline Offline

Activity: 294


View Profile
October 01, 2014, 09:45:05 PM
 #19

The price will go down it will go up its part the flow of currency. There are plenty of people that have invested a lot of money in it to actually watch it plummet a lot so we will just have to wait and see.
tabnloz
Legendary
*
Offline Offline

Activity: 962


View Profile
October 01, 2014, 10:28:36 PM
 #20

Quote

Exactly! JUST YOUR OPINION! No billionaire has got rich off of digital currency & none of them will since they won't buy in. Most own many of their OWN businesses... Why would they want to be a sheep & follow the herd like all you nerds. These people make real investments in real things. Not some bullshit Ponzi/pyramid scheme. If anything they buid their own pyramid scheme with them AT THE TOP! Keep that false hope to yourself so others can actually save their money and not lose it to the scumbags manipulating this market.

But many wealthy people have invested heavily in the space. If you take this, and large VC money flowing in, you are presented with a pretty positive picture on where this is headed in the future. Finance / banking / Central Banking practices / CC's / Remittance etc are ripe for disruption.

The two downside possibilities to consider here are;

1.) That this is another dot com boom that will end badly

2.) That the protocol can be separated from the currency

I don't think we are 1 although the investments in tech lately are crazy (SnapChat, WhatApp etc in the billions) and are indirectly due to QE & bubbles. Also a large economic implosion won't help any industry initially.

And 2 is up for debate.


Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!