essem
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Activity: 42
Merit: 0
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April 11, 2013, 09:28:32 AM |
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free fall to 150
I should have sold my 0.3 BTC earlier, I'm screwed
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Frost
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April 11, 2013, 09:30:14 AM |
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This is going to be fun now... I am in if we hit 100$  And then we will climb hills! |
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essem
Newbie
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Activity: 42
Merit: 0
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April 11, 2013, 09:31:01 AM |
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oh dear doesn't look like 150 will hold
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endlessdark
Member
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Activity: 68
Merit: 10
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April 11, 2013, 09:31:44 AM |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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April 11, 2013, 09:34:04 AM |
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Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month? If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Frost
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April 11, 2013, 09:35:14 AM |
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Should I go in with 50$ if we hit 100$ zone? I am noob  |
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zby
Legendary
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Activity: 1592
Merit: 1001
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April 11, 2013, 09:35:22 AM |
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Zomdifros
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April 11, 2013, 09:36:43 AM |
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Bitcoin will get mentioned someplace with lots of readers, a bunch of those readers will like the idea and try to buy Bitcoins, their price will rise which will draw even more people to "invest", which will drive the price up even more... until people decide that the price isn't going to rise any more and everybody rushes to sell before the price drops. I predict there will be between one and five Bitcoin bubbles (price will double or more and then crash back down below the starting price) in the next four years .
So, is this the second 50% crash or am I missing one here? |
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awkorama
Newbie
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Activity: 25
Merit: 0
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April 11, 2013, 09:37:10 AM |
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Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month? If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down. Everyone, finally a signal that the dip is over, proudhon has spoken. |
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zedicus
Legendary
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Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
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April 11, 2013, 09:40:58 AM |
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HOLD SPARTANS!  |
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surya
Newbie
Offline
Activity: 28
Merit: 0
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April 11, 2013, 09:41:41 AM |
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Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month? If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down. Everyone, finally a signal that the dip is over, proudhon has spoken. Thank you proudhon, now seems the perfect time to buy then, as you are the best contra-indicator. |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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April 11, 2013, 09:42:48 AM |
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Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month? If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down. Everyone, finally a signal that the dip is over, proudhon has spoken. Thank you proudhon, now seems the perfect time to buy then, as you are the best contra-indicator. Good luck. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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essem
Newbie
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Activity: 42
Merit: 0
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April 11, 2013, 09:43:52 AM |
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Should I go in with 50$ if we hit 100$ zone? I am noob i wouldn't buy at either why try to guess the direction of the market? |
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endlessdark
Member
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Activity: 68
Merit: 10
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April 11, 2013, 09:48:56 AM |
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rpietila
Donator
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Activity: 1722
Merit: 1036
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April 11, 2013, 09:49:09 AM |
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Bitcoin will get mentioned someplace with lots of readers, a bunch of those readers will like the idea and try to buy Bitcoins, their price will rise which will draw even more people to "invest", which will drive the price up even more... until people decide that the price isn't going to rise any more and everybody rushes to sell before the price drops. I predict there will be between one and five Bitcoin bubbles (price will double or more and then crash back down below the starting price) in the next four years .
So, is this the second 50% crash or am I missing one here? Pirate intraday was about 50%, so I would say we currently have only one, from 2011. Now, for this to really qualify as a crash, I would like to see a weekly red candle  As for -20% dips, this is the 6th in 35 days, so nothing new there. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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crazy_rabbit
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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April 11, 2013, 09:49:38 AM |
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pick your poison. Lag or DDOS. Different Poison, same Goxing.
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more or less retired.
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Frost
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April 11, 2013, 09:49:48 AM |
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Should I go in with 50$ if we hit 100$ zone? I am noob i wouldn't buy at either why try to guess the direction of the market? I thought it would go up to 200$ next hours maybe... dunno. I am beginner and try to understand all that lol. |
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surya
Newbie
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Activity: 28
Merit: 0
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April 11, 2013, 10:16:07 AM |
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Gox is upgrading now. Nothing goes.
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Zomdifros
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April 11, 2013, 10:21:14 AM |
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Pirate intraday was about 50%, so I would say we currently have only one, from 2011. Now, for this to really qualify as a crash, I would like to see a weekly red candle As for -20% dips, this is the 6th in 35 days, so nothing new there. Well a weekly red would be a first for 2013. I think the confidence of many people has been shaken by the severity of this crash, in the press I see many 'analysts' declaring the bubble to have finally burst and stating the price will go down to January levels (which would most certainly be very unlikely). So I think the recovery may take a bit longer than usual. Most important thing is to explain why Bitcoin has so much future potential and is not just a vehicle to double your money every week. My estimate is that Bitcoins intrinsic value at this time is between $20B and $200B, based on the unique properties of this groundbreaking technology. |
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