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Author Topic: Damn, any day this should pop below $300  (Read 4719 times)
resya
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January 03, 2015, 05:47:02 AM
 #61

I don't think it will drop much more today. what we need is newbies with sparkling eyes and wanting to be rich quickly to pump bitcoin.

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BlindMayorBitcorn
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January 03, 2015, 05:57:43 AM
 #62

I don't think it will drop much more today. what we need is newbies with sparkling eyes and wanting to be rich quickly to pump bitcoin.

The pump is broken. The dump is the path of least resistance and it will continue

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
screwUdriver
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January 03, 2015, 06:13:08 AM
 #63

Below 300 isn't possible guys c'mon now!
We are very close to $300 now, bitfinex is at $309.5 and btc-e is at 307.14. There appears to be a lot of support at the 310 level so if it stays below 310 for long then it will likely fall another ~10% or so
Edward50 (OP)
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January 03, 2015, 06:17:11 AM
 #64

All the signs are looking good for a drop lower. Volume is getting lower, price has tried to go higher a few times without any success. I think any day now or even any hour the price will break below $300.





Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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January 03, 2015, 12:15:20 PM
 #65

Someone is dumping.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
kryptopojken
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January 03, 2015, 12:21:58 PM
 #66

Below 300 isn't possible guys c'mon now!


Below 300 isn't possible guys c'mon now!
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January 03, 2015, 12:27:18 PM
 #67

Below 300 isn't possible guys c'mon now!


Below 300 isn't possible guys c'mon now!

we're pretty close to equilibrium though.  this is like the new $100
sgbett
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January 03, 2015, 12:32:29 PM
 #68

This is it guys sell sell sell, your last chance to be a part of history Wink

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mindrust
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January 03, 2015, 12:34:04 PM
 #69

Below 300 isn't possible guys c'mon now!

Well it happened at last. It didn't tricked the panic like i precticted but it also may be too early to know that.


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Edward50 (OP)
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January 03, 2015, 01:04:46 PM
 #70

It's going to be a slow move downward, slower as the price decreases. It will take some time before we hold below $300 for even a day.

I think $200 will come fairly quicker than you think once it stays in the $2XX range for a day.

I see the interest in bitcoin weakening, it had its time in the spotlight.

Now I see a bunch of clowns talking about unsustainable high prices, trying to get people to tell other people about it, really just a get rich scam now for people who came in late and think bitcoin will somehow just shoot up again to ridiculous numbers.

Basically it had its shot to be accepted mainstream and it failed. I personally also didn't like using it that much because of the security threats and the very slow transfer times. Basically the more I used bitcoin the more I came to understand just how well fiat currencies work and allow you to diversify into other things like stocks, real estate, etc.

But this is just my opinion here.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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January 03, 2015, 01:08:10 PM
 #71

What is the problem if the bitcoin price will reach  $200 or  $100 ?  The people who think "bitcoin = how much dollars I have "  will lose at the end.
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January 03, 2015, 01:16:12 PM
 #72

It went below $300 level  Grin

I'm buying at this point and also hoping it will go down a bit more.
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January 03, 2015, 01:19:10 PM
 #73

It's going to be a slow move downward, slower as the price decreases. It will take some time before we hold below $300 for even a day.

I think $200 will come fairly quicker than you think once it stays in the $2XX range for a day.

I see the interest in bitcoin weakening, it had its time in the spotlight.

Now I see a bunch of clowns talking about unsustainable high prices, trying to get people to tell other people about it, really just a get rich scam now for people who came in late and think bitcoin will somehow just shoot up again to ridiculous numbers.

Basically it had its shot to be accepted mainstream and it failed. I personally also didn't like using it that much because of the security threats and the very slow transfer times. Basically the more I used bitcoin the more I came to understand just how well fiat currencies work and allow you to diversify into other things like stocks, real estate, etc.

But this is just my opinion here.


And your opinion has been consistently and totally wrong since you failed to buy bitcoins in 2011. You didn't see bitcoin's value at 2 dollars - that must sting!

If Bitcoin does continue to thrive and bubbles a couple of more times then your posts could even become famous. That is the beauty of the Internet.
GGGGG
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January 03, 2015, 01:28:48 PM
 #74

Unfortunately, the real value is way below $300 right now.
Bananana
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January 03, 2015, 01:29:23 PM
 #75

OMG, what just happened that make bitcoin fall so badly and this time below $300?

Silverspoon
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January 03, 2015, 01:34:01 PM
 #76

OMG, what just happened that make bitcoin fall so badly and this time below $300?

Bulltards just got bitchslapped by Miss Market's invisible hand.
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January 03, 2015, 01:36:30 PM
 #77

Time for the bulls to put their money where their mouth is.  Bitcoins are on special at the moment.  Alleged real value is way beyond $1k each, so it's a screaming deal right now.  People are giving their stashes away.
Edward50 (OP)
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January 03, 2015, 01:45:48 PM
 #78

It's going to be a slow move downward, slower as the price decreases. It will take some time before we hold below $300 for even a day.

I think $200 will come fairly quicker than you think once it stays in the $2XX range for a day.

I see the interest in bitcoin weakening, it had its time in the spotlight.

Now I see a bunch of clowns talking about unsustainable high prices, trying to get people to tell other people about it, really just a get rich scam now for people who came in late and think bitcoin will somehow just shoot up again to ridiculous numbers.

Basically it had its shot to be accepted mainstream and it failed. I personally also didn't like using it that much because of the security threats and the very slow transfer times. Basically the more I used bitcoin the more I came to understand just how well fiat currencies work and allow you to diversify into other things like stocks, real estate, etc.

But this is just my opinion here.


And your opinion has been consistently and totally wrong since you failed to buy bitcoins in 2011. You didn't see bitcoin's value at 2 dollars - that must sting!

If Bitcoin does continue to thrive and bubbles a couple of more times then your posts could even become famous. That is the beauty of the Internet.

You have left out a lot of background information. I was one of only a few who was calling the drop when it was above $25 all the way down to $2.  Nobody thought it would go to $2.00 when it was above $20 for a while and above $15 for a long time. above $10 for a real long time. Than it finally went to $2.00.

Anyway, I figured a good price to buy during that time was $1.00 dollar and what I was going to buy it at.

But you are correct in that I never would have thought it would hit $1000. But how sustainable was that and it was  supposedly caused by mt. gox.?

Anyway, times are different now, $300 is high for something that is losing interest and failed to catch on when it was on the news daily. I personally have lost any interest in buying bitcoin ever at this point. Before I intended to buy it before it rose above $13.

I find that with many things I like early on they become very popular, same with things I don't like, they become unpopular. This is why I decided that anything I learn about that I think is great to buy the stock.

Right now, I personally don't like bitcoin anymore which makes me believe many others don't like it and it will not reach mainstream.
I honestly see bitcoin as a way to make others rich, not a way to improve on anything.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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January 03, 2015, 01:57:10 PM
 #79

Bitcoin will be going down much more i think it will reach 180$ mid February
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January 03, 2015, 02:01:18 PM
 #80

Agreed with Edward50.

The downwards pressure is too high on bitcoin. People always looking for the cheaper price to get in, but if no one buys (i mean a spermwhale) then the price can only go one way. down.

Mt. Gox typed his name to the history by golden letters:

The Killers of BTCitcoin

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.BLACKJACK ♠ FUN.
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