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Edward50 (OP)
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January 04, 2015, 07:04:59 AM |
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I expected it to pop below 300 and after breaking this level for the real capitulation to start, but didnt expect to fall this fast.
This is really bad news that the price isnt rebounding much at all. Volume is high and people are getting the fuck out as quick as they can.
Nobody is buying into that cheap coin bullshit.
We are going to test 200 very quickly. The capitulation looks to finally be hitting. This is worse than I even expected.
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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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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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kryptopojken
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January 04, 2015, 07:06:03 AM |
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I expected it to pop below 300 and after breaking this level for the real capitulation to start, but didnt expect to fall this fast.
This is really bad news that the price isnt rebounding much at all. Volume is high and people are getting the fuck out as quick as they can.
Nobody is buying into that cheap coin bullshit.
We are going to test 200 very quickly. The capitulation looks to finally be hitting. This is worse than I even expected.
and your agenda is to "warn" people yes? |
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Edward50 (OP)
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January 04, 2015, 07:08:18 AM |
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I expected it to pop below 300 and after breaking this level for the real capitulation to start, but didnt expect to fall this fast.
This is really bad news that the price isnt rebounding much at all. Volume is high and people are getting the fuck out as quick as they can.
Nobody is buying into that cheap coin bullshit.
We are going to test 200 very quickly. The capitulation looks to finally be hitting. This is worse than I even expected.
and your agenda is to "warn" people yes? No its to just state that this is getting interesting. People dont need warning, the price dropping and staying below 300 is enough. |
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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xcapator
Sr. Member
 Offline
Activity: 322
Merit: 252
Here I Am !!
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January 04, 2015, 07:10:29 AM |
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The big dump hast just began, and we will be at this level for weeks. People are low on money this month, just like every year, wait till end of january before payday and btc might rise, until then people got lots of bills to pay
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Pecunia non olet
Full Member
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Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
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January 04, 2015, 07:20:31 AM |
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-no buypressure
-3600 coins sellpressure every day no matter what
-low interest in bitcoin because is declining for more than a year - very bad performance for such a groundbreaking tech.
math helps here
blame the long halvings
everyone invested already what they could afford to loose - so now we are loosing it ... everything goes according to plan.
Nothing to see here. Everything's normal.
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JimboToronto
Legendary
 Online
Activity: 4004
Merit: 4481
You're never too old to think young.
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January 04, 2015, 08:29:28 AM |
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everyone invested already what they could afford to loose - so now we are loosing it
Cool meme. I'll bet all the kindergarten children are using it. Way cool. |
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sandykho47
Sr. Member
Offline
Activity: 252
Merit: 251
Knowledge its everything
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January 04, 2015, 08:32:01 AM |
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Another bubble But the good news is, some speculator said after a bubble bitcoin price will rise up I hope that speculation is true  |
Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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January 04, 2015, 08:33:47 AM |
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How many more threads do you need to create? Lol  Oh noes! "We are going to $1" |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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bitkilo
Legendary
Offline
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
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January 04, 2015, 08:47:58 AM |
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With all the companies now dumping the bitcoins they received from customers during the lead up to xmas is probably putting some downwards pressure on the price now.
The last couple of months i've been buying a few dolars worth whenever the price is at $300 or below, and i've done well when it goes back up $20-$50 a coin. Sell a few, make a dollar and buy again when low.
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Not a paid signature, just added to promote Bitcoin.com |
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GGGGG
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January 04, 2015, 08:53:00 AM |
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No pump, dump dump dump...
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Bitcoins101
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January 04, 2015, 08:54:02 AM |
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The big dump hast just began, and we will be at this level for weeks. People are low on money this month, just like every year, wait till end of january before payday and btc might rise, until then people got lots of bills to pay
Of course, since the people who control the market are the exact same people waiting on their paycheck every month so that they can afford to pay their water bill. |
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4481
You're never too old to think young.
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January 04, 2015, 08:58:55 AM |
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How many more threads do you need to create? Lol Oh noes! "We are going to $1" LOLOLOLOL Bitcoin is dead. Ponzi, tulips, Beanie Babies, S. Seas Co., pyramid scam, etc etc etc.     |
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smalltimer
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January 04, 2015, 08:59:19 AM |
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pump now, dump in a few hours
- THE END -
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smalltimer
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January 04, 2015, 08:59:52 AM |
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more like the zimbabwe-dollar |
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4481
You're never too old to think young.
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January 04, 2015, 09:04:49 AM |
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more like the zimbabwe-dollar
Zimbabwe-dollar? US-dollar? Ho hum. |
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smalltimer
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January 04, 2015, 09:06:45 AM |
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more like the zimbabwe-dollar
Zimbabwe-dollar? US-dollar? Ho hum. or zimbabwe-coin whatever ... The USD at least crashes slower |
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4481
You're never too old to think young.
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January 04, 2015, 09:08:16 AM |
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The USD at least crashes slower
Rebounds slower too. |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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January 04, 2015, 09:12:56 AM |
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Enjoy your brief moment of pleasure at seeing the price drop Edward50.
Of course the price is still 140x higher than when you decided it was too expensive and Bitcoin was dead for the first time, four years ago, in 2011.
C'est la vie.
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4481
You're never too old to think young.
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January 04, 2015, 09:43:18 AM |
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Enjoy your brief moment of pleasure at seeing the price drop Edward50.
Of course the price is still 140x higher than when you decided it was too expensive and Bitcoin was dead for the first time, four years ago, in 2011.
C'est la vie.
Hey, quit telling the truth. This is the beartards' special day. Don't ruin it for them. |
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smalltimer
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January 04, 2015, 09:45:51 AM |
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The USD at least crashes slower
Rebounds slower too. does bitcoin rebound? Every time? |
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4481
You're never too old to think young.
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January 04, 2015, 09:53:44 AM |
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The USD at least crashes slower
Rebounds slower too. does bitcoin rebound? Every time? For 6 years now. There's no reason for it to change now. If anything, these silly little dips should decrease in frequency. Time is on our side. |
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smalltimer
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January 04, 2015, 10:05:09 AM |
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The USD at least crashes slower
Rebounds slower too. does bitcoin rebound? Every time? For 6 years now. There's no reason for it to change now. If anything, these silly little dips should decrease in frequency. Time is on our side. well, certain patterns have been broken just recently. One more leg down and it will have changed, my friend. We all hope the magic pony rides us to 10 gazillion dollars a coin - but if it were that easy why would it even drop? |
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applesRyummy
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January 04, 2015, 10:13:50 AM |
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The USD at least crashes slower
Rebounds slower too. The US dollar actually is the most stable currency in modern finance. By most measures it's price is very stable. Generally speaking whenever any kind of security goes below a major support level it's price tends to fall significantly below such level |
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smalltimer
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January 04, 2015, 10:16:56 AM |
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Generally speaking whenever any kind of security goes below a major support level it's price tends to fall significantly below such level
spot-on |
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Q7
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January 04, 2015, 10:24:49 AM |
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Well it was 275 earlier today and when I checked a moment ago it has gone back up to 287, in just a matter of about 8 hours period. At least this indicates there are still people buying the coin and not the complete dump scenario everyone thought it was happening.
Anyway, it's too early to tell what would be the next direction from here. Either it will move up again and recover above 300 or just continue to slide. Let's just keep the fingers crossed.
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Mellnik
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January 04, 2015, 10:26:37 AM |
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The USD at least crashes slower
Rebounds slower too. The US dollar actually is the most stable currency in modern finance. By most measures it's price is very stable. Nice FUD. |
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applesRyummy
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January 05, 2015, 12:40:27 AM |
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The USD at least crashes slower
Rebounds slower too. The US dollar actually is the most stable currency in modern finance. By most measures it's price is very stable. Nice FUD. Care to explain? Yes the dollar does suffer from small amounts of inflation, however even after inflation is taken into consideration it is still very stable? |
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Edward50 (OP)
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January 05, 2015, 01:10:35 AM |
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The USD at least crashes slower
Rebounds slower too. does bitcoin rebound? Every time? For 6 years now. There's no reason for it to change now. If anything, these silly little dips should decrease in frequency. Time is on our side. Problem with this rebound theory is bitcoin is way too high in price. Rebound yes, but from 50 to 80. Not 265 to 1000. |
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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twiifm
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January 05, 2015, 01:15:11 AM |
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The USD at least crashes slower
Rebounds slower too. The US dollar actually is the most stable currency in modern finance. By most measures it's price is very stable. Nice FUD. Care to explain? Yes the dollar does suffer from small amounts of inflation, however even after inflation is taken into consideration it is still very stable? It is the international reserve currency after all. |
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TeeBone
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January 05, 2015, 01:33:35 AM |
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Ed - you can have your day in the sun now, after being mocked by the bulltroll cult for years. One of the few to expose Bitscam, and not waver. Good job, man. |
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BittBurger
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January 05, 2015, 01:36:09 AM |
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Nobody is buying into that cheap coin bullshit.
I dont consider $260 to be cheap coins. If I wanted to blow hundreds of dollars on a "share" of something, I'd go blow $50,000 on Google stock. Pretty sure they're going to go up in value too, but I dont hop on board there because hundreds is too expensive for me. Cheap coins are sub-$100. -B- |
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williamevanl
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January 05, 2015, 01:41:21 AM |
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Nobody is buying into that cheap coin bullshit.
I dont consider $260 to be cheap coins. If I wanted to blow hundreds of dollars on a "share" of something, I'd go blow $50,000 on Google stock. Pretty sure they're going to go up in value too, but I dont hop on board there because hundreds is too expensive for me. Cheap coins are sub-$100. -B- The price of a share is completely arbitrary and meaningless. Would you be okay to buy google stock if they just increased the # of stocks offered 100X decreasing the cost by that much? (same question for bitcoin we could make it 21 trillion 'Bitcoins' and give you 'cheap coins') |
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applesRyummy
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January 05, 2015, 02:19:16 AM |
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Nobody is buying into that cheap coin bullshit.
I dont consider $260 to be cheap coins. If I wanted to blow hundreds of dollars on a "share" of something, I'd go blow $50,000 on Google stock. Pretty sure they're going to go up in value too, but I dont hop on board there because hundreds is too expensive for me. Cheap coins are sub-$100. -B- sub 100 coins would be extremely cheap. I would somewhat doubt that we will go that low however. We appear to have strong support at the ~260 level and likely have strong support at levels below that as well. I would also buy up massive amounts of bitcoin if I could get them at sub 100 levels |
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