DogecoinMachine
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Activity: 2871
Merit: 1131
www.Crypto.Games: Multiple Games, Multiple Coins
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January 14, 2015, 08:37:07 AM |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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awais3344_1
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January 14, 2015, 08:44:02 AM |
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we just seen speculater haven?)
any one got any realistic explenation about what is going on?
probably bitstamp crashing it down. so they can buy back at $50 each.. |
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Nagle (OP)
Legendary
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Activity: 1204
Merit: 1000
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January 14, 2015, 08:47:11 AM |
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One possibility is that traders, reasonably enough, have cut back on how much cash they keep on Bitstamp. This allows bigger swings at night, when few are trading, banks are closed, nobody can wire money in, and there's limited cash for buying. That may be how the price dropped to $152 so fast. Now it's back around $180 and reasonably steady.
Soon the UK will wake up, followed by the US. A lot of people in the Bitcoin world are going to be very unhappy tomorrow and will have to make some hard decisions. I don't think many will want to pour more cash into Bitcoin right now.
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Addition
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January 14, 2015, 08:47:33 AM |
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we just seen speculater haven?)
any one got any realistic explenation about what is going on?
probably bitstamp crashing it down. so they can buy back at $50 each.. perhaps they already have (but @$154)... |
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Dioptriy
Member
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Activity: 152
Merit: 10
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January 14, 2015, 08:47:48 AM |
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finaly someone that makes any sens)
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wex nz took all my money. if you can help in anyway pls contact me
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Addition
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January 14, 2015, 08:49:17 AM |
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One possibility is that traders, reasonably enough, have cut back on how much cash they keep on Bitstamp. This allows bigger swings at night, when few are trading, banks are closed, nobody can wire money in, and there's limited cash for buying. That may be how the price dropped to $152 so fast. Now it's back around $180 and reasonably steady.
Soon the UK will wake up, followed by the US. A lot of people in the Bitcoin world are going to be very unhappy tomorrow and will have to make some hard decisions. I don't think many will want to pour more cash into Bitcoin right now.
A few of us are considering it  |
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awais3344_1
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January 14, 2015, 08:50:36 AM |
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One possibility is that traders, reasonably enough, have cut back on how much cash they keep on Bitstamp. This allows bigger swings at night, when few are trading, banks are closed, nobody can wire money in, and there's limited cash for buying. That may be how the price dropped to $152 so fast. Now it's back around $180 and reasonably steady.
Soon the UK will wake up, followed by the US. A lot of people in the Bitcoin world are going to be very unhappy tomorrow and will have to make some hard decisions. I don't think many will want to pour more cash into Bitcoin right now.
Agreed with last part. For those playing trades. Would be best for them to sell now and buy back after the UK wakes up. Not a good time to hold atm. |
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sam4aplex
Newbie
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Activity: 56
Merit: 0
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January 14, 2015, 08:58:45 AM |
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Bitcoin is finished , 10 min confirmation time is no good ! never has been ! We need a new leader  |
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thirdprize
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January 14, 2015, 09:08:46 AM |
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I knew this would happen and stopped accepting bitcoin as a primary currency
You had to be crazy to miss it ! this was so obvious !!
wow you're so smart when I grow up I wish to be just like you !! Well, if you had looked at any Btc graphs over the last year you would have seen lots of going down, precious little going up and no sign of flattening out yet. Still a long way from the bottom.  |
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nwfella
Legendary
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Activity: 1582
Merit: 1000
Well hello there!
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January 14, 2015, 09:11:53 AM |
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Currently $205 on Bitstamp...that kitty sho do bounce pretty high!
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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Cluster2k
Legendary
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Activity: 1692
Merit: 1018
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January 14, 2015, 09:14:12 AM |
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Clearly the person who sold so many bitcoins, so quickly, is mentally unstable. Drunk at best. I don't buy the argument that 'they're creating panic by making massive losses now, to buy more'. It just doesn't make sense and there is no guarantee other speculators won't just dump and continue dumping.
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SimplisticStu
Full Member
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Activity: 154
Merit: 100
♥Bitcoin-Ethereum-Ripple♥
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January 14, 2015, 09:15:27 AM |
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One possibility is that traders, reasonably enough, have cut back on how much cash they keep on Bitstamp. This allows bigger swings at night, when few are trading, banks are closed, nobody can wire money in, and there's limited cash for buying. That may be how the price dropped to $152 so fast. Now it's back around $180 and reasonably steady.
Soon the UK will wake up, followed by the US. A lot of people in the Bitcoin world are going to be very unhappy tomorrow and will have to make some hard decisions. I don't think many will want to pour more cash into Bitcoin right now.
I disagree, I'm waking up to the news here in the UK and I am willing to buy more as the price comes down and hold as is my strategy with my existing coins. Some call me foolish for staying on the train, but many share my view of a strong recovery in the long haul. |
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MatTheCat
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January 14, 2015, 09:18:49 AM |
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Currently $205 on Bitstamp...that kitty sho do bounce pretty high!
Look at the volume though! And the 'recovery' was lead on Bitfinex. And that was a short squeeze. |
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rkinnin
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January 14, 2015, 09:56:36 AM |
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I watched this plummet to $150ish on my 2nd monitor. Exciting day.
What site ( URL ) are you following mainly? |
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illodin
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January 14, 2015, 12:10:27 PM |
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I watched this plummet to $150ish on my 2nd monitor. Exciting day.
What site ( URL ) are you following mainly? redtube.com pornhub.com mainly. |
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jubalix
Legendary
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Activity: 2618
Merit: 1022
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January 14, 2015, 12:50:52 PM |
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oh no the graph...except it doesnt apply the BTC graph already looks way different to that. |
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HarmonLi
Sr. Member
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Activity: 350
Merit: 250
Honest 80s business!
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January 14, 2015, 01:33:01 PM |
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If this hasn't been the real bottom, we'll see it tomorrow or the day after that. Things are moving very very fast now. It seems that we are finally trying to locate the real bottom. Can't stand the whole bleeding out anymore!
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crazy-pilot
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January 14, 2015, 01:35:44 PM |
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I find it very exciting and spread buy across the day and days.
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HarmonLi
Sr. Member
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Activity: 350
Merit: 250
Honest 80s business!
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January 14, 2015, 01:38:12 PM |
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I find it very exciting and spread buy across the day and days.
Do you just buy or do you also try to short and sell at times? I think it is very wise to have at least a decent amount of FIAT left to buy if we achieve really freakish levels. I mean we are already at unsettling levels, but we may not have seen the bottom, unfortunately... |
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kolloh
Legendary
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Activity: 1736
Merit: 1023
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January 14, 2015, 01:43:14 PM |
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If this hasn't been the real bottom, we'll see it tomorrow or the day after that. Things are moving very very fast now. It seems that we are finally trying to locate the real bottom. Can't stand the whole bleeding out anymore!
Yeah this bleeding is frustrating. |
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