blatchcorn (OP)
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January 31, 2015, 04:20:03 PM |
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This never gets discussed and no reasons immediately spring to mind
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knight22
Legendary
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Activity: 1372
Merit: 1000
--------------->¿?
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January 31, 2015, 04:27:57 PM |
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Expectations where much higher than the real market growth. Also, greed cycles tend to be much more sudden and powerful than fear and return to mean cycles.
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NotHatinJustTrollin
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Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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January 31, 2015, 04:33:19 PM |
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Because there is no demand and the price is not bound to go anywhere but slowly down?
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knight22
Legendary
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Activity: 1372
Merit: 1000
--------------->¿?
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January 31, 2015, 04:39:12 PM |
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Because there is no demand and the price is not bound to go anywhere but slowly down?
The market is unilateral and has no spectrum right? Troll logic.
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NotHatinJustTrollin
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Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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January 31, 2015, 04:43:37 PM |
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Because there is no demand and the price is not bound to go anywhere but slowly down?
The market is unilateral and has no spectrum right? Troll logic. For a new strong bull market the amount of fiat hitting exchanges would be gigantic and we are not seeing it. There is evidence that demand is actually decreasing (while supply keeps increasing of course).
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Torque
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Activity: 3738
Merit: 5331
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January 31, 2015, 04:45:26 PM |
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I have the weird feeling we're gonna start creeping up, higher highs and higher lows coming. Once we cross 300 again to the upside and stay there, bears are going to get nervous.
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knight22
Legendary
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Activity: 1372
Merit: 1000
--------------->¿?
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January 31, 2015, 04:45:37 PM |
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Because there is no demand and the price is not bound to go anywhere but slowly down?
The market is unilateral and has no spectrum right? Troll logic. For a new strong bull market the amount of fiat hitting exchanges would be gigantic and we are not seeing it. There is evidence that demand is actually decreasing (while supply keeps increasing of course). Evidences are showing equilibrium is near to be reached.
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 31, 2015, 04:57:29 PM |
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Because a lot of people got the "moon" from Coinbase instead of Coinbase taking us to the moon
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Mellnik
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January 31, 2015, 08:09:33 PM |
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A controlled Bitcoin bubble, "capitulation" is the wrong word here. It's far from any capitulation.
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ParabellumLite
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January 31, 2015, 08:28:50 PM |
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Simply because we haven't reached capitulation yet. You are thinking of a phase we still have to reach.
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DonQuijote
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Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
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January 31, 2015, 08:31:40 PM |
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It isnt slow, dont worry
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THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA
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Malin Keshar
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January 31, 2015, 09:11:32 PM |
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just 13 months of bear market
Y really slow
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Wekkel
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Activity: 3108
Merit: 1531
yes
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January 31, 2015, 09:28:23 PM |
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Simply because we haven't reached capitulation yet. You are thinking of a phase we still have to reach.
Indeed. No sign of desperation yet.
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gustav
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January 31, 2015, 10:41:42 PM |
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This never gets discussed and no reasons immediately spring to mind
Why is capitulation slow? Well, because the sellpressure from the miners isn't so rapid. The slow death of btc might accelerate however past the 200$-mark
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H1N1
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February 01, 2015, 01:25:58 AM |
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Too many people with hopes, dreams, and lots of money invested. We'll see a lot more blood in the streets before this is over.
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Nagle
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Activity: 1204
Merit: 1002
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February 01, 2015, 08:13:14 AM |
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Partly because the China bubble didn't pop all at once. As with many actions of the government of China, pressure to stop doing something was gradually increased over time. Remember all those posts on here that "nothing was changing in China"? Well, it was. It took a while for the bubble to deflate.
Bitcoin has had two major bubbles - Silk Road drugs and China exchange controls. Both are over. The question is, what is Bitcoin worth if it's no good for getting away with illegal transactions?
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Nagle
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Activity: 1204
Merit: 1002
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February 01, 2015, 08:18:27 AM |
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The slow death of btc might accelerate however past the 200$-mark It's getting very close to $200 again. Today's low was $210. Around $215 now.
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cbeast
Donator
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Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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February 01, 2015, 08:51:19 AM |
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"You can shear a sheep many times, but skin it only once."
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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H1N1
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February 01, 2015, 10:11:34 PM |
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"You can shear a sheep many times, but skin it only once."
The best quote.
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ajareselde
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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February 01, 2015, 11:32:28 PM |
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"You can shear a sheep many times, but skin it only once."
The best quote. .. and best for describing current situation on the market right now :] but how long will the bear market remain.. til year's end, or even longer
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