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Question: What is the buttom of this CRASH?? What is your guess?  (Voting closed: March 25, 2015, 11:41:13 AM)
250 - 47 (52.8%)
200 - 12 (13.5%)
150 - 8 (9%)
100 - 5 (5.6%)
50 - 17 (19.1%)
Total Voters: 89

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Author Topic: Current CRASH of 18/3-2015  (Read 2775 times)
Somekindabitcoin
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March 19, 2015, 07:21:29 AM
 #21

I don't think it's over yet. That evolution drug scam site could cause a much bigger dent than what happened today. That would be 12,000,000 bucks; Enough to clear many buy walls. Then we have all these US Marshall sales and now Australia (I think it was Australia) selling off another 20k bitcoins. I see 150 as the bottom
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March 19, 2015, 07:51:11 AM
 #22

I don't think it's over yet. That evolution drug scam site could cause a much bigger dent than what happened today. That would be 12,000,000 bucks; Enough to clear many buy walls. Then we have all these US Marshall sales and now Australia (I think it was Australia) selling off another 20k bitcoins. I see 150 as the bottom
And i see you as a little bit too mutch negative guy.
An bitcoin auction never drove the prices low and we had multiple in our history, the fall could be only done if the evolution admin would dump big ammount or all of the coins on market wich would be stupid as he could get tracked really easily then.
Howgh.

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March 19, 2015, 08:28:08 AM
 #23

I don't think it's over yet. That evolution drug scam site could cause a much bigger dent than what happened today. That would be 12,000,000 bucks; Enough to clear many buy walls. Then we have all these US Marshall sales and now Australia (I think it was Australia) selling off another 20k bitcoins. I see 150 as the bottom

I think this has something to do with the crash....facebook to allow $$ xfer among your friends on facebook, etc

http://money.cnn.com/2015/03/17/technology/facebook-messenger-payments/


so everyone wants to use the blockchain to xfer money ..but no one who is in the process of making such (IBM etc) seems in any way to want it to be a 'decentralized' network ...they want to 'control' virtual currency as their main goal (apple pay as an example)

back to the old days again ...open internet or the closed internet like AOL wanted ...metered by use

same sh*t different decade....got to keep us 'minions' down in the 40/day work week mines don't ya know (who'd polish the Porsche?)




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uki
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March 19, 2015, 10:27:08 AM
 #24

I don't think it's over yet. That evolution drug scam site could cause a much bigger dent than what happened today. That would be 12,000,000 bucks; Enough to clear many buy walls. Then we have all these US Marshall sales and now Australia (I think it was Australia) selling off another 20k bitcoins. I see 150 as the bottom
And i see you as a little bit too mutch negative guy.
An bitcoin auction never drove the prices low and we had multiple in our history, the fall could be only done if the evolution admin would dump big ammount or all of the coins on market wich would be stupid as he could get tracked really easily then.
Howgh.
both news auction and a crash of a money-laundering place were important and made impact at the first time they appeared. Each and every consecutive news of that kind has relatively less impact, as people are not that 'shocked' any more. Also each day there are more and more fundamental reasons to keep the Bitcoin price afloat. Thus, the trend reversal we observe and relatively little drops on 'bad news'.
 

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March 19, 2015, 08:08:41 PM
 #25

Downhill all the way from here  Roll Eyes
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March 19, 2015, 10:46:43 PM
 #26

I don't think it's over yet. That evolution drug scam site could cause a much bigger dent than what happened today. That would be 12,000,000 bucks; Enough to clear many buy walls. Then we have all these US Marshall sales and now Australia (I think it was Australia) selling off another 20k bitcoins. I see 150 as the bottom
And i see you as a little bit too mutch negative guy.
An bitcoin auction never drove the prices low and we had multiple in our history, the fall could be only done if the evolution admin would dump big ammount or all of the coins on market wich would be stupid as he could get tracked really easily then.
Howgh.
both news auction and a crash of a money-laundering place were important and made impact at the first time they appeared. Each and every consecutive news of that kind has relatively less impact, as people are not that 'shocked' any more. Also each day there are more and more fundamental reasons to keep the Bitcoin price afloat. Thus, the trend reversal we observe and relatively little drops on 'bad news'.
 

You have a point, but regarding the auctions: those Bitcoins were all sold off market. The guy behind that evolution thing can only sell it on the markets, unless he got some really good contacts. If the markets have to absorb tens of millions worth of Bitcoins this could indeed turn very ugly.

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March 19, 2015, 11:48:03 PM
 #27

one part of me hopes it goes down more so I can buy more cheap Bitcoins  Wink

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March 20, 2015, 12:25:58 AM
 #28

one part of me hopes it goes down more so I can buy more cheap Bitcoins  Wink

The problem is you will never be sure of when to go in... or when to get out.


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March 20, 2015, 03:42:33 AM
 #29

I dont think price will go much lower than 250$ this time. We are just finding new floor and that is around 250 in my opinion. Soon we should have uptrend again.
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March 20, 2015, 05:04:43 AM
 #30

It is funny how Evolution with its revolutionary system to prevent scams: "The site gained users’ trust by offering a feature known as “multi-signature transactions,” designed to prevent exactly the sort of bitcoin theft its administrators are now accused of. (That system, would require at least two out of three parties in a transaction—the buyer, the seller, and Evolution’s administrators—to sign off on a deal." Turned out to be scam. Thank you Evelution for shaking bitcoin price. But I think price downfall will be short. Price will drop to $250 max.
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March 20, 2015, 04:28:41 PM
 #31

10-15% movemeents arent "crashes", just price swings.  BTC has shown you should expect this range of movemnt in any given day
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March 20, 2015, 05:02:30 PM
 #32

Don't get too excited. I would wait for a few hours to confirm on the trend. Even if it is really a crash, then I wouldn't mind slightly. Just go ahead and let's see how low it can go. I've already got my funds put on standby. And thanks to those people who decided to sell and allow me the chance to buy it so cheap.
It's going to probably test 230 over the next weeks... the good news are coming in non stop for sure, but we still need the common pleb to get their heads around BTC for a solid amount of money coming in.
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March 20, 2015, 05:28:02 PM
 #33

not too much under 250 imho, we may touch sub 225 for a bit, but it will stay there
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March 20, 2015, 05:33:37 PM
 #34

not too much under 250 imho, we may touch sub 225 for a bit, but it will stay there

hard to say if it will drop there again.  I think if we do go that low, its gonna be for a fw hours at most
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