many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/
Trendline from 620 is... UPWARDS..
Topic: 2014-06-04 Crash - page 2. (Read 3468 times)
Trendline from 620 is... UPWARDS..
We're right at 652$, recovered 50% from the crash. Do you think it's a dead cat bounce?
Could be, but we recovered 100% from the last crash. I suspect this will go up a bit higher yet (~75%).
This is just a normal dump, if the price would have dropped from 680$ to 400-450$ could have been called crash.
Every time the price moves a few bucks there always has to be a huge secret plot. Why not just think supply is getting ahead of demand?
many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/
Ding ding ding! Ladies and gentlemen, here we have the DAILY CLOWN!!!!!!!!!
Has the chart EVER been right!?
We're right at 652$, recovered 50% from the crash. Do you think it's a dead cat bounce?
Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?
Bitcoin is a project created by the NSA in order to take money from the crazy anti-government libertarian movement, by getting them to invest all of their money into the project and then pulling the plug.
The problem is those wacko libertarians then invested not just their money but also their time building more and more services on top of bitcoin and popularizing it into a larger movement. Seriously who builds things anymore? No one in the government foresaw that coming.
Now the NSA is desperately trying to shut bitcoin down, but too many people are supporting the network and more and more people keep viewing every price drop as a buying opportunity, so their attacks are less and less impactful.
At least that is my theory for today's crash, it is as good as anyone else's theory and just as provable as far as I can tell.
If that theory were true (I subscribe to it), then the NSA would have 1.5 MBTC.
They could pull the plug on Bitcoin at will.
Somehow, I rather more suspect that traders are taking profits after a huge price hike once Bitcoin looked like it wasn't going to break (or be pushed) up out of it's 'bullish' cup n handle formation.
Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?
crash he says.. lol
keep chillin'
look at the charts around nov/dec 2013. On its way up BTC would gain 20%, then lose 5% quickly. Then it would head right back up. I wouldn't call anything less that a 10% drop a "crash"
Crash? Wait until it drops to 450$ and then call it crash. It's just that the pump is over, time to profit.
Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?
Fundamental reason? What?? lol. Have you ever heard of a retracement, and volatility? IT's probably going even lower than 620, perhaps to 550, but it's still just a retracement with no fundamental reason. The whole quick jump from 440 to 680 needs to be retraced and a retracement of 50% of a move is typical in bitcoin. 
many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/
Lol, go on, base your predictions on this website.
Everytime i checked it, it predicted nothing. Totally broken.
in our china , china ban bitcoin again,, as we all know,it is just a rumour again, someone want cheap btcoins.f*k china.
Crash? More like a correction or bear trap
looks like the ramp up from 122 to 202 last year 
using the mighty "what happened will happen again"-paradigm 
, expect the bitcoin-train to go choo-choo in ~7 days
using the mighty "what happened will happen again"-paradigm , expect the bitcoin-train to go choo-choo in ~7 days 
many dumps happening, we are going back to $400 and $300 fast once we successfully break $600, check price trend at here: http://www.btcpredictions.com/
Ding ding ding! Ladies and gentlemen, here we have the DAILY CLOWN!!!!!!!!!
Yes, not a crash. If no one is making money at a stagnant price, then the price has to change.
The curious thing is that this is the second time it crashes from 670 .. is there any particular resistance there? It seems like it will take a little to break that barrier
Blockchain and Blockexplorer having difficulties very recently. Something apparently wrong with both of their dbs and they appear out of sync. They display normally at first (outside of last block being over an hour and a half ago), but are showing 0 balances and searches aren't functioning properly.
Whether or not that's even relevant is arguable. It's Bitcoin and the price has been bouncing around a lot lately. It happens.
Whether or not that's even relevant is arguable. It's Bitcoin and the price has been bouncing around a lot lately. It happens.
is this really a crash? I have been noticing this trend when it was around 420 and then went higher. It would go high high then settle down then slowely (every 2-4 days) the price would rise.
ie 420 then 470 settle 450 then 520 then settle around 500 etc etc
ie 420 then 470 settle 450 then 520 then settle around 500 etc etc
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