The price is going down because of inertia.
Inertia. Up or down, that is where a lot of people lose money. It's also where a lot of people make money.
Topic: Any reason why are bitcoin price still going down? (Read 1671 times)
Inertia. Up or down, that is where a lot of people lose money. It's also where a lot of people make money.
I knew there was a super cool hip trading word for it.
The price is going down because of inertia. Once a large drop starts, it needs a strong upward trend to break it.
Ok, only 4000 coins stolen?
All sold at once on bitstamp would bring prize from current 602 to 570 for the moment. Not a big deal at all is it.
All sold at once on bitstamp would bring prize from current 602 to 570 for the moment. Not a big deal at all is it.
the price is going down because miners are wasting 3 million dollars per day on keeping your bitcoins valuable
Those electrons could have fed starving children on Mars ..
the price is going down because miners are wasting 3 million dollars per day on keeping your bitcoins valuable
Bitstamp has also suspended withdrawals.
http://www.latimes.com/business/hiltzik/la-fi-mh-bitcoin-a-new-rip-20140211,0,1065852.story
http://www.latimes.com/business/hiltzik/la-fi-mh-bitcoin-a-new-rip-20140211,0,1065852.story
Wow. Breaking news!
Three days ago.
Bitstamp has also suspended withdrawals.
http://www.latimes.com/business/hiltzik/la-fi-mh-bitcoin-a-new-rip-20140211,0,1065852.story
http://www.latimes.com/business/hiltzik/la-fi-mh-bitcoin-a-new-rip-20140211,0,1065852.story
This really looks bad, It's Winter, the weather sux and now bitcoin going down. I can understand now why those bankers killed themselves 
Probably because literally everywhere you look you hear "Bitcoin", "Exploit", "Stolen", "Theft", "Unrecoverable" and "Lost" all in the same sentence, that's never good PR.
Hmm... I remember living through something like this before.
Probably because literally everywhere you look you hear "Bitcoin", "Exploit", "Stolen", "Theft", "Unrecoverable" and "Lost" all in the same sentence, that's never good PR.
So when the time gold drop , Bitcoin rocket ! 
It have been running from around 600-650 for the whole day , does that mean a lot of big shark are throwing thier coin ?
Just markets being markets in a tiny and very new thing. Also this belongs to the speculation sub-forum.
Interesting watching gold shoot up at the same time as this is crashing. Just a coincidence probably.
BUY BUY BUY!!! It's on it's way back up, boys!
BUY BUY BUY!!!
I don think the silkroad have anything to do with this , but what i see is mtgox dragging may be people panic : (
Possibly the recent news of SilkRoad 2.0 being hacked for 4000 BTC scaring ppl too..
The collapse of GOX is dragging everyone down.
It have been running from around 600-650 for the whole day , does that mean a lot of big shark are throwing thier coin ?
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