Climbing back up already...
I wouldn't say it's climbing back up, it's constantly dropping and rising.
Topic: Bitcoin at $112! - page 4. (Read 5528 times)
I wouldn't say it's climbing back up, it's constantly dropping and rising.
It's a good time to buy, but WILL it drop even more is the question?
Climbing back up already...
ish, not falling as fast is probably a better description.
Bitpay is cashing out kncminer's pre-order bitcoin for USD, i guess that's in the magnitudes of millions of USD 
I thought you didn't have to pay upfront for KNC's?
Climbing back up already...
I guess those gigantic hashing machines operate all at once. Too much competition. But somehow or other someone will go in to support the prices. Bitcoin price drop will affect the VCs and angel capitals that have invested in Bitcoin projects and they have invested hundreds of millions.
No it won't.
VC's invested in Bitcoin exchanges and other services, not in Bitcoin itself. The price really doesn't matter.
I guess those gigantic hashing machines operate all at once. Too much competition. But somehow or other someone will go in to support the prices. Bitcoin price drop will affect the VCs and angel capitals that have invested in Bitcoin projects and they have invested hundreds of millions.
And all of those millions were not converted to BTC. They are being spent on programmers, servers, and advertising. The VC's are investing USD now to earn BTC in the future. If Bitcoin price falls, they just earn more BTC when the future comes.
I guess those gigantic hashing machines operate all at once. Too much competition. But somehow or other someone will go in to support the prices. Bitcoin price drop will affect the VCs and angel capitals that have invested in Bitcoin projects and they have invested hundreds of millions.
Bitpay is cashing out kncminer's pre-order bitcoin for USD, i guess that's in the magnitudes of millions of USD
that´s what i would call counter productive.
all the millions of dollars going into mining projects in the last couple of months -- what affects could this have on the bitcoin price?
Well someone just bought a big chunk of it not sure if its going to buck the trend though.
Bitpay is cashing out kncminer's pre-order bitcoin for USD, i guess that's in the magnitudes of millions of USD
Because Mr. Manipulator is back and he wants the price to go down, have a look at that beautiful 6k ask wall.
Mtgox don't accept receiving or sending of funds until you are verified. Still waiting for the verification 
Yeah just saw this, seem to start some time last night (UK time)
Few small sells dropping the price aggresively and then suddenly this morning boom massive sell off.
Manipulation?
Few small sells dropping the price aggresively and then suddenly this morning boom massive sell off.
Manipulation?
nice time to buy 
Really drop a lot! Anyone know what happen? I don't see any unpleasant news on Bitcoin at all. In fact a lot of positive news.
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