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Topic: Bitcoin price (Read 1793 times)

full member
Activity: 183
Merit: 100
October 06, 2014, 12:09:55 AM
#27
anyone buying right now is either completely blind or very bold. sells are only winers here. even if you think the price will moon later your still doing worse then if you were in fiat as it drops.


It's the lowest price of the year. It sounds logical to me that people are looking to buy now.
It is the lowest price so far this year, however I am hoping that it moves lower so I can hopefully have the opportunity to purchase a lot of bitcoin at 2012 levels

But you won't because you will be waiting for 2011 levels. I know the type Smiley
I would be satisfied with 2012 levels. The only reason why I did not buy in 2012 was because I was not aware about bitcoin back then. I have purchased smallish amounts over the past ~18 months or so, however I would have loved to have been able to buy well under $10
full member
Activity: 126
Merit: 101
Be Here Now
October 06, 2014, 12:07:27 AM
#26
WOW.

Looks suspiciously like a troll fud thread to me...  Roll Eyes
legendary
Activity: 1176
Merit: 1010
Borsche
October 05, 2014, 11:51:52 PM
#25
anyone buying right now is either completely blind or very bold. sells are only winers here. even if you think the price will moon later your still doing worse then if you were in fiat as it drops.


It's the lowest price of the year. It sounds logical to me that people are looking to buy now.
It is the lowest price so far this year, however I am hoping that it moves lower so I can hopefully have the opportunity to purchase a lot of bitcoin at 2012 levels

But you won't because you will be waiting for 2011 levels. I know the type Smiley
hero member
Activity: 966
Merit: 1000
It's Not Enough
October 05, 2014, 11:07:33 PM
#24
no-one will understand the official release and whales will take advantage selling, making a beartrap like the SilkRoad 2013 trap, then people will start posting explanations that bitlicense is indeed positive and we have bubble
full member
Activity: 183
Merit: 100
October 05, 2014, 10:55:21 PM
#23
anyone buying right now is either completely blind or very bold. sells are only winers here. even if you think the price will moon later your still doing worse then if you were in fiat as it drops.


It's the lowest price of the year. It sounds logical to me that people are looking to buy now.
It is the lowest price so far this year, however I am hoping that it moves lower so I can hopefully have the opportunity to purchase a lot of bitcoin at 2012 levels
hero member
Activity: 966
Merit: 1000
It's Not Enough
October 05, 2014, 07:08:30 AM
#22
we will end the day with 360 - 370 again,....
hero member
Activity: 966
Merit: 1000
It's Not Enough
October 05, 2014, 07:07:43 AM
#21
anyone buying right now is either completely blind or very bold. sells are only winers here. even if you think the price will moon later your still doing worse then if you were in fiat as it drops.


It's the lowest price of the year. It sounds logical to me that people are looking to buy now.

It is the lowest price of the year because people feel it might drop lower.  Smiley

Mining 1 btc cost is ~265 - 270 usd.
legendary
Activity: 1582
Merit: 1064
October 05, 2014, 07:03:23 AM
#20
anyone buying right now is either completely blind or very bold. sells are only winers here. even if you think the price will moon later your still doing worse then if you were in fiat as it drops.


It's the lowest price of the year. It sounds logical to me that people are looking to buy now.

It is the lowest price of the year because people feel it might drop lower.  Smiley
sr. member
Activity: 353
Merit: 250
Impossible
October 05, 2014, 06:59:33 AM
#19
anyone buying right now is either completely blind or very bold. sells are only winers here. even if you think the price will moon later your still doing worse then if you were in fiat as it drops.


It's the lowest price of the year. It sounds logical to me that people are looking to buy now.
hero member
Activity: 966
Merit: 1000
It's Not Enough
October 05, 2014, 06:45:38 AM
#18
anyone buying right now is either completely blind or very bold. sells are only winers here. even if you think the price will moon later your still doing worse then if you were in fiat as it drops.


donator
Activity: 784
Merit: 1000
October 05, 2014, 06:29:27 AM
#17
Now it's bear phase and nobody knows where is the bottom. Who knows, we may hit 300 and start next rally. Just make you bet.
Those who spent on bitcoin more than they can afford to lose are now dumping in panic and suffer huge losses.

sr. member
Activity: 353
Merit: 250
Impossible
October 05, 2014, 06:25:58 AM
#16
Quote
the majority of orders are 0.011 or 0.0212. and then there is an occassional order of 50-250 coins causing a wall, which stops price movements going beyond that wall.

Those orders vary by one satoshi each. It's mostly how they're listed that makes every order look small. Exchanges couldn't be faking trades in such a was thay it would cause the price to drop so much. Part of it is real, and I think this part is 95% or so. Exchanges are supposed to be the middleman for p2p trades. If someone doesn't have the money, he won't be able to trade (MtGox is an exception). Or else the exchange would be insolvent if trades with fake coins or money were made.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
October 05, 2014, 06:24:51 AM
#15
So what can you advise me? Withdraw money now or later?

It's hard to tell, depends on why did you get in the bitcoin in the first place. There's a possibility of a dead cat bounce/fake recovery. If it bounces back to $350 I recommend insta dump.
newbie
Activity: 43
Merit: 0
October 05, 2014, 06:21:36 AM
#14
So what can you advise me? Withdraw money now or later?

This forum is a worst place for seeking advice. Just do research yourself and make conclusion.




I do not know what determines the price of bitcoin. And i really have no time for research Sad
donator
Activity: 784
Merit: 1000
October 05, 2014, 06:18:24 AM
#13
So what can you advise me? Withdraw money now or later?

This forum is a worst place for seeking advice. Just do research yourself and make conclusion.


newbie
Activity: 43
Merit: 0
October 05, 2014, 06:15:24 AM
#12
So what can you advise me? Withdraw money now or later?
donator
Activity: 784
Merit: 1000
October 05, 2014, 06:12:19 AM
#11
You don't need to be a prophet to see a naturally occurring ponzi scheme unraveling.

All I see is people making huge profits on shorts Wink
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
October 05, 2014, 06:05:36 AM
#10
Hello, sorry for my English.
Can you tell me why the bitcoin price so low? Can anyone tell me will it go up?


Cultists, bulltards, whales, devs, early adopters and industry insiders are all dumping their stash, since they know the ponzi scheme is coming to an end. Plus: Miners got bills to pay, so they can't hold a rapidly depreciating asset. Thus they sell every coin they mine. This makes Bitcoin spiral further down, faster and faster.

No, price will not go back up. But there will probably be a few dead cat bounces along the way to zero. Expect double digit prices in a week or two.

Doomsday prophet Smiley


You don't need to be a prophet to see a naturally occurring ponzi scheme unraveling.
donator
Activity: 784
Merit: 1000
October 05, 2014, 05:58:56 AM
#9
Hello, sorry for my English.
Can you tell me why the bitcoin price so low? Can anyone tell me will it go up?


Cultists, bulltards, whales, devs, early adopters and industry insiders are all dumping their stash, since they know the ponzi scheme is coming to an end. Plus: Miners got bills to pay, so they can't hold a rapidly depreciating asset. Thus they sell every coin they mine. This makes Bitcoin spiral further down, faster and faster.

No, price will not go back up. But there will probably be a few dead cat bounces along the way to zero. Expect double digit prices in a week or two.

Doomsday prophet Smiley
sr. member
Activity: 476
Merit: 250
October 05, 2014, 05:55:17 AM
#8
Hello, sorry for my English.
Can you tell me why the bitcoin price so low? Can anyone tell me will it go up?


Cultists, bulltards, whales, devs, early adopters and industry insiders are all dumping their stash, since they know the ponzi scheme is coming to an end. Plus: Miners got bills to pay, so they can't hold a rapidly depreciating asset. Thus they sell every coin they mine. This makes Bitcoin spiral further down, faster and faster.

No, price will not go back up. But there will probably be a few dead cat bounces along the way to zero. Expect double digit prices in a week or two, at most. That will be the time to buy "cheap coins". Still, no one will do so.
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