But yes the rollercoaster ride starts once again
Topic: Bitcoin price back @ 478$ again ... - page 3. (Read 3457 times)
Hmm maybe a large whale dumping or a Bot being exploited...
But yes the rollercoaster ride starts once again
But yes the rollercoaster ride starts once again
Price won't dip much. It's obvious something shady is going on and most weak hands are long gone.
Yeah, it's true that most likely the majority of the 'weak' hands has been shaken out by now. But who knows, I guess there's still some money to be taken there. The shady stuff may be due to the bot on BTC-e!
Price won't dip much. It's obvious something shady is going on and most weak hands are long gone.
Yeah, it's true that most likely the majority of the 'weak' hands has been shaken out by now. But who knows, I guess there's still some money to be taken there. The shady stuff may be due to the bot on BTC-e!
Price won't dip much. It's obvious something shady is going on and most weak hands are long gone.
That crazy bot on BTC-e that's going berserk! I don't know quite yet the exact workings, but I'm sure that the bot is the one to blame! I mean, has anyone provided a thorough analysis and explanation of what is currently happening there?
My first impression is that it looks familiar to this BTC China bot that got exploited (kettled) with bid/ask.
That crazy bot on BTC-e that's going berserk! I don't know quite yet the exact workings, but I'm sure that the bot is the one to blame! I mean, has anyone provided a thorough analysis and explanation of what is currently happening there?
The rollercoaster ride starts again.. 
Why people are searching always for reasons? It's too murky and there are a lot of possible reasons, quite probably "the reason" is mix of all of them and maybe some more that we don't have in mind.
Negative TA is mirroring a negative market sentiment. Negative dynamic is building up more momentum and we get a doom loop.
It will end, when we find strong support, most likely somewhere between 440 - 300.
Negative TA is mirroring a negative market sentiment. Negative dynamic is building up more momentum and we get a doom loop.
It will end, when we find strong support, most likely somewhere between 440 - 300.
Its because the large companies instantly convert all their Bitcoin from transactions into fiat currency....
What may have caused this and after the brief rise in value why the dip ?
i told ya many times before, ever listened?
goxed,no one with a college degree will invest any serious sums into bitcoin after MTGOX fiasco, The market is currently only a playground for gamblers and fanatics
51% pool (easy came easy gone easy return)
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k)
no new money
governments warning and banning
many scam IPOs including Ethereum and others
everyone is selling / spending
Dell / Expedia / Newegg / House dealer / etc are selling in real time
Winklevoss ETF will actually be shot down
GABI is already priced in
Dubai exchange won't create any thing new
etc..
Bitcoin will continue the downtrend, according to a research note by finance giant Citi. The two main factors that the Bank blames for the price going down are miners and merchants. Citi estimates that mining adds around 3,500 new bitcoins ($1.75 million) every day. Because of the ever increasing difficulty of mining, the majority of these coins are quickly liquidated on the market to cover electricity, cooling and other costs.
”If the miners are a steady source of supply and there is no increase in final demand, we have this overhang of bitcoin being sold in the market. In consequence, we have downward price pressures.”
Citi also thinks that the large merchants that have recently adopted bitcoin (DELL, DISH) will be a net negative for the cryptocurrency. Due to regulatory and accounting rules, these corporations can’t hold the bitcoins they receive, even if they wanted to do so. They have to sell them as soon as possible to avoid taking on ”speculative risk”, thus contributing to lower prices.
What may have caused this and after the brief rise in value why the dip ?
Jump to: