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Topic: Bitcoin Price | Flash Crash (Read 5713 times)

newbie
Activity: 28
Merit: 0
August 18, 2014, 08:18:47 PM
#27
partys over  : sweep the books to $150 ...weeee  Kiss
member
Activity: 109
Merit: 10
August 18, 2014, 08:11:42 PM
#26
Anyone think it will sink below $400?
When bitcoin dropped back to $800 I sold a lot. I valued it at $375.
Then it hit $600 and I sold more. But companies like newegg had come on board and btc had weathered a few storms without flinching and I raised my floor value to $450. It hovered near $600 for a long time and I started to wonder if I hadn't missed this boat.
A few more businesses started taking btc and there was some other good news and I moved the floor to $470. Which we crossed today and I put those funds back in.
Could it go lower? Sure, and personally I hope there is a quick panic as I will buy all the way down.
It should spring back to this level at least and then climb as the market dictates.
Just my 2 cents.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
August 18, 2014, 08:10:56 PM
#25
Anybody know what is happening with the price? I hate this low price BTC will be useless if the price is low.
The price of a bitcoin does not affect its usefulness. It is just as useful at $1 as it is at $1000.
Are you kidding me ? 1usd means btc is totally useless like shit .

It is no harder to send 100 BTC than it is to send 1 BTC. If I want to buy something at overstock.com or send money to relatives in Argentina, the exchange rate doesn't make Bitcoin any more or less useful. Perhaps you could explain what you mean by "useless".

What he means is he doesn't understand what Bitcoin is and how it works. He thinks it's an investment platform.
legendary
Activity: 4466
Merit: 3391
August 18, 2014, 08:05:17 PM
#24
Anybody know what is happening with the price? I hate this low price BTC will be useless if the price is low.
The price of a bitcoin does not affect its usefulness. It is just as useful at $1 as it is at $1000.
Are you kidding me ? 1usd means btc is totally useless like shit .

It is no harder to send 100 BTC than it is to send 1 BTC. If I want to buy something at overstock.com or send money to relatives in Argentina, the exchange rate doesn't make Bitcoin any more or less useful. Perhaps you could explain what you mean by "useless".
sr. member
Activity: 476
Merit: 250
August 18, 2014, 07:50:38 PM
#23


Actual price: $445. What do u think? Are we going up?

Anybody can explain what happened yesterday. And if the BTC falling down will continue.
It is likely due to margin calls on both btc-e and bitfinex. Both exchanges allow for margin trading and both sites have shown signs of the amount of funds available to borrow shrink as people do not want to risk loosing their bitcoin that they lend out. This causes people to be forced to sell their long position when they cannot borrow to continue to carry their position which causes prices to fall which causes people to have critically low equity in their account causing the exchange to force close long positions.
newbie
Activity: 16
Merit: 0
August 18, 2014, 07:23:25 PM
#22
Anybody know what is happening with the price? I hate this low price BTC will be useless if the price is low.

The price of a bitcoin does not affect its usefulness. It is just as useful at $1 as it is at $1000.


Are you kidding me ? 1usd means btc is totally useless like shit .
legendary
Activity: 4466
Merit: 3391
August 18, 2014, 06:58:43 PM
#21
Anybody can explain what happened yesterday. And if the BTC falling down will continue.

My Magic Eight Ball TM says, "My sources say no."
newbie
Activity: 36
Merit: 0
sr. member
Activity: 406
Merit: 250
AltoCenter.com
August 18, 2014, 06:49:01 PM
#19
Dont sell yet, market will be up by today. Cool Cool
legendary
Activity: 4466
Merit: 3391
August 18, 2014, 06:46:14 PM
#18
Anybody know what is happening with the price? I hate this low price BTC will be useless if the price is low.

The price of a bitcoin does not affect its usefulness. It is just as useful at $1 as it is at $1000.
full member
Activity: 203
Merit: 100
August 18, 2014, 06:40:50 PM
#17
This is a great time to buy, the price may double or triple before the year ends. In Bitcoin we trust!
newbie
Activity: 59
Merit: 0
August 18, 2014, 06:26:06 PM
#16
yes it will drop below 300 before it moves back to 1000
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
August 18, 2014, 04:56:16 PM
#15
Sage Beliathon sayeth:

At $450 per BTC, we have retouched the foundation, we have hit "bedrock". This be an excellent time to buy.  Cool

Remember, I told you so.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
August 18, 2014, 04:53:49 PM
#14
Anybody know what is happening with the price? I hate this low price BTC will be useless if the price is low.

 not sure if Karpeles is one of those that keeps dumping.


I think he is.
sr. member
Activity: 252
Merit: 250
August 18, 2014, 04:53:11 PM
#13
i wonder whats causing the prices lately
ethereum selling off bitcoins to pay expenses is one cause
maybe a side effect of the nxt drama recently
anyways more cheap coins for everyone
sr. member
Activity: 381
Merit: 250
August 18, 2014, 04:41:06 PM
#12
Actual price: $445. What do u think? Are we going up?

Flash a-ah

I am really curious what the price will be like this Friday Night United States, I have a feeling it will either be well above 500 or below 400. I can't imagine the price will stay this low after this Thursday/Friday, I know many people are trying to pool fiat to make purchases at this price. Friday is payday for alot of people, maybe we see some sort of rebound by Saturday Afternoon.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
August 18, 2014, 04:33:07 PM
#11
down down down : SELL!!
member
Activity: 103
Merit: 10
August 18, 2014, 04:19:32 PM
#10
Yes I think it could drop way below $400... we're in freefall now and the mid-holders are panicking.
member
Activity: 117
Merit: 10
August 18, 2014, 04:03:07 PM
#9
Anyone think it will sink below $400?
I sure hope so!
legendary
Activity: 2170
Merit: 1427
August 18, 2014, 03:53:20 PM
#8
Anybody know what is happening with the price? I hate this low price BTC will be useless if the price is low.

I'm sure one or two very large holders are dumping several times a day, not sure if Karpeles is one of those that keeps dumping.

Low price gives people the chance to buy in cheap, I'm certainly not complaining Smiley
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