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Topic: Bounced off $277 (Read 1473 times)

sr. member
Activity: 364
Merit: 250
January 04, 2015, 05:17:42 PM
#22
Is that bottom?

No it's not. I have my buy orders for BTC at 200, I am waiting for super crash.
is this possible happen? i think the price will be 250$ steable
full member
Activity: 182
Merit: 100
January 04, 2015, 05:15:31 PM
#21
Is that bottom?

No it's not. I have my buy orders for BTC at 200, I am waiting for super crash.
full member
Activity: 126
Merit: 100
January 04, 2015, 05:13:55 PM
#20
One thing that would help is the keeper of the Satoshi coins should airdrop them. With those things sitting in limbo it is a monkey on the back of the coin.
If there were any movement, it'd definitely crash the price, at least short-term. I'd imagine serious traders have watch-only wallets or at least a Python script pulling from Blockchain looking at them.
This could actually be a way to predict when the price will crash in the near future. I don't think many traders have this kind of setup and the ones that do probably only have modest amounts of bitcoin they are trading.

What will more likely happen is it will make the news and when traders read that satoshi's coins have moved they will go to sell
hero member
Activity: 672
Merit: 508
LOTEO
January 03, 2015, 11:05:11 PM
#19
The top 19 coins are all dropping with 10% or 20%. The holiday effect? http://coinmarketcap.com/

sr. member
Activity: 490
Merit: 254
January 03, 2015, 10:55:14 PM
#18
One thing that would help is the keeper of the Satoshi coins should airdrop them. With those things sitting in limbo it is a monkey on the back of the coin.

agreed, some can be airdropped into my wallet to get things going. Smiley
legendary
Activity: 1414
Merit: 1000
January 03, 2015, 10:41:10 PM
#17
Looks like $277 bottom is holding.
donator
Activity: 1218
Merit: 1015
January 03, 2015, 09:22:49 PM
#16
One thing that would help is the keeper of the Satoshi coins should airdrop them. With those things sitting in limbo it is a monkey on the back of the coin.
If there were any movement, it'd definitely crash the price, at least short-term. I'd imagine serious traders have watch-only wallets or at least a Python script pulling from Blockchain looking at them.
legendary
Activity: 1736
Merit: 1023
January 03, 2015, 08:55:11 PM
#15
I'm really hoping for a recovery soon, this downward trend is no good.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
January 03, 2015, 08:48:25 PM
#14
One thing that would help is the keeper of the Satoshi coins should airdrop them. With those things sitting in limbo it is a monkey on the back of the coin.
member
Activity: 102
Merit: 13
How do I change an avatar?
January 03, 2015, 08:45:56 PM
#13
I think we'll probably see a bounce sometime before Monday, then continued selling pressure as the merchant dumping builds. Let's pray to god we don't get an Amazon integration or we'll be headed below $100.00.

We need to fix this lopsided scale and get more bitcoins into the hands of the people. Here's how you can help: https://www.bitwage.co/



+1

We need to start with ourselves converting if not 100% then at least some part of our monthly income into bitcoins without returning back to fiat. This will have a positive effect on price. Look around, there should be enough places to spend bitcoins already, so why not giving a try?
full member
Activity: 574
Merit: 104
January 03, 2015, 08:40:57 PM
#12
you know why it bounced?

Because it was close to full on panic and someone did a large buy-in to stop panic from happening. He just bought us time.
sr. member
Activity: 476
Merit: 250
January 03, 2015, 08:39:37 PM
#11
Bitcoin will continue grinding down to 50-100 dollars. It will take some time, but in the worst case scenario this range can be reached within 6 months already.

When $50 is hit, cultist bulltard buyers will wait for "weak hands" to bring the price down to $10, since those are the really "cheap coins" they claim to have been waiting for. Then, when $10 coins arrive, they'll wait for $5 coins -- for exactly the same stated reason. That's how the Bitcoin market functions in the post-Gox phase, when whales, early adopters and miners collectively realize less and less people are willing to spend several hundred dollars just to be part of an obviously imploding pyramid scheme, crafted by some anonymous scammer using NSA technology.

full member
Activity: 129
Merit: 100
January 03, 2015, 08:33:32 PM
#10
There is an obvious support at 263,5463$, wait for the first full moon after the support is hit and buy.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
January 03, 2015, 08:32:42 PM
#9
I think we'll probably see a bounce sometime before Monday, then continued selling pressure as the merchant dumping builds. Let's pray to god we don't get an Amazon integration or we'll be headed below $100.00.

We need to fix this lopsided scale and get more bitcoins into the hands of the people. Here's how you can help: https://www.bitwage.co/

sr. member
Activity: 560
Merit: 250
January 03, 2015, 08:32:09 PM
#8
No chance. I told my wife the price was really crashing and that you could buy almost 4 bitcoins for a thousand dollars. I quickly realized how stupid this sounded and I'll be surprised if it doesn't just continue this massive trend downwards.

Indeed. For what it is worth: if one thing has been confirmed so far it is the sheer fact that the bear market is far from over. This was predicted by multiple people down here and this little event once again shows them how terribly wrong they are.

Bitcoin will continue grinding down to 50-100 dollars. It will take some time, but in the worst case scenario this range can be reached within 6 months already.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
January 03, 2015, 08:31:11 PM
#7
No pressure at all. Only the continuing slow downwards-pressure we've been seeing for months now. This hasn't even been a real flash crash, but a slow decline. I don't like that at all. We need something definitive and this doesn't look anything like that if you ask me...
sr. member
Activity: 404
Merit: 253
January 03, 2015, 08:29:27 PM
#6
No chance. I told my wife the price was really crashing and that you could buy almost 4 bitcoins for a thousand dollars. I quickly realized how stupid this sounded and I'll be surprised if it doesn't just continue this massive trend downwards.
full member
Activity: 574
Merit: 104
January 03, 2015, 08:28:54 PM
#5
no buypressure.

Dead cat
sr. member
Activity: 364
Merit: 256
January 03, 2015, 08:28:31 PM
#4
this is still swinging up and down, you don't want to get burn selling now, wait for the dead cat bounce if you think it will go lower
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
January 03, 2015, 08:28:05 PM
#3
Is that bottom?

Hoping for $10 myself.
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