Author

Topic: BTC DROPPING? but why? (Read 637 times)

legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
January 04, 2015, 12:49:40 PM
#9
3600 new coins every day need to be pushed down the buyers throat.
They are created and go to market.
We are far from a balance between buyers and sellers. I'd estimate bitcoin at 500 million cap will be seen again.

This is the addiction of speculating Smiley as long as you never put in what you cannot afford to lose of course.
hero member
Activity: 798
Merit: 531
Crypto is King.
January 04, 2015, 12:48:54 PM
#8
It won't be for too long. Stock up while its cheaper than a lot lizard xD
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
January 04, 2015, 12:45:39 PM
#7
3600 new coins every day need to be pushed down the buyers throat.
They are created and go to market.
We are far from a balance between buyers and sellers. I'd estimate bitcoin at 500 million cap will be seen again.
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
January 04, 2015, 12:23:49 PM
#6
Dumbos cashing out to buy silly xmas presents all over the world, dumbos panic selling due not being able to have a long term view of the future, and so on and so on.

I guess I'm one of those dumbos- but one with little to no debt, did not buy presents and have a very long term view and will be buying back in soon. Hodling doesn't have to mean that you'll have your face ripped off again and again.
hero member
Activity: 672
Merit: 503
January 04, 2015, 12:19:02 PM
#5
Dumbos cashing out to buy silly xmas presents all over the world, dumbos panic selling due not being able to have a long term view of the future, and so on and so on.
sr. member
Activity: 379
Merit: 250
January 04, 2015, 10:56:11 AM
#4
it's a gift. Buy low!
hero member
Activity: 742
Merit: 500
January 04, 2015, 10:55:28 AM
#3
I understand btc drops but how so hard and how so fast? $260 a btc wth
By looking at the fundamentals it's clear that crashes like this were gonna happen, price structure just created the momentum to start a big one.
legendary
Activity: 1764
Merit: 1012
January 04, 2015, 10:50:23 AM
#2
lot of panic sales  Grin
full member
Activity: 210
Merit: 100
January 04, 2015, 10:49:30 AM
#1
I understand btc drops but how so hard and how so fast? $260 a btc wth
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