here in chile is a pain to buy. all systems to buy bitcoins are either very expensive or unavailable.
wish i could buy and mine.
Topic: BTC from 240 to 50 (Read 1578 times)
Seems to be holding above 150 for now.
We are getting back up on the horse again do not worry 
Waited for bigger drop but no. Interesting to see is there a second drop when price rises a little more.
ofc there will be, increaseing in user or DDOS or watever other reasons
Waited for bigger drop but no. Interesting to see is there a second drop when price rises a little more.
like kaiser said, strong holder eat weak ones at those times.
those time mean price bounce hard
those time mean price bounce hard
bitcoin prices and bouncing balls...both fun to watch go up and down til it falls into the sewer 
er...will it have a chance to drop below 30 again?
no, dumbass.
er...will it have a chance to drop below 30 again?
and then right back up bitch
I personally think BTC will launch a bit higher than there former peak, and possibly stable out. Essentially a spike graph, super highs super lows and eventually stable..
What i'm keeping my eye on are LTC
What i'm keeping my eye on are LTC
Panic was the reason.
It's really interesting to see this stuff develop over time...
who made the money when the bitcoin price plunged? stock trading(bitcoins) is zero sum a winner and a loser, my question is who won when the price came down?
I did. Got in at 120 +- and out at 190 +-.
Overall less mad fees I got about a +50% return in a few days
I hope you guys sold in time. Sold mine at 185. Could be better, still pretty decent
Technically speaking, one can make money if one borrows and sell. (Short selling)
I don't think there is a mechanism of borrowing and selling in bitcoins right now, so no one made money on the downturn.
But, people who wanted to get in at the dip are the real winners here. They got a lot more than what they wanted.
I don't think there is a mechanism of borrowing and selling in bitcoins right now, so no one made money on the downturn.
But, people who wanted to get in at the dip are the real winners here. They got a lot more than what they wanted.
for the last time. when a stock/bond/currency etc goes down the short seller makes money. when bitcoin went down who made money?
For the last time, speculators who sold as soon as a 5% drop occurred. They turn their bitcoin into fiat at the drop of a hat.
for the last time. when a stock/bond/currency etc goes down the short seller makes money. when bitcoin went down who made money?
who made the money when the bitcoin price plunged? stock trading(bitcoins) is zero sum a winner and a loser, my question is who won when the price came down?
Professional speculators is my guess. They weren't here to make friends ya know. If they did profit they are quite likely to do a pump&dump again. 
who made the money when the bitcoin price plunged? stock trading(bitcoins) is zero sum a winner and a loser, my question is who won when the price came down?
Some of the buyers were likely people who sold pre Gox, and they saw a lot of value in buying lower priced BTC.
Other people were likely people who injected more fiat into the system to buy the lower priced BTC.
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