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Topic: BTC price collapse! - page 2. (Read 4005 times)

hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
August 03, 2011, 12:37:17 PM
#13
LOT of activity at 10.0000.  I'm seeing a lot of 100BTC trades at that level.  Damn!
full member
Activity: 215
Merit: 100
Live Long and Prosper
August 03, 2011, 12:29:10 PM
#12
Relax guys,is just those Mybitcoin and Polish exch. fuckers dumping BTC on the market.
legendary
Activity: 1204
Merit: 1002
August 03, 2011, 12:13:08 PM
#11
Well, what did you expect?  There was a speculative bubble in something with no intrinsic value, and it collapsed.

Go read "Extraordinary Popular Delusions and the Madness of Crowds".
hero member
Activity: 602
Merit: 500
August 03, 2011, 12:01:21 PM
#10
Meh, I'm cutting my loses when it comes to BTC. I've lost confidence in the market and feel the true value should be somewhere down in the $2-4 range. No sense in taking a hit all the way down.

Finally people are understanding that there is no reason bitcoins should have ever risen as high as they are. You can't rely on a market that is full of hoarders and a product that offers currently no benefit.
full member
Activity: 182
Merit: 106
August 03, 2011, 11:53:48 AM
#9
Meh, I'm cutting my loses when it comes to BTC. I've lost confidence in the market and feel the true value should be somewhere down in the $2-4 range. No sense in taking a hit all the way down.
full member
Activity: 222
Merit: 100
August 03, 2011, 11:52:42 AM
#8
Nothing is going on, everything goes as planned.

hero member
Activity: 530
Merit: 500
August 03, 2011, 11:48:52 AM
#7
the cure for low price is even lower price Smiley

when it goes too low, there will be a rally...

relax,
improvements are done almost weekly,
startups are proliferating,
mining difficulty is increasing, that also means something

many people try to steal it,
everyone wants it...
hero member
Activity: 1148
Merit: 501
August 03, 2011, 11:48:16 AM
#6
OH LAWWWWD ! $10.50 !!!!
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 03, 2011, 11:47:37 AM
#5
Would you guys just stop crying about the price.

Watch as in the next week the price will rebound.
hero member
Activity: 1148
Merit: 501
August 03, 2011, 11:47:12 AM
#4
OH LAWWWWD !
sr. member
Activity: 448
Merit: 251
Bitcoin
August 03, 2011, 11:45:56 AM
#3
AHhhhhh!!!  I can't sell my video cards fast enough!!!!  Oh noes!!!  The floor is falling, Anusgleus just lost his shirt in the market by buying 500 bitcoins at $14.50

I'm the guy that bought them at 33 ... remind me never to time the market.

member
Activity: 98
Merit: 10
August 03, 2011, 11:41:27 AM
#2
AHhhhhh!!!  I can't sell my video cards fast enough!!!!  Oh noes!!!  The floor is falling, Anusgleus just lost his shirt in the market by buying 500 bitcoins at $14.50
sr. member
Activity: 392
Merit: 250
August 03, 2011, 11:39:29 AM
#1
The price is $10.50 per BTC and falling!  What's going on?

Come on, guys!  Get in there and buy!
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