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Topic: Crash! (Read 1895 times)

legendary
Activity: 2170
Merit: 1094
October 25, 2013, 12:01:50 AM
#26
That picture is fake. The real numbers were 20M$ lower and 20k BTC higher.
sr. member
Activity: 462
Merit: 250
Free World
October 24, 2013, 10:54:50 PM
#25
Hopefully this 'crash' will continue.

What come up must go down.

and what goes down must come UP!
sr. member
Activity: 406
Merit: 250
October 24, 2013, 09:03:48 PM
#24
Hopefully this 'crash' will continue.

What come up must go down.
sr. member
Activity: 371
Merit: 250
October 24, 2013, 08:55:24 PM
#23
Oh what a relief i thought was my wife again with the car.
sr. member
Activity: 448
Merit: 250
October 24, 2013, 08:34:11 PM
#22
Hopefully this 'crash' will continue.
sr. member
Activity: 462
Merit: 250
Free World
October 24, 2013, 08:26:51 PM
#21
the subject is a fail from a fail spec and a son of a fail who is the grand son of a fail and many more fails...

lol
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
October 24, 2013, 08:24:38 PM
#20
No crash. thread is full of crap. Hold onto your btc, we're on our way up
sr. member
Activity: 434
Merit: 250
October 24, 2013, 08:21:35 PM
#19
Does this happen during a crash?



(before the 'crash' it was 2,400,000 and the highest it EVER was was 2,650,000)

No but its going to have a real crash soon..
newbie
Activity: 51
Merit: 0
October 24, 2013, 07:53:35 PM
#18
Does this happen during a crash?

https://i.imgur.com/9EZYJC1.png

(before the 'crash' it was 2,400,000 and the highest it EVER was was 2,650,000)

You can put a circle around the asks as well, as they increased some k's since yesterday. Edit: it's already at 17k, so a 5k increase since yesterday.
hero member
Activity: 658
Merit: 504
October 24, 2013, 07:43:49 PM
#17
I don't understand this thread, at all.

I know, I know, trolls gonna troll.

Some of them are just really, really bad at it.  Embarrassed

You aren't a real troll until you have your own troll (like reality4you on r/bitcoin)

I don't know why you think its trolling. The price fell by $50 in minutes. Its still down by $30. Thats a ~13% drop.

Now look at trade volume. A bunch of buyers bought the price back above $200 and its been hovering there with minimal volume for about a day. Its still an inflated price. I doubt it will collapse back to $150 but all its going to take is a few panickers and we are on the way down again.

I emailed a former economics professor of mine who is a bitcoin enthusiast. He explained that he thought this was "RR Reversal" or more commonly called "Risk Reversal" by a small group of major bitcoin investors. Its a strategy to protect themselves in case of a downward trend. It also commonly causes very sudden pullbacks on rapidly rising stocks...or in this case bitcoin. Anywhere from 10-25% usually.



legendary
Activity: 1168
Merit: 1000
October 24, 2013, 07:23:31 PM
#16
I don't understand this thread, at all.

I know, I know, trolls gonna troll.

Some of them are just really, really bad at it.  Embarrassed

You aren't a real troll until you have your own troll (like reality4you on r/bitcoin)
hero member
Activity: 728
Merit: 500
October 24, 2013, 07:21:53 PM
#15
Does this happen during a crash?



(before the 'crash' it was 2,400,000 and the highest it EVER was was 2,650,000)
sr. member
Activity: 448
Merit: 250
October 24, 2013, 07:20:54 PM
#14
I don't understand this thread, at all.

I know, I know, trolls gonna troll.

Some of them are just really, really bad at it.  Embarrassed
full member
Activity: 154
Merit: 100
October 24, 2013, 06:50:26 PM
#13
It's only correction. No big deal. I think we are heading upwards. It's healthy to stop for a while and build position.
legendary
Activity: 2156
Merit: 1131
October 24, 2013, 10:18:06 AM
#12
Since most of you don't think this is a real crash...why do you think that? What is supporting the price above $200 besides speculation? I have heard nothing from anybody to suggest that the rise over the last few days is permanent. Its going to drop again. Watch.

It's going back, we are underestimating the Chinese-Bitcoin-frenzy. It may not have reached the peak before the proper crash.
hero member
Activity: 658
Merit: 504
October 24, 2013, 10:11:29 AM
#11
Since most of you don't think this is a real crash...why do you think that? What is supporting the price above $200 besides speculation? I have heard nothing from anybody to suggest that the rise over the last few days is permanent. Its going to drop again. Watch.
sr. member
Activity: 364
Merit: 253
October 24, 2013, 08:43:00 AM
#10
Well bubbles do burst but the question is are you ready for the ride to make it work for your advantage?
hero member
Activity: 602
Merit: 500
Your *what* is itchy?
October 24, 2013, 08:42:04 AM
#9
It recovered quite fast. Not sure if I can call this a "Crash!"  Cheesy

yes, but if the OP doesn't use scaremongering "EVERYBoDY PANIC!I!!(!*&!!" keywords in their subject line, nobody would read the post. "Minor, temporary dip in BTC valuation" doesn't have quite the same urgency that "CRASH!" does.
full member
Activity: 346
Merit: 100
https://bmy.guide
October 24, 2013, 08:38:41 AM
#8
It recovered quite fast. Not sure if I can call this a "Crash!"  Cheesy
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
October 24, 2013, 08:25:25 AM
#7
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