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Topic: Do we know why the price is dropping? - page 2. (Read 2713 times)

hero member
Activity: 518
Merit: 500
January 17, 2014, 04:09:18 PM
#13
No, it's a normal market movement at this stage. But with this low volume it takes too long for my taste.

The downtrend will accelerate. This is only the beginning.
legendary
Activity: 2170
Merit: 1094
January 17, 2014, 04:08:14 PM
#12
No, it's a normal market movement at this stage. But with this low volume it takes too long for my taste.
legendary
Activity: 1176
Merit: 1010
Borsche
January 17, 2014, 04:05:51 PM
#11
because proudhon and his sources are in a full-on bear mode.
because people need cheap coins.
because 1000/coin is boring.
because bears believe in an alien invasion.
because some people honestly think FBI would transfer coins to a magic the gathering online exchange in japan for a sell. they also believe in an alien invasion Wink

many reasons.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
January 17, 2014, 04:00:37 PM
#10
FBI will likely be selling $25M of coins sometime soon.

how do they know the password to unlock the wallet ?

$5 wrench.

Apparently DPR didn't take the proper precautions to protect his stash.



LoL, Thats why my coins are inside a plausible deniable encrypted volume rsrsrs ...

Anyways, they should hodl now; and be more profitable on 2014 second half Wink
hero member
Activity: 518
Merit: 500
January 17, 2014, 03:57:29 PM
#9
FBI will likely be selling $25M of coins sometime soon.

how do they know the password to unlock the wallet ?

sr. member
Activity: 350
Merit: 253
January 17, 2014, 03:52:37 PM
#8
FBI will likely be selling $25M of coins sometime soon.

how do they know the password to unlock the wallet ?

DPR gave it to them?
legendary
Activity: 1120
Merit: 1012
January 17, 2014, 03:51:54 PM
#7
FBI will likely be selling $25M of coins sometime soon.

how do they know the password to unlock the wallet ?

$5 wrench.

Apparently DPR didn't take the proper precautions needed to protect his stash.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
January 17, 2014, 03:51:08 PM
#6
FBI will likely be selling $25M of coins sometime soon.

how do they know the password to unlock the wallet ?
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 17, 2014, 03:47:16 PM
#5
I've been living under a rock, I don't understand why since the 12th the price has started to just plummet. Any information?

The general picture is that many people believe that come 31 January maybe lots of Chinese people will sell their Bitcoins and withdraw their money, crashing the market. So some people would like to get out now. But it doesn't look like there is much panic or conviction in the current selling.

Some analysts would probably say that we need a correction regardless, but then most of them have been pretty stumped by the way Bitcoin has been behaving post the China bubble.



legendary
Activity: 1400
Merit: 1005
January 17, 2014, 03:45:53 PM
#4
FBI will likely be selling $25M of coins sometime soon.
sr. member
Activity: 462
Merit: 253
January 17, 2014, 03:44:49 PM
#3
I think some bitcoiners are paranoid and this won't last long. It's because of a new article about the FBI considering selling their seized coins soon.
But just this week there's been so many positive story that are way more important than that, so I believe it will go back up quite soon.
sr. member
Activity: 350
Merit: 253
January 17, 2014, 03:44:14 PM
#2
A better question would be, why has the price been so high? I think that's the answer.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
January 17, 2014, 03:40:44 PM
#1
I've been living under a rock, I don't understand why since the 12th the price has started to just plummet. Any information?
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