Regardless of the rest of the day aside, I guess BTC will be at 350ish before this week end. We'll see what happens at 350, it could go lower. If a huge rebound were in the cards, it would have already happened by now. Still crossing my fingers though.
Yeah I dont get it, seems like the price holds steady and then boom, someone dumps a ton knocking down a wall drive the price down, where it will sit back and forth in a range only to get knocked down more some time later. 
Topic: Dumpers are gone , bottom has been reached (366) - page 2. (Read 5299 times)
Regardless of the rest of the day aside, I guess BTC will be at 350ish before this week end. We'll see what happens at 350, it could go lower. If a huge rebound were in the cards, it would have already happened by now. Still crossing my fingers though.
The bottom is zero. We have a long way to go.
This is gonna get ugly upwards.
More likely get ugly downward faster.
Don't forget many traders are using leverage to buy and hold onto the price. As soon as the dam breaks, hell will break lose.
I absolutely agree. The market will now have a 30-40 day build-up/lag, and what may have been a slow decline will quickly be a deluge. I am sure BTC will recover, the only question is in how long.
It's just that most people don't think past this week in their planning
This is gonna get ugly upwards.
More likely get ugly downward faster.
Don't forget many traders are using leverage to buy and hold onto the price. As soon as the dam breaks, hell will break lose.
I absolutely agree. The market will now have a 30-40 day build-up/lag, and what may have been a slow decline will quickly be a deluge. I am sure BTC will recover, the only question is in how long.
This is gonna get ugly upwards.
More likely get ugly downward faster.
Don't forget many traders are using leverage to buy and hold onto the price. As soon as the dam breaks, hell will break lose.
100 is impossible also, some of those numbers maybe trigger an enormous panic buy, and saying "14 and 2" is very trollish, at tat point bitcoin is considered dead
Nothing is impossible. People have been thinking for the last year that sub 400 is impossible...
sub 400 wasn't impossible, 1200 was a peak, if yuo really believe that 1200 was a normal value...i don't know what to say, and who are all those that were thinking that sub 400 is impossible?
Anything is possible but the chances is low, someone ate a hat because losing in a bet that bitcoin will not go below $500..
100 is impossible also, some of those numbers maybe trigger an enormous panic buy, and saying "14 and 2" is very trollish, at tat point bitcoin is considered dead
Nothing is impossible. People have been thinking for the last year that sub 400 is impossible...
sub 400 wasn't impossible, 1200 was a peak, if yuo really believe that 1200 was a normal value...i don't know what to say, and who are all those that were thinking that sub 400 is impossible?
One reason why I believe the bottom of this cycle can't be far off is looking at all these new "bears" that have sprung up.
Pretty sure all these new "bears" are just fallllling with 37000 accounts. The grammar is exactly the same.
Time to buy now before its too late..
Why not buy at $14 or $2?
Because going to $14 and $2 is impossible or you wont buy it if it go to that level..
100 is impossible also, some of those numbers maybe trigger an enormous panic buy, and saying "14 and 2" is very trollish, at tat point bitcoin is considered dead
I'll quote you when it drops below 100$.
I'm going to bet an OZ of silver you never get the chance.
Curious, is the price dump causing you to stop buying BTC? Or, trading BTC for something else? If so, what?
Bitcoin to the moon !
isnt that what they were saying when they were riding the 1200 peak ?
They were. And that was sign that sent me buying gold bars during that silly rally. The amount it was rising was unsustainable and unjustified. Math likes rational people and one could see that desire was driving the price rather than broad adoption based on utility. isnt that what they were saying when they were riding the 1200 peak ?
100 is impossible also, some of those numbers maybe trigger an enormous panic buy, and saying "14 and 2" is very trollish, at tat point bitcoin is considered dead
Nothing is impossible. People have been thinking for the last year that sub 400 is impossible...
Time to buy now before its too late..
Why not buy at $14 or $2?
Because going to $14 and $2 is impossible or you wont buy it if it go to that level..
100 is impossible also, some of those numbers maybe trigger an enormous panic buy, and saying "14 and 2" is very trollish, at tat point bitcoin is considered dead
I'll quote you when it drops below 100$.
Time to buy now before its too late..
Why not buy at $14 or $2?
Because going to $14 and $2 is impossible or you wont buy it if it go to that level..
100 is impossible also, some of those numbers maybe trigger an enormous panic buy, and saying "14 and 2" is very trollish, at that point bitcoin is considered dead
Why stop mining? Why not just hodl and demand a higher price for mined bitcoins? 
Someone help me in my recollection regarding an earlier "death of bitcoin" story in a prior crash that nearly devastated the system. Those miners mined at a loss and kept the network going through it all. And those earlier crashes were far more dramatic than what we're experiencing.
Someone help me in my recollection regarding an earlier "death of bitcoin" story in a prior crash that nearly devastated the system. Those miners mined at a loss and kept the network going through it all. And those earlier crashes were far more dramatic than what we're experiencing.
Bitcoin to the moon !
isnt that what they were saying when they were riding the 1200 peak ?
isnt that what they were saying when they were riding the 1200 peak ?
Nothing but wishful thinking. We could easily hit 266. A redistribution of Bitcoin will happen, new players will hop in, current players will panic. Watch and see, this XMAS will be shakky as hell.
I think you are right.. I believe many will sell to cover presents.. :S
While it is a drop in the bucket, there is a ton of venture capital money involved with BTC and adoption seems to be growing. The question is whether the inflation of the coin is growing faster than adoption / utility thereby decreasing its value for the long-term...
Nothing but wishful thinking. We could easily hit 266. A redistribution of Bitcoin will happen, new players will hop in, current players will panic. Watch and see, this XMAS will be shakky as hell.
dead cat bounce. sell now before bitcoin takes your kids and your wife
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