Finally we may see under $400 | Bitcointalksearch.org

frobley

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Quote from: glendall on April 10, 2014, 06:42:11 PM

Would not have expected sub 400 bucks, thought we hold around 450.

Sigh, things are going south!

I'm in the long haul though....no panic selling here...

because you've left it too late

edit: I still find it hard to believe people speak here of merchant adoption as if it's going to help raise the price. It will not; it will in fact help to achieve the complete opposite.

freedomno1

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Learning the troll avoidance button :)

Quote from: glendall on April 10, 2014, 06:42:11 PM

Would not have expected sub 400 bucks, thought we hold around 450.

Sigh, things are going south!

I'm in the long haul though....no panic selling here...

It was but a brief respite as it goes a bit above it again

glendall

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Buzz App - Spin wheel, farm rewards

Would not have expected sub 400 bucks, thought we hold around 450.

Sigh, things are going south!

I'm in the long haul though....no panic selling here...

serenitys

full member

Activity: 126

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Be Here Now

Just dropped to 367.00...hmmm...there seems to be some shaking going on.

ETA: 365 by the time i hit send... Shocked

Bit_co_i_n

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Quote from: av123 on April 10, 2014, 12:34:56 AM

Quote from: Bit_Happy on April 10, 2014, 12:30:20 AM

Quote from: av123 on April 10, 2014, 12:17:36 AM

Quote from: Edward50 on April 10, 2014, 12:15:14 AM

Quote from: Nagle on April 10, 2014, 12:11:06 AM

$400 looks likely. It's at $413 now, down from around $450 earlier today.

Under $400 is very likely. The demand has completely dried up. I saw the same thing happen in 2011.

What I have said back then and now is that the big money players have simply lost too much money trying to pump bitcoin up. They have decided to let it fall.

It will probably be a controlled fall. I wouldn't expect big drops.

Nobody is asking the simply question. Why was bitcoin $10 dollars before china, why is bitcoin again not $10 after china.

Maybe it won't go as low as $10, but it will fall under $200. Just give it time, the demand simply won't be there.

So there have been no positive developments in the bitcoin ecosystem and we owe everything to China? I disagree.

Here is a very positive development.
Major French Supermarket Chain to Accept Bitcoin
https://bitcointalksearch.org/topic/2014-04-08-major-french-supermarket-chain-to-accept-bitcoin-563444

Agreed. And their competitor (Carrefour) could very well be next.

Yeah sure, Monoprix is a major chain ... lol. They got something like 2% of the market in France.
On top of that they don't even say they will adopt bitcoin. CEO is just triing to make headline in newspaper as his company is losing market share.

So much bullshit.

Edward50

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Quote from: BitCoinsLOL on April 10, 2014, 04:58:05 PM

We will keep hitting new lows I'll consider buying after the 15th to see what shakes out. Where will it land and will it be a wise decision. Until we see more progress with purchase options and secure exchanges who really knows, not you!

Nope I surely don't know. I do however believe that bitcoins are way overvalued.

There is nothing they do that fiat doesn't do better. They are highly risky to store.

Now there are plenty of alts that will do the same exact thing as bitcoin.

I see no reason why it should even be priced in the $300's. I don't see any intelligent investor buying bitcoins because it doesn't offer anything investment related.

It is just a big get rick quick scheme for most people who hold them. Only gamblers will buy them, and they will lose like gamblers always lose.

Meman

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Activity: 92

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Quote from: Edward50 on April 10, 2014, 04:43:50 PM

Blood in the streets, everybody is still talking about buying and how cheap it is.
There is no blood on the streets.

True. There is no panic selling at all.

BitCoinsLOL

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We will keep hitting new lows I'll consider buying after the 15th to see what shakes out. Where will it land and will it be a wise decision. Until we see more progress with purchase options and secure exchanges who really knows, not you!

Edward50

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Activity: 602

Merit: 500

Quote from: Bit_Happy on April 10, 2014, 02:35:02 PM

Remember: Buy when there's blood in the streets, and Sell when prices are high.

Blood in the streets, everybody is still talking about buying and how cheap it is.

There is no blood on the streets.

serenitys

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Activity: 126

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Be Here Now

$388... I'm thinking some people are shit scared right now...sweatin with the hodlies.

Bit_Happy

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A Great Time to Start Something!

Remember: Buy when there's blood in the streets, and Sell when prices are high.

PolarPoint

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It is so low, I am considering buying some with cash.

serenitys

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Be Here Now

$397 at 2pm Thursday...

SURPRISE!!! Grin

Whahappen?

Sawadekub

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Yay sell all your coins

Bit_Happy

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A Great Time to Start Something!

Quote from: eboard10 on April 10, 2014, 02:00:17 AM

Or maybe Bitcoin will bounce from the $380-400 support level to the upside, reach the $550-600 mark and then fall straight to $300, just like silver did a couple of years back.

Sell at ~$600 and buy at $300? Grin

OK
Bring it on...Bare naked Bears everywhere.

eboard10

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Or maybe Bitcoin will bounce from the $380-400 support level to the upside, reach the $550-600 mark and then fall straight to $300, just like silver did a couple of years back.

Bit_Happy

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A Great Time to Start Something!

Quote from: 1Pakis on April 10, 2014, 01:49:52 AM

Quote from: Bit_Happy on April 10, 2014, 01:07:05 AM

Quote from: Edward50 on April 10, 2014, 12:55:40 AM

We almost there, $407 on btc-e.

It just needs a little more push. Hopefully it will hit below $400 before I got to sleep.

A brave "hero" is spending $184,375 USD to buy about 452.67 BTC at $407.3 Grin

Edit: Current bid 407.3 405.95870694 $165346.98

And it's gone.
Current bid 407.3 0.1 40.73

Looks like he decided not to be a brave "hero".
I wasn't watching maybe he bought a lot?

Finally we may see under $400
We may also see $500, and $600 with so much good news coming out lately.
https://bitcointalk.org/index.php?board=77.0

1Pakis

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Quote from: Bit_Happy on April 10, 2014, 01:07:05 AM

Quote from: Edward50 on April 10, 2014, 12:55:40 AM

We almost there, $407 on btc-e.

It just needs a little more push. Hopefully it will hit below $400 before I got to sleep.

A brave "hero" is spending $184,375 USD to buy about 452.67 BTC at $407.3 Grin

Edit: Current bid 407.3 405.95870694 $165346.98

And it's gone.
Current bid 407.3 0.1 40.73

YipYip

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Activity: 574

Merit: 500

Quote from: Bit_Happy on April 10, 2014, 01:07:05 AM

Quote from: Edward50 on April 10, 2014, 12:55:40 AM

We almost there, $407 on btc-e.

It just needs a little more push. Hopefully it will hit below $400 before I got to sleep.

A brave "hero" is spending $184,375 USD to buy about 452.67 BTC at $407.3 Grin

Edit: Current bid 407.3 405.95870694 $165346.98

The guy is smart ..the 405 resistance has been charted & tested again & again ..who ever is buying at that price is on the money Cheesy

Bit_Happy

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Activity: 2114

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A Great Time to Start Something!

Quote from: Edward50 on April 10, 2014, 12:55:40 AM

We almost there, $407 on btc-e.

It just needs a little more push. Hopefully it will hit below $400 before I got to sleep.

A brave "hero" is spending $184,375 USD to buy about 452.67 BTC at $407.3 Grin

Edit: Current bid 407.3 405.95870694 $165346.98

Edward50

hero member

Activity: 602

Merit: 500

We almost there, $407 on btc-e.

It just needs a little more push. Hopefully it will hit below $400 before I got to sleep.

Edward50

hero member

Activity: 602

Merit: 500

Quote from: seleme on April 10, 2014, 12:26:27 AM

Quote from: TeeBone on April 10, 2014, 12:08:30 AM

For all the slack Ed gets, he was spot on a few months ago calling 1K bitcoins massively overpriced.

Not strange by guy who said same when price was 2$ Grin

I was one of only a few bears that watched the price fall from, $30 to $2.00.

It had to level out at some point, $2.00 was probably pushing it. However, lets not forget that I was only one of a few people who said it was overpriced from $30 all the way down to $2.00.

I actually bought in at $5.00 before it hit $2.00, but sold at a wash when it was obvious it wasn't done falling.

My buy in point was $1.00 at that time, so I was close enough I guess.

My point being, saying I was a bear at $2.00 is completely taking everything out of context.

Sawadekub

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Once again thanks for the cheap coins

But news is not true.. april 15 bitcoin will rise again..its too cheap lol

Bit_Happy

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A Great Time to Start Something!

Last weeks low failed to hold, but I still think it is a great time to buy.

freedomno1

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Learning the troll avoidance button :)

Quote from: bassclef on April 10, 2014, 12:34:48 AM

Ed, you're such a troll. Even though I can't read anything you say, you're my troll.

This comment strangely amused me anyways a drop to 2 would be quite significant unlikely for now considering but interesting to see what will happen

Arghhh

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nom nom nom cheap coins

nuff

sr. member

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Many are just waiting for below 400, then you will see massive buying, and the rally will then only start. will not go lower than 300.

av123

member

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Merit: 10

Quote from: Bit_Happy on April 10, 2014, 12:30:20 AM

Quote from: av123 on April 10, 2014, 12:17:36 AM

Quote from: Edward50 on April 10, 2014, 12:15:14 AM

Quote from: Nagle on April 10, 2014, 12:11:06 AM

$400 looks likely. It's at $413 now, down from around $450 earlier today.

Under $400 is very likely. The demand has completely dried up. I saw the same thing happen in 2011.

What I have said back then and now is that the big money players have simply lost too much money trying to pump bitcoin up. They have decided to let it fall.

It will probably be a controlled fall. I wouldn't expect big drops.

Nobody is asking the simply question. Why was bitcoin $10 dollars before china, why is bitcoin again not $10 after china.

Maybe it won't go as low as $10, but it will fall under $200. Just give it time, the demand simply won't be there.

So there have been no positive developments in the bitcoin ecosystem and we owe everything to China? I disagree.

Here is a very positive development.
Major French Supermarket Chain to Accept Bitcoin
https://bitcointalksearch.org/topic/2014-04-08-major-french-supermarket-chain-to-accept-bitcoin-563444

Agreed. And their competitor (Carrefour) could very well be next.

bassclef

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Ed, you're such a troll. Even though I can't read anything you say, you're my troll.

Bit_Happy

legendary

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A Great Time to Start Something!

Quote from: av123 on April 10, 2014, 12:17:36 AM

Quote from: Edward50 on April 10, 2014, 12:15:14 AM

Quote from: Nagle on April 10, 2014, 12:11:06 AM

$400 looks likely. It's at $413 now, down from around $450 earlier today.

Under $400 is very likely. The demand has completely dried up. I saw the same thing happen in 2011.

What I have said back then and now is that the big money players have simply lost too much money trying to pump bitcoin up. They have decided to let it fall.

It will probably be a controlled fall. I wouldn't expect big drops.

Nobody is asking the simply question. Why was bitcoin $10 dollars before china, why is bitcoin again not $10 after china.

Maybe it won't go as low as $10, but it will fall under $200. Just give it time, the demand simply won't be there.

So there have been no positive developments in the bitcoin ecosystem and we owe everything to China? I disagree.

Here is a very positive development.
Major French Supermarket Chain to Accept Bitcoin
https://bitcointalksearch.org/topic/2014-04-08-major-french-supermarket-chain-to-accept-bitcoin-563444

seleme

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Activity: 2772

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Duelbits.com

Quote from: TeeBone on April 10, 2014, 12:08:30 AM

For all the slack Ed gets, he was spot on a few months ago calling 1K bitcoins massively overpriced.

Not strange by guy who said same when price was 2$ Grin

DhaniBoy

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Activity: 280

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i think BTC will easily jump off if prices below $350
many speculator will sell their BTC at that price, fear BTC prices will go down to $100 Grin

Minor Miner

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Be A Digital Miner

Quote from: Edward50 on April 10, 2014, 12:15:14 AM

Quote from: Nagle on April 10, 2014, 12:11:06 AM

$400 looks likely. It's at $413 now, down from around $450 earlier today.

Under $400 is very likely. The demand has completely dried up. I saw the same thing happen in 2011.

What I have said back then and now is that the big money players have simply lost too much money trying to pump bitcoin up. They have decided to let it fall.

It will probably be a controlled fall. I wouldn't expect big drops.

Nobody is asking the simply question. Why was bitcoin $10 dollars before china, why is bitcoin again not $10 after china.

Maybe it won't go as low as $10, but it will fall under $200. Just give it time, the demand simply won't be there.

There is a lot more capital infrastructure out there than when bit coin was $10.

av123

member

Activity: 98

Merit: 10

Quote from: Edward50 on April 10, 2014, 12:15:14 AM

Quote from: Nagle on April 10, 2014, 12:11:06 AM

$400 looks likely. It's at $413 now, down from around $450 earlier today.

Under $400 is very likely. The demand has completely dried up. I saw the same thing happen in 2011.

What I have said back then and now is that the big money players have simply lost too much money trying to pump bitcoin up. They have decided to let it fall.

It will probably be a controlled fall. I wouldn't expect big drops.

Nobody is asking the simply question. Why was bitcoin $10 dollars before china, why is bitcoin again not $10 after china.

Maybe it won't go as low as $10, but it will fall under $200. Just give it time, the demand simply won't be there.

So there have been no positive developments in the bitcoin ecosystem and we owe everything to China? I disagree.

Edward50

hero member

Activity: 602

Merit: 500

Quote from: Nagle on April 10, 2014, 12:11:06 AM

$400 looks likely. It's at $413 now, down from around $450 earlier today.

Under $400 is very likely. The demand has completely dried up. I saw the same thing happen in 2011.

What I have said back then and now is that the big money players have simply lost too much money trying to pump bitcoin up. They have decided to let it fall.

It will probably be a controlled fall. I wouldn't expect big drops.

Nobody is asking the simply question. Why was bitcoin $10 dollars before china, why is bitcoin again not $10 after china.

Maybe it won't go as low as $10, but it will fall under $200. Just give it time, the demand simply won't be there.

vitarian

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Merit: 100

I'd actually be surprised if we saw under 400 tonight.

av123

member

Activity: 98

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Quote from: Edward50 on April 10, 2014, 12:12:09 AM

Quote from: passionsurf on April 10, 2014, 12:04:28 AM

Quote from: av123 on April 09, 2014, 11:52:44 PM

I'll buy yours off you for $100 each.

$100?? I'll buy yours for $300!

Easy for you to say that now when the price is $400 dollars. Wait to we get around that point and you won't be saying this.

Personally I think $400 will hold but that's no guarantee of course.

Edward50

hero member

Activity: 602

Merit: 500

Quote from: passionsurf on April 10, 2014, 12:04:28 AM

Quote from: av123 on April 09, 2014, 11:52:44 PM

I'll buy yours off you for $100 each.

$100?? I'll buy yours for $300!

Easy for you to say that now when the price is $400 dollars. Wait to we get around that point and you won't be saying this.

Nagle

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$400 looks likely. It's at $413 now, down from around $450 earlier today.

TeeBone

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For all the slack Ed gets, he was spot on a few months ago calling 1K bitcoins massively overpriced.

IamComrade

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Activity: 66

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cosmofly's prediction is coming true again Shocked

passionsurf

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Quote from: av123 on April 09, 2014, 11:52:44 PM

I'll buy yours off you for $100 each.

$100?? I'll buy yours for $300!

killinitsoftly

member

Activity: 81

Merit: 10

Sub $350 by the weekend. No FUD... if you check my post history I don't post my predictions very often, but I am fairly certain on this one, based on historical analysis.

Nonetheless.

HODL!

av123

member

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I'll buy yours off you for $100 each.

Edward50

hero member

Activity: 602

Merit: 500

Too much Ponzi scheming going on in this forum. Too many people pushing bitcoins on others trying to get rich quick.

Nobody has simply put up a good argument about where the money is going to come from to keep bitcoin above $100.

Only a few reasonably minded people left around here.

Nice to see it finally going to the next level before it hits $100 or lower.

This is the same deal in 2011 when bitcoin fell to $2.00. The major pumpers have left, nobody to keep the price up anymore. They lost too much money because you fools just want to get rich quick, but most of you are not stupid enough to pay $400 for a bitcoin.

Topic: Finally we may see under $400 (Read 2936 times)