for panic sellers: | Bitcointalksearch.org

GriTBitS

sr. member

Activity: 448

Merit: 250

“A decentralized registry for unique assets”

Quote from: pletharoe on December 07, 2013, 03:06:04 AM

Ummm.... I'm not sure I follow you. If there was 5x more money getting INTO BTC right now, surely the price would go up. I think what you might mean is that the total value of all trades is 5x.

I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases). These BTC have to come from somewhere. I guess that's China... It's daytime in Asia and I'm not seeing much being bought there.

its called miners dumping also

A L I E N

legendary

Activity: 1358

Merit: 1000

Quote from: A L I E N on December 08, 2013, 12:09:24 AM

It is bottoming nicely at the $700 level if you are looking for a bargain..

Did every get in on the nice bargains?

A L I E N

legendary

Activity: 1358

Merit: 1000

It is bottoming nicely at the $700 level if you are looking for a bargain..

LightningBlade

sr. member

Activity: 259

Merit: 250

Too late, already sold my BTC at $700

tripppn

hero member

Activity: 756

Merit: 500

Quote from: dimke_yu on December 07, 2013, 03:57:20 AM

This is expected, price needs to be down for a while because someone is preparing to enter BTC market after holidays and then uuuuuuuuuuuuuuuuuuuup

Ya... Me!!! Grin

Fall BTC Fall!!! I'm loving these prices and can't wait for the rebound.

dimke_yu

sr. member

Activity: 461

Merit: 250

This is expected, price needs to be down for a while because someone is preparing to enter BTC market after holidays and then uuuuuuuuuuuuuuuuuuuup

psyclon

full member

Activity: 168

Merit: 100

Quote from: eindbaas on December 07, 2013, 12:03:17 AM

Just watch this simulation:
http://fiatleak.com

This crash is due some panic whales. There is 5x more money getting in to btc right now then we were at 1200 Wink

.

that's because people are selling.

malaimult

hero member

Activity: 658

Merit: 500

Quote from: pletharoe on December 07, 2013, 03:06:04 AM

Ummm.... I'm not sure I follow you. If there was 5x more money getting INTO BTC right now, surely the price would go up. I think what you might mean is that the total value of all trades is 5x.

I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases). These BTC have to come from somewhere. I guess that's China... It's daytime in Asia and I'm not seeing much being bought there.

+1

pletharoe

sr. member

Activity: 278

Merit: 250

Ummm.... I'm not sure I follow you. If there was 5x more money getting INTO BTC right now, surely the price would go up. I think what you might mean is that the total value of all trades is 5x.

I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases). These BTC have to come from somewhere. I guess that's China... It's daytime in Asia and I'm not seeing much being bought there.

eindbaas

member

Activity: 70

Merit: 10

umad?

Just watch this simulation:
http://fiatleak.com

This crash is due some panic whales. There is 5x more money getting in to btc right now then we were at 1200 Wink

.

Topic: for panic sellers: (Read 2530 times)