Is April 15th really doomsday or is nothing going to happen?

precrime3

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Quote from: YipYip on April 10, 2014, 04:48:01 PM

Quote from: Nagle on April 10, 2014, 02:37:51 PM

Since this is a known future event, don't expect much to happen on the day itself. The market has already responded, which is part of why Bitcoin dropped from $450 to $385 in the last day.

And it should zig instead of the expected zag

Yeah most likely Tongue

YipYip

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Quote from: Nagle on April 10, 2014, 02:37:51 PM

Since this is a known future event, don't expect much to happen on the day itself. The market has already responded, which is part of why Bitcoin dropped from $450 to $385 in the last day.

And it should zig instead of the expected zag

precrime3

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Is your purpose in life to find a meme/picture that describes what you could say using words? Cheesy

bitcoinsrus

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Quote from: precrime3 on April 10, 2014, 02:38:53 PM

Quote from: kittucrypt on April 10, 2014, 09:36:45 AM

Whats with the April 15?

April 15th is when US tax filing is due, so everyone is deciding what to do, pay taxes, and how to pay taxes, at least thats what I have interpreted.

precrime3

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Quote from: kittucrypt on April 10, 2014, 09:36:45 AM

Whats with the April 15?

April 15th is when US tax filing is due, so everyone is deciding what to do, pay taxes, and how to pay taxes, at least thats what I have interpreted.

Nagle

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Since this is a known future event, don't expect much to happen on the day itself. The market has already responded, which is part of why Bitcoin dropped from $450 to $385 in the last day.

Malin Keshar

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in two weeks we will know

kittucrypt

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Ok Check!

Quote from: kooke on April 10, 2014, 10:09:43 AM

Quote from: kittucrypt on April 10, 2014, 09:49:43 AM

Bitcoin existed before the Chinese participation pumped it up so much. And when it reached $800-1000 we saw influx of all sorts of people into the arena. I think it is probably good thing that we are seeing this correction. It will help weed out a lot of speculators and probably the real enthusiasts would stick around.

As long as there's volatility, there's going to be speculators trying to profit from it.

For bitcoin, volatility can be a function of price too. Not all speculation is bad. Infact you need speculators for proper price discovery. It's the madness and greed which gets weeded out at such times. And I believe its for good.

IamComrade

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today is dooms day

kooke

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Bitcoin super-duper-mega-ultra-hyper-node

Quote from: kittucrypt on April 10, 2014, 09:49:43 AM

Bitcoin existed before the Chinese participation pumped it up so much. And when it reached $800-1000 we saw influx of all sorts of people into the arena. I think it is probably good thing that we are seeing this correction. It will help weed out a lot of speculators and probably the real enthusiasts would stick around.

As long as there's volatility, there's going to be speculators trying to profit from it.

kittucrypt

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Ok Check!

Bitcoin existed before the Chinese participation pumped it up so much. And when it reached $800-1000 we saw influx of all sorts of people into the arena. I think it is probably good thing that we are seeing this correction. It will help weed out a lot of speculators and probably the real enthusiasts would stick around.

leoragraves666

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Not much will happen besides a sharp drop due to manipulation then in 6 months time we shall have a new bubble. I predict btc going somewhere 350-375, ltc around 8.5. Then we go to new highs.

Dalmar

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Life is short, practice empathy in your life

It's now pretty clear that the PBOC will close all banking relations Chinese bitcoin exchanges have. There's no reason for them to selectively pick on some exchanges. The bottom will be in when there's no denial anymore and Chinese liquidity starts drying up.

kooke

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Bitcoin super-duper-mega-ultra-hyper-node

Quote from: kittucrypt on April 10, 2014, 09:36:45 AM

Whats with the April 15?

- It's the day Bitcoin died Cry

- It's the day Bitcoin rose from the ashes and prepared for liftoff Grin

- Nothing happened Cool

All depends on whom you ask.

kittucrypt

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Ok Check!

Whats with the April 15?

spazzdla

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Heavy drop, followed by slow ralley, then price bubble again. I will be buying April 15/16

bitcoinsrus

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I keep reading (on this forum) references to April 15th price crashing. What is your take about this date (5 days from now)?

Topic: Is April 15th really doomsday or is nothing going to happen? (Read 2712 times)