Author

Topic: It looks like $700 is the new $150 (Read 3158 times)

legendary
Activity: 1512
Merit: 1000
@theshmadz
December 08, 2013, 03:29:16 PM
#36
This is going to be tested very soon...  Wink

Do you see the buy orders waiting to be filled ? Good luck  Wink

https://www.cavirtex.com/news

Perhaps more buy orders on the way?

Starting to look like December could be a very exciting month.


cavirtex has so much constraint about money flow.  it won't drive a thing, only Canadians interested in arbing will use it.

I'm not sure what you mean about constraint. Once your account is verified, you can withdraw funds directly to your bank account. Takes a couple days. I know that little quirky exchange with the monstrous fees won't move anything on the global scale, but I've never seen a waiting list there before, and I wonder if a similar flood of new participants is occurring at the exchanges that matter.

More importantly for me personally, are these new accounts after cheap coins? Or simply trying to cash in their hoards of coins before it's too late.

Either way I will be watching this price point very closely. The market always seems to flatten out like this just before a big move.
hero member
Activity: 756
Merit: 500
December 08, 2013, 03:08:52 PM
#35
This is going to be tested very soon...  Wink

Do you see the buy orders waiting to be filled ? Good luck  Wink

https://www.cavirtex.com/news

Perhaps more buy orders on the way?

Starting to look like December could be a very exciting month.


cavirtex has so much constraint about money flow.  it won't drive a thing, only Canadians interested in arbing will use it.
legendary
Activity: 1512
Merit: 1000
@theshmadz
December 08, 2013, 02:58:20 PM
#34
This is going to be tested very soon...  Wink

Do you see the buy orders waiting to be filled ? Good luck  Wink

https://www.cavirtex.com/news

Perhaps more buy orders on the way?

Starting to look like December could be a very exciting month.
full member
Activity: 364
Merit: 100
Justice as a Service Infrastructure
December 08, 2013, 02:37:29 PM
#33

that was because of CHINESE GOVs wanted to buy CHEAP... so they are spreading FUD... so bitcoin crashes... then they can buy cheap bitcoins...

when chinese govs.. get enough bitcoin... they'll say... (CHINESE ACCENT) OOWKEY BITCOIN IS ACCEPTED IN CHINA... lol

As conspiracy theories go, this is one I could get behind!

Not sure if serious or sarcasm but their foreign reserves alone is like 300x the size of Bitcoin market cap..
sr. member
Activity: 252
Merit: 250
December 08, 2013, 02:27:05 PM
#32
YEP!

it has been dipping to $695 but it is back to $710....

it REFUSES to go below $700... but around $700 is also okay...

needs to refuel... next stop.. MARS!!!

Cheesy

If someone decides to sell to go a trip for christmas the price will drop to 500.
What i 'm saying is that it is a little to early to start celebrating  Roll Eyes
sr. member
Activity: 254
Merit: 250
December 08, 2013, 02:24:09 PM
#31

that was because of CHINESE GOVs wanted to buy CHEAP... so they are spreading FUD... so bitcoin crashes... then they can buy cheap bitcoins...

when chinese govs.. get enough bitcoin... they'll say... (CHINESE ACCENT) OOWKEY BITCOIN IS ACCEPTED IN CHINA... lol

As conspiracy theories go, this is one I could get behind!
sr. member
Activity: 462
Merit: 250
Free World
December 08, 2013, 01:34:46 PM
#30
it has a very strong wall...

it tried dipping into $600 but went back up to $700

and weekend is almost over...

in just a few hours more...

back to normal business hours... which means $700 is gonna go up...



Well normal business hours didn't work so well on Friday.

that was because of CHINESE GOVs wanted to buy CHEAP... so they are spreading FUD... so bitcoin crashes... then they can buy cheap bitcoins...

when chinese govs.. get enough bitcoin... they'll say... (CHINESE ACCENT) OOWKEY BITCOIN IS ACCEPTED IN CHINA... lol
sr. member
Activity: 462
Merit: 250
Free World
December 08, 2013, 01:28:19 PM
#29
This is going to be tested very soon...  Wink

Do you see the buy orders waiting to be filled ? Good luck  Wink

that's a good sign..

nobody is selling cheap...

if you want it.. buy it... but it ain't cheap..

member
Activity: 113
Merit: 10
December 08, 2013, 01:06:10 PM
#28
This is going to be tested very soon...  Wink

Do you see the buy orders waiting to be filled ? Good luck  Wink
legendary
Activity: 1652
Merit: 1265
December 08, 2013, 01:02:18 PM
#27
Just a few more day and we're going TOO DA MOON!!!!!  Grin
sr. member
Activity: 462
Merit: 250
Free World
December 08, 2013, 12:57:53 PM
#26
it has a very strong wall...

it tried dipping into $600 but went back up to $700

and weekend is almost over...

in just a few hours more...

back to normal business hours... which means $700 is gonna go up...

legendary
Activity: 2170
Merit: 1094
December 08, 2013, 12:49:34 PM
#25

yep!!!

$700 is the new $150

This is going to be tested very soon...  Wink
sr. member
Activity: 308
Merit: 251
Giga
December 08, 2013, 12:48:34 PM
#24

yep!!!

$700 is the new $150

didn't we end up going to below $100 for sometime after that.
sr. member
Activity: 462
Merit: 250
Free World
December 08, 2013, 12:43:53 PM
#23

yep!!!

$700 is the new $150
sr. member
Activity: 462
Merit: 250
Free World
December 07, 2013, 06:34:13 PM
#22
YEP!

it has been dipping to $695 but it is back to $710....

it REFUSES to go below $700... but around $700 is also okay...

needs to refuel... next stop.. MARS!!!

Cheesy
member
Activity: 118
Merit: 10
December 07, 2013, 05:34:01 PM
#21
I will believe $700 is the new $150 few weeks later, at christmas
sr. member
Activity: 462
Merit: 250
Free World
December 07, 2013, 05:29:29 PM
#20
Dnt forget..

LACK OF BITCOINS is the root of all EVIL....

thats why CHINESE GOV is spreading FUD...

so they can BUY BITCOINS CHEAP!...

when CHINESE GOVs have enough bitcoins... they'll say...

(chinese accent) OWKIE WE ACCEPT BITCOINS

Cheesy

It could be a possibility, chinese are masters at manipulation. But even if it is the case, they will bring the price way lower to buy.

they do not want it to be VERY OBVIOUS...
sr. member
Activity: 252
Merit: 250
December 07, 2013, 05:15:36 PM
#19
The senate meeting barely had any impact on the price. It was news from china + more news from china that brought the price that high.
Disagree. The senate meeting played a significant role in the rise from the low hundreds to over one thousand.

Because the chinese gave a single fuck about the senate hearing? It was the chinese driving the price all the way.
sr. member
Activity: 462
Merit: 250
Free World
December 07, 2013, 05:03:17 PM
#18
Dnt forget..

LACK OF BITCOINS is the root of all EVIL....

thats why CHINESE GOV is spreading FUD...

so they can BUY BITCOINS CHEAP!...

when CHINESE GOVs have enough bitcoins... they'll say...

(chinese accent) OWKIE WE ACCEPT BITCOINS

Cheesy
full member
Activity: 189
Merit: 100
Hello
December 07, 2013, 04:39:54 PM
#17
I remember the price bouncing from $260 to $60 to $150, and then gradually falling down to $60 again.  Yes, I think that $700 is the new $150.

Also, like $150, I think that in six months people will be thinking: "Wait, I could have bought a whole bitcoin for only $700???"  

Apparently you also don't remember that the blockchain had forked, MtGox couldnt be logged into for 8 hours prior to 8 hours of lag and a 12 hours shutdown and panic was induced.  This panic was induced with sheer brute force of running up fear and then dropping 5000 coins into a GoxLoop™ followed by another 5,000 coin drop while everyone re-grouped and this induced a pain and natural correction and crash that resulted in a 50% drop.  The comparisons to April are slim, no forks, no outages and it was in need of a small community based correction.  Sorry you decided to say "Faq BTC" at 100$ and threw your cash away, if you were noting comparisons you would also note that the run down in April still finished 5 times higher than where it started ie (12$ - 60$) so start at 109$ x 5 = 545 would be the new 57.  Good luck with your 200$ bids though,  I wish you the best on encouraging others to donate to you
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
December 07, 2013, 04:17:00 PM
#16
The senate meeting barely had any impact on the price. It was news from china + more news from china that brought the price that high.
Disagree. The senate meeting played a significant role in the rise from the low hundreds to over one thousand.
sr. member
Activity: 252
Merit: 250
December 07, 2013, 04:14:47 PM
#15
The senate meeting barely had any impact on the price. It was news from china + more news from china that brought the price that high.
hero member
Activity: 486
Merit: 500
December 07, 2013, 03:54:54 PM
#14
panic buying just because you sold to buy lower this will be back to 800
full member
Activity: 136
Merit: 100
Why the long face?
December 07, 2013, 03:27:12 PM
#13
I remember the price bouncing from $260 to $60 to $150, and then gradually falling down to $60 again.  Yes, I think that $700 is the new $150.

Also, like $150, I think that in six months people will be thinking: "Wait, I could have bought a whole bitcoin for only $700???"  
full member
Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
December 07, 2013, 03:15:10 PM
#12
full member
Activity: 189
Merit: 100
Hello
December 07, 2013, 03:11:02 PM
#11
Or 570 is the new 57
legendary
Activity: 2062
Merit: 1035
Fill Your Barrel with Bitcoins!
December 07, 2013, 02:32:08 PM
#10
Things aren't always what they seem  Undecided
hero member
Activity: 602
Merit: 500
December 07, 2013, 01:12:42 PM
#9
I still find it had to believe that bitcoins are sustainable even at $700 range. I just don't see enough buyers willing to cash out all the people holding coins and I think if the price holds around here for long there will start to be more and more selling pressure.

Probably just a short term hold around here as people still think it is cheap. Will probably hold around here for a few days and then start to head lower. The first bubble went down in steps like this also and it looked like it had hit the bottom many times.  
sr. member
Activity: 462
Merit: 250
Free World
December 07, 2013, 01:10:01 PM
#8
Smiley

remember those days with $150 strong hold?

here comes the $700



You are around for only two months?

my profile says:
Date Registered:    August 04, 2012, 05:36:20 PM

so yeah I think you're right?
hero member
Activity: 574
Merit: 506
December 07, 2013, 01:06:26 PM
#7
Smiley

remember those days with $150 strong hold?

here comes the $700



You are around for only two months?
sr. member
Activity: 462
Merit: 250
Free World
December 07, 2013, 01:05:04 PM
#6

when it was $150stronghold + CHINA rally + Senate Meeting = price shoots up $1000+


now that it is on $700stronghold + (I dnt know yet) +  (I dnt know yet) = New PRICE HERE....


let's not forget that the $1000+mark caused a lot of "MORE ATTENTION" than the first $100+mark... when bitcoin got to $100... it got around 1400%+ increase in mining difficulty... which means more people are mining + ASICs coming in...

Smiley

full member
Activity: 189
Merit: 100
Hello
December 07, 2013, 11:40:54 AM
#5
Because it has hovered around $700 for half a day?
Because the amount of volume that was required for this drop was much lower than normal due to lack of moral around false news brigades, now that we hit 50% of the price the volume didn't match the amount of the 900 -450 drop until all the buys back in.  Its going back up, people try to compare this to April where we had MtGox go down, Lag for 4 hours (with no GoxLoop™) and the blockchain forked.  Of course its different this time, not for no reason but for those reasons.  Don't get caught up in the greed train..
newbie
Activity: 19
Merit: 0
December 07, 2013, 11:37:17 AM
#4
i think the price will move between 600-800 now.
newbie
Activity: 50
Merit: 0
December 07, 2013, 11:37:00 AM
#3
Because it has hovered around $700 for half a day?
sr. member
Activity: 448
Merit: 250
December 07, 2013, 11:33:28 AM
#2
600 will be tested and may be breached today or tomorroe.
sr. member
Activity: 462
Merit: 250
Free World
December 07, 2013, 11:26:08 AM
#1
Smiley

remember those days with $150 strong hold?

here comes the $700

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