No rebound - page 5. | Bitcointalksearch.org

passionsurf

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Activity: 546

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Quote from: lordoliver on June 12, 2014, 06:18:05 PM

Quote from: ?? on ??

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy Shocked

ok we had that already. if you sell 30k now, price will drop 50$ and rebound in a few minutes. Ridiculous.

You guys have it all wrong. These coins are being auctioned off. They are not going to an exchange, so they will ONLY affect the market if the buyer turns around and dumps them all at an exchange after purchase.

tabnloz

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Some large investment firm is going to buy these coins and not for the purpose of selling them. I dont understand why the price is declining. Might be as i just woke up!

TERA

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There should be at least one month spent at $600

keithers

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This is the land of wolves now & you're not a wolf

Quote from: lordoliver on June 12, 2014, 06:18:05 PM

Quote from: ?? on ??

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy Shocked

ok we had that already. if you sell 30k now, price will drop 50$ and rebound in a few minutes. Ridiculous.

Anyone with the liquid funds and ability to bid on those 3,000 BTC blocks is not going to buy them just to dump them on the market. If you have that much disposable cash, then more than likely you have more than half a brain, and you aren't going to be flushing your own money down the toilet.

keithers

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Activity: 1456

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This is the land of wolves now & you're not a wolf

I think you are jumping the gun in thinking that we won't be back at $620 in months... that could take a matter of hours in a little price surge...

lordoliver

legendary

Activity: 1666

Merit: 1020

expect(brain).toHaveBeenUsed()

Quote from: ?? on ??

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy Shocked

ok we had that already. if you sell 30k now, price will drop 50$ and rebound in a few minutes. Ridiculous.

wobber

legendary

Activity: 1064

Merit: 1001

Quote from: xDan on June 12, 2014, 06:14:27 PM

cheap coins incoming, I am excited. I'd like some sub $100 please Cheesy

Everyone is excited by cheap coins but nobody buys...

xDan

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ヽ( ㅇㅅㅇ)ﾉ ~!!

cheap coins incoming, I am excited. I'd like some sub $100 please Cheesy

SkRRJyTC

legendary

Activity: 1008

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Quote from: ?? on ??

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy Shocked

Why would someone buy 3k BTC only to sell them on market?

Do you expect the auction to go for under market price?

flailing Junk

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Boing

Cryptocure

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Lol watch it shoot up past $620 right now.

Tzupy

legendary

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There will be a rebound eventually, but it remains to be seen how weak it will be.
Compared with the drops of early March (from a local peak of 710$) this happened on relatively lower volume.
It strengthens the case for the market still being in wave C.

Don007

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Activity: 1050

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Live like there is no tomorrow!

Quote from: damiano on June 12, 2014, 04:58:16 PM

Quote from: Xer0 on June 12, 2014, 04:57:21 PM

but the sell of the fbi coins will drop the price to sub 100

I think that's a worst case scenario

Indeed, a very very very worse scenario. According to http://bitcoinity.org/markets that might be possible, as it needs 22.33k Bitcoins to fulfill all the buyorders (right? Or am I looking wrong?'). I heard the FBI has over 29k BTC..

However, I'm optimistic.

UnDerDoG81

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This was so sure that it will happen we've seen this a many times now. Price goes up to 650-700 and drops slowly back down to 400s. This must be the third time or so I think.

K128kevin2

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Merit: 250

Quote from: wobber on June 12, 2014, 04:18:37 PM

It's clear for me that there won't be any rebound to 620s or more, for at least few weeks if not even months.

2-months, daily candles graph:

So, 400s here we come. SELL SELL SELL!

What are you basing this off of? Honestly I think that is completely wrong. I think prices will rebound within a few days. If the price went down to $400 ish, this rise and fall would be a pattern that we haven't seen ever occur in bitcoin's history.

JimboToronto

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You're never too old to think young.

Quote from: wobber on June 12, 2014, 04:18:37 PM

SELL SELL SELL!

LOL LOL LOL!

Grin

damiano

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Activity: 1246

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103 days, 21 hours and 10 minutes.

Quote from: Xer0 on June 12, 2014, 04:57:21 PM

but the sell of the fbi coins will drop the price to sub 100

I think that's a worst case scenario

Xer0

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Activity: 826

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°^°

but the sell of the fbi coins will drop the price to sub 100

Don007

legendary

Activity: 1050

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Live like there is no tomorrow!

It think it will "rebound" soon enough. For now, I think the value will decrease even more. Maybe about $500.. After that, we'll rise again steadily.

I've heard there are some rumours right now that the FBI is going to sell the (many(!)) Bitcoins they seized from the owner(s) of Silkroad soon, which might cause this "crash", if you would like to call it a crash.

If that's true, once the Bitcoins are sold, I'm sure it will rise again. For now it's time to buy-in even more at a attractive time

lordoliver

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expect(brain).toHaveBeenUsed()

Quote from: wobber on June 12, 2014, 04:47:44 PM

$574 on Bitstamp... And gets lower and lower

You will see maybe 530 and in 48 hours 650 again.

Topic: No rebound - page 5. (Read 6074 times)