Topic: Price Drop 6/2/13!?! (Read 1841 times)
It's scary for me because i just bought my first coins at $130
Maybe when instability is the norm, one tries to take advantage of it.
Today has proved, that even when price drops like $15 panic selling is not as true as many think. 
drop or up is normal to trading system.
i hope it drop more,than i can buy some.
i hope it drop more,than i can buy some.
Nope that's well within the expected volatility of bitcoin 10% ain't that big for bit 
Also means the market is resilient
Also means the market is resilient
It is not really a big drop, now it is at $119, BTC fluctuations are very high given the volatility, nothing to worry about.
Panic sell and price fluctuation
Trojan, you have 1 post and -5 trust feedback. The hell?
Anyway, it will be interesting to see where btc goes from here...
Anyway, it will be interesting to see where btc goes from here...
Meh that was spare change didn't hit my buy point
I kind of want it to drop to $100 since I was looking at buying a little...
the normal up and down
Looks like 115 might have been bottom for now.
Someone selling 20k+ coins at once, we don't know why.
Maybe he couldn't buy the villa with Bitcoins yet.
Maybe he couldn't buy the villa with Bitcoins yet.
How do you know that a 20,000 coin sell would caused the price drop of $8?
There is speculation on Reddit.
Yes, holding seems a good option if you're like me - a pathetic excuse for a day trader. Lost 20 bitcoins so far trying to ride the highs and lows. 
Every time I see the price fluctuate I look at the YTD or all time charts to get some perspective.
Remember you don't take a loss unless you sell low. If you bought at 130 just relax.
I bought reddit gold and some actual gold from amagi with btc over the weekend. I immediately bought more btc to cover the cost.
The price didn't affect the transactions at all. It is trending up overall.
Remember you don't take a loss unless you sell low. If you bought at 130 just relax.
I bought reddit gold and some actual gold from amagi with btc over the weekend. I immediately bought more btc to cover the cost.
The price didn't affect the transactions at all. It is trending up overall.
Buy low, sell high..
Someone selling 20k+ coins at once, we don't know why.
Maybe he couldn't buy the villa with Bitcoins yet.
Maybe he couldn't buy the villa with Bitcoins yet.
How do you know that a 20,000 coin sell would caused the price drop of $8?
Seems like there are still several smaller sell-offs going right now, if you watch them at http://bitcoinity.org/markets/mtgox/USD you can tell that those are most likely single-selloffs.
Price fluctuates, dont worry about it.
Yeah, selling now would be plain dumb, the price is going to up again eventually.
Looks like 115 might have been bottom for now.
Price fluctuates, dont worry about it.
What I am saying is that if the ball gets rolling there will be no stopping its decline!!
Actually this is false.
It gets easier to stop it when it goes lower as you need less money to do so.
Just like it's easier to crash it with less Btc when it's going up.
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