Price dropping , bitstamp low @ US$619

ThatDGuy

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Quote from: Krabby on July 08, 2014, 01:16:36 PM

Quote from: Wolf Rainer on July 08, 2014, 12:24:17 PM

Stop with this threads, bitcoin it´s healty and i will become the biggest currency of the world so stop trying and wishing it to fail.

I don't see why they want it to fail.
Cheap coins?

Bingo. The few that genuinely want it to fail are the ones that missed too many buying opportunities or sold all they had low and are just bitter.

Krabby

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https://primedao.eth.link/#/

Quote from: Wolf Rainer on July 08, 2014, 12:24:17 PM

Stop with this threads, bitcoin it´s healty and i will become the biggest currency of the world so stop trying and wishing it to fail.

I don't see why they want it to fail.
Cheap coins?

Wolf Rainer

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Stop with this threads, bitcoin it´s healty and i will become the biggest currency of the world so stop trying and wishing it to fail.

negafen

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Quote from: Ibian on July 08, 2014, 08:08:29 AM

Quote from: beegatewood on July 08, 2014, 07:45:17 AM

Quote from: Equate on July 08, 2014, 07:23:21 AM

Quote from: CounterStrike on July 08, 2014, 07:01:08 AM

Looks like another low is coming, more bad news then expected..

Its price correction and still BTC is above 600 , so not that much to worry about.

Its worrying, the last time BTC drop from 600 to 500 in few hours...

Sure hope so. I'm not done buying.

May load up if the price drop to less than 500.

Ibian

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Quote from: beegatewood on July 08, 2014, 07:45:17 AM

Quote from: Equate on July 08, 2014, 07:23:21 AM

Quote from: CounterStrike on July 08, 2014, 07:01:08 AM

Looks like another low is coming, more bad news then expected..

Its price correction and still BTC is above 600 , so not that much to worry about.

Its worrying, the last time BTC drop from 600 to 500 in few hours...

Sure hope so. I'm not done buying.

beegatewood

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Quote from: Equate on July 08, 2014, 07:23:21 AM

Quote from: CounterStrike on July 08, 2014, 07:01:08 AM

Looks like another low is coming, more bad news then expected..

Its price correction and still BTC is above 600 , so not that much to worry about.

Its worrying, the last time BTC drop from 600 to 500 in few hours...

Equate

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Quote from: CounterStrike on July 08, 2014, 07:01:08 AM

Looks like another low is coming, more bad news then expected..

Its price correction and still BTC is above 600 , so not that much to worry about.

CounterStrike

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Looks like another low is coming, more bad news then expected..

Asrael999

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Quote from: arbitrage001 on July 07, 2014, 09:15:39 AM

Quote from: alex0909 on July 07, 2014, 09:06:34 AM

Quote from: zimmah on July 07, 2014, 09:03:04 AM

Quote from: HashFarmer on July 07, 2014, 03:02:13 AM

Europe banned? When?

they never banned it, they just warned the banks about using it.

They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky".

So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway.

Yeah, Germany legalised it.
France, UK, and the nordic countries have an open mind about it. That's 50%+ of the european GDP.

No way the EU can ban it in the whole union, they would have to all agree about this, and have tons of debate, meetings, etc.

Should not bother regulating it then. Let the market regulate itself.

They actually said to the banks (and no one else) don't use it until we have worked out how we are going to regulate the use of it by you" - ie the banks.

arbitrage001

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Quote from: alex0909 on July 07, 2014, 09:06:34 AM

Quote from: zimmah on July 07, 2014, 09:03:04 AM

Quote from: HashFarmer on July 07, 2014, 03:02:13 AM

Europe banned? When?

they never banned it, they just warned the banks about using it.

They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky".

So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway.

Yeah, Germany legalised it.
France, UK, and the nordic countries have an open mind about it. That's 50%+ of the european GDP.

No way the EU can ban it in the whole union, they would have to all agree about this, and have tons of debate, meetings, etc.

Should not bother regulating it then. Let the market regulate itself.

alex0909

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Quote from: zimmah on July 07, 2014, 09:03:04 AM

Quote from: HashFarmer on July 07, 2014, 03:02:13 AM

Europe banned? When?

they never banned it, they just warned the banks about using it.

They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky".

So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway.

Yeah, Germany legalised it.
France, UK, and the nordic countries have an open mind about it. That's 50%+ of the european GDP.

No way the EU can ban it in the whole union, they would have to all agree about this, and have tons of debate, meetings, etc.

zimmah

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Quote from: HashFarmer on July 07, 2014, 03:02:13 AM

Europe banned? When?

they never banned it, they just warned the banks about using it.

They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky".

So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway.

ALToids

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Low volume. Somebody might be trying to create some action but nobody is moving.

HashFarmer

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Europe banned? When?

HarryT1923

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looks like that was right near the actual low. up now. Wink

jeffthebaker

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Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

I think china has banned bitcoin like 4 times.

But hey maybe they will stop after the 5th ban.

okthen

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Price ain't falling.
It's just slightly bending its knees while preparing to jump Grin

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: BTCfan1 on July 04, 2014, 05:15:39 PM

consolidation / shaking out before post-holiday rally

if you're expecting to see a rally, you're gonna hava a bad time.
no reason to justify even the current price, let alone think about pushing >700$

BTCfan1

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consolidation / shaking out before post-holiday rally

Malin Keshar

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Quote from: U.K.-BTC on July 04, 2014, 06:04:55 AM

Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,

China? ... Banned does not mean eliminated Cheesy

Europe? ... Has his monney in Switzerland and in Luxemburg.

...Swiss accept, or "legalized" Bitcoins, Luxemburg no news. Do you have a source for the statement about Europe?

Here a statement to Switzerland:

http://www.admin.ch/aktuell/00089/index.html?lang=en&msg-id=53513

Any other news? Huh

Its just default bitcoin behavior, some $20 or $30 variations without reason. Only something worth a topicif you use gold price as parameter

vuduchyld

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Quote from: arbitrage001 on July 04, 2014, 10:40:06 AM

619 is non-event. Less than 5% fluctuation.

There are a lot of good news regarding bitcoin lately. More merchants in the US are accepting it as payment. And it looks like Master Card is joining the bandwagon.

Agreed. It wasn't even enough of a drop for me to buy on the dip.

JimboToronto

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You're never too old to think young.

Quote from: Paashaas on July 04, 2014, 08:17:58 AM

Can anyone remove Falllling from this forum? That guy is full of horseschit and has no use here, srsly.

What do you mean Faiiiling has no use? He serves not only as a source of comedy but also as someone people can feel superior to.

Kinda like the 3 Stooges or the Beverley Hillbillies.

arbitrage001

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619 is non-event. Less than 5% fluctuation.

There are a lot of good news regarding bitcoin lately. More merchants in the US are accepting it as payment. And it looks like Master Card is joining the bandwagon.

U.K.-BTC

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Quote from: Bitcopia on July 04, 2014, 10:23:08 AM

This is the best thread I've ever read. Thanks to everyone who ...just ... phenomenal.

thanks Hero Member! Roll Eyes

You can tip me @ my wallet adres... sdfjghdfug?.?.?.?... Roll Eyes

_{ok, just joking. let's exeptionnaly have some fun at all this buisi time}

Bitcopia

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This is the best thread I've ever read. Thanks to everyone who has contributed. The insight has just been phenomenal.

Febo

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Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

Hurricane season started, so there might not last much of USA anyway.

kryptopojken

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ZOMG THE SUN JUST BANNED BITCOIN!!!! GUESS WE'RE GOING TO DA MOON INSTEAD!!!

U.K.-BTC

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Quote from: alex0909 on July 04, 2014, 09:12:27 AM

Beginners Tip: don't write ''Trolololo" Grin

ok, i'm a beginner... Tongue

but, let me say that: S E L L, S E L L, do it now, be fast and S E L L all what you can!

but dont use European trade-services, to risky afther the bann. do it .... directly to me! Kiss

_{(i just found my account, ready to buy all your panic selling )}

alex0909

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Quote from: Lethn on July 04, 2014, 09:01:08 AM

UK just banned Bitcoin trolollolololololl

Beginners Tip: When you try to troll, don't write ''Trolololo" Grin

Lethn

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UK just banned Bitcoin trolollolololololl

gentlemand

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Welt Am Draht

I forbade my friend's dog from touching it. He looked crestfallen, pissed on me and then went off to inform his furry friends. Dump imminent.

silvercane

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Quote from: dgarcia on July 04, 2014, 08:55:09 AM

Quote from: blatchcorn on July 04, 2014, 06:51:37 AM

I have banned bitcoin in my house PANIC SELLING

You have to open a thread to declare it. You need more audience. With more audience and more private prohibtions of bitcoin we'll see the next drop...

c'mon! I'm going to ban bitcoin, too!

I also banned bitcoin from my children. The future for bitcoin is over, sell now or you'll wake up tomorrow morning with your coins worth fractions of cents!

dgarcia

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Quote from: blatchcorn on July 04, 2014, 06:51:37 AM

I have banned bitcoin in my house PANIC SELLING

You have to open a thread to declare it. You need more audience. With more audience and more private prohibtions of bitcoin we'll see the next drop...

c'mon! I'm going to ban bitcoin, too!

silvercane

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Falling?
All I can see is a nice $640USD mark on preev. Looking good for me!

Paashaas

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Can anyone remove Falllling from this forum? That guy is full of horseschit and has no use here, srsly.

Krabby

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https://primedao.eth.link/#/

OH SHEESH YALL, ANTARTICA BANNED BITCOIN! SELL SELL.
Adam is no longer allowed in his home.

gondel

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Quote from: opsgame on July 04, 2014, 05:47:06 AM

any news

HI,
BTC was under 550% these days so the price of 625 as it is now is not bad. For me a border under 600$ is mark that is getting low. Virtual currencies are huge risk in these early days so dont worry if you end up without no cash . Price is something which we will see grow in the next years as my opinion, but we will see.

wonkytonky

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russia went more postive again on bitcoin, lately.

europe just did some research.. and warns a bit for risks.. they want to keep viritual currencies away from normal banking for now..
because cryptos are of high risks..
they not banning on exchanges or antyhing like that.

rtfm

man.. the cheap coins attempts are getting funny lately thanks for that .. gotta scoop a few below 630 wich was my target..

alsong 1 country thinks btc is not bad.. btc is winning. soon there will be, and are already. crypto safe heavens

to play outside the box.

Elwar

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Viva Ut Vivas

I took my phone full of bitcoins to the bank and tried to make a deposit.

Not only did the cashier advise against doing that, the bank manager said she is prohibited from depositing my bitcoins into my bank account!

Wells Fargo prohibits bitcoins!

blatchcorn

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I have banned bitcoin in my house PANIC SELLING

falllling

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Quote from: MICRO on July 04, 2014, 06:44:15 AM

Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

HAha, same old story , China banned bitcoin 15564848th time !

yes and that's why bitcoin only worths half of the top bubble now. you see Europe is following too, i guess $300 is coming?

MICRO

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Oldschool!

Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

HAha, same old story , China banned bitcoin 15564848th time !

Hyena

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Africa just banned bitcoin! DOOM AND GLOOM EVERYONE, SELL!!!!

U.K.-BTC

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Quote from: falllling on July 04, 2014, 06:09:10 AM

EUROPEAN BANKING AUTHORITY ADVISES BANKS IN EU NOT TO BUY, HOLD OR SELL VIRTUAL CURRENCIES LIKE BITCOIN UNTIL NEW RULES IN PLACE
Fri, Jul 04 05:00 AM EDT

I prefer that the banks do not have the Bitcoins. They are in better hands with the citizens.

In Switzerland there was the same statement (banks, please be careful with Bitcoins), until tha official statement. So this Reuters news does not mean that there will be a negative statement, it is conceivable that a similar statement as in Switzerland will follow?

maker88

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Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

europe banned bitcoin?! lol! jesus fallling you dont even try anymore do you?

Wilhelm

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Quote from: alex0909 on July 04, 2014, 06:11:29 AM

Bear trap? Grin

Troll-trap Wink

alex0909

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Bear trap? Grin

falllling

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http://www.bloomberg.com/news/2014-07-04/eu-banks-must-shun-bitcoin-until-rules-in-place-eba-says.html
http://mobile.reuters.com/article/idUSL6N0PE4M420140704?irpc=932

Quote

TOP NEWS
EUROPEAN BANKING AUTHORITY ADVISES BANKS IN EU NOT TO BUY, HOLD OR SELL VIRTUAL CURRENCIES LIKE BITCOIN UNTIL NEW RULES IN PLACE
Fri, Jul 04 05:00 AM EDT

Quote

“The more likely result of the announcement is to scare people from using digital currencies rather than banks.”

Let me get this straight: "advise" means "ban"

+ Russia banned bitcoin

U.K.-BTC

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Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,

China? ... Banned does not mean eliminated Cheesy

Europe? ... Has his monney in Switzerland and in Luxemburg.

...Swiss accept, or "legalized" Bitcoins, Luxemburg no news. Do you have a source for the statement about Europe?

Here a statement to Switzerland:

http://www.admin.ch/aktuell/00089/index.html?lang=en&msg-id=53513

Any other news? Huh

FelixOliver

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The EBA has "advised against the use of crypto currencies".. as you would expect them to, given their slave master heritage.

doesn't sound like a ban to me though.. but, overall, sentiment seems bearish... I'd advise to sell now and cut your losses if you bought in recently.

falllling

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Quote from: dgarcia on July 04, 2014, 06:02:22 AM

Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,

The us alone can't hold such a bubble price

Oh shit, now as you said this...

...I'll better sell.

And don't forget Bolivia...

better sell now before losing more

dgarcia

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Quote from: falllling on July 04, 2014, 05:59:18 AM

China banned bitcoin,
Europe banned bitcoin,

The us alone can't hold such a bubble price

Oh shit, now as you said this...

...I'll better sell.

And don't forget Bolivia...

falllling

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Activity: 112

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China banned bitcoin,
Europe banned bitcoin,
Russia banned bitcoin

The us alone can't hold such a bubble price

opsgame

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Activity: 24

Merit: 0

any news

Topic: Price dropping , bitstamp low @ US$619 (Read 4517 times)