Author

Topic: Testing the 500 support (Read 1256 times)

legendary
Activity: 1582
Merit: 1001
November 20, 2013, 01:04:20 AM
#12
I'm guessing 3 maybe 400 bottom
It seems like yesterday though when 140 was the ceiling
legendary
Activity: 2618
Merit: 1105
November 20, 2013, 12:55:08 AM
#11
Itll crash till around 300 maybe?
sr. member
Activity: 532
Merit: 261
­バカ
November 20, 2013, 12:36:45 AM
#10
So...
sr. member
Activity: 280
Merit: 250
November 19, 2013, 10:37:09 PM
#9
And, it's gone
Nah, not really yet, it just went to 480 and then back up.
hero member
Activity: 546
Merit: 500
hm
November 19, 2013, 08:50:37 PM
#8
On Gox there are over 10 000 btc on buy until 500$
legendary
Activity: 1764
Merit: 1015
November 19, 2013, 08:42:24 PM
#7
Still, price is insane. Dropping and climbing like that is not healthy.

Is everyone's memory really that short?  People said this when it went from ~$1 to ~$0.5 in spring 2011.  And again in the summer of 2011.  And in 2012.  And early 2013.  Hell, I was one of the most obnoxious ones saying it.  The fact is, volatility like this will be with the bitcoin market for a long time.  There's just no way around it.  Coins need to get more widely distributed and there need to be more services accepting bitcoin.  It's going to take a long time people.

This level of volatility is frustrating.  But, it's encouraging that so far the bitcoin ecosystem has been able to bounce back from it.  I'd say that's a sign of health.  We're growing.  It's going to be painful.  But more and more it's looking like this whole experiment has what it takes to stick around and be a major system for global commerce.
I remember Proudhon Cheesy
legendary
Activity: 2198
Merit: 1311
November 19, 2013, 08:38:06 PM
#6
Still, price is insane. Dropping and climbing like that is not healthy.

Is everyone's memory really that short?  People said this when it went from ~$1 to ~$0.5 in spring 2011.  And again in the summer of 2011.  And in 2012.  And early 2013.  Hell, I was one of the most obnoxious ones saying it.  The fact is, volatility like this will be with the bitcoin market for a long time.  There's just no way around it.  Coins need to get more widely distributed and there need to be more services accepting bitcoin.  It's going to take a long time people.

This level of volatility is frustrating.  But, it's encouraging that so far the bitcoin ecosystem has been able to bounce back from it.  I'd say that's a sign of health.  We're growing.  It's going to be painful.  But more and more it's looking like this whole experiment has what it takes to stick around and be a major system for global commerce.
hero member
Activity: 910
Merit: 501
November 19, 2013, 08:32:15 PM
#5
I need 270. Will support hardly bellow. Smiley

I'll let out a hardy bellow at $350, tank you very much.  Wink
legendary
Activity: 1064
Merit: 1001
November 19, 2013, 08:28:21 PM
#4
Still, price is insane. Dropping and climbing like that is not healthy.
sr. member
Activity: 532
Merit: 261
­バカ
November 19, 2013, 08:06:42 PM
#3
support at $500? but 500 was just three days ago  Cheesy
400 would be more realistic for a serious bull...
sr. member
Activity: 280
Merit: 250
November 19, 2013, 08:03:42 PM
#2
And, it's gone
sr. member
Activity: 280
Merit: 250
November 19, 2013, 07:55:09 PM
#1
To break or not to break
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