probably become stable for a while around $4, there is a pretty sizeable bid wall there.
Haha, you weren't around when an 25k wall at 6$ got smashed like it was nothing?
Topic: The Bitcoin Apocalypse 1BTC trading under $5 USD - page 2. (Read 4648 times)
Haha, you weren't around when an 25k wall at 6$ got smashed like it was nothing?
Bitcoin was a very slow and gradual fall. Buyers just dried up. They do not think bitcoins are worth that much obviously. I think it is good that bitcoins are cheap, we can finally start to use them instead of hoarding them.
So, assuming the price levels out, this would be the best time to start buying :-)
Bitcoin was a very slow and gradual fall. Buyers just dried up. They do not think bitcoins are worth that much obviously. I think it is good that bitcoins are cheap, we can finally start to use them instead of hoarding them.
probably become stable for a while around $4, there is a pretty sizeable bid wall there.
I agree, it should stop dropping around $4, as that is the cost for most people to produce them.I do not think it was lowly miners causing the price to drop. It was people with massive amounts of
money that bought BTC or cheaply bought BTC (early adopters) that decided to just dump it all.
Miners do not all sell 15000K at once.. in a one hour period.
Larger players wanted out.
probably become stable for a while around $4, there is a pretty sizeable bid wall there.
I agree, it should stop dropping around $4, as that is the cost for most people to produce them.God I hope it isn't the end, my tv shows arent back on the air yet.
Don't worry, even if it's the end of bitcoin, the bitcoin drama will continue for quite a while yet.
God I hope it isn't the end, my tv shows arent back on the air yet.
Is this the end?
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