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Topic: The Bubble Popped - page 3. (Read 7872 times)

legendary
Activity: 1064
Merit: 1001
October 24, 2013, 05:36:13 AM
#35
It will go lower. Mark my words.
sr. member
Activity: 364
Merit: 250
October 24, 2013, 05:25:51 AM
#34
If that was "the great bubble pop" I am not scared at all. Just take a look at the 30-day chart.
Let's see how this continues ^^
legendary
Activity: 1064
Merit: 1001
October 24, 2013, 05:11:44 AM
#33
Fuckin congratulations. I was 100% sure it will pop. After my argue with a respected member on this forum, he convinced me that price can recover (see low 150 and recoup to 200) BUT i do think more downward will happen.

So rally is over, go home!
full member
Activity: 196
Merit: 100
October 24, 2013, 04:46:25 AM
#32
I got a feeling experienced traders are playing games with you lot.
Think I'll keep my coins safety in cold storage.
If others want them they will have to pay me more for them, not less. A *lot* more.

+1

i think theres a few big dogs dicking around. it still wouldnt take much money(for uber rich people) to do this.
legendary
Activity: 1652
Merit: 1016
October 24, 2013, 04:07:54 AM
#31
I got a feeling experienced traders are playing games with you lot.
Think I'll keep my coins safety in cold storage.
If others want them they will have to pay me more for them, not less. A *lot* more.
member
Activity: 67
Merit: 10
October 24, 2013, 04:03:59 AM
#30
Did it pop? Couldn't be just a bear trap?
hero member
Activity: 728
Merit: 500
October 24, 2013, 04:03:07 AM
#29
Finally! A sane trend is resumed. I have increased my portfolio 12%, and now I can get sleep at night...

legendary
Activity: 1988
Merit: 1012
Beyond Imagination
October 24, 2013, 03:58:38 AM
#28
Now the bubble popped, it is safe to buy Wink
full member
Activity: 239
Merit: 100
October 24, 2013, 03:48:37 AM
#27
What's with the instant dick-grabbing and crying bubble pop when the bubble hasn't even had time to form yet.

It was a correction, we're still going to the moon. Best ready your cosmonaut gear or you'll be left on the ground coughing from all the dust and exhaust gases.
zby
legendary
Activity: 1594
Merit: 1001
October 24, 2013, 03:43:35 AM
#26
Interestingly, the price seems to hold relatively well in China

Mind you I was just about to make the same point, then re checked the ticker and saw some huge movements

http://bitcoinity.org/markets/btcchina/CNY

not anymore, I just watched it take a steep dive, to 1000 then back to 1100

Looks like everywere it was about 25%.
full member
Activity: 138
Merit: 100
October 24, 2013, 03:41:22 AM
#25
I mean - even those who bought @32 in 2011 look pretty good now. 2 years from now, 266 will look incredibly cheap.

So stop gamble your coins away because each coin will buy you a Porsche in 2020.


True, this is one of possible scenarios. I personally have few coins, and if the price goes to 0, I wouldnt mind. I dont need to sell in few next years
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
October 24, 2013, 03:30:30 AM
#24
I'm buying back more whenever it dips! But I'm enjoying this extreme volatility  at the moment for profit sake.


So true, traders paradise. Now the price could go under 100

That's one thing I never understand: Sellers who sell now at 160 apparently consider this a good price when just a few minutes ago, 200 was too cheap. Same for buyers: Many bought at around 200, apparently thinking this is a good price when a few weeks back they thought 100 too expensive.

The trick to make money is buying low, selling high. Panic selling / buying does not pay (unless you panic first). Newbies alwas seem to believe that Bitcoin is a Ponzi Scheme and the price will fall to zero, when time and again it recovered quickly after a crash. I mean - even those who bought @32 in 2011 look pretty good now. 2 years from now, 266 will look incredibly cheap.

So stop gamble your coins away because each coin will buy you a Porsche in 2020. In case you didn't notice, China is already recovering. Just like Gold, Bitcoins move east.
full member
Activity: 196
Merit: 100
October 24, 2013, 03:25:26 AM
#23
I get the impression whales are playing with this market a little bit.

kind of like an old school pump and dumps

emotional buying and selling is usually a bad idea in these circumstances
hero member
Activity: 574
Merit: 500
October 24, 2013, 03:14:58 AM
#22
Damn before I'll have any fiat to re buy with....the markets are rallying ahahahahha roller coasterssss
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
October 24, 2013, 03:14:02 AM
#21
I predict this trend and post a warning in Chinese board, but I'm not sure, I feel this is just one adjustment.
hero member
Activity: 840
Merit: 1000
October 24, 2013, 03:09:49 AM
#20
Cheesy Let the weak hands sell!

See you guys at $266, $500, $1000, etc.

Yeah, they are worth AT LEAST $1000!!1!

At least for me Bitcoins are worth more than $1000, I dont need to sell soon, I have enought fiat  Smiley
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
October 24, 2013, 03:09:27 AM
#19
The market's a rollercoaster atm, fun times. Cheesy
hero member
Activity: 574
Merit: 500
October 24, 2013, 03:08:56 AM
#18
Interestingly, the price seems to hold relatively well in China

Mind you I was just about to make the same point, then re checked the ticker and saw some huge movements

http://bitcoinity.org/markets/btcchina/CNY

not anymore, I just watched it take a steep dive, to 1000 then back to 1100
legendary
Activity: 980
Merit: 1040
October 24, 2013, 03:07:59 AM
#17
Interestingly, the price seems to hold relatively well in China
sr. member
Activity: 294
Merit: 250
October 24, 2013, 03:07:41 AM
#16
Quote
Before we all start calling Bitcoin a bubble again, let’s not lose sight of the fact that by creating $85 billion in new money every month, Ben Bernanke is creating the equivalent of 42 new Bitcoin markets (all the bitcoins in existence are worth only around $2 billion) every single month. That’s just the Fed, we all know central banks around the world are also printing.
http://libertyblitzkrieg.com/2013/10/23/bitcoins-biggest-exchange-is-now-in-china-as-the-price-tops-200btc/
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