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Topic: The panic selling has begun (Read 5710 times)

newbie
Activity: 22
Merit: 0
January 13, 2016, 03:26:25 AM
#82
china stocks went down and btc price alsow went down, lol.

it means it has little to do with stocks.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
January 13, 2016, 02:17:41 AM
#81
it isn't occurring now because the bitcoin is probably become the safe place for the Chinese stock refugees.  Grin
do you think that bitcoin is actually crashing? i don't agree for this at this moment.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
August 17, 2015, 09:45:40 AM
#80

individuals might not, but look at the big money coming into companies from investors.  I mean they can get $80-100 mil investment, why not put some more into btc itself? 


All that would do is create a temporary spike and then they'd be dumped on by the hostile brats they bought from.

As is often preached on here, it's mass adoption or death pretty much. You foster mass adoption by creating services and utilities that are hard to resist. That's what they're all up to.
hero member
Activity: 560
Merit: 500
August 17, 2015, 09:41:44 AM
#79
going below 260 is not new
just watch and wait price will go up again to 280 or close to 300


Not until all this fork business is resolved.

It doesn't make sense to not at least hedge while all this is going on. The price isn't going to rise while there is this much uncertainty. Why would you be buying with any new money right now?

individuals might not, but look at the big money coming into companies from investors.  I mean they can get $80-100 mil investment, why not put some more into btc itself?  I know there's been a lot of talk on here about the wall street money "about to come in!" but I am definitely surprised it hasn't yet.  Once I saw companies liek coinbase getting huge investments thats when I knew institutional money would come in eventually.
hero member
Activity: 798
Merit: 1000
August 17, 2015, 09:26:46 AM
#78
going below 260 is not new
just watch and wait price will go up again to 280 or close to 300


Not until all this fork business is resolved.

It doesn't make sense to not at least hedge while all this is going on. The price isn't going to rise while there is this much uncertainty. Why would you be buying with any new money right now?
sr. member
Activity: 336
Merit: 250
August 17, 2015, 08:55:30 AM
#77
going below 260 is not new
just watch and wait price will go up again to 280 or close to 300
full member
Activity: 168
Merit: 100
Professional Gamer
August 17, 2015, 08:48:04 AM
#76
drop will come maybe to 230$ in the next days

I was trying my best to hold onto some BTC, just to see out the month of september (lots of chatter about economic chaos next month) but I dont think I can stomach any more losses.

The buy support looks super weak, could we even be going down sub $200?  I mean I've seen $50 drops in a single day before, I dont think its unreasonable to move that low in a day or two.



what i can say i think price will drop till the end of the month maybe from the september will go up again thats what i think right now about bitcoin



I dont think bitcoin are good for hold these days if you will trade everyday thats PERFECT. but holding BTC, NO.


legendary
Activity: 1498
Merit: 1000
August 17, 2015, 08:45:49 AM
#75
drop will come maybe to 230$ in the next days

I was trying my best to hold onto some BTC, just to see out the month of september (lots of chatter about economic chaos next month) but I dont think I can stomach any more losses.

The buy support looks super weak, could we even be going down sub $200?  I mean I've seen $50 drops in a single day before, I dont think its unreasonable to move that low in a day or two.
Where did you buy?
hero member
Activity: 560
Merit: 500
August 17, 2015, 08:44:07 AM
#74
drop will come maybe to 230$ in the next days

I was trying my best to hold onto some BTC, just to see out the month of september (lots of chatter about economic chaos next month) but I dont think I can stomach any more losses.

The buy support looks super weak, could we even be going down sub $200?  I mean I've seen $50 drops in a single day before, I dont think its unreasonable to move that low in a day or two.
full member
Activity: 168
Merit: 100
Professional Gamer
August 17, 2015, 08:34:19 AM
#73
drop will come maybe to 230$ in the next days
hero member
Activity: 560
Merit: 500
August 17, 2015, 08:32:21 AM
#72
Less than 1h to drop under $260.

...and we're under $260.  support holding off a further drop?  I'm not good at market analysis, but looking at the bitstamp charts shows very shallow buy support...
ask
legendary
Activity: 1386
Merit: 1004
August 16, 2015, 12:11:03 AM
#71
Less than 1h to drop under $260.
legendary
Activity: 1582
Merit: 1064
August 16, 2015, 12:03:32 AM
#70
Price is going down.  No buying pressure.  We are seeing lower highs.

Bye bye 270, hello 250.

A steady drift downwards. $260 seems to be the new (temporarily) stable level.
Not looking good.

full member
Activity: 235
Merit: 250
August 15, 2015, 03:48:55 PM
#69
Catching the falling knife is the best way to buy a lot of btc at a low price. Market depth works in your favour.
soon $300 again
ask
legendary
Activity: 1386
Merit: 1004
August 15, 2015, 03:36:02 PM
#68
Price is going down.  No buying pressure.  We are seeing lower highs.

Bye bye 270, hello 250.
legendary
Activity: 1358
Merit: 1016
August 14, 2015, 10:31:38 AM
#67
I don't think ask has the slightest clue what is happening. Same as everyone else.

He fooled a few. Even me.
member
Activity: 84
Merit: 10
August 14, 2015, 10:26:07 AM
#66
Was just a small dump and now Bitcoin going high again.

Seems tha a miner would be unloading his coins to pay for the bills or maybe a whale was doing this to buy bitcoins at low prices.
ask
legendary
Activity: 1386
Merit: 1004
August 14, 2015, 12:04:14 AM
#65
Waiting for sub $250 coins.

Daily MACD and divergence are negative, daily PSAR bearish and unlikely to flip soon, price is close to the lower daily BB.
So I'd be surprised if we wouldn't see 240$ soon. Actually a healthy dump could reach below 240$.

Yes. It is similar situation as it was between 1-9 June this year.

But after that: PRICE EXPLODED

But now I thing we will go down.
ask
legendary
Activity: 1386
Merit: 1004
August 13, 2015, 09:27:11 AM
#64
Waiting for sub $250 coins.

Daily MACD and divergence are negative, daily PSAR bearish and unlikely to flip soon, price is close to the lower daily BB.
So I'd be surprised if we wouldn't see 240$ soon. Actually a healthy dump could reach below 240$.

Yes. It is similar situation as it was between 1-9 June this year.

But after that: PRICE EXPLODED
legendary
Activity: 1092
Merit: 1000
I'm a Firestarter!
August 13, 2015, 09:21:39 AM
#63
why panic ? nothing special happened
Exact. I don't see any panic sales. People are selling, other people buy, nothing unusual.
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