Topic: The sky is falling. (Read 1387 times)
Nothing that has not already seen, and with regard to the time in which it happens is expected to occur.People were selling for Christmas, and will sell for New Year holidays.Early next year the situation should stabilize.This is how it looks now at Bitstamp.
Indeed a steady drop in the last hours, but I suspect it to be a temporary thing and will eat my shoes if it goed beneath $400. Not that it does affect me very much (I only own dust), but who knows it might be a nice oppertunity to get some cheap coins and get to the shoe-store.
Steady and rather sharp drop.
10% in a few hours is nothing to joke about.
Hopefully, it recovers as quickly as it dropped.
Well, the charts indeed are looking somewhat discouraging, especially if one bought in at above $400. But considering the fact that we're in an uptrend in the last two months, I'm confident we'll continue this line. Gotta say I'm a relative n00b regarding trading and markets and stuff, so my vision on this doesn't really hold any value
Indeed a steady drop in the last hours, but I suspect it to be a temporary thing and will eat my shoes if it goed beneath $400. Not that it does affect me very much (I only own dust), but who knows it might be a nice oppertunity to get some cheap coins and get to the shoe-store.
Steady and rather sharp drop.
10% in a few hours is nothing to joke about.
Hopefully, it recovers as quickly as it dropped.
Bitfinex's high of the day was $460, and it reached a low of $413.44 some moments ago. $46 drop in less than 12 hours is quite big if you ask me.
Indeed a steady drop in the last hours, but I suspect it to be a temporary thing and will eat my shoes if it goed beneath $400. Not that it does affect me very much (I only own dust), but who knows it might be a nice oppertunity to get some cheap coins and get to the shoe-store.
Steady and rather sharp drop.
10% in a few hours is nothing to joke about.
Hopefully, it recovers as quickly as it dropped.
Indeed a steady drop in the last hours, but I suspect it to be a temporary thing and will eat my shoes if it goed beneath $400. Not that it does affect me very much (I only own dust), but who knows it might be a nice oppertunity to get some cheap coins and get to the shoe-store.
Yeah. .. you guys should really check the charts... my comments are such nonsense... lol..
so your definition of "quite hard" is $10-$15? don't make me laugh please, you know more than us that those little drop are normals swings of the market
this another pure troll thread, get over it the price will not fall below 400, it's rock solid, buy before we skyrocket at 1200, and you will repeat the same shit, when we will fall again at 1100...
this another pure troll thread, get over it the price will not fall below 400, it's rock solid, buy before we skyrocket at 1200, and you will repeat the same shit, when we will fall again at 1100...
You encouraged us to sell when the price was $260.... now it's at $440 so... anything you say is mute
Just in case you missed my warning earlier today...
It's dropping quite hard
It's dropping quite hard
No, it isn't
It barely is under $445.
China fell harder than BFX. BFX fell from 460 to 437.xx. Still not a little drop. I have no idea about the futures price before and after, nor do I care. China volume is BS so their charts are BS.
Just in case you missed my warning earlier today...
It's dropping quite hard
It's dropping quite hard
No, it isn't
It barely is under $445.
Just in case you missed my warning earlier today...
It's dropping quite hard
It's dropping quite hard
No, it isn't
It barely is under $445.
The thing is that no one uses the hedge fund system with Crypto. I have a "fund" and if the sky were to fall with one coin, I have backups of several coins that will "hedge" the drop. Putting all your eggs in one basket assumes that basket will never fail.
Well this is the point of being a smart investor. By not putting everything in one go or into one investment. Saving enough for another day would be a more sound decision to make when there is not too many eggs available in your disposal in the first place. Don't understimate the effect of Christmas sales and the lack of volume and money flowing into BTC.
Things will be back to the moon when year starts
Things will be back to the moon when year starts
Holiday's bitcoin tradings are known for some reverse aspects. I do see this pull back is to get more power to go forward to break the barriers around $470 to $480 levels. Hoping $500 price levels to welcome the New year.
2016 maybe we will see 600$ for btc
Don't understimate the effect of Christmas sales and the lack of volume and money flowing into BTC.
Things will be back to the moon when year starts
Things will be back to the moon when year starts
200$ best price 
The thing is that no one uses the hedge fund system with Crypto. I have a "fund" and if the sky were to fall with one coin, I have backups of several coins that will "hedge" the drop. Putting all your eggs in one basket assumes that basket will never fail.
It is inevitable for bitcoin prices to fall, what do you expect at the holiday season? No exchanges are open and people are on lounging around. Just hope it rises back up after tomorrow. The sales, if there is massive buying in bitcoin, will rise it back up to levels of last week, $475 about.
Hopefuly you are right, that's what I expect, however I can't complain, bought at $250 , and made a lot of money, however this is an investement, not planning to sell for a long time.
It is inevitable for bitcoin prices to fall, what do you expect at the holiday season? No exchanges are open and people are on lounging around. Just hope it rises back up after tomorrow. The sales, if there is massive buying in bitcoin, will rise it back up to levels of last week, $475 about.
It's hilarious to see people trip over each other to sell in fear time and time again... also a bit sad...
$440 and going down.
If you just look at how much volume it took to bring us slowly back from previous $440 to $460 and how very little it took to bring us all the way down again you know the only thing it's going to do is go down for a while.
If you just look at how much volume it took to bring us slowly back from previous $440 to $460 and how very little it took to bring us all the way down again you know the only thing it's going to do is go down for a while.
Thats the thing, it is not so much about volume at this point than the variation in buying/selling prices. It only takes one person selling at a low price to set the trap up. That one person on one exchange will obviously fill that order quickly and that will knock the bar down for future sales. Plus, I have one wallet with around BTC6 in it. If I go on an exchange and drop all that for $350 per coin, then everyone that sees that gets scared and drops theirs for a low price to hurry out of the market. Then, the whole internet gets scared and does the same. The thing is that a good trader will buy those up and then wait a short period for the market to recover and make a killing.
How much has it dropped? I am away from my house and can't check. I have some funds placed on BTC so would like to know, thanks.
Around $40-50. That is considering the last I checked before just now it was around $495 and now it is around $440.
$440 and going down.
If you just look at how much volume it took to bring us slowly back from previous $440 to $460 and how very little it took to bring us all the way down again you know the only thing it's going to do is go down for a while.
If you just look at how much volume it took to bring us slowly back from previous $440 to $460 and how very little it took to bring us all the way down again you know the only thing it's going to do is go down for a while.
How much has it dropped? I am away from my house and can't check. I have some funds placed on BTC so would like to know, thanks.
Around $40-50. That is considering the last I checked before just now it was around $495 and now it is around $440.
How much has it dropped? I am away from my house and can't check. I have some funds placed on BTC so would like to know, thanks.
Just in case you missed my warning earlier today...
It's dropping quite hard
It's dropping quite hard
It is not quite over for the year. One more bounce back up and then the new year will begin. Next year will be quite interesting.
Just in case you missed my warning earlier today...
It's dropping quite hard
It's dropping quite hard
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