Topic: Throwing in the towel - page 6. (Read 12673 times)
The actual amount of bitcoin trading is a small percentage, yet it changes the market cap by tens of millions of dollars. I pay little attention to mtgox prices except to buy MOAR BITCOIN.
The international banking and media mafia controls all.
Bitcoin is no longer a secret and they are quickly cutting off.
They are also closing in on all "piracy" sites.
Freedom on the Internet is soon to be a story to tell the kids.
Freedom in real life is soon to be a story to tell the kids.
OWNED.
I don't see bitcoin bouncing back from the lastest string of bad news. (Tradehill, bitscalper, paxum)
All we got left is Mt.Gox.
Bitcoin is no longer a secret and they are quickly cutting off.
They are also closing in on all "piracy" sites.
Freedom on the Internet is soon to be a story to tell the kids.
Freedom in real life is soon to be a story to tell the kids.
OWNED.
I don't see bitcoin bouncing back from the lastest string of bad news. (Tradehill, bitscalper, paxum)
All we got left is Mt.Gox.
I wonder how many people are prematurely (or early) liquidating their long positions from lower prices. The interest charges on the longs in the unrealized swap groups do not count unless you liquidate after the 16th. In other words you are not actually being charged interest if you wait a couple more days and don't get caught up in the panic.
Agreed.
This is what I expect to happen. I am base this on my past experiences.
We broke the $5.00 barrier, the next psychological level will be in the $4's.
It will linger in the High 4's, maybe even reach up into the 5's again, then we will slowly push to mid 4's, low 4's and then into the 3's. This could all happen very fast. Remember it spiked up from $2 fast, it will go down just as fast.
I think $2 bitcoins will surely be in our future.
Just a matter of time before the people pushing the price down get ready for another sell attack.
One thing I have learned from bitcoins and I have been saying this for a while now is no matter how much you think bitcoins reached bottom and will not go lower, it has always gone lower and will go lower.
Probably the grand strategy of rinse and repeat, and using bid walls. Many suckers out there to rob their money thinking that bitcoins price is going to the moon. Just think of all the optimism when we spiked up from $2.00, many of those people are probably still long. Their loss will be the manipulators gain.
This is what I expect to happen. I am base this on my past experiences.
We broke the $5.00 barrier, the next psychological level will be in the $4's.
It will linger in the High 4's, maybe even reach up into the 5's again, then we will slowly push to mid 4's, low 4's and then into the 3's. This could all happen very fast. Remember it spiked up from $2 fast, it will go down just as fast.
I think $2 bitcoins will surely be in our future.
Just a matter of time before the people pushing the price down get ready for another sell attack.
One thing I have learned from bitcoins and I have been saying this for a while now is no matter how much you think bitcoins reached bottom and will not go lower, it has always gone lower and will go lower.
Probably the grand strategy of rinse and repeat, and using bid walls. Many suckers out there to rob their money thinking that bitcoins price is going to the moon. Just think of all the optimism when we spiked up from $2.00, many of those people are probably still long. Their loss will be the manipulators gain.
What do you think?
what do you mean? are you giving up on bitcoin?
What do you think?
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