Let's be honest with ourselves here: We will see double digit prices this year, whether we like it or not. We might see single digit prices as well. Let's start coming to terms with that fact.
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25360. (Read 26623322 times)
October 04, 2014, 05:07:02 PM
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October 04, 2014, 05:06:35 PM
A while ago I thought we would have reached the bottom as that would have been the miners' fallback price.
I was wrong. We will go lower and lower.
And lower.
Too stupid to think FedRes would just let it happen like this...
I was wrong. We will go lower and lower.
And lower.
Too stupid to think FedRes would just let it happen like this...
It's kind of like what happened with Dogecoin last January. It popped onto Cryptsy at 220 satoshis, gradually went down, and down, and down, and down, and down. This was despite being the most well known coin at the time behind Bitcoin and Litecoin, having the highest individual transactions volume of all coins, and literally being the most talked about and used coin (behind bitcoin) at the time. But, it just kept going down and down and down.
Eventually, it bounced hugely to nearly 300 satoshis. We may see something like that here.
...or we may not.
October 04, 2014, 05:06:13 PM
Keep calm and resist.
October 04, 2014, 05:04:31 PM
Let's be honest with ourselves here: We will see double digit prices this year, whether we like it or not. We might see single digit prices as well. Let's start coming to terms with that fact.
October 04, 2014, 05:03:31 PM
Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin).btc-e is always or atleast 99,9% of all time lower then the rest...
btw. buying at 350 done, lets see if we visit 300
Hmm do You think btc-e lost the coins and they are lower from the rest ?
i think its rather that btc-e always has poor liquidity.
there orderbook is super-thin, thats why we usually see flash crashes there if something happens
October 04, 2014, 05:02:13 PM
There is no bottom.
It is like falling into the deep space.
Only darkness and could, but no ground to land
It is like falling into the deep space.
Only darkness and could, but no ground to land
October 04, 2014, 05:02:05 PM
Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin).btc-e is always or atleast 99,9% of all time lower then the rest...
btw. buying at 350 done, lets see if we visit 300
Hmm do You think btc-e lost the coins and they are lower from the rest ?
October 04, 2014, 05:01:12 PM
October 04, 2014, 05:00:31 PM
Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin).btc-e is always or atleast 99,9% of all time lower then the rest...
btw. buying at 350 done, lets see if we visit 300
/edit
hashrate is increasing, so im not in super panic mode yet
October 04, 2014, 04:58:39 PM
A while ago I thought we would have reached the bottom as that would have been the miners' fallback price.
I was wrong. We will go lower and lower.
And lower.
Too stupid to think FedRes would just let it happen like this...
I was wrong. We will go lower and lower.
And lower.
Too stupid to think FedRes would just let it happen like this...
What You think is this a mraket or a free market ? Its a free market not wall street...
October 04, 2014, 04:58:36 PM
Did not brake 2000 CNY. Bullish.
Price did not break 1000 CNY. Bullish.
October 04, 2014, 04:55:44 PM
A while ago I thought we would have reached the bottom as that would have been the miners' fallback price.
I was wrong. We will go lower and lower.
And lower.
Too stupid to think FedRes would just let it happen like this...
I was wrong. We will go lower and lower.
And lower.
Too stupid to think FedRes would just let it happen like this...
October 04, 2014, 04:55:13 PM
Just figured out why the price tanked this weekend!!! 
It is because of this: http://launch.coinsinthekingdom.com/
Do you know how crazy expensive Disney World is!? It bet it is because the attendees had to sell coins to go to a park or two!
And if they wanted to buy food there! No wonder we are so low.
It is because of this: http://launch.coinsinthekingdom.com/
Do you know how crazy expensive Disney World is!? It bet it is because the attendees had to sell coins to go to a park or two!
And if they wanted to buy food there! No wonder we are so low.
October 04, 2014, 04:54:45 PM
Bitcoin hodler 2015
Bitcoin holder 2016 ^^ I think we will be ok
October 04, 2014, 04:53:49 PM
Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin). October 04, 2014, 04:53:27 PM
If we survive 2x more dumps and price will not go under $322 we are safe
Really? How do you know?
You will see
If they dump now and we go under $322 there will be new 4x bounces if we bounce 4x times from new low under $322 we will be safe. Just a little speculation 
October 04, 2014, 04:51:56 PM
Did not brake 2000 CNY. Bullish.
Price did not break 1000 CNY. Bullish.
October 04, 2014, 04:50:54 PM
October 04, 2014, 04:50:49 PM
If we survive 2x more dumps and price will not go under $322 we are safe
Really? How do you know?
October 04, 2014, 04:47:08 PM
Did not brake 2000 CNY. Bullish.
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