Here is a approximate list of the bear markets Bitcoin has gone through..
32 -> 2 = 94% loss
266 -> 50 = 80% loss
1150 -> 350 = 70% loss
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28291. (Read 26623400 times)
April 10, 2014, 08:38:54 PM
April 10, 2014, 08:38:29 PM
The sentiment is different and the incentive to sell is greater now. I expect the price will drop well below $100. The problem being that old hands have spent money on luxuries, goods, services, etc...
This is a Bitcoin "bank run" and companies will follow the model inspired by JP Morgan and buy for 1/100th of the price pre-drop. That puts us at around $45/btc...
The idea is to recover your losses on the way up while multiplying your market share. This is full-blown panic mode. I don't think the bottom can hold until new money finds the market...
I never thought I would see the price this low but it's still too high to jump in because the panic hasn't stopped...
This is a Bitcoin "bank run" and companies will follow the model inspired by JP Morgan and buy for 1/100th of the price pre-drop. That puts us at around $45/btc...
The idea is to recover your losses on the way up while multiplying your market share. This is full-blown panic mode. I don't think the bottom can hold until new money finds the market...
I never thought I would see the price this low but it's still too high to jump in because the panic hasn't stopped...
April 10, 2014, 08:38:24 PM
I think $339.8 was the bottom. Whats ya'lls thoughts?
April 10, 2014, 08:38:06 PM
Wow, that was some dump at Stamp 
I was starting to get worried my bid would not get hit. All set now...
Capitulation? Nope. I can wait.
April 10, 2014, 08:37:34 PM
if we go below 300, I declare that we are breaking the previous ATH...
Now that would be interesting. It would mark another first for me, would stick in my memory like the first spike I saw (up to 32) or the first crash I saw days after, or that time the blockchain forked, or...
April 10, 2014, 08:36:52 PM
I love those guys who told me to fuck off. What am I doing now? fucking off. I'm not buying. You pissed off one of the guys who could save you. (not really. I'd have to care)
Should I start buying yet?
Nah. I can wait.
Will I miss the bottom? Prolly. I have so much cash I don't have to care. Some trader smarter than me will catch it and "save" Bitcoin without even meaning to. The decentral bankers of Bitcoin: The bad ones pay the good ones and the good ones reduce volatility. Clearly we need more good ones and that's what I'm learning to be.
Should I start buying yet?
Nah. I can wait.
Will I miss the bottom? Prolly. I have so much cash I don't have to care. Some trader smarter than me will catch it and "save" Bitcoin without even meaning to. The decentral bankers of Bitcoin: The bad ones pay the good ones and the good ones reduce volatility. Clearly we need more good ones and that's what I'm learning to be.
You could save me? Haha, well, fuck off again Mr. wanna be big dick with 20-30k $, I have more fiat waiting than you do
What a fucking deluded moron, sold at 450$ and he thinks he is some big motherfucker trader..
LOL. Yer gonna need all that fiat to buy coins that I bought for less than $40. I will always have more coins than you. You know my day trading stash is a fraction of my holdings. Right? Don't take things so personally. Honey Badger Don't care.
I'm a dumb-ass trader. But so are you. At least I know it.
Actually, my average BTC cost is less than 2$. And I bought my first BTC at 140$. Not bad, isn't it
And I'm not actually sure you have more coins than I do.. I'm taking it personal because you were disrespectful to my mum few weeks ago and since I can't make you eat your dirty tongue, insulting you here is unfortunately all I can. Dumbass.
April 10, 2014, 08:35:53 PM
if we go below 300, I declare that we are breaking the previous ATH...
5k next dec cool with you?
maybe you misunderstood, the previous ATH was $266
and I don't gamble you're still referencing gox eh?... and no I didn't mistunderstand anything, I think you misunderstand bitcoin markets.
either way enjoy all those LTC you think are going to 100.
April 10, 2014, 08:35:43 PM
if we go below 300, I declare that we are breaking the previous ATH...
5k next dec cool with you?
maybe you misunderstood, the previous ATH was $266
and I don't gamble I gamble like a degenerate and i think that no one knows the price to come , if youre into bitcoin you like to gamble , as we all know we are making history.
April 10, 2014, 08:32:52 PM
if we go below 300, I declare that we are breaking the previous ATH...
5k next dec cool with you?
maybe you misunderstood, the previous ATH was $266
and I don't gamble April 10, 2014, 08:32:47 PM
Hm I've decided Im waiting for $301.
April 10, 2014, 08:31:19 PM
so... stamp dumps and china dont really care.... I think that was 3 confirmations and an arbitrage play.
April 10, 2014, 08:30:54 PM
if we go below 300, I declare that we are breaking the previous ATH...
5k next dec cool with you?
April 10, 2014, 08:29:17 PM
ATH of 259.43 and low following the reversal is 45 which gave us 17% of the value of the ATH
ATH of 1163.0 and my estimated low following the reversal of 339.41 gives us 29% of the ATH
ATH 1163.0 and my estimated Holy shit the world gives 17% identical to the last bubble pop we hit 197.71
Just something to think of when people keep spewing dbl digits by so so date
ATH of 1163.0 and my estimated low following the reversal of 339.41 gives us 29% of the ATH
ATH 1163.0 and my estimated Holy shit the world gives 17% identical to the last bubble pop we hit 197.71
Just something to think of when people keep spewing dbl digits by so so date
will that support hold or do we test YTL like bosses
April 10, 2014, 08:29:05 PM
Wow, that was some dump at Stamp
I was starting to get worried my bid would not get hit. All set now...
April 10, 2014, 08:28:56 PM
if we go below 300, I declare that we are breaking the previous ATH...
April 10, 2014, 08:28:11 PM
Maybe this mood music is more fitting for what's happening tonight, eh?
https://www.youtube.com/watch?v=lV8i-pSVMaQ
https://www.youtube.com/watch?v=lV8i-pSVMaQ
April 10, 2014, 08:28:01 PM
I love those guys who told me to fuck off. What am I doing now? fucking off. I'm not buying. You pissed off one of the guys who could save you. (not really. I'd have to care)
Should I start buying yet?
Nah. I can wait.
Will I miss the bottom? Prolly. I have so much cash I don't have to care. Some trader smarter than me will catch it and "save" Bitcoin without even meaning to. The decentral bankers of Bitcoin: The bad ones pay the good ones and the good ones reduce volatility. Clearly we need more good ones and that's what I'm learning to be.
Should I start buying yet?
Nah. I can wait.
Will I miss the bottom? Prolly. I have so much cash I don't have to care. Some trader smarter than me will catch it and "save" Bitcoin without even meaning to. The decentral bankers of Bitcoin: The bad ones pay the good ones and the good ones reduce volatility. Clearly we need more good ones and that's what I'm learning to be.
You could save me? Haha, well, fuck off again Mr. wanna be big dick with 20-30k $, I have more fiat waiting than you do
What a fucking deluded moron, sold at 450$ and he thinks he is some big motherfucker trader..
LOL. Yer gonna need all that fiat to buy coins that I bought for less than $40. I will always have more coins than you. You know my day trading stash is a fraction of my holdings. Right? Don't take things so personally. Honey Badger Don't care.
I'm a dumb-ass trader. But so are you. At least I know it.
April 10, 2014, 08:27:58 PM
Bottom??
Just dropped to 339 low for now...in as much time as it took to hit send and reload.
Still asking - what is "the bottom" meaning here? The low?
Just dropped to 339 low for now...in as much time as it took to hit send and reload.
Still asking - what is "the bottom" meaning here? The low?
Yeah, the low.
April 10, 2014, 08:27:27 PM
Wow, that was some dump at Stamp
April 10, 2014, 08:26:53 PM
Bottom??
Just dropped to 339 low for now...in as much time as it took to hit send and reload.
Still asking - what is "the bottom" meaning here? The low?
Just dropped to 339 low for now...in as much time as it took to hit send and reload.
Still asking - what is "the bottom" meaning here? The low?
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