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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33610. (Read 26461151 times)

full member
Activity: 123
Merit: 100
Miniature bull-trap engage.
legendary
Activity: 1036
Merit: 1000
What is the rationale for this "crash"?

It started with 1 semi big dump yesterday and just as i expected this manipulating and playing around will eventually go wrong. People get tired of it and refuse to buy anymore. It might kill the coin.

I don't know what theory of why people are investing in Bitcoin you're operating under, but it is entirely alien to me. People will "get tired" of faster-than-exponential growth since January? They'll get tired of more than doubling every five weeks since January if it goes down to merely doubling every five weeks (i.e., $100 right now)?
full member
Activity: 126
Merit: 100
Gox Lag @ 2 minutes with Gox down... fun times, fun times

sr. member
Activity: 303
Merit: 250
member
Activity: 78
Merit: 10
Community Manager at Letstalkbitcoin.com
I feel like all the exchanges go offline/crash while there is a crash, is there any place to continuously buy/sell during a crash without a problem?
full member
Activity: 238
Merit: 100
In Gord We Trust
Fun ride we're having, no?

legendary
Activity: 1176
Merit: 1001

that was a 1:1 bet that nobody dared to take. Now it's going to $95 and still nobody wants to play with me.

I actually wanted to, but reading your put definition made me mad and i did not spend more time on it. When you said that you would have accepted John as escrow, i wanted to bet; but hey, i was from my smartphone...

Now you bet that we will never see 95 again?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 672
Merit: 500
What is the rationale for this "crash"?

It started with 1 semi big dump yesterday and just as i expected this manipulating and playing around will eventually go wrong. People get tired of it and refuse to buy anymore. It might kill the coin.
legendary
Activity: 1470
Merit: 1007
What a beautiful, beautiful trainwreck. *a single tear drops*
full member
Activity: 196
Merit: 100
bought below 100 at btc-e, hopefully it will bounce now Smiley

I have to move to BTC-E..  Grin Grin Grin Grin
legendary
Activity: 1036
Merit: 1000
Looks like reversion to the exponential trendline at $100. Might dip a bit below first.

Hard to really make a good prediction when lag is such a huge factor, and lag seems to be completely unpredictable.
full member
Activity: 196
Merit: 100
Sold 30% of my bitcoins at the right time.  Grin Now thinking when to buy.

Seems like I lost the train to buy LOL
hero member
Activity: 490
Merit: 500
bought below 100 at btc-e, hopefully it will bounce now Smiley

it just did.

are you a wizard?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
bought below 100 at btc-e, hopefully it will bounce now Smiley
sr. member
Activity: 349
Merit: 250
full member
Activity: 196
Merit: 100
Sold 30% of my bitcoins at the right time.  Grin Now thinking when to buy.
full member
Activity: 224
Merit: 100
What is the rationale for this "crash"?

Loss of confidence.

Because of silk road? Or what? Bitcoin ATM is comming tomorrow, the protocol has not been breached, there is no superior cryptocurrency to take bitcoins place, the press is positive, etc, etc.
full member
Activity: 123
Merit: 100
What is the rationale for this "crash"?

Loss of confidence.
sr. member
Activity: 303
Merit: 250
BTC-e price just jumped from 109 to 100 USD in less than 2 minutes.
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