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Topic: We are on our way to 3.5-3.7! - page 7. (Read 10154 times)

legendary
Activity: 1064
Merit: 1001
October 07, 2011, 02:47:47 PM
#18
They had like 8,000! This is panic selling coming from the big guys!
legendary
Activity: 1792
Merit: 1047
October 07, 2011, 02:46:18 PM
#17
Because of the recent "Lost" wallets from http://bitcoin7.com. I would not be surprised to see an estimated 15 to 20k BTC to hit the market. And push this down trend further towards 3.5.
full member
Activity: 154
Merit: 100
October 07, 2011, 02:41:48 PM
#16
Waiting on confirms on coins coming from btce (a bonus bitcoin a day from mining tenebrix! yay!) so I can send them to mtgox in support of this "rally."  In hindsight I should have just sold on btce.
legendary
Activity: 1064
Merit: 1001
October 07, 2011, 02:35:55 PM
#15
The lowest low will be lower lol
full member
Activity: 159
Merit: 100
October 07, 2011, 02:34:04 PM
#14
I wish I could get more money into Mt. Gox faster! We're looking at a prime buying opportunity.
By all means, please keep panic selling.

I bought some just incase this is the new low...but, I don't think we've hit the bottom yet.   Undecided
legendary
Activity: 1064
Merit: 1001
October 07, 2011, 02:31:18 PM
#13
It's just a matter of days.
hero member
Activity: 602
Merit: 500
October 07, 2011, 02:27:30 PM
#12
The guy pulled his bidwall of 13000 bitoincs out at the 4.00 mark and looks to have set it at the 3.2. He is giving into a total collapse.
full member
Activity: 154
Merit: 100
October 07, 2011, 02:19:48 PM
#11
Nah, I think we're done with this month's drop.   4.2 is the new 5 for the coming month.  Look for confirmation on deepbit though -- if total hash rate remains around 4.5 terahash (currently 4.3) over the weekend we'll be stable after a small, short term rally to around $4.4.  If hash power does a swandive then we'll finally get our capitulation.  At which point $3.5 will seem quite optimistic.
legendary
Activity: 1064
Merit: 1001
October 07, 2011, 01:50:53 PM
#10
I would expect 3.7. For now.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
October 07, 2011, 01:49:01 PM
#9
The sell price at bitcoinica AND the gox price DID dip below S0352's projected bottom of 4.18 ... to 4.16 for a minute or so...

... I have a bit of cash left at bitcoinica, should I go short?  is a drop to 3.50 really feasible?
legendary
Activity: 1064
Merit: 1001
October 07, 2011, 01:48:15 PM
#8
+1
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
October 07, 2011, 01:46:13 PM
#7
I wish I could get more money into Mt. Gox faster! We're looking at a prime buying opportunity.
By all means, please keep panic selling.

Word
legendary
Activity: 2632
Merit: 2780
Shitcoin Minimalist
October 07, 2011, 01:44:53 PM
#6
I wish I could get more money into Mt. Gox faster! We're looking at a prime buying opportunity.
By all means, please keep panic selling.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
October 07, 2011, 01:42:31 PM
#5
woop... spoke too soon
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
October 07, 2011, 01:42:10 PM
#4
It's goin back up... good thing, I was just about to liquidate my long position at bitcoinica
legendary
Activity: 1064
Merit: 1001
October 07, 2011, 01:38:51 PM
#3
A whole month of not have new lows was enjoyable.

Indeed. I was hoping we're gona be at 5 like years.
legendary
Activity: 840
Merit: 1000
October 07, 2011, 01:38:04 PM
#2
A whole month of not having new lows was enjoyable.
legendary
Activity: 1064
Merit: 1001
October 07, 2011, 01:36:54 PM
#1
Not good!
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