Why Bitcoin crashed - page 2. | Bitcointalksearch.org

Wingman4l7

newbie

Activity: 56

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Quote from: mootinator on April 11, 2013, 12:42:37 PM

This crash is the first sensible thing to happen to the price all month.

Now can we resume trying to build a market where at least a small plurality of people want to own these things so they can spend them?

Seriously! It's ironic and sad that BTC has come so far as a currency that you can actually use it to purchase goods and services -- and goddamn speculators are fucking with the market so much that it's too risky to use!

tclo

hero member

Activity: 518

Merit: 500

Quote from: naphto on April 11, 2013, 04:36:08 PM

Also I wouldn't call this a crash, I'd call this a correction. For the moment, at least.

You can call it a "correction"....or a "table" or a "chair" or a "puppy dog" if you really want to, but that doesn't help with communicating with the rest of the world that considers a 75% drop in value in one day to be a CRASH....LOL

And it doesn't matter if it goes to $300 by the end of the year, it still crashed the last couple of days... at least according to 99.9999% of the people out there. You have a right to believe otherwise if you want though (and redefine common terms).

tclo

hero member

Activity: 518

Merit: 500

Only about 100 other articles said the crash was coming soon, so this guy did not have an original thought.

localhost

sr. member

Activity: 392

Merit: 250

Quote from: naphto on April 11, 2013, 04:36:08 PM

He just stated facts everyone knew for YEARS.
Give us a break ...

Yup, with the price increasing like mad like in the previous days, every other hour someone would say "it's going to crash soon". He just happen to post it at the right time, big deal.
Also I wouldn't call this a crash, I'd call this a correction. For the moment, at least.

eric7

newbie

Activity: 28

Merit: 0

Quote from: J.Socal on April 11, 2013, 04:46:56 PM

heres another one from the same source.http://www.naturalnews.com/039850_bitcoin_bubble_crash_globalists.html

Not to sound rude, but I'd hardly consider Natural News to be a reputable news source.

J.Socal

hero member

Activity: 495

Merit: 500

heres another one from the same source.http://www.naturalnews.com/039850_bitcoin_bubble_crash_globalists.html

J.Socal

hero member

Activity: 495

Merit: 500

So Bernanke bought up all the coins then dumped them..Then all the lil guys followed suit. Shocked

naphto

sr. member

Activity: 392

Merit: 250

Quote from: ?? on ??

Quote from: CasinoBit on April 11, 2013, 09:42:28 AM

Funny that the predictors always pop up a day after it happens and not a day before.

As for Bitcoin, nothing can save people from themselves.

The guy who wrote that article predicted it hours before it happened.

He just stated facts everyone knew for YEARS.
Give us a break ...

Dalkore

legendary

Activity: 1330

Merit: 1026

Mining since 2010 & Hosting since 2012

There was quite a bit of pressure before the crash started. Weird price data of many small transaction. Almost like it was trying to paint the ticker and see what they could do. Massive volume.

thehairymob

full member

Activity: 152

Merit: 102

The price rose before then fell. This happened again and will happen in the future.

mootinator

sr. member

Activity: 274

Merit: 250

Quote from: CasinoBit on April 11, 2013, 09:42:28 AM

Funny that the predictors always pop up a day after it happens and not a day before.

As for Bitcoin, nothing can save people from themselves.

This crash is the first sensible thing to happen to the price all month.

Now can we resume trying to build a market where at least a small plurality of people want to own these things so they can spend them?

BitcoinGirl325

full member

Activity: 126

Merit: 100

Quote from: CasinoBit on April 11, 2013, 09:42:28 AM

Funny that the predictors always pop up a day after it happens and not a day before.

As for Bitcoin, nothing can save people from themselves.

He did pop up the day before. Did you read the article?

CasinoBit

sr. member

Activity: 364

Merit: 250

Funny that the predictors always pop up a day after it happens and not a day before.

As for Bitcoin, nothing can save people from themselves.

DobZombie

hero member

Activity: 896

Merit: 532

Former curator of The Bitcoin Museum

So this guy basically caused the crash?

What a cock

BitcoinGirl325

full member

Activity: 126

Merit: 100

Excellent article on why Bitcoin's price crashed (and why it will likely continue to crash):
http://www.naturalnews.com/039865_bitcoin_crash_prediction_Mike_Adams.html

Topic: Why Bitcoin crashed - page 2. (Read 4432 times)