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Topic: why does the price keep falling? - page 3. (Read 4560 times)

legendary
Activity: 1764
Merit: 1031
March 21, 2014, 07:51:08 AM
#7
My bet is on insiders. Really bad news incoming soon.

Correction was expected/due anyway. Even at $600 bitcoin was still overbought. We just haven't seen the end of the post-December ATH adjustment yet. It looked like it for a bit but then some whale confused everything. This is just picking up where we left off.
TERA and Arepo might nuance it better but as I see it $400-500 is closer to where bitcoin "should" be at the moment.
sr. member
Activity: 448
Merit: 250
this statement is false
March 21, 2014, 07:37:08 AM
#6
It went too high in 2013 and then the trend diverged and then major market sectors got cut off and then the trend diverged even more.

+1 for elegance in simplicity, and overall accuracy
newbie
Activity: 26
Merit: 0
March 21, 2014, 07:34:57 AM
#5
My bet is on insiders. Really bad news incoming soon.
hero member
Activity: 728
Merit: 500
March 21, 2014, 07:34:47 AM
#4
It went too high in 2013 and then the trend diverged and then major market sectors got cut off and then the trend diverged even more.
sr. member
Activity: 448
Merit: 250
this statement is false
March 21, 2014, 07:31:51 AM
#3
news does not generally move the price the way you think it does.
member
Activity: 70
Merit: 10
March 21, 2014, 07:21:57 AM
#2
Yee right, well hard to say at this moment but it's probably about chinese banks blocked btc, this is probably the reason.
Let's just wait for more details.
full member
Activity: 220
Merit: 100
March 21, 2014, 07:17:52 AM
#1
You would assume with all the recent bad news regarding mtgox slowly getting out of the way that the price would continue up.... what is happening? I cant figure out the price movement recent week /days
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