Topic: Why market going downward after such good news like "expedia accepted btc" = = (Read 1165 times)
June 12, 2014, 04:16:49 AM
We went from $440 to $670 in 2 weeks. It is time for a correction. Expedia had nothing to do with it.
June 12, 2014, 04:11:51 AM
The rally was caused by insiders and now they are realizing their profits 
I like that one, that or the market is going down because a lot more people will be converting Bitcoins to Fiat to rent hotels
In other words a short term speculation at the cost of long term benefit
June 12, 2014, 04:10:01 AM
The rally was caused by insiders and now they are realizing their profits
June 12, 2014, 04:02:31 AM
Because the price is not a numeric measurement of the current strength of the news - it is much more complicated than that as bitcoin is a decentralized commodity/currency.
June 12, 2014, 04:02:05 AM
a full market crushing to $5xx and $4xx is coming very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, $6xx is already the top bubble
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, $6xx is already the top bubble
June 12, 2014, 03:48:47 AM
The market generally ignores a good news story until there has been a huge build-up, then the market decides it should correct itself after ignoring all this good news.
June 12, 2014, 03:41:32 AM
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