this really doesn't look good.
Always darkest before the dawn.
Right, it was 316 not long ago on Bitstamp. If you didn't sell back then there's no need to panic now
Maybe i should re-work and buy at $100 now. I had planned to get back in at $210 earlier this morning, and now i see the price at $180, going by these crashes we should see $100 pretty soon, and that will be a great buy opportunity. Anyone knows why BTC is crashing though? Cant really see any big news, besides Russia apparently banning BTC. China banning BTC was a big joke and would not cause such crashes! Methinks its a consortium of banks playing about to kill btc eventually.
I don't see it as a buy opportunity. Bitcoin is failing hard if it can't even sustain 20% of its peak price.
How many people fell for the pump to 240 last night?
got in @ €200. slept through the pump. :/ im thinking we will break out upwards by latest 9am gmt but probably between ~3-6am.
At this point I feel we're going down. We will go back up, but short term down. A lot of people are still hurt from what happened this week. I will speculate a big drop this weekend when activity is lower (possibly when USA and Canada are sleeping) I think we could see another fake rally up to 240 just as a bull trap so shorts can leverage more.
Down is the only way you're constantly predicting mr. bear
Well, that is the apparant answer for now. Or is it not allowed to predict downwards movements here anymore
?
Of course it's allowed, I'm just tired of pessimism. Bitcoin has been going up and down every few hours. I see no point in saying "it's going down" every time it drops $5.
Looks about right
Hold the pace! That line rises about $100 per year. Buckle in!
Unless that is the flat before the hyperbolic rise? Still too long. Moon viewing isn't going to wait that long.
If this trend line is correct we are a bit oversold at the moment.
Everything points towards the dump. Probably into the 250$ range once again, sigh.
I don't see it this way. The news in the bitcoin world are positive and promising. There's also a decent amount of confidence in the price since we broke the downtrend.