why bitcoin is dipping so hard last 12 hours?
Why bitcoin is dipping so hard last 12 hours?
Cameron Watson
Jeremiah Rodriguez
Because its an overhyped shitcoin:^)
Xavier Jenkins
Because it got ahead of itself this week. If you buy above 2300 you're losing money for no reason. Set a buy order for 1800 and don't worry about it.
Josiah Scott
When looking at the cost of running the network the coin is overpriced at about 700$ and at the current price the coins that are generated in 1 month by miners are inflating the price at about 10% / month while at average the networks becomes about 2-5% more expensive every month so the real price of a coin currently is about 1800$ and were about 6-8 Months ahead right now
Joshua Watson
been seeing this smiley all over the past few minutes, it's all you isn't it?
Isaiah Sanchez
Nah, I got some supporters here and there. But, yeah, mostly me.
Angel Jenkins
:^)
Christian Bennett
Slow night?
Charles Morales
coin goes up. then coin goes down. repeat x infinity
Caleb Williams
most ppl ok with 2300 price
Oliver Bell
because the kikes are only starting to realize that the bubble is already over inflated then started posting bullshit news like "btc will reach $4000 soon" to sell their bags above $2500
Luke Hernandez
Parker Ward
It's bouncing pretty much every week. Sell ath buy at the low. Repeat ad-infinatum
Tyler Cox
read this: pastebin.com
and relax
Jace Cruz
Been a couple weeks since I've seen this one.
Charles Peterson
I bought my coins for 2580$ ,am I fucked ?
Tyler Turner
No you're not. Btc will be 3200-3800 by end of this month. Sell then, and rebuy at 1600$
Henry Fisher
What is your reasoning for it reaching 3k+?am contemplating to sell my coins with 3% vig but not sure if am stupid and lose the upswing everybody is saying
Kayden Morris
>GOLD IN THE WORLD 31553,2 TONS
Noah Lee
an explanation
If people keep on speculation or if you can hold for a long time you're not
Henry Miller
I can hold for 2 years+
Leo Brown
btw what is that software/site ?
Michael Carter
lookup hashrate here
blockchain.info
lookup prices here
bitcoinwisdom.com
Isaac Lewis
how do i add that blue line ?
Jose Mitchell
make screenshots, use photoshop to stretch the images and align the dates
Adam Hughes
so do you think is good idea to exchange my bitcoins for usd and rebuy when the price is around 1900-2200$?
Adrian Hill
no one can predict the market, right now the market has pressure downwards but no one can tell if its enough. I got out at 2580 last week, bought back in at 2400 and sold at 2480 before the rise 2 days ago because I couldn't predict it. I think it was because of the news: cnbc.com
Btw a fast rise of bitcoin changes the Coin-Ratio on exchanges wich lifted litecoin.
Let me explain, bitcoin rises on Bitstamp or BTC-e or some other USD exchange with a lot of Volume, OKCoiners cant get Their USD out of OKCoin, but they want to, so they needed a Coin to do it. They can buy a Bitcoin and sell it with a 10% loss or they can buy litecoin and sell it with less than 5% loss on another exchange. They buy litecoin and this drives the litecoin price up on OKCoin until its more profitable to buy bitcoin instead of litecoin again, but here comes the troll, the other exchanges see that Chinese people on OKCoin are buying litecoin like mad so they raise their prices but, somehow, keep the percentual difference in a way that it was always more profitable for them to buy litecoin. The price could rise more but the miners are instantly dropping their coins at that price and when the price is so high you can notice every dropped coin on the candlechart so there is a limit to what is possible.
The exact same thing happend to etherum + litecoin last week but etherum was left behind this time.
Everything will drop to normal when okcoin enables USD withdrawals again but no one can say when this will happen.
Jack Brooks
Damn straight skippy :^)
Parker Martinez
If you want to jump high, you have to crouch first.