By the way i see the bitcoin value going down speedy gonzales today. Anyone a idea of the reason?
Cryptsy going down and a Mike Hearn ragequitting.
Yeah cyptsy i saw but who is mike hearn and why is he so important. I read something about a scam and fishing mail but i don't understand it completely. You should almost think to buy some bitcoins now because it could be profitable to do so when btc price reaches the 400 euro mark again
http://plan99.net/~mike/
https://www.reddit.com/r/Bitcoin/comments/40zhgi/mike_hearn_the_bitcoin_believer_who_gave_up/
Maybe this will help you
yeah well i got lucky selling most of my bitcoins lost night at a price of 402 euro's per bitcoin. but i think it's overated that the price is going down over one big hot shot programmer in the bitcoin community and some people got scared. I'll wait when price will settel down and buy some bitcoins cause i think it will be back in a couple of day's maybe in some weeks and make a easy buck on it. I also started script mining at genesis-mining.com. I think besides bitcoin the litecoin and dash coin is a good alternative for bitcoin and price is slightly and steady going up. I lost the big upcoming of bitcoin but i well not lt happen again haha.
if somebody is interested in also script mining there is a affiliate program at genesis-mining.com and i have a discount code of 2.5% discount of the price. of course i get some to but after that you can use your own code. I made some nice profits already on litecoin and dash coin. so if somebody is interested in a respected online mining service who have been there for a long time and pay out every day just visit genesis-mining.com. when buying in bitcoin (x11 script mining) in the next page you can type in my affiliate code which is: SBHJq9
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but to go back on bitcoin. i think the price is overated over somebody that says that bitcoin is dead. what the fuck all the nerds
on the internet are using it. I can even pay restaurant's i visit and pay with bitcoin haha. so i'm laughing about this low price. don't worry my beloved bitcoin m8'sThe market is mostly moved thanks to strong and trusted news (which is the case), speculations and major media outlet. However sometimes the news may be "manipulated" (fake news released by strong "guys" for their own interests such as moving the market in the direction they want - greed).
Guess what happens then? People follow the news because of their fast spread and strenghtness, because they basically trust the source. Welcome to trading
Good reddit read. It seems he just sold out to the big banks, and the panic will subside.
By the way, all of this didn't happen because he sold out his few hundred bitcoins he was olding. The main problem to be focused on is that guy itself who was a great resource and supporter of the cryptocurrency leaving now the scene because got disappointed, thinking Bitcoin failed its goal (to not be confused with Bitcoin is next to die).A big guy quitting the Bitcoin is the sign you have to instantly sell your coins because others will follow, ending up decreasing the markets value. I'd suggest you to not buy bitcoins right now, but once the situation is stabilized get back on buying stacks of bitcoins again, waiting for its price to raise obviously.
PS: I do trading but not on BTC, only on FIAT pairs. Please don't start sending me PMs lol.