Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BTCfan1
on 03/10/2014, 17:20:22 UTC
Huge pumps? Time to buy? All i see is green @1min graph

Nope its a trap the bottom is 340 it will bounce from that wait some more time. because if it brake 340 hell then !

well fook now everyone is going to  sell to 350, and a few panic sells after that will break 340

we are doomed!

Well i think if panic selling start (i hope not) we will see $300 max somewhere there bulls awaits.

if we breach the "bottom" of 340 or so, doesn't that mean that miners no longer have an incentive to run the network?  I don't see how the whole thing would be allowed to collapse in on itself...the processing power of the Bitcoin network alone is tangibly valuable.