Quote from: BTCfan1 on October 03, 2014, 05:20:22 PM

Quote from: AirFlame on October 03, 2014, 05:15:18 PM

Quote from: adamstgBit on October 03, 2014, 05:12:32 PM

Quote from: AirFlame on October 03, 2014, 05:10:52 PM

Quote from: magicmexican on October 03, 2014, 05:07:29 PM

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.

as soon as a few minner drop out, it will be more profitable for all the others.

but i agree with you

and its not like this is the only thing that gives bitcoin a market price..

this price... it makes no sense... i'm guessing things get worst b4 they get better tho, everyone is feeling the pressure and caving in one at a time at this point.