Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adamstgBit
on 03/10/2014, 17:23:58 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.

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.