Bitcoin Bottoming From $400-600?

[Shami-Amourae]

I have watched the Bitcoin charts and I think the Bitcoin prices are bottoming from around $400 to $600. My point is now may be a good time to enter the market if you want to. The upside potential is very heavy in my opinion. This may be a good place if you have considering getting into cryptocurrencies.

[Horn]

With a spread like that you could get venereal disease along with your purchase of nothing.

http://static5.businessinsider.com/image/52a0a4abeab8ea943f96af77-800-/cotd-88.jpg

http://www.businessinsider.com/bitcoin-can-be-the-new-western-union-2013-12

[Silver Rocket Bitches!]

I bought my two measly little bitcoins back when they were $6 a piece. What makes you think they can't end up back at that price?

[Shami-Amourae]

I bought my two measly little bitcoins back when they were $6 a piece. What makes you think they can't end up back at that price?

They could. They could also end up $1,000,000. No one knows.

[mick silver]

if i was to bet i bet it will be the low side on your numbers

[Sparky]

Well, it plunged into your range this morning. Let's see what happens from here. The 1-year chart couldn't possible look more like a bubble burst. A healthy two-week correction is 20%, not 70%.

[Shami-Amourae]

Next target I see is $3,000 Bitcoins.

[Sparky]

Next target I see is $3,000 Bitcoins.

A dead cat bounce from here brings it back to the $700-$850 range. Its reaction at that level will tell us if it's going to $3,000 or $300.

[Horn]

Is someone neglecting the huge demand from doubled vision and slanty eyed China

that from all news sources appears to have been stripped?

I think it already put in a dead cat 10% ago.

[Sparky]

Is someone neglecting the huge demand from doubled vision and slanty eyed China that from all news sources appears to be stripped?

No, that's what we're attributing to today's 40% haircut.

[Horn]

No, that's what we're attributing to today's 40% haircut.

40% haircut today, what about the 50% from Dec. 5th!?

Someone get this man a polygraph.

http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&

[Sparky]

40% haircut today, what about the 50% from Dec. 5th!?

Someone get this man a polygraph.



Right, but the whole China thing just happened today, so we can't attribute the first 50% drop to that.

[Horn]

Right, but the whole China thing just happened today, so we can't attribute the first 50% drop to that.

I can see you are new to this market, so I will let you in on my privately plotted projections.

5829

The blank peaks account for Chinese Holidays...

[madfranks]

And yet China is still by far the biggest buyer of BTC: http://fiatleak.com/

[Horn]

And yet China is still by far the biggest buyer of BTC: http://fiatleak.com/

Geez, middle of the night in China and they still out purchase everyone on the planet 100 to none.

[Shami-Amourae]

And yet China is still by far the biggest buyer of BTC: http://fiatleak.com/

They are the biggest buyer of Gold too.

[Neuro]

And yet China is still by far the biggest buyer of BTC: http://fiatleak.com/
Who is the biggest seller?

[Horn]

Who is the biggest seller?

I was watching that thing again last night, the U.S. and other parts were picking up much steam over China in the evening hours.

Many Bitcoin purchases go on at night after hours apparently.




http://coinmarketcap.com/img/Bitcoin.png Bitcoin (http://www.bitcoin.org)
$ 8,095,189,713

$ 666.00 (http://www.cryptocoincharts.info#jump-btc-usd)

12,146,550 BTC
+21.35 %

[mick silver]

http://coinmarketcap.com/img/Bitcoin.png Bitcoin (http://www.bitcoin.org/)

$ 666 (http://www.cryptocoincharts.info/#jump-btc-usd)