Silk Road forums

Discussion => Security => Topic started by: slash on July 05, 2013, 12:58 pm

Title: BTC dropping slowly but surely
Post by: slash on July 05, 2013, 12:58 pm
10$ /btc soon....???
Title: Re: BTC dropping slowly but surely
Post by: shopper1888 on July 05, 2013, 01:33 pm
I think it is another move by the people that own so many they have an effect by selling loads of coins to create a panick, watch when it gets down to, say, 20-30 pounds which is about $50-$60 (I think they will not try to go below that as the true worth of btc must be around that amount now imho).  Good time to buy and wait for it to go up again if you have the cash - I will buy if it goes down to 25 pounds.

If it does go to $10 it will be worth maybe buying a shitload
Title: Re: BTC dropping slowly but surely
Post by: spunjtom on July 05, 2013, 04:20 pm
I wouldn't mind seeing a rebound at this point!
Title: Re: BTC dropping slowly but surely
Post by: Shithead on July 05, 2013, 04:36 pm
I can hardly wait to see it bottom out.
Title: Re: BTC dropping slowly but surely
Post by: fordingtheharrison on July 05, 2013, 04:41 pm
The current price is at about the same level of the earlier part of the bubble, and the smaller post-bubble rebound. I think a lot of would-be long term investors who showed up to the game a little too late are now selling off their coins in order to prevent losses. There's been over a month of a general declining trend, so they must have firm worries about prices in the future.
Title: Re: BTC dropping slowly but surely
Post by: goblin on July 05, 2013, 10:26 pm
I think it is another move by the people that own so many they have an effect by selling loads of coins to create a panick...
Is there any firm evidence of this?
Title: Re: BTC dropping slowly but surely
Post by: GrimWaldo on July 06, 2013, 12:48 am
Dammit.
I purchased BTC earlier this week for $90, and by the time I get it it'll be worth $60. Hell yea! Take that, druggie!
I always seem to have an uncanny ability to buy high and sell low in everything I do. Oh well, it's a gift.
I'll have to find a quicker way to aquire BTC in the future. Guess I'll give LocalBitcoins a try.
Title: Re: BTC dropping slowly but surely
Post by: spunjtom on July 06, 2013, 03:33 am
Dammit.
I purchased BTC earlier this week for $90, and by the time I get it it'll be worth $60. Hell yea! Take that, druggie!
I always seem to have an uncanny ability to buy high and sell low in everything I do. Oh well, it's a gift.
I'll have to find a quicker way to aquire BTC in the future. Guess I'll give LocalBitcoins a try.

If you stay with the game you will see the other side of it also- sometimes you buy at $x per coin and by the time you are ready to buy your shit you have an extra 50% to spend.  Take that, druggie!  LOL.
Title: Re: BTC dropping slowly but surely
Post by: Juggernog on July 06, 2013, 03:41 am
I seem to have the gift as well.
back when btc was about 120 I was like yea ill buy 100.00 worth.
by the time my shit got through the wash and put into SR it was down 30.00 :( FFS
So I lost about 30% of what I put in, not to mention all the fees
Title: Re: BTC dropping slowly but surely
Post by: Shithead on July 06, 2013, 02:35 pm
buy low sell high
Title: Re: BTC dropping slowly but surely
Post by: thecatinthehat101 on July 06, 2013, 03:18 pm
Hey Shithead lol. +1 cause your name cracked me up when I read it.
Title: Re: BTC dropping slowly but surely
Post by: Jack N Hoff on July 06, 2013, 03:20 pm
Why is this in the security sub forum? ???
Title: Re: BTC dropping slowly but surely
Post by: thecatinthehat101 on July 06, 2013, 03:30 pm
Correct me if I'm wrong Jack N Hoff but next to security it does say Bitcoin among the other suggested content
Title: Re: BTC dropping slowly but surely
Post by: Libertas on July 06, 2013, 03:45 pm
All discussion surrounding Bitcoin is - and always has been - posted in 'Security' unless a buyer opens a thread about Bitcoin in 'Off topic', in which case it will stay there.

This forum is for the discussion of the following topics:
"Tor, Bitcoin, cryptography, anonymity, security, etc."

Libertas
Title: Re: BTC dropping slowly but surely
Post by: Jack N Hoff on July 06, 2013, 03:47 pm
All discussion surrounding Bitcoin is - and always has been - posted in 'Security' unless a buyer opens a thread about Bitcoin in 'Off topic', in which case it will stay there.

This forum is for the discussion of the following topics:
"Tor, Bitcoin, cryptography, anonymity, security, etc."

Libertas

Well damn!  I've been putting all of my bitcoin threads in Off Topic.  Time for me to start using the Security sub forum for my bitcoin related threads! 8)
Title: Re: BTC dropping slowly but surely
Post by: Libertas on July 06, 2013, 03:50 pm
All discussion surrounding Bitcoin is - and always has been - posted in 'Security' unless a buyer opens a thread about Bitcoin in 'Off topic', in which case it will stay there.

This forum is for the discussion of the following topics:
"Tor, Bitcoin, cryptography, anonymity, security, etc."

Libertas

Well damn!  I've been putting all of my bitcoin threads in Off Topic.  Time for me to start using the Security sub forum for my bitcoin related threads! 8)

 ;D
Title: Re: BTC dropping slowly but surely
Post by: thecatinthehat101 on July 06, 2013, 03:54 pm
 ;)"Well now you know and knowing is half the battle GI Joe" anyone remember that??
Title: Re: BTC dropping slowly but surely
Post by: Jack N Hoff on July 06, 2013, 04:02 pm
;)"Well now you know and knowing is half the battle GI Joe" anyone remember that??

http://www.youtube.com/watch?v=iEVb7aM1K5g
http://www.youtube.com/watch?v=WkJQ3seomLo
http://www.youtube.com/watch?v=N4OPr_QxoFg
Title: Re: BTC dropping slowly but surely
Post by: thecatinthehat101 on July 06, 2013, 04:58 pm
Hey Libertas tell the captain I said "hi and that he's a legend". "Where do pirates eat lunch?" "Arrrrrrbys". "How much do pirates pay to get their ears pierced." "A buck an ear"
Title: Re: BTC dropping slowly but surely
Post by: thecatinthehat101 on July 06, 2013, 05:02 pm
Jack N Hoff that spoof is funn. i almost pissed my pants watching it
Title: Re: BTC dropping slowly but surely
Post by: thecatinthehat101 on July 06, 2013, 05:55 pm
https://www.youtube.com/watch?v=ogEtfIdgjpY I like that one its a collection of werid GI Joe spoofs.
Title: Re: BTC dropping slowly but surely
Post by: Dickens018 on July 06, 2013, 08:43 pm
Dammit.
I purchased BTC earlier this week for $90, and by the time I get it it'll be worth $60. Hell yea! Take that, druggie!
I always seem to have an uncanny ability to buy high and sell low in everything I do. Oh well, it's a gift.
I'll have to find a quicker way to aquire BTC in the future. Guess I'll give LocalBitcoins a try.

Seeing your gift,  could you please start selling your Bitcoins to drive the price up..  :-)

Personally, I think Bitcoins are too useful to drop as low as some suggest.  I see large periodic sales for no logical reason which suggests an attack on Bitcoins.  They evened threatened to imprision the Bitcoin foundation.

Title: Re: BTC dropping slowly but surely
Post by: shopper1888 on July 16, 2013, 02:43 pm
I think it is another move by the people that own so many they have an effect by selling loads of coins to create a panick...
Is there any firm evidence of this?

No there is not Goblin, which is why I said 'I think' :)
Title: Re: BTC dropping slowly but surely
Post by: shopper1888 on July 16, 2013, 02:46 pm
Dammit.
I purchased BTC earlier this week for $90, and by the time I get it it'll be worth $60. Hell yea! Take that, druggie!
I always seem to have an uncanny ability to buy high and sell low in everything I do. Oh well, it's a gift.
I'll have to find a quicker way to aquire BTC in the future. Guess I'll give LocalBitcoins a try.

I just tried Localbitcoin and was very impressed - I bought from a person who had a good rep. and the money was automatically in my wallet as soon as I transfered my cash.
Title: Re: BTC dropping slowly but surely
Post by: Raoul Duke on July 16, 2013, 03:15 pm
"How much do pirates pay to get their ears pierced." "A buck an ear"

so shit it's funny as fuck. pissing myself. have a +