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Old 09-19-2014, 05:27 AM   #1
dave90210
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Alibaba Ass Fucking Bitcoin!

Since the Alibaba IPO Bitcoin has lost allot of Chinese investors and the price of Bitcoin is tanking. Will Bitcoin see sub $200 levels again?
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Old 09-19-2014, 05:30 AM   #2
Penny24Seven
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I hope so, we are getting ready to drop 75K on them and I want it to keep dropping. Not sure when we will buy yet but this is getting good
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Old 09-19-2014, 07:15 AM   #3
dave90210
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I'd do it now I doubt will see $350 anytime soon. The Chinese are so fucking crazy, they love roller coasters!!!

Quote:
Originally Posted by Brian837 View Post
I hope so, we are getting ready to drop 75K on them and I want it to keep dropping. Not sure when we will buy yet but this is getting good
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Old 09-19-2014, 08:13 AM   #4
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Dropped to $360 earlier this AM...back on the upswing around $400 ATM
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Old 09-19-2014, 08:18 AM   #5
420
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Someone cleared the stop orders on bitstamp. Going to be hard to get it under 350.
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Old 09-19-2014, 08:19 AM   #6
PornDiscounts-V
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Good luck
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Old 09-19-2014, 08:20 AM   #7
Unlimited
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nope
back to $400
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Old 09-19-2014, 09:06 AM   #8
AmeliaG
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Why would AliBaba IPO impact Bitcoin pricing? Seems like it might be doing so, but I don't get what the lever is. Just moving their money for better investment returns or something else?
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Old 09-19-2014, 09:14 AM   #9
seeandsee
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How is BC connected to AB ipo?
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Old 09-19-2014, 01:17 PM   #10
DWB
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Or is Bitcoin finally just falling to what it's really worth?

Alibaba should have no impact on Bitcoin any more than any other Chinese company does.
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Old 09-19-2014, 01:53 PM   #11
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Where's the ass?
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Old 09-19-2014, 03:58 PM   #12
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Originally Posted by seeandsee View Post
How is BC connected to AB ipo?
Please stop using BC to refer to Bitcoin.

BC is Blackcoin.
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Old 09-19-2014, 07:03 PM   #13
Biggy
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Quote:
Originally Posted by dave90210 View Post
Since the Alibaba IPO Bitcoin has lost allot of Chinese investors and the price of Bitcoin is tanking. Will Bitcoin see sub $200 levels again?
Alibaba IPO? Probably not.

The greenback strengthening against almost every currency in the world right now and people seeing it as a stable currency again... Probably.

Bitcoin gain popularity as the dollar was decreasing in value due to the printing press being on. Now that the US is probably the best place to park cash in the world, the currency is on the rise and bitcoin happens to be tanking at the same time.

Last edited by Biggy; 09-19-2014 at 07:06 PM..
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Old 09-19-2014, 09:39 PM   #14
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Ridiculous money.12 big ones?
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