Bitcoin Forum

Against all hopes of the development team responding to this emergency situation, as expected, it remained all quiet.

Orderboek are shifting again. Selling pressure is increasing and investors and even average Joes are moving their assets into safer more future proof investments like Dash and Ethereum.
Another sad day and week for bitcoin I'm afraid.

te price is stable now, i dunno where you see the downtrend anymore, it look stable, if this is not a dead cat bounce, we can expecta  recover to the previous point very quickly

and lol at moving into dash and ethereum when they share the same flaw, since they are a clone of bitcoin(talking about the currency not the platform of ethereum), unless those coins implemented the litecoin fix for the block limit

Where is the continuing crash? It's just normal volatility after the heavy panic selling that we have seen. It's nothing special. We will see more of these $10-$20 price swings the comming days. The crash will continue when we see the price go below $350. Then you can create as many threads as you want. Right now there is no crash. We're still in the recovery phase.

I see a good support around 350$ . So if break 385 next step will be 400$

I don't think it should be called crash since it has been playing around $375 - 380 for today and that's exactly normal since it could be expected to have some increase and decrease plus it's getting back up now and stabling little but little so your interpretation is not correct.

Then, after Cryptsy crunch we should be happy about this price  8)

Lol! You call a $60 downfall a crash to remember?
I would say this is nothing to get afraid of. Its just a slight bump over the long run due to certain downfall of some scams such as, Cryptsy, Bter, Ore-mine etc.
Just wait till the next halving proceedes through and it will start rising tremendously.

I dont understand why pepole get so anxious over such a small crash that they are making decisions to exchange their preferred currency to a more volatile one!
Good luck to them anyways ;)

Cannot agree with you. Can you show me where the crash continues? Price has been pretty stable at around $380 now.

Panic is inside all people. Speculation is impossible to done without Panic  8)

People, we ve seen this scenario so many times by now. FUD which creates BTC dump, then the price goes up again in a few weeks and noobs who bough high and sold low lose their money. Dont be stupid, hold on to your coins unless you know how to trade.

 Well this seems to be a rather soft and gentle "crash" until now :). Actually I'm surprised how easily the market absorbed those fairly big dumps.

Yep the crash upwards continues...only in BTC

I wonder what drugs you are on? Really, every day the same crash threads from you. Accept it, you will never get rich with Bitcoin. These times were long ago. Move on and focus on other investments. But stop forcing people to sell here in the forums.

kwukduck, just stop with this. why you always say a crash is going to happen when you see the price is going down? i want to see you predicting a crash when everything looks just fine. you are the same as cryptocoinsnews. they also say the price wil go down when the price is already going down. when the price goes up, they say we are advancing.... dohhhhh.

Yes, your analysis matches with my predictions. $350 must be a good support and at the same time price is facing a strong resistance from $500. Hopefully it will break $500 this month.

Nope, kwuckduck always says its a crash but when the price goes up, he goes quiet. Yeh, the price is going down and will go down for the next months to come.

He is the perfect internet troll. Big mouth when the graphs agree with his doomsday vision.

But once the graphs turn, he is nowhere to be found, because he cannot influence the euphoria of a rising price enough.

Dash and ethereum rise a bit compared to bitcoin then all the sudden they become the safe haven in crypto?  ??? Don't think so, you gotta think of something better than that  ::)

dash and ethereum will be as always been, an alternative crypto and nothing else. it doesn't matter how much they are trying to advertise them. they can not grow more than this and people are just going to buy and sell them for the temporary rise and falls to earn more bitcoin.

I really hope for it to recover soon. It has stabilized at least. Cryptsy will be forgotten soon. In fact, there were warning signals everywhere about it, so it cannot be considered a blow which could not have been avoided. Hearn's letter is hard, but many people weren't listening to him anymore either.

And Bitcoin is still working ok as it is.

shill account just to spread FUD, that's all

No. There is no evidence of crash right now. Bitcoin price is trading very stable around $385 levels. Soon, we can see prices testing $400 price levels with these sustaining prices.

Even if he had a week to think something up he could not think of anything with any substance. He is our local speculation idiot who continuously gets caught short haha His threads should be just like water of a ducks back. No continued crash we are stable for now.

Oh Kwuckduck, stop being a permabitch.  This is just a little itsy-witsy speedbump for bitcoin and we've been over such speedbumps many times before.  I'm actually surprised that bitcoin hasn't dropped more, what with Hearn's comments and Cryptsy's "ddos" excuse/lie/whatever.  Go eat a wooden pickle.

I'm not a pwrma-anything. I just recognize real problems and that there isn't done and my thing about it... this simple fact endangers bit coin.

As long as problems aren't tackled there is no future for bitcoin.

We've been promised for years that it would be solved. It hasn't. ..

I don't know if the cryptsy scam is the only thing responsible for this crash but I don't see it reach $200 which was the price few months back. It may still go down from this point but shifting to etherum is not a solution when bitcoins are still more popular than them.

No it won't hit that much. What you indicated occurred over the past years of its rising, but now this has market fall is also a reason behind its drastic fall in the value of bitcoin. This time somehow the crash is over the rate is getting settled. We can expect for a hike not fall from the settled value of 375$. There may be some changes over bitcoin value when US election proceeds.

Oh Oh Oh!  :o

Hmm we will see if we will go back to 400 dollars again I think in February will be back at 400 dollars.
I hope it can go drop more is not I want a high price, but is just better to buy when is low, because is cheaper.

If hold 400$ all this week, sale are ended  8)

still crashing up

OP headline is correct. fiat is indeed crashing further.

All the weak hands just got trolled by hearn.  Insiders just accumulated more coins.  Holders still looking good as always.

Aaaand here we go back up again :)

bitcoin is sucking fiat money power, everytime we face an increase(an average increase with a new minimum)

i would not be suprised if one day when we hav e a T market cap, fiat is collapsed already or very undervalued

Lol! "And so the crash contines"

Really? Is that why last night the price of one btc was $370 and now it rose to over $410?

You've got no idea what you're talking about, kwuckduck. There's no bitcoin crash coming anytime soon, only a price wave that sends the price per btc to new highs.

Where are you right now, kwukduck? You are always loud when the price is tanking, but I never see you when the price shoots up as it is right now.

Well what do you think is happening right now?
Bitcoin is well recovering, the crash is over.
I'm looking forward as to where bitcoin will stop rising this time.

Is it me or I can't see the price in CoinDesk? I just see a blank page. But I only see the price at 410 dollar in the index.
I hope we will see going up again in the 450 dollar again.
I think in March we will see 500 if not I hoping it will go that way before the halving.

Seems to be stabilizing at 410 probably 400-420$ in the next few days until the next pump/dump, I think it will slowly rise to where we were before the crash. I mean after all the dump was pretty stupid so I see great potential to rise up again.

Don't worry. There will be plenty opportunity to buy sub 400.

Fundamentals are still broken. Bitcoin doesn't scale and has become centralized.

Just have to convince two people running mining pools and you can change anything you want. I don't think it's hard to pressure people into doing that.

Yeah who didn't think it was going to eventually go back up to $400 and eventually above that. Bad news always causes a crash and then a rise back to where it was or close once everyone realizes it was all for nothing.  ::)

Not the price is going to increase above 410$ and i think it will rise above 450 again. but i didnt know why this happen..
the fluctuate today is very fast and the price is stable around 400-410 sooner or later there is a possible to rise 500 soon..

Here is the reason for the rise: China ready to adopt digital currency
http://www.coinfox.info/news/4513-china-ready-to-adopt-digital-currency

Well is still a crash because bitcoin have reach at 1000 dollars at we still not there.
Still this is a good price so I am hoping that this year will go back to 1000 dollars.

And Now trade around 405-410 for next hours, then pump will move the pritce till 430-435 (i think tomorrow in the early morning GMT)

Hold till 390. Sell under.

Other tips and analisis here: https://bitcointalk.org/index.php?topic=1334480.msg13631278#msg13631278

After got recovered price is moving up again into right direction to the moon and it seems there will be major rise happen and it will cross $430 level as there is huge buy support at above $400 so hold it and wait for this rise.

That is wonderful news and i am also will do agree with you for this price is on stable floor above $400 and there is more good chance to next floor above $440 very soon.

All this fear and we are almost back up to even... funny how everyone wants to invest for the volatility but get upset with ups and downs.

That is because they do not know the timing of up and downs before the price action, so they cannot make easy profits.

There is no crash at all. If the price rises or drops 10% a day, it is very normal for the bitcoin at this stage.