|
Title: $593 and still falling. Why? Post by: the_poet on June 22, 2016, 11:30:22 PM Why this awful crash?
Title: Re: $593 and still falling. Why? Post by: kwukduck on June 22, 2016, 11:32:02 PM Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales.
Title: Re: $593 and still falling. Why? Post by: Anonymoose33 on June 22, 2016, 11:35:36 PM Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales. Hey, tell your boss to drop the price to $250 so I can pick up some cheap coins, unless he is scared. He still pays you by the post count anyways, right? Title: Re: $593 and still falling. Why? Post by: Hugroll on June 22, 2016, 11:39:39 PM lol the volatilty of the bitcoin price isnt a scam :-X. its just bitcoin being bitcoin. if you chose to buy at the wrong time, its not a scam.
anyways i dont mind it tbh cuz i know its going back up near the halfing and this gives me a chance to buy more btc at low price. Title: Re: $593 and still falling. Why? Post by: the_poet on June 22, 2016, 11:41:09 PM Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales. I wasn't scammed by anyone you idiot, as I don't do trading and I just hold my coins. Title: Re: $593 and still falling. Why? Post by: Sir_lagsalot on June 22, 2016, 11:42:57 PM Really need another block so I can cash out. The price will bottom off somewhere around 500-550. Will buy when it starts going up again. This is scary :(
Title: Re: $593 and still falling. Why? Post by: Anonymoose33 on June 22, 2016, 11:43:40 PM Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales. I wasn't scammed by anyone you idiot, as I don't do trading and I just hold my coins. Title: Re: $593 and still falling. Why? Post by: btc_owner on June 22, 2016, 11:45:08 PM Sell before he go down to 500dollars
Title: Re: $593 and still falling. Why? Post by: AunTraders on June 22, 2016, 11:54:32 PM let see what happend we can just wait ..
Title: Re: $593 and still falling. Why? Post by: alyssa85 on June 23, 2016, 12:14:19 AM Profit taking, it went up too fast. Nothing goes up in a straight line apart from pumps. Also when it hit the highest since 2014, some of the people who bought back then hurriedly sold, thanking their stars they were able to exit.
Title: Re: $593 and still falling. Why? Post by: janggernaut on June 23, 2016, 12:16:29 AM Why this awful crash? Because i guess a lot of people sold their btc after it reached $760 a couple days ago, and still doing it until now, Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales. I wasn't scammed by anyone you idiot, as I don't do trading and I just hold my coins. Title: Re: $593 and still falling. Why? Post by: robinH on June 23, 2016, 12:34:20 AM It's dump time, enjoy the ride. The price shouldn't matter or aren't you a true believer?
Title: Re: $593 and still falling. Why? Post by: talks_cheep on June 23, 2016, 02:45:08 AM Buy on the dips, they say. You didn't really think it was going to go UP all the time??? ???
Title: Re: $593 and still falling. Why? Post by: Btcvilla on June 23, 2016, 03:52:42 AM Whales are dumping and panic sellers are panic selling. Nothing much more really.
Its Bitcoin being Bitcoin. Title: Re: $593 and still falling. Why? Post by: groll on June 23, 2016, 07:47:16 AM Maybe because of the halving? Some were afraid of that term so all the investors will sell their share and wait if the price will go up again. As they say, buy low and sell high, that what everybody else did. I am pretty sure that its price will go up after the halving, will just have to wait.
Title: Re: $593 and still falling. Why? Post by: Denker on June 23, 2016, 07:58:34 AM Whales are dumping and panic sellers are panic selling. Nothing much more really. Its Bitcoin being Bitcoin. Absolutely! Too much emotions tends to happen in both directions. On the way up people who aren't in are feared to miss the train so the buy on almost every price and push it higher and higher until the ones who were before start to take profits. And when the dump happens people fear to lose their investment and sell like hell. After a while the dust will have settled and we will have stabilized.Finally everybody can take a deep breath! :D Title: Re: $593 and still falling. Why? Post by: lemipawa on June 23, 2016, 08:05:38 AM I guess this happens when the total volume of Bitcoin sellers overshadow the volume of those who buys Bitcoin but at $590 now that is much better looking number because earlier it dipped to $556. Every morning when I wake up aside from checking my kids and giving my wife a hug, I check my smart phone to see how much is the price of Bitcoin and for the past 2 days I'm waking up in disbelief not about my kids and wife but with Bitcoin.
|