Bitcoin Forum

sometimes pictures speak better than a thousand words.
all these are with the same zoom level and all at 12h steps taken from bitcoinwisdom the bitstamp market. except the first picture which is 1 day steps because  bitcoinwisdom doesn't load that much!

https://i.imgur.com/1k2nZBY.jpg

https://i.imgur.com/GEimABr.jpg

https://i.imgur.com/y6buAv9.jpg

https://i.imgur.com/c1uZHQx.jpg

https://i.imgur.com/9Jl6Jbh.jpg


and finally what we have today:

https://i.imgur.com/7Djta1l.jpg

Same optic for me : only massive and planned dump.
Not normal situation, rise continu soon.

Rabbit Hole : http://imagizer.imageshack.us/a/img923/3581/eXVzRP.png

Test : http://imagizer.imageshack.us/a/img924/2396/CgKwCQ.png

Epic History : http://imagizer.imageshack.us/a/img922/7461/Naqgjr.png

lolz you guys are so wrong!

Btc will continue to crash, all the way downto $500.

I told you blood will flow in the street, metaphorically. Many of you should be standing inthe ledge ready to jump.

lolz

Where is your proof about bitcoin would go crash to $500 dollar? there is just a panic selling going on and because bitcoin price is so high up to $2700 it just plummet down because of some fearful users that think bitcoin will go down and crash and that is because of the like of you that are very negative with the success of bitcoin, but I am surely thinking for the positive side because it is a great opportunity for the ones that wants to buy bitcoin and because the price drop they can surely buy bitcoin now and other to convert their fiat back to bitcoin.

Seriously, are you trying to sell yourself as a cheap (or should I say cheep) copy of kwukduck? It's not working... I have followed basically everything you have been coming up with in terms of predictions, and exactly as is the case with kwukduck, you are far off each time. The price rockets up in a very short time, and now the price takes a few steps back, it's completely normal. A correction from this level was imminent for some time, and here it finally is. It's great in the way that coins from weak handed gamblers flow into stronger hands. If the price happens to conintue rushing up, it will face less problems now. It was a fart that needed to find a way out, and it did. :)

If that's true I'll buy all of your sig spam money for $500/BTC. Send me a PM. Happy to do it asap. Oh noes! The crash! Sell to me at $500/ea quick!

---

It's the same with sticks too. The selling is so quick because people panic and want to hang onto profits. Bitcoins aren't going down or into a bear market anytime soon so this is just a temp situation. There hasn't been much movement in the past two hours so I'm expecting we pump right back up to $2200 or so today and continue on the track to $3000 soon after. These giant pumps and dumps mean nothing when you invest so long ago that your money is triple, or 5x it's original value.

I was actually thinking about this the other day, and I mostly bought coins back in $200-$220 and now price is $2000-$2200 and that is 10x rise!
the funny part is that the same comments by people like talks_cheep and the legendary kuwkduck has always been the same about blood in street and the dip continuation down to $50, not it is $500 and in a couple of years it will probably be $5000 :P

Hoping this is said in jest and you're not kwukduck 2.0!

The Blood in the street guys, will be the people who did not buy when the price was still low and when this thing takes off and reach $10 000 per bitcoin. I think some of them are secretly buying some bitcoins when people believe the shit that they are posting. Bitcoin does not follow the rules, so you will not see the same trend as with other commodities that are being traded. If a country like Japan change their attitude towards Bitcoin and mass adoption follows, then you will see a massive influx of investors and a bubble will be the result. ^smile^

I don't consider those same graphic movement of indicators as a good reference what will be the flow of bitcoin price. It's impossible that all bull and bear have the same idea with the current trend. Just go with the flow or take the risk of buying or selling at the current price rate.

Just remember one thing, don't believe in FUD like those who have weak hands.

CUT YOUR LOOSE!!!

Indeed. I hope you are right, sir.

Now where I have heard that before.  ::)
Talking down bitcoin's price won't work, at least in this forum. Plus you are asking people to sell when the general consensus is for a bull run.

Not just bitcoins, almost all commodities are repeating their trading patterns. A new high -> a steep fall -> dead cat's bounce back and again a new peak and continues. If you look at the price levels, it is just jamais vu (= never seen), means bitcoin is finding new ATH all the times for repeating same patterns.

We've been always seeing the rise and drop on bitcoin's price so it's always a deja vu. Despite of the massive drop in bitcoin's price recently, no one is really concerned about it (pertaining to those who knew bitcoin entirely). Bitcoin's destination is always been upward, though it struggles sometimes, it will definitely recover and be back to its tracks. Upward is the only way.

Lol. A Hero member trolling like a newbie, a first if I may say. Worst the Kwukduk himself.

If if ever the price goes $500 I wouldn't jump, You go jump first and see what happens. I think he already dump his bitcoin and enjoying his vacation.

Just the comment of someone without anything to back it up, and even if that was true guess what we will take the opportunity to stock as many bitcoin as we possibly can so we get ready for the next bubble, but fortunately for us that is not going to happen, I doubt we are going to see bitcoin with a price lower than 1000 ever again.

Two words: paid shills. We see em in r/Bitcoin all the time, at least those people have the brains to actually formulate an argument. Thank goodness they can't do much more than that. Bitcoin could possibly hit below $1000 again as nobody can predict the future with absolute certainty, but who knows? If the scaling debate continues to spiral out of control and BIP 148 fails, it could very well be more Jihan Wu stalling Segwit and price stagnating or falling.

Yup, those are accurate for bitcoin, always the same scenario happening, and the fact that the price is still so high means that the price of the bitcoin is going to keep on dropping at a fast pace in the upcoming week. Also it is even more likely because all the investors came from china speculating what means that the only purpose they put in money into bitcoins and other cryptos was to make profit. Sadly we will see a huge bubble pop pretty soon.

We've seen it many times throughout the years. The price is holding up nicely and after 7-21 days, back up we go.
 8)

how many more of these do you think we will see in the future before people catch on to the pattern?

https://i.imgur.com/cRq0fr8.jpg

it is as good a time as any for me to update this with the latest dips which was practically the same panic/manipulative dumps before the start of the new rally to the current $3400 price:

https://i.imgur.com/lM9LHEq.jpg

Great thread! I'm sure there's past similarities with the current drop.

You are dead wrong.

Actually it will crash down to $50.

Now go sell your coins, if you still have any.

And never buy any more.

Someone has trying to spread fuds and all he knew is to troll. ;D
Well all he wants from us is to dump our coins so someone can buy in low and take profit afterwards.
I'm not sure if any one here will believe as I know many people here are wise enough and knowledgeable not to believe this kind of BS. Well sorry for the one's who'll believe.