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Title: [FACT] End of month dumping.. Post by: Spoetnik on July 26, 2014, 03:06:55 AM like the title says.. happens every month and i noticed this long ago last year.. totally predictable !
but surprisingly, most of you out there have not noticed.. use it to your advantage ;) Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on July 26, 2014, 03:29:17 AM well i mean Bitcoin + Altcoins for starters..
and yeah Rent..i had dumped countless times myself to pay rent or other bills in the past. i also have been told by well known bigger day traders they use their monthly bill money for speculating.. so they have to cash out at the end of the month. there is also other factors for dumping too that is interlinked with Bitcoin and altcoins. take for example a BTC mining farm that is worth many millions of dollars revenue wise located in Washington State USA.. they have loan payments to make and electricity bills to pay and so do some smaller miners.. imagine you went and bought 20 gpu's.. you have to pay the electricity bill for them and not all of us have a giant bank account with extra "play money" so that bill money has to come from somewhere. then factor in guys who KNOW this already dumping ahead of schedule.. i have, lots because i needed to pay my bills and i wanted to get a jump on the monthly dumpers to get more for my coins. then factor in the crowd momentum.. one the pedulum starts swinging the other way it's happening and it's not going to be stopped. i don't think there is one simple reason for it but many rock solid reason for the timing of it.. use it to your advantage ! edit: mid month is usually the peak price i think. reaching the low around the end of the month. Title: Re: [FACT] End of month dumping.. Post by: ProGamer on July 26, 2014, 05:41:24 AM Have you ever seen coins go upward instead of downward during this end of the month dump?
Title: Re: [FACT] End of month dumping.. Post by: Lucky Cris on July 26, 2014, 05:43:42 AM Interesting.... Subscribed.
Title: Re: [FACT] End of month dumping.. Post by: UploadDOT on July 26, 2014, 05:52:36 AM Title: Re: [FACT] End of month dumping.. Post by: V500 on July 26, 2014, 05:53:27 AM please delete the thread. Thanks for posting ... :p
Title: Re: [FACT] End of month dumping.. Post by: KenChanYu on July 26, 2014, 06:13:13 AM I think the community has matured and not throwing there btc into alts with not needed "innovation" and no future besides being traded. I know whales/PnDs are actually starting to lose money as the community starts wising up to the game. Soon coins with real value will start to shine as people get over there need to make a quick buck and end up losing.
Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on July 26, 2014, 03:16:18 PM Have you ever seen coins go upward instead of downward during this end of the month dump? i would say yeah it happens.. not unusual the most popular one or some random obscure ones but what if the market was not down overall ? then i think the ones *still going up would have gone up far higher had the market not been in a down turn.. see what i mean ? i am no pro market analyst guy just trying share my observations and a rough idea why i think it's happening Title: this is Moon-HAX ! Post by: Spoetnik on July 26, 2014, 03:21:05 PM i can't deny this proof ! i knew there was a conspiracy in there somewhere and ya of course it's the moon figures ::) been watching a LOT of shows on TV about the moon lately and this may be tied to the various "created" objects on it ? like the satellite and the big gun or nuclear reactor or the bridge's or various piping etc. Aliens put moon bases & stuff on it ! And now they want to control our Altcoins too ! Title: Re: [FACT] End of month dumping.. Post by: poornamelessme on July 26, 2014, 05:20:39 PM Declining prices at the end of the month... interesting and probably true. I remember people saying others were selling off to pay VPS costs, as bills are due at the end of the month. I find it odd that people would sell off to pay rent, meaning their housing status was based on the whim of the crypto markets (way too risky), but I guess some folks do that too. I expect those that do may find themselves living in a cardboard box at some point though.
I'm sure someone out there has done it, but a database analyzing overall prices and time of year could be interesting to look at. Past performance doesn't necessarily equate to future performance, but it is a trend that does seem to have a logical basis behind it. Not that it necessarily does me any good, unless a specific alt I want is being dumped at the end of the month, but it's something to look for. Title: Re: [FACT] End of month dumping.. Post by: aso118 on July 26, 2014, 05:20:54 PM The price does seem to drop right around the 1st of each month. With more and more 'big businesses' accepting bitcoin (ie Dell), I'm sure many of them are contributing to this - by converting all loose assets at the end of the fiscal month. I actually didn't put this together until I seen your post.
Title: Re: [FACT] End of month dumping.. Post by: furlong on July 26, 2014, 06:24:03 PM Tipical end of the month dump
Title: Re: [FACT] End of month dumping.. Post by: damiano on July 26, 2014, 06:37:06 PM Cashing out so you could pay your bills ? Really?
That's just irresponsible. If your investment tanks your asked out. Title: Re: [FACT] End of month dumping.. Post by: 3x2 on July 26, 2014, 06:46:40 PM so if someone wants to buy he should buy at end of the month :D
Title: Re: [FACT] End of month dumping.. Post by: InwardContour on July 26, 2014, 06:49:17 PM like the title says.. happens every month and i noticed this long ago last year.. totally predictable ! but surprisingly, most of you out there have not noticed.. use it to your advantage ;) I don't think that most of the people who invested in bitcoins is cashing out every month, with the increasing value per year of btc this would be a really bad move. Title: Re: [FACT] End of month dumping.. Post by: Oldminer on July 26, 2014, 07:28:35 PM like the title says.. happens every month and i noticed this long ago last year.. totally predictable ! This has always been the case. Welcome to 3 years ago.... ::) Title: Re: [FACT] End of month dumping.. Post by: Stinky_Pete on July 26, 2014, 07:36:01 PM Where are the figures to support this idea?
Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on July 27, 2014, 12:51:28 AM Cashing out so you could pay your bills ? Really? That's just irresponsible. If your investment tanks your asked out. i have heard that lots before and it's just as stupid now lol use your brain.. the largest mining OP's on planet earth could not even get started with out loans and electricity costs. i mentioned one in Washington state as an example of scrypt or sha256 asic mining farms and the Washinton guy said in a coindesk story that he started with $300 and a couple GPU's and he lived in his Volkswagon bug car for a while i think he said.. Now his operation is worth MILLIONS ! Fact: the guy couldn't do it he said unless he got investors and those investors need their payments.. where the fuck do you think those payments he makes comes from ? a lot of you with money to burn are some of the dumbest i swear lol and i have paid bills by cashing it.. because I COULD ! NOT because i HAD too ! I also have cashed out pretty much everything i ever had between 10 and 15k profit in the last 10 months or so.. I never invested (spent my rent money) one single times and as a matter of fact i never ever invested 1 single cent. I also don't pay electricity bill either.. It's safe to say almost no one is taking their rent money and gambling with bitcoin.. lol you would prob end up broke so fast you wouldn't know what hell hit you ! i think a lot of you just have no clue in the slightest what is going on.. where the hell do you think the rented VPS CPU botnet farms get the money to pay for them ? you guys think everyone just hold every coin they ever get and pays out of pocket the monthly bill ? i could think of endless reasons why people pay bills with cashing out and i forever have heard snotty that's dumb comments and i know who is dumb lol and it sure s fuck ain't the guy running a multi-million dollar asic farm i mentioned or me who made raw profit and cashed out and spent it on whatever the fuck i wanted (bills or not) LOL Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on July 27, 2014, 01:01:53 AM another point.. prob the last one i think is i noticed some coins don't tank..
it seems like some of the ones that have almost no volume just idle because they had no volume before hand it means no one starts dumping i think ? and these ones are rare but they can also spike up during the down time because of a sudden surge in volume. (from none to some) an example i noticed that matches what i just said was last month when all coins were tanking.. RDD all of a sudden started to pick up in volume more and more and it seemed to attract more people too.. causing a jump in momentum on it ! because it was one of the few going up.. it looked attractive when most were tanking to jump on the one that was not but going up instead. but before the markets were dropping there was almost no volume on RDD (based on my Cryptsy observations last month or two) it surprised me sort of that RDD actually went up a lot while all the others pretty much tanked hard. But not really because i had seen that happen lots before going back last year.. Title: Re: [FACT] End of month dumping.. Post by: GroundRod on July 27, 2014, 01:57:01 AM ....but before the markets were dropping there was almost no volume on RDD (based on my Cryptsy observations last month or two) it surprised me sort of that RDD actually went up a lot while all the others pretty much tanked hard. But not really because i had seen that happen lots before going back last year.. Ya noticed RDD going up here too...haven't followed the coin until I noticed Cryptsy made it available in usd, was wondering why the hell they are putting that 20 satoshi coin on the banker money trades. So turned it on for viewing in my dashboard for btc<c trading too & started watching it, still haven't installed the wallet or bought any, but find what its doing right now very interesting, trading @37 right now. Thanks for pointing out the monthly cycle, I had not noticed that fact before, really only started following alts since last Dec, pretty convinced its true though. As to proof to those wondering if this is 'real', was thinking about how to verify that yesterday, thought it would be an interesting problem to solve...one would have to feed allot of the time/price data for allot of the different coins into an FFT transform, look at the output in the frequency domain, if its real, there should be a peak around the 30-31 day mark. Anybody setup to do that? Title: Re: [FACT] End of month dumping.. Post by: Brewins on July 27, 2014, 03:54:22 AM Cashing out so you could pay your bills ? Really? That's just irresponsible. If your investment tanks your asked out. Bitcoin miners are smart in doing that, if they are looking for profit. Otherwise they might even operate at loss and don't see that. Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on July 27, 2014, 04:07:20 PM ....but before the markets were dropping there was almost no volume on RDD (based on my Cryptsy observations last month or two) it surprised me sort of that RDD actually went up a lot while all the others pretty much tanked hard. But not really because i had seen that happen lots before going back last year.. Ya noticed RDD going up here too...haven't followed the coin until I noticed Cryptsy made it available in usd, was wondering why the hell they are putting that 20 satoshi coin on the banker money trades. So turned it on for viewing in my dashboard for btc<c trading too & started watching it, still haven't installed the wallet or bought any, but find what its doing right now very interesting, trading @37 right now. Thanks for pointing out the monthly cycle, I had not noticed that fact before, really only started following alts since last Dec, pretty convinced its true though. As to proof to those wondering if this is 'real', was thinking about how to verify that yesterday, thought it would be an interesting problem to solve...one would have to feed allot of the time/price data for allot of the different coins into an FFT transform, look at the output in the frequency domain, if its real, there should be a peak around the 30-31 day mark. Anybody setup to do that? hmm i did not know Cryptsy added RDD to USD markets wow ballsy lol i have no interest in that coin and i sure as hell wouldn't if it had confirmation times on the exchange for months at 999 and even for while it shot up to over a 100k a chat mod told me.. anyway there has been a guy here great at doing graphs.. he is the guy we need to show it lol i bet exchange graphs would back up my point over all though. why people do it is irrelevant i figure.. and i can only speculate why. the important point is it true ? i think so myself. Title: Re: [FACT] End of month dumping.. Post by: boxuser on July 27, 2014, 05:48:34 PM interesting, i will have to pay more attention to this
Title: Re: [FACT] End of month dumping.. Post by: thrax on July 27, 2014, 06:00:02 PM ....but before the markets were dropping there was almost no volume on RDD (based on my Cryptsy observations last month or two) it surprised me sort of that RDD actually went up a lot while all the others pretty much tanked hard. But not really because i had seen that happen lots before going back last year.. Ya noticed RDD going up here too...haven't followed the coin until I noticed Cryptsy made it available in usd, was wondering why the hell they are putting that 20 satoshi coin on the banker money trades. So turned it on for viewing in my dashboard for btc<c trading too & started watching it, still haven't installed the wallet or bought any, but find what its doing right now very interesting, trading @37 right now. Thanks for pointing out the monthly cycle, I had not noticed that fact before, really only started following alts since last Dec, pretty convinced its true though. As to proof to those wondering if this is 'real', was thinking about how to verify that yesterday, thought it would be an interesting problem to solve...one would have to feed allot of the time/price data for allot of the different coins into an FFT transform, look at the output in the frequency domain, if its real, there should be a peak around the 30-31 day mark. Anybody setup to do that? Do you think RDD is a good buy right now? Title: Re: [FACT] End of month dumping.. Post by: GroundRod on July 27, 2014, 06:13:08 PM Well as I don't own any, so more than likely. Still coins like this can be very volatile, don't listen to my advice, do your research. Staying on topic here, it would seem to be fighting the monthly cyclic trend, plus it appears to be an experiment for Cryptsy, offering trade w/usd....
Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on July 29, 2014, 01:44:58 AM interesting, i will have to pay more attention to this i know and i have forgotten about it easily until it was too late ??? knowing this happens like clock work every month can give you a huge advantage at buying OR selling. Title: Re: [FACT] End of month dumping.. Post by: Nxtblg on July 29, 2014, 03:21:12 PM I think the community has matured and not throwing there btc into alts with not needed "innovation" and no future besides being traded. I know whales/PnDs are actually starting to lose money as the community starts wising up to the game. Now that would be a floopity floopin' nice change! I was hoping for that endgame when the scamcount reached peak scam some time ago. Be nice to se things quiet down while the better alts enter a chrysalis, mutate and spawn. :o :D Lordy, lordy, we might actually see some people starting up a clonecoin and invite others to join in simply for the fun of it... Title: Re: [FACT] End of month dumping.. Post by: Nxtblg on July 29, 2014, 03:25:00 PM ....but before the markets were dropping there was almost no volume on RDD (based on my Cryptsy observations last month or two) it surprised me sort of that RDD actually went up a lot while all the others pretty much tanked hard. But not really because i had seen that happen lots before going back last year.. Ya noticed RDD going up here too...haven't followed the coin until I noticed Cryptsy made it available in usd, was wondering why the hell they are putting that 20 satoshi coin on the banker money trades. So turned it on for viewing in my dashboard for btc<c trading too & started watching it, still haven't installed the wallet or bought any, but find what its doing right now very interesting, trading @37 right now. Thanks for pointing out the monthly cycle, I had not noticed that fact before, really only started following alts since last Dec, pretty convinced its true though. As to proof to those wondering if this is 'real', was thinking about how to verify that yesterday, thought it would be an interesting problem to solve...one would have to feed allot of the time/price data for allot of the different coins into an FFT transform, look at the output in the frequency domain, if its real, there should be a peak around the 30-31 day mark. Anybody setup to do that? Thanks for the update. In my currently klutzy way, I sold the last of my RDD when it started to wake up... But a heads-up. Redd was a classic "sleeper" that needed months - I repeat, months - to wake up. That I actually liked, because I had regarded it as my long-term ace in the hole. I didn't have any trouble finding something else to do while waiting. :) Patience is a virtue... Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on August 31, 2014, 08:27:26 PM well here we go again !
and like the last few months i don't think we will get much of a rebound either :( prices will tank out now'ish and peak again around mid-month but overall stay lower.. Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on October 23, 2014, 05:41:12 PM well here we go again.. piles of coins dropping such as mass dumping of Monero on Poloniex right now.. even BTC !
Title: Re: [FACT] End of month dumping.. Post by: The Master on October 23, 2014, 06:44:08 PM Maybe they are women. Monthly cycle puts them in the mood to dump. :)
Title: Re: this is Moon-HAX ! Post by: iGotSpots on October 24, 2014, 12:16:00 AM i can't deny this proof ! i knew there was a conspiracy in there somewhere and ya of course it's the moon figures ::) been watching a LOT of shows on TV about the moon lately and this may be tied to the various "created" objects on it ? like the satellite and the big gun or nuclear reactor or the bridge's or various piping etc. Aliens put moon bases & stuff on it ! And now they want to control our Altcoins too ! Fun fact: They say the moon is hollow. Heard echos from landers (If you say we never went I will strangle you) Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on October 24, 2014, 01:49:10 AM LOL i think we went there ;)
and hmm that is a curious idea though.. i wonder if the moon could have an effect maybe even in a subtle way ? ya never know i guess.. we learn more all the time about science ! i know the tides area dramatic and visible show case of the effects of the moon on us ! does this mean a Crypto-Werewolf is coming soon close to Halloween ? hmmm ? ooooohhww whoooooooo !!! Title: Re: [FACT] End of month dumping.. Post by: Palmdetroit on October 24, 2014, 01:56:49 AM How did a human get there with the radiation belts melting all ... ahh forget it sure 50 years ago :D and it just jumped off da moon and flew back
Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on October 25, 2014, 04:43:25 AM Don't forget guys !
Stay calm and buy cheap coin ;) Title: Re: [FACT] End of month dumping.. Post by: PenAndPaper on October 25, 2014, 04:46:17 AM Summer dumping, end of month dumping, weekend dumping etc... Lets call it 24/7 dumping and save all of us the trouble :P
Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on October 25, 2014, 04:55:48 AM Summer dumping, end of month dumping, weekend dumping etc... Lets call it 24/7 dumping and save all of us the trouble :P ..and BUY cheap coin ;) Title: Re: [FACT] End of month dumping.. Post by: Red Headed Stepchild on October 25, 2014, 05:06:10 AM They are still not done dumping! ;D
Title: Re: [FACT] End of month dumping.. Post by: BlindMayorBitcorn on October 25, 2014, 05:43:59 AM Summer dumping, end of month dumping, weekend dumping etc... Lets call it 24/7 dumping and save all of us the trouble :P End of month dumping is definitely the old game. Welcome to the new one Title: Re: [FACT] End of month dumping.. Post by: bernard75 on October 25, 2014, 02:06:57 PM Summer dumping, end of month dumping, weekend dumping etc... Lets call it 24/7 dumping and save all of us the trouble :P End of month dumping is definitely the old game. Welcome to the new one The new one is 24/7 dumping. ;) Title: Re: [FACT] End of month dumping.. Post by: Oldminer on October 25, 2014, 09:08:05 PM like the title says.. happens every month and i noticed this long ago last year.. totally predictable ! but surprisingly, most of you out there have not noticed.. use it to your advantage ;) End of month dumping - Going strong since 2011 ::) Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on October 25, 2014, 09:18:11 PM like the title says.. happens every month and i noticed this long ago last year.. totally predictable ! but surprisingly, most of you out there have not noticed.. use it to your advantage ;) End of month dumping - Going strong since 2011 ::) yup.. i have used it to my advantage and made a lot of profit since last year.. too bad you weren't smart enough to notice. edit: not for a long time now though.. no money to use for investing :( Title: ROFL'z Post by: Spoetnik on October 27, 2014, 09:55:59 AM like the title says.. happens every month and i noticed this long ago last year.. totally predictable ! but surprisingly, most of you out there have not noticed.. use it to your advantage ;) End of month dumping - Going strong since 2011 ::) Trolling Bitcointalk users and being happy fake exchanges added your scam coin your are the biggest bag holder on.. want some integrity pal ? I will sell you some for Carbon coin's LOL https://bitcointalk.org/index.php?topic=526031.msg8475521#msg8475521 CLOWN-TASTIC ! Title: Re: [FACT] End of month dumping.. Post by: sgk on October 27, 2014, 10:13:14 AM Frankly, I never looked at it this way. Interesting.. people cashing out at month's end and paying their bills.
So if I wanted to buy some BTC, the month end would be the right time! Title: Re: ROFL'z Post by: Oldminer on October 27, 2014, 10:59:11 AM like the title says.. happens every month and i noticed this long ago last year.. totally predictable ! but surprisingly, most of you out there have not noticed.. use it to your advantage ;) End of month dumping - Going strong since 2011 ::) Trolling Bitcointalk users and being happy fake exchanges added your scam coin your are the biggest bag holder on.. want some integrity pal ? I will sell you some for Carbon coin's LOL https://bitcointalk.org/index.php?topic=526031.msg8475521#msg8475521 CLOWN-TASTIC ! Ah it's my favorite village idiot.. Your lesson for today is... http://andrewroberts.com.au/wp-content/uploads/2012/09/self-esteem-pyramid.png Check back soon for lesson 2.. ;D Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on October 27, 2014, 11:11:30 AM Frankly, I never looked at it this way. Interesting.. people cashing out at month's end and paying their bills. So if I wanted to buy some BTC, the month end would be the right time! massive mining farms built in shipping containers have electricity bills that need to be paid. a lot of these operations stretching from Washington state USA to China have been built from loans that need to be paid back. A guy i seen in an interview before running a mining op in Washington started out with 300 bucks living in his Volkswagon Beetle car. Now its worth millions dollars LOL the more you think about it the more it makes sense to have regular dumping for many reasons ..a lot of BTC sell pressure ! http://archive.is/JIVYq that is Chinese chiupping container asics with pic's and it's old.. i can't imagine how big they are now LOL or how big their monthly elec. bill is ahhaha @oldminer i am not buying carbon coin get over it.. Title: Re: [FACT] End of month dumping.. Post by: 5000Bitcoins on October 27, 2014, 11:13:21 AM you know the market is illiquid when electric bills are making a mark on the chart
Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on November 14, 2014, 08:13:00 AM another month and i was right again as always ;)
BTC dumping ramps up and peaks close to the end of the month then price spikes up by mid month then it all starts to repeat.. i've it said every month for a year+ and if i had damn money i'd be making a killing :( Title: Re: [FACT] End of month dumping.. Post by: Oldminer on November 14, 2014, 09:32:20 AM another month and i was right again as always ;) BTC dumping ramps up and peaks close to the end of the month then price spikes up by mid month then it all starts to repeat.. i've it said every month for a year+ and if i had damn money i'd be making a killing :( Your rarely right but meh, you may as well keep up the self delusion if only for amusements sake lol Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on November 14, 2014, 10:42:22 AM Well i could chart the graphs if i was not so lazy LOL
I claim what is right there under our nose.. the numbers don't lie ! Title: Re: [FACT] End of month dumping.. Post by: moiraine on November 14, 2014, 02:31:41 PM Which coin are you referring to? BTC? alts? or just everything?
I notice that stocks seem to slouch around sept-oct, not sure if the same can be said for alts. Also, if this is true I wonder what triggers the dumping at the end of the month? Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on December 28, 2015, 12:31:37 PM another month and i was right again as always ;) BTC dumping ramps up and peaks close to the end of the month then price spikes up by mid month then it all starts to repeat.. i've it said every month for a year+ and if i had damn money i'd be making a killing :( Jeez right again Spoetnik ? WOW you are smart ! i always say between the 1st and 15th is when it goes up.. then from the 15th to the end of month it gets dumped more and more peaking at the end of the month period. look at the the graphs, they don't lie ;) eyes.. open them.. https://bitcoinwisdom.com/markets/btce/btcusd Title: Re: [FACT] End of month dumping.. Post by: shanem on December 28, 2015, 02:47:35 PM another month and i was right again as always ;) BTC dumping ramps up and peaks close to the end of the month then price spikes up by mid month then it all starts to repeat.. i've it said every month for a year+ and if i had damn money i'd be making a killing :( Jeez right again Spoetnik ? WOW you are smart ! i always say between the 1st and 15th is when it goes up.. then from the 15th to the end of month it gets dumped more and more peaking at the end of the month period. look at the the graphs, they don't lie ;) eyes.. open them.. https://bitcoinwisdom.com/markets/btce/btcusd Nowaways it is less obvious for the end of month dumping. It is more likely a concidence that Bitcoin gets dumped at the end of the month. Remember Bitcoin at the end of Oct? The price keeps going until a few days into Nov this y ear. Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on December 28, 2015, 06:02:54 PM i agree the dumping overlaps the monthly period a little into the start of the next month.
it's about momentum i think and a large variety of factors.. the balance is always being tipped one way or the other. and it never takes much because people are waiting to give it a push. one group wants to dump and the other wants to buy. so the more it swings one way or the other the more pressure it gets from the group waiting to act. i don't think the notion a pattern is in play is not crazy, i think it's normal. Overall i think it's like a teeter totter you are either going up or down and it don't take much to get going the other way. Some snotty rich asshole can get lippy and say well it's not people paying bills.. he can say that because he assumes everyone has no none.. but Bill's are a part of life. More people have bills to pay in crypto than rich elite with disposal income they can afford to lose. I have said this before over the years lots.. And guys laugh about bills. But Bill's need to be paid whether you run the the biggest BTC mining operations on earth or you have 1 ASIC for BTC. The big mining op's sometimes do interviews.. i read some from guys in Iceland to Washington state. The have to get loans to build them.. BIG loans ! Their combined operating cost are staggering often.. from staff to loans to power etc. And are those guys simply going to dump their coins on random pointless times ? edit: spelling. Title: Re: [FACT] End of month dumping.. Post by: PanneKopp on December 28, 2015, 09:03:47 PM well i mean Bitcoin + Altcoins for starters.. and yeah Rent..i had dumped countless times myself to pay rent or other bills in the past. i also have been told by well known bigger day traders they use their monthly bill money for speculating.. so they have to cash out at the end of the month. there is also other factors for dumping too that is interlinked with Bitcoin and altcoins. take for example a BTC mining farm that is worth many millions of dollars revenue wise located in Washington State USA.. they have loan payments to make and electricity bills to pay and so do some smaller miners.. imagine you went and bought 20 gpu's.. you have to pay the electricity bill for them and not all of us have a giant bank account with extra "play money" so that bill money has to come from somewhere. then factor in guys who KNOW this already dumping ahead of schedule.. i have, lots because i needed to pay my bills and i wanted to get a jump on the monthly dumpers to get more for my coins. then factor in the crowd momentum.. one the pedulum starts swinging the other way it's happening and it's not going to be stopped. i don't think there is one simple reason for it but many rock solid reason for the timing of it.. use it to your advantage ! edit: mid month is usually the peak price i think. reaching the low around the end of the month. ... business as usual. THX 4 your informations over the year. Let´s hope 4 a good new one ! :D PK Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on March 12, 2016, 07:54:42 PM This seems to still be going on the same i think..
A 2 week period where it transitions up then down.. and NO not EXACTLY on the last day of the month LOL But it is to be pretty damn close to that when i first said this in 2013 lots of Cryptsy chat. Now it seems to slide past the end of the month almost to mid month.. 15th 'ish I am TheCryptoTruth™ giver & Predicterer™ ! If your not me you are doing it wrong® Title: Re: [FACT] End of month dumping.. Post by: StinkyLover on March 12, 2016, 08:22:43 PM This seems to still be going on the same i think.. A 2 week period where it transitions up then down.. and NO not EXACTLY on the last day of the month LOL But it is to be pretty damn close to that when i first said this in 2013 lots of Cryptsy chat. Now it seems to slide past the end of the month almost to mid month.. 15th 'ish I am TheCryptoTruth™ giver & Predicterer™ ! If your not me you are doing it wrong® No. You are "THE RESURRECTOR!" :D Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on March 17, 2016, 03:13:37 PM 17th and dumping for Altcoins is in full swing as i would have expected. (ETH for example)
Guys look at the charts for mid month for each month previously. I have been saying this since 2013.. it's so predictable it's stupid. Title: Re: [FACT] End of month dumping.. Post by: alyssa85 on March 17, 2016, 07:36:45 PM 17th and dumping for Altcoins is in full swing as i would have expected. (ETH for example) Guys look at the charts for mid month for each month previously. I have been saying this since 2013.. it's so predictable it's stupid. Interesting, doge is down too. Is it because it is approaching Friday, or is it because bitcoin futures contracts expiry dates are approaching? Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on March 17, 2016, 07:47:47 PM I re-explained my theory lots before but let me try & recap ;)
WHY i am not 100% sure for one thing.. But if i have to guess i'd say there is a lot of traders who NEED to dump BTC to pay bills etc Such as giant mining farms who have big loans.. They are going to want to dump for the max possible money of course. So years ago there was always a stampede of selling going on right at the end of the month which was cause the price to crash down some.. I swear to god i have looked every single month since 2013 and never NOT seen this happen ! NOW ? I think a year or so ago the dumpers noticed that too many people are all doing it too.. and they all bit by bit started to dump a little earlier then a little earlier the next month. This caused the same behavior but the timing of it moved back earlier on the calendar monthly. So the dumping starts happening mid-month now leading up until i'd say a good 5 days after the 1st of the month. (when Price recovers) When enough bigger dumpers all start dumping it triggers the momentum of the price change. Once some start doing it more join in.. There also seems to be a long time correlation between the timing of the monthly dumping and the monthly dropping of Altcoin prices.. i think users (many of them) migrate back & forth between markets. My theories anyway people ;) I hope that made sense.. i also think i could come up with more reasons for the dumping but i prob mentioned it on previous pages. Title: Re: [FACT] End of month dumping.. JUNE 20th 2016 Post by: Spoetnik on June 21, 2016, 04:06:58 AM Don't get scared when this happens again guys..
There is downward pressure pushing now and until at least the 5th of next month. So expect the price to bounce up & down a bit.. With more of a Bull run action later. It's been teetering around $720 on BTCe for a while now. So nipping at $700 heels for the next couple weeks is all i'd expect. Now you have been informed ;) Spoetnik Style (don't settle for inferior imitations) 8) Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on June 23, 2016, 05:24:20 AM You all see BTC dumping now ?
Told ya.. predictable 8) Prediction ? It will be well on it's way back up on the 5th roughly. Right now i seen BTC at BTCe for about $550 with mass dumping. Title: Re: [FACT] End of month dumping.. Post by: Minecache on June 23, 2016, 11:49:43 AM You all see BTC dumping now ? ???Told ya.. predictable 8) Prediction ? It will be well on it's way back up on the 5th roughly. Right now i seen BTC at BTCe for about $550 with mass dumping. BTC started falling just after mid-month you Spoetniktard goon. Title: Re: [FACT] End of month dumping.. Post by: Minecache on June 23, 2016, 11:55:31 AM It is more likely a attack from ETH tards, who think a little bit of shorts will hurt bitcoin. BTC price has crashed almost $200 so far. Is it hurting? Title: Re: [FACT] End of month dumping.. Post by: Minecache on June 23, 2016, 12:03:42 PM It is more likely a attack from ETH tards, who think a little bit of shorts will hurt bitcoin. BTC price has crashed almost $200 so far. Is it hurting? Title: Re: [FACT] End of month dumping.. Post by: From Above on June 23, 2016, 01:15:13 PM This thread is another example of Spoetnik explaining 2 us important facts of the crypto land in simple terms.
We highly appreciate this ongoing effort, Spoetnik ~CfA~ Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on June 23, 2016, 03:32:16 PM You all see BTC dumping now ? ???Told ya.. predictable 8) Prediction ? It will be well on it's way back up on the 5th roughly. Right now i seen BTC at BTCe for about $550 with mass dumping. BTC started falling just after mid-month you Spoetniktard goon. Exactly as i said every month since 2013.. i already explained myself MILLIONS of times but you are all too stupid & lazy to scroll up. And your all too stupid to get the point.. the pattern.. NOT bickering like drunk old hens over WHY. You are all idiots and i will explain yet again since you fail miserably at reading comprehension. I started saying mid-2013 up until about January 2014 That there was a monthly pattern at work.. and it would be dumping close to the end of the month. THEN i started saying for about 2 years now.. ..the pattern changed slightly and it was NOW offset and NOT EXACTLY at the END of the month. It NOW starts mid month and rebounds back AFTER the 5th. Minecache you proved my point and said you agree with me :D I ALSO provided a handful of reasons that are plausible as to why this pattern would be happening. But the point was.. there is a pattern going on.. NOT WHY. So you are not arguing with me your are arguing with yourselves.. i don't care why ROFL Most of you need to stop loitering around here like it's a public bathroom looking for twinks ..pullin' it bragging about being all smart & shit when you're dumber than a fucking sack of rocks. And for the love of god Kidiots learn to read! I have just posted that "Reading" is a problem here on a bunch of topics.. This place is full of nothing but mouthy Investards who want to spout of all smart like but fail miserably at basic common reading skills. ::) If you can't read then STFU. Or.. prepare to be called an idiots and laughed at :D So let's recap for the ADD victim blow hard's.. YES Minecache what you said is what i have been saying for 2 years.. every month. There for, you are agreeing with me but are too dumb to see it. AND THE POINT is ? "[FACT] End of month dumping.." Not WHY.. i don't care why. FURTHER MORE i guarantee i am right and we will be seeing BTC way higher than $520 by the 5th roughly after that it will be rising back up towards mid-month all over again as usual. I called it back when Bitcoin hit $50 for the first time.. And my predictions have ALREADY been proven correct every month for close to 3 years. Title: Re: [FACT] End of month dumping.. Post by: Minecache on June 23, 2016, 04:53:51 PM You all see BTC dumping now ? ???Told ya.. predictable 8) Prediction ? It will be well on it's way back up on the 5th roughly. Right now i seen BTC at BTCe for about $550 with mass dumping. BTC started falling just after mid-month you Spoetniktard goon. Exactly as i said every month since 2013.. i already explained myself MILLIONS of times but you are all too stupid & lazy to scroll up. And your all too stupid to get the point.. the pattern.. NOT bickering like drunk old hens over WHY. You are all idiots and i will explain yet again since you fail miserably at reading comprehension. I started saying mid-2013 up until about January 2014 That there was a monthly pattern at work.. and it would be dumping close to the end of the month. THEN i started saying for about 2 years now.. ..the pattern changed slightly and it was NOW offset and NOT EXACTLY at the END of the month. It NOW starts mid month and rebounds back AFTER the 5th. Minecache you proved my point and said you agree with me :D I ALSO provided a handful of reasons that are plausible as to why this pattern would be happening. But the point was.. there is a pattern going on.. NOT WHY. So you are not arguing with me your are arguing with yourselves.. i don't care why ROFL Most of you need to stop loitering around here like it's a public bathroom looking for twinks ..pullin' it bragging about being all smart & shit when you're dumber than a fucking sack of rocks. And for the love of god Kidiots learn to read! I have just posted that "Reading" is a problem here on a bunch of topics.. This place is full of nothing but mouthy Investards who want to spout of all smart like but fail miserably at basic common reading skills. ::) If you can't read then STFU. Or.. prepare to be called an idiots and laughed at :D So let's recap for the ADD victim blow hard's.. YES Minecache what you said is what i have been saying for 2 years.. every month. There for, you are agreeing with me but are too dumb to see it. AND THE POINT is ? "[FACT] End of month dumping.." Not WHY.. i don't care why. FURTHER MORE i guarantee i am right and we will be seeing BTC way higher than $520 by the 5th roughly after that it will be rising back up towards mid-month all over again as usual. I called it back when Bitcoin hit $50 for the first time.. And my predictions have ALREADY been proven correct every month for close to 3 years. Title: Re: [FACT] End of month dumping.. Post by: raphma on June 23, 2016, 05:41:50 PM i agree with your theory BUT this time had nothing to do with it( at least not most of this dump ).
Main reason, in my opinion, was a mix of the 24k bitcoin auctioned in australia + bitcoin retration. i was expecting a retraction since 550~600$ and bitcoin just skiped to almost 800$. So, delayed retraction plus big auction = doom. Title: Re: [FACT] End of month dumping.. Post by: Spoetnik on June 23, 2016, 11:52:50 PM No your tarded thread proclaims end of month dumping, not mid-month you Spoetniktard BTC goon shill. i have explained endlessly and i just did in the quote i snipped out posted earlier. If you were not retarded you would have noticed how i said it "shifted" on previous pages and all over crypto.. for years. I had said many many times it USED to be a few days before the end of the month back when BTC was in between $50 & $100 Since i said it shifted.. guys trying to get ahead start on the dumping ? A race to dump first ? I did not make this topic yesterday fraud scammer mouth piece. I have been saying it for years.. So YES i did say "it" And yes i am right and yes you agreed with me idiot LOL Thanks for supporting me Investard ETH scammer ahahahhaha |
