Bitcoin Forum

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Not surprising at all, especially since the news about the possible fork and XT..

Not surprising at all, especially since the news about the possible fork and XT..

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Well in May I wrote in several Economics -> Speculation threads that BTC would rise from the low $200s to $315, then it would crash back down to eventually below $150 (and probably to double-digits) no later than sometime after October.

I reiterated these points over the past weeks in the Economics -> Speculation -> PnF and Economics -> Speculation -> Free Money threads. Even a few hours before the crash I reiterated these points again that everyone should have been short since $315.

The bottom in the BTC price will come in Spring 2016, and it will be back below $100, perhaps even below $50.

After that, we will start a new bull market that will make investors rich.

If you weren't dumb, you'd learn to stop ignoring me. You'd be clicking my Profile and reading all my archive of posts.

But you are dumb and lazy, so you won't do that. And so you will remain ignorant. And I sort of like that, don't you?

The price crash has happened because there have been several rumors about bitcoin about to be banned in New york exchange, etc. Also there have been dumpings by whales, transactions worth 25 million or maybe more. The bitcoin market has accustomed such crashes and its no big deal now, Its an awesome time to invest and I am in talks with an influential individual to purchase coins with me ;)

Strange how we keep hearing that as the price of bitcoin continues to go lower and lower.

Goes well with "this the bottom, buy now its the end of cheap coins"

I think we'll <$100 sooner or later.

Yes it may go to double digits soon because bitcoin prices are controlled by any government or big institution. So insiders can do all these manipulations

Not surprising at all, especially since the news about the possible fork and XT..

But past happenings do not guarantee future happenings... You may have been right once, twice or even more times, but this does not mean you will be right this time.. ;)

Not surprising at all, especially since the news about the possible fork and XT..

I noticed quite a big drop. It's honestly quite disappointing as we're back to where we were from the small rise we saw about a month ago.

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Bitcoin is back up 32 dollars since that low. Im guessing someone with a lot of leverage panick sold a lto of coins, and the blocksize fight is having a toll on the exchanges as well. Simply hold and relax, the storm will be over by next year. Time to pick up cheap coins.

if for every bad news bitcoin crash like that, this thing will never skyrocket, imagines if when bitcoin is almost fully adopted, a bad news about another fork like this will be announced

it would be a serious disaster for everyone, this market is too fragile

I guess it was just temporary, we do not know when bitcoin will rise again

I've always been correct on BTC price in terms of the major moves. I was even correct in early 2013 when at $10 I gave my thumbs up to going all in.

Well in May I wrote in several Economics -> Speculation threads that BTC would rise from the low $200s to $315, then it would crash back down to eventually below $150 (and probably to double-digits) no later than sometime after October.

I reiterated these points over the past weeks in the Economics -> Speculation -> PnF and Economics -> Speculation -> Free Money threads. Even a few hours before the crash I reiterated these points again that everyone should have been short since $315.

The bottom in the BTC price will come in Spring 2016, and it will be back below $100, perhaps even below $50.

After that, we will start a new bull market that will make investors rich.

If you weren't dumb, you'd learn to stop ignoring me. You'd be clicking my Profile and reading all my archive of posts.

But you are dumb and lazy, so you won't do that. And so you will remain ignorant. And I sort of like that, don't you?

And last but certainly not least, sue your mother and fuck her too, because she brought your dumb ass into this world.  :P

(that is if you think you should abrogate your responsibility and sue anyone for the market price movements of BTC)

Everyone should have been short since $315 which is what I said first. And I should have stuck to that. Predicting the short-term moves is going to get you stopped out and you'll miss the entire decline. Everyone who did not short at $315 has already lost the decline to $254.

As more people capitulate to the reality that it is better to be short than long that is what drives the extreme low.

This bounce back up is one more gift to go short before it is too late. Again the "Only the Date is Unknown". I don't know how far up the price will reach before crashing again or the timing. Volatility will increase.

The "End of Government" can mean many things. It can mean we still have governments exerting totalitarianism with the chaos of loss of rule of law (i.e. rampant corruption in government). Again study my upthread review of the decades long chaotic collapse of the Western Roman empire.

The government won't entirely disappear any time soon. You'll wish they would. In Rome it got so bad that the people just abandoned their land because the government was so oppressive. Later there was no government in Rome and only cows grazing in the city. But first the totalitarianism.

Nearly everyone who has argued with me has ended up eating their words later.

You confuse ego with leadership. I am very cordial with people, but leaders don't lead into mud just so they can placate the stragglers and losers.

I give you the readers a "heads up" that your bullishness is the sign that the bottom has not been reached yet. The bottom comes when you the bullish fools finally in desperation go short. Then the smart money covers their short position, you fools are bankrupted, and the next bull market starts.

You are the one who is throwing your ignorance around and hurting readers.

I hope that bitcoin developers won't go full retard mode. And price will go back on a good track again.
I am sad because I did not sell some more btc just before that crash because I am short on FIAT now.
And I refuse to sell anything under $300. It is not worth it. I would rather hold forever to the grave.

The fork issue has put some pressure on the market and orders got out in a  rally. I'm in it for the long run so will buy a bit on the dips and see where this goes.

In market economy, you can expect in BTC market things like that  ;) Price go up and down all the time  ;D

i think bitcoin will go up again in a few weeks, at least i hope so, also there will be halving after some time so it might grow after that too

hmm.. btc is continuesly going down..  i think what i have said before is showing off near... goodluck to us guys.

I`m looking at Kraken and Bitstamp and there is big support at 190 € ~ 225$ so dont panic yet, but it seems to me that this bickering between devs just wont turn out good.

I just hope they will start raising the block size and then leave this topic alone, bitcoin has suffered enough already.

If the price is dropping just buy

Yes, too much uncertainty, people don't know what to do! All they can see are endless threads of going back and forth between the core and the XT people. Bitcoin is pretty weak right now, I have to admit.

I also think that this is a real test that will show us is Bitcoin up to be a next big thing. Any exchange problem in the last 2 years for example wasn't as big as this XT thing, for a simple reason, this is about Bitcoin fundamentals. That's what worries people.

Bitcoin price crashed into $180 last february if im not mistaken and goes up again..I'm sure price will go up again. I dont know bout is xt. What i know is that's the reason why the price fall down. xt must eliminate.

Heavily manipulated market. Lots of newbie selling low into strong hands. In order for Bitcoin to prove to the world how resilient it is we need to head into the low $200's - perhaps lower. Then rebound with great strength to around $2000. Anyone who sold or made fun of Bitcoin in 2014 will look like a fool. This same exact thing happened in during the bubble/crash of 2011-2012