Bitcoin Forum

After recent talks with big investors and recent market movements I think it's safe to say we are looking at an incoming new big crash with lower lows.
Investors have given up hope on bit coin because one of its main promises was broken. Remember how bit coin would be resistent to somebody changing the rules?  Recent XT drama has shown us but coin cannot live up to that. Investors are cashing out and moving to superior crypto.
Market is feeling enormous selling pressure and is at a panic point.
Brace yourself for a steep downhill ride!

if it happens i wont be too upset,instead ill just buy more bitcoin. actually kinda hoping it happens now.  ;D

Exactly, tired of seeing users spamming bearish posts everywhere.

It's the spamming that annoys me. There are some really insightful bears on Bitcointalk - I find them interesting even when I'm disagreeing with them. Same applies for some bulls. It's the OMG-Sky-is-falling-sell-now posts (or the bullish equivalents) with no reasoning, no evidence, no discussion that I find pointless. Too much noise, not enough signal.

The bull troll thought police want to censor anything that contradicts their pie in the sky fantasies.

It's not that, i'm neither a bull or a bear, I just enjoy reading insightfull opinions on price developments. And that is becoming harder and harder.

So what superior crypto are you pumping?

Perhaps this one?

https://bitcointalk.org/index.php?topic=448221.0

Your threads are getting boring. You are presenting it like it is something new and big, while you are only stating facts that have been around for ages...

I don't think that the price will crash in the upcoming days, there is a stable support at the $200 floor.

Uh huh.

You had talks with big investors? Spare me the details please. ;)
Big investors are investing in bitcoin for long term profits. They are not short sighted to care about small day-to-day volatility.

I have hacked the CCTV surrounding his flophouse. It's all true. Right now the Winklevii limo is idling outside while they suckle on his wisdom and several hedge fund managers are scratching at the windows wailing about being permitted to sit in his presence.

These threads I am beginning to find tedious myself to be honest. These "the-sky-is-falling" posts I see over and over I respond simply by saying that blockchain and Bitcoin are new technologies just being implemented now and has many potential applications. The technical discussion around Bitcoin will clear up and whatever comes out of that heated discussion there may be a recession, but over time, Bitcoin will bounce back. The technology is to valuable.

I posted several very accurate forecasts, forecasting the current weekend drop. Nearly spot on with everything. One of them got deleted as a "sky is falling" post. Sorry bulls don't like to be told it's going to go down, but my post(accurate, and insightful) was deleted because "muh fear".

All of a sudden:
1. A bunch of posts saying it's about to drop./
2. Bulls panic, have no insight to offer as to a counter argument. Hand wave off the reasoned predictions as "sky is falling" with nothing of substance to offer in rebuttal or refutation.
3. Bulls censor posts in head in the sand denial
4. Market proves all the bearish posts CORRECT and the bulls WRONG.

Maybe did you think when a bunch of posts pop up ALL SAYING WERE NEAR A LOCALIZED PLATEAU, maybe it's because they all read the same things in the charts? And maybe just because you don't UNDERSTAND their insights, doesn't mean there isn't any(evidenced by: you were wrong and we were/are being proven correct by you know, like actual empirical data, unlike bulltard thought police emotional drama).

Ok, so can I just handwave off this post as "the sky is rising"? You literally have nothing here but opinion. Why is your opinion so important but actual data-supported analysis is hand waved off? It's called bulltardedness. The bulltard police have too much power on this site.

Mr Duck just preaches pointless doom 24/7 no matter what's occurring. That's a rather different thing than calling out market moves which is what you've been up to. Dunno why anyone would want to delete that.

Which big investors do you speak of?  What market movements?  The fact that bitcoin has been ~$230 for the past year?  What is this main promise you speak of?  The ability for the individual to control their own money?  I think not.

Looks to me on the weekly chart that we're going to be in a sideways channel for a while.

I don't expect a hard crash at all. And if there will be a downward spiral in the comming weeks I'll use it to day trade if the volume is decent enough. Either way, enough possibilities to make profit.  ;)

We will either bounce here or visit 210.

If down to 210 there will be NO long squeeze we will bottom there. In case of a long squeeze (seems like many bulls opened x5 and x10 longs at Bitstamp via btc.sx) we will break 200 like butter, probably to the 125-135 area.

I don't think we will bounce here because the resistance up to 246 is INSANE.

I don't think a hard crash will happen although price can under 200$ for very short time and then to be over 200$ again just in hours.I am looking at long term results as still Bitcoin is too young to expect something big from it.No worries it will be in range of 230$ with little bit ups and downs.

Kwuckduck is one of the biggest Bitcoin losers out there; he sold at $10. He's still pissed about that, he missed the golden train.
Thats why he's making all this fud posts. I never seen a ''legendary'' member posting so much crap, it's better to remove him ore strip his fake status from him.


Which investors? You mean those from last week who moved $40+ million in the ecosystem?

I'm well prepared for crash to 200$ or even 180$. BUT, despite all the bad news I don't think Bitcoin would see less than 150$ this year. Market is strong enough to hold coins price over 150$ even in the worst case scenario.

I am prepared for hard crash to grab some BTC's if this happens as there is forecast since end of July but didn't take place yet.If somehow prices hit 180$ my order will get filled easily.But sincerely I don't see it happening.

BTCitcoin is most Superior coin than any other at the moment no coin can take place by adoption or acceptance so it is like dreaming with open eyes for this kind of hard crash it would never happen because it more stable than ever.

I think we will see even at 135$ soon all those who are not accepting and understanding the charts they will repent.They need to learn about market indicators and should be ready to buy some Bitcoins at low prices as this is going to happen very soon.I personally am waiting for that crash and have arranged some money for this to fill my orders.

I am also well prepared for this hard crash if that would happen than i will buy more coins at cheap price, in fact it is looking much hard to go price under $200.

these are the same people who were calling for everyone to hold at $800, at $500, at $400, and now.  I've seen people insist they will hold even if price went to $0.  Now should these people be given ANY attention when saying these things?  No.

I agree, we have a LOT of room still to drop, and a lot of reason why we should drop.  Long term (maybe in a year from now?) things might brighten up, but the near term looks like were still in the downtrend.

Real question these people should ask themselves is not 'Why should BTC fall?' but 'Why should BTC rise?'.

If they have any brains left they would understand that after all it's said and done all these years, BTC has failed if we expect it to rally to 300 (lmao) due to Shitlevi ETF or halving (LMAO) or whatever stupid reason they may find.

I was a true BTC bull, I expected exponential growth, BTC is failed if it won't achieve this because this was what brought the other rallies in the first place.

Oh fuck it, I have so many things to say but it just does not worth it...

i have always low buy orders open just in case a flash crash happens. it worked well for me at btc-e with its most recent flash crash. you just need a lot patience.

Aren't you that guy who sold his coins for $10?

So I should take a permanent loss by selling instead of having patience? Instead of (now) waiting till less than 300 to break even? I can't wait to get more financial advice from you.

There is not any patent  parameter to predict any upcoming rise or drop in prices of Bitcoin.All are analysis which present always different indicators some of them come true and some don't.There is not any hard crash in near future be sure of this.20+/- is not major change.Have patience and let the Bitcoin to evolute and only time will tell where it goes.Ex.I am reading for months that Bitcoin is about to crash and didn't happen yet and same some people said it will reach to 1m $ nor this happened till today.

Whether or not he sold early doesn't matter.

He's right, lots of the "benefits" of btc are not exactly what people (including myself) originally thought.  Not to mention there is stiff competition coming from mobile apps that essentially can do money transfers safer, and easier than using btc.  All the benefits are slowing becoming just the norm for other payment platforms.

The only people it really "benefits" are criminals who use things like ransomeware, and can demand payment in btc, so that there is no risk of chargebacks.

I was being sarcastic about financial advice. Sure, that could happen, which is why you don't invest more than you can afford to lose. It's worth the risk for a potentially huge reward. All that is going on in the bitcoin infrastructure and all the VC money is enough for me not too worry. I see you're a troll anyway...2 posts.

The titanic is an irrelevant analogy.

Hard crash for what so funny when people are talking like that bitcoin is going to crash, it doesn't make sense it would crash just people thinking like that :P bitcoin has more bigger community and support than any other crypto currency and it is stable at $220-$240.

For me I made my investment years ago, and it did me okay.  It's not a butterfly/fling thing.  I'm in a relationship with BTC (not wishing too sound weird), and will stick with it through thick and thin, even if that means $0, as dollars are not what I respect.

In fact I had a $100 bill that was given to me as part of a minor repayment several months ago, and I asked an American friend "do you want this?" because to me it looks like monopoly money.  He took it of course, but really I felt no loss.  I just asked that if he valued it then pay me back in nachos/beer/burritos or local food.  We shook hands on that, but if he had failed to come though, I still would have felt no loss at all.  Just glad I could convert into something material.

everything will crash,btc just a little,but stock market will really experience hard crash,btc will be traded low prices,that is all
crash will be when blockchain will stop to work from various reasons

Exactly one of the problems of bit coin.  It's a pain in the * to get something real for it because regular people that don't have relationships with virtual money realize it's worthless in real life.

I wish people would use it when they buy from my modest online company.  Visa/Mastercard/PayPal are nasty from a vendor side of the deal.

Just a matter of time.