fun fact:
after the last big run-up&crash in nov. 2013 it took 14 months to fall even below prior ath. and that was including the mtgox desaster.
this time around it took not 620 weeks but only 1 week. (without any goxlike desater)
someone is trying to ruin trust in bitcoin BIGTIME
We all know from the very beginning this will happen on regular basis. After China many other countries will follow. But that won't stop bitcoin. It didn't stop it in the past. It will not stop it in the future. Just another buying opportunity!
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ETH is back on right way to get more stronger position after that disaster I bought some at low price and very happy to it's increasing. I think will be back on $15 before end of this month.
ETHF is a broken coin. Without support of banks it will go below ICO price. Banks don't want competition. That is why they will keep it broken.
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Leveraged long doubled almost at the bottom.
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This was not just a sell off. This was a demonstration. This was done to impress. That is why I'm not impressed. I've leveraged long again!
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I made good profit buying bitcoins during last dump. I'll do it again. Thanks for the cheap coins.
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They want to get cheap as this year for going to see real applied in industry of this token.
The only industry ETHF will be applied in is banking. Banks just want to be confident they can fork whenever they like. VB is heavily dependent on bank funding to defend the price of eth fork.
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It looks like the market was moving faster than I calculated and already completed A and we are now in B, possibly already after the top of it. If the B scenario will become true, I expect to go sideways for the next 4 - 7 days, and then correct 30%, to about 660$ on western exchanges.
It looks like there is a sea behind that mountain or there isn't. Great prediction, tzupy. As always.
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I called this rise being china manipulated and made ~10BTC by shorting the top (risking less than 0.8BTC), if you did any better, feel free to share your success.
I made much, much more BTC in profit by longing every local bottom. It is without any risk because can hold this long position indefinitely.
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If etherum start pos also coin in etherum smart contract start pos?
If VB's fork starts pos all miners will switch to classic ethereum.
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This is a good time to buy now.
There is no bad time to buy bitcoin. Time is always good. Just don't use margin trading. Buy small amounts. Buy regularly. And let the whales eat their own vomit.
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Support broken. Looks like we are in the middle of the second leg down of A.
Critical support broken, confirms we were in the middle. Bottom should be around 5000 CNY. China won't drop right now, so either the last small part of the dump is truncated, or delayed for several hours. 5000 CNY would have been a bear's wet dream. I never margin trade, but this is a moment I would expect some smart types to go long. You still think we have further to go down? I am not criticising - given your recent prescience, I am asking. Quite likely to go further down, but not right now. Go long only for scalping. At last the Chinese dumped (as usually, started at 3.45 am my time, while I was asleep), probably completed the second leg down of A. This took too long and almost made me believe it was truncated. If I am right and the third leg down is to come, resistance moved to about 6300 CNY. I am expecting a small bounce into that resistance, and sideways for two days, then the third leg down. Someone trading on OKCoin must have read my "resistance at 6300 CNY", because it stopped at 6299 CNY. This correction should bounce from support, and then retest support tomorrow morning. Sometimes, if it looks too bearish, it's actually bullish.
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seriously though - i've been out of the loop for months. has the scaling stuff, bitcoin core v. classic, etc etc, seriously not been solved?
Yes, it is solved. Classic, Unlimited etc etc.. all bitcoin alts are dead.
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We better get our fucking shit together and make this shit fucking work. The scaling issue MUST be solved, one way or another. Core needs to get on board or they need to get kicked the FUCK out.
There is NO scaling issue. Bitcoin is working fine and everything is great.
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Quick question. How many etc did the foundation get and how many was sold?
They have no interest in genuine ethereum. They have already sold all ETHC they had.
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When do we expect the next ETHF dump? Is it time for some leveraged ETHF sell and ETHC buy?
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tzupy is the new masterluc
Who is tzupy? Never heard about him. tzupy is the clown that is shorting bitcoin every day since bitcoin was $200. Craig Wright have now only 995000 BTC for shorting. He miserably failed to prove it.
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It's gonna be a long year.... <sigh>
We will still be > $1500 by years end though
We shall be >$1500 by the end of next month! By the end of the year we shall be >$6000. Bitcoin will attract so many new people from all over the world that governments will coordinate their efforts and shut down Internet completely for 24 hours in an attempt to disrupt bitcoin mining. Diversify your portfolio between bitcoin, gold and silver!
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tzupy is the new masterluc
Who is tzupy? Never heard about him. tzupy is the clown that is shorting bitcoin every day since bitcoin was $200.
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Lol. Good thing I have no bitcoins in an exchange. If I had some I'd sell em all. That was scary, y'know. Better start transferring just in case... You'd better stay away from exchanges! Such moves indicate that at least one major exchange is in trouble and is playing "va banque".
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Just another example of someone "dumbing" their bitcoins... Now dumpber can't buy their bitcoins back at the level they sold out. The result: expect $1150 within 48 hours!
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