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And the FUD trolls (i.e., 1% daily traders that holded back the price for 2-3 days) are rekt again. Bulltime!
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This dip as well as November 30%-ish dip were started by Ver and his sockpuppets selling BTC for usd and then usd for bcash. Both campains were explicitly stated by Ver in his tweets explaining how Bitcoin Core was "stolen" from bcash and he will sell all his bitcoins for bcash. They didn't learn the lesson from November that hammering BTC will hammer even harder bcash price. After the downward trend was started the pannic sellers continued to deepen the dip until their cheap BTC were swallowed by the whales waiting to start the next bull run.
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Maybe because its This time of the year we make a small game Just to call 24777$ (CET) the one with the day of breaking This price wins .25 BTC
The list Will be Made after This post So When a date is taking iT cannot been taken again
When the winning date is exactly in the middle of 2 each Will get .25
Oterwhise closest to the winning date wins
15.Jan.2018 |
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Time for the next ATH game  I say 29. Dec. 2017. After series of ATH's BTC will reach 25K on 15.Jan.2018 before the next dip. |
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In our country we have a saying: Every miracle for 3 days. In the crypto world it translates: every pump for 3 days. This is again the case with bcash, which is by no means the biggest pump in history. Looking at the chart of bcash in poloniex, one can see that the previous pump reached briefly 0.4 BTC and then suddenly dropped. From what I've read, some cool guy dumped on bithumb almost to 0 all his bcash. In such cases this exchange has the rule to turn off the servers so that it preserves the funds of Jihan, Ver and his sockpuppets. This move prevented other exchanges from going to 0 also. Anyway, the dump was inevitable. It will happen each time Ver is trying to overtake BTC. Why? Because nobody trusts a coin manipulated by a fraudster and his sockpuppets. I think no one will sleep well if trying to hold bcash. There are too many risks involved. What if Ver dies, or spends his last BTC in the belief that his sockpuppets will continue to pump it? No one can see a bright future in such shady shit coin. |
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Most of the traders are too emotional to make a real profit. The only way to prevent the bankruptcy is to learn to hodl. The usual scenario is like this:
1. Buy Bitcoin.
2. Bitcoin doesn't rise.
3. Some altcoin rises 50-100-300---% in 2-3 days.
4. What to do, what to do.. Ok let's sell the bitcoins with 10-30% loss.
5. Now let's buy altcoins 1,2, 3,...
6. Yupee, they rise 10%! I'm rich!
7. Oh, no!! They lose 10-20% in several minutes! I can't sell because the exchange is broken!
8. Finally, exchange is working. I'll wait to get back where I bought it.
9. Oh, no! Alts lose another 50-80%!!!
10. Ok, let's sell now!
11. Look, Bitcoin is 20% above the last ATH and 50% above I sold it!
12. I'll wait for the big crash to buy it again. In the meantime I will spread FUD in the forum.
13. Finally, Bitcoin is 10% less than the previous ATH but 100% above where I sold it!
14. Let's buy now.
14. Oh, no! Bitcoin is down 10% again. Go to step 3. Rinse and repeat.
Balance at the end of the year:0
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The meme and word "HODL" came from a misspelling of "hold" posted in a whiskey fueled rant four years ago this month in 2013 on BitcoinTalk. Sellers were panic selling as the market crashed from $900 to $700. HODL was good advice. https://twitter.com/brucefenton/status/940205591951179776 |
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Looking at the charts now:  |
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Whoaa, what a big green dildo!!! Clearly, the futures just started. Any link to watch what is going on?
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Yea, I was surprised nobody was freaking out over a $3 billion govt dump. It will likely be auctioned off like all other confiscations, but still, who the fuck wants to buy $3 billion of imaginary bitcoins using wealth that took generations to acquire? Especially when you have things like bitcoin cash and all these other forks going on. It's not longer safe to pretend there's only one chain. You could be buying $3 billion of invalid chain lol. A hedge fund can buy those coins from the bulgarian state and dump it selling contracts for shorts at CME, then apllying 10x leverage to win the bet and buy back the coins at a low price. There is a lot of talks in the news about Bitcoin lately in Bulgaria. The officials said in the news that no one has the right to confiscate the 200K Bitcoins. But they are "locked and tainted" (whatever that means) as evidence of criminal activity. The top private television also aired an extensive documentary about Bitcoin, cryptocurencies, mining farms (mostly around hydro electric centrals) and exchange activity in the country. The Bitcoin frenzy lead the banks to ban all transactions to all domestic and foreign crypto exchanges. Of course, they can't ban the online banking offered by various services, so it is not a big deal. |
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- Traders who sell 10% lower than the last ATH - desperately need cash to buy something.
- Traders who sell 15% lower than the last ATH - stupid.
- Traders who sell 20% lower than the last ATH - very stupid.
- Traders who sell 25% lower than the last ATH - morons/imbeciles.
- Traders who sell 30% lower than the last ATH - drunk morons/imbeciles.
- Traders who sell 35% lower than the last ATH - drugged morons/imbeciles.
- Traders who sell 40% lower than the last ATH - last stage of drugged morons/imbeciles.
That's why we didn't see this year -45% from the ATH. FYI, after all of the recent drops the price recovered in hours/3 days tops.
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Based on this older post https://www.reddit.com/r/Bitcoin/comments/7fe0ax/rumor_hedge_fund_whales_to_buy_this_weekend_to/?sort=new and some newer tweeter/slack/telegram posts, it seems that some hedge whales were testing bitcoin price on coinbase in both directions (-20% to +20%) in 24 hours. They calculated how much $/ BTC is needed to spend to reach certain % at the end of each working day (on the average of coinbase, gemini, kraken and bitstamp). Let's hope we will not see 4 digit price next weak and BTC will overcome these wallstreet noobs! |
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That must be the most laughable dip I’ve ever seen. Pathetic.
it takes longer to log in @kraken than those dips last.  Besides Kraken as always was trailing in euro 4-5% behind. I wonder if the euro sellers are illiterate and not able to calculate usd/eur rate or just too rich to care.  |
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BullFinex 5K BTC bought in 5 mins!!!! 8K BTC in 15 mins! |
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BTC In the meantime: 
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