It seems like almost any of us can get tempted into selling a bunch of BTC when the price is dropping so fast..

When it is happening, it seems like no bottom, and after about the third or fourth leg down, you can become so fucking tempted to sell - and that frequently can end up being the bottom.

But, yep, could be that the bottom is in.. .  I hope so.  Probably we need to wait for 20 more hours or so, just to be clear that all of the dumpers have had their dumping go at it... and to ensure we are actually done with the dumping, this time around.

Currently, i do have a sense that the dumping is not over, yet.. but what do I know?   

That is like one of the only true and accurate things in this bitcoinlandia.

I have been ladder buying since about $10700 and all the way down to here.        I must be doing something wrong.    

I gots me more BTCs but less moneyes.   

If you think about the USD/BTC trade volume on various exchanges between December and February, we had quite a few days, just in USD/BTC trading that was well over 100k btc in just one day... and w had some exchanges that were approaching 100k BTC  daily individually.  Spread that out over a week, a month, or three months, and you have stupendous BTC trade volume that can easily absorb that number of coins with hardly a burb.

That's what she said.

That's right.  You heard it here first.   

Yeah a lot of sudden downward movement in a very short period of time.

I believe that we still likely have decent buying support at $8k and $7,500; however I suspect that there would not be a lot of buying support between about $5k and $7,500 - in the event that support does not hold in the lower $8k or the mid $7ks.

In other words, I have decent doubts that $6k would hold another time once we start to get back into the $6k price territory, if such were to happen.



Of course, we cannot be surprised by large price drops FUD spreading because this is bitcoin.




Bcash seems to be yesterdays news and losing influence.

But there are at least a few areas besides merely taking advantage of momentum..



I am a bit too chicken shit to wait for $2k increments to buy back in, so I buy back in tighter increments around $350, these days.


This may be  a shaking of the ICO and altcoin parasites as Marcus Augustus mentioned a few weeks ago.  There may be a more decent market incentive to shake some the altcoin and ICO trash.

That is not true.

It might happen, but you are overly emphasizing the thread or even the impact of 160k coins hitting the BTC market.  BTC can easily absorb 160k coins if there is not some of the other FUD going on including.. just FUDsters taking advantage of downward momentum to see if they can get weak hands like you to sell.

I don't know what to think.

I did spend part of today restructuring several of my BTC buy orders in seemingly realistic possible ways between $8700 and $3,500, just in case.

My BTC sell orders are largely in place - and they go up to what feels like embarrassingly high levels that are NOT likely to fill any time soon - even though they had seemed like they were with a range of decently probable in mid-December... now those sell orders are all just dangling up there, reminding me in a kind of "stratospheric" area.

You should be even more persona non grata than yours truly.   

Hahahahahahha

I'm glad a newbie like yourself has found such an important theme in this thread that inspires you to engage your keyboard with such substantive and deep insight.  

I captured a little video of your reaction to ur selfie:




 



Or maybe that was jojo on that above video?

If we [edited out] ......

 


.......... would anyone have ANY FUCKING clue regarding to whom you are referring?



I think :
















NOT!!!!!!!!!!!!!!

It could be ironic that someone might expect a name-reference to be understood - but if you type a person and expect them to understand something your typing of them, then you say, based on the type, that you expect them to understand x.   Likely that says more about the possible error in the type that you have created in your head rather than the person who does not "get" the reference off the top of his/her head.  In other words, seems like the type created in the head is wrong, no?

On the other hand, sometimes a person might be following a certain school of thought, such as marxism for example, but never heard of Karl Marx - only heard of Groucho Marx... Go Figure.

I agree that aTriz should just release the script, but he need not release it publicly.

The script can be released to some mutually agreed to party such as Ibminer or RGBKey, or someone else with technical knowledge... both ibminer and RGBKey have already been agreed to by alia at one point in time or another, but in the end, it is likely that you cannot trust alia to stick with her word, anyhow, so fuck alia.. .

In other words,  if either Ibminer nor RGBKey wants to review the script, then someone else with technical knowledge and trustworthiness can be agreed to whether alia agrees or not... this is not about alia, and the script is a seeming central evidentiary issue in the aTriz actions matter (alia seems to have already sunk herself beyond redemption, even if the script seems to be all things that she claims it to be) - and whether alia choses to dox aTriz or not, that does not seem like something that aTriz or anyone else here can really control from a seemingly untrustworthy turd-like behavior already happening from alia who has already made such irrational, amorphous, seemingly exaggerated and ridiculous doxing threats on a few occasions.

Oh yes.  You should be taken seriously, and you likely are an "expert" or at least in the ballpark of one at understanding reality through the intertubes and the personas that you insightfully assess therein.  My avatar shows signs of crazy, too, right? 

Anyhow, yep I am totally agreeing that you seem to have an above average grasp of the whole situation, and perhaps you are a doctor in real life, just like you have a real good grasp on the BTC price "probably will" go to $3k.

Get the fuck out of here with that seemingly working system.    angry face means annoyed, and lots of them means extremely annoyed.   

fair enough...   I am just going to ignore the whole situation if I don't get any better clue - otherwise maybe 5 years from now, someone will say something that causes me to become enlightened....  perhaps?

Oh no you are not retarded because you have been able to spot a typo..   Good job.  Very goo job.  You are smart, real smart, real real real smart           
      - on the inside.    

I would need more of a reference than that in order to understand that puzzling response.