A week of prices being a bit lower does not implicate a new down trend.. We are just in a correction from overshooting 300 too early.. Just wait another week or two and it will become exciting again.
I doubt it. The hype didn't last long this time and the downward pressure is ginormous. We could even be looking at new lows for this year.
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i can only see a stable price that is approaching 300 with the intention to surpass that floor and be overall solid above it
small swings like those that are happening are normal things for bitcoin, until their entity is only by few dollars there is nothing to worry about
I'm saying slippery slope because that's what it looks like, there's a lot of room for the price to both increase and decrease, it's an extremely small and sensitive market after all. Bitcoins problems are much much bigger than its price. Just look at the upcoming hard fork / chain-split for the blocksize... We'll have two competing chains, instantly doubled all the bitcoins, current holders can double spend, merchant and user adoption will be split and both will talk about the real bitcoin... And that's just one thing of many...
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What I don't like is how 2 new accounts are created 10 minutes after this thread is put up. And they post to support him. Obviously kwuck created these accounts. That shouldn't be allowed.
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Kuckduck has 0% contribution here, spamming fud is his trademark, i suggest to remove him from this forum. Plz mod, dont get scared of his ''fake'' legendary'' status. All that time invested in trolling has zero results, this idiot dont realize that he coud better find a job and buy coins with that rewards. But he cant...hes to ugly and fat to even get hired at the Mac. He got very low iq, he sold his coins for $10, he lost so much money Ohh yhe that anger! You're really showing your true colors here eh? I'm warning people to be very careful, because there is a lot of delusion going on here and people new to bitcoin and new to economics may be influenced by this and make big mistakes with even bigger real life repercussions. It seems to me this can only be called spam and fud by people with a very dirty agenda, right? You and many others may not see me like it, but i'm still a big supporter of the concept of bitcoin. The execution and environment are just... horrible...
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Again... anyone else sees a repetitive pattern here? I'm getting quite annoyed with all the permabulls trying to scam newbies into buying their beanies. Every time the price goes up a tiny bit floods of grandiose predictions come to this forum and the chat. Technically bit coin can only go down, flawed fundamentals, lack of social demand, outdated tech, stagnated development, ruined reputation. I would like to warn people once again, don't lose your money on foolish decisions.
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Yeah it looks pretty grim from here. If we had broken 300 we could have stayed there for a bit and build some resistance. But hope is slowly fading in the community. People are starting to realize it's all a fad and they are holding unbacked VIRTUAL money in their bags. I feel panic selling will soon commenced.
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The reason is simple. I will soon have to sell a double digit amount to pay for certain expenses, which I will later have to buy back. Every single time something like this happens the market moves against me. You are welcome.
More than that, check out the 3 day chart on bitcoin and you'll see the classic cup and handle forming. Maybe it will take just over 2 weeks to play out but expecting us to break $600 someime in next month. You Sir, made my day. I see the delusion is still strong in the community. My job is not done yet. your job is not done yet? what job are you exactly talking about. creating plenty of brand new accounts to spam the forum with ultra bearish nonsense? To warn people of the dangers of investing real money into this fantastical delusion that's being sold to them by scam artists and their false promises of big fortune. I agree that it's easy for crypto to gain value, even in these dying stages of old crypto like bit coin. Fact is it won't last and quickly after any growth would occur you can expect major panic and a huge crash.
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The reason is simple. I will soon have to sell a double digit amount to pay for certain expenses, which I will later have to buy back. Every single time something like this happens the market moves against me. You are welcome.
More than that, check out the 3 day chart on bitcoin and you'll see the classic cup and handle forming. Maybe it will take just over 2 weeks to play out but expecting us to break $600 someime in next month. You Sir, made my day. I see the delusion is still strong in the community. My job is not done yet.
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They will keep hunting every single bit coin holder and user until everyone is too scared to even look at it. Another reason why it's guaranteed to crash.
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People are just slowly waking up and realizing it can only go down.
Still willing to bet a good sum of money on this as before, still no takers. Y U NO BET?! Come on permabulls, free money!
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If anything a big reason bitcoin will completely plummet is because of long time unmet expectations. Many people have invested in bitcoin expecting big ROI. Ever since it's been getting hammered down and down over and over. At one critical point these people will call quits and things will finally collapse. This is why smart people call bitcoin a pyramid/ponzi scheme. Wake up, don't be a bagholder.
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If you are willing to bet a nice sum of money on your bs prediction please send me a pm.
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Nothing left to say but "i told you so"...
These short deep crashes will start to occur more and more, first on btc-e, later they will shift to other exchanges. Just look at the orderbook on btc, even a small dump will hammer the price now. Sellers will want to move to other exchanges, causing demand there to plummet, the cycle repeats.
Don't say i didn't warn you guys about a huge upcoming crash after the last 'rally'.
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Just because they are able to doesn't mean they will. In fact it's most unlikely they will. Smart companies don't get involved in these kind of scams.
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Looks like panic is slowly taking over the market now that people realize the latest run up was just another scam. This day could get much more interesting even.
Dude just give up, we all know you sold all your coins at $10... Stop trying to hurt other people only because you lost money... I'm just warning people for the inevetable and hopte they wake up from their delusions.
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Looks like panic is slowly taking over the market now that people realize the latest run up was just another scam. This day could get much more interesting even.
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Lotsa fun if it did however I see no compelling reason to do so. The next year or two might look a bit boring and shitty while all the problems that were ignored in the early days are addressed. Then it's off into the future IMO.
Sorry what? Nothing is being addressed. In fact development is stagnating more and more.
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+/- $10-20 fluctuations, big whoop. When Bitcoin looses 25% or more of its value in a dump, that's cause for alarm.
It's still dropping. Don't worry, we will hit that -25% within a few days tops.
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I have a feeling this day will be remembered in bitcoin history. Things are going down real fast. I'll say it again. Get out of this fantasy delusion while you haven't lost it all yet.
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