Where have i heard that before? Oh right here. About 40 times in the last 10 months.
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Well, my thoghts on that, there is no new kapital flowing in. Just kapital leaving aktually. If had not heard of btc and would now some how hear about it, definately it wont be something where I would invest in, seeing it has gone down for 8 month or so (aside from that, I would likley not even hear about bitcoin as "normel" media isn't talking about it). I guess (from experiance of the last uptrend), as soon as we have reached the point where the price reaches a bottom with the current traders/capital and are slowly recovering, then we are much more likly to get mainstream media talking about bitcoins and new capital will be much more interested in investing in it. The mainstream buys when something is has bean goin up (unfortunately normaly creating a buble) and sells wehn it has been goin down for a while. From my experiance in trading I have learned, never buy when the price has already gone up quite a bit and dont sell when it has already gone down a lot, which is why I am holding. I might be wrong. Could be that we have already reached the bottom, but I see a good cahnce that we will see much lower prices befor a uptrend accurs. *Note: This is not meant to be a trading advice, this only implys my personal oppinion. My oppinion might be wrong. Protip: the public are never buying at this stage of a cycle - ever. A lot of coins have been sold in this decline, ergo a lot of coins have been bought, too. The big players will give the price a decent push upwards when the time is right and start another bull run. Bitcoins are getting easier and easier to obtain. Until then, it's accumulation time. Big players. Bull run. Blah blah. You keep repeating this. Day after day. Do you have any evidence that this is the case. Anything??
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Seems like we have hit a resisdens at 330-340. Still, have the feeling we are still going to see much lower prices. Personaly I think it would be best if price crashes to 200-230, i doubt that price would fall much lower then that...and then, from there on the next uptrend could start. It was same last year, price went down, down and down untill a crash to around 60$, then it turned into a uptrend. Anyways, I am holding my btc, no matter what...to risky to sell now, even though I belive we are far from the rock bottom This is a myth that many here keep using. "We need to go down to $xxx before we can go up again". Just another delusion.
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Much ado about nothing, BTC $ 20 down today and ltc a whooping 19 cents
Only 20 bucks down. Nothing to worry about. Tomorrow only 10 and the day after only 15. Nothing going on here. Just put your head in the sand. Everything is fine.
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dumper not done yet Nobody expected anything else right?
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Again i don't get all the panic and stress. This is what you traders wanted. Month after month you dumped on every price rise to make your 50 bucks profit... Many 5 to 20-dollar profits, day after day, multiplied by number of bitcoin. It's a living My guess is that less than 5% of the traders make decent profit.
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Again i don't get all the panic and stress. This is what you traders wanted. Month after month you dumped on every price rise to make your 50 bucks profit. All the way till where we are now. And now you're shitting your pants because the price stopped going up. And the most idiotic part is the minute we go up you will do it all over again. Until you scared away every single buyer. And then you wonder why the market won't go up anymore.
Really, stop crying. You wanted this. I can't read this shit anymore. Traders are the cancer of Bitcoin.
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What a suprise. The dumpers don't give a shit about the trendlines.
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On the other side of things.. Why would whales (traders) leave BTC market? There is a huge amount of money to be made in BTC so why leave.
They aren't leaving, just selling now to buy more later. Source? Other than your hopes, delusions and fantasies? I thought this is a speculation thread. If you're looking for sources here you are definitely lost in the wrong section. If you are posting facts than i like to see a source. Maybe stop acting like this are facts?
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The lower it goes the higher its going to go in the long run
~ This manipulation will soon come to an end ~
Source? For both claims please.
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On the other side of things.. Why would whales (traders) leave BTC market? There is a huge amount of money to be made in BTC so why leave.
They aren't leaving, just selling now to buy more later. Source? Other than your hopes, delusions and fantasies?
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All in. Have faith in the 340 double bottom forming since April.
no reason to have faith in it. it happened in April. now we are in October. if the market will go down further it will go down. Exactly. All these points mean very little in a market like we are experiencing currently. Dumpers aren't just gonna stop suddenly because of whatever happened in april.
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All in. Have faith in the 340 double bottom forming since April.
Good luck. You will need it.
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So cheap coins are now or should I wait for even cheaper prices?
Why would these dumpers stop here? They will go on till Bitcoin is completely worthless. I don't have a problem with cheap coins. PS: The multi month downtrend isn't manipulated/manufactured, it's because there isn't enough buying to counteract the supply. How do you know Blitz? Because manipulation doesn't exist in this market. In his fantasy world.
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china retesting 2100 yuan
If that battle looks like a bloodbath to you wait to see the resistance at 2000. These round numbers are important psychologically. if China breaks 2000 yuan line we can easily be going into $200 territory (which btw I don't believe will happen). So i'm boldly predicting $325 ($305 BTC-E) as a temporary bottom for at least a few days/weeks. Why would this big dumper/dumpers stop now? Because he is afraid to break a trendline? I have a feeling he doesn't give a shit. And there clearly aren't enough buyers for the coins that get dumped. I see no reason why the downtrend will stop there.
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So cheap coins are now or should I wait for even cheaper prices?
Why would these dumpers stop here? They will go on till Bitcoin is completely worthless.
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this price is so crazy, right after all the good news ? maybe this is actually good news, and make ppl interested to invest in bitcoin. hmmm maybe No. why? Why? Does anything about this crash down look like good news to you? Anything? yes, crash right after cycle enable anyone with cc to buy bitcoin. No. Maybe if there was no crash. No one in his right mind is buying in a market that goes down daily. Anything else?
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this price is so crazy, right after all the good news ? maybe this is actually good news, and make ppl interested to invest in bitcoin. hmmm maybe No. why? Why? Does anything about this crash down look like good news to you? Anything?
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Well i think we are in some kind of pyramid. ... We can only stop this by not selling shit. So people that are under us will not sell etc etc.
Absolutely. No one sells, supply approaches 0. Price skyrockets. We've been over this. Let's do it already! The question is how much money do those dumpers have left? I mean those that started this whole dump at $400. They have lots of money on exchange now. They are likely buying off exchange like crazy and then simply need to buy back to drive the price upwards at a suitably engineered bottom. But how low? Delusional.
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Is double bottom bullish or bearish?
Does it matter the second bottom is lower or higher than the first?
Neither. It's worthless.
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