Stop listening to Shroomkit, he's just a troll who changes to bull-tard to bear whenever he buys or sells.
"This guy", oh yeah because it's just one guy dumping coins right? lmao
Stop crying. Crying? I am in fiat since a long time ago and I'm shorting whenever I can.
What would I cry about exactly? lmao V2 Which is exactly why you're one of those bitcoiners that could give 2 shits what the price is or what it is doing. Don't you non-holders fkn get that? |
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And before anyone wonders, this of course is me  I would  Whenever I see an Empowering post I see this face  Total off-topic comment, but I think William Dafoe would have played a better Joker than Heath Ledger in The Dark Knight. But that's just like, my opinion... |
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Are there still people here who think the dumper(s) is doing anything else than just trying to kill the market?
If so, please show me something that will convince me this is not the case.
If a gvt or bank wants to kill BTC it is easier to do so by pumping to death an alt and make it No1. Or no? I think a government or bank can do it way easier than this. I don't think that's what happening here. I have no clue who else would do this and why. It's just that i can't find another plausible explanation for this kind of market behaviour. Maybe our mod who kept crying how there is no manipulation can explain it to us. Well, here's another thought. If anyone, I mean any Joe Public buyer, bought bitcoin in the year 2014 and needed to sell to get fiat back, he sold at some kind of loss. Whether that loss is big or small. Unless you bought bitcoin on the exact dates of 4/9, 9/29, or today, right now your bitcoin is worth less than when you bought it. FOR THE WHOLE FKN YEAR. Talk about depressing... this market is like the gold market has been for the last 2 years straight. So I think people are actually selling for a loss because they have no choice, or really need the money. I mean, it's been almost a whole year of downturn. |
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And it just keeps dropping, lol.. |
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Good lord, are we ever going to find the fkn bottom of this market? Or just continue to slide $10/week ad infinum?
Unbelievable this crap.
Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.
It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.
I love bitcoin , too. But I have 0 bitcoins right now.[/b] The bolded part of your statement is exactly why YOU could give 2 shits what the bitcoin price does right now. So my question wasn't directed to people like you. It was directed to those who purchased bitcoin in the year 2014 and have held. I am wondering when this fkn bear market is going to end. It has been longer than any other bear market in bitcoin's entire 5-year history. |
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Good lord, are we ever going to find the fkn bottom of this market? Or just continue to slide $10/week ad infinum?
Unbelievable this crap.
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Whenever the market stops on some completely arbitrary price like $385 and fixes there, with no market activity whatsoever, I know we are close to another random dump.
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Same question I have BitChick. It really seems as if more is going on here than just a whale with a lot of coins selling. Someone seems to have an endless supply of coins and is actively trying to suppress a market that would naturally rise if not for the massive sell walls. If they are trying to destroy market confidence, I say it's likely working so far.
Remove those walls, and I guarantee that we'd be at 500+ in 2 weeks, and with rising volume.
But no... don't even so much as breathe the word 'manipulation' on these sub, lest you get completely ridiculed and called a tinfoil hat wearer. Even though the whales' intentions are so obvious an 8-year old could figure it out with the data.
Right. So how exactly is this different from $32 to $2 in 2011? If we're subject to "manipulation" now, we most certainly were manipulated back then. If we were manipulated back then, how exactly did that work out for the manipulator / Bitcoin in general? tl;dr People need to relax. Price goes up, price goes down. Sometimes the latter takes longer than the former. It's different because that 2011 bubble was massively overbought compared to the number of users at the time, and the extent of the sell off was over after about 5-6 months. This last 2013 bubble I don't believe was massively overbought. But the downturn has been going on for 10 months straight (coming up on a full year soon), and the manipulation of the market downward is STILL going on, as well as ongoing suppression. Doesn't make sense for it to last this long, unless someone has massive incentive (as well as coins/funds) to continue to suppress it further. And btw NO FAKE BAD NEWS NEEDED. |
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He left out the 2k walls that the guy put up to stall the rally. Every time the price dipped below the next 5USD level, he moved his walls down. With no evidence, I have always believed the guy killed off either a bubble or a rise to a "normal" level of 800USD. Instead, we have seriously damaged the reputation of btc by crashing down to the 300's.
Edit: I see no reason to read /r/bitcoinmarkets. Short trolls and book talking dominate the subreddit. This thread has several of the major whales in it (please don't delete my post again, you know it is true) and I am entertained reading what they say about price changes. Aren't the whales worried at all about the fact that these dumps are causing some people to seriously give up and walk away from Bitcoin? I would think that they would hope, at some point, for the price to rise. If more buyers just walk away with no intention to return the whales could just be shooting themselves in their own foot with these dumps. I can understand their desire to use their stash of coins to make more, but they can manipulate the market at a higher point later just by giving the market some "breathing room" and letting it rise. But what do I know?  Just a small holder here. Same question I have BitChick. It really seems as if more is going on here than just a whale with a lot of coins selling. Someone seems to have an endless supply of coins and is actively trying to suppress a market that would naturally rise if not for the massive sell walls. If they are trying to destroy market confidence, I say it's likely working so far. Remove those walls, and I guarantee that we'd be at 500+ in 2 weeks, and with rising volume. But no... don't even so much as breathe the word 'manipulation' on these sub, lest you get completely ridiculed and called a tinfoil hat wearer. Even though the whales' intentions are so obvious an 8-year old could figure it out with the data. |
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When DOGE is going down, people think that its a badly-designed joke meme coin that had its fun, but soon will be completely dead. When DOGE is going up, people start thinking that it actually has a shot to eclipse Bitcoin and completely take over the financial world someday.  Personally I don't think it will completely die (you can thank Coblee for resurrecting it from the dead with LTC AuxPOW, God only knows why he bothered). But I don't think it will get far beyond a niche group of enthusiasts either. The same can be said for hundreds of other alts, they'll still be around too. |
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<tinfoilhat-theory>
The financial Powers-that-be tried bad fake press (eg China ban, Russia ban, etc.), but that wasn't doing enough. So now they've decided to spend a few million $$ just to buy bitcoin otc and periodically dump. If they can create a long enough bear market (one so long that has NEVER before been seen in bitcoin's history), they can completely crush market confidence, ridicule bitcoin completely by making it a laughing stock within the financial community, and set back bitcoin's progress by at least a few years, maybe more.
</tinfoilhat-theory>
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Awesome buying.
Now make sure to all dump at once soon to take your 100 bucks profit and then come here and wonder why the price keeps going down.
Yes, why shouldn't I? Because it would make you look stupid? I do not understand your attitude. You complain about dumpers suppressing the price and taking profit, but you want the price to increase for your own profit. It is a zero-sum game! Without traders selling now and buying back at a loss later, and other poor strategies, there would be no excess profits for you to take, either  . Dont mind him, hes just retarded. You just have to ignore user like him. So you guys want to ignore someone who's simply saying that there is still no mass public buying, no real public demand, thus no real volume? That this is just another whale PnD? That we haven't even achieved enough demand/buying pressure to even solidly break 400 yet? Ok... resume posting silly rockets, trains, or whatever. |
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Who is going to buy coinbase / circle / bitpay first?
paypal + coinbase within 6 months is my guess..maybe sooner nah it's going to be bitpay not coinbase, coinbase will get bought by BofA No, if Coinbase gets bought by a financial institution, the public will never use them again. |
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Cheap Bitcoin eh? Everyone will hate it if it still continue to drop..
Yep, OP has stupid logic for wanting to see $20 coins again. There's something that you are forgetting here, it's called 'market confidence'. For example: If Facebook's stock fell from $79/share (today) to say $3/share in 10 months, investor confidence in Facebook as a company would be completely shattered. NO ONE would be buying Facebook shares at $3. NO ONE. Except maybe you OP. And there you'd be sitting, with your huge pile of $3 shares that you'd never be able to sell back to anyone, or even for a profit of any kind. No one would care about Facebook any more as an investment, and they would move on to something else. If the bitcoin price went to $30 or even $20, it would probably take a full 5+ years to recover to where we are today. Or maybe never. Is that what you are hoping for OP? But... but... you cry, the bitcoin market went from $30 --> $2 in 2011, and it eventually recovered! Yes, but market confidence was so shattered that it took nearly 2 years to recover from that. So 2 years from now, will the OP still even have the bitcoin that he bought today? Somehow I highly doubt it. |
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Don't forget the probability that some of those commenters are paid trolls. I truly believe that the media war against bitcoin has only just begun, and certain powers-that-be are have incentive to hold back bitcoin's progress while mindshare is still small and easily swayed/managed. However, they won't be able to do this forever. |
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I am consistently astonished at the lack of understanding of the Bitcoin ecosystem and markets in general from users who have stuck through many cycles, and others who claim and otherwise air a general sense of economic learning. Case: There are only a few large price swings that I cannot relate to any external event, in China or in the West. In particular, I still have no explanation for the rally that lifted the price from ~450$ to ~650$ between May/20 and Jun/10. But my guess is that it, too, was related to Chinese events and affected mostly the demand in China.
In my mind, the price movement in May from $420 to $680 is an Occam's Razor, the easiest event to explain of all the past year. In April The Mt. Gox implosion had just happened, and after that the market completely bottomed out for 4 weeks straight. It was a completely dead market, with no trading activity at all. Forum participation had fallen to an all time low. People were saying that bitcoin was dead, and that the price might even fall further. But it didn't at that time. So after 4 weeks sliding along at ~$420, at that time it was EVERYONE'S opinion, including the market makers, that the bottom had been found and that the only way to go from there was UP. Thus the sudden rush for major money sitting on the sidelines to get back into the market for what they perceived at that time as likely the lowest price level of the year. People thought that in just a few months from then (by June/July, maybe August at the latest) we would probably have another ATH. Of course now in hindsight, we see that it didn't turn out that way. And when it didn't happen when people thought it would, of course the market eventually corrected back down again. This brings us to where we are today. It's such an obvious common sense explanation, I'm not sure why supposed 'smart' people like JorgeStolfi can't grasp this. Edit: Also if you go back and look at the charts, you'll see that this same "mini-rally failed" pattern happened at the tail of the 2011 bubble as well. It is an observed and well known market phenomena in other speculative markets. |
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and the dumps come right on time, come on..atleast get down to the old bottom bears.
not that I didn't expect dumps on circle going live, its been sell any news since China bans.
More good news to crash the price further! Dump it into the ground, yay! I hope Amazon announces adoption soon, so everyone can get those $50 coins they've been wanting. Hell I hope the FED announces switching to bitcoin from USD, so it'll go to 0. LMAO. It's just like real gold! I know, right? But... but... it'll bounce to a new ATH any day now, right? Right? Because it ALWAYS bounces back from 10 straight months of massive dumping.... right guyz??? |
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and the dumps come right on time, come on..atleast get down to the old bottom bears.
not that I didn't expect dumps on circle going live, its been sell any news since China bans.
More good news to crash the price further! Dump it into the ground, yay! I hope Amazon announces adoption soon, so everyone can get those $50 coins they've been wanting. Hell I hope the FED announces switching to bitcoin from USD, so it'll go to 0. |
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I'm sure that panic buying will ensue because of this announcement.... right ghuyz? Right? Any minute now...
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