SELLL!!!!!!!!! TESTED 2X AT 10200 = CRASH!!!!!!

[sjefdeklerk]

Because people like THE Bitcoin.

Haha, great argument. I wish you all the luck in the world with your position then.

Sarcasm? It's easier to come up with an explanation that you can observe, than to deny market movement.

Anyways, I don't hold any Bitcoin but rather have all my money in some tiny alts down the bottom of the chart, but this is the Bitcoin forum.

Ok let me explain market movement then: people have been dreaming about some alternative to the banking system, they feel cheated upon by their governments, using inflation against them, banks that defaulted causing them to lose all their money etc. And then there was BTC, a coin that promised to be the solution to all that. People went crazy about it without actually knowing about the weaknesses of the coin that made it unsuitable as a payment system. Everybody was in fear of missing out, that combo drove prices up to insane heights.

Now fear is an interesting emotion, it can both drive things up as down. When prices are not going up every day again and people are actually losing money every day, then fear can become a driver the other way around. Combine that with the realization that BTC failed as a payment system and that it can NEVER replace traditional banking, because of all its weaknesses and that can become a very powerful driver downwards.

That's why I'm expecting a full reversal to the june/july 2017 levels of around $2500

[jadenunderhill]

Why make posts like this?
Caps lock, using words to emphasize a lot...
It's not your money, if you invest a lot and if you are in fear, sell and get out

If BTC fall to 1.00, no problem

This guy made a topic "I lost $300K" two days ago. But deleted it in 20 minutes. May be he's gone mad because of that)

[rdluffy]

Why make posts like this?
Caps lock, using words to emphasize a lot...
It's not your money, if you invest a lot and if you are in fear, sell and get out

If BTC fall to 1.00, no problem

This guy made a topic "I lost $300K" two days ago. But deleted it in 20 minutes. May be he's gone mad because of that)

Oh, now I can understand, thanks

To OP, relax man, if you lose a lot of money just get a job and recover that
Or you can just spend your time doing something better than spread FUD

It's not the first and not the last crash, people tend to forgot and get used to only green on criptos...there are red days...
And if you are so scared like this, talk with the old ones here in Bitcointalk and listen what they reccomend in times like this

[potpockets]

Someone should open a betting post to see how much btc can drop.

[sjefdeklerk]

Someone should open a betting post to see how much btc can drop.

Here you go: https://www.betfair.com/exchange/plus/financial-bets/market/1.138600891

[Enjel]

Because people like THE Bitcoin.

Haha, great argument. I wish you all the luck in the world with your position then.

Sarcasm? It's easier to come up with an explanation that you can observe, than to deny market movement.

Anyways, I don't hold any Bitcoin but rather have all my money in some tiny alts down the bottom of the chart, but this is the Bitcoin forum.

Ok let me explain market movement then: people have been dreaming about some alternative to the banking system, they feel cheated upon by their governments, using inflation against them, banks that defaulted causing them to lose all their money etc. And then there was BTC, a coin that promised to be the solution to all that. People went crazy about it without actually knowing about the weaknesses of the coin that made it unsuitable as a payment system. Everybody was in fear of missing out, that combo drove prices up to insane heights.

Now fear is an interesting emotion, it can both drive things up as down. When prices are not going up every day again and people are actually losing money every day, then fear can become a driver the other way around. Combine that with the realization that BTC failed as a payment system and that it can NEVER replace traditional banking, because of all its weaknesses and that can become a very powerful driver downwards.

That's why I'm expecting a full reversal to the june/july 2017 levels of around $2500

Well, I never got in because of an alternative to a banking system.. that would be XRP.

In my opinion, people just got in because of speculation, and speculating on the most well-known coin, which is still Bitcoin (even my friends who are new to investing talk mainly about Bitcoin - I'm telling them to wait a few weeks to see what the market does, of course).

I agree with the FOMO and fear though.

As for $2500, that's pretty massive, since it would mean a ton of people would quit, and that very few would replace them in the market, which is contradictory to the increasing number of adopters.


Anyways, it doesn't matter what people say... we'll see what happens.

[vladimir21]

Why make posts like this?
Caps lock, using words to emphasize a lot...
It's not your money, if you invest a lot and if you are in fear, sell and get out

If BTC fall to 1.00, no problem

This guy made a topic "I lost $300K" two days ago. But deleted it in 20 minutes. May be he's gone mad because of that)

This is hilarious!! I didnt make any topic about me losing 300k, nice manipulative behavior. Your scheme to lure newbies into buying so you can sell wont work..!!!

Because im warning them, sell now until you can!!!

[pinkman12345]

I agree with OP at 80%, I am sure we gonna see a rip off time soon. Unfortunately i have no access to bitcoins now, hope BTC is around 10k when i reach home after 18th.

[Idrisu]

IT HAS BEEN TESTED TWICE AT 10200 THIRD/FOURTH TEST WILL RESULT IT TO GO TO AROUND 7K THIS CRASH WILL BE EVEN BIGGER AND FASTER. THE SUPPORT WALLS ARE ALMOST DEAD!!!!!!!!!!

Of a truth I am very surprised about the current dropped as I bought around  $14,867. My thoughts was bit coin is not going to go down more than  $10,000 but I just see now that it has fallen below $9,000. We should have sold at lose but I am thinking to hold further and hope that before December this year we can get back on our feat. Another surport level that I am hoping for was $7,000 surport area and I think bitcoin may not fall to that level before recovery.

[rdluffy]

Why make posts like this?
Caps lock, using words to emphasize a lot...
It's not your money, if you invest a lot and if you are in fear, sell and get out

If BTC fall to 1.00, no problem

This guy made a topic "I lost $300K" two days ago. But deleted it in 20 minutes. May be he's gone mad because of that)

This is hilarious!! I didnt make any topic about me losing 300k, nice manipulative behavior. Your scheme to lure newbies into buying so you can sell wont work..!!!

Because im warning them, sell now until you can!!!

If you did't lose, good for you, we don't need advices ok
You are seeing things man, no one try to lure anyone, you have serious problems

[The_Real_Punisher]

Good sign when threads like this coming up. I´ll await "Bitcoin is dead" threads in the next few days. Then you know we´ll go up very soon 

[Enjel]

Masterluc predicted $9000 at least a day ago, and possibly followed up with another wave of panic-sells to bring it under that, and a recovery to 10k+ USD afterwards.

We'll see. It's easy to panic and give in to emotions beforehand.

[rdluffy]

BTC has died 236 times

https://99bitcoins.com/obituary-stats/

[jadenunderhill]

Why make posts like this?
Caps lock, using words to emphasize a lot...
It's not your money, if you invest a lot and if you are in fear, sell and get out

If BTC fall to 1.00, no problem

This guy made a topic "I lost $300K" two days ago. But deleted it in 20 minutes. May be he's gone mad because of that)

This is hilarious!! I didnt make any topic about me losing 300k, nice manipulative behavior. Your scheme to lure newbies into buying so you can sell wont work..!!!

Because im warning them, sell now until you can!!!

You are a funny bot )

Yes, I didn't make a screenshot of your post about 300K. Next time i will)

 But be sure your attempts will fail. In a month BTC will be 15K or more.

[Enjel]

Why make posts like this?
Caps lock, using words to emphasize a lot...
It's not your money, if you invest a lot and if you are in fear, sell and get out

If BTC fall to 1.00, no problem

This guy made a topic "I lost $300K" two days ago. But deleted it in 20 minutes. May be he's gone mad because of that)

This is hilarious!! I didnt make any topic about me losing 300k, nice manipulative behavior. Your scheme to lure newbies into buying so you can sell wont work..!!!

Because im warning them, sell now until you can!!!

You are a funny bot )

Yes, I didn't make a screenshot of your post about 300K. Next time i will)

 But be sure your attempts will fail. In a month BTC will be 15K or more.

In a month? Let's not talk about a month. In 1-2 weeks, Bitcoin will be 10k+ again.