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Author Topic: The panic selling has begun  (Read 5640 times)
kwukduck (OP)
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August 08, 2015, 12:19:42 PM
 #1

This is going to be an interesting day don't you guys think?
What do you think caused this sudden panic?

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OmegaStarScream
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August 08, 2015, 12:21:09 PM
 #2

This is going to be an interesting day don't you guys think?
What do you think caused this sudden panic?

What panic selling , what gave you the idea that people are selling suddenly and paniking Shocked
looking at preev.com price seem pretty stable near 280$ and there is no changes , and we was at 285$ so there isn't much going on IMO

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ANdr0id
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August 08, 2015, 12:26:54 PM
 #3

Been between $277 and that for the last two weeks. Peak was at $293.
It will rise not fall.  Angry
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August 08, 2015, 12:30:43 PM
 #4

Nah, the real panic selling should start in about a month, this is just a prelude. Cheesy

Sometimes, if it looks too bullish, it's actually bearish
richardsNY
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August 08, 2015, 12:33:09 PM
 #5

Don't think it will go under $270 on finex. If it does then we'll have $250 as absolute bottom.
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August 08, 2015, 12:44:39 PM
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lol, you are waiting all day for something like this to happen and then open a thread saying dumping started. nothing happened.
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August 08, 2015, 12:45:32 PM
 #7

Nah, the real panic selling should start in about a month, this is just a prelude. Cheesy

You have totally lost your objectivity..shame.
kwukduck (OP)
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August 08, 2015, 01:53:34 PM
 #8

Don't think it will go under $270 on finex. If it does then we'll have $250 as absolute bottom.

Let's wait and see. There seems to be quite some force behind this. Orderbooks are shifting rapidly, clear indication of panic if you ask me.

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August 08, 2015, 01:58:48 PM
 #9

I think it's a mixture of news, the Karpeles thing, the Bitifinex thing (not sure what happened), the Brainwallet hack, the Bitlicense thing (even tho this is not really a problem, business just move to other places).
Greendragon
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August 08, 2015, 02:04:28 PM
 #10

Would love to scoop some cheap coins again at 220 (srs..)
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August 08, 2015, 02:10:31 PM
 #11

Would love to scoop some cheap coins again at 220 (srs..)
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August 08, 2015, 02:20:15 PM
 #12

Back to the 220-240 range it seems, that's okay
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August 08, 2015, 02:49:10 PM
 #13

Back to the 220-240 range it seems, that's okay

Sure! I love buying a few more coins in that range  Smiley
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August 08, 2015, 03:00:21 PM
 #14

Back to the 220-240 range it seems, that's okay


Sure! I love buying a few more coins in that range  Smiley
If price back to the 220-240 again, i think will hard to bitcoin price up again. I hope halving will help much to make bitcoin price up but i hope will up before halving at least before end of this year
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August 08, 2015, 03:02:20 PM
 #15

The price has breached a minor technical support because someone sold 10,000 coins. We are now 10 dollars lower and still 50 dollars higher than May 2015.

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August 08, 2015, 09:06:48 PM
 #16

First thing that got on my mind when I saw a huge Ethereum dump was, someone sold all the ethers that were stuck since the IPO and then cashed out into FIAT.
I don't know does this make sense but this was my first thought.
tonycamp
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August 08, 2015, 09:08:47 PM
 #17

yes i noticed that was more suply of bitcoins than the demand and people are turnign a bit to fiat soo a bit lower the prices this week

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kwukduck (OP)
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August 08, 2015, 11:18:37 PM
 #18

I predict we will fall under 240 before Monday.

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August 08, 2015, 11:23:09 PM
 #19

I predict we will fall under 240 before Monday.


Todays open $279.03

Todays high $279.21

Todays low $259.46

And its gone.
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August 08, 2015, 11:25:44 PM
 #20

Fake or real wall we got on finex?
1,000 plus coins, looks like a solid wall, but who knows, it might get eaten away or pulled.


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