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Author Topic: why bitcoin is dumped so hard?  (Read 2968 times)
fox19891989 (OP)
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August 19, 2015, 05:37:14 AM
 #1

Damn, the price was steady before, but btc is crashing today again, unluckily I didn't dump my bitcoin when it was 300 USD, still have 7-8 bitcoins now, why btc is crashing again???   Huh
slaveforanunnak1
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August 19, 2015, 05:40:30 AM
 #2

Damn, the price was steady before, but btc is crashing today again, unluckily I didn't dump my bitcoin when it was 300 USD, still have 7-8 bitcoins now, why btc is crashing again???   Huh

Fork rumors ? Thanks Gav
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August 19, 2015, 05:44:42 AM
 #3

yeah rumors spread and alot became afraid so they exchange their bitcoins
but lets hope for the best right Smiley

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RustyNomad
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August 19, 2015, 05:57:34 AM
 #4

Not sure but I think many are dropping their holdings until this whole fork debate has been resolved.

I also have quite a large number of coins but I'm holding and buying in little by little. Sometimes the best time to be buying is when there is 'panic' like this going on. Hopefully it will all be resolved next month in the workshop to be held. I believe we will see a correction in price once clear direction has been established. If not then so be it.
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August 19, 2015, 06:06:33 AM
 #5

This Price fluctuation of Bitcoin can continue till the fork in January.  Only after that fork, Bitcoin price can stabilize.
fox19891989 (OP)
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August 19, 2015, 06:08:56 AM
 #6

This Price fluctuation of Bitcoin can continue till the fork in January.  Only after that fork, Bitcoin price can stabilize.

Wow, fork will be in January? That's a long time, so I have time to make more fiat to buy cheap bitcoins now, awesome, haha, I hope bitcoin will be lower so I can buy more bitcoins.  Grin
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August 19, 2015, 06:55:06 AM
 #7

This Price fluctuation of Bitcoin can continue till the fork in January.  Only after that fork, Bitcoin price can stabilize.

Wow, fork will be in January? That's a long time, so I have time to make more fiat to buy cheap bitcoins now, awesome, haha, I hope bitcoin will be lower so I can buy more bitcoins.  Grin

If bitcoin price again go down after you buy, what you do? instead pray for going high and buy now.
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August 19, 2015, 06:59:25 AM
 #8

Damn, the price was steady before, but btc is crashing today again, unluckily I didn't dump my bitcoin when it was 300 USD, still have 7-8 bitcoins now, why btc is crashing again???   Huh

you can not say crashing actully it is not crashing because i have seen this value before and its not bad at all deffinatly not crashing if it go below 100$ then i will say its crashing its value and you can expect a rise in few weeks

forlackofabettername
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August 19, 2015, 06:59:48 AM
 #9

If you forgot to dump early or on top you can still dump your bitcoin for good deals on the LTC/BTC market or another altcoin market of your choice.

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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August 19, 2015, 07:01:38 AM
 #10

Some people panic to sell there bitcoin

Xialla
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August 19, 2015, 07:03:07 AM
 #11

If bitcoin price again go down after you buy, what you do? instead pray for going high and buy now.

uhh it is so simple to answer - of course HODL - what else?

it is not end of the world or some kind of drama. you have to just relax, focus more something else and check price later. and of course that one bitcoin is 1BTC tomorrow or day after. Why is everybody stressing and spreading panic?
OmegaStarScream
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August 19, 2015, 07:07:55 AM
 #12


People in general and investors are afraid to lose their money so they are dumping while they can , I'am not sure what the twin brothers did though they have millions invested in BTC  Huh
That's probably nothing and I guess it will continue going down and down till January 11 when that fork happens . I myself im in panic but I'am trying to hold my self from doing stupid shit , I earned my BTc without any efforts so whatever happens happens I suppose there is nothing we could do about it .
Early adopters will definitly hold because they was present with old forks that happened etc .. and they know how the stuff works .

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Amph
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August 19, 2015, 07:14:42 AM
 #13

This Price fluctuation of Bitcoin can continue till the fork in January.  Only after that fork, Bitcoin price can stabilize.

january, where is the source of this, would you mind writing it ? because i thought it was around 1 march

Some people panic to sell there bitcoin

apparently is very easy to instigate panic selling, well more cheap cons for the other, see this as a donation
forlackofabettername
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August 19, 2015, 07:17:05 AM
 #14

This Price fluctuation of Bitcoin can continue till the fork in January.  Only after that fork, Bitcoin price can stabilize.

january, where is the source of this, would you mind writing it ? because i thought it was around 1 march



It could be much later or never

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
OmegaStarScream
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August 19, 2015, 07:17:31 AM
 #15

This Price fluctuation of Bitcoin can continue till the fork in January.  Only after that fork, Bitcoin price can stabilize.

january, where is the source of this, would you mind writing it ? because i thought it was around 1 march

Some people panic to sell there bitcoin

apparently is very easy to instigate panic selling, well more cheap cons for the other, see this as a donation

Visit http://xtnodes.com/ and put your mouse when you see mine or Look the tooltip on the right on the TOP :


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forlackofabettername
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August 19, 2015, 07:19:00 AM
 #16

So at the very least you have 4 more months with lots of FUD, bad news and no buyers. That could be topped off with a screwed up fork that renders bitcoin completely worthless.

Good luck for ya. Doesn't look good. Shit is on TV too. Your friends gonna give you the looks, that's for sure.

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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August 19, 2015, 07:26:43 AM
 #17

Damn, the price was steady before, but btc is crashing today again, unluckily I didn't dump my bitcoin when it was 300 USD, still have 7-8 bitcoins now, why btc is crashing again???   Huh

Developers muddy the waters, and that the price falls
Amph
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August 19, 2015, 07:38:10 AM
 #18

So at the very least you have 4 more months with lots of FUD, bad news and no buyers. That could be topped off with a screwed up fork that renders bitcoin completely worthless.

Good luck for ya. Doesn't look good. Shit is on TV too. Your friends gonna give you the looks, that's for sure.

i think everyone should simply forget about bitcoin until the halving, then turn back here and you will see a nice surprise, let this whole mess resolve first, ignore bitcoin for the time being

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August 19, 2015, 07:41:26 AM
 #19

Many main media published the "Fork-Story" yesterday - this was basically an announcement of a dump. As always. Shut, just went to bed, checked the price again and saw it down on 161. Could byte my arse didn't stand up to buy some...
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August 19, 2015, 09:32:29 AM
 #20

I like it when the people sell, with any small bump in the road. We getting rid of the speculators and we pick up some cheap coins.
Let them panic, so that we may profit. We have seen this many times before and we will still see it for many years to come. 
This developer war to see who has the biggest support, is just a smoke screen for the real explosion to come in 2016.

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