kelsey
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August 19, 2015, 09:35:27 AM |
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i don't think its been dumped hard...............yet  seriously though i don't think the dump was about the fork debate/war but more someone or group, trying to panic the market for quick profits, as it was triggered too instantly. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Hopalong
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August 19, 2015, 10:02:42 AM |
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i don't think its been dumped hard...............yet seriously though i don't think the dump was about the fork debate/war but more someone or group, trying to panic the market for quick profits, as it was triggered too instantly. The price is now at what you would expect it to be without the Greek hype. Seeing the price development for the past year we are spot on target with a price ranging from 220 to 250. I think we have to wait a few days to see if there is a panic or just a correction. |
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BornBlazed
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August 19, 2015, 10:12:26 AM |
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Catch the Falling knife I dares ya!  |
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unamis76
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August 19, 2015, 10:15:47 AM |
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Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.
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wizardee
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August 19, 2015, 10:19:20 AM |
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Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.
not hard? 40k btc dump to 162$….if this not hard? what is hard for you? https://cryptowatch.de/bitfinex/btcusd/1hr |
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Lauda
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Terminated.
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August 19, 2015, 10:21:31 AM |
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This is what happens when we start involving politics and forcing updates with a 'fork'. I knew that nothing really good could have come out of this. The news articles about investors panicking were somewhat right. Let's just hope that Bitcoin can overcome this and become stronger than ever.
Also, this thread is in the wrong section.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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acquafredda
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August 19, 2015, 10:22:18 AM |
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Everything was dumped and rebuyed in minutes.
Lots of people craving for cheap coins.
This is only the beginning.
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Eodguy149
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August 19, 2015, 10:24:12 AM |
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Everything was dumped and rebuyed in minutes.
Lots of people craving for cheap coins.
This is only the beginning.
Gotta love that flash crash, I wish I was able to pick up more cheap coins! The recovery was pretty quick back up to $230~ Do you mean the beginning of more dumps? |
"Initial Success or Total Failure"
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Eodguy149
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August 19, 2015, 10:27:14 AM |
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Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.
not hard? 40k btc dump to 162$….if this not hard? what is hard for you? https://cryptowatch.de/bitfinex/btcusd/1hrLooking at the charts it's starting to feel like the good old days with $70 swings in minutes. The past six months have been a period of new-found stability in the Bitcoin market, stability is not the norm for Bitcoin at all. With more institutional traders getting involved it almost makes me wonder if we'll be able to see another bubble with how quick traders are to take profit during rallies. |
"Initial Success or Total Failure"
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medUSA
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--Signature Designs-- http://bit.ly/1Pjbx77
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August 19, 2015, 10:31:33 AM |
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This is what happens when we start involving politics and forcing updates with a 'fork'. I knew that nothing really good could have come out of this. The news articles about investors panicking were somewhat right.
I believe you are right. The actual forking does little harm, it's the politics that worries investors. If I am an investor, I would sit on the sideline and wait this one out. Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.
I do not want to admit it, but the drop from $255 to $225 was quite "hard". Last time price fell like that was in March/April. |
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mattiadeabtc
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★YoBit.Net★ 200+ Coins Exchange & Dice
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August 19, 2015, 11:58:45 AM |
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It s a dirty Job but someone have to do it.
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knolix
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MeVu
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August 19, 2015, 12:20:49 PM |
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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? 1BTC today will be less tomorow if the fork happens |
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Sourgummies
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August 19, 2015, 12:24:32 PM |
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Its pretty gross how easy it is to manipulate.
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johnyj
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Beyond Imagination
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August 19, 2015, 12:31:03 PM |
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Pre-fork coins worth much more than after-fork coins
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--Encrypted--
Copper Member
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hee-ho.
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August 19, 2015, 01:56:22 PM |
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I thought something like this would happen, just not so soon.
most investor don't care to learn the truth about the block size debate, they only care about their pockets, give them one reason that bitcoin might be dead in the next few months and they'll move to something more safe.
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Mickeyb
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August 19, 2015, 02:25:29 PM |
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I thought something like this would happen, just not so soon.
most investor don't care to learn the truth about the block size debate, they only care about their pockets, give them one reason that bitcoin might be dead in the next few months and they'll move to something more safe.
Yes, this was really early. I couldn't believe how low we have dipped on Bitfinex when I woke up. I mean close to 50,000 coins. This was some scared investor that doesn't understand the block size debate very well. Now, since this has happened so early, I am afraid that this leaves us vulnerable for more of the dumps like this until the uncertainty about this block size mess doesn't get sorted. |
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traderbit
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August 19, 2015, 02:30:10 PM |
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With the prospect of a hard fork and this lack of consensus , I think it's safe to say that we will see a lot of negative pressure in price
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Alley
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August 19, 2015, 02:40:06 PM |
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It sucks that such a small amount of btc can crash the price so hard. It was only a 10k sell on finex and that triggered all the margin calls. Bitcoin still has a long way to go. Just think how the market would react to a 10k sell at $5,000 per coin?
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acquafredda
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Activity: 1316
Merit: 1481
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August 19, 2015, 02:52:47 PM |
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Everything was dumped and rebuyed in minutes.
Lots of people craving for cheap coins.
This is only the beginning.
Gotta love that flash crash, I wish I was able to pick up more cheap coins! The recovery was pretty quick back up to $230~ Do you mean the beginning of more dumps? The beginning of more fun to come. I don't like leaving money on exchanges: this is why a lost this turn. I have to find a way to be quick in these occasions. It could have been a good way to buy cheap. |
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amiryaqot
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August 19, 2015, 02:56:32 PM |
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It sucks that such a small amount of btc can crash the price so hard. It was only a 10k sell on finex and that triggered all the margin calls. Bitcoin still has a long way to go. Just think how the market would react to a 10k sell at $5,000 per coin?
Yes that is like that but this is just of profit when it dumped so hard so when we look at charts price is acting like this a big rise happen and start moving to up and after reaching at high point than it moving down again that strategy is repeating from few last months so better hold and never sell in panic. |
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