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Author Topic: And so the crash continues...  (Read 2340 times)
kwukduck (OP)
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January 18, 2016, 06:12:03 AM
 #1

Against all hopes of the development team responding to this emergency situation, as expected, it remained all quiet.

Orderboek are shifting again. Selling pressure is increasing and investors and even average Joes are moving their assets into safer more future proof investments like Dash and Ethereum.
Another sad day and week for bitcoin I'm afraid.


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January 18, 2016, 08:38:40 AM
 #2

te price is stable now, i dunno where you see the downtrend anymore, it look stable, if this is not a dead cat bounce, we can expecta  recover to the previous point very quickly

and lol at moving into dash and ethereum when they share the same flaw, since they are a clone of bitcoin(talking about the currency not the platform of ethereum), unless those coins implemented the litecoin fix for the block limit
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January 18, 2016, 08:48:29 AM
 #3

Where is the continuing crash? It's just normal volatility after the heavy panic selling that we have seen. It's nothing special. We will see more of these $10-$20 price swings the comming days. The crash will continue when we see the price go below $350. Then you can create as many threads as you want. Right now there is no crash. We're still in the recovery phase.
bitba.org
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January 18, 2016, 08:50:59 AM
 #4

I see a good support around 350$ . So if break 385 next step will be 400$
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January 18, 2016, 08:52:05 AM
 #5

I don't think it should be called crash since it has been playing around $375 - 380 for today and that's exactly normal since it could be expected to have some increase and decrease plus it's getting back up now and stabling little but little so your interpretation is not correct.
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January 18, 2016, 08:55:06 AM
 #6

Then, after Cryptsy crunch we should be happy about this price  Cool
Indianacoin
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January 18, 2016, 09:01:18 AM
 #7

Lol! You call a $60 downfall a crash to remember?
I would say this is nothing to get afraid of. Its just a slight bump over the long run due to certain downfall of some scams such as, Cryptsy, Bter, Ore-mine etc.
Just wait till the next halving proceedes through and it will start rising tremendously.

I dont understand why pepole get so anxious over such a small crash that they are making decisions to exchange their preferred currency to a more volatile one!
Good luck to them anyways Wink
Loimu
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January 18, 2016, 09:05:55 AM
 #8

Cannot agree with you. Can you show me where the crash continues? Price has been pretty stable at around $380 now.

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January 18, 2016, 09:11:57 AM
 #9

Lol! You call a $60 downfall a crash to remember?
I would say this is nothing to get afraid of. Its just a slight bump over the long run due to certain downfall of some scams such as, Cryptsy, Bter, Ore-mine etc.
Just wait till the next halving proceedes through and it will start rising tremendously.

I dont understand why pepole get so anxious over such a small crash that they are making decisions to exchange their preferred currency to a more volatile one!
Good luck to them anyways Wink

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January 18, 2016, 09:23:49 AM
 #10

People, we ve seen this scenario so many times by now. FUD which creates BTC dump, then the price goes up again in a few weeks and noobs who bough high and sold low lose their money. Dont be stupid, hold on to your coins unless you know how to trade.

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January 18, 2016, 09:40:43 AM
 #11

 Well this seems to be a rather soft and gentle "crash" until now Smiley. Actually I'm surprised how easily the market absorbed those fairly big dumps.
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January 18, 2016, 09:46:41 AM
 #12

Yep the crash upwards continues...only in BTC

UnDerDoG81
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January 18, 2016, 09:59:02 AM
 #13

I wonder what drugs you are on? Really, every day the same crash threads from you. Accept it, you will never get rich with Bitcoin. These times were long ago. Move on and focus on other investments. But stop forcing people to sell here in the forums.
randy8777
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January 18, 2016, 11:19:04 AM
 #14

kwukduck, just stop with this. why you always say a crash is going to happen when you see the price is going down? i want to see you predicting a crash when everything looks just fine. you are the same as cryptocoinsnews. they also say the price wil go down when the price is already going down. when the price goes up, they say we are advancing.... dohhhhh.
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January 18, 2016, 11:42:22 AM
 #15

I see a good support around 350$ . So if break 385 next step will be 400$

Yes, your analysis matches with my predictions. $350 must be a good support and at the same time price is facing a strong resistance from $500. Hopefully it will break $500 this month.

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UnknownUsername
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January 18, 2016, 12:55:46 PM
 #16

kwukduck, just stop with this. why you always say a crash is going to happen when you see the price is going down? i want to see you predicting a crash when everything looks just fine. you are the same as cryptocoinsnews. they also say the price wil go down when the price is already going down. when the price goes up, they say we are advancing.... dohhhhh.

Nope, kwuckduck always says its a crash but when the price goes up, he goes quiet. Yeh, the price is going down and will go down for the next months to come.
NorrisK
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January 18, 2016, 01:45:38 PM
 #17

kwukduck, just stop with this. why you always say a crash is going to happen when you see the price is going down? i want to see you predicting a crash when everything looks just fine. you are the same as cryptocoinsnews. they also say the price wil go down when the price is already going down. when the price goes up, they say we are advancing.... dohhhhh.

Nope, kwuckduck always says its a crash but when the price goes up, he goes quiet. Yeh, the price is going down and will go down for the next months to come.

He is the perfect internet troll. Big mouth when the graphs agree with his doomsday vision.

But once the graphs turn, he is nowhere to be found, because he cannot influence the euphoria of a rising price enough.
BTKC
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January 18, 2016, 02:13:31 PM
 #18

Against all hopes of the development team responding to this emergency situation, as expected, it remained all quiet.

Orderboek are shifting again. Selling pressure is increasing and investors and even average Joes are moving their assets into safer more future proof investments like Dash and Ethereum.
Another sad day and week for bitcoin I'm afraid.



Dash and ethereum rise a bit compared to bitcoin then all the sudden they become the safe haven in crypto?  Huh Don't think so, you gotta think of something better than that  Roll Eyes
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January 18, 2016, 02:20:04 PM
 #19

dash and ethereum will be as always been, an alternative crypto and nothing else. it doesn't matter how much they are trying to advertise them. they can not grow more than this and people are just going to buy and sell them for the temporary rise and falls to earn more bitcoin.

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January 18, 2016, 06:42:04 PM
 #20

I really hope for it to recover soon. It has stabilized at least. Cryptsy will be forgotten soon. In fact, there were warning signals everywhere about it, so it cannot be considered a blow which could not have been avoided. Hearn's letter is hard, but many people weren't listening to him anymore either.

And Bitcoin is still working ok as it is.

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