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Author Topic: Prepare for a collapse...  (Read 3896 times)
Silent Sam (OP)
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June 12, 2016, 09:14:50 PM
Last edit: June 12, 2016, 09:51:02 PM by Silent Sam
Merited by Sk_Ezaz (10)
 #1

Because whenever I buy bitcoin, it always decides to plummet.

Bought $800 worth of btc couple minutes ago from coinbase @ $674
Bet I will have around $600 once the payment clears.

I am being optimistic, but this has always happened. I mean, every god damn time.

podyx
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June 12, 2016, 09:16:19 PM
 #2

It's possible it's retracing and you could get a better entry. Or this b will just keep going
gentlemand
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June 12, 2016, 09:18:00 PM
 #3

I think everyone seems to feel that way. You can't ALL be right. No doubt there's going to be dip and it'll bring out all the usual creeps. Depends on how far away that dip is. It might be a long way yet.
Frost
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June 12, 2016, 09:30:32 PM
 #4

I hold like crazy... price doesn't matter to me at the moment, the future does matter however.
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June 12, 2016, 09:33:38 PM
 #5

A collapse? Don't think so, but a 100$ correction is possible...

Sometimes, if it looks too bullish, it's actually bearish
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June 12, 2016, 09:38:33 PM
 #6

Id highly suspect a dip throughout the week, probably starting either tonight or by tomorrow morning and slowly dwindling down throughout the week and then next weekend probably back on to another pump.

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June 12, 2016, 09:41:38 PM
 #7

It's looking a little topply already but that's no surprise. We're going to have a few weeks of strangeness ahead in all sorts of directions.
Chris!
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June 12, 2016, 09:48:11 PM
 #8

I wouldn't count on a collapse. The price isn't just skyrocketing to the moon, it's just been a great bull market. The halving hasn't happened yet so keep buying while you can!
1Referee
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June 12, 2016, 09:51:34 PM
 #9

It's normal that a good dump happens while we go up with great speed. Traders will use this opportunity to take profits in order to not lose out if the price happens to go down again. Keep holding strong. It looks like this bull run has definitely not ended yet as we have plenty more days till the halving takes place.
ImHash
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June 12, 2016, 10:04:08 PM
 #10

not a collapse though but it appears the price is changing towards up rather down, and all thanks to halving I hope it keeps maintaining
Upwards for next 10 years at least Smiley
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June 12, 2016, 11:45:21 PM
 #11

when the price has risen high, people want to see the collapse, but when prices are low, they do not dare to buy as much lol

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oblivi
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June 12, 2016, 11:47:17 PM
 #12

Honestly, you sound like an insecure, newbie trader.

It's possible that it corrects right when you buy, and you sell, and it starts going back up.

So have some balls and hold long term. Don't search instant gratification.
Cyaren
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June 13, 2016, 12:10:40 AM
 #13

Because whenever I buy bitcoin, it always decides to plummet.

Bought $800 worth of btc couple minutes ago from coinbase @ $674
Bet I will have around $600 once the payment clears.

I am being optimistic, but this has always happened. I mean, every god damn time.

Lol, RIP you. But seriously the market doesn't depend on your buys and sells, instead it's based on people's thought sand actions, supply and demand. With the upcoming halving this is going to be interesting.

We could see what happens after the payment clears...
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June 13, 2016, 12:29:31 AM
 #14

it always do that too when i get to buy some altcoins,  so its not just you that experienced it. Often times I feel like withdrawing my money because of it but i get used to it.
it will rise back later after all halving isn't happening yet.

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Cybertron00
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June 13, 2016, 12:34:52 AM
 #15

Well Ill just watch and see, and get a popcorn while watching. I think it wont be happening soon for now, a collapse will not happen for about 2weeks since its price is goin up and up.
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June 13, 2016, 01:02:03 AM
 #16

Anything is possible, OP. For sure, there will be more swings in price in both directions up and down. If you are long, then there is nothing else to do except sit back and enjoy the ride. You can also have some fiat ready to buy more bitcoin if/when the price does go down significantly.

If you are short, well... I don't know what to tell ya. Prepare for a collapse - an upward collapse.
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June 13, 2016, 01:21:42 AM
 #17

Because whenever I buy bitcoin, it always decides to plummet.

Bought $800 worth of btc couple minutes ago from coinbase @ $674
Bet I will have around $600 once the payment clears.

I am being optimistic, but this has always happened. I mean, every god damn time.
I think you'll be ok this time Grin something tells me this rally is not through yet. I always do instant buys though because it's safer, faster and easier. Set that up if you can.
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June 13, 2016, 01:36:37 AM
 #18

Because whenever I buy bitcoin, it always decides to plummet.

Bought $800 worth of btc couple minutes ago from coinbase @ $674
Bet I will have around $600 once the payment clears.

I am being optimistic, but this has always happened. I mean, every god damn time.
I think you'll be ok this time Grin something tells me this rally is not through yet. I always do instant buys though because it's safer, faster and easier. Set that up if you can.

but i think it will not happen for this month since halving is yet many days to count to be happen and surely we can see more price rally for this month theirs no doubt that people will still buying these days since it has positive trust to people to see good rally on bitcoin price today and im pretty speculating that big crash will be happen in july after halving occurs but hoping for this not to be happen or if it really happens i want to see 500$ price down and stable for bitcoin price.

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June 13, 2016, 01:42:12 AM
 #19

Because whenever I buy bitcoin, it always decides to plummet.

Bought $800 worth of btc couple minutes ago from coinbase @ $674
Bet I will have around $600 once the payment clears.

I am being optimistic, but this has always happened. I mean, every god damn time.

Why would you only have $600 of BTC once the payment clears?

In the US at least, Coinbase charges a fee of 1%.

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June 13, 2016, 01:50:57 AM
 #20

I dont think bitcoin will collapse this month or even the whole year of 2016.. even i  realy realy want to exchange  my btc into fiat right now,im still holding for the price increase,,when it reach 800 then thats the time i will exchange my btc.
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