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Author Topic: BTC Price Crashing!! Sell Sell Sell!!!  (Read 1432 times)
Minecache (OP)
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June 21, 2016, 02:11:26 PM
 #1

Down 13% in the last 24 hours.

Seems my prediction was incorrect and the post-halvening crash* has been brought forward a couple of weeks.

* use the word 'correction' if you are a BTC shill Spoetniktard and find it more palatable.

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June 21, 2016, 02:20:34 PM
 #2

Down 13% in the last 24 hours.

Seems my prediction was incorrect and the post-halvening crash* has been brought forward a couple of weeks.

* use the word 'correction' if you are a BTC shill Spoetniktard and find it more palatable.

Don't Make Waves Smiley
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June 21, 2016, 02:22:37 PM
 #3

Damn, lucky I bought some waves before the price corrects..
Isn't the crash because of bitfinex issues?
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June 21, 2016, 02:27:05 PM
 #4

Damn, lucky I bought some waves before the price corrects..
Isn't the crash because of bitfinex issues?
What are the issues? Not another MtGox?

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June 21, 2016, 02:41:55 PM
 #5

Damn, lucky I bought some waves before the price corrects..
Isn't the crash because of bitfinex issues?

I think both bitfinex and BTC-E got DDoSed and people panicked. Hopefully sensible people were taking profits as the price climbed, and had trailing stops on the rest.

 
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June 21, 2016, 02:44:20 PM
 #6

Isn't the crash because of bitfinex issues?

Bitfinex was down for ~4 hours.

I think both bitfinex and BTC-E got DDoSed and people panicked. Hopefully sensible people were taking profits as the price climbed, and had trailing stops on the rest.

The price on BTC-e dropped to $614.....

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June 21, 2016, 02:46:28 PM
 #7

Btc dropping is just profit taking. It is not strange to see such volatility in the price of bitcoin. I remembered during the early years of bitcoin, the price went down by a lot. People were saying that bitcoin was 'dead'. I don't see any coin replacing bitcoin at the moment so it will continue going up.

     

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spartak_t
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June 21, 2016, 03:15:04 PM
 #8

John McAfee on YT: "Cryptocurrency is coming and you'll never get that idea back in the box."

Source: https://www.youtube.com/watch?v=q2NpIk1QAFw  

The BTC price will recover and I think we're also going to see institutional investors begin moving into the altcoins. Cool Cheesy

Haha, I love this guy. Cheesy

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June 21, 2016, 03:17:44 PM
 #9

it will rise again
raphma
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June 21, 2016, 03:21:09 PM
 #10

if you didnt sell before, dont sell now... it already found a bottom.
Now it's time to buy again.

Damn, lucky I bought some waves before the price corrects..
Isn't the crash because of bitfinex issues?

Well... waves still going down, so.. no difference and actually might be a bad idea.
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June 21, 2016, 03:24:17 PM
 #11

Why we should sell now?
Are you practicing buy high sell low

Lowering price its mean time to buy for me
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June 21, 2016, 03:28:00 PM
 #12

What is the goal, where to go BTC: 600, 500?
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June 21, 2016, 03:30:40 PM
 #13

The downward slide will continue. people just want to fiat out their position now.
sesiah
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June 21, 2016, 03:37:22 PM
 #14

Why we should sell now?
Are you practicing buy high sell low

Lowering price its mean time to buy for me
Absolutely, this is purely the right time for us to buy,
But first, I will wait for the price to stabilise as low as it could
Then I will purchase low and wait for the price to boom again
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June 21, 2016, 04:33:51 PM
 #15

Quote
Down 13% in the last 24 hours.

Seems my prediction was incorrect and the post-halvening crash* has been brought forward a couple of weeks.

* use the word 'correction' if you are a BTC shill Spoetniktard and find it more palatable.

I just checked the top few altcoins in yobit (by trading volume last 24h) and the exchange rate has been increased for 9%-19% which is the right time to sell these altcoins.

Quote
Why we should sell now?
Are you practicing buy high sell low

Lowering price its mean time to buy for me

When bitcoin price gets lowered then the exchange rate of altcoin for example LISK or ETH increases and it's the perfect time to sell.

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June 21, 2016, 04:43:15 PM
 #16

let the media max out bitcoin free advertisement, late hoppers will come in late and well buy at the top when it rises again.
Eh?
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June 21, 2016, 04:44:25 PM
 #17

it start rising again in again 2 hours
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June 21, 2016, 04:50:32 PM
 #18

I do not think this is a trend reversal.
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June 21, 2016, 04:53:20 PM
 #19

People just panic sold because they were afraid that Bitfinex had Goxed.
Now Bitfinex is back up and last 3 hours price change: +5.15%

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June 21, 2016, 05:25:34 PM
 #20

I also think this is bitfinex panic effect.
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June 21, 2016, 05:26:30 PM
 #21

The downward slide will continue. people just want to fiat out their position now.
Well it makes sense as BTC had reached its absolute peak post MtGox crash. Chinese centralised BTC will never see $1200 again.

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June 21, 2016, 05:29:53 PM
 #22

if trend is familiar
there is always pullback before charging  Grin
https://www.coingecko.com/en/price_charts/bitcoin/usd
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June 21, 2016, 07:40:54 PM
 #23

I also think this is bitfinex panic effect.


It's 2016 and price is still influenced by problems of crappy exchanges. Unbelievable.
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June 21, 2016, 07:46:08 PM
 #24

BTC will rise again!
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June 21, 2016, 08:20:15 PM
 #25

Where are all the holier than thou BTC shills while there bags are crashing? We are now looking at an 18% BTC loss in 24 hours!!! All whole ETH rises.

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June 25, 2016, 03:00:25 PM
 #26

BTC will rise again!


The price should rise to to 1000 dollar within a year. There are much more users now than 2013, when the price was $1200.
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