BTC Price Crashing!! Sell Sell Sell!!!

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.

Quote from: Minecache on June 21, 2016, 02:11:26 PM

Don't Make Waves

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

Quote from: BitBerau on June 21, 2016, 02:22:37 PM

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?

Quote from: BitBerau on June 21, 2016, 02:22:37 PM

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.

Quote from: BitBerau on June 21, 2016, 02:22:37 PM

Isn't the crash because of bitfinex issues?

Bitfinex was down for ~4 hours.

Quote from: alyssa85 on June 21, 2016, 02:41:55 PM

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.....

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.

Quote from: MicroGuy on June 21, 2016, 02:55:39 PM

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

Haha, I love this guy. Cheesy

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

Quote from: BitBerau on June 21, 2016, 02:22:37 PM

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.

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

Lowering price its mean time to buy for me

What is the goal, where to go BTC: 600, 500?

The downward slide will continue. people just want to fiat out their position now.

Quote from: Posum578 on June 21, 2016, 03:24:17 PM

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

Quote

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.

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?

it start rising again in again 2 hours

I do not think this is a trend reversal.

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%

I also think this is bitfinex panic effect.