PrinceOfDump
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June 27, 2016, 12:34:09 PM |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto.
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Kellor
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June 27, 2016, 02:05:19 PM |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. I think the dump after the pump can give some people the opportunity to buy the bitcoin cheaply. It is good for them.
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tygeade
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June 27, 2016, 02:21:05 PM |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. I think the dump after the pump can give some people the opportunity to buy the bitcoin cheaply. It is good for them. Pump will never allow you to earn bitcoin cheaply as price will be higher at that time but price will fall when you experience a major dump and that is the right time to buy bitcoins.
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PrinceOfDump
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June 27, 2016, 02:39:46 PM |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. I think the dump after the pump can give some people the opportunity to buy the bitcoin cheaply. It is good for them. Unless you're the one orchestrating the dump, you profiting from it is pretty unlikely ("don't catch a falling knife" bit).
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Kellor
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June 29, 2016, 03:50:12 PM |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. I think the dump after the pump can give some people the opportunity to buy the bitcoin cheaply. It is good for them. Unless you're the one orchestrating the dump, you profiting from it is pretty unlikely ("don't catch a falling knife" bit). You are right. We are not the people controlling the price, so if we buy now, the price could go lower and we will lose.
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lumeire
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June 29, 2016, 03:53:11 PM |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. Yeah, it's gonna be like this for a while before maybe another pump before the halving. Who knows, if you bought when the price was still ~$200, you can cash out for profits now.
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bitdoger
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June 29, 2016, 03:56:42 PM |
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No this todays dump is nothing BTC will not became low now some persons is panik but for my look is time to buy it and hold next month price will up 1000$
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Shibashi Dogemoto
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June 29, 2016, 04:02:49 PM |
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No this todays dump is nothing BTC will not became low now some persons is panik but for my look is time to buy it and hold next month price will up 1000$
There is no assurance that price will touch that price, if you can afford to buy and afford to loose then you can go for it, as I don't see any positive impact on price from halving.
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Denker
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June 29, 2016, 04:11:43 PM |
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No this todays dump is nothing BTC will not became low now some persons is panik but for my look is time to buy it and hold next month price will up 1000$
It's not set in stone that price will rise to $1000 soon. I doubt it to be honest.It's more likely you will need way more patience than you expect.Another 6-8 months from now, maybe a bit more, wouldn't surprise me before we see the 4 figures again.And then it's not sure if it will be already on a sustainable level or not.
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iv4n
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June 29, 2016, 04:16:46 PM |
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Traders are earning a lot of money in this times, they selling and then buying a lot. Probably that make price moving up and down all the time. Can you imagine what few big players can do with lot of money? Bitcoin is still young and sensitive about that things, I think we can expect things to be like this in next month or two. But be sure that even when the price goes down, someone is waiting exactly that to buy cheap coins. After that rise will come, btc will worth a lot of money one day, for how long can we hold our coins its a big question.
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bbc.reporter
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June 29, 2016, 04:26:10 PM |
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It looks like the driver aka the pumper has gone and left bitcoin running like a headless horse. The price action really looks a lot like it will go further down below $600 when the other traders start selling and realize that there is no more upside momentum coming. But who knows, maybe the pumper is still there waiting for the right time to buy it up again.
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useless4
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June 29, 2016, 04:31:39 PM |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. I think the dump after the pump can give some people the opportunity to buy the bitcoin cheaply. It is good for them. thats true, dumps usually allow all people to top up their bitcoins and then hold it all for higher prices in my opinion thus you can make some good money out of such things bitcoin will soon start getting back to its previous prices in my opinion and people will jump back into buying all the bitcoins thus there will soon be one more huge pump i think
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eddyubachs
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June 29, 2016, 04:40:33 PM |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. I think the dump after the pump can give some people the opportunity to buy the bitcoin cheaply. It is good for them. thats true, dumps usually allow all people to top up their bitcoins and then hold it all for higher prices in my opinion thus you can make some good money out of such things bitcoin will soon start getting back to its previous prices in my opinion and people will jump back into buying all the bitcoins thus there will soon be one more huge pump i think If people will continue to buy then we may see major pump in near future, but at a moment I think no one is willing to buy and that is the reason price is stable now.
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Slark
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June 29, 2016, 04:43:26 PM |
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Don't panic boys, these short lived dumps are nothing significant. It is only test drive before halving. There is couple possible scenarios possible:
- price will be relatively stable until halving and then we will see pump and dump
- price will be stable, halving will hit us and price will deflate without any pups because people will be dumping hard
- price will be stable for now and halving will have small impact on the price - and after some time after halving we will have price increase, most likely in the 2nd half of the year
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Cereberus
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June 29, 2016, 04:45:16 PM |
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It looks like the driver aka the pumper has gone and left bitcoin running like a headless horse. The price action really looks a lot like it will go further down below $600 when the other traders start selling and realize that there is no more upside momentum coming. But who knows, maybe the pumper is still there waiting for the right time to buy it up again.
If it does than that is the time to buy. I am waiting for it to go below $500 again before I buy any but that might not be until after the halving. Once all the hype has gone.
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harun78
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June 29, 2016, 04:52:35 PM |
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halving the closer, so I think it will be increased not decreased.
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LuckyBtc
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June 29, 2016, 05:01:47 PM |
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halving the closer, so I think it will be increased not decreased.
10 days left for Bitcoin block halving, I think we're going to see massive pump next week I'm hoping for $800.
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~Bitcoin~
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June 29, 2016, 06:13:45 PM |
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halving the closer, so I think it will be increased not decreased.
10 days left for Bitcoin block halving, I think we're going to see massive pump next week I'm hoping for $800. I will be shorting majority of my bitcoin holding if price again touch 800$ in near future. Lots of speculation and manipulation going on in bitcoin market so it will be better to have both fiat and few bitcoins in hand during halving period.
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TrueCryptonaire
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June 29, 2016, 06:20:55 PM |
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I wish we had a dump but I doubt it. The weak hands have sold already and the next profit taking area will be higher as the Trading range is getting tighter and tighter all the time.
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chaser15
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June 29, 2016, 06:29:32 PM |
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This is usual since the beginning of bitcoin, once there is a big pump, expect a big dump too.
The important thing to look at, is the correction. Where it will be landed after the big pump? It's more to put concern that the panic selling that will happened after such huge pump.
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