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Author Topic: Dump is slowing down sooner than expected, effect brexit or relocating price???  (Read 457 times)
lethalethereal (OP)
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June 28, 2016, 07:57:18 AM
 #1

Hi guys, in this days price bitcoin did make classic "pump&dump" , but this time, "dump" phase  is slowing down sooner than expected.... Now price is 645$.... Is a new behavior to the price or wait a new collapse???

Brexit effect?

Halving effect?

Other reason?
mesimpleme
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June 28, 2016, 08:00:25 AM
 #2

Normal effect dump, in a next days price down
wadili89
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June 28, 2016, 08:00:37 AM
 #3

the price is at around 650$ from last 3 or 4 days and some are saying its gonna stay there for couple of weeks or even months i personally feel i will drop a little more and then rise up again over 800$

lets see  Smiley

hotcoin010309
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June 28, 2016, 08:01:47 AM
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the price is at around 650$ from last 3 or 4 days and some are saying its gonna stay there for couple of weeks or even months i personally feel i will drop a little more and then rise up again over 800$

lets see  Smiley

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July 02, 2016, 03:33:38 PM
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I also lately I'm having time problems with the movement of bitcoin
franky1
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July 02, 2016, 03:36:23 PM
 #6

lol

seriously guys.. stop getting emotional.
its not a "dump".. its just standard variation..

a dump is not 10%.. a dump is 50% or higher.. so stop making these silly posts every 5-10% movements in any direction,

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HarryKPeters
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July 02, 2016, 04:01:57 PM
 #7

Hi guys, in this days price bitcoin did make classic "pump&dump" , but this time, "dump" phase  is slowing down sooner than expected.... Now price is 645$.... Is a new behavior to the price or wait a new collapse???

Brexit effect?

Halving effect?

Other reason?

Brexit did not influency the price  at all if you ask me. I follwed the charts and not significant thing happened while we were having brexit. I think the dump was occured by ETH and not meant to happen, so the pumpers are back on track pumping again.

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July 02, 2016, 04:14:27 PM
 #8

Yea, I agree with franky...  People see headlines about international events happening and then they put 1 and 3 together and they get 15...  Roll Eyes We should accept some volatility with Bitcoin in the short term,

because there are a lot of volume and also whales messing with the price... Bitcoin is relatively small compared to other commodities, so this can still be done. Look at Bitcoin as a long term investment, and

ignore the small fluctuations like Franky said...  Wink

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July 02, 2016, 04:38:14 PM
 #9

...
Brexit effect?

Halving effect?

Other reason?

Both of them, I would add also the recent scams/hacks on the exchanges, cloud mining etc.
I'm afraid of that the price will crash after the halving. The dumping is not going to happen for a while as franky said.
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