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Author Topic: DOWN WE GO - Market is unstable. It will crash around halving day.  (Read 9967 times)
rogerwilco
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July 07, 2016, 05:42:28 PM
 #81

Anyone remember the crash of 1/14/16 when it fell from $430 to $360? The start of a long bear run that ended in the demise of Bitcoin? No? Bueller?
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July 07, 2016, 05:54:42 PM
 #82

Stand back, stand back everyone! Enough talk, we must operate.
And by 'we' I mean I, a professional.

Make a blockchain incision, Doctor Maxwell, I’m going to massage the heart.
http://cdn.realitystudio.org/images/conferences/confusions-masterpiece/041.400.jpg
Now, boys, you won’t see this operation performed very often and there’s a reason for that…. You see it has absolutely no medical value. No one knows what the purpose of it originally was or if it had a purpose at all. Personally I think it was a pure artistic creation from the beginning.
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July 09, 2016, 03:18:28 AM
 #83

I wonder if this is what the op meat by "crash". The price looks solid and stable to me.
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July 09, 2016, 05:21:21 AM
 #84

I wonder if this is what the op meat by "crash". The price looks solid and stable to me.

haha, yeah.
so far this speculation has been total bullshit. because bitcoin price has stayed up and so stable around $650 and just had little swings of $20 which has always been normal in bitcoin.

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July 09, 2016, 05:37:09 AM
 #85

I wonder if this is what the op meat by "crash". The price looks solid and stable to me.

Still 11 hours until the halving.

Lots of time for something to happen.

But the tendency is upwards now

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July 09, 2016, 06:00:56 AM
 #86



I am with hdbuck. The best idea is to sell all coins now (or $100 higher), wait for halving moon kids to gather up the remnants of their shattered dreams and a fraction of their starting capital... Then, we will have these bitcorns all to ourselves again, and it will be magnificent.
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July 09, 2016, 06:28:08 AM
 #87

People are optimistic and that is a good thing, to many big expectations doesn't mean that we bitcoin will crash. People just have positive experience in the past, and now they are just showing faith in btc. I understand why people have such high opinion about bitcoin, for many of us bitcoin is savior and we don't see bitcoin just like a tool to earn money. Bitcoin is growing currency and people believe that will rise much more.
Maybe bitcoin will not go to the moon, but for sure we will stay where we are at least. And for now price is pretty solid, if we see other altcoins I see a big potential in blockchain technology, that why people have faith. Just more people to hook up like we did and btc will grow for sure.


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coinzat
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July 09, 2016, 07:02:44 AM
 #88

it is halving day and we are going to see whether your speculations are right or not. going down does not mean a crash in the market. the market is quite stable this week more than the previous month
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July 09, 2016, 08:30:21 AM
 #89


Before any increase there will be strong shakeout.  Too many longs...

Agreed. How low do you think we must go? $604 or lower ($480  Lips sealed)?

If that was it...it was $610.

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July 09, 2016, 08:34:32 AM
 #90


Before any increase there will be strong shakeout.  Too many longs...

Agreed. How low do you think we must go? $604 or lower ($480  Lips sealed)?

If that was it...it was $610.

610$ won't shake many longs. But it is critical support and if broken we might see 480$.

Sometimes, if it looks too bullish, it's actually bearish
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July 09, 2016, 10:45:49 AM
 #91


Before any increase there will be strong shakeout.  Too many longs...

Agreed. How low do you think we must go? $604 or lower ($480  Lips sealed)?

If that was it...it was $610.

610$ won't shake many longs. But it is critical support and if broken we might see 480$.

Tik,  tak,  tik,  tak...

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July 09, 2016, 04:40:41 PM
 #92

Tik,  tak,  tik,  tak...    Grin
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July 09, 2016, 04:51:42 PM
 #93

So far there is no real difference beside the lower block rewards of course. Will be interesting to see if the price will tank below $600 in the coming hours.

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July 09, 2016, 04:54:20 PM
 #94

Tik, tak,  tik,  tak ,...... Kabooom

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July 09, 2016, 04:57:33 PM
 #95

The lights are going out!!

https://s32.postimg.org/z7i5cuhid/Capture.jpg

Is this what the end looks like? Cry
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July 09, 2016, 05:00:24 PM
 #96

The lights are going out!!



Is this what the end looks like? Cry

That's less than $20 swing.

So far no crash, prices at same level than yesterday, considering the normal price fluctuation
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July 09, 2016, 05:05:37 PM
 #97

Tik, tak,  tik,  tak ,...... Kabooom

Don't be so pessimistic ^^
It's not really important to have a drop, especially after the constant rise in price =)

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July 09, 2016, 05:12:12 PM
 #98

The lights are going out!!



Is this what the end looks like? Cry

That's less than $20 swing.

So far no crash, prices at same level than yesterday, considering the normal price fluctuation
It looks bad until you zoom out. That's what happens when you focus on a small portion of time vs price. You can pretty much take any trough from a random daily point and make it look like it's a staggering crash. Don't extrapolate from a few points of data. Otherwise, you make a fool out of yourself.

https://xkcd.com/605/ is pretty relevant.

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July 09, 2016, 05:15:39 PM
 #99

I thought there would be some "sell on news"-stuff. May be small relief rally soon, when it's clear everything is ok.

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July 09, 2016, 05:16:01 PM
 #100

Few hours left and i think the price still stable no price down will happen so better to dont panic. There is no crash happen those speculation is very impossible now a days..


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