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Author Topic: DOWN WE GO - Market is unstable. It will crash around halving day.  (Read 1831 times)
ask
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August 27, 2016, 04:19:19 PM
 #1

Admins locked my previous subject,  so we forced to continue here.

Old thread is available here https://bitcointalk.org/index.php?topic=1530556.0

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EVERYONE IS A BANK
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August 27, 2016, 04:20:03 PM
 #2

Sell now.  We are going below 500$ again.

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kwukduck
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August 27, 2016, 04:54:22 PM
 #3

I'm surprise we lasted this long at these insane high prices.
This market is fully controlled by a hand full of people sadly.
But there's no way but down, that much is clear.

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August 27, 2016, 04:58:32 PM
 #4

Sell now.  We are going below 500$ again.

It's much better to keep holding and to start buying more if the price indeed happens to go down much lower than the current price level.

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August 27, 2016, 05:01:57 PM
 #5

Hope you guys are right, I'm ready for some cheap coins! Smiley
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August 27, 2016, 05:05:04 PM
 #6

Sell now.  We are going below 500$ again.

Tik, tak, tik, tak...   
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August 27, 2016, 05:10:54 PM
 #7

Hope you guys are right, I'm ready for some cheap coins! Smiley

Mixed feelings here. I could get cheaper coins, but how cheap is cheap? If it bottom out, will i suffer a loss due to coins on hand?

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August 27, 2016, 05:28:03 PM
 #8

Hope you guys are right, I'm ready for some cheap coins! Smiley

Mixed feelings here. I could get cheaper coins, but how cheap is cheap? If it bottom out, will i suffer a loss due to coins on hand?

You don't suffer a loss until you sell below your buy point.
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August 27, 2016, 05:47:32 PM
 #9

Hope you guys are right, I'm ready for some cheap coins! Smiley

Mixed feelings here. I could get cheaper coins, but how cheap is cheap? If it bottom out, will i suffer a loss due to coins on hand?

You don't suffer a loss until you sell below your buy point.

You suffer 100% loss when you buy a commodity -- your money's gone until you sell it :\
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August 27, 2016, 06:02:51 PM
 #10

This market is fully controlled by a hand full of people sadly.
But there's no way but down, that much is clear.

Who are you referring to? Are you saying there are some coin holders with so many BTC that they can manipulate the price?
Or are you talking about some of the big Chinese mining pools? 


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August 27, 2016, 06:09:43 PM
 #11

Fear mongering again? Cheesy
Oh boy haven't we seen this a thousand times before?
Price goes down and price goes up.
If we should go down to $500 one more time or even lower I will grab as much as coins as I can I tell you.
I will definitely not do you or others the favour and sell my precious!
The more blood on the street the more I will try to accumulate.Thanks!

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August 27, 2016, 06:25:49 PM
 #12

Sell now.  We are going below 500$ again.

selling now after this long stagnation is very very stupid, i would buy more, this is exactly the calm before the storm imho, next pump will start soon
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August 27, 2016, 06:27:45 PM
 #13

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August 27, 2016, 07:55:53 PM
 #14

Fear mongering again? Cheesy
Oh boy haven't we seen this a thousand times before?
Price goes down and price goes up.
If we should go down to $500 one more time or even lower I will grab as much as coins as I can I tell you.
I will definitely not do you or others the favour and sell my precious!
The more blood on the street the more I will try to accumulate.Thanks!

Are you all in, or waiting for a lower price?
'Coz if you're all in now, you won't have any filthy fiat to buy BTC when the price [predictably] tanks.
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August 27, 2016, 08:27:47 PM
 #15

I will definitely not sell any of my coins at this point as I prefer to hodl them for a much longer period.

I however don't mind accumulating some more coins below $500 as I still haven't bought all the coins back that I sold at the time the price peaked in June. Let it come!

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August 27, 2016, 08:39:21 PM
 #16

I will definitely not sell any of my coins at this point as I prefer to hodl them for a much longer period.

Name checks out.
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August 27, 2016, 10:49:32 PM
 #17

I will definitely not sell any of my coins at this point as I prefer to hodl them for a much longer period.

Name checks out.

Name checks out Wink



Is this a kwukduck alt? Or just another person making pointless FUD posts? Back to the altcoin section so I never have to see you again lol. Are you basing this on any facts or you just pulled it out of somewhere we should never speak of?

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August 27, 2016, 10:56:42 PM
 #18

Sell now.  We are going below 500$ again.

It's much better to keep holding and to start buying more if the price indeed happens to go down much lower than the current price level.
Thats right there is no need to panic.Prices are still good despite falling down from $600.If we all keep holding,we can again see high price

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August 28, 2016, 12:06:14 AM
 #19

Don't panic. It is standard bitcoin volatility. There are zero news which can suggest that we are going down.
Actually with Bitcoin Core 0.13 released and future implementation of SegWit I expect significant price spike.
New protocol will help energize prices higher, and stabilize the market.
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August 28, 2016, 12:46:25 AM
 #20

Don't panic. It is standard bitcoin volatility. There are zero news which can suggest that we are going down.
Actually with Bitcoin Core 0.13 released and future implementation of SegWit I expect significant price spike.
New protocol will help energize prices higher, and stabilize the market.

The price doesn't need any news to go down. Big holders are dumping because they try to trigger stop loss orders, or large miners sell some of their coins in order to have some cash for bills or new equipment. It's a normal movement not even worthy of mentioning for experienced Bitcoiners. Block size increase is what people look forward to as they believe it will result in a decent price increase. Only time will tell if that's really the case.

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