Dead cat bounce, dreams shattered again.

[kwukduck]

I bet many delusional bitcoiners were thinking we were heading for $1000 again.
Fundamentals are still flawed and not being fixed, there is no support in the orderbooks, forget $1000.
To maintain $1000 i think we need many more smarter and wealthy people to be invested in bitcoin, which they won't because it's not smart to begin with.
We are going back down to 2014 values as there is nothing to hold these prices once the manipulators are done taking your dollars!

See you at $500.

[Shiroslullaby]

I doubt we will drop that low, but I could definitely see us going back to the $750-800 range in the next week or two.
I think a lot of people expected us to reach a new ATH when we hit the $1100 range and will panic sell every time they see the price drop a few percent.

The next few weeks are going to be interesting. I'm waiting to see what policies Donald Trump will propose regarding trade regulations with China.
This could cause the value of Chinese currency to change. We saw what happened to Bitcoin last time RMB changed a few percent in a day.

[ASHLIUSZ]

I doubt we will drop that low, but I could definitely see us going back to the $750-800 range in the next week or two.
I think a lot of people expected us to reach a new ATH when we hit the $1100 range and will panic sell every time they see the price drop a few percent.

The next few weeks are going to be interesting. I'm waiting to see what policies Donald Trump will propose regarding trade regulations with China.
This could cause the value of Chinese currency to change. We saw what happened to Bitcoin last time RMB changed a few percent in a day.

Sudden increase in price happened today, but on the same day the price has started to fall down towards the value from which the price grew. Importantly price has been expected to increase within a short time after stabilizing as the Chinese New year is fast approaching. Can expect a price growth on such special occasion as China has got the largest users of bitcoin.

[BitcoinHodler]

i am glad to see so many others are realizing the depth of the FUD that kwukduck spreads in this forum every time there is a small price change and he wants his buy orders filled.

and yet he doesn't retire

[cengsuwuei]

We are going back down to 2014 values as there is nothing to hold these prices once the manipulators are done taking your dollars!

See you at $500.

i think is very dificult and long time
is youre prediction bitcoin price can down until reach 500 dollar
maybe never accident bitcoin price down to 500 dollar, before big news and big accident

[Pierre 2]

Your ideas are somekinda true about we need lot more to stabilize around $1000.
But I cannot see any reason for it to hit back $500 while lot of people are long in it.

[manselr]

I bet many delusional bitcoiners were thinking we were heading for $1000 again.
Fundamentals are still flawed and not being fixed, there is no support in the orderbooks, forget $1000.
To maintain $1000 i think we need many more smarter and wealthy people to be invested in bitcoin, which they won't because it's not smart to begin with.
We are going back down to 2014 values as there is nothing to hold these prices once the manipulators are done taking your dollars!

See you at $500.

Wrong, this is just chinese whales using the chinese regulation news to short and buy cheaper. The overall trend is still up, the china news are increasingly less effective in crushing the price, so they will realize they will make more money going long. Sorry for your loss as you obviously had short positions. See you at 1000$ you punk.

[Hunyadi]

See you at $500.

I thought it was double digits or something... 

[JimboToronto]

Sorry Kwukkie, your dreams of $500 (or $10) coins are shattered again. Keep trying. LOL 

[Clement Kaliyar]

Your dream of getting the price of bitcoin at $500 a piece is just too ambitious after the news of Chinese exchanges getting regulated has faded and the price is getting stronger and i would expect that the price of bitcoin would trade between $850 and $950 for some time and it will be a stable growth from now on and it might take a while to break the $1000 resistance.

[Sundark]

See you at $500.

I am sure that we will faster see another new ATH than bitcoin will drop to $500.
There is literally zero indicators that there will be another panic, downward trend or other negative occurrence.
You are just spreading FUD and you can't back it up with anything so you say "situation is bad", yeah for you it is always bad.

[richardsNY]

I wonder how you feel now the price has bounced back to $920 right now. I have been reading that you sold your coins at $10 back in the days, which perfectly explains why you throw around with hate and fud to get the best of newbies here. Can anyone point me to a thread or something that indeed shows him having said that he sold his coins at such low prices? Btw.... Don't get happy when the price starts heading down again as it's purely normal and expected volatility. Market hasn't been any different lately.

[Huge Black Woman]

Sorry Kwukkie, your dreams of $500 (or $10) coins are shattered again. Keep trying. LOL 

I lauged my ass out loud at that there picture!  We ain't dead-cat-bouncin' tho.  We jist inna correction, an' we goin' back da FUK UP.  Come on $1200!!!!

[rogerwilco]

Kwuk is a permabear because he thinks the protocol is broken. Whether it is or not, that aspect has little to no actual effect on current price movements. So even when the price goes down, he's still wrong.

[d5000]

It's possible we will follow the way of April to September 2013.

Then, the Bitcoin price first dropped from 266 to 50 in few days. But rapidly it recovered to a stable price of 120-130. It went down again once more, but then definitively recovered and started the well-known November '13 rally.

Volatility is a bit lower now than 2013 when the hype just began and there was a high degree of manipulation by MtGox. So the 5000 CNY (730-750 USD) region may have been the first bottom, and we're heading now to a stable price around $900. We then in some weeks or even months may go down again to the ~800 USD region . If at this second bottom the volume is high enough I think the way to a rally with a new ATH is open - if there are no fundamental reasons for a further decline.

[aso118]

I bet many delusional bitcoiners were thinking we were heading for $1000 again.
Fundamentals are still flawed and not being fixed, there is no support in the orderbooks, forget $1000.
To maintain $1000 i think we need many more smarter and wealthy people to be invested in bitcoin, which they won't because it's not smart to begin with.
We are going back down to 2014 values as there is nothing to hold these prices once the manipulators are done taking your dollars!

See you at $500.

We are headed back to $1000. If you thought that it would be achieved in a few days, then it would be greedy.
Just because Bitcoin has declined by 1% yesterday doesn't make the rebound a dead cat bounce.

[Rahar02]

I bet many delusional bitcoiners were thinking we were heading for $1000 again.
Fundamentals are still flawed and not being fixed, there is no support in the orderbooks, forget $1000.
To maintain $1000 i think we need many more smarter and wealthy people to be invested in bitcoin, which they won't because it's not smart to begin with.
We are going back down to 2014 values as there is nothing to hold these prices once the manipulators are done taking your dollars!

See you at $500.

Sorry Kwukkie, your dreams of $500 (or $10) coins are shattered again. Keep trying. LOL 

If he said see you at $700-800, it's fine but $500 will happen if an exchange get hacked again.
Well, even if we're heading to $500 instead of climb to $1000, that is a great time to buy and we'll have another pump to reach $1000 again. I think, we may stay at this fluctuations for a while and see an amazing increases in March.

I love the image of the cat, look like it alive trying to reach the moon.

[Riddikulo]

I bet many delusional bitcoiners were thinking we were heading for $1000 again.
Fundamentals are still flawed and not being fixed, there is no support in the orderbooks, forget $1000.
To maintain $1000 i think we need many more smarter and wealthy people to be invested in bitcoin, which they won't because it's not smart to begin with.
We are going back down to 2014 values as there is nothing to hold these prices once the manipulators are done taking your dollars!

See you at $500.

Nice trolling dude, are you high?

[U2]

Omg ... why are you here? Are you not going to do something about bitcoin's code yourself? If you have the answers then typing like a keyboard warrior on bitcointalk wont do anything at all for you.

[Wind_FURY]

I bet many delusional bitcoiners were thinking we were heading for $1000 again.
Fundamentals are still flawed and not being fixed, there is no support in the orderbooks, forget $1000.
To maintain $1000 i think we need many more smarter and wealthy people to be invested in bitcoin, which they won't because it's not smart to begin with.
We are going back down to 2014 values as there is nothing to hold these prices once the manipulators are done taking your dollars!

See you at $500.

Can you explain to us how you think the "fundamentals" are flawed? You keep posting here and fail to explain why you keep saying Bitcoin will fall. So you are really wasting your time because everyone will start to ignore you soon.