podyx
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May 10, 2016, 10:33:01 AM |
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Any reason behind this dump?
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whoreble
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May 10, 2016, 10:34:13 AM |
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Any reason behind this dump?
Fundamentals.
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only
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May 10, 2016, 10:36:58 AM |
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Any reason behind this dump?
CW dumping his coinz
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whoreble
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May 10, 2016, 10:38:13 AM |
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Sweet Jesus, support is gone, $447 ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Hunyadi
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☑ ♟ ☐ ♚
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May 10, 2016, 10:40:26 AM |
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Sweet Jesus, support is gone, $447 ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-webimages.wimages.net%2F051a8878ed355c2393241571adf39bbf92e0b4-wm.jpg&t=665&c=2QJ4NWsvfhDFCw)
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only
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May 10, 2016, 10:42:36 AM |
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Sweet Jesus, support is gone, $447 ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) You better sell know as long as it still has any value at all!
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Mervyn_Pumpkinhead
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May 10, 2016, 10:47:34 AM |
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The "it can't fail because of the halving!" longs will be squeezed till it's funny. It may not happen now, but it will happen.
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toknormal
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May 10, 2016, 10:51:57 AM |
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Halving got priced in with the rise from $250 to $400.
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Ted E. Bare
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May 10, 2016, 10:58:29 AM |
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New bottom at $450 and the trolls are back. Last week the floor was at $440. I managed to buy 25 bitcoin at 450. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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gizmoh
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May 10, 2016, 11:02:33 AM |
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The "it can't fail because of the halving!" longs will be squeezed till it's funny. It may not happen now, but it will happen.
+1 China overlords will make sure those longs are purged in due time. The uptrend been slow and painful aka weak stairs. while the descend is by high speed elevator.
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Ultrafinery
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May 10, 2016, 11:15:05 AM |
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It's gonna be ok... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs32.postimg.org%2Fkyz02l0wl%2Fextralost.png&t=665&c=DKJox2AI_YgYlA)
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hdbuck
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May 10, 2016, 11:31:59 AM |
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but when bulls are starting to get overconfident, bears tend to come out of the woods.
Good. A bear trap can't work without bears. hehe, but its not about the bulls nor the bears anyway.. its about the whales!
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nioc
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May 10, 2016, 11:54:55 AM |
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Oh no DOOOM!!
Price is higher than a week ago. Price is higher than a month ago and last months price is higher than the month before it.
It's DOOOM!! I tell you.
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Ultrafinery
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May 10, 2016, 12:01:09 PM |
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Oh no DOOOM!!
Did you hear about that segwit thing that was promised this month is getting put off until 2017, is that why the price is tanking?
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nioc
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May 10, 2016, 12:03:27 PM |
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What do moths have to do with it?
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Ultrafinery
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May 10, 2016, 12:12:39 PM |
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What do moths have to do with it?
Ah, if I was a lesser man, I'd point out that you got nothing &, powering through hot tears of rage, defeat and devastation, are now making lame typo jokes. But I won't. Because that sort of thing is beneath me. I don't kick people right after they got run over by a bus.
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Fakhoury
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Permabull Bitcoin Investor
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May 10, 2016, 12:15:40 PM |
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By the way bother, you shocked me when I saw you believeing in $25K - $250K within 5-10 years as I don't know if you re-call or not when we were talking on PM, you had nearlly 0.x% chance that we will reach those values within the given timeframe. Don't get me wrong, you are a buddy and brother of mine, I just see and understand you are a bull and not a permabull like the minority rest of us. I would like to know what caused to elevate your bullishness to that level, I'm extremely happy btw to see you crazy like us ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I understand what you are saying when you assert that it appears that I may have become more bullish in the past several months; however, really, in spite of the apparent inconsistencies, I don't believe that I have become more bullish than previously without some kind of actual reason based on actual market performance (at least, not in any significant or apparently contradictory way). More or less, I think about it like this. There is almost no way that the performance of bitcoin is completely mathematical (sure there is quite a bit of math involved in terms of network effects and reliability of the infrastructure etc) because it largely involves the behaviors (actions and reactions) of human beings. So even though some things in bitcoin can be determined by math, we cannot really know how the behavior of human beings is going to play out and affect bitcoin in both positive and negative ways. Look, we PM'd each other in September 2015, a week or two before bitcoin prices took off into a 2x bull run, in which none of us could have really anticipated, and also after nearly 2 years of downward price manipulation. Those factors, and the place that we are at the moment, affect viewpoint - short term and long term and the various measures that may need to be taken in order to protect one's position (and investment). There have been a lot of decent developments since September 2015, and also some real significant tests of the downside of bitcoin's price under those recent scenarios. Actually, when I PM'd you in September 2015, I gave you very specific probability ranges for various prices in the 5 year projection and the 10 year projection, and in my most recent post, I asserted "decent and reasonable possibilities of $25k to $250k". Anyhow, I believe the outline of my September 2015 predictions and viewpoints can serve as a very decent thought experiment, and yeah, surely I would not mind filling those in again with actual guestimates of my feelings and viewpoint as of today. If you want a follow-up post, then I will do it.. I think that it is a very good topic for this thread and for others to chime in if they want. Thank at first my friend for getting my point the correct way and understood that I care for our friendship ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Second, I would like to see a follow-up post please comparing your Sept. 2015 predictions and possibilities with the $25K-$250K and the reasons you believe in for the $25K-$250K ones as well. I know this will take time and effort from you, thanks in advance and really so much appreciated, but as I always said, I always learn from you guys, especially from my dear friends, like you ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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r0ach
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May 10, 2016, 12:27:49 PM |
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Nice, all the douchebags from "whaleclub" are in this thread spamming praying that the price goes lower, otherwise they'll have to pay more to buy back in than the amount of money they used to temporarily rig a drop. The last orchestrated drop didn't work so well, and they might have even lost money buying back in, so I'm surprised anyone even attempted to manipulate it again.
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