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Arcteryx
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July 09, 2016, 05:51:19 PM |
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Why is the price still dropping?
Main reason of falling rate of BTC is halving. People still thinking that after halving price of bitcoin will goes down as it will hard to mine as rewards will be half than now! People are selling their bitcoins so as per demand and suply formula price of bitcoins is going down. Keep selling  Lets see if we can get anymore coins for low $600's. |
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kobilica
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July 09, 2016, 05:53:23 PM |
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Why is the price still dropping?
People are scared and want to get out. Looks like it will keep falling lol. I was wrong, actually I have no fucking idea what is going to happen. I am drained. |
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orpington
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July 09, 2016, 05:55:19 PM |
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OMG OMG OMFG !!!
lol !
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orpington
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July 09, 2016, 05:57:50 PM |
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Why is the price still dropping?
Main reason of falling rate of BTC is halving. People still thinking that after halving price of bitcoin will goes down as it will hard to mine as rewards will be half than now! People are selling their bitcoins so as per demand and suply formula price of bitcoins is going down. Keep selling Lets see if we can get anymore coins for low $600's. Last block mined so long ago . . . 2016-07-09 17:20:24 Is it because miners are going offline? I hope nothing went wrong. . . Bitcoin must be broken! lol ! |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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July 09, 2016, 06:00:09 PM |
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kobilica
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July 09, 2016, 06:01:03 PM |
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Why is the price still dropping?
Main reason of falling rate of BTC is halving. People still thinking that after halving price of bitcoin will goes down as it will hard to mine as rewards will be half than now! People are selling their bitcoins so as per demand and suply formula price of bitcoins is going down. Keep selling Lets see if we can get anymore coins for low $600's. Last block mined so long ago . . . 2016-07-09 17:20:24 Is it because miners are going offline? I hope nothing went wrong. . . Bitcoin must be broken! lol ! price is getting stable. Drop was because of DDOS and halving reward bug on sites -> panic selling. |
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JayJuanGee
Legendary
 Online
Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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July 09, 2016, 06:02:19 PM |
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dammn nigga i just sold before panic selling. Any explanation why this bug?
If you sold before the dump, then that is good, because you can buy back at a lower price, but if you sold during the process of the dumping (or near the low price point hoping for a lower low), then you may need to take a loss and buy back before the price get's too far above your sell point. On the other hand, you could take a chance and wait it out, which may or may not pay out (despite being a bit stressful to wait out and hope for another dump, which is not out of the question at this point). |
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MayorMccheese
Newbie
Offline
Activity: 42
Merit: 0
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July 09, 2016, 06:03:13 PM |
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Why is the price still dropping?
Main reason of falling rate of BTC is halving. People still thinking that after halving price of bitcoin will goes down as it will hard to mine as rewards will be half than now! People are selling their bitcoins so as per demand and suply formula price of bitcoins is going down. Keep selling Lets see if we can get anymore coins for low $600's. Last block mined so long ago . . . 2016-07-09 17:20:24 Is it because miners are going offline? I hope nothing went wrong. . . Bitcoin must be broken! lol ! Funny if you're sitting in filthy fiat, not so much if you got bitcoins to hodl  It's OK so far, a new block just got solved . . . took 34 minutes instead of 10, but better than nothing. *I'm keeping an eye on it tho. |
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savetherainforest
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July 09, 2016, 06:04:36 PM |
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Does anyone still think it's not an artificial drop?
Stuff... Bear Trap! |
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kobilica
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July 09, 2016, 06:05:27 PM |
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dammn nigga i just sold before panic selling. Any explanation why this bug?
If you sold before the dump, then that is good, because you can buy back at a lower price, but if you sold during the process of the dumping (or near the low price point hoping for a lower low), then you may need to take a loss and buy back before the price get's too far above your sell point. On the other hand, you could take a chance and wait it out, which may or may not pay out (despite being a bit stressful to wait out and hope for another dump, which is not out of the question at this point).  I am lucky noob |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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July 09, 2016, 06:07:38 PM |
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Happy halving everyone !
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harrymmmm
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July 09, 2016, 06:11:07 PM |
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Does anyone still think it's not an artificial drop?
Haha. Totally organic drop based on fundamentals. The DDoS's happened at multiple sites purely because of extra traffic. /s |
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JayJuanGee
Legendary
Online
Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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July 09, 2016, 06:11:50 PM |
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Just got margin called. Again. Worst day of my life.
Yeah, right... you are either a dumb-ass or making shit up, again. [why not both, meme?] |
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JayJuanGee
Legendary
Online
Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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July 09, 2016, 06:14:31 PM |
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Why is the price still dropping?
People are scared and want to get out. Looks like it will keep falling lol.
Price could continue to be manipulated downward, that is true, but I would not describe that as "falling." If you do not realize this, we are in a bull market, especially with anything above the $400s... So, why don't you snap out of it and maybe even zoom out a little bit in your looking at the charts, if that is what you are doing.  Why is the price still dropping?
People are scared and want to get out. Looks like it will keep falling lol. I was wrong, actually I have no fucking idea what is going to happen. I am drained. That's probably a more accurate assessment of the situation. |
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sadasa
Sr. Member
Offline
Activity: 446
Merit: 250
Unpaid signature.
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July 09, 2016, 06:17:44 PM |
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Why is the price still dropping?
People are scared and want to get out. Looks like it will keep falling lol. Back down to low 600's and that is where we will stay for a short time but we will be bouncing back. |
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JayJuanGee
Legendary
Online
Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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July 09, 2016, 06:19:52 PM |
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Reminds me of JimboToronto.  |
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Moria843
Sr. Member
Offline
Activity: 442
Merit: 250
Found Lost beach - quiet now
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July 09, 2016, 06:20:33 PM |
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All the geniuses said it would skyrocket.
If all you had to do was listen to the "experts" to make money, everyone would be rich.
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JayJuanGee
Legendary
Online
Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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July 09, 2016, 06:26:08 PM |
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dammn nigga i just sold before panic selling. Any explanation why this bug?
If you sold before the dump, then that is good, because you can buy back at a lower price, but if you sold during the process of the dumping (or near the low price point hoping for a lower low), then you may need to take a loss and buy back before the price get's too far above your sell point. On the other hand, you could take a chance and wait it out, which may or may not pay out (despite being a bit stressful to wait out and hope for another dump, which is not out of the question at this point). I am lucky noob You bought back, or not yet? I usually like to stagger my bets rather than to attempt to play too many BTC all at once.. and accordingly, if I were to sell 4BTC all at once, that better fucking mean that I have at least 200 BTC in my portfolio or otherwise I am pretty confident that we are going to experience at least a 10% correction, and I would be buying back every 2% or so, once the correction stabilizes. I also think that it is safer to sell on the way up and buy on the way down rather than selling on the way down (even though once in a while you could get lucky to attempt to time such). |
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Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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July 09, 2016, 06:27:46 PM |
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Just got margin called. Again. Worst day of my life.
Yeah, right... you are either a dumb-ass or making shit up, again. [why not both, meme?] You're the gentleman who made me feel bad about being so trusting... 594 on BTC-e I was promised we would *never* go below 600  Don't be an idiot. First: BTC-e is not reflective of overall BTC prices, HELLO? Second: If anyone tells you "never" in relation to bitcoin, then by definition, they must be either misleading or misinformed or more likely, you are making shit up in order to act like a drama queen... I guess I should stop trusting people so much. They seemed nice . . . you're not even nice, you're just rude. And now on this, the worst fucking day of my life, just as I'm at my lowest and most fragile, you return to torment me some more? To rub your poisonous hatred into my wounds? What kind of a heartless monster are you? Hi porkchops! How ya doin? |
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JayJuanGee
Legendary
Online
Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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July 09, 2016, 06:28:26 PM |
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Just got margin called. Again. Worst day of my life.
Yeah, right... you are either a dumb-ass or making shit up, again. [why not both, meme?] You're the gentleman who made me feel bad about being so trusting... 594 on BTC-e I was promised we would *never* go below 600 Don't be an idiot. First: BTC-e is not reflective of overall BTC prices, HELLO? Second: If anyone tells you "never" in relation to bitcoin, then by definition, they must be either misleading or misinformed or more likely, you are making shit up in order to act like a drama queen... I guess I should stop trusting people so much. They seemed nice . . . you're not even nice, you're just rude. And now on this, the worst fucking day of my life, just as I'm at my lowest and most fragile, you return to torment me some more? To rub your poisonous hatred into my wounds? What kind of a heartless monster are you? Yeah, right... If I wanted to get sympathy, I would reach out and post details on a semi-anonymous forum for such... Sounds like a great strategy to deal with mental issues |
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