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yonton
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December 22, 2017, 07:21:41 AM |
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When are the buyers coming? I was fine at 13500 but now it's getting crazy
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orpington
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December 22, 2017, 07:22:04 AM |
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When are the buyers coming?
later? |
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DaRude
Legendary
 Offline
Activity: 3314
Merit: 2187
In order to dump coins one must have coins
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December 22, 2017, 07:22:21 AM |
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Satoshi is this you? Have you been drinking with Loaded again? Where's Adam when you need him. Thinking now we're getting in the oversold territory blood is getting on the streets time to slowly start accumulating, set your bids gentlemen
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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December 22, 2017, 07:22:32 AM |
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The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50. If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000.
Very noble of you. |
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Aventhe
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December 22, 2017, 07:23:18 AM |
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The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50. If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000.
The thing is that all other coins are down, so its not just a BTC-crash alone, but something else in the environment too. Or I may be entirely wrong. |
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somac.
Legendary
Offline
Activity: 2231
Merit: 1524
Never selling
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December 22, 2017, 07:23:52 AM |
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Go to analysis thread
Thanks |
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Phil_S
Legendary
Offline
Activity: 2177
Merit: 1823
We choose to go to the moon
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December 22, 2017, 07:24:09 AM |
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Damn, by drop calculations expired rather quickly. We're at 2/3 of ATH level now.
For comparison, if we'll take this drop
4941.7 -> 3011.2
and multiply it by 4, it would look like
19766.8 -> 12044.8
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yonton
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December 22, 2017, 07:25:20 AM |
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The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50. If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000.
Very noble of you. I'm pretty sure bitcoin should become more stable with this size market cap compared to 2013 |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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December 22, 2017, 07:25:56 AM |
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The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50. If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000.
Very noble of you. I'm pretty sure bitcoin should become more stable with this size market cap compared to 2013 That's what I thought! |
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Peter R
Legendary
Offline
Activity: 1162
Merit: 1017
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December 22, 2017, 07:26:01 AM |
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The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50. If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000.
The thing is that all other coins are down, so its not just a BTC-crash alone, but something else in the environment too. Or I may be entirely wrong. It's pretty common for the entire crypto market to fall in unison during "Real Bitcoin Crashes." That said, I'm still not sure if this will become one. We're not even at 1/2 the peak price. Serious crashes fall to 1/4 to 1/10th of the peak (so $2,000 to $5,000 in our case). |
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El duderino_
Legendary
Offline
Activity: 3220
Merit: 15537
“They have no clue”
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December 22, 2017, 07:27:09 AM |
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Pfffffff only thing i’m Not Going to like is sitting This sunday @ the table for christmas with much of them nocoiners
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yonton
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December 22, 2017, 07:27:59 AM |
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The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50. If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000.
The thing is that all other coins are down, so its not just a BTC-crash alone, but something else in the environment too. Or I may be entirely wrong. It's pretty common for the entire crypto market to fall in unison during "Real Bitcoin Crashes." That said, I'm still not sure if this will become one. We're not even at 1/2 the peak price. Serious crashes fall to 1/4 to 1/10th of the peak (so $2,000 to $5,000 in our case). It's not 2013 anymore guys. This is a much different market than it was years ago. |
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orpington
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December 22, 2017, 07:32:27 AM |
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well that was completely fucked.
is it over?
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somac.
Legendary
Offline
Activity: 2231
Merit: 1524
Never selling
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December 22, 2017, 07:33:14 AM |
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It's pretty common for the entire crypto market to fall in unison during "Real Bitcoin Crashes."
That said, I'm still not sure if this will become one. We're not even at 1/2 the peak price. Serious crashes fall to 1/4 to 1/10th of the peak (so $2,000 to $5,000 in our case).
It could just be a bit slower to get down there this time. Though I hope that the market is more mature now and it doesn't get there at all. |
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Peter R
Legendary
Offline
Activity: 1162
Merit: 1017
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December 22, 2017, 07:34:42 AM |
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well that was completely fucked.
is it over?
Not sure. Normally you see higher volume at the bottom of each wave down. This wave is slightly higher volume on Bitfinex so I'd say 50% chance it goes lower very quickly before bouncing again from the $10ks or the $11ks. |
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somac.
Legendary
Offline
Activity: 2231
Merit: 1524
Never selling
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December 22, 2017, 07:34:44 AM |
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well that was completely fucked.
is it over?
probably not, but, lets hope so |
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mike4001
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December 22, 2017, 07:34:52 AM |
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well that was completely fucked.
is it over?
This is not the Christmas present I wanted :-/ Then again ... We are still up 50% from 30 days ago ... |
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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December 22, 2017, 07:35:13 AM |
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well that was completely fucked.
is it over?
No. It goes like this: - Bitcoin is too high, let's dump and kill it! - It went down, but didn't die, let's buy some. - New ATH, several times higher than the previous one. - Go to step one.  The whole thing looks like a dead cat bounce, only inversed, shall we call it an "alive cat jump that grows bigger and becomes a tiger"!  |
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Wekkel
Legendary
Offline
Activity: 3122
Merit: 1538
yes
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December 22, 2017, 07:35:43 AM |
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The only regret I have is not having fiat available to buy more.
Transferring value over the Internet is not going away. Quite to the contrary.
If you cannot stand Bitcoin ‘correcting’, turn off your PC and login tomorrow again.
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yonton
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December 22, 2017, 07:38:10 AM |
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Who the fuck orchestrates these dumps. It can only happen with many large holders working together.
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Poll
