kwukduck (OP)
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February 13, 2017, 12:07:46 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.
With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.
Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?
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Rahar02
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February 13, 2017, 12:48:45 PM |
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Lol, it's disappointing, why tittle of the thread not about another dead cat bounce? We miss it  Well, on some exchanges shows the price under $1000 ($996, $997, $998) but another already get back to $1000 (coinbase) If you had bought at $980, congrats, then you may sell it above $1000. But, O don't think the price will fall too far from this level. We're waiting for SEC decision regarding ETF, we may have another decrease or insane rises after that. |
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BTCLovingDude
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BTC to the moon is inevitable...
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February 13, 2017, 01:10:25 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.
haha, funny guy. you waited this long to start a new topic with your main account instead of all your brand new spams. the $1000 barrier was broken a while ago, and it has been a week or so that we are touching it and coming down, mostly because of the dumps, uncertainty and shorts. we will most probably remain in this state for a while. but it certainly can not be called "down trend". |
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Zadicar
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February 13, 2017, 01:25:39 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.
haha, funny guy. you waited this long to start a new topic with your main account instead of all your brand new spams. the $1000 barrier was broken a while ago, and it has been a week or so that we are touching it and coming down, mostly because of the dumps, uncertainty and shorts. we will most probably remain in this state for a while. but it certainly can not be called "down trend". You are right this is not a down trend and seeing on the bitcoin chart i could say we are on consolidation state on which theres no any signs of crash but we cant still be sure because there are unexpected news that do really affect bitcoins price to go down. |
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manselr
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February 13, 2017, 01:29:53 PM |
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Lol, it's disappointing, why tittle of the thread not about another dead cat bounce? We miss it Well, on some exchanges shows the price under $1000 ($996, $997, $998) but another already get back to $1000 (coinbase) If you had bought at $980, congrats, then you may sell it above $1000. But, O don't think the price will fall too far from this level. We're waiting for SEC decision regarding ETF, we may have another decrease or insane rises after that. He switches it up to not appear repetitive. A dead cat bounce there, a bitcoin fundamentals is broken dip incoming there, a regulations coming about to crash the market here... that's how this guy operates. He keeps his dumb mouth shut when the price goes up, and then as it naturally fluctuates down, he comes with the FUD. What a joke. |
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1Referee
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February 13, 2017, 01:53:19 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
Another bit of nonsense. It's purely normal market movements that we are seeing, as today isn't any different from how the last days have been. One moment we'll jump above $1000 and the other moment we'll dive slightly below $1000. No big deal. It seems a new down trend has been set for the foreseeable future.
If we were to believe you, Bitcoin's entire existence has been a down trend... With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.
Cracking down? You mean they are currently just setting up regulations that should have been put in place years ago? Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?
Scaling aspect that you are obviously referring to will get taken care of at some point. Stop acting like Bitcoin is being left alone. |
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maker88
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February 13, 2017, 01:54:27 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable
Permanently lol. How many coins you wanna bet were back at 1001 within a week? |
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dhampir-D
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February 13, 2017, 02:06:31 PM |
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It seems the price is holding strong in this range. There is considerable support in the market, and I think few people would be willing to sell at a value below that. In addition, the growing difficulty in mining creates an incentive for miners not to dump at any price. I do not see why the ecosystem could not grow further this year, there are great possibilities ahead.
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jtipt
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February 13, 2017, 03:24:40 PM |
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The same trend is going on as it was during the 700-750s price range 2 months back, but this time its 970-1020 since a 3 digit and 4 digit number is involved the price trend seems high, or something unusual but it's just the normal movemnt of market
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afbitcoins
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February 13, 2017, 05:20:33 PM |
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The forum needs some better bears
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BrewMaster
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There is trouble abrewing
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February 13, 2017, 05:33:58 PM |
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there has always been a price which bitcoin plays jump rope with! it is usually between something 20 and something 40 dollar like 220-240 or 720-740 but this time the price is the round $1000.
and as many would like to call it, $1000 is more of a psychological barrier that people like selling at. now when all the manipulation is coupled with that barrier, things become unpredictable for everyone.
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There is a FOMO brewing...
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BiTZeD
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February 13, 2017, 05:43:20 PM |
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So now that we are at 996$ and not 1004$ Bitcoin is doomed an will crash to levels we never reached in the down trend ? Frankly be serious and stop make people frighten !
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amacar2
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February 13, 2017, 06:20:24 PM |
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Ongoing PBOC drama and recent limitation on chinese trading platform may turn out to be good development for bitcoin market. There will be no more pump & dump drama, no fake volume, no fud about china controlling bitcoin etc which is good for smooth and steady price growth.
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manselr
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February 13, 2017, 06:55:13 PM |
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We are back to 1001 in bitstamp and soon the rest will follow. Okcoin is stuck at 975 because china no longer moves the market.
Current prices:
Bitstamp $1001.21
BTC-e $988
Bitfinex $994.43
OKCoin $975.27/6700
Looks like OP screwed up again with his FUD.
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Slow death
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February 13, 2017, 07:55:35 PM |
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We are back to 1001 in bitstamp and soon the rest will follow. Okcoin is stuck at 975 because china no longer moves the market.
Current prices:
Bitstamp $1001.21
BTC-e $988
Bitfinex $994.43
OKCoin $975.27/6700
Looks like OP screwed up again with his FUD.
Very good to see bitcoin at a more stable price, without high pump and dump. Ongoing PBOC drama and recent limitation on chinese trading platform may turn out to be good development for bitcoin market.
I thought the same thing.
...will we see more dramatic years spiraling down and down?
Be more optimistic. |
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NUFCrichard
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February 13, 2017, 07:57:43 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.
With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.
Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?
Definitively? You mean it is $995 and was $1000 about an hour ago? I am not feeling very panicky at the moment. A month ago when the price fell $250 in 15 minutes, I was a bit panicky, but floating around the $1000 mark doesn't worry me too much! If it does signify the start of the end, then it was a good run and nice while it lasted. I doubt it though. |
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Slark
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February 13, 2017, 08:06:20 PM |
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kwukduck I am amused by the amount of negative information you can broadcast.
If you think that bitcoin is technically and economically unfit to be serious asset then why you just don't leave it and focus on other cryptos or fiat?
While bitcoin might not be the fastest and the most technically advanced cryptocurrency we have now. There is no way that any altcoin will beat it.
Nothing will beat ideal initial distribution of Bitcoin. And BTC is and will be the best store value. This small decline because of another Chinese FUD is nothing.
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Shiroslullaby
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February 13, 2017, 10:14:42 PM |
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This small decline because of another Chinese FUD is nothing.
But my five dollars!!!! $995 is close enough to $1000. I don't see what the big deal is. If we suddenly dropped back to the $750 range, all the FUDers might have something to pat themselves on the back about, but it seems like the price of Bitcoin has been pretty stable lately. |
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rjclarke2000
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February 13, 2017, 10:24:48 PM |
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This small decline because of another Chinese FUD is nothing.
But my five dollars!!!! $995 is close enough to $1000. I don't see what the big deal is. If we suddenly dropped back to the $750 range, all the FUDers might have something to pat themselves on the back about, but it seems like the price of Bitcoin has been pretty stable lately. If the winkle etf doesn't happen you can expect a bear fest. It will be ugly. |
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pitham1
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February 13, 2017, 10:25:45 PM |
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There seems to be some resistance at $1000 levels, but it definitely is not insurmountable. Give Bitcoin a quite couple of weeks time and it will creep over $1000 without anybody even noticing. The long-term trend definitely seems to be up.
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LegendaryMiner
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February 13, 2017, 10:32:38 PM |
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There seems to be some resistance at $1000 levels, but it definitely is not insurmountable. Give Bitcoin a quite couple of weeks time and it will creep over $1000 without anybody even noticing. The long-term trend definitely seems to be up.
Maybe you're right, there's a lot of support on the market at current levels, but it takes time for that to consolidate as the new bottom. Perhaps bad news from China will continue to come throughout the year, but Bitcoin has already shown great resilience in recovering from such events. |
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Chin Cheng
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February 13, 2017, 10:46:44 PM |
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There seems to be some resistance at $1000 levels, but it definitely is not insurmountable. Give Bitcoin a quite couple of weeks time and it will creep over $1000 without anybody even noticing. The long-term trend definitely seems to be up.
I am sure the price would recover again and it is good to see that it has a good resistance around $1000 .I do not foresee a down trend coming like the OP expects .The uncertainty regarding the Chinese market might be stalling the price. |
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Immakillya
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February 13, 2017, 11:15:32 PM |
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Its good to see kwukduck creates a shitty thread again. I miss your dead cat.😸
What is you problem with bitcoin? You're wasting your time creating some FUDs that no one seems to care. No one believes you here since all your posts are all FUDs.
The bitcoin's price is @$1000 right now and still going up. FYI
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jbreher
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February 13, 2017, 11:45:10 PM |
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If the winkle etf doesn't happen you can expect a bear fest. It will be ugly.
WHile that may be the likely outcome, we still have almost a full month for the price to pump on the ETF rumors, first. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
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mikenz
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February 14, 2017, 12:06:54 AM |
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hey look, the duckf*cker shill account is back. this guy is just the perfect contraindicator. literally everytime he preaches doom bitcoin soares. Im buying!  PS. dude btw where are all those 10$ btc you promised us last year?  What is you problem with bitcoin? his problem is he still lives in 2010 and believes he can influence the price just by fudding an internet forum. Someone give this guy a time machine |
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Snorek
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February 14, 2017, 01:51:07 AM |
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If the winkle etf doesn't happen you can expect a bear fest. It will be ugly.
ETF approval will be huge positive boost for bitcoin in both credibility and price. But chances for it are very slim. Seeing how SEC is not exactly biased towards giving it a try. I would say that we have around 25% of Coin ETF being approved. But this found was disapproved so many times before, and we didn't have any market recessions because of that in the past. Why do you think this time it would suddenly be signal to enter a bear market? |
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mtwelve
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February 14, 2017, 02:26:51 AM |
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This small decline because of another Chinese FUD is nothing.
But my five dollars!!!! $995 is close enough to $1000. I don't see what the big deal is. If we suddenly dropped back to the $750 range, all the FUDers might have something to pat themselves on the back about, but it seems like the price of Bitcoin has been pretty stable lately. If the winkle etf doesn't happen you can expect a bear fest. It will be ugly. In the short term. Bitcoin seems to be getting remarkably resilient, bouncing back faster and faster from dumps. The rise from $750 low's to $1080 happened within four weeks if I recall correctly, and while yes we are under $1000 currently, I would chalk it up to volatility and day trading rather then losing support. Trading highs and lows sit comfortable in the $990's - low $1000's. So I think it's too early to call this a downtrend. |
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STT
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February 14, 2017, 02:46:13 AM |
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Definite, broken ? If we are so certain of these trends, making money would be easy. I just see bitcoin testing price and generally gaining, it is volatile but that alone is not a sign of it failing any trend from the last year which has been positive so far
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Benchman
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February 14, 2017, 02:51:06 AM |
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It's true that $1000 is resistance now.
But I expect rise after 1st March.
China is a big player in Crypto right now.
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mtwelve
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February 14, 2017, 04:52:54 AM |
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It's true that $1000 is resistance now.
But I expect rise after 1st March.
China is a big player in Crypto right now.
What's supposed to happen after March 1st? The ETF isn't supposed to happen till like 2nd or third week of march if I recall correctly. |
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smoothie
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February 14, 2017, 05:49:50 AM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.
With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.
Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?
Yup it is so permanently broken that the price is currently $1001.66 on bitstamp for example. Kwukieduckie save us the BS and just admit you sold way too early and now you are either butthurt or just trolling for fun and have already bought back in. |
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Sniper44
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February 14, 2017, 05:52:49 AM |
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It's true that $1000 is resistance now.
But I expect rise after 1st March.
China is a big player in Crypto right now.
China has always been a big player in crypto and that has not yet changed. the only thing changes is that Chinese people are no longer trading as much as before "on the exchanges" they have moved on to other methods of trading bitcoin such as using localbitcoins.com in fact the volume in there has reached an all time high. |
to the moon with bitcoin...
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unknown04
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February 14, 2017, 05:55:28 AM |
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looks like $990 - $1000 is the new bottom ? that's kinda good thing, we might be going above $1200 in future, hopefully.
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Riddikulo
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February 14, 2017, 06:27:33 AM |
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You must be stoned, the up trend is still there and harder than ever.
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pooya87
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February 14, 2017, 08:24:35 AM |
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Today we've permanently broken the $1000 barrier and are staying under it.
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permanently in kwukduck language means less than 24 hours! as i am writing this price is $1017 on bitfinex. things are going to be this way for a while and there is no permanently neither for rising nor for dropping. after this has ended, we will see $1100 but it may take a couple of weeks at least. |
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Kramerc
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February 14, 2017, 08:47:08 AM |
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Shit!
I finally gave in to kwukduck's pressure and have sodled all my bitcoins below $1000, which was never to be broken upwards again. I know this is only temporary and I'm hodling my $$$ with strong hands, waiting to buy back at $200 in the coming weeks, or even days.
Thank you duck, I don't know what I would've done if it wasn't for your precious advising!
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n0ne
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February 14, 2017, 09:24:31 AM |
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I too felt that bitcoin would experience a down trend in the price as the price gradually moved towards $990. But in a short it has gained back resistance and sticking above $1000. This gives hope that the price could be stable above $1000 for a long time period.
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icecube45
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February 14, 2017, 01:17:10 PM |
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I too felt that bitcoin would experience a down trend in the price as the price gradually moved towards $990. But in a short it has gained back resistance and sticking above $1000. This gives hope that the price could be stable above $1000 for a long time period.
If I think that bitcoin is not on the down trend because the price are still stable, every price drops definitely be back to normal again. That fluctuation is still reasonable I think. The down trend was sure to happen and it is normal in the market, but I do not think any time soon and it is still very long. |
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Arcteryx
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February 14, 2017, 01:26:58 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
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permanently in kwukduck language means less than 24 hours! as i am writing this price is $1017 on bitfinex. things are going to be this way for a while and there is no permanently neither for rising nor for dropping. after this has ended, we will see $1100 but it may take a couple of weeks at least. I agree with you. It won't be at $1100 until the end of this month. It is the shortest of the year so it isn't too long now. There is only good things coming in the foreseeable future for the US atleast. I do not know about China though.  Things don't look to good for their economic view with their Yuan and even bitcoin is looking bad investment for them for their exchanges are getting audited and taxed the hell out of them by their government for all the years they weren't collect on them. Now they are collecting at a prorated amount for it which will sink the bitcoin ship for them there. |
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maker88
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February 14, 2017, 02:48:16 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable
Permanently lol. How many coins you wanna bet were back at 1001 within a week? Guess I was too cautious with that bet, back to 1000 within 24 hours lol. If it walks like a duck and quacks like a duck, it's probably as dumb as a duck and can't give sound financial advice. |
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cellard
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February 14, 2017, 02:54:56 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable
Permanently lol. How many coins you wanna bet were back at 1001 within a week? Guess I was too cautious with that bet, back to 1000 within 24 hours lol. If it walks like a duck and quacks like a duck, it's probably as dumb as a duck and can't give sound financial advice. Kwukduck never fails to deliver. The guy is a comedy genius. He keeps getting proven wrong by bitcoin within hours but he keeps trying. "I'll keep trying until I get it right then consider myself a visionary". That's what he is doing. Meanwhile, bitcoin is back to $1010 dollars, another big fail for the duck. |
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CyberKuro
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February 14, 2017, 03:26:15 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
~
permanently in kwukduck language means less than 24 hours! as i am writing this price is $1017 on bitfinex. things are going to be this way for a while and there is no permanently neither for rising nor for dropping. after this has ended, we will see $1100 but it may take a couple of weeks at least. I agree with you. It won't be at $1100 until the end of this month. It is the shortest of the year so it isn't too long now. There is only good things coming in the foreseeable future for the US atleast. I do not know about China though. Things don't look to good for their economic view with their Yuan and even bitcoin is looking bad investment for them for their exchanges are getting audited and taxed the hell out of them by their government for all the years they weren't collect on them. Now they are collecting at a prorated amount for it which will sink the bitcoin ship for them there. Less than 24 hours ya, bitcoin seems won't move too far from the $1000 level. People still have to be patient and waiting for regulations about exchanges and all of issues finished in some countries, on the other hand, we have Japan, US, UK and Europe support bitcoin environment and keep it stable for now, just be ready for ETF. |
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mtwelve
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February 14, 2017, 03:52:07 PM |
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While we are back to above $1000, shorts are reaching record highs on Bitfinex, which certainly doesn't instill confidence. I don't think anything will come out of it unless some sort of catalyst triggers a movement.
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kwukduck (OP)
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February 14, 2017, 04:07:11 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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rjclarke2000
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February 14, 2017, 04:20:57 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
I do agree with this but only if the ETF doesn't happen. Then I think it'll be bad news. |
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CyberKuro
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February 14, 2017, 05:08:56 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
I do agree with this but only if the ETF doesn't happen. Then I think it'll be bad news. Nope, we're doing so well until these days without ETF, the price may drop for a while but we will moving forward and bitcoin rise again. Even though ETF not approved by SEC, does not mean the end of bitcoin, just another obstacle. But, bitcoiners still hoping they will accept it, hopefully. |
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cryp24x
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February 14, 2017, 05:35:58 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
I do agree with this but only if the ETF doesn't happen. Then I think it'll be bad news. Nope, we're doing so well until these days without ETF, the price may drop for a while but we will moving forward and bitcoin rise again. Even though ETF not approved by SEC, does not mean the end of bitcoin, just another obstacle. But, bitcoiners still hoping they will accept it, hopefully. I agree Bitcoin is doing fine atm at 1000 USD, and if ever ETF is approved, we can see another rally and spike of price. Possible a new bubble will form, but if ETF is rejected somehow the price will be affected and maybe it will go back to sub $1000 but will recover fast. |
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mtwelve
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February 14, 2017, 05:55:53 PM |
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I'm just going to hold/accumulate Bitcoin right now, too uncertain to do anything else. The small amount of volatility is not worth people besides day traders doing short or long margin calls, in my opinion. I definitely think lower prices are going to be retested, in anticipation for the ETF.
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Benchman
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February 14, 2017, 06:52:21 PM |
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+1.
I have some dollars on exchange and i will probably wait for price drop during March but before ETF.
For now, say $880-900 is my target.
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mtwelve
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February 14, 2017, 07:31:22 PM |
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+1.
I have some dollars on exchange and i will probably wait for price drop during March but before ETF.
For now, say $880-900 is my target.
You think it's going to drop that low? Just a feeling or you have any indications it might drop that low? |
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Benchman
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February 14, 2017, 07:35:54 PM |
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Just a feeling. When xxx people think about rocket rise, i'm preparing $$$ for opposite of scenario. It's not that low, just 10% of the curent price. In Crypto world, it's nothing.  |
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pooya87
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February 15, 2017, 05:29:36 AM |
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Today we've permanently broken the $1000 barrier and are staying under it.
~
permanently in kwukduck language means less than 24 hours! as i am writing this price is $1017 on bitfinex. things are going to be this way for a while and there is no permanently neither for rising nor for dropping. after this has ended, we will see $1100 but it may take a couple of weeks at least. I agree with you. It won't be at $1100 until the end of this month. It is the shortest of the year so it isn't too long now. There is only good things coming in the foreseeable future for the US atleast. I do not know about China though. Things don't look to good for their economic view with their Yuan and even bitcoin is looking bad investment for them for their exchanges are getting audited and taxed the hell out of them by their government for all the years they weren't collect on them. Now they are collecting at a prorated amount for it which will sink the bitcoin ship for them there. the Chinese trading volumes are still pretty high. i can even say it is even higher than before, they are doing their trades through other channels mostly OTC trading. go check localbitcoins for China and see the huge volume change and the price on localbitcoins is always much higher. My prediction was wrong, ~
i can't believe that i lived to see these words coming out of kwukduck ! and that is after all these years of saying "price will crash to $200" was kwukduck account hacked |
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smoothie
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February 15, 2017, 02:04:34 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
Let's take a trip down memory lane (2011)... So what if bitcoins become expensive? it won't be at all like giving all your money to the early adopters, you give some early adopter 1000$ he gives you a bitcoin, you purchase goods or services worth 1000$ using that bitcoin or trade it back whenever you see fit... you don't lose anything by it and early adapters gain some wealth, a very few maybe a lot, so what, nothing compared to govt institutions...
Price is $1010 currently. |
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STT
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February 15, 2017, 02:45:55 PM |
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If most trade is done in Yuan on a global basis, its surprising we dont even mention briefly the price level for that currency only the dollar counts. Maybe even Euro is relevant as it is the second largest currency in the world.
$1000 should be mostly a psychological level to beat or to stay above, that is partly why Im bullish. I think most people are waiting for some significance just due to three digits becoming four and there really is nothing special about his area.
Dollar itself has varied in its true value since bitcoin was last 1000, FED operates QE every day and the amount of dollars circulated increases far more then bitcoin gives out new coins (QE stops circulation also since FED is in effect another arm of government, but like headline and effective inflation operate without direct link I think dollar becomes weaker from QE)
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mtwelve
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February 15, 2017, 03:31:17 PM |
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Just a feeling. When xxx people think about rocket rise, i'm preparing $$$ for opposite of scenario. It's not that low, just 10% of the curent price. In Crypto world, it's nothing. 10% decrease for Bitcoin is a big deal. Not as catastrophic as the dump from near $1200 to $750, but 10% (~$100) decrease in a short period of time is nothing to scoff at. For smaller altcoins, 10% is considered daily volatility, but is definitely considered a trend reversal in Bitcoin. |
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mtwelve
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February 15, 2017, 03:33:51 PM |
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If most trade is done in Yuan on a global basis, its surprising we dont even mention briefly the price level for that currency only the dollar counts. Maybe even Euro is relevant as it is the second largest currency in the world.
$1000 should be mostly a psychological level to beat or to stay above, that is partly why Im bullish. I think most people are waiting for some significance just due to three digits becoming four and there really is nothing special about his area.
Dollar itself has varied in its true value since bitcoin was last 1000, FED operates QE every day and the amount of dollars circulated increases far more then bitcoin gives out new coins (QE stops circulation also since FED is in effect another arm of government, but like headline and effective inflation operate without direct link I think dollar becomes weaker from QE)
It seems USD volume has overtaken Yuan since the crack down from the PBOC. A lot of money seems to be flowing into JPY also, so I think China's influence on Bitcoin is weakening due to these two factors. I don't think Euro being the "second largest in the world" is relevant, as the size of a currency doesn't really affect Bitcoin. Just if that currency is being used to trade against Bitcoin. With that being said, it does seem we're holding steady above $1000, and we might retest higher levels, but I still remain cautiously optimistic. |
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Zadicar
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February 15, 2017, 03:39:46 PM |
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Just a feeling. When xxx people think about rocket rise, i'm preparing $$$ for opposite of scenario. It's not that low, just 10% of the curent price. In Crypto world, it's nothing. 10% decrease for Bitcoin is a big deal. Not as catastrophic as the dump from near $1200 to $750, but 10% (~$100) decrease in a short period of time is nothing to scoff at. For smaller altcoins, 10% is considered daily volatility, but is definitely considered a trend reversal in Bitcoin. -10% in bitcoin price decrease does really matter because it can be already consider a huge pricedrop on bitcoin price that we don't see on a normal day it doesn't like alts which volatility is very high and now seeing the price of bitcoin it gradually increases again after the sudden price decrease. |
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btc-facebook
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February 15, 2017, 03:43:06 PM |
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At least bitcoin still stay on $ 1000 range , means many investor still hold bitcoin !
It's just a matter of time when bitcoin value getting increase
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mundang
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February 15, 2017, 03:47:48 PM |
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China has a big influence or part on the price of bitcoin by now. We can say that china can manipulate the price on thier will.
I hope they will drive the price to 2000$ before deciding to go down.
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HanSchultz
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February 15, 2017, 04:14:45 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
The Japanese government is planning to implement rules and regulations for bitcoin and if the news comes out negative then the price might drop as people are avoiding the Chinese exchanges because of the regulation and rumors from the Chinese market.The manipulation may be bigger but you must expect that because of the investments they made in bitcoin by Asian countries. |
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maker88
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February 15, 2017, 05:39:39 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
Your prediction is always wrong. Nothing new here. |
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mtwelve
Legendary
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Activity: 1330
Merit: 1009
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February 15, 2017, 07:42:10 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
The Japanese government is planning to implement rules and regulations for bitcoin and if the news comes out negative then the price might drop as people are avoiding the Chinese exchanges because of the regulation and rumors from the Chinese market.The manipulation may be bigger but you must expect that because of the investments they made in bitcoin by Asian countries. While they are making regulations, its going to be good in the long term. Like just a couple days ago a couple of big banks invested into bitFlyer, the biggest Japanese exchange. So honestly, Bitcoin will suffer the growing pains temporarily, but it'll end up stronger in the long term. |
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splitups
Member
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Activity: 117
Merit: 100
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February 15, 2017, 10:23:29 PM |
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That has been wrong by time, it's already above $1000 again. IMO it's impossible to say bitcoin price is falling or rising, it's just about actual people's opinion and demand, Making "confirmed" predictions is just a waste of time.
Also the market size has grown so much from before, that trying to take down the currency by posting in forums etc... doesn't work anymore, you would need a highly expensive media campaign to reach a large enough number of bitcoin'ers, let alone convince them to buy or sell.
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cellard
Legendary
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Activity: 1372
Merit: 1250
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February 16, 2017, 12:31:33 PM |
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My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.
Yes, kwukduck, the bitcoin price might eventually go down. Do you want a medal for that? everyone knows that, but you forget to say the useful thing: when. But since nobody can tell that, what we already know is you fucked up (once again) in your FUD prediction and whoever had shorts set waiting for that deep sub $1000 dip is already losing money like an idiot. |
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thejaytiesto
Legendary
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Activity: 1358
Merit: 1014
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February 17, 2017, 03:00:24 PM |
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Kwuduck is such a fucking clown. Always gets everything wrong, and when he gets it right is because statistically it's impossible that you keep getting it wrong. Now in advance he says that "eventually the price will go down". Fucking really? This guy is a walking joke, can't stand his FUDtroll threads. He should be permabanned but then again we need people like this to expose themselves as permaFUDsters.
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mikenz
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February 24, 2017, 09:41:55 AM |
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13. Feb Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.
With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.
Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down? You heard it guys, 1000 $ permanently broken... UPWARDS sorry I just had to bring this sh*t up again |
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manselr
Legendary
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Activity: 868
Merit: 1004
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February 24, 2017, 04:08:53 PM |
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13. Feb Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.
With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.
Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down? You heard it guys, 1000 $ permanently broken... UPWARDS sorry I just had to bring this sh*t up again It's good to remind noobs how much of a jackass kwuduck is. All the unfounded FUD, all the time... it's just insane. We see it as comedy but noobs may take it seriously and dump thinking he is right. He hasn't logged in since Feb 19th lol. Im sure he will come back when there is a correction announcing how bitcoin is crashing again. |
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Labumi
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February 24, 2017, 11:28:57 PM |
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While we are back to above $1000, shorts are reaching record highs on Bitfinex, which certainly doesn't instill confidence. I don't think anything will come out of it unless some sort of catalyst triggers a movement.
It's something that is very beneficial for those who are already saving bitcoin when price under $300. Because before it does bitcoin price decline, so for those who are already convinced on bitcoin, would benefit greatly. But it also depends on our beliefs, trigger the movement of the bitcoin is dependent on demand and sales of bitcoin. For now this request I will sure bitcoin has increased now that the price of bitocin shows favorable price and everyone is definitely interested in getting that opportunity |
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kwukduck (OP)
Legendary
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Activity: 1937
Merit: 1001
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February 25, 2017, 04:27:13 PM |
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It seems i was right after all.
An insane amount of shorts are being filled right now. Smaet people making massive profits. We can expect this to continue for a while.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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hector3115
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February 25, 2017, 04:40:55 PM |
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It seems i was right after all.
An insane amount of shorts are being filled right now. Smaet people making massive profits. We can expect this to continue for a while.
Bitcoin just reached an ALL TIME HIGH proving that you have been wrong time and time again. You need to capitulate and go long before you let this once in a lifetime opportunity pass you by!! |
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Kotone
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February 25, 2017, 04:53:18 PM |
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The bitcoin price increase that fast but it decrease fast too those holders of bitcoin can make profit if they are holding atleast 100 bitcoin on their wallet and then exchanging or selling them into exchange website to withdraw and waiting for the price to decrease then buy and pump the bitcoin again making profit from buy and sell is the best thing.
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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February 25, 2017, 08:30:04 PM |
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Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.
With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.
Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?
I guess, your ratio as a counter indicator must be excellent, nailing at least 90% of calls. Which I find very positive, I mean no offence. I will have to consider to add you to my list of technical indicators. |
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2legit2
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February 25, 2017, 08:34:07 PM |
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It seems i was right after all.
An insane amount of shorts are being filled right now. Smaet people making massive profits. We can expect this to continue for a while.
Bitcoin just reached an ALL TIME HIGH proving that you have been wrong time and time again. You need to capitulate and go long before you let this once in a lifetime opportunity pass you by!! well bitcoin price always goes down or up from time to time thus he is sometimes right sometimes not, right now there does not seem to be too big of a down trend and bitcoin is still strong over 11 hundred dollars per bitcoin, i think it will keep up like that for quite a while but it is definitely not a fact that it will never drop under 1 thousand dollars once again. Traders can make some good profit right now out of those fluctuations. |
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delliaerd
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February 25, 2017, 09:12:54 PM |
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It seems i was right after all.
An insane amount of shorts are being filled right now. Smaet people making massive profits. We can expect this to continue for a while.
Bitcoin just reached an ALL TIME HIGH proving that you have been wrong time and time again. You need to capitulate and go long before you let this once in a lifetime opportunity pass you by!! well bitcoin price always goes down or up from time to time thus he is sometimes right sometimes not, right now there does not seem to be too big of a down trend and bitcoin is still strong over 11 hundred dollars per bitcoin, i think it will keep up like that for quite a while but it is definitely not a fact that it will never drop under 1 thousand dollars once again. Traders can make some good profit right now out of those fluctuations. Now bitcoin on level $1150 whereas some hours ago it about $1170, so in my point of view there will some little correction with bitcoin price. Maybe it will touch less than $1100 . A professional trader take profit from fluctuations of bitcoin's price which i can said that it has active fluctuations enough. |
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