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Author Topic: New down trend. $1000 definitively broken.  (Read 3175 times)
kwukduck (OP)
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February 13, 2017, 12:07:46 PM
 #1

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?

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
manselr
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February 13, 2017, 12:16:13 PM
 #2

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?

How could you have guessed it? 1000 was another dead cat bounce right?

Just another kwukduck thread to add to the collection of FUD retarded threads created after bitcoin goes down 10 dollars

"The crash continues, dead cat bounce."
https://bitcointalk.org/index.php?topic=918368.msg10086490#msg10086490

"Who bought this latest dead cat?"
https://bitcointalk.org/index.php?topic=953177.msg10434758#msg10434758

"return of the dead cat"
https://bitcointalk.org/index.php?topic=930100.msg10211279#msg10211279

"wow dead cat bounce. surprise!"
https://bitcointalk.org/index.php?topic=1233435.msg12844148#msg12844148

"SURPRISE! Dead cat bounce."
https://bitcointalk.org/index.php?topic=1048416.msg11281894#msg11281894
Rahar02
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February 13, 2017, 12:48:45 PM
 #3

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?

How could you have guessed it? 1000 was another dead cat bounce right?

Just another kwukduck thread to add to the collection of FUD retarded threads created after bitcoin goes down 10 dollars

"The crash continues, dead cat bounce."
https://bitcointalk.org/index.php?topic=918368.msg10086490#msg10086490

"Who bought this latest dead cat?"
https://bitcointalk.org/index.php?topic=953177.msg10434758#msg10434758

"return of the dead cat"
https://bitcointalk.org/index.php?topic=930100.msg10211279#msg10211279

"wow dead cat bounce. surprise!"
https://bitcointalk.org/index.php?topic=1233435.msg12844148#msg12844148

"SURPRISE! Dead cat bounce."
https://bitcointalk.org/index.php?topic=1048416.msg11281894#msg11281894

Lol, it's disappointing, why tittle of the thread not about another dead cat bounce? We miss it Cheesy
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.
BTCLovingDude
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February 13, 2017, 01:10:25 PM
 #4

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".

--looking for signature--
Zadicar
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February 13, 2017, 01:25:39 PM
 #5

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
 #6

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?

How could you have guessed it? 1000 was another dead cat bounce right?

Just another kwukduck thread to add to the collection of FUD retarded threads created after bitcoin goes down 10 dollars

"The crash continues, dead cat bounce."
https://bitcointalk.org/index.php?topic=918368.msg10086490#msg10086490

"Who bought this latest dead cat?"
https://bitcointalk.org/index.php?topic=953177.msg10434758#msg10434758

"return of the dead cat"
https://bitcointalk.org/index.php?topic=930100.msg10211279#msg10211279

"wow dead cat bounce. surprise!"
https://bitcointalk.org/index.php?topic=1233435.msg12844148#msg12844148

"SURPRISE! Dead cat bounce."
https://bitcointalk.org/index.php?topic=1048416.msg11281894#msg11281894

Lol, it's disappointing, why tittle of the thread not about another dead cat bounce? We miss it Cheesy
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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February 13, 2017, 01:53:19 PM
 #7

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.
maker88
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February 13, 2017, 01:54:27 PM
 #8

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?
dhampir-D
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February 13, 2017, 02:06:31 PM
 #9

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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February 13, 2017, 03:24:40 PM
 #10

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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February 13, 2017, 05:20:33 PM
 #11

The forum needs some better bears
BrewMaster
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February 13, 2017, 05:33:58 PM
 #12

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.

There is a FOMO brewing...
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February 13, 2017, 05:43:20 PM
 #13

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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February 13, 2017, 06:20:24 PM
 #14

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
 #15

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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February 13, 2017, 07:55:35 PM
 #16

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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February 13, 2017, 07:57:43 PM
 #17

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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February 13, 2017, 08:06:20 PM
 #18

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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February 13, 2017, 10:14:42 PM
 #19

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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February 13, 2017, 10:24:48 PM
 #20

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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