THE DUMP

[Victorycoin]

To buy again, I would prefer to wait for price to come down to $800 - $900, outside any major news to start buying again.

What if it doesn't ever come back down to $900?  Someday if it hits $20,000 or more, we won't really care if we bought in at $900 or $1100.

That's the thing with people they only see one feet in front of their noses and never think about long term profits, in bitcoin whenever you buy and as much as you can afford to buy you'll stay in profit years from now.

While we are all full of expectation that Bitcoin is headed for the moon, it would help to understand that market price of any asset does not climb in one full swoop. It always moves in wave form - if in an uptrend, it goes up, a bit down, up again and so on. Price has been ranging around $1000 for sometime now and any breakout would retest the previous major support before finally exploding, that is how the market works and you can backtest to conform it.

Price may not necessarily touch $900 again, but the chart would no doubt show when the bulls are mounting so much pressure and adjustments can always be made.

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[Omega Weapon]

Second batch added.


OVERHEATED!

Dude just admit you fucked up... it's not that bad, it happens to everyone, even tho you keep making threads about it and getting it wrong tho lol.

Im sorry but you have been losing a lot of money since you opened this thread. Now it may dip a bit if it fails to crush the ATH, but so what, you already did a big mistake by dumping a couple days ago, given the wroth since your thread creation.

This, while it may be hard to own our mistakes if you want to improve in anything in life then you need to recognize the fact we all make mistakes, some times it is better to just admit your mistake and move on instead of trying to be right all the time.

[Wind_FURY]

Even if OP has been saying the same thing since 2009, I happen to agree with him--at least somewhat.  We have been rising very fast, and it may just be speculation based on the ETF coming out.  Who knows.  But if anyone sold at $1200, that would be completely understandable.  You never know where the top is going to be in the market, but taking a profit when you have one is never a bad thing.

If you are playing the market by going in and out of Bitcoin then it is ok. But if you are selling, believing and claiming that Bitcoin will crash then never have a chance to go up again because "reasons" then you are wrong. It has inly started scratching the surface. There are more good developments to come.

[_nur]

the bulls are back guys...

[CyberKuro]

Added some more shorts.

BULL trend IS OVER. Mark my words.

Hehe.

Another pump & dump. I smell your money in my pocket

Bought some back...  Me gready bastard.

Just sold those coins.  Smell some drop in near future.  Nice trade anyway...

uh huh.

Nice catch, looks like his words to influence people, I mark your words
You may regret didn't sell it at $1200 which the highest price yesterday, lol.
Anyway, you had nice trade. I think bitcoin market will has more buyers or increase rapidly during this waiting time for SEC decision until March 11th, you may have to buy back before too late or wait a little longer after ETF get denial.

[Zadicar]

Just as usual people do always say or argue on what their beliefs on bitcoins price and i would give my own view too, dump will happen i guess same as op assumptions and marking up over ATH of bitcoin on previous years for now the dump is anytime but not the same just like what happen before it may go down but 100-200 max i guess.

[Seansky]

I kinda disagree with OP since there is a lot of potential for bitcoin to go up in price since ETF approval hike is here. If it gets disapproved I guess there will be no such effect as dump only a little correction since there ain't a lot of investors yet that enters because of ETF they will begin to enter in my opinion after the approval. Well let's wait what will really happen in the future. We might see new ATH soon but the chance that OP's prediction will happen is still there.

[ImHash]

Might as well gets trashed by mods.

[_nur]

[Mr.grin]

Well, most people always think about the dump, and I am sure, it makes people pay more attention to the price and do not want to hold bitcoin they have. Well, if you're so afraid to dump, it may be better to sell bitcoin that you have today, because today bitcoin prices can be said to have a high price.

[Qartersa]

http://btcflux.com Good luck on getting your wish come true as the price is $1146 and it might go down but not for long, this is it guys and gals accumulate as much as you can before landing on moon.

I agree, this is the turning point to see the moon here. It will now skyrocket when it stops falling, and especially if the ETF would be approved, then this is the best time to buy that ticket to the moon, buy as much bitcoins as you can and we'll blast off in a few! I really hope I have money to buy before it does hit it off.

[coinplus]

Well, most people always think about the dump, and I am sure, it makes people pay more attention to the price and do not want to hold bitcoin they have. Well, if you're so afraid to dump, it may be better to sell bitcoin that you have today, because today bitcoin prices can be said to have a high price.

I believe till ETF's verdict remains pending, we cannot expect any heavy sell off, that too only if we will get the result as bitcoin ETF is not getting approved. Otherwise we can expect $2000 levels very soon. Most probably I think etf application might  be passed and we are going moon by mid of March.

This is just a speculation, only inside government officials know what would be the result of etf application.

[ethereumhunter]

i wonder how to make the chart like this because i don't know how to do it. but if this is really happen, then the chances to getting down its really big and we can see the price is down to deep, it will make many people getting panic especially in the market, people will sell their bitcoin as soon as they can because they don't want to get loss and they can make invest with low price in that time.

[Omega Weapon]

Added some more shorts.

BULL trend IS OVER. Mark my words.

Hehe.

Another pump & dump. I smell your money in my pocket

Bought some back...  Me gready bastard.

Just sold those coins.  Smell some drop in near future.  Nice trade anyway...

uh huh.

Nice catch, looks like his words to influence people, I mark your words
You may regret didn't sell it at $1200 which the highest price yesterday, lol.
Anyway, you had nice trade. I think bitcoin market will has more buyers or increase rapidly during this waiting time for SEC decision until March 11th, you may have to buy back before too late or wait a little longer after ETF get denial.

If you are a day trader then you may be right, but if you plan to hold for longer terms, losing a few dollars here and there is not a big deal, obviously we will like to get as much earnings as possible but it is not possible to get every single trade right, so as long as you make profits then you will be fine.

[Wind_FURY]

i wonder how to make the chart like this because i don't know how to do it. but if this is really happen, then the chances to getting down its really big and we can see the price is down to deep, it will make many people getting panic especially in the market, people will sell their bitcoin as soon as they can because they don't want to get loss and they can make invest with low price in that time.

Bored people who make it their hobby to trade Bitcoin read a lot of books about technical analysis and do all the elaborate charts that does not really predict anything. While the real professionals are very quiet about what they are really doing and yet the are the individuals who are making the real money by trading. Most of the time the hobbyists are mostly looking for validation in their lives.

[Doms]

There is sure to be a dump at some point because as an investment, it is speculative in nature and because the way the price has behaved over the last months, it is inevitable for some to  take profits and enjoy the rewards of their investments. The ones who benefit the most are those who are patient enough to wait for another dump to buy again while those who are the losers are the ones who are too eager to jump in on the bandwagon even if the indicators say its at overbought levels.

[senyorito123]

Added some more shorts.

BULL trend IS OVER. Mark my words.

Hehe.

Another pump & dump. I smell your money in my pocket

Bought some back...  Me gready bastard.

Just sold those coins.  Smell some drop in near future.  Nice trade anyway...

uh huh.

Nice catch, looks like his words to influence people, I mark your words
You may regret didn't sell it at $1200 which the highest price yesterday, lol.
Anyway, you had nice trade. I think bitcoin market will has more buyers or increase rapidly during this waiting time for SEC decision until March 11th, you may have to buy back before too late or wait a little longer after ETF get denial.

If you are a day trader then you may be right, but if you plan to hold for longer terms, losing a few dollars here and there is not a big deal, obviously we will like to get as much earnings as possible but it is not possible to get every single trade right, so as long as you make profits then you will be fine.

actually we can't point to anyone to do either day trade nor night trade since we have different timezone here and in my case i earning good on my night trading venture's since i can luckily spot the upwards downward movementd on the coin who am i trading at. And at any rate i can sell my coins since actually im not into bitcoins price movement lurker and do converting immediately when btc balance came up to my wallet.

[Teraboy]

Well, most people always think about the dump, and I am sure, it makes people pay more attention to the price and do not want to hold bitcoin they have. Well, if you're so afraid to dump, it may be better to sell bitcoin that you have today, because today bitcoin prices can be said to have a high price.

Yeah because if the SEC try to not approve bitcoin etf or give it more delay and the bullish trend of bitcoin can turn into the bullish trap, and i mean about the redcandle of bitcoin after 11 march. I just waiting for that moment. To see about how the trend it goes.

[AjithBtc]

Well, most people always think about the dump, and I am sure, it makes people pay more attention to the price and do not want to hold bitcoin they have. Well, if you're so afraid to dump, it may be better to sell bitcoin that you have today, because today bitcoin prices can be said to have a high price.

Yeah because if the SEC try to not approve bitcoin etf or give it more delay and the bullish trend of bitcoin can turn into the bullish trap, and i mean about the redcandle of bitcoin after 11 march. I just waiting for that moment. To see about how the trend it goes.

As quoted everything is gonna happen in a short based upon the approval of SEC for ETF. Its likely to get approval but nothing is assures. If things happen in the opposite manner we'll experience a dump to the maximum of $600.

[Slow death]

If things happen in the opposite manner we'll experience a dump to the maximum of $600.

Can be dump to $890 - $930

Bored people who make it their hobby to trade Bitcoin read a lot of books about technical analysis and do all the elaborate charts that does not really predict anything. 

 

Really? I disagree