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Author Topic: the recent drop could be a trap 2017/3/19.  (Read 1902 times)
lottery248 (OP)
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March 18, 2017, 11:03:25 PM
 #1

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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March 18, 2017, 11:07:28 PM
 #2

they want cheap coins.






me, too.
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March 18, 2017, 11:07:37 PM
 #3

trap or not, the risk/reward ratio is not my ball game at the moment. Altcoins offer potentially much more interesting plays and the recent blood in the Bitcoin charts helped to make them attractive again.

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March 18, 2017, 11:08:47 PM
 #4

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh
IIRC some exchanges hit a bottom of 850 today, not completely sure but I saw a graph of it somewhere. Either way, BTC seems pretty oversold right now and if anything I'd buy a little bit now and see what happens; we've been slowly slipping these last few hours but it won't last forever. I wouldn't sell (HODLing anyways Tongue) as of now, if you're looking for short term profit it isn't happening anyways, might as well just HODL.
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March 18, 2017, 11:10:39 PM
 #5

The fact is goodbye to $1,000 above and i think the price right now will still stay at the $1k below..
Much more interesting right now altcoin are getting more higher that honestly we don't experience before..  Look for the dash and ETH was active these days  and the movement is really gives you good profit if you bought them in the cheap price..
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March 18, 2017, 11:15:52 PM
 #6

oh no, it doesn't ... Bitcoin, it's like a catapult.

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March 18, 2017, 11:32:14 PM
 #7

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

Well the problem is that BTU nodes are dropping like flies...

That's the reason of the price drop pretty much. The community's increasing polarised, and there is propaganda everywhere on this forum.

I don't think it's a trap necesseraily because there is a legit reason for the drop, i personally think it's going to drop even more before it recovers to a normal, $1000+ level which I deem the price level that bitcoin deserves at the moment.

But people right now are already placing buy orders at 700-750 waiting for the price to drop. I don't think that bitcoin will drop that much after this.
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March 18, 2017, 11:36:17 PM
 #8

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

Do you have any idea what is the reason behind this hard crash?? It's really bad seeing bitcoin in this stage to lose it's "$1000 bottom", the crash of -$310 within few days is drastic and it's really for panic, I'm afraid that the price will not be stable even in the upcoming weeks and who knows what's the next bottom price for bitcoin, too much panic, for real.
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March 19, 2017, 08:20:27 AM
 #9

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

it is manipulation and when you manipulate you don't want to kill what you have already invested thousands of dollars in. it is only one of the reason why price won't go low a lot because those who dump a big amount of bitcoin at once to make the price drop are slowly buying it back up and if things get out of hand put up big buy walls to prevent it from going lower.

on the other hand, there are many who knowing the situation, are buying bitcoin to take advantage of the situation. and it is not really the first time it happened! take a look at the charts and do some research and you'll see how many times before, there was a big so-called-news about bitcoin and it being dead that caused some down period like this.

the principle of all FUDs are always the same:
- Bitcoin being a Ponzi scheme (2009)
- Bitcoin being hacked and all private keys listed on a website (early years)
- China banning bitcoin (early years then in 2013 then 2015-16-17,...)
- MtGox running away
- M. Hearn bullshit that I can not even remember anymore
- Exchanges being hacked
- China banning bitcoin trading
- China controlling bitcoin and mining
- and the stupidest one of all China rejecting transactions from the rest of the world Cheesy
- ETF rejected
- An altcoin claiming to be replacing bitcoin and report fake huge trade volumes daily and get pumped
- and now FUD about split these days
- something else in the future maybe about hell breaking lose, world war or aliens attack!

they are all the same thing. bitcoin has been under attack from all angles, it is sometimes from those who don't want to see a decentralized currency threaten their very existence or sometimes it is because someone is butthurt and missed a dip.

Only Bitcoin
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March 19, 2017, 10:00:57 AM
 #10

what is Bitcoin Unlimited though? Huh
A scaling solution that will result in Bitcoin splitting between the old Bitcoin and a new coin called BTU which will have a flexible block size and be listed on exchanges as an altcoin (but we'll see how it actually goes) and everyone who holds Bitcoin will own an equal amount of BTU as they already do in BTC.

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
I agree, people have started buying into Bitcoin because of the hype about its temporarily high price, but now that it's dropping some newbies have started to panic sell.  Bitcoin can't just be going up all the time.

..Stake.com..   ▄████████████████████████████████████▄
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March 19, 2017, 10:33:36 AM
Last edit: March 19, 2017, 10:57:10 AM by iamnotback
 #11

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

It is a bear trap for n00bs:

Re: RogerCoin

He went from Bitcoin Jesus to Bitcoin Antichrist LOL

RogerVer's BU is lonesomely incompetent. Expect a reversal back to Bitcoin Core soon. Last chance to buy under $1000 before the rocket leaves the launch pad to $2000+. (Caveat, make sure my linked point is technically correct first ... I'm waiting peer review...)
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March 19, 2017, 01:33:35 PM
 #12

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

Do you have any idea what is the reason behind this hard crash?? It's really bad seeing bitcoin in this stage to lose it's "$1000 bottom", the crash of -$310 within few days is drastic and it's really for panic, I'm afraid that the price will not be stable even in the upcoming weeks and who knows what's the next bottom price for bitcoin, too much panic, for real.

Its so afraid. Value is lower than 1000$ now. I do not if this crash continues in upcoming days. Trading will affect a lot than other btc commodities. It was been stable rise from the end of January but now become volatile again.
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March 19, 2017, 03:08:08 PM
 #13

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

Do you have any idea what is the reason behind this hard crash?? It's really bad seeing bitcoin in this stage to lose it's "$1000 bottom", the crash of -$310 within few days is drastic and it's really for panic, I'm afraid that the price will not be stable even in the upcoming weeks and who knows what's the next bottom price for bitcoin, too much panic, for real.

Its so afraid. Value is lower than 1000$ now. I do not if this crash continues in upcoming days. Trading will affect a lot than other btc commodities. It was been stable rise from the end of January but now become volatile again.
As we cannot expect only up surge all the times, now we are seeing volatility of bitcoin markets. This sudden fall is just due to we are going to another altcoin but it is a hard fork derivation of our beloved bitcoin.

I guess we need not to worry about anything this sudden price fall and hard fork. We are going to have a test phase with this new altcoin BTU like how bigger blocks will be working. Hopefully we can get implemented those changes into bitcoin core too after evaluating tests.
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March 19, 2017, 03:19:03 PM
 #14

There is one scenario most people have not considered.

Somebody is attempting to draw BTC away from private wallets and onto the exchanges.

If there is a heist or "hack" being planned, via a known exploit, then the first thing to do is create excitement with the price, and excitement with the altcoins.

This draws BTC onto the exchanges.

As does simulating a crash in BTC. As most sellers keep their fiat funds on the exchange, Mtgox-style.

The most dangerous time as an investor is when you are emotional.

Stay safe, keep your coins off the exchanges as much as possible.
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March 19, 2017, 03:23:09 PM
 #15

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

it is manipulation and when you manipulate you don't want to kill what you have already invested thousands of dollars in. it is only one of the reason why price won't go low a lot because those who dump a big amount of bitcoin at once to make the price drop are slowly buying it back up and if things get out of hand put up big buy walls to prevent it from going lower.

on the other hand, there are many who knowing the situation, are buying bitcoin to take advantage of the situation. and it is not really the first time it happened! take a look at the charts and do some research and you'll see how many times before, there was a big so-called-news about bitcoin and it being dead that caused some down period like this.

the principle of all FUDs are always the same:
- Bitcoin being a Ponzi scheme (2009)
- Bitcoin being hacked and all private keys listed on a website (early years)
- China banning bitcoin (early years then in 2013 then 2015-16-17,...)
- MtGox running away
- M. Hearn bullshit that I can not even remember anymore
- Exchanges being hacked
- China banning bitcoin trading
- China controlling bitcoin and mining
- and the stupidest one of all China rejecting transactions from the rest of the world Cheesy
- ETF rejected
- An altcoin claiming to be replacing bitcoin and report fake huge trade volumes daily and get pumped
- and now FUD about split these days
- something else in the future maybe about hell breaking lose, world war or aliens attack!
I guess some of the things on your list are fact. ETF rejected is totally true. And I don't wanna be a butthurt. but just try give my opinion about that.

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March 19, 2017, 03:25:56 PM
 #16

RogerVer's BU is lonesomely incompetent. Expect a reversal back to Bitcoin Core soon. Last chance to buy under $1000 before the rocket leaves the launch pad to $2000+. (Caveat, make sure my linked point is technically correct first ... I'm waiting peer review...)

Bitcoin Unlimited is doomed now that I've shown it is based on faulty math. This is fundamental and the entire concept of unlimited block size is flawed. Once the market digests my revelation, there will be dumping of mining nodes for Bitcoin Unlimited. Roger Ver you really need to get better peer review of the projects you support. You are making so many YUGE technical errors and promulgating incorrect technical information. Shame on you.
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March 19, 2017, 03:28:32 PM
 #17

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

Do you have any idea what is the reason behind this hard crash?? It's really bad seeing bitcoin in this stage to lose it's "$1000 bottom", the crash of -$310 within few days is drastic and it's really for panic, I'm afraid that the price will not be stable even in the upcoming weeks and who knows what's the next bottom price for bitcoin, too much panic, for real.

Its so afraid. Value is lower than 1000$ now. I do not if this crash continues in upcoming days. Trading will affect a lot than other btc commodities. It was been stable rise from the end of January but now become volatile again.
just like many said its just a trap for those who are just newbie inside this system, as fluctuation will continue to happen and those who have a big nerved
will win from this investment, whatever happen just be patient and continue watching it will move up again for sure.
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March 19, 2017, 03:52:32 PM
 #18

i would think that the drop from $1100 yesterday to as of this thread is started $950, is a trap for sellers because looking at its popularity, it is not the first time bitcoin being volatile. unless bitcoin price drops to ~$850 within a day, it could be unnecessary to sell your bitcoins for some of the people will buy again.
what is Bitcoin Unlimited though? Huh

Do you have any idea what is the reason behind this hard crash?? It's really bad seeing bitcoin in this stage to lose it's "$1000 bottom", the crash of -$310 within few days is drastic and it's really for panic, I'm afraid that the price will not be stable even in the upcoming weeks and who knows what's the next bottom price for bitcoin, too much panic, for real.

Its so afraid. Value is lower than 1000$ now. I do not if this crash continues in upcoming days. Trading will affect a lot than other btc commodities. It was been stable rise from the end of January but now become volatile again.
just like many said its just a trap for those who are just newbie inside this system, as fluctuation will continue to happen and those who have a big nerved
will win from this investment, whatever happen just be patient and continue watching it will move up again for sure.

Agree, because price fluctuation happens in everything. it is hurting that price has gone down. but what one can do is wait for some more days then everything will be alright. from past 2 years we have seen ups and down but what i have observed is the price will not go much lower as it was on 5 years back.
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March 19, 2017, 04:22:07 PM
 #19

The fact is goodbye to $1,000 above and i think the price right now will still stay at the $1k below..
Much more interesting right now altcoin are getting more higher that honestly we don't experience before..  Look for the dash and ETH was active these days  and the movement is really gives you good profit if you bought them in the cheap price..
Lol you keep dreaming bitcoin will still remain at top no matter what you say no matter if the price drops back to 850$ that's
the only disadvantage bitcoin has as many countries are against it and that's why it keeps getting huge dumps if this would
actually happen with any altcoins like eth or anything they wouldn't have recovered for months while for bitcoin it takes only
few weeks
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March 19, 2017, 05:28:26 PM
 #20

That is just a trap and nothing real behind this drop so market expert already talking about this drop. So price will be back there  from it dropped.
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