mr.mister (OP)
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March 24, 2017, 10:41:14 PM |
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What's causing this drop?
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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jubalix
Legendary
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Activity: 2618
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March 24, 2017, 10:47:28 PM |
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My view is its that any needful dev will face the same impass as the blocksize debate, so people are looking elsewhere for solutions.
Dash has a dev consensus and insta send, but a huge issue will premine, However dash has hooked in the MN (miners of dev) to want to act in a unified manner by offering a % income which also has made coin scarcity.
Eth has not so big an issue. Though it did have its DOA debacle
Why would people come back to BTC?
It quite amazing to watch the BTC community squander billions in value. Eventually the miners will be left with bricks at this rate, and core or bu wont matter.
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OneUnderBridge
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March 24, 2017, 10:48:20 PM |
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The market has a mind of its own. I don't think anybody has enough power to manipulate the market without community involvement. It just may be the right time for the market to correct itself for awhile. Don't get feared and do anything rash!
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mr.mister (OP)
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March 24, 2017, 10:49:56 PM |
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My view is its that any needful dev will face the same impass as the blocksize debate, so people are looking elsewhere for solutions.
Dash has a dev consensus and insta send, but a huge issue will premine, However dash has hooked in the MN (miners of dev) to want to act in a unified manner by offering a % income which also has made coin scarcity.
Eth has not so big an issue. Though it did have its DOA debacle
Why would people come back to BTC?
It quite amazing to watch the BTC community squander billions in value. Eventually the miners will be left with bricks at this rate, and core or bu wont matter.
Yes, retarded! I just can't figure why they can't come to some agreement instead of making a pissing contest.
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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giveen
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March 24, 2017, 10:52:48 PM |
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It basically because the number of buyers are less than number of sellers . If you see on BFXdata it shows that sells account for 52% of trades and 55% of trades are of selling on bitfinex platform, this surely the aftermath of china's inspecting exchanges or maybe there is some other reason
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andyatcrux
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Activity: 938
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March 24, 2017, 10:53:20 PM |
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This belongs on the Speculation board, or better yet just joining one of the already dozen or so existing threads in the Speculation section. Oh how I miss newbie jail.
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mindrust
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Activity: 3234
Merit: 2417
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March 24, 2017, 10:55:54 PM |
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It is a cauldron of sharks out there right now.
ETH or DASH has absolutely no advantage over bitcoin core, they are randomly chosen by the greedy sharks to lure people in.
This recent dump has no reason or whatsoever. It is a manipulation that's all. Just don't fall for it, hold your bitcoins tight and all will be fine.
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mr.mister (OP)
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March 24, 2017, 10:56:13 PM |
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This belongs on the Speculation board, or better yet just joining one of the already dozen or so existing threads in the Speculation section. Oh how I miss newbie jail.
oh just stop being a bad sport.
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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countryfree
Legendary
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Activity: 3052
Merit: 1047
Your country may be your worst enemy
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March 24, 2017, 10:57:44 PM |
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The blocksize debate isn't the issue here. It's been going on for nearly 2 years and BTC's price has been rising most of the time. What's scaring everybody is that we've finally come to the point where real decisions may be taken. Some people are talking of a hard fork, while some others are talking about updating the proof-of-work algorithms which are at the roots of BTC. These are major changes, and investors don't like change... Even when most users agree that changes are badly needed.
You have to think long term. Price may keep on going down before the future is visible.
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I used to be a citizen and a taxpayer. Those days are long gone.
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maydna
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March 24, 2017, 11:05:46 PM |
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actually i don't know what is happen in out there and i only watch something in the market, i think its because supply and demand in market have big gap and there is people which have much of bitcoin giving a support into the market so this could be make the market have much of bitcoin and the price is now down in under $1xxx. its about the economy law, when the supply is more big than demand, then the price will be drop and its the same with what happen for high demand then the price will be high too. i can only thinking like this since i don't know until the details info about hard fork, the proof-of-work algorithms, who is the investors, the miners, its too far for myself which is still new person in bitcoin industry.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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March 24, 2017, 11:32:18 PM |
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It is a cauldron of sharks out there right now.
ETH or DASH has absolutely no advantage over bitcoin core, they are randomly chosen by the greedy sharks to lure people in.
This recent dump has no reason or whatsoever. It is a manipulation that's all. Just don't fall for it, hold your bitcoins tight and all will be fine.
It has always been the same -- panic results in people dumping like there is no tomorrow, where they buy back at higher levels when all drama has been left behind. It's called sell low buy high. I am watching the price go down with great interest as it's quite tempting to buy back some coins I sold at +$1200 levels. I will pull the trigger if the price dumps under $900 as I am not really in need of any coins right now. It feels good to sit on my fiat for a longer while.
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mr.mister (OP)
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March 24, 2017, 11:38:33 PM |
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some news stories are saying it's going to $735!. Wow!
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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lottery248
Legendary
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Activity: 1568
Merit: 1005
beware of your keys.
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March 24, 2017, 11:40:52 PM |
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some news stories are saying it's going to $735!. Wow!
it was, backing to the early 2014~2015 when bitcoin reached the all time high then dropped to ~$200. that will be unlikely happen because bitcoin has a better stable popularity compared to the past.
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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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quake313
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March 24, 2017, 11:45:45 PM |
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some news stories are saying it's going to $735!. Wow!
This has been predicted for some time now $700-800 range. There are forces which would like to see sub $500 to bring miners to their knees and a conclusion of the blocksize debate.
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mr.mister (OP)
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March 24, 2017, 11:50:32 PM |
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some news stories are saying it's going to $735!. Wow!
This has been predicted for some time now $700-800 range. There are forces which would like to see sub $500 to bring miners to their knees and a conclusion of the blocksize debate. Some miners need to be kicked in the balls with steel toe boots.
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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quake313
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March 24, 2017, 11:58:08 PM |
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some news stories are saying it's going to $735!. Wow!
This has been predicted for some time now $700-800 range. There are forces which would like to see sub $500 to bring miners to their knees and a conclusion of the blocksize debate. Some miners need to be kicked in the balls with steel toe boots. Colorful description What's causing this drop?
Irrational fear. Great answer
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Skarner21
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March 25, 2017, 12:00:25 AM |
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I hope that the drop will not go more in below $900 or even exact in $800 is enough i think since we are just seen the price of bitcoin last year is above $700 .. and this is a new level of bitcoin that can stay for too long. When ETF is rejected. that honestly its looks like a props just to stay the bitcoin high for now.. before they attack to sell all their bitcoins..
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Make crypto as your bank.
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topper26
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March 25, 2017, 12:19:36 AM |
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Good grief people pull up your panties and press on. Be fearful when others are greedy and be greedy when others are feartful - Warren buffet. Let the price drop a bit buying opportunity. Panic sells, the dust will settle and eventually all will be well
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Meuh6879
Legendary
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Activity: 1512
Merit: 1011
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March 25, 2017, 12:21:06 AM |
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What's causing this drop?
Irrational fear. they really buy the alt ... why ? +17% for Bitcoin on Monday.
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Creepings
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March 25, 2017, 12:21:55 AM |
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some news stories are saying it's going to $735!. Wow!
I dont think it will drop that far. It may drop to $800 but I dont think it will go down that far. There are many users of bitcoins and there are still new people coming, so it will never drop so low. I think they are just giving other people a chance to buy their bitcoins while the price are at the three digits.
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