RoommateAgreement (OP)
|
|
April 03, 2017, 03:47:54 AM |
|
remember not so long ago bitcointalk was filled with altcoins shills who wanted to replace bitcoin? now where are they? i tell you where, getting dumped hard and prices fall like a stone. Dash: gone down -60%ETH: gone down -40%the dump is real now, everyone else who didn't beieve it is now getting crushed under the whales of these coins who pumped them and now are existing. and all the while, bitcoin has been getting stronger and stronger. and now bitcoin is back on track as we have all expected it to.stop listening to the lies told by altcoin pumpers and stick to bitcoin.
|
Buying the dip...
|
|
|
centralbanksequalsbombs
Sr. Member
Offline
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
|
|
April 03, 2017, 03:53:03 AM |
|
ETH: gone down -40%
Hey there roommateagreement - nice to see your post. To anyone who can help: how is he coming up with the -40% for Ethereum? Please help us see the calculation. No disrespect intended. Thank you in advance.
|
|
|
|
Goms
|
|
April 03, 2017, 03:57:05 AM |
|
Eth is not yet at -40% but with time it will get there as well. Better exit now while you still can.
|
|
|
|
RoommateAgreement (OP)
|
|
April 03, 2017, 04:00:23 AM |
|
haha, funny. Ok -39% sorry for rounding up the 1%. that surely makes a lot of difference to be dumped -39% not -40%
and here is the calculation if you are interested: [(0.0353-0.0579)/0.0579]*100 = -39%
or you can do it like [(0.0353/0.0579)-1]*100
|
Buying the dip...
|
|
|
sezecastronomine
Newbie
Offline
Activity: 24
Merit: 0
|
|
April 03, 2017, 04:03:18 AM |
|
remember not so long ago bitcointalk was filled with altcoins shills who wanted to replace bitcoin? now where are they? i tell you where, getting dumped hard and prices fall like a stone. Dash: gone down -60%ETH: gone down -40%the dump is real now, everyone else who didn't beieve it is now getting crushed under the whales of these coins who pumped them and now are existing. and all the while, bitcoin has been getting stronger and stronger. and now bitcoin is back on track as we have all expected it to.stop listening to the lies told by altcoin pumpers and stick to bitcoin. Not invested in neither of those alts, but I've gotta say just seeing Dash take a dip by over a half of its market price made my day
|
|
|
|
Nevis
|
|
April 03, 2017, 04:07:26 AM |
|
I think the really reasons why this altcoins is dumping down is bitcoins is gainings its price again in $1200 mark.As you may have observe when bitcoins price is at dumps altcoins like eth and dash are pumping its price and now thats bitcoins is gaining price again viceversa effect will happen.i think that is why and that is what i conclude in this happenings
|
|
|
|
sezecastronomine
Newbie
Offline
Activity: 24
Merit: 0
|
|
April 03, 2017, 04:15:43 AM |
|
I think the really reasons why this altcoins is dumping down is bitcoins is gainings its price again in $1200 mark.As you may have observe when bitcoins price is at dumps altcoins like eth and dash are pumping its price and now thats bitcoins is gaining price again viceversa effect will happen.i think that is why and that is what i conclude in this happenings
Meanwhile ripple is up by 100%, litecoin by 9%, bitshares by 30% and doge by 40%, what is life.
|
|
|
|
RoommateAgreement (OP)
|
|
April 03, 2017, 04:16:22 AM |
|
I think the really reasons why this altcoins is dumping down is bitcoins is gainings its price again in $1200 mark.As you may have observe when bitcoins price is at dumps altcoins like eth and dash are pumping its price and now thats bitcoins is gaining price again viceversa effect will happen.i think that is why and that is what i conclude in this happenings
the really real reason was that these altcoins were pumped and when an altcoin price is fake that means the bubble it is in will burst sooner or later. and as we see today, it is bursting hard. bitcoin was just an excuse they used, there is no other reason for them rising. this FUD thing with BU was a perfect set up for them to pump their coins with the moto of "we are replacing bitcoin". Meanwhile ripple is up by 100%, litecoin by 9%, bitshares by 30% and doge by 40%, what is life.
life is if you can join these when price is low and dump them hard when it is on top not waiting for them to go higher which will never happen.
|
Buying the dip...
|
|
|
coynedterm
|
|
April 03, 2017, 04:16:42 AM |
|
remember not so long ago bitcointalk was filled with altcoins shills who wanted to replace bitcoin? now where are they? i tell you where, getting dumped hard and prices fall like a stone. Dash: gone down -60%ETH: gone down -40%the dump is real now, everyone else who didn't beieve it is now getting crushed under the whales of these coins who pumped them and now are existing. and all the while, bitcoin has been getting stronger and stronger. and now bitcoin is back on track as we have all expected it to.stop listening to the lies told by altcoin pumpers and stick to bitcoin. Totally true , I was also wondering that why all the people were mad to Invest in ETH and DASH , I asked everyone that why all of you are investing your money in these two altcoins , they said that it will go at very high peak . But here the reality in the down of the price of the bitcoin was because the most of the altcoin trader Invested their BTC in the these two altcoins and that results into the more and more supply of the bitcoin in the internet market that results in to the down of the price in the bitcoin . Well king is king and no one can take pace of the bitcoin as the king of the internet virtual coin .
|
|
|
|
XVS
|
|
April 03, 2017, 04:17:45 AM |
|
That is a small drop, considering how high it pumped. You have to keep in mind that anything that goes up needs to go down.
|
|
|
|
shamzblueworld
|
|
April 03, 2017, 04:28:45 AM |
|
i tell you where, getting dumped hard and prices fall like a stone. Dash: gone down -60% ETH: gone down -40%
the dump is real now, everyone else who didn't beieve it is now getting crushed under the whales of these coins who pumped them and now are existing.
and all the while, bitcoin has been getting stronger and stronger. and now bitcoin is back on track as we have all expected it to.
stop listening to the lies told by altcoin pumpers and stick to bitcoin.
Just a quick question(sorry for being off topic a little), is ZCash also in the same league as the above two? Because it has been getting dumped hard as well.
|
|
|
|
sezecastronomine
Newbie
Offline
Activity: 24
Merit: 0
|
|
April 03, 2017, 04:30:32 AM |
|
I think the really reasons why this altcoins is dumping down is bitcoins is gainings its price again in $1200 mark.As you may have observe when bitcoins price is at dumps altcoins like eth and dash are pumping its price and now thats bitcoins is gaining price again viceversa effect will happen.i think that is why and that is what i conclude in this happenings
the really real reason was that these altcoins were pumped and when an altcoin price is fake that means the bubble it is in will burst sooner or later. and as we see today, it is bursting hard. bitcoin was just an excuse they used, there is no other reason for them rising. this FUD thing with BU was a perfect set up for them to pump their coins with the moto of "we are replacing bitcoin". Meanwhile ripple is up by 100%, litecoin by 9%, bitshares by 30% and doge by 40%, what is life.
life is if you can join these when price is low and dump them hard when it is on top not waiting for them to go higher which will never happen. Low price is one factor. Buying a significant stake post dip to have real impact on the hard dump is the second, equally just as important.
|
|
|
|
pooya87
Legendary
Offline
Activity: 3640
Merit: 11039
Crypto Swap Exchange
|
|
April 03, 2017, 05:21:02 AM |
|
oh god i didn't realize the dip had gotten this big! although it is expected from these coins. it has already happened too many times before, they get pumped in a short time then there is a huge dump coming down from the top and then it slows down a bit since traders buy the dips and it even goes back up in a couple of dead cat bounces and then slowly crawls back down to normal low price levels.
|
|
|
|
NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
April 03, 2017, 05:32:21 AM |
|
The 'Big' alts pumped massively and people made a lot of money out of it (not me!)
I wouldn't hold alts long term, none have ever shown that they have the ability to hold value over time. Bitcoin's possible fork did open the door to other coins, but that that hasn't happened means that the alt coin traders have lost interest and moved on to pumping lots of smaller coins, and ripple.
There isn't a bitcoin killer out there, no matter what happens to the prices short term. Crypto is reliant on Bitcoin to fail or succeed.
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
April 03, 2017, 05:32:32 AM |
|
not all coins are dumped, soem of them retain their pump and keep going higher, only the big one have been dumped hard so far
it was so clear that the money from bitcoin when to ETH and DASH, and for pumping again bitcoin you need to dump those that had an emission which was pretty crazy
ethereum for instance had 1300+ btc produce per day, this is almost matching the entire btc mining production...
|
|
|
|
jakelyson
Legendary
Offline
Activity: 2282
Merit: 1070
|
|
April 03, 2017, 05:47:02 AM |
|
Bad news for the bagholders of those coins. I would not hold coins for long if it get pumps like that even bitcoin. That is scary pump, and an obvious bubble. The most you can do is get in, make profit and get out.
|
|
|
|
tobacco123
|
|
April 03, 2017, 05:57:46 AM |
|
This is the traders moving their coins around to make their profit- so these can be considered as "noise" (althougth these are quite big noises). I guess all ethereum guys are at /place to built their logo with "$50", not knowing that it is already "$45"....
|
|
|
|
posternat
|
|
April 03, 2017, 06:22:55 AM |
|
remember not so long ago bitcointalk was filled with altcoins shills who wanted to replace bitcoin? now where are they? i tell you where, getting dumped hard and prices fall like a stone. Dash: gone down -60%ETH: gone down -40%the dump is real now, everyone else who didn't beieve it is now getting crushed under the whales of these coins who pumped them and now are existing. and all the while, bitcoin has been getting stronger and stronger. and now bitcoin is back on track as we have all expected it to.stop listening to the lies told by altcoin pumpers and stick to bitcoin. Well, rightly said. You see bitcoin price today. It is now going up with even more strongness. All the strong alts like Dash . ETH cant compete with bitcoins. They are just Pump and dumps. Only Bitcoin is the best.
|
|
|
|
talkbitcoin
Legendary
Offline
Activity: 1372
Merit: 1032
All I know is that I know nothing.
|
|
April 03, 2017, 08:42:12 AM |
|
don't worry, they will start to come out as soon as there is some reversal and they get desperate for another dead cat bounce to get their short term profit out. This is the traders moving their coins around to make their profit- so these can be considered as "noise" (althougth these are quite big noises). I guess all ethereum guys are at /place to built their logo with "$50", not knowing that it is already "$45"....
you mean $43 and the only reason why it is still up and kept up is that bitcoin price has gone up which makes the multiplication bigger otherwise it is getting dumped real hard.
|
|
|
|
buwaytress
Legendary
Offline
Activity: 2996
Merit: 3700
Join the world-leading crypto sportsbook NOW!
|
|
April 03, 2017, 08:48:57 AM |
|
I think the really reasons why this altcoins is dumping down is bitcoins is gainings its price again in $1200 mark.As you may have observe when bitcoins price is at dumps altcoins like eth and dash are pumping its price and now thats bitcoins is gaining price again viceversa effect will happen.i think that is why and that is what i conclude in this happenings
Correlative but not causative. More likely people were just buying up alts with their bitcoins after the mild BU panic, causing selling pressure and the false value increase in the alts. But as people recover their wits (and of course the temptation of getting back more bitcoins with those inflated alt prices) they've restored their holdings in bitcoin and the price has returned to pre-pump stages.
|
|
|
|
|