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Author Topic: Check out how forum down time effected BTC price!  (Read 1371 times)
ImHash (OP)
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April 21, 2017, 09:57:03 PM
 #1

If you take a look at 24 hours chart at any source you would like you'll see right about the time forum went down price started to drop by the hour.

Hereby suggesting to investors and whales to support this forum more often with their donations if they want their coins stay high Cheesy

https://coinmarketcap.com/currencies/bitcoin/
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April 21, 2017, 10:22:43 PM
 #2

I think bitcoin price not related about forum down and slowly to acces
because bitcoin user still normal transaction without panic selling
so foum down not big effect to bitcoin price

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April 21, 2017, 10:44:04 PM
 #3

If you take a look at 24 hours chart at any source you would like you'll see right about the time forum went down price started to drop by the hour.

Hereby suggesting to investors and whales to support this forum more often with their donations if they want their coins stay high Cheesy

https://coinmarketcap.com/currencies/bitcoin/

I see no linked or connections at all. Why you said in the first place? May we know?

And besides, forum downtime affects only selected users and not the whole community. Also I see no price decrease just because of this even you look at all 24 price monitoring system at any chart provider or exchange.

Exchanges are the place where people do buy and sell with the instant effect of the price market and not on the forum where the only way is via person to person trades.
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April 21, 2017, 10:45:31 PM
 #4

I think bitcoin price not related about forum down and slowly to acces
because bitcoin user still normal transaction without panic selling
so foum down not big effect to bitcoin price

Me too, I dont think that the forum can't be accessed by us, members of the forum, can affect the bitcoin price. Bitcoin transactions are no made here, but it can be a cause or a reason to start such transaction. These forum is all about the information about bitcoin and not realted to prices at all. Maybe there is another reason for that but there are no way that these forum affected the bitcoin's price.

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April 21, 2017, 11:03:32 PM
 #5

This might be possible, because digital currencies are technology backed and were completely speculative. For this reason there​are chances of price getting affected due to the forum down time. Even if you consider the existing altcoins, speculations were much required to grow their value after ICO launch.

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April 22, 2017, 02:24:09 AM
 #6

Only $20 dollars if I'm reading those charts correctly it dropped from $1232 to $1212 from morning which is not that significant, not that this forum isn't important it's actually considered the heart of the community of cryptocurrencies but bitcoin is no longer a time sensitive project like many ICOs and new altcoins are.

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April 22, 2017, 02:31:29 AM
 #7

forum wasn't really down, it was a weird DOS attack that we can see theymost already fixed. i read that people could access bitcointalk through VPN and TOR!

funny thing is, nothing about price has changed it is still bitfinex leading the wave and bitstamp dumping the wave killing our buzz.

Buying the dip...
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April 22, 2017, 03:52:12 AM
 #8

Only $20 dollars if I'm reading those charts correctly it dropped from $1232 to $1212 from morning which is not that significant, not that this forum isn't important it's actually considered the heart of the community of cryptocurrencies but bitcoin is no longer a time sensitive project like many ICOs and new altcoins are.
Yeah, and that ain't nothing but a coincidence.  Bitcoin can flop around $50, and it's still no reason to attribute that to anything this forum did or did not do.  OP is acribing far too much power to bitcointalk.  This place is merely a horny girl's living room.  Bitcoin is the frigging emperor of Japan.

Having said all that, we're still acting kind of funky.  I'm trying my best to get a PayPal deal going, and I keep getting denied when I try to refresh the damn page.  Are we under attack or what?

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April 22, 2017, 04:20:28 AM
 #9

Only $20 dollars if I'm reading those charts correctly it dropped from $1232 to $1212 from morning which is not that significant, not that this forum isn't important it's actually considered the heart of the community of cryptocurrencies.
As far as i know if most of the traders are considered this forum as a reliable news to take more information or opinion regarding of bitcoin.

Don't you remember if this is a good place for shills to spread FUD around the forum and make more people gets panic caused by his FUD?

As like you said, This is the heart of a crypto community.

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April 22, 2017, 06:58:24 AM
 #10

Only $20 dollars if I'm reading those charts correctly it dropped from $1232 to $1212 from morning which is not that significant, not that this forum isn't important it's actually considered the heart of the community of cryptocurrencies.
As far as i know if most of the traders are considered this forum as a reliable news to take more information or opinion regarding of bitcoin.

Don't you remember if this is a good place for shills to spread FUD around the forum and make more people gets panic caused by his FUD?

As like you said, This is the heart of a crypto community.

What you are telling is only affecting the altcoin market Bitcoin market is now gone more above this type of FUD and the users are now more intelligent then before. So what OP is relating is not correct for Bitcoin price
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April 22, 2017, 07:59:12 AM
 #11

Seriously, why am I the only one seeing this? take another look and stop denying, price was going down for 10 hours that forum was inaccessible for most of the people and again started to rise back up since 6 hours ago exactly around the time when forum was accessible.
Lets DOS the forum again to see if I'm right, obviously you have no idea how does markets work, by emotion of course.
People felt tense started to go in negative direction but now we're heading upwards.
I guess I'm the only one noticing this.
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April 22, 2017, 08:13:03 AM
 #12

Seriously, why am I the only one seeing this? take another look and stop denying, price was going down for 10 hours that forum was inaccessible for most of the people and again started to rise back up since 6 hours ago exactly around the time when forum was accessible.
Lets DOS the forum again to see if I'm right, obviously you have no idea how does markets work, by emotion of course.
People felt tense started to go in negative direction but now we're heading upwards.
I guess I'm the only one noticing this.

Theirs no provable cause that is is but we can't erase the fact or fuds with that thing since bitcointalk is the main site where people go if they want to find something or get something. But remember mate bitcoins prices are normally going down and up since theirs stable for it at all and this is not the first time bitcointalk go down and surely it will comeback soon.

And theirs nothing we can do for peoplea emotion for this issue since theirs no exchangers,wallets,institution or whatsoever big names site who hold bitcoins has been compromised so just relax and maybe your tense about this thing occuring but let the admins work for this to be solve and fuds are just fuds.

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April 22, 2017, 08:15:26 AM
 #13

Seriously, why am I the only one seeing this? take another look and stop denying, price was going down for 10 hours that forum was inaccessible for most of the people and again started to rise back up since 6 hours ago exactly around the time when forum was accessible.
Lets DOS the forum again to see if I'm right, obviously you have no idea how does markets work, by emotion of course.
People felt tense started to go in negative direction but now we're heading upwards.
I guess I'm the only one noticing this.
Maybe you're the only one noticing because a very, very slight correlation doesn't equal a causation.  The change is only barely visible in the chart, maybe $20 or something, and that's just completely normal variation especially when it's rising so suddenly.  It's nothing to do with "how markets work".

Regardless, it was strangely half down rather than full on down.  I could access it, albeit very slowly and with some gaps, which I'm still getting today.

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April 22, 2017, 10:37:57 AM
 #14

People be like: guys its raining tomorrow. Bullish for bitcoin? Wink Guys I am doing the laundry tomorrow, is this bearish for bitcoin?
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April 22, 2017, 10:52:20 AM
 #15

forum wasn't really down, it was a weird DOS attack that we can see theymost already fixed. i read that people could access bitcointalk through VPN and TOR!

funny thing is, nothing about price has changed it is still bitfinex leading the wave and bitstamp dumping the wave killing our buzz.
I just came to know this problem, that's why I could access to the forum using vpn.
But, Op maybe right even a little bit. We will see bigger impact if bitcointalk forum go down for 1 day or 1 week for sure.
Many people which earning bitcoin through this forum will be panic sell theirs as they may worry what happen with bitcoin, just speculate.
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April 22, 2017, 11:17:03 AM
 #16

If you take a look at 24 hours chart at any source you would like you'll see right about the time forum went down price started to drop by the hour.

that is just a funny coincidence and from what i have been reading, it seems like the downtime was only affecting parts of the world and not everyone.

glad to see price is staying up though.

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April 22, 2017, 12:56:01 PM
 #17

I don't think forum down time directly effects the price. Any noticeable price movements are likely coincidental. Most big players don't even post here I assume. 

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freedomno1
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Learning the troll avoidance button :)


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April 23, 2017, 10:05:24 AM
 #18

If you take a look at 24 hours chart at any source you would like you'll see right about the time forum went down price started to drop by the hour.

Hereby suggesting to investors and whales to support this forum more often with their donations if they want their coins stay high Cheesy

https://coinmarketcap.com/currencies/bitcoin/

Hackers love to DDOS this site but Theymos already has his custom forum build and bug bounties so downtime is pretty much all we see.
Kind of annoying but a part of it is the demand and number of people observing the forum is also higher during peak rallies.
Then people go back to sleep after it pops ^^.

Believing in Bitcoins and it's ability to change the world
leowonderful
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April 23, 2017, 10:12:23 AM
 #19

That's comparing two things that aren't the same. Although Bitcointalk is a lage center of discussion and communication, believe it or not people have other ways of talking about Bitcoin and we're not the center of the world. That being said, it is a nuisance when we're DDOSed and I wish people wouldn't do it to us.
btcdevil
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April 23, 2017, 10:35:25 AM
 #20

That's comparing two things that aren't the same. Although Bitcointalk is a lage center of discussion and communication, believe it or not people have other ways of talking about Bitcoin and we're not the center of the world. That being said, it is a nuisance when we're DDOSed and I wish people wouldn't do it to us.

I agree with your point that people have their own source of details about the bitcoin and only this forum is not the main part for the bitcoin information. Here in this forum we can get full details about the bitcoin and altcoins but the users are now very intelligent and they dont go with the scammers and other types of rumors
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