gwestcot
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March 18, 2018, 02:15:33 PM |
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28+ percent inflation per month and a crypto bear market is what is making the price drop. I don't think I had as much of an affect as you think so I won't take credit for it. Remember it's compounding percent. So if you have 100 coins, you have 107 after first week. Then 114.49 after second week. 122.5043 third week. 131.079601 fourth week = 31.07% inflation per month Hence the reason why I put 28+... I didn't feel like doing the math so I added a plus.
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Vlad2Vlad
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March 18, 2018, 02:18:00 PM |
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Well, to know that the huge drop has been due to one big dumper, gwestcot, is paradoxically a bullish news, since it means that in principle BTX holders have not a generalized attitude to sell, they are doing it now only as a consequence of the dumping wave originated by gwestcot. Once that emotional wave will be exhausted, price might start to rise again. Perhaps.
That’s absurd, Gregory only dumped something like 13,000 coins. Haha, you think this took weeks and is still driving the price down now? This is the trend and the trend is pointing lower yet.
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iwosh
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March 18, 2018, 02:18:08 PM |
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The price is now very low, 97K sat. Should we buy some? What are your opinions? If Bitcoin continues to fall, will BTX fall?
anything under 100k sats is a steal deal, no reasonable person will sell for this price, even free airdrop money will have much higher value. For BTC i think it is a very good time to buy. For fiat I am waiting for BTC to drop a bit more.
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gwestcot
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March 18, 2018, 02:21:10 PM |
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As far as my dump being that damaging... I dumped on March 2/3. The coin had already started the tumble downwards. Trust me this is more about the bear market and the inflation than it is about my dump. I only had 13.5k coins so there is no way that I could really affect the market that much. I sold in the 15-20 dollar range and for me that was still an amazing price. Most of my BTX was acquired very cheap before anybody even knew about BTX. As far as me being vocal about it...well too bad.
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Vlad2Vlad
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March 18, 2018, 02:21:42 PM |
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The price is now very low, 97K sat. Should we buy some? What are your opinions? If Bitcoin continues to fall, will BTX fall?
anything under 100k sats is a steal deal, no reasonable person will sell for this price, even free airdrop money will have much higher value. For BTC i think it is a very good time to buy. For fiat I am waiting for BTC to drop a bit more. BTC and the entire market is crashing - don’t underestimate the emotional state of desperate and confused “investors”. We haven’t even seen capitulation yet and some top alts are already down 70%. It’s gonna get uglier before it gets better.
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iXcoin - Welcome to the F U T U R E!
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Vlad2Vlad
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March 18, 2018, 02:23:35 PM |
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As far as my dump being that damaging... I dumped on March 2/3. The coin had already started the tumble downwards. Trust me this is more about the bear market and the inflation than it is about my dump. I only had 13.5k coins so there is no way that I could really affect the market that much. I sold in the 15-20 dollar range and for me that was still an amazing price. Most of my BTX was acquired very cheap before anybody even knew about BTX. As far as me being vocal about it...well too bad.
Bingo. I remember you dumping and it did nothing to the price. The best alts like Ripple, ETH, Dash, etc, are down ~70% and still dropping. Gregory, did you do that? lol
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9ine
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March 18, 2018, 02:26:04 PM |
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looks promising !
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gwestcot
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March 18, 2018, 02:28:16 PM |
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The price is now very low, 97K sat. Should we buy some? What are your opinions? If Bitcoin continues to fall, will BTX fall?
anything under 100k sats is a steal deal, no reasonable person will sell for this price, even free airdrop money will have much higher value. For BTC i think it is a very good time to buy. For fiat I am waiting for BTC to drop a bit more. BTC will definitely retest 6k and if it falls below that then there isn't much to catch us from falling to 3-4k. I think this bear market is going to last much longer than people think. It may in fact be similar to 2013-2015. That is just my opinion and it is just my gut feeling. But as much as I love crypto it just wasn't ready for mass adoption on this go around. I really think that the big players, mainly Bitcoin Cash, are potentially paying exchanges to not list BTX. I have heard rumblings of things like this occurring but I have no proof and again it is just a hunch so don't take it as gospel.
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gwestcot
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March 18, 2018, 02:28:54 PM |
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As far as my dump being that damaging... I dumped on March 2/3. The coin had already started the tumble downwards. Trust me this is more about the bear market and the inflation than it is about my dump. I only had 13.5k coins so there is no way that I could really affect the market that much. I sold in the 15-20 dollar range and for me that was still an amazing price. Most of my BTX was acquired very cheap before anybody even knew about BTX. As far as me being vocal about it...well too bad.
Bingo. I remember you dumping and it did nothing to the price. The best alts like Ripple, ETH, Dash, etc, are down ~70% and still dropping. Gregory, did you do that? lol I am fantastically rich if I could do such a thing. I guess I would claim it if I did it.
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Texacha
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March 18, 2018, 02:29:28 PM |
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I think that Bitcoin Cash (Roger Ver & co) doesn't even know that BTX exist. Telling that they are "pay someone to not list BTX" is naive.
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I have no affiliate link, no bounty, no signature campaign... Only Proof Of Work!
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honghaisea
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March 18, 2018, 02:31:02 PM |
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The price is now very low, 97K sat. Should we buy some? What are your opinions? If Bitcoin continues to fall, will BTX fall?
Yes, BTC will drag down alts at least a few more weeks. That’s why I’ve been warning everyone since about $14 that the price was likely going to $5 or lower. So you mean is that we can't buy it now. If the price is lower than $5, can we buy it? or buy at he price lower then $5
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gwestcot
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March 18, 2018, 02:35:52 PM |
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I think that Bitcoin Cash (Roger Ver & co) doesn't even know that BTX exist. Telling that they are "pay someone to not list BTX" is naive.
I am going to have to hunt the video down but I am pretty sure Roger Ver commented about BTX in a video maybe 6+ months back. Plus this business is very very dirty behind the scenes.
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~Money~
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March 18, 2018, 02:37:36 PM |
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The price is now very low, 97K sat. Should we buy some? What are your opinions? If Bitcoin continues to fall, will BTX fall?
anything under 100k sats is a steal deal, no reasonable person will sell for this price, even free airdrop money will have much higher value. For BTC i think it is a very good time to buy. For fiat I am waiting for BTC to drop a bit more. actually according to trend, it is not a good time yet, price might flies down more and more in next few weeks or even months, and if it test below 7k, then it will be open to test 4k or 3k afterward, but it will be horrible only for new comers, we, the crypto citizens already know that it is normal and before the next big bounce we will have this dip, according to bitcoin prices since 2011, each bounce is around 20x in price, and next bounce will be a huge success for btc or bch, which ever takes the market
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Texacha
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March 18, 2018, 02:47:22 PM |
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I am going to have to hunt the video down but I am pretty sure Roger Ver commented about BTX in a video maybe 6+ months back. Plus this business is very very dirty behind the scenes.
He like to call "Bitcoin" as "Bitcoin core"
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I have no affiliate link, no bounty, no signature campaign... Only Proof Of Work!
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jmvarner83
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March 18, 2018, 03:12:02 PM |
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The price is now very low, 97K sat. Should we buy some? What are your opinions? If Bitcoin continues to fall, will BTX fall?
anything under 100k sats is a steal deal, no reasonable person will sell for this price, even free airdrop money will have much higher value. For BTC i think it is a very good time to buy. For fiat I am waiting for BTC to drop a bit more. actually according to trend, it is not a good time yet, price might flies down more and more in next few weeks or even months, and if it test below 7k, then it will be open to test 4k or 3k afterward, but it will be horrible only for new comers, we, the crypto citizens already know that it is normal and before the next big bounce we will have this dip, according to bitcoin prices since 2011, each bounce is around 20x in price, and next bounce will be a huge success for btc or bch, which ever takes the market Yeah, 20x jump in BTX from $5 would be nice later in the year
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gwestcot
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March 18, 2018, 03:13:54 PM |
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I am going to have to hunt the video down but I am pretty sure Roger Ver commented about BTX in a video maybe 6+ months back. Plus this business is very very dirty behind the scenes.
He like to call "Bitcoin" as "Bitcoin core" naw he specifically was talking about Bitcore. He said something along the lines of pump and dump but maybe that was richard heart. I can't remember.
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Tarek4080
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March 18, 2018, 03:26:01 PM |
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Sorry I’m slipping. aaaand... I’M DUMPING!!! Hi Vlad2Vlad, I know you are sleeping and dumping at a time.. Can you please give us a current market analysis and what will be the potential scenario of BTX at the end of 2018...
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Vlad2Vlad
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March 18, 2018, 03:41:56 PM |
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I think that Bitcoin Cash (Roger Ver & co) doesn't even know that BTX exist. Telling that they are "pay someone to not list BTX" is naive.
I talked to Ver about BTX for about an hour last night. He sounded neutral and very busy with other projects. Hopefully he’ll take a closer look. Wright is the major force behind BCH and I brought BTX up to him as well but he’s BCH only. At least for now.
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Vlad2Vlad
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March 18, 2018, 03:43:25 PM |
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Sorry I’m slipping. aaaand... I’M DUMPING!!! Hi Vlad2Vlad, I know you are sleeping and dumping at a time.. Can you please give us a current market analysis and what will be the potential scenario of BTX at the end of 2018... $1,000+. Hopefully by then I’ll stop DUMPING!!!
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iXcoin - Welcome to the F U T U R E!
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