China is dumping, prepare for crash.

[raymond541]

kwukduck can be right this time.guys don't think every time price will raise.If you have experience 2012 then you know what will can be happened.don't you think less than 1 year price increase 600% I think its insane.pump and dump= someone winner + someone loser  

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[talkbitcoin]

kwukduck can be right this time.guys don't think every time price will raise.If you have experience 2012 then you know what will can be happened.don't you think less than 1 year price increase 600% I think its insane.pump and dump= someone winner + someone loser 

no the duck is not right, and you are out of your mind
it wasn't 2012 and it was 2013 and price went up 500% in one month, how hard is it to understand the difference i wonder! and besides by that time bitcoin was tiny compared to today. it wasn't really accepted anywhere and people were mostly interested in it because they could solo mine it with their PC and make a lot of money.

and in this year price has barely reached 100% rise and in previous years we have had up to 200% rises without any major mainstream adoption that we have this year!

[South Park]

Guess what you morons, the same people sold you Bitcoins from $2780 down to $2065 are the ones buying them back from you much cheaper.

Now run off to sell more so they can get fatter, no one can see how they are manipulating us? let them dump and hold instead when you buy.

Selling in panic of a crash is what they are practicing as their daily jobs, next pump will be huge comparing to this last one I can predict

A $6000 price increase in next 3 month that's why I'm holding to my few coins that I have.

This is why we must try to avoid being manipulated by them, every time there is a bubble people try to sell at the top and then when they see a huge dump they sell their coins, but since bitcoin is going to reach in my opinion incredible amounts of money in the future any bitcoin that you hold could make a big difference in the future.

[moooonu]

Price hiked alot since the beginning of this month but now dumping of btc in market can lead to huge dump. As mentioned by another user in here it can get down upto 1600$.

[crairezx20]

I think the movement of the price still the same if what time the price will decrease just like before and few months again we will heard some news about  
there are trading site was hack that can push more back the price value.. since people don't want to lose their money they will sell almost all of their bitcoins and wait again for the cheap price..
But i don't see any big dump happen in china if its happen. i think they are supporting bitcoin.  well for now kwukduck is right that there is a dump happen..

[maku]

kwukduck can be right this time.guys don't think every time price will raise.If you have experience 2012 then you know what will can be happened.don't you think less than 1 year price increase 600% I think its insane.pump and dump= someone winner + someone loser 

no the duck is not right, and you are out of your mind
it wasn't 2012 and it was 2013 and price went up 500% in one month, how hard is it to understand the difference i wonder! and besides by that time bitcoin was tiny compared to today. it wasn't really accepted anywhere and people were mostly interested in it because they could solo mine it with their PC and make a lot of money.

and in this year price has barely reached 100% rise and in previous years we have had up to 200% rises without any major mainstream adoption that we have this year!

Bitcoin prior to 2013 was totally speculative asset with almost no real life usage. Every pump and dump was orchestrated attempt to earn money.
Today situation is quite different, we know what we can expect, adoption is growing, we have scaling solution at hand.
Bitcoin is viewed as safe have asset, a solid alternative economy is forming. China is no longer leading force of btc trading Japan is.

[alani123]

It wouldn't be too unlikely for china to be having a major impact on the recent events behind the crash that stopped the price from rallying but lets not forget how the spread between Bitfinex and exchangew tih no withdrawal issues pushed prices up at the begining of the rally. There's no indication that this was organic from the beginning.

[jason.mitchell1]

Hi,
What with all these dumps over the past days. If it is the Chinese, can someone please explain why they are dumping in one go? I just don't understand!

P.S: I am not new to this forum but something happened to my original account and couldn't login!

same at me lmao, just curious

[nethan1btc]

Guess what you morons, the same people sold you Bitcoins from $2780 down to $2065 are the ones buying them back from you much cheaper.

Now run off to sell more so they can get fatter, no one can see how they are manipulating us? let them dump and hold instead when you buy.

Selling in panic of a crash is what they are practicing as their daily jobs, next pump will be huge comparing to this last one I can predict

A $6000 price increase in next 3 month that's why I'm holding to my few coins that I have.

This is why we must try to avoid being manipulated by them, every time there is a bubble people try to sell at the top and then when they see a huge dump they sell their coins, but since bitcoin is going to reach in my opinion incredible amounts of money in the future any bitcoin that you hold could make a big difference in the future.

That is not within our control if it really happens the day in bitcoin if crash going to come, but at the same time if crashing at 1500, then it does  not matter that much that will still be a very high value and it will give to us an opportunity to buy bitcoin. I think that's deserving price to have now, I don’t think we are going to see ever again prices below 1000; because not all populations of china investors were dumping it all and it's also common thing thar had happened here in us even outside china also dumps bitcoin for harvesting the earned profit; we called freedom of finances.

[BitDane]

Guess what you morons, the same people sold you Bitcoins from $2780 down to $2065 are the ones buying them back from you much cheaper.

Now run off to sell more so they can get fatter, no one can see how they are manipulating us? let them dump and hold instead when you buy.

Selling in panic of a crash is what they are practicing as their daily jobs, next pump will be huge comparing to this last one I can predict

A $6000 price increase in next 3 month that's why I'm holding to my few coins that I have.

This is why we must try to avoid being manipulated by them, every time there is a bubble people try to sell at the top and then when they see a huge dump they sell their coins, but since bitcoin is going to reach in my opinion incredible amounts of money in the future any bitcoin that you hold could make a big difference in the future.

That is not within our control if it really happens the day in bitcoin if crash going to come, but at the same time if crashing at 1500, then it does  not matter that much that will still be a very high value and it will give to us an opportunity to buy bitcoin. I think that's deserving price to have now, I don’t think we are going to see ever again prices below 1000; because not all populations of china investors were dumping it all and it's also common thing thar had happened here in us even outside china also dumps bitcoin for harvesting the earned profit; we called freedom of finances.

I agree it is out of our control but the bitcoin we are holding is in our control.  So it is either we decided to exit or hold and wait for the upcoming pump.  Though I do not think that someone is dumping , but I believe that someone with a huge stash of bitcoin is trying to manipulate the price for his own profit.

[azguard]

Guess what you morons, the same people sold you Bitcoins from $2780 down to $2065 are the ones buying them back from you much cheaper.

Now run off to sell more so they can get fatter, no one can see how they are manipulating us? let them dump and hold instead when you buy.

Selling in panic of a crash is what they are practicing as their daily jobs, next pump will be huge comparing to this last one I can predict

A $6000 price increase in next 3 month that's why I'm holding to my few coins that I have.

This is why we must try to avoid being manipulated by them, every time there is a bubble people try to sell at the top and then when they see a huge dump they sell their coins, but since bitcoin is going to reach in my opinion incredible amounts of money in the future any bitcoin that you hold could make a big difference in the future.

That is not within our control if it really happens the day in bitcoin if crash going to come, but at the same time if crashing at 1500, then it does  not matter that much that will still be a very high value and it will give to us an opportunity to buy bitcoin. I think that's deserving price to have now, I don’t think we are going to see ever again prices below 1000; because not all populations of china investors were dumping it all and it's also common thing thar had happened here in us even outside china also dumps bitcoin for harvesting the earned profit; we called freedom of finances.

I agree it is out of our control but the bitcoin we are holding is in our control.  So it is either we decided to exit or hold and wait for the upcoming pump.  Though I do not think that someone is dumping , but I believe that someone with a huge stash of bitcoin is trying to manipulate the price for his own profit.

We are in control, now when price is stable we will see how will it be in next few days or weeks. Perhaps it will be next price rise but i dont think until that decision in September, will this be good or bad time will tell.

Until that think we will be in stable course after this crash, dont expect to go up so rapidly as this whole month.

[romero121]

No more dumping​ from China make a big impact on the price initiating a price crash. By the days of PBOC inspection the entire control from the hands of China went away. Now I believe Japan can manipulate as it has got a huge investment on bitcoin.

[pitham1]

No more dumping​ from China make a big impact on the price initiating a price crash. By the days of PBOC inspection the entire control from the hands of China went away. Now I believe Japan can manipulate as it has got a huge investment on bitcoin.

That is correct. If China dumps, we have Japan and South Korea to balance it out. The premium paid (over Bitcoin's price at international exchanges) by Japanese and Koreans is high.
China's loss will be Japan's gain.

[gentlemand]

That is correct. If China dumps, we have Japan and South Korea to balance it out. The premium paid (over Bitcoin's price at international exchanges) by Japanese and Koreans is high.
China's loss will be Japan's gain.

Korea is a bastard to get money in and out of. Japan is zero fee. I don't really think either place will be relevant to elsewhere until they open up and straighten out.

I love the thread headline though. Very retro. 

[RodeoX]

Is this the "crash"? Meh, come on we can do better than that. My gut says $1800.

[blackmagician]

Epic fail, another failure in predicting that there will be a crash in bitcoin price that will happen.
Just continue predicting bro there will be one time you might get it right.

[digaran]

Is this the "crash"? Meh, come on we can do better than that. My gut says $1800.

Your gut is bullshitting you bro, I'm looking at the price right now and all I can see is an increasing price unlike any crash I've ever seen, now my gut is telling me whenever you see a price lower than $2100 jump right on it as hard as possible, because we all can see how the market pumped to the moons around $2700, I'd take a risk and will go for at least $300 profit per coin.

[socks435]

Is this the "crash"? Meh, come on we can do better than that. My gut says $1800.

Your gut is bullshitting you bro, I'm looking at the price right now and all I can see is an increasing price unlike any crash I've ever seen, now my gut is telling me whenever you see a price lower than $2100 jump right on it as hard as possible, because we all can see how the market pumped to the moons around $2700, I'd take a risk and will go for at least $300 profit per coin.

For now its already been tested that we experience of below $2k past few days ago and i think the price really gives us a good amount of profit if you bought bitcoin at below $2k value and now its increased ..
Because i think many people are still believing that bitcoin price can be increase again back and i think there is a large help when japan announce that bitcoin is legal in their country..

[Chip-Dale]

Is this the "crash"? Meh, come on we can do better than that. My gut says $1800.

Your gut is bullshitting you bro, I'm looking at the price right now and all I can see is an increasing price unlike any crash I've ever seen, now my gut is telling me whenever you see a price lower than $2100 jump right on it as hard as possible, because we all can see how the market pumped to the moons around $2700, I'd take a risk and will go for at least $300 profit per coin.

For now its already been tested that we experience of below $2k past few days ago and i think the price really gives us a good amount of profit if you bought bitcoin at below $2k value and now its increased ..
Because i think many people are still believing that bitcoin price can be increase again back and i think there is a large help when japan announce that bitcoin is legal in their country..

I do not think it's worth stirring up so much because of Japan taking certain steps towards legalizing Bitcoin and I'm more than confident that this fact will benefit other countries. I can assure you that Bitcoin users will benefit from this.

[South Park]

Guess what you morons, the same people sold you Bitcoins from $2780 down to $2065 are the ones buying them back from you much cheaper.

Now run off to sell more so they can get fatter, no one can see how they are manipulating us? let them dump and hold instead when you buy.

Selling in panic of a crash is what they are practicing as their daily jobs, next pump will be huge comparing to this last one I can predict

A $6000 price increase in next 3 month that's why I'm holding to my few coins that I have.

This is why we must try to avoid being manipulated by them, every time there is a bubble people try to sell at the top and then when they see a huge dump they sell their coins, but since bitcoin is going to reach in my opinion incredible amounts of money in the future any bitcoin that you hold could make a big difference in the future.

That is not within our control if it really happens the day in bitcoin if crash going to come, but at the same time if crashing at 1500, then it does  not matter that much that will still be a very high value and it will give to us an opportunity to buy bitcoin. I think that's deserving price to have now, I don’t think we are going to see ever again prices below 1000; because not all populations of china investors were dumping it all and it's also common thing thar had happened here in us even outside china also dumps bitcoin for harvesting the earned profit; we called freedom of finances.

The price of bitcoin is outside of our control but what we can control is what we do with our bitcoin, also the price cannot get that low, because if many people saw the price to reach really low levels then many will begin to buy bitcoins in mass taking advantage of the price and with it, making the rice go up again, like always the law of supply and demand holds true.