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Author Topic: China is dumping, prepare for crash.  (Read 5770 times)
kwukduck (OP)
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May 26, 2017, 02:07:13 PM
 #1

With China pushing this entire rally leading the price with +10-15% we can be sure to see big dumps now that the Chinese prices are UNDER the US/EU prices and falling further.

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May 26, 2017, 02:16:26 PM
 #2

Except that the trades are Euros, dollars, and Yen. China lost it's seat as the center of gravity in the last two months. However a big sell-off in China would still send markets down, so I am hopeful for a correction down to -$2k levels. That would be buy sign to me. I could even imagine a $1700-$1600 range crash.

Fund your accounts. If it happens it may not last long!

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May 26, 2017, 02:20:32 PM
 #3

That's the spirit Kwuk! Keep calling for a crash and, damn it, one day you'll get it right!

If you aren't the sole controller of your private keys, you don't have any bitcoins.
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May 26, 2017, 02:22:44 PM
 #4

Maybe these are the miners cashing out their caches.

Anyway we should expect a crash really, it's just a never ending cycle of ups and downs.

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May 26, 2017, 02:56:40 PM
 #5

Every single post you make is a relentless stream of claiming that the market will crash soon.  When you're right you'll boast and your ego will get better; when you're wrong you'll keep going until eventually you get one right again.  Even if you got every single one right, it would be called probability.

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May 26, 2017, 03:07:30 PM
 #6

That's the spirit Kwuk! Keep calling for a crash and, damn it, one day you'll get it right!
The day in which bitcoin is going to crash is going to come but at the same time if bitcoin crashes to lets say 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 at reasonable levels, I don’t think we are going to see ever again prices below 1000.

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May 26, 2017, 03:18:54 PM
 #7

That's the spirit Kwuk! Keep calling for a crash and, damn it, one day you'll get it right!
The day in which bitcoin is going to crash is going to come but at the same time if bitcoin crashes to lets say 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 at reasonable levels, I don’t think we are going to see ever again prices below 1000.

I agree. I'm ready for the crash (and I'm quite sure it's coming soon). It will be a nice opportunity to buy more BTC before it's too late to do so. Because even if it crashes, Bitcoin will go a long way after that. Probably way higher than 2500$.
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May 26, 2017, 03:21:23 PM
 #8

That's the spirit Kwuk! Keep calling for a crash and, damn it, one day you'll get it right!

100% gain and a 5% correction = DOOOOOOM!! My God he's got a gift folks. He got this one so right I can't even believe it. If only I always listened to kwukduck I would have maybe $50 in fiat instead of $500 in bitcoins. Then I'd never be worried about a crash. Roll Eyes
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May 26, 2017, 03:23:28 PM
 #9

I could even imagine a $1700-$1600 range crash.

This would be very bad for my business, i sincerely hope that the price does not fall to $1700

@Holliday

"one day you'll get it right!"

ha ha ha

this can not happen


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May 26, 2017, 03:25:38 PM
 #10

Oh boy, looks like it's that time of the year again where kwukduck does another crashing prediction:




I wonder how many times does he need to be wrong, to finally be right, and when finally he is right, what merit does it have?

Kwuduck as a price predictor is a walking joke at this point.
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May 26, 2017, 03:25:51 PM
 #11

When the Duck is kwucking, I know Bitcoin is doing very well. His masters wants him to sound the alarm bells, when prices goes wild. They hope

by doing that, the price will come down again. We know how these shills operate, and we actually wait for them to crawl out of their hiding, when

the price spikes happens. The global fiat economy crash every 10 years, let's warn people about that too....  Grin Grin Grin Grin

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May 26, 2017, 03:39:58 PM
 #12

That's the spirit Kwuk! Keep calling for a crash and, damn it, one day you'll get it right!
Throwing multiple blind balls may hit bulls' eye one day but this time too kwukduck is proving himself wrong as I could not find any solid reasons for China to leave off their bitcoin stashes. It is obvious that everybody is getting better benefits with higher prices and right now those who are looking for immediate benefits are selling their holding. This must be the reason we are seeing corrections.

Among these corrections, prices are staying strong above $2250 levels. As long as $2200 is holding we are not going to see any crashes but anytime prices may give us another ATH, yes another wave may hit into $2900+ levels.

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May 26, 2017, 03:44:50 PM
 #13

That's the spirit Kwuk! Keep calling for a crash and, damn it, one day you'll get it right!
The day in which bitcoin is going to crash is going to come but at the same time if bitcoin crashes to lets say 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 at reasonable levels, I don’t think we are going to see ever again prices below 1000.

I think we should realize that bitcoin is free from any crash now.Even if it dips and few people dumps, you have investors ready to buy at the dumps and collect more bitcoins. Bitcoin prices now are very much stable above 2000$ and they will keep on moving to further levels.
I will suggest to buy more bitcoins as soon as you see some dip in prices.
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May 26, 2017, 03:48:59 PM
 #14

Let China dump some coins, its perfectly fine and actually I am one of those who are waiting for a big crash to happen to buy more Bitcoins at a low. Regardless if there's an impending big crash, Bitcoin price will find it's way up again, and those who bought coins during the crash will just cash in their profits. Either way, I see opportunities for holders of Bitcoins.
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May 26, 2017, 03:53:50 PM
 #15

...

 Grin

He needs some vacations, maybe going to china would do him good...

Breathing the air of china will do he good.

When the Duck is kwucking, I know Bitcoin is doing very well.

 Grin



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May 26, 2017, 04:14:28 PM
 #16

That is why China is out of the league right now, and there is just no way that you can really say that bitcoin will surely crash, Other countries are enjoying the price of bitcoin even though the banks for that country hates bitcoin, that particular countries had accept the use of bitcoin I think even though china would be long gone on the list there are still others that is keeping bitcoin really move!
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May 26, 2017, 05:04:04 PM
 #17

What we got after huge bull run was just a correction not a crash and I don't think we are in any types of bubble right now to expect big crash. Correction is normal after big pump like this.
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May 26, 2017, 06:28:53 PM
 #18

What we got after huge bull run was just a correction not a crash and I don't think we are in any types of bubble right now to expect big crash. Correction is normal after big pump like this.

Absolutely price correcting will be in order in next few days until its stable again, and then we will see will be up or down with the price. Im not worry yet i will start if and when price goes under 2000 but think that this correction will issues price as it is now 2200-2400 and this is perhaps best solution.



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May 26, 2017, 07:45:24 PM
 #19

I could even imagine a $1700-$1600 range crash.

This would be very bad for my business, i sincerely hope that the price does not fall to $1700

@Holliday

"one day you'll get it right!"

ha ha ha

this can not happen


That must mean that you are a productive member of the bitcoin economy! Unfortunately most users are just speculating. A speculation based economy is going to be a roller coaster.

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May 26, 2017, 08:27:06 PM
 #20

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!
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