Roger Ver's trick to drop BTC to $1300: a call to whales to SELL NOW PLEASE!

[micalith]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

[Juggy777]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

Nope a big thumps down to your suggestion to sell, I would rather suggest to sell bcc and buy btc with it, I will tell you why, once csme implements future it's going to Mars, add on to it, sooner or later segwit2x will be implemented and then bcc will disappear from the market only matter of time before bcc is done away, so my suggestion sell bcc heavily and invest in Bitcoin, the future is being implemented by December, so this might be your last chance to get a huge price for your bitcoin in the near future.

[NUFCrichard]

Technical analysis is rubbish. 
Because the price fell to a higher level than you think would have been expected, it should now fall a further 75% from that expected level?

It makes no sense, not that the Bitcoin rises and falls make sense, but that is my point, technical analysis doesn't really work for Bitcoin. Also, why call for people to sell? Sell your Bitcoins and shut up!

[micalith]

Technical analysis is rubbish.  
Because the price fell to a higher level than you think would have been expected, it should now fall a further 75% from that expected level?

It makes no sense, not that the Bitcoin rises and falls make sense, but that is my point, technical analysis doesn't really work for Bitcoin. Also, why call for people to sell? Sell your Bitcoins and shut up!

Obviously I hope I'm wrong, like with the idea that ice caps with more heavy ice might increase the chances of 'earth-crust-displacement' apocalypse, such that more greenhouse gasses might save us.

But I think that it is an interesting hypothesis that they might be trying this. Apologies for the 'melodrama' dude. I like to spice it a wee bit. easy now

[ask]

BCH turned to pump&dump coin as i expected. Iths nothing more then a pump dump coin.
They pump and sell to get more profit. Now they are going to do this again and again. Until bitcoin hardfork. They have power and money to do this several times.

[WhatsBitcoin]

So basically, PLEASE SELL!!

lmao

[talkbitcoin]

So basically, PLEASE SELL!!

i am sorry you missed the chance to buy at the  dip but that is not going to happen. specially ridiculous prices such as $1300 will only happen in your dreams now or unless bitcoin is dead

there has been nothing new about this recent bitcoin drop as a matter of fact. it happens every couple of months. exactly the same way with nearly the same size.
you seriously need to check the charts before talking about "supports" and "retraces".

you think the first drop this year from $1100 to $750 (31%) was any different than this?
how about $1350 to $890 (34%)
or $2900 to $1900 (34%)
or $4800 to 3100 (35%)
now $7800 to 5500 (29%)

these percentages are not coincidence! these are the corrections, retrace, crash, bubble bursting, or whatever you want to call each and everyone of them.

[tokeweed]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

Cool story bro.  But no, there are other forces now involved in Bitcoin that are bigger than Roger Ver and Jihan Wu.  I def think those forces are connected to the criminal underground who are falling in love in cryptocurrencies.  This is a money laundering playground for them.  So there isn't really any other direction for BTC but up.

[karmakeddon]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

Well Roger Ver and Jihan Wu would love to have you by their side. I mean, why advocate selling when you yourself are not selling your own coins? As of the moment, these two names are not the biggest personalities involved in bitcoin. There are a lot more people, who may be just silent wielding a bigger stick than both of these. The only way for bitcoin is to go up.

[ragnar0k]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

Here's your answer on who stopped the dip, dont panic
http://www.zerohedge.com/news/2017-11-13/mysterious-bitcoin-dip-buyer-identified

[micalith]

So basically, PLEASE SELL!!

lmao

 

So basically, PLEASE SELL!!

i am sorry you missed the chance to buy at the  dip but that is not going to happen. specially ridiculous prices such as $1300 will only happen in your dreams now or unless bitcoin is dead

there has been nothing new about this recent bitcoin drop as a matter of fact. it happens every couple of months. exactly the same way with nearly the same size.
you seriously need to check the charts before talking about "supports" and "retraces".

you think the first drop this year from $1100 to $750 (31%) was any different than this?
how about $1350 to $890 (34%)
or $2900 to $1900 (34%)
or $4800 to 3100 (35%)
now $7800 to 5500 (29%)

these percentages are not coincidence! these are the corrections, retrace, crash, bubble bursting, or whatever you want to call each and everyone of them.

29% is ~15% less than the previous 3 corrections. Maybe some more downside for my small percentage that's underwater.

Well Roger Ver and Jihan Wu would love to have you by their side. I mean, why advocate selling when you yourself are not selling your own coins? As of the moment, these two names are not the biggest personalities involved in bitcoin. There are a lot more people, who may be just silent wielding a bigger stick than both of these. The only way for bitcoin is to go up.

two exclamation marks usually implies a hint of either rage or humour. Up to you to decide which it was.





I did have a genuine worry for the possibility of this fearful scenario to be honest. I certainly want to be wrong, and to be convinced that it is wrong. I'm not yet convinced. Partially because, although I'm not a fan of TA for Bicoin either, it's just that Tone Vays has been on such a roll lately that i'm reluctant to accept that it's over, given his prediction of testing $5k.

[micalith]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

Here's your answer on who stopped the dip, dont panic
http://www.zerohedge.com/news/2017-11-13/mysterious-bitcoin-dip-buyer-identified

That's some nice news, but it doesn't change the hypothesis. Also, it suggests that if he did allot of the buying, that there might still be a allot of money still left on the sidelines waiting for one more lower dip. If it were to happen, I'd consider it more bullish for the long term, of never returning to these levels of cheap BTC.

[ragnar0k]

That's some nice news, but it doesn't change the hypothesis. Also, it suggests that if he did allot of the buying, that there might still be a allot of money still left on the sidelines waiting for one more lower dip. If it were to happen, I'd consider it more bullish for the long term, of never returning to these levels of cheap BTC.

Roger does not have enough money to influence BTC, and BTC market cap is too large. Its a lot easier with some financial backup to create peaks in BCH than in BTC given their market cap.
BTC has too many good news on the way, I think BCH has nothing more than a bunch of crazies to control it; institutions are struggling already with BTC, do you really think they will put their money on a coin controlled by people with such a track record?
The only argument you can make here is that BCH is funded by big financial institutions trying to control BTC, but if that was the case, I think BTC would be dead already

[micalith]

Roger does not have enough money to influence BTC, and BTC market cap is too large. Its a lot easier with some financial backup to create peaks in BCH than in BTC given their market cap.

Absolutely correct, though between him and his backers, they did have enough money to do a really good manipulation job of establishing the direct inverse correlation between BCH and BTC. Now the bots are doing his work for him, so they can manipulate the BTC price just by controlling the relatively illiquid BCH. I guess it's down to the big money backing Bitcoin (bigger than BCH) now to decide when to decouple this

BTC has too many good news on the way, I think BCH has nothing more than a bunch of crazies to control it; institutions are struggling already with BTC, do you really think they will put their money on a coin controlled by people with such a track record?
The only argument you can make here is that BCH is funded by big financial institutions trying to control BTC, but if that was the case, I think BTC would be dead already

True, but if the BCH camp manage to pump BCH high enough to incentivise enough miners to mine it, the damage that could do to BTC could be a real problem. I expect that some of the big money wanting to get into Bitcoin for the long run would like for this to happen so that they could buy into a prolonged BTC bear market reaching down well below $5k, whereas others would rather get in before the end of 2017 for a more immediate rise to $10k-$20k.

Of course BTC wins long term, but whether we have to suffer another multi-year bear winter or not before hitting $20k is still unclear. I only hope that the battle for big money getting in inevitably results in a big money FOMO movement

[hugeblack]

Roger Ver play it good

1) make $ price down.

2) use huge amount of BTC to make price keep down and increase fee .

3) use his money to increase price of BCH .

4) all this make many users go to BCH and miners find BCH better than BTC .

5) huge amount of unconfirmed transaction make many support BCH .

at final if bitcoin price was 4,000$ may be he win and destroy bitcoin for ever  (really not know why he loss ).

any way till now Roger Ver is big winner

[ragnar0k]

True, but if the BCH camp manage to pump BCH high enough to incentivise enough miners to mine it, the damage that could do to BTC could be a real problem. I expect that some of the big money wanting to get into Bitcoin for the long run would like for this to happen so that they could buy into a prolonged BTC bear market reaching down well below $5k, whereas others would rather get in before the end of 2017 for a more immediate rise to $10k-$20k.

Of course BTC wins long term, but whether we have to suffer another multi-year bear winter or not before hitting $20k is still unclear. I only hope that the battle for big money getting in inevitably results in a big money FOMO movement

Yes... transaction time will be the biggest risk. But BTC can definitely no longer afford to have a long 'winter' - if it does right now its dead. Even if BCH dies, regardless, money will flow back to gold/stocks and the credibility is lost forever, I don't think we will see 20k in bitcoin at that point - it will probably be remembered as atari when people will play with the new nintendo coin after a long time.

[CONANEDO]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

i will not sell my bitcoin,just to let other people buy my cheap bitcoin.bitcoin drop to $5000 because of people want to take profit from bitcoin cash and after they took their profit they sold bitcoin cash for bitcoin.as simple as that.

[F3arl3ss]

If bitcoin really does drop to $1300, I'm sure everyone and their mother would be going to buy some based off of current levels.  However, if it gets banned in certain countries (US/China/Japan/etc.) then the value may be forced downward buy lack of demand.  I don't think there's any reason to believe a crash in the near term has a high probability of occurring.

[aso118]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

$1300 is far, far away. Even if $5000 was not tested, there are a lot of other support levels. Moreover, if the price drops sharply  new investors will step in. There is no reason to expect a doomsday scenario.

[player514]

I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

I'm not sure what you mean with the second paragraph. Are you saying that it's dangerous because we haven't seen what the support at 5000 is? That shouldn't really matter if the support is so strong at 6000 right? Because in order to get to 5000, we need to reach 6000 first, considering we're coming from the top down. I'd only assume that more people would try to buy when a drop comes down to 5000.