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Author Topic: We must work together to crash the price of all coins  (Read 787 times)
Jating
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January 25, 2019, 01:16:42 AM
 #41

We're way pass December now and I didn't see any significant drop until now so I think it safe to say that OP failed on his plans. Spreading FUD this way won't work as it is not enough to influence the market as well as even if you have a group that can off load 100 BTC it is not enough for it to influence the market maybe one exchange but not all of it. Panic selling starts when I whale off loads their holdings and of course the weak hands will follow the wave so groups like this on big market cap coins won't work. Maybe if you are working on a shitcoin you can short that trash.

Exactly, I guess the weak hands had left already and what's left in whales or speculators and really know how to play this game. Right now, it seems that we have touch the bottom already, as support around the $3500-$3600 is strong.

We even have news about a hack exchange, or even the Bitcoin ETF proposal by SolidX withdrawn and still the price didn't move negatively, the price is even on the green right now. I guess FUD isn't working as it used to be.
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January 25, 2019, 03:55:58 AM
 #42

We even have news about a hack exchange, or even the Bitcoin ETF proposal by SolidX withdrawn and still the price didn't move negatively, the price is even on the green right now. I guess FUD isn't working as it used to be.

Wow, I had no idea the SolidX application was withdrawn. You're right, the price didn't react at all to the news. I'm not sure if that means the market had already given up all expectations of approval (probably) or if the lack of reaction to bad news means the bear market is done (probably not).

This is what VanEck had to say on Marketwatch earlier today:

Quote
On CNBC, the chief executive of VanEck said the shutdown, coupled with some market concerns, meant the best option was to pull the filing.
“So, you know the SEC is affected by the shutdown [and] we were engaged in discussions with the SEC about the bitcoin-related issues, custody, market manipulation, prices, and that had to stop,” said Jan van Eck. He added that the companies plan to refile the application at a later date.

https://www.marketwatch.com/story/bitcoin-holds-firm-after-vaneck-and-solidx-pull-etf-proposal-2019-01-24

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January 25, 2019, 09:26:40 AM
 #43

People will sell off coins here at the end of the year to claim a big loss on their taxes.  But we need more than that.  We need bad news.  We need negative press stories.  We need security flaws to be "discovered", even if they don't really exist.

And why do we need this?

To get the prices down so I can buy in cheap to several coins, and then let them ride to BIG PROFITS on the next market cycle upswing!

Gotta get that dolla dolla bill, yo!  Smiley
Mate, be careful of what you say and tell because if we do that or if we will establish an organization or we will work together to change or manage the market with our own a decision to benefit us is most likely "manipulation". In bad cases, we would be able to be punished by the law if we do that since it can be considered as manipulation. But I can tell as well that we would not be able to that and we will just end up losing our capitals together.

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Thanasis
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January 25, 2019, 07:23:04 PM
 #44

People will sell off coins here at the end of the year to claim a big loss on their taxes.  But we need more than that.  We need bad news.  We need negative press stories.  We need security flaws to be "discovered", even if they don't really exist.

And why do we need this?

To get the prices down so I can buy in cheap to several coins, and then let them ride to BIG PROFITS on the next market cycle upswing!

Gotta get that dolla dolla bill, yo!  Smiley
Mate, be careful of what you say and tell because if we do that or if we will establish an organization or we will work together to change or manage the market with our own a decision to benefit us is most likely "manipulation". In bad cases, we would be able to be punished by the law if we do that since it can be considered as manipulation. But I can tell as well that we would not be able to that and we will just end up losing our capitals together.
There is no law we have to take against the price manipulators so its not a crime to do. Cheesy

But doing that is not much easier too,you need some billions to make some changes in the price chart and you may get losses if you are not buying back at the right time.

davis196
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February 04, 2019, 12:49:07 PM
 #45

People will sell off coins here at the end of the year to claim a big loss on their taxes.  But we need more than that.  We need bad news.  We need negative press stories.  We need security flaws to be "discovered", even if they don't really exist.

And why do we need this?

To get the prices down so I can buy in cheap to several coins, and then let them ride to BIG PROFITS on the next market cycle upswing!

Gotta get that dolla dolla bill, yo!  Smiley

I agree that we all have to sell and crash the prices of all altcoins.Why?Because they are useless.
But I'm not gonna do this just because you want to make some money out of pump&dump shit. Grin
Go find another "get rich quick" scheme.

eaLiTy
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February 04, 2019, 02:28:54 PM
 #46

To get the prices down so I can buy in cheap to several coins, and then let them ride to BIG PROFITS on the next market cycle upswing!
Looking at the current state of the market this is the cheapest price you can invest in bitcoin, you can have a fantasy about getting the coins at really cheap rates but for that you need to built your own time machine Tongue . It all depends upon how much you are willing to invest to get these big profits and how you are planning to cash out. Grin
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February 05, 2019, 10:09:40 AM
 #47

People will sell off coins here at the end of the year to claim a big loss on their taxes.  But we need more than that.  We need bad news.  We need negative press stories.  We need security flaws to be "discovered", even if they don't really exist.

And why do we need this?

To get the prices down so I can buy in cheap to several coins, and then let them ride to BIG PROFITS on the next market cycle upswing!

Gotta get that dolla dolla bill, yo!  Smiley

I agree that we all have to sell and crash the prices of all altcoins.Why?Because they are useless.
But I'm not gonna do this just because you want to make some money out of pump&dump shit. Grin
Go find another "get rich quick" scheme

I can't say that all altcoins are useless

For example, personally, I find Litecoin quite useful, even if for only "pump&dump shit". Kidding aside, if Bitcoin is to become something, it will most certainly have to do with a store of value. But a good store of value can't be a good means of payment at the same time as these things are mutually exclusive to a great degree. So we need an altcoin which would work as a means of payment with Bitcoin being a store of value. And this is where Litecoin fits in perfectly, without any kidding

bohr
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February 07, 2019, 01:52:34 AM
 #48

We're way pass December now and I didn't see any significant drop until now so I think it safe to say that OP failed on his plans. Spreading FUD this way won't work as it is not enough to influence the market as well as even if you have a group that can off load 100 BTC it is not enough for it to influence the market maybe one exchange but not all of it. Panic selling starts when I whale off loads their holdings and of course the weak hands will follow the wave so groups like this on big market cap coins won't work. Maybe if you are working on a shitcoin you can short that trash.

Exactly, I guess the weak hands had left already and what's left in whales or speculators and really know how to play this game. Right now, it seems that we have touch the bottom already, as support around the $3500-$3600 is strong.

We even have news about a hack exchange, or even the Bitcoin ETF proposal by SolidX withdrawn and still the price didn't move negatively, the price is even on the green right now. I guess FUD isn't working as it used to be.
I believe this as well, many are still expecting the price to crash even further but most of the weak hands already sold their coins, most of those which remain in the market will not sell their coins no matter what happens, so it is difficult to push the price down when people not only will not sell their coins but could buy the coins of the few weak hands remaining.
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February 07, 2019, 01:11:09 PM
 #49

Bitcoin is a unique phenomenon, and those who really understand what it is this, - they do only one thing - they continue to accumulate its reserves and increase the size of their deposits for whatever it costs them. All existing manipulations and speculations regarding Bitcoin are all created artificially in order to maximally rock the boat in which we all sit in order to get people to sell coins. Anyone who understands this - refers to all this very calmly.
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February 07, 2019, 02:30:00 PM
 #50

without asking for bad news, FUD has often happened since 2018, but every FUD bitcoin volume remains stable, I guess. if you want to buy, you can buy it now and don't need to expect bad news anymore. it's been 1 year, the price of bitcoin and crypto is gloomy and it's recovering time.

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February 07, 2019, 02:39:35 PM
 #51

OP is one of those people that would crash the price and then wouldn't buy due to fear of his own FUD.

@OP: Price is as cheap as you are going to see.... choo choo

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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