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Author Topic: some people love imagining doomsday when there is any drops!  (Read 547 times)
smyslov
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October 28, 2019, 01:28:28 PM
 #21

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

We love feeding the community with news, because there are investors who are just waiting a cue or the right time to buy and the right time to sell, I also experienced that waiting for a news to sell my coin, but of course we need to confirm the news, there's still some news that's not worth giving attention and there are news just to speculate, we need to be good at reading and understanding the news when it comes and how to comes.
The market movement very much tie up on the news that is coming.
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October 28, 2019, 02:46:17 PM
 #22

14% up in no time,so the recent drop was pure manipulation and targeted against the people who thinks that way of continuous drop in the near future.I didn't knew or read any news for the price drop and the rise as well in the current week.Lets hope for the best from now and will hang on at the price level of $10,000 until the next halve.

Yeah I understand the intention behind the manipulation but thanks to those whales who did this manipulation as the price pump is like a slap in the face of those fudders trying to pull the value further down with those illogical posts. But now we should not be too exited and just go with the trend instead of cashing out or selling off.


Those FUDs are just messing around. I'd like to celebrate these pumps but I am not sure if I would be happy after then. It is just like I am the one who have been manipulated by these changes. Nevertheless, hitting past above 10k isn't yet happening but a little celebration may be will do and full celebration are after it hit past. FOMOs are carefully watching out there.

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October 28, 2019, 02:58:30 PM
 #23

This is not new for people who are supporting other projects and not bitcoin directly. It seems as if some people just want the world to burn down and save themselves in the process. 9% drop in bitcoin isn't even a new thing nor is it even a scary one considering how many trenches have we dived head-first in the past years of bitcoin's existence. While this might be an overstatement on my part, the facts and evidences remain true and unchanged: bitcoin will not die that easy and it needs more than a million drop in price before it submits to that thought.
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October 28, 2019, 03:16:19 PM
 #24

I keep coming back to the days pre 2017 boom, when Jamie Dimon was the one big constant doomsday prophet, pouring scorn and ashes all over Bitcoin. Fraud? It won't end well? Can't remember the whole tirade.

And then later it emerges, JPMorgan totally went long at the dip(s), and totally FOMO'd into the market as their CEO was preparing the last rites. And then right at the top Dimon pretends to be remorseful of his comments.

So yeah, which is why I love seeing talk of capitulation and worried Tweets all over the place. It's almost like a sign telling me to get ready for some peak incoming.

oh man, the 30-40% drop that Jamie Dimon initiated in the market was so funny. he just said some bullsit in some interview and it seemed like every bitcoiner got super excited (excited for cheap prices to buy back) and started selling...
the best thing about him was the every time he kept saying he doesn't want to talk about bitcoin then continued talking about it Cheesy

There is a FOMO brewing...
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October 28, 2019, 03:18:34 PM
 #25

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios.
Yah, this happens every single time bitcoin poops out.  Lately I've been seeing all kinds of old bearish threads getting bumped--not necrobumped, but threads a few weeks old sort of predicting doomsday prices or big drops or whatever. 

I've also noticed this happens with stock market news, too.  If the Dow plunges a few hundred points, all of a sudden these pundits start telling us how low the market could go--and while it's true, what they're doing is basically predicting the weather.  If it's rainy today, there's a good chance it'll rain tomorrow.  Kind of like that, you know?  I've learned not to pay attention to such prognostications, because they're all just guesses.

Now that bitcoin jumped a few thousand bucks, I'm seeing a bunch of bullish threads.  And frankly I'd rather see those than the doomsday ones.

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October 28, 2019, 09:54:11 PM
 #26

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is normal human behaviour typical of people who just follow the crowd. When Bitcoin goes up, just people just forget the red days and get so carried away in the moment but when it dumps, it becomes another story of of loss and regret. Most people don't seem to understand the market and are just been blown around in any direction.
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October 29, 2019, 12:40:01 PM
 #27

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink
People create FUD when the market is bearish and try to convience that its just bubble and can burst anytime but as soon as the prices pumps they start speculating that it will cross $10k or so and again spread negativity when prices dumps.So we don't need to take care of them as btc response them with bouncing back and showing its potential to rise in worst time also.Have faith.
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October 30, 2019, 04:53:35 PM
 #28

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios.
Yah, this happens every single time bitcoin poops out.  Lately I've been seeing all kinds of old bearish threads getting bumped--not necrobumped, but threads a few weeks old sort of predicting doomsday prices or big drops or whatever. 

I've also noticed this happens with stock market news, too.  If the Dow plunges a few hundred points, all of a sudden these pundits start telling us how low the market could go--and while it's true, what they're doing is basically predicting the weather.  If it's rainy today, there's a good chance it'll rain tomorrow.  Kind of like that, you know?  I've learned not to pay attention to such prognostications, because they're all just guesses.

Now that bitcoin jumped a few thousand bucks, I'm seeing a bunch of bullish threads.  And frankly I'd rather see those than the doomsday ones.
On simple speaking they do just go with the flow and these are the things we do commonly see on this market.People do keep guessing on what would be the price on the next minute.
When i do see those bearish thread i do usually ignore it because im already tired to read that there were even people saying that the price would come to 0 or going back to 1k.
Some of them becomes to exaggerated into their guesses thats why they are already auto ignore on my part.Same goes with bullish ones since i dont mind too much neither the price would rose up or not since ive been shorting even on small gains.

R


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November 01, 2019, 08:45:17 AM
 #29

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink
People create FUD when the market is bearish and try to convience that its just bubble and can burst anytime but as soon as the prices pumps they start speculating that it will cross $10k or so and again spread negativity when prices dumps.So we don't need to take care of them as btc response them with bouncing back and showing its potential to rise in worst time also.Have faith.

Some people who creates FUD are those who missed the accumulation phase when the market was still down. And out of frustrations they will post something negative relevant to the current market condition trying to pull the price back down a little to help them get a good entry point.
Following those kinds of speculations and news doesn't give something, It'll just make you confused. And what's funny is, people tend to believe and take it as a serious matter.
 Better to follow good TA's instead.

R


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November 01, 2019, 12:08:48 PM
 #30


what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink
Im expecting for some u-turn of words on here  Grin. I actually laugh in front of my pc when i do able to read up some speculations

that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time.
Wondering on what would be their new speculations as of this moment.

Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid.
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November 01, 2019, 12:25:51 PM
 #31


what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink
Im expecting for some u-turn of words on here  Grin. I actually laugh in front of my pc when i do able to read up some speculations

that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time.
Wondering on what would be their new speculations as of this moment.

Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid.

There are two reasons why I think they are doing this, maybe they're really angy with the modern technology because they think it will affect the status of their current business or they want the Bitcoin price to fall so they can buy it cheap and eventually benefit from it when the price goes up.

 
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wheelz1200
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November 01, 2019, 12:57:13 PM
 #32

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is nothing new.  Ever since the beginning of bitcoin every dip has created a flood of "bitcoin is dead" news and speculation.  Ignore the crowd and buy the dips and sell the quick bulls.  Make some money on the fear or delusion and you will learn to enjoy the noise because it's a money making signal.  Wink

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November 01, 2019, 01:19:02 PM
 #33

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is nothing new.  Ever since the beginning of bitcoin every dip has created a flood of "bitcoin is dead" news and speculation.  Ignore the crowd and buy the dips and sell the quick bulls.  Make some money on the fear or delusion and you will learn to enjoy the noise because it's a money making signal.  Wink

Yeah i'm sure it's just the whale's game that make a fraud and spread out the news bitcoin will be dead after they dump the price.
And then they will buy with dip price, and when they're doing massive buying, price will rise up and the people who panic will buy at high price of the coin that they just sold before Cheesy
A traders like that is always exist because there are many newbie traders everyday and they will learn after several times doing FOMO.
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November 01, 2019, 01:30:00 PM
 #34

Anyone notice how there haven't been as many bearish threads as of late?  Any guesses as to why that is? 

Yeah, I agree with Op here and I think this is a case of people imagining trends where they don't exist, or don't exist *yet*.  That's a fundamental flaw of human psychology unfortunately, and it doesn't happen only in speculation about crypto.  As soon as bitcoin rose from $7500 to where it's at now there were about a dozen threads being created or bumped that were predicting prices of $25,000 or above.  Now if that isn't a crazy happenstance I don't know what is.

But I'll take the bullish threads over the bearish ones any day of the week, even if they're generally way too rosy for a rational mind to take.
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November 01, 2019, 01:37:02 PM
 #35

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is nothing new.  Ever since the beginning of bitcoin every dip has created a flood of "bitcoin is dead" news and speculation.  Ignore the crowd and buy the dips and sell the quick bulls.  Make some money on the fear or delusion and you will learn to enjoy the noise because it's a money making signal.  Wink

Yeah i'm sure it's just the whale's game that make a fraud and spread out the news bitcoin will be dead after they dump the price.
And then they will buy with dip price, and when they're doing massive buying, price will rise up and the people who panic will buy at high price of the coin that they just sold before Cheesy
A traders like that is always exist because there are many newbie traders everyday and they will learn after several times doing FOMO.

It is still a manipulated game unfortunately.  You just have to learn how to brush all of the news that seems all doom and gloom as well as the news that is ultra bullish on bitcoin with no apparent reason why.  99% of the news is garbage.  Also careful about following charters as you can manipulate data on charts to show it any way you like to fit your narrative.

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Getmon
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November 01, 2019, 02:04:56 PM
 #36

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is nothing new.  Ever since the beginning of bitcoin every dip has created a flood of "bitcoin is dead" news and speculation.  Ignore the crowd and buy the dips and sell the quick bulls.  Make some money on the fear or delusion and you will learn to enjoy the noise because it's a money making signal.  Wink

Yeah i'm sure it's just the whale's game that make a fraud and spread out the news bitcoin will be dead after they dump the price.
And then they will buy with dip price, and when they're doing massive buying, price will rise up and the people who panic will buy at high price of the coin that they just sold before Cheesy
A traders like that is always exist because there are many newbie traders everyday and they will learn after several times doing FOMO.

It is still a manipulated game unfortunately.  You just have to learn how to brush all of the news that seems all doom and gloom as well as the news that is ultra bullish on bitcoin with no apparent reason why.  99% of the news is garbage.  Also careful about following charters as you can manipulate data on charts to show it any way you like to fit your narrative.

And the manipulations, their plans and details, are beyond the access of ordinary traders no matter how expert they are. And so charts that are complete with all kinds of tools, with all the lines and shapes, are oftentimes shown only after a certain pump or dump has happened. Before anything has happened, all TAs are only showing possibilities. And the possibilities are very vague that whether the price goes up or down, it will still come out correct. But no single charting analysis directly says the price of Bitcoin will pump at least $2,000 tomorrow or the price of Bitcoin will dump at least $1,000 tonight.

MEGA

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November 01, 2019, 02:31:19 PM
 #37

The problem with trading is that the new investors jump on the trend when it has already passed. people FOMO and give up to emotions in such a case. Many people fall prey to it. This is exactly what happened recently. When price fell by $1k, people bought shorts and got rekt when price went up by 30%. That's why people get pessimistic when there is a fall. They start calling Bitcoin dead.
This meme sums it up beautifully.


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November 01, 2019, 02:50:13 PM
 #38


what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink
Im expecting for some u-turn of words on here  Grin. I actually laugh in front of my pc when i do able to read up some speculations

that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time.
Wondering on what would be their new speculations as of this moment.

Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid.

There are two reasons why I think they are doing this, maybe they're really angy with the modern technology because they think it will affect the status of their current business or they want the Bitcoin price to fall so they can buy it cheap and eventually benefit from it when the price goes up.
No, you cant say that those people do hate up modern tech.Then why they are here on the first place? Simply they do just fomoing
either they do already secure theirselves on the bottom price and tends to make out some spread out fomo to drive the price even way more higher
since they do know that they would benefit out then its just a normal act to be done.Well it might not be precise anytime since price is always been unpredictable.

R


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November 01, 2019, 03:05:25 PM
 #39

speculations are always there . small or big , pump or dump . people always love to open a new topic and talk about the reason on why it that happen  . the 9 percent drop that happen last time was already a huge drop to me but i dont know to some if that is what they also think  . its normal for me to alarm and investigate if what really happen that time but thankfully the price slightly recovers again  . fomo is good and we people are the ones who did it  .
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November 01, 2019, 03:14:17 PM
 #40


what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink
Im expecting for some u-turn of words on here  Grin. I actually laugh in front of my pc when i do able to read up some speculations

that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time.
Wondering on what would be their new speculations as of this moment.

Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid.

There are two reasons why I think they are doing this, maybe they're really angy with the modern technology because they think it will affect the status of their current business or they want the Bitcoin price to fall so they can buy it cheap and eventually benefit from it when the price goes up.

That's purely a greed attitude, they tried to contribute on the manipulation of bitcoin price that affected alot of people whose very serious investing bitcoin as a valuable asset. To the point that they're having a mindset of buying btc at lower cost, do you think it's a fair thing? Since they also seeks btc price to go up after they start holding enough amount of it? This is really unfair to see, because they don't consider the feelings of small investors, what they're thinking of is their own welfare.

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