Bitcoin Forum
November 22, 2017, 05:30:00 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: When Bitcoin crashes, so do...  (Read 1042 times)
surfer43
Sr. Member
****
Offline Offline

Activity: 420



View Profile
March 27, 2014, 04:07:23 PM
 #1

almost all altcoins relative to BTC.. double crash  Sad

EDIT: now the opposite is happening  Cool
1511371800
Hero Member
*
Offline Offline

Posts: 1511371800

View Profile Personal Message (Offline)

Ignore
1511371800
Reply with quote  #2

1511371800
Report to moderator
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511371800
Hero Member
*
Offline Offline

Posts: 1511371800

View Profile Personal Message (Offline)

Ignore
1511371800
Reply with quote  #2

1511371800
Report to moderator
1511371800
Hero Member
*
Offline Offline

Posts: 1511371800

View Profile Personal Message (Offline)

Ignore
1511371800
Reply with quote  #2

1511371800
Report to moderator
Thread7
Jr. Member
*
Offline Offline

Activity: 33


View Profile
March 27, 2014, 05:39:13 PM
 #2

So when BTC rises do altcoins double rise also?  I haven't checked any numbers, just wondering.
surfer43
Sr. Member
****
Offline Offline

Activity: 420



View Profile
March 27, 2014, 09:57:20 PM
 #3

Yes, good point  Cheesy
coinerer
Hero Member
*****
Offline Offline

Activity: 582

GoldCoin & Free BTC http://freebitco.in/?r=7202


View Profile WWW
March 27, 2014, 10:04:58 PM
 #4


Bitcoin is very far from crashing at this moment.

Still.


What will the future bring?



Earn bitcoins at freebitcoins.orgfree.com.                           CoolCoin - Free+IPO POS 30%. Ce6dcKMnu33DrK4zjga8MJ6c5dy3CnWBfY

1. Click to Earn BTC at Coin Ad      2. Win Free Bitcoins Every Hour: http://freebitco.in/?r=7202      3. Visit and Earn
rikkie
Hero Member
*****
Offline Offline

Activity: 574


Richard Coleman - Chief Executive @ CloudThink.IO


View Profile WWW
March 27, 2014, 10:07:07 PM
 #5

I think it will soon go up again. Just like euronext and others. There are always ups and downs.
paddox
Member
**
Offline Offline

Activity: 77


View Profile
March 27, 2014, 11:38:17 PM
 #6

The stock market sometimes has microcrashes when everything plummets, then quickly rises back to normal. Sometimes bitcoin seems to do something similar after bad news. Maybe things will bounce back,but there is no guarantee.
omahapoker
Hero Member
*****
Offline Offline

Activity: 868



View Profile
March 27, 2014, 11:39:44 PM
 #7

why is BTC going down so much today? hanv't seen any really bad news



thanks in advance
paddox
Member
**
Offline Offline

Activity: 77


View Profile
March 27, 2014, 11:48:30 PM
 #8

why is BTC going down so much today? hanv't seen any really bad news



thanks in advance

Someone mentioned that the USA tax man is classifying crypto as taxable, but I'm nor certain and the details are unclear. There were two people on here arguing about two different interpretations of some new guidance from the tax man. Or maybe there is some other bad news I have not heard yet.
rmines
Full Member
***
Offline Offline

Activity: 140


View Profile
March 27, 2014, 11:52:02 PM
 #9

why is BTC going down so much today? hanv't seen any really bad news



thanks in advance

There were some unconfirmed rumors earlier today that China would separate bitcoin exchanges from bank accounts, but these allegations were false: http://www.reddit.com/r/Bitcoin/comments/21h70d/china_bitcoin_exchanges_huobi_said_they_have/

♔ PrimeDice : The Premier Bitcoin Gambling Experience @PrimeDice
Spare some change? 1LkqfvQTLAEiiCwTqkPRcvUdEmkCR11QDE
paddox
Member
**
Offline Offline

Activity: 77


View Profile
March 27, 2014, 11:56:15 PM
 #10

why is BTC going down so much today? hanv't seen any really bad news



thanks in advance

There were some unconfirmed rumors earlier today that China would separate bitcoin exchanges from bank accounts, but these allegations were false: http://www.reddit.com/r/Bitcoin/comments/21h70d/china_bitcoin_exchanges_huobi_said_they_have/

Thanks for letting us know. There seems to have been a lot of misinformation about China and bitcoin over the last week.
iGotSpots
Legendary
*
Offline Offline

Activity: 1470



View Profile WWW
March 28, 2014, 12:09:58 AM
 #11

The dreams of weak hands

██████████████
██████████████████████
████████████████████████████
████████████████████████████████
████████████████████████████████████
██████████████████████████████████████
██████████████████████████████████████████
████████████████████████████████████████████
█████████████████████████████████████████
██████████████████████████████████████
███████████████████████████████████████████████
███████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████████
████████████████████████████████████████████████
████████████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████
██████████████████████████████████████████████
████████████████████████████████████████████
████████████████████████████████████████████
████████████████████████████████████████████
████████████████████████████████████████████
██████████████████████████████████████████
█████████████████████████████████████
████████████████████████████████████
████████████████████████████████
████████████████████████████
██████████████████████
██████████████
   .HealthyWormCoin.   |     Twitter
Explorer
   |       YouTube
Worm Shop
The worms need your help to grow!
billotronic
Legendary
*
Offline Offline

Activity: 1512


Crackpot Idealist


View Profile
March 28, 2014, 12:10:46 AM
 #12

too easy to panic the day traders into dumping anymore... good time to hold, good time to buy.

This post sums up why all this bullshit is a scam
Read It. Hate It. Change the facts that it represents.
https://bitcointalk.org/index.php?topic=1606638.msg16139644#msg16139644
eightspaces
Full Member
***
Offline Offline

Activity: 126


View Profile
March 28, 2014, 12:22:38 AM
 #13

I crash frequently
BitCoinPokerBro
Hero Member
*****
Offline Offline

Activity: 798



View Profile
March 28, 2014, 12:39:56 AM
 #14

So when BTC rises do altcoins double rise also?  I haven't checked any numbers, just wondering.

Not necessarily. The equivalent exchange of alt/btc will be worth the same/more/less but that end amount of btc is worth more in $$$. So the answer is yes and no.  If your lucky btc, ltc, and alt will appreciate creating huge profit potential. For example IFC/LTC market from last summer to about jan/dec timeframe. BTC was worth $100, LTC $2-3 and IFC about 10-20 liteoshi. Do the math that's a huge reward with vary little risk, investment didn't even have to be big to make significant money. And, all in about 6 months.

To put all this in perspective I literally forgot about 10 mill ifc that ended up being worth $1,000 in December.
V8x8d
Full Member
***
Offline Offline

Activity: 142


View Profile
March 28, 2014, 12:40:12 AM
 #15

I'm will be transferring £20k tomorrow to buy BTC. Hope it stays low enough to buy more. Outside of BTC I only have faith in LTC and VTC.
eightspaces
Full Member
***
Offline Offline

Activity: 126


View Profile
March 28, 2014, 12:42:31 AM
 #16

I'm will be transferring £20k tomorrow to buy BTC. Hope it stays low enough to buy more. Outside of BTC I only have faith in LTC and VTC.

congrats man! we all waited to read that valuable information
V8x8d
Full Member
***
Offline Offline

Activity: 142


View Profile
March 28, 2014, 12:46:30 AM
 #17

I'm will be transferring £20k tomorrow to buy BTC. Hope it stays low enough to buy more. Outside of BTC I only have faith in LTC and VTC.

congrats man! we all waited to read that valuable information

I'm an atheist, however I'm still preying for a huge crash tomorrow. Buy when people are selling, sell when people are buying.

FYI, I only have £10k invested at present, but I have always liked to gamble.
ThePeePs
Sr. Member
****
Offline Offline

Activity: 434

LLAP


View Profile WWW
March 28, 2014, 02:29:47 AM
 #18

why is BTC going down so much today? hanv't seen any really bad news



thanks in advance

Someone mentioned that the USA tax man is classifying crypto as taxable, but I'm nor certain and the details are unclear. There were two people on here arguing about two different interpretations of some new guidance from the tax man. Or maybe there is some other bad news I have not heard yet.

I did see the the IRS will classify crypto as property rater than currency so think capital gains/losses type of thing.

Get Free BTC  - QoinPro  |  My P2Pool Nodes (CAT) ANN Thread
CAT:      9rNerHqUTcoLPGtiUxiR3L6onAxe1MRBst
hellscabane
Legendary
*
Offline Offline

Activity: 896



View Profile
March 28, 2014, 02:40:20 AM
 #19

Yes, I think it's common knowledge by now that when BTC crashes, so do altcoins. After all, during a crash the BTC pool for altcoins to play with greatly shrinks. How fun right?
hellscabane
Legendary
*
Offline Offline

Activity: 896



View Profile
March 28, 2014, 02:43:20 AM
 #20

why is BTC going down so much today? hanv't seen any really bad news



thanks in advance

Someone mentioned that the USA tax man is classifying crypto as taxable, but I'm nor certain and the details are unclear. There were two people on here arguing about two different interpretations of some new guidance from the tax man. Or maybe there is some other bad news I have not heard yet.

I did see the the IRS will classify crypto as property rater than currency so think capital gains/losses type of thing.

You should probably check out the other boards on this forum. Anyhow, there are two main stories right now: the IRS ruling on crypto-currencies (not just bitcoin) and the news from Caixin about the PBOC shutting down the accounts of 10 exchanges in China.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!