$590 won't hold! Another dump to $550 can be expected in 48hours

[falllling]

We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Finally the $6xx bubble is going to burst, another dump to $550 then rebounce to $56x can be expected in 48 hours

Money in bitcoin is right now on the capital flight ! Fake VC-money involded news & large companies & ethereum are helping the way out!

Quote from: mmitech on Today at 12:37:19 PM
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.

[Torque]

A troll quoting another troll, classic.   

[addroup]

Price is recovering, the downtrend to zero has ended 

[minerpumpkin]

A troll quoting another troll, classic.   

Yeah I mean 'falllling' is an obvious troll. Is mmitech a known troll as well? I don't buy those predictions either, but bears aren't always wrong!

[InwardContour]

We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

The "downtrend to $0" is impossible, if the price will fall to $100 there will be so many buyers that the value will be raised to the current levels.

[SportsBet]

Ignoring trolls is a full time job here.

[EricTyle]

Yes. BTC will struggle. Such is the life of a new technology over 75% of everyone's head.

I will continue to use BTC as a currency until it's dead, because I will use what the people give value to rather than what the government says is worth something.

[Febo]

We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Finally the $6xx bubble is going to burst, another dump to $550 then rebounce to $56x can be expected in 48 hours

Money in bitcoin is right now on the capital flight ! Fake VC-money involded news & large companies & ethereum are helping the way out!

Quote from: mmitech on Today at 12:37:19 PM
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.

I dont see any large company helping yet. can you elaborate on what you meant there?

[Malin Keshar]

I doubt we'll see the 600 resistence broken in 48 hours. There is no reason for that.


Also no downtrend to 0, there is only a no trend that can go anywhere but to 0

[bassclef]

A troll quoting another troll, classic.  

Yeah I mean 'falllling' is an obvious troll. Is mmitech a known troll as well? I don't buy those predictions either, but bears aren't always wrong!

Depends on your definition. Some trolls are just super annoying bears that shamelessly talk their book, then whine when they lose money.

[franckuestein]

WTF?

There isn't enough FUD on the forum to post this? haha.
Great try, troll. If you don't bought some BTC at good prices is not our problem 

[makngeerwork]

troll on troll....sexy

[kireinaha]

He's probably right. All we need is one nice piece of FUD and we'll see the price plummet. The mythical date of July 24 has come and will soon go, and we're still struggling to stay at 50% of the all time high. It looks like we could be facing months of the same old bearshit.

[franckuestein]

Don't be nervous...

Is not the first time that Bitcoin moves. And more or less ~30-40$ ... so keep calm xD

This happened lots of days 
FUD is not good for you haha

[minerpumpkin]

But this will be interesting. We can wait and gather around when the 48 hours are over, to properly laugh at another attempt to spread FUD.

[CoinsCoinsEverywhere]

He's probably right. All we need is one nice piece of FUD and we'll see the price plummet. The mythical date of July 24 has come and will soon go, and we're still struggling to stay at 50% of the all time high. It looks like we could be facing months of the same old bearshit.

I hate to agree, but this is probably correct.  There's an awful lot of selling pressure above, and the price seems kind of fragile right now, especially with a couple shorter term technical supports being breached.

Edit: if it can't hold on to $600, then $550 is the next major support, so it would probably end up there pretty quickly.

[Benjig]

A troll quoting another troll, classic.  

Hehe, best comment so far, i like those apocaliptic prophesies. A dump to 550 can be true but downtrend from 1200 to 0 really?

[tspacepilot]

Why is 24 July a mythical date?

[beetcoin]

We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

The "downtrend to $0" is impossible, if the price will fall to $100 there will be so many buyers that the value will be raised to the current levels.

not true, because if there were a crash, you wouldn't know the details about it. it could be something that crumbles the whole bitcoin network.

[gentlemand]

Why is 24 July a mythical date?

The last two bubble peaks were 234 days apart. The 24th was 234 days after the last one. I think the world is just a teensier bit less predictable than that.