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

[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

Good one. I hope price crashes too. I need to buy back some cheaper coins.

it will it will, just patience my friend 

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[FreedomCoin]

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

Good one. I hope price crashes too. I need to buy back some cheaper coins.

That would be great. I just spent 1.2BTC at $620. I would love to replace them at $500. A fall to 0 is laughable and shows a lack of understanding, but when the price goes down I buy. This strategy has never failed me. I have yet to loose a penny.

Supply and Demand will never allow the price to drop to $0, only if SHA/SSL is compromised. And then the question is bitcoin being affected by those exploits?

If people are patient they will watch the next bull run, then buy on the 2nd dip. First dip is the dead cat bounce, second is usually where the new support levels will be.. *usually*

[minerpumpkin]

Just about 20 more hours and we can close this FUD thread and move on continue with the sideways movement!

[oldm8]

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.

What are guys like Falling afraid of. While he spends his days jerking off, the speculators here are busy putting their money where their mouth is and are busy losing and making money. Yes it could go to 0$ so what! its not the end of the world, most of us have the balls to take it and start over. My bet is that in 2 years time it will be worth more than now, it may not be but thats where I am.

[ReRunRod]

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.

$100.00 people will flock on it like flies on poo. The price will sky rocket way past $1000 with all the pump coming in. I'd love to see it to give me a chance to bag hold some coins

[CoinsCoinsEverywhere]

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.

$100.00 people will flock on it like flies on poo. The price will sky rocket way past $1000 with all the pump coming in. I'd love to see it to give me a chance to bag hold some coins

Maybe, but maybe not.  Unless the price slowly descends to 100 over a long period of time, it would take something pretty catastrophic for price to drop that far.  It barely got down to that on Gox even when bankruptcy was almost certain--I'm thinking something like the US and China both banning bitcoin.  If that happened, would you still want to buy in?

[me_12]

I bought at $650...  :l

[Carra23]

Up or down...I am agnostic. Really don't care.

If it goes up, my stake grows in value and purchasing power.

If it goes down, I buy. Tough for me to buy right here, but we are close.

I am also happy with either up and down, but I do care a lot. Mainly because it makes the day interesting and I also like counting my profits

Tough call for me now, sold at 650, and wondering whether to buy in now. I will wait over the weekend and see how it moves.

[sandykho47]

When the price down, people buy BTC
and because many people but BTC, the price went up again

this case usually happen, and the low price only lasts about a week (if i'm right)

[InwardContour]

When the price down, people buy BTC
and because many people but BTC, the price went up again

this case usually happen, and the low price only lasts about a week (if i'm right)

It depends, if the drop is caused by a bad news, usually the panic sellers will enter in the game together with trading bots,
crashing the price by a large percent.

[minerpumpkin]

2.5 hours left. Things aren't looking pretty, but I'd accept bets that we won't be at $550 withing 3 hours

[falllling]

2.5 hours left. Things aren't looking pretty, but I'd accept bets that we won't be at $550 withing 3 hours

3 hours or 7 hours doesn't matter, all we know it's the uptrend has surely gone and the price can only drop harder from now (the feeling you have about "things don't look pretty")

how far can $550 be? its just matter of a short periods of time

[falllling]

2.5 hours left. Things aren't looking pretty, but I'd accept bets that we won't be at $550 withing 3 hours

3 hours or 7 hours doesn't matter, all we know it's the uptrend has surely gone and the price can only drop harder from now (the feeling you have about "things don't look pretty")

how far can $550 be? its just matter of a short periods of time

Are you fooling me dude? 550$ is no blood, it's a teardrop and nothing more. Please post more DOWN COMING!

of cause it will drop much more, $550 is just the next temporarily stop

[minerpumpkin]

2.5 hours left. Things aren't looking pretty, but I'd accept bets that we won't be at $550 withing 3 hours

...all we know it's the uptrend has surely gone...

No. This kind of movement is typical for Bitcoin. We enter a phase of flatline movement or a minor downtrend for a month or so. But this doesn't change anything in the bigger picture!

[fonsie]

"of cause it will drop much more, $550 is just the next temporarily stop" doggy much much crash, such bitcoin

Spare your breath people, you can clearly see at his writing skills, he's all in on dogecoin.  

[minerpumpkin]

"of cause it will drop much more, $550 is just the next temporarily stop"

Spare your breath people, you can clearly see at his writing skills, he's all in on dogecoin.  

Which fonzie are you? The original bearish one, the bullish one? Or the one that jumped the shark in the 70s?

[fonsie]

I'm the one that's long term bullish... me no much ride shark, such sad

[bubble83]

another dump to $550 then rebounce to $56x can be expected in 48 hours

It's been 48 hours and the price is now $596.12. Why no dump to $550 then rebounce to $56x?

[fonsie]

Because he's wrong, like just about every other time...

[cech4204a]

you seem to be wrong, it's 48+ hours since you posted this statement and guess what, price didn't change at all, 595$. Now, will you say you were wrong or we have to keep track of you so we all know you are just another FUD spreader?