[FACT] End of month dumping..

[Oldminer]

like the title says.. happens every month and i noticed this long ago last year.. totally predictable !

but surprisingly, most of you out there have not noticed.. use it to your advantage

End of month dumping - Going strong since 2011 

[Spoetnik]

like the title says.. happens every month and i noticed this long ago last year.. totally predictable !

but surprisingly, most of you out there have not noticed.. use it to your advantage

End of month dumping - Going strong since 2011  

yup.. i have used it to my advantage and made a lot of profit since last year.. too bad you weren't smart enough to notice.

edit:
not for a long time now though..
no money to use for investing

[Spoetnik]

like the title says.. happens every month and i noticed this long ago last year.. totally predictable !

but surprisingly, most of you out there have not noticed.. use it to your advantage

End of month dumping - Going strong since 2011 

Trolling Bitcointalk users and being happy fake exchanges added your scam coin your are the biggest bag holder on..

want some integrity pal ? I will sell you some for Carbon coin's LOL

https://bitcointalk.org/index.php?topic=526031.msg8475521#msg8475521

CLOWN-TASTIC !

[sgk]

Frankly, I never looked at it this way. Interesting..  people cashing out at month's end and paying their bills.

So if I wanted to buy some BTC, the month end would be the right time!

[Oldminer]

like the title says.. happens every month and i noticed this long ago last year.. totally predictable !

but surprisingly, most of you out there have not noticed.. use it to your advantage

End of month dumping - Going strong since 2011  

Trolling Bitcointalk users and being happy fake exchanges added your scam coin your are the biggest bag holder on..

want some integrity pal ? I will sell you some for Carbon coin's LOL

https://bitcointalk.org/index.php?topic=526031.msg8475521#msg8475521

CLOWN-TASTIC !

Ah it's my favorite village idiot..  

Your lesson for today is...



Check back soon for lesson 2..  

[Spoetnik]

Frankly, I never looked at it this way. Interesting..  people cashing out at month's end and paying their bills.

So if I wanted to buy some BTC, the month end would be the right time!

massive mining farms built in shipping containers have electricity bills that need to be paid.
a lot of these operations stretching from Washington state USA to China have been built from loans that need to be paid back.
A guy i seen in an interview before running a mining op in Washington started out with 300 bucks living in his Volkswagon Beetle car.
Now its worth millions dollars LOL

the more you think about it the more it makes sense to have regular dumping for many reasons ..a lot of BTC sell pressure !

http://archive.is/JIVYq
that is Chinese chiupping container asics with pic's
and it's old.. i can't imagine how big they are now LOL
or how big their monthly elec. bill is ahhaha

@oldminer
i am not buying carbon coin get over it..

[5000Bitcoins]

you know the market is illiquid when electric bills are making a mark on the chart

[Spoetnik]

another month and i was right again as always

BTC dumping ramps up and peaks close to the end of the month then price spikes up by mid month then it all starts to repeat..
i've it said every month for a year+ and if i had damn money i'd be making a killing

[Oldminer]

another month and i was right again as always

BTC dumping ramps up and peaks close to the end of the month then price spikes up by mid month then it all starts to repeat..
i've it said every month for a year+ and if i had damn money i'd be making a killing

Your rarely right but meh, you may as well keep up the self delusion if only for amusements sake lol

[Spoetnik]

Well i could chart the graphs if i was not so lazy LOL

I claim what is right there under our nose.. the numbers don't lie !

[moiraine]

Which coin are you referring to? BTC? alts? or just everything?

I notice that stocks seem to slouch around sept-oct, not sure if the same can be said for alts.

Also, if this is true I wonder what triggers the dumping at the end of the month?

[Spoetnik]

another month and i was right again as always

BTC dumping ramps up and peaks close to the end of the month then price spikes up by mid month then it all starts to repeat..
i've it said every month for a year+ and if i had damn money i'd be making a killing

Jeez right again Spoetnik ? WOW you are smart !

i always say between the 1st and 15th is when it goes up..
then from the 15th to the end of month it gets dumped more and more peaking at the end of the month period.

look at the the graphs, they don't lie

eyes.. open them.. https://bitcoinwisdom.com/markets/btce/btcusd

[shanem]

another month and i was right again as always

BTC dumping ramps up and peaks close to the end of the month then price spikes up by mid month then it all starts to repeat..
i've it said every month for a year+ and if i had damn money i'd be making a killing

Jeez right again Spoetnik ? WOW you are smart !

i always say between the 1st and 15th is when it goes up..
then from the 15th to the end of month it gets dumped more and more peaking at the end of the month period.

look at the the graphs, they don't lie

eyes.. open them.. https://bitcoinwisdom.com/markets/btce/btcusd

Nowaways it is less obvious for the end of month dumping. It is more likely a concidence that Bitcoin gets dumped at the end of the month. Remember Bitcoin at the end of Oct? The price keeps going until a few days into Nov this y ear.

[Spoetnik]

i agree the dumping overlaps the monthly period a little into the start of the next month.

it's about momentum i think and a large variety of factors..

the balance is always being tipped one way or the other.
and it never takes much because people are waiting to give it a push.
one group wants to dump and the other wants to buy.
so the more it swings one way or the other the more pressure it gets from the group waiting to act.

i don't think the notion a pattern is in play is not crazy, i think it's normal.

Overall i think it's like a teeter totter you are either going up or down and it don't take much to get going the other way.
Some snotty rich asshole can get lippy and say well it's not people paying bills..
he can say that because he assumes everyone has no none.. but Bill's are a part of life.
More people have bills to pay in crypto than rich elite with disposal income they can afford to lose.
I have said this before over the years lots..
And guys laugh about bills.
But Bill's need to be paid whether you run the the biggest BTC mining operations on earth or you have 1 ASIC for BTC.
The big mining op's sometimes do interviews.. i read some from guys in Iceland to Washington state.
The have to get loans to build them.. BIG loans !
Their combined operating cost are staggering often.. from staff to loans to power etc.
And are those guys simply going to dump their coins on random pointless times ?

edit: spelling.

[PanneKopp]

well i mean Bitcoin + Altcoins for starters..

and yeah Rent..i had dumped countless times myself to pay rent or other bills in the past.
i also have been told by well known bigger day traders they use their monthly bill money for speculating..
so they have to cash out at the end of the month.

there is also other factors for dumping too that is interlinked with Bitcoin and altcoins.
take for example a BTC mining farm that is worth many millions of dollars revenue wise located in Washington State USA..
they have loan payments to make and electricity bills to pay and so do some smaller miners..
imagine you went and bought 20 gpu's..
you have to pay the electricity bill for them and not all of us have a giant bank account with extra "play money"
so that bill money has to come from somewhere.

then factor in guys who KNOW this already dumping ahead of schedule.. i have, lots because i needed to pay my bills
and i wanted to get a jump on the monthly dumpers to get more for my coins.

then factor in the crowd momentum.. one the pedulum starts swinging the other way it's happening and it's not going to be stopped.

i don't think there is one simple reason for it but many rock solid reason for the timing of it..

use it to your advantage !

edit:
mid month is usually the peak price i think.
reaching the low around the end of the month.

... business as usual.

THX 4 your informations over the year.

Let´s hope 4 a good new one !

PK

[Spoetnik]

This seems to still be going on the same i think..

A 2 week period where it transitions up then down..
and NO not EXACTLY on the last day of the month LOL
But it is to be pretty damn close to that when i first said this in 2013 lots of Cryptsy chat.
Now it seems to slide past the end of the month almost to mid month.. 15th 'ish

I am TheCryptoTruth™ giver & Predicterer™ !

If your not me you are doing it wrong®

[StinkyLover]

This seems to still be going on the same i think..

A 2 week period where it transitions up then down..
and NO not EXACTLY on the last day of the month LOL
But it is to be pretty damn close to that when i first said this in 2013 lots of Cryptsy chat.
Now it seems to slide past the end of the month almost to mid month.. 15th 'ish

I am TheCryptoTruth™ giver & Predicterer™ !

If your not me you are doing it wrong®

No. You are "THE RESURRECTOR!"
 

[Spoetnik]

17th and dumping for Altcoins is in full swing as i would have expected. (ETH for example)
Guys look at the charts for mid month for each month previously.
I have been saying this since 2013.. it's so predictable it's stupid.

[alyssa85]

17th and dumping for Altcoins is in full swing as i would have expected. (ETH for example)
Guys look at the charts for mid month for each month previously.
I have been saying this since 2013.. it's so predictable it's stupid.

Interesting, doge is down too. Is it because it is approaching Friday, or is it because bitcoin futures contracts expiry dates are approaching?

[Spoetnik]

I re-explained my theory lots before but let me try & recap

WHY i am not 100% sure for one thing..
But if i have to guess i'd say there is a lot of traders who NEED to dump BTC to pay bills etc
Such as giant mining farms who have big loans..
They are going to want to dump for the max possible money of course.
So years ago there was always a stampede of selling going on right at the end of the month
which was cause the price to crash down some..
I swear to god i have looked every single month since 2013 and never NOT seen this happen !
NOW ?
I think a year or so ago the dumpers noticed that too many people are all doing it too..
and they all bit by bit started to dump a little earlier then a little earlier the next month.
This caused the same behavior but the timing of it moved back earlier on the calendar monthly.
So the dumping starts happening mid-month now leading up until i'd say a good 5 days after the 1st of the month. (when Price recovers)

When enough bigger dumpers all start dumping it triggers the momentum of the price change.
Once some start doing it more join in..

There also seems to be a long time correlation between the timing of the monthly dumping
and the monthly dropping of Altcoin prices.. i think users (many of them) migrate back & forth between markets.

My theories anyway people

I hope that made sense..
i also think i could come up with more reasons for the dumping but i prob mentioned it on previous pages.