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Author Topic: Falllling is right again, Bitcoin will continue the downtrend  (Read 41752 times)
Newbie1022
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August 15, 2014, 05:28:17 AM
 #61

All I can say is people are retarded

So some nerd named Vitalik cashes out a million dollars of Bitcoin, who gives a flip.

The foundation is weak then if the market can't take 2000 btc dump from Ethereum.

Vitalik and friends still control over 10,000 BTC, imagine the coming cash out on every rally or they might just dump the coin regardless of the price.

If they will cash out their bitcoins we will se the final capitulation followed by an incredible buy pressure which will recover the vale in no time.

They currently have 24,620 BTCs left that they eventually plan to cash out. The fact that you have a stakeholder with that many coins to cash out is a drag and will continue to be a drag on the market whether or not they even cash out inside the market.

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2?filter=1
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August 15, 2014, 06:47:05 AM
 #62

Purchased 9.75 coins this morning so far.    Might take a max leverage long...  Undecided.
Probably not a good idea considering how volatile the market is right now. You would be risking that you receive a margin call and lose your entire investment. I would think that the drop is somewhat caused by de-leveraging and that the price may have somewhat further to fall before it reaches bottom, however will eventually recover and will eventually reach new highs.

 
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falllling (OP)
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August 15, 2014, 04:13:25 PM
 #63

$480 bitcoin game over

again, do NOT by bitcoin, bitcoin is going to nowhere but down
kireinaha
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August 15, 2014, 04:17:08 PM
 #64

Once again falllllling calls it. I really hope people are cutting loose as he suggests.

Night gathers, and now my bitcoinwisdom watch begins.
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August 15, 2014, 04:17:50 PM
 #65

$480, guys!  COINS ARE EL' CHEAPO!  BUY BUY BUY, BUY EM UP.  

Nows your chance to load up before GABI comes and dumps $1B on the market, shit's going to the stratosphere!
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August 15, 2014, 04:18:49 PM
 #66

Once, again falllllling calls it. I really hope people are cutting loose as he suggests.

thanks, people should listen now

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August 15, 2014, 04:19:42 PM
 #67

Once, again falllllling calls it. I really hope people are cutting loose as he suggests.

thanks, people should listen now

Quit trying to scam people into selling their coins so you can buy them.  That's real pathetic.
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August 15, 2014, 04:26:06 PM
 #68

... The graph he shows to compare to the bubble picture ends in feb.. it's aug...  don't be a moron.
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August 15, 2014, 04:34:49 PM
 #69

Once, again falllllling calls it. I really hope people are cutting loose as he suggests.

thanks, people should listen now




sorry drank the kool aid..so if price falls that means I can even get more bitcoin!....then when it is $1 even more!....then when nobody wants it
I can have it ALL on my USB and take it with me when I go.....(my precious!) er

hmmmm.....

sorry may have been the first subject of the TV show 'bitcoin hoarding' and how it can destroy your life....narrated by Billy Crystal....

er guess it don't matter ..up the mountain or off the cliff ...I'm in it till the end of the ride.....

(now if that happens I can join a nice group of beanie baby collectors from back in the day and find a woman that understands my 'broken' nature)

yep its a plan

Searing

p.s. also contributing to the problem by being a MINER....I have ALL the addictions of Bitcoin! (good to have goals)



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August 15, 2014, 04:45:46 PM
 #70

Once again falllllling calls it. I really hope people are cutting loose as he suggests.

Yes he is right and my predicitons are right too.

"$200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days."

The bounces should be small and short lived in this phase.
falllling (OP)
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August 15, 2014, 04:51:25 PM
 #71

Once again falllllling calls it. I really hope people are cutting loose as he suggests.

Yes he is right and my predicitons are right too.

"$200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days."

The bounces should be small and short lived in this phase.

agree, at the same time trading volume will be low, because no one will buy into dead cat bounce traps any more

fonsie and his friends are failling to scam people, more and more people will find out about their "fooling people to buy in ponzi scheme scams"
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August 15, 2014, 04:53:06 PM
 #72

"fallling ponzi scheme scams"

Let me correct your mistake

I decided to no longer use a signature, because people were trolling me about it.
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August 15, 2014, 04:54:06 PM
 #73

<snip>


FALLLLING IS A SCAMMER! BEWARE!
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August 15, 2014, 05:00:11 PM
 #74

Once, again falllllling calls it. I really hope people are cutting loose as he suggests.

thanks, people should listen now



omg is happening again. hold on your wallets!

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August 15, 2014, 05:24:01 PM
 #75

a fall to 400 is good, the last all time low before the last all time high was $50 or something. if 350-400 is the 'new low' then were in for a treat next peak Smiley

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August 15, 2014, 05:30:49 PM
 #76

a fall to 400 is good, the last all time low before the last all time high was $50 or something. if 350-400 is the 'new low' then were in for a treat next peak Smiley

there are always new low man, some has been saying "cheap" coins since last year at $1100 $1000 .. $540 etc
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August 15, 2014, 05:40:23 PM
 #77

a fall to 400 is good, the last all time low before the last all time high was $50 or something. if 350-400 is the 'new low' then were in for a treat next peak Smiley

there are always new low man, some has been saying "cheap" coins since last year at $1100 $1000 .. $540 etc

yep, people talk a lot, but i look at market cycles. Unless BTC is fundamentally flawed (we all know its not) or will somehow be killed (gvnt isnt that organised) then the market will go through these crazy cycles in the first years. Since most of the world does not yet use BTC, then as new markets move in, so do new buyers.

Imagine what the price would be once SAmerica, IndoAsia and AFRICA start jump on board. Since this hasnt happened yet, I think we are still on the bull trend. I think about 1-4% of the world uses BTC or is aware of it now, thats a lot of upside potential...

Anyway, my logic is (while on bull trend) price sets new higher highs followed by higher lows, then higher highs then higher lows etc. So, $1 low to $15 high, then $6 low to $250 high, then $50 low to $1200 high, then $400 (or 300 or 200 take your pick) means a new high of....

as long as, on this next low price happenig now we dont go below 50$ (the last low) then we are still on bull trend:)

my bet is down to 350 now, then up to 800 by xmas. if Argentina jumps in, then 1500. If we get lucky in the next 8 months and some African nation jumps in, then new high of 2000 is my target:)

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August 15, 2014, 05:44:01 PM
 #78

a fall to 400 is good, the last all time low before the last all time high was $50 or something. if 350-400 is the 'new low' then were in for a treat next peak Smiley

a fall is good? probably if bitcoin now goes to 600 you're going to say it is bad?


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falllling (OP)
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August 15, 2014, 05:46:01 PM
 #79

a fall to 400 is good, the last all time low before the last all time high was $50 or something. if 350-400 is the 'new low' then were in for a treat next peak Smiley

there are always new low man, some has been saying "cheap" coins since last year at $1100 $1000 .. $540 etc

yep, people talk a lot, but i look at market cycles. Unless BTC is fundamentally flawed (we all know its not) or will somehow be killed (gvnt isnt that organised) then the market will go through these crazy cycles in the first years. Since most of the world does not yet use BTC, then as new markets move in, so do new buyers.

Imagine what the price would be once SAmerica, IndoAsia and AFRICA start jump on board. Since this hasnt happened yet, I think we are still on the bull trend. I think about 1-4% of the world uses BTC or is aware of it now, thats a lot of upside potential...

Anyway, my logic is (while on bull trend) price sets new higher highs followed by higher lows, then higher highs then higher lows etc. So, $6 low to $250 high, then $50 low to $1200 high, then $400 (or 300 or 200 take your pick) means a new high of....

as long as, on this next low price happenig now we dont go below 50$ (the last low) then we are still on bull trend:)

my bet is down to 350 now, then up to 800 by xmas. if Argentina jumps in, then 1500. If we get lucky in the next 8 months and some African nation jumps in, then new high of 2000 is my target:)

well said, in theory, if the history repeat itself, then new high might be possible
let's call the next stop is $400 now and see if any good news would come out
BUT, always get mentally prepared for the long time waiting and possible a financial necessary cut loose:

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August 15, 2014, 05:47:27 PM
 #80

a fall to 400 is good, the last all time low before the last all time high was $50 or something. if 350-400 is the 'new low' then were in for a treat next peak Smiley

there are always new low man, some has been saying "cheap" coins since last year at $1100 $1000 .. $540 etc

 Sooo, how much did you lose when you sold at low and bought at a high?  We do want to know.
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