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Author Topic: What caused 200 buck drop last 3 weeks?  (Read 2632 times)
1amonymous (OP)
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August 18, 2014, 10:01:23 PM
 #1

So what's the concensus?

Huge drop last 3 weeks

655 high
460 today

Any opinions
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TheButterZone
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August 18, 2014, 10:02:13 PM
 #2

Morons.

Saying that you don't trust someone because of their behavior is completely valid.
Meuh6879
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August 18, 2014, 10:09:27 PM
 #3

watch september instead ...
catena5260
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August 18, 2014, 10:10:19 PM
 #4

This is the question that no one can answer with sure. Some say that August things are not good in all investment world, other because of some altcoins, or that we are under manipulation.

No big fall this year worried me, because all of them had some clear reason, until now. Prices falling without reason is a strong sign we might be bursting a bubble.
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August 18, 2014, 10:11:07 PM
 #5

So what's the concensus?
Speaking as an extremely intelligent person, I'm afraid I couldn't begin to guess at the motives of the extremely stupid.

It boggles my mind how anyone still values the dollar worth a damn even more than it boggles my mind that people haven't figured out high precious and undervalued Bitcoin is.

Still, these are early days. The end result is easily predicted for those with a cursory understanding of the principles of mathematics who also possess strong pattern recognition abilities.

Here, this will help you understand: https://www.youtube.com/watch?v=qHUPPYzzZrI

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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August 18, 2014, 10:12:58 PM
 #6

Morons.

that about covers it.

whomever that guy was that dumped 10k coins on btc-e obviously did not obtain them above a $350 costbase and obviously didnt have the brain power to cash out at any of the previous high's.

basically anyone selling while bitcoin is at a low is considered either moronic or just desperate to go back to the paper money. and im truly glad that they are no longer holding bitcoins.

good riddance to that moron, atleast we can now look forward to all of the fresh buyers getting the cheap coins, and hope they are smarter to not sell at a loss in the future, to help re-inforce market resistance points to prevent sheeple/morons causing too many of these events.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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August 18, 2014, 10:15:21 PM
 #7

Morons.

that about covers it.

whomever that guy was that dumped 10k coins on btc-e obviously did not obtain them above a $350 costbase...
Assuming that person spent any money at all on those 10k coins. There have been multiple hostile thefts of BTC by the legitimized forces of violence (AKA state gunmen), to say nothing of the hackers, scammers, and Mark Kerpales of the world who obtained their Bitcoins illegitimately.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
hannscryo
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August 18, 2014, 10:23:28 PM
 #8

I have read in the forum that the drop could have been caused by ethereum devs cashing out.
whysosweet
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August 18, 2014, 10:25:16 PM
 #9

Maybe whales who wanted to manipulate the market, not sure about this.
dropt
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August 18, 2014, 10:31:13 PM
 #10

I have read in the forum that the drop could have been caused by ethereum devs cashing out.

No, the volumes dumped across the exchanges comparative to the withdrawals of the Eth address (which is public) do not align.
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August 18, 2014, 10:40:44 PM
 #11

How much coin got dumped today?
Tzupy
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August 18, 2014, 11:01:48 PM
 #12

Chinese bagholders turned pandas. Otherwise, a normal market movement.

Sometimes, if it looks too bullish, it's actually bearish
maker88
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August 18, 2014, 11:02:04 PM
 #13

id say its a combination of morons and some smart whales stop hunting for moron's stops.
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August 18, 2014, 11:05:01 PM
 #14

Answer: Herpes!!!!

TITCR
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August 18, 2014, 11:06:01 PM
 #15

I have read in the forum that the drop could have been caused by ethereum devs cashing out.

No, the volumes dumped across the exchanges comparative to the withdrawals of the Eth address (which is public) do not align.

This. Ethereum likely added some downward pressure, but this is not their baby.
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August 18, 2014, 11:59:36 PM
 #16

Still, these are early days.


Early days? Bitcoin is almost six years old. When are the early days over, do you reckon? And what will BTC price look like when they are?

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August 19, 2014, 12:19:23 AM
 #17

Morons.

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Octavius
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August 19, 2014, 01:26:08 AM
 #18

Common sense...  Roll Eyes

What caused the drop in 1980?

Can someone answer to this question?



The answer is obviously: the stages of a bubble.
MatTheCat
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August 19, 2014, 01:29:55 AM
 #19


Say there Seleme old bean!

Hows that portfolio of ShitCoins coming on?

Still holding out with dem 'balls of steel' of yours?

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
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August 19, 2014, 01:34:39 AM
 #20

leverage hunt,and then panic. market is all but destroyed ( that should be next week )

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