tobeaj2mer01 (OP)
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Angel investor.
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January 14, 2015, 08:46:34 AM |
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Who is dumping BTC? It sparked a very big panic.
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Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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spacecakes
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January 14, 2015, 09:37:25 AM |
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Tim Draper (lol this is the speculation section correct?)
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Wendigo
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January 14, 2015, 09:41:31 AM |
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Tim Draper (lol this is the speculation section correct?) May I ask who Tim Draper is? Reminds me of Don Draper from Mad Men.
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lili song
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January 14, 2015, 09:43:41 AM |
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i am not going to throw BTC but, BTC price down again. BTC price may quickly rise.
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Dilemma
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January 14, 2015, 09:50:05 AM |
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big fishes making dump and when we see deep they will collect all bitcoin agains little invester will always lose, big fishes are win
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inigthz
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January 14, 2015, 09:50:39 AM |
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Someone who has ponzi (Bitcoin) site. Ok. Close thread.
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xandry
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Crypto Swap Exchange
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January 14, 2015, 10:16:33 AM |
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Who is dumping BTC?
People. I hope...
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Net5kY
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January 14, 2015, 10:18:12 AM |
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big fishes making dump and when we see deep they will collect all bitcoin agains little invester will always lose, big fishes are win If you wont sell and price will raise you wont lose..
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Holderbert
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January 14, 2015, 10:19:46 AM |
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Someone who has ponzi (Bitcoin) site. Ok. Close thread. Inb4 haha ^^
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P4man
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January 14, 2015, 10:27:07 AM |
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A few things come to mind: 1) borrowers on btcjam and the like. The only "purpose" I can see for such sites is naked shorting. If price drops, hurrah, you win, rinse, repeat. If it goes up, just default on your loan, and you still win. This is why you should never lend out your coins; either you will lose because the value of btc goes down, or you will lose most of your deals because your borrowers will default. 2) bitstamp hacker. Havent checked yet, did the coins move? 3) All the ponzi and other scam operators. Most of them dont care about BTC, they just use it as a convenient way to conduct their scamming business. Since they obtained the BTC at virtually no cost, they will cash out regardless of price. 4) the sheep.
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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January 14, 2015, 10:29:04 AM |
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It's not one person or persons. Think that there are many reasons and cirumstances. Mining is becomimg harder and more expensive
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Agestorzrxx
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January 14, 2015, 10:31:38 AM |
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People who lost their faith.
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Holderbert
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January 14, 2015, 10:41:09 AM |
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People who lost their faith.
People who were made to believe there is no future.
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inigthz
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January 14, 2015, 10:44:42 AM |
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People who lost their faith.
People who were made to believe there is no future. People who trade because with commando.
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Meuh6879
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January 14, 2015, 11:31:56 AM |
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people want gold ... so they sell BTC human parody ... here.
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Amph
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January 14, 2015, 12:27:03 PM |
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stolen coins, plus people that dump because of the stolen coins plus panic sellers that dump because of those who dump for the stolen coin
you see a long dump chain, it's hard to get out of this now, but it may find a bottom in the end, i think we are near the real bottom, but that's just me
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s1ng
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January 14, 2015, 01:11:21 PM |
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people want gold ... so they sell BTC human parody ... here. Many of people still not have a faith on bitcoin yet People who lost their faith.
People who were made to believe there is no future. But I still believing on bitcoin It's not one person or persons. Think that there are many reasons and cirumstances. Mining is becomimg harder and more expensive
Well this is logical reason. Plus bitcoin's security is still susceptible against hacker attack
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Q7
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January 14, 2015, 02:47:41 PM |
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People who don't think rational. Right now it's either you are losing big or losing small. Either way you are still on the losing end.
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BCwinning
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January 14, 2015, 02:50:22 PM |
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who cares. Buy it from them if you're that concerned.
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The New World Order thanks you for your support of Bitcoin and encourages your continuing support so that they may track your expenditures easier.
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devandtech
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January 14, 2015, 02:53:58 PM |
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long term holders and or people deciding to cash out and watch for a sec
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spacecakes
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January 14, 2015, 02:56:48 PM |
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Tim Draper (lol this is the speculation section correct?) May I ask who Tim Draper is? Reminds me of Don Draper from Mad Men. He's the gentleman that bought like 30k+ coins from the US Marshall auctions. It was more a joke since we all know he bought in at obscene prices.
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fullhouse
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January 14, 2015, 04:51:13 PM |
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i guess that hacer are dumping the coin who stolen from bistamp about 10000+ btc are dumping
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vinboy
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January 14, 2015, 05:14:02 PM |
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Maybe bistamp lost a lot of BTC and unable cover. So they make fake buy/sell volume to push down price. Then they buy at low price to cover the lost BTC. just joking of coz. Bitstamp is run by good ppl.
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Xialla
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/dev/null
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January 14, 2015, 06:28:02 PM |
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Maybe bistamp lost a lot of BTC and unable cover. So they make fake buy/sell volume to push down price. Then they buy at low price to cover the lost BTC. just joking of coz. Bitstamp is run by good ppl. this is funny for you? how stupid you are..
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Marcoser123321
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January 14, 2015, 06:55:14 PM |
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This is all nothing more than 50% panic and 50% market manipulation. As I said before, no one complained when the price went UP. Now everyone cries foul and heads for the door. Not to repeat myself but if you want out, dump your coins. If you're doomsaying - I'll buy your coins.
There will be another upswing, then everyone will be sighing that they sold out too soon.
Just my two satoshis.
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bitbouillion
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January 14, 2015, 07:56:23 PM |
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For every seller there is a buyer.
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HorseBit
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January 14, 2015, 09:14:07 PM |
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This is normal market action. Maybe not normal, but expected by seasoned traders after such a strong run-up. Bubble is deflating...
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johnyj
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Beyond Imagination
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January 14, 2015, 11:36:21 PM |
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Exchanges of course, they could create millions of bitcoin in their database and crash the price to single digits if they want, that's the reason we should not use any price quote from exchanges as a valuation for bitcoin, a P2P exchange must be established in the coming years
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drawer
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January 14, 2015, 11:54:34 PM |
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"...you see a long dump chain, it's hard to get out of this now, but it may find a bottom in the end, i think we are near the real bottom, but that's just me..." Ye, we need to name bitcoin technology not "Blockchain" but "Dumpchain" , its more clear now for crypto
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sandykho47
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Knowledge its everything
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January 15, 2015, 10:55:19 AM |
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Let me see : 1. BitStamp hacked case related 2. Silkroad Trial 3. Panic Seller
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Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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jbreen1
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January 15, 2015, 02:47:32 PM |
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A few things come to mind: 1) borrowers on btcjam and the like. The only "purpose" I can see for such sites is naked shorting. If price drops, hurrah, you win, rinse, repeat. If it goes up, just default on your loan, and you still win. This is why you should never lend out your coins; either you will lose because the value of btc goes down, or you will lose most of your deals because your borrowers will default. 2) bitstamp hacker. Havent checked yet, did the coins move? 3) All the ponzi and other scam operators. Most of them dont care about BTC, they just use it as a convenient way to conduct their scamming business. Since they obtained the BTC at virtually no cost, they will cash out regardless of price. 4) the sheep. How the market works. Great cartoon.
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devandtech
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January 15, 2015, 10:08:24 PM |
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Maybe it is time for a bitcoin 2.0 to arrive
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kleineaap
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January 15, 2015, 10:09:23 PM |
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Miners
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ivyleague1985
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January 15, 2015, 10:14:54 PM |
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Tim Draper (lol this is the speculation section correct?) Not Tim Draper. He invested most of his coins into several bitcoin startups and VCs. And it is not in his interest to dump it this low. I believe it is one EVIL exchange that uses dump and pump to get rich quick.
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Driv3n
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January 15, 2015, 10:22:48 PM |
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Might have been Butterfly Labs... anyone seen the article speculating they caused the crash and still have ~90,000 BTC to go?
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kryptopojken
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January 15, 2015, 10:45:08 PM |
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Benji selling, Willy buying
Obv
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flyingplows
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January 15, 2015, 10:46:08 PM |
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long term holders and or people deciding to cash out and watch for a sec
long term holders had a good laugh ;]] just about time u know... i dont know myself since the news are quite good, more adoption etc, and all of the sudden such a drop... doesnt seem legit drop i bought more, and gonna buy even more if price drops further cause to my understanding there is no reason for it, just some big dumps
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Einewton
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January 15, 2015, 10:46:09 PM |
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Maybe it is time for a bitcoin 2.0 to arrive Patience, Bitcoin 1.0 isn't here yet. Sooo true.. lol
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-= Got BitCoin? =-
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devandtech
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January 15, 2015, 11:51:39 PM |
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Maybe it is time for a bitcoin 2.0 to arrive Patience, Bitcoin 1.0 isn't here yet. Sooo true.. lol It does get kind of irritating all this talk of Bitcoin 2.0 when anyone that's been watching it a while is eager with anticipation for the great 1.0, the only good thing is its a bit like jurnos writing about "Bit Coin" with an air of professionalism On-topic, there's a lot of views on who's doing the dumping and they all hint at a blind spot in human nature, looking for a single answer when usually there's a multitude of them. If there was a single cause then here is probably the least likely place to find it, this place is full of agenda driven posters and anyone with the kind of funds move markets that much will also have plenty spare to pay astroturfers to muddy the waters. Bitstamp's probably the most likely as its the most recent news but after seeing the silkroad "crash" that started before news was even released its obvious headlines are sometimes more an excuse than a reason. Who knows, maybe China banned Bitcoin yet again. We are in the 1.0 phase no? 2.0 doesn't have to mean a new crypto. 2.0 could be a new path for bitcoin. Instead of the Mt.gox's and market hysteria of 1.0 we will have the hardware integration, widespread adoption and etfs of 2.0. Just my opinion.
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spacecakes
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January 16, 2015, 12:05:18 AM |
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long term holders and or people deciding to cash out and watch for a sec
long term holders had a good laugh ;]] just about time u know... i dont know myself since the news are quite good, more adoption etc, and all of the sudden such a drop... doesnt seem legit drop i bought more, and gonna buy even more if price drops further cause to my understanding there is no reason for it, just some big dumps I really hope the early adopters got out before 200 each haha.
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HarmonLi
Sr. Member
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Honest 80s business!
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January 16, 2015, 01:05:03 AM |
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Who is dumping BTC? It sparked a very big panic.
Everyone. Especially people who short on margin, people who firmly believe in TA (-> self-fulfilling prophecies, right there!) and many people who panic, panic, panic. But I don't think they'll account for that much, they mostly just get "slaughtered" in the process of the crash...
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devandtech
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January 16, 2015, 03:06:30 AM |
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... We are in the 1.0 phase no? 2.0 doesn't have to mean a new crypto. 2.0 could be a new path for bitcoin. Instead of the Mt.gox's and market hysteria of 1.0 we will have the hardware integration, widespread adoption and etfs of 2.0. Just my opinion.
That's what its being touted as, funny in an inside joke kind of way is all Imho its not really accurate though, all that stuff will be innovations that use Bitcoin while Bitcoin its self will change little and put focus on being a solid foundation to build upon, security, capacity, that kind of thing. The alts will be where the 2.0 stuff gets integrated into the core functionality of cryptos first and those features will only make their way into Bitcoin when they're tried and proven. Even the concept of "2.0" has a bit of humour in it as that's more the way things work with propitiatory software, open source tends to have forks and diversions that are in use beforehand with major versions wrapping them up and making things tidy. I agree with this. Bitcoin's foundation will continue to be built upon and alts will serve as more of a testing ground for future bitcoin tech. Everyone does get caught in the idea of 2.0 like it will be another bitcoin but I feel as I think you do, 2.0 is bitcoin with a legitimate ecosystem, significant testing, and very user friendly for the masses.
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flyingplows
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January 20, 2015, 06:37:20 PM |
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still dumping or is this a new price range for long..
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stonerider
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January 20, 2015, 07:52:30 PM |
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Calm before the storm??
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bitcoin_bagholder
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January 20, 2015, 11:51:51 PM |
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Tim Draper (lol this is the speculation section correct?) May I ask who Tim Draper is? Reminds me of Don Draper from Mad Men. Someone with more money to throw around than you have.
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Bitmixer sucks
Bit-X sucks
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ensurance982
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January 20, 2015, 11:59:15 PM |
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It's just pure bottom-finding going on at the moment, and especially over the last two weeks. It's not a single entity dumping coins in my opinion. Sure, mining operations have to liquidate BTC constantly, but this has to be factored in at some point.
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We Support Currencies: BTC, LTC, USD, EUR, GBP
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BillyBobZorton
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January 21, 2015, 12:30:07 AM |
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Maybe it is time for a bitcoin 2.0 to arrive Patience, Bitcoin 1.0 isn't here yet. Sooo true.. lol It does get kind of irritating all this talk of Bitcoin 2.0 when anyone that's been watching it a while is eager with anticipation for the great 1.0, the only good thing is its a bit like jurnos writing about "Bit Coin" with an air of professionalism On-topic, there's a lot of views on who's doing the dumping and they all hint at a blind spot in human nature, looking for a single answer when usually there's a multitude of them. If there was a single cause then here is probably the least likely place to find it, this place is full of agenda driven posters and anyone with the kind of funds move markets that much will also have plenty spare to pay astroturfers to muddy the waters. Bitstamp's probably the most likely as its the most recent news but after seeing the silkroad "crash" that started before news was even released its obvious headlines are sometimes more an excuse than a reason. Who knows, maybe China banned Bitcoin yet again. What's funny is all this talk about sidechains being the second coming of Jesus H Christ when we still haven't even got out of Bitcoin beta, how ridiculous? people will need to learn basic BTC before sidechaining biz.
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ensurance982
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January 21, 2015, 12:34:25 AM |
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Maybe it is time for a bitcoin 2.0 to arrive Patience, Bitcoin 1.0 isn't here yet. Sooo true.. lol It does get kind of irritating all this talk of Bitcoin 2.0 when anyone that's been watching it a while is eager with anticipation for the great 1.0, the only good thing is its a bit like jurnos writing about "Bit Coin" with an air of professionalism On-topic, there's a lot of views on who's doing the dumping and they all hint at a blind spot in human nature, looking for a single answer when usually there's a multitude of them. If there was a single cause then here is probably the least likely place to find it, this place is full of agenda driven posters and anyone with the kind of funds move markets that much will also have plenty spare to pay astroturfers to muddy the waters. Bitstamp's probably the most likely as its the most recent news but after seeing the silkroad "crash" that started before news was even released its obvious headlines are sometimes more an excuse than a reason. Who knows, maybe China banned Bitcoin yet again. What's funny is all this talk about sidechains being the second coming of Jesus H Christ when we still haven't even got out of Bitcoin beta, how ridiculous? people will need to learn basic BTC before sidechaining biz. Well, who knows... Maybe sidechains are going to be exactly what Bitcoin needs to come out of the Beta and unfold its real potential. You're saying it yourself: Bitcoin is still in its development. Now is the time to introduce those new potentially crucial features!
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We Support Currencies: BTC, LTC, USD, EUR, GBP
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pattu1
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January 21, 2015, 12:46:22 AM |
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It's just pure bottom-finding going on at the moment, and especially over the last two weeks. It's not a single entity dumping coins in my opinion. Sure, mining operations have to liquidate BTC constantly, but this has to be factored in at some point.
The problem is that the downtrend has been on for months now... And the bottom doesn't seem to be in sight!
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deine mudder
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January 21, 2015, 02:44:42 AM |
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It's just pure bottom-finding going on at the moment, and especially over the last two weeks. It's not a single entity dumping coins in my opinion. Sure, mining operations have to liquidate BTC constantly, but this has to be factored in at some point.
The problem is that the downtrend has been on for months now... And the bottom doesn't seem to be in sight! Are people still fishing for bottoms by catching knifes People, the hype is over. You don't need to panicbuy all the time. And catching knifes is a bad idea too.
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nextblast
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January 21, 2015, 05:40:58 AM |
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Greedy BTC buyers are dumping, because they want to buy more coins back with lower price.
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Chef Ramsay
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January 21, 2015, 06:21:55 AM |
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Greedy BTC buyers are dumping, because they want to buy more coins back with lower price.
I'm not seeing it unless you just posted a message you meant to send out a week ago. Now, I'm not saying the complete opposite is true but there certainly isn't a dump going on. The price is on the sturdy end of the last handful of days.
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