Huge BTC dump incoming

[Ibian]

People selling now will get stuck cause they will never buy btc at this price, I will laugh so hard at trolls selling btc at this price later

or the price will crash and those "trolls" will laugh at you that you have a zero worth money

If all your wealth is in Bitcoin, it's sizeable and you don't have any income, it is smart to sell some but if you think Bitcoin have a high probability of success compared to what you will win if it does, you should stay invested.

Yikes.  Yeah if all of your wealth is in Bitcoin, you've got too much of your wealth in Bitcoin - at least to be rational about your decisions when it is involved.

Diversify that shit.

Diversity what? When you don't have much and no realistic prospects for a better life otherwise going all in is the only sensible choice.

[ThatDGuy]

People selling now will get stuck cause they will never buy btc at this price, I will laugh so hard at trolls selling btc at this price later

or the price will crash and those "trolls" will laugh at you that you have a zero worth money

If all your wealth is in Bitcoin, it's sizeable and you don't have any income, it is smart to sell some but if you think Bitcoin have a high probability of success compared to what you will win if it does, you should stay invested.

Yikes.  Yeah if all of your wealth is in Bitcoin, you've got too much of your wealth in Bitcoin - at least to be rational about your decisions when it is involved.

Diversify that shit.

Diversity what? When you don't have much and no realistic prospects for a better life otherwise going all in is the only sensible choice.

Nah.  What you have is relative and what you're able to invest is relative.

Going all in, especially on something as volatile as BTC is risky as hell - and would absolutely drive someone to make emotional buying/selling decisions.  Money isn't made on emotions.

[Ibian]

People selling now will get stuck cause they will never buy btc at this price, I will laugh so hard at trolls selling btc at this price later

or the price will crash and those "trolls" will laugh at you that you have a zero worth money

If all your wealth is in Bitcoin, it's sizeable and you don't have any income, it is smart to sell some but if you think Bitcoin have a high probability of success compared to what you will win if it does, you should stay invested.

Yikes.  Yeah if all of your wealth is in Bitcoin, you've got too much of your wealth in Bitcoin - at least to be rational about your decisions when it is involved.

Diversify that shit.

Diversity what? When you don't have much and no realistic prospects for a better life otherwise going all in is the only sensible choice.

Nah.  What you have is relative and what you're able to invest is relative.

Going all in, especially on something as volatile as BTC is risky as hell - and would absolutely drive someone to make emotional buying/selling decisions.  Money isn't made on emotions.

I'm more than 100% in at the moment and holding. Tried a bit of buying and selling with small amounts just to try it, and stopped when it became obvious I don't have the instinct for it.

Emotion based economy is a state of mind. Some people do it, and some people simply do not.

And there is absolutely nothing relative about it. If the price reaches even a tenth of its potential I will be more than set for life.

[CryptoTrout]

i dont know how to sell btc, i either hold or buy more

[hyphymikey]

Still waiting OP!

Price has only gone up since.

[Chef Ramsay]

No righteous and respectable whale that can move this market with his homies would be affected by these poopoo threads in speculation here. Furthermore, the prospective and interested new well off folks that are checking into the Bitcoin market are basing their buying info off of experts or trusted respectables in this sphere and bit trolls in this particular subforum. Let's get real here.

[fearlesscat10]

People selling now will get stuck cause they will never buy btc at this price, I will laugh so hard at trolls selling btc at this price later

or the price will crash and those "trolls" will laugh at you that you have a zero worth money

If all your wealth is in Bitcoin, it's sizeable and you don't have any income, it is smart to sell some but if you think Bitcoin have a high probability of success compared to what you will win if it does, you should stay invested.

Yikes.  Yeah if all of your wealth is in Bitcoin, you've got too much of your wealth in Bitcoin - at least to be rational about your decisions when it is involved.

Diversify that shit.

Diversity what? When you don't have much and no realistic prospects for a better life otherwise going all in is the only sensible choice.

Nah.  What you have is relative and what you're able to invest is relative.

Going all in, especially on something as volatile as BTC is risky as hell - and would absolutely drive someone to make emotional buying/selling decisions.  Money isn't made on emotions.

I'm more than 100% in at the moment and holding. Tried a bit of buying and selling with small amounts just to try it, and stopped when it became obvious I don't have the instinct for it.

Emotion based economy is a state of mind. Some people do it, and some people simply do not.

And there is absolutely nothing relative about it. If the price reaches even a tenth of its potential I will be more than set for life.

I find your take on bitcoin very interesting. Personally I'm considering putting 50% of my assets solely on bitcoin. But for now I'll just wait and see.

[uki]

Still waiting OP!

Price has only gone up since.

just an observation, very much in-line with what you state:
plenty of such threads like this one, screaming down, down, down, where followed by a sudden up spike, so who knows maybe something is brewing.

[Brewins]

Still waiting for the dump.

If lots of hacks and bitcoin things closing for security concerns failed to crash BTC, what would cause the crash? The US air force bombing the biggest BTC mining farms?

[Bralex]

Still waiting for the dump.

If lots of hacks and bitcoin things closing for security concerns failed to crash BTC, what would cause the crash? The US air force bombing the biggest BTC mining farms?

 

Seems the only thing now is the fork and after that goes by smoothly (fingers crossed) i think we will see the long over due lift off to a value worthy of the might of BTC

So many huge dump calls was made the other day/week good thing they have all found the shadows.

[spirit of btc]

Yeah, something significant,but If it falls below 200 I will buy couple of bitcoins for sure

[BlindMayorBitcorn]

Sunday incoming.

[deepestfear]

I think we may see a temporary drop if the response to the Fed auction turns out to be tepid
Then again, may just be folks trying to pick up coins cheaply

[ndnh]

Volume dropped, interest in the market saturated like just before jan 12th mega crash.
Stay ready! 

Won't happen. Price will either go sideways or up.

[uki]

Seems the only thing now is the fork and after that goes by smoothly (fingers crossed) i think we will see the long over due lift off to a value worthy of the might of BTC
So many huge dump calls was made the other day/week good thing they have all found the shadows.

For now the fork is a distant and not too precise future. There are no details yet, leave alone the date, when it will be implemented. 

[Amph]

nothing happened, price is stable, aside two penny decline maybe, not really what i call a dump

[mishax1]

I'm looking for my SELL button, anybody seen it ?

[xingming]

nothing happened, price is stable, aside two penny decline maybe, not really what i call a dump

IF this were a fiat money every one will talk about a huge dump .
E.g : I have one Million dollars and the price :

245 => 230 : (245/230)-1*100 = 6 %
1 Million * (1-0.06) =  940.000

Did you see how much zero we can loose in this dump ?

[kwukduck]

Well here is the start, the dump volume should multiply around 5 times the upcoming days.

[fonzie]

Well here is the start, the dump volume should multiply around 5 times the upcoming days.

I can confirm, it´s getting way worse from here!