Huge BTC dump incoming

[BlindMayorBitcorn]

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!

OMG! CONfirmed?!?

[Ibian]

It's a 3% drop. Woo.

[NotHatinJustTrollin]

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!

OMG! CONfirmed?!?

Yes, confirmed.

[ajareselde]

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

Exactly, like i said days, ago, there is no upward movement, theres only dumping short term ahead.
It will stop above 200 tho, doubt it will go any lower than that, atleast not in the next 2 months. Volume will increase, and slowly lower back down, unless some aditional event doesnt push the price furthermore down.

cheers

[brokenchair]

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 ?

Not necessarily true.  Amd stock skyrocketed one day and crashed harder more than than  your comparison. 
People still own it and buy it (not me atm sold at 3.19 from about 2.54 a month or so before  .)  I like amd but they are permabankrupt it seems. 

[fearlesscat10]

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

Exactly, like i said days, ago, there is no upward movement, theres only dumping short term ahead.
It will stop above 200 tho, doubt it will go any lower than that, atleast not in the next 2 months. Volume will increase, and slowly lower back down, unless some aditional event doesnt push the price furthermore down.

cheers

Last time it went below 200, it shot right back up. This time I think it's possible for it to stay sub 200 for a while.

[Jacksp]

Thanks for the info, dumpers are here 

[BlindMayorBitcorn]

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!

OMG! CONfirmed?!?

Yes, confirmed.

My surprise can only be expressed in meme form:

[fearlesscat10]

At what price do you guys think the dump will stop?

[fonzie]

At what price do you guys think the dump will stop?

60-70$ is the point where the huge dumps will probably stop. After that we will see a slow decrease to 0-10$. 

[fearlesscat10]

At what price do you guys think the dump will stop?

60-70$ is the point where the huge dumps will probably stop. After that we will see a slow decrease to 0-10$. 

Damn. Do you guys think the halving next year could stop the downtrend?

[mishax1]

They can dump all day long.. nothing will change.

[Ibian]

I wonder what their strategy is. Dump every so often, see how much is bought by others and how much they have to buy back themselves to get an idea of when the market is ready for a pump? Something like that?

[BlindMayorBitcorn]

They can dump all day long.. nothing will change.

New wallets is meaningless. Stop posting that lol

[mishax1]

How does tripling the number of users in a year is meaningless ?

[Amph]

They can dump all day long.. nothing will change.

if they keep dumping, but the price remain stable, i don't see a problem, 230 barrier will consolidate at the end, and the price will never drop under that

[Bralex]

They can dump all day long.. nothing will change.

if they keep dumping, but the price remain stable, i don't see a problem, 230 barrier will consolidate at the end, and the price will never drop under that

Famous last words 'Never' never say never  but i do not see it dropping below 200's even with fairly big dumps.

Also the amount of wallets created am sure people have created a few i have myself so if one gets hacked etc i still have the other bits to trade/play with.

The bears come out to play with the smallest of drops aha

[ivanst776]

maybe i will be sad that i didn't bought a few BTCs at current levels, but you need to spread your investment

[finnile]

How does tripling the number of users in a year is meaningless ?

How is the number of people estimated ? COuldn't it just be multiple wallets ?

[mishax1]

How does tripling the number of users in a year is meaningless ?

How is the number of people estimated ? COuldn't it just be multiple wallets ?

It's the amount of new accounts created since 1-2012 - https://blockchain.info/charts/my-wallet-n-users?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=