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Topic: $590 won't hold! Another dump to $550 can be expected in 48hours (Read 5037 times)

sr. member
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Mods really should ban newbie accounts from posting in the speculation forum.... Please and thank you.
hero member
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A pumpkin mines 27 hours a night
Just came to point out that the prediction didn't hold even with an additional hour bonus time.

$590 will be broken once the $600 wall build up

That's actually a much more modes prediction. That may actually happen, not that unrealistic!!!
sr. member
Activity: 434
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The world needs stupid people too, so we should be glad we've got him.  Grin
sr. member
Activity: 470
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What's the deal with this Falling guy? If he somehow has something to gain by making the price fall, and you would assume he does since he spends a lot of time telling us how it will fall in different scenarious and that it is better to sell... then why on earth is he calling himself Falling, and thereby making sure nobody will ever listen to him?  Roll Eyes Huh
sr. member
Activity: 434
Merit: 250
What exactly is the point of you making these threads about these SMALL price fluctuations? Who gives a fuck that it will drop 40$?

You do realize that the amount of money that went INTO bitcoin at this point is:



The amount of money that could potentially come into bitcoin over the next years is:





Given the fact that there's only a tiny amount of bitcoins on the exchanges dictating the price, you see now how stupid your BIG DROP announcements look.
member
Activity: 112
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Just came to point out that the prediction didn't hold even with an additional hour bonus time.

$590 will be broken once the $600 wall build up
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Just came to point out that the prediction didn't hold even with an additional hour bonus time.
member
Activity: 112
Merit: 10

another dump to $550 then rebounce to $56x can be expected in 48 hours


It's been 48 hours and the price is now $596.12. Why no dump to $550 then rebounce to $56x?

Give it time.

Bitcoin is a PYRAMIDSHEME and has broken the Get Quick Rich - Trendline. It may not form a new bubble within 12 months!!!!  You can imagine this dude?? 12 months without a bubble???!!! It has failed. Even the Troll Observer has a declining page count followed by ugly rumors...

...be happy that it is still above 550! You can still dump all the shit off!

Corrected, they will be just happy like now when the price re-bounce to $495 after a drop to $450
legendary
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
Good thing we have a Speculation section in the forum. Hope it's easy for most people to reallise that OP is simply trolling rather than giving reasonable predictions.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night

another dump to $550 then rebounce to $56x can be expected in 48 hours


It's been 48 hours and the price is now $596.12. Why no dump to $550 then rebounce to $56x?

Yeah, that would leave us at a lower point than we are now. I guess I'll pass on that offer Cheesy
sr. member
Activity: 434
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He's not going to reply 9/10, but next month he'll create a bunch more threads with "Another dump to 650$/700$ incoming"
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
you seem to be wrong, it's 48+ hours since you posted this statement and guess what, price didn't change at all, 595$. Now, will you say you were wrong or we have to keep track of you so we all know you are just another FUD spreader?
sr. member
Activity: 434
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Because he's wrong, like just about every other time...
member
Activity: 72
Merit: 10

another dump to $550 then rebounce to $56x can be expected in 48 hours


It's been 48 hours and the price is now $596.12. Why no dump to $550 then rebounce to $56x?
sr. member
Activity: 434
Merit: 250
I'm the one that's long term bullish... me no much ride shark, such sad
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
"of cause it will drop much more, $550 is just the next temporarily stop"

Spare your breath people, you can clearly see at his writing skills, he's all in on dogecoin.  Grin

Which fonzie are you? The original bearish one, the bullish one? Or the one that jumped the shark in the 70s?
sr. member
Activity: 434
Merit: 250
"of cause it will drop much more, $550 is just the next temporarily stop" doggy much much crash, such bitcoin

Spare your breath people, you can clearly see at his writing skills, he's all in on dogecoin.  Grin
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
2.5 hours left. Things aren't looking pretty, but I'd accept bets that we won't be at $550 withing 3 hours Smiley
...all we know it's the uptrend has surely gone...

No. This kind of movement is typical for Bitcoin. We enter a phase of flatline movement or a minor downtrend for a month or so. But this doesn't change anything in the bigger picture!
member
Activity: 112
Merit: 10
2.5 hours left. Things aren't looking pretty, but I'd accept bets that we won't be at $550 withing 3 hours Smiley

3 hours or 7 hours doesn't matter, all we know it's the uptrend has surely gone and the price can only drop harder from now (the feeling you have about "things don't look pretty")

how far can $550 be? its just matter of a short periods of time

Are you fooling me dude? 550$ is no blood, it's a teardrop and nothing more. Please post more DOWN COMING!

of cause it will drop much more, $550 is just the next temporarily stop
member
Activity: 112
Merit: 10
2.5 hours left. Things aren't looking pretty, but I'd accept bets that we won't be at $550 withing 3 hours Smiley

3 hours or 7 hours doesn't matter, all we know it's the uptrend has surely gone and the price can only drop harder from now (the feeling you have about "things don't look pretty")

how far can $550 be? its just matter of a short periods of time
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
2.5 hours left. Things aren't looking pretty, but I'd accept bets that we won't be at $550 withing 3 hours Smiley
sr. member
Activity: 644
Merit: 260
When the price down, people buy BTC
and because many people but BTC, the price went up again

this case usually happen, and the low price only lasts about a week (if i'm right)

It depends, if the drop is caused by a bad news, usually the panic sellers will enter in the game together with trading bots,
crashing the price by a large percent.
legendary
Activity: 980
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Need a campaign manager? PM me
Up or down...I am agnostic. Really don't care.

If it goes up, my stake grows in value and purchasing power.

If it goes down, I buy. Tough for me to buy right here, but we are close.

I am also happy with either up and down, but I do care a lot. Mainly because it makes the day interesting and I also like counting my profits Smiley

Tough call for me now, sold at 650, and wondering whether to buy in now. I will wait over the weekend and see how it moves.
newbie
Activity: 21
Merit: 0
I bought at $650...  :l
hero member
Activity: 532
Merit: 500
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

The "downtrend to $0" is impossible, if the price will fall to $100 there will be so many buyers that the value will be raised to the current levels.

$100.00 people will flock on it like flies on poo. The price will sky rocket way past $1000 with all the pump coming in. I'd love to see it to give me a chance to bag hold some coins Smiley
Maybe, but maybe not.  Unless the price slowly descends to 100 over a long period of time, it would take something pretty catastrophic for price to drop that far.  It barely got down to that on Gox even when bankruptcy was almost certain--I'm thinking something like the US and China both banning bitcoin.  If that happened, would you still want to buy in?
full member
Activity: 168
Merit: 100
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

The "downtrend to $0" is impossible, if the price will fall to $100 there will be so many buyers that the value will be raised to the current levels.

$100.00 people will flock on it like flies on poo. The price will sky rocket way past $1000 with all the pump coming in. I'd love to see it to give me a chance to bag hold some coins Smiley
newbie
Activity: 56
Merit: 0
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Finally the $6xx bubble is going to burst, another dump to $550 then rebounce to $56x can be expected in 48 hours

Money in bitcoin is right now on the capital flight ! Fake VC-money involded news & large companies & ethereum are helping the way out!

Quote
Quote from: mmitech on Today at 12:37:19 PM
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.
What are guys like Falling afraid of. While he spends his days jerking off, the speculators here are busy putting their money where their mouth is and are busy losing and making money. Yes it could go to 0$ so what! its not the end of the world, most of us have the balls to take it and start over. My bet is that in 2 years time it will be worth more than now, it may not be but thats where I am.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Just about 20 more hours and we can close this FUD thread and move on continue with the sideways movement!
hero member
Activity: 675
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Freedom to choose
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Good one. I hope price crashes too. I need to buy back some cheaper coins.
That would be great. I just spent 1.2BTC at $620. I would love to replace them at $500. A fall to 0 is laughable and shows a lack of understanding, but when the price goes down I buy. This strategy has never failed me. I have yet to loose a penny.

Supply and Demand will never allow the price to drop to $0, only if SHA/SSL is compromised. And then the question is bitcoin being affected by those exploits?

If people are patient they will watch the next bull run, then buy on the 2nd dip. First dip is the dead cat bounce, second is usually where the new support levels will be.. *usually*
legendary
Activity: 2744
Merit: 1288
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Good one. I hope price crashes too. I need to buy back some cheaper coins.


it will it will, just patience my friend  Wink
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Good one. I hope price crashes too. I need to buy back some cheaper coins.
That would be great. I just spent 1.2BTC at $620. I would love to replace them at $500. A fall to 0 is laughable and shows a lack of understanding, but when the price goes down I buy. This strategy has never failed me. I have yet to loose a penny.
hero member
Activity: 532
Merit: 500
Hoping the same.

Will scoop up some in the 300-400 range. Not going to buy at this level.

And if it rallies like a mad man into 5 digits only to crash down to mid four digits you'd still agree that buying at this level is a bad move?  See, idk what's going to happen, but this logic of "i hope it crashes so i get more cheap coins" seems a hell of a lot riskier than just cost averaging irrespective of price.
I think it depends on how much capital you have and your general strategy.  It sounds to me like tooil is just being patient, which is a very good virtue to practice in trading and investing.  Such a strategy reduces overall risk of loss considerably.  The trade-off, of course, is that your risk of missing a big rally is greater.

But really, at the moment, it doesn't look like we're going anywhere fast, so patience seems wise.  I know things can turn on a dime, but we've had loads of positive news lately, and none of it has been enough to make BTC break $700.  We need either some news that's a real game-changer or some major market to open up (country, investment fund, ETF, etc.) to move us higher.
legendary
Activity: 1960
Merit: 1130
Truth will out!
First day here for me but I think I've just recognized the first troll of the forum. Cheesy

It's just people that want to buy at low prices because they haven't done before.
They're spreading some FUD, so we have to ignore them,  Cheesy it's the best thing that we can do haha.
member
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First day here for me but I think I've just recognized the first troll of the forum. Cheesy
full member
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Hi
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Good one. I hope price crashes too. I need to buy back some cheaper coins.
I really think the OP is just trolling.
sr. member
Activity: 322
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All of this just means more and more opportunities for smart long run sighted people to keep collecting more and more Bitcoin. Can't wait to see how the Ethereum thing turns out. Hope Vitalik doesn't pull a Karpeles on the investors.
legendary
Activity: 2492
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LEALANA Bitcoin Grim Reaper
5000 BTC worth of support on bitstamp alone from here to $550.

Good luck with that lol
hero member
Activity: 784
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A troll quoting another troll, classic.   Roll Eyes

Same kind of guys that panic dumped in the peak at $2, hehe.

Sell cheap, we´re are buying.
legendary
Activity: 1512
Merit: 1000
Hoping the same.

Will scoop up some in the 300-400 range. Not going to buy at this level.

And if it rallies like a mad man into 5 digits only to crash down to mid four digits you'd still agree that buying at this level is a bad move?  See, idk what's going to happen, but this logic of "i hope it crashes so i get more cheap coins" seems a hell of a lot riskier than just cost averaging irrespective of price.
full member
Activity: 154
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Makes me wonder if you are going to see $1000 this year....
full member
Activity: 181
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We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Good one. I hope price crashes too. I need to buy back some cheaper coins.

Hoping the same.

Will scoop up some in the 300-400 range. Not going to buy at this level.
sr. member
Activity: 406
Merit: 250
There are so many unseen things happening that it is impossible to predict. If it goes down I will scoop up some cheap bit coin. If it goes up I will simply hold on to it.
hero member
Activity: 658
Merit: 500
good to know, need to buy some cheap coins!
sr. member
Activity: 364
Merit: 250
Up or down...I am agnostic. Really don't care.

If it goes up, my stake grows in value and purchasing power.

If it goes down, I buy. Tough for me to buy right here, but we are close.
legendary
Activity: 980
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Need a campaign manager? PM me
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

You lost all credibility by saying 0 there, Its simply not going to happen, every point it goes down its exponentially harder to go down more.

I do think it might just reach 500. I am keeping some fiat handy just in case.

And he lost the little credibility he left with that, when you look at his username and says "falling"  Cheesy

Thats what he meant? I thought he kept falling off his bed. Might actually be true though as it seems he may have got a head injury somewhere.
They do not even troll well these days Sad
sr. member
Activity: 462
Merit: 250
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

You lost all credibility by saying 0 there, Its simply not going to happen, every point it goes down its exponentially harder to go down more.

I do think it might just reach 500. I am keeping some fiat handy just in case.

Well that prediction to 0 can be explained when you look at his username and you see "falling"  Cheesy
legendary
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Need a campaign manager? PM me
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

You lost all credibility by saying 0 there. Its simply not going to happen, every point it goes down its exponentially harder to go down more.

I do think it might just reach 500. I am keeping some fiat handy just in case.
hero member
Activity: 532
Merit: 500
A troll quoting another troll, classic.   Roll Eyes

Hehe, best comment so far, i like those apocaliptic prophesies. A dump to 550 can be true but downtrend from 1200 to 0 really? Cheesy
I, too, am hoping that the price continues upward.  But you can't completely discount the possibility that we're headed to 0 (or at least close to it).  Purely from a trading perspective, we're not.  But there's always the possibility of unexpected bad events that could lead to things like the banning of bitcoin worldwide.
legendary
Activity: 1456
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I may write code in exchange for bitcoins.
Why is 24 July a mythical date?

The last two bubble peaks were 234 days apart. The 24th was 234 days after the last one. I think the world is just a teensier bit less predictable than that.

Aha, yes, I see now why he it called it "mythical".  Thanks for the explanation.
legendary
Activity: 812
Merit: 1002
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Good one. I hope price crashes too. I need to buy back some cheaper coins.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Why is 24 July a mythical date?

The last two bubble peaks were 234 days apart. The 24th was 234 days after the last one. I think the world is just a teensier bit less predictable than that.
sr. member
Activity: 434
Merit: 250
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

The "downtrend to $0" is impossible, if the price will fall to $100 there will be so many buyers that the value will be raised to the current levels.

not true, because if there were a crash, you wouldn't know the details about it. it could be something that crumbles the whole bitcoin network.
legendary
Activity: 1456
Merit: 1083
I may write code in exchange for bitcoins.
Why is 24 July a mythical date?
sr. member
Activity: 462
Merit: 250
A troll quoting another troll, classic.   Roll Eyes

Hehe, best comment so far, i like those apocaliptic prophesies. A dump to 550 can be true but downtrend from 1200 to 0 really? Cheesy
hero member
Activity: 532
Merit: 500
He's probably right. All we need is one nice piece of FUD and we'll see the price plummet. The mythical date of July 24 has come and will soon go, and we're still struggling to stay at 50% of the all time high. It looks like we could be facing months of the same old bearshit.
I hate to agree, but this is probably correct.  There's an awful lot of selling pressure above, and the price seems kind of fragile right now, especially with a couple shorter term technical supports being breached.

Edit: if it can't hold on to $600, then $550 is the next major support, so it would probably end up there pretty quickly.
hero member
Activity: 686
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A pumpkin mines 27 hours a night
But this will be interesting. We can wait and gather around when the 48 hours are over, to properly laugh at another attempt to spread FUD.
legendary
Activity: 1960
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Truth will out!
Don't be nervous...

Is not the first time that Bitcoin moves. And more or less ~30-40$ ... so keep calm xD

This happened lots of days  Cheesy
FUD is not good for you haha
sr. member
Activity: 350
Merit: 253
He's probably right. All we need is one nice piece of FUD and we'll see the price plummet. The mythical date of July 24 has come and will soon go, and we're still struggling to stay at 50% of the all time high. It looks like we could be facing months of the same old bearshit.
full member
Activity: 141
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???
troll on troll....sexy
legendary
Activity: 1960
Merit: 1130
Truth will out!
WTF?

There isn't enough FUD on the forum to post this? haha.
Great try, troll. If you don't bought some BTC at good prices is not our problem  Wink
hero member
Activity: 924
Merit: 1000
A troll quoting another troll, classic.   Roll Eyes

Yeah I mean 'falllling' is an obvious troll. Is mmitech a known troll as well? I don't buy those predictions either, but bears aren't always wrong!

Depends on your definition. Some trolls are just super annoying bears that shamelessly talk their book, then whine when they lose money.
hero member
Activity: 616
Merit: 500
I doubt we'll see the 600 resistence broken in 48 hours. There is no reason for that.


Also no downtrend to 0, there is only a no trend that can go anywhere but to 0

legendary
Activity: 2744
Merit: 1288
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Finally the $6xx bubble is going to burst, another dump to $550 then rebounce to $56x can be expected in 48 hours

Money in bitcoin is right now on the capital flight ! Fake VC-money involded news & large companies & ethereum are helping the way out!

Quote
Quote from: mmitech on Today at 12:37:19 PM
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.

I dont see any large company helping yet. can you elaborate on what you meant there?
full member
Activity: 152
Merit: 100
Yes. BTC will struggle. Such is the life of a new technology over 75% of everyone's head.

I will continue to use BTC as a currency until it's dead, because I will use what the people give value to rather than what the government says is worth something.
member
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Ignoring trolls is a full time job here.
sr. member
Activity: 644
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We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

The "downtrend to $0" is impossible, if the price will fall to $100 there will be so many buyers that the value will be raised to the current levels.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
A troll quoting another troll, classic.   Roll Eyes

Yeah I mean 'falllling' is an obvious troll. Is mmitech a known troll as well? I don't buy those predictions either, but bears aren't always wrong!
member
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Price is recovering, the downtrend to zero has ended  Grin
legendary
Activity: 3794
Merit: 5474
A troll quoting another troll, classic.   Roll Eyes
member
Activity: 112
Merit: 10
We are always in the down trend of $1200 to $0 which started from last year, $6xx is already the top bubble we can reach after all these Dead Cat Bounces

Finally the $6xx bubble is going to burst, another dump to $550 then rebounce to $56x can be expected in 48 hours

Money in bitcoin is right now on the capital flight ! Fake VC-money involded news & large companies & ethereum are helping the way out!

Quote
Quote from: mmitech on Today at 12:37:19 PM
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.
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