A correction is incoming! | Bitcointalksearch.org

ElpadroBitcoin

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Quote from: BitsandBites on April 27, 2016, 11:37:02 AM

Quote from: BitMaxz on April 27, 2016, 11:15:42 AM

Lol i think be calm and dont panic its just a few dollars and i think more holders are not satisfied and they want to wait to hold more bitcoins so they are just dumping and satisfied what they have.. and i think the truth is the price will increase more sooner imaybe the price sooner will be jump in 500 thats why they arre just giving a sign..

Yeah the correction is small compared what we gained the last weeks. Just hold tight and you will see the price going up again.
At least 500 dollar in may.

Nobody will know for sure that it is going to happen and that is the problem so you have also to take some risks if you are going to invest now around this time.
But indeed you also can see now that that value is going to rise and that is perfect for the people who already have Bitcoin.

Zitdadast

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LTC fan 4ever

The bitcoin price is still in the correction or the consolidation phase. It has been there for more than 6 months already.

NordicRanger

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Quote from: BitsandBites on April 27, 2016, 11:37:02 AM

Quote from: BitMaxz on April 27, 2016, 11:15:42 AM

Lol i think be calm and dont panic its just a few dollars and i think more holders are not satisfied and they want to wait to hold more bitcoins so they are just dumping and satisfied what they have.. and i think the truth is the price will increase more sooner imaybe the price sooner will be jump in 500 thats why they arre just giving a sign..

Yeah the correction is small compared what we gained the last weeks. Just hold tight and you will see the price going up again.
At least 500 dollar in may.

The most people are hoping of course that the value will be more worth so they can sell it with some nice profit and that will be great for them they already waited a long time.
But you never know what is going to happen and for how long it will rise and that is the problem.

upsidedown75

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Quote from: r0ach on April 26, 2016, 10:59:15 PM

Quote from: talks_cheep on April 26, 2016, 10:08:00 PM

Looking at the books, it's obvious there are lots of people ready to take profit from the recent rise in btc price. We'll see 445 soon.

Click the original poster's post history. It's a zionist banker shill spam account. Every single post for 20 pages says "price will collapse to 0 any second". Not sure how this account is not banned. The fact that they do not ban this account is very suspicious. It's the same 2 line spam posts for months, even when the price is going from 200 to 500.

I checked and I don't quite understand what you're saying. I don't see "price will collapse to 0 any second" at " Every single post for 20 pages."
In relation to what OP said, he's not entirely wrong though. We may very well see a correction soon enough when people starts dumping bitcoins.

MingLee

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Quote from: talks_cheep on April 27, 2016, 11:02:43 PM

Wow, I never thought we'd go so low as to 435 but we did. It's recovered to 442 right now, hope it will go stable at around 445-450.

I'm not really surprised that it went that low, probably someone manipulating the market to make some money off of their losses from the dive from $460 to be honest. I can see some people looking to make some easy money off of people moving the value.

talks_cheep

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Wow, I never thought we'd go so low as to 435 but we did. It's recovered to 442 right now, hope it will go stable at around 445-450.

mookid

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I honestly believe that the bull market will keep going, the price will recover shortly.

maokoto

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Quote from: talks_cheep on April 26, 2016, 10:08:00 PM

Looking at the books, it's obvious there are lots of people ready to take profit from the recent rise in btc price. We'll see 445 soon.

Somewhat agree. That way it has been on the two or three previous raises. Goes up to above 450, then down again.

spazzdla

legendary

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WE ARE IN BULL MARKET

BUY THE DIP, SELL THE SUPER RISE IS IN EFFECT.

Or buy the dip and sit on the train. $750 here we come.

~BitSy~

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From the outcome it looks like you almost got it correct due to recent crash that landed to 455 at the moment however I don't think it will be another of those phases and will get back on track eventually. Care to share how did you guess this? Wink

aciddude

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Quote from: MatTheCat on April 27, 2016, 01:07:56 PM

Quote from: bigfryguy on April 26, 2016, 10:37:54 PM

chinese yuan has made its first move to decouple itself from US debt by becoming a gold standard. US dollar has become whitewashed without anyone taking notice... well anyone except bitcoin comunity and gold bugs.

eh wot?

CNY has become a gold standard!?

Shocked

The new Chinese Yuan is backed by Chinas recent gold hoard...they bought tons of gold while it was cheap over the years. Also - you can try googling for this information but it's hard to find. Basically if you look...you'll find out the new gold backed Yuan CANNOT be traded/sold for USD....this is a major play against the US of A.

Also if anyone paid attention in school, you'd know in our lifetime the USD will shift from becoming the world reserve currency and so far it's looking like the Yaun is the next one in line...

---
We all know the dollar is worthless and Americas debt is only growing and the dollar is just becoming more worthless

Fun times ahead over the next 10-20 years.

MatTheCat

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Activity: 840

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Quote from: bigfryguy on April 26, 2016, 10:37:54 PM

chinese yuan has made its first move to decouple itself from US debt by becoming a gold standard. US dollar has become whitewashed without anyone taking notice... well anyone except bitcoin comunity and gold bugs.

eh wot?

CNY has become a gold standard!?

Shocked

BitsandBites

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Activity: 350

Merit: 250

Quote from: BitMaxz on April 27, 2016, 11:15:42 AM

Lol i think be calm and dont panic its just a few dollars and i think more holders are not satisfied and they want to wait to hold more bitcoins so they are just dumping and satisfied what they have.. and i think the truth is the price will increase more sooner imaybe the price sooner will be jump in 500 thats why they arre just giving a sign..

Yeah the correction is small compared what we gained the last weeks. Just hold tight and you will see the price going up again.
At least 500 dollar in may.

BitMaxz

legendary

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Block halving is coming.

Lol i think be calm and dont panic its just a few dollars and i think more holders are not satisfied and they want to wait to hold more bitcoins so they are just dumping and satisfied what they have.. and i think the truth is the price will increase more sooner imaybe the price sooner will be jump in 500 thats why they arre just giving a sign..

talks_cheep

legendary

Activity: 1036

Merit: 1000

After a correction the usual thing to happen is a consolidation. I'm betting either a consolidation around 460 or another rise to 475. If it consolidates around 455-460 for a few days, expect a rise to 475-480.

Why the hate for saying a correction was incoming? On this forum, if you speak about btc price going low, you're automatically a heretic. I've called a few crashes, some of which never materialized, and I've called for a few rises, some of which never materialized; the point is I call it the way I see it. Unlike many bulltards here, I have NO vested interest. I don't care one way or another if bitcoin succeeds or not, I'm happy with current system with fiat and credit. I'm equally happy with my bitcoins and altcoins, if they succeed, I'll be RICHER, but I know I can't take them with me to my grave.

thesonandheir

newbie

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Don't panic, probably some people got stopped out by AAPL drop and had to liquidate a few BTC.

Buy the dip kids.

randy8777

legendary

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Merit: 1000

looks like op wasn't that wrong on saying that a correction is due. finex dropped from $465 to $450 in a very short time. let's see if this dump brings people back to earth.

BitHodler

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Quote from: Denker on April 27, 2016, 04:27:23 AM

Correct me if I'm wrong but isn't op the guy who is always predicting Bitcoin going down and and other kind of doom scenarios? Cheesy

A slight drop on a short term view isn't something I care about to be honest. We are in an upwards movement and only that is what counts imo.

Yep, in that aspect he can be seen as the lil bro of kwukduck.

However, for once everything that OP is saying does indeed makes sense. I am expecting a correction too.

LMGTFY

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Quote from: Denker on April 27, 2016, 04:27:23 AM

Correct me if I'm wrong but isn't op the guy who is always predicting Bitcoin going down and and other kind of doom scenarios?
A slight drop on a short term view isn't something I care about to be honest. We are in an upwards movement and only that is what counts imo.

I'm sure I saw talks_cheep post something positive. Once. Maybe. Wink

I think a correction is inevitable. Whether it's imminent, however, is much less certain. Analysis that goes significantly beyond "looking at the order books" would be useful... I trust order books about as much as most people trust the CNY exchanges. Or, for that matter, posts from posters whose past prophecies of doom have not come to pass.

Denker

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Correct me if I'm wrong but isn't op the guy who is always predicting Bitcoin going down and and other kind of doom scenarios? Cheesy

A slight drop on a short term view isn't something I care about to be honest. We are in an upwards movement and only that is what counts imo.

Topic: A correction is incoming! (Read 1735 times)