Author

Topic: And so begins the new crash. (Read 3302 times)

sr. member
Activity: 327
Merit: 250
February 19, 2015, 02:05:40 PM
#37
I'm really curious whether these threads are really launched in order to try to influence the price.

Given that some old-timers are making these posts - It might be the case.

I doubt theese threads are being made trying to shake down some holders to sell, since there is little chance of having the influence to big players who still hold the game.
Bitcoin price is quite unpredictable, and even those who are trading it from start have a hard time making significant profits, unless you have the time to play by the old rule,
wait for unrealistic grow-sell, wait for unrealistic low fall, and rebuy, but since those time periods are so far apart, many traders rather gamble short term trading than waiting.

cheers

I think the threads by newbies with zero activity are often launched in order to try to influence the price. When a thread's started by an old-timer I'm not so sure about it. All the posts they have made over the years have got to count for something.
sr. member
Activity: 248
Merit: 252
February 19, 2015, 02:03:49 PM
#36
I'm in Thailand at the moment, which has a large quotient of Chinese people at this time of year.  New year as I understand it starts on the 19th February (2015) and they're rolling it into the weekend (until the 22nd), if that makes any difference...

legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
February 19, 2015, 01:54:57 PM
#35
I'm really curious whether these threads are really launched in order to try to influence the price.

Given that some old-timers are making these posts - It might be the case.

I doubt theese threads are being made trying to shake down some holders to sell, since there is little chance of having the influence to big players who still hold the game.
Bitcoin price is quite unpredictable, and even those who are trading it from start have a hard time making significant profits, unless you have the time to play by the old rule,
wait for unrealistic grow-sell, wait for unrealistic low fall, and rebuy, but since those time periods are so far apart, many traders rather gamble short term trading than waiting.

cheers
hero member
Activity: 728
Merit: 500
February 19, 2015, 01:51:45 PM
#34
I'm really curious whether these threads are really launched in order to try to influence the price. And even more interested whether there's any cause-effect relation between people posting there threads and people selling their coins...

Probably not any cause-effect relationship when the author is kwukduck.
hero member
Activity: 812
Merit: 509
February 19, 2015, 01:42:42 PM
#33
I'm really curious whether these threads are really launched in order to try to influence the price.

Given that some old-timers are making these posts - It might be the case.
hero member
Activity: 894
Merit: 501
February 19, 2015, 01:24:11 PM
#32
I'm really curious whether these threads are really launched in order to try to influence the price. And even more interested whether there's any cause-effect relation between people posting there threads and people selling their coins...

I'm pretty sure you'd see a graph with an exponentially decreasing causation of thread posts to price fluctuation. I remember when every 'big'ish news story would cause significant price change responses, even some which were FUD or fraud too. Nowadays the news/forums factor has much less effect on price volatility.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
February 19, 2015, 12:15:26 PM
#31
I'm really curious whether these threads are really launched in order to try to influence the price. And even more interested whether there's any cause-effect relation between people posting there threads and people selling their coins...
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 19, 2015, 11:59:58 AM
#30
Buy orders are vanishing before our eyes, selling pressure increasing massively. The path is clear to drop below $200.

OTC prices are already around the 200 mark with big volumes being sold.

This is a huge indicator for upcoming big dumps.

Short and sell now or hold the bag.

Hmm, so about that dump to $200...



Still waiting for that huge indicator.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 19, 2015, 11:29:20 AM
#29
It's Chinese new year, what you expect? ...

No one ever looks farther than their own bias here anymore. Except you.  Cheesy

As you point out, it's the biggest holiday on the Chinese calendar. Saying it is a crash is like saying there is an annual Christmas crash in the U.S. 
legendary
Activity: 1092
Merit: 1000
February 19, 2015, 11:22:34 AM
#28
What dump , the price seem pretty stable to me , It didn't go under 230$ the last couple of weeks as far as I know .
It dosen't change the fact that I'am wondering why the price didn't crash like hell since a lot of big Exchangers lost shitload of money and got hacked => they shutted down tho .

~ Madness


that's strange cuz according to my coinbase account i just bought coins @218 after the coinbase pump got dumped on. ...we better not listen to you cuz u seem to be confused and unknowing.

You can check the price your self instead of accusing me of ignorance : http://preev.com/
I've been checking it the whole week and nothing unusual happened to be honest , Unless I missed it then that's another thing .

~ Madness


yeah i looked at my coinbase account, i bought two coins @218 on feb 9th...and that wasnt the bottom. i missed the bottom by like $3.00 or something.

hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
February 19, 2015, 11:16:20 AM
#27
What dump , the price seem pretty stable to me , It didn't go under 230$ the last couple of weeks as far as I know .
It dosen't change the fact that I'am wondering why the price didn't crash like hell since a lot of big Exchangers lost shitload of money and got hacked => they shutted down tho .

~ Madness


that's strange cuz according to my coinbase account i just bought coins @218 after the coinbase pump got dumped on. ...we better not listen to you cuz u seem to be confused and unknowing.

You can check the price your self instead of accusing me of ignorance : http://preev.com/
I've been checking it the whole week and nothing unusual happened to be honest , Unless I missed it then that's another thing .

~ Madness
legendary
Activity: 1092
Merit: 1000
February 19, 2015, 11:07:55 AM
#26
What dump , the price seem pretty stable to me , It didn't go under 230$ the last couple of weeks as far as I know .
It dosen't change the fact that I'am wondering why the price didn't crash like hell since a lot of big Exchangers lost shitload of money and got hacked => they shutted down tho .

~ Madness


that's strange cuz according to my coinbase account i just bought coins @218 after the coinbase pump got dumped on. ...we better not listen to you cuz u seem to be confused and unknowing.
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
February 19, 2015, 02:59:06 AM
#25
What dump , the price seem pretty stable to me , It didn't go under 230$ the last couple of weeks as far as I know .
It dosen't change the fact that I'am wondering why the price didn't crash like hell since a lot of big Exchangers lost shitload of money and got hacked => they shutted down tho .

~ Madness
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
February 19, 2015, 02:55:52 AM
#24
It's Chinese new year, what you expect? It's obvious that volumes have decreased!
Wait for a week or two and it's going back to normal.
But yeah, it's better to spread "speculations" and try to earn some satoshi from the ..uninformed ones.
tss
hero member
Activity: 742
Merit: 500
February 19, 2015, 02:28:37 AM
#23
Buy orders are vanishing before our eyes, selling pressure increasing massively. The path is clear to drop below $200.

OTC prices are already around the 200 mark with big volumes being sold.

This is a huge indicator for upcoming big dumps.

Short and sell now or hold the bag.

just curious.  where do you get these otc prices?  who's quoting them?
member
Activity: 71
Merit: 10
February 18, 2015, 09:00:43 PM
#22
Buy orders are vanishing before our eyes, selling pressure increasing massively. The path is clear to drop below $200.

OTC prices are already around the 200 mark with big volumes being sold.

This is a huge indicator for upcoming big dumps.

Short and sell now or hold the bag.

Cool handle, Kwukduck.  Your anus must be raw and bleeding -- only explanation for your unfettered vitriol.   Nobody will hold your bag (as empty as it is and as much as you want that).
sr. member
Activity: 392
Merit: 250
February 18, 2015, 07:42:27 PM
#21
Vast majority of BTC market is from Chinese traders. Do they have CNN in China?
hero member
Activity: 812
Merit: 509
February 18, 2015, 07:05:08 PM
#20
CNN show coming. Rise coming. Don't forget.
hero member
Activity: 700
Merit: 500
February 18, 2015, 07:03:10 PM
#19
BTC CRASHING

UPWARDS  Grin

Close your shorts cut your loooose
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
February 18, 2015, 07:02:34 PM
#18
~$240 all the way down to 230... Oh the horror!  Roll Eyes
Large numbers of Bear trolls giving bad advice == "And so the new RALLY begins"
Buy low while you can.
hero member
Activity: 812
Merit: 509
February 18, 2015, 06:34:23 PM
#17
Some older members here are now being bearish.
sr. member
Activity: 361
Merit: 250
February 18, 2015, 06:03:40 PM
#16
Sure you made good profits in the past months I'm strictly talking about the market from this month onward. From here shorting got way more risky.

what makes you think that ? Lots of coins about to flood the market this year and downtrend still intact... once the downtrend is broken, I change my mind.... but it currently does not look like that. I believe beeing long is more risky, hence I am either short or flat.
sr. member
Activity: 361
Merit: 250
February 18, 2015, 06:00:26 PM
#15
I would also like to point out that since February 1st shorting would have been the quickest way to lose money. See for yourself how the market has developed. But yea go ahead and short sell on margin. Lose everything.

This is a dumb statement and this only applies to someone who opened up a short on Feb 1st and didn't do any additional trading.  Most people who use leverage are very active traders, so I would have to disagree.

I have to agree. I do work with stop loss every time I go short. Lost a few bucks on the latest rally, but this is neglectible compared to the profits made during the last 15 month. Feel sorry for the hodler fools though...
Mind to bless us with you numbers? Wink

sorry bro... thats private.
hero member
Activity: 812
Merit: 509
February 18, 2015, 05:59:58 PM
#14
I disagree. We are about to rebound.
hero member
Activity: 854
Merit: 503
Legendary trader
February 18, 2015, 05:32:29 PM
#13
Sure you made good profits in the past months I'm strictly talking about the market from this month onward. From here shorting got way more risky.
legendary
Activity: 966
Merit: 1000
February 18, 2015, 05:19:05 PM
#12
I would also like to point out that since February 1st shorting would have been the quickest way to lose money. See for yourself how the market has developed. But yea go ahead and short sell on margin. Lose everything.

This is a dumb statement and this only applies to someone who opened up a short on Feb 1st and didn't do any additional trading.  Most people who use leverage are very active traders, so I would have to disagree.

I have to agree. I do work with stop loss every time I go short. Lost a few bucks on the latest rally, but this is neglectible compared to the profits made during the last 15 month. Feel sorry for the hodler fools though...
Mind to bless us with you numbers? Wink
sr. member
Activity: 361
Merit: 250
February 18, 2015, 04:23:44 PM
#11
I would also like to point out that since February 1st shorting would have been the quickest way to lose money. See for yourself how the market has developed. But yea go ahead and short sell on margin. Lose everything.

This is a dumb statement and this only applies to someone who opened up a short on Feb 1st and didn't do any additional trading.  Most people who use leverage are very active traders, so I would have to disagree.

I have to agree. I do work with stop loss every time I go short. Lost a few bucks on the latest rally, but this is neglectible compared to the profits made during the last 15 month. Feel sorry for the hodler fools though...
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
February 18, 2015, 04:11:16 PM
#10
I would also like to point out that since February 1st shorting would have been the quickest way to lose money. See for yourself how the market has developed. But yea go ahead and short sell on margin. Lose everything.

This is a dumb statement and this only applies to someone who opened up a short on Feb 1st and didn't do any additional trading.  Most people who use leverage are very active traders, so I would have to disagree.
hero member
Activity: 854
Merit: 503
Legendary trader
February 18, 2015, 03:46:00 PM
#9
I would also like to point out that since February 1st shorting would have been the quickest way to lose money. See for yourself how the market has developed. But yea go ahead and short sell on margin. Lose everything.
hero member
Activity: 924
Merit: 1000
February 18, 2015, 03:45:08 PM
#8
We found a very thick support around 200 area, but noone can tell what's gonna happen. This stupid situation in Europe is scaring big money that won't invest in such a risky market when the system is on the verge of collapsing.
sr. member
Activity: 433
Merit: 250
February 18, 2015, 03:38:47 PM
#7
When people think they can crash bitcoin below 100$ to make quick bux.
hero member
Activity: 854
Merit: 503
Legendary trader
February 18, 2015, 03:25:51 PM
#6
Below $200 is not realistic at all. Nice try though.
$300 More likely at least so I'm buying more and holding.
hero member
Activity: 504
Merit: 500
Moderator
February 18, 2015, 03:22:01 PM
#5
It´s lookin pretty bad.  Sad
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
February 18, 2015, 03:18:50 PM
#4
I'd agree with kwuk right now. Things are looking weak again after this past rally. Maybe. Not sub 200 though.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
February 18, 2015, 01:39:38 PM
#3
We'll see about that.. Im going long for a quick 8$ profit!
sr. member
Activity: 378
Merit: 250
February 18, 2015, 01:36:25 PM
#2
i dont think thats happening for all day today preev shows steady 230-235 price
legendary
Activity: 1937
Merit: 1001
February 18, 2015, 01:19:47 PM
#1
Buy orders are vanishing before our eyes, selling pressure increasing massively. The path is clear to drop below $200.

OTC prices are already around the 200 mark with big volumes being sold.

This is a huge indicator for upcoming big dumps.

Short and sell now or hold the bag.
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