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Topic: Bitcoin is crashing. Why? :( - page 2. (Read 7187 times)

legendary
Activity: 1218
Merit: 1000
August 29, 2015, 10:06:09 AM
Manipulators using the fork as an excuse for fear.
Yes and they also have removed now all the small players from the market by scaring the off.
And now the market is in their full control and they can do whatever they want with it.

lol that's more accurate than u know mate fud is pretty effective depending on ho it comes from and where it orginates from
hero member
Activity: 546
Merit: 500
August 29, 2015, 07:33:30 AM
Because you're not buying coins Grin

It could be a good reason .... people or some whales buying some coins for selling at higher price but see not happening and no interesting in BTC so decide to sell them eventually ..........
legendary
Activity: 896
Merit: 1000
August 29, 2015, 04:19:33 AM
Manipulators using the fork as an excuse for fear.
Yes and they also have removed now all the small players from the market by scaring the off.
And now the market is in their full control and they can do whatever they want with it.

the market has always been in control of whales/large investors, nothing new here. these dramatic price movements will indeed scare away weak hands, but the question is, for how long.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 29, 2015, 04:01:20 AM
Manipulators using the fork as an excuse for fear.
Yes and they also have removed now all the small players from the market by scaring the off.
And now the market is in their full control and they can do whatever they want with it.

Manipulators are the least thing to worry about. Price goes up and down, following the median line of valuation, with 2-3 standard deviation of variance.

The big problem bitcoin faces is an existential one, I`m more worried that the developers fuck up the code or implement a new protocol with cryptographic vulnerabilities. Yes the devs have IQ over 140 and are very good at what they do, but they are certainly egomaniacs, and above all humans, who can do errors.

So i`m more worried about a black swan error that can break the protocol, a sort of unseen bug or glitch that can be exploited very hardly.
hero member
Activity: 994
Merit: 1000
PUGG.io
August 29, 2015, 02:26:29 AM
Manipulators using the fork as an excuse for fear.
Yes and they also have removed now all the small players from the market by scaring the off.
And now the market is in their full control and they can do whatever they want with it.
hero member
Activity: 988
Merit: 1000
August 27, 2015, 04:12:33 AM
Manipulators using the fork as an excuse for fear.
legendary
Activity: 1134
Merit: 1000
August 27, 2015, 03:44:31 AM
Why is it crashing?

Where do you found this gem? What excellent annalist of bitcoin have arrived in a such definitive and (according to me) surprising conclusion? Please refer here the sources to learn more and to have the possibility to discuss about the facts given about this great discovery.
hero member
Activity: 686
Merit: 500
August 27, 2015, 03:15:58 AM
This is the end of the summer holiday, the price will crash...
It usually rise in begin of the holiday and crash after.

It's gone up since the $200 drop. We'll see if the slightly upward trend will continue.
legendary
Activity: 3248
Merit: 1070
August 27, 2015, 02:09:35 AM
This is the end of the summer holiday, the price will crash...
It usually rise in begin of the holiday and crash after.

and also the price should recover in autumn, betting on a rally around the summer is a bit naive if you ask me, there never a good pump or a notorious ones in the summer, if i'm not mistaken

winter and autumn should bring a fresh new air to bitcoin and hopefully an increase in value, i believe that, this is a long despair fase...
full member
Activity: 174
Merit: 100
August 27, 2015, 01:31:33 AM
This is the end of the summer holiday, the price will crash...
It usually rise in begin of the holiday and crash after.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 26, 2015, 08:23:11 PM
BTC is going toward $200 unfortunately, only by then it will take another decision (going up or keep going down)

That's scary thought though.

its 230$ again and going strong, it was just a little price down as its back to 230$ and it started going down from 260$ and now the difference is only for 30$ you cant say it is a crash.

Well certainly this China mess & the Dow jones -10% crash is affecting the dollar, and a new crisis is just around the corner.

But remember we got a crisis with bitcoin too, this XT madness, so its really a dead end.

I`d hedge myself with some altcoins just to be safe, until this XT mess is resolved we wont see 1000$ bitcoin for sure.
legendary
Activity: 1106
Merit: 1000
August 26, 2015, 03:03:55 PM
BTC is going toward $200 unfortunately, only by then it will take another decision (going up or keep going down)

That's scary thought though.

its 230$ again and going strong, it was just a little price down as its back to 230$ and it started going down from 260$ and now the difference is only for 30$ you cant say it is a crash.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 24, 2015, 07:13:09 PM

Unless you have instantly sold for fiat, you've lost money.  The very thing that Bitcoin, according to techgeek, is meant to protect you from Undecided

Unless the devs stop bickering and sabotaging it, we cannot have a safe currency. Fiat is crap but until this big mess gets sorted out it seems a better haven (at the risk of bail-in).

I`m thinking about Litecoin ,NXT, Bitshares, Ethereum and maybe Monero and Nushares, as a basket of safe haven for now, I`d not switch to fiat personally.

If Bitcoin survives it becomes stronger, if it does not then the Altcoins will have something to learn from!
sr. member
Activity: 252
Merit: 250
August 24, 2015, 05:48:18 PM
Bitcoin is crashing down because there is no new good news to support its over manipulated prices.

And also that the people who brought Bitcoins and don't have patience are cashing out.

Its crashing down because people cant see the adjusments based on technical stuff.

Which is like the bitcoin split or the difficulty on the rise around and another halving.. its stuff like that. Whats worst is that we havent seen the better parts to bitcoin where new exchanges of gemini can also effect it.
sr. member
Activity: 434
Merit: 250
August 24, 2015, 05:07:10 PM

I think most people under appreciate that bitcoin itself exist to protect our money from those events happening..

If I understand you correctly, you spent real money on Bitcoin?  To avoid losing it?
How's that working out for you lately?

It doesnt have to be spending real money on bitcoin.

Although most probably do this. I think most holders like that guy are earning obviously or getting a way to get btc without the pay for fiat.

I myself sold something recently for bitcoin before this whole downtrend price.
hero member
Activity: 826
Merit: 1000
August 24, 2015, 04:05:05 PM
BTC is going toward $200 unfortunately, only by then it will take another decision (going up or keep going down)

That's scary thought though.

You know what's even scarier? Not that the price is falling, but if bitcoin never existed in the first place. It's just how the market plays out its own games on people. The price is based on how people react to certain events. Up or down, it is the people in the markets who decide. There's nothing scary to it, unless you put your life savings in it at stake.

The world with no options would really suck, cause then any banking crisis we just take it like a champ without moving our money.

I think most people under appreciate that bitcoin itself exist to protect our money from those events happening..
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 24, 2015, 03:54:13 PM
BTC is going toward $200 unfortunately, only by then it will take another decision (going up or keep going down)

That's scary thought though.

You know what's even scarier? Not that the price is falling, but if bitcoin never existed in the first place. It's just how the market plays out its own games on people. The price is based on how people react to certain events. Up or down, it is the people in the markets who decide. There's nothing scary to it, unless you put your life savings in it at stake.
hero member
Activity: 826
Merit: 1000
August 24, 2015, 03:50:53 PM
Its just of how people percieve with the new hard fork update.

Some people want to see the bitcoin not split up, some are forced to saying if we do go with the change how does transactions would react for old core users.
legendary
Activity: 2170
Merit: 1427
August 24, 2015, 03:16:03 PM
#99
BTC is going toward $200 unfortunately, only by then it will take another decision (going up or keep going down)

That's scary thought though.

Nothing scary about it. For one trader it might be a bad situation seeing the price go down while the other is seeing it as a great buying moment. Either way, a few people lose, a few win.
full member
Activity: 200
Merit: 100
Thrive
August 24, 2015, 02:54:21 PM
#98
BTC is going toward $200 unfortunately, only by then it will take another decision (going up or keep going down)

That's scary thought though.
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