Bitcoin is crashing. Why? :( - page 2.

srgkrgkj

legendary

Activity: 1218

Merit: 1000

Quote from: aakashsangwan on August 29, 2015, 02:26:29 AM

Quote from: Mobius on August 27, 2015, 04:12:33 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.

lol that's more accurate than u know mate fud is pretty effective depending on ho it comes from and where it orginates from

Monopoly

hero member

Activity: 546

Merit: 500

Quote from: unamis76 on August 08, 2015, 06:17:37 PM

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 ..........

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: aakashsangwan on August 29, 2015, 02:26:29 AM

Quote from: Mobius on August 27, 2015, 04:12:33 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.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: aakashsangwan on August 29, 2015, 02:26:29 AM

Quote from: Mobius on August 27, 2015, 04:12:33 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.

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.

aakashsangwan

hero member

Activity: 994

Merit: 1000

PUGG.io

Quote from: Mobius on August 27, 2015, 04:12:33 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.

Mobius

hero member

Activity: 988

Merit: 1000

Manipulators using the fork as an excuse for fear.

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: errornone on August 08, 2015, 06:16:33 PM

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.

fearlesscat10

hero member

Activity: 686

Merit: 500

Quote from: MonkeyCoin11 on 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.

It's gone up since the $200 drop. We'll see if the slightly upward trend will continue.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: MonkeyCoin11 on 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.

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...

MonkeyCoin11

full member

Activity: 174

Merit: 100

This is the end of the summer holiday, the price will crash...
It usually rise in begin of the holiday and crash after.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: wadili89 on August 26, 2015, 03:03:55 PM

Quote from: fireblond on August 24, 2015, 02:54:21 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.

wadili89

legendary

Activity: 1106

Merit: 1000

Quote from: fireblond on August 24, 2015, 02:54:21 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.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: ?? on ??

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!

luciann

sr. member

Activity: 252

Merit: 250

Quote from: Derrike on August 12, 2015, 12:11:02 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.

lissandra

sr. member

Activity: 434

Merit: 250

Quote from: ?? on ??

Quote from: techgeek on August 24, 2015, 04:05:05 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.

techgeek

hero member

Activity: 826

Merit: 1000

Quote from: dothebeats on August 24, 2015, 03:54:13 PM

Quote from: fireblond on August 24, 2015, 02:54:21 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..

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: fireblond on August 24, 2015, 02:54:21 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.

techgeek

hero member

Activity: 826

Merit: 1000

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.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: fireblond on August 24, 2015, 02:54:21 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.

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.

fireblond

full member

Activity: 200

Merit: 100

Thrive

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.

Topic: Bitcoin is crashing. Why? :( - page 2. (Read 7190 times)