Bitcoin Just Crashed | Bitcointalksearch.org

RealBitcoin

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Quote from: extrabyte on August 22, 2015, 09:12:14 PM

Heavily manipulated market. Lots of newbie selling low into strong hands. In order for Bitcoin to prove to the world how resilient it is we need to head into the low $200's - perhaps lower. Then rebound with great strength to around $2000. Anyone who sold or made fun of Bitcoin in 2014 will look like a fool. This same exact thing happened in during the bubble/crash of 2011-2012

Tell that to mainstream media presstitutes, they are basic shills and tell what they are told to.

They make fun of themselves for a living, via global audience. It's really pathetic what journalism has come too.

Anyway, bashing of bitcoin will never end, there will always be idiots who doubt anything without even looking into it.

extrabyte

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Heavily manipulated market. Lots of newbie selling low into strong hands. In order for Bitcoin to prove to the world how resilient it is we need to head into the low $200's - perhaps lower. Then rebound with great strength to around $2000. Anyone who sold or made fun of Bitcoin in 2014 will look like a fool. This same exact thing happened in during the bubble/crash of 2011-2012

RealBitcoin

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Quote from: Shinpako09 on August 22, 2015, 08:02:08 PM

Bitcoin price crashed into $180 last february if im not mistaken and goes up again..I'm sure price will go up again. I dont know bout is xt. What i know is that's the reason why the price fall down. xt must eliminate.

Yep, i`m not worried about sudden crash caused by speculators , since there is massive support around 190-180 € or $ equivalent.

What i`m worried about is a longer term downtrend as big guys start pulling out of bitcoin, due to the lack of trust in the development team.

Shinpako09

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Bitcoin price crashed into $180 last february if im not mistaken and goes up again..I'm sure price will go up again. I dont know bout is xt. What i know is that's the reason why the price fall down. xt must eliminate.

RealBitcoin

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Quote from: Mickeyb on August 22, 2015, 04:20:29 PM

Quote from: RealBitcoin on August 22, 2015, 03:17:18 PM

Quote from: neochiny on August 22, 2015, 02:55:25 PM

hmm.. btc is continuesly going down.. i think what i have said before is showing off near... goodluck to us guys.

I`m looking at Kraken and Bitstamp and there is big support at 190 € ~ 225$ so dont panic yet, but it seems to me that this bickering between devs just wont turn out good.

I just hope they will start raising the block size and then leave this topic alone, bitcoin has suffered enough already.

Yes, too much uncertainty, people don't know what to do! All they can see are endless threads of going back and forth between the core and the XT people. Bitcoin is pretty weak right now, I have to admit.

I also think that this is a real test that will show us is Bitcoin up to be a next big thing. Any exchange problem in the last 2 years for example wasn't as big as this XT thing, for a simple reason, this is about Bitcoin fundamentals. That's what worries people.

The problem is that this uncertainty is getting viral, i could say that i`m a bit worried, then whoever reads my post starts to get worried too, then he will post and who reads his posts will be worried too.

This is how panic spreads, but I think the panic is a big ovverrated, I mean the devs are smart, they are egomaniacs and bickering, but they are smart, so they wont let the network be destroyed, simply because they have bitcoins too.

Probably the most wise solution now is to buy some altcoins like NXT, BANXSHARES or BITSHARES, until the issue gets resolved, because if BTC dies (small chance) then they will take it's place.

Bitcoin holders wont just give up and do whatever they did before, they will be in crypto, but something will de-facto replace bitcoin, or its valued spread across other altcoins.

Perhaps Litecoin is a good investment idea? I dont know.

Blockhunter

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Founder of Incakoin

Quote from: hangar18 on August 22, 2015, 05:50:32 PM

If the price is dropping just buy

seems a safe bet when you think about the work put in to get to here.
This was expected of if you ask me. Every currency brings about, war.
A government protects there money with insurance.. The insurance they use is the military.
Plain and simple, these chips are in essence the bullets needed for war. The ones who invest most gave most to loose.
This is very simple. Bitcoin is here to stay. Right now is a time of battle. Profits and losses will be commonplace in the coming times.

hangar18

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If the price is dropping just buy

Mickeyb

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Move On !!!!!!

Quote from: RealBitcoin on August 22, 2015, 03:17:18 PM

Quote from: neochiny on August 22, 2015, 02:55:25 PM

hmm.. btc is continuesly going down.. i think what i have said before is showing off near... goodluck to us guys.

I`m looking at Kraken and Bitstamp and there is big support at 190 € ~ 225$ so dont panic yet, but it seems to me that this bickering between devs just wont turn out good.

I just hope they will start raising the block size and then leave this topic alone, bitcoin has suffered enough already.

Yes, too much uncertainty, people don't know what to do! All they can see are endless threads of going back and forth between the core and the XT people. Bitcoin is pretty weak right now, I have to admit.

I also think that this is a real test that will show us is Bitcoin up to be a next big thing. Any exchange problem in the last 2 years for example wasn't as big as this XT thing, for a simple reason, this is about Bitcoin fundamentals. That's what worries people.

onewiseguy

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Bitcoin will go up why so many threads of bitcoin crashing, if you buy bitcoin high price and than it crashes just hold dont sell it will bounce back like it has in the last 6 years. no need to worry.

RealBitcoin

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Quote from: neochiny on August 22, 2015, 02:55:25 PM

hmm.. btc is continuesly going down.. i think what i have said before is showing off near... goodluck to us guys.

I`m looking at Kraken and Bitstamp and there is big support at 190 € ~ 225$ so dont panic yet, but it seems to me that this bickering between devs just wont turn out good.

I just hope they will start raising the block size and then leave this topic alone, bitcoin has suffered enough already.

neochiny

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Crypto.games

hmm.. btc is continuesly going down.. i think what i have said before is showing off near... goodluck to us guys.

MinerHQ

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Quote from: vendetahome on August 21, 2015, 08:29:15 AM

i think bitcoin will go up again in a few weeks, at least i hope so, also there will be halving after some time so it might grow after that too

Yes now just only left hope, no one knows what is exactly happening in bitcoin price. Only inside traders knows how to take the advantage of these volatile prices.

RealBitcoin

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Damnit another scaremongering panic thread. Guys just grow some balls, if you are so scared and panicked about bitcoin price going down, hit yourself with a bucket of cold water, then wipe it with a towel.

Then go into your garden and start meditating for 1 hour, then come back, and it will be alright.

In any case dont hit that red sell button, because then you are just part of the problem, and big whales will buy up all scaremonger coward's sell orders, and enter into bitcoin in a cheaper spot.

It's obvious that it's a market manipulation.

vendetahome

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i think bitcoin will go up again in a few weeks, at least i hope so, also there will be halving after some time so it might grow after that too

lexuz

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Me, myself and I

Yeah bitcoin crashing only in a minute and after rebounce price look stable and didnt want to move up or down. But i feel bitcoin will up

michinzx

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Quote from: HeroCat on August 20, 2015, 09:18:36 AM

In market economy, you can expect in BTC market things like that Wink

Price go up and down all the time Grin

that's the bitcoin volatility thats also keeping a lot of merchants from adopting bitcoin though, which would lead to bitcoin becoming mainstream. coming to expect sudden price drops in price is rather bad i think.

worldinacoin

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Bitcoin has rebounced nicely at about US$233

MinerHQ

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Quote from: roadbits on August 20, 2015, 05:16:49 PM

The fork issue has put some pressure on the market and orders got out in a rally. I'm in it for the long run so will buy a bit on the dips and see where this goes.

Its good strategy but need to prepare for worst case down side also. May take long to recover as well.

btccashacc

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Quote from: Snorek on August 20, 2015, 09:38:02 PM

I hope that bitcoin developers won't go full retard mode. And price will go back on a good track again.
I am sad because I did not sell some more btc just before that crash because I am short on FIAT now.
And I refuse to sell anything under $300. It is not worth it. I would rather hold forever to the grave.

we will see hard pump after hard dump
hold your bitcoin at low price and sell in hard pump

Snorek

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I hope that bitcoin developers won't go full retard mode. And price will go back on a good track again.
I am sad because I did not sell some more btc just before that crash because I am short on FIAT now.
And I refuse to sell anything under $300. It is not worth it. I would rather hold forever to the grave.

roadbits

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The fork issue has put some pressure on the market and orders got out in a rally. I'm in it for the long run so will buy a bit on the dips and see where this goes.

TPTB_need_war

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The retards who are buying now and not selling are going to lose and end up selling below $100.

Quote from: TPTB_need_war on August 19, 2015, 02:43:23 AM

Quote from: NorrisK on August 19, 2015, 12:39:58 AM

But past happenings do not guarantee future happenings... You may have been right once, twice or even more times, but this does not mean you will be right this time.. Wink

I've always been correct on BTC price in terms of the major moves. I was even correct in early 2013 when at $10 I gave my thumbs up to going all in.

Quote from: TPTB_need_war on August 18, 2015, 11:14:17 PM

Well in May I wrote in several Economics -> Speculation threads that BTC would rise from the low $200s to $315, then it would crash back down to eventually below $150 (and probably to double-digits) no later than sometime after October.

I reiterated these points over the past weeks in the Economics -> Speculation -> PnF and Economics -> Speculation -> Free Money threads. Even a few hours before the crash I reiterated these points again that everyone should have been short since $315.

The bottom in the BTC price will come in Spring 2016, and it will be back below $100, perhaps even below $50.

After that, we will start a new bull market that will make investors rich.

If you weren't dumb, you'd learn to stop ignoring me. You'd be clicking my Profile and reading all my archive of posts.

But you are dumb and lazy, so you won't do that. And so you will remain ignorant. And I sort of like that, don't you?

Quote from: TPTB_need_war on August 19, 2015, 06:13:46 AM

And last but certainly not least, sue your mother and fuck her too, because she brought your dumb ass into this world. Tongue

(that is if you think you should abrogate your responsibility and sue anyone for the market price movements of BTC)

Quote from: TPTB_need_war on August 18, 2015, 12:42:48 PM

Everyone should have been short since $315 which is what I said first. And I should have stuck to that. Predicting the short-term moves is going to get you stopped out and you'll miss the entire decline. Everyone who did not short at $315 has already lost the decline to $254.

Quote from: TPTB_need_war on August 19, 2015, 12:42:18 AM

Quote from: macsga on August 19, 2015, 12:36:01 AM

PS: I've decided to risk a portion of my BTCs following the advice you gave on Klee's thread. As stated there, I don't feel comfortable about it, but more and more I am convinced that your approach of BTC's is essentially a "gold-like" commodity and should be treated like one, is true. Undecided

As more people capitulate to the reality that it is better to be short than long that is what drives the extreme low.

This bounce back up is one more gift to go short before it is too late. Again the "Only the Date is Unknown". I don't know how far up the price will reach before crashing again or the timing. Volatility will increase.

The "End of Government" can mean many things. It can mean we still have governments exerting totalitarianism with the chaos of loss of rule of law (i.e. rampant corruption in government). Again study my upthread review of the decades long chaotic collapse of the Western Roman empire.

The government won't entirely disappear any time soon. You'll wish they would. In Rome it got so bad that the people just abandoned their land because the government was so oppressive. Later there was no government in Rome and only cows grazing in the city. But first the totalitarianism.

Quote from: TPTB_need_war on August 20, 2015, 04:49:14 PM

Nearly everyone who has argued with me has ended up eating their words later.

You confuse ego with leadership. I am very cordial with people, but leaders don't lead into mud just so they can placate the stragglers and losers.

I give you the readers a "heads up" that your bullishness is the sign that the bottom has not been reached yet. The bottom comes when you the bullish fools finally in desperation go short. Then the smart money covers their short position, you fools are bankrupted, and the next bull market starts.

You are the one who is throwing your ignorance around and hurting readers.

BTCevo

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Quote from: Amph on August 19, 2015, 02:06:50 AM

Quote from: waterpile on August 18, 2015, 07:47:15 PM

Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Not surprising at all, especially since the news about the possible fork and XT..

if for every bad news bitcoin crash like that, this thing will never skyrocket, imagines if when bitcoin is almost fully adopted, a bad news about another fork like this will be announced

it would be a serious disaster for everyone, this market is too fragile

So what are you going to suggest for this market? I guess there is no way that people will believing in bitcoin since there are no one that can control the fluctuation except some whale although with this volatile price some people can get profit but it is really bad if there is no something or someone strong enough to control the market price

Quote from: zero01 on August 20, 2015, 09:27:09 AM

Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

I guess it was just temporary, we do not know when bitcoin will rise again

How can you so sure it is temporary? Only whale is the one knowing how are the price going whether it will rise or not. Others are just speculate that the price will going higher without doing anything. They just hope for it not make it

techgeek

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Quote from: oblivi on August 20, 2015, 11:04:36 AM

Bitcoin is back up 32 dollars since that low. Im guessing someone with a lot of leverage panick sold a lto of coins, and the blocksize fight is having a toll on the exchanges as well. Simply hold and relax, the storm will be over by next year. Time to pick up cheap coins.

Give it another couple days or an entire week, there will be some sort of another $30 recovery.

Usually people just panic over the small amounts, but eventually people buy again.

oblivi

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Bitcoin is back up 32 dollars since that low. Im guessing someone with a lot of leverage panick sold a lto of coins, and the blocksize fight is having a toll on the exchanges as well. Simply hold and relax, the storm will be over by next year. Time to pick up cheap coins.

zero01

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Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

I guess it was just temporary, we do not know when bitcoin will rise again

HeroCat

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In market economy, you can expect in BTC market things like that Wink

Price go up and down all the time Grin

MinerHQ

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Quote from: Gyfts on August 19, 2015, 10:42:22 PM

I noticed quite a big drop. It's honestly quite disappointing as we're back to where we were from the small rise we saw about a month ago.

I think it may slowly go back to around 200 range now before any up move. Very volatile now and difficult to predict exactly.

Gyfts

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I noticed quite a big drop. It's honestly quite disappointing as we're back to where we were from the small rise we saw about a month ago.

Clint

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Whoa didn't know that, don't even check on btc news anymore. Thanks man, but it's really now a surprise though.

neochiny

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Crypto.games

Quote from: waterpile on August 18, 2015, 07:47:15 PM

Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Not surprising at all, especially since the news about the possible fork and XT..

IS this fork and xt thing true? because if it is true i think it was scary now to buy some bitcoin.

TPTB_need_war

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Quote from: NorrisK on August 19, 2015, 12:39:58 AM

But past happenings do not guarantee future happenings... You may have been right once, twice or even more times, but this does not mean you will be right this time.. Wink

I've always been correct on BTC price in terms of the major moves. I was even correct in early 2013 when at $10 I gave my thumbs up to going all in.

CoinBateman

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We had an all time high of USD Swaps meaning lots of people were long on margin.

Crossed the line in the sand at that point and this was in the making for quite a while.

Was prepared and with fiat waiting.

fluturash

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It was not long ago that the btc was steady at 230+ then went up to 300+ and then fast went bellow 290 , then 250+ .
now I come here to hear btc crashed then went up to 230+ ?
hope that it will stabileze a little

Amph

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Quote from: waterpile on August 18, 2015, 07:47:15 PM

Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Not surprising at all, especially since the news about the possible fork and XT..

if for every bad news bitcoin crash like that, this thing will never skyrocket, imagines if when bitcoin is almost fully adopted, a bad news about another fork like this will be announced

it would be a serious disaster for everyone, this market is too fragile

HarHarHar9965

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Quote from: MinerHQ on August 19, 2015, 01:42:54 AM

Quote from: markj113 on August 19, 2015, 01:28:22 AM

Quote from: HarHarHar9965 on August 19, 2015, 01:13:34 AM

The price crash has happened because there have been several rumors about bitcoin about to be banned in New york exchange, etc. Also there have been dumpings by whales, transactions worth 25 million or maybe more. The bitcoin market has accustomed such crashes and its no big deal now, Its an awesome time to invest and I am in talks with an influential individual to purchase coins with me Wink

Strange how we keep hearing that as the price of bitcoin continues to go lower and lower.

Goes well with "this the bottom, buy now its the end of cheap coins"

I think we'll <$100 sooner or later.

Yes it may go to double digits soon because bitcoin prices are controlled by any government or big institution. So insiders can do all these manipulations

such
nah. study the markets, there are a lot of btc trades going on constantly, they might be able to manipulate markets but once btc goes anywhere below 150$, people will leave and that isn't good for such insiders. The whales won't manipulate the market in such a way. Also, the price fall has happened due to bitcoin Xt. Google about it, I think the project needs to be killed asap or the btc will be divided into 2 parts Sad

MinerHQ

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Quote from: markj113 on August 19, 2015, 01:28:22 AM

Quote from: HarHarHar9965 on August 19, 2015, 01:13:34 AM

The price crash has happened because there have been several rumors about bitcoin about to be banned in New york exchange, etc. Also there have been dumpings by whales, transactions worth 25 million or maybe more. The bitcoin market has accustomed such crashes and its no big deal now, Its an awesome time to invest and I am in talks with an influential individual to purchase coins with me Wink

Strange how we keep hearing that as the price of bitcoin continues to go lower and lower.

Goes well with "this the bottom, buy now its the end of cheap coins"

I think we'll <$100 sooner or later.

Yes it may go to double digits soon because bitcoin prices are controlled by any government or big institution. So insiders can do all these manipulations

markj113

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Quote from: HarHarHar9965 on August 19, 2015, 01:13:34 AM

The price crash has happened because there have been several rumors about bitcoin about to be banned in New york exchange, etc. Also there have been dumpings by whales, transactions worth 25 million or maybe more. The bitcoin market has accustomed such crashes and its no big deal now, Its an awesome time to invest and I am in talks with an influential individual to purchase coins with me Wink

Strange how we keep hearing that as the price of bitcoin continues to go lower and lower.

Goes well with "this the bottom, buy now its the end of cheap coins"

I think we'll <$100 sooner or later.

HarHarHar9965

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The price crash has happened because there have been several rumors about bitcoin about to be banned in New york exchange, etc. Also there have been dumpings by whales, transactions worth 25 million or maybe more. The bitcoin market has accustomed such crashes and its no big deal now, Its an awesome time to invest and I am in talks with an influential individual to purchase coins with me Wink

NorrisK

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Quote from: TPTB_need_war on August 18, 2015, 11:14:17 PM

Well in May I wrote in several Economics -> Speculation threads that BTC would rise from the low $200s to $315, then it would crash back down to eventually below $150 (and probably to double-digits) no later than sometime after October.

I reiterated these points over the past weeks in the Economics -> Speculation -> PnF and Economics -> Speculation -> Free Money threads. Even a few hours before the crash I reiterated these points again that everyone should have been short since $315.

The bottom in the BTC price will come in Spring 2016, and it will be back below $100, perhaps even below $50.

After that, we will start a new bull market that will make investors rich.

If you weren't dumb, you'd learn to stop ignoring me. You'd be clicking my Profile and reading all my archive of posts.

But you are dumb and lazy, so you won't do that. And so you will remain ignorant. And I sort of like that, don't you?

But past happenings do not guarantee future happenings... You may have been right once, twice or even more times, but this does not mean you will be right this time.. Wink

TPTB_need_war

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Well in May I wrote in several Economics -> Speculation threads that BTC would rise from the low $200s to $315, then it would crash back down to eventually below $150 (and probably to double-digits) no later than sometime after October.

I reiterated these points over the past weeks in the Economics -> Speculation -> PnF and Economics -> Speculation -> Free Money threads. Even a few hours before the crash I reiterated these points again that everyone should have been short since $315.

The bottom in the BTC price will come in Spring 2016, and it will be back below $100, perhaps even below $50.

After that, we will start a new bull market that will make investors rich.

If you weren't dumb, you'd learn to stop ignoring me. You'd be clicking my Profile and reading all my archive of posts.

But you are dumb and lazy, so you won't do that. And so you will remain ignorant. And I sort of like that, don't you?

mookid

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I managed to make a small profit, but this kind of volatility is bad PR...

btccashacc

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Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

i late to sell my bitcoin Cry

i have only 0.3btc if i sell it at price 350 i will buy back at 160 and i can get double >_<

Coins168

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to late for me, i bought at 270 now its down.
ill just wait for it to recover and maybe sell

BeastBTC

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I'm A Beast!

Looking at the blockchain, when it happened, about 20-60 minutes prior 3 whales sold nearly 107,000 BTC. That is $25,266,980.00 USD

worldinacoin

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You should know that given Bitcoin volatility, this is nothing to scream about

luciann

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It crashed for like a 1min look at the charts again...

youll see that bitnex recovered within a split sec again too.. so it was caused by a insider source or some serious manipulation.

willope

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It's Bitfinex margin calling. Look at it on wisdom.
I am so so so so aaah.

Bought in at 280+ Grin

I dont even understand this fork thing...

lottery248

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beware of your keys.

omg, it is horrible!
luckily i did not buy any bitcoin(s) at the moment.
if i did, i would be screwd.

lissandra

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Quote from: waterpile on August 18, 2015, 07:47:15 PM

Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Not surprising at all, especially since the news about the possible fork and XT..

yeah but the change hasnt happened yet though... has it?

I mean they were just discussing about the options I thought.. or am I wrong.. so what happens to the regular users who dont want XT?

rocoloko

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Quote from: waterpile on August 18, 2015, 07:47:15 PM

Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Not surprising at all, especially since the news about the possible fork and XT..

Already 11.6% of all nodes are XT fork.
http://xtnodes.com/

waterpile

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Quote from: BeastBTC on August 18, 2015, 07:11:01 PM

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Not surprising at all, especially since the news about the possible fork and XT..

goxed

legendary

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Bitcoin / Crypto mining Hardware.

https://www.reddit.com/r/Bitcoin/comments/3hi1gs/emotions_and_uncertainty_are_at_a_high_right_now/

Jorge320

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Reading $225... Anybody got anything on whats happening?

BeastBTC

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I'm A Beast!

Wow.... bitcoin just crashed down to $200 just like that:

http://thebtcpool.com/bitcoin-fell-major-today/

Topic: Bitcoin Just Crashed (Read 3048 times)