Topic: BTC are getting dumped, is this repeat of 2013 pump and dump? - page 2. (Read 268 times)

if this is your only reason then i have to tell you to go back and look at the charts and check the same topics like yours and very similar comments that you see today in all the following dates:

2017-11-5 till 2017-11-15
2017-08-31 till 2017-10-8
2017-06-11 till 2017-07-17
2017-01-04 till 2017-02-20

each time someone like you comes here and says it is very similar to 2013 and asks us to believe him and they disappear by the end of each date on top. i can show you at least 30 topics in each of the above dates that are saying the same exact thing as you here without any bases.

2013 is much different in my opinion. There are only few investors as compare to today which you say has so many new comers although they are usually the victims of this dump if the "manipulators" decided to do so.

But I just checked the price and it looks like is it still above $15K, much to my surprise. I guess the bulls and the bears keep fighting it up. We are still not yet seeing a dump as you have speculated, but pumps and dumps are just normal part of the ecosystem. Its how you handle and face them.

Some newbies think bitcoin is still acting like it's in the old days. The market totally changed. We're not in the old patterns, the pattern is more serious with tons of market investors and high volume exchanges.

Shivasenap, vintage suits me well  however what you said about blocks chains and exchanges has nothing to do with prices of Bitcoin.

Optimism was very high back in Vintage days as well, however it hasn't helped to bring the Bitcoin all the way down, even back then it was all over the news in Russia, China, Australia and many other countries then it went quite as the prices went down.

Zoom the graph in 2013 and zoom it now, its going down in the same path.

Lets hope i was wrong.

Well i believe that pump and dump is almost happening every now and then that was really normal feom the start bitcoin really has a unstable price and we can really see it if we really get an update of its price everyday price of bitcoin is really amazing we can really gain on it buy holding it in a long term we dont have to get panic about its price because that was really normal.

Vintage guy with vintage thoughts. Much have changed since 2013. Number of projects on blockchain has increased and the number of exchanges have increased.

I dont think you can compare bitcoin right now with bitcoin in 2013, everything is a lot different now a lot of countries are supporting bitcoin for exemple Japan, and there are a lot more people in Bitcoin than before. Price is not going to go down very much

If I do not think it will be if bitcoin returns to a position like in 2013, as we see today, price movements are rampant (increasing)
If viewed annually, the value of a piece of Bitcoin in 2013 is only US $ 92, then entering 2014 the value of crypto curency is up 819% to US $ 846 per chip. Then in 2015 declined 68.8% to the position of US $ 265 per chip and began to climb back to the position of US $ 437.9 per one chip.

But this year, bitcoin values ​​soared and kept a record. The beginning of 2017 bitcoin was recorded only in the range of US $ 977 per chip. Later today (13/12) quoted bitcoin.com the value of one chip recorded US $ 16,747 per chip when, last week bitcoin had penetrated US $ 18,000 per chip.

Then why bitcoin can be worth?

Bitcoin Indonesia CEO Oscar Darmawan explained that although the concept of virtual or digital bitcoin value can be obtained from the many efforts made to create this virtual money. Then, any system that is in bitcoin can not be copied by anyone.

"So the system can not be copied or copied, and created in a limited," said Oscar in a discussion at the Hotel Ibis, Jakarta, Wednesday (13/12/2017).

He explains, the boom raising the value of bitcoin can not be equated with bacon stone boom. This is because the two products are of a different kind

"It's different in value, but if speculators of bitcoin with bacan are the same, but to make fake bacon easier, well, if making fake bitcoin is not possible, besides safe and strong bitcoin is also supplied in a limited way"

Not true, back then there were 4 huge exchange websites, and they are all gone now and people lost their coins, same will happen with all the other current sites eventually.

Guys from wall street is the ones doing the pump now, they have much bigger brains and pockets then most other traders.
Pump and dumps will always be there with all the coins, if you think that any coin will just keep on rising without huge dumps you are a full.

I don't think you're right. I believe that things are a big shaky due to wall street coming in and all the speculation that it involved aka FUD of shorting. Imo we just need to have patience in the long run bitcoin should rise again, the current price is not high at all so... Its proven by its graphs that apart from all the rises bitcoin fell too some times, and all it took was some time to be able to climb back up, especially now that is looked as a good thing for so many more people around the world and not just a few.

No, much have changed since 2013.

Back then there was one exchange that had most of the volume. These days its different.

Especially with wall street getting involved and all those ETFs that are trying to get approved and listed on the stock markets.

Looking at the volume and what just happened to Bitcoin in last month, its obvious that this is the biggest Pump and Dump since 2013, dumping is happening now but they try to control it until they dump their huge bags.
Little guys and new comers with up to 5 coins is the ones that will loose and pay the price.

I've been in the game 5 years now and i can smell it, i'm not saying sell your coins, all i say is don't buy as we are experiencing mother of all dumps since the introduction of Bitcoin.
If you don't believe me just look at the graphs and read the posts from 2013, these posts are repeating now with the guys saying it will sky rocket and deep inside they know that its wishful thinking.