China is dumping, prepare for crash. - page 3.

Dux2K

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Quote from: Haruderty on May 28, 2017, 01:58:55 AM

Quote from: erikalui on May 27, 2017, 02:31:49 PM

Crash by $700 in one day is a huge crash for bitcoiners and the bitcoin market. Altcoins like ETH and Dash haven't suffered a lot unlike btc that lost 27-28% in 1 day due to the huge dump. All wanted to sell at a price of $2700-$2900 that brought down the price and it was about $1900-$1950 in the morning. Now it will settle back to $1500 in the coming days which makes it so unreliable due to huge pumps and dumps.

I do not think so. The price has already recovered to $2200. I think it is possible $2600 early next month.

It was inevitable for price to crash. After correction it will go up in 2300-2500 range. Think that we will wait little until it go up again.

kayeme

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China doesn't control or lead bitcoin like it used to, in fact I think they are pretty much irrelevant now.

Haruderty

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Quote from: erikalui on May 27, 2017, 02:31:49 PM

Crash by $700 in one day is a huge crash for bitcoiners and the bitcoin market. Altcoins like ETH and Dash haven't suffered a lot unlike btc that lost 27-28% in 1 day due to the huge dump. All wanted to sell at a price of $2700-$2900 that brought down the price and it was about $1900-$1950 in the morning. Now it will settle back to $1500 in the coming days which makes it so unreliable due to huge pumps and dumps.

I do not think so. The price has already recovered to $2200. I think it is possible $2600 early next month.

Holliday

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Quote from: kwukduck on May 28, 2017, 12:37:21 AM

Unfortunately you seem to completely miss the point i'm trying to get across.
The price isn't that important.
The greed for fiat is corrupting this economy and causing these wild speculative hypes and dumps.

Anyway my point is that Bitcoin doesn't scale nor offer privacy features, both are key in the vision of our global decentralized free digital currency we all had back when Bitcoin was still young.
These core problems still have not been fixed but instead are being ignored and actions and concerns about them replacred my fiat-greed and other nonsense.

If you are trying to make a point that has nothing to do with the exchange rate, why do you always mention the exchange rate? Perhaps I'm not missing your point, but you are simply failing to convey it properly?

[sarcasm]We must ban the speculators from Bitcoin! Those dirty fiat lovers shouldn't be allowed to use our cryptocurrency to play their naughty games![/sarcasm]

kwukduck

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Quote from: Holliday on May 27, 2017, 09:51:16 AM

Quote from: kwukduck on May 27, 2017, 04:51:17 AM

Oh look at that -25% and the day isn't even over yet. Oh all the i-told-you-so's....

Kwuk, you called for a crash at $900 (and that's just recent memory). You do realize we are still double that, correct?

You got this one right (2700 -> 1850), but when you keep trying to hit the nail for two years, eventually you are going to knock that baby in, no matter how shitty your hammer is. Also, a blind child could have called this one. I'm a fucking Bitcoin perma-bull and I called this one. https://bitcointalksearch.org/topic/m.19186591

I, as an official representative of Bitcoin Corp, allow you to brag only after we hit <$400.

Unfortunately you seem to completely miss the point i'm trying to get across.
The price isn't that important.
The greed for fiat is corrupting this economy and causing these wild speculative hypes and dumps.

Anyway my point is that Bitcoin doesn't scale nor offer privacy features, both are key in the vision of our global decentralized free digital currency we all had back when Bitcoin was still young.
These core problems still have not been fixed but instead are being ignored and actions and concerns about them replacred my fiat-greed and other nonsense.

pooya87

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4 pages of feeding the bitcointalk speculation troll!
and on what subject the dumb subject of China dumping, dumping where exactly? the top three giant Chinese exchanges are not open yet. nobody could make any deposits for the past few months, if anybody wanted to dump they have already done it during the $1250 rise before the drop to $900 range.

selline

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Quote from: CyberKuro on May 26, 2017, 09:26:41 PM

Quote from: shillfudder on May 26, 2017, 03:44:34 PM

China is irrelevant. Bitfinex is the current leader.

Bitfinex? last time I see it at $ 2132 but there are plenty of exchanges one step ahead such as $2282 on bitstamp, $2306 on coinbase, bitFlyer (Japan) at $2335 and bitcoin Indonesia at $2723. Check it https://coinmarketcap.com/exchanges/volume/24-hour/
If China is dumping, then their price will below other exchanges even still affected global price but trading volume on an exchange will set different price obviously. I'm not sure what he mean with crash statement, how much it will decline? but no need to worry as bitcoin price will rise again, get back to $3000.

If China's dumping, then it will be priced below the price of global exchanges even still other affected but the volume on the exchanges will set different prices is clear. I'm not sure, how much it will decrease? but not to worry because the price of bitcoin will bounce back, returning to the $3000 .. I this surely happened bitcoin will return with a high and stable prices at a number of exceptional

HatakeKakashi

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Quote from: zahra4577 on May 27, 2017, 04:27:12 PM

I am telling you guys next month btc will be back to rise and this time it will hit $4k.Actually people are still skeptical about bitcoin and they start selling in panice.We need to change this mindset.Btc shoul be less volatile

I hope it will happen next month that bitcoin price will reach $4000. I think it is possible to happen but I think few months after before they reach $4000 . If you see the orice today its already $2200 compared to price last few days ago is $3000. I think if this happen again at $3000 they will pump slowly because many investor for sure they invest their bitcoin becayse they can make profit if they sell it. So 4000 dollars it will happen for sure but not next month I think.

IF CHINA TRIED TO DUMP BITCOIN. WE ARE HERE TO PUMP BITCOIN!

andyatcrux

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Quote from: erikalui on May 27, 2017, 02:31:49 PM

Crash by $700 in one day is a huge crash for bitcoiners and the bitcoin market. Altcoins like ETH and Dash haven't suffered a lot unlike btc that lost 27-28% in 1 day due to the huge dump. All wanted to sell at a price of $2700-$2900 that brought down the price and it was about $1900-$1950 in the morning. Now it will settle back to $1500 in the coming days which makes it so unreliable due to huge pumps and dumps.

You know historical charts are available, right? ETH and Dash absolutely did crash that much and more in terms of USD. ETH has currently recovered the most. Maybe you are talking about their percentage in BTC pairing, but obviously that wouldn't make sense when talking about Bitcoin's value relative to USD.

ngin-x

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Quote from: freebutcaged on May 27, 2017, 04:16:31 PM

Guess what you morons, the same people sold you Bitcoins from $2780 down to $2065 are the ones buying them back from you much cheaper.

Now run off to sell more so they can get fatter, no one can see how they are manipulating us? let them dump and hold instead when you buy.

Selling in panic of a crash is what they are practicing as their daily jobs, next pump will be huge comparing to this last one I can predict

A $6000 price increase in next 3 month that's why I'm holding to my few coins that I have.

In order for you to make money, some people must be left holding the bag. This is how the stock market and the world works. If nobody sells, where will you buy your coins from? We are all playing a game of probability. Some gets it right and some gets it wrong. Everyone cannot become rich.

Croneon

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BTC went up 2x in the past two weeks, did you not expect a correction of any sort?

tabas

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Quote from: freebutcaged on May 27, 2017, 04:16:31 PM

Guess what you morons, the same people sold you Bitcoins from $2780 down to $2065 are the ones buying them back from you much cheaper.

Now run off to sell more so they can get fatter, no one can see how they are manipulating us? let them dump and hold instead when you buy.

Selling in panic of a crash is what they are practicing as their daily jobs, next pump will be huge comparing to this last one I can predict

A $6000 price increase in next 3 month that's why I'm holding to my few coins that I have.

I'm having some goosebumps with the articles and news that I'm reading and now another member here told that the price can go up to $6,000. There's nothing to do for now, just have a cup of cold juice and I will take a break for now and will ride my bike along the way. It's better to prepare for another hype and pump. Cool

zahra4577

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I am telling you guys next month btc will be back to rise and this time it will hit $4k.Actually people are still skeptical about bitcoin and they start selling in panice.We need to change this mindset.Btc shoul be less volatile

freebutcaged

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Guess what you morons, the same people sold you Bitcoins from $2780 down to $2065 are the ones buying them back from you much cheaper.

Now run off to sell more so they can get fatter, no one can see how they are manipulating us? let them dump and hold instead when you buy.

Selling in panic of a crash is what they are practicing as their daily jobs, next pump will be huge comparing to this last one I can predict

A $6000 price increase in next 3 month that's why I'm holding to my few coins that I have.

erikalui

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Crash by $700 in one day is a huge crash for bitcoiners and the bitcoin market. Altcoins like ETH and Dash haven't suffered a lot unlike btc that lost 27-28% in 1 day due to the huge dump. All wanted to sell at a price of $2700-$2900 that brought down the price and it was about $1900-$1950 in the morning. Now it will settle back to $1500 in the coming days which makes it so unreliable due to huge pumps and dumps.

HTracer

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It takes little more time to say that the correction is over. We might see a lower high then a lower low next week.

BitcoinPanther

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Quote from: azguard on May 27, 2017, 02:28:00 AM

Quote from: rajasumi3 on May 26, 2017, 09:35:44 PM

Crash is inevitable and we are prepared for it.The crash would be temporary and the price of bitcoins would rocket upto 3000$.

Quite optimistic you are but that is good. Will we cross 3000 sure we would we almost did just one step and then we were over. Think that after this correction we will come to that price.
Dont see any obstacle except that for now price need to correct and then we start again.

I agree, all incoming events are good for bitcoin. There is and update in development, some light on scaling issue, another country to accept bitcoin as a currency, I guess the current dump is all manipulation then comes correction. This is just accumulation time for whales to push bitcoin price again and exceeds $3000.

South Park

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Quote from: cpfreeplz on May 26, 2017, 10:21:23 AM

Quote from: Holliday on May 26, 2017, 09:20:32 AM

That's the spirit Kwuk! Keep calling for a crash and, damn it, one day you'll get it right!

100% gain and a 5% correction = DOOOOOOM!! My God he's got a gift folks. He got this one so right I can't even believe it. If only I always listened to kwukduck I would have maybe $50 in fiat instead of $500 in bitcoins. Then I'd never be worried about a crash. Roll Eyes

Lol, but even if you kept that fiat you will not avoid having to worry about a crash the day of judgment for fiat is going to come too, we don’t know when but a black swan event similar to what happen with the collapse of Lehman Brothers, and now with the countries indebted like there is no tomorrow then the chances of absorbing the private losses of the banks is out of the question.

skorupi17

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Quote from: kwukduck on May 26, 2017, 09:07:13 AM

With China pushing this entire rally leading the price with +10-15% we can be sure to see big dumps now that the Chinese prices are UNDER the US/EU prices and falling further.

A link or anything would be nice in order for us to justify your claims, otherwise we will consider this as nonsense.

I cannot point out the reason why would China trigger a dump on the bitcoin's price. For fun maybe? Or are you just saying about big dumps because you are seeing some drop on bitcoin's price and then linking it to China, Et viola!, new story.

richardsNY

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Quote from: coolsai on May 27, 2017, 08:56:25 AM

I don't think China is relevant anymore apart from the mining side of things. When it comes to prices and pouring money in all I hear about now is Korea and Japan.

China is indeed not relevant anymore, but kwukduck is just trying to scare people off -- ignore that wacko. Japan has been going crazy when it comes to Bitcoin. It's insane how far ahead they are with their volumes, but I am not exactly sure how much of this volume is legit. We all know how well Chinese exchanges managed to fake their volumes on a massive scale. South Korea on the other hand is another upcoming market. Expect them to push the demand for coins even further than ever before.

Topic: China is dumping, prepare for crash. - page 3. (Read 5835 times)