Crash is inevitable and we are prepared for it.The crash would be temporary and the price of bitcoins would rocket upto 3000$.
I think so. I have started buying small amount now. When the trend is reestablished, I will buy more.
Topic: China is dumping, prepare for crash. - page 4. (Read 5835 times)
I think so. I have started buying small amount now. When the trend is reestablished, I will buy more.
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.
This crash is nothing but just a correction, this time price spiked too high too fast. At highest peek we had many weak hands, they decided it is a good time to liquidate their short position.
Now we will see 'rebuy' period where everyone who sold coins will use the money to buy even more BTC.
This is a classic example of Fibonacci Retracements in action. We can be sure that next pump will take us higher than $3000
I agree with you . Because bitcoin too increases very quickly. But when the bitcoin increase is stable it will be difficult also decreased. This is an example of an unstable digital currency, there are still many parties who have interests so that this can happen. China may be one of the reasons, but we can not blame it until there is strong evidence. All still fairly predictive and assumptions. Now we will see 'rebuy' period where everyone who sold coins will use the money to buy even more BTC.
This is a classic example of Fibonacci Retracements in action. We can be sure that next pump will take us higher than $3000
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.
Oh look at that -25% and the day isn't even over yet. Oh all the i-told-you-so's....
A broken clock is right twice a day. If you expect a crash every day and once a year there is a drop of course you'll be right. Let's see if we're in a bear market or if this is not a trend but just a correction.
actually he is not really right, it is a tricky word to use this "crash" thing. you can't really call the rise from $1000 beginning of this year in 5 months go to $1900ish current price a "crash" it is a big rise which nearly doubled the bitcoin price.
what kwuk does is more of bullshitting in this board rather than being a broken clock.
This crash is nothing but just a correction, this time price spiked too high too fast. At highest peek we had many weak hands, they decided it is a good time to liquidate their short position.
Now we will see 'rebuy' period where everyone who sold coins will use the money to buy even more BTC.
This is a classic example of Fibonacci Retracements in action. We can be sure that next pump will take us higher than $3000
Now we will see 'rebuy' period where everyone who sold coins will use the money to buy even more BTC.
This is a classic example of Fibonacci Retracements in action. We can be sure that next pump will take us higher than $3000
Oh look at that -25% and the day isn't even over yet. Oh all the i-told-you-so's....
A broken clock is right twice a day. If you expect a crash every day and once a year there is a drop of course you'll be right. Let's see if we're in a bear market or if this is not a trend but just a correction.
Crash is inevitable and we are prepared for it.
It's called an opposite pump!
It's funny how people are going full panic mode now the price is going down heavily. Is it really that hard to understand? Something that goes up HARD in a very short period of time, may as easily come down HARD, and that's exactly what is happening right now. Traders are celebrating, while the yolo gamblers a.k.a peak buyers are now suffering as they likely sold in panic. What a contrast...
Yeah this really sucks cuz I'm one of the peak buyers. Now I feel like banging my head against the wall. Price is already below $2000 and it's spiraling downward fast.
Looks like ETH bubble has popped too and I have already lost nearly half my stash there. Oh boy, this won't end well
Getting into alts is something you should be very careful with anyway, even more so than bitcoin generally.
But with fundamentals missing and a price rise of 10% per day you can expect that to pop ofcourse at some point.
Thats why its better to became more selective upon chosing on alts who where engaging with since their are some numerous of them sure will get a hardtime to retain back to its highest price but if you believe on top 50 in coinmarketcap well provably we can earn huge on them by the time the price of each alt listed will pump. Remember they wasn't on there if they don't have huge potential so better stake for the best.
Crash is inevitable and we are prepared for it.
It's called an opposite pump!
It's funny how people are going full panic mode now the price is going down heavily. Is it really that hard to understand? Something that goes up HARD in a very short period of time, may as easily come down HARD, and that's exactly what is happening right now. Traders are celebrating, while the yolo gamblers a.k.a peak buyers are now suffering as they likely sold in panic. What a contrast...
Yeah this really sucks cuz I'm one of the peak buyers. Now I feel like banging my head against the wall. Price is already below $2000 and it's spiraling downward fast.
Looks like ETH bubble has popped too and I have already lost nearly half my stash there. Oh boy, this won't end well
Getting into alts is something you should be very careful with anyway, even more so than bitcoin generally.
But with fundamentals missing and a price rise of 10% per day you can expect that to pop ofcourse at some point.
Crash is inevitable and we are prepared for it.
It's called an opposite pump!
It's funny how people are going full panic mode now the price is going down heavily. Is it really that hard to understand? Something that goes up HARD in a very short period of time, may as easily come down HARD, and that's exactly what is happening right now. Traders are celebrating, while the yolo gamblers a.k.a peak buyers are now suffering as they likely sold in panic. What a contrast...
Yeah this really sucks cuz I'm one of the peak buyers. Now I feel like banging my head against the wall. Price is already below $2000 and it's spiraling downward fast.
Looks like ETH bubble has popped too and I have already lost nearly half my stash there. Oh boy, this won't end well
I am aware about the crash but from my point of view I think the correction is price is healthy for the market. Its healthy for both the market and the investors because we are able to buy more of btc at a low price.
Ehm No. Pumps and dumps are not healthy in any economical model. Specially not when lacking fundamentals.
What is hralthy is fixing crucial issues as early as possible and get gradual acceptance and rise.
I am aware about the crash but from my point of view I think the correction is price is healthy for the market. Its healthy for both the market and the investors because we are able to buy more of btc at a low price.
Crash is inevitable and we are prepared for it.
It's called an opposite pump!
It's funny how people are going full panic mode now the price is going down heavily. Is it really that hard to understand? Something that goes up HARD in a very short period of time, may as easily come down HARD, and that's exactly what is happening right now. Traders are celebrating, while the yolo gamblers a.k.a peak buyers are now suffering as they likely sold in panic. What a contrast...
Oh look at that -25% and the day isn't even over yet. Oh all the i-told-you-so's....
Even a stopped clock tells the right time twice a day.
It is a blood bath though - but it was telegraphed - there is no excuse not have cashed out a significant amount above $2000.
Oh look at that -25% and the day isn't even over yet. Oh all the i-told-you-so's....
Now! you are quacking very happy because of the crash you have foretold, yeah I guess you are right and I got to admit I am a little sad because of the crash that occur because I did not convert my bitcoin in time, now that the bitcoin price is at $1978.77 dollar it seems it still dropping over time, but I am still positive with it and still would wait for bitcoin to rise again.
Oh look at that -25% and the day isn't even over yet. Oh all the i-told-you-so's....
Crash is inevitable and we are prepared for it.The crash would be temporary and the price of bitcoins would rocket upto 3000$.
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.
Crash is inevitable and we are prepared for it.The crash would be temporary and the price of bitcoins would rocket upto 3000$.
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.
China is responsible for everything, don't ya know.
In all seriousness (and I know kwuckduck is a permabull), was China responsible for this latest harpoon ride to $2800? Maybe, who knows. But I don't think they ought to get the blame for the correction, as it was bound to happen either way. You know when something rises 100% in a matter of months people are going to sell and turn their 'paper profits' into cold, hard cash. It's what happens every damn time.
Go China. Stay in the game, my slanty eyed brothers.
In all seriousness (and I know kwuckduck is a permabull), was China responsible for this latest harpoon ride to $2800? Maybe, who knows. But I don't think they ought to get the blame for the correction, as it was bound to happen either way. You know when something rises 100% in a matter of months people are going to sell and turn their 'paper profits' into cold, hard cash. It's what happens every damn time.
Go China. Stay in the game, my slanty eyed brothers.
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