Crypto Bloodbath - page 2. | Bitcointalksearch.org

Boat4Sale

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Quote from: European Central Bank on June 27, 2017, 05:06:48 PM

Quote from: leopard2 on June 27, 2017, 04:50:33 PM

If you follow Coindesk you know that ETH has seen alot of institutional investment - it is unlikely to go back to $10

institutional investment or interest?

i find it a little hard to believe that wall street professionals are on poloniex being trolled by the pumpers there while their secretary is noting down trollbox comments.

An exchange is not the only place to trade crypto. There are instruments on the stock market for trading..

European Central Bank

legendary

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Quote from: dquancey on June 27, 2017, 05:32:52 PM

Never had so many people IRL asking me about Ethereum. They are all big Facebook users and seen Ethereum, Lisk and Ripple on Facebook feeds. "Did you miss out on Bitcoin" sorta headlines. So many new people coming into crypto and blindly buying anything in the hope it will 10x their money overnight. I was the same when I first started out, only till I got rekt a few times did I realise.

The fact that so many people are asking about crypto, with no financial or IT background is great, but also worrying as a lot of people are going to be losing a LOT of money.

i don't have any sympathy for such people. if they can't educate themselves then they shouldn't be playing with fire. there's enough history out there for people to read.

dquancey

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Quote from: European Central Bank on June 27, 2017, 03:03:02 PM

Quote from: The One on June 27, 2017, 09:54:16 AM

ETH - Jan 1st 2017 $698,149,000. Peaked at June 14th $36,761,600,000. Basically a rise of $36,063,451,000 because of Huh

that is a genuinely insane figure when it's laid out like that.

all that money being thrown at something with that screwy a past just goes to show how nuts it all really is.

Never had so many people IRL asking me about Ethereum. They are all big Facebook users and seen Ethereum, Lisk and Ripple on Facebook feeds. "Did you miss out on Bitcoin" sorta headlines. So many new people coming into crypto and blindly buying anything in the hope it will 10x their money overnight. I was the same when I first started out, only till I got rekt a few times did I realise.

The fact that so many people are asking about crypto, with no financial or IT background is great, but also worrying as a lot of people are going to be losing a LOT of money.

cryp24x

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Quote from: European Central Bank on June 27, 2017, 03:07:41 PM

Quote from: Boat4Sale on June 27, 2017, 03:05:26 PM

That is crazy, but aren't banks using Ethereum now? that's probably where all the money is coming from!

no. that's one of the pervasive myths that people like to use to pump.

no bank is ever gonna use an alt that's exposed to an open market, same goes for xrp, especially markets as rigged as the crypto ones. what are they gonna do, get on poloniex and buy buy buy if they need to complete someone's bank transfer if they ran out of ethereum? that's ridiculous.

they'll use the code and adapt it for their own purposes but try telling that to the pump zombies.

I agree banks loves manipulation and centralization so they won't use a token that is trading in an open market and being governed by non-bank people. They may acquire the technology and modified it according to their likings and make it centralized. So I guess people should stop dreaming that these ETH and XRP will be used by bank directly.

Gambler_btc

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Quote from: European Central Bank on June 27, 2017, 03:03:02 PM

Quote from: The One on June 27, 2017, 09:54:16 AM

ETH - Jan 1st 2017 $698,149,000. Peaked at June 14th $36,761,600,000. Basically a rise of $36,063,451,000 because of Huh

that is a genuinely insane figure when it's laid out like that.

all that money being thrown at something with that screwy a past just goes to show how nuts it all really is.

This is really totally crazy! So much shill about eth...

European Central Bank

legendary

Activity: 1288

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Quote from: leopard2 on June 27, 2017, 04:50:33 PM

If you follow Coindesk you know that ETH has seen alot of institutional investment - it is unlikely to go back to $10

institutional investment or interest?

i find it a little hard to believe that wall street professionals are on poloniex being trolled by the pumpers there while their secretary is noting down trollbox comments.

haroldtee

sr. member

Activity: 644

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Quote from: mundang on June 26, 2017, 10:55:09 AM

As expected this is the right time to buy cheap btc. Or should we wait for the price to go below than 2000$.
I have this feeling that bitcoin will go down near 2000$ this week.

Feelings sometimes can fail you or may not but to be on a safe side, it is better to buy some now and watch to see if it comes down tomorrow to buy more. If you keep waiting for it to go down more, you may be surprised to wake up tomorrow to see the price higher than you can imagine. That is how volatile it can be.

leopard2

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If you follow Coindesk you know that ETH has seen alot of institutional investment - it is unlikely to go back to $10

Boat4Sale

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Quote from: European Central Bank on June 27, 2017, 03:07:41 PM

Quote from: Boat4Sale on June 27, 2017, 03:05:26 PM

That is crazy, but aren't banks using Ethereum now? that's probably where all the money is coming from!

no. that's one of the pervasive myths that people like to use to pump.

no bank is ever gonna use an alt that's exposed to an open market, same goes for xrp, especially markets as rigged as the crypto ones. what are they gonna do, get on poloniex and buy buy buy if they need to complete someone's bank transfer if they ran out of ethereum? that's ridiculous.

they'll use the code and adapt it for their own purposes but try telling that to the pump zombies.

Yeah that would make more sense I guess.

But I do believe ethereum is just about to sky rocket, not trying to pump or anything, I am a simply a miner and don't hold.

My price predictions:
by end of June: €300+
by end of 2017: €1000+

European Central Bank

legendary

Activity: 1288

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Quote from: Boat4Sale on June 27, 2017, 03:05:26 PM

That is crazy, but aren't banks using Ethereum now? that's probably where all the money is coming from!

no. that's one of the pervasive myths that people like to use to pump.

no bank is ever gonna use an alt that's exposed to an open market, same goes for xrp, especially markets as rigged as the crypto ones. what are they gonna do, get on poloniex and buy buy buy if they need to complete someone's bank transfer if they ran out of ethereum? that's ridiculous.

they'll use the code and adapt it for their own purposes but try telling that to the pump zombies.

Boat4Sale

newbie

Activity: 50

Merit: 0

Quote from: European Central Bank on June 27, 2017, 03:03:02 PM

Quote from: The One on June 27, 2017, 09:54:16 AM

ETH - Jan 1st 2017 $698,149,000. Peaked at June 14th $36,761,600,000. Basically a rise of $36,063,451,000 because of Huh

that is a genuinely insane figure when it's laid out like that.

all that money being thrown at something with that screwy a past just goes to show how nuts it all really is.

That is crazy, but aren't banks using Ethereum now? that's probably where all the money is coming from!

And it looks like the bloodbath is over, I think it was just a market correction (which is good) and now we are going to da moon Grin

European Central Bank

legendary

Activity: 1288

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Quote from: The One on June 27, 2017, 09:54:16 AM

ETH - Jan 1st 2017 $698,149,000. Peaked at June 14th $36,761,600,000. Basically a rise of $36,063,451,000 because of Huh

that is a genuinely insane figure when it's laid out like that.

all that money being thrown at something with that screwy a past just goes to show how nuts it all really is.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: Siren on June 27, 2017, 02:22:58 PM

Quote from: Minecache on June 27, 2017, 01:45:46 PM

Quote from: HeRetiK on June 27, 2017, 01:33:54 PM

Quote from: Minecache on June 26, 2017, 10:43:32 AM

Now is the time to buy the dip and fill yer bags.

Still not bloody enough, this correction is nothing so far. Waiting on the sidelines for this one.

You might miss out on some cheap coinage. Only a couple of days until Australia legalises Bitcoin.

I think we still have the final push before the dreaded Aug 1. Australia will be joining and I'm sure that there will be a positive impact on the price. Couple more days to go and we are going to be amaze again by bitcoin, its power to recover and bound back even greater. Just watch out for it.

Not days.. It's going to be weeks if you're waiting for SegWit. I'm very positive about Bitcoin going up again this year, but it may go down a lot if people who bought in the recent breakout start panicking. I think the total bottom from which we've started is right above $1000 and this is a very probable bottom if we repeat the 2013 pattern.

Siren

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Quote from: Minecache on June 27, 2017, 01:45:46 PM

Quote from: HeRetiK on June 27, 2017, 01:33:54 PM

Quote from: Minecache on June 26, 2017, 10:43:32 AM

Now is the time to buy the dip and fill yer bags.

Still not bloody enough, this correction is nothing so far. Waiting on the sidelines for this one.

You might miss out on some cheap coinage. Only a couple of days until Australia legalises Bitcoin.

I think we still have the final push before the dreaded Aug 1. Australia will be joining and I'm sure that there will be a positive impact on the price. Couple more days to go and we are going to be amaze again by bitcoin, its power to recover and bound back even greater. Just watch out for it.

Minecache

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Vave.com - Crypto Casino

Quote from: HeRetiK on June 27, 2017, 01:33:54 PM

Quote from: Minecache on June 26, 2017, 10:43:32 AM

Now is the time to buy the dip and fill yer bags.

Still not bloody enough, this correction is nothing so far. Waiting on the sidelines for this one.

You might miss out on some cheap coinage. Only a couple of days until Australia legalises Bitcoin.

HeRetiK

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Activity: 3122

Merit: 2178

Playgram - The Telegram Casino

Quote from: Minecache on June 26, 2017, 10:43:32 AM

Now is the time to buy the dip and fill yer bags.

Still not bloody enough, this correction is nothing so far. Waiting on the sidelines for this one.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: OROBTC on June 27, 2017, 03:49:41 AM

...

Before today, I thought that the drop in Bitcoin prices (I only follow BTC as I am know little about Alts) might just be one of it's "little drops"
(up to a 10% decline).

Now I am not so sure (well, I am NEVER sure of anything re BTC prices). This might be the start of one of BTC's big swoons in prices, perhaps going down below (say) $1500. Maybe it's just as well I have been unable to get any BTC here in Italy, I can wait and buy more BTC when I get home.

But, in the three + years I have been involved with BTC, a Buy & Hold has always worked given enough time.

If you check the charts you'll see that Bitcoin has always jumped high, and dived after breaking ATH, but the dive has always ended above the starting point of the pump.
It's been going on for years. If it's another one of these moves we'll stop somewhere above $1200, and start going up again, but we could as well start going up from a higher level, like $2000 because the confidence in cryptocurrencies is rising.

jc89

sr. member

Activity: 364

Merit: 250

Quote from: Minecache on June 26, 2017, 10:43:32 AM

Now is the time to buy the dip and fill yer bags.

I also believe it is. Buying now when the price is somewhat low is a great opportunity to people who would want to buy more Bitcoin. By buying at a smaller amount, if the price spiked high then a major profit is very likely. Buying in the dips is always a good strategy. And by holding your coins within the correct time span, you will surely gain much than you anticipated.

Singwala

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Activity: 462

Merit: 260

Crypto bloodbath,Red days and other name when all leading altcoins.
Its normal on trading so don't panic you should always be patience because there's a red days and also green days what we do right noe is to hold our coins. be patience, and take coffee and watch your coins grow and low.

qiwoman2

legendary

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Oikos.cash | Decentralized Finance on Tron

I wouldn't cash in all my portfolio, that would be a mistake, but if any of you are in profit, sell off some and take some winnings, then leave the rest in, then when Bitcoin or alts drop even further, which I am sure they will over the month of July, just buy back in and grow the bags bigger I think.

Topic: Crypto Bloodbath - page 2. (Read 5421 times)