What do you say? Did the bubble burst and we're seeing a decline or are we still aiming to the moon?
A dying cat may bounce but cannot leap, right ? I mean to say some 5% to 10% recovery is usual and to be termed as dead cat bounce but, here bitcoins recovers more than 50% from what it had lost. It might mean serious recovery is happening right now and the new trend has already stated which might lead to "new moon" too. 
Topic: Dead cat bounce? - page 2. (Read 1359 times)
This is not at all an loss or growth asset, because this is just to have an enriched relationship as we're getting into destruction from the grown value. This misunderstanding is made by its user's and they realise the sustainability only after missing a lot of profiting opportunity
Yes it's dead, sell your stock....
we need cheap coins.
we need cheap coins.
Cheap, hell if it's dead then the coins should be free.
NOTE:
You will see thew term "dead cat bounce" here occasionally. It is a term borrowed from stock trading that does not apply to bitcoin, yet it is used all the time. In stock offerings the stocks value must stay above a certain threshold because the money is needed by the issuing company. That is why they offered it for sale, they need the money to stay afloat.
Sometimes it all goes wrong and the value drops. Then just before complete collapse there is a minor rally that "bounces" the price back up. It does not last long and the price then falls to a level that causes the company to become insolvent and close. That last rally is the dead cat bounce. But bitcoin is nothing like a stock. It does not need your money to operate and worked just fine when bitcoin was $0.06
A "DCB" is also ONLY knowable after the cat has died. So you know.
Bounce? It was supposed to happened. The August event will surely bring the price goes up again. Others will start a FUD and that is normal. Who wants to buy anyways at $3,000 as a bottom?
Like what happened the last time SEC rejected the ETF approval. Whales wants to buy cheap coins before moving forward. Just my speculation so trying to do anything to purchase at the current price.
I believe this whole dump was orchestrated by (some) miners and probably a few whales to make some big money before moving forward.
Like what happened the last time SEC rejected the ETF approval. Whales wants to buy cheap coins before moving forward. Just my speculation so trying to do anything to purchase at the current price.
Yes it's dead, sell your stock....
we need cheap coins.
we need cheap coins.
Don't think so.
Check twitter. More and more miners agree to SegWit2x. And is this is compatible with BIP148 now the community will get SegWit as it was planned.No modifications. Bifury, BTCC, F2Pool, ViaBTC have all agreed so far.
Imo we will continue moving up again. Of course some dips always possible.
I believe this whole dump was orchestrated by (some) miners and probably a few whales to make some big money before moving forward.
Bitmain's shitty announcement and HF threat, then the massive dump. Now they load up, pumped the market again and announced support for SegWit.Antpool, Bitmain will be the last to signal for SegWit2x imo, but they will.
Check twitter. More and more miners agree to SegWit2x. And is this is compatible with BIP148 now the community will get SegWit as it was planned.No modifications. Bifury, BTCC, F2Pool, ViaBTC have all agreed so far.
Imo we will continue moving up again. Of course some dips always possible.
I believe this whole dump was orchestrated by (some) miners and probably a few whales to make some big money before moving forward.
Bitmain's shitty announcement and HF threat, then the massive dump. Now they load up, pumped the market again and announced support for SegWit.Antpool, Bitmain will be the last to signal for SegWit2x imo, but they will.
It looks to just be some short term panic over a possible hardfork by bitmain and its allies. I don't think its a general decline yet.
What do you say? Did the bubble burst and we're seeing a decline or are we still aiming to the moon?
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