Fingers crossed or I can sell. Of course as soon as I do the price will start to shoot up again
Topic: Death by thousand cuts - page 2. (Read 1999 times)
Disappointing to say the least. I'm still hoping for the price to rise but its not looking good at the moment. To much shorting going on making it look like a ponzi which I guess it is.
Fingers crossed or I can sell. Of course as soon as I do the price will start to shoot up again
Fingers crossed or I can sell. Of course as soon as I do the price will start to shoot up again
So in other words, you're some douchebag making tons of throwaway accounts every day constantly spamming that the price is going to go down and people are supposed to believe you're doing this out of "charity" to help others rather than hidden motives, yea sure, everyone really believes you.
What? But the price is going down. $150 in less than a week. Its not fud to post the truth is it?
To clarify, I'm not saying that we are going from 500 to 250 over the next 2 years. What I'm saying is that we are in a drop phase where bitcoin drops in value gradually, each dumping cutting down little by little, no rocket in sight. We may see a little rise here and there as well as periods of stagnant price, but it drops again and again.
While I was writing this post, it dropped from 365 to 357. Wow. Don't you see it? Wake up, people!
While I was writing this post, it dropped from 365 to 357. Wow. Don't you see it? Wake up, people!
Its exactly what has happened. Your eyes are not deceiving you. The drops will also continue and for sure the price is going back to around $250. Theres still a lot more Bitcoin to be dumped and when we start reaching $300 we will see massive dumps because right there is the price a lot of those coins were purchased. After that we have the hoarders who have been waiting for the magical price. They will start to dump t if it gets to $200. A friend of mine who has 2600 Bitcoin has told me hes getting rid of them all before it reaches $250. The poor guy is a bag of nerves but he still hopes its going to go magical. He hasn't sold a single bitcoin in over two years. He needs to wake up but hes not alone, there are a lot of hoarders out there. But he's not a trader - hes a guy that mined a ton of Litecoin and thats how he made his Bitcoin. He has no clue how to trade and again we have a lot of that type in bitcoin.
So in other words, you're some douchebag making tons of throwaway accounts every day constantly spamming that the price is going to go down and people are supposed to believe you're doing this out of "charity" to help others rather than hidden motives, yea sure, everyone really believes you.
To clarify, I'm not saying that we are going from 500 to 250 over the next 2 years. What I'm saying is that we are in a drop phase where bitcoin drops in value gradually, each dumping cutting down little by little, no rocket in sight. We may see a little rise here and there as well as periods of stagnant price, but it drops again and again.
While I was writing this post, it dropped from 365 to 357. Wow. Don't you see it? Wake up, people!
While I was writing this post, it dropped from 365 to 357. Wow. Don't you see it? Wake up, people!
History is re-unfolding right in front of our eyes.
Over the past 2 years, we've seen how bitcoin rocketed to over $1200, only to fall gradually to $150, finally settling around $250.
Recently, bitcoin seems to be repeating this behavior. First it seemingly rocketed to over $500, only to fall back down to $370 currently. Where it will settle down to is a good question to ask at this time; how long it will take to go down there is another good question.
Judging by the posts with naive people calling for million dollar bitcoins, we are in for a rough landing.
Over the past 2 years, we've seen how bitcoin rocketed to over $1200, only to fall gradually to $150, finally settling around $250.
Recently, bitcoin seems to be repeating this behavior. First it seemingly rocketed to over $500, only to fall back down to $370 currently. Where it will settle down to is a good question to ask at this time; how long it will take to go down there is another good question.
Judging by the posts with naive people calling for million dollar bitcoins, we are in for a rough landing.
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