Too many MOON expectations, too many longs.
We must go down.
We must go down.
This is the Calm before the Storm, I think...
Topic: DOWN WE GO - Market is unstable. It will crash around halving day. - page 5. (Read 10240 times)
July 11, 2016, 08:21:42 AM
This is the Calm before the Storm, I think...
July 11, 2016, 08:03:35 AM
Where's the halving crash guys??
Where is the new ATH i was promised? I was gonna cash out while the price was still high, but o nooo! some smart blockchain experts told me it was the dumbest thing to cash out at $780, wait until teh Halvening they said
Can you tie your own shoelaces yet??...... Gimp/
July 11, 2016, 07:33:38 AM
Too many MOON expectations, too many longs.
We must go down.
We must go down.
But Thanks God, a crash did not occur and now we can expect that when the demand is increased the value of bitcoin will also increase and you cannot say that the price will decrease as the supply will not increase much higher than the demand, because of minimum miners.
Don't forget all speculative longs which haven't realized any profit. Speculator are getting nervous because they are aware what happens when stampedo starts...
I hold my bitcoin for the next few decades. So I will not add the selling pressure. But the short term traders might sell.
July 11, 2016, 07:15:56 AM
Where's the halving crash guys??
Where is the new ATH i was promised? I was gonna cash out while the price was still high, but o nooo! some smart blockchain experts told me it was the dumbest thing to cash out at $780, wait until teh Halvening they said
Sorry to say this but you are the best example of what nobody should do here, listening to other so called self proclaimed experts.
The best is always to do your own research and conclusions.Many people here are acting for self interest or are shillig for others because they get paid for that.
July 11, 2016, 06:51:23 AM
Too many MOON expectations, too many longs.
We must go down.
We must go down.
But Thanks God, a crash did not occur and now we can expect that when the demand is increased the value of bitcoin will also increase and you cannot say that the price will decrease as the supply will not increase much higher than the demand, because of minimum miners.
Don't forget all speculative longs which haven't realized any profit. Speculator are getting nervous because they are aware what happens when stampedo starts...
July 11, 2016, 06:46:36 AM
Too many MOON expectations, too many longs.
We must go down.
We must go down.
But Thanks God, a crash did not occur and now we can expect that when the demand is increased the value of bitcoin will also increase and you cannot say that the price will decrease as the supply will not increase much higher than the demand, because of minimum miners.
July 11, 2016, 06:37:47 AM
Where's the halving crash guys??
Where is the new ATH i was promised? I was gonna cash out while the price was still high, but o nooo! some smart blockchain experts told me it was the dumbest thing to cash out at $780, wait until teh Halvening they said
July 11, 2016, 05:26:51 AM
Where's the halving crash guys??
I think we might have to accept $6xx is the new floor
The best buying opportunity recently was the brief crash to $540 when bitfinex went offline unexpectedly twice....
Apart from that $ 600+ seems solid, I would stock up because
Miners will slowly increase the price as they start to feel the hurt from the halving ...
The next new floor will be $700...and likely not too far away.. Probably in the next 1-2 months
I think we might have to accept $6xx is the new floor
The best buying opportunity recently was the brief crash to $540 when bitfinex went offline unexpectedly twice....
Apart from that $ 600+ seems solid, I would stock up because
Miners will slowly increase the price as they start to feel the hurt from the halving ...
The next new floor will be $700...and likely not too far away.. Probably in the next 1-2 months
July 09, 2016, 07:17:37 PM
It's getting up. Crash was because of halving bug on websites + DDOS. 
What bug ,who was DDOSed?
Markets/exchanges, halvening site, chart sites
bitcoinwisdom crashed for me too.
Btw, main reason was halvening bug on sites (wrong reward number) and people panicked that bitcoin got broken or something. Just look around on news, it's everywhere.
The $40 drop was at block #419997. ie, before the bugs were even seen by anyone, not to mention blockchain.info bug != bitcoin bug.
one other thing, the negative number you saw was the fees. The reward bug showed 16.66666666 for the first blocks after halving. Blockexplorer showed the correct reward from block 420k. No one panicked from this.
Edit: No one gives a flying F about bitcoin wisdom. Them going down and gdax going down doesn't matter
Well it was one of the sites that were affected for some minutes
. July 09, 2016, 06:33:20 PM
6% drop. not really a crash.
Yeah. You can start getting a bit worried if it goes sub 600. But even if, as long as its still above 500, it's a good price rise if you look back a month ago!That's not the case with the majority of the people which entered the market above $600 not very long ago.
These people are waiting for the price to go higher and not vice versa. Either way, you can't please all people.
People who bought themselves a position in Bitcoin at such prices were only gambling and hoping for the price to even double.
July 09, 2016, 05:27:01 PM
It's getting up. Crash was because of halving bug on websites + DDOS.
What bug ,who was DDOSed?
Markets/exchanges, halvening site, chart sites
bitcoinwisdom crashed for me too.
Btw, main reason was halvening bug on sites (wrong reward number) and people panicked that bitcoin got broken or something. Just look around on news, it's everywhere.
The $40 drop was at block #419997. ie, before the bugs were even seen by anyone, not to mention blockchain.info bug != bitcoin bug.
one other thing, the negative number you saw was the fees. The reward bug showed 16.66666666 for the first blocks after halving. Blockexplorer showed the correct reward from block 420k. No one panicked from this.
Edit: No one gives a flying F about bitcoin wisdom. Them going down and gdax going down doesn't matter
July 09, 2016, 04:39:06 PM
Too many MOON expectations, too many longs.
We must go down.
We must go down.
This is the Calm before the Storm, I think...
July 09, 2016, 04:36:11 PM
350 USD in August
July 09, 2016, 04:32:48 PM
6% drop. not really a crash.
Yeah. You can start getting a bit worried if it goes sub 600. But even if, as long as its still above 500, it's a good price rise if you look back a month ago!That's not the case with the majority of the people which entered the market above $600 not very long ago.
These people are waiting for the price to go higher and not vice versa. Either way, you can't please all people.
July 09, 2016, 04:13:07 PM
6% drop. not really a crash.
Yeah. You can start getting a bit worried if it goes sub 600. But even if, as long as its still above 500, it's a good price rise if you look back a month ago!That's not the case with the majority of the people which entered the market above $600 not very long ago.
These people are waiting for the price to go higher and not vice versa. Either way, you can't please all people.
Well you can wait again to get btc for less than 600$ ^^
July 09, 2016, 03:02:56 PM
6% drop. not really a crash.
Yeah. You can start getting a bit worried if it goes sub 600. But even if, as long as its still above 500, it's a good price rise if you look back a month ago!That's not the case with the majority of the people which entered the market above $600 not very long ago.
These people are waiting for the price to go higher and not vice versa. Either way, you can't please all people.
July 09, 2016, 02:44:14 PM
It's getting up. Crash was because of halving bug on websites + DDOS.
What bug ,who was DDOSed?
Markets/exchanges, halvening site, chart sites
bitcoinwisdom crashed for me too.
Btw, main reason was halvening bug on sites (wrong reward number) and people panicked that bitcoin got broken or something. Just look around on news, it's everywhere.
July 09, 2016, 02:30:32 PM
It's getting up. Crash was because of halving bug on websites + DDOS.
What bug ,who was DDOSed?
Markets/exchanges, halvening site, chart sites
bitcoinwisdom crashed for me too.
Btw, main reason was halvening bug on sites (wrong reward number) and people panicked that bitcoin got broken or something. Just look around on news, it's everywhere.
July 09, 2016, 02:27:54 PM
It's getting up. Crash was because of halving bug on websites + DDOS.
What bug ,who was DDOSed?
Markets/exchanges, halvening site, chart sites
July 09, 2016, 02:27:03 PM
6% drop. not really a crash.
Not really a crash but far from what was expected by most as the begining of the moon ^^
i´d be happy if it would repeat the last halvings pattern. check out bitcoin performance in 2013
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