dump is happening | Bitcointalksearch.org

okthen

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Quote from: oblivi on March 05, 2015, 06:25:12 PM

Quote from: 1Referee on March 05, 2015, 05:04:31 PM

Quote from: ajareselde on March 05, 2015, 11:48:01 AM

Heres that long awaited correction of the ongoing price increase, it was bound to happen.
Where do you think the floor will be, i assumed all along it should be @~240-250$

cheers

There had to be some sort of a dump. Only not sure if that would make it go down to ~$240

I guess we will see the price move slowly to around ~$325-$350 in the comming months.

Big old MACD shows still an uptrend in Bitcoinwisdom@Bitstamp, its safe to say we goin up.

Yep, and it's still the most reliable indicator if we look at the past.
Still, calm and steady growth at first, please, shouldn't waste all the fuel too soon

uki

legendary

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cryptojunk bag holder

SO now one can summarise this thread and say, there was no dump, just a small correction. Good to cool down the technical indicators and resume on the way up.

dothebeats

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Quote from: oblivi on March 05, 2015, 06:25:12 PM

Quote from: 1Referee on March 05, 2015, 05:04:31 PM

Quote from: ajareselde on March 05, 2015, 11:48:01 AM

Heres that long awaited correction of the ongoing price increase, it was bound to happen.
Where do you think the floor will be, i assumed all along it should be @~240-250$

cheers

There had to be some sort of a dump. Only not sure if that would make it go down to ~$240

I guess we will see the price move slowly to around ~$325-$350 in the comming months.

Big old MACD shows still an uptrend in Bitcoinwisdom@Bitstamp, its safe to say we goin up.

I hope so. I like to see the green UP on charts too.

Q7

sr. member

Activity: 448

Merit: 250

No it's not. It's basically maintaining at the current 272 level and becoming range bound between 270 and 275. Probably the drop which we witnessed about a day earlier was a temporary reversal in another direction that goes against the prevailing trend and this happens all the time. I see this as pretty normal.

dothebeats

legendary

Activity: 3542

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Quote from: uki on March 05, 2015, 05:24:43 PM

yes, but little by little. This short correction was perfect to cool down the technical indicators and gain some fuel for further growth. Steady growth. Nothing of a kind, to da moon pump. we are not there yet. Because that is usually the last stage of the growth, when the mass public wants to maniacally buy. For now what we need is $15-20 jumps, and shallow corrections, like this last one.

Slow and steady growth is ideal to bitcoin. I admit that I do like to see massive price jumps, but as time went by and I gained enough knowledge about it, I am becoming nervous whenever I see spikes in price.

avw1982

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Quote from: darkmind on March 06, 2015, 09:24:19 AM

We're still on the way up, people buying those bitcoins are billionaires. they are buying them to invest... not to dump.

the people yelling 'dump' or 'crash' were trying to exploit the fear and get people to panic sell, dont sell your coins cheap

I hope so. Just keep my BTC and wait what happened in the future.

darkmind

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We're still on the way up, people buying those bitcoins are billionaires. they are buying them to invest... not to dump.

the people yelling 'dump' or 'crash' were trying to exploit the fear and get people to panic sell, dont sell your coins cheap

oblivi

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Quote from: 1Referee on March 05, 2015, 05:04:31 PM

Quote from: ajareselde on March 05, 2015, 11:48:01 AM

Heres that long awaited correction of the ongoing price increase, it was bound to happen.
Where do you think the floor will be, i assumed all along it should be @~240-250$

cheers

There had to be some sort of a dump. Only not sure if that would make it go down to ~$240

I guess we will see the price move slowly to around ~$325-$350 in the comming months.

Big old MACD shows still an uptrend in Bitcoinwisdom@Bitstamp, its safe to say we goin up.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

yes, but little by little. This short correction was perfect to cool down the technical indicators and gain some fuel for further growth. Steady growth. Nothing of a kind, to da moon pump. we are not there yet. Because that is usually the last stage of the growth, when the mass public wants to maniacally buy. For now what we need is $15-20 jumps, and shallow corrections, like this last one.

1Referee

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Merit: 1427

Quote from: ajareselde on March 05, 2015, 11:48:01 AM

Heres that long awaited correction of the ongoing price increase, it was bound to happen.
Where do you think the floor will be, i assumed all along it should be @~240-250$

cheers

There had to be some sort of a dump. Only not sure if that would make it go down to ~$240

I guess we will see the price move slowly to around ~$325-$350 in the comming months.

Big0Bang

sr. member

Activity: 476

Merit: 250

Quote from: ThatDGuy on March 03, 2015, 10:32:57 AM

Just some more friendly advice to anyone planning on following kwukduck's trading guides:

Quote from: kwukduck on February 18, 2015, 01:19:47 PM

Buy orders are vanishing before our eyes, selling pressure increasing massively. The path is clear to drop below $200.

OTC prices are already around the 200 mark with big volumes being sold.

This is a huge indicator for upcoming big dumps.

Short and sell now or hold the bag.

This was the call OP made to short BTC. When was sitting at $238. 14 Days ago. BTC is up about 15% since then.

So he is telling us, again, Bitcoin is going up by another 15%.

AtheistAKASaneBrain

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Quote from: alesx.onfire on March 05, 2015, 10:47:41 AM

Dump in btc-e:

Classic correction. Floor around 240 with an overall uptrend until 300 territory before summer. Nice gains to be made if cards are played right.

ajareselde

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Activity: 1722

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Satoshi is rolling in his grave. #bitcoin

Heres that long awaited correction of the ongoing price increase, it was bound to happen.
Where do you think the floor will be, i assumed all along it should be @~240-250$

cheers

alesx.onfire

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Activity: 966

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It's Not Enough

Dump in btc-e:

rosh

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Quote from: Amph on March 05, 2015, 02:45:29 AM

Quote from: kwukduck on March 04, 2015, 05:25:41 PM

You're all welcome.

just dropped a few penny, why the worry about? there can't be some swings in down scale that people should start to worry?

It is still up $20 from last week.
So absolutely no worries.

Amph

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Quote from: kwukduck on March 04, 2015, 05:25:41 PM

You're all welcome.

just dropped a few penny, why the worry about? there can't be some swings in down scale that people should start to worry?

waterpile

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well lets see what will happen in the next coming days.. yah there could be a small dump coming but eh i'll just hold on to my coins

tss

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Quote from: kwukduck on March 04, 2015, 05:25:41 PM

You're all welcome.

OMG it fell 3% you were so right.. Thank you, Nostradamus over here. Just die already and we'll worship you in the future.

kwukduck

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You're all welcome.

criptix

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Quote from: kwukduck on March 03, 2015, 10:26:17 AM

My friendly advice for anyone that bought coins in the past days.
Right now the trend is reversing down again probably back to around 210.
Sell now if you want to make profit.

quoting for further reference Grin

Topic: dump is happening (Read 4385 times)