Dump is not over yet - page 5. | Bitcointalksearch.org

styca

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Quote from: Kenny001 on July 16, 2017, 10:40:32 AM

Some coins are down 70% already, who's selling at this?

If people think the price will drop 80%, then they'll sell at 70% and rebuy cheaper later on. And then each sell perpetuates the general trend.
I really wonder how low everything can go. We still have another couple of weeks until Aug 01. And even then Aug 01 could just be the start of another level of chaos.
A lot of alts could be close to $0 the way things are going!

Kenny001

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Probably it will go a bit lower and hit the floor untill end july/begin august and going recover after im done buying my coins.
Some coins are down 70% already, who's selling at this?

hisuka

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I think so this dump is not over yet and it will continuos to dump until august. So depressing to check always the market. But all of this things happen I believe it will rise again soon.

dissident

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I was sleeping during the dip to $60B. Sigh. We're definitely closer to support levels now, but not quite there. I'm going to wait a bit longer. LTC hasn't sold off, either, so if I buy the dip I have to buy something else. Maybe I'll buy back the NEM I sold but I'd rather buy something I think will pull a triple or better. Time for some digging. Since we already bounced to above $65B I'm not gonna swing trade here. This ain't the bottom. Congrats swing traders who got in at $60B though.

There's so many coins that promise the same thing I'd be hard pressed to find one that's unique, but I'll do my best. Pascalcoin really but nobody cares about the tech in it since because it's open source, someone already cloned it anyways.

spiz0r

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I also think this is just the beginning. More dumps will come soon.

My buy orders at $75 for ETH and $1200 for BTC. I think we can see these prices around the last week of July. Also I think the prices will be bounce back around 1st of August.

abayan

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Quote from: Kolder on July 16, 2017, 09:25:50 AM

Quote from: ChironRegera on July 16, 2017, 09:12:49 AM

Another day with lots of red!

This red days will over a few weeks after august 1. This is very depressing for traders like me but we can't do anything except for believing and holding bitcoin. Price will be stable soon. Cool

Im hoping also that happens as soon as August 1 split finish and to have no negative effect on bitcoins. I take the chance of buying some altcoins from my last Bitcoins in the wallet for some safety in this august . Many believe in bitcoins so dont worry although it is hard to see that the market was dump it willrecover soon.

Kolder

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Quote from: ChironRegera on July 16, 2017, 09:12:49 AM

Another day with lots of red!

This red days will over a few weeks after august 1. This is very depressing for traders like me but we can't do anything except for believing and holding bitcoin. Price will be stable soon. Cool

ChironRegera

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Another day with lots of red!

styca

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One thing this dip shows is just how reliant every alt is on bitcoin. Uncertainty around bitcoin means price drops across the whole market. At some point in the future, alts will be able to stand on their own. But at the moment, any developments or good or bad news for an alt is pretty much irrelevant. Bitcoin casts a long shadow, and determines everything.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: layoutph on July 14, 2017, 10:17:41 AM

Yes, OP is correct. We are not yet done with the dump. Bitcoin will reach the 1900usd to 1800usd first. I think this is the dip. Then we will proceed to 2000usd to 3000usd... 4000usd... Then next is history. Checkout the July 2015 and 2016 bitcoin chart, the chart will just repeat itself.

It is that easy to look at the charts and predict the price,to my knowledge the reason for the price dump during 2015 and 2016 are entirely different than we have right now,there is a possibility of a network split and that is the difference between all those price dumps in the past.

ClaraLuV

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Presale is live!

Quote from: Klangburg on July 14, 2017, 11:13:42 AM

Weekend Dip incoming as usual.
Let's see what happens next week. Good times for day trading!

That is what i thought so Tongue

the market is going down for more than a week and you expect a recovery in the next week,it is highly unlikely,there might be coins that will be increasing in the mean time but the over all market will go down in the coming weeks.

cotton ball

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Quote from: Siren on July 15, 2017, 02:50:31 PM

Quote from: maydna on July 15, 2017, 03:52:43 AM

Quote from: waynechong1995 on July 14, 2017, 11:53:55 AM

I agreed... history would repeat itself, probably back to around $1500 before skyrocket again.

if its really down to $1,500, many traders will panic and they selling bitcoin so fast. i hope after down too deep, price will back and increase so traders which bought at that price, will make big profit. but i think market will not stable in august after segwit until the end of august and after august, altcoin will recover the price.

Every trader is on its feet and will not hesitate to push the sell button if they see the price is dumping so fast. We don't know what's the price floor, it might be below $2000 or even as low as $1700. Ethereum might go at $150. But I hope that everything will go on smoothly again after Aug 1. So that everyone will recover including our precious altcoins.

Announcement from market trading who advised not to trade on August 1st until further announcement, which means the result of indirect hardfork will stabilize bitcoin prices indefinitely, but I agree with you, the market needs to recover soon, but we cannot speculating nothing at the beginning of next month.

Siren

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Quote from: maydna on July 15, 2017, 03:52:43 AM

Quote from: waynechong1995 on July 14, 2017, 11:53:55 AM

I agreed... history would repeat itself, probably back to around $1500 before skyrocket again.

if its really down to $1,500, many traders will panic and they selling bitcoin so fast. i hope after down too deep, price will back and increase so traders which bought at that price, will make big profit. but i think market will not stable in august after segwit until the end of august and after august, altcoin will recover the price.

Every trader is on its feet and will not hesitate to push the sell button if they see the price is dumping so fast. We don't know what's the price floor, it might be below $2000 or even as low as $1700. Ethereum might go at $150. But I hope that everything will go on smoothly again after Aug 1. So that everyone will recover including our precious altcoins.

Celebrity

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Quote from: maydna on July 15, 2017, 03:52:43 AM

Quote from: waynechong1995 on July 14, 2017, 11:53:55 AM

I agreed... history would repeat itself, probably back to around $1500 before skyrocket again.

if its really down to $1,500, many traders will panic and they selling bitcoin so fast. i hope after down too deep, price will back and increase so traders which bought at that price, will make big profit. but i think market will not stable in august after segwit until the end of august and after august, altcoin will recover the price.

That's the idea basically. If we guess that it could be down to $1,500, it actually goes down to $1,200 or so. This is the panic situation. More sell orders trigger new ones eventually. And finally we observe a huge dump on the market.

shafi alam

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I think market is too much high situation now. Its probably getting down. and i think it will stop in its Support lavel. And than market will be stable.

maydna

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: waynechong1995 on July 14, 2017, 11:53:55 AM

I agreed... history would repeat itself, probably back to around $1500 before skyrocket again.

if its really down to $1,500, many traders will panic and they selling bitcoin so fast. i hope after down too deep, price will back and increase so traders which bought at that price, will make big profit. but i think market will not stable in august after segwit until the end of august and after august, altcoin will recover the price.

styca

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Quote from: jeffthebaker on July 14, 2017, 02:21:47 AM

Quote from: Ayertosco on July 14, 2017, 02:10:26 AM

Quote from: jeffthebaker on July 14, 2017, 01:48:20 AM

One thing I'm really concerned about is how people prepare for the August 1 BTC shenanigans. Many people are advising to take all BTC out of exchanges. If such is the case, altcoins are going to tank in value because there is significantly reduced amounts of Bitcoin to be purchasing the alts with. There's a lot of evidence to support this actuality.

Yeah, in some exchange the admins are advising to withdraw too (example: the rock trading https://medium.com/the-rock-trading/the-rock-trading-and-bitcoin-hard-fork-8e31f82faf88 ). Lot of people think they're going to double their coins but it's possible that some exchange will only support one chain (core probably) and not the fork (if it's happening) so maybe the wallet management will be difficult on those days.

There is a very real possibility that volume is going to grind to a halt. What that means is everything is going to come crashing down. Seriously. The best bet may be buying into XCP, WAVES, and other platforms with their own dedicated altcoin exchanges to use as altcoin tender for the time being. They might be the only coins to surge on through.

Yes, there will be a lot of withdrawals and much reduced volume. However I think there are a lot of people who bought Bitcoin as a long-term investment and know very little about the tech and the market, don't follow developments, and leave their coins on exchanges, just checking back once or twice a year. So I don't think everyone will withdraw.

I'm sure that the markets won't recover until the bitcoin situation resolves (or looks to be resolving), and whether the solution is long-term or simply a stopgap. Plenty of questions at the moment, which means uncertainty, which means the bear continues. One question is how much farther can everything fall before stabilising? And one bitcoin question at the moment I suppose is how much of the Seg2x signalling is genuine?

shade_wrath

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Any store can buy, sell, and accept Crypto

Still, the dump didn't meet expectation. Just warming my seats and getting ready to do some shopping .. market deserves to fall more .. already 77 billion cap now .. Grin

waynechong1995

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swing!

I agreed... history would repeat itself, probably back to around $1500 before skyrocket again.

Fatunad

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Quote from: brandeany on July 13, 2017, 06:30:02 PM

I can see the red everywhere now. So I think we may see the next big dump for the whole market. I am pessimistic and don't know when this downtrend stops.

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Its not surprising anymore and it does really happen on crytpomarket if you see red and if you see green its all normal to me already since market do work on this way. Dump might really happen anytime soon and yes its not over yet there would be still dumps and pumps and its been part always of a healthy market.Moving prices does indicate that there are interactions between sellers and buyers.In able to make money on this one we should really be smart to go with the flow.

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