Topic: [FACT] End of month dumping.. (Read 6133 times)

You're right, I didn't know about the auction. Also, Brexit vote with huge spikes in USD/BTC pairs. investors might be pulling serious cash out of Bitcoin to place on a GBP bounce.

i have explained endlessly and i just did in the quote i snipped out posted earlier.
If you were not retarded you would have noticed how i said it "shifted" on previous pages
and all over crypto.. for years.

I had said many many times it USED to be a few days before the end of the month
back when BTC was in between $50 & $100
Since i said it shifted.. guys trying to get ahead start on the dumping ?
A race to dump first ?

I did not make this topic yesterday fraud scammer mouth piece.
I have been saying it for years..

So YES i did say "it"

And yes i am right and yes you agreed with me idiot LOL
Thanks for supporting me Investard ETH scammer ahahahhaha

i agree with your theory BUT this time had nothing to do with it( at least not most of this dump ).
Main reason, in my opinion, was a mix of the 24k bitcoin auctioned in australia + bitcoin retration. i was expecting a retraction since 550~600$  and bitcoin just skiped to almost 800$.

So, delayed retraction plus big auction = doom.

No your tarded thread proclaims end of month dumping, not mid-month you Spoetniktard BTC goon shill.

Exactly as i said every month since 2013..
i already explained myself MILLIONS of times but you are all too stupid & lazy to scroll up.

And your all too stupid to get the point.. the pattern.. NOT bickering like drunk old hens over WHY.
You are all idiots and i will explain yet again since you fail miserably at reading comprehension.

I started saying mid-2013 up until about January 2014
That there was a monthly pattern at work.. and it would be dumping close to the end of the month.
THEN i started saying for about 2 years now..
..the pattern changed slightly and it was NOW offset and NOT EXACTLY at the END of the month.
It NOW starts mid month and rebounds back AFTER the 5th.

Minecache you proved my point and said you agree with me 

I ALSO provided a handful of reasons that are plausible as to why this pattern would be happening.
But the point was.. there is a pattern going on.. NOT WHY.
So you are not arguing with me your are arguing with yourselves.. i don't care why ROFL

Most of you need to stop loitering around here like it's a public bathroom looking for twinks
..pullin' it bragging about being all smart & shit when you're dumber than a fucking sack of rocks.

And for the love of god Kidiots learn to read!

I have just posted that "Reading" is a problem here on a bunch of topics..
This place is full of nothing but mouthy Investards who want to spout of all smart like
but fail miserably at basic common reading skills. 

If you can't read then STFU.
Or.. prepare to be called an idiots and laughed at 

So let's recap for the ADD victim blow hard's..
YES Minecache what you said is what i have been saying for 2 years.. every month.
There for, you are agreeing with me but are too dumb to see it.

AND THE POINT is ?
"[FACT] End of month dumping.."
Not WHY.. i don't care why.

FURTHER MORE i guarantee i am right and we will be seeing BTC way higher than $520 by the 5th roughly
after that it will be rising back up towards mid-month all over again as usual.

I called it back when Bitcoin hit $50 for the first time..
And my predictions have ALREADY been proven correct every month for close to 3 years.

This thread is another example of Spoetnik explaining 2 us important facts of the crypto land in simple terms.

We highly appreciate this ongoing effort, Spoetnik

~CfA~

Somehow I don't think that your memes and charts will save BTC shills this time.

BTC price has crashed almost $200 so far. Is it hurting?

BTC started falling just after mid-month you Spoetniktard goon.

You all see BTC dumping now ?

Told ya.. predictable  

Prediction ?

It will be well on it's way back up on the 5th roughly.
Right now i seen BTC at BTCe for about $550 with mass dumping.

Don't get scared when this happens again guys..

There is downward pressure pushing now and until at least the 5th of next month.
So expect the price to bounce up & down a bit..

With more of a Bull run action later.

It's been teetering around $720 on BTCe for a while now.
So nipping at $700 heels for the next couple weeks is all i'd expect.

Now you have been informed

Spoetnik Style (don't settle for inferior imitations) 

I re-explained my theory lots before but let me try & recap

WHY i am not 100% sure for one thing..
But if i have to guess i'd say there is a lot of traders who NEED to dump BTC to pay bills etc
Such as giant mining farms who have big loans..
They are going to want to dump for the max possible money of course.
So years ago there was always a stampede of selling going on right at the end of the month
which was cause the price to crash down some..
I swear to god i have looked every single month since 2013 and never NOT seen this happen !
NOW ?
I think a year or so ago the dumpers noticed that too many people are all doing it too..
and they all bit by bit started to dump a little earlier then a little earlier the next month.
This caused the same behavior but the timing of it moved back earlier on the calendar monthly.
So the dumping starts happening mid-month now leading up until i'd say a good 5 days after the 1st of the month. (when Price recovers)

When enough bigger dumpers all start dumping it triggers the momentum of the price change.
Once some start doing it more join in..

There also seems to be a long time correlation between the timing of the monthly dumping
and the monthly dropping of Altcoin prices.. i think users (many of them) migrate back & forth between markets.

My theories anyway people

I hope that made sense..
i also think i could come up with more reasons for the dumping but i prob mentioned it on previous pages.

Interesting, doge is down too. Is it because it is approaching Friday, or is it because bitcoin futures contracts expiry dates are approaching?

17th and dumping for Altcoins is in full swing as i would have expected. (ETH for example)
Guys look at the charts for mid month for each month previously.
I have been saying this since 2013.. it's so predictable it's stupid.

No. You are "THE RESURRECTOR!"
 

This seems to still be going on the same i think..

A 2 week period where it transitions up then down..
and NO not EXACTLY on the last day of the month LOL
But it is to be pretty damn close to that when i first said this in 2013 lots of Cryptsy chat.
Now it seems to slide past the end of the month almost to mid month.. 15th 'ish

I am TheCryptoTruth™ giver & Predicterer™ !

If your not me you are doing it wrong®

... business as usual.

THX 4 your informations over the year.

Let´s hope 4 a good new one !

PK

i agree the dumping overlaps the monthly period a little into the start of the next month.

it's about momentum i think and a large variety of factors..

the balance is always being tipped one way or the other.
and it never takes much because people are waiting to give it a push.
one group wants to dump and the other wants to buy.
so the more it swings one way or the other the more pressure it gets from the group waiting to act.

i don't think the notion a pattern is in play is not crazy, i think it's normal.

Overall i think it's like a teeter totter you are either going up or down and it don't take much to get going the other way.
Some snotty rich asshole can get lippy and say well it's not people paying bills..
he can say that because he assumes everyone has no none.. but Bill's are a part of life.
More people have bills to pay in crypto than rich elite with disposal income they can afford to lose.
I have said this before over the years lots..
And guys laugh about bills.
But Bill's need to be paid whether you run the the biggest BTC mining operations on earth or you have 1 ASIC for BTC.
The big mining op's sometimes do interviews.. i read some from guys in Iceland to Washington state.
The have to get loans to build them.. BIG loans !
Their combined operating cost are staggering often.. from staff to loans to power etc.
And are those guys simply going to dump their coins on random pointless times ?

edit: spelling.

Nowaways it is less obvious for the end of month dumping. It is more likely a concidence that Bitcoin gets dumped at the end of the month. Remember Bitcoin at the end of Oct? The price keeps going until a few days into Nov this y ear.

Jeez right again Spoetnik ? WOW you are smart !

i always say between the 1st and 15th is when it goes up..
then from the 15th to the end of month it gets dumped more and more peaking at the end of the month period.

look at the the graphs, they don't lie

eyes.. open them.. https://bitcoinwisdom.com/markets/btce/btcusd