Topic: Final capitulation crash incoming, drop your bags & hope now! - page 2. (Read 12924 times)

Many people have all their BTC locked up in alts, so to participate in an IPO they sell their coins to get BTC. Thus creating downward pressure.

+1

This was not a crash, just a little drop due to normal consolidation.

Whether the initial idiot poster, or any of the other crystal-ball gazers are right or not in bitcoin "crashing" or not, is completely irrelevant

We arent here to see whose crystal ball (guesses) just happen to be right or not.  Someone will be right no matter which direction or amount is guessed, and them crowing about being right is about as awesome as predicting a coin toss. Woo, look, I guess 3 out of 4 times, arent I fantastic ?  

unless you have a personal friend with millions of dollars, who is dumb enough to share their plans with you in advance, just for you to go and blab it all over a forum, then the real movers of the market are so far outside your knowledge, that you're really just talking complete BS no matter how many T/A charts youve ginned up in your magical little home PC that knows everything (that you told it) about the worlds markets

*Anybody who repeatedly posts completely unsubstantiated waffle about movements in either direction without any evidence, rationale or even hypothetical tenuous reasoning  is an idiot just flapping their gums in the breeze, and our pathetic FUD spreader is getting roasted because he just continuously posts completed unsupported meaningless alarmist waffle

(btw, if a <10% swing is a "crash", what will they call a 50 or 100% movement ?)

I think Octavius and Fallllllling are the same person hahaha

Retard posts half a chart, where he circles a totally random spot, convienently leaving out the large rally that happened after the crash he claims were on the brink of, and I'm the monkey who wants the moon, despite never having said anything about going to the moon, ever. You yourself said history repeats itself retard. so you're implying bitcoin which, historically speaking, has rallied in the same double exponential manner SIX.TIMES. Is actually going to repeat history in a new way by crashing to nothing? Again. Never go full retard. I mean think about it, forest gump? Slow sure, braces on his legs, but no body retarded beats people in ping pong like that! Now look at sean penn I am Sam 2001, went full retard. Went home empty handed. /scene

You guys really believe we're at that final capitulation now? What if another big drop is incoming? Do you think that may happen, guys? I'm really unsure about what to do now... This is nerve-wrecking!

There are some people claiming it's because of those IPOs, but wouldn't that just dry out the supply? It would only crash the market if those coins got sold by the people behind those IPOs, and the Ethereum coins haven't moved so far, have they?

you just went full retard. you never go full retard, everyone knows that.

thats what you said last week, and yet we never got to 550. still haven't.

History repeats itself endlessly...

Maybe, but people apparently rather buy now and have their coins locked for months.

I think ethereum coins are getting sold in the market, this is what people should think before buying into greedy ipos, they should think that they will crash their own coins because those owners will sell their coins asap.

That is partly due to 3 big IPOs running atm. Ethereum, StorJ and Syscoin.

Alts are flat out getting pummeled.  Of course, there isn't any kind of agreed-upon index, but based on some concepts I've been messing around with, if you subtract out BTC and LTC, the rest of the alt market is down 20-30% over the last week.

Right now, TOTAL crypto market cap is 7.905 billion.  BTC and LTC make up more than $7.6 billion. EVERYTHING else combined...hundreds of alts, don't combine to make $300mm in cap.

Well it does seem like there's finally some action. Unfortunately the price is going the wrong way and I don't see any news about why. Alt coin holders are saying their coins are dropping more though.

Stop feed the troll and he will go away. Don't spread FUD without a sound argument.

If you don't mind me asking. What made you sell at >1000$ in the first place if you don't care for shortterm prices?