Flash crash? - page 2. | Bitcointalksearch.org

doublemore

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Quote from: kingcolex on November 05, 2015, 06:23:02 PM

Looks like a flash crash seems to be happening currently, my total guess it will stop about the 380 mark and rise back to 400$ by the end of the night and stabilize around there.

Flash crash in bitcoin land it 50% at least. Looks like we could be on another climb to retest the highs of $500 sometime this week.

Cereberus

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Quote from: GermanFoobla on November 08, 2015, 10:31:52 AM

It's weekend and to be honest I don't expect any action now.

Coming week could be important to see the new future for the price.

Will we bypass 400 usd again? Or will the 350 resistence be challenged or even broken..

You were exactly right, no action what so ever this weekend.
It is still the same this monday morning at $380ish.

zodiac3011

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Quote from: Zorrocoin on November 09, 2015, 10:22:53 AM

Quote from: zodiac3011 on November 06, 2015, 01:27:09 AM

I wouldn't consider this a crash because there are many info about bitcoin's price. China is buying BTC so the price went up so fast that people become fear that this will be the next bubble so they will try to sell back. Just need some time for bitcoin to be stable Grin

Or you can sell now and buy back tomorrow when the price stabilizes. The Chinese are likely to drive the price down soon.

I think that the price is quite stable right now Grin

fluctuating from 360~380. This must be the new bitcoin's price for a while in my opinion

Zorrocoin

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Quote from: zodiac3011 on November 06, 2015, 01:27:09 AM

I wouldn't consider this a crash because there are many info about bitcoin's price. China is buying BTC so the price went up so fast that people become fear that this will be the next bubble so they will try to sell back. Just need some time for bitcoin to be stable Grin

Or you can sell now and buy back tomorrow when the price stabilizes. The Chinese are likely to drive the price down soon.

zodiac3011

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Quote from: xmaxbit on November 09, 2015, 02:20:08 AM

Now its stuck in 360s . Sooner or later its price is going to go way beyond expectations.

we are at the beginning of a new week Grin

let's see where the price will go Grin

it is 380 right now... pretty stable I think

xmaxbit

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Now its stuck in 360s . Sooner or later its price is going to go way beyond expectations.

BitcoinBlackjack

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Expect volatility! Any time there is a big swing in prices (either down, or in this case, up), there are flash crashes, adjustments, corrections, and whatever else you want to call them

UfoRia

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Quote from: GermanFoobla on November 08, 2015, 10:31:52 AM

It's weekend and to be honest I don't expect any action now.

Coming week could be important to see the new future for the price.

Will we bypass 400 usd again? Or will the 350 resistence be challenged or even broken..

At 7:30 AM in Beijing my full node exploded. The 370-380 wall is being broken, but only when the large sells are filled and then it will creep back towards 372-375. I think this may be the wall for the next couple of days, unless there is some good/bad news.

Volumes don't seem unusually high, so hopefully this week we hit the resistance wall and then we can gauge which direction to go.

Ufo

GermanFoobla

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It's weekend and to be honest I don't expect any action now.

Coming week could be important to see the new future for the price.

Will we bypass 400 usd again? Or will the 350 resistence be challenged or even broken..

Cereberus

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Quote from: kingcolex on November 05, 2015, 06:23:02 PM

Looks like a flash crash seems to be happening currently, my total guess it will stop about the 380 mark and rise back to 400$ by the end of the night and stabilize around there.

Well you were correct on that mark. It is the end of the day here and it has stayed at that mark and holding there for the last 2 hours.
Now just have to wait until morning to see if your prediction of that rise will actually happen.

zimmah

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Quote from: 7788bitcoin on November 06, 2015, 02:25:44 AM

I think many people just follow the increase and thought it is going to the "moon". I guess we will soon go back to $230-250.

$350 is a very strong resistance, i dont think it will break any time soon

richardsNY

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Not really a flash crash. It's more a chain reaction of people selling hoping to not lose too much on their investment. Flash crash is very deep and very short. It mostly recovers very quickly afterwards.

Triple

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I wouldn't really call this a flash crash but extreme price fluctuation. It hasn't stabilized for the last 48 hours and I don't think it will for the next 48 either

xhomerx10

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...and some quick profits Wink

HarryKPeters

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Quote from: 1Referee on November 06, 2015, 06:44:42 AM

Quote from: HarryKPeters on November 06, 2015, 06:00:07 AM

It's not good for gaining trust. People want a stable currency, not a ping pong currency with so much volatility. Lose 40% of the value in less then a week is terrible and it prevents BTC gaining mainstream attention.

Too bad...

If the price is stable, people complain about the price that is not moving fast enough. If the volatility is quite heavy like it is now, people will complain that the price is not stable enough. People simply don't know what they want, so they keep complaining anyway.

What was wrong with BTC @ 230 USD.. nothing

BTC continuously moving up very fast or down is a sign of a immature currency which creates distrust and tention..

mixan

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Quote from: 7788bitcoin on November 06, 2015, 02:25:44 AM

I think many people just follow the increase and thought it is going to the "moon". I guess we will soon go back to $230-250.

This is what I think will happen in the next few weeks. That amount seems to be a stable price. It went up to much too fast for anybody to handle it.
Hopefully by the end of the year we will see a steady incline again but not so quickly this time around.

eternalgloom

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I think we'll see the prices fluctuate for at least a couple of days and hopefully they'll stabilize above $300.

crazyivan

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It seems to be recovering again. This volatility s gonna end when too many people hold BTC for one guy or a group of people to be able to affect the price.

zodiac3011

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Quote from: Amph on November 06, 2015, 03:37:18 AM

Quote from: zodiac3011 on November 06, 2015, 02:01:28 AM

Quote from: TastyChillySauce00 on November 06, 2015, 01:48:40 AM

and now the price going down -27$ just in 2 hours , what the hell happening ,its just fucked my strategy

Don't tell me you have just bought some bitcoins @@ this is not a good time to get some

when is the good time if not near the bottom which is 230? no sign of fall below 200

this is the best time to get some, not the opposite, or you're waiting again when we reach 1k

I don't know... I am just thinking that the price is not stable yet and this may be a big bubble so we must consider it carefully

1Referee

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Quote from: HarryKPeters on November 06, 2015, 06:00:07 AM

It's not good for gaining trust. People want a stable currency, not a ping pong currency with so much volatility. Lose 40% of the value in less then a week is terrible and it prevents BTC gaining mainstream attention.

Too bad...

If the price is stable, people complain about the price that is not moving fast enough. If the volatility is quite heavy like it is now, people will complain that the price is not stable enough. People simply don't know what they want, so they keep complaining anyway.

Topic: Flash crash? - page 2. (Read 3088 times)