Author

Topic: Flash crash? (Read 3088 times)

legendary
Activity: 1134
Merit: 1000
November 11, 2015, 05:01:32 AM
#52
The price is still over $300. That is higher than a month ago. The price dropped from $500 to $350. It took several days. There is no flash crash.

i believe they were aiming at 300 since the beginning, but they pumped more to get some fish in and suck their little badget

if we hold the 300 at least it should increase again in the future to 500

300 is a psychologically important level. If the price stay around $300 for a few months, then the push to $500 or even higher is possible.

If the price will remain at 300 us dollar I think that it is not a big achievement. It is only to have the possibility to tell that the last increase was not like the normal ones did by bitcoin during all its story. But a little better. But just a little is not something important. The beginning price before the increase reached that amount two or three times so it is not a big thing if it will be stabilized there. It would been another thing if would be remained around the 380 us dollar as it was for 4-5 days. In that case we were able to tell that bitcoin has made a step ahead; as a currency and as a hope for the big future wondered by all of us.
newbie
Activity: 11
Merit: 0
November 11, 2015, 03:51:54 AM
#51
The price is still over $300. That is higher than a month ago. The price dropped from $500 to $350. It took several days. There is no flash crash.

i believe they were aiming at 300 since the beginning, but they pumped more to get some fish in and suck their little badget

if we hold the 300 at least it should increase again in the future to 500

300 is a psychologically important level. If the price stay around $300 for a few months, then the push to $500 or even higher is possible.
legendary
Activity: 3248
Merit: 1070
November 11, 2015, 03:48:17 AM
#50
The price is still over $300. That is higher than a month ago. The price dropped from $500 to $350. It took several days. There is no flash crash.

i believe they were aiming at 300 since the beginning, but they pumped more to get some fish in and suck their little badget

if we hold the 300 at least it should increase again in the future to 500
legendary
Activity: 994
Merit: 1000
November 11, 2015, 03:34:17 AM
#49
The price is still over $300. That is higher than a month ago. The price dropped from $500 to $350. It took several days. There is no flash crash.

You can see yesterday trend it was dropped from 380 to 340 and today not even a single increasing trend makes it to go 310 by this time. This is actually a flash crash, i think it will only stopped at 200 mark.
newbie
Activity: 11
Merit: 0
November 10, 2015, 11:41:17 AM
#48
The price is still over $300. That is higher than a month ago. The price dropped from $500 to $350. It took several days. There is no flash crash.
hero member
Activity: 770
Merit: 500
November 10, 2015, 08:49:33 AM
#47
yes you are right it has been on 380 the past few day
but really it is not flash crash as we are still up from 250 Smiley
Yes I think that is no longer considered a flash crash because the market is quite stable now and we will be unlikely to see many changes in bitcoin's price this week in my opinion
newbie
Activity: 47
Merit: 0
November 10, 2015, 02:51:14 AM
#46
yes you are right it has been on 380 the past few day
but really it is not flash crash as we are still up from 250 Smiley
legendary
Activity: 1106
Merit: 1005
November 10, 2015, 02:24:56 AM
#45
It's holding but not reaching the $400 barrier. if it does not go past the $400 it will probably go down and stay a bit above $300. But I'm confident that next year we will see some real rise.
Yes, I have the same thoughts as you. It will and must get up since bitcoin is getting more famous everyday.
I hope there will be a time when everyone knows about btc.

There is strong resistance at 350. And 350 is a nice rate to end the year.

The market seems a bit indecisive. We haven't broke our support at $350 which indicates we aren't bearish, but we are not really Movi h up either.

It is pretty unusual for Bitcoin to stay stable after a long bear market and a following surge in price.     

Since we don't have any reason to be bearish though, I do expect the bull market to soon resume full throttle. Not sure what we are waiting for though.
hero member
Activity: 896
Merit: 1000
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November 09, 2015, 07:03:06 PM
#44
It's holding but not reaching the $400 barrier. if it does not go past the $400 it will probably go down and stay a bit above $300. But I'm confident that next year we will see some real rise.
Yes, I have the same thoughts as you. It will and must get up since bitcoin is getting more famous everyday.
I hope there will be a time when everyone knows about btc.

There is strong resistance at 350. And 350 is a nice rate to end the year.
member
Activity: 84
Merit: 10
November 09, 2015, 06:43:36 PM
#43
It's holding but not reaching the $400 barrier. if it does not go past the $400 it will probably go down and stay a bit above $300. But I'm confident that next year we will see some real rise.
Yes, I have the same thoughts as you. It will and must get up since bitcoin is getting more famous everyday.
I hope there will be a time when everyone knows about btc.
yeah. because of the price increase and drop, there's a lot more awareness about bitcoin and we basically get free publicity for more members
hero member
Activity: 675
Merit: 513
:)
November 09, 2015, 06:03:59 PM
#42
It's holding but not reaching the $400 barrier. if it does not go past the $400 it will probably go down and stay a bit above $300. But I'm confident that next year we will see some real rise.
Yes, I have the same thoughts as you. It will and must get up since bitcoin is getting more famous everyday.
I hope there will be a time when everyone knows about btc.
legendary
Activity: 1596
Merit: 1027
November 09, 2015, 06:02:10 PM
#41
It's holding but not reaching the $400 barrier. if it does not go past the $400 it will probably go down and stay a bit above $300. But I'm confident that next year we will see some real rise.
newbie
Activity: 11
Merit: 0
November 09, 2015, 04:51:03 PM
#40
The volatility is really big issue. It makes very difficult for businesses to start using Bitcoin. The exchanges and merchant service providers impose limits on merchant accounts, and the merchant accounts unable to cash out their Bitcoins in a larger quantity. Until this problem is not solved most businesses will stay away from Bitcoin.

it's funny because the only thing that can fix volatility is more merchant joining the party and accepting bitcoin, but they are not joining because of the volatility...

Just patient. As time goes on, there will be more people knowing about bitcoin and they will buy bitcoin so that price will rise. The price rise will attract more people and increase bitcoin acceptance by merchants.
legendary
Activity: 3248
Merit: 1070
November 09, 2015, 03:23:45 PM
#39
The volatility is really big issue. It makes very difficult for businesses to start using Bitcoin. The exchanges and merchant service providers impose limits on merchant accounts, and the merchant accounts unable to cash out their Bitcoins in a larger quantity. Until this problem is not solved most businesses will stay away from Bitcoin.

it's funny because the only thing that can fix volatility is more merchants joining the party and accepting bitcoin, but they are not joining because of the volatility...
member
Activity: 66
Merit: 10
November 09, 2015, 03:11:29 PM
#38
The volatility is really big issue. It makes very difficult for businesses to start using Bitcoin. The exchanges and merchant service providers impose limits on merchant accounts, and the merchant accounts unable to cash out their Bitcoins in a larger quantity. Until this problem is not solved most businesses will stay away from Bitcoin.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 09, 2015, 02:31:57 PM
#37
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.

If someone doesn't get nervous enough to dump huge amount and start a panic dump. I hope this won't happen though. People have bad enough taste of this 2 year drought and I am just afraid they are not a but trigger nervous!
legendary
Activity: 1610
Merit: 1183
November 09, 2015, 12:50:49 PM
#36
OP nailed the 380 number, this seems like the new floor, it just keeps fluctuating 10 dollars up and down around there. Either someone wants to keep it on there, or it has found a naturally new stable price. As predicted, we are making progress (coming from the last floor which was around a 250 dollar average)
hero member
Activity: 714
Merit: 500
November 09, 2015, 11:29:00 AM
#35
It would be profitable for day traders to sell now and buy after the flash crash.
The flash crash won't last for long so traders need to be quick.
True. I would suggest sell now and buy tomorrow when the price is low.. As it is bound to be up again in a few days. Not a flash 'crash' as such but more of a 'correction'. Why not take full advantage of it.
member
Activity: 72
Merit: 10
November 09, 2015, 11:14:39 AM
#34
Don't think it will go lower than $300

I think it'll stay at around 300, hopefully it will go higher

I'll be content if it stays around 300 but here's to hoping
legendary
Activity: 3248
Merit: 1070
November 09, 2015, 11:11:47 AM
#33
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

more like a correction, because we wen too far away with the last pump, and too damn fast, it was expected, because going beyond 500 would mean reaching the ath
hero member
Activity: 546
Merit: 500
November 09, 2015, 10:56:23 AM
#32
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.
legendary
Activity: 910
Merit: 1000
November 09, 2015, 10:45:55 AM
#31
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.
hero member
Activity: 770
Merit: 500
November 09, 2015, 10:25:38 AM
#30
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
sr. member
Activity: 336
Merit: 250
November 09, 2015, 10:22:53 AM
#29
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.
hero member
Activity: 770
Merit: 500
November 09, 2015, 10:06:34 AM
#28
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
full member
Activity: 196
Merit: 100
November 09, 2015, 02:20:08 AM
#27
Now its stuck in 360s . Sooner or later its price is going to go way beyond expectations.
full member
Activity: 182
Merit: 250
November 09, 2015, 12:17:29 AM
#26
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 Smiley
full member
Activity: 182
Merit: 100
November 08, 2015, 08:28:24 PM
#25
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
sr. member
Activity: 322
Merit: 250
November 08, 2015, 10:31:52 AM
#24
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..
legendary
Activity: 910
Merit: 1000
November 07, 2015, 01:02:10 AM
#23
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.
legendary
Activity: 1106
Merit: 1005
November 06, 2015, 08:48:04 PM
#22
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
legendary
Activity: 1232
Merit: 1091
November 06, 2015, 04:22:04 PM
#21
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.
hero member
Activity: 847
Merit: 500
November 06, 2015, 03:13:30 PM
#20
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
legendary
Activity: 3808
Merit: 7912
November 06, 2015, 03:05:53 PM
#19
...and some quick profits Wink
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
November 06, 2015, 03:00:40 PM
#18
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..
legendary
Activity: 966
Merit: 1000
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November 06, 2015, 02:25:43 PM
#17
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.
legendary
Activity: 1792
Merit: 1283
November 06, 2015, 02:03:48 PM
#16
I think we'll see the prices fluctuate for at least a couple of days and hopefully they'll stabilize above $300.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
November 06, 2015, 02:02:06 PM
#15
It seems to be recovering again. This volatility s gonna end when too many people hold BTC for one guy or a group of people to be able to affect the price.
hero member
Activity: 770
Merit: 500
November 06, 2015, 11:03:23 AM
#14
and now the price going down -27$ 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
legendary
Activity: 2170
Merit: 1427
November 06, 2015, 06:44:42 AM
#13
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.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
November 06, 2015, 06:00:07 AM
#12
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...
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 06, 2015, 05:53:56 AM
#11
This just proves how unpredictable bitcoin can be

Sometimes you win some and you lose some

It went up a little bit just now, it's at 364 as I'm posting this

My guess is that many people have just taken the profits when they saw that it won't continue climbing after $500 and they saw that it dropped to $400. Also, many people that have bought above $550 - 600 in the last bubble have sold to cut their losses when they saw that the climb won't continue after $500 and that we initiated the descend.
hero member
Activity: 770
Merit: 500
Forza Roma
November 06, 2015, 05:12:22 AM
#10
This just proves how unpredictable bitcoin can be

Sometimes you win some and you lose some

It went up a little bit just now, it's at 364 as I'm posting this
legendary
Activity: 1652
Merit: 1007
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November 06, 2015, 03:38:38 AM
#9
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.

In this moment it is about 360. So in continue decrease. I think it will not have power to stay in the levels in which it was these days. Lets hope that will remain at the beginning level. It is so strange see this kind of thing to have such kind of behaviour. Seems like a game in the hands of an capricious child which made with bitcoin what he want and according to him's humour. One day more than 500 us dollar. Two days after about 300 us dollar. When it will be sustainable this currency?

This.

I got used to BTC being volatile but $200 price difference in 2 days is really too much. I hope this ends soon cause I dont want crypto to be the home of speculators. We ll never get wide scale adoption with that.
legendary
Activity: 3248
Merit: 1070
November 06, 2015, 03:37:18 AM
#8
and now the price going down -27$ 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
legendary
Activity: 1134
Merit: 1000
November 06, 2015, 02:49:29 AM
#7
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.

In this moment it is about 360. So in continue decrease. I think it will not have power to stay in the levels in which it was these days. Lets hope that will remain at the beginning level. It is so strange see this kind of thing to have such kind of behaviour. Seems like a game in the hands of an capricious child which made with bitcoin what he want and according to him's humour. One day more than 500 us dollar. Two days after about 300 us dollar. When it will be sustainable this currency?
legendary
Activity: 2282
Merit: 1023
November 06, 2015, 02:25:44 AM
#6
I think many people just follow the increase and thought it is going to the "moon". I guess we will soon go back to $230-250.
hero member
Activity: 770
Merit: 500
November 06, 2015, 02:01:28 AM
#5
and now the price going down -27$ 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
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
November 06, 2015, 01:48:40 AM
#5
and now the price going down -27$ just in 2 hours , what the hell happening ,its just fucked my strategy
hero member
Activity: 770
Merit: 500
November 06, 2015, 01:27:09 AM
#4
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
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
November 05, 2015, 07:31:11 PM
#3
The market is testing a new resistence level. Perhaps tomorrow they find it and from there it can go up... or down..
hero member
Activity: 616
Merit: 500
November 05, 2015, 07:16:50 PM
#2
It would be profitable for day traders to sell now and buy after the flash crash.
The flash crash won't last for long so traders need to be quick.
sr. member
Activity: 254
Merit: 1258
November 05, 2015, 06:23:02 PM
#1
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.
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