Holy Dump !! | Bitcointalksearch.org

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: FractalUniverse on June 12, 2017, 02:45:40 PM

Total market cap still didn't drop as much (in % term) as in the May. So this is either just small correction of the uptrend, or (i think more likely) it will get deeper down in following days/weeks. Not easy to tell now.

Only 5 days latter, but totally different picture. It is clearly seen the uptrend. Soon 20b declines will be a small daily matter.

2bfree

sr. member

Activity: 686

Merit: 251

I'm investigating Crypto Projects

I caught a few buttonms on alts now looking at going up! Hopefully I'm not wrong and wake up tomorw loosing more money, lets see!

andreibi

legendary

Activity: 1647

Merit: 1012

Practising Hebrew before visiting Israel

Quote from: Beeskee on June 15, 2017, 02:59:04 PM

The big drop in BTC happened right when it hit $3000, so my guess is that some big investors sold off at that price and triggered some mass selling - both folks panicking and folks looking to sell high and re-buy it at the lower price.

Possibly a very big whale started the crash and then when it was going to be stable, the Jihan fud came.

Beeskee

member

Activity: 90

Merit: 10

The big drop in BTC happened right when it hit $3000, so my guess is that some big investors sold off at that price and triggered some mass selling - both folks panicking and folks looking to sell high and re-buy it at the lower price.

ClaraLuV

full member

Activity: 236

Merit: 100

Presale is live!

Quote from: FractalUniverse on June 15, 2017, 12:11:20 PM

I used this opportunity to buy small amount of bitcoin. 30% discount from the price 5 days ago was irresistable, if it drops below 2000 i will buy more. im scanning charts of some altcoins for opportunity as well. remember, dumps are golden profit opportunities if played right (not so easy game though)

There are many opportunities to enter when the market is correcting itself and i think there are other safer options to invest your money at this moment and i am scanning for markets where the risk level is low.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: FractalUniverse on June 15, 2017, 12:11:20 PM

I used this opportunity to buy small amount of bitcoin. 30% discount from the price 5 days ago was irresistable, if it drops below 2000 i will buy more. im scanning charts of some altcoins for opportunity as well. remember, dumps are golden profit opportunities if played right (not so easy game though)

Yeah crash is a perfect opportunity to buy back bitcoin or any other alt coins for that matter. Its hard to resist the opportunity that is being presented so I might as well jump in and buy a little portion of bitcoin and hold on it till profit is achieved. We have seen other members here talking about the price is so high for buying. And now is the time to buy again.

ma_da_o

full member

Activity: 149

Merit: 100

As long as it doesn't drop to a new low, I believe it will rise again in the short run. Lets hope it doesn't!

Kenny001

sr. member

Activity: 329

Merit: 250

Aint gonna be lower that now we are reaching 95b marketcap. Buy point for me.

FractalUniverse

hero member

Activity: 1034

Merit: 558

I used this opportunity to buy small amount of bitcoin. 30% discount from the price 5 days ago was irresistable, if it drops below 2000 i will buy more. im scanning charts of some altcoins for opportunity as well. remember, dumps are golden profit opportunities if played right (not so easy game though)

Gyro

full member

Activity: 177

Merit: 100

Quote from: thompshma on June 12, 2017, 01:44:06 PM

Its a good time to put more into promising projects.

No not yet. Let them fall back down to earth first.

vsyc

sr. member

Activity: 1037

Merit: 253

http://www.coindesk.com/traders-plan-correction-cryptocurrency-market-tops-100-billion/

For those who think that all these traders care about your ATH and believes Cheesy

LOL Rupsys has you all ROFL

krypt0n1

full member

Activity: 238

Merit: 100

🔵 Brickblock.io - Future of Stock Trading

Quote from: CuriousGeorge on June 15, 2017, 10:09:51 AM

Quote from: krypt0n1 on June 12, 2017, 03:38:24 PM

Same freakout cycles every time there is more profit taking/dumps. This correction was warranted after such quick gains and is actually a good thing.
Just like at the end of May, I'm not doing anything with my portfolio.

Are you not gonna to sell some of your portfolio to get the decent profit in the future, I may think if you can sell some of your portfolio and you will able to make good money with it. It seems you're missed the rain.

I take out a certain amount of profits every month or two but i'm not selling more because of this. I am putting more in at these levels though, at conservative amounts.

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

Quote from: krypt0n1 on June 12, 2017, 03:38:24 PM

Same freakout cycles every time there is more profit taking/dumps. This correction was warranted after such quick gains and is actually a good thing.
Just like at the end of May, I'm not doing anything with my portfolio.

Are you not gonna to sell some of your portfolio to get the decent profit in the future, I may think if you can sell some of your portfolio and you will able to make good money with it. It seems you're missed the rain.

NaXxow

legendary

Activity: 1085

Merit: 1000

ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM

I am not sure if IOTA is receiving price correction or heavy dump. Having a top 8 spot at coinmarket cap, it has more than 40% decrease. I cant decide if I should enter the market.

aaronch71

newbie

Activity: 8

Merit: 0

Imagine how I feel, having entered the market on June 4th...I'll be soothing myself with sage advice in the form of Warren Buffet quotes before I go to sleep. If I were younger, I would have panicked and bailed. I'm going to ride it out because the one piece of advice I did follow was to only invest what you can afford to lose. This too shall pass.

starmman

legendary

Activity: 1484

Merit: 1029

Its nice to see a healthy bit of price correction - markets had grown way too quickly - I'm sure the'll be back up to this level again soon...

vsyc

sr. member

Activity: 1037

Merit: 253

BTC in "decentrilized" world looses its value, so rest as-well loose value in fiat only.

If you trade Fiat <-> Coin than this is your time!
If you trade BTC <-> Coin nothing really happened, typical day

All these "crush, dump" shouting morons really believe that they impact market on shitty bitcointalk Cheesy

LOL

bearex

hero member

Activity: 560

Merit: 501

I also think, this was just a small panic and a "return to mean value". People, mostly new traders, tend to panic more, resulting in dips like this. When they see everything go red, they also sell their coins, just in case. Looking on the prices, i think the dump has stopped right about now, and things are starting to slowly climb back up / hold their place.

kim-yon

sr. member

Activity: 546

Merit: 251

today, drops tomorrow . A newer-to-market movement is very rapid. Movements will slowly improve.

dissident

sr. member

Activity: 280

Merit: 250

Yes... Keep holding while the whales keep dumping lol.

Topic: Holy Dump !! (Read 3418 times)