HUGE Drop coming! - page 2. | Bitcointalksearch.org

BitcoinBarrel

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Quote from: Lituation on January 06, 2017, 07:23:37 AM

Quote from: BitcoinBarrel on January 05, 2017, 09:12:40 PM

Quote from: JimboToronto on January 05, 2017, 08:57:57 PM

Bear trap closing. Buying opportunity closing rapidly too. Already too late for triple digits.

+1 If it touched 900 I was going to buy more. Obvious Bear Trap was Obvious.

Still obvious bear trap? still obvious Roll Eyes

It is very obvious. It could last a month, who knows. But eventually the price is going to skyrocket, and I don't want to get caught holding the bag when it does. I don't try to play the markets, I just buy when it gets low. Like now, will buy more cheap btc.

kryptqnick

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The photos are nice but hey, how can you know that& Halving is not even this year, the price is now quite nice, although it's not $1k anymore. According to statistics of the year 2014 when we had such a situation you are right, of course. In a week the price would be around $750. Maybe that's true. We all hope this time it is different despite the fact the price dropped already.

JakaE

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OP should delete the first post and be hailed as a prophet Grin

Lituation

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Quote from: BitcoinBarrel on January 05, 2017, 09:12:40 PM

Quote from: JimboToronto on January 05, 2017, 08:57:57 PM

Bear trap closing. Buying opportunity closing rapidly too. Already too late for triple digits.

+1 If it touched 900 I was going to buy more. Obvious Bear Trap was Obvious.

Still obvious bear trap? still obvious Roll Eyes

LLec

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It has dropped all the way back to $876 again and it seems we have not made any progress from what we have lost. I think it is the hacks that have happened on some big exchanges including btc-e and I think coinbase had some sort of thing happen there all at once is the cause of all this now.
The other exchanges are just not able to keep up with this and are still showing $975 for selling. Undecided

BitHodler

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Quote from: Sithara007 on January 06, 2017, 06:35:29 AM

Has this drop got any connections with the DDoS attack on BTC-e, which occurred a few hours ago? I wouldn't be surprised if it has. BTC-e is one of the biggest exchanges, in terms of BTC volume.

BTW.... this may be the last opportunity to purchase BTC at three digits. Hurry!!!!

Nah, can't see a simple DDoS attack have that much impact on the price. Mainly because of the fact that it isn't the first time that this exchange is subject to DDoS attacks.

I think what's driving the price down is the fact that it was just a pump by the big boys in control of the Chinese exchanges.

If that's really the case, then as quick as they can lift the price to a high point, that quick can they reverse it as well. These select group of traders rule this market with iron fist.

Makatoshi

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Quote from: Sithara007 on January 06, 2017, 06:35:29 AM

Has this drop got any connections with the DDoS attack on BTC-e, which occurred a few hours ago? I wouldn't be surprised if it has. BTC-e is one of the biggest exchanges, in terms of BTC volume.

BTW.... this may be the last opportunity to purchase BTC at three digits. Hurry!!!!

There could be a connnection. The price dropped again.

Sithara007

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Has this drop got any connections with the DDoS attack on BTC-e, which occurred a few hours ago? I wouldn't be surprised if it has. BTC-e is one of the biggest exchanges, in terms of BTC volume.

BTW.... this may be the last opportunity to purchase BTC at three digits. Hurry!!!!

1Referee

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Quote from: kwukduck on January 06, 2017, 05:15:04 AM

Looks like it was a bull trap eh? Here we go again!

Bull trap or not, it was a fantastic opportunity to cash out coins bought well below the $400 levels. I don't think the price will go much lower than $700 at worst, but I am ready to do some buying back if it does happen to become reality. Other than that, it was a well expected dump since a serious correction was imminent for quite some time. It only took longer than expected, with as result that smart people were given the opportunity to cash out at even higher levels.

KennyR

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Huge drop in price is over, by the weeks to come the price might fluctuate but such a steep decrease similar to that falling from $1166 to value around $900 in a very short span of about two hours time won't happen again. We can expect a sustained growth.

kwukduck

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Looks like it was a bull trap eh? Here we go again!

traderethereum

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Quote from: Darwintas on January 05, 2017, 10:59:16 PM

Hard to say but this is true, there can come a huge drop, I do not hope on it but there is a chance that this will happen.

if there is a huge drop in the market then i am sure there will be a huge increase for the price and we need to be patience before the price is up. i think its normal because the market is depend on the transaction that peoples do and i am sure the situation will be back and we can reach the higher price than befoe.

Rooster101

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Quote from: Antesth on January 05, 2017, 08:33:33 PM

I do not think that it will be a huge drop but maybe a drop from around the 200 dollar at its max but not lower than that!

Maybe just a temporary drop but not huge to get rid of the selling pressure and then climb back again. Some profit-taking took place and sort of so called panic selling according to some reports but the bitcoin managed to recover.

Shinpako09

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Its expected and its normal as well. If theres a huge pump happened then theres a crush coming. Thats how the price movements work everytime there is rise.

Darwintas

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Hard to say but this is true, there can come a huge drop, I do not hope on it but there is a chance that this will happen.

ArdiPrabowo

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bitcoin price yesterday is big crash
and big down price, in china exhanger bitcoin price down until 20-30%
i don't why bitcoin price is crash and down, nothing big news but very big down price
what is corelation dollar value , yesteday dollar is down price too

BitcoinBarrel

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Fill Your Barrel with Bitcoins!

Quote from: JimboToronto on January 05, 2017, 08:57:57 PM

Bear trap closing. Buying opportunity closing rapidly too. Already too late for triple digits.

+1 If it touched 900 I was going to buy more. Obvious Bear Trap was Obvious.

unknown04

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Is the crash over ? It seems like a fast crash. Usually it takes few days before shooting up again. I guess bitcoin couldn't wait to go to the moon.... next few months might be interesting.

JimboToronto

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Bear trap closing. Buying opportunity closing rapidly too. Already too late for triple digits.

Antesth

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I do not think that it will be a huge drop but maybe a drop from around the 200 dollar at its max but not lower than that!

Topic: HUGE Drop coming! - page 2. (Read 5674 times)