New down trend. $1000 definitively broken.

delliaerd

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Quote from: 2legit2 on February 25, 2017, 03:34:07 PM

Quote from: hector3115 on February 25, 2017, 11:40:55 AM

Quote from: kwukduck on February 25, 2017, 11:27:13 AM

It seems i was right after all.
An insane amount of shorts are being filled right now. Smaet people making massive profits. We can expect this to continue for a while.

Bitcoin just reached an ALL TIME HIGH proving that you have been wrong time and time again. You need to capitulate and go long before you let this once in a lifetime opportunity pass you by!!

well bitcoin price always goes down or up from time to time thus he is sometimes right sometimes not, right now there does not seem to be too big of a down trend and bitcoin is still strong over 11 hundred dollars per bitcoin, i think it will keep up like that for quite a while but it is definitely not a fact that it will never drop under 1 thousand dollars once again. Traders can make some good profit right now out of those fluctuations.

Now bitcoin on level $1150 whereas some hours ago it about $1170, so in my point of view there will some little correction with bitcoin price. Maybe it will touch less than $1100 .
A professional trader take profit from fluctuations of bitcoin's price which i can said that it has active fluctuations enough.

2legit2

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Quote from: hector3115 on February 25, 2017, 11:40:55 AM

Quote from: kwukduck on February 25, 2017, 11:27:13 AM

It seems i was right after all.
An insane amount of shorts are being filled right now. Smaet people making massive profits. We can expect this to continue for a while.

Bitcoin just reached an ALL TIME HIGH proving that you have been wrong time and time again. You need to capitulate and go long before you let this once in a lifetime opportunity pass you by!!

well bitcoin price always goes down or up from time to time thus he is sometimes right sometimes not, right now there does not seem to be too big of a down trend and bitcoin is still strong over 11 hundred dollars per bitcoin, i think it will keep up like that for quite a while but it is definitely not a fact that it will never drop under 1 thousand dollars once again. Traders can make some good profit right now out of those fluctuations.

uki

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cryptojunk bag holder

Quote from: kwukduck on February 13, 2017, 07:07:46 AM

Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.

With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.

Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?

I guess, your ratio as a counter indicator must be excellent, nailing at least 90% of calls. Which I find very positive, I mean no offence.
I will have to consider to add you to my list of technical indicators.

Kotone

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The bitcoin price increase that fast but it decrease fast too those holders of bitcoin can make profit if they are holding atleast 100 bitcoin on their wallet and then exchanging or selling them into exchange website to withdraw and waiting for the price to decrease then buy and pump the bitcoin again making profit from buy and sell is the best thing.

hector3115

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Quote from: kwukduck on February 25, 2017, 11:27:13 AM

It seems i was right after all.
An insane amount of shorts are being filled right now. Smaet people making massive profits. We can expect this to continue for a while.

Bitcoin just reached an ALL TIME HIGH proving that you have been wrong time and time again. You need to capitulate and go long before you let this once in a lifetime opportunity pass you by!!

kwukduck

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It seems i was right after all.
An insane amount of shorts are being filled right now. Smaet people making massive profits. We can expect this to continue for a while.

Labumi

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Quote from: mtwelve on February 14, 2017, 10:52:07 AM

While we are back to above $1000, shorts are reaching record highs on Bitfinex, which certainly doesn't instill confidence. I don't think anything will come out of it unless some sort of catalyst triggers a movement.

It's something that is very beneficial for those who are already saving bitcoin when price under $300. Because before it does bitcoin price decline, so for those who are already convinced on bitcoin, would benefit greatly. But it also depends on our beliefs, trigger the movement of the bitcoin is dependent on demand and sales of bitcoin. For now this request I will sure bitcoin has increased now that the price of bitocin shows favorable price and everyone is definitely interested in getting that opportunity

manselr

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Quote from: mikenz on February 24, 2017, 04:41:55 AM

13. Feb

Quote

Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.

With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.

Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?

You heard it guys, 1000 $ permanently broken... UPWARDS

sorry I just had to bring this sh*t up again Grin

It's good to remind noobs how much of a jackass kwuduck is. All the unfounded FUD, all the time... it's just insane. We see it as comedy but noobs may take it seriously and dump thinking he is right. He hasn't logged in since Feb 19th lol. Im sure he will come back when there is a correction announcing how bitcoin is crashing again.

mikenz

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13. Feb

Quote

Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.

With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.

Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?

You heard it guys, 1000 $ permanently broken... UPWARDS

sorry I just had to bring this sh*t up again Grin

thejaytiesto

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Kwuduck is such a fucking clown. Always gets everything wrong, and when he gets it right is because statistically it's impossible that you keep getting it wrong. Now in advance he says that "eventually the price will go down". Fucking really? This guy is a walking joke, can't stand his FUDtroll threads. He should be permabanned but then again we need people like this to expose themselves as permaFUDsters.

cellard

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Quote from: kwukduck on February 14, 2017, 11:07:11 AM

My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.

Yes, kwukduck, the bitcoin price might eventually go down. Do you want a medal for that? everyone knows that, but you forget to say the useful thing: when.
But since nobody can tell that, what we already know is you fucked up (once again) in your FUD prediction and whoever had shorts set waiting for that deep sub $1000 dip is already losing money like an idiot.

splitups

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That has been wrong by time, it's already above $1000 again. IMO it's impossible to say bitcoin price is falling or rising, it's just about actual people's opinion and demand, Making "confirmed" predictions is just a waste of time.

Also the market size has grown so much from before, that trying to take down the currency by posting in forums etc... doesn't work anymore, you would need a highly expensive media campaign to reach a large enough number of bitcoin'ers, let alone convince them to buy or sell.

mtwelve

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Quote from: HanSchultz on February 15, 2017, 11:14:45 AM

Quote from: kwukduck on February 14, 2017, 11:07:11 AM

My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.

The Japanese government is planning to implement rules and regulations for bitcoin and if the news comes out negative then the price might drop as people are avoiding the Chinese exchanges because of the regulation and rumors from the Chinese market.The manipulation may be bigger but you must expect that because of the investments they made in bitcoin by Asian countries.

While they are making regulations, its going to be good in the long term. Like just a couple days ago a couple of big banks invested into bitFlyer, the biggest Japanese exchange. So honestly, Bitcoin will suffer the growing pains temporarily, but it'll end up stronger in the long term.

maker88

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Quote from: kwukduck on February 14, 2017, 11:07:11 AM

My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.

Your prediction is always wrong. Nothing new here.

HanSchultz

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Quote from: kwukduck on February 14, 2017, 11:07:11 AM

My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.

The Japanese government is planning to implement rules and regulations for bitcoin and if the news comes out negative then the price might drop as people are avoiding the Chinese exchanges because of the regulation and rumors from the Chinese market.The manipulation may be bigger but you must expect that because of the investments they made in bitcoin by Asian countries.

mundang

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China has a big influence or part on the price of bitcoin by now. We can say that china can manipulate the price on thier will.
I hope they will drive the price to 2000$ before deciding to go down.

btc-facebook

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At least bitcoin still stay on $ 1000 range , means many investor still hold bitcoin !
It's just a matter of time when bitcoin value getting increase

Zadicar

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DGbet.fun - Crypto Sportsbook

Quote from: mtwelve on February 15, 2017, 10:31:17 AM

Quote from: Benchman on February 14, 2017, 02:35:54 PM

Just a feeling. When xxx people think about rocket rise, i'm preparing $$$ for opposite of scenario.

It's not that low, just 10% of the curent price. In Crypto world, it's nothing.

10% decrease for Bitcoin is a big deal. Not as catastrophic as the dump from near $1200 to $750, but 10% (~$100) decrease in a short period of time is nothing to scoff at. For smaller altcoins, 10% is considered daily volatility, but is definitely considered a trend reversal in Bitcoin.

-10% in bitcoin price decrease does really matter because it can be already consider a huge pricedrop on bitcoin price that we don't see on a normal day it doesn't like alts which volatility is very high and now seeing the price of bitcoin it gradually increases again after the sudden price decrease.

mtwelve

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Quote from: STT on February 15, 2017, 09:45:55 AM

If most trade is done in Yuan on a global basis, its surprising we dont even mention briefly the price level for that currency only the dollar counts. Maybe even Euro is relevant as it is the second largest currency in the world.
$1000 should be mostly a psychological level to beat or to stay above, that is partly why Im bullish. I think most people are waiting for some significance just due to three digits becoming four and there really is nothing special about his area.

Dollar itself has varied in its true value since bitcoin was last 1000, FED operates QE every day and the amount of dollars circulated increases far more then bitcoin gives out new coins (QE stops circulation also since FED is in effect another arm of government, but like headline and effective inflation operate without direct link I think dollar becomes weaker from QE)

It seems USD volume has overtaken Yuan since the crack down from the PBOC. A lot of money seems to be flowing into JPY also, so I think China's influence on Bitcoin is weakening due to these two factors. I don't think Euro being the "second largest in the world" is relevant, as the size of a currency doesn't really affect Bitcoin. Just if that currency is being used to trade against Bitcoin.

With that being said, it does seem we're holding steady above $1000, and we might retest higher levels, but I still remain cautiously optimistic.

mtwelve

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Quote from: Benchman on February 14, 2017, 02:35:54 PM

Just a feeling. When xxx people think about rocket rise, i'm preparing $$$ for opposite of scenario.

It's not that low, just 10% of the curent price. In Crypto world, it's nothing.

10% decrease for Bitcoin is a big deal. Not as catastrophic as the dump from near $1200 to $750, but 10% (~$100) decrease in a short period of time is nothing to scoff at. For smaller altcoins, 10% is considered daily volatility, but is definitely considered a trend reversal in Bitcoin.

Topic: New down trend. $1000 definitively broken. (Read 3241 times)