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Topic: Poll: Will we drop to sub $400 today? Inside info about GABI shorting BTC? - page 2. (Read 5153 times)

member
Activity: 112
Merit: 10
any one think that GABI is going to short bitcoin with their $200 million dollars?
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Bitcoin will never again drop below $425 for more than a few seconds at a time.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
Isn't Coinbase or something pulling a Gox as well?



I heard they recently ran out of bitcoins, but I've not heard anything about them pulling a Gox. Where did you hear that?

So many newbie account bears & trolls are being made. My only question in regards to them all is how many are owned by falllling?
member
Activity: 74
Merit: 10
Isn't Coinbase or something pulling a Gox as well?



I heard they recently ran out of bitcoins, but I've not heard anything about them pulling a Gox. Where did you hear that?
sr. member
Activity: 476
Merit: 250
Isn't Coinbase or something pulling a Gox as well?

I've been offline for a couple of days. I just logged on and noticed that BTC had crashed again, thus activating and filling a buy order I foolishly had placed a bit too high, since I've been way too bullish on Bitcoin lately.


EDIT: Phew ... I was wrong. My order was actually placed a bit lower than I thought, just barely low enough to not be activated. So I'm gonna pull it now, and place it somewhere sub-400 instead, since we're going very low near-term, due to the impending collapse of Coinbase and several other BTC entities.

sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
Death of bitcoin is inevitable, but timing is hard to predict. It could be hours, days, maybe even weeks before it finally collapses.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
It is amazing how a period of stagnation can suddenly correlate to the long term failure of Bitcoin...   Roll Eyes 
I'm truly impressed by the approach and timing of these threads but the lack luster amount of facts given by the OP is just too much for me to ignore.  Even if the price goes to $400 so what?  What has been proven other then a predicitoin for a single day?  Don't people deserve more information then OP is willing to give them in order to be taken seriously?
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
must be the newegg labor sale
hero member
Activity: 910
Merit: 1003
The lack of new bad news (since April) from China puzzles me. But maybe the PBoC wants the bubble to deflate gracefully, to avoid social unrest.
I don't think that the PBoC is paying attention to bitcoin anymore.  They have blocked all uses that could matter to them, namely as currency of commerce, as investment instrument, and as alternative to official banks.  Bitcoin in China is now just a gambling tool -- and the PBoC does not care about gambling.

If Chinese citizens use bitcoins to move their money out of China, that is actually good for China's economy because it means that foreigners who buy the worthless bitcoins from the Chinese for dollars are paying for their citizens' expenses abroad.  The reverse traffic (foreigners selling bitcoins at the Chinese exchanges and withdrawing the CNY) must be too small to worry.

Other Chinese government agencies may still be worried about uses of biitcoin for illegal commerce, bribery, subversion, etc..  The consumer protection entities may be worried about people believing in moontalk and losing their savings.  However, those agencies already forced the exchanges to use strict KYC/AML procedures, and forbade them to aggressively market bitcoin to the public.  Presumably they are satisfied with the status quo too.
hero member
Activity: 770
Merit: 500
Enough fall for the weekend .Lets hope BTC will see some uptrend on Monday.

hero member
Activity: 742
Merit: 500
It's gonna go to $450, i don't think lower, but who knows.
sr. member
Activity: 336
Merit: 250
bitcoin is going down pretty hard, please give your opinion:

Is GABI going to use their fund to short bitcoin or buy up the price in the next 48hours?


BTW, if you have been fooled by fonsie / dropt / maker88 / Sevvero and other bull scammers to buy in the recent dead cat bounces:
you can now ask them to pay you back Smiley

havent scammed anyone or told anyone to buy retard. just cuz i buy and explain why i buy and why i think your ridiculous predictions are not logical thoughts doesn't mean i told anyone else to do such things. the difference between us is you DO tell people what to do, and that is sell at a loss. i would never tell anyone to sell or to buy, thats their choice, and thats why you're such a piece of shit, you try and make people do things based on fear not logic, and the fact you try to influence them at all also makes you a horrible person. once again i didn't tell anyone to buy, i just bought some myself, and explained why. so I'm a scammer? clearly you have proven you don't know what that word means. like most words.
legendary
Activity: 2170
Merit: 1094
At Bitstamp:
on 2013-12-06 it dropped from 1020 to 814 (20%),
on 2014-03-27 it dropped from 581 to 475 (19%).
By my count, we are in a similar position now, but the movements take significantly longer, so I doubt we'll see a daily 20% drop soon.
Both of those drops were reactions to Chinese government "bans". Since the end of April, there haven't been any similar bad news relevant to the Chinese markets.  That may be why the drops have been more gradual: they have been vague "epidemics of pessimism" rather than bomb blasts.

EDIT: Actually I don't know whether the 2013-12-06 drop was due to the "december decree".  The decree was published a week later, is that right?  If so, then the  2013-12-06 may have been triggered by inside info, or by other causes.

Bad news can only trigger drops that are already possible at a certain market stage, maybe amplify them a bit ( like 10% - 15% ).
Bad news also made the market move faster. If the bad news from China would have continued, we would have hit the bottom and by now we would be going up.
The lack of new bad news (since April) from China puzzles me. But maybe the PBoC wants the bubble to deflate gracefully, to avoid social unrest.
hero member
Activity: 910
Merit: 501
if "everyone" have listened to me to cut losses at $620 or $5xx then they would have no need to weep

  • You also told people to "cut looses" at $460, then it went >$500.
  • You also told people it'd never go above $517 and it did 10 minutes later.
  • You told people it was going to $350 on the last sub $500 dip, it only went to $45x and then back above to $520

Summary:  You're an idiot.

LOL...awesome.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
my opinion is that, we are on the week end, it's normal, will recover again soon
hero member
Activity: 910
Merit: 1003
At Bitstamp:
on 2013-12-06 it dropped from 1020 to 814 (20%),
on 2014-03-27 it dropped from 581 to 475 (19%).
By my count, we are in a similar position now, but the movements take significantly longer, so I doubt we'll see a daily 20% drop soon.
Both of those drops were reactions to Chinese government "bans". Since the end of April, there haven't been any similar bad news relevant to the Chinese markets.  That may be why the drops have been more gradual: they have been vague "epidemics of pessimism" rather than bomb blasts.

EDIT: Actually I don't know whether the 2013-12-06 drop was due to the "december decree".  The decree was published a week later, is that right?  If so, then the  2013-12-06 may have been triggered by inside info, or by other causes.
full member
Activity: 166
Merit: 100
http://www.thestreet.com/static/rules1.html

Bulls make money, bears make money, pigs get slaughtered.

Remember to control risk.
legendary
Activity: 1036
Merit: 1000
No we won't get to $400 today not even tomorrow.The price will go up slowly the next weeks.HODL and you are safe do not listen to falllling he is a troll...
legendary
Activity: 2170
Merit: 1094
20% in one day? Who on earth would bet on something like this happening?

At Bitstamp:

on 2013-12-06 it dropped from 1020 to 814 (20%),
on 2014-03-27 it dropped from 581 to 475 (19%).

These were only open-to-close changes.  There were several days when it dropped more than 20% in less than 24h, but in most of those days the price recovered partially by the end of the day.

By my count, we are in a similar position now, but the movements take significantly longer, so I doubt we'll see a daily 20% drop soon.
legendary
Activity: 1512
Merit: 1000
if "everyone" have listened to me to cut losses at $620 or $5xx then they would have no need to weep

  • You also told people to "cut looses" at $460, then it went >$500.
  • You also told people it'd never go above $517 and it did 10 minutes later.
  • You told people it was going to $350 on the last sub $500 dip, it only went to $45x and then back above to $520

Summary:  You're an idiot.
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