SELL NOW, big bitcoin dump! No fud. - page 2.

Basmic

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Quote from: cashodler on August 22, 2017, 06:26:04 AM

Feels like wizard predicting it to go 3600 and it really hit 3599. Anyway, today $3500 mark.

40 % of miners switched to Bicoin Cash.

You know all the miners to say that? It seems to me that now we are seeing the purposeful work of bots to undermine confidence in BTC. Nothing you will not succeed. Bitcoin was the crypto king so they will remain. Those who would panic and sell their coins will be crying next week.

cashodler

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Feels like wizard predicting it to go 3600 and it really hit 3599. Anyway, today $3500 mark.

40 % of miners switched to Bicoin Cash.

hello_good_sir

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Quote from: cashodler on August 21, 2017, 07:35:21 PM

People are getting info about November fork, we might see drop below 3600 in next 48 hours and before Nomber possibly to 3k or less, but 3k will probably be a huge support. Also 1/3 (33 %) of miners changed from btc mining to bitcoin cash mining. People will FUD, sell now, buy back later when bitcoin dips. Segwit 23 August was already priced in and we risk fiasco of unsuccessful segwit transactions and/or lost coins because of segwit security vulnerabilities. Even Slush pool CEO (inventor of bitcoin mining pools) said that he first needs to see segwit transactions, until then no one knows.

I don't think that if the price goes down it's about people getting to know about the potential november fork or anything like that. It's just that we haven't seen a sustained growth for a while now, price has just been floating around 4k-4.2k and going nowhere, and there are still margin traders out there that are paying interest on their loans. They probably think that btc isn't going to go much higher than this, so they close their long positions. This forces a lot more people to close their long positions essentially causing a chain reaction.

The most likely thing to happen is a dip at around $3500 lowest, and then rebound up to close to $4k before again correcting down to $3300 or so. Just my personal thoughts.

magneto

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Quote from: cashodler on August 21, 2017, 07:35:21 PM

People are getting info about November fork, we might see drop below 3600 in next 48 hours and before Nomber possibly to 3k or less, but 3k will probably be a huge support. Also 1/3 (33 %) of miners changed from btc mining to bitcoin cash mining. People will FUD, sell now, buy back later when bitcoin dips. Segwit 23 August was already priced in and we risk fiasco of unsuccessful segwit transactions and/or lost coins because of segwit security vulnerabilities. Even Slush pool CEO (inventor of bitcoin mining pools) said that he first needs to see segwit transactions, until then no one knows.

Every single speculation news can be interpreted as FUD, to a degree.

However i agree with you. I think that the price of bitcoin is only going to moderately go up or not go up at all at 23rd August when Segwit is likely going to get activated due to the fact htat price has already been pumped.

People already know that it's going to get activated, it's not a surprise or anything. So on the day, it's probably going to be quite anti-climatic at least in the sense of price. price is way too high right now, meaning that a correction in the short term is imminent. But after the correction i'd expect a huge wave of buying happening again.

iamTom123

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Quote from: Baofeng on August 21, 2017, 09:29:38 PM

Quote from: cashodler on August 21, 2017, 07:35:21 PM

People are getting info about November fork, we might see drop below 3600 in next 48 hours and before Nomber possibly to 3k or less, but 3k will probably be a huge support. Also 1/3 (33 %) of miners changed from btc mining to bitcoin cash mining. People will FUD, sell now, buy back later when bitcoin dips. Segwit 23 August was already priced in and we risk fiasco of unsuccessful segwit transactions and/or lost coins because of segwit security vulnerabilities. Even Slush pool CEO (inventor of bitcoin mining pools) said that he first needs to see segwit transactions, until then no one knows.

Well if this is true then it will be good for new investors to buy bitcoin for the first time and I'm sure that the price could recover quickly. I don't know where you get your news cause you didn't put your sources. But I doubt that miners would suddenly and quickly change to BCC. I don't think that Segwit is already price in. I also thought so about this, but the price is continue to soar after the fork so I don't think that Segwit price is already in already.

For me, you are just enticing people to sell their coins so this is FUD at the highest level. Sorry dude but I'm not dumping my coins but will continue to buy in dips like this.

I am sure that OP is just another newbie to Bitcoin and is afraid that he might lost his Bitcoin due to the coming fork in November. Losing coin? Didn't we get free coins because of that August 1 forking and the so-called split? In fact, many people were happy about it.

When Bitcoin will dip in price, there is nothing to be alarmed with because this is just a natural behavior for Bitcoin and soon it would be back surging in price again. Unfortunately, there are members of this forum who are not actually reading the many sections of the forum and just posting any crap idea their heads might have.

I am tired of reading posts like this! This is just making the forum looked like a crap.

allcryptos

newbie

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I just wandering how this 3600 get out? The price did hit 3599 at Bitfinex. But why?

maokoto

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This is some panic about people mining Bitcoin Cash. People overreact to the early rumors about being more profitable to mine it and dump. But it should not be very deep.

And if it is, it will go up again. You can always sell and hope to buy a little lower, but you can fail. The thing that is for sure is that it will go up again.

Denker

legendary

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Another noobster account freaking out or what is going on here?
Dude chill!! If you're in for long just relax. What goes up will come down, and what is down will go up again! It's so simple!
Furthermore a price of 3k or below would be a GIFT!! You can not imagine how much of BTC I will buy if this should happen!!
And I'm pretty sure won't be the only one!

liuqi

sr. member

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LuckyB.it is Back!

Quote from: bamboylee on August 22, 2017, 01:56:26 AM

Once this kind of posts come out, you'll know they are trying hard to bring bitcoin down. The more reason to buy bitcoin because they are trying hard but they can't drag bitcoin down. Always buy the dip and this is a good opportunity right now.

There is no way to see dump only in the bitcoin price movement. As price fluctuatation is happening every time and with that even block size been increased. First it proposed differently when every halving hits up blocks will be reduced and demand and supply increase. But thump rule define differently now.

HatakeKakashi

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If bitcoin lrice decrease its good to buyif you are trader if you see bitcoin price decreasing you can buy more so you can earn more. Be careful always of what you doing because what if you sell your bitcoin and afterfew days it will increase the orice you lose some profit . We dont know what will happen in november if the price decrease or increase but i hope it will increase so we can make a lot of profit .

bamboylee

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Once this kind of posts come out, you'll know they are trying hard to bring bitcoin down. The more reason to buy bitcoin because they are trying hard but they can't drag bitcoin down. Always buy the dip and this is a good opportunity right now.

Karartma1

legendary

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It's been 5 years I am listening to these bullshit. There have been lots of dumps but Bitcoin is still here and it's here to stay.

You guys don't know how privileged you are right now: you know about bitcoin while some billion people don't.

Try to stop whining

iram1011

hero member

Activity: 896

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What I believe is Bitcoin is best for long term investment and not so good for short term trading. Once invested you should forget about it atleast for a year and then enjoy the returns and shouldn't get into selling and buying in short term. In case of Bitcoin these dips are best for buying more and not for selling. Keep on stacking your Bitcoin, in near future it will definitely make you rich.

batang_bitcoin

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The title is "sell now, big bitcoin dump! FUD. Believe me" you may think that it will happen again that the price will be at dip and it's now happening. We are now at $3,700 and it can get even lower but I don't really think that we have to sell right now. That dump you are saying will be one of the advantage of most of the holders, to buy some more. Nothing to worry.

betlord90

hero member

Activity: 630

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Those people selling for this happenings are surely those people have weak hands for seeing the little downfall of btc's prices. But we can't control if the other people will dump since its their decision and opinion if they want to hold and give bad comments on this but for me I will just hold and forget that I have some stock of btc for long term goal.

Casdinyard

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Leading Crypto Sports Betting and Casino Platform

Here we go again, for sure there are many threads that will pop up now about this.
Like it so sick.
Go get sell your bitcoin.m and regret later. Well if you have a lot of funds then you can buy back.
But for me, holding is real and we see it when bitcoin hit its ATH and I dont want to miss that chance either.
This is just some dips thats usual in any coin and nothing to be panic about.

Ultegra134

hero member

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Bitcoin grew way too fast the past few weeks anyway, it was doomed to fall into a correction, the price has already started to fall. $3700 right now.
You can't expect it to continously increase.

Pursuer

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Where is my ring of blades...

Quote from: freebutcaged on August 21, 2017, 11:40:06 PM

Never again mate, fool me once and that's enough for me to kick your ass, nothing will happen if the majority of holders keep doing what they're best At doing, keep holding, how could the price drop if the majority is not selling? if no one is buying and you need the cash so you'd have to sell at a price Which they are buying, I doubt if all the holders need money that bad. just wait until a big whale needs a decentralized currency, they'll have to pay Whatever we ask them if they want to use a cryptocurrency with a worldwide support like Bitcoin.

the thing is, you should make up your mind. if you want to become a trader or to trade occasionally when there is a price surge followed by a correction or to become a full hodler.
* the first one buys and sells bitcoin every day on every dip and rise no matter what, OP is full of shit for these people.
* the second one should only sell on top not after the price started coming down (aka after correction). in this case any price above $4000. and then buy back in a couple of days after the correction was finished. again OP is full of shit for these people also because it is already late and will become too late soon to sell anything because it will soon be the bottom
* and the third is obvious, they just buy and hodl until price is 10K, 100K,... according to their plans. and again OP is full of shit for these people too Grin

I mean it is the same pattern all over again: https://bitcointalk.org/index.php?topic=1935374.0;all
how many times something has to happen before people stop losing money by selling in the bottom instead!
it is always the same, there is a rise and it stops, when it does everyone is saying buy buy buy, then the correction starts and price drops and people are mostly silent but when it reaches bottom everyone starts saying sell sell sell!!! it is like the opposite day with bitcoin everyday.

aso118

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Quote from: cashodler on August 21, 2017, 07:35:21 PM

People are getting info about November fork, we might see drop below 3600 in next 48 hours and before Nomber possibly to 3k or less, but 3k will probably be a huge support. Also 1/3 (33 %) of miners changed from btc mining to bitcoin cash mining. People will FUD, sell now, buy back later when bitcoin dips. Segwit 23 August was already priced in and we risk fiasco of unsuccessful segwit transactions and/or lost coins because of segwit security vulnerabilities. Even Slush pool CEO (inventor of bitcoin mining pools) said that he first needs to see segwit transactions, until then no one knows.

There is a sense of deja vu here. If you remember, all the doomsday predictions were going around even before the Bitcoin Cash split. And we all know what happened on August 1. So there is absolutely no reason to panic now, even if the price has gone down.

DrGuns4Hands

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well it's possible and i believed that there will be a big drop on november but it's still up to the current bitcoin holder if they'll going to sell their coins now or wait till the $5000 barrier. it's not easy to do trading but big whales is one of the reason why bitcoin price are raising and dumping. when they sell out their coins there will be possibility of big dump. i've been selling and buying bitcoin for a years.

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