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Topic: The BTC market is becoming like the alt pump and dump game (Read 4268 times)

legendary
Activity: 2324
Merit: 1125
Date Registered:   January 21, 2014, 09:02:06 AM


^^ This is why this post thread exists.

My date registered is a bit later, but I still feel there is a core point of technology that still hasn't been fully realized.  I work in technology, and this is still new to people like me.  This is a long play, even if it isn't Bitcoin that makes it happen.  Crypto is here to stay, and that idea will only grow with time.

That's effectively my stance.  Bitcoin as a currency is incredibly interesting, but in my opinion not nearly as interesting as the decentralized network upon which it operates.

My only point in referencing the registration date of the OP is only to highlight that this type of volatility is nothing new, and we've ebbed and flowed through these cycles before.  To say that Bitcoin is "becoming" like a pump-and-dump blah blah blah is a statement cast from a more narrow range of experience.

But without the currency (the value!) the decentralized ledger won't operate properly as there won't be an incentive.
legendary
Activity: 3248
Merit: 1070
I also think we may hit below $200 in 2015 when there is a more widespread usage for the coin rather than speculation.

i don't think so, we will float around this value or 500 area for 2015
legendary
Activity: 1610
Merit: 1183
280 one day, 350 a few days later, now heading back into the 300s?

This is the kind of stuff that gets us made fun of in the mainstream news.

What the fuck do you expect tho? It's Bitcoin. Since when has Bitcoin ever been known for it's price stability? serioulsy, one of the most famous gifs it's the rollercoaster one.
hero member
Activity: 675
Merit: 500
I predicted all of this. Read my latest posts.

Sub 250 coming by Monday. Mark my words.

How embarrassing

People remember only their successful predictions. Selective amnesia.  Grin
full member
Activity: 166
Merit: 100
I also think we may hit below $200 in 2015 when there is a more widespread usage for the coin rather than speculation.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
I predicted all of this. Read my latest posts.

Sub 250 coming by Monday. Mark my words.

How embarrassing
full member
Activity: 126
Merit: 100
This is a slow correction....... look out belowww
legendary
Activity: 3808
Merit: 1723
Well you need to understand that traders love volatility. Lately for most of the year, unless its trending downward, there was hardly any volume or movement. I think we had the least volume since 2012 a few weeks back. So this is good for traders. More liquidity.
member
Activity: 99
Merit: 10
]It is really not possible to make these kinds of predictions with any level of accuracy. The short term movements of the prices of any security is generally random and can be influenced by a large number of factors. It is only the long term price that can be more accurately predicted.
We don't want your fundamental understanding or logic.  This sub forum is only for emotion and feelings.  And the occasional "My mom is a psychic and she said..."
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
hero member
Activity: 1666
Merit: 565
sr. member
Activity: 364
Merit: 256
The pump looks to be successful on NO volume... watch out for the dump soon!

really? how many bitcoins are there? how many bitcoins are traded every day? those bitcoins are always the same, most people is not selling his bitcoins, only traders ans speculators.
full member
Activity: 210
Merit: 100
Sub 250 coming by Monday. Mark my words.

Marked.
It is really not possible to make these kinds of predictions with any level of accuracy. The short term movements of the prices of any security is generally random and can be influenced by a large number of factors. It is only the long term price that can be more accurately predicted.
hero member
Activity: 504
Merit: 500
The pump looks to be successful on NO volume... watch out for the dump soon!

Exactly what I'm thinking...seems to have been an artificial pump
full member
Activity: 126
Merit: 100
The pump looks to be successful on NO volume... watch out for the dump soon!
hero member
Activity: 910
Merit: 501
I predicted all of this. Read my latest posts.

Sub 250 coming by Monday. Mark my words.

Marked....but like the post itself, it was a waste of time. Sad
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Sub 250 coming by Monday. Mark my words.

Marked.
sr. member
Activity: 336
Merit: 250
I predicted all of this. Read my latest posts.

Sub 250 coming by Monday. Mark my words.

marked and like so many of your predictions, wrong.
KJO
full member
Activity: 173
Merit: 100
I predicted all of this. Read my latest posts.

Sub 250 coming by Monday. Mark my words.

Where is this sub 250 you promised? Mark your words as totally useless.
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