The panic dump is on! | Bitcointalksearch.org

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Quote from: Dwelach on September 01, 2016, 03:23:24 AM

Y'all panic dumps are making me money so I love it keep going guys sell em all

nah just kidding don't be scared and sit on them, promise you profit in 2017 easily.. probably 2x

No matter what you say to these weak hands, they will dump with the slightest form of fud or panic. These people will never change. So yes, smart traders are using them to gain profits and buy up their coins. Without these people, the market would be a whole lot less volatile.

Dwelach

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Y'all panic dumps are making me money so I love it keep going guys sell em all

nah just kidding don't be scared and sit on them, promise you profit in 2017 easily.. probably 2x

talks_cheep

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Quote from: kobilica on August 29, 2016, 04:11:18 PM

If it falls, I buy Wink

Surely you jest.

Those who say they buy when it falls, are the exact same people panic selling, not buying. Don't believe a word of these noobs, they run around in circles, flapping their wings madly in panic when bitcoin price crashes.

ausbit

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Quote from: Universat on August 29, 2016, 05:21:02 AM

Quote from: Clement Kaliyar on August 28, 2016, 10:47:03 PM

I believe that the panic situation will subdue with time,the last panic dump happened when Bitfinex exchange was hacked and right now bitcoin is consolidating at 560$ i guess.

i think the market is trading in a stable position for some weeks therefore there is no panic like situation in the market and hope that the price of bitcoi n will staring increasing very soon, and this time the bitcoin price is going to cross the all time high level.

I’m pretty sure there is no panic dump going on. We would be looking at bitcoin being below $500 if there really were a significant amount of people dumping their bitcoin. Just a market fluctuations in my opinion. Bitcoin is known for self recovery, these temp dumps will not last for long.

Cendassi

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I like dumps, can't wait till it rises above 600 again and then im cashing in.. try to see the positive in the negatives, there are always ways to abuse and use a certain situation.

DavidoAlto

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Why are people always try to scare other people off because the dump is not on why is everybody thinking that they are going to dump their coins dont you see how high the price of the bitcoins is right now you need to wait as long as possible off course for the best profit.

Altcoinmoney

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The panic dump is on what do you people really mean with this is it that there are allot of people getting rid of their coins because they dont trust in it anymore or is it more the way people think about the bitcoin and wanted to dump them but are only bullshitting around.

arseaboy

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Quote from: richardsNY on August 30, 2016, 08:14:06 AM

Quote from: nizamcc on August 30, 2016, 01:39:52 AM

Price actually fell sharply during those days just because the hackers hacked and dumped the coins straight away to get out of the markets with fiat instead of bitcoins itself. They just created a foggy environment where, with them, others too started panicking and sold their coins too. But remember, bitcoin is still cheap.

The hackers didn't dump anything. Their main priority is to get the coins off the exchange as soon as possible. They just have the coins in their posession and are most likely mixing them in small batches right now. The hackers would be very stupid if they try to sell down the market as the exchange where they would sell the coins can either block their account, or simply refuse to let the withdrawal of fiat come through since it's fraudulent. This is assuming Bitfinex is really hacked.

which is correct the hackers wannabe will not dumped the coin right away they will make it little by little the price fell down but its now showing some stability
much better to fluctuating from time to time so I guess we are still in good shape and bitcoin is an investment to hold.

richardsNY

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Quote from: nizamcc on August 30, 2016, 01:39:52 AM

Price actually fell sharply during those days just because the hackers hacked and dumped the coins straight away to get out of the markets with fiat instead of bitcoins itself. They just created a foggy environment where, with them, others too started panicking and sold their coins too. But remember, bitcoin is still cheap.

The hackers didn't dump anything. Their main priority is to get the coins off the exchange as soon as possible. They just have the coins in their posession and are most likely mixing them in small batches right now. The hackers would be very stupid if they try to sell down the market as the exchange where they would sell the coins can either block their account, or simply refuse to let the withdrawal of fiat come through since it's fraudulent. This is assuming Bitfinex is really hacked.

nizamcc

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Price actually fell sharply during those days just because the hackers hacked and dumped the coins straight away to get out of the markets with fiat instead of bitcoins itself. They just created a foggy environment where, with them, others too started panicking and sold their coins too. But remember, bitcoin is still cheap.

Schuyler

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I might need to sell a few, but definitely not because I'm panicking. It's just that I need some extra money right now and bitcoin is my other option for it. Although I wish I could sell at a higher price, the wait could be long before the price starts hitting over $600 again.

savetherainforest

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Quote from: kobilica on August 29, 2016, 04:11:18 PM

If it falls, I buy Wink

Good strategy! ... but it is unlikely to fall more than this... Maybe you will be awake in a week or two when the coil ends and maybe, a very unlikely maybe will be seeing a 30-40$ dip for a period of 15-20 minutes max. Only if it catches you awake in non-weird hours! But if u'r from the West and China decides to do stuff while you sleep... you should just HODL and sleep without worry!

StoreBit

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Quote from: crairezx20 on August 29, 2016, 01:57:41 PM

Panic selling i think its already done this year instead the price right now are stable at 500 level and i think the price will increase again back this few months or november and december..

yes that is a fact that panic selling is over and now bitcoin is stale for some weeks. and now we are hoping that bitcoin price will increase and that is the reason that the bitcoin volume is a little low as compare to other days, there is significant change in the price of bitcoin and people are not ready to sell their bitcoin in such a low level and they are holding it for high price of bitcoin.

kobilica

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If it falls, I buy Wink

Ayers

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Quote from: crairezx20 on August 29, 2016, 01:57:41 PM

Panic selling i think its already done this year instead the price right now are stable at 500 level and i think the price will increase again back this few months or november and december..

i agree the price is at around $600 not $500, and it will increase shortly, the last dump is finished i can't see more dump for now, now this is turning into an accumulation phase and then a nice pump

crairezx20

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Panic selling i think its already done this year instead the price right now are stable at 500 level and i think the price will increase again back this few months or november and december..

Kprawn

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Quote from: BitHodler on August 29, 2016, 10:01:28 AM

Quote from: Universat on August 29, 2016, 05:21:02 AM

Quote from: Clement Kaliyar on August 28, 2016, 10:47:03 PM

I believe that the panic situation will subdue with time,the last panic dump happened when Bitfinex exchange was hacked and right now bitcoin is consolidating at 560$ i guess.

i think the market is trading in a stable position for some weeks therefore there is no panic like situation in the market and hope that the price of bitcoi n will staring increasing very soon, and this time the bitcoin price is going to cross the all time high level.

It might take years before we see a new all time high, if ever. For that to happen you need everything to be perfect.

Sentiment, buy support, high volume, maybe even the news reporting about Bitcoin breaking through $1000 again, and the list goes on.

If everything is perfect, then at some point we might see a new all time high again, otherwise we'll keep seeing the price far below $1000 for a very long time.

You only need one event to cause a massive spike in the price, upwards or downwards. The markets will ignore most of the things, when there are

seeing these spikes. Bitcoin can reach $1000 in a few hours, if their is a event driving it. We need a sustained growth over a longer period for

merchants to accept it as a stable currency with low volatility. Wink

safari88

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Quote from: BitsandBites on August 29, 2016, 09:49:37 AM

Quote from: jhenfelipe on August 07, 2016, 07:27:40 AM

Quote from: 1Referee on August 07, 2016, 07:15:48 AM

Kwukduck! It's funny how you come to life as soon as there is a dump going on, and how soon you're back under your rock as soon as the price shows signs of recovery. Cheesy

Quote from: Haruderty on August 07, 2016, 07:02:25 AM

Quote from: BlockEye on August 01, 2016, 10:47:54 PM

Quote from: BitcoinLoan on August 01, 2016, 10:32:58 PM

No way! it is just correction after that what happen before halving. Now price is on the correct level. I expect 3 - 4 weeks stabilization, and till december slow, but stable growing till $900 - $1000

Why do you think this will end up to $900 - $1000 by December? Anywhere between $600 to $700 is reasonable but still hold on to what you have for now, that drop is just temporary and it will go back to its previous price of $650

The panic dump has finished. The price has risen to $590 already. I think the price will be $600 in a few days.

Yes, I also believe to see the price be back on $600's again next week. I just hope it stays there and doesn't fall back to sub $600 levels.

Yes I agree. It seems that Bitcoin price is rising already little by little. Just need some time to go back to track @ $600 and up. However, $500 and up is still good, the first time I used bitcoin, it's only about $200 to $300, so this fall didn't affect me so much. Few bitcoiners already sold some of their coins due to panic and fear of losing their investment these past few days, I hope they don't regret it.

It will be not that worst if you are going to make an investment now and that is because the value is not even that high so it wont be that bad but it is also not the best time to buy. But the most people with already Bitcoin are waiting for a higher value and that is nice because they can sell it with a lot of profit.

If you are buying for the long term, it will never bad to buy at this time. because the price of bitcoin basically will continue in the pump and in the future we will see the highest price. but if you want to buy for the short term, are mostly panic to buy now, because prices tend to rise and fall

BitHodler

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Quote from: Universat on August 29, 2016, 05:21:02 AM

Quote from: Clement Kaliyar on August 28, 2016, 10:47:03 PM

I believe that the panic situation will subdue with time,the last panic dump happened when Bitfinex exchange was hacked and right now bitcoin is consolidating at 560$ i guess.

i think the market is trading in a stable position for some weeks therefore there is no panic like situation in the market and hope that the price of bitcoi n will staring increasing very soon, and this time the bitcoin price is going to cross the all time high level.

It might take years before we see a new all time high, if ever. For that to happen you need everything to be perfect.

Sentiment, buy support, high volume, maybe even the news reporting about Bitcoin breaking through $1000 again, and the list goes on.

If everything is perfect, then at some point we might see a new all time high again, otherwise we'll keep seeing the price far below $1000 for a very long time.

BitsandBites

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Quote from: jhenfelipe on August 07, 2016, 07:27:40 AM

Quote from: 1Referee on August 07, 2016, 07:15:48 AM

Kwukduck! It's funny how you come to life as soon as there is a dump going on, and how soon you're back under your rock as soon as the price shows signs of recovery. Cheesy

Quote from: Haruderty on August 07, 2016, 07:02:25 AM

Quote from: BlockEye on August 01, 2016, 10:47:54 PM

Quote from: BitcoinLoan on August 01, 2016, 10:32:58 PM

No way! it is just correction after that what happen before halving. Now price is on the correct level. I expect 3 - 4 weeks stabilization, and till december slow, but stable growing till $900 - $1000

Why do you think this will end up to $900 - $1000 by December? Anywhere between $600 to $700 is reasonable but still hold on to what you have for now, that drop is just temporary and it will go back to its previous price of $650

The panic dump has finished. The price has risen to $590 already. I think the price will be $600 in a few days.

Yes, I also believe to see the price be back on $600's again next week. I just hope it stays there and doesn't fall back to sub $600 levels.

Yes I agree. It seems that Bitcoin price is rising already little by little. Just need some time to go back to track @ $600 and up. However, $500 and up is still good, the first time I used bitcoin, it's only about $200 to $300, so this fall didn't affect me so much. Few bitcoiners already sold some of their coins due to panic and fear of losing their investment these past few days, I hope they don't regret it.

It will be not that worst if you are going to make an investment now and that is because the value is not even that high so it wont be that bad but it is also not the best time to buy. But the most people with already Bitcoin are waiting for a higher value and that is nice because they can sell it with a lot of profit.

BreakingSlow

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Quote from: Haruderty on August 07, 2016, 07:02:25 AM

Quote from: BlockEye on August 01, 2016, 10:47:54 PM

Quote from: BitcoinLoan on August 01, 2016, 10:32:58 PM

No way! it is just correction after that what happen before halving. Now price is on the correct level. I expect 3 - 4 weeks stabilization, and till december slow, but stable growing till $900 - $1000

Why do you think this will end up to $900 - $1000 by December? Anywhere between $600 to $700 is reasonable but still hold on to what you have for now, that drop is just temporary and it will go back to its previous price of $650

The panic dump has finished. The price has risen to $590 already. I think the price will be $600 in a few days.

mmmm panic dump do you really think that would happen i dontthink there will be allot of people panic the hell out because the drop was not that much as you all can see and i think the same and he is saying the price will be soon higher then at least 600 dollar for sure so dont panic stay strong and keep an eye on the price of the bitcoins for sure.

Universat

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Quote from: Clement Kaliyar on August 28, 2016, 10:47:03 PM

I believe that the panic situation will subdue with time,the last panic dump happened when Bitfinex exchange was hacked and right now bitcoin is consolidating at 560$ i guess.

i think the market is trading in a stable position for some weeks therefore there is no panic like situation in the market and hope that the price of bitcoi n will staring increasing very soon, and this time the bitcoin price is going to cross the all time high level.

yui

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It's just another popped bubble. Big fish are shorting or HODL.

Clement Kaliyar

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I believe that the panic situation will subdue with time,the last panic dump happened when Bitfinex exchange was hacked and right now bitcoin is consolidating at 560$ i guess.

BitcoinLoan

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Quote from: Haruderty on August 10, 2016, 04:39:04 AM

Quote from: Nimbulan on August 09, 2016, 06:52:21 AM

Quote from: useless4 on August 09, 2016, 06:11:50 AM

people were really scared that the price was going to keep on being dumped thats why they started selling their bitcoins really fast and it was a big problem

thats right, and it is really sad to see that people can be manipulated by the world events that easily, i hope this will never repeat in the future

There is no panic dump at the moment. The $585 price range is good to buy. I think the price will be over $600 next week.

Comments like this are always funny for me.. How the hell you know that my friend?

As i observe Bitcoin price from years, there is always nothing more, but only speculation.. In my opinion, your words are worth this same what are worth mine: Ther is panic and ...... it is good moment to buy.. Wink

Good luck with purchasing! Wink

Haruderty

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Quote from: Nimbulan on August 09, 2016, 06:52:21 AM

Quote from: useless4 on August 09, 2016, 06:11:50 AM

people were really scared that the price was going to keep on being dumped thats why they started selling their bitcoins really fast and it was a big problem

thats right, and it is really sad to see that people can be manipulated by the world events that easily, i hope this will never repeat in the future

There is no panic dump at the moment. The $585 price range is good to buy. I think the price will be over $600 next week.

Nimbulan

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Quote from: useless4 on August 09, 2016, 06:11:50 AM

people were really scared that the price was going to keep on being dumped thats why they started selling their bitcoins really fast and it was a big problem

thats right, and it is really sad to see that people can be manipulated by the world events that easily, i hope this will never repeat in the future

useless4

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people were really scared that the price was going to keep on being dumped thats why they started selling their bitcoins really fast and it was a big problem

1Referee

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Quote from: pearnapple on August 09, 2016, 05:45:59 AM

Quote from: ttargett on August 08, 2016, 10:47:46 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

i don't see what you talk about as there is no price dump at all. Price now is near 600$ which is still pretty nice i think and i don't think that price will fall anytime soon

tough there was a panic dump not a long time ago to be honest the price got lowered a lot and only during the past days it is recovering

You know what the funny thing is? A lot people were hoping for the price to once again go lower so they can buy themselves some extra coins. And now the price is lowered, people start to complain... LOL? I really don't understand anything of certain people here.

pearnapple

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Quote from: ttargett on August 08, 2016, 10:47:46 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

i don't see what you talk about as there is no price dump at all. Price now is near 600$ which is still pretty nice i think and i don't think that price will fall anytime soon

tough there was a panic dump not a long time ago to be honest the price got lowered a lot and only during the past days it is recovering

entrepmind23

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Quote from: Shinpako09 on August 08, 2016, 05:48:26 PM

Seems the price has been stable now and recover into nearly $600. Common scenario in price movement. The dump was normal as there is site has been reportedly hacked again.

The price is almost at $600 now. I hope it will continue to go up and there is no bad news again. I think when it crosses $600 it will be the support and then it will continue to rise until it will reach a new high again. It only cross below $600 before because of the hacking and I think the price will not go down as low as that if nothing happened.

fkvidar

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Quote from: 2legit2 on August 08, 2016, 05:51:17 PM

Quote from: randy8777 on August 08, 2016, 09:02:16 AM

Quote from: iqlimasyadiqa on August 08, 2016, 08:58:53 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

yes. This now looks bitcoin market shock. some time yesterday bitcoin prices are at a low point. many bitcoin traders who sell them at a cheap price. The world is experiencing a panic sell bitcoin .i hope can bitcoin prices rising back to the positive.

whatever is happening, the price will always recover. but that doesn't mean a hacked exchange can't cause a lot damage to the price. especially when you see that what needed years to build up gets dumped down within a day.

of course it will recover, it is already recovering right now and i think from now on the only way with the price is up, i hope it will reach the new heights pretty soon

Yeah and its really good to see that price has started to rise once again after the bitfinex scam, and people have shown their trust in bitcoin once again, so we can expect higher price in coming months.

Haruderty

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Quote from: 2legit2 on August 08, 2016, 05:51:17 PM

Quote from: randy8777 on August 08, 2016, 09:02:16 AM

Quote from: iqlimasyadiqa on August 08, 2016, 08:58:53 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

yes. This now looks bitcoin market shock. some time yesterday bitcoin prices are at a low point. many bitcoin traders who sell them at a cheap price. The world is experiencing a panic sell bitcoin .i hope can bitcoin prices rising back to the positive.

whatever is happening, the price will always recover. but that doesn't mean a hacked exchange can't cause a lot damage to the price. especially when you see that what needed years to build up gets dumped down within a day.

of course it will recover, it is already recovering right now and i think from now on the only way with the price is up, i hope it will reach the new heights pretty soon

The price has risen from bellow $500 to $590 now. If there is no other bad news, the price will rise again.

2legit2

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Quote from: randy8777 on August 08, 2016, 09:02:16 AM

Quote from: iqlimasyadiqa on August 08, 2016, 08:58:53 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

yes. This now looks bitcoin market shock. some time yesterday bitcoin prices are at a low point. many bitcoin traders who sell them at a cheap price. The world is experiencing a panic sell bitcoin .i hope can bitcoin prices rising back to the positive.

whatever is happening, the price will always recover. but that doesn't mean a hacked exchange can't cause a lot damage to the price. especially when you see that what needed years to build up gets dumped down within a day.

of course it will recover, it is already recovering right now and i think from now on the only way with the price is up, i hope it will reach the new heights pretty soon

Shinpako09

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Seems the price has been stable now and recover into nearly $600. Common scenario in price movement. The dump was normal as there is site has been reportedly hacked again.

richardsNY

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Quote from: ttargett on August 08, 2016, 10:47:46 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

i don't see what you talk about as there is no price dump at all. Price now is near 600$ which is still pretty nice i think and i don't think that price will fall anytime soon

Look at the date this thread was created. Usually kwukduck only comes up with nonsense, but the price did actually got dumped down heavily where 2 days later the price dropped under the $500 level. And yes, as you see the price has recovered and is now around the $590 level. I think it's a matter of days before we see $600 again.

Maesters1-

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Quote from: MFahad on August 08, 2016, 10:43:19 AM

Quote from: iqlimasyadiqa on August 08, 2016, 08:58:53 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

yes. This now looks bitcoin market shock. some time yesterday bitcoin prices are at a low point. many bitcoin traders who sell them at a cheap price. The world is experiencing a panic sell bitcoin .i hope can bitcoin prices rising back to the positive.

Yeah the short hearted people sold their bitcoins in previous few days thinking prices will move further down. But now the panic selling is over and price is return back. They must be crying on selling their coins

yes that is a fact, but if overview the previous panic selling days you will see that the price of bitcoin was crashing and it dropped up to 20 % over a nigh, so what do you aspect at that time except selling, and covering your position,

Mr.grin

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I think you said it was when the price of bitcoin being dropped off lately. but do not worry, it only occurs temporarily, bitcoin prices will surely rise to a higher price than the previous one. there is now a price approaching $ 600, and even may soon be past the $ 600 price and stable return, or perhaps rise to higher prices

ttargett

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Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

i don't see what you talk about as there is no price dump at all. Price now is near 600$ which is still pretty nice i think and i don't think that price will fall anytime soon

MFahad

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Quote from: iqlimasyadiqa on August 08, 2016, 08:58:53 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

yes. This now looks bitcoin market shock. some time yesterday bitcoin prices are at a low point. many bitcoin traders who sell them at a cheap price. The world is experiencing a panic sell bitcoin .i hope can bitcoin prices rising back to the positive.

Yeah the short hearted people sold their bitcoins in previous few days thinking prices will move further down. But now the panic selling is over and price is return back. They must be crying on selling their coins

randy8777

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Quote from: iqlimasyadiqa on August 08, 2016, 08:58:53 AM

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

yes. This now looks bitcoin market shock. some time yesterday bitcoin prices are at a low point. many bitcoin traders who sell them at a cheap price. The world is experiencing a panic sell bitcoin .i hope can bitcoin prices rising back to the positive.

whatever is happening, the price will always recover. but that doesn't mean a hacked exchange can't cause a lot damage to the price. especially when you see that what needed years to build up gets dumped down within a day.

iqlimasyadiqa

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Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

yes. This now looks bitcoin market shock. some time yesterday bitcoin prices are at a low point. many bitcoin traders who sell them at a cheap price. The world is experiencing a panic sell bitcoin .i hope can bitcoin prices rising back to the positive.

altcointrader8

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Now the price is back, so we can enjoy high price again, 590 usd, after bitfinex hack case, we get new high, congrats, btc is strong.

ethereumhunter

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Quote from: adoell on August 08, 2016, 05:49:34 AM

steadily rising back up, we are now at $590 and heading back to where we were

$596 for the last i look at polo, i wish it could be back in $650 or more, but unfortunately altcoin might be down for a while, so be careful.

adoell

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BitcoinBloom

steadily rising back up, we are now at $590 and heading back to where we were

Haruderty

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Quote from: pooya87 on August 07, 2016, 10:41:39 PM

Quote from: pitham1 on August 07, 2016, 07:25:22 PM

Quote from: greBit on August 07, 2016, 06:40:35 PM

Quote from: buyinbtc on August 07, 2016, 04:43:43 PM

Quote from: a7mos on August 07, 2016, 02:37:13 PM

this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

of course the price is going to come back pretty soon, right now the only way is up and i think because of that it will make me some good money

Just try to have some patience and you will be seeing much higher price of bitcoin in coming days, price has started to recover slowly now sow we can expect some good value in next couple of months.

Slow upward trend after the Bitfinex horror.
In the absence of any negative news, I expect it to drift back up to $650+ levels.

the price jumped back nearly as fast as it went down because of the hack and now it is getting stable enough with a very slow rise. i expect another spike and back to the $600+ and if the whales let it we can see $700+ once again.

I missed the chance to buy the bitcoin when the price dropped to below $500. I did not have fiat in the exchange.

ASHLIUSZ

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Quote from: pooya87 on August 07, 2016, 10:41:39 PM

Quote from: pitham1 on August 07, 2016, 07:25:22 PM

Quote from: greBit on August 07, 2016, 06:40:35 PM

Quote from: buyinbtc on August 07, 2016, 04:43:43 PM

Quote from: a7mos on August 07, 2016, 02:37:13 PM

this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

of course the price is going to come back pretty soon, right now the only way is up and i think because of that it will make me some good money

Just try to have some patience and you will be seeing much higher price of bitcoin in coming days, price has started to recover slowly now sow we can expect some good value in next couple of months.

Slow upward trend after the Bitfinex horror.
In the absence of any negative news, I expect it to drift back up to $650+ levels.

the price jumped back nearly as fast as it went down because of the hack and now it is getting stable enough with a very slow rise. i expect another spike and back to the $600+ and if the whales let it we can see $700+ once again.

After Bitcoin took off, people started to create their own variations. Most of these variations have offered no meaningful improvement over Bitcoin. They instead are just popular among speculators who pump and dump, hoping to buy in at a low price and sell to some fool at a higher price.

The only two alt-coins that have actually made an improvement meantime are ZeroCoin and Ethereum.
now ethereum too met a slight fall and hope bitcoin will rise very soon to $700.

pooya87

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Quote from: pitham1 on August 07, 2016, 07:25:22 PM

Quote from: greBit on August 07, 2016, 06:40:35 PM

Quote from: buyinbtc on August 07, 2016, 04:43:43 PM

Quote from: a7mos on August 07, 2016, 02:37:13 PM

this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

of course the price is going to come back pretty soon, right now the only way is up and i think because of that it will make me some good money

Just try to have some patience and you will be seeing much higher price of bitcoin in coming days, price has started to recover slowly now sow we can expect some good value in next couple of months.

Slow upward trend after the Bitfinex horror.
In the absence of any negative news, I expect it to drift back up to $650+ levels.

the price jumped back nearly as fast as it went down because of the hack and now it is getting stable enough with a very slow rise. i expect another spike and back to the $600+ and if the whales let it we can see $700+ once again.

pitham1

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Quote from: greBit on August 07, 2016, 06:40:35 PM

Quote from: buyinbtc on August 07, 2016, 04:43:43 PM

Quote from: a7mos on August 07, 2016, 02:37:13 PM

this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

of course the price is going to come back pretty soon, right now the only way is up and i think because of that it will make me some good money

Just try to have some patience and you will be seeing much higher price of bitcoin in coming days, price has started to recover slowly now sow we can expect some good value in next couple of months.

Slow upward trend after the Bitfinex horror.
In the absence of any negative news, I expect it to drift back up to $650+ levels.

greBit

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Activity: 714

Merit: 500

Quote from: buyinbtc on August 07, 2016, 04:43:43 PM

Quote from: a7mos on August 07, 2016, 02:37:13 PM

this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

of course the price is going to come back pretty soon, right now the only way is up and i think because of that it will make me some good money

Just try to have some patience and you will be seeing much higher price of bitcoin in coming days, price has started to recover slowly now sow we can expect some good value in next couple of months.

buyinbtc

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Quote from: a7mos on August 07, 2016, 02:37:13 PM

this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

of course the price is going to come back pretty soon, right now the only way is up and i think because of that it will make me some good money

bit1

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Quote from: Yakamoto on August 07, 2016, 03:36:26 PM

The value is beginning to slip, but I don't think that we're going to be seeing a definite drop in the value for a little while.

If you don't mind me asking, what caused this selloff though? It seems weird that is just started at some point and there wouldn't be an explanation for that.

What do you mean? The bitfinex hack was sufficient reason to cause that panic, if this had happened before
of halving the price probably would be at least $300 or $400.

Yakamoto

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The value is beginning to slip, but I don't think that we're going to be seeing a definite drop in the value for a little while.

If you don't mind me asking, what caused this selloff though? It seems weird that is just started at some point and there wouldn't be an explanation for that.

bit1

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Quote from: a7mos on August 07, 2016, 02:37:13 PM

this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

Too much volatility in the markets due to loss of confidence anyway the big players most of the time win.

a7mos

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this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

Backside walkaround

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...and now the dump is over and the rebound phase begins. Crazy how tough it is for bitcoin to stay down. It just doesn't want to.

Kwuckduck, I realize you probably don't answer other users, but do you actually own any bitcoin? Is it hard being a bear all the time or what?

socks435

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I'm looking for free spin.

I think panic dump right now is done and the price right now is good and very stable at 587 according to preev from yesterday and today..
And lets hope that the price will increase more instead of decreasing..

crairezx20

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Quote from: ASHLIUSZ on August 07, 2016, 12:27:43 PM

Quote from: amacar2 on August 07, 2016, 09:50:48 AM

Quote from: angryswamp on August 07, 2016, 07:45:18 AM

the dump already ended, right now the only way is going to be up i hope

Actually there is still some fear in traders about those stolen 60 million USD worth of bitcoin. Question is still there about whether hacker already dumped those coins or not.

The price has dropped to about $100 few days before, may be the hacker had sold part of the coins and after this problem solved he may sell the remaining.

Well we don't know i the hacker still holding those coins or he is planning to hold it and wait more months to sell his coins.
For now better to wait or buy some of bitcoin so that you will not lose a lot..

Hugroll

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Activity: 756

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Quote from: Kimi80 on August 07, 2016, 01:20:27 PM

I don't understand one thing, if there is a big dump, which means massive selling of coins, doesn't that means also that someone is buying those coins?

Why price is falling, when there is many people who buy and sell coins, many transactions. Why price doesn't go up?

ok lets say we have a small market of 10 people. lets assume its balanced so theres 5 people selling btc and theres 5people buying btc. but if the 5 people start selling more than what the 5 can buy, theres a surplus of bitcoins. so what do the 5 people do? they lower their prices so their bitcoins get bought first. and the market will keep forcing a low price, untill there are more buy offers than sell offers. at that point people will put up buy offers for higher price so they get the first buy.

Hugroll

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Quote from: angryswamp on August 07, 2016, 07:45:18 AM

the dump already ended, right now the only way is going to be up i hope

people are about to withdraw their coins from bitfinex (or atleast whats left of their coins) and are planning on cashing out of bitcoin. also the fact that the hacker may not have sold the bitcoins and is planning on selling soon can cause price drops.

Kimi80

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I don't understand one thing, if there is a big dump, which means massive selling of coins, doesn't that means also that someone is buying those coins?

Why price is falling, when there is many people who buy and sell coins, many transactions. Why price doesn't go up?

X7

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Let he who is without sin cast the first stone

Quote from: kwukduck on August 01, 2016, 01:45:36 PM

Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

Clairvoyant huh? the banks were hacked for tens of billions of dollars. People still use the banks

lexuz

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Activity: 714

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Me, myself and I

Quote from: ASHLIUSZ on August 07, 2016, 12:27:43 PM

Quote from: amacar2 on August 07, 2016, 09:50:48 AM

Quote from: angryswamp on August 07, 2016, 07:45:18 AM

the dump already ended, right now the only way is going to be up i hope

Actually there is still some fear in traders about those stolen 60 million USD worth of bitcoin. Question is still there about whether hacker already dumped those coins or not.

The price has dropped to about $100 few days before, may be the hacker had sold part of the coins and after this problem solved he may sell the remaining.

Yeah i think about that too and now looks the coins has been stolen from bitfinex has been sold out so the price rise has occurred.

ASHLIUSZ

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Activity: 994

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Quote from: amacar2 on August 07, 2016, 09:50:48 AM

Quote from: angryswamp on August 07, 2016, 07:45:18 AM

the dump already ended, right now the only way is going to be up i hope

Actually there is still some fear in traders about those stolen 60 million USD worth of bitcoin. Question is still there about whether hacker already dumped those coins or not.

The price has dropped to about $100 few days before, may be the hacker had sold part of the coins and after this problem solved he may sell the remaining.

amacar2

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Quote from: angryswamp on August 07, 2016, 07:45:18 AM

the dump already ended, right now the only way is going to be up i hope

Actually there is still some fear in traders about those stolen 60 million USD worth of bitcoin. Question is still there about whether hacker already dumped those coins or not.

angryswamp

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the dump already ended, right now the only way is going to be up i hope

jhenfelipe

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Quote from: 1Referee on August 07, 2016, 07:15:48 AM

Kwukduck! It's funny how you come to life as soon as there is a dump going on, and how soon you're back under your rock as soon as the price shows signs of recovery. Cheesy

Quote from: Haruderty on August 07, 2016, 07:02:25 AM

Quote from: BlockEye on August 01, 2016, 10:47:54 PM

Quote from: BitcoinLoan on August 01, 2016, 10:32:58 PM

No way! it is just correction after that what happen before halving. Now price is on the correct level. I expect 3 - 4 weeks stabilization, and till december slow, but stable growing till $900 - $1000

Why do you think this will end up to $900 - $1000 by December? Anywhere between $600 to $700 is reasonable but still hold on to what you have for now, that drop is just temporary and it will go back to its previous price of $650

The panic dump has finished. The price has risen to $590 already. I think the price will be $600 in a few days.

Yes, I also believe to see the price be back on $600's again next week. I just hope it stays there and doesn't fall back to sub $600 levels.

Yes I agree. It seems that Bitcoin price is rising already little by little. Just need some time to go back to track @ $600 and up. However, $500 and up is still good, the first time I used bitcoin, it's only about $200 to $300, so this fall didn't affect me so much. Few bitcoiners already sold some of their coins due to panic and fear of losing their investment these past few days, I hope they don't regret it.

1Referee

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Kwukduck! It's funny how you come to life as soon as there is a dump going on, and how soon you're back under your rock as soon as the price shows signs of recovery. Cheesy

Quote from: Haruderty on August 07, 2016, 07:02:25 AM

Quote from: BlockEye on August 01, 2016, 10:47:54 PM

Quote from: BitcoinLoan on August 01, 2016, 10:32:58 PM

No way! it is just correction after that what happen before halving. Now price is on the correct level. I expect 3 - 4 weeks stabilization, and till december slow, but stable growing till $900 - $1000

Why do you think this will end up to $900 - $1000 by December? Anywhere between $600 to $700 is reasonable but still hold on to what you have for now, that drop is just temporary and it will go back to its previous price of $650

The panic dump has finished. The price has risen to $590 already. I think the price will be $600 in a few days.

Yes, I also believe to see the price be back on $600's again next week. I just hope it stays there and doesn't fall back to sub $600 levels.

Haruderty

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Activity: 140

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Quote from: BlockEye on August 01, 2016, 10:47:54 PM

Quote from: BitcoinLoan on August 01, 2016, 10:32:58 PM

No way! it is just correction after that what happen before halving. Now price is on the correct level. I expect 3 - 4 weeks stabilization, and till december slow, but stable growing till $900 - $1000

Why do you think this will end up to $900 - $1000 by December? Anywhere between $600 to $700 is reasonable but still hold on to what you have for now, that drop is just temporary and it will go back to its previous price of $650

The panic dump has finished. The price has risen to $590 already. I think the price will be $600 in a few days.

BlockEye

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Quote from: BitcoinLoan on August 01, 2016, 10:32:58 PM

No way! it is just correction after that what happen before halving. Now price is on the correct level. I expect 3 - 4 weeks stabilization, and till december slow, but stable growing till $900 - $1000

Why do you think this will end up to $900 - $1000 by December? Anywhere between $600 to $700 is reasonable but still hold on to what you have for now, that drop is just temporary and it will go back to its previous price of $650

BitcoinLoan

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No way! it is just correction after that what happen before halving. Now price is on the correct level. I expect 3 - 4 weeks stabilization, and till december slow, but stable growing till $900 - $1000

Derek492

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Hedge with Mintcoin

Wind_FURY

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We have never seen any panic dumps that have resulted in the obliteration of bitcoin. I don't think it will be the end of the world. It is actually good for bitcoin to go sun $600 and stay there for a while. It needs to be accumulated by the ones who are not willing to buy at +$650.

calme

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It's nothin' but hookers 'n blow on the Coinbase yacht

chesthing

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Quote from: Pbitcoin on August 01, 2016, 06:16:51 PM

This is what a panic dump is like?
Well I don't like it one bit Angry

I have not bitcoin or forex to buy it with. Embarrassed

Panic dumps drop hundreds of dollars in a day. It may turn into a panic dump, let's watch and see... Cool

ImHash

hero member

Activity: 924

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down it goes and down it goes again and again, we are looking at the manipulations in the face there is no need to worry as we seen before it always recovers if we keep our cools and stay supportive to the system.
Go to the mars next destination.

Pbitcoin

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This is what a panic dump is like?
Well I don't like it one bit Angry

I have not bitcoin or forex to buy it with. Embarrassed

richardsNY

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So far my prediction of the price testing $600 is becoming reality. It will be very interesting to see if the price gets supported long enough to maintain a position above $600. I think it will.

ivanst776

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Quote from: randy8777 on August 01, 2016, 02:37:15 PM

everything is just fine as long as we are above the $600 price level. if we drop below $600 then it might tank even deeper. but then again, it will be a nice moment to buy some extra coins.

I wouldn't say fine, because nobody wants to see a coin (in this case bitcoin) falling down almost 50$(except those that want to buy at this stage), It's not a crash of course but fine is not. It's the 1st of the month and people get their salary on this time but maybe they are selling their additional savings on bitcoin because of the holiday that is in most of the countries.

randy8777

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everything is just fine as long as we are above the $600 price level. if we drop below $600 then it might tank even deeper. but then again, it will be a nice moment to buy some extra coins.

Shiroslullaby

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Yep. I've seen people state that if it drops to $610 the bottom will fall out and could go as low as $450.
Even if it does drop so low, I'm sure it will go back, its just a question of how long will it take?

kwukduck

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Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.

Topic: The panic dump is on! (Read 4175 times)