The proof of the Huge dump | Bitcointalksearch.org

oblivi

hero member

Activity: 700

Merit: 501

Quote from: xingming on February 24, 2015, 06:11:46 AM

Hello all,
Today I have a really bad news were the bitcoin price will drop alot next days
Heres my proof :

Selling 50K bitcoin : http://www.coindesk.com/us-marshals-auction-50000-bitcoins-march/

Mt Gox cheat users : http://www.coindesk.com/report-mt-gox-data-provides-more-clues-to-trading-bot-willy/

Bitcoin poker site hacked : http://www.coindesk.com/bitcoin-poker-site-seals-with-clubs-closes-after-security-compromise/

Bter hacked : http://www.coindesk.com/bter-bitcoin-stolen-cold-wallet-hack/

Lawyer ban bitcoin in Hong kong : http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/

Those huge loses will not let bitcoiners in peace , price will drop and bitcoiner will also lose confindence in their coins

All of these are already known among bitcoiners and none of these make the blockchain any less scure, hencefort any non clueless Bitcoin user shouldn't fear any of that. If you fear any of that get educated and you'll see is objectively non related to Bitcoin's superiority vs every other payment method ever.

Mikestang

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Quote from: NeuroticFish on February 24, 2015, 11:27:40 AM

Quote from: uki on February 24, 2015, 10:46:16 AM

There is always a third possibility (meaning both predictions are equally wrong) that we stay in a horizontal trend for a longer while. And that is what, I am afraid, is the most probable outcome right now. Long, boring horizontal trend that won't resolve until some substantial achievement is made, e.g., start of Gemini.

Though I wish Bitcoin to reach at least the stable "boring" long horizontal line, I have my doubts for that to happen.

Because when we reach that, the merchant adoption will go to the moon. Instead, while the trend is slowly downside, the merchants will just wait.

I think the block mining reward halving again next year is going to have much more of an impact of BTC value than anything else so far posted.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Here's my proof of a Huge Dump:

FUDsters gonna FUD!

pedrog

legendary

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Merit: 1031

Seals with Clubs was not hacked, that's a very stupid title for the article, SwC server was ceased by US government, security compromised not hacked...

Plus all funds are safe, I requested withdraw and was paid quickly.

xingming

sr. member

Activity: 322

Merit: 250

Writing to dispel society's myths.

Quote from: 600watt on February 24, 2015, 10:33:38 AM

thx op. read your post and instantly created a "buy" order for 100 coins.

Why buying Grin

you will loose them if you are patient . Bitcoin price will drop thats right but not forever

It can drop to 20 $ and increase to 70 in the next months .

NotLambchop

sr. member

Activity: 378

Merit: 254

^Approximately the number of new users, daily, needed to keep up with Bitcoin inflation Sad

spazzdla

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Quote from: NotLambchop on February 24, 2015, 11:24:10 AM

Quote from: spazzdla on February 24, 2015, 11:19:50 AM

The age of the media having the ability to destroy Bitcoin is long over. Your weapons of old will not help you banksters.

Raawwwr!

Gonna need 10 000 more of your type to even put a dent in.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

OH MAN!! All these bad news headlines. That's it!!! Angry

I've had it with Bitcom, I'm outta here! Now I'm gonna dump all my stash on BTER exchange from my Kipcoin wallet.

Dunzo.

NeuroticFish

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Looking for campaign manager? Contact icopress!

Quote from: uki on February 24, 2015, 10:46:16 AM

There is always a third possibility (meaning both predictions are equally wrong) that we stay in a horizontal trend for a longer while. And that is what, I am afraid, is the most probable outcome right now. Long, boring horizontal trend that won't resolve until some substantial achievement is made, e.g., start of Gemini.

Though I wish Bitcoin to reach at least the stable "boring" long horizontal line, I have my doubts for that to happen.

Because when we reach that, the merchant adoption will go to the moon. Instead, while the trend is slowly downside, the merchants will just wait.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: spazzdla on February 24, 2015, 11:19:50 AM

The age of the media having the ability to destroy Bitcoin is long over. Your weapons of old will not help you banksters.

Raawwwr!

spazzdla

legendary

Activity: 1722

Merit: 1000

The age of the media having the ability to destroy Bitcoin is long over. Your weapons of old will not help you banksters.

uki

legendary

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Merit: 1000

cryptojunk bag holder

Quote from: NeuroticFish on February 24, 2015, 10:37:25 AM

One thread predicts big rise of BTC price.
Another thread predicts the price to plummet.

That's nice. At least one has the chance to be right Grin

There is always a third possibility (meaning both predictions are equally wrong) that we stay in a horizontal trend for a longer while. And that is what, I am afraid, is the most probable outcome right now. Long, boring horizontal trend that won't resolve until some substantial achievement is made, e.g., start of Gemini.

NeuroticFish

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Looking for campaign manager? Contact icopress!

One thread predicts big rise of BTC price.
Another thread predicts the price to plummet.

That's nice. At least one has the chance to be right Grin

600watt

legendary

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thx op. read your post and instantly created a "buy" order for 100 coins.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: xingming on February 24, 2015, 06:11:46 AM

Hello all,
Today I have a really bad news were the bitcoin price will drop alot next days
Heres my proof :

Selling 50K bitcoin : http://www.coindesk.com/us-marshals-auction-50000-bitcoins-march/

Mt Gox cheat users : http://www.coindesk.com/report-mt-gox-data-provides-more-clues-to-trading-bot-willy/

Bitcoin poker site hacked : http://www.coindesk.com/bitcoin-poker-site-seals-with-clubs-closes-after-security-compromise/

Bter hacked : http://www.coindesk.com/bter-bitcoin-stolen-cold-wallet-hack/

Lawyer ban bitcoin in Hong kong : http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/

Those huge loses will not let bitcoiners in peace , price will drop and bitcoiner will also lose confindence in their coins

Someone bought the 50k bitcoins, sealwithclubs will re-open and the legality of Bitcoin is going in the correct direction in more countries than where it is going in the incorrect direction.

wolkirK

newbie

Activity: 3

Merit: 0

Quote from: NUFCrichard on February 24, 2015, 10:12:05 AM

Quote from: xingming on February 24, 2015, 06:11:46 AM

Hello all,
Today I have a really bad news were the bitcoin price will drop alot next days
Heres my proof :

Selling 50K bitcoin : http://www.coindesk.com/us-marshals-auction-50000-bitcoins-march/

Mt Gox cheat users : http://www.coindesk.com/report-mt-gox-data-provides-more-clues-to-trading-bot-willy/

Bitcoin poker site hacked : http://www.coindesk.com/bitcoin-poker-site-seals-with-clubs-closes-after-security-compromise/

Bter hacked : http://www.coindesk.com/bter-bitcoin-stolen-cold-wallet-hack/

Lawyer ban bitcoin in Hong kong : http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/

Those huge loses will not let bitcoiners in peace , price will drop and bitcoiner will also lose confindence in their coins

They don't write news articles to predict that someone will dump a load of coins. The auction won't be going through an exchange, so won't affect the price The rest of your links are all irrelevent.

You are a liar, last two auctions cause bitcoin dropped like a rock, most bitcoins bought at auctions at a much lower price go dump on the market exchangers right away

Other links are all telling the true story, things like these happened all the time from $1200 to $160, ignore them if you want but bitcoin price will go down

NUFCrichard

legendary

Activity: 1218

Merit: 1003

Quote from: xingming on February 24, 2015, 06:11:46 AM

Hello all,
Today I have a really bad news were the bitcoin price will drop alot next days
Heres my proof :

Selling 50K bitcoin : http://www.coindesk.com/us-marshals-auction-50000-bitcoins-march/

Mt Gox cheat users : http://www.coindesk.com/report-mt-gox-data-provides-more-clues-to-trading-bot-willy/

Bitcoin poker site hacked : http://www.coindesk.com/bitcoin-poker-site-seals-with-clubs-closes-after-security-compromise/

Bter hacked : http://www.coindesk.com/bter-bitcoin-stolen-cold-wallet-hack/

Lawyer ban bitcoin in Hong kong : http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/

Those huge loses will not let bitcoiners in peace , price will drop and bitcoiner will also lose confindence in their coins

They don't write news articles to predict that someone will dump a load of coins. The auction won't be going through an exchange, so won't affect the price The rest of your links are all irrelevent.

resya

sr. member

Activity: 294

Merit: 250

Never ever dump bitcoin. If someone else does, prepare yourselves to buy more. this dump is only happening 'cause dollar has risen a lot last day. No matter what the fiat does, buy bitcoin

D05GTO

sr. member

Activity: 406

Merit: 250

Guess you failed at reading. Just a few threads down, there's another similar thread with Huge Dump Incoming on it. Could have just posted your fud in there.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Actually, all these 'potentially negative' news prove something else. They all could have induced selling to some extent, as OP suggests. However, the price did not drop significantly, and instead just stayed within the previously established range. Meaning, we are probably observing sentiment change, which is a typical behaviour for the late stages of any trend. Ending a down trend takes usually a little while, so we may probably see some more unsuccessful attempts to drop the price further down on similar news.

Topic: The proof of the Huge dump (Read 2957 times)