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Topic: There is an epic shakeout coming this year before the giga-spike. - page 2. (Read 8154 times)

hero member
Activity: 770
Merit: 504
This will not be pretty.

Especially when the shakeout comes but the giga-spike doesn't.

Bitcoin is probably going to $8000 - $25,000 a coin.  But not quite yet.
hero member
Activity: 770
Merit: 504
That was a fundamental event; SR shut down.
Kinda ridicolous to claim the same thing will happen again...
 
 
 Wink 
 
sr. member
Activity: 406
Merit: 250
This will not be pretty.

Especially when the shakeout comes but the giga-spike doesn't.
legendary
Activity: 1722
Merit: 1000
The shakeout has begun.  This will not be pretty.
sr. member
Activity: 280
Merit: 300
I hope the mega shakeout is still to come.  If price drops im more than confident it will rise back up and beyond again and it will allow me to pick up more bitcoin for my money.  Probably won't even be a shakeout now.

The price drop was to be expected. I am holding like  planned to do. But I am confident many of us will choose to sell which is the same as panic selling.
Just remember if not this year then next year the price can and will go higher.

For giggles, look at BTC-e.

BTC-e is quite lagging from those two 20€ drops (and one rise).
legendary
Activity: 924
Merit: 1000
The drop surprised me, but it's close to the halving now. Prolly the "sell on the news" effect. Can't change the fact that Bitcoin's on a solid bull run.
member
Activity: 106
Merit: 10
I had gut feeling yesterday that it will drop hard. But I didn't sell because "hold for dear life".

Wild drops indeed.

me too. seriously kicking myself today for not trusting the gut.
newbie
Activity: 28
Merit: 0
I hope the mega shakeout is still to come.  If price drops im more than confident it will rise back up and beyond again and it will allow me to pick up more bitcoin for my money.  Probably won't even be a shakeout now.

The price drop was to be expected. I am holding like  planned to do. But I am confident many of us will choose to sell which is the same as panic selling.
Just remember if not this year then next year the price can and will go higher.

For giggles, look at BTC-e.
hero member
Activity: 714
Merit: 500
I hope the mega shakeout is still to come.  If price drops im more than confident it will rise back up and beyond again and it will allow me to pick up more bitcoin for my money.  Probably won't even be a shakeout now.

The price drop was to be expected. I am holding like  planned to do. But I am confident many of us will choose to sell which is the same as panic selling.
Just remember if not this year then next year the price can and will go higher.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
I hope the mega shakeout is still to come.  If price drops im more than confident it will rise back up and beyond again and it will allow me to pick up more bitcoin for my money.  Probably won't even be a shakeout now.
newbie
Activity: 28
Merit: 0
I could be wrong, but it seems like everything is fairly steady for now.

Looks exactly like it did after the first leg - straight-down drop, slight overshoot and ringing correction.
legendary
Activity: 1218
Merit: 1007
well it's pretty obvious it's happening right now.

great time to hold or buy. Depending on if you have any spare fiat laying around.

If you sell now, you're a weak hand, and bitcoin is not for you.

Give Peggy his due, he did call it.
Buying now is absurd, there is no bottom.
It looks like Bitcoin might be stopping around $619/$620 now, so there might finally be a bottom. Maybe it'll slip a bit lower, but the market is seemingly showing enough support around low high teens/low twenties that it shouldn't slip too much from here.

I could be wrong, but it seems like everything is fairly steady for now.
sr. member
Activity: 280
Merit: 300
I had gut feeling yesterday that it will drop hard. But I didn't sell because "hold for dear life".

Wild drops indeed.
newbie
Activity: 28
Merit: 0
well it's pretty obvious it's happening right now.

great time to hold or buy. Depending on if you have any spare fiat laying around.

If you sell now, you're a weak hand, and bitcoin is not for you.

Give Peggy his due, he did call it.
Buying now is absurd, there is no bottom.
legendary
Activity: 1638
Merit: 1046
The stock market is for kids, bitcoin is for hard rockers: with this price movement only people with good nerves and a strong heart could handle this trading.

Interesting times ahead: I still hope for the moon soon
Yeah very hard to predict the price right now many people are still waiting what will happen after block halving if the price will still increase more or not..
The price spikes right now is weird instead of increasing its gradually decreases..
member
Activity: 111
Merit: 10
It will go lower!!!

Sell now and buy moar later!
legendary
Activity: 1106
Merit: 1005
well it's pretty obvious it's happening right now.

great time to hold or buy. Depending on if you have any spare fiat laying around.

If you sell now, you're a weak hand, and bitcoin is not for you.
newbie
Activity: 28
Merit: 0
More dumps today.  $620 breached. 
 
https://i.imgur.com/XTTuibW.jpg

Flying horse knows his stuff. Can confirm, is happening.
sr. member
Activity: 280
Merit: 300
More dumps today.  $620 breached. 
 


I took nap today, woke up in epileptic like attack and then looked at this chart  Huh

Looks like my brain can sense dump whales will  Cool

legendary
Activity: 2310
Merit: 1422
The stock market is for kids, bitcoin is for hard rockers: with this price movement only people with good nerves and a strong heart could handle this trading.

Interesting times ahead: I still hope for the moon soon
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