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Topic: This time is different - page 2. (Read 306 times)

hero member
Activity: 628
Merit: 500
December 22, 2017, 12:17:45 PM
#4
This is a massive dump, but there is nothing to be worried about because the price will recover sooner or later.
Why do you think that it touched $10,200 and now it is upto $13,300? Because they are re-buying again.

Why would anyone buy something that doesn't work? Bitcoin is completely blocked, average transaction cost is $55, there are 280 000 unconfirmed transactions, plus there is no legit solution for this problem.
full member
Activity: 336
Merit: 102
Get Ready to Make money.
December 22, 2017, 12:03:25 PM
#3
This is a massive dump, but there is nothing to be worried about because the price will recover sooner or later.
Why do you think that it touched $10,200 and now it is upto $13,300? Because they are re-buying again.
jr. member
Activity: 154
Merit: 8
SODL
December 22, 2017, 11:59:01 AM
#2
Of course. The big whales have sold everything (creator of bitcoin.com, creator of litecoin etc). Hedgefunds are short and are going to drive this down. Japanese margin traders will get autosold and a general sense of reason is entering the media, that a coin with $50 fee per transaction and only 7 transactions per second might not be the coin of the future, LOL.
legendary
Activity: 2198
Merit: 1311
December 22, 2017, 11:47:49 AM
#1
I'm being serious. This drop is different. The number of people involved is enormous (e.g. cryptomoms). Bitcoin (and ultimately all cryptos) will not recover from this one. Too many people will be burned here for the market to sustain itself. We're finally (finally!) at the beginning of the end. I've confirmed this with multiple sources.
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