Topic: What caused 200 buck drop last 3 weeks? - page 2. (Read 2690 times)
id say its a combination of morons and some smart whales stop hunting for moron's stops.
Chinese bagholders turned pandas. Otherwise, a normal market movement.
How much coin got dumped today?
I have read in the forum that the drop could have been caused by ethereum devs cashing out.
No, the volumes dumped across the exchanges comparative to the withdrawals of the Eth address (which is public) do not align.
Maybe whales who wanted to manipulate the market, not sure about this.
I have read in the forum that the drop could have been caused by ethereum devs cashing out.
Morons.
that about covers it.
whomever that guy was that dumped 10k coins on btc-e obviously did not obtain them above a $350 costbase...
Morons.
that about covers it.
whomever that guy was that dumped 10k coins on btc-e obviously did not obtain them above a $350 costbase and obviously didnt have the brain power to cash out at any of the previous high's.
basically anyone selling while bitcoin is at a low is considered either moronic or just desperate to go back to the paper money. and im truly glad that they are no longer holding bitcoins.
good riddance to that moron, atleast we can now look forward to all of the fresh buyers getting the cheap coins, and hope they are smarter to not sell at a loss in the future, to help re-inforce market resistance points to prevent sheeple/morons causing too many of these events.
So what's the concensus?
Speaking as an extremely intelligent person, I'm afraid I couldn't begin to guess at the motives of the extremely stupid.It boggles my mind how anyone still values the dollar worth a damn even more than it boggles my mind that people haven't figured out high precious and undervalued Bitcoin is.
Still, these are early days. The end result is easily predicted for those with a cursory understanding of the principles of mathematics who also possess strong pattern recognition abilities.
Here, this will help you understand: https://www.youtube.com/watch?v=qHUPPYzzZrI
This is the question that no one can answer with sure. Some say that August things are not good in all investment world, other because of some altcoins, or that we are under manipulation.
No big fall this year worried me, because all of them had some clear reason, until now. Prices falling without reason is a strong sign we might be bursting a bubble.
No big fall this year worried me, because all of them had some clear reason, until now. Prices falling without reason is a strong sign we might be bursting a bubble.
watch september instead ...
Morons.
So what's the concensus?
Huge drop last 3 weeks
655 high
460 today
Any opinions
Huge drop last 3 weeks
655 high
460 today
Any opinions
Jump to: