Topic: Why bitcoin is about to drop hardcore because of new investors low knowledge (Read 608 times)
July 28, 2017, 06:50:51 PM
Heres a reply to all: I think the price increase now is just a pump and dump ploy. Im holding a really small amount of btc in software wallet, but I still see a large crash. Im not a goldman investor or whatever, just a CS guy. No doubt that the gdax/coinbase message is really scareing new investors into not doing anything just hodl. Really didnt see why btc didnt push past 3000 on signaling, seems like scare tactics to get the price up and scoop up the low ones later and have the hodl'ers do their thing for long term. Short term, crash. Got fiat waiting to ride the wave on an alt like ltc. Good luck on your bets everyone. Btc is still king, just people arent willing to pay the high prices its really worth now.
July 28, 2017, 06:19:27 PM
Whats up guys. Trying to piece together whats going on with crypto and wanted to see what other people thought about what I was thinking was going on.
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
I dont think that we are going to experience a drop of price, most investors seems to have read and now know whats going to happen on August 1, previously investors were just selling to their fears of the marlet crashing thus losing their money but it seems thats not the case anymore. *BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
July 28, 2017, 05:25:16 PM
Whats up guys. Trying to piece together whats going on with crypto and wanted to see what other people thought about what I was thinking was going on.
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
So FUD no. xxxx. I don't see a large drop in pricing. Its only about 2 days (from my date) that the most dreaded date in bitcoin history will come. So by now, if there is a large portion of people dumping bitcoin it shoud be happening by now. But I haven't seen anything of activity activity happening. The price could drop yes, but I don't think that it will be significant as you pictured it. And it ever it will drop, it will not be 9 months. Too many technical analysis right now, you people should get a job at goldman&sachs or go for industry like stock market so that can used your expertise more.
July 28, 2017, 05:24:03 PM
there will never, ever be another 2014/15.
there'll be tons of crashes to come but that was driven by things that'll never exist again - chinese fever, gox bots, maybe gox coins being sold, chinese casinos crushing the price for years on end.
anyone betting on price action over a multi month period is nuts. it's impossible.
and new investors don't have enough money to influence the market.
there'll be tons of crashes to come but that was driven by things that'll never exist again - chinese fever, gox bots, maybe gox coins being sold, chinese casinos crushing the price for years on end.
anyone betting on price action over a multi month period is nuts. it's impossible.
and new investors don't have enough money to influence the market.
July 28, 2017, 05:17:58 PM
Interesting analysis, however I think we're about to be trolled on Aug 1st. A lot of people cashed out to fiat hoping for a big dip to buy low, and I have a feeling that that is NOT going to happen. Not from new investors, not from weak hands, not from some strong hands even. I think there is going to be a bit of a lag in buying, followed by a big rush (maybe even before aug1).
July 28, 2017, 05:07:30 PM
Whats up guys. Trying to piece together whats going on with crypto and wanted to see what other people thought about what I was thinking was going on.
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
So it's based on your speculation that rehistory will happen after chain split and we will see another decline in 9 months like we did in the past ?
Here's my answer for every of your points :
* Even thought BIP has 80% but 20% people still believe in BCC because of profitability and network speeds,it's not they're low knowledge or stupid but they do it purposely,20% who's choosing to support BCC wasn't an idiot they're 'the big miners'.they do it because they 'believe' that Bitcoin has no future and a lot of problem will happen in the future.Just like Garvin back then shilling about Bitcoin,they're in the same team.
*I don't think so,on contrary Bitcoin price slowly climb up.it happened because some of them already regained their confident about Bitcoin because of BIP and some of them don't wanna to miss the Airdrop ( easy money obviously )
*Another drop may be will happen after splitting,but that won't that deep because some people not that stupid to sell their Holding just for Clone
July 28, 2017, 04:29:50 PM
Whats up guys. Trying to piece together whats going on with crypto and wanted to see what other people thought about what I was thinking was going on.
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
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