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Topic: why bitcoin is dumped so hard? - page 2. (Read 3012 times)

copper member
Activity: 924
Merit: 1007
hee-ho.
August 19, 2015, 08:56:22 AM
#35
I thought something like this would happen, just not so soon.
most investor don't care to learn the truth about the block size debate, they only care about their pockets, give them one reason that bitcoin might be dead in the next few months and they'll move to something more safe.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
August 19, 2015, 07:31:03 AM
#34
Pre-fork coins worth much more than after-fork coins
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
August 19, 2015, 07:24:32 AM
#33
Its pretty gross how easy it is to manipulate.
member
Activity: 176
Merit: 10
MeVu
August 19, 2015, 07:20:49 AM
#32
If bitcoin price again go down after you buy, what you do? instead pray for going high and buy now.

uhh it is so simple to answer - of course HODL - what else?

it is not end of the world or some kind of drama. you have to just relax, focus more something else and check price later. and of course that one bitcoin is 1BTC tomorrow or day after. Why is everybody stressing and spreading panic?
1BTC today will be less tomorow if the fork happens
sr. member
Activity: 294
Merit: 250
★YoBit.Net★ 200+ Coins Exchange & Dice
August 19, 2015, 06:58:45 AM
#31
It s a dirty Job but someone have to do it.
legendary
Activity: 952
Merit: 1005
--Signature Designs-- http://bit.ly/1Pjbx77
August 19, 2015, 05:31:33 AM
#30
This is what happens when we start involving politics and forcing updates with a 'fork'. I knew that nothing really good could have come out of this. The news articles about investors panicking were somewhat right.

I believe you are right. The actual forking does little harm, it's the politics that worries investors. If I am an investor, I would sit on the sideline and wait this one out.

Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.

I do not want to admit it, but the drop from $255 to $225 was quite "hard". Last time price fell like that was in March/April.
hero member
Activity: 578
Merit: 554
August 19, 2015, 05:27:14 AM
#29
Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.

not hard? 40k btc dump to 162$….if this not hard? what is hard for you?

https://cryptowatch.de/bitfinex/btcusd/1hr

Looking at the charts it's starting to feel like the good old days with $70 swings in minutes. The past six months have been a period of new-found stability in the Bitcoin market, stability is not the norm for Bitcoin at all. With more institutional traders getting involved it almost makes me wonder if we'll be able to see another bubble with how quick traders are to take profit during rallies.
hero member
Activity: 578
Merit: 554
August 19, 2015, 05:24:12 AM
#28
Everything was dumped and rebuyed in minutes.
Lots of people craving for cheap coins.

This is only the beginning.

Gotta love that flash crash, I wish I was able to pick up more cheap coins! The recovery was pretty quick back up to $230~

Do you mean the beginning of more dumps?
legendary
Activity: 1316
Merit: 1481
August 19, 2015, 05:22:18 AM
#27
Everything was dumped and rebuyed in minutes.
Lots of people craving for cheap coins.

This is only the beginning.
legendary
Activity: 2674
Merit: 3000
Terminated.
August 19, 2015, 05:21:31 AM
#26
This is what happens when we start involving politics and forcing updates with a 'fork'. I knew that nothing really good could have come out of this. The news articles about investors panicking were somewhat right. Let's just hope that Bitcoin can overcome this and become stronger than ever.

Also, this thread is in the wrong section.
hero member
Activity: 666
Merit: 500
August 19, 2015, 05:19:20 AM
#25
Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.

not hard? 40k btc dump to 162$….if this not hard? what is hard for you?

https://cryptowatch.de/bitfinex/btcusd/1hr
legendary
Activity: 1512
Merit: 1012
August 19, 2015, 05:15:47 AM
#24
Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.
full member
Activity: 201
Merit: 100
August 19, 2015, 05:12:26 AM
#23
Catch the Falling knife I dares ya!  Cheesy
member
Activity: 112
Merit: 10
August 19, 2015, 05:02:42 AM
#22
i don't think its been dumped hard...............yet  Shocked

seriously though i don't think the dump was about the fork debate/war but more someone or group, trying to panic the market for quick profits, as it was triggered too instantly.

The price is now at what you would expect it to be without the Greek hype. Seeing the price development for the past year we are spot on target with a price ranging from 220 to 250.

I think we have to wait a few days to see if there is a panic or just a correction.
legendary
Activity: 1876
Merit: 1000
August 19, 2015, 04:35:27 AM
#21
i don't think its been dumped hard...............yet  Shocked

seriously though i don't think the dump was about the fork debate/war but more someone or group, trying to panic the market for quick profits, as it was triggered too instantly.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
August 19, 2015, 04:32:29 AM
#20
I like it when the people sell, with any small bump in the road. We getting rid of the speculators and we pick up some cheap coins.
Let them panic, so that we may profit. We have seen this many times before and we will still see it for many years to come. 
This developer war to see who has the biggest support, is just a smoke screen for the real explosion to come in 2016.
legendary
Activity: 2380
Merit: 1150
August 19, 2015, 02:41:26 AM
#19
Many main media published the "Fork-Story" yesterday - this was basically an announcement of a dump. As always. Shut, just went to bed, checked the price again and saw it down on 161. Could byte my arse didn't stand up to buy some...
legendary
Activity: 3248
Merit: 1070
August 19, 2015, 02:38:10 AM
#18
So at the very least you have 4 more months with lots of FUD, bad news and no buyers. That could be topped off with a screwed up fork that renders bitcoin completely worthless.

Good luck for ya. Doesn't look good. Shit is on TV too. Your friends gonna give you the looks, that's for sure.

i think everyone should simply forget about bitcoin until the halving, then turn back here and you will see a nice surprise, let this whole mess resolve first, ignore bitcoin for the time being

newbie
Activity: 50
Merit: 0
August 19, 2015, 02:26:43 AM
#17
Damn, the price was steady before, but btc is crashing today again, unluckily I didn't dump my bitcoin when it was 300 USD, still have 7-8 bitcoins now, why btc is crashing again???   Huh

Developers muddy the waters, and that the price falls
full member
Activity: 150
Merit: 100
August 19, 2015, 02:19:00 AM
#16
So at the very least you have 4 more months with lots of FUD, bad news and no buyers. That could be topped off with a screwed up fork that renders bitcoin completely worthless.

Good luck for ya. Doesn't look good. Shit is on TV too. Your friends gonna give you the looks, that's for sure.
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