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Topic: Why no dump? (Read 1658 times)

sr. member
Activity: 294
Merit: 250
July 03, 2015, 06:04:21 PM
#24
why no hodl?
sr. member
Activity: 462
Merit: 251
July 02, 2015, 09:24:09 PM
#23
too many people are waiting for a drop as it has been happening so many times before. large traders know that. or more people are bullish now. that's also possible.

well, it looks like the movement of bitcoin is more dominated by the issue of existing factors, if yesterday the Greek issue will probably be a new issue, or as usually bitcoin will trun price slowly
hero member
Activity: 672
Merit: 503
July 02, 2015, 06:49:38 PM
#22
Because it's only a matter of time when it doesn't happen again and instead of a dump you get a panic buy.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
July 02, 2015, 05:27:52 PM
#21
It's because we are seeing something that we didn't see for a long time: optimism.

If you dump, you have to study the sentiment of the community. If there is fear or despair, you can short with high returns because also other hodlers will sell.

If there is optimism growing, it's not that easy, because many will pick up "da cheap coinz", and your short will have no or only a minimal ROI.
legendary
Activity: 896
Merit: 1000
July 02, 2015, 05:09:47 PM
#20
too many people are waiting for a drop as it has been happening so many times before. large traders know that. or more people are bullish now. that's also possible.
hero member
Activity: 896
Merit: 1000
July 02, 2015, 03:21:51 PM
#19
Because maybe people are bored of taking 10 USD profits per coin. The halving is next summer, if you buy BTC at 250 USD why do you want to sell on a mini pump to 260-265? The price will probably go to at least 400-450 next summer because of the halving & that's not even allowing for Gemini opening, ETF regulation etc.

My advice is to HODL your BTC for at least 2-3 years, see where the price goes. I really doubt it's going to go down much if at all. BTC is gaining more exposure, more positive media coverage. I wouldn't sell 1 satoshi at this price, I'm dreaming of way bigger. There will be no huge dump now, not from this price.

Bitcoin is more popular than ever, it will be used eventually. So the price will react accordingly.
sr. member
Activity: 266
Merit: 250
July 02, 2015, 03:17:09 PM
#18
In the last few weeks and months when the price gets to over $240 there is usually a dump to $220. It seemed like a whale was dumping the price to keep it at that level. But now there has been no dump. What is happening?

Because maybe people are bored of taking 10 USD profits per coin. The halving is next summer, if you buy BTC at 250 USD why do you want to sell on a mini pump to 260-265? The price will probably go to at least 400-450 next summer because of the halving & that's not even allowing for Gemini opening, ETF regulation etc.

My advice is to HODL your BTC for at least 2-3 years, see where the price goes. I really doubt it's going to go down much if at all. BTC is gaining more exposure, more positive media coverage. I wouldn't sell 1 satoshi at this price, I'm dreaming of way bigger. There will be no huge dump now, not from this price.
agree with you, maybe now who holding bitcoin get boring when he/she look price in chart. we need some fresh price guys, so holding your bitcoin that will help bitcoin price
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
July 02, 2015, 12:21:18 PM
#17
In the last few weeks and months when the price gets to over $240 there is usually a dump to $220. It seemed like a whale was dumping the price to keep it at that level. But now there has been no dump. What is happening?

Because maybe people are bored of taking 10 USD profits per coin. The halving is next summer, if you buy BTC at 250 USD why do you want to sell on a mini pump to 260-265? The price will probably go to at least 400-450 next summer because of the halving & that's not even allowing for Gemini opening, ETF regulation etc.

My advice is to HODL your BTC for at least 2-3 years, see where the price goes. I really doubt it's going to go down much if at all. BTC is gaining more exposure, more positive media coverage. I wouldn't sell 1 satoshi at this price, I'm dreaming of way bigger. There will be no huge dump now, not from this price.
member
Activity: 112
Merit: 10
July 02, 2015, 12:02:29 PM
#16
Because there are a big walls on bitfinex
legendary
Activity: 1036
Merit: 1000
Thug for life!
July 02, 2015, 09:41:37 AM
#15
Tadaaa. And it will continue to crash back to 200-220 the upcoming days.
I hope finally some of you will wake up now and realize this is nothing more than the latest whale pump-n-dump.

Haters gon' hate.



when was the last time we saw 200 ? it would be pretty hard to see 200 looking at the order books there nets to be a hold lot of dump to make that happen.
Q7
sr. member
Activity: 448
Merit: 250
July 02, 2015, 09:38:51 AM
#14
I wouldn't call it a dump. It's more or less like a price adjustment after a rally. If you compare that with the foreign exchange market I believe you are basically seeing the same thing happening all the time.
legendary
Activity: 3248
Merit: 1070
July 02, 2015, 09:30:01 AM
#13
it isn't crashing as long as it remain above 250, and inside the new consolidate range which is 250-275

so if we do not return to the previous floor(220-240/250) we are fine, anyway the Grexit hype is over so a small return to the previous mark was expected
legendary
Activity: 1937
Merit: 1001
July 02, 2015, 08:06:29 AM
#12
Tadaaa. And it will continue to crash back to 200-220 the upcoming days.
I hope finally some of you will wake up now and realize this is nothing more than the latest whale pump-n-dump.

Haters gon' hate.

hero member
Activity: 994
Merit: 1000
July 02, 2015, 07:43:57 AM
#11
I think a major price fluctuation is happening due to Greece default hype. The fluctuation is usually high during the weekends and a little stable during the mid week. I think it is nice that the price seems to be a little stable, let the weekend happen, I think there might be rise in price. Lets hope for best
full member
Activity: 149
Merit: 100
In God Im Trust
July 01, 2015, 05:23:04 AM
#10
In the last few weeks and months when the price gets to over $240 there is usually a dump to $220. It seemed like a whale was dumping the price to keep it at that level. But now there has been no dump. What is happening?

because whales hold his bitcoin, i see more green ( buy) in this https://bitcoinwisdom.com/markets/bitstamp/btcusd

My prediction hard dump will we see at price 300$ Smiley
8up
hero member
Activity: 618
Merit: 500
July 01, 2015, 05:14:31 AM
#9
Patience, the dump is coming, it will take us back to 220$, and then later below 200$.

This is it. Crypto is done.  Shocked

I see 220 coming. After that stepping out sideways of the (now breached log downtrend). Significant rise not before September.

legendary
Activity: 2170
Merit: 1094
July 01, 2015, 05:11:37 AM
#8
Patience, the dump is coming, it will take us back to 220$, and then later below 200$.
sr. member
Activity: 296
Merit: 250
July 01, 2015, 05:09:35 AM
#7
There might not have been a dump to 220 but it's dropping to the low 250s. I expected a minor correction to the pump but didn't expect it would drop this low so quickly. One thing that worries me is the buy wall on Bitfinex has small regularly spaced steps from 235 to 250. They look artificial to me, like a bot's work, and if that's true they could be removed in less than a second.
hero member
Activity: 994
Merit: 1000
PUGG.io
July 01, 2015, 03:50:31 AM
#6
see, as of today bitcoin price is coming towards 250dollar mark . And acc. To my calculations on weekends the bitcoin price goes up and at mid of the week it goes down again. And there is a major factor that more and more countries are adapting bitcoin, so it's price will fluctuate very much.
legendary
Activity: 3248
Merit: 1070
July 01, 2015, 03:41:31 AM
#5
the trend is changing a bit toward more demand and less dumping, i suspect even miners are holding, if they do not need to pay urgently their huge bills

and what did you think , that we would be forever to 220, or sub 200?, don be fooled by those fud and trollers, there is no sub 200, the bottom was there, in front of your eyes for months, prepare for a rally now, hopefully a steady one
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