Topic: Will there be an epic dump? - page 2. (Read 2398 times)
There will be another big whale dump over the next 1-2 hours. This is happening daily, watch and see!
Wow $2673.00 yeah the dump will happen soon. I suspect it will drop the price back down to about $600 just a guess
Oh you're right... I'm very angry, I was already seeing the $3000 door but my hopes are gone
@2double0
"The levels that this analyst suggested were to be touched based on Fibonacci levels, and charts are not to be trusted always in bitcoins because this market is too much speculative and goes its own way, I would say we may see a correction wave back to 2800 (where that analyst said that bitcoins should reach) after which it will crash back to 1450. But, as bitcoin is gaining importance as well as audience, so is everyone trying to get their hands on its fame to get popular themselves by "predicting" about it."
Really? Drop to $1400?
Is that the reason for the big drop just now?
it went up too fast based on pretty much nothing. it came down for the same lack of reasons. the air is thin at those levels.
From what I have noticed is that there are large amounts of coins being dumped at certain times of the day! The price drops $350 then they buy the coins again and sell them the next day when the price goes up and so on! There is no price correction here, this is market manipulation which worries me to be honest! I don't know how they are able to do that but that's not good for the Bitcoin market.
It's a possibility. According to the following article, we could either see a correction of 47%, or the price will jump to about $6000:
http://www.cnbc.com/2017/05/25/bitcoin-price-correction-record-high.html
The article then goes into stuff about fibonacci waves.
http://www.cnbc.com/2017/05/25/bitcoin-price-correction-record-high.html
Quote
Bitcoin is close to hitting a price that could see a 47 percent correction, according to one analyst, following a huge rally for the cryptocurrency that has led it to record highs.
On Thursday, bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.
Meanwhile, the number of long positions – those betting on bitcoin to rise – has risen 18.2 percent, while short positions – those thinking the cryptocurrency will fall – have declined 10 percent since the start of the week, showing that traders are getting more bullish on the cryptocurrency, according to data from Bitfinex.
One technical analyst, who looks at historical trading patterns to determine future price moves, told CNBC that the $2,800 could mark a level of resistance where the bitcoin pulls back
.On Thursday, bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.
Meanwhile, the number of long positions – those betting on bitcoin to rise – has risen 18.2 percent, while short positions – those thinking the cryptocurrency will fall – have declined 10 percent since the start of the week, showing that traders are getting more bullish on the cryptocurrency, according to data from Bitfinex.
One technical analyst, who looks at historical trading patterns to determine future price moves, told CNBC that the $2,800 could mark a level of resistance where the bitcoin pulls back
The article then goes into stuff about fibonacci waves.
Further to the post above, looks like the dump has started. If it pans out the way they predict, the bottom is about $1500. Be careful out there folks!
The levels that this analyst suggested were to be touched based on Fibonacci levels, and charts are not to be trusted always in bitcoins because this market is too much speculative and goes its own way, I would say we may see a correction wave back to 2800 (where that analyst said that bitcoins should reach) after which it will crash back to 1450. But, as bitcoin is gaining importance as well as audience, so is everyone trying to get their hands on its fame to get popular themselves by "predicting" about it.
It's a possibility. According to the following article, we could either see a correction of 47%, or the price will jump to about $6000:
http://www.cnbc.com/2017/05/25/bitcoin-price-correction-record-high.html
The article then goes into stuff about fibonacci waves.
http://www.cnbc.com/2017/05/25/bitcoin-price-correction-record-high.html
Quote
Bitcoin is close to hitting a price that could see a 47 percent correction, according to one analyst, following a huge rally for the cryptocurrency that has led it to record highs.
On Thursday, bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.
Meanwhile, the number of long positions – those betting on bitcoin to rise – has risen 18.2 percent, while short positions – those thinking the cryptocurrency will fall – have declined 10 percent since the start of the week, showing that traders are getting more bullish on the cryptocurrency, according to data from Bitfinex.
One technical analyst, who looks at historical trading patterns to determine future price moves, told CNBC that the $2,800 could mark a level of resistance where the bitcoin pulls back
.On Thursday, bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.
Meanwhile, the number of long positions – those betting on bitcoin to rise – has risen 18.2 percent, while short positions – those thinking the cryptocurrency will fall – have declined 10 percent since the start of the week, showing that traders are getting more bullish on the cryptocurrency, according to data from Bitfinex.
One technical analyst, who looks at historical trading patterns to determine future price moves, told CNBC that the $2,800 could mark a level of resistance where the bitcoin pulls back
The article then goes into stuff about fibonacci waves.
Further to the post above, looks like the dump has started. If it pans out the way they predict, the bottom is about $1500. Be careful out there folks!
Is that the reason for the big drop just now?
it went up too fast based on pretty much nothing. it came down for the same lack of reasons. the air is thin at those levels.
there's an army of noobs. noobs mean weak hands. none of them understand what they're getting into and they'll screw up eventually.
Is that the reason for the big drop just now?
there's an army of noobs. noobs mean weak hands. none of them understand what they're getting into and they'll screw up eventually.
LOL
There will be many EPIC dumps in the coming days. Btc exchanges will be flowing with red blood. Most of you reading this will lose everything, including the shirts on your back. Your wives and daughters will be selling their bodies, your sons will be selling their organs. Thank God for BTC!!!
There will be many EPIC dumps in the coming days. Btc exchanges will be flowing with red blood. Most of you reading this will lose everything, including the shirts on your back. Your wives and daughters will be selling their bodies, your sons will be selling their organs. Thank God for BTC!!!
After this epic rise I expect an epic dump but there seems to be no end to the BTC price increase. It goes up and up every day. Will the dump come? When?
I think there's no dump will happen after all country adoption of bitcoin is the reason why bitcoin price increase that much. Japan and Hawaii will led the market soon as the market cup of bitcoin it reach $40b Dollars already. Im pretty sure that there's no dump will happen agains bitcoin currency chances are probably but not that much.
Well there doesn't seem to be an end to the high demand. More and more people want in and the people who are already in want more. A significant correction is inevitable for sure. But another way of looking at it is that we are currently in a long overdue upwards correction. 
Chances are pretty much more after such kind of pump and parabolic rise....
It's a possibility. According to the following article, we could either see a correction of 47%, or the price will jump to about $6000:
http://www.cnbc.com/2017/05/25/bitcoin-price-correction-record-high.html
The article then goes into stuff about fibonacci waves.
http://www.cnbc.com/2017/05/25/bitcoin-price-correction-record-high.html
Quote
Bitcoin is close to hitting a price that could see a 47 percent correction, according to one analyst, following a huge rally for the cryptocurrency that has led it to record highs.
On Thursday, bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.
Meanwhile, the number of long positions – those betting on bitcoin to rise – has risen 18.2 percent, while short positions – those thinking the cryptocurrency will fall – have declined 10 percent since the start of the week, showing that traders are getting more bullish on the cryptocurrency, according to data from Bitfinex.
One technical analyst, who looks at historical trading patterns to determine future price moves, told CNBC that the $2,800 could mark a level of resistance where the bitcoin pulls back
.On Thursday, bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.bitcoin hit an all-time high of $2752.07, according to CoinDesk data, marking a 175 percent rally year-to-date.
Meanwhile, the number of long positions – those betting on bitcoin to rise – has risen 18.2 percent, while short positions – those thinking the cryptocurrency will fall – have declined 10 percent since the start of the week, showing that traders are getting more bullish on the cryptocurrency, according to data from Bitfinex.
One technical analyst, who looks at historical trading patterns to determine future price moves, told CNBC that the $2,800 could mark a level of resistance where the bitcoin pulls back
The article then goes into stuff about fibonacci waves.
What is the benefit? To collect more? isnt it too risky atm? There is no only 1 whale but many. There many whales that waiting for a dump to collect more. And when they collect price get even higher than before with the green trend. 
Yes why not? The price that BTC will need to pay back for this whole rise will be much more amplifying than it sounds at the moment. The crash is inevitable and mind well, when it will take place, it will shock everyone taking it back to $1000 or even less than that. The prices atm are too good to get out when big investors are investing currently.
i believe yes, this last increase above $2k is raising too damn fast, can't be genuine at all they are indeed manipulating now the market, the last one was more slow and could be legit due to increase adoption
but in less than one day 25% more is crazy, still i'm with those that think the dump will not make the price go under $1300 anymore
but in less than one day 25% more is crazy, still i'm with those that think the dump will not make the price go under $1300 anymore
There definitely will be pull back, but trying to time it is out of the question.
For all you know, Bitcoin could first rise to $5000 and then crash to $4000.
For all you know, Bitcoin could first rise to $5000 and then crash to $4000.
Please be right please be right please be right
I wouldn't like a new pump and dump scheme like we had few years ago, this would be the worst!
The only thing that is a bit worrying me is the difficulty of access of trading platforms!
You could expect they would have learned no? Well no! Not at all!!! This is stil completely ridiculous, you can barely have access to your account due to their pathetic servers not able at all to handle the number of orders transactions and people trying to buy and sell!
Yes but it could be from like $17k to 5k soo.................
There will be an epic dump? I don't think there will be, maybe it is just a correction but sooner or later the normal market of bitcoin rises very quick. And it's hard to believe just like what's happening today we haven't seen a small dump. But I guess the rally is real because of the demand after the scaling issue.
its true, back in 2013 15% was a slow day...
that said volumes are bigger so harder to move
that said said, the bigger it gets the more volume it can attract
think of how it was a big thing to go over $1, $10, $100 and it was, but now $100 movement is meh.
think about the absolute de-linkage between face value of fiat and actual value and how every other asset is rigged, the levels of corrupting and bad management.
that said volumes are bigger so harder to move
that said said, the bigger it gets the more volume it can attract
think of how it was a big thing to go over $1, $10, $100 and it was, but now $100 movement is meh.
think about the absolute de-linkage between face value of fiat and actual value and how every other asset is rigged, the levels of corrupting and bad management.
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