BITCOIN DONE - SELL NOW $708. DONT be DROWNING with the ship.

[LeahMichele]

really

No it doesnt. It 100% cant anymore. It closes down long before dropping 20%. I said the stock market, not individual stocks. The stock market absolutely cannot go down 20% in 2 days.

[LeahMichele]

means little to most of us...

Exactly and u are the most gung ho bitcoin crowd I have ever seen yet it means shit to you beyond helping you to fund illegal transfers and to others its a pie in the sky get rich quick scam. IE. "Bitcoins gonna be $200,000". Lol. "Means little to most of us". Thats not a real glowing endorsment.

[LT Profits]

Means a lot to those of us that are actually invested in Btc. But like I said, no need to keep close tabs until after July 10th, some wild fluctuations before the halving are expected.

[Sam Odom]

Safe to say... Most in Forumville use btc to transfer money therefore holding for a short period of time

Some Speculate

[LT Profits]

Safe to say... Most in Forumville use btc to transfer money therefore holding for a short period of time

Some Speculate

Right, and for those that only use btc as a means to transfer money, the price is meaningless and obsessing over price is pointless.

[jjgold]

most here are not investing in Bitcoin, it is too costly

[Sam Odom]

JJ ... how many Bitcoins are you holding right how ?

Sammy = 1.7

Others are in cash accts

[ThaWoj]

It also does matter for us who play at btc books and retain a balance

[Sam Odom]

only true btc book using now is Nitro , have used others

rarely leave btc there overnight

[ThaWoj]

633 now yikes

[themike78]

It will be worth 5 cents in a year. No way this thing catches on. Only good for online book transfers.

[LT Profits]

It will be worth 5 cents in a year. No way this thing catches on. Only good for online book transfers.

Not even close to being true. Bitcoin is well-traded by a lot of people that know nothing about betting sports.

[Russian Rocket]

Just briefly touched a $594 mark

These 10% wild back and forth daily swings are fun to watch...The best part - no one knows why it's happening.

[ACoochy]

Just briefly touched a $594 mark

These 10% wild back and forth daily swings are fun to watch...The best part - no one knows why it's happening.

I thought it partially correlated with polling coming out of Britain pertaining to Brexit.

Latest polls look like they may stay within the EU thus partially explaining the speculative correction...

[Russian Rocket]

I thought it partially correlated with polling coming out of Britain pertaining to Brexit.

Latest polls look like they may stay within the EU thus partially explaining the speculative correction...

Are you sure it's not because Vladimir Putin is planning to fly with the pack of cranes next week?

[El Nino]

Just briefly touched a $594 mark

These 10% wild back and forth daily swings are fun to watch...The best part - no one knows why it's happening.

Pretty sure it's because Vefas got a hockey team.

[ACoochy]

Are you sure it's not because Vladimir Putin is planning to fly with the pack of cranes next week?

Those cranes look dodgy...

I wouldn't trust them...

[Russian Rocket]

Pretty sure it's because Vefas got a hockey team.

[Russian Rocket]

Those cranes look dodgy...

I wouldn't trust them...

Cooch, you'd be amazed at what kind of shit you can run on just 4 AA batteries.

[raiders72001]

Just briefly touched a $594 mark

These 10% wild back and forth daily swings are fun to watch...The best part - no one knows why it's happening.

Bitfinex going down started it. When there's a problem at a major exchange there will be a huge drop, volatility and then the dust will settle. The unknown is when it settles.

The same just happened with ETH, DAO and LSK. The DAO was hacked and the prices of the three tumbled. ETH and LSK are recovering. The DAO made a slight recovery but it's now going down again.

[Russian Rocket]

Bitfinex going down started it. When there's a problem at a major exchange there will be a huge drop, volatility and then the dust will settle. The unknown is when it settles.

The same just happened with ETH, DAO and LSK. The DAO was hacked and the prices of the three tumbled. ETH and LSK are recovering. The DAO made a slight recovery but it's now going down again.

yeah there will be a huge drop...those drops that you're referring to usually happen right after the hack...not 2-3 days later

this is a clear pump and dump by a few big players...you don't have to be a genius to figure this out

just look at the volume...look at the size of the blocks that drive price up and down - they're all pretty much identical to each other

[raiders72001]

yeah there will be a huge drop...those drops that you're referring to usually happen right after the hack...not 2-3 days later

this is a clear pump and dump by a few big players...you don't have to be a genius to figure this out

just look at the volume...look at the size of the blocks that drive price up and down - they're all pretty much identical to each other

It's not happening that way. Bitcoins have been trading for a long time and the same pattern has been followed immediately or at a slight delay. It's when the fear spreads. This isn't something new. What you describe happens with alt-coins.

[Russian Rocket]

It's not happening that way. Crypto-currencies have been trading for a long time and the same pattern has been followed immediately or at a slight delay. It's when the fear spreads. What you describe happens with alt-coins.

don't kid yourself...it happens everywhere...especially with a low-volume trading currency like BTC

[raiders72001]

don't kid yourself...it happens everywhere...especially with a low-volume trading currency like BTC

You can't make a blanket statement and call every huge price move a pump and dump. It's not happening here. Lots of things have caused movements in the past. Yuan, VAT, etc.

[LeahMichele]

$596. Down 11% or so today

[Russian Rocket]

You can't make a blanket statement and call every huge price move a pump and dump. It's not happening here. Lots of things have caused movements in the past. Yuan, VAT, etc.

This is not a blank statement...I told you what to look for. The size of those blocks that drive the price up and down doesn't lie.
You need to learn how to read these charts, buddy. To me, the picture is clear as day.

[raiders72001]

This is not a blank statement...I told you what to look for. The size of those blocks that drive the price up and down doesn't lie.
You need to learn how to read these charts, buddy. To me, the picture is clear as day.

Read the bitcoin and crypto-currency publications. Read what's written in the chat boxes at the exchanges. No one but you is attributing this bitcoin move to a pump and dump by 2 or 3 people.

[ThaWoj]

Raiders-

Is there a round about number that you feel this slide will start to plateau? I'm trying to decide if I should cashout my nitrogen winnings/balance tonight or let it sit. I've already lost money today considering I bought this morning at 652. Id be happy to take 620ish. I'm just worried this thing is gonna dip below 500 tomorrow

[Russian Rocket]

Look at the bitcoin and crypto-currency publications. Read what's written in the chat boxes at the exchanges. No one but you is attributing this bitcoin move to a pump and dump by 2 or 3 people.

I don't like to base my opinion on pebbles that someone posted on Reddit.
I do read them though...and some of those posters make valid points.

What I'm saying here is there is a lot more to this story. If you've ever traded anything other than BTC, you'd know what I'm talking about.

The price manipulation happens market-wide...and BTC is not immune to that, regardless whether you wanna accept this or not. If anything, bitcoin market is a lot easier to manipulate, than stock market or forex, because of the low trading volume.

[raiders72001]

Raiders-

Is there a round about number that you feel this slide will start to plateau? I'm trying to decide if I should cashout my nitrogen winnings/balance tonight or let it sit. I've already lost money today considering I bought this morning at 652. Id be happy to take 620ish. I'm just worried this thing is gonna dip below 500 tomorrow

I wish that I knew in this case but I have no idea. Sorry

[QuantumLeap]

Bitfinex going down started it. When there's a problem at a major exchange there will be a huge drop, volatility and then the dust will settle. The unknown is when it settles.

The same just happened with ETH, DAO and LSK. The DAO was hacked and the prices of the three tumbled. ETH and LSK are recovering. The DAO made a slight recovery but it's now going down again.

It wasn't hard to see DAO going up yesterday and it took hours, not just a few minutes. Lots of money to be had here.

For my money SIAcoin is the horse I'm riding long term until I see a significant correction. A lot of these crypto coins have dead-cat bounces and people get excited about them going back up but if you look long range over a couple months you can usually pick those out. SIAcoin has a good past record.

[raiders72001]

I don't like to base my opinion on pebbles that someone posted on Reddit.
I do read them though...and some of those posters make valid points.

What I'm saying here is there is a lot more to this story. If you've ever traded anything other than BTC, you'd know what I'm talking about.

The price manipulation happens market-wide...and BTC is not immune to that, regardless whether you wanna accept this or not. If anything, bitcoin market is a lot easier to manipulate, than stock market or forex, because of the low trading volume.

From reading your posts above, you don't understand bitcoins and block size.

[raiders72001]

It wasn't hard to see DAO going up yesterday and it took hours, not just a few minutes. Lots of money to be had here.

For my money SIAcoin is the horse I'm riding long term until I see a significant correction. A lot of these crypto coins have dead-cat bounces and people get excited about them going back up but if you look long range over a couple months you can usually pick those out. SIAcoin has a good past record.

good stuff, I'll check it out. I'm always looking at the cryptos. ETH is my big one long term.

[QuantumLeap]

I don't like to base my opinion on pebbles that someone posted on Reddit.
I do read them though...and some of those posters make valid points.

What I'm saying here is there is a lot more to this story. If you've ever traded anything other than BTC, you'd know what I'm talking about.

The price manipulation happens market-wide...and BTC is not immune to that, regardless whether you wanna accept this or not. If anything, bitcoin market is a lot easier to manipulate, than stock market or forex, because of the low trading volume.

Bitcoin is not immune to manipulation as any commodity is. But Bitcoin has a market cap of over $9 billion. For it to go up 20% in price and then back down would take an influx of just under $2 billion. It's much, much easier to manipulate individual stocks with lower market caps.

Besides, bitcoin is geographically widely dispersed. Investors are from all over the world. It's much harder to influence the price based upon local news.

[Russian Rocket]

You don't understand bitcoins and block size.

Ok child...so be it, if it makes you feel better about your argument.