Will it dump or do you think we can reach $255 today ?

1600 CNY - smashing through the wall, next step 1700? This upwards rise is showing no signs of stopping, seems the bears are struggling to stop this, it's a nice slow rise too, not too fast. Could we reach 270 USD by the end of the week?

someone trying to push that price back down.

u see them sell these little bits of .001 for 50 ¢ off trying to make the ticker price flash lower, then they put up a wall.

http://www.bloomberg.com/news/articles/2015-06-17/rbs-customer-payments-missing-after-latest-technology-failure

they should have used bitcoin

It appears that trading volume is grinding to a standstill. It looks like nobody wants to sell bitcoin cheap no more.
I see $300 in the horizon

Apart from guessing can anyone give a nearly Valid reason , why bitcoin price is decreasing much steeply today , whats the fate of Bitcoin , what do you feel ,it will Touch Minimum?

Remember the best time to buy is when there is nothing but pessimism and "blood on the streets".

This gif made me lol so hard.  Bitcoin market in 2014, and the Oil market and Chinese stock market now.

Of course I'm now more bullish on the Bitcoin market for 2 reasons, and the second one is a pretty sad but true reason:  

1. We've bottomed out.

2. Hi net worth traders absolutely LOVE volatility, and they've basically exhausted all other markets for now (U.S. stock market, European market, Chinese market, commodities market, gold market, etc.).  

There's really no where else for them to run to get that fix, and the Bitcoin market hasn't seen a real rally in a long time.  And they know that public sentiment is down for all those other markets right now.

So IMO, it's just a matter of time before they come back to the Bitcoin market again.

it's to early to decide a grow of the blocklimit. in the future the block reward will decrease and the fees have to increase. thats the vision of satoshi. but we have to handle it with calm.

means what?

https://blockchain.info/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa?filter=1

starting to think there no need to increase block size limit because bitcoin will soon not be used at all

talk about block size limit is getting more and more Insane. conspiracy theories everywhere!

I'm still here brother. HODLING for at least 5, maybe 10+ years.
Going to buy another 3 or 4 bitcoins Friday on payday, you have to at these prices.

When there's blood in the streets --------> BUY

Leave the FUD alone Adam. Be strong when those around you are weak.

Hang in there buddy.

bitcoin is dead.

bullish?

I will hold my 0.023 BTC to 10k before dump.

Welly well well. You Bitcoiners sure are making a mighty spectacle of yourselves. Where's the correction?

because of various factors, price has been held back for a long time, bears and early adopted have sold out on the low due to some very convincing FUD, they fucked up, and bulls also fucked up by not buying more when the FUD was strongest, now that the FUD appears to have been unjustified and all the bears are dead, we are free to float up to a more reasonable price.



a price rise to 3000$ isn't a bubble it is a correction.

FIAT bubble in BTC blockchain soon halving.

really? like what? advertising and such? by which companies?

Soon

Yes, I quite agree with what you said and it a good news cos the pressure caused on bitcoin through the bitfinex hacker is no more holding down the price of bitcoin cos bitcoin has already spring up to $625. A clap !

Since we're throwing out baseless numbers you can add:

2. BTC500,000 Elwar

It's not looking great now!!

All of these dumb Chinese exchanges with the fake volume like Huobi, okcoin, and now especially BTCC could be directly responsible for this if the regulators looked at their volume and thought that suddenly trillions of Yuan were actually leaving the country.  

Seems like we have a double bottom...

I like BTC stability.
I buy coins before lunch and found that when I eat  lost 10 percent of my investment.

See. Noobs everywhere. Moon time soon. :3

Trolls everywhere too.

Oh noes. Hackers stole my coins. LOL

That's so 2013.

Anyone who keeps their coins on an exchange deserves to have them "hacked".

I'll overlook the fact that you're an obvious troll and bite the bait.

Scam? To which scam exactly do you refer? Exchanges scamming people into leaving coins in their trust instead of keeping them securely offline?

That's really not much different than banks scamming people into leaving their money deposited in accounts which yield no appreciable growth while charging fees for the "service" and then lending out said money to 3rd parties at higher interest rates.

There's really no reason to use exchanges. I haven't used a Bitcoin exchange since 2013 when MtGox imploded.  

Some of the coins I acquired since then I mined myself, some I bought directly from other miners, some came from fully anonymous BTC ATMs, some I received for services rendered, and some came from donations.

I even received enough to buy 4 beers as a tip while playing music onstage. Someone in the audience saw my Bitcoin baseball cap, sought me out during the next break and asked if I had a wallet app on my phone. It may not seem like much but the value of those satoshis has quadrupled since.

Good morning Bitcoinland.

Looks like we're about halfway back from yesterday's little dip... $704 on Bitcoinaverage.

All that huffing and puffing about the USA election and we're right back where we were.

Lovely dumps, but my bids are a bit lower, so please continue...

Total bullshit! He failed to prove he had 1 million BTC.

I feel strongly that this may be the last time btc gets anywhere near sub-700 ever again.

Buy the dip. No, really.

sure he does. i have 1 million too but i got bored of them so smoked the private keys.

Traders will regret for buying and selling bitcoin at small margins. Investors are the people who are greatly rewarded. So Invest and hold bitcoin in the coming days for the years to come.

Heading for new ATH on Stamp, and maybe Gox as well.

tzupy is the clown that is shorting bitcoin every day since bitcoin was $200.

OMG it was just $888 at stamp.

Call in the numerologists. 

Different EW theorists have varying wave counts. One Elliott Wave count that is as reasonable as any is by Paul Gordon of Coinscrum, who believes we are now in Primary Wave 3 of Grand Cycle I with a projected high of $9304.

Wave 3

Wow, what caused that little lurch downwards??

After all that time you've only just figured that out? Off you go then and let me offer a friendly pat on your silky buttock to help you along. If you find a cheeky finger in your crack then I hope you take it in the spirit it was intended.

Anybody else getting nervous about next week?
I don't know whether to sell or buy right now.

Prepare for the FUD articles everywhere. The media has been waiting for this.

do we have  a problem?

Going to convert all my BTCs to FIAT before Satoshi did.

A bad analogy is like a fart. Nobody likes it.

The smartest people in the entire global crypto world are working on bitcoin. So I repeat. If we can't fix this sort of problem with bitcoin, why would any other coin be able to?

So anyone care to explain why this whole BU fork FUD just happens to come up immediately after the ETF disapproval?  Hmmm?

You guys are getting played.  The pumpers ALWAYS come up with a reason to DUMP following an ATH.  If they can't exploit a hole, hack an exchange, or DDoS the shit out of one, they'll find another way.

The new way is pretty simple: social engineering based on emotion.  Make something trivial about Bitcoin into a big deal, create troll/shill accounts to divide the community, push $$$ towards alts and tout them as 'Bitcoin 2.0', and get everyone whipped up in a frenzy.  And short-dump on the way down.

Apparently, 90% of the time it's gonna work every time. Because bitcoiners are a bunch of overgrown whiny babies that can be easily manipulated.

So anyone care to explain why this whole BU fork FUD just happens to come up immediately after the ETF disapproval?  Hmmm?

You guys are getting played.  The pumpers ALWAYS come up with a reason to DUMP following an ATH.  If they can't exploit a hole, hack an exchange, or DDoS the shit out of one, they'll find another way.

The new way is pretty simple: social engineering based on emotion.  Make something trivial about Bitcoin into a big deal, create troll/shill accounts to divide the community, push $$$ towards alts and tout them as 'Bitcoin 2.0', and get everyone whipped up in a frenzy.  And short-dump on the way down.

Apparently, 90% of the time it's gonna work every time. Because bitcoiners are a bunch of overgrown whiny babies that can be easily manipulated.

Finally, back to normal?

It could go to 700$ then to 1500$ within 5 months. It seems like a good time to sell and buy back from 950 USD to 850  USD.

It's $1099 on stamp and keeps trying to push up to $1100. How long until someone buys 187 coins and makes it $1100 again?

I feel really stupid. Anybody else feel that?

I'm pretty sure that's a bad sign

You should feel stupid

well this is someting i did not expect to happen so fast.... imagine what will happen the weekend !
about 400 euros down in some hours? where do we go from now? we hit support base now?
who made this dump?

That's Bitcoin's use case. When banks start going bankrupt Bitcoin's going to get pumped higher than any of us can imagine. During the next wave of bank bankruptcies they will be bailing themselves out with our money taken from our bank accounts. Even the people that own the banks will be putting their money into Bitcoin rather than bank accounts that are guaranteed a 50% haircut.

Errors are the reasons for testing in the first place. Good they sort it out before actual implementation.