Quote from: Nam3 on October 18, 2017, 07:16:22 AM

Quote from: rjclarke2000 on October 18, 2017, 06:45:24 AM

Also who is selling coins now before the 2 forks? What's going on here then?

Fucking whales

Guess we'll never know for sure. It's fucking unpredictable. People were waiting for 6K blast, and here we are Cry

And yea, it's all fucking happening before the 2X shit, if this would have occured after 2X, things would have make more sense. Well, who am I to decide in which direction the market goes, let's sit tight and see where we go from here.

The last time BTC forked the market didnt go down afterwards if i recall correctly, so it is not about making sense at all :p

Quote from: JayJuanGee on October 18, 2017, 07:43:19 AM

Quote from: Nam3 on October 18, 2017, 07:16:22 AM

Quote from: rjclarke2000 on October 18, 2017, 06:45:24 AM

Also who is selling coins now before the 2 forks? What's going on here then?

Fucking whales

Guess we'll never know for sure. It's fucking unpredictable. People were waiting for 6K blast, and here we are Cry

And yea, it's all fucking happening before the 2X shit, if this would have occured after 2X, things would have make more sense. Well, who am I to decide in which direction the market goes, let's sit tight and see where we go from here.

I don't really consider this current price movement to be much of a bad place, at all.

I mean, a week ago, we really did go from $4,900 to $5,800 in a few hours, and then for the past week we have been dabbling in this $5,300 to $5,800 territory.. Yeah, we want the price to go up, we want it to go up, but gosh, a break in the going up (or a pause) might not be a bad thing - and that is why it is not very easy to predict, whether we get another correction or we proceed with pushing ATHs.

To me it had seemed that we were going to get an ATH in the early November time frame (which would be preceding the Segwit2x Hardfork) and then we would have some correction around the forktime with FUD and uncertainty and blah blah blah, and then a market-wide realization that bitcoin is resilient to such stupid ass (and ill prepared) renegade hardfork nonsenses, and then another rally to take us to 2x-ish or more.. ...

A problem with my whole theory is that the ATH pushing of last week came too quickly and a bit premature in mid-October, so we have a bit of time to kill.. and to stall.. and we gonna it does not seem to be the right thing to get another ATH and another ATH, and all of these ATHs before mid-November, then that means that the ATH pushes have come to bitcoin too early and have gone too high, and therefore we are likely good to have some coiling and pausing in a $3,800 to $5900 .. and maybe even down to $3600 (like Jojo mentioned) might not be a bad thing.. to help the coiling... and to stave off overinflating too much.

Cannot agree more, also for me that move to 6k territory was too fast and i rather prefered some slower movement esp with yet another fork decision in the neck