Quote from: BigTeeths on November 15, 2018, 08:15:27 AM

Quote from: mwaqar17 on November 14, 2018, 05:09:48 PM

Today market is going down and in a single day 112B$ to 101B$ and still it is going down. Do you think it is getting ready to move up or it will go down further towards 5000$ or more. Track record of BTC shows that it is vrey un-predictive to predict about BTC.

Some people are connecting it to CBOE contract that expired today. They are thanking it for the massive FUDs spreading around. But I still don't worry because I'm sure the OTC whales will buy it back to $6k value. The market was manipulated so well so it's up to you guys if you want to quit because that's what they want to happen.

I haven't looked at the angle. Probably its a combination of the BCH war + CBoE bitcoin future contract expiring that triggers and cascading this massive sell-off. So this is another unknown territory again for newbies to get in while the price is at $5800 last couple of months. To be honest, I don't think that we can get below $5000 so let's see, if I'm not wrong, the fork will be today so we all need to be vigilant and see how everything goes. Wright has been in tweeter tirade as of late because of the split with BCH-ABC so its going to be interesting. But for now all we can do is to wait till the dust settled and hope that it won't go further down.