Quote from: andyatcrux on March 22, 2017, 02:42:35 PM

Quote from: york780 on March 22, 2017, 02:14:40 PM

Quote from: JohnUser on March 22, 2017, 02:02:54 PM

Quote from: york780 on March 22, 2017, 01:48:43 PM

Told you all. Time for 800 EUR.

I just read your last post page, indeed you claimed it.

Did i miss something ? Nothing new about HF..

I think this is because of a confrimation of Roger Ver. He said when BU forks, what becomes more and more likely, he will dump all his btc (100 0000 for bu coins. So traders expect a huge dump and start to unload now. So welcome to the final down move.

He suggested he may do that but now has accepted an offer to trade 60K to 130K Bitcoins for Bitcoin Unlimited with someone. That would not hurt either market if a fork happens.

Don't want to sound like I know more than everyone else (I don't):
Alone the willingness of one of the main and most popular Bitcoin proponents of the last decade to drop/exchange such a huge amount of BTC will send a huge negative psychological signal to the market.
Not everyone is a professional when it comes to BTC (despite everyone on the Whalepool chat being the next Gordon Gekko), so I expect a drop of the price, only because of this. This, the BU fork itself and the (real possible) damage for the image of BTC makes me cautious.

Quote from: york780 on March 22, 2017, 04:25:52 PM

I think before the fork. BU fanatics will sell, and people that have bitcoin as a store of value will also sell before the fork because they wont know what it will do with the price. Only the die hard bitcoin believers will hodl and the early adopters (bought before the big rise of 2016). Bitcoin keeps testing the 930 EUR support line. This is a bearish sign. Bullish power is fading over the last couple weeks. I am suprised that they can keep on kicking at this level.

We are already decreasing in value for over a month now. You cant call that a dip anymore. Its more a long term effect and because of this you can connect it to a possible bitcoin fork what is also a rumour that we need to take more serious. I think nobody on this forum sees bitcoin getting back at 1220 EUR level in the upcoming weeks what is a statement that the bullish momentum is fading away.

Bitcoins marketcap is decreasing day by day and its 72% right now. A month a go it was still 87%. Lots of speculants are investing in bad alternatives like Dash. If so much traidingvolume ans so kapital of crypto investors choose a scam like Dash or a premined centralized token like Ethereum inspite of bitcoin you know that something is wrong. Dash+ 10% today ,even after it dropped in value, and bitcoin - 7% totday. You still believe that those Dash and other altcoin fanatics will put their kapital in bitcoin like other hodlers on this forum predicted? I dont think so and you and me know the reason why.

Interesting opinion. Thank you for stating your view.
I think you're right with your point on Altcoins, but don't you think this is just a bubble waiting to burst ?
Of course, now it seems like everyone and his mother is on the next hype train for the next big Altcoin.
There must be a moment of truth, when people start to realize that Altcoin do even have less usefulness than Bitcoin (which is still, despite all the Hype in the bitcointalk forum, an extreme fringe topic) and they'll try to escape the market, how will this effect BTC or cryptocurrency in general ?

There might have been an example in the past, but as mentioned before, im relatively new to the whole topic of cryptocurrency.

Thank you all for your time and effort.

Morgenst3rn

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