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1417733 No.1417733 [Reply] [Original]

HOLY FUCKING SHIT BTC IN FREEFALL GUYS?????

>> No.1417762

:' ( all is lost

>> No.1417801

>>1417733
I just lost $8.4 million...........fuck

>> No.1417827

>>1417733
Good thing I sold this morning. I knew I should listen to my intuition. Str8 dodged a bullet on that one. Condolences to those who didnt get out in time.

>> No.1417839

>buy the dip

>> No.1417840

>>1417733
I think it will go to $200. That was the price before all this halvening hype.

>> No.1417841

>>1417839
Well meme'd good sir!

>> No.1417845

im jumping ship to ETC

>> No.1417847

>>1417733
>>1417801
Jump into trumpcoin recover your losses :)

>> No.1417853

>>1417733
what about the kim dotcom and mcafee bullshit?

could be a good time to buy

>> No.1417860

Coincucks btfo

Who could've thought a virtual currency worth nothing would crash :^)

>> No.1417865
File: 103 KB, 214x200, 55.png [View same] [iqdb] [saucenao] [google]
1417865

>> No.1418039

Bitcoin is finished. Time to buy whatever flavour of ethereum you prefer. I care no longer, i own both

>> No.1418100

>>1417860
Cope harder

>> No.1418103

I have BTC, ETC and ETH.. Im not worried the slightest if any of these coins become worthless. I would be fucked tho, if they all became worthless at the same time


PS: Buy Trumps

>> No.1418213 [DELETED] 

Btc is dropping to 580 area then fucking mewning. Short BTC to 580 on whaleclub with 10x buying power

https://whaleclub.co/join/CiCCMS

>> No.1418215
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1418215

$7 btc soon?

>> No.1418237

It was 400 bucks 3 months ago and now it's at600. So no

>> No.1418436

>>1418039
Better dump that eth bag if you own both

>> No.1418997
File: 156 KB, 399x299, tumblr_m3n34vtQIV1qeweuno1_400.gif [View same] [iqdb] [saucenao] [google]
1418997

>>1417733
huge shorts still running on leverage

>> No.1419002

Any particular reason it fell?

>> No.1419004

>but no, we did no lose all or nearly all of the bitcoin.
HAHAHHAHA WHAT
HOLY SHIT

>> No.1419012

>>1418213
whooops better amend that to 555 nucka.

>> No.1419032

First ETC will pair with ETH and take over

A we can see for the first time EVER a coin is making BTC king go down

After Eth take over

ETC will over take BTC market cap

Screen shot this

ETC>BTC

>> No.1419048

>>1419032
I don't know about all that there sparky, but it sure is fun to watch ETH die horribly at the hands of the shills it once embraced. Poetic, really.

>> No.1419054
File: 45 KB, 560x420, 46e73347-8c5d-47e8-80b8-9234ea706ee0_560_420.jpg [View same] [iqdb] [saucenao] [google]
1419054

im making $100/minute

>> No.1419064

>>1417733
time to buy some BTC.

someones definitely cashing out for some reason.

>> No.1419067

>>1419032
>ETC will over take BTC market cap
That would get ETC over 105 $

>> No.1419070

>>1417733
i knew the bitcoin value was too good to be true... something that is made from info on the internet.... almost as fake of currancy as our Fiat currencies.... if you want a real asset that is going to break out soon... buy gold and silver... make sure you get physical, not paper or stocks.... if the governments go broke. they will steal all funds.

>> No.1419076

Oh wait, did I say 555? I meant 525, sorry. How are you whales in the 'whale club' doing?

>> No.1419080

>>1419067
that is just the start

praise kek

>> No.1419093

And it all comes tumbling, tumbling, tumbling down.

>> No.1419101

preev is down.

bitfinex has been breached. This is not a drill. This is not a drill. BTC have been stolen. I repeat, BTC have been stolen.

>> No.1419107

BTC will recover ... right?

>> No.1419112

Tell me again how Bitcoin is going to be the safe harbor where people will store their money when shit crashes. Go ahead.

>> No.1419117

>>1419112
>not holding your money on an external device that you have in your home

>> No.1419118

>>1419112
literally no one on the face of the earth has ever said this

>> No.1419125

Shit man Bitcoin is kill ,still going to buy and hold long term though.

>> No.1419132

>>1419118
well you must be new here cause I've heard that shit said many times.

>> No.1419133
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1419133

resistance stands at 550-560

>> No.1419135

>>1419117
what good is it to hold a bunch of worthless bytes. Prepare for single digits.

>> No.1419142

Meanwhile, Trumpcoin is still at $0.07

>> No.1419155

>>1419112

Bitcoin won't be, Monero will.

>> No.1419156

>>1419135
because its safe you can still use the funds

i never said its good for if when the world ends

just that its safe to hold your own coins in your home externally

>> No.1419172

>>1419032
I can see etc taking over eth but there's no way it will take over btc

>> No.1419179

>>1419172
something weird is happening is all im saying

>> No.1419181

BTC going down while Trumpcoin going up. Made a nice $300 :^)

>> No.1419188

>>1419179
News is coming out that bitfinex has been hacked ,unknown at this time how many coins have been stolen.it proves yet again never to keep coins on an exchange.

>> No.1419192

>>1419181
What trump is not even going up

>> No.1419198

>>1419192
within the last 2 weeks from 7k sat to ~12k

>> No.1419199

>>1419181
Da fuq planet are you on..

>> No.1419200

>>1419192
It's up in relation to BTC. Maybe that's what he means.

>> No.1419201

>>1419200
Yeah, and maybe he's just a lying, shitty, 14 y.o. trumpcoiner.

NEVER trust a trumpcoiner.

>> No.1419213

>Bitcoin price goes down because bitfinex is hacked
>it isn't even a flaw with Bitcoin

>eth gets hacked because it's an insecure shitcoin , then has a bailout
>price recovers

btc will be fine

>> No.1419218

>>1419213
i know this is bait but i must correct you for lurking noobs. ETH was never hacked, the DAO was hacked, DAO used ETH as payment for the initial coin offering so hacker stole ETH from the DAO

>> No.1419221

>>1417733
Moved my 2 bitcoins in TrumpCoin and ETC. Chad life when guys?

>> No.1419224

>>1419221
Just did the same :^)

>> No.1419233

>>1419218
so they forked and killed eth to bail out dao? seems pretty retarded to be honest, member of my extended family

>> No.1419359

>>1417733
Bitfinex hacked lol.

"Hacked", yeah right.

Who wouldn't get "hacked" at that kind of money.

Also,blood in streets, yadda, yadda. I'm stashing up.

>> No.1419455

>bitcoin
faggots

>> No.1419457

Looks like 126K Bitcoin were stolen
This is some Gox shit

>> No.1419459

>>1419457
how's that possible ? don't these fuckers use cold storage ?

>> No.1419465

>>1417840
i have been warning you all for months now this would happen
it will stop around tho 400 imo

>> No.1419470

>>1419457
>>1419459
no one knows
even 2FA didn't help

>> No.1419471

BTC has been through this so many times, itll dip and recover, w/e.

On another note, we might see the death of ETH. What a mess.

>> No.1419473

>>1419459
>how's that possible
most o these "hacks" have been inside jobs so far

if you are asking the question how could a guy that you sent your bitcoins steal it from you? you are fucking retarded.

>> No.1419475

>>1419470
sounds fishy. my money is on exit scam

>> No.1419479

>>1419473
I'm saying bitfinex has apparently been "audited" and has good security practices , so how could it be logically possible that they lose tens of millions of dollars when the majority of it shouldn't even be exposed to the Internet.

but yes, them stealing from their customers is an obvious possibility.

>> No.1419480

>>1419465
Why is it happening and why will it stop at $400? Just curious about your reasoning.

>> No.1419490

>>1419480
it was bound to happen because the halvening hype had no basis in any market rationality. lot's of expectations had been disappointed and the first sign of trouble a dump will follow which is a self reinforcing process. everyone only in for the moon ride will cut his losses at times like this and cash out more and more panicked.
200-400 was a reasonably stable price range for years it is unlikely it will fall below i think there is too many people believing in bitcoin and buying under 400 to let it fall much under.
200 is not impossible tho. i just don't think it will go there again this soon.

>> No.1419503

>>1419479
the dao was also audited by a sec company called Dejavu. how did that go?

>> No.1419504
File: 1.99 MB, 400x300, duff.gif [View same] [iqdb] [saucenao] [google]
1419504

lol ridiculous panic selling free fall. well let it flow into my pockets

>> No.1419509

>>1419504
this is only the beginning, there will be a rebound too and then it will fall further.

>> No.1419510

>>1419509
yes, probably

>> No.1419574
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1419574

Panic selling nu-male cucks

People with normal testosterone levels don't get cuck'd this hard by a non-event into selling their BTC.

Thanks for the excellent buying opportunity cucks

>> No.1419579

>>1417733
Put a short position as soon as I heard about it

Closed at £1025 profit

Then saw it still going down and put another one, just closed at £1022 profit


SHOULD I GO FOR A THIRD ONE?

>> No.1419581

>>1419574
Exactly. We've seen it go from well over $1000 down to $200 and bounce back up without fail every time it drops. No worries, just more bitcoin for me. B^)

>> No.1419590

>>1419579
what exchange do you use to short bitcoin?

GDAX (coinbase) does not offer it

>> No.1419593

>>1419579

500 could be a reversal point

>> No.1419596

>>1419590
I'm on ig broker

>> No.1419598

>>1419593
AIGHT LET'S GO FOR A THIRD ONE

>> No.1419600

>>1419598

lmao

>> No.1419606

>>1419600
£415 PROFIT
DUBS DECIDE WHEN TO CLOSE

>> No.1419607

we are hitting 500 now

jesus christ is this the bottom please let this be the bottom

>> No.1419611
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1419611

vola is getting "funy" high. major resistance now after breaking thru 550 with force 360-380. minor 420-430 level

>> No.1419612

>>1419606
close now dude

>> No.1419613

>>1419607
WHEN DO YOU EXPECT IT TO BOUNCE

>> No.1419614

>>1419606

lololol.. this is such a dump of no confidence....

>> No.1419616

>>1419579
>>>1417733 (OP)
>Put a short position as soon as I heard about it
>Closed at £1025 profit
>Then saw it still going down and put another one, just closed at £1022 profit
>SHOULD I GO FOR A THIRD ONE?

Fuck off Brit cuck, pretending bong bucks are real money

Enjoy your panic buy on the rebound cuck

>> No.1419618

UNDER 500
>UNDER 500
UNDER 500

>> No.1419619

im fucking disgusted right now

gonna just move my coins off the exchange and hold them long term and pray it goes back to my entry point in a year or two

>> No.1419623

>>1419614
MORE THAN £2000 IN PROFITS

TELL MEEEEE

>> No.1419624

>>1419606

next stop possibly 550

>> No.1419627

>>1419623

See how this next candle plays out. Possibly stop at 505 as if there's a reversal it could go to 550.

>> No.1419630

>>1419623

I would tp now and have a wank or something m8

>> No.1419632
File: 39 KB, 645x503, 9d679cb858d79a28aacb8252c027f69f.png [View same] [iqdb] [saucenao] [google]
1419632

COMING DOWN
IS THE HARDEST THING!

>> No.1419634

>>1419627
Closed at +£2247

It was giving me a headache, most volatile shit I had to deal with so far.

>> No.1419636

>>1419634

lmao. worth a headache. Well done mate, maybe quit while you're ahead :)

>> No.1419638

this could make for a hefty rebound to the upside...

>> No.1419640

>>1419638
shorts covering

>> No.1419645

>>1419636
True, that was my third and last short position

Maybe I'll wait and buy for the rebound


On other news, mg mate just told me that he lost 10k on it so far kek

>> No.1419646

that is so fun with bitcoin you have months nothing happens then suddenly these ridiculous spikes and all the hell breaks loose

>> No.1419653

>>1419645

lol brutal...

I think this next move will be a bear trap then move upwards to 550. 500 is the buy point.

>> No.1419663

Alright boys, it's going back up

>> No.1419668

Yea what a coincidence coinbase is down/not letting you withdraw your coins. This is some bullshit right here loosing 1000s

>> No.1419669

>>1419663
but for how long?

>> No.1419670

>>1419663
If by "going back up" you mean dropping another few bucks then yeah...

>> No.1419673

>>1419668
because everyone is trying to get in on these dank deals

>> No.1419674

>>1419669
Long enough for me to make another grand

Or for me to loose one and convince me to go to bed.

>> No.1419676

down to 500

>> No.1419683

It's slowly going down again. Buy before 500

>> No.1419685

>>1419668
its not down

im looking at GDAX right now and literally just moved coins from the exchange to my coinbase wallet

it took a little longer than normal but i assume theyre just dealing with a lot of traffic right now

>> No.1419686

Still volatile as fuck
I'm going to bed, fuck buying.

>> No.1419698

>>1417733
>bitfinex got hacked for 119,756 btc

ONE HUNDRED NINETEEN THOUSAND

WE MTGOX 2.0

>> No.1419704

fucking coinbase... it's only available when the price is up around 515 and even then it won't process buys

>> No.1419712

>>1419704
i can't even load the page let allone buy. it doesnt help that all these retards on reddit are complaining that they cant log in to panic sell, kek

>> No.1419716

Bitcoin fork when?

>> No.1419719

It would be wise to buy coins now and sell to the chinese later

>> No.1419729

Could this flood of buyers going to actually stimulate the price and bring it above 600?

>> No.1419730

Fuck it I'm happy it went down, cheaper to buy, supply and demand will balance out.

>> No.1419736

how does this affect my trump coins

>> No.1419738

>>1419736
It does not.

>> No.1419743

>>1419736
it is cheaper relative to usd

>> No.1419746

https://steemit.com/bitfinex/@spookypooky/the-bitfinex-hack-was-published-on-steemit-3-weeks-before-it-happened

>> No.1419751

I sold my ETH for BTC, then BTC back to British Pounds about a week ago. Feels good, I made the profit I wanted after a very long ETH hold and now I'm done. Ethereum was a very, very promising crypto platform but the retarded devs fucked it with their faggy ideologies. The DAO, I knew something would fuck up in it, and something did, it basically cost the whole of the Ethereum platform's credibility.

As Ethereum is still way in beta phases there's a chance to fix its image and reputation, but I doubt it. They've fucked it for good now.

>> No.1419752

>trusting exchanges
>even just overnight
>EVER

>> No.1419755

>>1419752
I always cash out to a ledger wallet the same day. stay noided

>> No.1419763

wow I thought coinbase was reliable,
lucky sold months ago when bitcoin jumped from 450 to 550, but what if I needed to use coinbase at a time like this??

>> No.1419767

>>1419752
Are you fucking thick? Obviously the comment wasn't aimed at those that withdraw their coins.

>> No.1419812
File: 45 KB, 207x237, 2074yu4sw2.gif [View same] [iqdb] [saucenao] [google]
1419812

http://thenextweb.com/insider/2016/08/03/bitcoin-bitfinex-75-million-stolen/
LOOOOOOOOOOOL
How low will Bitcoin go?

>> No.1419820

>>1419812
Also I love how the url still says $75 million worth of coins was stolen, but the article's updated to say $65 million since stealing the coins crashed the price.

>> No.1419828

>>1419135
Kinda like holding worthless paper, eh?

>> No.1419896

when do I buy bitcoin now

>> No.1419911
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1419911

>>1419820
>the url still says $75 million worth of coins was stolen, but the article's updated to say $65 million since stealing the coins crashed the price.

>> No.1419919

>>1419142
Thinking about getting back in to this. I made a decent amount of shekels on its 3000-6000 satoshi swings. I figured it'd be gone by now but apparently its doubled. I wish polo would pick it up.

>> No.1419930
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1419930

>Bitcoin by nature is volatile as fuck
>Exchanges never close
>Said exchanges get hacked annually
>This is the same for all cryptos

How do you coiners sleep at night? This is the major (MAJOR) flaw with cryptos. Their vulnerability. All hackemcgee has to do is take his yearly stroll through one of the numerous crypto exchanges, and boom. There goes your life savings. There goes the value of ALL cryptos because BTC is the only gateway between them and fiat currencys. The Fed can't get hacked. The NASDAQ/DOW/NYSE can't get hacked. Fucking Bank of America can't get hacked, but cryptos can.

>> No.1419939

>>1419930
Ahh don't worry. Cryptotards will forget about this hack soon just like they forgot about the DAO hack, the MtGox hack and the couple dozen other major hacks. You have to have a really short attention span to fuck with this shit.

>> No.1419969

>>1419939
Crypto master here
we always buy the dips and make profits off it. not worried at all

>> No.1420014

>>1419930

>implying one can only keep their coins on exchanges

>> No.1420044 [DELETED] 

Why don't more people use paper wallets? They're the only way to make your BTC 100% non hackable

>> No.1420049

>>1419969

you're buying now?

You're a fool.

You should be shorting Bitcoin at https://whaleclub.co/join/CiCCMS with x10 leverage and actually make your money back then some.

>> No.1420058
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1420058

>>1417733
holy shit so glad i didn't go through on coinbase, RIP muuh blockchain network

>> No.1420067

How do they even pull it off?

Even if you got access to an admin console, surely you couldn’t transfer the funds as admin? Unless the admin(s) gave themselves such permissions from the get-go (which would be insanely shiggy), I don't even know how this was possible.

>> No.1420080

>>1420044
because im dumb and dont know how to make a paper wallet

>> No.1420100

>>1420044
Lol you guys say this every damn time and nobody ever does. Then you wonder why bitcoin price always gets BTFO. Hey maybe you can hype up another happening like the halving dud, huh?

>> No.1420101

>>1420100
what is this

http://fuckethereum.com/

>> No.1420107

Friendly reminder these exchange "hacks" happen all the time and 99% of the time the exchanges are responsible, but of course they claim incompetence: "oops! We messed up!"

If these fucks were named and were lynched it prolly wouldn't happen again

At least that fat fuck karpeles got v&

>> No.1420117

>>1420107
This had to be an inside job

>> No.1420120
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1420120

Still playing with bitcoin?

2013 ended a long time ago.

>> No.1420143

Major news outlets are reporting the bitfinex hack. Price is going to go down more.

Short BTC now with x10 leverage and make MONEY on https://whaleclub.co/join/CiCCMS

>> No.1420147
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1420147

>>1420067
it's an inside job every time

even in mr robot, elliot works for the company and sabatoges from within.

>> No.1420225

>>1420049
>refferal links

kek

>> No.1420243

lost 10k usd bb w0rld

>> No.1420246

how do i profit off of this without losing all of the profit to fees?

>> No.1420417

>>1420143
Fuck off shill cunt

>> No.1420448

>>1419930
Wallets my nigga

>> No.1420450

>>1419930
By actually owning the private keys to your coins and not a useless IOU from your favorite exchange.

>> No.1420466

>>1420450
no other money platform says using their exchange is a security risk. i wouldnt get into coins based on this shit, doing purchases shouldnt be rocket science

>> No.1420471
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1420471

>>1419032
>being this delusional

>> No.1420473

>>1419751
>ETH finished

Pull yourself together man

>> No.1420474

>>1420466
other money platforms also take days to move your assets around. its really easy to transfer your coin from the exchange to your wallet, and costs practically nothing. .0001 BTC on polo. That's about 6 cents.

Only reason to hold your coin on the exchange is laziness.

>> No.1420476

>>1420466
Simply using an exchange is not a security risk. The misuse of an exchange, as a bank, as a place to store large fund for an extended period of time, is what creates the security issue.

>> No.1420477

>>1420471
are you a blue haired gril mmmm

>> No.1420491

>>1420476
this

coin is meant to be stored in a wallet. only transfer to exchanges to make trades.

>> No.1420502

>current year
>being a bitcoin bag holder

where's that autist that always posts here with his 212 bitcoins?

kids gonna jump out a window when bitcoin hits single digits and the NEET dream is dead

sell now

>> No.1420536

>>1420502
Nocoiner copes even harder

>> No.1420550

>>1420536
Not him but why would he need to cope with bitcoin crashing? That makes no sense lol

>> No.1420568

>>1420550
losing %15 value is considered crashing?

This is what separates nocoiners from crypto-masters. Nocoiners are contented with their low volatility investments at 5% yields per year.

>> No.1420728

Is the dump over? Is it correcting already? Damn it stopped at 543 dollars then corrected itself.

I was hoping it would fall to 400 before pumping again.

>> No.1420733

>>1420728
big news coming

be patient

>> No.1420892

>>1420568

>losing %15 value is considered crashing?

Yes, it is actually. I'm not even a nocoiner, well, I wasn't, but please stop the 'BTC daytrader scraping $3.07 a day' autism.

>> No.1420917

>>1419939
But the same retards make crypto rise after every dip. All you have to do is wait and it's basically free shekels

>> No.1420924
File: 99 KB, 841x623, 1411622644388.jpg [View same] [iqdb] [saucenao] [google]
1420924

>tfw just found out about Ethereum Classics
Top fucking kek. What will they called the next one after another inevitable fork? Ethereum Exclusive?

>> No.1420931

A currency is only as valuable as the faith people have in it. The main problem with btc and other crypto is, people don't actually value it as a currency, they see it as something they can hold and cash out for real currency. People falsely assume that because there will one day be a finite amount of btc, that it will make it skyrocket in price, which is a very low-level thought process developed without foresight.

>> No.1421047

>>1419479
The answer is the audit was dogshit

>> No.1421049

>>1420924
>Ethereum Classics
so it's the blackberry of cryptocrap basically

worthless when

>> No.1421059

>>1421049
no think coca cola classic mate

ETC is going to change things

this is coming from a guy who hated eth

but etc is different

i hear whispers in the air

https://www.youtube.com/watch?v=izGwDsrQ1eQ

>> No.1421315

>>1420502
>where's that autist that always posts here with his 212 bitcoins?

Reporting in.

Did you think I bought a single coin above $400? Lel

Also

If I would of an hero'd I would of already done it when price went from $1200 to $170, this drop is kids play

>> No.1421331

>>1421315
Well at least you can take abuse well.

>> No.1421336
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1421336

Ooo cheap Bitcoin,that's going straight in my basket

>> No.1421629

Bought 37 units and already made 300+ dollars today selling in 20min buy back and repeat .

>> No.1421686
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1421686

>>1421059
>eth is different
>prophetic video
>pic related

>>1421315
t-thats such a reasonable response i dont even have a comeback. cheers m8

>> No.1421692

>>1421315
Post a timestamp of your trade history/buy order when you took your long position on btc. Just curious.