Topic: $593 and still falling. Why? (Read 1095 times)
I guess this happens when the total volume of Bitcoin sellers overshadow the volume of those who buys Bitcoin but at $590 now that is much better looking number because earlier it dipped to $556. Every morning when I wake up aside from checking my kids and giving my wife a hug, I check my smart phone to see how much is the price of Bitcoin and for the past 2 days I'm waking up in disbelief not about my kids and wife but with Bitcoin.
Whales are dumping and panic sellers are panic selling. Nothing much more really.
Its Bitcoin being Bitcoin.
Its Bitcoin being Bitcoin.
Absolutely!
Too much emotions tends to happen in both directions.
On the way up people who aren't in are feared to miss the train so the buy on almost every price and push it higher and higher until the ones who were before start to take profits.
And when the dump happens people fear to lose their investment and sell like hell.
After a while the dust will have settled and we will have stabilized.Finally everybody can take a deep breath!
Maybe because of the halving? Some were afraid of that term so all the investors will sell their share and wait if the price will go up again. As they say, buy low and sell high, that what everybody else did. I am pretty sure that its price will go up after the halving, will just have to wait.
Whales are dumping and panic sellers are panic selling. Nothing much more really.
Its Bitcoin being Bitcoin.
Its Bitcoin being Bitcoin.
Buy on the dips, they say. You didn't really think it was going to go UP all the time??? 
It's dump time, enjoy the ride. The price shouldn't matter or aren't you a true believer?
Why this awful crash?
Because i guess a lot of people sold their btc after it reached $760 a couple days ago, and still doing it until now, Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales.
I wasn't scammed by anyone you idiot, as I don't do trading and I just hold my coins.
Profit taking, it went up too fast. Nothing goes up in a straight line apart from pumps. Also when it hit the highest since 2014, some of the people who bought back then hurriedly sold, thanking their stars they were able to exit.
let see what happend we can just wait ..
Sell before he go down to 500dollars
Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales.
I wasn't scammed by anyone you idiot, as I don't do trading and I just hold my coins.
Really need another block so I can cash out. The price will bottom off somewhere around 500-550. Will buy when it starts going up again. This is scary 
Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales.
I wasn't scammed by anyone you idiot, as I don't do trading and I just hold my coins.
lol the volatilty of the bitcoin price isnt a scam 
. its just bitcoin being bitcoin. if you chose to buy at the wrong time, its not a scam.
anyways i dont mind it tbh cuz i know its going back up near the halfing and this gives me a chance to buy more btc at low price.
. its just bitcoin being bitcoin. if you chose to buy at the wrong time, its not a scam. anyways i dont mind it tbh cuz i know its going back up near the halfing and this gives me a chance to buy more btc at low price.
Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales.
Hey, tell your boss to drop the price to $250 so I can pick up some cheap coins, unless he is scared. He still pays you by the post count anyways, right?
Because the fundamentals are still flawed and you just got scammed again by the pump'n'dump whales.
Why this awful crash?
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