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Topic: Big price swings (Read 251 times)

full member
Activity: 504
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April 20, 2018, 02:26:14 PM
#34
I don't think that much big price swings happening anymore. Bitcoin somewhat stabilized itself around $8000 level. But I don't know what future will bring, I feel like big price swings are okay for short term traders to profit harder.
I like volatility. This allows me to have a daily income from trading on the stock exchange. Many people dream of stability. But how can that help? For long-term storage of coins, this does not affect the price. Trading for bitcoins does not develop for another reason. All properties of bitcoin are necessary and have an economic justification.
I think that this very moment, connected with volatility, very much like all traders. Perhaps it is speculation that makes it possible to make good money using the difference in the price of a coin.
sr. member
Activity: 630
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April 20, 2018, 07:10:03 AM
#33
I don't think that much big price swings happening anymore. Bitcoin somewhat stabilized itself around $8000 level. But I don't know what future will bring, I feel like big price swings are okay for short term traders to profit harder.
I like volatility. This allows me to have a daily income from trading on the stock exchange. Many people dream of stability. But how can that help? For long-term storage of coins, this does not affect the price. Trading for bitcoins does not develop for another reason. All properties of bitcoin are necessary and have an economic justification.
hero member
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April 20, 2018, 06:51:59 AM
#32
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
This is not the first time that happened in crypto,but it maybe a manipulation or the market just reacts to some positive news around somewhere around the corner of the world.But these swings are just temporary so if you are a long term investor just keep a goal price for selling your crypto then it will restrict from confusing about the price swings.
hero member
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April 20, 2018, 06:27:59 AM
#31
I don't think that much big price swings happening anymore. Bitcoin somewhat stabilized itself around $8000 level. But I don't know what future will bring, I feel like big price swings are okay for short term traders to profit harder.

Well i'm feeling a lot more at ease with this kind of market instead of one that is wildly swinging between bear and bull. Of course we all want the bulls back but just like what happened last december, a pump that big is sure to have a pullback probably of the same magnitude.
legendary
Activity: 1638
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Where is my ring of blades...
April 20, 2018, 03:18:51 AM
#30
because a fall that makes us go back to the $6000 will cause many people to panic and I fear that this panic lasts for levels lower than  $6000

you are forgetting about the buy support.
any major bitcoin price drop at this point will act as a buy signal for a lot of investors who are waiting on the sidelines watching the market move. if we see another drop back to the support line there will be a lot of FOMO buying in happening there. specially if the drop is one of those FUD drops or drops without a reason.
sr. member
Activity: 533
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April 20, 2018, 02:52:26 AM
#29
I don't think that much big price swings happening anymore. Bitcoin somewhat stabilized itself around $8000 level. But I don't know what future will bring, I feel like big price swings are okay for short term traders to profit harder.
full member
Activity: 628
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April 20, 2018, 02:34:35 AM
#28
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
Big price swinging means less the price is stable. Yes we have noticed it all the times and as you said here so it is not a new happening and not a big thing but swinging. It is the nature and its nature will provide you the opportunity to take benefit by buying at low bears market and selling at bulls market. All you notice and think can be utilized in handling your productions.
legendary
Activity: 1218
Merit: 1000
April 19, 2018, 04:05:34 AM
#27
the hope of many users crypto, is currently the price becomes higher at the price of the previous year. for the time being, bitcoin prices are going up pretty good, and I think it's probably going to keep going up until the end of the year.
legendary
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April 19, 2018, 03:33:36 AM
#26
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary

already been discussed many times about the market manipulation, this is a very big and clear subject that needs proof to avoid misunderstandings, be it manipulation or not yet we do not have big increases of price, it seems that we are stranded in  $8000 and we could not get out of the $8000. I hope that in the next few days we can get out of these $8000. because a fall that makes us go back to the $6000 will cause many people to panic and I fear that this panic lasts for levels lower than  $6000

speaking in manipulation, I re-read this:

Bitcoin price MANIPULATION: Economists warn just ONE person may have caused value surge




legendary
Activity: 3080
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April 19, 2018, 02:25:18 AM
#25
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary

Did you mean the price shoots up to $8000 and an increase of $500 in less than a hour? LOL. I don't call that manipulation. Just think of it as people just renewed their interest on the ecosystem or maybe they knew that is the perfect time to get into the market before it took off again towards $10000 and up. And this has been the case in the last 3 months right? When we are above to make a break out and the price suddenly jumps but then hours later in falls back again. I'm sure you have witnessed that already so it wouldn't make sense to be worried because that's how the market really works because of the bearish sentiments.
sr. member
Activity: 924
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April 19, 2018, 01:28:37 AM
#24
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
what you should understand is that we are in swing trade and the force of bear is stronger than the forces of bull and that is the reason why price do go down  more than were it start. However we have has this level of fibonicial level reduce in the last dip.
legendary
Activity: 2674
Merit: 1048
April 19, 2018, 12:34:40 AM
#23
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
Logically if there are people who manipulate the price of cryptocurrency then the price movement will not go down and rise slightly. Price movements will rise significantly and decline in prices will drop significantly as well.

But what happens now, the price of crypto is still stable due to day trading. Those traders target the price to be sold and target the price to be purchased. So the movement of the market is only moving gradually. Bull trap or the manipulated price will not happen in this market, you have to intensely see price movement so you can differentiate market conditions.
member
Activity: 350
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April 18, 2018, 11:50:38 PM
#22
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
just calm down with the steady increase in the number of enthusiasts said this crypto money, then as we see now that its value also continue to go up into the clouds. and hopes A new government organization will be created to analyze regulations on crypto currency. And this will cause a huge increase in Bitcoin and coins that provide actual utility.
full member
Activity: 280
Merit: 100
April 18, 2018, 06:11:55 PM
#21
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary

i think not big price
still standard incraese, maybe only few day bitcoin price can incraese to 10k dollar, so still wait and hold youre bitcoin balance
legendary
Activity: 3122
Merit: 1398
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April 18, 2018, 04:02:40 PM
#20
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary

If we have to point the manipulation on the cryptos you have mentioned then better changed the way of thinking. Manipulation will not work now on that cryptos you have mentioned but rather the better term here is, whales starting their move to "triggered" the trend that somehow leads us to think that is a literally a manipulated actions.

You just have to be used on that kind of movement as it was normal and like you also mentioned, you already noticed it many times so why still being surprised. Well since you are new ( I will assume you are new) I understand why you are like. Soon those swings will just be a normal scene to you as you progress and what will surprised is those "much more bigger swings" that you never see before.
sr. member
Activity: 714
Merit: 257
April 18, 2018, 03:38:59 PM
#19
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary

It has been happening for some time. Always after sharp rise there is sideways action, and then sharp drop exactly to the level from where it shoot up. It is now popularly called a Bart Simpson price action
hero member
Activity: 1008
Merit: 510
April 18, 2018, 12:45:34 PM
#18
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary

Whales definitely manipulate the prices and that could be happening, but not necessarily. I’ve noticed that if something starts a quick price increase, there will almost always be a correction soon afterward. The price increase could spike up for a few days and the a sell off causes the price to drop by half. This could just be short term traders taking quick profits.
hero member
Activity: 3080
Merit: 603
April 18, 2018, 12:18:57 PM
#17
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
It's not new. You should accept the fact that there is not only a big fish but it's a whale. Did you noticed that the stock market also dropped off? I guess the same whales are behind it or I'm just thinking too much about this market.

When Bitcoin moves up, altcoins move up.
When Bitcoin moves down, altcoins move down.
As I observed there were times that when bitcoin goes up, alts were down.
hero member
Activity: 2632
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April 18, 2018, 09:45:59 AM
#16
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary

I don't see any manipulation because the price is still $8K. If there is a manipulation, the sooner that is gets above $8K we will see a massive drop to $6K but it didn't happened, which means that we might be in the road to recovery.

Just stay cool. We will learn a lot from this price movement and later you will realized when is the price being manipulated and when the price is making a consolidation.
legendary
Activity: 1442
Merit: 1016
April 18, 2018, 07:37:21 AM
#15
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary

When Bitcoin moves up, altcoins move up.
When Bitcoin moves down, altcoins move down.
This is called correlation.
This only changes a few times a year when there is alt season or Bitcoin having a massive rally.
Nothing new and well known by everyone who's watching the market regularly.
hero member
Activity: 1078
Merit: 501
April 18, 2018, 07:34:24 AM
#14
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
Bitcoin price and some other coins are just like that since then, especially bitcoin, it goes up and down all the time and every year. We cannot say exactly what Month, but it is always happening in the market.
hero member
Activity: 882
Merit: 544
April 18, 2018, 07:02:30 AM
#13
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
I think it is just a normal price movements and cannot be considered that big when the past price movements(bullish and bearish) are crazier than it. I also don't think that there aren't any manipulationa happening in the market, if what you claimed is true though, they won't be able to keep it up for a long time. If you also noticed it many other times, just think of it as normal volatility of crypto.
sr. member
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April 18, 2018, 06:39:14 AM
#12
I have long been accustomed to such price fluctuations. It's not a problem for me. I even like it. In such moments there is always an opportunity to earn. Perhaps this worries those who use the strategy of the holding, but they should understand that this strategy works only for the duration of the period.
full member
Activity: 1064
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April 18, 2018, 06:36:15 AM
#11
I believe price is going to bounce on one of these big swings and never come back to 8000 usd!
All bad days are left behind today and now we can start to again 20k -30k in few months.

yes that's right. And perhaps soon it will continue  jump again.  Like what happen last few days, which is the price jumped from 6k to 8k in just 30mins.  And i believe also that there's a tends it will happen again 'cause as we see nowadays after a small dump the price always jump back , so maybe this time it gaining more for the new high value of this year
full member
Activity: 434
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April 18, 2018, 06:28:14 AM
#10
You must be completely new to markets then. These sort of movements happen all the time and not only in crypto markets. Correlated markets generally move together unless there is some specific reason for them not to and then the become temporarily uncorrelated.
Exactly. Just look at the trading pairs at (almost) all exchanges. You will mostly find BTC/altcoin pairs, and much fewer LTC/altcoin or USDT/altcoin pairs. So, if everything else is being traded vs BTC, no wonder there's strong correlation. Hence, BTC is the center of crypto-economy and chances are it will remain so for a long time.

The correlation between BTC and the other coins may be broken on occasions, for example, when a certain alcoin becomes attractive for whatever reason, but on average, all cryptocurrencies follow the movement of bitcoin. From time to time I try to locate pairs without a strong correlation (they might be better for the purpose of speculation), but so far I haven't had much success.
hero member
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April 18, 2018, 06:08:56 AM
#9
Perhaps the odd thing is the rise in cryptocurrencies like Monero & BCH [temporary speculation]

Monero has a fork coming up at the end of the month so people are buying it hoping for a "dividend" payout.

Bcash, on the other hand, is just having a tiny dead cat bounce.

https://www.tradingview.com/x/JFrcc5lT
legendary
Activity: 2702
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April 18, 2018, 06:04:15 AM
#8
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
The effect of the price of bitcoin is applied to all other cryptocurrencies.
However, if the price of the Bitcoin drops, it will be followed by a drop for all currencies with a margin of change of about 5% maximum.
The price of  bitcoin has not fluctuated very much in the last 24 hours. Any rise or fall is a natural product of daily market movement.
Perhaps the odd thing is the rise in cryptocurrencies like Monero & BCH [temporary speculation]
legendary
Activity: 1638
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Where is my ring of blades...
April 18, 2018, 05:50:16 AM
#7
it didn't drop down to where it started, price is still above $8000 and the most drop that it has is to $79xx an where it started was at $6800.
I have not been following the rest but the initial rise of bitcoin from $6800 to $8100 meant a big drop for all of the altcoins you mentioned, then after 1-2 hours these altcoins started rising because the money just woke up in altcoin market and the bitcoin effect pulled them up with itself a little bit.
legendary
Activity: 1162
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April 18, 2018, 05:47:30 AM
#6
I believe price is going to bounce on one of these big swings and never come back to 8000 usd!
All bad days are left behind today and now we can start to again 20k -30k in few months.
legendary
Activity: 1218
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April 18, 2018, 05:44:24 AM
#5
Price of crypto can swing heavily everyday and even price can have +/- 10% within a hour chart which is quite unusual if you are only familiar with the forex or other trading assets.

This means you will have equal chance of booking high profit or loss at the same time when you will trade cryptos. The one who can perfectly make an exit and enter again (day trading) on daily basis can actually make constant profit. Many crypto trader are just covering their living expenses only through crypto trading.
legendary
Activity: 1932
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April 18, 2018, 05:01:23 AM
#4
It has been a wild market for BItcoin. any of technical analysis flags are becoming less reliable. These are controlled moves the whole day long. We have seen these dirty moves from whales many times the last 3 weeks. Currently, the market is a playground for the whales.
full member
Activity: 602
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April 18, 2018, 04:48:30 AM
#3
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
Maybe it is an whales action but learn to surf on the waves we still can make lot of money by short bumps and dumps of you think it will heooen in tje future too.But no one can completely manipulate it they can just ignite the fire and all the remaining thigs will happen itself.But long time investor don't have to scare about these spikes so be a long term holder and enjoy the waves.
hero member
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April 18, 2018, 02:57:06 AM
#2
You must be completely new to markets then. These sort of movements happen all the time and not only in crypto markets. Correlated markets generally move together unless there is some specific reason for them not to and then the become temporarily uncorrelated. Paranoia about manipulation also extends to other markets but not to the extreme levels so silliness that exist in the crypto world.
newbie
Activity: 140
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April 18, 2018, 02:09:01 AM
#1
Anyone see notice the big price swings on BTC, Eth, LTC, and Bca all shot up at the same time and almost exactly 12 hours later all dropped off a cliff lower than where they started? Seems like a big fish manipulation, I noticed it many other times and makes me tilt my head and makes me leary
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