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Topic: BITCOIN FALL 7% IN A MINUTES - page 2. (Read 375 times)

sr. member
Activity: 859
Merit: 251
August 31, 2019, 11:29:02 AM
#6
Why does a price movement have to be triggered by something? Could it be some holders just wanted to hedge their bitcoin? Professional traders don' t read into the news in as much as they read the price action in the charts.
copper member
Activity: 2142
Merit: 1305
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August 31, 2019, 11:25:52 AM
#5
Okay, let's start with a proof that it really happened because I can't see it. If we look at today's price dynamics on coinmarketcap, it seems that Bitcoin did not have any changes above around 2% from today's maximum price. I also don't see a 7% drop yesterday even within the whole day, whereas you're talking about minutes.
It's because there are lots of marketcap website and price indicator besides cmc. Possible that the op used different site or exchange with different rates.
legendary
Activity: 3248
Merit: 1402
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August 31, 2019, 10:24:15 AM
#4
Bitcoinc falls 7% in a minute.

What triggered the fall?
Okay, let's start with a proof that it really happened because I can't see it. If we look at today's price dynamics on coinmarketcap, it seems that Bitcoin did not have any changes above around 2% from today's maximum price. I also don't see a 7% drop yesterday even within the whole day, whereas you're talking about minutes. If it was a momentary thing, it can be hard to find it right now, though, so it would be nice if you specified the day the hour at least. But even if something like that happened, I don't think it's a reason to panic or something the reason to which can be found easily. It could be a big selling order, but what's important is that it did not affect the market much.
member
Activity: 224
Merit: 62
August 31, 2019, 10:03:48 AM
#3
normally it is because the ground hog saw his shadow.
legendary
Activity: 3430
Merit: 3080
August 31, 2019, 10:00:04 AM
#2
algebra thread, eh?

if it fell x% in A minutes, what is the value of the variable "A"?

there needs to be an equality operator in your expression though. your equation as it stands is insoluble without an equality operator and a constant value to which your lhs equates


Cheesy
newbie
Activity: 24
Merit: 0
August 31, 2019, 09:23:09 AM
#1
Bitcoinc falls 7% in a minute.

What triggered the fall?
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