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Topic: Bitcoin fell again, what conspiracy? (Read 735 times)

sr. member
Activity: 756
Merit: 251
October 09, 2019, 06:31:20 AM
#87
Conspiracy big investor and company want to make bitcoin dump and panic selling from many people, they take moment to re investing with bitcoin on lower price hold for several week and bitcoin back again to higher, always have conspiracy between investor and company want to make drama with bitcoin.
It would be foolish of people to actually fall into this type of conspiracy again, two types of conspiracies that many users ought to have leaned by now, is that one that creates panic, and the ones that causes FOMO.

Most people that usually use this panic methods are just whales, they want to crumble the price so that they can get the opportunity to buy at lower price again which they usually do succeed, and after they have bought at lower prices, they tend to pump the coin again for those that will fall for FOMO, so that there can be rush for it to be purchased, thereby leading to an increase for the whales to gain some profit, but I think as a knowledgeable investor, we ought to have really known this and not to be too quick in taking actions without thoroughly studying the market first.

And the wise reaction is to remain reasonable despite what is happening to the market. Reacting with emotion will only make the picture cloudy and will end up with a bad decision. The problem is that many Bitcoin owners panic when there is a sudden fall. And then they will listen, read, and even believe in the conspiracies created almost immediately following unusual occurrences like that. Which are nothing but hollow stories. By the time there is a recovery, news will shift into a positive tone, and many people are now feeling that there is an upcoming bull run and they will develop fear within themselves and will then buy back with a more expensive price. This is the reason why many are becoming sheep.
hero member
Activity: 2828
Merit: 611
October 09, 2019, 04:03:52 AM
#86
Conspiracy big investor and company want to make bitcoin dump and panic selling from many people, they take moment to re investing with bitcoin on lower price hold for several week and bitcoin back again to higher, always have conspiracy between investor and company want to make drama with bitcoin.
It would be foolish of people to actually fall into this type of conspiracy again, two types of conspiracies that many users ought to have leaned by now, is that one that creates panic, and the ones that causes FOMO.

Most people that usually use this panic methods are just whales, they want to crumble the price so that they can get the opportunity to buy at lower price again which they usually do succeed, and after they have bought at lower prices, they tend to pump the coin again for those that will fall for FOMO, so that there can be rush for it to be purchased, thereby leading to an increase for the whales to gain some profit, but I think as a knowledgeable investor, we ought to have really known this and not to be too quick in taking actions without thoroughly studying the market first.
sr. member
Activity: 1288
Merit: 253
October 06, 2019, 11:52:32 PM
#85
Conspiracy big investor and company want to make bitcoin dump and panic selling from many people, they take moment to re investing with bitcoin on lower price hold for several week and bitcoin back again to higher, always have conspiracy between investor and company want to make drama with bitcoin.
sr. member
Activity: 1484
Merit: 276
October 06, 2019, 11:46:02 PM
#84
It's just a chain effect of the previous downfall we have experienced. Some holders having panicked and sold their bitcoins and that's where the supply and demand kick in. More sell orders we can expect that bitcoins price will go down for sure. There's nothing to be scared about its just a normal day for us.
sr. member
Activity: 1050
Merit: 252
October 06, 2019, 11:11:08 PM
#83
there is no conspiracy in action, it is just momentum. the price broke the very strong buy support at $9k+ and has been going down because of that thanks to a lot of stop loss orders, panic sellers with weak hands, lots of shorts and like always some manipulation.

I'm very surprised that people will see a demand and supply problem or situation of the Bitcoin market and just conclude with a conspiracy story or assumptions.  People don't really understand anything about the entire nature of the Bitcoin market portfolio...
Panic holders always find reasons to justify their actions, thinking that from each market movements they need to find things to give a hint to make a decisions.

You don't need to follow them but instead go to the other side and wait for the bounce back, most of the time after certain fall market recover back and bring much better value. You should trust your own observation and worry not to continue surviving inside  this industry.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
October 06, 2019, 10:37:51 PM
#82
It's simple, they just want to buy Bitcoin, and when you buy Bitcoin the smartest way to do it is cheap, that's why the "Shorts".

 Who buys and increases the price would be crazy, because then the price would fall and it would become a loss. They are only hunting "Stops Loss" of many positions and taking advantage of the offer that is in low price levels, after this happens, the price will rise only and effortlessly, it is the Law of Supply-Demand, no conspiracy of any kind, It's Trading.
hero member
Activity: 1484
Merit: 535
October 06, 2019, 10:04:59 PM
#81
there is no conspiracy in action, it is just momentum. the price broke the very strong buy support at $9k+ and has been going down because of that thanks to a lot of stop loss orders, panic sellers with weak hands, lots of shorts and like always some manipulation.

I'm very surprised that people will see a demand and supply problem or situation of the Bitcoin market and just conclude with a conspiracy story or assumptions.  People don't really understand anything about the entire nature of the Bitcoin market portfolio...
sr. member
Activity: 1274
Merit: 278
October 05, 2019, 11:06:09 PM
#80
I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

It is very broad when it comes to the factors affecting bitcoin now, what you've said about the trade war between China and America might induce the influence to other traders to sell their bitcoin and to buy altcoins or even cashout. Massive events like these is just one of the factors that we can consider. But right now, we shouldn't be afraid, bakkt's being launched will be a big factor for bitcoin to bounce back and turn the table in its favor again.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 03, 2019, 05:20:07 PM
#79
And then bitcoin increase, is there a conspiracy as well? Lol.

As others have said, the market is full of surprises, one day we panic when we see the price suddenly flash crash and then today we see 3% growth, so is everyone still shock by the price and blame it on conspiracies that the media is trying to picture?

We as crypto enthusiast should isolated those conspiracies or whatever and do think logically.

you got it! lol if every up and down movement will be connected to conspiracy theory, i dont think we will ever go this far. this is just a usual market movement affected by various factors surrounding the crypto community. nothing extraordinary or miraculous event is happening!
 we all know that crypto has very volatile market, so we should not be surprised by this inconsistent price movements.
hero member
Activity: 1666
Merit: 453
October 03, 2019, 05:07:42 PM
#78
For two consecutive days, Bitcoins fell late at night. There are many rumors on the Internet, some people say that the exchange joint bankers, institutions, a hanging of retail investors. Others say they are preparing for big organizations to come in one after another. But in any case, retail investors are innocent.

what do you think is the reason?
If you are thinking too much i will tell you something.
Every time bitcoin falls a large amount it gaing doubled.
Now! if this will affect you then it is good! you will earn more from this!
As long as BTC is not going up then buy now!
full member
Activity: 490
Merit: 123
October 03, 2019, 04:32:31 PM
#77
Why the time of the day is relavent here?
When you have night other places have day.

On topic of conspiracies and speculation on btc price, heard some wild option- BTC fell because of the rumors of quantum computing that it will soon decode btc easily, I personally dont believe in that.
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 02, 2019, 09:28:06 AM
#76
There are no conspiracies regarding the fall in price of Bitcoin. The market is just unstable at this point, and that's just what it is. It is most like going to spike up again, in a more stable condition. A lot of weak hands are probably just dumping the coin, hence the fall in price. If we could have more hodlers that would really help the market condition right now.
full member
Activity: 1456
Merit: 148
October 01, 2019, 03:16:46 PM
#75
Personally I don't see conspiracy that brought down the price of bitcoin but, can loudly say that; bitcoin fell because of the bakkt launched platform that has not affected the entire market. This has made many weak hands to sell out under the effluence of panic, and here we are with the price dwindling down.
hero member
Activity: 2464
Merit: 585
October 01, 2019, 03:16:21 PM
#74
I do not believe there is a conspiracy against the cryptocurrencies price.  if the price falls at night it might be a coincidence in a certain time zone.
to be honest I was a little hesitant about this conspiracy theory, because no one was able to prove it with fact.
Well,  that is what will come to the mind of some fast thinkers now, because why is it that all these while, it did not happen, but when bakkt was released and we expected it to do something was when the price crashed deeply and was like the bakkt caused it, which is also why Facebook need to choose the perfect time to get into the market because this could also happen during their own time to just discredit their project, but that is just the believe of some of us anyway.

It might just be a coincidence and maybe it is the usual correction that gives the opportunity to traders and investors to buy at a lower price again, but whatever it is, it is still a blessing to us that we are able to buy cheap again no matter the amount we can buy, Something will still come out of it.
sr. member
Activity: 686
Merit: 250
October 01, 2019, 03:10:41 PM
#73
I don't think there's an exact conspiracy behind this event. There are a lot of factors that affect the price of bitcoin, and this can either cause it to increase in price, or cause a depreciation. Many believe that one invariable factor that also leads to the fall of Bitcoin is when weak investors sell off their coins maybe as a result of fear, or what not. This will definitely result in an ultimate fall in price. I really do not agree with the idea that the war between China and the US is what is affecting the price.
hero member
Activity: 1596
Merit: 566
Eloncoin.org - Mars, here we come!
October 01, 2019, 11:29:55 AM
#72
I think this price reduction is related to the trade war between the US, China and the countries concerned. In my opinion, this is a good sign for new investors to enter this market. The value of BTC will increase sharply in the near future, very soon.

Come on mate, I disagree with this when it comes to business they bend down their knees and relationship bonds become stronger this might be a manipulation from big whiles to scare panic sellers. Because there are lot of possibilities the market might go Higher in the last quarter as most of them prefer to buy on Christmas season.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 01, 2019, 11:03:11 AM
#71
I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

I disagree if it is said that the decline in the price of bitcoin is due to trade war between U.S with China. A trade war has been going on for almost two years. And I don't see any connection between trade war and the current decline in the price of bitcoin. Bitcoin prices are moving lower due to the absence of positive sentiment that lifted prices.
A routine cycles coming from the whales who have a broader knowledge regarding to this business. It's not related to any trade wars as you mentioned that this issue was been there for almost two years. The relevance of this decline from the whales movements are much closer to possibilities rather than the trade war issue. Big holders after shaking the market will start to buy back and lift the value to rise again without any notice from spectators. hold tight and wait for the time of the bull.
copper member
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
October 01, 2019, 11:03:03 AM
#70
why is it that when market or btc fall is why we used to see lots of complain from pple but if it pump then we have lot of positive vibe but every good trader should know that market works in both direction and have to be followed when necessary not thinking its all conspiracy while i even feel that pump is the most conspiracy thing we had seen in market.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 01, 2019, 10:47:51 AM
#69
I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

dollar trade wars been going on for decades, centuries even, weak economy been going on since 2008... come on atleast try a bit better and stay relevant to this year

how about all those futures options that expired last year, people put into another yearly contract which they are now closing those contracts.(meaning something relevant to the last 12 months)

how about all those hashrate chatter causing people to panic because its not supporting a good bottom floor value line support(2 month floor puts btc at a ~$7k cost to mine).. in short the $10k price was inflated/bubble and not 'good value'

how about people now trying to register with brokers to use things like bakkt instead of buying direct thus less buyers and more sellers on the exchanges.

anyways. if you want to stick to the decade view of causes, here is the best one.
bitcoin has and will always be volatile like a stormy sea. with waves going up and down. dont expect a perpetual tidal wave growing constantly bigger and bigger. dont expect smooth sailing. always expect ups and downs
You just hit the spot mate!
I acknowledge the volatility which is why I am least worried of the current fall in bitcoin's price.
I was just waiting for people to bring out hillarious reasons as to why bitcoin's price would have fallen.
By the way, the 'hashrate chatter' was the most hillarious one for me this year  Grin.
sr. member
Activity: 924
Merit: 265
October 01, 2019, 09:57:55 AM
#68
Why does people's mind set to make doubt on a normal situation? From 10k mark down to 8k there is already a conspiracy? That is volatility and people here should know that. And how you come up with the conclusion that the price always moves at night? There are lots of things to consider and there are lots of people, organization and whoever uses crypto contributes to the movement of it. Dont be alarmed when the price drops because there are also people who are waiting for this moment for them to buy.
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