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Topic: Bitcoin just jumped $200, and then dumped $100... - page 2. (Read 1038 times)

newbie
Activity: 21
Merit: 0
I don't like what I'm seeing, looks like someone from behind is manipulating the price to their advantage. The price swing is not organic for me, the only one that is benefiting from all of it is the whales. As much as this practice is really fraudulent, we cant really do anything about it. I hope casual traders are not swept by this market manipulators though, and hope that they can at least get a share from the profit today.
All the crypto currency market is speculation. Why do you complain that someone is speculating?=)
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
I don't like what I'm seeing, looks like someone from behind is manipulating the price to their advantage. The price swing is not organic for me, the only one that is benefiting from all of it is the whales. As much as this practice is really fraudulent, we cant really do anything about it. I hope casual traders are not swept by this market manipulators though, and hope that they can at least get a share from the profit today.
legendary
Activity: 2576
Merit: 1655
This is not something for the faint hearted. If i were to trade in that then lose a substantial amount of bitcoin i might be having a heart attack. That is why i am just sticking to buying at the lowest possible price and hodl until the amount that i am aiming for have been reached. Saves me the hassle in looking into the chart and monitoring every second. If stock market is volatile then bitcoin is in another dimension when it comes to volatility. insane dump  Shocked

Good strategy mate. Bitcoin nowadays is not for the weak and risk taker because it will really cause a big stress in your daily life. That's why buying at low and holding for long term is the best option for some of us. But for traders who is willing to risk to do day trading, they have advantages to make a good profit although it involves a lot of experience on their part. And I'm sure with the current price swing, there are a lot of big boys earning by the millions today.
full member
Activity: 271
Merit: 103
Bitcoin prices are heart-shocking, but believe me all is fine, because bitcoin prices are like that every day.
full member
Activity: 154
Merit: 100
This is not something for the faint hearted. If i were to trade in that then lose a substantial amount of bitcoin i might be having a heart attack. That is why i am just sticking to buying at the lowest possible price and hodl until the amount that i am aiming for have been reached. Saves me the hassle in looking into the chart and monitoring every second. If stock market is volatile then bitcoin is in another dimension when it comes to volatility. insane dump  Shocked
hero member
Activity: 2842
Merit: 772
its because someone with loads of volume wanted to get in. Lots of fomos getting onboard now.
Im long from 700 Smiley

Then FOMO are real. LOL. Yeah this price swings are not for the faint of heart although we love to see how things are going now. If went to $6400 briefly then went down again. hahahaha.

If for beginners in the world of crypto may be very surprised to see the movement of bitcoin that goes along with the rollercoaster, but for those who already understand this is normal. Grin

For those who have really understand, then this is no surprised although as I have said, its really fun to see those kind of swings in a few minutes or hours. But for those who have joined the picture recently, its gonna be a mixed emotions for them, some might get nervous specially when it fall in couple of minutes, while others are enjoying seeing that they are making a profit (although small).
legendary
Activity: 1904
Merit: 1074
since when do we get excited about 3% fluctuations in bitcoin?

i remember when i started price moved 10% and people were just saying "it is bitcoin, that's normal". then 20% was a big movement that people started thinking about it. then 30-40% were something to make a topic about.

Well, in the early days big fluctuations was common, because the whales was much bigger. I believe a lot of these whales has sold

some of their coins over the years, so the manipulation should have decreased. We also had less exchanges, so the volumes was

much bigger and it was easier to manipulate fewer exchanges. In theory, volatility should decrease even more, as bitcoins are

distributed more evenly.  Grin
full member
Activity: 238
Merit: 100
... all in the space of a few seconds. Check the time-stamp.



Cool
I do not care  it has dump how much dollar but I know one thing for sure it has increased by $ 100  Grin Grin Grin Grin
sr. member
Activity: 402
Merit: 250
If for beginners in the world of crypto may be very surprised to see the movement of bitcoin that goes along with the rollercoaster, but for those who already understand this is normal. Grin
sr. member
Activity: 616
Merit: 252
its because someone with loads of volume wanted to get in. Lots of fomos getting onboard now.
Im long from 700 Smiley
full member
Activity: 228
Merit: 100
"look again" - by Morpheus in "The Matrix"
full member
Activity: 224
Merit: 101
love this rollecoaster! in a couple of mins it went up for nearly 400$ and then back down, this crypto world is not for weak heart.
Sometime is really scary indeed, but there's still room for improvement (toward the top or the bottom) Cheesy

That's is the most important part because in a matter of minutes things might either change for the better or otherwise just like what is being witnessed not too long ago. But the issue is that a lot of people got into bitcoin with the wrong orientation which therefore affects the way they react to issues happen in the market. How I wish the way the people are happy they now they can show the same resilience in situations when the price is crashing to everyone amazement.

you, i like you.. great minds think alike!
You know why i'm not scared and will be an holder even if BTC would drop to 100$? Because the small amount i have was earned with hard work, giving advices, helping the community and so on, there was no investment involved (my financial situation is not the best ever), in all honestly, i don't know i would react if i would have invested real money, with my own money involved i would be so stressed because investing money i would have used to buy stuff i need (not luxury crap but useful things) it's a different story.
newbie
Activity: 40
Merit: 0
that how the big guys trick us
hero member
Activity: 798
Merit: 503
love this rollecoaster! in a couple of mins it went up for nearly 400$ and then back down, this crypto world is not for weak heart.
Sometime is really scary indeed, but there's still room for improvement (toward the top or the bottom) Cheesy

That's is the most important part because in a matter of minutes things might either change for the better or otherwise just like what is being witnessed not too long ago. But the issue is that a lot of people got into bitcoin with the wrong orientation which therefore affects the way they react to issues happen in the market. How I wish the way the people are happy they now they can show the same resilience in situations when the price is crashing to everyone amazement.
sr. member
Activity: 490
Merit: 258
I wish I didn't stopped gunbot from doing he's thing. Ha ha! It could have been fun if I earned some USDT on that quick jump. Anyway, I'll watch the movement and try to get some money out of it. I was thinking earlier to maybe margin trade this whole day.
full member
Activity: 364
Merit: 100
Why the price is rising? I thought if there is a danger of Segwit2x - people will sell BTC and buy Alts/USDT. Crazy time,guys!
legendary
Activity: 3906
Merit: 1373
copper member
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
It definitely is a joy ride for those who are holding BTC at the moment. Time for some party. I must say that it was real difficult to find the dump since the majority of pump took over the slight dump. BTC is increasing so quickly I fear there is gonna be a dump in near future.
The price has increased almost $400 within the past 24 hrs and this huge increase in price indicates a short dump for sure.
The China Hype and the upcoming fork might be the reason behind this pump in price.
hero member
Activity: 2702
Merit: 672
I don't request loans~
... all in the space of a few seconds. Check the time-stamp.



Cool
It's like a roller coaster. Its market value falls and increases from time to time. And in that graph, it shows that the increase is still bigger than the bacdrops which is also another reason on not to worry whenever there are declines on its market value. So thw best thing to do is to still hold and wait patiently.
hero member
Activity: 1470
Merit: 655
since when do we get excited about 3% fluctuations in bitcoin?

i remember when i started price moved 10% and people were just saying "it is bitcoin, that's normal". then 20% was a big movement that people started thinking about it. then 30-40% were something to make a topic about.
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