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Topic: Bitcoin Went Crazy On 12/11/2019 ! (Read 414 times)

newbie
Activity: 25
Merit: 0
November 25, 2019, 09:45:40 AM
#58
Be calm, soon everything will be fine, drink cocoa with marshmallows and wait.
newbie
Activity: 3
Merit: 0
November 25, 2019, 08:55:15 AM
#57
Yo sufri la caida del bitcoin cuando estaba en 20k, lo compre por recomendación de un amigo al que estimo mucho que me aseguro que esta criptomoneda subiria a 50k, despues cayo terriblemente, desde ahí tengo una experiencia amarga acerca del bitcoin. Felizmente ahora este año 2019 cuando subio a 10k pude retirar mi dinero.

Actualmente solo hago forex, tal vez algunos de se estén preguntando y Que es forex y como funciona? pues basicamente es como el bitcoin, compra barato y vende caro. Lo bueno que en forex no es tan arriesgado invertir como en las criptomonedas.

Espero a alguien le haya servido de utilidad mi experencia.


Saludos
legendary
Activity: 2674
Merit: 1226
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November 25, 2019, 02:43:15 AM
#56
I think some western traders already cashed out for Christmas sooner than previous years lol. BTW, according to what I read, some whales tried to create FUD (Binance office raid, China ban more crypto exchange..etc..) to accumulate more BTC. Besides, some China ponzi organizations sold on Huobi and Okex leading to this severe dump.

Western traders? Check out the timing of all these dumps. Past few weeks is all at the late morning and noon time of China;) Unless Americans and Europeans all like to stay up late, I don't think we can "blame" any particular geography here.

Take the chance to accumulate at low prices, be like the whales, buy the dip!
sr. member
Activity: 1064
Merit: 265
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November 25, 2019, 02:42:38 AM
#55
Could do with another crypto bull run right about now, though in reality we are in the middle of the crypto winter...

No, the downtrend is just getting started !!!!   When you see Bitcoin below 1000.00 then you can call it a crypto winter 🤣🤣🤣🤣

Do not worry, Bitcoin will be below 1000.00 sooner than you think.

Hard Facts
Ok? Now you are holding btc?And if you don't have enough faith in btc then what are doing here man.Go out and chill bro.Crypto markets ups and downs is not new.See the History you will understand.If btc down to 1000$ then I will but 5to 10Btc for sure.
sr. member
Activity: 1358
Merit: 326
November 25, 2019, 02:24:26 AM
#54
It just means there will be another target, either huge dump that may shake the cryptosphere or a huge pump. Either way the current price as of today is $6,500. And i remembered the last year's price at $3,000 with the same month.

Somehow, I think we don't have to be worried, this is just a preparation for the major pump that will gonna happen next year, remember that halving event will occur next year.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
November 24, 2019, 06:54:49 PM
#53
Could do with another crypto bull run right about now, though in reality we are in the middle of the crypto winter...
legendary
Activity: 2296
Merit: 1014
November 24, 2019, 06:47:59 PM
#52
Disgusting BTC making me insecure !
You must be new here.
Bitcoin price and why its move this or that way interest you at your first bubble and some after. Then you just don't care, you are with bitcoin for good or bad. Sometimes you quit loosing all, sometimes you hodl and sell on next bubble.
Everyone carving their own way.
hero member
Activity: 2660
Merit: 551
November 24, 2019, 06:24:20 PM
#51
Bitcoin is being volatile as we all know. There is a pump and dumps so that's not a crazy thing. This week it has decreased so much. Cannot predict what will happen in bitcoin. Hope in future there will be an intense increase.

I don't know if we call it a pump and dump, for maximalist argument, bitcoin doesn't work like that and those terms are just reserved for Altcoins. Anyways, as the dust has settled in the last two days, we have seen that this crazy movement was due to the fake news that Binance office was shutdown by the police in Shanghai. And that China friendliness to bitcoin is just fake as it gets.
newbie
Activity: 2
Merit: 0
November 24, 2019, 03:47:01 PM
#50
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Bitcoin did a lot of craziness last past weeks and what my attention went to this last 2 days is Bitcoin pumped and dumped in an expected way what's going on with it?!
Just found out on a tweet that it does a madness, you can check out the tweet:

https://twitter.com/TechnicalCrypt1/status/1194624162800652288

Disgusting BTC making me insecure !



I think some western traders already cashed out for Christmas sooner than previous years lol. BTW, according to what I read, some whales tried to create FUD (Binance office raid, China ban more crypto exchange..etc..) to accumulate more BTC. Besides, some China ponzi organizations sold on Huobi and Okex leading to this severe dump.
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This is normal since the introduction of leverage trading. When you could only sell in anticipation of the dump the market was more stable but now every move can trigger an avalanche of bot sales and liquidated shorts. That fast move up and down looked like a short squeeze attempt.

Somebody wanted to liquidate people so he bought a lot of coins to pump the price but it didn't go very far and he saw that and sold everything he bought minutes earlier.
Perhaps you mean 11/12/2019 (November 12, 2019)
I'm sure he meant the above and that he was writing the date in the european style, which I'm also not used to.
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Disgusting BTC making me insecure !
You sound like you might have more invested in it than you can afford to lose if these price swings are driving you crazy.  Maybe you should reevaluate how much bitcoin you own so you can keep your sanity, because this past week hasn't been any more crazy than a lot of other times in its history.  Plus, this kind of volatility is going to be a part of bitcoin and altcoins for the foreseeable future.

I wasn't into bitcoin in the early days, but by looking at the chart I can see that those were probably the most insane times imaginable, right up until Mt. Gox crashed.  And I do vividly remember 2017 and how wild the market was then.  It was going up, so everyone was euphoric but it can also go the other way too, and just as fast.

I agree, it's full of swings and roundabouts and that kind of turbulence should be expected to continue. I've no doubt that Bitcoin is the most solid investment to be made still (Ethereum not too far behind) but its not for everybody... ive seen a few guys already lose their shit with every dip.

Bitcoin is known for its volatility. There nothing crazy about it. Historically Bitcoin has been more volatile than what it did on Nov 12th. If you go back and check the price of Bitcoin for the last two years, it has outperformed.

The current price of Bitcoin is $8800. If you. Heck the price in the last two years it was:

2018 12th of Nov - $6371
2017 12th of Nov - $5950.

There is an increase of  $2850 if I consider the price of 2017. Therefore everything is going in the right direction. Stay positive..

You said it right. Bitcoin may go up or down 20 % in a mater of few hours.

Yep. Totally agree with this also.
We could even see higher percentages than that on average as the commercial banking world gets more and more involved in trading.
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hero member
Activity: 1432
Merit: 500
November 24, 2019, 05:55:43 AM
#49
Bitcoin is being volatile as we all know. There is a pump and dumps so that's not a crazy thing. This week it has decreased so much. Cannot predict what will happen in bitcoin. Hope in future there will be an intense increase.
newbie
Activity: 11
Merit: 0
November 16, 2019, 03:05:31 PM
#48
Not at all ! check what is written on this
https://t.me/joinchat/AAAAAFU3d8JoLA4f3MXI2Q
sr. member
Activity: 1610
Merit: 301
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November 16, 2019, 10:11:20 AM
#47
Bitcoin is known for its volatility. There nothing crazy about it. Historically Bitcoin has been more volatile than what it did on Nov 12th. If you go back and check the price of Bitcoin for the last two years, it has outperformed.

The current price of Bitcoin is $8800. If you. Heck the price in the last two years it was:

2018 12th of Nov - $6371
2017 12th of Nov - $5950.

There is an increase of  $2850 if I consider the price of 2017. Therefore everything is going in the right direction. Stay positive..

I differ from this comparison. BTC is too much volatile and year to year comparison is not justified. On 18 Dec 2017, price of BTC was 19000 USD while on 18 Dec 2018 it was 3780 USD.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
November 16, 2019, 10:01:07 AM
#46
Now that's what bitcoin is known for. If we check the history of bitcoin, we can notice that whenever bitcoin stays idle for a long time it suddenly pumps or dumps out of nowhere.
It's the nature of bitcoin since it doesn't stay in the same price for a longer period of time. It keeps fluctuating, sometimes up and sometimes down.
sr. member
Activity: 1372
Merit: 264
November 16, 2019, 09:50:43 AM
#45
This is just nothing and also this already happening before it will just go up or down and still no specific reason on "why pump?" "why dump". And that question will all over again and nothing new.

Tha's the reason on why is better to hodl and accumulate more bitcoin because in the end still getting a profit even for a long time.
full member
Activity: 1372
Merit: 137
November 16, 2019, 09:21:30 AM
#44
Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys

Are you trying to promo your own signal group? today is 16/11 and nothing happens and please do not spread such baseless information!
Now November 16 and in a few hours it will change November 17 and until now there have been no signs of an increase in bitcoin and what is happening bitcoin is decreasing, and I appreciate your statement because an increase in bitcoin is everyone's hope.
but nothing is impossible for bitcoin and anything can happen to bitcoin, and bitcoin can turn things around in no time.
Guys, I always said that you can’t fully rely on any signals that would help you achieve success in the cryptocurrency market.  Almost all signals have the sole purpose of manipulating cryptocurrency users.  Perhaps several times using the signal you will get the result, but it will only be attracting attention for more users, then to use this situation for someone's good.
sr. member
Activity: 1638
Merit: 278
November 16, 2019, 09:02:22 AM
#43
Well, what can we say, we just need to continue to deal with the volatility until we get the chance to reach your own goal, don’t forget that everyone that invested in bitcoin all have the reason why they pulled out their fiat too deep into the market and sometimes, what you see is that some people's needs are met and then they take their money out while some people still wait till further notice, and the point you see that someone dropped the price by pulling out is the point that you see another person seeing it as an entry point and then he buys.

If you are not the type that is a patient person for a long-term holder, I think that it is best that you just continue to trade with it, so that all those opportunities would be a way of you making money also.
sr. member
Activity: 2590
Merit: 452
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November 16, 2019, 08:48:15 AM
#42
Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys

Are you trying to promo your own signal group? today is 16/11 and nothing happens and please do not spread such baseless information!
Now November 16 and in a few hours it will change November 17 and until now there have been no signs of an increase in bitcoin and what is happening bitcoin is decreasing, and I appreciate your statement because an increase in bitcoin is everyone's hope.
but nothing is impossible for bitcoin and anything can happen to bitcoin, and bitcoin can turn things around in no time.
newbie
Activity: 11
Merit: 0
November 16, 2019, 07:46:54 AM
#41
Bitcoin is known for its volatility. There nothing crazy about it. Historically Bitcoin has been more volatile than what it did on Nov 12th. If you go back and check the price of Bitcoin for the last two years, it has outperformed.

The current price of Bitcoin is $8800. If you. Heck the price in the last two years it was:

2018 12th of Nov - $6371
2017 12th of Nov - $5950.

There is an increase of  $2850 if I consider the price of 2017. Therefore everything is going in the right direction. Stay positive..

You said it right. Bitcoin may go up or down 20 % in a mater of few hours.
newbie
Activity: 13
Merit: 1
November 16, 2019, 07:10:07 AM
#40
Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys

Are you trying to promo your own signal group? today is 16/11 and nothing happens and please do not spread such baseless information!
hero member
Activity: 1008
Merit: 511
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November 16, 2019, 06:31:23 AM
#39
Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys

It's already November 16 now and there is no major movement in Bitcoin's price, I admire your bullish perspective but it looks like your source is not reliable. Anyways, I strongly believe that the sudden dump of Bitcoin recently is an attempt of whales to acquire more Bitcoin in cheaper price in preparation of the next bull market.
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