Bitcoin went from $5420 to $5117 in 2 minutes! Bubble?

Pumared

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Quote from: michellee on June 01, 2019, 02:08:52 AM

Quote from: normanderecho on May 31, 2019, 05:01:11 AM

Quote from: Queen_Amber on April 25, 2019, 07:16:09 PM

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

In that scenario mate I think it just part of growing up of bitcoin and Its normal into bitcoin by up and down to its price daily. Don't accuse bitcoin in that way, if I were you I invest while its not too late. Because soon bitcoin will ris as skyrocket.

Yes, that is normal. Every time bitcoin growing up, there will be a time for bitcoin to go down and make the correction for a while. But after that, the price will get increase again and sometimes, the increasing of the price will be so high than before, and that will make us have the opportunity to make a bigger profit. But sometimes, the increase will be long enough to come, and no one will know about that.

If the price were to grow incessantly and infrequently no one would be investing in that asset. For it would come a time that you could not sell it or discard it because the cost will be too high and no one would cover it.

michellee

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Quote from: normanderecho on May 31, 2019, 05:01:11 AM

Quote from: Queen_Amber on April 25, 2019, 07:16:09 PM

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

In that scenario mate I think it just part of growing up of bitcoin and Its normal into bitcoin by up and down to its price daily. Don't accuse bitcoin in that way, if I were you I invest while its not too late. Because soon bitcoin will ris as skyrocket.

Yes, that is normal. Every time bitcoin growing up, there will be a time for bitcoin to go down and make the correction for a while. But after that, the price will get increase again and sometimes, the increasing of the price will be so high than before, and that will make us have the opportunity to make a bigger profit. But sometimes, the increase will be long enough to come, and no one will know about that.

Pumared

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Quote from: normanderecho on May 31, 2019, 05:01:11 AM

Quote from: Queen_Amber on April 25, 2019, 07:16:09 PM

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

In that scenario mate I think it just part of growing up of bitcoin and Its normal into bitcoin by up and down to its price daily. Don't accuse bitcoin in that way, if I were you I invest while its not too late. Because soon bitcoin will ris as skyrocket.

Bitcoin is not growing from the beginning, all the current values have already been overcome in the past. So any growth has an organic growth trend. That is, if Bitcoin currently rises, it is not necessarily a bubble, since values have already been surpassed in the past...

vasrasus

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Quote from: Marry Finch on May 31, 2019, 02:20:31 AM

Bitcoin had a price last night, according to the CoinMarketCap table, $ 8,738, and today its price has fallen by almost $ 500 and is $ 8,289. This is a manifestation of the usual price volatility of cryptocurrencies and is not directly related to the financial bubble. Moreover, the higher the price of bitcoin will rise, the greater the price amplitude of such volatility may occur.
The manifestation of a bitcoin bubble will manifest itself when it grows very quickly in its price, as it was at the end of 2017. What it led to, we have already seen.

Some traders and investors that targeted the $9k line probably removed some of their BTC, but it doesn't mean that it will last long since many positive investors aim to hold for now. It's not a bublle really or a correction. Price tends to move and up being a crypto that is volatile.

normanderecho

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Quote from: Queen_Amber on April 25, 2019, 07:16:09 PM

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

In that scenario mate I think it just part of growing up of bitcoin and Its normal into bitcoin by up and down to its price daily. Don't accuse bitcoin in that way, if I were you I invest while its not too late. Because soon bitcoin will ris as skyrocket.

Marry Finch

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Bitcoin had a price last night, according to the CoinMarketCap table, $ 8,738, and today its price has fallen by almost $ 500 and is $ 8,289. This is a manifestation of the usual price volatility of cryptocurrencies and is not directly related to the financial bubble. Moreover, the higher the price of bitcoin will rise, the greater the price amplitude of such volatility may occur.
The manifestation of a bitcoin bubble will manifest itself when it grows very quickly in its price, as it was at the end of 2017. What it led to, we have already seen.

Pumared

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Quote from: Bezobraznike on May 21, 2019, 04:41:49 PM

Quote from: Blacknavy on May 21, 2019, 04:29:47 PM

The fact that Bitcoin's price is too volatile does not mean that it is a balloon. This market is still in its early stages and the future Bitcoin will be much more valuable. The more the bitcoin is evaluated, the less volatile it will be.

Bitcoin is like a boiling water, bubbles appear and popping all the time. Nobody actually knows when this water will stop to boil, but we should to get used to such things as deep drops and pumps, even if it is happening in a very short period of time.

In such a revolutionary technology it is common for Bitcoin to have this great race all the time. Sometimes it can be manipulation or new users doing their shopping without knowing the reason ...

Bezobraznike

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Quote from: Blacknavy on May 21, 2019, 04:29:47 PM

The fact that Bitcoin's price is too volatile does not mean that it is a balloon. This market is still in its early stages and the future Bitcoin will be much more valuable. The more the bitcoin is evaluated, the less volatile it will be.

Bitcoin is like a boiling water, bubbles appear and popping all the time. Nobody actually knows when this water will stop to boil, but we should to get used to such things as deep drops and pumps, even if it is happening in a very short period of time.

Blacknavy

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The fact that Bitcoin's price is too volatile does not mean that it is a balloon. This market is still in its early stages and the future Bitcoin will be much more valuable. The more the bitcoin is evaluated, the less volatile it will be.

cryptoperkele

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Quote from: Queen_Amber on April 25, 2019, 08:40:39 PM

i understand you guys optimistic about bitcoin, but come on! this market is full of panic sellers and its obvious that one day people will panic sell it down to $1000... like all the newbies getting into bitcoin is making things very bipolar. like arent you guys at least a little scared about how much bitcoin can crash so quick?? its crazy to me Huh

This was my attitude in 2015, then i thought it would be a real possibility that this would be over. Now the Fundamentals are better then ever and i am more bullish then ever. Even the ta couldn't be looking better. But yeah, volatility can be scary, it can be highly profitable too.

GregH37

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Of course, some people will want to create this FUD that bitcoin will go down because there are two types of people who want it to go down, either the people who missed out on buying from the bottom and now they want it to go back down so they can buy some and than we can go back up or people who bought short futures which will help them if bitcoin goes down and hurt them when bitcoin goes up.

Never forget that there are always people out there who will want bitcoin to fail for their own agenda, humanity works that way, first what I want than what others need, even if someone sees the poor instead of taking the bus they will take the cab and not give the difference to poor people, that is how humanity is wired so if they want bitcoin to fail that is just good old jealousy.

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I think that price changes are normal because bitcoin is volatile, and we should keep thinking calmly so it's not easy to panic.

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Quote from: BitBite5 on April 26, 2019, 01:55:27 AM

I don't know why such surprise. By now everyone should have learned how the bitcoin is functioning and everything about volatility. Price can change very quickly, sometimes in our favor sometimes not but that doesn't mean bitcoin is a bubble. As well as went down it could easily go up again.

The OP must have really been a newbie to have been surprised at the sump to the extent of thinking it is a bubble and will plunge that low to $100, if Bitcoin was even to plunge deeper than it is now, what I expected is $4500 before continuing on its bull trend, things like this has happened a lot in the market, and like you said, it could be favor to some people.

Instead of us just speculating things that are not real or will happen like OP, we need to just create pump back by pressing people to buy and hold at this price, and then be patient till we see a price rebound which will always happen after correction.

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Quote from: Queen_Amber on April 25, 2019, 07:16:09 PM

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

Why does people are always arguiny whatever the price comes, if the price raise for more than a hundred dollars then they are saying it is the start of pump and if the price drops by couple of hundreds they are now worrying. Let us keep in mind that the price will move if the investors are simulteneosly did a same actions in the market.

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Do you even know what bubble is? The price was increasing very steadily and smoothly. It wasn't a one shot rise. No way this was a bubble. The price falling down to $5,117 might actually be a correction, that's it. We are still on the green side if you compare the price withing the last few weeks! And, no, its not because of one single entity the price has crashed. There might be other reasons too.

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Why can't dump fast? If bitcoin can pump fast. That's call volatility, and it's not unexpected. After dump you can see today again pumping. It was just a pull back and its growing again. I don't think anything wrong with it. Is it really possible that bitcoin will always pump? I don't think its possible. So its not matter of worry. That's the way how investors are getting profits. Seems on Binance, hourly candle ends up with green and new candle started with green as well. Also price playing around $5.3K. That's means in going recover of ATH of 2019.

Shinpako09

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Since i'm in crypto for how many years. I'm not surprised about quick changes in price. I've seen so much of that scenario. Btc is known for doing unexpected things so it wasn't new to see the price decreasing or increasing bigs in a short period of time more than you expected. It was kind of normal to me now.

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Quote from: Queen_Amber on April 25, 2019, 07:16:09 PM

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

I don't think it's gonna happen.

There was a big pump which until now we are seeing the price it has brought, a sudden dump could happen, this market is still volatile.
I will not complain because we are from $3800 and we reached $5400 and only dumped at $5117.
Even if it took minutes, what's vital is how long it has stayed, and I'm seeing a good price movement lately.

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Quote from: bitcoin31 on April 27, 2019, 09:03:04 AM

For $100 maybe someday but in just one day I don't think so because even dumping have processed happen they decreased maybe from this price incase to the $100 in just months only if the people continue panic selling their coin. But the happening right now is normal because we know market can rise fastly so it can down fastly too.

The ups and down will keep on happening and it does not mean that btc is a bubble and so it has fallen . It is volatile market so price will rise and fall as well and we should be more thinking form the long term perspective so that you can make money in long term.

bitcoin31

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For $100 maybe someday but in just one day I don't think so because even dumping have processed happen they decreased maybe from this price incase to the $100 in just months only if the people continue panic selling their coin. But the happening right now is normal because we know market can rise fastly so it can down fastly too.

Topic: Bitcoin went from $5420 to $5117 in 2 minutes! Bubble? (Read 716 times)