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Topic: Bitcoin went from $5420 to $5117 in 2 minutes! Bubble? - page 5. (Read 759 times)

legendary
Activity: 1414
Merit: 1001
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?
Indeed there are people who have very large funds and these people can make price changes so quickly. The person has the ability to dump and pump easily. But there is also a public situation, because the price of Bitcoin is influenced by demand factors, so that when the public is confident the price increases and when confidence decreases due to negative news, the price decreases.
newbie
Activity: 37
Merit: 0
I did a video explaining 3 reasons causing the crash, check it out here and please if you like it take a minute to subscribe to the channel and like the video.

Video: https://www.youtube.com/watch?v=KlaEhaX0o8s
hero member
Activity: 1316
Merit: 407
Top Crypto Casino
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?


The asset has much demand, nothing more.  If you are buying without knowing the reason the error is not of the asset, the error is yours.
member
Activity: 214
Merit: 11
Cryptocurrency is the FUTURE!
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
newbie
Activity: 50
Merit: 0
unless someone is holding a dozen or more bitcoins, i dont see a 300 drop really being much of massive drop.
most users that i have experienced hold not even .5 btc, so this 300 drop doesnt seem as if it will scare off very many people
jr. member
Activity: 35
Merit: 2
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?

- Indeed, it is a very good buying opportunity.
hero member
Activity: 882
Merit: 595
Is the crypto bubble finally coming to an 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 think the crypto bubble still there but to think that the price of bitcoin turn to $100 is almost impossible,
because if you think that would happen then how much money it takes for people to dump bitcoin to 100$?

hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
Too much worried? seems new? no it's not new anymore. We've got to see this happen whenever the market pumps that much.

Why and HOW is it possible for bitcoin to dump that much that fast?
Whales sold and followed by panic selling.

Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?
No it isn't controlled by anyone. To say at least, well bitcoin might pump to that extent and unbelievable high price and it could also go down as low as your expected price.
full member
Activity: 686
Merit: 108
Its profit taking and not a bubble. We are stable for almost a month on $5k so I think its not a bubble and bitcoin is not a bubble. Don’t worry because its just a small correction and expect a more high price as we enter in the second month of the quarter.
legendary
Activity: 1218
Merit: 1007
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 $100 one day?
haha, it's never ending. Bitcoin has dumped that much so quickly and can say the absolutely opposite, it has risen up very quickly too, by 4k in one week when there was old good times of rising from 600 usd to 20k.
There is no way bitcoin will be 100$ one day, if that happens, believe me, this coin will be dead even if giving up on mining won't kill before.
At the current difficulty, Bitcoin will 100% be dead due to a lack of miners before it dies due to low exchange values. Even with the decrease in difficulty, if the big miners don't want to mine, there's almost no reason for anyone else to want to mine either.

Now, I don't want to say it can never happen, as I remember back when Bitcoin had sat at the mid $100s sometime during summer 2015(?), but the chance of it happening now should be close to zero. Considering it went down from $20k to only about low $3,000s, that's already a testament to Bitcoin's resilience. It could have completely tumbled further than that, but it didn't. There's still a lot of money in Bitcoin and a lot of people are interested in seeing it succeed. That's one of the great things about the Bitcoin community.
full member
Activity: 2548
Merit: 217
Stay cool and relax its a normal for bitcoin fluctuation moves. Since the bear market start we know and can get all get learn all about fast movement of price pump and dump situation.  
member
Activity: 94
Merit: 19
In reality, a loss close to 6% is not as abnormal in the crypto market, as it would be in any other market,  where a 2% fluctuation can be of great concern to investors.

Keep in mind that every market moves with this type of fluctuations permanently, because there is no currency or asset that only moves in a linear way up, but a major correction usually occurs after a movement of great magnitude, and not we must forget that bitcoin in this month has grown more than 50%.
full member
Activity: 924
Merit: 221
It is just normal. It seems that the market price has been controlled of to where they make an adjustments on what price that it will fall after calculating the possible selling og BTC and that I think the seller would.not like to make BTC drop below to 4K usd again.

Well, this is another good time to invest while market is down. Putting some money on it will let you earn in next few weeks. BTC has just started to make recoveries so there is no way it can go down again.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
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 $100 one day?
haha, it's never ending. Bitcoin has dumped that much so quickly and can say the absolutely opposite, it has risen up very quickly too, by 4k in one week when there was old good times of rising from 600 usd to 20k.
There is no way bitcoin will be 100$ one day, if that happens, believe me, this coin will be dead even if giving up on mining won't kill before.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
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?
Everytime there will be some minor price fluctuation in between, and the same has taken place now. The same will be recovered at the shortest and for this we can't say it a bubble. Also there is no proof that it is a shattering of the market by a single entity. Around some $300 difference is acceptable as massive drops have taken place earlier this year. Upon these market drops we don't need to panic of someone taking the price as low as $100 someday.
member
Activity: 214
Merit: 11
Cryptocurrency is the FUTURE!
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?
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