Topic: Bizarre crash! What cause bitcoin crash?? - page 4. (Read 744 times)
I called Satoshi to drop the price, so that I can buy a few more. Thx Satoshi.
What do you mean by saying "come back at number 1? " Bitcoin always was number one and it will remain at that position till the crypto ends! The crypto market has volatility nature, so sometimes the price goes up or down! Though I am not sure why this time Bitcoin price crashed but it already started recovering. And yes, holds the best decision in this situation but whoever can buy they should buy bitcoin right now, otherwise we won't get this cheaper price again before the Bitcoin halving!
Basically the top-ranking only depends on the market price and market capitalization that bitcoin has in the market. It doesn't fit all the characteristics of the best cryptocurrency should be. But I see, bitcoin right now is in a declining move, and the support is between 4-5k dollars. If we could see it breaks the support, then further decline will follow. But at this moment it keeps on having a positive market graph now, so we shouldn't worry too much about it.
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?
not only because of market uncertainty, we need to realize things like this are common where bitcoin prices can go down at any time because it is in a downward trend as well as up, so what should be questioned and what should make people panic, whenever bitcoin it will still be number 1 because there is no bitcoin then there is no other altcoin, many people expect big predictions of bitcoin in 2020 while I say the peak is in 2021, running in the next 2 years slowly but surely, realizing bitcoin crashes the chance everyone buys it cheap when this
I think that we should buckle up because we might see more of this crash as we near halving. The price dropping at this level means it is cheaper to accumulate bitcoin in anticipation of the price hike after the halving. A little dump and pump mean more bitcoin for the manipulators.
Bitcoin is still and always #1.
Bitcoin is still and always #1.
What do you mean by saying "come back at number 1? " Bitcoin always was number one and it will remain at that position till the crypto ends! The crypto market has volatility nature, so sometimes the price goes up or down! Though I am not sure why this time Bitcoin price crashed but it already started recovering. And yes, holds the best decision in this situation but whoever can buy they should buy bitcoin right now, otherwise we won't get this cheaper price again before the Bitcoin halving!
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?
Yes, it did crashed below $7000 in the last 3 days but it soon bounce back to $7300 as of the moment? Maybe the second crash was simply speculators taking profits and then buying back again that push the the price again. Of course we wanted people to just HODL, but this is a free market, everyone can do anything with their Bitcoin and as long as someone is making profits, you can't stop them by selling-off. And as per cmc, we are almost in the 10% increased in the last 24 hours. Good? not sure, we might see some short here, so just prepare for the worst.
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?
A little price fluctuation isn't a "crash", stop using that word every time you see the price go down a bit. Crash is not a word you use when you see today a price lower than yesterday, price is reserved for "steep double digit" loses, such as a 90% loss...
It is even more ridiculous that you use the word "major", implying there is also a "minor" crash.
https://en.wikipedia.org/wiki/Market_crash
TL;DR: crash != down.
Also bitcoin remains #1 in all situations, since most altcoins move with it, while the opposite is not true.
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?
I am surprised that you seem shocked with this latest market development of Bitcoin. For many times, Bitcoin's volatility roared its head and that is what we are experiencing right now. In many cases, the real and possible reasons will only surface after the said big dip when analysts can have all the time of their lives dissecting and explaining the details why there had been such a severe "crash" experienced by Bitcoin. Bitcoin has had been this way for many years now and I am also sure that this is not going to be the last. In an open market such as what we have now, people can easily be led to "oblivion" and manipulated to panic and sell their Bitcoin holdings pushing the market further down. And people can listen to just any possible bad news and react negatively, thus instead of holding they might add to the sell pressure of the asset. However, we should not worry that much because Bitcoin will soon be going up.
after price reached $10k exactly a month ago and couldn't break it completely and continue the rise, the trend was reversed. but as price came down back to $8k levels to consolidate and reverse back up, a panic sell started with a big dump on 22th which is probably manipulation that caused the big crash you are talking about that day.
then after 3 days of down trend and panic sells price reached a bottom where there were no more sells left so it reversed and now it is coming back up for about 2 days now.
then after 3 days of down trend and panic sells price reached a bottom where there were no more sells left so it reversed and now it is coming back up for about 2 days now.
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?
I don't get what you try to say, because bitcoin always stays at the top. With the present market or with something more potential it is not an easy thing to overcome bitcoin. This is not a bizarre or a major crash, when there is drastic fall in value it is predicted to reach much low. Now the market has gained good resistance to keep up the price without falling deep.You've made close to 400 posts, but hasn't received any merits yet. As a small reward of appreciation and efforts from your side I wish to give you what I can.
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?
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