BTC 4000$ and ETH 100$ Now, what happened in crypto market? - page 2.

larrylegend33

member

Activity: 280

Merit: 10

Quote from: PDAngel on November 20, 2018, 06:48:57 AM

It is only natural to the market and it happened already many times. There are few reasons why this is happening but for me there is a big possibility that big whales are dumping their share in order to lower the price and buy it back again to make a good amount of profit.

So if you are a wise trader, you should also make this crisis into opportunity to buy more and store it in your wallet for months or even years until you will be satisfied with the price to sell.

I felt happy after i read your comment, because i would like to think in that way too badly! Yes there was many crisis like this one before and i have seen that.. But i think this time it is bit of different.. Everyone talks about the bitcoin price falling to 1k and then the bulls market would start.. I really can't decide what to do now.

Renal

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Activity: 434

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with bitcoin prices falling now that most people panic with the market where all sell bitcoins they have if you follow my advice that this will soon pass it is better we save the bitcoin we have as our assets in the future because bitcoin will not go too far.

cabron

hero member

Activity: 2800

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https://www.betcoin.ag

Quote from: mohammedmattar on November 20, 2018, 07:06:24 AM

Quote from: Stedsm on November 20, 2018, 06:51:15 AM

The fight between two big groups who've once been supporters of BTC - Roger Ver and Craig Wright (and his underground partner Calvin Ayre) about what to mine and which one to support (Craig came with BSV Bitcoin Satoshi's Vision concept whereas Roger had been supporting his very founded coin BCHSV). Craig warned publicly through media that if his coin doesn't get sufficient hashrate, he'll then need to buy more power for which he won't hesitate to drop BTC down even under $1000 and the sudden move of BTC from 6200 straight down to 5700 in a matter of hours shook the whole market due to which investors lost their confidence in crypto sphere and we're seeing the most awaited bloodbath in the history of crypto that swiped away more than 40 bn in just one day.

Unfortunately, the founders of the crypto show this low awareness
It was my opinion that crypto would suffer both of these fools and lose investor confidence
I belong to the end of these blood baths soon.

Doesn't this prove how centralize BTC and BCH are that miners can destroy the entire product and its community?

What Roger Ver is doing is making this crypto toxic while he kept shouting in interviews about him promoting anything that will bring economic freedom. IT looks like these guys are the ones destroying it. Will he once again fork his coin soon after this fork just so he can dump again?

meanwords

full member

Activity: 1624

Merit: 163

This thread proves to be informative. I can see the manipulation behind it and that sudden dump in price is because of the investors getting their confident in Bitcoin lowered because of some FUD and what the founders had said. We will see more in the next few months on what will happen next in the cryptocurrency world.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: levyashin on November 20, 2018, 08:23:05 AM

Actually nor btc 4000$ or nor eth is 100$ right now, they can drop to these figures but right now 4450 to 130 would be correct numbers.

I can provide two points of view one is optimistic and one is pessimistic. You can choose what to believe.

Optimistic: It is finding the bottom to start pumping again and entering into a bull market.

Pessimistic: Bubble has burst and everything will turn to zero.

3k is next target i am saying this since quite a while and i gave good reasons for that

levyashin

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Activity: 980

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$CYBERCASH METAVERSE

Actually nor btc 4000$ or nor eth is 100$ right now, they can drop to these figures but right now 4450 to 130 would be correct numbers.

I can provide two points of view one is optimistic and one is pessimistic. You can choose what to believe.

Optimistic: It is finding the bottom to start pumping again and entering into a bull market.

Pessimistic: Bubble has burst and everything will turn to zero.

cpoer2011

full member

Activity: 560

Merit: 108

The main cause is the battle between Bitcoin Cash SV and Bitcoin Cash ABC because they are also the Bitcoin supporters. But, some people said that there are some whale who manipulated this situation to get cheap bitcoin before the pumped it and get profit from it. That's what I think.

gilangIDR

legendary

Activity: 1526

Merit: 1001

I do not find it strange that this condition occurs, because we all know that this situation has often happened before. The price movement of Bitcoin and Altcoin is already quite terrible so we feel in a panic situation. I hope everyone can think quite positively, we all must continue to support the use of Bitcoin, because that is one of the points to increase positive changes for Bitcoin and other coins. If we are only carried away in a panic situation, the condition will worsen.

osmo

full member

Activity: 392

Merit: 100

I don't know for sure the reason, I read the news that there was a survey from KPMG public accountants who warned investors that bitcoin was not ready to be classified as a real currency that could be used to store value and payment instruments. maybe this is what makes crypto prices drop sharply

jrrsparkles

sr. member

Activity: 2520

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Hire Bitcointalk Camp. Manager @ r7promotions.com

It looks like high manipulation causing the prices too fell very low of this year but still the prices can get back to high when the investors are think that the bottom level is reached so let's wait for their decision to bump the coins and you also can get more profits like the big investors do.

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

Quote from: Stedsm on November 20, 2018, 06:51:15 AM

The fight between two big groups who've once been supporters of BTC - Roger Ver and Craig Wright (and his underground partner Calvin Ayre) about what to mine and which one to support (Craig came with BSV Bitcoin Satoshi's Vision concept whereas Roger had been supporting his very founded coin BCHSV). Craig warned publicly through media that if his coin doesn't get sufficient hashrate, he'll then need to buy more power for which he won't hesitate to drop BTC down even under $1000 and the sudden move of BTC from 6200 straight down to 5700 in a matter of hours shook the whole market due to which investors lost their confidence in crypto sphere and we're seeing the most awaited bloodbath in the history of crypto that swiped away more than 40 bn in just one day.

Meh, I don't think anyone seriously think CSW has access to any quantity of bitcoins (beyond the few that he has mined).

I do think the Bcash and BSVision (ha, love that the Bcash people used this tactic) dumpster fire had some impact (public perception, people perhaps seeing Bitcoin and crypto generally as being vulnerable to forks, people believing nonsense about CSW wanting to destroy the price of Bitcoin, etc). There's also the DoJ investigation into market manipulation (Tether related) and, of course, the crumbling of the ICO market (quite possibly encouraging founders to sell the last bits of their ICO proceeds and reducing demand for bitcoins and Ether from people who might otherwise have been encouraged to buy into ICOs).

Throw in FUD media pieces to add an air of inevitability to it all.

It will pass. Grin

allthebitandbobs

sr. member

Activity: 1162

Merit: 252

Quote from: BitcoinPanther on November 20, 2018, 07:26:04 AM

Seem there is really some problem and that maybe the reason why the price keep going down. I sent a bitcoin transaction from exchange last night (huobi to be precised) and it took more than two hours to be confirmed. Seem there is some people behind this event, meaning some organize move to FUD Bitcoin and drive its price down. Some confusion between BCH and BTC and now miners stuff, though I can say, instead of seeing this as dreadful thing this is a good sign that Bitcoin will rebound soon, I believe someone is manipulating the market to get Bitcoin cheaper.

As of ETH, it is overly hyped last year I guess, and there are lots of unfixed bug within that network so it is right to see it go down.

Remember the Bitcoin Cash crowd own a lot of bitcoin and most of the miners.I assume there hopeing if they drive the price low enough miners and people will start using their version of bitcoin instead.Craig white talked about this in a few interviews already.I think they're in danger of killing the goose with that lay the golden eggs. Since i see people and investor switching to more stable coins like true USD and POS coins then making one of the bitcoin forks the new king

Gamblet

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Activity: 476

Merit: 13

Now there are many intrigues connected with BitcoinCash on the market and this is due to the large number of sales. Buyers want to buy cheaper. and for this they do not interfere with selling to those who want to do it.

Harkorede

copper member

Activity: 2044

Merit: 793

There are so many controversial news/events surrounding the market and as such made it fall beyond redemption at least for this year, that's my opinion. Hopefully we could have a significant change in the 1st quarter of next year and that would subjected to if there aren't as much controversial news surrounding the market as we are currently witnessing.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Seem there is really some problem and that maybe the reason why the price keep going down. I sent a bitcoin transaction from exchange last night (huobi to be precised) and it took more than two hours to be confirmed. Seem there is some people behind this event, meaning some organize move to FUD Bitcoin and drive its price down. Some confusion between BCH and BTC and now miners stuff, though I can say, instead of seeing this as dreadful thing this is a good sign that Bitcoin will rebound soon, I believe someone is manipulating the market to get Bitcoin cheaper.

As of ETH, it is overly hyped last year I guess, and there are lots of unfixed bug within that network so it is right to see it go down.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

I thought ETH is worth at least $50 by now. I am surprised that it is still overvalued by that much. it really needs to go a lot lower than this to be considered at a healthy value since this year it has lost all of its market as ICOs continued to die with all the scams and all the bans that occurred in different countries.
I am wondering what they plan on doing with their fork coming. there will be another big dump by then as people panic because of its splitting into two coins with that fork.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

If many investors are going to leave the mid-market then there will be more to come. Why? there will be a lot of cheaper bitcoin that's on sale and this is what most investors love to see.

They are just waiting for those people to get out and sell their coins so they can finally have it with the cheapest price.

mohammedmattar

member

Activity: 448

Merit: 20

Quote from: Stedsm on November 20, 2018, 06:51:15 AM

The fight between two big groups who've once been supporters of BTC - Roger Ver and Craig Wright (and his underground partner Calvin Ayre) about what to mine and which one to support (Craig came with BSV Bitcoin Satoshi's Vision concept whereas Roger had been supporting his very founded coin BCHSV). Craig warned publicly through media that if his coin doesn't get sufficient hashrate, he'll then need to buy more power for which he won't hesitate to drop BTC down even under $1000 and the sudden move of BTC from 6200 straight down to 5700 in a matter of hours shook the whole market due to which investors lost their confidence in crypto sphere and we're seeing the most awaited bloodbath in the history of crypto that swiped away more than 40 bn in just one day.

Unfortunately, the founders of the crypto show this low awareness
It was my opinion that crypto would suffer both of these fools and lose investor confidence
I belong to the end of these blood baths soon.

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

This is the worst fall I've ever seen, since I join the Crypto Industry, But still I don't recommend to sell your coins today. Hodling it until the last Dollar will make you feel the feeling of a real hodler. Let just wait for the outcome of this fall, Let just hope that it won't finished and die soon. we still have some dreams to chase and hope to fulfilled.

Stedsm

legendary

Activity: 3052

Merit: 1273

The fight between two big groups who've once been supporters of BTC - Roger Ver and Craig Wright (and his underground partner Calvin Ayre) about what to mine and which one to support (Craig came with BSV Bitcoin Satoshi's Vision concept whereas Roger had been supporting his very founded coin BCHSV). Craig warned publicly through media that if his coin doesn't get sufficient hashrate, he'll then need to buy more power for which he won't hesitate to drop BTC down even under $1000 and the sudden move of BTC from 6200 straight down to 5700 in a matter of hours shook the whole market due to which investors lost their confidence in crypto sphere and we're seeing the most awaited bloodbath in the history of crypto that swiped away more than 40 bn in just one day.

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