correct me if I'm wrong - page 2. | Bitcointalksearch.org

Daifotis

newbie

Activity: 49

Merit: 0

Quote from: MentalCrush on February 06, 2018, 06:57:06 AM

I think all the newcomers (newbies) are now leaving the market with panic selling and that's what is keeping the downfall of course the bad news about bitcoins also helped.
I'm sure bitcoin and most of crypto currencies will never crash don't forget the drug market that is running on bitcoin they will NEVER let bitcoin crash.
maybe this year's downfall is more than any year because the Chinese holiday (which is normal every year) but the new thing this year is that a lot of new people joined the market who have absolutely no experience with bitcoins so they are panicking. so the Chinese and the new traders together are making a huge impact on the market , bigger than any other year.
I'm a newbie as well so if I have a wrong thought or thinking in a wrong way please correct me.
thanks.

I don't think so.

Even those newcomers will leave the market, it's not enough that they can shake the market for about massive large dip. The one who did some big dumps are the big players and those newcomers just did some collateral percentage on the current price drop.

13abyknight

sr. member

Activity: 602

Merit: 252

Quote from: MentalCrush on February 06, 2018, 06:57:06 AM

I think all the newcomers (newbies) are now leaving the market with panic selling and that's what is keeping the downfall of course the bad news about bitcoins also helped.

FUDs are causing a lot of chaos among new traders and they are resorting to panic selling all their holdings which is the main reason for this bearish period being prolonged. Being new to the market, newbies are expected to mess up very often and this is one such point of time.

Quote from: MentalCrush on February 06, 2018, 06:57:06 AM

maybe this year's downfall is more than any year because the Chinese holiday (which is normal every year) but the new thing this year is that a lot of new people joined the market who have absolutely no experience with bitcoins so they are panicking. so the Chinese and the new traders together are making a huge impact on the market , bigger than any other year.
I'm a newbie as well so if I have a wrong thought or thinking in a wrong way please correct me.
thanks.

Most of your words were arguably true but since the future is never set in concrete, we are open to a lot of possibilities. China, having imposed bans on all foreign crypto exchanges, looks to extend further its bid to regulate crypto trade within the country. While we might never know the true motives behind the ban, the amount of panic it is causing is unreal.

spngebob

sr. member

Activity: 770

Merit: 254

Quote from: MentalCrush on February 06, 2018, 06:57:06 AM

I think all the newcomers (newbies) are now leaving the market with panic selling and that's what is keeping the downfall of course the bad news about bitcoins also helped.
I'm sure bitcoin and most of crypto currencies will never crash don't forget the drug market that is running on bitcoin they will NEVER let bitcoin crash.
maybe this year's downfall is more than any year because the Chinese holiday (which is normal every year) but the new thing this year is that a lot of new people joined the market who have absolutely no experience with bitcoins so they are panicking. so the Chinese and the new traders together are making a huge impact on the market , bigger than any other year.
I'm a newbie as well so if I have a wrong thought or thinking in a wrong way please correct me.
thanks.

You know what? I honestly think that you have read my topic chinese new year is late this year and instead of posting there you created new one because you thought it would be good idea to open it because you want some merits that's it. I don't see any other explanation and reason for new topic just 10 minutes after my thread which is pretty much the same thing I said.
Correct me IF I am wrong, but how I can be wrong? My thread was new and it was on top of this page which means that you missed it because you don't read. Problem with this forum. At least you can do quick scan of new threads on first page.

MentalCrush

newbie

Activity: 7

Merit: 0

I think all the newcomers (newbies) are now leaving the market with panic selling and that's what is keeping the downfall of course the bad news about bitcoins also helped.
I'm sure bitcoin and most of crypto currencies will never crash don't forget the drug market that is running on bitcoin they will NEVER let bitcoin crash.
maybe this year's downfall is more than any year because the Chinese holiday (which is normal every year) but the new thing this year is that a lot of new people joined the market who have absolutely no experience with bitcoins so they are panicking. so the Chinese and the new traders together are making a huge impact on the market , bigger than any other year.
I'm a newbie as well so if I have a wrong thought or thinking in a wrong way please correct me.
thanks.

Topic: correct me if I'm wrong - page 2. (Read 304 times)