Crypto changes. - page 2. | Bitcointalksearch.org

Kasabus

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Quote from: ife2020 on April 02, 2020, 01:26:06 PM

Quote from: Peanutswar on March 29, 2020, 10:41:38 AM

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes

I personally do no think that the rapid fall was due to limited transactions. Rather i say it was due to a high demand for fiat.
When the dump was rampant, there was need for funds from all, that caused panic dumping of bitcoin, while buyers took advantage and lowered prices.

People are saving fiat because in case this pandemic virus will get worsen, they will still be able to provide their basic necessities. Aside from this, big whales are still taking advantage of the crypto market condition making all the prices of coins gets dumped but for sure, few months from now, everythings will be back to normal.

akram143

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No one is limiting their trading activities, all they did was just sold their cryptos with the panic that they are going to get locked down for months so they have done this to keep enough money for the expenses in the meanwhile time.

ife2020

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Quote from: Peanutswar on March 29, 2020, 10:41:38 AM

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes

I personally do no think that the rapid fall was due to limited transactions. Rather i say it was due to a high demand for fiat.
When the dump was rampant, there was need for funds from all, that caused panic dumping of bitcoin, while buyers took advantage and lowered prices.

GreenStox

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It is possible and not because the corona effect causes the economies of all countries to weaken. So I don't think the Pope is too influential or that they use it to make so much profit.because the price of all coins dropped very dramatically.
Whatever the market will recover soon.

asriloni

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Quote from: trauchot on April 02, 2020, 06:08:27 AM

Nothing bad will happen to Bitcoin either now or in the future, because big players and manipulators understand that they can still manipulate the price of Bitcoin for a very long time and earn a lot of money from it, so we should not even think about this problem.

As long as there the exchange site will exist and manipulation will exist forever. there was no solution that can even prevent them all. This is how the speculation market works. I thought that if everyone is already understood about this. The halving's impact will not so big as it was before.

Rosilito

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Quote from: Peanutswar on March 29, 2020, 10:41:38 AM

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes because they have the huge amount of coins holding from the previous analysis still there is a 42% of the coins still not circulating for over two years and this is a cause too why the market price of the cryptocurrency is not good enough again. If you can see the market price of the coin having changes and going up rapidly in just a single day and back to lower price this is because of the whales they are diving into the dip and grabbing the opportunity collect coins as many as they can because the halving will be coming in the next few months and expect that the market price of the coins will back to huge changes.

Manipulation? perhaps, we couldn't deny either the underlying issue behind this sudden drop but we couldn't deny the bigger issue why the market shaken off. I agree to you, buddy. But every market movement doesn't always have to be with the whales always, IMO. Anyway, for better or for good, we have to take an action with the current market price cause whatever the whales did, or the majority of holders, enthusiast did, opportunity to generate some profit would always be there, nonetheless.

thiscomm

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in my opinion the price of crypto continues to fall because many users continue to sell their assets. With the current virus epidemic alarming, many policies have been taken by their country's governments to isolate themselves. so they are restricted from leaving the house meaning they cannot work in their office. and consequently they will sell all of their crypto assets that they have kept so far to make ends meet as long as this virus exists and until the policy to return to work at the office is permitted. we know that all economic assets will go down when many sell but few buy. this will change when things turn around and if that happens I am sure the price will improve.

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Quote from: trauchot on April 02, 2020, 06:08:27 AM

Nothing bad will happen to Bitcoin either now or in the future, because big players and manipulators understand that they can still manipulate the price of Bitcoin for a very long time and earn a lot of money from it, so we should not even think about this problem.

All the people panicking are those with just little understanding of the cryptocurrency market, bitcoin and other cryptocurrencies have risen above worse price downtrends in the past, i think we will see a more stable market earlier than expected as all hands are on deck to get the cure that will end the COVID19 that is causing the current global crisis

trauchot

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Nothing bad will happen to Bitcoin either now or in the future, because big players and manipulators understand that they can still manipulate the price of Bitcoin for a very long time and earn a lot of money from it, so we should not even think about this problem.

Utoy101

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Quote from: Peanutswar on March 29, 2020, 10:41:38 AM

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes because they have the huge amount of coins holding from the previous analysis still there is a 42% of the coins still not circulating for over two years and this is a cause too why the market price of the cryptocurrency is not good enough again. If you can see the market price of the coin having changes and going up rapidly in just a single day and back to lower price this is because of the whales they are diving into the dip and grabbing the opportunity collect coins as many as they can because the halving will be coming in the next few months and expect that the market price of the coins will back to huge changes.

No doubt, the whale have a big influence on cryptocurrency market as manipulations of their bags can cause either pump or dump to the market for just sometimes but what we face now is a total different thing and it's more than just a downtrend, it's bearish market. I Don't know why people are having difficulties in accepting the fact that cryptocurrency cannot thrive as a standalone currency but depends greatly on demand and supply which also depends greatly on the condition of world's economy. The world is experiencing a global crisis and every commerce as well as investment options are experiencing difficulties, the cryptocurrency market is not exempted.

livingfree

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Quote from: X-ray on March 30, 2020, 07:57:32 AM

Quote from: livingfree on March 30, 2020, 06:20:08 AM

How many times will people say that the cause of bitcoin's fall was because of coronavirus? Didn't it recover? I guess you're all blindly looking to the fact that it fell but never look towards the recovery of it.

This should be changed, if all of you are looking to the fact of its downside, you should start looking to the positive light of it which is the recovery period of bitcoin.

The corona virus has created a big panic sell even for all of the market and it's not only crypto but people aware about the possibility to use crypto as their alternative and that brings crypto to the recovery stage again.
It's true that the corona virus has created a big dump for crypto but it can recover again right now. it's not totally wrong.

The world market has suffered due to the spread of the virus. Those investments that were just sitting to each place were moved and sold for the sake of everyone's need and preparedness to face the virus.

The panic that it created made everyone to think of quick dumps such as investments and traditional assets.

bgaf

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Quote from: tycsols on April 01, 2020, 04:13:26 PM

I am optimistic that halving will prove to be a catalyst for a bull cycle once again.

Based on historical data it is a catalyst and one of the reason of possible bull effect. Cycle is recorded and proven to increase the value of btc in due time. Yeah there are miners will not be happy for it. But the cause will both benefited everyone in the latter part of its development.

Quote from: ethereumhunter on April 02, 2020, 02:03:27 AM

I think the Coronavirus gives an impact to the crypto market, but maybe the impact was not too big because the crypto market still survives and not going to go down for more. Right now, the crypto market trying to rise although it still on the way to increase but we need to be careful because of the market still up and down

Big or small impact. We all knew how corona will be here for a long time. I am sure during halving and corona outbreak both existing on the same time will mark a great changes on market position and we will know if corona really affect totally on the current market or just a big failure.

ethereumhunter

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I think the Coronavirus gives an impact to the crypto market, but maybe the impact was not too big because the crypto market still survives and not going to go down for more. Right now, the crypto market trying to rise although it still on the way to increase but we need to be careful because of the market still up and down, and there is no right information or sign that the crypto market will still continue to break the other high price. But these situations can make many people happy because they can sell some bitcoin or fraction of bitcoin to make money from the last time buying that they did.

StephenJH

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Quote from: nreal on April 01, 2020, 11:14:48 AM

I still believe in the bright future of bitcoin and cryptocurrencies, but I think it will be difficult for Bitcoin to return its peak in the next few years, so the predictions for bitcoin will reach $ 100k or $ 1 million later. when, I consider them exaggerated.

The overestimated predictions are nonsense and the illusional. The BTC has the potential to grow along with the development and applied cases of blockchain technology only.

tycsols

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I am optimistic that halving will prove to be a catalyst for a bull cycle once again but current situation of global markets is not good and due to the pandemic markets and investors are in fear and this effect has been seen in crypto market as well, market will gain confidence only after this pandemic gets controlled and removed by the world which can be done by effective lockdowns so that the transfer of virus to new people can be stopped and then in few days the virus can be eliminated i think we can get rid of this virus together and it may take few more months but no problem is bigger than human resolve so we should stay motivated and positive.

Slingshot

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Crypto generally changed yes it's as a result of what's on ground which is the virus, alot has gone down globally and we have witness so many failures in crypto but I guess once this pandemic saga finishes things will come back as usual. Market is even coming back unlike how it was before and Looking at things now you will agree with me that it's bouncing back little by little

roaringunknown

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Some altcoins such as TemTum are going to come out of the corona panic stronger than ever.
For example TemTum has now got an LOI with Anguilla to provide them with a backbone for their own national digital currency, with more deals with other countries in the works also.
Once news of this released when tahe panic has settled I can see TEM going $1+

nreal

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I still believe in the bright future of bitcoin and cryptocurrencies, but I think it will be difficult for Bitcoin to return its peak in the next few years, so the predictions for bitcoin will reach $ 100k or $ 1 million later. when, I consider them exaggerated.

TWW

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Quote from: Lhaine on April 01, 2020, 10:56:10 AM

Quote from: Xampeuu on April 01, 2020, 09:41:12 AM

especially in the midst of conditions like this, of course they prefer to secure funds and see the situation. I think if the Corona outbreak can be overcome, it will cause a positive sentiment on the market, because there will be many investors to be active again. although currently the price of bitcoin is low, many investors are still waiting and watching

this is good timing to buy other stocks and crypto currency this kind of situation will never repeat again if you missed it. The only problem why manu is affraid is because they never know if the money they have right now is enough to use until the pandemic over. Thats why more of them prepared to have paper money in hand than having stocks and stored crypto currency.

why not repeat? even in the market situation in 2018, we can see a market that is worse than the current situation. just be patient for a little longer, I think things could get worse. this is related to the condition of the world economy which might be worse.

White Christmas

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To be honest the corona virus is really having a hard time and a big problem just because almost all of the transactions are kind of stop and many businesses are getting not enough profit due to cancellation of the work of their employees and etc. Even the traders are not been able to trade because there are some trading industry than cancelled their trading because of the virus that is spreading.

Topic: Crypto changes. - page 2. (Read 520 times)