Do you believe that this man crashed Bitcoin this 2018?

Mister1k

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Quote from: Buyingallcoinsz on May 13, 2018, 09:51:42 AM

we may say that what he did was one of the causes why their is price dropped because it make some investor doubtful how stable bitcoin right now but we can not say that it wont regain because bitcoin has many investor and for me, they are just observing right now what will happened next..

Investors aren't doubtful man

You mean to say about the panic newbie investors on cryptos right. Newbies are a targetted one for bitcoin. Cheap alts, ETH and Ripple are mostly getting power with the newbie investors. This one you can understand if you see the price changes percentage on any coin.
I did not find the bitcoin goes to big in the market since this year starting onwards because whales intervention to pull down the crypto currencies. To say the fact, banking will not allow anyone to boom with alternative solution for bitcoins.

Fatunad

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Quote from: ?? on ??

Everybody can say what they want like bill gates say that digital currency can kill world but still crypto run because even you spread a lot of FUD still the price of it are base in all users so if they experience conveniece in crypto of course they will not listen to others actually we have a lot of example like in binance and cryptopia scam accusation still i use this for so long then no experience of scam or hack so i will continue to use this two trading site so look always in bright side

Comparing or illustrating a crypto and int an exchange? Seems doesnt right at all. Going back into the topic even how many coins or Hundreds of millions to be dumped into the market that wont really be enough to make the market down into the bottom.We do might see dips but recovery would really be always comes next. Ive been expecting for other dumping of coins but it doesnt really worries me too much because the trust of people cant really be easily shaken up specially to bitcoin.

Buyingallcoinsz

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we may say that what he did was one of the causes why their is price dropped because it make some investor doubtful how stable bitcoin right now but we can not say that it wont regain because bitcoin has many investor and for me, they are just observing right now what will happened next..

Investors aren't doubtful man

BattleZeo

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Quote from: Daddyj2 on March 11, 2018, 03:04:42 AM

Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.

P.S
Not spreading FUD. Just want to know what's your opinion on this.

HODL! HODL! HODL! HODL! Grin

Actually we have heard of several news about altcoins crashed by some whales. But market is still active. I believe those whales will cause wave to earn profit from this market. Bump and Pump. That's normal.

percopolis

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Quote from: Daddyj2 on March 11, 2018, 03:04:42 AM

Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.

P.S
Not spreading FUD. Just want to know what's your opinion on this.

HODL! HODL! HODL! HODL! Grin

No I do not believe. The high price volatility of bitcoin causes panic among some of its holders. Just do not need to panic, and make informed decisions.

mwarrior

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Quote from: Daddyj2 on March 11, 2018, 03:04:42 AM

Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.

P.S
Not spreading FUD. Just want to know what's your opinion on this.

HODL! HODL! HODL! HODL! Grin

I do not believe. The high price volatility of bitcoin makes many people nervous and sometimes panics. In order to the price grew, need large investments from big players.

WSDN

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exception BTC, no one can make BTC die. it has own value and besides, crypto is the future of currency. Bitcoin will rise up soon. selling now is the worst choice

proexcept

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Quote from: IMNOOBODY on March 17, 2018, 04:21:05 PM

I predict the cost at $20-25k by the end of the summer. The next most likely will be stagnation by the end of the year and then a crazy growth of 300-400%

Excellent and optimistic forecast. I'm glad that there are still people who believe in a bitcoin. I thought that only skeptics remained around me. I also believe in bitcoin and I am confident that soon growth will begin. There are many good events around crypto. This should be the cause of a growth.

sugihe

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Quote from: TimeHacker on March 11, 2018, 06:21:51 AM

I don't think this was the reason... at least not the only reason. The amount he sold is far from typical daily volume traded, so I don't believe this alone could crash the Bitcoin price. But it's possible that it triggered more sell offs which then crashed the price. Big correction was already highly expected, so it might have triggered it, but the amount was not big enough to crash the market.

In bitcoin market, i would believe thats not the only reason since there are some other reason which lead the the market goes down like this.
But at least when one people sell that amount, i would say more and more people become panic.

kllondd

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Of course not, the high volatility of the cost affects the panic conditions in people. But it is impossible! Just need to wait for a big investment in BTC.

IMNOOBODY

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I predict the cost at $20-25k by the end of the summer. The next most likely will be stagnation by the end of the year and then a crazy growth of 300-400%

ekin4

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Nobody can crash crypto currency market alone. Nobody have that power except Satoshi. Don't worry about that.
Market crashes are going on as usual per technical analysis. Experienced users expected that.

icalical

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It's very unlikely that Bitcoin could crash just because a single person, Yes that one Whale selling his BTC might give a significant impact, but other factors like FUD, Fake News, Government Banning etc, also play important role int todays crash.

dress

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Quote from: LeoEspansq on March 11, 2018, 03:15:18 AM

I think this is not the only reason we see the current situation on the market. This is due to the imperfectness of bitcoin and the development of other coins. So the sale of its assets is affected, but not so noticeable.

I totally agree with you.
Falls cost -> other people sell -> the third people sell too.
It's natural. You just have to be able to abstract it all.

pradobo

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If you understand that the price of Bitcoin was raised for some reason, and now falls, the same without any reasons. And who to believe?

Gabteb

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i dont think it could be only reason before any crash we see a lot of bad news ,every time it s the same story some bad news then some big FUD and crash .

goyald2801

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bitcoin daily volume is 10-20 billion dollar (1-2m btc) so i don't think such sale may cause big dip ..

but still we want to see such people to get rid of btc soon , so that we can see btc pumping again.

Bencus

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This might have an effect, BUT
Other "bad" news, like securities from SEC and Japan try to regulate exchange market, seems quite logical after these news. Its not healthy if a single person can manipulate the stocks by this much.
However, it can happen, and its happening all the time.
Who believes that nothing like this happens in the normal stock/currency market, is senile.
(George Soros for example on currencies, "the man who broke the bank of England", or who cannot enter Malaysia for currency manipulative reasons.)
So yes, this can cause FUD, and others to sell aswell, but regulations around the world can limit these in my opinion.

gamaman990

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I don't think so. Although the amount of BTC in the account sounds large, it constitute only a very small fraction of daily BTC volume. It's a good source of FUD though.

realcrypto

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With large volume I know it can affect the market but this is not the only reason. We have several reasons, starting from some rumor of banning bitcoin in some countries to hacking of some exchangers.

Topic: Do you believe that this man crashed Bitcoin this 2018? (Read 709 times)