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Topic: Exact reason for the dump - page 2. (Read 809 times)

hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
December 01, 2019, 01:17:53 PM
#52
Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?
You are simply looking for something impossible, the market is composed of millions of trades all taking decisions independently and each one with their own reasons of why they do what they do, obviously there are some that are the most powerful, we call them whales, but even if they can manipulate the price somehow they are not all powerful and can lose money if they make a mistake.

So what is the reason for the price going lower? Except for the supply and demand everything else will be speculations, the price simply is going down because very few traders want to buy bitcoin at the current prices.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
November 29, 2019, 08:33:06 AM
#51
Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?


dump happens many factors that are difficult to explain because some of them are groups that make FUD and FUD itself unwarranted sometimes. a lot of manipulation played by the popes too. Bad news like hacks or crypto legal issues that should not affect the price. I think not any the exact reason in the crypto world.
sr. member
Activity: 1176
Merit: 286
November 29, 2019, 06:59:35 AM
#50
in the past bitcoin chart have like the wave of dump and pump ; prices will recover fast . halving will help a lot prices to reach 18000 usd per btc where is it in the point of lot of dump and crash . after that prices to reach another level better then level of any time before ; always
sr. member
Activity: 938
Merit: 250
November 29, 2019, 03:22:08 AM
#49
Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

I think the three points you mentioned are true. sometimes bitcoin doesn't need a reason to go down because from the beginning bitcoin was created to have high volatility. secondly sometimes the price of bitcoin can be manipulated by the pope they sell or buy bitcoin in large quantities which ultimately has an impact on the price of bitcoin. thirdly sometimes the rise and fall of bitcoin is also influenced by news or fud.
hero member
Activity: 1593
Merit: 502
November 29, 2019, 02:42:57 AM
#48
so rather than looking for reasons for the market movements if you see the market as it happens and trade accordingly.
People tend to find a reason when ever the market falls and you can see that in every market, when the stock market falls people tend to search for the reason for the fall and be satisfied seeing the news and the difference is that in the crypto market you cannot have a solid news on the reason for the fall but every bitcoin news site will come up with a publication to satisfy the masses who are looking for the reason  Cheesy.
It is always happening here people will always ask what are the reasons of dump or pump. They would know what is happening because the crypto news is always active here, there's no need to ask it. Just find the reason in those legit crypto news site. Bitcoin dump like this without a reason id called as normal movement of the market.

it cant be dumped for no reason .  when a coin dump the common reason is there are bad news  . its not bad to ask on here because this is a forum and not all people do have a free time to check every legit crypto sites just to only know the reason of the dump  .  the dump is not also normal because the dumped were getting harder and harder every single day  . normal dump only mean that the the price will only fall a few bucks and will instantly recover after an hour or two
I think the common reason for a dump is market manipulation. Usually people say it's bad news, but bad news never happen until we see a dump happening... I mean that always bitcoin dumps, people start looking for any news they can say that is the reason why the price is dropping.
There aren't many bad news which could influence bitcoin this year, still the price didn't pump as expected. I think news are a secondary factor at this moment.
There is not many bad news but not too many good news this year so the current price is reasonable. You say it too accurately, people try to find the reason but almost not the exact reason of the dump.
full member
Activity: 966
Merit: 153
November 29, 2019, 02:25:41 AM
#47
Simply, stop looking for something to place the cause of Bitcoin price dip on!
When people stop doing this, they start doing the right thing at the right time, which is to buy the dip and stop complaining..
Too much of looking for the cause to pinpoint the price dip of Bitcoin will only make you to act on impulse.
sr. member
Activity: 1400
Merit: 259
November 29, 2019, 12:39:16 AM
#46

*sometimes as it the due to the volatile nature of bitcoin or scaling,


Start with that and also end with that.
Wake up thinking about that and sleep thinking the same.

There is no accurate reason for bitcoin to move. They could just create anything they want like Chinese news, Google AI or any BS they will find specially brand new FUDs.
It can all be created easily just to have another discussion or something to move the market again.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
November 28, 2019, 12:27:13 PM
#45
so rather than looking for reasons for the market movements if you see the market as it happens and trade accordingly.
People tend to find a reason when ever the market falls and you can see that in every market, when the stock market falls people tend to search for the reason for the fall and be satisfied seeing the news and the difference is that in the crypto market you cannot have a solid news on the reason for the fall but every bitcoin news site will come up with a publication to satisfy the masses who are looking for the reason  Cheesy.
It is always happening here people will always ask what are the reasons of dump or pump. They would know what is happening because the crypto news is always active here, there's no need to ask it. Just find the reason in those legit crypto news site. Bitcoin dump like this without a reason id called as normal movement of the market.

it cant be dumped for no reason .  when a coin dump the common reason is there are bad news  . its not bad to ask on here because this is a forum and not all people do have a free time to check every legit crypto sites just to only know the reason of the dump  .  the dump is not also normal because the dumped were getting harder and harder every single day  . normal dump only mean that the the price will only fall a few bucks and will instantly recover after an hour or two
I think the common reason for a dump is market manipulation. Usually people say it's bad news, but bad news never happen until we see a dump happening... I mean that always bitcoin dumps, people start looking for any news they can say that is the reason why the price is dropping.
There aren't many bad news which could influence bitcoin this year, still the price didn't pump as expected. I think news are a secondary factor at this moment.
full member
Activity: 1638
Merit: 122
November 28, 2019, 11:49:56 AM
#44
so rather than looking for reasons for the market movements if you see the market as it happens and trade accordingly.
People tend to find a reason when ever the market falls and you can see that in every market, when the stock market falls people tend to search for the reason for the fall and be satisfied seeing the news and the difference is that in the crypto market you cannot have a solid news on the reason for the fall but every bitcoin news site will come up with a publication to satisfy the masses who are looking for the reason  Cheesy.
It is always happening here people will always ask what are the reasons of dump or pump. They would know what is happening because the crypto news is always active here, there's no need to ask it. Just find the reason in those legit crypto news site. Bitcoin dump like this without a reason id called as normal movement of the market.

it cant be dumped for no reason .  when a coin dump the common reason is there are bad news  . its not bad to ask on here because this is a forum and not all people do have a free time to check every legit crypto sites just to only know the reason of the dump  .  the dump is not also normal because the dumped were getting harder and harder every single day  . normal dump only mean that the the price will only fall a few bucks and will instantly recover after an hour or two
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
November 28, 2019, 10:57:11 AM
#43
so rather than looking for reasons for the market movements if you see the market as it happens and trade accordingly.
People tend to find a reason when ever the market falls and you can see that in every market, when the stock market falls people tend to search for the reason for the fall and be satisfied seeing the news and the difference is that in the crypto market you cannot have a solid news on the reason for the fall but every bitcoin news site will come up with a publication to satisfy the masses who are looking for the reason  Cheesy.
It is always happening here people will always ask what are the reasons of dump or pump. They would know what is happening because the crypto news is always active here, there's no need to ask it. Just find the reason in those legit crypto news site. Bitcoin dump like this without a reason id called as normal movement of the market.
hero member
Activity: 2002
Merit: 535
November 28, 2019, 10:05:29 AM
#42
so rather than looking for reasons for the market movements if you see the market as it happens and trade accordingly.
People tend to find a reason when ever the market falls and you can see that in every market, when the stock market falls people tend to search for the reason for the fall and be satisfied seeing the news and the difference is that in the crypto market you cannot have a solid news on the reason for the fall but every bitcoin news site will come up with a publication to satisfy the masses who are looking for the reason  Cheesy.
hero member
Activity: 1694
Merit: 541
November 28, 2019, 04:00:20 AM
#41
Its because of Bitcoin. Period. Current news affairs affect the mentality of traders which in turn makes them buy and sell depending on their current decision. Long story short, supply and demand. Just trade as you wish, I see no need to determine exact reasons for a pump or a dump after all.
The bitcoin market is not the only market that goes down and it is hard to determine the exact reason to determine why the market is going down because it is not country specific and when ever the market goes down you will see many theories and articles, so rather than looking for reasons for the market movements if you see the market as it happens and trade accordingly.
hero member
Activity: 2562
Merit: 586
November 28, 2019, 03:31:35 AM
#40
There cannot be only one reason why bitcoin market slipped in recent times. Because, we are not seeing any big exchanges got hacked nor any big country is banning cryptos. I believe these are the reasons which could trigger down fall in crypto markets. But when some whales sold their big stash of bitcoin at the support levels for the intention of buying back them for cheaper rates, it will trigger FUDs and the weak-hands will be following those whales.

If you notice, when market will be sustaining around the support or resistance level, whales come into action to decide the direction based on their benefit levels. They will pump or dump to break the support or resistance levels. In my opinion, the recent down-fall is just another whales' manipulation.
legendary
Activity: 3752
Merit: 1415
November 28, 2019, 01:33:51 AM
#39
Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

You are getting it wrong in the fact that you are looking for the direct source.  Unfortunately there are no news outlets that will report exactly what and why it happened because they dont exactly know either.  That is just the crypto markets sometimes it flies sometimes it dies  Cheesy
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
November 28, 2019, 01:29:33 AM
#38
Unfavorable fundamental news can also be responsible for dump of the prices of cryptos majorly clamp down on exchanges, regulations etc  in countries where there is large proportion of cryptos hodlers eg China always have an instant negative impact on the prices of cryptos logically responsible for decline in the prices.
sr. member
Activity: 1372
Merit: 264
November 27, 2019, 03:19:07 PM
#37
I guess the only reason on why there is the dump and its because of whales manipulating thr market and maybe for some other reason but i think they are the one who manage what will be the future price of market.

And that's why we can take advantage of the market crisis and accumulate more since we can have a big profit once market explode again maybe by this year or next year.
hero member
Activity: 2996
Merit: 609
November 27, 2019, 02:33:58 PM
#36
Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

For reading this article it gives me a strong feeling that this one cause a major dump right now https://bitcoinist.com/4-reasons-why-bitcoin-price-continues-to-crash/ and hopefully the effect will fade away so that we can see a price changes on next following days since I think we will be on the series of price pumping since the bitcoin halving is nearly coming maybe those one reasons has been circulated for fud but hopefully we will surpass that and fud will colapse.
FUD is still continuing, Bitcoin is trying to drop again below $ 7000, now the news about UPBIT hacked by hackers makes bitcoin prices low again,
this is causing a dump on altcoin, hopefully it can survive this dump

The situation worsen everyday and I think it was really planned before this happened. Hacking concerns erradicating so bad right now, and with respect to upbit, I believed their end should be scrutinized why this scenario blasted huge funds of their customers. Nobody knows yet, how we could survive with these struggles that kepts attracting more possible dumps.
Get used to it, as if you were just new to these kind of events.Havent you seen on how many times do these negative things try to dump out the market?

It just sucks when we are on a sideways market waiting for some good news to bring the price up and then suddenly we do able to see a bad news about another hacking event.
You would really get upset on that one but no matter how bad it is or the price drop would happen there would always be a recovery.
hero member
Activity: 1750
Merit: 589
November 27, 2019, 12:17:59 PM
#35
No need to think about the reason ngl. Most of the reasons you see on the internet are either FUD or just coincidences. The reason can be simply attributed to demand and supply of BTC. Just that the demand slightly fell behind the supply, making the market of BTC go lower than before by quite a lot. And how did demand and supply change? Again, cause of FUD. A lot of people were swept away by some of the latest news on going which led to them selling their coins in panic, creating the current scene right before us.
sr. member
Activity: 1484
Merit: 277
November 27, 2019, 08:59:54 AM
#34
Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

For reading this article it gives me a strong feeling that this one cause a major dump right now https://bitcoinist.com/4-reasons-why-bitcoin-price-continues-to-crash/ and hopefully the effect will fade away so that we can see a price changes on next following days since I think we will be on the series of price pumping since the bitcoin halving is nearly coming maybe those one reasons has been circulated for fud but hopefully we will surpass that and fud will colapse.
FUD is still continuing, Bitcoin is trying to drop again below $ 7000, now the news about UPBIT hacked by hackers makes bitcoin prices low again,
this is causing a dump on altcoin, hopefully it can survive this dump

The situation worsen everyday and I think it was really planned before this happened. Hacking concerns erradicating so bad right now, and with respect to upbit, I believed their end should be scrutinized why this scenario blasted huge funds of their customers. Nobody knows yet, how we could survive with these struggles that kepts attracting more possible dumps.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
November 27, 2019, 08:20:19 AM
#33
FUD is still continuing, Bitcoin is trying to drop again below $ 7000, now the news about UPBIT hacked by hackers makes bitcoin prices low again,
this is causing a dump on altcoin, hopefully it can survive this dump

CME futures closing in two days with a starting price of ~$9500. In what direction do you think we will go in the next 48 hours ? Tongue
i think current down caused by futures trade. And in my opinion CME take this responsibility, look at trading volume on CME day by day. Its keep increase but bitcoin price down alot. If we do some research on futures trade , the6 will trying get best price for them by creating fake pump or dump. Their purpose to attract traders and investors follow their direction. I am sure several days later bitcoin and cryptocurrency still drop , and cme trading volume will increase again.
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