Exact reason for the dump - page 3. | Bitcointalksearch.org

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legendary

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Quote from: Strongkored on November 26, 2019, 04:52:42 AM

The exact reason why dumps occur only known by the groups that does it, and even if the conditions are dumped I am sure that the group has the right calculation and they benefit.

I have seen people suspect whales of teaming up to manipulate the price quite frequently this year, yet no one has actually backed up these claims.

Whales are just like you and me investors/traders/believers, but then with much deeper pockets. Are you and me teaming up to manipulate the price? I don't even know you. The same applies to whales. We are all trading against each other because we all have a different strategy. I'm pretty sure that when we pumped from $7300 to $10,300 some weeks ago it crushed a lot of whales too.

In fact, it's much easier for small fishes to enter and exit than whales because there is not enough liquidity for them to sell into, which means that whales market selling in panic lose big time due to slippage.

Wexlike

legendary

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Quote from: kapalmabur on November 27, 2019, 06:41:11 AM

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

kapalmabur

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Quote from: Taskford on November 26, 2019, 11:35:28 PM

Quote from: TIDOVEE on November 25, 2019, 07:58:55 AM

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

Taskford

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Quote from: TIDOVEE on November 25, 2019, 07:58:55 AM

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.

goaldigger

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Quote from: TIDOVEE on November 25, 2019, 07:58:55 AM

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'm not making any effort to know the exact reason because of so many speculation and beliefs, and I'm so busy looking for a funds so I can buy a cheaper coins. If something went wrong in the market, you need to analyze first your position and if you can't handle the stress you can go out in the market and but when its cheap again. I also have crypto app news, bookmarks some crypto site but still I can't depend on that and most of the time I don't listen to that I just buy when I see the market cheap.

ecnalubma

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Quote from: TIDOVEE on November 25, 2019, 07:58:55 AM

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 is normal so don’t worry. Its happening in the space since the very beginning, manipulation, FUD, pump and dump etc. Too tired speculating everyday, better focused on the future prices and stick to the fundamentals why Bitcoin and Crypto should exists forever.

Tylev

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Quote from: exstasie on November 25, 2019, 04:50:07 PM

Quote from: TIDOVEE on November 25, 2019, 07:58:55 AM

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?

There is no "exact" reason. That's what most people don't understand about markets. Price discovery is the result of literally billions of variables. If some bad news comes out, will some people sell because of it because they expect lower prices? Sure. There are also a million reasons why other people might be buying at the same time. It's all about supply and demand conditions, not events.

That's why I highly recommend studying TA. It's the most clear cut way to analyze supply and demand for an asset like Bitcoin, which has no financials or similar fundamental data points to analyze.

Now there is information about the ban of all cryptocurrency exchanges located in China. The government of this country is taking decisive measures to combat decentralized cryptocurrency, preparing only fertile ground for the emergence of its stable CBDC coin. Perhaps this has played a significant role in the fall of the cryptocurrency market in recent times. True, Bitcoin has not responded to the events in China for a long time. In any case, such a fall should not be long. Bitcoin is able to quickly recover in price after the appearance of negative information.

CyberKuro

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Trying to figure out who is responsible for the dump or probably there is an event that affects the market might be a little bit vague.
When the price falls i.e. some whales sold theirs which results in the price fall significantly in a relatively short period of time that intrigue others to follow their path, panic sell to secure fiat money, and now here we are.

bitbunnny

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There is never exact reason or answer when Bitcoin is involved. We all know that Bitcoin is volatile and different factors and different conditions in the market could lead to price change, often without simple explanation and with influence of combined events. So don't look for a reason for every price dump or pump you will not find a traceable pattern.

Wysi

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Quote from: Gotumoot on November 26, 2019, 12:07:50 PM

All the answers you have to recieve to your question are pure speculation only,

Speculation connected to false news, (Fud)
Speculation connected to events occurring in the vicinity.

What else can we expect as market research is not not going to work anymore because the pump and dump are no longer connected to world affairs which concerns crypto market as whales take the call about pump or dump and we are a pawn in the claw to steer the market. We can no longer predict the market but needs to adapt to the situation.

Gotumoot

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All the answers you have to recieve to your question are pure speculation only,

Speculation connected to false news, (Fud)
Speculation connected to events occurring in the vicinity.

el kaka22

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They are all contributing to each other as well. Yes there are times when a whale sells like 30 thousand bitcoins all at once for some reason and that does cause it to go down, that is a real reason.

Sometimes it is just traders buying and selling and making a profit on the volatile nature, that is true, there is no regulation so you can buy and sell however you want without any problems at all. And lastly sometimes banks or governments print a ton of money and that does cause bitcoin to drop even tho it should do the opposite but people go back on regular investments for a chance to make a profit. Long story short all of the reasons are valid reasons, we usually don't know which one it is at that moment but we all know it is one of these reasons that causes price to go down.

YuginKadoya

legendary

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Volatileness is the answer if there is a sudden dump I think just blame it on cryptocurrencies volatileness, there is no further explanation about the sudden dump because there is no such news that there are hacking and theft that happens regarding an exchange, wallets and all forms of online platforms regarding cryptocurrency, I guess we can not know if this is a dump by many whales because manipulations such as these can not be known, So in my opinion let's just blame it on the volatileness, but volatility is not all just decreasing but sometimes increasing as well, It tends to change without further notice.

Sterbens

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Quote from: wajik-tempe on November 26, 2019, 12:40:46 AM

Quote from: watergold on November 25, 2019, 11:54:02 PM

No one is responsible about this dump and it is not done because someone might have a number of causes so that it is a dump and it can't be faulted.
Because this is only speculation so the price of bitcoin cannot be determined by anyone, maybe this is just the effect of the market.
There are no regulations on the whole economy so this is just the FUD news that is widely heard.

Everyone is surpriced with this dump and there must be a group of whales are planning this because i'ts impossible for people to surprice if no one have responsible for this dump. This is a anual whale strategy to reset the price at the end of they year because they want to buy lower price and ready to pump for next year

That could happen because whales are dumping market prices, like last year, the market was red again at the end of the year they caused, maybe now whales already buy millions of bitcoin at the pump next year, why don't we think like that? are we not strong with the price drop, so we can not stand to hold in the long run.

Strongkored

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The exact reason why dumps occur only known by the groups that does it, and even if the conditions are dumped I am sure that the group has the right calculation and they benefit.

conex

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Hard to pin-point exact reason. News from China regarding fake Binance police raid and goverments regulation on crypto were probably the most influential. Someone also mentioned Black Friday and incoming december holidays... you never know

wajik-tempe

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Quote from: watergold on November 25, 2019, 11:54:02 PM

No one is responsible about this dump and it is not done because someone might have a number of causes so that it is a dump and it can't be faulted.
Because this is only speculation so the price of bitcoin cannot be determined by anyone, maybe this is just the effect of the market.
There are no regulations on the whole economy so this is just the FUD news that is widely heard.

Everyone is surpriced with this dump and there must be a group of whales are planning this because i'ts impossible for people to surprice if no one have responsible for this dump. This is a anual whale strategy to reset the price at the end of they year because they want to buy lower price and ready to pump for next year

Darooghe

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Quote from: TIDOVEE on November 25, 2019, 07:58:55 AM

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,

I think the rate of manipulation and volatility remain high because people leave BTC on exchanges. if you want to end manipulation and reduce volatility there is a very easy move and withdraw your BTC to your personal wallet. never deposit BTC into an exchange unless you plan to trade it immediately and always withdraw your BTC as soon as you buy it. furthermore leaving BTC on an exchange is pure foolish. while it's there it's not yours, and may not even really exist.

watergold

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No one is responsible about this dump and it is not done because someone might have a number of causes so that it is a dump and it can't be faulted.
Because this is only speculation so the price of bitcoin cannot be determined by anyone, maybe this is just the effect of the market.
There are no regulations on the whole economy so this is just the FUD news that is widely heard.

wildan88

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Quote from: bassbity on November 25, 2019, 09:25:26 PM

Quote from: samcrypto on November 25, 2019, 06:40:57 PM

Quote from: TIDOVEE on November 25, 2019, 07:58:55 AM

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 looking for the exact reason where everything is just a speculation and the current dump is still unknown because of so many happenings in cryptoworld for the past days. Don’t depend on any news, if you see the price is dumping then think or analyze whether to buy more or to cut losses. There’s a lot of good forums, news site for this but still use this as your basis and not as a whole.

For what are looking for reasons why about the price of dumps like this right you say this is only speculation do not believe too much in any news about this dump, I think the OP should think positively about the future get news of benefits in this forum not with external news that can not discuss.

bitcoin is not only influenced by supply and demand but sometimes the news is a very big influence on the movement of bitcoin, even though most of the news is FUD. I also did not find any specific news about this dump, only saw a few whales dumps, and it is likely that many people panicked with this dump, eventually, many people sell it.

Topic: Exact reason for the dump - page 3. (Read 809 times)