Exact reason for the dump | Bitcointalksearch.org

Lanatsa

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Quote from: palle11 on December 07, 2019, 02:08:10 PM

Quote from: Wexnident on November 25, 2019, 11:15:34 PM

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.

To my thought, I think after the rise of bitcoin in 2017 people came in and the market grew , then in 2018, people withdrew and this is why the bear has continued. The market is still waiting for inflow of money pumped in for another major pump.

The people who do only withdraw to those 2017 events are to those big players in most cases.Lots of investors wrecked up their portfolio specially to those who FOMOed that time.
Or shall we say that the bubble had popped out that time and lots of investors losing out bigtime into their stashes.

Reason for Dump? Huge sell off or purely manipulation.It neither on the two and this had always been part of the risk of this kind of market.

davinchi

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To be really precise the "exact reason" for the dump is that there were more bitcoins sold on the market than there were bought, so the bought ones couldn't keep up and people sold for cheaper and cheaper to be able to sell their bitcoins since there were no buyers on higher prices left. That is literally the "exact" reason for the dump.

However, I feel like the more "secret" reason is that whales sold a bunch of bitcoins, probably around 16 thousand bitcoins (seen from whale alert) all at once and that destroyed some markets and there were not enough arbitrage buyers to recover it so the prices every where else fell as well. It is not something they have done for the first time, whales manipulate the markets this way all the time and this is god knows how many times they have done it now.

freedomgo

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

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 can't just based on that alone, use your analysis and close your eyes for sometimes and let your brain do the analysis.

Man this market has been manipulated, the whales take control as they have the power, it's true that news could affect the price but if the whales will not follow the news there is no action in the market, I believe as you survive you'll be more matured in the long run.

ReiMomo

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Quote from: Zemomtum on December 08, 2019, 06:55:14 PM

The only reason is that there are more sellers than buyers, besides, 2017 - 2018 lost is still fresh in the memory of some that lost huge capital. Most people are now taken caution and extra careful

Perfect answer, but not all vary on this sentiment. As a matter of fact, there is no clear reason why it is still continuing dropped the price and in my own conclusion probably this month(celebrating yuletide season), most holders will selling their Bitcoin just to spend something, doesn't matter they will cut their losses. Overall, demand and supply was always there.

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Quote from: Zemomtum on December 08, 2019, 06:55:14 PM

The only reason is that there are more sellers than buyers, besides, 2017 - 2018 lost is still fresh in the memory of some that lost huge capital. Most people are now taken caution and extra careful

Simple and to the point, many traders and investors waste too much time trying to tell why a movement happened when that is not going to help them to make money in the markets, even if they found the exact reason about why the market moves the way it does the particular combination of circumstances that we saw at that point it is never going to present itself ever again.

Not only that even if they could make that analysis they are never going to be able to do it fast enough to react to the movements of the market so their attempts to try to tell why the market moves the away it does are a waste of time.

Zemomtum

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The only reason is that there are more sellers than buyers, besides, 2017 - 2018 lost is still fresh in the memory of some that lost huge capital. Most people are now taken caution and extra careful

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Quote from: Shinpako09 on December 08, 2019, 05:46:10 AM

You can't determined what exactly the reason but can guess or speculate about it. As long as you are active and keep on watching those list you mentioned, you have an idea. You don't need to believe what you always read because some are just causing FUD. Like i've said, atleast you have an idea on what is happening. Depend on your guts, not with others word, you have your own mind, so used it.

If one can exactly determine the reason for the price dump he can be a billionaire out of cryptocurrencies in a very short time. FUD and other factors will be part that causes dump, but on very few occasions the real truth of bitcoin dumping is identified. Probably this can be understood only if we get to have a continued observation of market making comparisons with the growth achieved over the past.

stepwilli

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Quote from: vintages on November 29, 2019, 02:25:41 AM

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.

No one is complaining actually but just curious for the reason of a sharp rise and similarly a sharp drop in the price of bitcoins. I love bitcoins but that does not mean I will just blindly buy bitcoins if I do not know the reason behind a drop of price that too very significant drop.

I have been reading a lot of articles lately too but still not sure what exactly caused this drop, although I am sure like you that it will rise again to a better value in near future but as a trader and holder of bitcoins I feel worried too as any extra money I save I buy bitcoins with those so its absolutely crucial for me to know what caused such a drop, if you guys find any helpful article please post it.

Shinpako09

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You can't determined what exactly the reason but can guess or speculate about it. As long as you are active and keep on watching those list you mentioned, you have an idea. You don't need to believe what you always read because some are just causing FUD. Like i've said, atleast you have an idea on what is happening. Depend on your guts, not with others word, you have your own mind, so used it.

tippytoes

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Quote from: Botnake on December 03, 2019, 07:10:14 AM

Reading more theory about the dump might not help you at all, it will only make you confuse as different article might have completely different content and that will stir your mind, everything you read is just so speculative so its hard to judge IMO.

By making it look simple, just look at the future potential of bitcoin and you judge the current situation.
As for me, since I believe that crypto as a whole lead by bitcoin will prosper in the future, I always think positive and when there is an unexpected dump and pump, I always think these are just pure manipulation.

Very right, they can always formulate the reason of the dump but no one can actually identify the root cause of it. Because it is influenced by a lot of factors, no one can really pinpoint a single cause of it. Believing on your instincts and relying on your acquired knowledge are far better than accepting the speculations of those so-called experts.
And for me, yes, bitcoin will continue to soar as adoption is growing stronger in the field of blockchain technology.

palle11

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Quote from: Wexnident on November 25, 2019, 11:15:34 PM

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.

To my thought, I think after the rise of bitcoin in 2017 people came in and the market grew , then in 2018, people withdrew and this is why the bear has continued. The market is still waiting for inflow of money pumped in for another major pump.

wxa7115

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Quote from: danherbias07 on December 04, 2019, 08:30:27 AM

It is just the volatile nature of it.
Do not be dragged by those analyst that says there is a real reason for all of those dumps and pumps that is happening.
It might have a little effect to it but that is just a little. You cannot still consider that as the main reason of all.

Go on, try to believe them. Let us see if they can really predict the right price of bitcoin for every analysis that they make.
Now that it is pumping again, what could be their reasoning now?

By nature we have the need to explain everything that we see around us and while this is a great characteristic that has allowed us to understand many of the mysteries of the universe this has also helped the spreading of misinformation, trying to predict what the market is going to do it is very similar to trying to predict what the next number in the roulette is going to appear, it is simply a useless exercise that doesn't lead anywhere.

There are simply too many variables and no person or computer can take them all into account to produce a realistic picture of the market and what it will do.

jostorres

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Quote from: SaShiRaJaVu on November 28, 2019, 04:00:20 AM

Quote from: Wexnident on November 25, 2019, 11:15:34 PM

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.

Right but there needs to be some knowledge about why the market is behaving in a particular manner. I mean we are bound to accept the market changes but learning why those changes are happening is the only possible way of predicting those changes in future before even they happen.

I personally feel that even though the bitcoin has spread enormously among huge number of users but still there are big guys who hold majority of the bitcoins and every now and then once they sell their coins the market gets disturbed. But then, it's actually good because every time they dump we have lesser number of sharks in the market.

danherbias07

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It is just the volatile nature of it.
Do not be dragged by those analyst that says there is a real reason for all of those dumps and pumps that is happening.
It might have a little effect to it but that is just a little. You cannot still consider that as the main reason of all.

Go on, try to believe them. Let us see if they can really predict the right price of bitcoin for every analysis that they make.
Now that it is pumping again, what could be their reasoning now?

Yamifoud

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Quote from: davinchi on December 03, 2019, 12:15:53 PM

I think this was more about being afraid than anything else at this point. People are scared to put money back into bitcoin because they are afraid that if they put money into bitcoin they may end up losing money.

...

It an ease people when they are in doubts and it fuels more if they hear the news just like they heard by now. They are too much speculative and it even triggers negative thought which it feels that they could only suffer losses rather than having money. Too bad to look at by thinking that they are confused about what they are doing today and what exactly they would like to do in the future.

I understand that they have a reason to decline but one thing I could suggest to them, better to have a positive insight in the future rather than to think of negative today cause it never works great and also it affects their decision. If they don't understand crypto, it is better not to be a part of this anymore.

davinchi

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I think this was more about being afraid than anything else at this point. People are scared to put money back into bitcoin because they are afraid that if they put money into bitcoin they may end up losing money.

Now that is the biggest hurdle we have to overcome, there was a lot of people who bought during the $13k times and now they are 50% gone, it is not easy to convince those people to buy bitcoin once again, which is why I feel like maybe we should first slowly get people to buy at the cheap levels to realize they can make money if they buy in cheap instead of buying at the top, that mindset has to change. Many people bought bitcoin during the most recent $9k+ run as well, now they are down a bit too, those people are closest and could buy some more to drop their average.

Botnake

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Reading more theory about the dump might not help you at all, it will only make you confuse as different article might have completely different content and that will stir your mind, everything you read is just so speculative so its hard to judge IMO.

By making it look simple, just look at the future potential of bitcoin and you judge the current situation.
As for me, since I believe that crypto as a whole lead by bitcoin will prosper in the future, I always think positive and when there is an unexpected dump and pump, I always think these are just pure manipulation.

gabmen

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Quote from: karanggatak on December 03, 2019, 02:36:23 AM

of course I think no one knows for sure what causes bitcoin prices to go up or down. there are several factors that cause the price of bitcoin to decrease or increase. like the 3 factors mentioned op. but according to me the main factor is the amount of demand and supply. if bitcoin demand increases, the bitcoin price will go up and vice versa. and the number of requests and offers I think is very influenced by news about bitcoin or FUD. people who are affected by FUD will panic selling and this will have an impact on bitcoin price movements.

Well everything is crypto is subject to speculation. That should be pretty clear to most of us by now. It's useless to try to figure out why a certain thing happens here like the price movement, since there are likely several other reasons that led to the decline. And same thing if the price pumps. We can't pinpoint who or what caused it because anything can trigger people's reaction that would then cause a pump or a dump.

karanggatak

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of course I think no one knows for sure what causes bitcoin prices to go up or down. there are several factors that cause the price of bitcoin to decrease or increase. like the 3 factors mentioned op. but according to me the main factor is the amount of demand and supply. if bitcoin demand increases, the bitcoin price will go up and vice versa. and the number of requests and offers I think is very influenced by news about bitcoin or FUD. people who are affected by FUD will panic selling and this will have an impact on bitcoin price movements.

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wxa7115

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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?

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.

marcous

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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 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.

barota

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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

barabarian1

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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 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.

culuuton

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Quote from: uneng on November 28, 2019, 12:27:13 PM

Quote from: imstillthebest on November 28, 2019, 11:49:56 AM

Quote from: Hamphser on November 28, 2019, 10:57:11 AM

Quote from: ene1980 on November 28, 2019, 10:05:29 AM

Quote from: SaShiRaJaVu on November 28, 2019, 04:00:20 AM

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.

vintages

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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.

Dart18

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

*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.

uneng

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Quote from: imstillthebest on November 28, 2019, 11:49:56 AM

Quote from: Hamphser on November 28, 2019, 10:57:11 AM

Quote from: ene1980 on November 28, 2019, 10:05:29 AM

Quote from: SaShiRaJaVu on November 28, 2019, 04:00:20 AM

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.

imstillthebest

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Quote from: Hamphser on November 28, 2019, 10:57:11 AM

Quote from: ene1980 on November 28, 2019, 10:05:29 AM

Quote from: SaShiRaJaVu on November 28, 2019, 04:00:20 AM

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

Hamphser

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Quote from: ene1980 on November 28, 2019, 10:05:29 AM

Quote from: SaShiRaJaVu on November 28, 2019, 04:00:20 AM

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.

ene1980

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Quote from: SaShiRaJaVu on November 28, 2019, 04:00:20 AM

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

.

SaShiRaJaVu

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Quote from: Wexnident on November 25, 2019, 11:15:34 PM

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.

jostorres

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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.

wheelz1200

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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?

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

gabbie2010

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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.

d3nz

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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.

Oilacris

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Quote from: Hippocrypto on November 27, 2019, 08:59:54 AM

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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.

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.

panganib999

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Activity: 1750

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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.

Hippocrypto

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

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

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.

strunberg

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#SWGT PRE-SALE IS LIVE

Quote from: Wexlike on November 27, 2019, 07:27:21 AM

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

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.

1Referee

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

sr. member

Activity: 2002

Merit: 250

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

hero member

Activity: 2520

Merit: 783

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

sr. member

Activity: 2422

Merit: 357

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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Activity: 1540

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www.Artemis.co

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

full member

Activity: 854

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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

hero member

Activity: 798

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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

legendary

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WOLF.BET - Provably Fair Crypto Casino

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

sr. member

Activity: 1638

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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

sr. member

Activity: 1372

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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

legendary

Activity: 3654

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www.Crypto.Games: Multiple coins, multiple games

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

Activity: 3038

Merit: 1169

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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Activity: 1848

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Duelbits.com

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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Leading Crypto Sports Betting & Casino Platform

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

member

Activity: 318

Merit: 10

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

sr. member

Activity: 1022

Merit: 252

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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Activity: 1120

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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

sr. member

Activity: 1218

Merit: 251

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

legendary

Activity: 1862

Merit: 1046

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.

Wexnident

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I don't request loans~

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.

bassbity

sr. member

Activity: 1092

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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.

Ararbermas

sr. member

Activity: 2016

Merit: 283

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?

quick seller's is basically the real reason why market always shows a dump after several pumps its common now actually because some traders are very skeptical to rely despite of the potential of the market . What i mean they don't have time to understand the circumstances at least they can make profits time on time without further do. Perhaps for them that's the safest way to prevent risky situation.

ashmodeus

hero member

Activity: 1638

Merit: 518

Quote from: Last of the V8s on November 25, 2019, 08:01:37 AM

you are looking for a reason
other than more sellers than buyers
which is always the only valid reason

move your thread to the ~~'stupid thread' section~~ trading discussion or econ speculation sections

yes , that right ,absolutely right ,
but what OP asked is the reason why , suddenly people have a think rather than hold it.
there must be a reason for it, and that the point of what OP mean.
idk why people like u still blame people who want to get exact info for what he need.
why amozon dump suddenly,why facebook shares have a massive buy recently, there must be a reason.
rather than simple reason like u say.

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

........ where am I getting it wrong?

so far i just found binance fake news reason behind it.
and also China’s stern warning targeting digital currency traders make it worsted.
news.

samcrypto

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Activity: 2044

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Vave.com - Crypto Casino

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.

1Referee

legendary

Activity: 2170

Merit: 1427

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

and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

That's one big aspect of getting it wrong, lol.

What useful and unbiased information do you think you can get from a news source that 1) doesn't understand Bitcoin, and 2) has been reporting fake news to make Bitcoin look bad.

exstasie

legendary

Activity: 1806

Merit: 1521

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.

rhomelmabini

hero member

Activity: 2030

Merit: 578

No God or Kings, only BITCOIN.

I've reported your thread or if you really know how to move this as to what Last of the V8s just mentioned then feel free to do so, I won't give you a hint where it is, you should know that as you're a Sr. Member now in this forum.

The wrong you're getting at is you're overloaded with the information I suppose.

TMAN

legendary

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Exchange Bitcoin quickly-https://blockchain.com.do

wrong location - please move the thread, probably best just to put it in the bin

mk4

legendary

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Paldo.io 🤖

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

Please, where am I getting it wrong?

There is no way to know for sure what causes a price rise/drop. It's not like you're required to enter the reasons of why you buy/sell a cryptocurrency when you execute a trade on a certain exchange, right? The dump already happened. Stop wasting your time trying to find out why.

Last of the V8s

legendary

Activity: 1652

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Be a bank

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

........ where am I getting it wrong?

you are looking for a reason
other than more sellers than buyers
which is always the only valid reason

move your thread to the ~~'stupid thread' section~~ trading discussion or econ speculation sections

TIDOVEE

sr. member

Activity: 1246

Merit: 255

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?

Topic: Exact reason for the dump (Read 809 times)