Falling of crypto prices | Bitcointalksearch.org

Golftech

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Quote from: huu78 on October 17, 2019, 02:28:06 PM

If only determining only one of your possible factors is wrong. But true if someone sells a coin in bulk resulting in a sale is greater than on demand and tends to price down.
But should be seen other factors such as good news or bad news to easily conclude.

There's certain reason on why the market is crashing down we can just point out one reason alone, there's market movements where panic holders are following. So if there's bad news that happened along the way expect those weak holders to quickly dissolved all their assets fearing to lose their money.

And also, consider that whales loves to ride either to help giving good bull run or ride with the dumped and make the value much lesser.

huu78

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If only determining only one of your possible factors is wrong. But true if someone sells a coin in bulk resulting in a sale is greater than on demand and tends to price down.
But should be seen other factors such as good news or bad news to easily conclude.

rahmatullah9305

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In a presentation about the price of bitcoin is now declining, this is because it might be caused by a lack of calculation in world activity, maybe in the middle of the month it could have gone up 90%, the company's bitcoin program is now declining because of the fall in the price of the bitcoin, thus workers in the crypto money is increasingly drained by tight work on the activities of world companies, and also with the amount of the price of bitcoin falling gradually in stages little by little.

gandame

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Quote from: dessyhodin97 on September 27, 2019, 02:42:54 AM

I read of someone transferring a billion dollars worth of bitcoin and some people speculated that if it hits exchanges, it would cause bitcoin to drop.Do you guys think this is the cause or maybe it's just a bear trap?

I think its not true because if someone have a lot bitcoin and sell that the price now will drop. So don't believe in any fake news just focus into it.
Now we need to fucos what the bitcoin price just need to be patience and have faith on bitcoin price will goes up.

fabiorem

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Quote from: Slow death on October 03, 2019, 04:19:29 PM

which would be better:

we see bitcoin reach $100,000, but not accepted as a worldwide payment method and most governments and banks continue to take a tough stance against bitcoin?

or

we see the price at $7000 but bitcoin is accepted worldwide as a means of payment and all governments and banks accept bitcoin?

The first option would be better. Just sell in a exchange when you want to spend it.

d3nz

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Definitely, it will make a change on the market once they trade that lot of bitcoins and I think some whales are holding it and waiting for the right time to make a move again. But if transferring from another wallet then it will not make any changes at all. And the prices of altcoins will depend on the value of bitcoin if it is going up or down and the same with them.

The value of of cryptocurrency are very volatile we don;t know when it will go up or down and it;s hard to speculate and make a prediction and were just depending on our trading chart.

TriplexXx

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Quote from: dessyhodin97 on September 27, 2019, 02:42:54 AM

I read of someone transferring a billion dollars worth of bitcoin and some people speculated that if it hits exchanges, it would cause bitcoin to drop.Do you guys think this is the cause or maybe it's just a bear trap?

I think that money belongs to the whales. no way someone will just try to sell that huge amount of bitcoin on an open cryptocurrency exchange. When you are talking of money in BTCbillions, that belongs to someone very wealthy, a trading company or an exchange itself and they repercussion of selling huge amounts of BTC. Selling that will definitely cripple the bitcoin price in the market.

jostorres

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Quote from: Omega Weapon on October 12, 2019, 02:30:54 PM

An interesting question but those two things cannot be separated from each other, if the price goes up that much then adoption will go up as well and we will be capable of using our bitcoin everywhere since more companies will like to adopt it to try to make money that way, but if the price remains low then adoption will keep being low as well and we will be unable to use bitcoin as we like, I would like things to be different but this is the way it works and we cannot change it.

Yeah you are right, the more adoption that we get, the more that the value of the currency will increase, so we cannot even escape bitcoin reaching that $100k, it is even when government adopt it that it will shoot fast high to that $100k, because people will tend to believe in the system that the government has given them the approval to use.

I think bitcoin stabilizing at $7000 will be good for people to make transactions, but will not invite investors, so we need both user and investors of bitcoin to really keep the coin active and take it to the level where it needs to be pending the time that bitcoin is adopted globally, we still need to also benefit from it now and that is why we wish that bitcoin increases in the future to that $100k, and by then, it would have achieved its optimum adoption.

Omega Weapon

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Quote from: Slow death on October 03, 2019, 04:19:29 PM

There are times when I ask myself the following:

which would be better:

we see bitcoin reach $100,000, but not accepted as a worldwide payment method and most governments and banks continue to take a tough stance against bitcoin?

or

we see the price at $7000 but bitcoin is accepted worldwide as a means of payment and all governments and banks accept bitcoin?

people are very focused only on big price increases that don't realize that even $6000 or $7000 or $1000 is still a good price as long as bitcoin is used worldwide as a means of payment.. what is the purpose of having Too many bitcoins if you can't use them in the real world?

An interesting question but those two things cannot be separated from each other, if the price goes up that much then adoption will go up as well and we will be capable of using our bitcoin everywhere since more companies will like to adopt it to try to make money that way, but if the price remains low then adoption will keep being low as well and we will be unable to use bitcoin as we like, I would like things to be different but this is the way it works and we cannot change it.

el kaka22

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It is just a matter of time to make another big move and that scares me even more. It could totally go up and that would be awesome, there is absolutely no reason for the price to not go up right now however with the same logic it could go down as well, its really a big risk and I am not entirely sure if we should take it.

I am staying away from buying right now but I am holding the ones I have, neither selling nor buying right now. Trades and whales all want to make a profit and when prices stay the same level for too long they are not making money at all, so when they are calm like this not making any movements that only means that they are working on something big next. If they stay too quite for too long that only means we gonna have another huge move like the recent one.

hahay

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Quote from: Slow death on October 03, 2019, 04:19:29 PM

There are times when I ask myself the following:

which would be better:

we see bitcoin reach $100,000, but not accepted as a worldwide payment method and most governments and banks continue to take a tough stance against bitcoin?

or

we see the price at $7000 but bitcoin is accepted worldwide as a means of payment and all governments and banks accept bitcoin?

people are very focused only on big price increases that don't realize that even $6000 or $7000 or $1000 is still a good price as long as bitcoin is used worldwide as a means of payment.. what is the purpose of having Too many bitcoins if you can't use them in the real world?

I strongly agree on this, therefore I don't really expect high value because after all, when crypto still exists or can be used and or has great benefits for transactions in real life then it is something better. But indeed, most of us have a desire for a profit from trading and also investments made, so that when prices fall will be a concern and become a question of themselves what to do next in order to still have the opportunity to make a good profit from the situation that happened.

AliMan

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Quote from: ?? on ??

The rise or fall the price of Bitcoin does not depend only on a transaction, but also depends on various factors, mainly due to demand and supply factors. If the whale having 50% BTC of the current Bitcoin supply in her hand then selling it of course that could cause a price collapse, whereas what you mention is just a piece. So it doesn't have any effect on Bitcoin.

Only those whales really contributed with the ongoing fall of crypto price, manipulation has been slowly taking dominance. However we need to wait for these big fishes to create more hypes in the marketplace so we could partake of the journey, and along with the recovery of our profits. We shouldn't take for granted those possible trend that will influence the market price growth and development.

Slow death

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There are times when I ask myself the following:

which would be better:

we see bitcoin reach $100,000, but not accepted as a worldwide payment method and most governments and banks continue to take a tough stance against bitcoin?

or

we see the price at $7000 but bitcoin is accepted worldwide as a means of payment and all governments and banks accept bitcoin?

people are very focused only on big price increases that don't realize that even $6000 or $7000 or $1000 is still a good price as long as bitcoin is used worldwide as a means of payment.. what is the purpose of having Too many bitcoins if you can't use them in the real world?

Omega Weapon

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Quote from: dessyhodin97 on September 27, 2019, 02:42:54 AM

I read of someone transferring a billion dollars worth of bitcoin and some people speculated that if it hits exchanges, it would cause bitcoin to drop.Do you guys think this is the cause or maybe it's just a bear trap?

It is very common to try to attribute what it is happening to the market to a single source but that is not accurate, the volume had been weak for weeks and people have been speculating with a decrease in the price for some time, so no one was really surprised by the direction the market took, the only surprise was how fast the price began to go down but it was to be expected as panic took control of the market and many people did not wanted to hold their coins in the case the price crashed as hard as it did a few years ago.

Falconer

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You don't have to panic every time you see a whale transaction, the news doesn't make the market price go down, it doesn't even affect the market. If even for example because of hacker news, market manipulation and others. But rest assured bitcoin is still alive.

audaciousbeing

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Quote from: odolvlobo on September 27, 2019, 03:04:02 AM

There is no reason to believe that the two events are related. People like to speculate about all kinds of things.

People not only speculate, they will then build an article around it then send it to the crypto world in other to enhance their own bottom line through clicks to their amateur websites while people like Op would go there to read and create a thread about it thereby giving it more viewership at the same time causing more panic which would further drive down the price of cryptos in the market. Its high time people began to try and understand several events will happen and they are unrelated at the same time they don't depend on each other timeline to function.

Yamifoud

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It won't surprise me anyway! It has something to think that the market is so volatile nowadays and every transaction we did it absolutely will affect the entire market. Isn't only a price of a certain coin but the of the whole market trends having a change...
Not for sure if whales did this but not actually we have to worried about cause there will be a perfect time crypto and have to believe that the bulls are coming.

bitgolden

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Speculation is always healthy because it makes bitcoin move, we need bitcoin to move to make profits even if we are not whales, however when there are stupid claims with no proof at all it makes no sense.

If someone moved a billion dollars in bitcoin to somewhere else (and I doubt there is anyone who has one billion dollars worth of bitcoin) then we would hear about it, blockchain is literally transparent and if there was a huge move like that we would have seen it. This is bitcoin we are talking about and a billion dollars even if cut to 1000 pieces is still 1 million dollars each, if there was 1000 moves of 1 million dollars all would have been provable in blockchain transactions.

Since, we have nothing like that we can see its obvious that 1 billion being moved somewhere else is a big lie.

Dart18

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Pfft it is one of the best strategy. Yeah, 5 years ago. Grin

I bet it wont work anymore.
Eyes of the people are already opened plus it is an old move by now.

Dont believe much of what the internet tells you. It might be fake news or just someone who has nothing to do with his life.

gaston castano

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I don't think you can determine it from just one factor, it's true that someone selling a large amount is likely to result in a dump.
but it would be wise if we look at it from other factors as well. Use speculation do not conclude easily.

Topic: Falling of crypto prices (Read 814 times)