Topic: Is this why Bitcoin is crashing? - page 2. (Read 783 times)
Right now the price of Bitcoin is at $ 7,500 a very important decline, support of $ 8,000 has been lost and perhaps that trend continues, many whales have been making large movements and this tends to affect the price, pessimistic forecasts say that BTC It may fall this year between $ 4,000 or $ 6,000, hopefully it does not happen and the price starts to grow again.
Speaking of Bitcoin is crashing. Recently dump around $8,000 down to almost below $7,500. I think the reason behind is about the project of Facebook, about their Libra project since it is started to make noise especially on Congress. This recent news is also for sure Bitcoin is affected ; Congress isn’t buying Mark Zuckerberg’s pitch for Libra
The is no enough and satisfying reason why bitcoin is crashing; no one can really explain why it is falling. Thus, there are only different assumptions why. One of the assumptions is because of people who keep on saying it is scam; this affects the perception of others; this tends to not to buy it at all.
Today the price has crashed low to $7500, this is something unexpected as the market have gained good momentum at $8000. There is no perfect reason behind the price crash. Whenever there is price crash, it gets attributed with something happening parallel to the same. This time some controversy is happening with Facebook and its libra.
It's normal price crashes and pump I think we must have gotten used to such things because these have become too usual in cryptocurrencies. I think just like there are no major reasons of pump same is the case with dumps. The charts look hilarious as we have just experienced a death crossover which means 50 day moving average has intersected 200 day Moving Average from above this is a pretty bearish sign and I think this is just beginning of a huge downfall which could follow. 
Today the price has crashed low to $7500, this is something unexpected as the market have gained good momentum at $8000. There is no perfect reason behind the price crash. Whenever there is price crash, it gets attributed with something happening parallel to the same. This time some controversy is happening with Facebook and its libra.
Bitcoin drops in price because it is a fairly expensive cryptocurrency asset. If you compare directly with other coins that go below the TOP-20, then for a small number of Bitcoins you can buy almost all of them.
Could be one of that reason but for me its clearly a price manipulation at big levels in order to gather a lot more bitcoins from those who don't want to sell it so a panic dump would make them think again. What we see right now is a panic sell from most of the traders and holders and I bet the whales are so happy with the effect of this dump who is not gonna end until the end of the month. Also the conference with Libra's project can be a reason too...because it represent a problem for the monetary system and banks system and they are all against cryptocurrencies ... ( at least his is what I'm hearing in the live video ) .
The fact is that for the whole of October in the media a lot of negative information appeared regarding certain cryptocurrencies and new projects, which very poorly affect the pricing of even the most promising coins. I agree with your opinion that this situation was provoked specially so that big Whales and speculators profit from the panic mood of cryptocurrency users. I am quite sure that by the end of the year we will have the best indicators in the market and the current situation should be corrected within a few weeks.Trust me, the market will not collapse just because Libra and Bakkt created Bitcoin's bumping. There is such a group of people called Whales who will not allow the collapse of the crypto market regardless of BTC ecosystem failures. Now the bear market is approaching and it’s OK, I’m sure that people will continue to buy Bitcoin further.
I am interested in your opinion on the launch of TON and how will this affect Bitcoin?
wow that as 3 reasons why they are or why the bitcoin price is getting the negativity! but to tell you honetly!
We only have one to hold! that is halving and we dont have the right track of price but the exact meaning of we have the man!
We only have one to hold! that is halving and we dont have the right track of price but the exact meaning of we have the man!
Could be one of that reason but for me its clearly a price manipulation at big levels in order to gather a lot more bitcoins from those who don't want to sell it so a panic dump would make them think again. What we see right now is a panic sell from most of the traders and holders and I bet the whales are so happy with the effect of this dump who is not gonna end until the end of the month. Also the conference with Libra's project can be a reason too...because it represent a problem for the monetary system and banks system and they are all against cryptocurrencies ... ( at least his is what I'm hearing in the live video ) .
The fact is that for the whole of October in the media a lot of negative information appeared regarding certain cryptocurrencies and new projects, which very poorly affect the pricing of even the most promising coins. I agree with your opinion that this situation was provoked specially so that big Whales and speculators profit from the panic mood of cryptocurrency users. I am quite sure that by the end of the year we will have the best indicators in the market and the current situation should be corrected within a few weeks.Could be one of that reason but for me its clearly a price manipulation at big levels in order to gather a lot more bitcoins from those who don't want to sell it so a panic dump would make them think again. What we see right now is a panic sell from most of the traders and holders and I bet the whales are so happy with the effect of this dump who is not gonna end until the end of the month. Also the conference with Libra's project can be a reason too...because it represent a problem for the monetary system and banks system and they are all against cryptocurrencies ... ( at least his is what I'm hearing in the live video ) .
The fact is that for the whole of October in the media a lot of negative information appeared regarding certain cryptocurrencies and new projects, which very poorly affect the pricing of even the most promising coins. I agree with your opinion that this situation was provoked specially so that big Whales and speculators profit from the panic mood of cryptocurrency users. I am quite sure that by the end of the year we will have the best indicators in the market and the current situation should be corrected within a few weeks.
Could be one of that reason but for me its clearly a price manipulation at big levels in order to gather a lot more bitcoins from those who don't want to sell it so a panic dump would make them think again. What we see right now is a panic sell from most of the traders and holders and I bet the whales are so happy with the effect of this dump who is not gonna end until the end of the month. Also the conference with Libra's project can be a reason too...because it represent a problem for the monetary system and banks system and they are all against cryptocurrencies ... ( at least his is what I'm hearing in the live video ) .
The fact is that for the whole of October in the media a lot of negative information appeared regarding certain cryptocurrencies and new projects, which very poorly affect the pricing of even the most promising coins. I agree with your opinion that this situation was provoked specially so that big Whales and speculators profit from the panic mood of cryptocurrency users. I am quite sure that by the end of the year we will have the best indicators in the market and the current situation should be corrected within a few weeks. 
Could be one of that reason but for me its clearly a price manipulation at big levels in order to gather a lot more bitcoins from those who don't want to sell it so a panic dump would make them think again. What we see right now is a panic sell from most of the traders and holders and I bet the whales are so happy with the effect of this dump who is not gonna end until the end of the month. Also the conference with Libra's project can be a reason too...because it represent a problem for the monetary system and banks system and they are all against cryptocurrencies ... ( at least his is what I'm hearing in the live video ) .
The word crashing is just too much to describe the price. It ain't even crashing. Yes it's dropping but it's moving slowly.
Well regardless of the reason why bitcoin's price is decreasing, it's just normal because we all know that bitcoin is volatile. If it's about September (well what's with September why it's a typical bad month?). Or if it's because of Bakkt or not. It's not like we're surprised about the movement of bitcoin.
Well regardless of the reason why bitcoin's price is decreasing, it's just normal because we all know that bitcoin is volatile. If it's about September (well what's with September why it's a typical bad month?). Or if it's because of Bakkt or not. It's not like we're surprised about the movement of bitcoin.
People will never get tired of predicting and speculating and giving reasons why Bitcoin is going down up and down, it's a never ending cycle of theory, the discussion and the buzz never ends, Bitcoin is now down 8.54% the lowest in a month, now let's see what the theory or reason would be this time.
The word crashing is just too much to describe the price. It ain't even crashing. Yes it's dropping but it's moving slowly.
Well regardless of the reason why bitcoin's price is decreasing, it's just normal because we all know that bitcoin is volatile. If it's about September (well what's with September why it's a typical bad month?). Or if it's because of Bakkt or not. It's not like we're surprised about the movement of bitcoin.
Well regardless of the reason why bitcoin's price is decreasing, it's just normal because we all know that bitcoin is volatile. If it's about September (well what's with September why it's a typical bad month?). Or if it's because of Bakkt or not. It's not like we're surprised about the movement of bitcoin.
Is this a Baakt promotion?
Okay, why tell that back is not doing well and yet bitcoin is falling?
Should be the other way around right?
Baakt rising means there could be sellers of bitcoin in exchange for it. Transferring their money to produce a hype in exchange for profit in the long run.
September is a good month. Some may have received their bonuses to buy bitcoin and also this is where people spend more money.
Okay, why tell that back is not doing well and yet bitcoin is falling?
Should be the other way around right?
Baakt rising means there could be sellers of bitcoin in exchange for it. Transferring their money to produce a hype in exchange for profit in the long run.
September is a good month. Some may have received their bonuses to buy bitcoin and also this is where people spend more money.
Bitcoin does its own thing, often not inline with predictions. BAKKT will dubbed to be of huge benefit to the price of bitcoin as it was supposed to bring institutional funds to the space. It flopped. We may have to wait for retail investors to gradually adoption bitcoin to a larger degree.
cчитaю , чтo c БAКT этo cвязaнo . нo этo лишь тoчкa для фикcaции , тpeнд eщe нe cлoмaли.
The fall in price has nothing to do with the Bakkt, this has be re-occurring for years and volatility is part of the crypto game. If you indeed want to be successful in this space, you need to stud how to protect your profit
Also learn to be patience and we know bitcoin is the best coin in the market yet its volatility is also high. We can’t say that September is the reason of the dump because its not a ghost month and we can’t say that BAKKT is the reason because we wait for that. Hard to explain the dump right now, don’t focus on that and start looking forward for the up trend after this downfall. 
Though this thread was made last september it kinda made me smile. Anyway I dont believe the drop last september was really caused by those listed by the author. The real reason for the drop was of course somebody who has a huge asset sold his bitcoins in one of the exchange. There was actually a thread talking about that last month. But there was really nothing to worry and though we dropped below 8k$ but right now we are back above 8k$. This is just a normal flow of the market and there is nothing to worry.
The fall in price has nothing to do with the Bakkt, this has be re-occurring for years and volatility is part of the crypto game. If you indeed want to be successful in this space, you need to stud how to protect your profit
Jump to: