Market revolves around Bitcoin pumps

nisya

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Quote from: jamesashmore1964 on June 20, 2018, 12:16:57 PM

Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!

I think they are a success to create people panic and push the price to get down in this few weeks. I think it could be a trap for people which don't have any confidence to still hold their coin so they can do panic sell. this will makes people afraid to invest in bitcoin if the conditions still like this for months because they will think that bitcoin can be a scam in any time.

AK47-

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Quote from: jamesashmore1964 on June 20, 2018, 12:16:57 PM

Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!

No doubt market is being manipulated. But here buyers are overpowering sellers right now and this caused the recent pump. Taking price down to the lower support level was the part of manipulation. But this pump was a natural one. Now BTC is testing $6450 resistance and if it crosses it, price will go directly to $7k+ which will definitely going to bring a pump. But whether the pump is temporary or not will depend upon the future trends after BTC crosses $7k.

gabmen

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Quote from: jamesashmore1964 on July 01, 2018, 05:28:40 AM

Quote from: Inkdatar on July 01, 2018, 04:01:59 AM

Quote from: morgan4140 on July 01, 2018, 02:46:53 AM

A lot of the reasons on which you do not know to regulate the price of bitcoin and unfortunately, neither the whales, nor the ordinary investors do not affect the price of bitcoin.

Yes a lot of reasons with the bitcoin price to pump the more users involved investing and the more demands will increase the price. The cycle always goes like this with low trend and up trend however, at least were seeing recently a good moves in the market.

You say good moves: Bitcoin price has not gone up since the pump high: No demand for Bitcoin cowboy bitch. Stop saying ridiculous things and hone in on supply and demand. Bitcoin might go up but is destined to crash hard after that without proper demand!

Lol yeah i agree with you there. The current state of bitcoin clearly say that interest isn't as high as before and the market movement right now is more on manipulation that a case of supply and demand.

mazezizi

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Yes, the market is currently declining. All cryptocurrencies are centered around bitcoin, and only the other coins in bitcoin will rise. Shocked

jamesashmore1964

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Quote from: Inkdatar on July 01, 2018, 04:01:59 AM

Quote from: morgan4140 on July 01, 2018, 02:46:53 AM

A lot of the reasons on which you do not know to regulate the price of bitcoin and unfortunately, neither the whales, nor the ordinary investors do not affect the price of bitcoin.

Yes a lot of reasons with the bitcoin price to pump the more users involved investing and the more demands will increase the price. The cycle always goes like this with low trend and up trend however, at least were seeing recently a good moves in the market.

You say good moves: Bitcoin price has not gone up since the pump high: No demand for Bitcoin cowboy bitch. Stop saying ridiculous things and hone in on supply and demand. Bitcoin might go up but is destined to crash hard after that without proper demand!

D3m1r4wanti

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many news stories that make bitcoin prices decrease, like hacking, and more. but a lot of news that makes bitcoin prices pumped. but at this moment it may not have been so influential on bitcoin prices, because you can see for yourself that bitcoin prices have not fully recovered. I hope the next few weeks bitcoin and altcoin prices will soon recover

Inkdatar

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Quote from: morgan4140 on July 01, 2018, 02:46:53 AM

A lot of the reasons on which you do not know to regulate the price of bitcoin and unfortunately, neither the whales, nor the ordinary investors do not affect the price of bitcoin.

Yes a lot of reasons with the bitcoin price to pump the more users involved investing and the more demands will increase the price. The cycle always goes like this with low trend and up trend however, at least were seeing recently a good moves in the market.

traderethereum

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it makes people afraid and worries to see the market and they are really panic about this. but I am sure that if the market is down, there are many people that still hold their bitcoin and don't sell it because they know that the real pump will come and will push the price to increase higher. maybe we are going to see another surprise in this week and in the next months.

Ewox

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Yes I think it is somewhat true that the market sometimes revolves or depends on bitcoins pump and dump. But we all have to know that there are people behind these pump and dumps, I may not have evidence of it but based on some exchanges I’ve noticed there are huge buy and sometimes sell order which are so surprising.

morgan4140

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A lot of the reasons on which you do not know to regulate the price of bitcoin and unfortunately, neither the whales, nor the ordinary investors do not affect the price of bitcoin.

btc78

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Quote from: jamesashmore1964 on June 20, 2018, 12:16:57 PM

Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!

Your kindly right on this one mate,this is how tthose manipulators do and become victim the small investors

They will pump the price to attract investors not knowing that this is only a bait and when they bite this bait then they're funds will be trapped and will harder to recover,i hate this kind of system now

xclusiveguy

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It's sure revolves around bitcoin since the pairing is mostly with bitcoin, the only way market can get itself from the revolvement is when almost all altcoins are paired directly with Usdt

Sanitough

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It is very obvious how's crypto prices depending on bitcoin trend, it's good to see right now that market are turning back into green as Bitcoin price climb up a little bit. Even though we don't think this is a start for recovery but we just hope that everything will change and market well be with us again after from almost 6 months in dip.

BitcoinHunt3r

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Quote from: 300pips on June 30, 2018, 10:50:04 AM

Bitcoin is very disappointing, as manipulation happens everytime in my own eye. Bitcoin and alts are not following the normal price atcion. Unlike in Forex where everything is aligned with the price chart .

Quote from: jamesashmore1964 on June 20, 2018, 12:16:57 PM

Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!

that's the unique thing from cryptocurrency. it is volatile and not regulated like forex. what important thing is just follow the stream and don't force in it.i think bitcoin still easier than forex do

yonnymen

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It still aint bullish unfortunately.

crossabdd

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small pumps just to shock the small traders who don't have the ability to hold. it will make a small trader a long bone and then hurt again. and for those who are not strongly held, will sell it to the pump. manipulation of the popes to panic buying, and panic selling.

edgycorner

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It's scaring newbies away not people.Investor look at these dips as a good opportunity .

These drops are a part of bitcoin, they happen every time.Only newbies gets scared of such lows.For them bitcoin is like a money making machine, which according to them can never drop.Even if it does, then its becomes a ponzi scheme(for them).
Don't worry, it will bounce back.

nobetci

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Quote from: jamesashmore1964 on June 20, 2018, 12:16:57 PM

Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!

The last prices have had a really bad effect on the people who are newly trying to understand the crypto world or trying to choose a good investment way by the cryptocurrencies. I hope we can see the prices more idependent from bitcoin and the altcoins prices will be much more free.

300pips

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Bitcoin is very disappointing, as manipulation happens everytime in my own eye. Bitcoin and alts are not following the normal price atcion. Unlike in Forex where everything is aligned with the price chart .

Quote from: jamesashmore1964 on June 20, 2018, 12:16:57 PM

Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!

jamesashmore1964

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Activity: 336

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Quote from: oxonhu on June 30, 2018, 07:17:42 AM

its always same. btc price affect the whole market . if its go down than all alts go down if its pump than all market recover. Now we are on the edge of big pump or dump. it has been long time that we are on bear market. After now we will see big dumps or big pumps and no one know what comes next. we are all waiting now for bull runs and hopefully it has started today.

You have no idea saying that bull run might start today: One entity did 2 pumps and the BTC price is lower than what it was pumped too. That equates to a negative demand for BTC today! Wake up bitch! You are a FOMO person that has no idea about market metrics!

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