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Topic: One more dump before halving? - page 5. (Read 1881 times)

hero member
Activity: 1426
Merit: 506
November 05, 2019, 05:41:41 AM
#64
but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving?
Everyone who invest in the market believes that the market is going down because of manipulation by whales and if that is the case why we see people selling during that period, do these people have no media knowledge and wake up one day and start selling  Tongue. If everyone thinks and believes that these price of bitcoin is going down because there is manipulation they can wait for the recovery but that is not the case. In short there is something above manipulation for the market to go down, people trade in a market according to the market situation and if you are not comfortable in selling at that point you are free to hold your coins.
sr. member
Activity: 630
Merit: 265
November 05, 2019, 05:03:41 AM
#63
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
Indeed. One more dump and bitcoin will start halving, so i think bitcoin halving might happen in the starting year of 2020 because in this year of 2019, bitcoin is trying to recover it's price due to it's downfall. But as i can see bitcoin's price is still not yet increasing since the month of October because bitcoin is not improving it's price up to $10,000 and it only stays in $9,000+, so i hope bitcoin could go to the moon again in the near future.
hero member
Activity: 1106
Merit: 506
November 05, 2019, 04:42:23 AM
#62
yeah maybe bitcoin will dump before halving in 2020. and this also provides a good opportunity for us to add to our bitcoin. I use bitcoin for a long term investment. I'm not too worried if bitcoin dumps because I'm sure after a dump bitcoin will pump again. investing in bitcoin does require patience and also don't use emotions when investing in bitcoin. so if in the next few months bitcoin goes down I will not be afraid and will hold it.
legendary
Activity: 2912
Merit: 1068
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November 05, 2019, 03:46:00 AM
#61
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
Whales are too genius and they have a better plans to make profit but we can’t know if this is just a manipulation or not, all I want to happen is that for bitcoin to stabilize beyond $10k right before the halving. No more big dumps hopefully so we can expect new ATH after the halving, whales should behave well right now and start to consider those small investors like us who are just holding and hoping for good prices.

We always blame whales for price manipulation but I don't think they have such influence. In fact I don't believe that Bitcoin market is manipulated.
The price is more or less stable now at around 9000$ but some corrections are still possible. However I don't expect bigger dump but price might get to 8000$ again before halving.
sr. member
Activity: 1638
Merit: 261
November 05, 2019, 02:20:00 AM
#60
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
It could be happen. If we see from what people want, of course before pump they want to buy more bitcoin in cheaper price. But to speculate about what they do for it, actually it is hard to predict now. Because in other side, a lot of people will keep buy it too when they look it is good price to buy. It will all depends on how much people who panic if price look dumped because some of it usually panic and sell their assets in cheap price. Demands and Supply this time will really have big affect.

Yes after I made this post I did some more research and read some similar articles to check user's opinion and realized this time people are aware of possible dump and they are prepared for it unlike previous dumps as the market and users are becoming more mature day by day. I doubt if there would be any dump as manipulators might plan something different this time.
hero member
Activity: 2912
Merit: 556
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November 05, 2019, 12:27:53 AM
#59
I hope if somehow we are going to see a dump for bitcoin price, it will not going too deep. Perhaps, the price will adjust to $7k-$8k, and then after the price reached that price, it will start to increase and hit the highest rate in the nearest of halving. But if there is no chance for dump, I hope the price can slowly reach the higher price and break $10k first and stay at that price for a while.

Everything can happen in the last six months before halving, so the dump can happen too, but I think it still a mystery to us to predict what will be going on with the bitcoin price.
For the beginning of this month, it seems that the price of bitcoin is still at the level of $ 9000, and sometimes, the price is almost back to the level of $ 8000, but I think the situation is still stable. if before the bitcoin pump price returns dump, I also feel that it will be at the level of $ 8000, and the worst is the level of $ 7000. but as people say, it is an opportunity to own bitcoin. it's like a discount before the pump.

If the price can down into $8000, then that will be a discount, but if the price stays at a rate now and start to increase, then we might miss the last chance to buy more bitcoin. Bitcoin price seems to get stable at $9000, but who knows, that will go just for temporary because we don't have the right sign to predict where bitcoin price wants to go. We could only wait for a while, buy more bitcoin if the price finally gets down, and hold it again until the price can jump to a higher rate. But if the price will only get down back, we need to have more patience.
legendary
Activity: 2716
Merit: 1092
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November 05, 2019, 12:13:50 AM
#58
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
It could be happen. If we see from what people want, of course before pump they want to buy more bitcoin in cheaper price. But to speculate about what they do for it, actually it is hard to predict now. Because in other side, a lot of people will keep buy it too when they look it is good price to buy. It will all depends on how much people who panic if price look dumped because some of it usually panic and sell their assets in cheap price. Demands and Supply this time will really have big affect.
legendary
Activity: 3472
Merit: 10611
November 04, 2019, 11:54:59 PM
#57
Now, can there be another dump before we can expect for that dreamed BULL RUN? Frankly speaking, anything is quite possible here. I just viewed a YouTube video from a self-proclaimed expert of the possibility that BTC can fall hard into 50% less of its current price. Of course, I don't believe him because I prefer to maintain my positive outlook for Bitcoin no matter what. The thing is that while we are hoping for the best, we can't ignore the worst.

i could easily see another drop before the big rises begin and the possibility of it is high enough to be considered. BUT a 50% drop is no longer a "drop before rise" it is a big ass crash with a size that is not even common anymore! a "drop" is like a small 10 to 20% drop anything bigger than that is simply impossible without something massively negative such as US banning bitcoin out of nowhere for example!!! otherwise bitcoin has already had lots of gigantic drops that there is no more room left for anything big specially since price is already below the intrinsic value.
sr. member
Activity: 1008
Merit: 355
November 04, 2019, 10:18:23 PM
#56
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

Manipulations are happening all the time and some can be a big success while others are just like a firecracker that failed to show its prowess. Anybody who has the influence and power to manipulate can always do it anytime. Right now as I am making this post, Bitcoin stands at $9,436.75 USD with market cap of $170,143,249,121 and $27,108,283,429 volume for the past 24 hours, at 67.3% market dominance. This is quite a good improvement from the $9100+ I saw yesterday which I assumed might have been headed to the $8000 region but thanks to the heavens that I am very wrong.

Now, can there be another dump before we can expect for that dreamed BULL RUN? Frankly speaking, anything is quite possible here. I just viewed a YouTube video from a self-proclaimed expert of the possibility that BTC can fall hard into 50% less of its current price. Of course, I don't believe him because I prefer to maintain my positive outlook for Bitcoin no matter what. The thing is that while we are hoping for the best, we can't ignore the worst.

 

 

sr. member
Activity: 1274
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1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
November 04, 2019, 09:31:59 PM
#55
The market has been having some extreme form of volatility but i doubt we would suffer that massive dump you are talking about. Definitely most people are happy about the upcoming bitcoin halving and a massive dump before that would be a strategy to squeeze the hands of crypto noobs of their bitcoins. Don't fall for any massive dump if it ever comes because May 2020 is just around the corner.
newbie
Activity: 14
Merit: 0
November 04, 2019, 08:08:23 PM
#54
Whenever I want something to happen, it never happens!  Grin

On that basis, I think it could dump but only after a pump e.g. 40000 to 30000. I can't see it dumping from where we are now.
sr. member
Activity: 2044
Merit: 314
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November 04, 2019, 06:12:18 PM
#53
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
Whales are too genius and they have a better plans to make profit but we can’t know if this is just a manipulation or not, all I want to happen is that for bitcoin to stabilize beyond $10k right before the halving. No more big dumps hopefully so we can expect new ATH after the halving, whales should behave well right now and start to consider those small investors like us who are just holding and hoping for good prices.
sr. member
Activity: 1484
Merit: 277
November 04, 2019, 05:22:34 PM
#52
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
i guess you are really paranoid to whales gaming,right ?
considering the fact from a few weeks ago , i dont see whales have a chance to playing fire game.
when btc drop below 9000 i believe someone overthere will backing it and buy more, blockchain is very influential in today's world,the first blockchain project is bitcoin.
and for god sake,halving will be done in May next year , 5 months is a long time for all possible possibilities.

Yes I was kinda paranoid or confused whichever suits better due to the past events and it was like two different thoughts like positive in heart and negative or back up plan running in the mind and I am sure I don't stand alone at this situations, but after going through some facts and figures from experts who have replied to this post I am more confident that whales cannot risk manipulating the market as we are prepared for anything and there are people to back up bitcoin even if it goes down.

Actually I'm also afraid for events turned out since same as you I actually don't know if we can see a positive results on next following days since the ghost of what happened last year keep chasing me and actually I lost some money when bear market strikes. But hopefully that the prediction that we can see a good lift from the market will came true really since same as me I'm totally positive that we can get a great output the same on what happen last 2017.

You're not alone with your failures mate, I also did fail from previous green market due to wrong expectations. The motivation that made me decide to hold for long term, turned out to be frustrating after seeing my holdings got very cheap value in recent bearish period. Predictions may come and go, but what's most important now is to have more courage while facing big challenges for next year, as many articles came out a positive outlook for the market.
legendary
Activity: 3360
Merit: 1203
November 04, 2019, 05:17:17 PM
#51
No! We won't have another huge dump before halving as that will put crypto in danger. We already have the HUGE DUMP from 20k$ to 3k$ , what do you want more ? 1k$ ? It won't happen. Maybe we will see a flash drop to 7k$ but that's gonna be the last time Bitcoin will go under 8k$. As you can see history didn't repeat like the previous one so why it would happen now just because last time we had a dump before halv ? Buy now as its still under 10k$ , don't speculate Bitcoin too much.
sr. member
Activity: 1680
Merit: 288
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November 04, 2019, 04:16:56 PM
#50
I think the value of bitxoin could go drop between the range of 8500 - 9000 and that would be the last drop and it will bounce back to 10k and i think the altcoins value could go down once bitcoin rise up.

That's why we need to wait until it goes dip and take advantage of cheap price and we can sell it and make a lot of profit.
fluctuations that are only around $ 8-10 thousand do not have a strong essence and are only limited to manipulation, if we want a golden cross aimed at halving events, it must be pressed further down from the average height. It will look bad for some time but it will have a very natural reversal wave, altcoin will look bad if Btc does, but in the end the quality of those who survived will be seen.
sr. member
Activity: 939
Merit: 256
November 04, 2019, 07:40:47 AM
#49
I think in the short term the price will go down but it will not be able to go too deep. Perhaps Bitcoin will return to the price of $ 8000 before rebounding.
newbie
Activity: 28
Merit: 7
November 04, 2019, 07:24:22 AM
#48
Are we going to witness major dump before halving?

we are about 6 months out from the 2020 halving. let's look at what happened the last two times:

-the 2012 halving occurred in november 2012. from may to november, price rose from $5 to $13.
-the 2016 halving occurred in july 2016. from january to july, price rose from $350 to $780.

food for thought. Wink

This one pumped me to buy for more lol. Thank you for your reminding.
sr. member
Activity: 994
Merit: 257
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November 04, 2019, 06:08:01 AM
#47
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
I think we could really see a huge dump before the halving occur for the whales to gain more BTC at a lower price,
So my suggestion is try to hold as much as you can and don't try to follow the huge dump don't sell your BTC before the halving.
Try to keep calm while the market is being played and hold your crypto for sure they would try to accumulate as much as they can so we should also do the same.
sr. member
Activity: 1372
Merit: 264
November 04, 2019, 05:39:17 AM
#46
I think the value of bitxoin could go drop between the range of 8500 - 9000 and that would be the last drop and it will bounce back to 10k and i think the altcoins value could go down once bitcoin rise up.

That's why we need to wait until it goes dip and take advantage of cheap price and we can sell it and make a lot of profit.
hero member
Activity: 2982
Merit: 610
November 04, 2019, 03:08:00 AM
#45
I don't like to see any dump from the current price, but I don't control the market and we know that this market is very unpredictable so it could happen.
Actually its not a big deal, it can dump as long as it will also bounce back strong like what happened recently.

What I am only hoping is that this year is going to be a successful year for bitcoin, I mean BTC has recovered with a good percentage already but at least we stay not less than $10,000 before the end of the year, I think its good enough.
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