Topic: Recent crash - page 2. (Read 687 times)
Probably a combination of fud, hashwar and manipulation are the factors that pulling the market down. I think it will be a healthy start for new entrants, potentially good for long term. Holders are being tested and filtered again just like the past years, wish I had more capital to spend for cheap coins.
About the market and Bitcoin or cryptocurrency investment the problem of market crashes could be a decline and price increases.
all of that there are factors behind all this which is clear I hope the crypto market will improve and all the wounds and sorrows will disappear, can make people especially bitcoin users can be excited in investing.
all of that there are factors behind all this which is clear I hope the crypto market will improve and all the wounds and sorrows will disappear, can make people especially bitcoin users can be excited in investing.
I want to have a serious discussion about the recent crash that happened in the crypto market, more precisely bitcoin.
What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
I think it is just a temporary thing for now. I do not think the price could stay like this for a long time. The reason I believe its temporary is the amount of sellers in the market right now, it is not as much as it used to be and the amount gets lower and lower everyday. What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
This hash war thing that happened and caused all this drop is almost over now and I do not think they are selling anymore, which means they will not be here to keep the price low when it goes back up. Plus the miners at bitmain will start to realize they can now start selling their mined profits a lot higher and they will remove their sell orders as well.
All that combined equals to people who would like to buy bitcoin at these prices but people who are not willing to sell at these prices which will make the price go up very soon. Probably by next week.
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The markets will eventually stabilize. All will settle down in due time and the prices will begin to rise again.
I think it's a deepest correction, and we need to see the price in the last year. In the last year, we are seeing the price increase very higher and makes people invest in the higher price and this makes a deep correction which is happening right now. I think this will continue to happen until the end of the year and in the new year, we will see a surprise from bitcoin. Besides that, people are not ready to see the deep correction and some of them are a new investor who needs more lesson about bitcoin. They only follow the trend without learning about bitcoin so they are stuck in the highest price and regret to buy bitcoin in the last year. But we all have a different opinion and we really don't know when it's over and we can only follow the price, make a buy and sell and try to make a profit.
We don't know is it healthy for the long-term or not but we will see the price back again soon and all we can do now is only waiting for the time to comes. But I hope that in the next month, bitcoin price will start to rise again and it slowly will break any higher price.
We don't know is it healthy for the long-term or not but we will see the price back again soon and all we can do now is only waiting for the time to comes. But I hope that in the next month, bitcoin price will start to rise again and it slowly will break any higher price.
I want to have a serious discussion about the recent crash that happened in the crypto market, more precisely bitcoin.
What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
I think it is because of some people causing a panic and giving fear to investors. Most investors especially the new ones are affected by those news about bitcoin as well as other cryptocurrencies being called as a bubble, so once they saw a small drop they begun to withdraw whatever amount of investment or holdings they have, then it went dropping in bigger scales, then it went crashing down. I think there are more people who are just new in the cryptoworld than those people who actually understand how cryptocurrency works.
You can make many assumptions, that of the speculation of groups of investors who want to create a panic is certainly the most probable.
It is true that all the classical methods of fundamental analysis and technical analysis are not applicable, and therefore more than investment it is better to talk about gambling.
It is true that all the classical methods of fundamental analysis and technical analysis are not applicable, and therefore more than investment it is better to talk about gambling.
I want to have a serious discussion about the recent crash that happened in the crypto market, more precisely bitcoin.
What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
If you will observe the chart, you will find out that the cryptocurrency market crashed. Especially the bitcoin, the price of the bitcoin is continuing to go down. The bitcoin is now in the declining point, but I think that the bitcoin will overcome this crash. What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
I am pretty sure a lot of people will come with their own different theories with the bitcoincash fork and all that, but of course, it is a market and we always like to have something to pin the movement of the market on, so I am not surprised.
For me, I just feel the market was not done yet for the bear trend and trust me, at times like this, when there is a chance for more institutional entries, there would not be any until they are sure all the weak hands have been driven back home enough.
So in a way, let's just assume the downtrend of the market right now as far as I am concerned, is just the final shakedown of the weak hands.
For me, I just feel the market was not done yet for the bear trend and trust me, at times like this, when there is a chance for more institutional entries, there would not be any until they are sure all the weak hands have been driven back home enough.
So in a way, let's just assume the downtrend of the market right now as far as I am concerned, is just the final shakedown of the weak hands.
I want to have a serious discussion about the recent crash that happened in the crypto market, more precisely bitcoin.
What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
If you will observe the chart, you will find out that the cryptocurrency market crashed. Especially the bitcoin, the price of the bitcoin is continuing to go down. The bitcoin is now in the declining point, but I think that the bitcoin will overcome this crash. What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
Before we analyze the crash I wanted to know what exactly caused bitcoin to do 19X in 2017?
I am new in crypto but I did not found any development in bitcoin (apart from Segwit) that is path breaking in 2017 but it still rose.
I think ICOs increased demands of BTC, people invested in them as crazy. In 2018 everybody knows that ICOs are scam and they are not able to gather the BTC they used to be decreased the demand.
All the BTC that was gained by scam ICO might be also getting offloaded.
I am new in crypto but I did not found any development in bitcoin (apart from Segwit) that is path breaking in 2017 but it still rose.
I think ICOs increased demands of BTC, people invested in them as crazy. In 2018 everybody knows that ICOs are scam and they are not able to gather the BTC they used to be decreased the demand.
All the BTC that was gained by scam ICO might be also getting offloaded.
I want to have a serious discussion about the recent crash that happened in the crypto market, more precisely bitcoin.
What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
What are your thoughts on this subject? What caused it, is it healthy for the long term, when do you expect to see the price back again?
I'll keep this thread self-moderated because I don't want to it to turn into another spam thread.
I think it was a combination of forces. Price was moving in a tight range. Bulls failed on their last try up in October, so it was the bears' turn to try and force a breakout.
Heading into the crash, shorts were low and longs were high, implying weak bid support and lots of fuel for selling. Some large sellers, perhaps including Craig Wright and his rich friends, capitalized on the BCH FUD and low liquidity order books, causing a selloff. During other times this year, buyers were bullish enough to step in and absorb this kind of selling pressure. This time around, the books were empty. The market was finally ready to crash.
I think it's healthy for the long term, yes. People were too hopeful and bullish. This kind of reset is all part of the general market cycle. The same thing happened in 2014. I would guess price will bottom out anytime between early December and late March. Then we'll probably see a show of strength from bulls and some sideways for several months as the market confirms the bottom is in.
The reason for the collapse is very simple. There are many bubbles in the cryptocurrency market, and many applications have not been widely promoted. This is a long process. Investors have now lost their courage. However, the market will continue to decline.
Well, for me its either market manipulation or a real correction.
Since last year cryptomarket is being manipulated by either a small or big whales, and this year we saw a lot of pumps and dumps trend which benefit the manipulators. Corrections is still possible reason for this, we already hit the peak and now its time to reach the bottom again. Its very unfortunate for a good technology to be on this position, but I believe 2019 will become a great year for us, cryptomarket will soon rise again.
Since last year cryptomarket is being manipulated by either a small or big whales, and this year we saw a lot of pumps and dumps trend which benefit the manipulators. Corrections is still possible reason for this, we already hit the peak and now its time to reach the bottom again. Its very unfortunate for a good technology to be on this position, but I believe 2019 will become a great year for us, cryptomarket will soon rise again.
It will probably breach $2900. And below. Tighten your seatbelt.
This has nothing to do with BCH. In fact, in November, the global stock market, financial markets and cryptocurrency markets all experienced significant depreciation. Maybe the depreciation of Bitcoin is being promoted? I think gold will rise rapidly in the next month.
Perhaps the most the main reason sharp and impressive
the decline in the price of bitcoin is the division in the Bitcoin Cash ABC network and Bitcoin Cash SV. This pushed the price down, and then the market began to decline further amid fatigue and a two-month flat in a narrow range.
This market is very volatile and the decline was obvious for a long time, but no one could think that it would be so deep. Miners turn off their farms and this also contributes to the reduction. All newalias like a snowball and as soon as it melts to decide only for ourselves. We need good news and they just don't exist.
the decline in the price of bitcoin is the division in the Bitcoin Cash ABC network and Bitcoin Cash SV. This pushed the price down, and then the market began to decline further amid fatigue and a two-month flat in a narrow range.
This market is very volatile and the decline was obvious for a long time, but no one could think that it would be so deep. Miners turn off their farms and this also contributes to the reduction. All newalias like a snowball and as soon as it melts to decide only for ourselves. We need good news and they just don't exist.
My belief is that the crash was induced by market manipulation. Group of people who holds some amount of BTC sells their BTC on coinbase or/and other exchnages to get market in red. In the same time they have leveraged postions on other exchnages with short postions. This is relativly easilt done bceause btc volume is small and therefore they dont ned a lot of money . the rest what happened was panic of the market. Its hard to tell wether it is healthy, it shacked of a lot of investors whihc have lost a ton of money but who will come and take their place..
In every market, there are always those ones who are the bigger players and what they do is trade in the emotion of the market. Wind_Fury said something one time on one thread here, that we should be very much scared of the whalecumulators, so he called them, considering that they are everywhere and trying to see the reaction of people to the present trend, and since basically the market consolidated for a while in the descending triangle, and a lot of people started calling bull runs, probably, we'd just imagine this is a way of getting more of the weak hands to bail out eventually and give up hope for the market.
Recent crash to me is just more of a chance to buy more, and possibly we are getting pretty close to when we will get to see the institutions kick in with a great bounce.
My belief is that the crash was induced by market manipulation. Group of people who holds some amount of BTC sells their BTC on coinbase or/and other exchnages to get market in red. In the same time they have leveraged postions on other exchnages with short postions. This is relativly easilt done bceause btc volume is small and therefore they dont ned a lot of money . the rest what happened was panic of the market. Its hard to tell wether it is healthy, it shacked of a lot of investors whihc have lost a ton of money but who will come and take their place..
Isn't that what all those hedge funds were supposed to be doing--the same hedge funds that apparently are going out of business in droves now? What you described sounds like hedging to me, and I'll betcha that there's probably too much leverage going on with the big traders. Seems like that's always the case when markets crash. This could be big investors selling, or it could be people panicking.
Well it was said that Bitcoin price crash due to Bitcoin Cash ABC and Bitcoin Cash SV. But I think we have been played all along and I have a theory that CW has been planning this for so long and might even colluding with other crypto websites as well to create waves of FUD article like this one.
https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/
As someone who doesn't keep up with bitcoin market news (and I probably should), I don't know what those bolded terms are. I'll check that link and see if it clears anything up. We really need some sort of running history of bitcoin news for idiots like me who always seem to get interested way too late.https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/
Edit: Ach, that article was just a bunch of technical analysis babble.
If the crypto market isn't the only one then it's not a bad thing since it also means it can recover, the same way other markets can recover. I don't believe the crash has been caused by the BCH fork, otherwise, we would see a crash very trimester.
It's definitely true that crypto isn't the only asset class correcting, but it's somewhat interesting that while crypto is being praised by people to not be correlated with the traditional markets, it actually has been for a while.At what point we start to use other words to describe the downfall besides " correction" ?
I dont thin kthat this is the correct time to use word " correction" , this is complete crash and panic selling, at the moment we are testing the low of ~4300 in BTC and ETH we are heading towards 100$.
He considered a correction has different levels. But the point was the same trend between different markets.
If in 10 days the cryptos market recovers to the $6,000-$7,000 range. How will you call it? Will you still call it a "complete crash"?
See my post below:
https://bitcointalksearch.org/topic/m.48128287
Quote
Is it really a Crypto Crash?
The gold price got a similar crash last week within a 3-4 days period and then recover back within a week.
https://www.bullionvault.com/gold-price-chart.do
The CAC 40 benchmark is showing the same trend AND the same days
https://www.google.com/search?q=cac+40&rlz=1C1CHBD_frFR818FR818&oq=cac+40&aqs=chrome..69i57j0l5.1840j0j7&sourceid=chrome&ie=UTF-8
I didn't check The US Stock market but I am quite sure to see the same graph pattern, here I take as an example Johnson & Johnson & Philip Morris International Inc
https://money.cnn.com/quote/quote.html?symb=PM
https://money.cnn.com/quote/quote.html?symb=JNJ
The gold price got a similar crash last week within a 3-4 days period and then recover back within a week.
https://www.bullionvault.com/gold-price-chart.do
The CAC 40 benchmark is showing the same trend AND the same days
https://www.google.com/search?q=cac+40&rlz=1C1CHBD_frFR818FR818&oq=cac+40&aqs=chrome..69i57j0l5.1840j0j7&sourceid=chrome&ie=UTF-8
I didn't check The US Stock market but I am quite sure to see the same graph pattern, here I take as an example Johnson & Johnson & Philip Morris International Inc
https://money.cnn.com/quote/quote.html?symb=PM
https://money.cnn.com/quote/quote.html?symb=JNJ
In the Stock markets, economist says their "correction is not finished yet" by the way
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