Topic: Recent crash - page 3. (Read 757 times)
It is for sure that is a manipulation and there's a group of greedy people to make the market worse. They don't care about reputation of crypto currencies and develepment of crypto market. They are aiming to win more and more by manipulating market.
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$.
Well, this matter is contemporary that nobody knows until when this bearish cryptos end.
Precisely, the manipulator laughing of peoples action were panic takes them to get rid their bitcoin.
In case whales are the persons behind this, then I assumed that they are the right person to change the momentum.
Still the question remains "when"?
Precisely, the manipulator laughing of peoples action were panic takes them to get rid their bitcoin.
In case whales are the persons behind this, then I assumed that they are the right person to change the momentum.
Still the question remains "when"?
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..
I agreed. This is the biggest manipulation to get multiple profits. I was told by a trader who has been trading in crypto and forex, that big players are not afraid to experience losses at the beginning to gain multiple profits. We can see the panic of the holders and be aware of the current trading
Guys, guys. Let’s turn our heads from cryptos and have a thought about world economy. We are slowly falling in to recession. Basically all markets and indexes are losing a !!couple of percents!! daily/weekly. For traditional markets that is unacceptable and will sure lead to crash. Don’t want to sound pessimistic but BTC well below 5k is a very stable sign of weak economy and diminishing cash flows. My advice is just to wait till Jan.
If we are falling into recession then there's a good chance the money flow will look even worse in January.
On the other hand some may use Bitcoin as safe haven for their funds, who knows?
Just again, I want to point out that January may be as good or bad as any other moment.
Guys, guys. Let’s turn our heads from cryptos and have a thought about world economy. We are slowly falling in to recession. Basically all markets and indexes are losing a !!couple of percents!! daily/weekly. For traditional markets that is unacceptable and will sure lead to crash. Don’t want to sound pessimistic but BTC well below 5k is a very stable sign of weak economy and diminishing cash flows. My advice is just to wait till Jan.
I'd say it's impossible to fully say what caused the first crash when Bitcoin was around $6,500. The price of Bitcoin always has a strong domino effect so when it starts going up everyone starts buying it making the price shoot up, but when there's even just a small crash everyone starts to panic sell. It's very possible when there's a small normal crash people's fear turn it into something a lot bigger.
This crash occurs quite quickly and lasts quite a long time because Crypto has no power on real economics. I mean crypto doesn't have a functional value for real goods which makes it nothing more than an investment in the internet. I hope crypto will rise soon, but I think it's difficult because if crypto doesn't have functional power on real economics, crypto will have a hard time going up. but back again, we also don't know what will happen.
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.
They say that this was due to market manipulation of the big whales charge to bearish market and the weak hands or the panic people falls to it making the big whales well feed by them. I like to believed it to start the bulliish thing if there is and if bullish run will be triggered by this recent crash then it will be very fortunate to those who holds.
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.It really seems that anything that fits in the category speculation is being dumped because investors aim to park capital in that what they think offers more solidity, and I honestly can't blame them for that.
Regarding BCH, I don't consider that to be anything worth looking at, but if enough investors and traders think it does matter, then it will matter. It's the power of the mass that counts at the end of the day, and the mass is in full panic mode.
Anyone about this https://bitcointalksearch.org/topic/m.48128287 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.
As for me the market is still healthy even we see the red and downfall.
I think one of the main reason of the slide is the Fork of Bitcoin cash.
For now we dont need to panic, we just need to bag more and wait for the rise.
Who must be careful? those who get the BCH for the FORK. once everything is fine BTC will be back and there will be a fall from other.
I think one of the main reason of the slide is the Fork of Bitcoin cash.
For now we dont need to panic, we just need to bag more and wait for the rise.
Who must be careful? those who get the BCH for the FORK. once everything is fine BTC will be back and there will be a fall from other.
my observation is that this drop was due to manipulation and not much else. it started by CSW's lies about dumping bitcoin and continued by whales taking advantage and dumping bitcoin.
the situation was also perfectly ready for such a drop because of the stability which made everyone bored and most traders to leave the market.
the situation was also perfectly ready for such a drop because of the stability which made everyone bored and most traders to leave the market.
I would add something to this: some speculators that bought in with the hope for good news from BAKKT may have heard the news early and profited on the BCH split to sell. (They'll buy back cheaper and will be ready in January for BAKKT again.) I don't say that ETF and BAKKT are serious subjects, however I expect some may speculate around it.
And I think that there are other causes too, including the rather new troubles the Chinese government did to the miner companies.
So while my opinion is also that the current price drop is heavily linked to speculation, I think that there are multiple speculation "vectors" that combined this time for the worse.
I believe its a combination of a few factors,
1. Correction
2. Cycle
3. Manipulation
These three small factors have a huge impact on the market, its happened to the stock market as well, people are mass selling because they see the price of crypto falling down, kinda the same what happened when China bought BTC and the price rose up to 1200$ back in the days. We are now in the anger fase and try to blame it on someone or some entitie(s) e.g goverments/banks. My advice buy them while they are on sale because the next time we hit a cycle may be over 10 years. Its a opportunity to make profits.
Also people here in the west need to use bitcoin more. It needs to go in circulation, only then you will see bitcoin and other related coins its fully potential. Then crypto's will have a true value other than making money, but an other alternative for cash.
1. Correction
2. Cycle
3. Manipulation
These three small factors have a huge impact on the market, its happened to the stock market as well, people are mass selling because they see the price of crypto falling down, kinda the same what happened when China bought BTC and the price rose up to 1200$ back in the days. We are now in the anger fase and try to blame it on someone or some entitie(s) e.g goverments/banks. My advice buy them while they are on sale because the next time we hit a cycle may be over 10 years. Its a opportunity to make profits.
Also people here in the west need to use bitcoin more. It needs to go in circulation, only then you will see bitcoin and other related coins its fully potential. Then crypto's will have a true value other than making money, but an other alternative for cash.
What are your thoughts on this subject? What caused it,
my observation is that this drop was due to manipulation and not much else. it started by CSW's lies about dumping bitcoin and continued by whales taking advantage and dumping bitcoin.
the situation was also perfectly ready for such a drop because of the stability which made everyone bored and most traders to leave the market.
Quote
is it healthy for the long term,
absolutely not. volatility like this is never good for bitcoin's image specially when it is volatility out of nowhere and due to manipulation.Quote
when do you expect to see the price back again?
as i said in another topic i think it depends on the the performance of bitcoin in the following month. if it under performs or drops more then we can expect most of 2019 to be the same boring market too. but if it ends this month we can see 2019 to be a bull run year.
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..
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 have quite a lot of thoughts on the market situation now. I am really sad and quite happy. Because now the price of the altcoins was cheaper than I expected and this is the opportunity for me. But now I'm feeling our market is being driven by big guys. This market is not for me, those who want to invest in value. The altcoins really have no responsibility in developing and have let the organization manipulate. That is the saddest thing I want to say. 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 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.
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/
So there's definitely some colluding from behind to really make the market worse. I will say that its not over yet, I'm expecting some investors are still going to pull the plug, so personally we can still go deep in the next couple of weeks. If everything settles down in a month or two then probably the first quarter will be a big test to see if the bulls will start to show and flex its muscle, otherwise it will be a big uphill battle unless some positive news like the Bitcoin ETF or Bakkt can turn things around.
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.
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