Topic: the end of the battle hash and BTC falls - page 2. (Read 471 times)
I am taking advantage of this bear market to own a full bitcoin once more.
I've heard so many conflicting reports about the reason for the Bitcoin crash;
Bitcoin Cash war
Cheaper ASICs
Banks manipulations etc...
I think the current dip has baffled everyone, and this has made wasy for FUD to run rife and further tank the price of Bitcoin, and the entire cryptocurrency market.
Bitcoin Cash war
Cheaper ASICs
Banks manipulations etc...
I think the current dip has baffled everyone, and this has made wasy for FUD to run rife and further tank the price of Bitcoin, and the entire cryptocurrency market.
I think the crypto civil war that happened lately is only an opening door to other issues and problems that have dropped the price of the bitcoin market. Investors' trust in bitcoin is increasingly fading, but on the other hand I'm sure there are large investors who are entering to take advantage of the decline in bitcoin prices as the prospect of future profits. besides that panic sell does not have a significant effect on the crypto market, perhaps more precisely than that is price manipulation, made as if there is a panic sell, even though the one who sells the bitcoin assets that much is the same group of people
No real reason as to why the price tanked that hard. Bakkt has announced its postponement a few days ago from now and there hasn't seem to be any significant reaction to that. Also, support from $4000, from what it looks like, was easily broken earlier. As I've expected and assumed, the price can even go deeper to $6200 and it's still being optimistic by that point, and anything further down is just absolutely devastating for a huge number of miners which could also trigger to yet another panic sell. BCHAB and BCHSV hash war hasn't subsided yet, but the amount of damage they have caused from bitcoin is too huge for immediate repairs.
I heard that the BCHABC and BCHSV battles become weak, the capacity was small, and I concluded that the BTC decline was over, but, after I go to the market today, BTC fell deeper.
are there other factors that make BTC fall again?
are there other factors that make BTC fall again?
Others speculate that due to the postponement of the Bakkt offering, the price fell again. But we should look at the bright side, again, as I have said, the bears are exhausted at this point and there will be a time that selling will be over and the next bull cycle will happened. So let's see how the price will go on the next couple of days, if we're close to bottom then we should see some good bounce, but if there are more sellers (perhaps the last few), then the price could go deeper but its the best opportunity to snatch a few BTC.
panic selling ? common, from 20k to now ? panic selling everyday ?
when the real buy support was broken we entered uncharted waters and in situations like these investors usually stay away and wait for the manipulation and panic sells to end before entering. that means they can easily push the price lower and lower until it reaches some really strong buy support at a much lower price.
if you have been looking around the groundwork has been in place too with all the FUD about how bitcoin should bottom out at $3k. and none of them really provided any valid arguments for it either! only nonsense and guesses.
BCH drama was only the initiator of the drop...
if you have been looking around the groundwork has been in place too with all the FUD about how bitcoin should bottom out at $3k. and none of them really provided any valid arguments for it either! only nonsense and guesses.
BCH drama was only the initiator of the drop...
I heard that the BCHABC and BCHSV battles become weak, the capacity was small, and I concluded that the BTC decline was over, but, after I go to the market today, BTC fell deeper.
are there other factors that make BTC fall again?
are there other factors that make BTC fall again?
People lost faith to BTC that's why some long time investors do panic selling and others are settling for a safe haven in tether coins.
The BCH fork drama really created huge damage to the crypto performance. This made the btc value fall in a dramatic way.
We are already nearing the last month of the year and I'm pretty certain that what goes down must go up. Bitcoin will surely recover
and people who lack faith about the technology of bitcoin will be wronged again.
Now is the time to take advantage of this huge sale.
I think panic sell is a long reason, I mean is the latest factor that makes bitcoin fall deeper today. did you find another factor?
if the panic is felt by a minority of BTC users, I think, that will not affect BTC.
if the panic is felt by a minority of BTC users, I think, that will not affect BTC.
yes, panic sell.
I heard that the BCHABC and BCHSV battles become weak, the capacity was small, and I concluded that the BTC decline was over, but, after I go to the market today, BTC fell deeper.
are there other factors that make BTC fall again?
are there other factors that make BTC fall again?
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