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Topic: The market fell sharply, what is going on? - page 2. (Read 1070 times)

legendary
Activity: 3808
Merit: 1723
It's funny how people complain whenever Bitcoin goes down but they are forgetting how it went up last year.

I think the people who are complaining are the ones who probably bought on margin and got stopped out.

Look at the stock markets. They are all in a similiar position also.

This is a much needed correction and nothing to panic about.
full member
Activity: 602
Merit: 129
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad

There's still a lot of FUD around previous things, mostly around the tether/bitfinex situation and then facebook ban on crypto ads. Couple that then with new FUD today about India BANNING crypto (India is not banning crypto, please read the news yourself to see this is true).
Care to link me the details bro? I think it's just normal there is new from everywhere telling crypto's are bad for investing. Releasing fake news and bad feedbacks on BTC as well as the other cryptos they need to be stopped of else it will continuously go deeper. Social media is powerful it can even manipulate Bitcoins value in no time.
full member
Activity: 560
Merit: 100
Oh well... Twitter began blocking crypto ads on Tuesday 27th March 2018, as it became the latest internet giant to crack down on the digital assets, following on from the decision by Google and Facebook.
It will also ban adverts relating to cryptocurrency wallets, initial coin offerings (ICOs) and token sales globally.

This decision has triggered the price of bitcoin to plunge on Monday 26th March from $8,316.45 to $8,049.63, and other cryptocurrency reacted similarly to the news.

Best time to stock up your coins.
full member
Activity: 566
Merit: 102
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
I don’t know for sure but as of recent, I see a bit of recovering. The market has started recovering from what I’m seeing and the current price is already close to $9000. I don’t know what happens next for sure, but I just pray that it continues to go up from here and reach another high price as some has predicted. I once came across a post this week that claims the price likely might reach the price rate of $15,000 around April. Let’s just have patience and see if that’ will happen. But I’m saving all I’ve got.
full member
Activity: 658
Merit: 103
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
Dumping lol you don't even know what are dumps, cause if a coin has a huge pump it will also have huge dump. There are no signs of what you are talking about it is a matter of gut that should take advantage of that if you right to something then don't hesitate not in a statistical manner cause it usually does not work all the way through.
newbie
Activity: 33
Merit: 0
i am now most of my balance is USDT, i am waiting to see what is the next at market as nowadays market is very unstable.
member
Activity: 270
Merit: 10
When it comes to risky assets that fall in price by 50%, this indicates that there will soon be a take-off. I think that many market participants do not lose hope, as they buy bitcoins, hoping that this is only a temporary pullback.
sr. member
Activity: 756
Merit: 252
Large institutions are spreading fake news in the media, in order to accumulate more cryptocurrencies, to dump them, to continue this cycle that they control.

I think there is truth to this, the FUD in the media.

I also think there was a needed correction anyway... Bitcoin skyrocketed and everything that goes up must come down Smiley

The FUD in the media plays some role without a doubt, however if the price of bitcoin was going up the no one will listen to what the media says and we will be concentrated on what was the price doing but since the prices are going down and the price going down because it was needed because bitcoin was in the middle of a bubble then the media is taking advantage of this and spreading a bunch of bad news that is sinking the market even further.
sr. member
Activity: 952
Merit: 251
As in any market, in the in cryptocurrency market, the price can not always go up for a long time. Bitcoin rises in price from 1000$ to 19000$, now it's time to drop a little bit in price. I think in the near future there will be a drop in the market.
When bitcoin suddenly touch 20k dollars, it was a golden chance for all those investors who bought bitcoin when it was a lot cheaper, to earn big profits so they sold out few coins. Now whenever a selling takes place, the price does not remain the same. It drops. This is very common in the world of digital coins. Besides, bitcoin needed rest and the holders too. But this is not the end of world. Actually we have only witness the glimpse of its true power.
newbie
Activity: 76
Merit: 0
My spirit is collapsing, not knowing what's going on, my account is almost burning.  Cry Cry

What people call a storm, most people can not do anything and only shouting. My method is to transfer all my assets to USDT and place orders, turn off the computer and go play, then miracle will happen, property will increase by at least 1.5 times.
full member
Activity: 350
Merit: 100
As in any market, in the in cryptocurrency market, the price can not always go up for a long time. Bitcoin rises in price from 1000$ to 19000$, now it's time to drop a little bit in price. I think in the near future there will be a drop in the market.
sr. member
Activity: 659
Merit: 250
The market is still unstable and going down for several days. It may be a sign that we are prepared to go up quickly. I am still calm and continue to buy my favorite Altcoin and wait for the good to happen.
Going up quickly is very dangerous we should go up accordingly with some good dumps that makes good support in a particular price. This time i think it will be stay below $9k and might possibly another one big downtrend before it will go up. So for the mean time its advisable to wait and observe on the market with any possible break down to sell out your position if you are doing a short term trade.
full member
Activity: 403
Merit: 100
The market is still unstable and going down for several days. It may be a sign that we are prepared to go up quickly. I am still calm and continue to buy my favorite Altcoin and wait for the good to happen.
sr. member
Activity: 546
Merit: 250
I trust it's typical for crypto to possess a crash long-standing time, since we tend to as a full concur that bitcoin is being utilised a lot of for profit during this manner having a yearly destruction ought not out of the standard. It happens the bulk of the year and trust ME when this a monstrous profit is sitting tight for US, you just got to delay till purpose|the purpose} that they achieves their most reduced point then afterward getting the maximum amount as you'll be able to would be the most effective activity.
member
Activity: 392
Merit: 11
Large institutions are spreading fake news in the media, in order to accumulate more cryptocurrencies, to dump them, to continue this cycle that they control.
Right. The bad news given during this time is mostly due to some organizations and individuals wanting to influence the market in their intentions. Periodically, the market will stabilize again in April and May so you can now choose some good low cost altcoin to invest in.
full member
Activity: 378
Merit: 104
Large institutions are spreading fake news in the media, in order to accumulate more cryptocurrencies, to dump them, to continue this cycle that they control.

I think there is truth to this, the FUD in the media.

I also think there was a needed correction anyway... Bitcoin skyrocketed and everything that goes up must come down Smiley
sr. member
Activity: 756
Merit: 252
This is getting very old thing now. Market was dropped, market has dropped and market will surely drop one more time. So what the big deal in this? Just use the drop to buy more and more coins and enjoy the beer on weekends guys. These drops are profit makers as you can buy at real low prices and in the future you can make high sells all the time. Everyone of us knows that crypto currencies rising in price over the period of time so just stick to your goals and make big profits with such drops and rest. I would say there are only few people who understand this strategy but those who really understand this will always bless with profits.  Wink
What you say is true but those are the actions of someone that has complete faith and a very deep knowledge about what bitcoin is about, that does not describe your average investor or trader when they see the market is dropping they panic and they think this is it and that the market is finally going to crash and that they are going to lose all their money, of course that never happens and the only ones which lose money are themselves and all of those that panicked like them.
copper member
Activity: 21
Merit: 0
Large institutions/hedge-funds are spreading FUD in the media, in order to accumulate more cryptocurrencies, to dump them, to be able to buy back in, to dump them again.

legendary
Activity: 1148
Merit: 1001
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
It is worrisome, do not know how to do when the account has just fly 40% Sad

You are not the only one who are beginning to worry about our investments. And I was just saying "WTF" many times and my wife called my attention and asked me what's the problem was. I said my investments in crypto is down around 40%.

We can only speculate that there are entities working from behind who really wants crypto destroyed. Maybe governments are secretly talking to each other on what to do with it that's why we heard a lot of talks regarding banning bitcoin and crypto for that matter.

There is a lot of bad news recently, so we need to calm down and have some confidence in this market, hoping that the market will stabilize again.

often in recent years there have been bad news and events that seemed to destroy this market. But then, after the negative periods, we started to climb again and establish new records. so you need only be patient and wait for better moments!
member
Activity: 364
Merit: 10
Creative & digital marketing agency
There are more and more goverments are banning this market. The most serious one is in China and South Korea which make Bitcoin lose so much big investors .
More and more main exchanges of Bitcoin are getting hacked which cause to the huge BTC lost throwing out back to other exchanges , so the dump was came as a natural thing.
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