The value of Bitcoin continues to fall, for 1 hour it decreases slowly

Mhd-Bobbi

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Quote from: bitcoincitr on October 30, 2018, 03:48:42 PM

For cryptomarket, seeing such waves daily or weekly is normal. If you would like to see main trend, I suggest to look a longer time scale. Where really market goes is not the same with the media says. They have been manipulating traditional markets for decades and crypto market does not differ from them.

Media is a means to read, so the media cannot be blamed, because everyone gets information from the media, but they also have to do their own research, they are not too quick to draw conclusions.
For me, the media that has spread so far, I consider to be the subject of my research, and I am not very quick to draw conclusions.

bitcoincitr

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For cryptomarket, seeing such waves daily or weekly is normal. If you would like to see main trend, I suggest to look a longer time scale. Where really market goes is not the same with the media says. They have been manipulating traditional markets for decades and crypto market does not differ from them.

bellamente

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I am sad how long will it last?

I hope that in the new 2019 we will wait for the bulls that will be able to blow up the market and we will wait for the growth of Bitcoin

SamReomo

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Yeah, I saw the downward movement of Bitcoin for the day, and it seems that it is a common movements like every other day. Bitcoin is not moving upwards but at the same time it isn't getting downward. Such kind of movements are not bad at all because it is still at the support level of $6500.

I am very sure that the movement will go upward in December 2018, or in January to February 2019, but that is still not a perfect prediction. No one can actually predict exactly what will happen to the Bitcoin in upcoming months because there might be those who would do their best to stop the growth of Bitcoin.

In the current times of cryptos and Bitcoin, the market is very vulnerable, and almost acceptability of Bitcoins is reducing in the online world. these times will soon pass and there will come a time when everyone will have to accept the fact that Bitcoin is an essential part of this world. Its worth is more than gold, and its security is far greater than others.

demenBTC

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Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

Signs of falling prices have made many crypto investors anxious, who want to reduce their losses.

Many sites that contain news about what actually caused the price of bitcoin to drop?

All answers vary, no one gives a definite answer, everything is different.

Here, I quote some sites that I have read:

On the CCN website said that investors are trembling because he has never experienced a true bear market. (Does the relationship with investors vibrate?)
On the ethereumworldnews website, there's hacking by Coinraill (what does it have to do with hacking?)
The express website says "google" will delete ads about cryptocurrency. (what's the problem with Google, the fact is that cryptocurrency advertising continues to run today?)

Quotations from the site above, maybe you will think, how long will this end?
How long will we wait for him?
Don't ask again about the price of bitcoin for 2018-2019 whether up or down, reading, and doing your own research.
Quotes that I post as material to read and ponder.

maybe you need to read this site https://news.bitcoin.com/
a lot of the latest news is positive about bitcoin and cryptocurrency for the present and the future, anxiety about investors in the small decline is not a big investor but is common in beginners, news from the media does not affect true investors, they always use the system of experience in the past, Google prohibits advertisements about crypto, but crypto can be freely accessed Google

dothebeats

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Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

-snip-

On the CCN website said that investors are trembling because he has never experienced a true bear market. (Does the relationship with investors vibrate?)

Exaggerated news IMO. Stating that we have entered a bear market just because of a $100 drop?

Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

On the ethereumworldnews website, there's hacking by Coinraill (what does it have to do with hacking?)

Normally, whenever a hack occurs, some traders are easily fend off by the fact that the hackers might dump the coins immediately to cover their tracks, and because of that, a dump might occur shortly after the hack ensued.

Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

The express website says "google" will delete ads about cryptocurrency. (what's the problem with Google, the fact is that cryptocurrency advertising continues to run today?)

This has been going on for over a year now and still, I'm seeing cryptocurrency ads on Google (and even YouTube) every single day.

Mhd-Bobbi

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Quote from: tenakha on October 30, 2018, 09:30:03 AM

The links you have shared are also the news of 4-5 months ago, they share such news even now and these are unnecessary news.

I read a number of media, some media said that bitcoin had declined to this day.
The price I see today is 10/30/2018, up and down, which means that the site I quoted circulating around 4-5 months ago is exactly the same for today.
But I think the site that I found only considers reading material and knowledge, but I still do my own research.

iASIC

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Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

Signs of falling prices have made many crypto investors anxious, who want to reduce their losses.

Many sites that contain news about what actually caused the price of bitcoin to drop?

All answers vary, no one gives a definite answer, everything is different.

Here, I quote some sites that I have read:

On the CCN website said that investors are trembling because he has never experienced a true bear market. (Does the relationship with investors vibrate?)
On the ethereumworldnews website, there's hacking by Coinraill (what does it have to do with hacking?)
The express website says "google" will delete ads about cryptocurrency. (what's the problem with Google, the fact is that cryptocurrency advertising continues to run today?)

Quotations from the site above, maybe you will think, how long will this end?
How long will we wait for him?
Don't ask again about the price of bitcoin for 2018-2019 whether up or down, reading, and doing your own research.
Quotes that I post as material to read and ponder.

This is one of the bad news and reflects true psychology of investors now. But when the market is really hard, if we leave, we will certainly be disadvantaged. We will not benefit when the market returns. So I think we should wait two more years for the market to return to a stable level. It is the shortest time possible.

Mhd-Bobbi

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Quote from: BrewMaster on October 30, 2018, 07:49:06 AM

can you explain to me how you come up with that statement?

On the other hand I also quote from the site, that they say that every 1 hour the price of bitcoin has also decreased.
Source

I also quote from economic media, they explained that 24 hours of bitcoin prices also dropped.

help me to translate it, on the site they have explained it.

tenakha

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The price drop was only 200 USD and I didn't understand why you were so inflated. These drops occur at least once a week and do not go below 6k, when it will go down below 6k, then maybe the signal for price decrease. The links you have shared are also the news of 4-5 months ago, they share such news even now and these are unnecessary news.

BrewMaster

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Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

The value of Bitcoin continues to fall, for 1 hour it decreases slowly

can you explain to me how you come up with that statement?
24 hours later and all we had in the past 2 days was a sharp but very tiny drop from $6400 to $6200 which was not "slow" and was not a "continue to fall". and price is still the same after all this time!

jseverson

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Quote from: Mhd-Bobbi on October 29, 2018, 02:16:46 PM

I read and quoted several economic sites.Kompas said that every 1 hour the price of virtual currencies fell sharply.
Please translate, I forgot to add the next site.

That kind of movement is expected in the crypto market. They don't really have any real reasons behind them either. People move coins for one reason or another, and those movements affect the market. It's the same with stocks and forex, except crypto is usually more volatile.

It also has to be noted that you can't usually pinpoint the reason for drops, which is why different people have different answers. Everyone's simply speculating.

KingScorpio

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Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

Signs of falling prices have made many crypto investors anxious, who want to reduce their losses.

Many sites that contain news about what actually caused the price of bitcoin to drop?

All answers vary, no one gives a definite answer, everything is different.

Here, I quote some sites that I have read:

On the CCN website said that investors are trembling because he has never experienced a true bear market. (Does the relationship with investors vibrate?)
On the ethereumworldnews website, there's hacking by Coinraill (what does it have to do with hacking?)
The express website says "google" will delete ads about cryptocurrency. (what's the problem with Google, the fact is that cryptocurrency advertising continues to run today?)

Quotations from the site above, maybe you will think, how long will this end?
How long will we wait for him?
Don't ask again about the price of bitcoin for 2018-2019 whether up or down, reading, and doing your own research.
Quotes that I post as material to read and ponder.

people drop out investing into bitcoin because it doesnt attract a run on itself,

tunapa

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Personally I can't say this is a bear just because there is little percentage drop in price, we should expect this to happen sometimes as we can't keep going up and up. Let's just be calm and look for ways to take profit even in so tagged "bear market" .

avikz

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Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

Here, I quote some sites that I have read:

On the CCN website said that investors are trembling because he has never experienced a true bear market. (Does the relationship with investors vibrate?)

Do we really call it a bear market?? It's a mere $200 drop in price. From $6,500 to $6,300 only. If the investors a re worried about this small drop which was a routine for bitcoin few months back when we have seen $200 volatility within few minutes, they should not come to the market at the first place! It's NOT a big deal at all!

Quote

On the ethereumworldnews website, there's hacking by Coinraill (what does it have to do with hacking?)

Coinrail was hacked in June 2018, almost 5 months ago. It is highly unlikely that we are facing the effect now! Around $40 millions of digital assets were stolen during this coinrail incident which includes a large number of tokens! Tokens under private blockchains have already been frozen whenever possible. So I don't think we are seeing any effect of that hacking incident right now!

Quote

The express website says "google" will delete ads about cryptocurrency. (what's the problem with Google, the fact is that cryptocurrency advertising continues to run today?)

This news published during March 2018 and I believe Google has already backtracked from this decision. Even though I am not updated about this news currently! But I can still see a lot of Google ad place service crypto ads. When this news was broken out during March this year, we have seen a slight decrease in price at that time, but not now! We can strike it off!

Quote

Quotations from the site above, maybe you will think, how long will this end?
How long will we wait for him?
Don't ask again about the price of bitcoin for 2018-2019 whether up or down, reading, and doing your own research.
Quotes that I post as material to read and ponder.

No one knows! Probably asking GOD will fetch you some answer!

farosa

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1 & 0 😏

Already the price cannot always stay in place and will increase as much as it decreased. It is not true that these unnecessary news can affect the price, so you cannot see that the price moves upwards when good similar news come. Panic is the biggest enemy of the price and we should fight with it.

bitvalak

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Quote from: Mhd-Bobbi on October 29, 2018, 01:42:02 PM

Signs of falling prices have made many crypto investors anxious, who want to reduce their losses.

Many sites that contain news about what actually caused the price of bitcoin to drop?

All answers vary, no one gives a definite answer, everything is different.

Here, I quote some sites that I have read:

On the CCN website said that investors are trembling because he has never experienced a true bear market. (Does the relationship with investors vibrate?)
On the ethereumworldnews website, there's hacking by Coinraill (what does it have to do with hacking?)
The express website says "google" will delete ads about cryptocurrency. (what's the problem with Google, the fact is that cryptocurrency advertising continues to run today?)

Quotations from the site above, maybe you will think, how long will this end?
How long will we wait for him?
Don't ask again about the price of bitcoin for 2018-2019 whether up or down, reading, and doing your own research.
Quotes that I post as material to read and ponder.

Because honestly there are no definite answers. All depends on the strategy and understanding of each. Many people have also created fraud to influence investors. The goal is to create fear and anxiety when looking at the price pattern of bitcoin. And I don't really trust the media, because what happens in the market is not a reflection of what the media says.

Curiosity7

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I wouldn't lend too much credence to mainstream media outlets. They have been found to manipulate the markets and crypto is no exception to this rule. But don't take my word for it, look it up yourself and see how for instance CNBCs fast money is an excellent counter indicator.

Secondly, I don't think a drop of around $200 is significant for BTC. The drop from 16,000 to 6000 was...

RodeoX

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The revolution will be monetized!

It is also worth remembering that this is a 24/7 global market. Before entertaining any ideas about why the price is changing you need to know who is selling. Many times I have seen posts explaining "The price went up because Elon Musk said...". Then a quick review of the sales shows 95% were made in China that day.

Screamshot

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The bearish market is upon us and that's means the prices of coins would be dropping regardless of the I don't think bitcoin has dropped badly it still not gone below $6000. I would love to know more about what can be done to stop or at least reduce a bearish market

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