Topic: Whales are starting cashing out... (Read 3367 times)
Marketcap is at 79 billion now. At the top, it was around 84 billion.
don't you dare pricking your needle in this beautiful bubble
First this is not a bubble second prices will fall more third never sell.
Yup it starts with the whales and the minnows follow until they are finished cashing
out which is perfect for the whales to buy back at a lower rate which in turn is
followed again by new minnows buying in, Bitcoin showing a nice healthy dollar
value of $2244
The whales might have cashed out but they certainly cashed back in!
out which is perfect for the whales to buy back at a lower rate which in turn is
followed again by new minnows buying in, Bitcoin showing a nice healthy dollar
value of $2244
The whales might have cashed out but they certainly cashed back in!
Yeah, the drop was quite hard, i think it was due to panic and hence panic selling by many people. Now the prices of almost all coins have "bounced" back up, and i think this is just a "return to mean" price. So overall, it was a drop but the price is still higher than the price let's say, about a week ago?
Based on that i think the general trend is rising upwards with some slight bubble pops on the way.
Based on that i think the general trend is rising upwards with some slight bubble pops on the way.
I believe it's not yet time for the bubble to burst. It's just half way in the superbull market.
OMG panic time!! NOT. This is not a bubble bursting. There is no bubble to burst.
Allow me to explain. Cryptocurrency isn't in a bubble it's simply the beginning of a new phenomenon. This is simply
natural market progression: Buying/selling Profit getting/profit taking.
There is far too much behind this market to simply be a bubble that's going to burst and disappear.
One word of advice: Learn how to read charts!
Allow me to explain. Cryptocurrency isn't in a bubble it's simply the beginning of a new phenomenon. This is simply
natural market progression: Buying/selling Profit getting/profit taking.
There is far too much behind this market to simply be a bubble that's going to burst and disappear.
One word of advice: Learn how to read charts!
I am sure many people have made huge profits on crypto last weeks and they want to get their money out. If the downward-stationnary trend lasts several days, it will not go up again soon.
This is my opinion.
This is my opinion.
Agreed. There was big pump and now we are at dump where the price is tarted falling down. However since yesterday night it seems to be very stable and consistent at one dot. This might be a good opportunity buy some bitcoins I guess. As there would be another pump very soon. I have already started investing in it with market research. Whales will also do the same for their own profits.
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
I think that too. It's hard to believe that hundreds of millions of dollars are moved through alts with almost no substance, every day. I hope people buying now have a backup plan.
Pump and Dump. Thats how the whales influence the markets. I wouldn't buy right now you will probably lose a fortune if you do.
Just Hedge on your favorite alts.. Gotta have coins in our lives.. say no to Fiat
I may be wrong but I don't have good feeling about this dump. If you look at the chart of global crypto capitalisation, it doesnt look like any other dump during past 3 month.
I am afraid the bubble has started to burst and the newbies buying at highest price will pay the benefits of the whales who are cashing out.
I am afraid the bubble has started to burst and the newbies buying at highest price will pay the benefits of the whales who are cashing out.
How long is the bear market going to last? The saying goes "buy when others are fearful" but when is the right time to buy is the question. How long do the dumping phases last on average does anyone know?
The dumping phase can last a long time.
Here is a graph of Doge for example:
https://coinmarketcap.com/currencies/dogecoin/
Notice that they had a pump in January 2016 - and then the bear market for doge lasted a full year, and those who bought at the top had to wait till March 2017 for another pump before they could cash out.
Bear markets in cryptocurrency can be brutal.
Panic sell after all
My opinion about this, is that there is a lot of new money coming in to the crypto world.
Just look at Facebook, you will see at least 2 times a week a post of Bitcoin hitting a new record, or a post of 'Ripple to the moon'. This is getting a lot of people curious. and some of them will give crypto currency a shot.
It is also getting more mainstream now, and easy to get started with crypto currency, that will make more people joining in today.
Also when you look in Google trends, you will see a lot of movement to all coins.
for example:
Bitcoin: https://trends.google.com/trends/explore?date=today%2012-m&q=bitcoin
Ethereum: https://trends.google.com/trends/explore?date=today%2012-m&q=ethereum
Ripple/XRP: https://trends.google.com/trends/explore?date=today%2012-m&q=ripple
But also smaller coins getting more and more atention.
Artbyte: https://trends.google.com/trends/explore?date=today%2012-m&q=artbyte
Myriad: https://trends.google.com/trends/explore?date=today%2012-m&q=myriadcoin
Digibyte: https://trends.google.com/trends/explore?date=today%2012-m&q=digibyte
But also more people are searching on the keyword 'crypto currency' in general: https://trends.google.com/trends/explore?date=today%2012-m&q=crypto%20currency.
So what I think is yes, it will be a bubble, but it is just a new beginning with a lot of new people joining in.
Just look at Facebook, you will see at least 2 times a week a post of Bitcoin hitting a new record, or a post of 'Ripple to the moon'. This is getting a lot of people curious. and some of them will give crypto currency a shot.
It is also getting more mainstream now, and easy to get started with crypto currency, that will make more people joining in today.
Also when you look in Google trends, you will see a lot of movement to all coins.
for example:
Bitcoin: https://trends.google.com/trends/explore?date=today%2012-m&q=bitcoin
Ethereum: https://trends.google.com/trends/explore?date=today%2012-m&q=ethereum
Ripple/XRP: https://trends.google.com/trends/explore?date=today%2012-m&q=ripple
But also smaller coins getting more and more atention.
Artbyte: https://trends.google.com/trends/explore?date=today%2012-m&q=artbyte
Myriad: https://trends.google.com/trends/explore?date=today%2012-m&q=myriadcoin
Digibyte: https://trends.google.com/trends/explore?date=today%2012-m&q=digibyte
But also more people are searching on the keyword 'crypto currency' in general: https://trends.google.com/trends/explore?date=today%2012-m&q=crypto%20currency.
So what I think is yes, it will be a bubble, but it is just a new beginning with a lot of new people joining in.
I don't see any difference from the falls last week or the week before, there are always red days after the green ones.
Yeah, this could just be a pause and it looks just like the two before. Most of the coins drop about 20% and then hold steady. Then all of the sudden overnight they all are in the green again and being pumped.
The sudden rise and fall of bitcoin could be the culprit here. I think we're gonna see all green this weekend. (I hope)
Im not worried. Its about the long haul. I didn't invest to just pull out a month later. My plan is years.
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
Best time to buy. Coins on the discount for long-term holdingGet with it, boyo
You need to stop spamming message boards. I don't like the little games your playing. I take my money serous. You need to stop!
Yup. Buying now is a foolish act to do and you will loose money. The market fluctuating dangerously and hope this will stop gradually otherwise I feel many of the traders will leave altcoin trading.
well it depends on your strategy really and what you believe/think/hope and pray for,
there are other threads predicting bitcoin to go over $3000 this year and even $5000
so buying now would be ok too, but yea it all prediction, who knows whats going to happen ?
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
Best time to buy. Coins on the discount for long-term holdingGet with it, boyo
You need to stop spamming message boards. I don't like the little games your playing. I take my money serous. You need to stop!
Yup. Buying now is a foolish act to do and you will loose money. The market fluctuating dangerously and hope this will stop gradually otherwise I feel many of the traders will leave altcoin trading.
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
no bro, they are not dumping to crash the market they are dumping to buy back cheaper coins, it's normal to have a correction in bitcoin and more so in altcoin
What goes up must go down, and when its down is the time when you should BUY.. not buy at the top. Yes we're in a bubble but its no where near ending, matter of fact the party is just getting started
you don't know most of the time what the top is, otherwise we would all be rich already, my strategy is to buy when there is a continuos increase and to sell when there is a continuos decrease, with this strategy you don't remain off the market, and you have a chance to minimize possible losses
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
Best time to buy. Coins on the discount for long-term holdingGet with it, boyo
You need to stop spamming message boards. I don't like the little games your playing. I take my money serous. You need to stop!
Indeed it is a scary market in this few days all of the coin is on rising, we all know one day the whales will cash out and the price is going to fall down quickly, and it has been bubbling for quite a time, it is better to watch out before you decided to buy the coin
How long is the bear market going to last? The saying goes "buy when others are fearful" but when is the right time to buy is the question. How long do the dumping phases last on average does anyone know?
What goes up must go down, and when its down is the time when you should BUY.. not buy at the top. Yes we're in a bubble but its no where near ending, matter of fact the party is just getting started
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
Best time to buy. Coins on the discount for long-term holdingGet with it, boyo
No way you can get most of them 40% cheaper next week this time, we're slowly getting to the prices that we had last week before the pump started
I guess BTC will be fine since everyone will cash in BTC
Agree. People are cashing out from alts, (and the btc they earn will get cashed out into fiat). The markets are looking extremely toppy and there is bound to be a pullback.
are still looking for possible bounce back and even it will take some time we ain't need to worry. buy and hold while value still cheap.
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
Best time to buy. Coins on the discount for long-term holdingGet with it, boyo
No way you can get most of them 40% cheaper next week this time, we're slowly getting to the prices that we had last week before the pump started
I guess BTC will be fine since everyone will cash in BTC
Agree. People are cashing out from alts, (and the btc they earn will get cashed out into fiat). The markets are looking extremely toppy and there is bound to be a pullback.
Its like always, nothing can rise all the time, 20% low and then 50% up, thats how alts are these days.
Let them cash out their hard earned money and let's buy alts since most of it are on 50 or more % discount. Then hold it for 3-4 months.
Happy Trading!
Happy Trading!
i thought i've done lost my mind... 
I doesn't look like they are cashing out now because the price of BTc still keeps rising up. The indicators that you need to look for is that when you find some coins that didn't rise during the time when most coins were rising is now starting to gets green, then start to panic and try to buy some of that coin. I sugest you watch ripples because when that blew out, that means they are dumping their btcs.
let them cash out, hopefully we can pick up some scraps 
Yum yum, alts are here to stay and the whales won't change that, for every whale who cashes out there is a new one that buys in.
I think it is too early for this kind of topics. Whales still pushing it up. Who know when this will stop, but today won't. Popularity of all coins rising i think there is much space for further pumps. I never thought BTC can see over 2k but it is possible..
A good whale gos for profits and will not let it pop if it was a bubble.
let them cash out, hopefully we can pick up some scraps
not the best moment to buy 'alt coins' but a great time to buy btc since whales can see that the btc price is going to grow more and therefore cashing out from alt coins, although eth seems strong.
Better be safe than sorry
cash out your spare btc
cash out your spare btc
I think it has more to do with BTC rising in value so hard then altcoins dropping
all coins are expensive but not one which i have invested in -'-
How can this be a bubble if the total marketcap for ALL crypto is still under 100 bil USD?
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
Best time to buy. Coins on the discount for long-term holdingGet with it, boyo
No way you can get most of them 40% cheaper next week this time, we're slowly getting to the prices that we had last week before the pump started
I guess BTC will be fine since everyone will cash in BTC
What your seeing is the sand being packed down for the next level. We are in a straight up growth, bull market that's world wide. Blink and you could miss a 10x rise. New paradigm is happening ...
But btc price goes up again today.....
and eth markets are growing
what to think ?
and eth markets are growing
what to think ?
this is what everyone was warning you about, the dumping phase after the bubbles burst. those who listened are now with their money safe in their pockets and not in bags of worthless altcoin and those who never listen are not anxious about what they can do and they will soon start their topics about ...coin is going to the moon and will come back etc while the price keeps declining and they lose more money.
with that said it is a good time to make money too
but it would be very hard and extremely risky, you can buy in the big dips and sell as soon as a dead cat bounce happens. that can be an easy small profit in a short term.
be careful and good luck...
For this reason you have to hold for long with that said it is a good time to make money too
but it would be very hard and extremely risky, you can buy in the big dips and sell as soon as a dead cat bounce happens. that can be an easy small profit in a short term.
be careful and good luck...
this is what everyone was warning you about, the dumping phase after the bubbles burst. those who listened are now with their money safe in their pockets and not in bags of worthless altcoin and those who never listen are not anxious about what they can do and they will soon start their topics about ...coin is going to the moon and will come back etc while the price keeps declining and they lose more money.
with that said it is a good time to make money too
but it would be very hard and extremely risky, you can buy in the big dips and sell as soon as a dead cat bounce happens. that can be an easy small profit in a short term.
be careful and good luck...
with that said it is a good time to make money too
but it would be very hard and extremely risky, you can buy in the big dips and sell as soon as a dead cat bounce happens. that can be an easy small profit in a short term.
be careful and good luck...
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
You thought this party would last forever?
A few coins will have to leave , forever!
I think altcoins are going to die just as many times as bitcoin has died. What is it 100+ times now? Falls are completely natural I don't get why people freak out at relatively small drops, especially after its gone up 5x as much as its dropped.
Wow, this is going to be a blood bath!
I'm sorry for the people who lost in this and I also regret I haven't jumped at the right time, well this is life what can I add more.
I don't see any difference from the falls last week or the week before, there are always red days after the green ones.
Wow, this is going to be a blood bath!
This is the issue when an exchange such as Poloniex has everything vs btc.
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
Best time to buy. Coins on the discount for long-term holdingGet with it, boyo
No way you can get most of them 40% cheaper next week this time, we're slowly getting to the prices that we had last week before the pump started
I guess BTC will be fine since everyone will cash in BTC
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
Best time to buy. Coins on the discount for long-term holdingGet with it, boyo
just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
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