What do you think about this? | Bitcointalksearch.org

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: wxa7115 on March 21, 2018, 06:56:20 PM

The media is influential but I have noticed that lately more and more people are ignoring it

People ignore bad or fud news when the price is no longer going down badly. It can't be seen as coincidence anymore that fud pops up either at the moment a correction is taking place, or about to take place. It's perfectly timed to 'damage' the market as much as possible because of how easy to manipulate people are when the price is going down. Fud has the most effect if it happens before a correction. If the market indeed happens to go down after fud has being pumped through the market, it will serve as a 'confirming' factor that it is true, and at that point the manipulators know they won the mind game. It's a game that's being played here at the end of the day....

wxa7115

hero member

Activity: 2702

Merit: 704

Quote from: Aikidoka on March 09, 2018, 06:52:56 PM

There are many factors that are the reasons of these kind of drops starting from the manipulation of Media. The latter plays a big role influencing investors or the public's opinions. If they want bitcoin to fall, they can achieve it easily by posting articles that talk about the bad effects of bitcoin, they also can resort to famous people or experts so they can talk shit about it.

Added to that statement, many governments banned mining bitcoin or the exchange. And that has a big impact on the price as it automatically drops. However, the good thing is that bitcoin always regain power because its has many supporters.

The media is influential but I have noticed that lately more and more people are ignoring it, the reason the price goes down has to do a lot more with practical reasons, the price went down because of the huge amount of coins being sold in the open market and then the threat to do it in the future as well, this has lowered the price and now that has ended the price is slowly recovering, some people think that this is because of the G20 statements about not banning bitcoin but I really think that this is just because things are going back to normal without the Mt Gox person selling thousands of bitcoins.

ahmadakbari

full member

Activity: 602

Merit: 116

Quote from: Fafabol on March 21, 2018, 02:13:49 AM

Quote from: khaled0111 on March 20, 2018, 10:44:09 AM

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.

I think the G20 will help bitcoin to recover as they see cryptos as an asset rather than a currency and with this the alts and bitcoin is in green again and recovering somehow.

Hope more good news will come by now.

Yes, but we should wait untill July and see how they the G20 and the regulations will affect the market. Many people are still hesitant to invest in cryptocurrencies.
You are right about the current effect of G20. Seems that the price is recovering. But there isn't a long time until July. So getting closer to July, some people will panic and bitcoin price can fall.

atjiat

full member

Activity: 1204

Merit: 104

Quote from: Duogembrot on March 20, 2018, 11:20:47 PM

Quote from: investorss on March 08, 2018, 12:12:55 PM

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

I think this is still normal because the price of rising and falling bitcoin very quickly do not be afraid when the price drops to more than $ 1000 because it is definitely the price will go back up very quickly.

all those huge prices for Bitcoin are just soap bubbles, but no one said a specific price for Bitcoin, the figures that would have been fully justified.

Fafabol

member

Activity: 267

Merit: 11

Quote from: khaled0111 on March 20, 2018, 10:44:09 AM

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.

I think the G20 will help bitcoin to recover as they see cryptos as an asset rather than a currency and with this the alts and bitcoin is in green again and recovering somehow.

Hope more good news will come by now.

batang_bitcoin

hero member

Activity: 2968

Merit: 600

Eloncoin.org - Mars, here we come!

Quote from: Duogembrot on March 20, 2018, 11:20:47 PM

I think this is still normal because the price of rising and falling bitcoin very quickly do not be afraid when the price drops to more than $ 1000 because it is definitely the price will go back up very quickly.

Dips, corrections are normal and when bitcoin starts to move quickly and reaching it's new ATH everyone isn't complaining. But when bitcoin starts to show us some bad price then everyone is keep on complaining and asking thoughts of other while on this situation. Guys, you should not worry if bitcoin goes up or down. Before getting to the market you must understand on how volatile bitcoin is so that you will not be surprised if it pumps or suddenly it dumps.

Duogembrot

full member

Activity: 476

Merit: 100

Quote from: investorss on March 08, 2018, 12:12:55 PM

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

I think this is still normal because the price of rising and falling bitcoin very quickly do not be afraid when the price drops to more than $ 1000 because it is definitely the price will go back up very quickly.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: doycku on March 20, 2018, 03:20:49 PM

Quote from: khaled0111 on March 20, 2018, 10:44:09 AM

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.

Generally speaking, at the summit of the Big Twenty global questions about the dangers of peace are being solved. Do you really think that a crypto currency is such a danger?

Cryptocurrencies are really a risk for governments we cannot deny that, you must remember that governments are control freaks they want to have control of everything and they never feel secure until they do and cryptocurrencies are one of those things that it was designed specifically to counter this, so they are never going to feel 100% secure about cryptocurrencies.

doycku

full member

Activity: 560

Merit: 100

Quote from: khaled0111 on March 20, 2018, 10:44:09 AM

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.

Generally speaking, at the summit of the Big Twenty global questions about the dangers of peace are being solved. Do you really think that a crypto currency is such a danger?

khaled0111

legendary

Activity: 2520

Merit: 2853

Top Crypto Casino

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.

Bitmore1

jr. member

Activity: 57

Merit: 4

Newbies come and newbies go,

And Newbies fear the FUD you know,

But I'm HODL through thick and thin,

Fear not the FUD and play to win Grin

nitammys

jr. member

Activity: 57

Merit: 2

Quote from: Meraki on March 08, 2018, 12:32:15 PM

Reason is that FUD are still here, so much fake information that lurking around the net thus it makes people panic that result in dumping their coins. If all the FUDs will get cleared after 2018 we can expect a healthier and Good market, but i think it will hard to happen.

FUD is always a very big factor of any market but since cryptocurrency is new, then we absolutely should have expected that there is going to be a lot of it for the fact that it is disrupting a lot of things and stepping on toes, and also for the fact that there would always be weak hands in markets like this. It is a market and we just have to understand that it is normal to see downtrends once in a while.

el kaka22

legendary

Activity: 3500

Merit: 1162

www.Crypto.Games: Multiple coins, multiple games

Quote from: expless on March 16, 2018, 06:30:57 AM

Quote from: Meraki on March 08, 2018, 12:32:15 PM

Reason is that FUD are still here, so much fake information that lurking around the net thus it makes people panic that result in dumping their coins. If all the FUDs will get cleared after 2018 we can expect a healthier and Good market, but i think it will hard to happen.

People will always panic for no reason anyway and you would not blame them, most especially, let's face the fact that traders are more like the market makers and if a huge dump is going on in the market, you would not expect them to keep looking and not take advantage of that. So far, bitcoin has been down for so many reasons that is going on but the major one coming from Kobayashi and if you Google that name, it would ring a lot of dumping bells on the internet.

Good point to be noted. But where I always get to have a problem is when they are panicking for no reason like you have mentioned. Kobayashi does not actually care what happens to the market and everything with MtGox generally has never come with positivity, but at the same time, he has decided to dump and since we already know, I expect people should use the opportunity to allow him and if he decides to use his stupidity to drive the market down to give us a good price, then we are fine buying it.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: BTCappu on March 14, 2018, 04:29:23 AM

Quote from: investorss on March 08, 2018, 12:12:55 PM

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

The news flying around presently now is the MtGox trustee dump on the market. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/ It is crazy how he would try to make such an infuriating attempt on bitcoin and it is good he got noticed beforehand after selling a whole lot already and much more to sell. So far, he has sold bitcoin worth about $400 million and still more in billions to sell. That dude is cruel!

Cruel indeed but I would not really bother about him for now anymore. If he really wants to dump, he can be my guest right now and in fact, some of us really need to get what he is holding at a very good price, so he is free to sell them to us.

The main factor in the market is that if supply is more than demand, there would always be a drop in the price, and for him since he has decided to do his thing on an exchange where prices affects generally, then his supply is more than the demand from those exchanges which is causing a lot of this.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: shursight on March 16, 2018, 05:43:06 PM

Quote from: investorss on March 08, 2018, 12:12:55 PM

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

This is normal, if you were not expecting this after that bitcoin came from $6000 to more than $19,990 in just a few days, then the best thing that you need to do is uninstall your browser.

Came on, this is not normal! In which world were you expecting to see huge rises in just a few months?

Because most of them really thinks that bitcoin will continue it meteoric rise but quickly frustrated when it all crushing down on them. I agree that its so frustrating to see the price going below 5 figures, but we need to understand that there are only 2 ways: GO UP and GO DOWN.

And its really up to you, on how to react on those circumstances, if you panic and want to get out because the price is going down so SELL.

But in the likelihood that you want to hold because you know that bitcoin is resilient and will increase specially at the end of the year then HOLD.

There is no secret. And it a matter of choice. Choose what's best for you.

shursight

hero member

Activity: 728

Merit: 500

Quote from: investorss on March 08, 2018, 12:12:55 PM

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

This is normal, if you were not expecting this after that bitcoin came from $6000 to more than $19,990 in just a few days, then the best thing that you need to do is uninstall your browser.

Came on, this is not normal! In which world were you expecting to see huge rises in just a few months?

XCANA

full member

Activity: 1456

Merit: 148

There are so many factors that are responsible for the recent market fluctuations of Bitcoin and other altcoins value of which some of my mate here have mentioned above and i want to add that WALE taken profit or selling off was one of the major factor in addition with panic sell and FUD.

BartS

sr. member

Activity: 980

Merit: 255

Quote from: expless on March 16, 2018, 06:30:57 AM

People will always panic for no reason anyway and you would not blame them, most especially, let's face the fact that traders are more like the market makers and if a huge dump is going on in the market, you would not expect them to keep looking and not take advantage of that. So far, bitcoin has been down for so many reasons that is going on but the major one coming from Kobayashi and if you Google that name, it would ring a lot of dumping bells on the internet.

It is true that persons panic but it is not for no reason whatsoever most of the time they have a reason behind their behavior and that is because the wild movements that we see in the market and when you combine that with inexperience then you have a recipe for disaster, those investors that put their money in the market without really understanding the risks are the ones that are more likely to panic and to take bad decisions under pressure those a of us that understand very well what we are doing have a lower risk of doing that.

d1ceplayer

sr. member

Activity: 686

Merit: 277

Quote from: CryptoFanholic on March 08, 2018, 12:44:35 PM

Quote from: Sahyadri on March 08, 2018, 12:42:36 PM

Quote from: investorss on March 08, 2018, 12:12:55 PM

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

Nobuaki Kobayashi, a Bitcoin whale, tweeted that he sold almost $400 million worth of Bitcoins in last 6 months. Added to that, the automatic trading APIs on Binance were manipulated which resulted in selling of altcoins from people's accounts and bots automatically bought VIA coin. This resulted in the rumor of Binance hack which in turn brought the negative sentiment and hence a FUD. Since, it was all rumor and charts were showing bullish signs, Bitcoin will recover back.

yeah i too followed these issues .. wish bitcoin rises rapidly

It will, because little issue like this cannot cause a problem for bitcoin. I guess traders are already angry with this guy for dumping on the market, and since that is the path he has chosen to take, we just have to wait until he completes whatever he wants to do if he does not end up going the auction way. It is insane though to have done something like this and at the mention of that MtGox name, there has always been a problem.

guoyu78

hero member

Activity: 1190

Merit: 541

Quote from: Sahyadri on March 08, 2018, 12:42:36 PM

Quote from: investorss on March 08, 2018, 12:12:55 PM

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

Nobuaki Kobayashi, a Bitcoin whale, tweeted that he sold almost $400 million worth of Bitcoins in last 6 months. Added to that, the automatic trading APIs on Binance were manipulated which resulted in selling of altcoins from people's accounts and bots automatically bought VIA coin. This resulted in the rumor of Binance hack which in turn brought the negative sentiment and hence a FUD. Since, it was all rumor and charts were showing bullish signs, Bitcoin will recover back.

I would not consider him a whale, as he is just a stupid attorney and trustee for MTGox that would rather not do what is right and probably prefer to dump on the market. The market is holding up strong anyway and I see no reason to panic, he can keep dumping it and we are looking forward to collecting more. If he decided not to auction and he really was so happy tweeting the rubbish he did online, then I really wonder what planet he must have come from.

Topic: What do you think about this? (Read 436 times)