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Topic: What happened ? - page 3. (Read 6235 times)

sr. member
Activity: 322
Merit: 250
October 12, 2017, 11:02:51 AM
Why does the whole criptomarket fall?  Huh go mass correction.

Because new coin BTG will start and bitcoin price high that effect negative on others prices
There are a lot of reason and the thing you mentioned just a single one. Price of the whole cryptomarket dumped and pumped everyday, it's really normal cause if you are a trader you can see it happen several times in a day cause it's the main way trader earn money Smiley). They buy in low then sell in high. If the price always stable or increase all the time I think nobody will join trading anymore cause there are no ways to earn money in trading if this case will happen.
sr. member
Activity: 490
Merit: 250
October 12, 2017, 09:50:02 AM
i heard some people said, bitcoin price will go to $ 10.000/bitcoin in a few months ahead, and that will make ALT going to priceless
newbie
Activity: 48
Merit: 0
October 12, 2017, 09:16:51 AM
Why does the whole criptomarket fall?  Huh go mass correction.

Because new coin BTG will start and bitcoin price high that effect negative on others prices
hero member
Activity: 742
Merit: 500
October 12, 2017, 08:44:55 AM
Yeah, bitcoin does not fail us when it comes to bouncing back prices. I really think that people should not panic sell when there are upcoming forks and some FUD. If they avoided panic selling I am sure bitcoin price is nearly $6k by the end of the year. Yes I do agree that in this industry patience is tested. Advice is try to be as calm as ever when prices drops. Bitcoin is unbeatable.

Yes, patience is key to a market with volatility. One can't be a successful trader if you don't have a level of patience. All the same, I really don't see bitcoin hitting $6000 at a stretch without having a stop at 5000 mark.

So, is likely going to retrace at that point before further decision bullish or bigger dip.
Bitcoin has already faced many hug falls and recovered.So,old investors would not get panic and they would just remain cool.Bitcoin has suffered huge price falls mainly due to FUD spread in the market rather than other factors.

Big whales have used BU,then hard fork which led to BCH,now china's actions against bitcoin to spread FUD and make newbies panic.Even now,it would not be a surprise if they use this situation of russia banning bitcoin exchanges to spread FUD that bitcoin price is once again going to collapse.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
October 12, 2017, 03:19:08 AM
It's bc Bitcoin is doing hard fork and that there is more forks coming which will benefit the holders . Just be painent
The ones who are holding bitcoins and the real importance of remaining patient in the hard time are actually the ones who are going to make the maximum amount of money due to these forks. Ups and downs are part of every business, so instead of getting panic remain cool and calm. The coming days are going tom ring so many good news for all the investors of bitcoins.
sr. member
Activity: 2366
Merit: 332
October 12, 2017, 01:40:03 AM
Yeah, bitcoin does not fail us when it comes to bouncing back prices. I really think that people should not panic sell when there are upcoming forks and some FUD. If they avoided panic selling I am sure bitcoin price is nearly $6k by the end of the year. Yes I do agree that in this industry patience is tested. Advice is try to be as calm as ever when prices drops. Bitcoin is unbeatable.

Yes, patience is key to a market with volatility. One can't be a successful trader if you don't have a level of patience. All the same, I really don't see bitcoin hitting $6000 at a stretch without having a stop at 5000 mark.

So, is likely going to retrace at that point before further decision bullish or bigger dip.
full member
Activity: 406
Merit: 102
October 11, 2017, 02:37:23 PM
Yeah, bitcoin does not fail us when it comes to bouncing back prices. I really think that people should not panic sell when there are upcoming forks and some FUD. If they avoided panic selling I am sure bitcoin price is nearly $6k by the end of the year. Yes I do agree that in this industry patience is tested. Advice is try to be as calm as ever when prices drops. Bitcoin is unbeatable.
full member
Activity: 518
Merit: 145
October 11, 2017, 08:12:51 AM
The price is recovering now and doing a bullish rally then quickly reach $4000 in no time, now nearing $5000 with it's current price $4800 so dont panic this just how bitcoin usually does. The reason of the price drop last week is because of panic selling by large traders and most of them are newbie investors, they've panic because they've heard that china is banning bitcoin which is they thought that it will destroy bitcoin.
What happened? To the value of bitcoin now was raising up rapidly, it is like a rocket that starting to boost up. I know that on the following days or months bitcoin value was increasing more. So just hold your bitcoin because I'm so sure that bitcoin value was reach the $6000-$7000 before end of this year.

Fork is coming, therefore the surge in price is much expected. I believe we haven't seen anything yet, cause the forked coins (both BCG and 2x) are going to dumped pretty fast, well I am dumping all of mine just like I did BCC, so don't really know about any one else. However, with the huge dump of these forked coins for bitcoin core, I so much believe that will shoot up its price even more than we have it and as you said 6-7k is actually possible.
hero member
Activity: 630
Merit: 500
October 11, 2017, 07:59:01 AM
The price is recovering now and doing a bullish rally then quickly reach $4000 in no time, now nearing $5000 with it's current price $4800 so dont panic this just how bitcoin usually does. The reason of the price drop last week is because of panic selling by large traders and most of them are newbie investors, they've panic because they've heard that china is banning bitcoin which is they thought that it will destroy bitcoin.
What happened? To the value of bitcoin now was raising up rapidly, it is like a rocket that starting to boost up. I know that on the following days or months bitcoin value was increasing more. So just hold your bitcoin because I'm so sure that bitcoin value was reach the $6000-$7000 before end of this year.
sr. member
Activity: 1400
Merit: 269
October 11, 2017, 05:28:52 AM
The price is recovering now and doing a bullish rally then quickly reach $4000 in no time, now nearing $5000 with it's current price $4800 so dont panic this just how bitcoin usually does. The reason of the price drop last week is because of panic selling by large traders and most of them are newbie investors, they've panic because they've heard that china is banning bitcoin which is they thought that it will destroy bitcoin.
full member
Activity: 224
Merit: 100
October 11, 2017, 05:27:53 AM
If they continue to make new coins from bitcoin.

This will have a bad effect on the economy of the crypto in the future. The Chinese wash off capitalization in this way and at the same time manipulate the price.
legendary
Activity: 938
Merit: 1002
October 11, 2017, 02:18:33 AM
China news was a scam ?
Well, it seemed as such. Not 100% scam though since we know China has been looking for a way to not allow the digital currency go against their monetary policies. However, the whales blew it out of proportion with the help of the media so as to use it to make a lot of profit which they have done already and smiling hugely over some people's funds who sold out of panic right now. It is just a crazy world, isn't it?
sr. member
Activity: 719
Merit: 250
October 11, 2017, 12:02:11 AM
It's bc Bitcoin is doing hard fork and that there is more forks coming which will benefit the holders . Just be painent
This is always happening in cryptomarket the price climb up high and suddenly falls down. The usual scenario and I think the most reasons why btc price climb up high because of the preparation of upcoming hard fork so the demand is becoming high. And the altcoin are become red in our blockfolio but it will recover soon.
full member
Activity: 588
Merit: 128
October 10, 2017, 10:21:20 PM
Or after touching $ 5000 triggered a sell order?

Now only few time left to touch $5000, and then mostly people will sure sell their bitcoin, and may be i am one of them. But maybe i will not sell my bitcoins, the reason, if bitcoin will come at $5000 then it mean bitcoin would be have growth more and bitcoin has a power to come cross more than it. But recently i want to buy some property and that the problem i will sell my bitcoins.   

If that's your case sir you should go buy that property as this is also a good diversion of investment. Of course, you still have some pieces of bitcoin in your wallet that can profited when we surpass $5000.
But there's also a reason why people wanna hold their coins now, is it because of the bitcoin gold that they can get in hard fork in October 25 like you can have the equivalent of your bitcoin. It's an aitdrop again so we can expect money again.
full member
Activity: 490
Merit: 106
October 10, 2017, 09:36:00 PM
It's bc Bitcoin is doing hard fork and that there is more forks coming which will benefit the holders . Just be painent
hero member
Activity: 2660
Merit: 551
October 10, 2017, 09:25:54 PM
Or after touching $ 5000 triggered a sell order?

Now only few time left to touch $5000, and then mostly people will sure sell their bitcoin, and may be i am one of them. But maybe i will not sell my bitcoins, the reason, if bitcoin will come at $5000 then it mean bitcoin would be have growth more and bitcoin has a power to come cross more than it. But recently i want to buy some property and that the problem i will sell my bitcoins.   
I also believe that but I think the biggest barrier Bitcoin need to get over at this time is 5k$ so when Bitcoin can do that I think it'll get to 10k$ soon so that why I've decided to not sell my Bitcoin when it reach to 5k$. Beside the hard fork is coming and the amount of BTG we get depend on the amount of Bitcoin we have so it'll be a big lose if we sell Bitcoin at this time.

Yes, $5000 is a big mental barrier to overcome for most traders. We still haven't touch and its looks like we dip as the current price is $4700. We even hardly touch $5000 yet and now, selling has occurred. You can't blame people cashing out today because the price is very high and the profit taking is good. However, those selling today will regret their decision once we get to $5000. They anticipate that it can't be cross, but I believe otherwise. We will just have to wait and see as we get closer to Oct 25 and I'm sure $5000 will be touch and overcome.
full member
Activity: 266
Merit: 190
October 10, 2017, 05:23:49 PM
Why does the whole criptomarket fall?  Huh go mass correction.

not the whole market tho. only the alts btc is hungry Smiley
sr. member
Activity: 612
Merit: 250
October 10, 2017, 01:16:53 PM
One reason I see why price altcoins continue to drop while BTC slowly climb to $4,600 and perhaps we will see $5,000 in the next few days is because of the upcoming hard fork for Bitcoin Gold. Remember the time when Bitcoin Cash was introduced? It looks like it’s happening again in anticipation of the air drop of Bitcoin Gold and what comes after the air drop? Just like what happen to BCC, dumped heavily and look at the price of BCC now it is also suffering from heavy dumping of Alts.

How quickly our market matured from the last split of Aug 1. Speculations, FUD before the split spread like wildfire. And its only a couple of days before everyone realized that a free coin is coming on their wallet. Thus, seeing a magnificent growth of price from $1900-$2900. But with the looming HF this October of November, people are now buying for the anticipated air drop. So I would assume that $5000 can be touch is the next coming days. Unlike the Aug 1 split wherein the price surge took only 24 hours.
The specialties of the market are increasing more and more, people are having a lot of the bitcoin and they are investing in the bitcoin. In the future the people will become the digital people who will depend on the bitcoin for the money to increase for the long time. A lot of the other currencies are being invest in the bitcoin and the importance is also growing with this.
sr. member
Activity: 1162
Merit: 260
October 10, 2017, 12:42:36 PM
Why does the whole criptomarket fall?  Huh go mass correction.

Bitcoin has recovered very well from that fall. But other coins are still falling deep. Does not know what happened to the whole market. Some of the very popular and promising coins are nearly zero. Doge coin only 21 sat , sia at 89 sat.

can I come to the conclusion that the altcoin value was bubbled ?
full member
Activity: 196
Merit: 100
October 10, 2017, 10:20:54 AM
Or after touching $ 5000 triggered a sell order?

Now only few time left to touch $5000, and then mostly people will sure sell their bitcoin, and may be i am one of them. But maybe i will not sell my bitcoins, the reason, if bitcoin will come at $5000 then it mean bitcoin would be have growth more and bitcoin has a power to come cross more than it. But recently i want to buy some property and that the problem i will sell my bitcoins.   
I also believe that but I think the biggest barrier Bitcoin need to get over at this time is 5k$ so when Bitcoin can do that I think it'll get to 10k$ soon so that why I've decided to not sell my Bitcoin when it reach to 5k$. Beside the hard fork is coming and the amount of BTG we get depend on the amount of Bitcoin we have so it'll be a big lose if we sell Bitcoin at this time.
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