What is happening ? - page 2. | Bitcointalksearch.org

Twinkledoe

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Quote from: imstillthebest on March 14, 2020, 10:26:13 AM

Quote from: Bezobraznike on March 14, 2020, 01:37:42 AM

Quote from: YOSHIE on March 14, 2020, 01:13:55 AM

Quote from: AlexSimion on March 12, 2020, 06:32:36 AM

So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h , what is going on ? Shocked

Actually, you are happy with the current price of Bitcoin, you can buy it and invest at a cheap price like this, the phenomenon of crypto going up and down is one thing that is commonplace and there is no need to panic.

Yes, corona if it is linked to the main factor but it is not one hundred percent true there are other factors that we don't know affect crypto prices on the market today, you need to think about buying and storing crypto assets 1 and 2 years will come and see the results, you will be surprised when you see it.

Yoshie buying now at this low prices is one positive thing we can do in this stressful times. Corona is everywhere, on TV, internet,
and looks like Corona is to blame for everything bad that is happening. Personally I think something deeper is going on here, but time
will tell what really happened.
I agree with you that people who invest now should think about holding assets for years before they sell for profit. We can't predict
when we will see the end of this, but it can last for months, and recovery from this can last for years.

agreed on what the user you quoted said . this isn't totally corona that cause the value to plunge but corona is everywhere as you said so people only use that reason or blame it . what is happening now ? the price just crash , that's it . crashing is not new on this space so we guys shouldn't act like we are shocked . this isn't the end of the crypto phenomenon but this is another new beginning for us to accumulate . I remember on the past many wishes that if they can only turn back the time where cryptos were cheap so now here it is . I wonder where are those people now ?

That's right. There are crypto users that were wishing that they should have bought bitcoin when the price was low, and here we are, I consider this price low. Because I am positive in the next coming months or years, bitcoin will increase its value again. Bitcoin has been tested so many times, and yet, it rises up before you know it. The current virus crisis may be a big factor on this, but I don't think it is the sole reason for this market performance. Who knows, the whales are capitalizing this situation for their own profit? So be smart with your portfolio.

imstillthebest

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Quote from: Bezobraznike on March 14, 2020, 01:37:42 AM

Quote from: YOSHIE on March 14, 2020, 01:13:55 AM

Quote from: AlexSimion on March 12, 2020, 06:32:36 AM

So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h , what is going on ? Shocked

Actually, you are happy with the current price of Bitcoin, you can buy it and invest at a cheap price like this, the phenomenon of crypto going up and down is one thing that is commonplace and there is no need to panic.

Yes, corona if it is linked to the main factor but it is not one hundred percent true there are other factors that we don't know affect crypto prices on the market today, you need to think about buying and storing crypto assets 1 and 2 years will come and see the results, you will be surprised when you see it.

Yoshie buying now at this low prices is one positive thing we can do in this stressful times. Corona is everywhere, on TV, internet,
and looks like Corona is to blame for everything bad that is happening. Personally I think something deeper is going on here, but time
will tell what really happened.
I agree with you that people who invest now should think about holding assets for years before they sell for profit. We can't predict
when we will see the end of this, but it can last for months, and recovery from this can last for years.

agreed on what the user you quoted said . this isn't totally corona that cause the value to plunge but corona is everywhere as you said so people only use that reason or blame it . what is happening now ? the price just crash , that's it . crashing is not new on this space so we guys shouldn't act like we are shocked . this isn't the end of the crypto phenomenon but this is another new beginning for us to accumulate . I remember on the past many wishes that if they can only turn back the time where cryptos were cheap so now here it is . I wonder where are those people now ?

Bezobraznike

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Activity: 1274

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Quote from: YOSHIE on March 14, 2020, 01:13:55 AM

Quote from: AlexSimion on March 12, 2020, 06:32:36 AM

So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h , what is going on ? Shocked

Actually, you are happy with the current price of Bitcoin, you can buy it and invest at a cheap price like this, the phenomenon of crypto going up and down is one thing that is commonplace and there is no need to panic.

Yes, corona if it is linked to the main factor but it is not one hundred percent true there are other factors that we don't know affect crypto prices on the market today, you need to think about buying and storing crypto assets 1 and 2 years will come and see the results, you will be surprised when you see it.

Yoshie buying now at this low prices is one positive thing we can do in this stressful times. Corona is everywhere, on TV, internet,
and looks like Corona is to blame for everything bad that is happening. Personally I think something deeper is going on here, but time
will tell what really happened.
I agree with you that people who invest now should think about holding assets for years before they sell for profit. We can't predict
when we will see the end of this, but it can last for months, and recovery from this can last for years.

YOSHIE

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Quote from: AlexSimion on March 12, 2020, 06:32:36 AM

So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h , what is going on ? Shocked

Actually, you are happy with the current price of Bitcoin, you can buy it and invest at a cheap price like this, the phenomenon of crypto going up and down is one thing that is commonplace and there is no need to panic.

Yes, corona if it is linked to the main factor but it is not one hundred percent true there are other factors that we don't know affect crypto prices on the market today, you need to think about buying and storing crypto assets 1 and 2 years will come and see the results, you will be surprised when you see it.

KrisAlex18

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Quote from: AlexSimion on March 12, 2020, 06:32:36 AM

So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h , what is going on ? Shocked

I really though that bitcoin will only reach for about 6200 USD but I was shocked when it reaches 3900 Dollars that is the lowest price of the bitcoin so far as of this year. I don't know why this thing happens, but I conclude that COVID-19 is one of the factor that makes the bitcoin reaches the 3900 USD. There are so many people who get infected by the virus and it is really possible that some of the investors and traders may be infected by the virus so by that thing it affects the price of the bitcoin.

Quote from: btcltcdigger on March 12, 2020, 12:00:55 PM

2 weeks ago:
- man, i wish bitcoin price was lower so i could buy more

today, same person:
- everything is crashing, sell sell sell, save what you can, f**k bitcoin, fiat <3

But actually, we can use the things that is happening with the bitcoin right now, we can buy bitcoins in a lower price and we can invest our money now because for sure you will earn so much money if the bitcoin turns back into 10,000 USD.

STT

legendary

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So far the reaction is bullish with recovery above the 200 week average like this, its quite a good signature for the week so long as we end up above 5600. Really I want to see how it challenges the 2 day average which is 6000 or so.

Heres the weekly bars I'm referring to with blue the roughly year average and obviously we have the 50 and 200 way above roughly in the same place. For now all that especially matters is that buying under the 200 week average though it went so far below and got a few people scared it also rose alot.
Negatives to the action would be volume I've observed in the recovery was so far less then the initial selling which means I think we revist this test of support and must repeat at least something of the negatives. However its a developing story with alot of positives to look for still, dark as it might appear. Consider the context as well with never before seen shutdowns.

hirngespenst

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This is the historic dumping! After so many days, the Bitcoin price is showing this highly volatile nature. I am afraid that this will impact negatively on Bitcoin's reputation. Though every stock markets are facing a huge decline, but Bitcoin seems too volatile among all of them. Therefore it can be a manipulation by the whales as the halving date is knocking the door. So, Don't lose hope or don't get panic in this rough time, just stick with your Bitcoin, everything will be fine after 10-12 weeks!

mahilchii

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The market has collapsed very badly and the entire crypto forum has really worried after this dump, However it's time for the whales who would have already started to fill the bags Grin

Worry isn't a solution for this so let's wait patiently and hold our assets until the market recovers.

boltz

legendary

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Who knows ? I mean I never saw this swings on Bitcoin price ever...last night was crazy , I mean Bitcoin went down 2k and recover 1.5 in a matter of hours which is not good at all to have this swings in prices as people gets panic and start to buy and sell whenever they have the feeling that this is going down even more or its going up again to 10k$.

For now, I stay away from cryptocurrencies and we have like 12-18 months to make a new wave of investments so I'm not in a hurry.

ballerin and giroud

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Quote from: AlexSimion on March 12, 2020, 06:32:36 AM

So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h , what is going on ? Shocked

I will say also it is just covid-19, this virus has given a lot of fear for human being. And finally it was affected slowing down the economic activition, you can see the chinese's country where the virus come from. Most human activity was very limited specially in the wuhan, maybe you will not see the human life there. Automatically this situation will bring to the economic recession, as we know when the recession comes the people will choose the right place to store their money to avoid they lose their asset. We can see now, bitcoin price has decreased, oil price and many more.

michellee

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Right now, bitcoin price slowly trying to increase back after a few hours ago, the price is at a lower price. We hope that soon bitcoin price will break every higher price and back to the current price. Although it is difficult, if many people can manage their emotions and not panic to see the price, the price will be back soon.

Farma

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Quote from: Natalim on March 13, 2020, 03:30:29 AM

There is no other reason but the panic due to the NCOV-19, are you worried? please don't because this will stop and everything will be back to normal.
It seems like the price now is quite stable at $5000 already, bitcoin bounces back and this is already a good sign.

Lucky are those who accumulated bitcoin when it dump below $5000.

so far I also still hold the assets that I have. however, this decline is sudden and there is no time to sell our assets, even more so in a panic. however, staying calm is something that needs to be done. I might want to see price developments 2 to 3 days after this, whether prices will recover or not.
I started to think that we started a pretty low price after halving.

Natalim

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There is no other reason but the panic due to the NCOV-19, are you worried? please don't because this will stop and everything will be back to normal.
It seems like the price now is quite stable at $5000 already, bitcoin bounces back and this is already a good sign.

Lucky are those who accumulated bitcoin when it dump below $5000.

jhonjhon

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This is what we call reality, bitcoin isn’t always rainbows and butterflies as many people would think. Bitcoin can do wonders and give surprises but it can also be stressful if you aren’t 100% mentally prepared of the risk. In any investment there is always risk and as for bitcoin, it’s volatility. Bitcoin is very unpredictable and we don’t know what would be the price next let’s just hope it’ll be green this time.

inanilujimi

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that happened so briefly people panicked selling, either bitcoin or other top altcoin lost value.
To be honest, this is unexpected to many people.
for sure don't let anyone go crazy or commit suicide because of this kind of thing. Angry

tabas

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I was sleeping when everything happened. As per CMC, through percentage it is negative 32%.
We don't know what exactly is happening but this is a domino effect of the pandemic that we are facing. $4,100 is the bottom and we can't just be sure about it.

Pseudo-Random

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What happens is Crypto is Internet Tech.

It has become Wall St, and will rise & fall according to what the stock markets do.

Ever since ETF's, hedge funds & "institutional investor entities" got in a few years ago, that was it. It was no longer able to be something that goes up when the traditional finance markets go down.

Peter Schiff & Andreas Antonopoulos are correct. Bitcoin is a risk-on asset, for a long while now.

In fact even gold/silver struggle to really be risk-off, "honey badger" -type assets. Too much all-infiltrating financialization by Wall St.

Weapons, ammo, tools, vehicles, land, food, water, seeds, humans, animals, skills.

^Those are the true risk-off assets.

Arcas

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I think bitcoin and altcoin price dump more than 30% because corona virus effect, many countries have stop their people traveling around to the world because many countries get corona effect, I think why make bitcoin dump right now.

mrquackquack

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I'm sure some people don't find it to be very comical especially on the Stock Market side of things, The Dow Jones has dropped around 9,000 points in the matter of a month. Can you imagine how many people have been ruined so far by these massive drops? Its even worse because it might discourage future investors in investing because of such instability.

mrquackquack

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I think I feel compelled to raise the price of my BTCE Tokens to 5,000 USD or equivalent in crypto per coin.

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