Topic: What is happening ? - page 3. (Read 592 times)
it's called "halving"
From today Italy is total quarantine, except drug stores and food stores nothing else will work! Can you imagine that everything will stop!? It's same in other countries, people with business are in panic, everything is being canceled, many don't earn these days, they are just loosing, you need to pay bills!
Everything is dropping these days, and people in panic sell what they have, that affect crypto too. This will pass, like everything else, always have in mind that in these times some people lose a lot, while some others are stashing and accumulating, because this is just one big game that we see from time in time. I think we in crypto have experience in that more than other people, so for us this huge crash is just a good buying opportunity, nothing more.
Everything is dropping these days, and people in panic sell what they have, that affect crypto too. This will pass, like everything else, always have in mind that in these times some people lose a lot, while some others are stashing and accumulating, because this is just one big game that we see from time in time. I think we in crypto have experience in that more than other people, so for us this huge crash is just a good buying opportunity, nothing more.
You don't have to expert to understand what's going on now. And mainly we should blame Corona virus for it mainly. Just look what's going on in stock markets right now. Offcourse it also affect crypto markets. If things are going to developp in current way, I'm afraid that we are going to end in huge financial crisis, maybe even bigger than in 2008.
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
Well, unfortunately fiat also doesn't looks good, seing what happened in stock markets today... - 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
Donald Trump has paniced the entire world over corona-v
The Dow Jones is set to drop over 1000 points.
My personal opinion is China lied about corona-v numbers and Italy is telling the truth.
This disease is an ass kicker.
https://coronavirus-map.com/
Italy is 827 dead out of 12,462
Stock markets are crashing and burning
The Dow Jones is set to drop over 1000 points.
My personal opinion is China lied about corona-v numbers and Italy is telling the truth.
This disease is an ass kicker.
https://coronavirus-map.com/
Italy is 827 dead out of 12,462
Stock markets are crashing and burning
I knew if Trump started to talk about the virus the things would be worst. Yes, the stock markets are crashing but it's a very good opportunity to buy currently. Buy low>sell high, the period is perfect, it's like Black Friday. The Paris Stock Exchange has the biggest fall in its history today
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
Lol exactly , I wish I had more fiat to buy the crypto right now but none the less I will buy how-much-ever I can.- 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
Well should the logical reaction not be that assets like gold and bitcoin go up?
It should , in fact here Gold prices have gone up compared to last month . The bitcoin isn't going up because of panic sellers who doesn't know that this is an opportunity to buy and they should just be calm at this moment . Anyway cheaper crypto for us. 
Volatility. Volatility happened. It only takes one good look at bitcoin's price chart to realize how volatile it is throughout the years.
Well should the logical reaction not be that assets like gold and bitcoin go up?
Markets in general are frequently irrational. 
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
- 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
Honestly, there is so much going on in the market that, I think every little tweak leads to market price change 
Like for instance, the stock market has dropped by a significant amount, and while this should not cause any crypto market changes, it may have some effect.
In addition, the volatility between stable coins like USDT and the non-stable coins is also huge and every time one shifts in one direction, the other moves in the opposite direction - a negative inverse relationship
Like for instance, the stock market has dropped by a significant amount, and while this should not cause any crypto market changes, it may have some effect.
In addition, the volatility between stable coins like USDT and the non-stable coins is also huge and every time one shifts in one direction, the other moves in the opposite direction - a negative inverse relationship
Crazy, isn't it?
I would point out that it isn't just bitcoin that's getting pounded--other asset classes are as well, and I think there's a big fear that the global economy is going to be feeling a lot of pain as a result of all the precautions that are being taken to prevent the spread of coronavirus. As I've said before, I think everyone is seriously overreacting but what I think won't change a damn thing.
When there's a lot of fear, people stop investing their money in risky assets and/or pull their money out and start holding cash--and this is one of those times. I don't know when this fear is going to blow over, but we could be in for more of a drop than we've already seen. I sure as hell didn't think bitcoin would drop below $7k this year, and yet it has. Anyway, that's what I think is happening. I haven't heard any better explanations thus far.
I would point out that it isn't just bitcoin that's getting pounded--other asset classes are as well, and I think there's a big fear that the global economy is going to be feeling a lot of pain as a result of all the precautions that are being taken to prevent the spread of coronavirus. As I've said before, I think everyone is seriously overreacting but what I think won't change a damn thing.
When there's a lot of fear, people stop investing their money in risky assets and/or pull their money out and start holding cash--and this is one of those times. I don't know when this fear is going to blow over, but we could be in for more of a drop than we've already seen. I sure as hell didn't think bitcoin would drop below $7k this year, and yet it has. Anyway, that's what I think is happening. I haven't heard any better explanations thus far.
Yeah , crazy that we don't have a nice fiat amount to buy into it now
. it would be some very easy profits to buy now and sell in a few days.
Well should the logical reaction not be that assets like gold and bitcoin go up?
Donald Trump has paniced the entire world over corona-v
The Dow Jones is set to drop over 1000 points.
My personal opinion is China lied about corona-v numbers and Italy is telling the truth.
This disease is an ass kicker.
https://coronavirus-map.com/
Italy is 827 dead out of 12,462
Stock markets are crashing and burning
The Dow Jones is set to drop over 1000 points.
My personal opinion is China lied about corona-v numbers and Italy is telling the truth.
This disease is an ass kicker.
https://coronavirus-map.com/
Italy is 827 dead out of 12,462
Stock markets are crashing and burning
Crazy, isn't it?
I would point out that it isn't just bitcoin that's getting pounded--other asset classes are as well, and I think there's a big fear that the global economy is going to be feeling a lot of pain as a result of all the precautions that are being taken to prevent the spread of coronavirus. As I've said before, I think everyone is seriously overreacting but what I think won't change a damn thing.
When there's a lot of fear, people stop investing their money in risky assets and/or pull their money out and start holding cash--and this is one of those times. I don't know when this fear is going to blow over, but we could be in for more of a drop than we've already seen. I sure as hell didn't think bitcoin would drop below $7k this year, and yet it has. Anyway, that's what I think is happening. I haven't heard any better explanations thus far.
I would point out that it isn't just bitcoin that's getting pounded--other asset classes are as well, and I think there's a big fear that the global economy is going to be feeling a lot of pain as a result of all the precautions that are being taken to prevent the spread of coronavirus. As I've said before, I think everyone is seriously overreacting but what I think won't change a damn thing.
When there's a lot of fear, people stop investing their money in risky assets and/or pull their money out and start holding cash--and this is one of those times. I don't know when this fear is going to blow over, but we could be in for more of a drop than we've already seen. I sure as hell didn't think bitcoin would drop below $7k this year, and yet it has. Anyway, that's what I think is happening. I haven't heard any better explanations thus far.
So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h , what is going on ?
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