Topic: What is happening to Bitcoin? - page 2. (Read 424 times)
There may be some big news that we miss that could affect the Bitcoin market today. I think this is a normal market fluctuation where prices will decline when people sell their coins so there is a lot of coins in the market.
The current situation does make us often frightened and frantic, the bear's game seems thrilling. Think positively to keep holding and waiting for a good chance to be taken.
Monitoring the market situation does have to be done in order to get that good opportunity.
Monitoring the market situation does have to be done in order to get that good opportunity.
Market price movements are now made into chaos so that those who hold bitcoin are panicking there are those who use this opportunity by investing there are also some people or investors trying to sell assets they have because they fear that bitcoin will fall more than $ 6500 if we believe in bitcoin then we already know the risk we take is like a price that is not so stable.
Changing around 5% within an hour or two is nothing out of the ordinary when it comes to cryptocurrencies, volatility is pretty much part of the package and should be expected. When you start seeing significant drops very quickly (over 15% or so), then you might want to ask questions about wtf is happening.
It was a bit out of ordinary because shorts went sky high around the time bitcoin fell below 6218 area. Of course traders who shorted waited for this area. What is interesting though, what pushed the price back up? Because shorts were pushed away after the incident?
Totally normal for Bitcoin's price to have a $300-400 swing in a day. That's volatility for you. More than that, you can use the erratic price movements to your advantage and make a few hundred in a matter of hours.
Nothing, it just a normal market cycle. Those kinds of volatility are normal in the cryptocurrencies space. I don't think there is something to worry about. It just probably means bitcoin hold those support position, nothing else.
Exactly mate, market volatility is particularly transpire on crypto world. We must be aware in this scenario that may contour our emotions on evading panic selling. All we have to do is to hold our coins even it take more long years and the assurances for us on holding is the great maddive profits. And I will assure who trust bitcoin progression is that bitcoin will always stand as king of all currencies and strongly stand its position. 
Changing around 5% within an hour or two is nothing out of the ordinary when it comes to cryptocurrencies, volatility is pretty much part of the package and should be expected. When you start seeing significant drops very quickly (over 15% or so), then you might want to ask questions about wtf is happening.
Nothing, it just a normal market cycle. Those kinds of volatility are normal in the cryptocurrencies space. I don't think there is something to worry about. It just probably means bitcoin hold those support position, nothing else.
Today we have saw 2 type Bitcoin movements! Firstly Bitcoin price has fallen with quickly to 6100$. And then everything is changed and jump to 6500$ with speed. What is going on with BTC?
I think it's normal in the decline and a little is happening right now, because it's still in the process of manipulating the big whales, so don't worry about price changes like that, just keep holding it, and follow the market's flow, there will be an increase strong
Imagine that the value of something depends on the mayority owner of that thing, the wealthness of BTC is concentrated in few owners...its hard to tell and hard to know why BTC its so unpredictable
In my views, btc has been steady at this level (6.2k-6.5k) and most likely it's correction may still be extended for several weeks from now. I believe that sooner or later, btc will make a rally within the year surpassing the existing market value. Moreover, people should hold still and wait btc to spike up again where I think it's worth for the wait.
Nothing unusual or a mystery. What can we expect if it came from the bottom? it will increase normally and fluctuations are essentials for bitcoin so if you're surprised with this movement then you'll be more surprised if the market jumps high again.
This is as a result of fluctuations in the market which are normal... Hopefully it will change for the best
It won't change, fluctuations will have its normal state. What we need is this should keep going positively.
This is as a result of fluctuations in the market which are normal... Hopefully it will change for the best
Probably price manipulation on Bitfinex again
This guy gets it. Blatant manipulation in the prices is all we've experiencing over the past few weeks. It seems like today there was a big battle and bulls came out as the winners as the price quickly went about $300 and it's currently sitting at 6450 at the moment of this post.I wouldn't be so worried about such swings in the price, as long we don't go below the support levels, we should be fine before the next pump (it may or may not occur) before the hype for the Bitcoin ETF starts towards the end of the month. All in all, such movements happen almost on a daily basis, nothing new to discuss.
Today we have saw 2 type Bitcoin movements! Firstly Bitcoin price has fallen with quickly to 6100$. And then everything is changed and jump to 6500$ with speed. What is going on with BTC?
This ain't a big change. Calm down! Its just a price rise by 400$ which is pretty common and people should be knowing that by now. What else does the term "volatility" mean then?The change probably is due to some movements from one cryptocoin market to another, or a minimalistic dump.
nothing happened to him. it's normal that the crypto currency falls and rises
You are right the bitcoin price changing everyday so fast. But if you take closer look the Bitcoin stayed strong in this summer holiday while all the altcoins loose. So if you believe in cryptocurrency you have to trust in Bitcoin. But remember every business has their own risks and cryptocurrency too..
These are just minor market reactions to trading. I say minor because there
have been bigger movements as we all know.
Its strange for the OP to ask this question, a quick view of the bitcoin charts
would reveal all sorts of movements.
have been bigger movements as we all know.
Its strange for the OP to ask this question, a quick view of the bitcoin charts
would reveal all sorts of movements.
Well the price looked like it was going to fall to 5K so someone(or more likely a group) decided to manipulate the market to make it look like the price might be going the other way.
Mid term you'd have to bet on it going down.
Short term you might as will toss a coin.
Very long term put your money in tulips
Mid term you'd have to bet on it going down.
Short term you might as will toss a coin.
Very long term put your money in tulips
$300 - $400 is about a 4% growth in the value of bitcoin. And such fluctuations are normal in cryptocurrency.
We have seen sharper drops and rises in lesser time.
Bitcoin as a currency is less subsceptible to manipulations. Unlike some lower coins with little volume.
We have seen sharper drops and rises in lesser time.
Bitcoin as a currency is less subsceptible to manipulations. Unlike some lower coins with little volume.
Jump to: