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Topic: What's causing the dump ? - page 2. (Read 269 times)

full member
Activity: 1330
Merit: 147
March 28, 2018, 01:11:59 AM
#10
Yeah that's right maybe google,facebook and twitter is one of them who involve the price fall. I don't know exactly about FUD who involve the price continue fall. And I think this market will continue to fall because google will ban cryptocurrency related advertising in june. With the result that some investor will take a safe way to sell bitcoin they have, and will buy back after june. If you look at the early on this years so many much bad information came, mayeb they will examine to people who have investment or someone who believe cryptocurrency is the future of payment.
full member
Activity: 476
Merit: 100
March 27, 2018, 11:19:42 PM
#9
What is causing the dump in the value of bitcoin as well as other altcoins ? Is it because of threats and banning from some countries or is it because Facebook has banned the crypto ads and there are rumours that you will and Google will follow the same which might create fear amongst the users ?

I think bitcoin prices collapsed because of bad news from bitcoin and a lot of panicky and frugal people are panicky new players and prices are getting tumbled down, they panic to sell instant selling loss in my opinion it is a careless act.
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
March 27, 2018, 11:12:07 PM
#8

Dumps usually happens when there are big bad news. Also it is normal that there are dumps after a heavy pump as some traders are not long holders. TAs also result in dump when the trend using different indicators look bad.
full member
Activity: 462
Merit: 100
March 27, 2018, 11:00:10 PM
#7
What is causing the dump in the value of bitcoin as well as other altcoins ? Is it because of threats and banning from some countries or is it because Facebook has banned the crypto ads and there are rumours that you will and Google will follow the same which might create fear amongst the users ?

I see there are factors that cause the price hit by dump one of them is there bad news from bitcoin of course lately a lot of bad news from bitcoin hopefully dump that is addressed to bitcoin did not last long because if always like this possibility bitcoin really true will collapse.
hero member
Activity: 602
Merit: 500
March 27, 2018, 07:30:51 PM
#6
because bad news and FUD
after bad news all investor panic sell, so bitcoin price and all altcoin down price
jr. member
Activity: 56
Merit: 10
March 27, 2018, 06:54:15 PM
#5
I don't think it's anything related to the network itself, since there is no congestion, and fees are very low. So it's probably what someone said, supply not meeting demand, and it's probably due to the fact that there isn't much hype around Bitcoin these days.
No reason to panic, some sanity might be something good for Bitcoin in the long term.
full member
Activity: 759
Merit: 105
March 27, 2018, 06:46:12 PM
#4
What is causing the dump in the value of bitcoin as well as other altcoins ? Is it because of threats and banning from some countries or is it because Facebook has banned the crypto ads and there are rumours that you will and Google will follow the same which might create fear amongst the users ?
People are panic selling due to the FUD and this is very common to a newbies who doesn't know what to do. People that who knows when to sell it are the ones who knows the run of the market and all they have to do is to wait for the right moment.
legendary
Activity: 1806
Merit: 1521
March 27, 2018, 06:20:40 PM
#3
What is causing the dump in the value of bitcoin as well as other altcoins?

Supply. Lack of demand. You do the math.

Is it because of threats and banning from some countries or is it because Facebook has banned the crypto ads and there are rumours that you will and Google will follow the same which might create fear amongst the users ?

No. In a bull market, nobody would give any of that shit any consideration. Those stories would have no effect. The only reason people dwell on these stories now is because we're in a bear market and they want to rationalize. The market doesn't fall because of FUD.

The hype died. If traders are just sloshing around the same money with no new demand (that's what it looks like), the price trends downward. No grand explanations needed.
hero member
Activity: 2632
Merit: 833
March 27, 2018, 05:56:02 PM
#2
What is causing the dump in the value of bitcoin as well as other altcoins ? Is it because of threats and banning from some countries or is it because Facebook has banned the crypto ads and there are rumours that you will and Google will follow the same which might create fear amongst the users ?

Well the usual FUD and investors are just  cashing it out because somewhat they have lose their faith in bitcoin and even for just a simply profit they will immediately jump on the opportunity to take profits.

As for Google or Facebook or even Twitter banning, it will be short lived effect. The Mt. Gox trustee offloading bitcoin is already out of the equation and the G20 thing positive news also doesn't have that enough push to the overall sentiments that's why we have seeing dumps like everday.
sr. member
Activity: 790
Merit: 261
March 27, 2018, 05:27:01 PM
#1
What is causing the dump in the value of bitcoin as well as other altcoins ? Is it because of threats and banning from some countries or is it because Facebook has banned the crypto ads and there are rumours that you will and Google will follow the same which might create fear amongst the users ?
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