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Topic: What's going on? - page 2. (Read 1507 times)

legendary
Activity: 2534
Merit: 1338
January 06, 2020, 11:55:51 AM
What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?
The fluctuations that we are seeing leads us nowhere, the price is now currently at 7500 but by what I can see in the charts it does not seem likely the price will go higher during the next days unless that level can be maintained for some time, if not then the price will most like will go to 7200, nothing of significance is happening with the market this is why it does not seem to make sense what we are seeing, just accept it and if you are a long term holder then take advantage of it.
STT
legendary
Activity: 4102
Merit: 1454
January 02, 2020, 04:42:44 PM
Who is creating these fluctuations and where will this lead us? Bull run or bear market?

When your in the swimming pool, some of the waves are your own or similar people. Its not a mystery imo, I dont believe the conspiracy ideas.    We definetly are going to keep bouncing back and forth as buyers, sellers and speculators play ping pong with the price.



Just repeating again now.
hero member
Activity: 2968
Merit: 687
January 02, 2020, 12:21:49 PM
yes i agree with you op the price of bitcoin is now very volatile because there is manipulation by big traders. Large traders sell or buy bitcoin in large quantities and this will affect demand and supply. and sometimes small traders are also influenced to buy or sell, so this trade makes the bitcoin market very volatile. and also news about the banning of crypto at local exchanges in China later also affected yesterday's bitcoin dump.
Some level of manipulation will always exist as the whales are too powerful just today the price is once again below 7000 and it seems the bears may try to once again try the break the resistance level at 6500 which they have been incapable of breaking, if they do we could see a price of 6000 and if that happens then there is no telling how low the price of bitcoin will go since it is possible that many small traders will panic at that point and will sell their coins even when they should not.
Panic would happen once again if the price would start to touch down that 6500 price support.This is nothing new though and the price had start to decrease once again.
We cant say its manipulation or just a typical movement yet we've been in 7k+ price for a while and now accumulation does start by trying to suppress the price first
and re-enter on the right below amount.I do expect or buy more when price hits up that support.
legendary
Activity: 2534
Merit: 1338
January 02, 2020, 12:18:37 PM
yes i agree with you op the price of bitcoin is now very volatile because there is manipulation by big traders. Large traders sell or buy bitcoin in large quantities and this will affect demand and supply. and sometimes small traders are also influenced to buy or sell, so this trade makes the bitcoin market very volatile. and also news about the banning of crypto at local exchanges in China later also affected yesterday's bitcoin dump.
Some level of manipulation will always exist as the whales are too powerful just today the price is once again below 7000 and it seems the bears may try to once again try the break the resistance level at 6500 which they have been incapable of breaking, if they do we could see a price of 6000 and if that happens then there is no telling how low the price of bitcoin will go since it is possible that many small traders will panic at that point and will sell their coins even when they should not.
full member
Activity: 1442
Merit: 108
December 30, 2019, 09:49:19 AM
After bull run we always have bear run, after bear run we have bull run... and like that in circles. You can read news, but if you take a look in any chart you will see better information's and more accurate for sure. Market will go up, market will fall down, you don't have to be scientist to understand that.
What's going on is that some people freak out when ever price start to rise or drop, when price is rising they are screaming, when it's dropping they are crying. Just don't mind them, do your own thing, make your own plan and do everything according to that plan.
most people are also stuck in their own circle of imagination (including me), they think the price of bitcoin will always increase by the end of the year. panic only happens to a novice trader, when prices go down without thinking they immediately sell to avoid greater losses. this can be a boomerang that can counterattack itself and others.
sr. member
Activity: 938
Merit: 251
December 30, 2019, 06:40:40 AM
After bull run we always have bear run, after bear run we have bull run... and like that in circles. You can read news, but if you take a look in any chart you will see better information's and more accurate for sure. Market will go up, market will fall down, you don't have to be scientist to understand that.
What's going on is that some people freak out when ever price start to rise or drop, when price is rising they are screaming, when it's dropping they are crying. Just don't mind them, do your own thing, make your own plan and do everything according to that plan.
I think you have the right idea but that is not precisely right, besides the bear and the bull markets there is another state for the market which is called ranging, and its main characteristic is that the price of an asset is incapable to move beyond certain boundaries and just moves up and down without taking any particular direction and it seems to me those are the market conditions we are facing, what we do not know is if the bear market will resume or if on the contrary the bulls will take control once again.
Nice for waiting on the first January we are looking for how much bitcoin price start first, will have higher price or bitcoin keep lower price without have any change to grow with higher price, but many people believe with 2020 bitcoin will go back to higher price and never possible for bitcoin back to higher price again what happen with last two year ago.
legendary
Activity: 2534
Merit: 1338
December 29, 2019, 11:14:53 AM
After bull run we always have bear run, after bear run we have bull run... and like that in circles. You can read news, but if you take a look in any chart you will see better information's and more accurate for sure. Market will go up, market will fall down, you don't have to be scientist to understand that.
What's going on is that some people freak out when ever price start to rise or drop, when price is rising they are screaming, when it's dropping they are crying. Just don't mind them, do your own thing, make your own plan and do everything according to that plan.
I think you have the right idea but that is not precisely right, besides the bear and the bull markets there is another state for the market which is called ranging, and its main characteristic is that the price of an asset is incapable to move beyond certain boundaries and just moves up and down without taking any particular direction and it seems to me those are the market conditions we are facing, what we do not know is if the bear market will resume or if on the contrary the bulls will take control once again.
legendary
Activity: 3248
Merit: 1179
December 29, 2019, 06:30:41 AM
What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

I think it's not only the whales that do all this so that market prices tend to always decline, there is a decline in market prices at this time due to the many activities of people who make sales and consequently the market prices continue to decline

I think that is because people read so much news about cryptocurrency, and some of that news is saying bad things about cryptocurrency, so some people panic and they want to save their money before it's too late. The market will be back to the higher price, no need to worry about that, and now, we can continue to buy more coins to be added in our portfolio. But remember, the market can go to any price so you should make another strategy to avoid the bad things that can happen later.

After bull run we always have bear run, after bear run we have bull run... and like that in circles. You can read news, but if you take a look in any chart you will see better information's and more accurate for sure. Market will go up, market will fall down, you don't have to be scientist to understand that.
What's going on is that some people freak out when ever price start to rise or drop, when price is rising they are screaming, when it's dropping they are crying. Just don't mind them, do your own thing, make your own plan and do everything according to that plan.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 29, 2019, 03:25:55 AM
What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

I think it's not only the whales that do all this so that market prices tend to always decline, there is a decline in market prices at this time due to the many activities of people who make sales and consequently the market prices continue to decline

I think that is because people read so much news about cryptocurrency, and some of that news is saying bad things about cryptocurrency, so some people panic and they want to save their money before it's too late. The market will be back to the higher price, no need to worry about that, and now, we can continue to buy more coins to be added in our portfolio. But remember, the market can go to any price so you should make another strategy to avoid the bad things that can happen later.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 29, 2019, 03:19:35 AM
Pumping and dumping happens in every trading market. Be it crypto, equity or any other trading market. That’s the beauty of every market, it go down to bottom (give everyone fair chance to buy) and move up. Don’t take this pumping and dumping as something negative. Its due to this pump/dump billions of USD are traded everyday.


Yeah, that's the cryptocurrency market, where significant price volatility is bound to occur. for that, it is better to use the opportunity when the moment arrives. when it's a dump it's time you buy, and when it's going up it's time you sell. Moreover, the current price of Bitcoin includes the right moment for day traders to choose the short term I guess.

   Anyone can try to trade and earn from that, crypto-market is a market that has a door opened for everyone. It's one option,
but there is one more option, that is a long-term holding. When you make a decision to invest in long-term holding you need
to put this volatility on a side and to not pay attention on that. Long-term investing has it's own risks, but that risks are not
so big as with short-term trading.
   
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
December 29, 2019, 12:07:17 AM
Pumping and dumping happens in every trading market. Be it crypto, equity or any other trading market. That’s the beauty of every market, it go down to bottom (give everyone fair chance to buy) and move up. Don’t take this pumping and dumping as something negative. Its due to this pump/dump billions of USD are traded everyday.


Yeah, that's the cryptocurrency market, where significant price volatility is bound to occur. for that, it is better to use the opportunity when the moment arrives. when it's a dump it's time you buy, and when it's going up it's time you sell. Moreover, the current price of Bitcoin includes the right moment for day traders to choose the short term I guess.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 26, 2019, 08:18:31 PM
Bitcoin has stabilized at a price of $ 7,000, perhaps this level of resistance will not be broken until the New Year. Yes, we need to stay at this level, otherwise the situation will acquire a critical moment, which will negatively affect other coins. We are lucky, I'm sure.
we are only 9 days before the year ends so we are hopeful that the resistance at $7k will stay longer until halving next year.
but let us not stop holding guys and with this i believe we will stay stronger and will have a good chance to profit in 2020 even until December 2020.
only a few days left before the new year, and the price of bitcoin is still at $ 7k. even though it's close to the $ 6k level, but it seems that the demand and sale of bitcoin are currently quite stable. however, people who need money can sell their assets later this year, so I think there is still a possibility of more dumps. but, as far as I know, current education is not that big, it's likely that everyone is holding their assets preparing for halving.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
December 26, 2019, 01:28:46 PM
Bitcoin has stabilized at a price of $ 7,000, perhaps this level of resistance will not be broken until the New Year. Yes, we need to stay at this level, otherwise the situation will acquire a critical moment, which will negatively affect other coins. We are lucky, I'm sure.
we are only 9 days before the year ends so we are hopeful that the resistance at $7k will stay longer until halving next year.
but let us not stop holding guys and with this i believe we will stay stronger and will have a good chance to profit in 2020 even until December 2020.
Price tanked between 7200-7500 and we might see this would last until the very end of this year 2019 and further price movement will happen on next year 2020.

Good thing that the price havent crashed down on this last days of this year which is a good indication that the market is holding strong but well it isnt still a sure thing

yet anything can happen.Talking about pumps and dumps then its a casual thing here on cryptospace yet price is always been volatile.
Yups the price is strongly holding at that value and now sitting at $7,300 things that i think very inspiring for those who is looking for adding some currency.
If we dont want to be late in holding then better to get bitcoin now before you regret this next year at same month.

maybe, for now, it's better if you trade in short term style. considering the current moment is rather worrying if for the long term. I personally prefer the short term. well, although not make a profit too big. But a small profit it's better I guess than the capital is not safe because of a dump.
Or better not to trade at all instead choose HOLDING for som good reason.

First Halving is Near to come..

Second Price will surely Pump next year...

Third?for us not to be late and say sorry next December...
full member
Activity: 1204
Merit: 104
December 26, 2019, 01:15:31 PM
maybe, for now, it's better if you trade in short term style. considering the current moment is rather worrying if for the long term. I personally prefer the short term. well, although not make a profit too big. But a small profit it's better I guess than the capital is not safe because of a dump.
Today, in the long term, it is beneficial to leave your assets only to investors.  Recently, long-term trading is not very successful, as is day trading.  There are certain nuances associated with the current state of the cryptocurrency market, because you have to use a stop loss, or constantly monitor cryptocurrency prices, because you can lose at any time.
legendary
Activity: 2534
Merit: 1338
December 25, 2019, 01:31:17 PM
Bitcoin has stabilized at a price of $ 7,000, perhaps this level of resistance will not be broken until the New Year. Yes, we need to stay at this level, otherwise the situation will acquire a critical moment, which will negatively affect other coins. We are lucky, I'm sure.
we are only 9 days before the year ends so we are hopeful that the resistance at $7k will stay longer until halving next year.
but let us not stop holding guys and with this i believe we will stay stronger and will have a good chance to profit in 2020 even until December 2020.
That resistance level is without a doubt going to hold at least until the end of this year but it is very difficult to predict if it is going to hold up until the halving, the price is too volatile right now and the bears are too strong and are dominating the market, it is entirely possible that the next time they make the price to go down people are going to panic and this will make the price of bitcoin to go down abruptly but even if that happens do not worry since that will be a great opportunity for people like us to buy bitcoin for a reasonable price.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
December 25, 2019, 12:49:47 AM
maybe, for now, it's better if you trade in short term style. considering the current moment is rather worrying if for the long term. I personally prefer the short term. well, although not make a profit too big. But a small profit it's better I guess than the capital is not safe because of a dump.
legendary
Activity: 3094
Merit: 1127
December 24, 2019, 06:58:54 PM
Bitcoin has stabilized at a price of $ 7,000, perhaps this level of resistance will not be broken until the New Year. Yes, we need to stay at this level, otherwise the situation will acquire a critical moment, which will negatively affect other coins. We are lucky, I'm sure.
we are only 9 days before the year ends so we are hopeful that the resistance at $7k will stay longer until halving next year.
but let us not stop holding guys and with this i believe we will stay stronger and will have a good chance to profit in 2020 even until December 2020.
Price tanked between 7200-7500 and we might see this would last until the very end of this year 2019 and further price movement will happen on next year 2020.

Good thing that the price havent crashed down on this last days of this year which is a good indication that the market is holding strong but well it isnt still a sure thing

yet anything can happen.Talking about pumps and dumps then its a casual thing here on cryptospace yet price is always been volatile.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
December 24, 2019, 11:23:10 AM
Pumping and dumping happens in every trading market. Be it crypto, equity or any other trading market. That’s the beauty of every market, it go down to bottom (give everyone fair chance to buy) and move up. Don’t take this pumping and dumping as something negative. Its due to this pump/dump billions of USD are traded everyday.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
December 22, 2019, 08:44:42 AM
Bitcoin has stabilized at a price of $ 7,000, perhaps this level of resistance will not be broken until the New Year. Yes, we need to stay at this level, otherwise the situation will acquire a critical moment, which will negatively affect other coins. We are lucky, I'm sure.
we are only 9 days before the year ends so we are hopeful that the resistance at $7k will stay longer until halving next year.
but let us not stop holding guys and with this i believe we will stay stronger and will have a good chance to profit in 2020 even until December 2020.
full member
Activity: 517
Merit: 101
December 22, 2019, 07:23:00 AM
Bitcoin has stabilized at a price of $ 7,000, perhaps this level of resistance will not be broken until the New Year. Yes, we need to stay at this level, otherwise the situation will acquire a critical moment, which will negatively affect other coins. We are lucky, I'm sure.
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