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Topic: What's happening to Bitcoin? - page 3. (Read 694 times)

full member
Activity: 188
Merit: 100
March 30, 2018, 01:57:28 PM
#48
Don't worry. No worries, every thing will come back to normal
full member
Activity: 462
Merit: 100
https://saturn.black
March 30, 2018, 01:53:49 PM
#47
I think that its a huge manipulation and this time collectively done by many big whales to turn bitcoin market bearish and to harvest cheaper bitcoins.
Yes. This is all manipulation. As soon as the whales are purchased, then I think the growth of cryptocurrencies will begin. Prior to that, positive news will have no impact on the market.
member
Activity: 378
Merit: 35
March 30, 2018, 01:50:54 PM
#46
Rumored, that a huge amount of BTC was outputted from someones wallet. Backtrace goes to China. Don’t know whether it is true but everything possibly.
hero member
Activity: 1372
Merit: 564
March 30, 2018, 01:49:59 PM
#45
Nothing unusual. You can read the history books. Everything repeats itself periodically, although in different guises.
(but this is not exactly certain, no one will say. The coin can go up or down - it 's all that I know about it)
Yes nothing unusual, it only repeats its history. Bitcoin is volatile and that is normal. It does not mean that if you're on top you'll just stay there forever, you must fail in order to success. Bitcoin goes down sometimes but it will rise again. We just patiently wait for that time to come. I think big whales are just spreading bad news about bitcoin in order to manipulate and to harvest bitcoins from the panic seller. Whats happening on bitcoin now is normal.
sr. member
Activity: 546
Merit: 261
March 30, 2018, 01:48:00 PM
#44
With many FUD surrounding bitcoin,i think it will take more time to affect bitcoin price.G20 result is just one good news,but the FUD is keep spreading among us.But i do believe that the price will start moving again when the FUD effect has been subsided and when the summer come.I hope there will be some good news that will make more investor to invest in bitcoin.
newbie
Activity: 184
Merit: 0
March 30, 2018, 01:39:44 PM
#43
I really do not know what the problem is. A series of hurdles caused to bitcoin and the crypto market. It's a long chain and the value drops in the blink of an eye. The value of losses is increasing. What will come next, whether we can be patiently hold? How can the market rebound? Too much thought in my head. Including the worst.
hero member
Activity: 854
Merit: 500
March 30, 2018, 01:23:11 PM
#42
bitcoin is decreasing. Bitcoin market is affected by major countries such as Russia, China. big corporations google, facebook, twiter have stopped advertising bitcoin. The number of bitcoins sold out more than the number of bitcoin bought so prices fell. This puts pressure on managers to find a way to boost the rebound bitcoin.
newbie
Activity: 81
Merit: 0
March 30, 2018, 01:04:40 PM
#41
What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?
Bitcoin has gone down a lot in the last few days, and we don't know why it has suddenly dropped. But I don't think it will last long. Many people have chosen to buy bitcoins now, which will give us a lot of revenue and I will be in bitcoin if the bitcoin rebound.
member
Activity: 322
Merit: 11
March 30, 2018, 12:54:34 PM
#40
I am also very interested in this question,even more interesting to me,as the air dropped to 400баксов?if it cost 1,000 bucks?what is the reason?
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
March 30, 2018, 12:30:43 PM
#39
What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

This was expected to happen and the reason was not that of G20 results or something related to G20.The reasons were heavy selling is still going on near the resistance and if this going on then you can see few more 10% to 20% decline in bitcoin price chart. if the chart has to rise then this will be a double bottom and then we will see a good strong bullish candle and then a strong rally, and i think only time will prove my words right or wrong so it is better to leave on future time and till than just wait for the right direction to take some trade.
legendary
Activity: 2212
Merit: 1008
March 30, 2018, 11:48:47 AM
#38
What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

It happens everytime when the holidays are coming. Just relax dont look to the graph it will made you stressed and it will caused of panic. This will go back to normal again.

I also have no doubt that we will come to the norm again, but when will it happen? It seems to me that cryptocurrencies are falling not because of some holidays, but because of cryptos' ads prohibition.
sr. member
Activity: 652
Merit: 250
Make winning bets on sports with Sportsbet.io!
March 30, 2018, 11:12:58 AM
#37
Many factors are contributing to it to be honest . All the hustle that is being created by the ad ban and so many things upon it are just leading to be the main reasons why bitcoin is facing such bullish fall . Moreover , a very huge sell off is being reported which further contributed to such a fall . bitcoin is apparently in its lowest right now and is almost hitting $6000.
member
Activity: 168
Merit: 10
March 30, 2018, 10:57:26 AM
#36
The bitcoin is going through another market correction as a result of whales dumping their coins. I think there is nothing new to what is happening with bitcoin at the moment. we only need to relax and wait for few months for the bitcoin price to fully recover and then sell our coins for profits. #HODL
sr. member
Activity: 672
Merit: 250
Most Advanced Crypto Exchange on the Blockchain
March 30, 2018, 09:33:05 AM
#35
People are spending more money when it is a holiday or a break so I think this is exactly what happens since it is the spring break
legendary
Activity: 1904
Merit: 1074
March 30, 2018, 09:28:57 AM
#34
I doubt if anyone can give a honest answer to this. It took a few weeks for people to figure out that the Mt Gox trustee was

dumping 1000s of coins onto exchanges and this triggered a downward spiral in the price. Something like this might be

happening now and we will never know it.  Roll Eyes {Something not related to Mt Gox, because that Bitcoin address are being

monitored} ..... If you ask me, I will take a calculated guess and blame this on large traders that are suppressing the price.
jr. member
Activity: 154
Merit: 1
March 30, 2018, 08:16:44 AM
#33
Well we know it is horrible but its common though the price is unpredictable and this is why the bitcoin is risky but if you look on the bright side while the price is still dropping investment on it could go skyrocket and by this i hope the bitcoin will gain the momentum it have to better oncrease its price.
member
Activity: 532
Merit: 17
March 30, 2018, 08:03:41 AM
#32
What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

relax mate, it is not that bitcoin will go to zero.
i think this is the impact of bitcoin hype at the end of last year.
the price was very abnormal that causing the correction to be done until now.
full member
Activity: 390
Merit: 100
March 30, 2018, 06:45:16 AM
#31
There are different reports here and there on control of Mail chimps, world bank or finance body. I don't even know which is true, we all can just see bitcoin depreciating. It appears confusing though but I know the storm will be over soon

Yes, just like what I have said, so many news circulating but no definite answers. The only thing we can do is to keep on researching and to wait on how everything will turn out.

 
-snip-

Because of those FUDs and no one can really explain why the price is continuosly going down, I'm starting to believe that there are groups of people which can manipulate the price in the market. Maybe they want to acquire more of it on a cheaper price.

I actually think that is true. All these whales are creating ripples to alarm the small holders so they'll sell their coins causing a dump to depreciate the price of the coin. And then there they go buying the coins in bulks and eventually increasing the price back up.

What comes up in my mind with respect to the bearish dip that it has experienced in the current situation is that whale investors are somewhat like doing the price manipulation that could have been one of the reason for this dips. But definitely, I am expecting recovery in the coming months for bitcoin to bounce back to it's usual price and hopefully will reach at $12k USD.
member
Activity: 451
Merit: 15
Investor
March 30, 2018, 06:32:27 AM
#30
The supposed ban of twitter om cryptocurrency and ICO ads might have discouraged a lot of our fellow bitcoin investors from believing that bitcoin could still survive this year due to the consistent bans it have received from countries and decline on support from numerous social media giants. But I don't bitcoin could not carry on this, the valye will stabilize and the price will recover in a few months, I'm telling you.
full member
Activity: 364
Merit: 106
March 30, 2018, 05:30:22 AM
#29
There are different reports here and there on control of Mail chimps, world bank or finance body. I don't even know which is true, we all can just see bitcoin depreciating. It appears confusing though but I know the storm will be over soon

Yes, just like what I have said, so many news circulating but no definite answers. The only thing we can do is to keep on researching and to wait on how everything will turn out.

 
-snip-

Because of those FUDs and no one can really explain why the price is continuosly going down, I'm starting to believe that there are groups of people which can manipulate the price in the market. Maybe they want to acquire more of it on a cheaper price.

I actually think that is true. All these whales are creating ripples to alarm the small holders so they'll sell their coins causing a dump to depreciate the price of the coin. And then there they go buying the coins in bulks and eventually increasing the price back up.
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