Who is behind this downtrend we see right now ? - page 3.

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: Darwin02 on March 16, 2018, 01:21:59 AM

Here is the reason why the price going down https://www.google.com.ph/amp/s/cointelegraph.com/news/effects-of-mt-gox-trustees-400-mln-sale-on-bitcoin-market/amp .

There are so many other reason that goes out like google remove cryptocurrency ads etc.

Have you read the analysis and conclusion in that article of cointelegraph you refer to ?

Quote

The data shows us that Kobayashi’s actions were not as significant to the price of Bitcoin in the short run as some individuals believed they were.

meyklove

member

Activity: 210

Merit: 14

I think the whales are the one who control the market because of their big holdings and if they have already have gains already they can easily exit and buy back their coins on a cheaper price hence they will still have gain because of they know many of us will buy it too tell the price is on uptrend.

shinratensei_

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Kurva on March 16, 2018, 01:16:20 AM

I see many of you saying that the crypto whales are behind this downtrend that we see now. But if this is true why do they push it so far ? Not even the whales will meke money in this market. And if pushing it to far the whole crypto market might collapse. Than no one will make money anymore. Know media and all the fud out there have a huge impact on the market to.

Alright crypto whales are behind of all these dump but there is another factor that even worst than crypto whales. Whales only give a little push to the market. But this guy has a power more than whales to push the price of bitcoin a lot.

https://www.bloomberg.com/news/articles/2018-03-08/bitcoin-s-latest-rub-is-overhang-ghost-from-mt-gox-bankruptc

Said mtgox trustee still hold more than 166k bitcoin and bitcoin cash in his wallet right now.

FUD and Google news make the situation even worst.

richcorner100

full member

Activity: 616

Merit: 100

https://exip.live/

Too many FUD and bad news in the same times make many trader sell panic, and need longer times for Bitcoin continue to growing and now look market boring. But i believe, will be any times for bullish trend and its will be come in a few month.

jusertvaz

member

Activity: 428

Merit: 12

You are right about the information background, only negative news related to crypto-currencies around, and this is very hard at the rate of these currencies, but everything will change when governments of different countries adopt regulatory laws, after that there will be no speculation and theories, the market will calm down and continue to grow.

michael shikany

member

Activity: 196

Merit: 10

The Experience Layer of the Decentralized Internet

Now in a bear market, most people have no confidence to in cryptocurrency market, because of the recent G20 meeting to discuss about regulation of cryptocurrency market, so people have no confidence，So it's still going to go down.

BitcoinBallerina

full member

Activity: 308

Merit: 100

Presale is live!

It is the MT GOX trustee who is behind this downtrend. This fool has been dumping large amounts of GOX coins directly on exchanges instead of doing it through OTC. This is what happens when someone not knowledgeable in a field is given the task.

togamamora

newbie

Activity: 23

Merit: 4

mt. gox!!! but looking at the brighter side, if they hadn't dumped btc, i wudn't be able to stock up so many coins now. I am just waiting for the bullrun again,

Bodywowoya

full member

Activity: 350

Merit: 100

Quote from: Kurva on March 16, 2018, 01:16:20 AM

I see many of you saying that the crypto whales are behind this downtrend that we see now. But if this is true why do they push it so far ? Not even the whales will meke money in this market. And if pushing it to far the whole crypto market might collapse. Than no one will make money anymore. Know media and all the fud out there have a huge impact on the market to.

And you think they do not understand that in this way they will be able to increase sales and reduce the price thereby buying another cheaper piece of cake. And their methods are being improved.

flashmark

member

Activity: 266

Merit: 11

Whales spreading FUDs to buy Bitcoin on the dip. Unfortunately, most of the traders get trapped. I think whales waiting to buy Bitcoin around 5000 or below. Until they enter into the market, I don't think the market will recover. Small investors like us need more and more patience.

Darwin02

hero member

Activity: 714

Merit: 500

Here is the reason why the price going down https://www.google.com.ph/amp/s/cointelegraph.com/news/effects-of-mt-gox-trustees-400-mln-sale-on-bitcoin-market/amp .

There are so many other reason that goes out like google remove cryptocurrency ads etc.

daliyuan45

newbie

Activity: 8

Merit: 0

Now that the Bitcoin market is completely in the hands of whales, I guess their intention is to make more people sell Bitcoins and cause falls to fall. But many people do not have such panic, so Bitcoin is still holding today. About $8000.

Kurva

jr. member

Activity: 319

Merit: 1

I see many of you saying that the crypto whales are behind this downtrend that we see now. But if this is true why do they push it so far ? Not even the whales will meke money in this market. And if pushing it to far the whole crypto market might collapse. Than no one will make money anymore. Know media and all the fud out there have a huge impact on the market to.

Topic: Who is behind this downtrend we see right now ? - page 3. (Read 341 times)