why Bitcoin Dumping ? - page 3. | Bitcointalksearch.org

salad daging

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Quote from: bettercrypto on March 10, 2023, 05:05:28 AM

Quote from: Researchoo on February 13, 2023, 02:13:41 PM

Bitcoin Started Dumping again
Now can we expect $17000 Again?
According to me, it will Dump again $17000 am I right?

Fluctuation always happens in the market, and even though these things happen if you are a long term holder of bitcoin you are not affected by these scenarios.

The only ones affected in these situations are the day traders or scalpers and communities who easily panic leading to the sale of their assets thinking that the fall will continue but the truth is not.

Now the price continues to fall, several scenarios occur due to bad news happening regarding other negative things and this is indeed FUD which continues to be spread, we don't need to panic because after all, the price will not be corrected as long as it is corrected, we must be a strong holder and should not be influenced by anything.

Daily traders usually do stop loss to prevent big losses because this is indeed an unexpected situation who thought March would get better instead bitcoin turned around to $ 19,000 again because in the opposite direction there was a lot of panic going on until there was a possibility that someone was selling assets in this situation recently.

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Quote from: bettercrypto on March 10, 2023, 05:05:28 AM

Quote from: Researchoo on February 13, 2023, 02:13:41 PM

Bitcoin Started Dumping again
Now can we expect $17000 Again?
According to me, it will Dump again $17000 am I right?

Fluctuation always happens in the market, and even though these things happen if you are a long term holder of bitcoin you are not affected by these scenarios.

The only ones affected in these situations are the day traders or scalpers and communities who easily panic leading to the sale of their assets thinking that the fall will continue but the truth is not.

The dumping was due to the US government taxing bitcoin miners by 30%. It's a jump from 10% to 30% if I'm not mistaken. So that is a big jump and it could really hurt their business, after all, they are also in here for making money.

So it just shows US anti-bitcoin for the longest time.

Anyhow, there are still other options, maybe just go to other countries with cheap electricity and more friendly to bitcoin mining activities.

wmaurik

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Quote from: Wong Gendheng on March 05, 2023, 08:51:25 AM

Dumping and rising is a common thing in Bitcoin or other investment products, maybe people who are still shocked by Bitcoin fluctuations that are like a roller coaster, but for those of us who are used to when the market dumping is a good opportunity to buy more because of the potential term potential Bitcoin is very good and profitable.

Apart from being an opportunity to buy more Bitcoin when a downturn is happening, those of us who are used to seeing Bitcoin prices decline in the market must also find out the cause of the drop in price. So that we don't just get hung up on looking at buying opportunities, but it's also important to know the reasons why, because even though we're not surprised when we see a price drop, in the end everyone will also expect an increase in the price of Bitcoin again and that also includes those who have buy when the decline occurs.

Quote from: huu78 on March 06, 2023, 11:46:50 AM

im also agree with you because i feel this bear market is not over yet, if we wrong maybe bitcoin will reach 28k or 30k this month.
But it seem like impossible right now and biitcoin will reach new ATL from last year.

Now the Bitcoin price is back under $20K, which means there is a lot of potential to create a new ATL this month. But personally I still believe that Bitcoin will not immediately create its new ATL this month, because an upward bounce is also very possible if there is no more bad news affecting Bitcoin holders this month. But there will also need to be more new buyers for Bitcoin for there to be a strong impetus to increase in price again before next month.

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Quote from: Researchoo on February 13, 2023, 02:13:41 PM

Bitcoin Started Dumping again
Now can we expect $17000 Again?
According to me, it will Dump again $17000 am I right?

Fluctuation always happens in the market, and even though these things happen if you are a long term holder of bitcoin you are not affected by these scenarios.

The only ones affected in these situations are the day traders or scalpers and communities who easily panic leading to the sale of their assets thinking that the fall will continue but the truth is not.

milewilda

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Quote from: bettercrypto on March 09, 2023, 10:33:20 AM

First of all, we don't know the total reason why the value of bitcoin has decreased in the market today, like today it is at 21800$ each bitcoin. I can only think of one thing why it has decreased in value a little.

Perhaps this is because other holders of bitcoin have sold a large percentage of their holdings in bitcoin, and may also have been affected in some way by what happened to silver gate which has volunteered to close as far as I know. Other than that I can't think of any other reason.

Crypto market isnt really that precisely reacting into those common or traditional market fundamentals wayback but now it is really starting to be one.

Example this.

https://finbold.com/1-billion-worth-of-silk-road-bitcoins-on-the-move-btc-dump-imminent/
https://beincrypto.com/crypto-markets-dump-60-billion-less-hour/

If we do see these news or fundamentals then we could actually say that this is really indeed bearish.

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Quote from: Furious 7 on March 09, 2023, 11:53:28 AM

when you look at the results of speculation sometimes it really isn't going well for now and maybe even from a few months earlier so this is not a good enough time for traders. In this case, I think that if we have conditioned ourselves to become traders, then I think they have to make up their mind because this clearly shakes them up with expectations that are not in line with the current reality.

Now I think it's better to pause and relax into a long-term purchase than to suffer again and again losses.

I think that's not entirely true, that's actually doing pretty well if you ask me. I mean sure it is not going up like it did, but for traders it has to go up AND go down in order to make money, so from a speculation point of view, they are actually doing the right thing because they are making a profit and that's important.

I believe that people will end up with some sort of situation where they won't be able to profit if it keeps going up, why? Because trader would buy, and they would sell, if it goes up directly then where is the profit there? They need to buy it when it goes lower, and they need to sell it when it goes higher. It went up, now time for a drop.

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Quote from: Macadonian on March 07, 2023, 07:34:54 PM

Quote from: Woodie on March 07, 2023, 09:25:29 AM

Price seems to be consolidating and if you look at the price action... for traders, this isn't the best time to hold trades for a long time as the price could easily spike either upwards or downwards wiping peoples open positions even with stop losses set, but of course, you could take short term trades and get your 5R and you out of the market...let greed not tie you down.

Bitcoin traders are not having the best of time at the moment because I think a lot of them are struggling to read the Bitcoin economy. It is very unpredictable at the moment. A lot of people are predicting under $20,000 and the bulls in the community are saying we should break $25,000 by the end of the month. I think we will do the last one and push on next month to higher amounts but my confidence is not high.

Agree with what you say because when you look at the results of speculation sometimes it really isn't going well for now and maybe even from a few months earlier so this is not a good enough time for traders. In this case, I think that if we have conditioned ourselves to become traders, then I think they have to make up their mind because this clearly shakes them up with expectations that are not in line with the current reality.

Now I think it's better to pause and relax into a long-term purchase than to suffer again and again losses.

bettercrypto

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First of all, we don't know the total reason why the value of bitcoin has decreased in the market today, like today it is at 21800$ each bitcoin. I can only think of one thing why it has decreased in value a little.

Perhaps this is because other holders of bitcoin have sold a large percentage of their holdings in bitcoin, and may also have been affected in some way by what happened to silver gate which has volunteered to close as far as I know. Other than that I can't think of any other reason.

19Nov16

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I think the biggest factor influencing bitcoin dumping is the large number of crypto cases such as FTX and LUNA, according to reports FTX lost more than $3 billion and LUNA more than $5 billion, of course this is a big value and creates panic for investors, but from these 2 big cases it should be we can take an important lesson, namely do not store large assets in exchanges.

onecall123

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Quote from: Woodie on March 07, 2023, 09:25:29 AM

Quote from: Wong Gendheng on March 05, 2023, 08:51:25 AM

Dumping and rising is a common thing in Bitcoin or other investment products, maybe people who are still shocked by Bitcoin fluctuations that are like a roller coaster, but for those of us who are used to when the market dumping is a good opportunity to buy more because of the potential term potential Bitcoin is very good and profitable.

The problem is most people have this picture that when bitcoin is bullish, it will jump from 20k to 50k in an instant without facing any obstacles or resistance on its way up but that's not how these markets work!

We need to understand that for bitcoin to go up it has to ~~dump~~ drop before it goes up as this is the only way it builds fuel to go up to its next destination..If only people read more about liquidity, inducements and all this will give everyone of us a better understanding of why price drops happen...

Every time there's a dip, people react in same ways. Last week when Bitcoin was approaching $25k, everyone seemed to be in a state of FOMO, eager for a drop so they could buy more. But now, after a pullback, people seem to be losing their concentration and questioning of the present situation. The truth is, the market will always give you a reason to be afraid. It's up to you how create a solid plan and execute it. Only then can you truly make the most of any situation, no matter how uncertain it may seem.

Macadonian

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Quote from: Woodie on March 07, 2023, 09:25:29 AM

Price seems to be consolidating and if you look at the price action... for traders, this isn't the best time to hold trades for a long time as the price could easily spike either upwards or downwards wiping peoples open positions even with stop losses set, but of course, you could take short term trades and get your 5R and you out of the market...let greed not tie you down.

Bitcoin traders are not having the best of time at the moment because I think a lot of them are struggling to read the Bitcoin economy. It is very unpredictable at the moment. A lot of people are predicting under $20,000 and the bulls in the community are saying we should break $25,000 by the end of the month. I think we will do the last one and push on next month to higher amounts but my confidence is not high.

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Quote from: Wong Gendheng on March 07, 2023, 08:32:20 AM

Quote from: Ludmilla_rose1995 on March 06, 2023, 02:10:52 PM

Quote from: Wong Gendheng on March 05, 2023, 08:51:25 AM

Dumping and rising is a common thing in Bitcoin or other investment products, maybe people who are still shocked by Bitcoin fluctuations that are like a roller coaster, but for those of us who are used to when the market dumping is a good opportunity to buy more because of the potential term potential Bitcoin is very good and profitable.

bitcoin is a very volatile asset, we will not see the price forever be above or below, in the next few hours the price of bitcoin may fall or even rise, so that's when the bitcoin price dumps, don't need to panic, take it as normal because that is proof that the transactions taking place in the market are large.

Bitcoin is always fluctuating and we must be wise if we invest Bitcoin, but if we have a long -term plan then save assets to Bitcoin is an intelligent choice, but most people always check daily prices so that when they see the price of drops then panic and sell with loss.

On the time that you had stepped your foot into this market then you should really make that yourself that be aware that market price is always that volatile and something that cant really be predicted.

This market would involved lots of pumps and dumps and moving sideways and this is why it would really be that surprising that there would really be situations like this.If you are that someone
who does have that weak hard and having that impulsive emotion then this market isnt really for you because you would really be making lots of mistakes and errors due to impulsive
emotions which would causes out errors.This is why you should really make yourself that established when it comes to this so that you could bare out on what this market is involved into.

Woodie

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Quote from: Wong Gendheng on March 05, 2023, 08:51:25 AM

Dumping and rising is a common thing in Bitcoin or other investment products, maybe people who are still shocked by Bitcoin fluctuations that are like a roller coaster, but for those of us who are used to when the market dumping is a good opportunity to buy more because of the potential term potential Bitcoin is very good and profitable.

The problem is most people have this picture that when bitcoin is bullish, it will jump from 20k to 50k in an instant without facing any obstacles or resistance on its way up but that's not how these markets work!

We need to understand that for bitcoin to go up it has to ~~dump~~ drop before it goes up as this is the only way it builds fuel to go up to its next destination..If only people read more about liquidity, inducements and all this will give everyone of us a better understanding of why price drops happen...

Quote from: huu78 on March 06, 2023, 11:46:50 AM

im also agree with you because i feel this bear market is not over yet, if we wrong maybe bitcoin will reach 28k or 30k this month.
But it seem like impossible right now and biitcoin will reach new ATL from last year.

Price seems to be consolidating and if you look at the price action... for traders, this isn't the best time to hold trades for a long time as the price could easily spike either upwards or downwards wiping peoples open positions even with stop losses set, but of course, you could take short term trades and get your 5R and you out of the market...let greed not tie you down.

Wong Gendheng

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Quote from: Ludmilla_rose1995 on March 06, 2023, 02:10:52 PM

Quote from: Wong Gendheng on March 05, 2023, 08:51:25 AM

Dumping and rising is a common thing in Bitcoin or other investment products, maybe people who are still shocked by Bitcoin fluctuations that are like a roller coaster, but for those of us who are used to when the market dumping is a good opportunity to buy more because of the potential term potential Bitcoin is very good and profitable.

bitcoin is a very volatile asset, we will not see the price forever be above or below, in the next few hours the price of bitcoin may fall or even rise, so that's when the bitcoin price dumps, don't need to panic, take it as normal because that is proof that the transactions taking place in the market are large.

Bitcoin is always fluctuating and we must be wise if we invest Bitcoin, but if we have a long -term plan then save assets to Bitcoin is an intelligent choice, but most people always check daily prices so that when they see the price of drops then panic and sell with loss.

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Quote from: huu78 on March 06, 2023, 11:46:50 AM

im also agree with you because i feel this bear market is not over yet, if we wrong maybe bitcoin will reach 28k or 30k this month.
But it seem like impossible right now and biitcoin will reach new ATL from last year.

Bitcoin has been very volatile for a while now. But I think the Bitcoin market is going to get better soon. Bitcoin market is going through almost dumping right now. Bitcoin price will increase a lot in few days but it will have to wait for a long time. I don't understand why the bitcoin market is dumping us right now. But I am taking a little loss now by investing in bitcoin. But hopefully I will make it back soon when the price of bitcoin goes up.

$anounimus$

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Quote from: thecodebear on March 04, 2023, 11:47:13 AM

Hopefully Silvergate is the last victim of the LUNA/Celsuis/FTX collapses that spread around since all these companies were too linked together holding each other's funds.

The market still has to deal with Fed interest rate raises continuing for a bit longer and negative and overbearing SEC regulation on crypto looking likely to ramp up. We don't need any more crypto company collapses to add to the headwinds.

Hopefully within a week the Silvergate crash is in the rearview window and Bitcoin is heading back up toward $25k resistance.

The crypto market has experienced significant volatility in recent weeks. Recently, the crypto market has been rocked again by negative news from Silvergate Capital. The development has even added uncertainty to Bitcoin (BTC). However, in the last few days, Bitcoin has remained stable at US$ 23 thousand.

Source

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Quote from: Wong Gendheng on March 05, 2023, 08:51:25 AM

Dumping and rising is a common thing in Bitcoin or other investment products, maybe people who are still shocked by Bitcoin fluctuations that are like a roller coaster, but for those of us who are used to when the market dumping is a good opportunity to buy more because of the potential term potential Bitcoin is very good and profitable.

bitcoin is a very volatile asset, we will not see the price forever be above or below, in the next few hours the price of bitcoin may fall or even rise, so that's when the bitcoin price dumps, don't need to panic, take it as normal because that is proof that the transactions taking place in the market are large.

huu78

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im also agree with you because i feel this bear market is not over yet, if we wrong maybe bitcoin will reach 28k or 30k this month.
But it seem like impossible right now and biitcoin will reach new ATL from last year.

Wong Gendheng

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Dumping and rising is a common thing in Bitcoin or other investment products, maybe people who are still shocked by Bitcoin fluctuations that are like a roller coaster, but for those of us who are used to when the market dumping is a good opportunity to buy more because of the potential term potential Bitcoin is very good and profitable.

Kemarit

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Quote from: STT on March 04, 2023, 05:25:18 PM

Profit taking is the simple reason and other reasons also perhaps but mostly selling an asset speculatively is main motivation to cycle through selling an asset now and buying it later. The more people need to hold the BTC because its useful and widely distributed in its use the less we are bound by market and more by usage.
Price recovering only a small bit as we rise enough to meet the 2 day average at 22.4k

Not all though, maybe they are afraid of what is going on, so they sell or at least hedge it to stable coins to stop the bleeding. We have seen the price bouncing around $24,000 before the whole Silvergate bankruptcy and what not news comes out.

And so we are in the price of $22,400 as you what said this weekend.

It might be good that the market didn't go that low to $20,000 again as if it did then we could see some crash again and wipe all what we have gain since January.

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