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Topic: why Bitcoin Dumping ? - page 7. (Read 1056 times)

sr. member
Activity: 490
Merit: 294
February 17, 2023, 02:01:52 AM
#40
Maybe the price of bitcoin was dumping a bit a while back but currently the bitcoin market is pumping very well.  Dumping and pumping are two parts of the market. If the market does not fluctuate, the market will not exist. But if we observe the Bitcoin market recently, we can see that Bitcoin is moving very positively in recent times. Yesterday Bitcoin touched a new record for this year. Bitcoin touched the highest of $25K this year. Expect the value of Bitcoin to increase further this year.
full member
Activity: 2240
Merit: 187
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February 17, 2023, 12:22:37 AM
#39
I don't think, Bitcoin price will decrease back to $17,000 because the price of Bitcoin has increased to $23,547 few days ago to prepared the mind of long term investors and short term investors that bearish season is about to leave for bullish season to take over the market. If you are still waiting for the price of Bitcoin to decrease below $19,000 or $18,000 before you can buy and hold, I think you are wasting your time because the price of Bitcoin is still $23,000 for any investors to buy and wait for the price to increase higher before they can sell to make a good profits.
hero member
Activity: 3024
Merit: 629
February 16, 2023, 08:03:13 PM
#38
The price is affected when there's a good/bad news circulating around crypto and it's a common scenario that we should be used to. Because that's the nature of Bitcoin, the price can turn upward/downward unexpectedly hence it is not surprising if the price return back to $17k or break the resistance level.

Therefore you must have plan when you invest in Bitcoin. Are you going to hold for short term or long term? Choose what you think is more beneficial to you and less stress on your part. Because if you let yourself affected on the current price you might get panic and experience loss for being uncertain on what's your real plan.
hero member
Activity: 2702
Merit: 540
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February 16, 2023, 06:25:01 PM
#37


Fast decline will only be applicable if the market is truly in bad shape like there's big news hit which totally shift the mind of people from bullish to bearish. To many incident creates panic to people but this situation is different since many speculates about the bull run that might possibly happen soon. So we can guess to see a rise at the moment although there are dumps coming but this is normal since this is how bitcoin flows.
There's no news that we do have in the market lately but rather it was rather a positive one and not negative but still the market do make out some correction which just like said by others that it is really just that normal.People who are really believing that much on technicals did really make a sell out on that resistance and they did succeed on not to break that ceiling.If ever it did break then we would really be saying that this is already the bull run that we've been waiting for. On the time that we do make out some investment then it is really just normal that we should really
be prepared about volatilizes and random movements.
legendary
Activity: 2758
Merit: 1228
February 16, 2023, 05:56:13 PM
#36
Pumping and dumping is common, but today it's worth remembering because it has gone up over 11% and reached $24500, I believe February prices will touch $30k, and could be like January which was up over 40%, before prices got even more expensive then I suggest to keep buying, the increase will continue this year and maybe it will set a new price record.
There are moments like this that is insanely high rising in a very quick period. It didn't even take full 24 hours, like before it reached 24.5k, take a look at 24 hours before and then take a look at 12 hours before, it wasn't this high, which means that it was even like a few hours for it to reach this high.

That once again proves my point that I have been trying to make for years, bitcoin is something that can go up anytime, you should get in before it's too late. Too many people are "waiting" and they get in when it starts to go up and they are usually too late, if you get in when it is lower, that means you are going to make a lot more profit when it goes up.
The bad thing about fast rise or pump then im already anticipating that there would really be some fast decline which is really that very common unless if we are really that on a bull run but if not then those are just those

typical movement on a normal day but seems that there are still people who do get still surprised with these movements.Bitcoin dumping? Its not something new because if it was never been that volatile
then people would be finding it not really that interesting at all.They wont really be wasting up their times on something that cant make them money.

On the time you had step your foot into this market then you should really be preparing yourself on something like this.

Fast decline will only be applicable if the market is truly in bad shape like there's big news hit which totally shift the mind of people from bullish to bearish. To many incident creates panic to people but this situation is different since many speculates about the bull run that might possibly happen soon. So we can guess to see a rise at the moment although there are dumps coming but this is normal since this is how bitcoin flows.
hero member
Activity: 2170
Merit: 575
February 16, 2023, 04:23:19 PM
#35
These type of topics and the increases that following these topics are a curious matter. People see it going down, and instead of thinking "well if it is going down then it must go up soon enough" and not be happy about it, but they are mainly upset. We can see right now that it is not doing anything bad, it has already reached 24.5k which is a good price to be, better than most of last year, and we are going to see it go up even more this year I suppose, we just need to be patient about it. I believe that it is going to not even take that long, in a month or two we will probably crack over 30k for sure.
hero member
Activity: 3010
Merit: 794
February 16, 2023, 04:18:28 PM
#34
Pumping and dumping is common, but today it's worth remembering because it has gone up over 11% and reached $24500, I believe February prices will touch $30k, and could be like January which was up over 40%, before prices got even more expensive then I suggest to keep buying, the increase will continue this year and maybe it will set a new price record.
There are moments like this that is insanely high rising in a very quick period. It didn't even take full 24 hours, like before it reached 24.5k, take a look at 24 hours before and then take a look at 12 hours before, it wasn't this high, which means that it was even like a few hours for it to reach this high.

That once again proves my point that I have been trying to make for years, bitcoin is something that can go up anytime, you should get in before it's too late. Too many people are "waiting" and they get in when it starts to go up and they are usually too late, if you get in when it is lower, that means you are going to make a lot more profit when it goes up.
The bad thing about fast rise or pump then im already anticipating that there would really be some fast decline which is really that very common unless if we are really that on a bull run but if not then those are just those

typical movement on a normal day but seems that there are still people who do get still surprised with these movements.Bitcoin dumping? Its not something new because if it was never been that volatile
then people would be finding it not really that interesting at all.They wont really be wasting up their times on something that cant make them money.

On the time you had step your foot into this market then you should really be preparing yourself on something like this.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
February 16, 2023, 04:06:34 PM
#33
Pumping and dumping is common, but today it's worth remembering because it has gone up over 11% and reached $24500, I believe February prices will touch $30k, and could be like January which was up over 40%, before prices got even more expensive then I suggest to keep buying, the increase will continue this year and maybe it will set a new price record.
There are moments like this that is insanely high rising in a very quick period. It didn't even take full 24 hours, like before it reached 24.5k, take a look at 24 hours before and then take a look at 12 hours before, it wasn't this high, which means that it was even like a few hours for it to reach this high.

That once again proves my point that I have been trying to make for years, bitcoin is something that can go up anytime, you should get in before it's too late. Too many people are "waiting" and they get in when it starts to go up and they are usually too late, if you get in when it is lower, that means you are going to make a lot more profit when it goes up.
hero member
Activity: 1344
Merit: 540
February 16, 2023, 03:10:19 PM
#32
Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

Bitcoin has bounced back strongly and is now heading towards the $25k target. You might be proven wrong this time but you can learn from this that going against Bitcoin is not always pleasant.

However, Bitcoin is yet to break the $25k strong zone at full power, so now Bitcoin may give traders more time here for the next push. But anything can happen in the crypto market, even your target and maybe someday, who knows.

It did touch $25k already in the last couple of hours, although the break out is not that strong as we did go below it very quick, maybe there are speculators who sell on that price to take profit.

Nevertheless, I do believed that later on, we will see that price again again and then we will have a sustain run.

And it's good for those who have hold and didn't sell and keep on buying when the price hit $15k a few months ago.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
February 16, 2023, 12:24:40 PM
#31
Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

Bitcoin has bounced back strongly and is now heading towards the $25k target. You might be proven wrong this time but you can learn from this that going against Bitcoin is not always pleasant.

However, Bitcoin is yet to break the $25k strong zone at full power, so now Bitcoin may give traders more time here for the next push. But anything can happen in the crypto market, even your target and maybe someday, who knows.
hero member
Activity: 2604
Merit: 816
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February 16, 2023, 11:38:45 AM
#30
Pumping and dumping is common, but today it's worth remembering because it has gone up over 11% and reached $24500, I believe February prices will touch $30k, and could be like January which was up over 40%, before prices got even more expensive then I suggest to keep buying, the increase will continue this year and maybe it will set a new price record.
Bitcoin is almost touching $25k but it is not strong enough to break through $25k and will take time to break through. But it will be passed by bitcoin either this month or next. And step by step, it makes bitcoin stronger to start increasing and even though there will still be a correction, it won't weaken bitcoin but will provide an opportunity for bitcoin to increase. If you want to buy, make sure you buy during a correction because there is a possibility that the price drop will deepen, which is a good time to buy more bitcoins.
sr. member
Activity: 1484
Merit: 254
February 15, 2023, 08:58:19 PM
#29
Pumping and dumping is common, but today it's worth remembering because it has gone up over 11% and reached $24500, I believe February prices will touch $30k, and could be like January which was up over 40%, before prices got even more expensive then I suggest to keep buying, the increase will continue this year and maybe it will set a new price record.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
February 15, 2023, 06:00:02 PM
#28
Pumps and dumps are part of its nature of market price volatility and factors affecting this are actions of selling and buying which are determinants of its demand. For some reasons, we are seeing green marks filling the market at this moment so therefore, the demand is high and is affected by different reasons. Are we now seeing a bullmarket? Hard to conclude at this early. As far as I know, there ain't no strong support for the increase right now so corrections may still possibly occur. The price could still dump once majority of investors choose to chill down because of the idea that this is not a bull market yet. Not unless there would be a news to negatively affect the demand, which would make the possible dump bigger. That's just how this market works; revolves around demand.
hero member
Activity: 2814
Merit: 553
February 15, 2023, 12:47:19 AM
#27
Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

Are we supposed to be asking in surprise if Bitcoin goes the other way and start pumping? Lol.
Nobody can even tell your right or anyone is right with their predictions and assumptions. So, basically the reason why Bitcoin is dropping again is because people are selling and their could be a lot of reasons why they sold, that's not easy to analyse and come up with a conclusion as to why.
legendary
Activity: 2716
Merit: 1383
February 15, 2023, 12:01:41 AM
#26
Bitcoin Started Dumping again  
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
Not every single downward movement of bitcoin is a dump and not every single upward movement is a pump, bitcoin is not dumping, it is just a small correction which was to be expected as the price has been relatively stable for some time and it was unable to surpass 24k after several attempts, it has become clear that the market is not ready for such levels at the moment and the price went down as a result of this realization by the traders, but do not worry, bitcoin is still trading at 22k and it does not seem as if it could go much lower than that over the short term.
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
February 14, 2023, 11:13:12 PM
#25
The news lately that has been making headlines is now BUSD is considered an unregistered security by the SEC. Now how they came up with that I wouldn’t understand. We had USDT for years and they never considered it a security but now all of a sudden they are going after Binance. Before this it was kraken getting sued for the staking  being considered an unregistered security.

However FTX went completely under the radar and those other companies which commited fraud. I will never understand how SEC think. So far Bitcoin is holding up to this news. Most will convert to Tether and move on.
I think USDT is considered a "security" if they were as business as Binance, the difference is that USDT is not a company based out of USA, but binance.us is, and they are owned by Binance, and they control the whole of BUSD, not the same thing.

Obviously still terrible that they could make it like that, and I think they are basically saying "if we can't control you, we will punish you" and nothing more, and CZ knows this and will move towards more VPN side and not really care about what they say, because freedom to do whatever you want instead of doing what government wants will be a better profit maker for them. This is why they do not look worried about this at all.

BUSD is a partnership between Binance and Paxos, Paxos is the issuer and has full rights to BUSD, not finance. The SEC seems to be using its power to suppress, they haven't given any concrete evidence in this case, I don't think this story will go anywhere. What stopped BUSD was that Paxos was being investigated by NYDFS, and it was NYDFS that forced Paxos Trust to stop providing BUSD services.
It seems that the regulators have seen the potential and profits that cryptocurrencies bring, and they are looking to enter the market and control it.
hero member
Activity: 3010
Merit: 794
February 14, 2023, 06:40:42 PM
#24
Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
Bitcoin increment doesn't have specific time it will experience increment or decrements, i believe that Bitcoin since the existence of Bitcoin the price never be stagnant, so the price going down simultaneously, their is every tendency that the price will increase at any point in time. So i believe that Bitcoin price will not be stable and it will be experiencing both increment and decrement until we enters 2024 were will bitcoin bullish will stand.
If it was stagnant then people wont really be showing up interest and same goes into those stablecoins out there.We do know on what are the opportunities that it gives when we do speak about moving prices which we

can really take advantage and make profits out of it but of course it does impose risks on losing too.This is why whenever you have decided to make involvement with Bitcoin or cryptocurrencies as a whole
then you should really be making yourself get prepared for it.

Dumps and pumps are really that common and you should really be prepared for it because if not then you would be ending up on losing big time.
hero member
Activity: 1666
Merit: 723
Enjoy 500% bonus + 70 FS
February 14, 2023, 05:11:56 PM
#23
Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
Bitcoin increment doesn't have specific time it will experience increment or decrements, i believe that Bitcoin since the existence of Bitcoin the price never be stagnant, so the price going down simultaneously, their is every tendency that the price will increase at any point in time. So i believe that Bitcoin price will not be stable and it will be experiencing both increment and decrement until we enters 2024 were will bitcoin bullish will stand.
legendary
Activity: 2772
Merit: 1127
February 14, 2023, 03:46:02 PM
#22
Dumping? You talk of Bitcoin as if it is another pump and dump shitcoin. Bitcoin's price has always been unpredictable. It suddenly leaps high without anybody expecting. It could go sideways when everybody is bullish. It could fall just when people are expecting that the market is already bullish.

What exactly do you mean Bitcoin is dumping? The price remains above $21,000. Just a month ago, it was just at around $17,000. But what now if it falls back to $17,000? It means a better buying opportunity has come back and we should make the most of it.
Op referred as dumping because with last wave we have tested above $24k and most people do assume that  bitcoin is supposed to be at $24k right now. I am only not sure if this dump that we are feeling now will continue below $20k because the price seems holding strong on $21k. It would be better if the OP can give a reason if why he is so sure that $17k for Bitcoin is guaranteed to happen. Bitcoin is not a shitcoin but it can also pump and dump.

The only difference of BTC to a shitcoin is that BTC can always pumped up again after each dump while there's a tendency that a shitcoin can only dump continuously right after a pump. Everyone expects BTC to skyrocket but the more we expect it, the more the price will troll us. I think if we want the price to rise, we should expect that it will dump more.
legendary
Activity: 3094
Merit: 1127
February 14, 2023, 03:34:53 PM
#21
Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
Everyone is really that aware about and keep their eye on CPI report.
https://www.cnbc.com/2023/02/14/consumer-price-index-january-2023-.html

So turns out to be having that 6.4% which lots had been expecting for some dump if ever this happens but we've seen that bitcoin touches up 22k once again.
So market fundamentals doesnt precisely affect but we cant really be that confident though because we do really have that so called after effects.  Cheesy
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