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Topic: Why dumps are important (Read 4775 times)

newbie
Activity: 16
Merit: 0
May 24, 2017, 06:38:00 PM
Dumping is not usually a good thing but its important because people need to take profits. dumping will give another opportunity for us to buy more bitcoins and accumulate even more bitcoins and gain even more profit.
sr. member
Activity: 1484
Merit: 253
May 24, 2017, 06:31:54 PM

It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually.

This point is something which made me think twice.
How can you say it is only via dumping that bitcoin will be spread to new people in smaller proportion and will make everyone price taker? It is already 8 years of bitcoin and I think there are barely (<1%) investors who have significant reserves of bitcoin.
Now suppose, price of bitcoin keeps roaring. New independent traders want to enter market to make profits with flow. They tried buying bitcoin at present price and raise demand. Demand increases, price increases. Dump philosophy hasn't come anywhere, we are already much equal.

It is because when dump occur those who are hesitant to get in or buy bitcoin will see that it is a chance to buy bitcoin at lower price.  They will definitely scoop some bitcoin and these people will then join the Bitcoin community.  Not all investors will buy at a rising price.  Most of them are waiting for either correction or dump to get in so they can rake more profit.

Yeah we should really need to dump bitcoins in order to harvest what we’ve invested and struggled to hold for a long period of time. This should be done in order to give also a privilege to others to buy and law of supply and demand will really take effect in time, that’s why it needs to happen with our bitcoin price and new investors will buy and hold for another months. If the price will decrease during fluctuations it will result to make quick sellers to sell immediately, and those buyers waited for cheaper price will now make their moves to but bitcoins for profitable purpose of holding it in their wallet.
full member
Activity: 462
Merit: 101
https://saturn.black
May 24, 2017, 12:40:40 PM
I think dumps are the best chance for us to buy coins which we like with a cheap price than ever. And moreover, with a dumps, we can ensure that it is a preparation for a next pump

Of course this is a wonderful time to buy a lot of coins at a cheap price and wait for the rise to profit from the price increase.
sr. member
Activity: 448
Merit: 251
May 24, 2017, 12:37:18 PM
I think dumps are the best chance for us to buy coins which we like with a cheap price than ever. And moreover, with a dumps, we can ensure that it is a preparation for a next pump
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 24, 2017, 12:24:16 PM

It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually.

This point is something which made me think twice.
How can you say it is only via dumping that bitcoin will be spread to new people in smaller proportion and will make everyone price taker? It is already 8 years of bitcoin and I think there are barely (<1%) investors who have significant reserves of bitcoin.
Now suppose, price of bitcoin keeps roaring. New independent traders want to enter market to make profits with flow. They tried buying bitcoin at present price and raise demand. Demand increases, price increases. Dump philosophy hasn't come anywhere, we are already much equal.

It is because when dump occur those who are hesitant to get in or buy bitcoin will see that it is a chance to buy bitcoin at lower price.  They will definitely scoop some bitcoin and these people will then join the Bitcoin community.  Not all investors will buy at a rising price.  Most of them are waiting for either correction or dump to get in so they can rake more profit.

And what about those believers who are eagerly waiting for price crash? If bitcoin gonna fall by $500-700 within few days, mind me it will bring some opposite results as giants will try to accumulate more btc because they know btc will rise sooner or later

We have already been there, many times (in relative terms)

If today's prices fall 700 dollars tomorrow, the Bitcoin price will be at over 1,600 dollars per coin, and I can assure you a lot of ordinary Bitcoin folks will be happy to pour more of their fiat savings into Bitcoin. The problem is that Bitcoin is highly unlikely to crash nowadays that much within so short a time without a true cause (i.e. due to sheer market speculation or manipulation), though this doesn't mean that it is completely impossible as such. If, nevertheless, this still happens due to some really threatening event, the giants you refer to will be the last to jump on the Bitcoin bandwagon in that case
sr. member
Activity: 392
Merit: 250
May 24, 2017, 11:44:46 AM

It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually.

This point is something which made me think twice.
How can you say it is only via dumping that bitcoin will be spread to new people in smaller proportion and will make everyone price taker? It is already 8 years of bitcoin and I think there are barely (<1%) investors who have significant reserves of bitcoin.
Now suppose, price of bitcoin keeps roaring. New independent traders want to enter market to make profits with flow. They tried buying bitcoin at present price and raise demand. Demand increases, price increases. Dump philosophy hasn't come anywhere, we are already much equal.

It is because when dump occur those who are hesitant to get in or buy bitcoin will see that it is a chance to buy bitcoin at lower price.  They will definitely scoop some bitcoin and these people will then join the Bitcoin community.  Not all investors will buy at a rising price.  Most of them are waiting for either correction or dump to get in so they can rake more profit.

And what about those believers who are eagerly waiting for price crash? If bitcoin gonna fall by $500-700 within few days, mind me it will bring some opposite results as giants will try to accumulate more btc because they know btc will rise sooner or later.
It is healthy for bitcoin economics that new buyer/sellers enter through inflatory prices.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 24, 2017, 11:37:24 AM
This is just a theory, so bear with me (constructive criticism is welcome)

And this theory asserts that Bitcoin dumps like what we've seen recently (i.e. today and right after the rejection of the Winklevoss ETF by the SEC) contribute to more even Bitcoin distribution over time and will help stabilize prices in the future (read make Bitcoin growth more consistent). What real world facts is this theory based on? We know that initially there were only a few users (so-called early adopters) who held the majority of coins, so they could easily move the price by dumping their stashes (at least, some part thereof). In the case of the lack of major news (either positive or negative), the price is pretty stable right now. So the only viable explanation for all of a sudden price crashes is most likely someone dumping huge amounts of coins (maybe, the bros themselves). This causes the price to plunge (even if momentarily). It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually. That's basically why dumps are important since they are caused via massive sell-offs by a relatively small number of large Bitcoin holders and get absorbed by the market

In my assessment about this things, dumps is very significant in trading world. Because, it the gateway for the small capitalist who'd like to invest in the altcoin who become drop the price value. That's why many of the traders get their profit of bitcoin because of dump and pump.  Cheesy
ofcourse it is very significant in trading world. Trading wouldnt be profitable to others if there is no dump to the altcoins ,even in btc. Dumps are very important to traders because if a dump happen that is the time they will buy some coins and sell it when it pumps
sr. member
Activity: 854
Merit: 252
May 24, 2017, 11:24:32 AM
This is just a theory, so bear with me (constructive criticism is welcome)

And this theory asserts that Bitcoin dumps like what we've seen recently (i.e. today and right after the rejection of the Winklevoss ETF by the SEC) contribute to more even Bitcoin distribution over time and will help stabilize prices in the future (read make Bitcoin growth more consistent). What real world facts is this theory based on? We know that initially there were only a few users (so-called early adopters) who held the majority of coins, so they could easily move the price by dumping their stashes (at least, some part thereof). In the case of the lack of major news (either positive or negative), the price is pretty stable right now. So the only viable explanation for all of a sudden price crashes is most likely someone dumping huge amounts of coins (maybe, the bros themselves). This causes the price to plunge (even if momentarily). It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually. That's basically why dumps are important since they are caused via massive sell-offs by a relatively small number of large Bitcoin holders and get absorbed by the market

In my assessment about this things, dumps is very significant in trading world. Because, it the gateway for the small capitalist who'd like to invest in the altcoin who become drop the price value. That's why many of the traders get their profit of bitcoin because of dump and pump.  Cheesy
legendary
Activity: 2954
Merit: 1153
May 24, 2017, 11:02:21 AM

It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually.

This point is something which made me think twice.
How can you say it is only via dumping that bitcoin will be spread to new people in smaller proportion and will make everyone price taker? It is already 8 years of bitcoin and I think there are barely (<1%) investors who have significant reserves of bitcoin.
Now suppose, price of bitcoin keeps roaring. New independent traders want to enter market to make profits with flow. They tried buying bitcoin at present price and raise demand. Demand increases, price increases. Dump philosophy hasn't come anywhere, we are already much equal.

It is because when dump occur those who are hesitant to get in or buy bitcoin will see that it is a chance to buy bitcoin at lower price.  They will definitely scoop some bitcoin and these people will then join the Bitcoin community.  Not all investors will buy at a rising price.  Most of them are waiting for either correction or dump to get in so they can rake more profit.
sr. member
Activity: 392
Merit: 250
May 24, 2017, 10:24:56 AM

It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually.

This point is something which made me think twice.
How can you say it is only via dumping that bitcoin will be spread to new people in smaller proportion and will make everyone price taker? It is already 8 years of bitcoin and I think there are barely (<1%) investors who have significant reserves of bitcoin.
Now suppose, price of bitcoin keeps roaring. New independent traders want to enter market to make profits with flow. They tried buying bitcoin at present price and raise demand. Demand increases, price increases. Dump philosophy hasn't come anywhere, we are already much equal.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 24, 2017, 10:13:51 AM
In my own opinion dumps are important where to make an good profit when the altcoins are decreasing you need to buy once you already buy then wait for the price to be increase this is the main reason why the coins are being dumped and then pumped in the end.
and specially for short period investors as hey can get good opportunities for making good amount of bitcoin fro trading if there is some fluctuation in the price of bitcoin .

yeah that's right. if they price continues to pump, there won't be any good time to replenish btcs since it would be too expensive and not worth it to buy anymore. better to just buy other altcoins and focus on trading with them instead while the price is consistently going up

This doesn't work any more

Altcoins today are pumped along with Bitcoin like there's no tomorrow for any of them. Therefore, if you run out of bitcoins and Bitcoin continues to get pumped, you will still have to buy any other decent coin which would be rising too. So it is all six of one and half a dozen of the other. The market obviously wants you to buy shit coins, there is always free place for you to hold the shitbag. You are always welcome to the shit club!
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
May 24, 2017, 04:53:46 AM
In my own opinion dumps are important where to make an good profit when the altcoins are decreasing you need to buy once you already buy then wait for the price to be increase this is the main reason why the coins are being dumped and then pumped in the end.
and specially for short period investors as hey can get good opportunities for making good amount of bitcoin fro trading if there is some fluctuation in the price of bitcoin .

yeah that's right. if they price continues to pump, there won't be any good time to replenish btcs since it would be too expensive and not worth it to buy anymore. better to just buy other altcoins and focus on trading with them instead while the price is consistently going up
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
May 20, 2017, 08:44:21 AM
A good speculation.
I will agree with the independent users who sold there coins.
Looking at how large the price of bitcoin is they are the easy targets to make them sell their coins.
When you add up every person who did it. That can create a wave making bitcoin fall a little.
But still I see that there are people who are willing to risk and wait for another up.
sr. member
Activity: 448
Merit: 250
May 20, 2017, 08:38:59 AM
This is just a theory, so bear with me (constructive criticism is welcome)

And this theory asserts that Bitcoin dumps like what we've seen recently (i.e. today and right after the rejection of the Winklevoss ETF by the SEC) contribute to more even Bitcoin distribution over time and will help stabilize prices in the future (read make Bitcoin growth more consistent). What real world facts is this theory based on? We know that initially there were only a few users (so-called early adopters) who held the majority of coins, so they could easily move the price by dumping their stashes (at least, some part thereof). In the case of the lack of major news (either positive or negative), the price is pretty stable right now. So the only viable explanation for all of a sudden price crashes is most likely someone dumping huge amounts of coins (maybe, the bros themselves). This causes the price to plunge (even if momentarily). It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually. That's basically why dumps are important since they are caused via massive sell-offs by a relatively small number of large Bitcoin holders and get absorbed by the market
This theory is great, nice topic. Even we always want to pump the price of bitcoin it will fucos only in increasing of the save bitcoin. How about if they want to get a bitcoin so we need the low price to buy bitcoin to make a profit. Dump is a part of bitcoin market because of being not stable of the bitcoin price, this is the reason why bitcoin gives excitement to every one also in the investor.

Bitcoin market is a great idea, with the price, investor can use this as business. And because of this the demand and supply depends on our investor. So the dump and pump is based on investors who want to take a profit.
sr. member
Activity: 714
Merit: 261
May 20, 2017, 05:54:20 AM
This is just a theory, so bear with me (constructive criticism is welcome)

And this theory asserts that Bitcoin dumps like what we've seen recently (i.e. today and right after the rejection of the Winklevoss ETF by the SEC) contribute to more even Bitcoin distribution over time and will help stabilize prices in the future (read make Bitcoin growth more consistent). What real world facts is this theory based on? We know that initially there were only a few users (so-called early adopters) who held the majority of coins, so they could easily move the price by dumping their stashes (at least, some part thereof). In the case of the lack of major news (either positive or negative), the price is pretty stable right now. So the only viable explanation for all of a sudden price crashes is most likely someone dumping huge amounts of coins (maybe, the bros themselves). This causes the price to plunge (even if momentarily). It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually. That's basically why dumps are important since they are caused via massive sell-offs by a relatively small number of large Bitcoin holders and get absorbed by the market

After reading your post I've voted "Yes, they are". You have a good point, I have never thought about this issue that way. If you are right, and hopefully you are, the dumps work to the benefit of Bitcoin because it is dumped by a few and adopted by many.

Right now I can witness the confirmation of your theory on a Bitcoin exchanger I use: many people are buying BTC for the amounts from $10 to $30, and I'm pretty sure big part of them are buying their first Bitcoins now.

This will also help bitcoin ecosystem to get refreshed stone to time so that making it healthy. But not everybody dumps their large volumes making it unstable economy. If all the small coop comes together and decide to do a big dump then it can really help. Also they should do it in timely manner so that the bitcoin will keep raising when purchased by many of us.
hero member
Activity: 630
Merit: 500
March 26, 2017, 05:29:04 PM
In my own opinion dumps are important where to make an good profit when the altcoins are decreasing you need to buy once you already buy then wait for the price to be increase this is the main reason why the coins are being dumped and then pumped in the end.
and specially for short period investors as hey can get good opportunities for making good amount of bitcoin fro trading if there is some fluctuation in the price of bitcoin .
full member
Activity: 188
Merit: 100
March 26, 2017, 01:13:53 PM
Thats a very interesting theory I will look more into it. That could prove useful in knowing what the current climate of the market is especially these days of uncertainty.
Do you think that the situation may change for the better or become more stable and understandable? I do not think so. Look at what is happening in the financial market and how the world economy is. People are almost driven into slavery to financial structures and this is done with their citizens, their own government. So I do not believe in the best circumstances in the world.

I do not believe that either. All people now depend on the government and on the maternity currency. They are forced to pay big taxes and commissions. Crypto currency can change people's lives for the better. That's why it needs to be popularized
sr. member
Activity: 632
Merit: 250
March 26, 2017, 09:53:48 AM
Thats a very interesting theory I will look more into it. That could prove useful in knowing what the current climate of the market is especially these days of uncertainty.
Do you think that the situation may change for the better or become more stable and understandable? I do not think so. Look at what is happening in the financial market and how the world economy is. People are almost driven into slavery to financial structures and this is done with their citizens, their own government. So I do not believe in the best circumstances in the world.
sr. member
Activity: 868
Merit: 259
March 26, 2017, 04:04:10 AM
Thats a very interesting theory I will look more into it. That could prove useful in knowing what the current climate of the market will be especially these days of uncertainty.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
March 25, 2017, 05:39:30 AM
I think I explained it pretty well

If you didn't quite understand it, here's another explanation. Volatility by definition means that the price moves in both directions. If the price does move in only one direction (for example, rising without rest), such price change can hardly be considered as volatility. Volatility is like a coin, it always has two sides and I have yet to see a genuine Möbius coin (and I obviously don't mean a shit coin which has taken this name). Given that, we necessarily should conclude that if the price rise gives birth to new whales, then the price decline should destroy them (conceptually)

I think I get it now. When you mean whales, do you mean whales in fiat value and not whales in the amount of BTC they have? If thats what you meant then I agree with what you said and theres no more explanations needed. I thought you meant more whales with the amount of BTC they are holding in their wallets.

That would also mean that if there will be more whales, then would therefore mean the present whales will become mega whales

Something to that tune

Though I didn't mean whales as measured in terms of either fiat or bitcoin. By whales I mean the traders or Bitcoin holders who can significantly affect the Bitcoin price. If Bitcoin price rises the fiat equivalent of the stashes held by them obviously rises too but it is ultimately inconsequential since even if the fiat assessment of their funds remains constant that doesn't in the least mean that their influence should necessarily remain the same. For example, there may be just less demand and supply with the price staying essentially the same (i.e. the fiat value of these traders' funds doesn't change either) but their influence will nevertheless increase (and vice versa)
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