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Bitcoin => Bitcoin Discussion => Topic started by: Coollikethat on November 29, 2017, 06:03:41 PM



Title: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 06:03:41 PM
2 flash crashes last night about 800 points each and then a 1000 pt today?  Do you know how much capital it would take to do that? Is the government  testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away?  To setup a master plan for long term damage to the market?


I thought last night was crazy. but today??



Title: Re: Volatility - Somebody is fucking around.
Post by: Iranus on November 29, 2017, 06:08:07 PM
All changes in price show the volatility in a market, not just the negative ones.

I would argue that the price rising by around 20% in two days is extreme volatility, and the price experiencing slight corrections or moving around barely change how crazily volatile that is at all.

Your conspiracy theories are completely unwarranted, which makes me think you're entirely irrational.  If so, you'll be one of the first investors to leave in the next bear market.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 06:12:51 PM
it seem somebody took huge positions which drove the price up then pulled out what seems to be the entire amount out which brought it down faster than it went up. . At any rate, i love bear markets because I buy in near the bottom and make a killing margin trading.

That said, this mornings was the largest flash crash to date. It was definitely not individual traders making the market move like that.

Im am not irrational. I am full time trader and thus highly analytical.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 06:31:17 PM

The powers that be have a tremendous amount on the line so the theory is not far fetched. . If I was them, that is what I would do.  Push large sums in and out just to determine how fast and how much money is actually flowing in.

Another possiblity is that an institutionl (whale whatever) trader could be manipulating the market for a profit.

They would stand to make a killing on the pump PLUS more way more profit on the margin side in the process.

Say it took $100m (guessing on the amount) to pump the market 10%. They would make money on the pump on a regular trade PLUS another say 50x that on the margin side just on the way up.  Then ANOTHER 50x that on the way down margin trading.

There is always an underlying explanation for volatility.


.......


Title: Re: Volatility - Somebody is fucking around.
Post by: LeGaulois on November 29, 2017, 06:42:36 PM
I heard that someone on GDAX accidentally sold +100 BTC for 87€ each. Jesus Christ! It's about $1000 for 100 BTC. In another word, the guy is not a millionaire anymore. Can it be a reason?
This say, we have seen Bitcoin losing about 30% in less than 24h before, so now losing 10% is peanut, especially when it will be back tomorrow


Title: Re: Volatility - Somebody is fucking around.
Post by: CryptosapienZA on November 29, 2017, 06:50:04 PM
I heard that someone on GDAX accidentally sold +100 BTC for 87€ each. Jesus Christ! It's about $1000 for 100 BTC. In another word, the guy is not a millionaire anymore. Can it be a reason?
This say, we have seen Bitcoin losing about 30% in less than 24h before, so now losing 10% is peanut, especially when it will be back tomorrow

Goddamn thats a freaken expensive mistake.. I hope thats not true. I cant stand billionnaires but i still dont like when bad things happen to them.


Title: Re: Volatility - Somebody is fucking around.
Post by: HabBear on November 29, 2017, 07:07:53 PM
2 flash crashes last night about 800 points each and then a 1000 pt today?  Do you know how much capital it would take to do that? Is the government  testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away?  To setup a master plan for long term damage to the market?


I thought last night was crazy. but today??

These moves represent less than 10% of market value, they're typical for Bitcoin. In theory it's the same quantity of voins being bought/sold, you just have a greater base huying and holding, which is driving market value up overall.

The volume moving is no different than what creates a $400 swing off a $5000 base.

I don't think any unusual activity is going on.


Title: Re: Volatility - Somebody is fucking around.
Post by: CircularLoGic on November 29, 2017, 07:14:26 PM
2 flash crashes last night about 800 points each and then a 1000 pt today?  Do you know how much capital it would take to do that? Is the government  testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away?  To setup a master plan for long term damage to the market?


I thought last night was crazy. but today??



Is not necessary the goverment who's behind of the market, the may be groups of bag holders and or simply exchangers owners, Bittrex is having liquity issues and seems like a lot of people is having issues to withdrawn theyr funds. Is like all BTC there are stuck and don't move out of the exchanger and that' may be the reason why the price went up that high. Anyway, from your side very nice speculation I just more into there are millionares playing with the price more then goverments.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 07:20:06 PM
im looking for a drop to between 7500 and 8200  + or - within a week then the fun begins again ;)


Title: Re: Volatility - Somebody is fucking around.
Post by: JTPhotography on November 29, 2017, 07:29:47 PM
I’ve been watching all day and bought when it just hit that downward spike.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 07:41:18 PM
im looking for a drop to between 7500 and 8200  + or - within a week then the fun begins again ;)

....ok maybe in a couple of day. I love this ;)


Title: Re: Volatility - Somebody is fucking around.
Post by: cindygirl on November 29, 2017, 07:45:10 PM
2 flash crashes last night about 800 points each and then a 1000 pt today?  Do you know how much capital it would take to do that? Is the government  testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away?  To setup a master plan for long term damage to the market?


I thought last night was crazy. but today??



I think there's just a lot of uncertainty at the moment about where the price actually belongs as well as a large group of people holding but now looking to profit by selling close to the top. There was just a huge swing in the last hour or so with over $30m traded on bittrex alone usdt/btc, that's more than in the last 10 or so hours combined. Great times for swing traders.


Title: Re: Volatility - Somebody is fucking around.
Post by: Palmerson on November 29, 2017, 08:00:40 PM
Bitcoin always trying new high and then rolled back. It seems to me that therefore whales check the solvency of users. Now bitcoin some time will stay at the level 9000-10000 dollars. Then it will jump to $ 12,000. Reserves there. The psychological barrier is passed. The most important thing. Now $ 12,000 this year does not seem unattainable.


Title: Re: Volatility - Somebody is fucking around.
Post by: Iranus on November 29, 2017, 08:05:35 PM
Another possiblity is that an institutionl (whale whatever) trader could be manipulating the market for a profit.
Have a look at the theory that USD Tether and Bitfinex are manipulating the market.  It's not certain, but some decent reasoning about it is outlined here (https://www.google.co.uk/amp/s/amp.reddit.com/r/Buttcoin/comments/7g05rk/bitfinex_admits_tether_has_no_usd_backing_there/), and it's possible that they would have more power over the market than it appears on the surface.
PLUS another say 50x that on the margin side just on the way up.  Then ANOTHER 50x that on the way down margin trading.
There's a lot of discussion about the possibility of Bitcoin futures trading from major groups.  If it happens, that could certainly open the gates for some pretty crazy manipulation.

Currently, it's also quite hard to get very significant margin on BTC (understandably).
If I was them, that is what I would do.  Push large sums in and out just to determine how fast and how much money is actually flowing in.
Don't you think the existing statistics on volume (like on coinmarketcap) would be enough for them to analyse the market before orchestrating something like that?


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 08:29:41 PM
Another possiblity is that an institutionl (whale whatever) trader could be manipulating the market for a profit.
Have a look at the theory that USD Tether and Bitfinex are manipulating the market.  It's not certain, but some decent reasoning about it is outlined s/amp.reddit.com/r/Buttcoin/comments/7g05rk/bitfinex_admits_tether_has_no_usd_backing_there/]here (https://www.[Suspicious link removed), and it's possible that they would have more power over the market than it appears on the surface.
PLUS another say 50x that on the margin side just on the way up.  Then ANOTHER 50x that on the way down margin trading.
There's a lot of discussion about the possibility of Bitcoin futures trading from major groups.  If it happens, that could certainly open the gates for some pretty crazy manipulation.

Currently, it's also quite hard to get very significant margin on BTC (understandably).
If I was them, that is what I would do.  Push large sums in and out just to determine how fast and how much money is actually flowing in.
Don't you think the existing statistics on volume (like on coinmarketcap) would be enough for them to analyse the market before orchestrating something like that?


That post on tether is interesting! It sounds like we are at the mercy of the guys that are behind it. Hope they are honest.


Bitcoin futures can already be traded on at least a dozen site. Bitmex.com probably the best and largest $3,000,000,000 traded in the last 24 hours making it the larget btc exchange in existence.  $1m btc with 50x margin = $50m to trade . If the market moves 10% that would be a $5m profit. So the above example means theoretically somebody with enough cash to move the market up 10% and then back down 10% can make a huge profit $5m x two. And you can trade up to 100x  leverage on Bitmex.


I think if you push enough volume in and out, you can determine how many $$$ moves the market what % . Armed with that info you could lots of things depending on who you are and what you want to do.



Title: Re: Volatility - Somebody is fucking around.
Post by: FrobTeam on November 29, 2017, 08:36:41 PM
Whale groups or a major whale group is having its fun now. This is what is going on or a price correction most likely.


Title: Re: Volatility - Somebody is fucking around.
Post by: killat on November 29, 2017, 08:40:06 PM
Problem is that the other Altcoins are dropping, too.


Title: Re: Volatility - Somebody is fucking around.
Post by: ChrisPop on November 29, 2017, 08:43:14 PM
2 flash crashes last night about 800 points each and then a 1000 pt today?  Do you know how much capital it would take to do that? Is the government  testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away?  To setup a master plan for long term damage to the market?


I thought last night was crazy. but today??

You need to get used to this kind of price fluctuations. When the price will be $50,000 it will be a common thing to have thousands of dollars in daily price variations. $1000 is like 10% volatility at current price so that's not very much from my point of view. Anyway bitcoin is still in need of a retrace so I believe it will climb down to about $7000-$7500 before rallying up again.


Title: Re: Volatility - Somebody is fucking around.
Post by: Dan D. Lion on November 29, 2017, 08:44:38 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.


Title: Re: Volatility - Somebody is fucking around.
Post by: SchlaWinner on November 29, 2017, 08:45:24 PM
"somebody"

people buy btc

people sell btc

price rises too fast - people buy loads

after that people sell loads - price drops


its no witchcraft


Title: Re: Volatility - Somebody is fucking around.
Post by: klarki on November 29, 2017, 08:47:00 PM
Another possiblity is that an institutionl (whale whatever) trader could be manipulating the market for a profit.
Have a look at the theory that USD Tether and Bitfinex are manipulating the market.  It's not certain, but some decent reasoning about it is outlined here (https://www.google.co.uk/amp/s/amp.reddit.com/r/Buttcoin/comments/7g05rk/bitfinex_admits_tether_has_no_usd_backing_there/), and it's possible that they would have more power over the market than it appears on the surface.
PLUS another say 50x that on the margin side just on the way up.  Then ANOTHER 50x that on the way down margin trading.
There's a lot of discussion about the possibility of Bitcoin futures trading from major groups.  If it happens, that could certainly open the gates for some pretty crazy manipulation.

Currently, it's also quite hard to get very significant margin on BTC (understandably).
If I was them, that is what I would do.  Push large sums in and out just to determine how fast and how much money is actually flowing in.
Don't you think the existing statistics on volume (like on coinmarketcap) would be enough for them to analyse the market before orchestrating something like that?


At least it explains the current spikes in the market.


Title: Re: Volatility - Somebody is fucking around.
Post by: -ck on November 29, 2017, 08:49:41 PM
I heard that someone on GDAX accidentally sold +100 BTC for 87€ each. Jesus Christ! It's about $1000 for 100 BTC. In another word, the guy is not a millionaire anymore. Can it be a reason?
That sounds fake. Most exchanges will sell at the current lowest price even if you set it much lower.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 08:53:25 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.


Title: Re: Volatility - Somebody is fucking around.
Post by: Dan D. Lion on November 29, 2017, 08:59:08 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves. 


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 09:02:13 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves.  

yes you can . google "technical analysis".

edit: https://www.investopedia.com/terms/t/technicalanalysis.asp


Title: Re: Volatility - Somebody is fucking around.
Post by: Dan D. Lion on November 29, 2017, 09:05:28 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves. 

yes you can . google "technical analysis".

That's nonsense and you know it.  Technical analysis is a backwards-looking tool trying to understand the psychology of market moves.  If I see a shoulder and a head, there might be another shoulder, there might not.  It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 09:08:30 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves. 

yes you can . google "technical analysis".

That's nonsense and you know it.  Technical analysis is a backwards-looking tool trying to understand the psychology of market moves.  If I see a shoulder and a head, there might be another shoulder, there might not.  It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal.

oh ok *rolls eyes*

thank you for clarifying that for me.

we all know how you dont make a living now. have a nice day with you .023 btc holdings



Title: Re: Volatility - Somebody is fucking around.
Post by: JureViewly on November 29, 2017, 09:08:53 PM
Problem is that the other Altcoins are dropping, too.

I wouldn't worry about it, this is normal volatility and it happens again and again so we will have to get used to it and learn.


Title: Re: Volatility - Somebody is fucking around.
Post by: Dan D. Lion on November 29, 2017, 09:11:19 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves.  

yes you can . google "technical analysis".

That's nonsense and you know it.  Technical analysis is a backwards-looking tool trying to understand the psychology of market moves.  If I see a shoulder and a head, there might be another shoulder, there might not.  It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal.

oh ok *rolls eyes*

thank you for clarifying that for me.

we all know how you dont make a living now. have a nice day with you .023 btc holdings




There's no need to be nasty.  If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits.  No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact.


Title: Re: Volatility - Somebody is fucking around.
Post by: LeGaulois on November 29, 2017, 09:16:09 PM
I heard that someone on GDAX accidentally sold +100 BTC for 87€ each. Jesus Christ! It's about $1000 for 100 BTC. In another word, the guy is not a millionaire anymore. Can it be a reason?
That sounds fake. Most exchanges will sell at the current lowest price even if you set it much lower.

Yeah maybe, but there are exchanges that let you sell at whatever rate you want. Similar happened this summer in June with GDAX and the ETH/USD pair, with a sale of millions $ of ETH with a difference of ~30%. Then over 800 stop loss orders were here. ETH value failed up to s0.10 for some seconds.

https://image.prntscr.com/image/cjcgw2pQS36L_zIWIr4_2g.png


Title: Re: Volatility - Somebody is fucking around.
Post by: xsaints128 on November 29, 2017, 09:17:23 PM
Today the price of btc, eth and many other alts just dropped like hell. Btc fell from 11000 to 9000, ETH fell from 500 to 420. Who the fuck just fucked up the market??


Title: Re: Volatility - Somebody is fucking around.
Post by: dansmith_99 on November 29, 2017, 09:17:58 PM
It is only right that the price experience some sort of correction with the insane bull run that has been happening recently. No one seem to ask questions when the price spikes up but when it dips down suddenly is the government. Weak hands will make experienced buyers richer.


Title: Re: Volatility - Somebody is fucking around.
Post by: John Langut on November 29, 2017, 09:22:53 PM
It is only right that the price experience some sort of correction with the insane bull run that has been happening recently. No one seem to ask questions when the price spikes up but when it dips down suddenly is the government. Weak hands will make experienced buyers richer.

Except this doesn't look like a normal correction. It looks like a flash crash. Could be highly leveraged positions.


Title: Re: Volatility - Somebody is fucking around.
Post by: molecularman on November 29, 2017, 09:23:24 PM
I heard that someone on GDAX accidentally sold +100 BTC for 87€ each. Jesus Christ! It's about $1000 for 100 BTC. In another word, the guy is not a millionaire anymore. Can it be a reason?
This say, we have seen Bitcoin losing about 30% in less than 24h before, so now losing 10% is peanut, especially when it will be back tomorrow

That would be crazy.   I couldn't imagine doing something like that.   I'd be so distraught I don't know what I would do.   I feel anxious enough with I'm moving like 50 bucks from an exchange to a wallet, lol.


Title: Re: Volatility - Somebody is fucking around.
Post by: jjacob on November 29, 2017, 09:23:30 PM
Problem is that the other Altcoins are dropping, too.

That is not a problem. That is to be expected. The correlation between different cryptocurrencies (except maybe Bitcoin Cash) is very very high. When Bitcoin sneezes, the rest of the cryptoworld catches a fever.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 09:23:38 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves.  

yes you can . google "technical analysis".

That's nonsense and you know it.  Technical analysis is a backwards-looking tool trying to understand the psychology of market moves.  If I see a shoulder and a head, there might be another shoulder, there might not.  It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal.

oh ok *rolls eyes*

thank you for clarifying that for me.

we all know how you dont make a living now. have a nice day with you .023 btc holdings




There's no need to be nasty.  If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits.  No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact.


Well actually I dont have 100,000 btc but I do use tools such as TECHNICAL ANALYSIS and make an above average living trading.   There is a whole world out there you dont know about. How do you thing hedge fund and mutual funds managers make money? Go to sites like motleyfool.com + investopedia.com and educate yourself. You will be surprised what you can do with a little knowledge and a few hundred dollars in BTC and a lot of balls.  The first week I heard about bitcoin in 2013, I traded $200 on a margin site and turned it into $1200. I have not looked back since and that is now how I make my living.




Title: Re: Volatility - Somebody is fucking around.
Post by: Ermbc on November 29, 2017, 09:27:41 PM
well i stuck 12k$ btc when i just make transfer money but i cant you guys do you suggest me what to do


Title: Re: Volatility - Somebody is fucking around.
Post by: Dan D. Lion on November 29, 2017, 09:37:16 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves.  

yes you can . google "technical analysis".

That's nonsense and you know it.  Technical analysis is a backwards-looking tool trying to understand the psychology of market moves.  If I see a shoulder and a head, there might be another shoulder, there might not.  It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal.

oh ok *rolls eyes*

thank you for clarifying that for me.

we all know how you dont make a living now. have a nice day with you .023 btc holdings




There's no need to be nasty.  If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits.  No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact.


Well actually I dont have 100,000 btc but I do use tools such as TECHNICAL ANALYSIS and make an above average living trading.   There is a whole world out there you dont know about. How do you thing hedge fund and mutual funds managers make money? Go to sites like motleyfool.com + investopedia.com and educate yourself. You will be surprised what you can do with a little knowledge and a few hundred dollars in BTC and a lot of balls.  The first week I heard about bitcoin in 2013, I traded $200 on a margin site and turned it into $1200. I have not looked back since and that is now how I make my living.




Because they have access to information BEFORE the general public does.  Techanal (not rocket science, btw), fundamental analysis, access to the market movers, it's simply having and being able to act faster on information than the rank and file.   And your patronizing comments are simply not necessary.  Congratulations on your financial acumen... :-\


Title: Re: Volatility - Somebody is fucking around.
Post by: Baimovic on November 29, 2017, 09:40:10 PM
I think the volatility in financial markets is normal. and it happens in every international market. I do not know exactly how much capital is needed, in the digital world the government does not intervene to regulate. and that's not fair.


Title: Re: Volatility - Somebody is fucking around.
Post by: Raegorl on November 29, 2017, 09:41:47 PM
Bitcoin down less than one percent in the last 24hours, you also have to take that into consideration. The price swings have been huge, but there are a boatload of new investors placing their first buys and they're not yet used to the massive swings this market has (which might end up leading to FOMOing when it pumps or panic selling when it dumps even a little bit).


Title: Re: Volatility - Somebody is fucking around.
Post by: Dan D. Lion on November 29, 2017, 09:43:33 PM
I think the volatility in financial markets is normal. and it happens in every international market. I do not know exactly how much capital is needed, in the digital world the government does not intervene to regulate. and that's not fair.

So you would like a government to intervene in regulating cryptos?  That's kind of...exactly the opposite of the whole point.


Title: Re: Volatility - Somebody is fucking around.
Post by: killat on November 29, 2017, 10:50:32 PM
Define low :) I think that altcoins with strong projects behind(Siacoin, Verge ..) can bring important gains for long-term, too.


Title: Re: Volatility - Somebody is fucking around.
Post by: HasHe on November 29, 2017, 10:57:47 PM
That's really a significant fall.Price dropped from $10,890 to just $9,896.It shows the volatility of bitcoin.We could not say that for each and every time,price drops,government may have played a game.I think its just a price correction after bitcoin price crossed $10,000.It is said that some had sold his large number of bitcoins in GDAX exchange mistakenly for the price of just $10 for each bitcoin.That might also be a reason.


Title: Re: Volatility - Somebody is fucking around.
Post by: Bitmora on November 29, 2017, 10:58:22 PM
There's many reasons that could add up to contribute to the sharp rise. However, saying government involvement is closely related to conspiracy theories.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 10:59:07 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves.  

yes you can . google "technical analysis".

That's nonsense and you know it.  Technical analysis is a backwards-looking tool trying to understand the psychology of market moves.  If I see a shoulder and a head, there might be another shoulder, there might not.  It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal.

oh ok *rolls eyes*

thank you for clarifying that for me.

we all know how you dont make a living now. have a nice day with you .023 btc holdings




There's no need to be nasty.  If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits.  No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact.


Well actually I dont have 100,000 btc but I do use tools such as TECHNICAL ANALYSIS and make an above average living trading.   There is a whole world out there you dont know about. How do you thing hedge fund and mutual funds managers make money? Go to sites like motleyfool.com + investopedia.com and educate yourself. You will be surprised what you can do with a little knowledge and a few hundred dollars in BTC and a lot of balls.  The first week I heard about bitcoin in 2013, I traded $200 on a margin site and turned it into $1200. I have not looked back since and that is now how I make my living.




Because they have access to information BEFORE the general public does.  Techanal (not rocket science, btw), fundamental analysis, access to the market movers, it's simply having and being able to act faster on information than the rank and file.   And your patronizing comments are simply not necessary.  Congratulations on your financial acumen... :-\



So you are saying the tens of thousands of people in the financial services industry get inside info BEFORE everybody else?  ??? And that is how they all manage their portfolios?  In the 80's everybody went to jail for that.  Maybe you should watch the movie Wall Street. 5 academy awards. Insider trading is highly illegal and trading patterns are scrutinized by the SEC. So no they do not have info before everyone else. Sorry.




Title: Re: Volatility - Somebody is fucking around.
Post by: Dart18 on November 29, 2017, 11:07:54 PM
Looks like someone didn't like what happened or you just love assets that are going down?
We could not argue with that if that is his hobby.
I guess we will just have to clear some points just so he could understand some of what is really happening.
Look, there are people out there who could buy a large amount of it even if the price gets expensive.
They can even do it in groups without knowing they can pump it even of they just bought small amounts.
This is a large Earth, you cant trace everything that will happen.


Title: Re: Volatility - Somebody is fucking around.
Post by: Dan D. Lion on November 29, 2017, 11:16:00 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves.  

yes you can . google "technical analysis".

That's nonsense and you know it.  Technical analysis is a backwards-looking tool trying to understand the psychology of market moves.  If I see a shoulder and a head, there might be another shoulder, there might not.  It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal.

oh ok *rolls eyes*

thank you for clarifying that for me.

we all know how you dont make a living now. have a nice day with you .023 btc holdings




There's no need to be nasty.  If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits.  No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact.


Well actually I dont have 100,000 btc but I do use tools such as TECHNICAL ANALYSIS and make an above average living trading.   There is a whole world out there you dont know about. How do you thing hedge fund and mutual funds managers make money? Go to sites like motleyfool.com + investopedia.com and educate yourself. You will be surprised what you can do with a little knowledge and a few hundred dollars in BTC and a lot of balls.  The first week I heard about bitcoin in 2013, I traded $200 on a margin site and turned it into $1200. I have not looked back since and that is now how I make my living.




Because they have access to information BEFORE the general public does.  Techanal (not rocket science, btw), fundamental analysis, access to the market movers, it's simply having and being able to act faster on information than the rank and file.   And your patronizing comments are simply not necessary.  Congratulations on your financial acumen... :-\



So you are saying the tens of thousands of people in the financial services industry get inside info BEFORE everybody else?  ??? And that is how they all manage their portfolios?  In the 80's everybody went to jail for that.  Maybe you should watch the movie Wall Street. 5 academy awards. Insider trading is highly illegal and trading patterns are scrutinized by the SEC. So no they do not have info before everyone else. Sorry.




That's right, I forgot that there is no insider info and wall street never does anything illegal.  Maybe you should wake up just a bit.  In the 80's everybody went to jail?   That is factually incorrect.  And in the last crash?  Lots of shananigans, not one prosecution.  I'm not saying they are all skirting the law, I am saying that there is a lot of corruption and a lot of "insider" advantages that they have, that we do not have.  Again, the point remains, if you're so damn confident in your techanal, why don't you tell us exactly what the price of Bitcoin will be next week?  It's because you can't.  You don't know, and you won't admit it.  You are simply spouting off.


Title: Re: Volatility - Somebody is fucking around.
Post by: helars2008 on November 29, 2017, 11:19:59 PM
I heard that someone on GDAX accidentally sold +100 BTC for 87€ each. Jesus Christ! It's about $1000 for 100 BTC. In another word, the guy is not a millionaire anymore. Can it be a reason?
This say, we have seen Bitcoin losing about 30% in less than 24h before, so now losing 10% is peanut, especially when it will be back tomorrow
If this story is indeed true then i am very sorry for that guy. And it could be possibly the reason why there was a sudden but short drop in bitcoins price yesterday.
And i also believe that the 10% dip today is just close to normal after all no one can really regulate what will happen to bitcoins price.


Title: Re: Volatility - Somebody is fucking around.
Post by: woas4 on November 29, 2017, 11:28:53 PM
The crypto market is crazy, i was up all night watching charts, hahaha.

So many big swings in such little timeframes, you can never know what to expect... Lets hope Bitcoin doesnt come back down too far!


Title: Re: Volatility - Somebody is fucking around.
Post by: irsada on November 29, 2017, 11:32:21 PM
I heard that someone on GDAX accidentally sold +100 BTC for 87€ each. Jesus Christ! It's about $1000 for 100 BTC. In another word, the guy is not a millionaire anymore. Can it be a reason?
This say, we have seen Bitcoin losing about 30% in less than 24h before, so now losing 10% is peanut, especially when it will be back tomorrow
If this story is indeed true then i am very sorry for that guy. And it could be possibly the reason why there was a sudden but short drop in bitcoins price yesterday.
And i also believe that the 10% dip today is just close to normal after all no one can really regulate what will happen to bitcoins price.

can you prove it?
that someone is selling 100 BTC for $ 1000.
the ups and downs of the bitcoin are common so do not panic too much.


Title: Re: Volatility - Somebody is fucking around.
Post by: longlivecapitalism on November 29, 2017, 11:38:09 PM
I've written in another forum that this rise of Bitcoin isn't sustainable. There's no way it can keep rising like that for long. Hence the volatility. Some people have probably reached the price they wanted so they sold. The 10,000 dollar mark is a good milestone for someone to stop and sell their Bitcoins.


Title: Re: Volatility - Somebody is fucking around.
Post by: summer209 on November 29, 2017, 11:40:01 PM
2 flash crashes last night about 800 points each and then a 1000 pt today?  Do you know how much capital it would take to do that? Is the government  testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away?  To setup a master plan for long term damage to the market?


I thought last night was crazy. but today??



Since cryptocurrency is new technology, the high price volatility should be a normal thing. It doesn't look like that the government testing the market, just hope it's not some groups of people trying to manipulate the market price.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 29, 2017, 11:45:02 PM
I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down?  No one here has any control or influence over these moves.  In a way, it's kind of like speculating about how many angels can fit on the head of a pin.  It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future.  It's something we can accept and perhaps even profit from.

The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play.  I like volatility. That where I make my profits.

But you can't forecast fluctuations.  You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves.  

yes you can . google "technical analysis".

That's nonsense and you know it.  Technical analysis is a backwards-looking tool trying to understand the psychology of market moves.  If I see a shoulder and a head, there might be another shoulder, there might not.  It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal.

oh ok *rolls eyes*

thank you for clarifying that for me.

we all know how you dont make a living now. have a nice day with you .023 btc holdings




There's no need to be nasty.  If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits.  No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact.


Well actually I dont have 100,000 btc but I do use tools such as TECHNICAL ANALYSIS and make an above average living trading.   There is a whole world out there you dont know about. How do you thing hedge fund and mutual funds managers make money? Go to sites like motleyfool.com + investopedia.com and educate yourself. You will be surprised what you can do with a little knowledge and a few hundred dollars in BTC and a lot of balls.  The first week I heard about bitcoin in 2013, I traded $200 on a margin site and turned it into $1200. I have not looked back since and that is now how I make my living.




Because they have access to information BEFORE the general public does.  Techanal (not rocket science, btw), fundamental analysis, access to the market movers, it's simply having and being able to act faster on information than the rank and file.   And your patronizing comments are simply not necessary.  Congratulations on your financial acumen... :-\



So you are saying the tens of thousands of people in the financial services industry get inside info BEFORE everybody else?  ??? And that is how they all manage their portfolios?  In the 80's everybody went to jail for that.  Maybe you should watch the movie Wall Street. 5 academy awards. Insider trading is highly illegal and trading patterns are scrutinized by the SEC. So no they do not have info before everyone else. Sorry.




That's right, I forgot that there is no insider info and wall street never does anything illegal.  Maybe you should wake up just a bit.  In the 80's everybody went to jail?   That is factually incorrect.  And in the last crash?  Lots of shananigans, not one prosecution.  I'm not saying they are all skirting the law, I am saying that there is a lot of corruption and a lot of "insider" advantages that they have, that we do not have.  Again, the point remains, if you're so damn confident in your techanal, why don't you tell us exactly what the price of Bitcoin will be next week?  It's because you can't.  You don't know, and you won't admit it.  You are simply spouting off.

Need a hug Bro?

:)


Title: Re: Volatility - Somebody is fucking around.
Post by: JTPhotography on November 29, 2017, 11:56:54 PM
I've written in another forum that this rise of Bitcoin isn't sustainable. There's no way it can keep rising like that for long.

Opinion, and there is really no historical data to back it up. Bitcoin doesn’t follow the rules that you’re used to applying.


Title: Re: Volatility - Somebody is fucking around.
Post by: zoran.drobnjak on November 30, 2017, 01:02:51 AM
Lets put things into another perspective and further explore ways how BTC price could be arbitrarily manipulated.

Assume that the rumors surrounding Tether are true.
Imagine I can arbitrarily print X millions of USDT - create value out of thin air - convert NOTHING into SOMETHING.
Next step, I use those millions to buy BTC - create X qty of BTC out of thin air - convert NOTHING into BTC.
Final step I cash out when BTC price suits me thus converting NOTHING into REAL MONEY.

 :-\


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on November 30, 2017, 02:10:04 AM
Lets put things into another perspective and further explore ways how BTC price could be arbitrarily manipulated.

Assume that the rumors surrounding Tether are true.
Imagine I can arbitrarily print X millions of USDT - create value out of thin air - convert NOTHING into SOMETHING.
Next step, I use those millions to buy BTC - create X qty of BTC out of thin air - convert NOTHING into BTC.
Final step I cash out when BTC price suits me thus converting NOTHING into REAL MONEY.

 :-\

I just read more on the Tether/USDT issue and the "audit' that is not really an audit.

I think with all the bad press re tether that they are at the very least raising the eyebrows of regulators.   Especially with talk of a possible link between this 1000 pt flash crash and related volatility. 
 
Probably will hear news about an official inquiry soon. Hopefully we have nothing to worry about.







Title: Re: Volatility - Somebody is fucking around.
Post by: Winner on December 01, 2017, 02:26:07 AM
I think the volatility in financial markets is normal. and it happens in every international market. I do not know exactly how much capital is needed, in the digital world the government does not intervene to regulate. and that's not fair.

So you would like a government to intervene in regulating cryptos?  That's kind of...exactly the opposite of the whole point.
The Government is not likely to be manipulating the prices right now, I am pretty sure that it's the rich guys that are trying to make people purchase their altcoins with the price swings on Bitcoin.


Title: Re: Volatility - Somebody is fucking around.
Post by: Coollikethat on December 03, 2017, 10:26:52 PM
1500 pt drop just like that?! Nobody in there right mind dumps enough of their BTC holdings to cause a $1500 pt drop.  They sell slowly into the upward trend. 

so whats up then?







Title: Re: Volatility - Somebody is fucking around.
Post by: nagatraju on December 06, 2017, 04:49:25 PM
I think the volatility in financial markets is normal. and it happens in every international market. I do not know exactly how much capital is needed, in the digital world the government does not intervene to regulate. and that's not fair.

So you would like a government to intervene in regulating cryptos?  That's kind of...exactly the opposite of the whole point.
The Government is not likely to be manipulating the prices right now, I am pretty sure that it's the rich guys that are trying to make people purchase their altcoins with the price swings on Bitcoin.

in any case, someone manages this and earns very well...the main thing is to be careful and to do the right actions in time to stay in the win


Title: Re: Volatility - Somebody is fucking around.
Post by: soulless1 on December 08, 2017, 07:21:34 AM

Various situations are constantly changing, and many things are changing overnight. You have to pay attention to the change and read the flow.