Bitcoin Forum

everyweek,,sunday bitcoin price is dumping,

do you know why??

That's not always the case, maybe you are a pessimist so calling Sunday a bad day for bitcoin. The bitcoin price at any time can be dumped and I think it is a condition that is characteristic of cryptocurrency. The ever-increasing and decreasing bitcoin price becomes a hallmark, and it is a drawback for some people and can be a benefit for some people.

I do not really understand why today bitcoin dump the price, but this is what I wait to buy and invest in bitcoin this is a very good opportunity to wait for the price to go up for my sale.

There is no such thing as sunday dumping. It's just normal market movements. sometimes there isn't another reason besides the obvious fact that the market like any other is moving the way it should

You are so diligent that you remember that day.
I think it was just a coincidence and not a planned case. Who did this?
no one can make a schedule for a dump or pump unless they have such strong powers as China. ;D

They call him... Kobayashi.
https://i.imgur.com/kzTTxfP.png

See here: https://www.reddit.com/r/mtgoxinsolvency/comments/82m0dl/mtgox_trustee_has_sold_some_btc_and_bch/

I am hearing this for the first time and I think Sunday is not a different days from what we have been having.sund is a day we have been having a good upward movement in pricing and I this I can said only few Sunday that we have hard bad bitcoin's price.  Bitcoin has not limit to days but every days we have had good market or bad market price movements.

You just see bitcoin price in every sunday, I'm sure that. If you don't know in this week bitcoin price starts to decrease on the 5th of March you can see this,
5 March bitcoin price $ 11569
6 March bitcoin price $ 11300
7 March bitcoin price $ 10816
8 March bitcoin price $ 9,720
9 March bitcoin price $ 9,102
10 March bitcoin price $ 9,438 (up a bit)
And now11 March bitcoin price $ 8,793
Bitcoin prices always move at any time, either up or down and if the bitcoin price concludes down per week or rise per week I think it's wrong.

no it is not every week, there are enough weekends that bitcoin price rises instead of falling or stays the same and because of that you can not come up with a reason why. when there are enough exceptions you can not make a rule.

and in case you are trying to come up with a strategy or something like that to make profit by predicting based on patterns, I just have to warn you that you may lose a lot of money because there are no patterns here!

My speculation is that investors just wanted to cash out and make used of their fiat. Maybe they wanted to get out and go on a vacation with their families, or bought something that they want.

Other than that, it doesn't make sense to dump your coins every weekends, specially if we are in the bullish trend. But I'm sure that those who sold will go back to the market again so everything is not lost.

Weekends volume is high in cryptocurrency world. I do not know the reason, maybe stock investors trade in weekends and daily job employees trade in their off days and weekends.
If the market is bear sunday is dumping day, if the market is bull sunday is pumping day.

this is likely because investors want to secure their funds while on holiday and are not looking at market conditions many investors are panicking to know the news from MT GOX lately.

The thing is that any day can be the say that Bitcoin can go down and can go up. Though maybe there can be less movement in the trading of Bitcoin on weekends compared to weekdays (this is not a confirmed fact and just my imagination though). Truly, many times Bitcoin retreated in value for no reason at all and can surge just because it wanna do so. This is one feature of Bitcoin: unpredictability. And we have to live with it as long as we are Bitcoin lovers and hodlers.

Is it? I believe your conclusion is not correct. Bitcoin dumps anytime it wants :D

As for the recent dump, it didn't happen just on Sunday obviously. The biggest dump happened in Tuesday until Friday (From $12K to $8K)

I remember this topic in 2013.

how did you call him a pessimist when the Sunday dropping trend really happening?try to check the sundays of feb and march then you will find what OPs asking for reason..i have been observing this for a month,and still happening ..i know it maybe a coincidence but what if some big players has something to doith this?and besides theres no wrong in asking because all of us are concern on our investments

Bitcoin does seem to go down on a Sunday night.  We'll have to wait and see if it does that again.  It's going up now at this minute.  I think it will drop again back to under 8.5k tonight.  But as usual it's anybody's guess. 

It will happen all the time.All the trading people had some plan to enjoy the weekend with their family.So they will sell their bitcoin holding to enjoy the day.I had noticed this from long.If you have huge dollars in your hand,use this Sunday to buy bitcoin at low price.

you're just imagining this thing. it was just pure coincidence if it did truly happen on the last 4 sundays
next... you will say every tuesday bitcoin price is pumping :o what a conspiracy :P
if all this true then take advantage!! buy the dip on sunday and sell sometime in midweek

Whose Sunday night, that's the question.

At the moment it is 13:00 GMT, it's 8 a.m. in New York, the San Franciscans are still asleep, but it's 10 p.m. in Tokyo.

So any "sunday dumping" you have noticed has been done in Asia.

I don't believe that. One person can not affect the price of bitcoin. Even if he sells a lot of coins. Kobayashi sells coins for a few months. He is also no fool. He doesn't want to lose money. Perhaps the intelligence of whales found out about his plans to sell most of the coins and decided to crash the market to earn some money.

I think today it is pump and dump both are happening in the market and some times complete pump also happen in the market. But you are looking to negative thought of this coin so try to change your attitude otherwise you are not consider the positive feedback of this coin. It is common anytime pump and dump are possible in the crypto market.

I don't know how have you come to such conclusion. And what time zone have you used, it's not the same for everyone.
But I don't think this is true in any option and volatility of Bitcoin is not strictly tied to any particular day or the time of the week. Some other factors and regularities influence the movement of price, not the day in the week.

As far as I can believe their is no specific day the dumping stage for bitcoin. The volatility always comes anyday or anytime because the market is always present 24hrs.

10 o'clock the stock exchange closed? There is no reason to argue about bitcoin price dependence on the day of the week. That's a misconception. The price depends only on the market conditions. If on Sunday no one will sell coins then the price of bitcoin will go up. There are no rules of conduct for bitcoin. It can change the direction of the price chart at any time.

if we see from everyday life, the day of the week is a time where someone spend money for a vacation with family ,, and do not be surprised if the week became a bad time of falling prices ,, because many people who pull their bitcoin and converted into fiat money ,, and it definitely impacts on the volume of bitcoin that goes down in faithful exchanges

Actually today the prices seem to be going up. I think the dumping of coins on the weekends is just a coincidence unless there is some coordination between whales to dump and then buy back later.

After the series of bad news events last week, it’s nice to see prices rebounding a little bit, even if it is temporary. If there is no more bad news coming, then maybe we will see the recovery continue going forward.

Only Fuds makes the price goes down, whenever there was news appears, people make it a way to think that BTC will not recover then sells their btc. If only people will trust that BTC is capable of growing despite that news.

NO! FUD does not make the price go down.
price goes down for a million  different reason, the simplest reason is correction for example. what FUD does is that it makes the already ongoing drop bigger. if you check each of the drops and their FUDs you can see that there is always a good reason for the drop and there is always a logical bottom for it but then the FUD comes and the drop becomes bigger and the bottom becomes illogical which is why it never lasts.

I think i have a clue which may be correct in relation to Sunday dumping. As we can see, there is a significant change of crypto's market price as it falls a bit during weekends. That's maybe because those dumpers are busy with their work during weekdays and they can only have the chance of doing the dump every weekends. :)

This is possible reasons as to why most dumping rate fall on sunday. Market is very changing from time to time price is really swing down or up. Maybe it falls on sunday as many had the time to take profit. We couldnt say the exact reasons on this.

Holiday would be another reason for price fall. As Sunday is considered to take rest after 5 to 6 days of work in a week,  Every business man and professional employees do take holiday.  This stops investments towards Bitcoin and other currencies. If you look at Monday and Tuesday we would have a pump since they come back from holiday and invest into bitcoin. This would be a reason behind pump and dump in Sunday and Monday.

so... to make profit we should act against the majority, right?
since they sell on saturday/sunday and buy on monday/tuesday, we should do the opposite ;D
we should try to buy at low price on sunday and sell it back high on tuesday/wednesday
lets try start this week and see if this method can generate good gain in the long run ;)

Based on recent data, Bitcoin was trading lower than US $ 11,191 in Luxembourg-based Bitstamp Exchange, down 18 percent. The fall of the Bitcoin exchange rate in a short time put a number of other digital currencies experienced the biggest weakening of the exchange rate in the last three years.

That’s true, there’s no specific time or day of dumping and pumping always put in your mind that this market is 24/7, it can go deeper when you are sleep who knows. The risk here is very big as the price moves very volatile so you’d better to focus on setting goal.

I don't know the reason why the price falls during weekends. This has been circulating in my mind and I'm also wondering what's the truth behind it. But when dips are coming, you are only seeing it during Sundays or weekends. There are also dips and corrections during the weekdays and even Mondays and so on. Pumps and dumps can happen anytime since the crypto market is open 24/7.

I don't think that it is always happening every Sunday. There is no specific day of dropping price of the bitcoin, maybe it is just only happening these days, maybe for some reason but don't just look at the day, for sure it will rise up again soon.

this issue hs been tackled for how many times this week,and the answer is majority,it's COINCIDENCE no proof that it was intentional like what some are saying that is was manipulated by whales,better to do instead of posting this kind of nonsense?continue to support your coin.dont just withdraw to cut losses because those action added bad effect on prices

Usually the volume at weekends is much lower then the volume on regular trading days, as the volume goes down usually the price follows.

It's not a rule and we saw uptrends at sundays, but if you look on all the cases, you are most likely to find that most of the cases show that sunday is a red day for bitcoin.
Same goes for stock market, where usually stocks are being traded for lower at Fridays, which is the last trading day for the week, people who are day traders usually give up on positions at the end of the week.

You are just seeing what you want to see even if what you saying was true and bitcoin has been going down every Sunday that was just a random occurrence it may seem like a pattern because it happened the last times you saw the price but this is not a rule so do not make the mistake of shorting bitcoin on Sunday thinking that is going to go down because you will surely lose your money.

Yes it does fall on Sundays. I just checked out coinmarketcap.com. The data confirms that there is a slight fall on Sunday morning and recovers back with bit positive deviation compared to morning. If you even look at common holidays, there have been slight dumps. So investors investing on holidays are less compared to other working days. This would be a reason for this dump.