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Bitcoin => Bitcoin Discussion => Topic started by: cryptoboss2020 on October 16, 2020, 04:50:49 PM



Title: clearly we see btc price gaps getting longer and less traders
Post by: cryptoboss2020 on October 16, 2020, 04:50:49 PM
as experinced trader i can tell that btc price gaps getting longer and orders not filled.
we see that no traders the newbies are out of cash and no other sources of income.
the excnhagers getting closed and short of cash low cap coins getting disabled and so.....

we have simple problem the traders dont have cash the goverments and banks need to act fast otherwise crypto market will run out of cash.
people only like cryptocurrency when they see they can make profit out of this when they start losing there is not even possible to talk about cryptocurrency or something like cash is not good specially on futures markets many traders lose money and once people lose money will be never come back again also me i will leave cryptocurrency !!
some old guys in crypto can say that nobody dont force us to be in crypto but they can stay lol:D the captain leaves last.
im not talking fud talk here but its sad people getting tired.
i hope the crypto biggest people like coinbase binance  and those guys see this and will do something about to get money into crypto markets again.

also are those YFI  investors was just a payed shills?  actually they didnt made any profit?


back to old ways back to cash


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: davis196 on October 17, 2020, 06:06:17 AM
Some crypto exchange platforms were closed because the business of running a crypto exchange platform got really saturated.Many altcoins were de-listed from crypto trading platforms because they were pump& dump shitcoins.Removing pump&dump shitcoins from the markets is actually good.
I don't know how did you came up to the conclusion that the crypto markets are running out of fresh money.
Most of the crypto traders lose money and give up,but that is completely normal.Do you think that most of the forex traders are making money?98% of them are losing money.That's how day trading works.You will have to lose money and gain experience and knowledge,before you make money.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: pooya87 on October 17, 2020, 06:26:03 AM
as experinced trader i can tell that btc price gaps getting longer and orders not filled.
bitcoin is not stock and doesn't have a x-hour market. it is instead 24 hour and global so there is no open and close price for opening price to be lower than the closing. additionally the price has been rising for the past months so your comment makes no sense at all here!

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we see that no traders the newbies are out of cash and no other sources of income.
there is no way we can know what traders or the newbies do but it looks to me that newbies panic sold recently so they actually have a lot of money at hand right now while scared of buying back.

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the excnhagers getting closed and short of cash low cap coins getting disabled and so.....
wrong about exchanges and shitcoins are irrelevant here (in bitcoin board).

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we have simple problem the traders dont have cash
the increasing volume says otherwise.

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the goverments and banks need to act fast otherwise crypto market will run out of cash.
they did! they have been printing fiat like crazy maniacs and the fiat values are starting to go down and soon we will start seeing the inflation signs come out too. and bitcoin value will keep rising as the fiat declines ...

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im not talking fud talk
i TOTALLY believe you ;)


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: btc_angela on October 17, 2020, 06:40:13 AM
as experinced trader i can tell that btc price gaps getting longer and orders not filled.
we see that no traders the newbies are out of cash and no other sources of income.
the excnhagers getting closed and short of cash low cap coins getting disabled and so.....

What do you want to see? a continues growth, it's not going to happen, there are days that trading is slow, maybe in weekends, but I believed that there are more days that bitcoin trading is really very active, just look at the daily trading volumes.

we have simple problem the traders dont have cash the goverments and banks need to act fast otherwise crypto market will run out of cash.

I also doubt that crypto trading will died out, the market is still open 24 hours a day with no respite. As for government stimulus, we will have to wait and see.

people only like cryptocurrency when they see they can make profit out of this when they start losing there is not even possible to talk about cryptocurrency or something like cash is not good specially on futures markets many traders lose money and once people lose money will be never come back again also me i will leave cryptocurrency !!

That's crypto trading for you, you win some you lose some. You go plan on your next trading activity and hope that this time it will be different. If you decided that you exit because you are losing, then crypto trading is not for you.

some old guys in crypto can say that nobody dont force us to be in crypto but they can stay lol:D the captain leaves last.

They are still inside the market, maybe those old guys just decided to HOLD.

im not talking fud talk here but its sad people getting tired.
i hope the crypto biggest people like coinbase binance  and those guys see this and will do something about to get money into crypto markets again.

Money will still continue to flow, it could slow down a bit, but with the current price of $11k++, do you think there's not enough money there?

also are those YFI  investors was just a payed shills?  actually they didnt made any profit?

I'm sure you are familiar to the ICO craze in 2017 and how it ended, maybe the same will happen to YFI, as for investors? they will just shift to bitcoin, it's not that hard to understand.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: Poker Player on October 17, 2020, 07:26:42 AM
I wanted to expand an idea mentioned in passing by pooya87 and btc_angela. We have been living in an era of monetary expansion for many years.

we have simple problem the traders dont have cash the goverments and banks need to act fast otherwise crypto market will run out of cash.

I don't deny that some small investors have run out of cash, but with all the money being printed, that money ends up in financial assets like bitcoin. Or the S&P 500, for example. We are nearing ATH in the midst of a pandemic as severe as has not been known in the last 100 years. Bitcoin is not nearing ATH but it has set a record of being over $10k for over two months.

So, your statement makes no sense. Especially because you don't provide arguments to back it. It's just what you think.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: Bitcoin_bullish on October 17, 2020, 07:28:42 AM

back to old ways back to cash


Good luck and hopefully you join again when you see more bullish conditions.

Meanwhile, price of Bitcoin reacted very positive to latest negative events (Bitmex, okex) and all co-ordinated efforts to dump were met with strong support.
We are now in a record days above 10k. Institutions, banks, Nasdaq and Dow Jones are buying.

Looking at the chart do you see any selling pressure? I was very wrong in a post I made last year about the halving.
It reduces selling to a minimum and with good news price is rising rapidly.

Since you are a trader tell me then if nobody sells how is price going to drop? Did you look at the chart and what did you see?


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: 20kevin20 on October 17, 2020, 07:57:17 AM
If people are running out of cash, it may actually be a good sign for Bitcoin. It means that we're approaching quite bad times, and while the governments are printing trillions, Bitcoin only gets scarcer.

The fluent trading activity cannot go on forever. There will always be periods of times where you will see way less activity. And that's especially during hard times, when people rather start saving their money for basic needs than invest it.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: Crypto_lion on October 17, 2020, 07:59:13 AM
I suspect the reduced trading volumes might be due to the kucoin hack and most recently the OKEX stopping withdrawals. I wonder if the volume in decentralized exchanges has something to do with this.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: cryptoaddictchie on October 17, 2020, 08:19:27 AM
I suspect the reduced trading volumes might be due to the kucoin hack and most recently the OKEX stopping withdrawals. I wonder if the volume in decentralized exchanges has something to do with this.
Ive also seen the news with Okex and clearly its one of the highest fear from traders and investors will be seen. Obviously it will affect some investors mindset and could probably cash out their money from okex and maybe convert into fiat. Thats normal but we can denied the fact that news something like this create panic selling and some pull outs.

Decentralized exchange has nothing to do with it since bitcoin is mostly traded on cex and some dex usually trading altcoins.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: Oshosondy on October 17, 2020, 08:29:29 AM
I suspect the reduced trading volumes might be due to the kucoin hack and most recently the OKEX stopping withdrawals. I wonder if the volume in decentralized exchanges has something to do with this.
Obviously it will affect some investors mindset and could probably cash out their money from okex and maybe convert into fiat. Thats normal but we can denied the fact that news something like this create panic selling and some pull outs.
Normally, withdrawals on OKEx has been freezed, I still do not see any connection with any trading volume if to use OKEx as the typical example. OP is not even centering it OKEx but exchanges generally. With the current price of bitcoin above $11000, what OP is even talking about is out of point. There is nothing wrong with bitcoin trading volume as it still follow the normal price trends.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: Nellayar on October 17, 2020, 08:58:13 AM
snip

I think the OP is amateur at stock trading but noob in crypto space. He doesn`t even thinking that the market of crypto is different in stocks wherein there a specific time where the market opens and bur or orders will be set. Bitcoin has longer gaps because there is a slow pullback in the market. The price of bitcoin was increased for over the past few months and it usual to have a certain decline to its price.

I am not a pro in trading but I do not give advice which make fud to the market. If there could be less traders in market, that would be an anticipation for a breakdown. When the market is in down trend reversal and the volume gets slow, this is a good sign that the market is still in bullish momentum.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: buwaytress on October 17, 2020, 09:01:11 AM
Man I have no idea who you are and where you've been trading but it's been the opposite for me. I don't trade a lot, but I do trade at almost predictable periods, mainly p2p but also yes, necessarily at the Bittrexs and such and I get my limit orders filled fast af. Much faster than in 2016, (2017 was a different beast for sure) but the demand even on lbc despite stronger restrictions, they're a lot better than years ago.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: michellee on October 17, 2020, 10:13:58 AM
The difference between crypto and stock is the crypto market will be online 24/7 without stop, and there will be many traders who still trade in any conditions. If you can see the price gaps, you can use it to buy low and sell high, and I am sure you will have that opportunity to do that. The crypto market will be up and down, and we don't have to worried about that. The chance to make a profit will always be there. As long as you can analyze the market, you will get the opportunity to buy low and sell high.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: cryptoboss2020 on October 17, 2020, 10:21:12 AM
the trading is like chess game when time is up and nobody is moving then whales coming and take it all.

markets quiet like this its perfect opportunity for whales


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: TGD on October 17, 2020, 10:27:21 AM
the trading is like chess game when time is up and nobody is moving then whales coming and take it all.

markets quiet like this its perfect opportunity for whales

This depends on what exchange you are trading in. The condition that OP describing only happens on DEX or on centralised exchange without any market maker. There is no way that order will not filled for long time unless many order was already setup lower/higher than the order price. But in general there is no way that trading on exchange will stop because market maker job is to provide liquidity and trading action on exchange so that anyone can buy and sell at any price level.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: MCDev on October 17, 2020, 10:37:14 AM
The cryptocurrency market and investors still have a lot of cash left, as evidenced by the continuous rise of bitcoin in recent times. If everyone has no cash left we will see bitcoin dropping, but it is increasing in price indicating a large amount of money is being put into the market.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: Jet Cash on October 17, 2020, 10:54:41 AM
As an experienced trader, you should know that the order book is used to influence the market price, and is not a true reflection of supply or demand. Bitcoin also has a P2P payment mechanism that is central to its philosophy. This is being used increasingly for the movement of large blocks of coins. This minimises the effects of such movements on the published price. It is probably true that there are fewer small traders, but there seems to be an increasing number of institutional investors/buyers, and this is bringing large quantities of cash into the Bitcoin economy. I doubt if many miners sell through the exchanges, and this means that newly awarded coins are not reflected directly in the price statistics.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: acdc on October 17, 2020, 11:07:48 AM
The exchange platform was closed simply because it was unable to generate profits or entangled with some government regulation.
In 2019 when people noticed the coin of the platforms, along with the coin of the Binance exchange continuously increasing in price, we saw many coins coming out and launching their coin. However, it was not as successful as it should be, so weak exchanges ended.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: kentrolla on October 17, 2020, 12:43:18 PM
The cryptocurrency market and investors still have a lot of cash left, as evidenced by the continuous rise of bitcoin in recent times. If everyone has no cash left we will see bitcoin dropping, but it is increasing in price indicating a large amount of money is being put into the market.

I partially agree with you but this is not new, we are experiencing such instance from the past few years but no one knows the nature of the market I mean the pump and dump.

Today crypto currency has become global phenomena known to many people and investors are very careful these days, only the big whales play with the market strategy and raise the price when ever they needed.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: Alamin1444 on October 17, 2020, 12:54:41 PM
Believe me or not brother. You can't imagine how much Money crypto trader holding nowadays. I am clearing something that nowadays Big exchange Manipulated the market i think you know how! Exchanges nowadays holding the money i mean Big money & they are aware of doing everything like High/Low. So From 2/3 dayes i Think  you hear the news everywhere that Okex exchange & others crypto exchange like Bitmax are holding the Money that's why GOV Arrested them! (Something like that). And you talking About crypto market going to shut or something . I think It's never gonna happened cause someone is Waiting to Buy Crypto Every single Time when it’s going to Dump. Hope you will get back soon. We are here for you.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: cryptoboss2020 on October 17, 2020, 01:03:06 PM
Believe me or not brother. You can't imagine how much Money crypto trader holding nowadays. I am clearing something that nowadays Big exchange Manipulated the market i think you know how! Exchanges nowadays holding the money i mean Big money & they are aware of doing everything like High/Low. So From 2/3 dayes i Think  you hear the news everywhere that Okex exchange & others crypto exchange like Bitmax are holding the Money that's why GOV Arrested them! (Something like that). And you talking About crypto market going to shut or something . I think It's never gonna happened cause someone is Waiting to Buy Crypto Every single Time when it’s going to Dump. Hope you will get back soon. We are here for you.


well if the market not goign better for me i might take brake from the trading


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: Ridwan Fauzi on October 17, 2020, 02:27:56 PM
Are you describing your experience?

As you mentioned, there is no one who will ask you to stay. Bitcoin can stand as long as there are some people who talks about it. And now, I still believe there is just a few people who getting a huge lose who leave bitcoin, maybe including you.

I always say that it is not enough to having bitcoin when just know it. I mean, you have bitcoin without more knowledge about it and it is enough too me. When you have bitcoin you may need a free time to look the price movement of bitcoin expecially through technical analyst. So as you will be fine when you have decision to leave because it is for a while you will be  back again later.

For those who just leave bitcoin and didn't come back again are they who know bitcoin and believe will give them money instantly. As for the market condition, I don't think there are a lot of bitcoin user who leaving it because in the fact bitcoin price still volatile and when bitcoin down drastically there will be many user who set buy to gain short term profit.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: ChrisPop on October 17, 2020, 02:39:00 PM
With the Feds printing more and more dollars and inflation raising I expect people to try and place at least a part of their income in deflationary assets like Bitcoin and Gold.
The liquidity is not that big, but most of it is now probably represented by big institutional players. We see more and more companies and funds in hopping on the trend. This is a clear sign to me that we're in a kind of healthy, emergent market.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: ethereumhunter on October 17, 2020, 02:46:47 PM
People will still survive in these hard situations because they believe that the crypto market will rise and shine as before. It's only a matter of time before the situations can be back to a higher price. Maybe some people will not give up and will not go back to the crypto market again, but I am sure that many people are still trying hard to earn money from crypto.

The YFI's investors can make a real profit by investing in many projects besides YFI. But they don't tell how much money they can profit because that is part of their secret.

You need to have the power to stay in the crypto market and don't give up before reaching what you want. Remember, the bear market will change to the bull market. And if that time comes, you will back to make a big profit again.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: worldofcoins on October 27, 2020, 09:23:47 AM
You're not prepared to trade with bitcoin until you're not much aware of how bitcoin trading works.
The weird point is people include bitcoins when they see the market is going positive, but whenever they see the market tumble down, they quit taking enthusiasm with any crypto and left the network.
At this moment, the market is steady for months yet not dead.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: k@suy on October 27, 2020, 11:32:44 AM
You're not prepared to trade with bitcoin until you're not much aware of how bitcoin trading works.
The weird point is people include bitcoins when they see the market is going positive, but whenever they see the market tumble down, they quit taking enthusiasm with any crypto and left the network.
At this moment, the market is steady for months yet not dead.
That is the saddest part of using the crypto currency but I understand those people who refrain from using crypto currency when it is at on its lowest peak season because most of us are doing this trading just as their part time job and not full time. They stop from trading and using crypto currency for a while when there is no profit or the value of these coins are not that satisfying.


Title: Re: clearly we see btc price gaps getting longer and less traders
Post by: carlisle1 on October 27, 2020, 12:09:14 PM
You're not prepared to trade with bitcoin until you're not much aware of how bitcoin trading works.
The weird point is people include bitcoins when they see the market is going positive, but whenever they see the market tumble down, they quit taking enthusiasm with any crypto and left the network.
At this moment, the market is steady for months yet not dead.
Nope it is not all the people because there are people like me that takes the advantage of buying again once the price of bitcoin fell down ,and when panicking is happening
this is also the strategy of my friends in which believing that
Bitcoin(together with some good alts) will recover every after fall.
and yeah sometimes taking a year like after Bullrunning effect of halving but after that the Growth will start and this is the time our strategy take effect in Buying Low selling High.