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Author Topic: Here’s Why Bitcoin Just Dropped Nearly 4%  (Read 469 times)
yulionoo
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November 21, 2019, 06:15:56 AM
 #41

in my opinion the current decline has nothing to do with google or cache current accounts. bitcoin decline at this time I think is the work of the whales who manipulate the price of bitcoin. and the decline as in my opinion is a common thing that happens to bitcoin which is very volatile. maybe the price of bitcoin will continue to decline until the end of this year.
hopefully next year the price of bitcoin starts pumping again.

 
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shoreno
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November 21, 2019, 07:18:30 AM
 #42

in my opinion the current decline has nothing to do with google or cache current accounts. bitcoin decline at this time I think is the work of the whales who manipulate the price of bitcoin. and the decline as in my opinion is a common thing that happens to bitcoin which is very volatile. maybe the price of bitcoin will continue to decline until the end of this year.
hopefully next year the price of bitcoin starts pumping again.

anything can influence the decline but the most common cause would be manipulation by whales but what happen lately was only a minor decline so i dont think that whales are responsible for that but i think that was only made by natural events such as when normal people sell or cash out thier coins.  i like the last part of your sentence and actually that was also my wish . i wish that btc can make a recovery next year just to make a change or difference
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November 21, 2019, 01:02:57 PM
 #43

in my opinion the current decline has nothing to do with google or cache current accounts. bitcoin decline at this time I think is the work of the whales who manipulate the price of bitcoin. and the decline as in my opinion is a common thing that happens to bitcoin which is very volatile. maybe the price of bitcoin will continue to decline until the end of this year.
hopefully next year the price of bitcoin starts pumping again.
May be your prediction is possible on only few days, because current situation you predict the upcoming trend on Bitcoin. But I hope it will raise next month so before end of this year we can see some good growing. Nowadays everyone waiting for upcoming pump so many peoples are buying the Bitcoin and altcoin, may be it will reflect the further days.

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November 21, 2019, 03:23:08 PM
 #44

I wouldn't use a payment service run by Google, Ebay, Facebook, Amazon, Ebay or any of that lot.

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November 22, 2019, 09:45:54 PM
 #45

The article writers of these days need some orientation and there should a rules to penalize them and the company they work for because i don't see any reason why google checking account which was purpose for the seamless of payment of the activities done on the google platform will be the reason for bitcoin dump in price not to mention it to be "bitcoin killer" as said by OP.

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November 22, 2019, 11:17:58 PM
 #46

in my opinion the current decline has nothing to do with google or cache current accounts. bitcoin decline at this time I think is the work of the whales who manipulate the price of bitcoin. and the decline as in my opinion is a common thing that happens to bitcoin which is very volatile. maybe the price of bitcoin will continue to decline until the end of this year.
hopefully next year the price of bitcoin starts pumping again.
May be your prediction is possible on only few days, because current situation you predict the upcoming trend on Bitcoin. But I hope it will raise next month so before end of this year we can see some good growing. Nowadays everyone waiting for upcoming pump so many peoples are buying the Bitcoin and altcoin, may be it will reflect the further days.

Maybe we can see a possible bounce at nearly support approximately $6400 but again its hard to tell where is the bottom because bitcoin is a full of suprises and another reason why bitcoin drop so hard because some miners stop their operation and binance news recently.

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November 23, 2019, 09:31:28 AM
 #47

in my opinion the current decline has nothing to do with google or cache current accounts. bitcoin decline at this time I think is the work of the whales who manipulate the price of bitcoin. and the decline as in my opinion is a common thing that happens to bitcoin which is very volatile. maybe the price of bitcoin will continue to decline until the end of this year.
hopefully next year the price of bitcoin starts pumping again.
May be your prediction is possible on only few days, because current situation you predict the upcoming trend on Bitcoin. But I hope it will raise next month so before end of this year we can see some good growing. Nowadays everyone waiting for upcoming pump so many peoples are buying the Bitcoin and altcoin, may be it will reflect the further days.

Maybe we can see a possible bounce at nearly support approximately $6400 but again its hard to tell where is the bottom because bitcoin is a full of suprises and another reason why bitcoin drop so hard because some miners stop their operation and binance news recently.
the news from binance is clearly FUD, I don't know why the Cointelegraph media gave FUD news,
do they really know or are they really fooling themselves? very funny indeed seeing bitcoin sentiment lately
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November 23, 2019, 04:09:31 PM
 #48

the news from binance is clearly FUD, I don't know why the Cointelegraph media gave FUD news,
do they really know or are they really fooling themselves? very funny indeed seeing bitcoin sentiment lately
I don't think the news regarding Binance do that much to the market anyway it's just some misunderstanding and the legal action CZ took is not that significant to the market. It's more likely the pressure that comes from the China about raiding every crypto related maybe to prepare for the release of their own crypto and ofcourse in this case Binance is out from the list because even CZ has clarified himself and goes far to sue the person publishing such FUD. It's just people feel not safe anymore and therefore the bearish market after thing cleared out im sure it will be back to normal again. You know, dawn comes after the darkest night.

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November 23, 2019, 04:48:02 PM
 #49

I think this is a generic dump which we have experienced due to market situation and some whales trying to grab quick profit and as I have mentioned in my previous posts there are frequent price dumps followed by some sort of stability to make users believe that the dump was not created by whales wherein it's greedy whales who are using new tactics where they don't dump too much but they do it occasionally to earn enough profit instead of huge dump.
This seems to me to be the right explanation, the whales understandably want to get profits and since they are so powerful they will take advantage of that power to try to squeeze any profits from weak hands, but they know that the market sentiment is not what it used to be so if they drop the price of bitcoin too fast people are going to panic and are going to sell their coins before them so they are manufacturing the ups and downs in this weak market in such a way to not cause panic.
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