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Author Topic: Why the sudden crash now?  (Read 1941 times)
ultrloa
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November 15, 2016, 08:57:20 AM
 #41

Welcome to the world of bitcoin to those people who thinks that, let's say $20 price decrease, is now considered as a price crash. Whatever that Trump shit thing reason that's why the price decrease is not a big deal after all. As long as we are still on closer to $700 then it's better.

Minimize the intake of coffee instead while playing with the bitcoin price so that no worries will be popped out immediately in people's mind. Also take note that crypto traders are meant to take profits at their own will of a certain price.


Actually your right fuds are just fuds and its happening that satisfied traders are dumping and buying, its actually happening on bitcoins what can we expect for? As long as we can still get huge profits at this current price rate well their no way to get panic, price is not submerging down and it remains to the strongers point of stabilizing state, surely price will go and continue to soar after a little dump, it is the bitcoins nature men.

R


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john2231
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November 15, 2016, 09:05:14 AM
 #42

Welcome to the world of bitcoin to those people who thinks that, let's say $20 price decrease, is now considered as a price crash. Whatever that Trump shit thing reason that's why the price decrease is not a big deal after all. As long as we are still on closer to $700 then it's better.

Minimize the intake of coffee instead while playing with the bitcoin price so that no worries will be popped out immediately in people's mind. Also take note that crypto traders are meant to take profits at their own will of a certain price.


Actually your right fuds are just fuds and its happening that satisfied traders are dumping and buying, its actually happening on bitcoins what can we expect for? As long as we can still get huge profits at this current price rate well their no way to get panic, price is not submerging down and it remains to the strongers point of stabilizing state, surely price will go and continue to soar after a little dump, it is the bitcoins nature men.
That price of bitcoin few days ago when the crash happen it just a normal like other said some traders are satisfied what is the price right now and this is part of buy and sell result or whales that can attract people to sell bitcoins if the price is stay in the good price just like now we have a good price increase to $712 and soon it will decrease again back for trading purposes only that also demand and supply is affect that is why the price of bitcoin is increase or decrease its not stable..
For now if you are a trader you need to sell and buy soon in order to make profit right now but don't sell it all because we don't know if the price of bitcoin will continue to increase so that you can be still make profit if the price will continue to increase..
serjent05
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November 15, 2016, 09:31:49 AM
 #43

Welcome to the world of bitcoin to those people who thinks that, let's say $20 price decrease, is now considered as a price crash. Whatever that Trump shit thing reason that's why the price decrease is not a big deal after all. As long as we are still on closer to $700 then it's better.

Minimize the intake of coffee instead while playing with the bitcoin price so that no worries will be popped out immediately in people's mind. Also take note that crypto traders are meant to take profits at their own will of a certain price.


Actually your right fuds are just fuds and its happening that satisfied traders are dumping and buying, its actually happening on bitcoins what can we expect for? As long as we can still get huge profits at this current price rate well their no way to get panic, price is not submerging down and it remains to the strongers point of stabilizing state, surely price will go and continue to soar after a little dump, it is the bitcoins nature men.

if someone define about bitcoin as currency, it is said that it is digital form of currency, peer to peer and decentralized.  Next to that is the high volatility of its price.  The ups and downs or build up and crash of bitcoin price is normal. If someone is still not used to it then maybe this time they should.  For me there is no news here.  We are all aware that bitcoin price swings, increase, decrease then correction.  Probably it is so because of the fuds as you stated and fake rumors so that whales can scoop cheaper bitcoins.
electronicfactura
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November 15, 2016, 09:32:35 AM
 #44

I don't see these sudden ups and downs as surprising event because this is normal and of routine changes in Bitcoin prices. I am economist but since I am in Bitcoin have seen many things and can say according to my understandings Bitcoin is trying to make a floor at around $ 700 so there need stability which only manipulation and sudden ups and downs bring after what weak hands shorts.
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November 15, 2016, 11:20:51 PM
 #45

Welcome to the world of bitcoin to those people who thinks that, let's say $20 price decrease, is now considered as a price crash. Whatever that Trump shit thing reason that's why the price decrease is not a big deal after all. As long as we are still on closer to $700 then it's better.

Minimize the intake of coffee instead while playing with the bitcoin price so that no worries will be popped out immediately in people's mind. Also take note that crypto traders are meant to take profits at their own will of a certain price.

This is the problem when there are more day-traders than long term investors talking about the price. $20 move might result in windfall gains (or wipe you out) if you are a leveraged day trader. For hodlers, it is hardly substantial.
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November 16, 2016, 06:16:14 AM
 #46

Welcome to the world of bitcoin to those people who thinks that, let's say $20 price decrease, is now considered as a price crash. Whatever that Trump shit thing reason that's why the price decrease is not a big deal after all. As long as we are still on closer to $700 then it's better.

Minimize the intake of coffee instead while playing with the bitcoin price so that no worries will be popped out immediately in people's mind. Also take note that crypto traders are meant to take profits at their own will of a certain price.

I believe the high volatility and the quick price fall down is also because of the stoplosses getting hit making the price go down further and starts another cycle by hitting another stoploss. Like dominoes falling one by one as they say. Also the reverse is making it difficult for Bitcoin to go up in price also because as the price goes up, take profit sell orders are then executed making the price stagnate for a little while unless there is a really huge buy market order from a whale.

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November 16, 2016, 07:13:47 AM
 #47

Can you please show me where there is a crash? We are down 0.25% for the day, down 0.75% for the week, up 10% for the month, and up 200% for the year.

That's just a matter of perspective Smiley
Exactly. So for everyone crying when bitcoin is value is dropping by $15 - just stop it. Bitcoin is quite stable and strong ATM.
Unless we will see some huge negative news like: major exchange hack or China restricting bitcoin then we don't have to worry about price.
Just don't panic.

You're right. Nothing out of the ordinary is happening at the moment or happened recently, so these are regular fluctuations.
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November 16, 2016, 07:24:56 AM
 #48

Can you please show me where there is a crash? We are down 0.25% for the day, down 0.75% for the week, up 10% for the month, and up 200% for the year.

That's just a matter of perspective Smiley
Exactly. So for everyone crying when bitcoin is value is dropping by $15 - just stop it. Bitcoin is quite stable and strong ATM.
Unless we will see some huge negative news like: major exchange hack or China restricting bitcoin then we don't have to worry about price.
Just don't panic.

You're right. Nothing out of the ordinary is happening at the moment or happened recently, so these are regular fluctuations.
fluctuation that we needed to take advantage nothing is new just need to be more furious regarding how to play with the current status.
CoinCidental
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November 16, 2016, 01:08:39 PM
 #49

Can you please show me where there is a crash? We are down 0.25% for the day, down 0.75% for the week, up 10% for the month, and up 200% for the year.

That's just a matter of perspective Smiley
Exactly. So for everyone crying when bitcoin is value is dropping by $15 - just stop it. Bitcoin is quite stable and strong ATM.
Unless we will see some huge negative news like: major exchange hack or China restricting bitcoin then we don't have to worry about price.
Just don't panic.

You're right. Nothing out of the ordinary is happening at the moment or happened recently, so these are regular fluctuations.
fluctuation that we needed to take advantage nothing is new just need to be more furious regarding how to play with the current status.

$745....
mindrust
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November 16, 2016, 01:11:31 PM
 #50

Crash? What crash?!? Yeah USD is crashing abandon ship! Cheesy

726$ on btc-e.com right now. Mega green dildo showed up. Any valid reasons for the pump? (other than bitcoin being so awesome)

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