lucifochrome
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2017, 03:10:58 PM |
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This is not something for the faint hearted. If i were to trade in that then lose a substantial amount of bitcoin i might be having a heart attack. That is why i am just sticking to buying at the lowest possible price and hodl until the amount that i am aiming for have been reached. Saves me the hassle in looking into the chart and monitoring every second. If stock market is volatile then bitcoin is in another dimension when it comes to volatility. insane dump ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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argiyan.tri
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2017, 03:14:03 PM |
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Bitcoin prices are heart-shocking, but believe me all is fine, because bitcoin prices are like that every day.
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Baofeng
Legendary
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October 31, 2017, 03:14:16 PM |
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This is not something for the faint hearted. If i were to trade in that then lose a substantial amount of bitcoin i might be having a heart attack. That is why i am just sticking to buying at the lowest possible price and hodl until the amount that i am aiming for have been reached. Saves me the hassle in looking into the chart and monitoring every second. If stock market is volatile then bitcoin is in another dimension when it comes to volatility. insane dump ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Good strategy mate. Bitcoin nowadays is not for the weak and risk taker because it will really cause a big stress in your daily life. That's why buying at low and holding for long term is the best option for some of us. But for traders who is willing to risk to do day trading, they have advantages to make a good profit although it involves a lot of experience on their part. And I'm sure with the current price swing, there are a lot of big boys earning by the millions today.
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Reatim
Sr. Member
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October 31, 2017, 03:18:24 PM |
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I don't like what I'm seeing, looks like someone from behind is manipulating the price to their advantage. The price swing is not organic for me, the only one that is benefiting from all of it is the whales. As much as this practice is really fraudulent, we cant really do anything about it. I hope casual traders are not swept by this market manipulators though, and hope that they can at least get a share from the profit today.
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KateDiamond
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October 31, 2017, 03:23:24 PM |
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I don't like what I'm seeing, looks like someone from behind is manipulating the price to their advantage. The price swing is not organic for me, the only one that is benefiting from all of it is the whales. As much as this practice is really fraudulent, we cant really do anything about it. I hope casual traders are not swept by this market manipulators though, and hope that they can at least get a share from the profit today.
All the crypto currency market is speculation. Why do you complain that someone is speculating?=)
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Ekanenf
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2017, 03:27:16 PM |
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I don't like what I'm seeing, looks like someone from behind is manipulating the price to their advantage. The price swing is not organic for me, the only one that is benefiting from all of it is the whales. As much as this practice is really fraudulent, we cant really do anything about it. I hope casual traders are not swept by this market manipulators though, and hope that they can at least get a share from the profit today.
I hope what you're saying is wrong because it is really true then those whales or big investors could easily make bitcoin's go low and made those small investors such as us lose some money. I do hope that it's just a wrong sell order made by someone but if not then goodluck.
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jmxcursi
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October 31, 2017, 03:44:28 PM |
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HODL ON TIGHT! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Dudeperfect
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2017, 03:56:12 PM |
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What could be the possible reason? I think, there might be the involvement of margin traders and they trade huge amount with high leverage for short time span considering the sentiments of the market for the same. However, I am not surprised with such incident as in a wild behaviour like current market movements, everyone would try to en-cash the opportunities and this price graph highlights the same.
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btcprospecter
Sr. Member
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★777Coin.com★ Fun BTC Casino!
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October 31, 2017, 03:56:33 PM |
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This is the rolercoster of the world of bitcoin as a means of investing and trading there is plenty of money to made trading expecially as it is as volatile as it is.
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diskodasa
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October 31, 2017, 04:22:38 PM |
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For me, It's normal. I knew it will raise up. The prediction is $100,000 in 2020. Did you buy Bitcoin yet? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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mycryptobiz
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October 31, 2017, 04:47:26 PM |
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since when do we get excited about 3% fluctuations in bitcoin?
i remember when i started price moved 10% and people were just saying "it is bitcoin, that's normal". then 20% was a big movement that people started thinking about it. then 30-40% were something to make a topic about.
Yes you nailed this there is no reason this should be a concern we almost see this every week. if this movement obsereb in usd/eur pair. We could say yeah thats a huge thing. But in bitcoin this kind of price moment doesn't concern at all.
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Ben.Lock
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October 31, 2017, 04:50:02 PM |
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BTC keeps on going up, What will happen after the fork? Are we going to witness a crazy huge dump?
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Dan D. Lion
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October 31, 2017, 04:51:35 PM |
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A move of $100 or $200 for an underlying asset that is worth over $6,000 isn't really such a big move, especially considering Bitcoin's relative "newness".
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Plie
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October 31, 2017, 05:18:11 PM |
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It has become very common in the next year, but surprisingly enough, I have never saw anyone talking about it before you.
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Harlot
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October 31, 2017, 05:31:07 PM |
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Look at those massive volumes. By the way am I the only one who notice in the hourly chart that the volume is decreasing? Meaning that the market is already settling in and no more sellers are participating the lowered the price. Anyways that is how it works from 6100$ to 6380$ a very good profit for those who are looking for a day trade. Expect a more bumpy ride in the next few days as profit taking might soon start.
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Manchumichael
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October 31, 2017, 05:54:13 PM |
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It has become very common in the next year, but surprisingly enough, I have never saw anyone talking about it before you.
This kind of dump and pump we are seeing it from last few months that is why no one is talking about this topic.
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pat4cryptoreal
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October 31, 2017, 09:19:04 PM |
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Anyone that have been in the business of trading will not panic over the fluctuation in price of bitcoin no matter degree of fluctuation. The price can change just in a jiffy.
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Vatimins
Sr. Member
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October 31, 2017, 11:21:30 PM |
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... all in the space of a few seconds. Check the time-stamp. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fbitcoincharts.com%2Fcharts%2Fchart.png%3Fwidth%3D940%26m%3DbitstampUSD%26SubmitButton%3DDraw%26r%3D2%26i%3D%26c%3D0%26s%3D%26e%3D%26Prev%3D%26Next%3D%26t%3DS%26b%3D%26a1%3D%26m1%3D10%26a2%3D%26m2%3D25%26x%3D0%26i1%3D%26i2%3D%26i3%3D%26i4%3D%26v%3D1%26cv%3D0%26ps%3D0%26l%3D0%26p%3D0%26&t=665&c=R2Fz68L2I2DO3Q) ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Watching these kind of charts on the internet about Bitcoins, i just cannot help but feel amazed. Bitcoin is just amazing. Imagine bitcoin's humble beginnings amd try to campare it to where bitcoin iis now today. The journey was just magical. I kean, who would've predicted that bitcoins would rise so much in just a pretty short period of time? No one can really deny the greatness of the coin and the minds behind it.
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shesheboy
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October 31, 2017, 11:29:11 PM |
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Bitcoin prices are heart-shocking, but believe me all is fine, because bitcoin prices are like that every day.
yeah it is verry shocking to see that its value is rising quickly but it is not fine or usuall to see that its price is rapidly going up , as we all know in the past days of bitcoin, its value is only stable at 3500 to 4000$ and also going down sometimes but not these days because it is merely jumping day by day thats why most of us are reasonably happy because they see that they've already made a profit in just a short time.
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fabiorem
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November 01, 2017, 12:48:07 AM |
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Just another day in bitcoinland, OP. Nothing to worry about.
Looks like is trying to consolidate a $6000 floor.
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