12tribes
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November 30, 2017, 03:11:47 PM |
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Yes and no..... a huge dump results in the crash or dipping of btc price.......... a lesser demand for btc can result in the price dipping. one way to know for sure why this is happening is to follow a btc demand/supply real time chart. A sudden dip may indicate the dump while a gradual dip may indicate a steady decline in demand of btc..... it will bounce back anyway.
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dipok07
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November 30, 2017, 03:14:50 PM |
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Market sector is the main job. In the trading process, the price increases will decrease. However, it can be hold or can be purchased. Basically, if you look back, Bitcoin has increased this year, rather than decreasing this year.
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tiggytomb
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Activity: 1848
Merit: 1000
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November 30, 2017, 03:15:13 PM |
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It'll be back, if you can time it right you can pick up a bit extra on the way back up but this can be tricky, not quite perfected this yet, also some altcoins might be at the right level to scoop up.
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Lambo-san
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Activity: 35
Merit: 0
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November 30, 2017, 03:15:18 PM |
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Why bitcoin price decreasing, now the price is $9,346.22 !! what is the causes of this dump ? Also all of alt coin dumped.
You say this as if this is the first time Bitcoin's price decreases. Bitcoin is volatile and seeing it decreases that much is very much common. After achieving its peak price, it is normal to see some cashing out to withdraw their profits. Some just sell in order to buy in some more when the dump comes [just like what's happening now]. Volatility is a nature of cryptocurrency, you just have to get use to it.
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Harlot
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November 30, 2017, 03:18:51 PM |
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Well the prices are basically controlled by the market and its influencers which are the big players of the Bitcoin Market, right now they see the price above 10,000$ level as an opportunity to create a profit taking for themselves, with the big quantity of Bitcoin they have and how it will create a ripple effect on other sellers it will inevitably make the price of Bitcoin decrease. Also the profit taking will be the one to start a panic selling in the market. It is one of the biggest disadvantage of being a decentralized currency (as a consumer).
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RobbieDK
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November 30, 2017, 03:20:38 PM |
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It's just how the market works. It goes up, everybody happy It goes down, everybody in panick mode
Relax, get a beer and wait untill the bull returns
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supto005
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November 30, 2017, 03:20:49 PM |
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Why bitcoin price decreasing, now the price is $9,346.22 !! what is the causes of this dump ? Also all of alt coin dumped.
don't worry!! It's a low of Cryptocurrncy. The price of cryptocurrency always down as well as up. Now it's time to dumping after few time it also pumping. So, keep waiting!
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akram143
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Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
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November 30, 2017, 03:21:15 PM |
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Why bitcoin price decreasing, now the price is $9,346.22 !! what is the causes of this dump ? Also all of alt coin dumped.
This just a normal scenario in bitcoin world the price correction will occur after a price bump but the price will recover soon in some days.So don't lose your hope and sell your bitcoins just grab your bitcoins tightly for richer future. Yeah ethereum price also decreased but the price of these coins will increase soon maybe this is happening due to month end.
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SuperD007
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Treat People How You Would Like To Be Treated.
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November 30, 2017, 03:25:55 PM |
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This will probably only last a few days and it will bounce back. If you remember when it breached $9000 before that there was a slump down to somewhere around $5000 very briefly... Nothing to stress about
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Ariess
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November 30, 2017, 03:28:01 PM |
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no need to panic. it is common in crypto ups and downs in stocks are common, you should know that. currently bitcoin still tend to normal. maybe you can buy it or sell it. it's all about your speculation and understanding.
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audrey12
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November 30, 2017, 03:28:15 PM |
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Before I use to worry whenever I saw the bitcoin price drop a and I admitted there comes a time that I do the panic selling mode and I regret that, this pump and dump is what makes bitcoin a top crypto currency today and yes it is very volatile but we must not worry and enjoy the opportunity whenever the value drops because for sure after some quite time it will recover and can even give a much higher price. Just enjoy the pump and dump
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Silenox
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November 30, 2017, 03:30:18 PM |
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This is normal and healthy, if you start climbing without stopping, when you fall it can be very ugly.
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RodeoX
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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November 30, 2017, 03:31:02 PM |
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welcome to bitcoin! This is what we call a small correction. IMO, it's not a dump till say 35%. It has happened many times and hopefully it will happen many more. I hope everyone else got their buys in, there's sick value to be made right now.
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Variogam
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November 30, 2017, 03:36:17 PM |
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Buy when there is blood in the market, sell when there is hype. Simple, but works.
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Lampaster
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November 30, 2017, 03:37:03 PM |
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welcome to bitcoin! This is what we call a small correction. IMO, it's not a dump till say 35%. It has happened many times and hopefully it will happen many more. I hope everyone else got their buys in, there's sick value to be made right now.
Bitcoin becomes too expensive to mass it can buy people. This means that bitcoin will attract only the rich. You do not see this danger? We constantly see the joyous cries of those who have accumulated some bitcoin. They rejoice that, without hard earned money on the appreciation. But they don't think about the consequences.
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Reatim
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⭕ BitList.co
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November 30, 2017, 03:40:46 PM Last edit: December 03, 2017, 06:13:32 PM by Reatim |
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Before I use to worry whenever I saw the bitcoin price drop a and I admitted there comes a time that I do the panic selling mode and I regret that, this pump and dump is what makes bitcoin a top crypto currency today and yes it is very volatile but we must not worry and enjoy the opportunity whenever the value drops because for sure after some quite time it will recover and can even give a much higher price. Just enjoy the pump and dump Yes, bitcoin have demonstrated in the past that if its value has drop, the next thing that it going to happen is that the price will rebound and can achieve even greater price as its previous all-time-high, so all of us should not be disappointed to see the price going down. On the contrary, this is really a good buying opportunity. I learned this the hard way when I was just starting. I will panic sell and push the button whenever I see the price dipping. And soon I realized that I'm making the wrong move. I should be buying in this dip instead of selling. I guess all of us experience this kind of anguish and apprehension before. And it you look at the market right now, its not only bitcoin who is bleeding, but the rest of altcoin as well. So maybe there is some serious corrections that we are going to see in the next few days. Just hold and don't sell. There's is no point of dumping today.
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sazon84
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November 30, 2017, 03:43:05 PM |
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Yesterday one of the whales decided to take profits and sold bitcoins for a very large sum! And the price went down. It is a pity that altcoins too followed him, after all, only a little started to grow before that
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longyenthanh
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November 30, 2017, 03:43:35 PM |
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Why bitcoin price decreasing, now the price is $9,346.22 !! what is the causes of this dump ? Also all of alt coin dumped.
It's looks like a normal correction. It had to happen after high ups. Investors make profits. No reason to worry for now.
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kobo_eth
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November 30, 2017, 03:45:22 PM |
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The golden rule - buy low, sell high; everyone knows it and it is so simple to follow. BTC is still to breach another ath; I doubt it will ever ever go below 5k again; maybe a temp dip and around Christmas it will raise for sure again.
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ChainSmoker
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November 30, 2017, 03:58:19 PM |
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Nothing new.This is very usual in case of bitcoin.Right now bitcoin price is going down because whales are taking their profits and also week hands are panic selling bitcoins . Correction is also taking place since bitcoin price rise very fast in short period of time.All these factors are affecting dumping of bitcoin.Nothing to worry about because bitcoin price will rise again once the correction is over and whales start buying again
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