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Author Topic: CRYPTO DOOMS DAY?  (Read 820 times)
ac2eugenio (OP)
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November 30, 2017, 03:00:50 PM
 #1

Someone is manipulating the market,few days back BTC bullrun i think investors put their money on that day
Yesterday BTC/USD + ALT/USD exchanges pumps,clear they converted the BTC to USD

Today all the coins are bleeding only 4/200 has price increase

is this the end of the crypto?
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magle
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November 30, 2017, 03:06:27 PM
 #2

I would say that it is just a simple correction. Even the stock market does this.
Look at the current prices today and how the prices was just one month ago or just 14 days ago.
They are still way up
Bytem3
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November 30, 2017, 03:08:52 PM
 #3

It's not that bad, was worse. Is starting to stabilize. Seems like Bitcoin price hit the bottom, there's very strong resistance at $9000.

Everything seems to be bouncing back.


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November 30, 2017, 03:13:45 PM
 #4

Someone is manipulating the market,few days back BTC bullrun i think investors put their money on that day
Yesterday BTC/USD + ALT/USD exchanges pumps,clear they converted the BTC to USD

Today all the coins are bleeding only 4/200 has price increase

is this the end of the crypto?


Why do you ask if this is the end of crypto? I think this is just the beginning. This is what traders like, and I think that most of the investors in crypto are traders. I'm sure they are winning a lot from these swings, so they are not going anywhere. Usually there is a lot of money to be made on recent markets. Since the liquidity is not that big, big whales can move markets and take profit from weak hands. I'm not a trader, so I will just hold my coins during these swings. Don't forget that futures are coming in, and with futures ETF's will also come, so this is only the beginning actually,

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cioloxl
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November 30, 2017, 03:15:56 PM
 #5

Someone is manipulating the market,few days back BTC bullrun i think investors put their money on that day
Yesterday BTC/USD + ALT/USD exchanges pumps,clear they converted the BTC to USD

Today all the coins are bleeding only 4/200 has price increase

is this the end of the crypto?


https://99bitcoins.com/bitcoinobituaries/

Yeah. Why are people so...naive, let's use a euphemism. We are on our way to an economic revolution. And there's nothing stopping us, not some minor bumps along the way, which are very much healthy, I might add.
lsd400
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November 30, 2017, 03:19:58 PM
 #6

Correction like this was expected. No FUD. I thought it will be at 10k. Good time to a buy a dip.
Yaunfitda
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November 30, 2017, 03:22:16 PM
 #7

Someone is manipulating the market,few days back BTC bullrun i think investors put their money on that day
Yesterday BTC/USD + ALT/USD exchanges pumps,clear they converted the BTC to USD

Today all the coins are bleeding only 4/200 has price increase

is this the end of the crypto?


We have seen countless time that bitcoin and altcoin market bleeds. So I just this what you are seeing today is not a exception. I believed that there is a manipulation, not just today but in the past and it will still occur in the future. I see most of the top altcoins have already lost more than 20%, while bitcoin around 15%. So that's serious manipulations.

But not all of them though are thru manipulations, maybe half of it are cause by the panic investors as well. Someone made large sell orders, others saw it the wall, then they follow suit and then the fear of others making them sell as well. But again, bitcoin have shown that it can recover, think of what's happening right now in a bright side. Buy more bitcoin and altcoins because they are down right now.

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aliman00
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November 30, 2017, 03:26:44 PM
 #8

take a deep breath and step away from computer.... Go take your dog for a walk, visit some family and friends Smiley smell some flowers or enjoy fresh new snow... for the love of god just step away from what ever you are doing now Smiley this is not for faint hearted and asking if this is the end of crypto you seems to be one of does Smiley Smiley

Come back tomorrow or day after and you will see there was nothing to worry about Smiley too much money is invested into crypto for it to wanish just like that Smiley   

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VarDiff
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November 30, 2017, 03:54:32 PM
 #9

Someone is manipulating the market,few days back BTC bullrun i think investors put their money on that day
Yesterday BTC/USD + ALT/USD exchanges pumps,clear they converted the BTC to USD

Today all the coins are bleeding only 4/200 has price increase

is this the end of the crypto?


Let me guess — you join crypto less than 3 months ago? This is not a first red day on coinmarketcap, believe me.
Wa saw many of them this year, we will see more in next year. Almost every coin fundamentally related to Bitcoin.

On any excnahge the base currency is BTC, it's easy to pour money from Altcoins to Bitcoin and vise versa, so each time when bitcoin is rising altcoins usually bleeds.
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November 30, 2017, 03:57:41 PM
 #10

Don't really need to panic already this has happened before as well good time to buy if it falls more, I am sure it will go up again with time.

ac2eugenio (OP)
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November 30, 2017, 03:58:33 PM
 #11

Someone is manipulating the market,few days back BTC bullrun i think investors put their money on that day
Yesterday BTC/USD + ALT/USD exchanges pumps,clear they converted the BTC to USD

Today all the coins are bleeding only 4/200 has price increase

is this the end of the crypto?


Let me guess — you join crypto less than 3 months ago? This is not a first red day on coinmarketcap, believe me.
Wa saw many of them this year, we will see more in next year. Almost every coin fundamentally related to Bitcoin.

On any excnahge the base currency is BTC, it's easy to pour money from Altcoins to Bitcoin and vise versa, so each time when bitcoin is rising altcoins usually bleeds.

yes i joined 3months ago,but the experts says this is the first time thay btc dip so fast,maybe i am wrong i guess i will just watch some movie right now thanks for your comments guys really appreciated.
joshmontford
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November 30, 2017, 04:01:04 PM
 #12

the general picture looks bad, i agree, but it is still good. When bitcoin goes to 20.000 or even 50.000 and than drops to 5-6k, that will be a bad day for the crypto. and it will happen

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November 30, 2017, 04:04:03 PM
 #13

What happened is normal in trading it so happens in FOREX trading and stock market. It  is just a swing you  sometimes gain and sometimes loss. You can not have it all.The fact is crypto currencies have come to stay no doubt about it.
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November 30, 2017, 04:10:58 PM
 #14

It's always the same thing. Crypto's up we'll see threads like crypto is the future, when crypto's are down again we see threads like these.
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November 30, 2017, 04:13:12 PM
 #15

Someone is manipulating the market,few days back BTC bullrun i think investors put their money on that day
Yesterday BTC/USD + ALT/USD exchanges pumps,clear they converted the BTC to USD

Today all the coins are bleeding only 4/200 has price increase

is this the end of the crypto?

Nobody is manipulating the market, it is a normal occurrence that happens once in a while yesterday there was a massive bullish trend on the price of bitvoin while other altcoins drop in price a good trader will sell off some bitcoin at that moment before the drop making tremendous profits while at same time buys some promising altcoins, presently the price of bitcoin had drop triggering buying sentiment it is time to buy again and hodl.

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November 30, 2017, 04:17:23 PM
 #16

It is just normal that this is happening. It is just normal for the sudden pump and dump of the price of the coins, this is because everyday consumers buy and sell the coins they have. They trade, convert and all. The supply and demand is moving, and it is economically healthy.

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November 30, 2017, 04:20:37 PM
Last edit: December 03, 2017, 06:12:59 PM by Reatim
 #17

Someone is manipulating the market,few days back BTC bullrun i think investors put their money on that day
Yesterday BTC/USD + ALT/USD exchanges pumps,clear they converted the BTC to USD

Today all the coins are bleeding only 4/200 has price increase

is this the end of the crypto?

Yes, they are bleeding but the end of crypto? NO

Are you here when the Chinese fakes news or whatever happened in September? Bitcoin drop at a rate of more than 30%. And I don't know about the alt but I'm sure that they have been affected as well. If you were already here I'm sure you are all going crazy that time seeing the price plummeting to the floor after enjoying all time highs specially bitcoin.

take a deep breath and step away from computer.... Go take your dog for a walk, visit some family and friends Smiley smell some flowers or enjoy fresh new snow... for the love of god just step away from what ever you are doing now Smiley this is not for faint hearted and asking if this is the end of crypto you seems to be one of does Smiley Smiley

Come back tomorrow or day after and you will see there was nothing to worry about Smiley too much money is invested into crypto for it to wanish just like that Smiley  
Pick any one from the suggestions above. When I was just starting, I will just go walk around the neighborhood to take my mind to what's happening. You should do the same.  Smiley

As you continue your journey in crypto you will see a lot of bleeding along the way, this is not the first. But you will learn how to react with this kind of scenario when you mature enough. And if someone is manipulating, it will not last and only be temporary, they can't manipulate price when there is a lot of investors who already poured their cash in the market.











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November 30, 2017, 04:24:14 PM
 #18

what happen in the cryptocurrency price is going dump again see this link. Maybe because the coming silver fork is coming in dec 2017.

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November 30, 2017, 04:24:39 PM
 #19

I would say that it is just a simple correction. Even the stock market does this.
Look at the current prices today and how the prices was just one month ago or just 14 days ago.
They are still way up

Honestly, people who are in crypto now are like the people who were buying Cisco stock for a 1.50 in the 90's. Crashes and runs are the name of the game, but for those who stay woke and play it smart, things will be all right.

(obvious disclaimer: this is financial advice, mileage may vary)
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November 30, 2017, 04:32:56 PM
 #20

Yup it was a horrible day, i still dont want to look at the exchanges right now. Alts and bitcoin took a beating. But it doesnt seem that bad right now. You can see how much money was taken out of crypto dropping mcap down to $280,000,000,000 roughtly currently.. this happened all in one day. Very crazy and shows what kind of whales are out there cashing out on crypto.
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