These dips and rises are more than just people cashing out and buying.

[Nebell]

I can understand if there's some major FUD going on about Bitcoin and it drops.

But other coins dropping at the exact same time, to the minute, is fucking confusing.

It's just not possible for the whole market to go up and down at the same time. It's just not unless someone is controlling everything. It's understandable if money moves from one coin into another, but everything just goes down at the same time, then goes up like if money is being created out of nowhere and put into every single coin.

Currently on top 100, only about 5 coins have more than 5% gain (still less than 10%), while everything is down. And in a few days, everything will go +10% to +20%.
I see the whole crypto scene as waves that always become a bit stronger with an occasional storm creating bigger waves. Like, waves come to the shore, then retract, but come back a bit stronger, and retract to a bit more than before, then come back even stronger and so on.

Maybe exchanges have their fingers in it, but unless someone can give me a fantastic reason why Bitcoin and altcoins drop at the exact same time (and pump), then I think there's some foul play in all this.
I will not accept mediocre answers that I've read here so many times. I am 100% convinced that everyone is being played. And while people here will come and say "whales". In that case, these whales must have groups. Let's say "Bitcoin whales, Ethereum Whales, Waves Whales, NEO Whales" and so on, and they work together creating these waves. In that case crypto is nothing more than a playground for rich people, just like the rest of the world.

[radokan]

First we have whales, then we have pump and dump groups, panic sellers, panic buyers, number of newcomers is increasing every day - and believe me, even they are brand new in trading they all have something in common - they all think they are professional traders but they are just bunch of panic sellers and buyers who are panic selling every time they see that their profit didn't increase in 5 minutes and on the other hand they are buying coins just because everyone is buying, +FUD, +FOMO.
Put all that together and you will have your answer.

[Alin998]

Hello!
My thought exactly. This it s was a little more dubious: a few days ago was the reason for the market decline in South Korea, but a country has such a big impact on a global market? That would prove very fragile.
Newer are news of countries' intentions to regularize cryptocoins. Again, there s no good reasons for these decreases.
Are these very independent, decentralized, non-state-dependent coins really so sensitive?

[jjbanks994]

First we have whales, then we have pump and dump groups, panic sellers, panic buyers, number of newcomers is increasing every day - and believe me, even they are brand new in trading they all have something in common - they all think they are professional traders but they are just bunch of panic sellers and buyers who are panic selling every time they see that their profit didn't increase in 5 minutes and on the other hand they are buying coins just because everyone is buying, +FUD, +FOMO.
Put all that together and you will have you answer.

Agreed lol. Lots of activity and everyone sort of follows the same pattern. The only time you win is when you HODL and buy low, sell high. Never panic sell or buy. That's my rule of thumb

[itsonlikedonkeykong]

It seems like since the 2 major BTC futures contracts started trading Bitcoin has been collared.  Don't you think?

What will it take for BTC to breakout and make new ath?

[jzone23]

I'm also wondering what makes almost all coins in red. From time I start with cryptos I used to see pump in other alts everytime bitcoin is in deep but this week as Im expecting my hodlings are in pump after huge dump btc but upon checking almost all are dump and there are unpopular coins (almost shitcoins) pumping really hard some even around 500%.

[boyjackyou]

I can understand if there's some major FUD going on about Bitcoin and it drops.

But other coins dropping at the exact same time, to the minute, is fucking confusing.

It's just not possible for the whole market to go up and down at the same time. It's just not unless someone is controlling everything. It's understandable if money moves from one coin into another, but everything just goes down at the same time, then goes up like if money is being created out of nowhere and put into every single coin.

Currently on top 100, only about 5 coins have more than 5% gain (still less than 10%), while everything is down. And in a few days, everything will go +10% to +20%.
I see the whole crypto scene as waves that always become a bit stronger with an occasional storm creating bigger waves. Like, waves come to the shore, then retract, but come back a bit stronger, and retract to a bit more than before, then come back even stronger and so on.

Maybe exchanges have their fingers in it, but unless someone can give me a fantastic reason why Bitcoin and altcoins drop at the exact same time (and pump), then I think there's some foul play in all this.
I will not accept mediocre answers that I've read here so many times. I am 100% convinced that everyone is being played. And while people here will come and say "whales". In that case, these whales must have groups. Let's say "Bitcoin whales, Ethereum Whales, Waves Whales, NEO Whales" and so on, and they work together creating these waves. In that case crypto is nothing more than a playground for rich people, just like the rest of the world.

Ofcourse some is playing the market,im talking about the bigger players than these pump and dumps whale groups like the wallstreet and CME these financial institutions are the ones who has the big roles in what the market will do,FUDS are easy to manipulate you just need to pay some paid sites (1BTC per post in cointelegraph correct if me if i am wrong) to spread madness in the market,then the price of Bitcoin will move which alts are going to bleed whatever happens,this is how the market works if you ask me.

[bdc604]

Bots, most running the same baseline algo. Estimated 80% of all trades. Thats why u see the same patterns.

[Argoo]

Now in the world of crypto currency every day
 millions and tens of millions of people are drawn into it. The crypto currency has attracted the attention of the governments of almost all states that make their decisions with respect to the crypto currency. All this has a contradictory effect on its growth and therefore its movement is more and more difficult to predict.
     At the same time, the last growth of ethereum and other altcoins, in my opinion, is caused just by the drop in the price of bitcoin and its unsolvable problems with slowness and high transaction costs. That is, bitcoin in general falls in price, albeit with waves, and altcoyins are growing because the popularity of bitcoin is falling and more and more investors prefer to invest in altcoyins. So far everything is logical.

[TechupSilence]

Indeed. HODLing is the best strategy for me so far. And no stress at all. You just need to decide what you wanna buy next at the next dip

[jmlona]

I can understand if there's some major FUD going on about Bitcoin and it drops.

But other coins dropping at the exact same time, to the minute, is fucking confusing.

It's just not possible for the whole market to go up and down at the same time. It's just not unless someone is controlling everything. It's understandable if money moves from one coin into another, but everything just goes down at the same time, then goes up like if money is being created out of nowhere and put into every single coin.

Currently on top 100, only about 5 coins have more than 5% gain (still less than 10%), while everything is down. And in a few days, everything will go +10% to +20%.
I see the whole crypto scene as waves that always become a bit stronger with an occasional storm creating bigger waves. Like, waves come to the shore, then retract, but come back a bit stronger, and retract to a bit more than before, then come back even stronger and so on.

Maybe exchanges have their fingers in it, but unless someone can give me a fantastic reason why Bitcoin and altcoins drop at the exact same time (and pump), then I think there's some foul play in all this.
I will not accept mediocre answers that I've read here so many times. I am 100% convinced that everyone is being played. And while people here will come and say "whales". In that case, these whales must have groups. Let's say "Bitcoin whales, Ethereum Whales, Waves Whales, NEO Whales" and so on, and they work together creating these waves. In that case crypto is nothing more than a playground for rich people, just like the rest of the world.

I think it's exactly that, a lot of uncertainty and that's being taken advantage of by some of the larger holders in the markets. It's pretty much what always happens to be honest.

[Similificator]

Well, i cannot really say that much or guve a great explanation about why things like these are happening right now with almost every cryoto currency existing but, i can probably say that maybe this is the other scenario that is missing in the crypto world. Because we already have the "high bitcoin price = low altcoin price" so maybe this is just another scenario that can happen and just happened. We can never tell. Since crypto currencies are still new to this world and the fact that it is unpredictable guves way for this theory to be logical. What do you think?

[anasso]

the whole market is manipulated by whales and early adopters of bitcoin.

and because most of cryptocurrencies have BTC and ETH trading pair, when BTC down, crypto down.

[Zadicar]

Well, i cannot really say that much or guve a great explanation about why things like these are happening right now with almost every cryoto currency existing but, i can probably say that maybe this is the other scenario that is missing in the crypto world. Because we already have the "high bitcoin price = low altcoin price" so maybe this is just another scenario that can happen and just happened. We can never tell. Since crypto currencies are still new to this world and the fact that it is unpredictable guves way for this theory to be logical. What do you think?

You do have some points which I do actually agree on what you have said on here but we cant really avoid to make presumptions basing on what we do saw. Even though we wont know on the things that are really happening but with our own knowledge and on what we do observe we can really assume those things are happening behind. We might not be sure but actually its happening.

[penig]

I can understand if there's some major FUD going on about Bitcoin and it drops.

But other coins dropping at the exact same time, to the minute, is fucking confusing.

It's just not possible for the whole market to go up and down at the same time. It's just not unless someone is controlling everything.

Why is it not possible?  It happens regularly in other markets, why shouldn't it happen in crypto?  What you have to remember is that people simply holding, so not selling or buying, will lead to prices weakening as there isnt the demand to pick up those taking profits.

[cryptospear]

A lot of giant financial networks are joining our volatile market thats why the PND are getting more often than ever before,thats the risk we should learn in this cruel market.

[strickland]

A lot of giant financial networks are joining our volatile market thats why the PND are getting more often than ever before,thats the risk we should learn in this cruel market.

It's growing though the person with the most coins is going to try to manipulate the markets no matter how many people are in it.

[bamboylee]

You are just over thinking everything. It happens to any market all the time. It is just a bear trend, that is all. It happens that all money are going out of crypto. It happens in stock markets, it happens in crypto as well.