WHAT IS CAUSING BITCOIN TO DROP??????????

[1C6fV5DtakfKANLJ8GUV7hCaA]

Coordinated dumping by a whale team, massive drop in of hash rate, fake news, FUD, panic sellers, yearly pattern.

[pocketfullofpoke]

That's how volatile bitcoin looks like. Its market price will go down and up in a drastic way. Maybe people are dumping it since FUDing is always everywhere you can see. One factor that also causes these are whales (individual / group) selling their bitcoin in volume.

[sunno330]

I think the reason why bitcoin and all altcoins are now droping is because of false news about india making cryptocurrency illegal or banned. that is not actually true and it is just a misunderstanding by those people who reported it. but the problem is it spreads fear uncertainty and doubts to weak handed people and of course whenever they hear bad news they are always in rush to get out of the market.

Something I thinking as like you. People now in hesitation, sometimes bitcoin price will high, sometimes price low. Even sometimes go for very fast forward.Actually That was not the case, But it has happened. So now its cover the old Abnormal rise.

[amelitojr47]

the drop of price of bitcoin because some dump there bitcoin and some hesitate do buy because of the price its unstable for going up

[joshy23]

the drop of price of bitcoin because some dump there bitcoin and some hesitate do buy because of the price its unstable for going up

Many still doesn't understand how the market works and they keep failing themselves about this system, if only they see the big potential then they won't panic ans sell what they are already holding, bitcoin is another type of currency/investment where the supply and demand still followed, for sure big whales are very much happy with the current situation as they can buy more and hold.

[MoneyBackCoin]

the drop of price of bitcoin because some dump there bitcoin and some hesitate do buy because of the price its unstable for going up

Many still doesn't understand how the market works and they keep failing themselves about this system, if only they see the big potential then they won't panic ans sell what they are already holding, bitcoin is another type of currency/investment where the supply and demand still followed, for sure big whales are very much happy with the current situation as they can buy more and hold.

We know the answer to this already....but does everyone else?

What do Whales do to the market and how???

[timerland]

WHAT IS CAUSING BITCOIN TO DROP?

AND NO IT'S NOT JUST FUD!!

Whales dumping, and also FUD is an undeniable part of the reason why bitcoin is dropping at the moment. It's because of the combination of chinese mining bans, facebook bans on crypto related ads, korea ban rumors, as well as now, India ban rumors that is making the situation what it is right now.

Without these, bitcoin is still probably going to be thriving and more pumps would be flooding in at the moment.

Usually when these sort of news initially gets released, the markets will respond by dumping and price will drop. When the sanity returns to the market, the price will recover to an acceptable level and potentially even get pumped. This has been the case time and time again.

[hazukison]

WHAT IS CAUSING BITCOIN TO DROP?

AND NO IT'S NOT JUST FUD!!

Whales dumping, and also FUD is an undeniable part of the reason why bitcoin is dropping at the moment. It's because of the combination of chinese mining bans, facebook bans on crypto related ads, korea ban rumors, as well as now, India ban rumors that is making the situation what it is right now.

Without these, bitcoin is still probably going to be thriving and more pumps would be flooding in at the moment.

Usually when these sort of news initially gets released, the markets will respond by dumping and price will drop. When the sanity returns to the market, the price will recover to an acceptable level and potentially even get pumped. This has been the case time and time again.

If people were to learn to read instead of just looking at fake adverts constantly they'd realise the indian banning is FUD.

https://itsblockchain.com/india-not-banning-cryptocurrencies-stop-fud/

[Rrtt]

Bitcoin is dipping right now. In my opinion and just my thought, the reason for this fall is the bad news created by media with regards to bitcoin. One is Facebook banning cryptocurrency ad and just recently, The government of India is planning also to ban cryptocurrency. But I think this is just the correction going on right now.

[mi5]

WHAT IS CAUSING BITCOIN TO DROP?

AND NO IT'S NOT JUST FUD!!

people are selling it for less than they should. people want to sell quick so are accepting shit prices.

[imapessimist]

The market is dropping because people are taking their profit instead of holding.  When the price starts to fall people should take their profit and not be greedy.  And hold on day after day wringing their hands while the price crashes.    And nobody should buy on a rise. 

[MoneyBackCoin]

WHAT IS CAUSING BITCOIN TO DROP?

AND NO IT'S NOT JUST FUD!!

Whales dumping, and also FUD is an undeniable part of the reason why bitcoin is dropping at the moment. It's because of the combination of chinese mining bans, facebook bans on crypto related ads, korea ban rumors, as well as now, India ban rumors that is making the situation what it is right now.

Without these, bitcoin is still probably going to be thriving and more pumps would be flooding in at the moment.

Usually when these sort of news initially gets released, the markets will respond by dumping and price will drop. When the sanity returns to the market, the price will recover to an acceptable level and potentially even get pumped. This has been the case time and time again.

Even though everyone knows about the India FUD - it hasn't seemed to reverse the price. Instead it is tanking even faster!! How, do we get everyone to HODL. No one is listening to anyone.

This is one of the reasons we need an open community. To defeat the Whales causing this!!!

We are nearly at $8000 - we need to HODL!!!!




---------------------------------

MAJOR UPDATE REGARDING MONEY BACK COIN [MNBK]:

WE HAVE A NEW DETAILED AND UPDATED WHITEPAPER THANKS TO CONTRIBUTIONS FROM MANY MEMBERS.

DO SPEND TIME READING IT AND SHARING IT

https://projectmoneyback.org/wp-content/uploads/2018/02/Money-Back-Coin-Whitepaper.pdf

Please be patient regarding the ICO details. We only want to release this once the numbers are high enough or have hit the cap of 2000.
 Although we allocated a total of 30-days for the list to fill up. We are nearly full with just over 100 spaces left. Everyone give one last push and get the whitepaper/ retweets out to as many people as possible.

Also feedback or suggestions on understanding the whitepaper are always welcomed!!

[gabmen]

WHAT IS CAUSING BITCOIN TO DROP?

AND NO IT'S NOT JUST FUD!!

people are selling it for less than they should. people want to sell quick so are accepting shit prices.

Not just fud, but obviously fud has a big part in this if you ask me. Starting from chinese and korean crackdowns, to the misinterpreted indian illegalization of bitcoin. If you got in just recently, and a lot of people got in just recently, news like this would certainly shake your nerves especially if you see how it affects the market.

[MoneyBackCoin]

WHAT IS CAUSING BITCOIN TO DROP?

AND NO IT'S NOT JUST FUD!!

people are selling it for less than they should. people want to sell quick so are accepting shit prices.

Not just fud, but obviously fud has a big part in this if you ask me. Starting from chinese and korean crackdowns, to the misinterpreted indian illegalization of bitcoin. If you got in just recently, and a lot of people got in just recently, news like this would certainly shake your nerves especially if you see how it affects the market.

It's crazy for anyone who has just gotten in!!

Right now DIGIXDAO is the only crypto in the top 100 beating the downtrend!!

Definitely a traumatic experience for many right now!





-------------------------------------------


MAJOR UPDATE REGARDING MONEY BACK COIN [MNBK]:

WE HAVE A NEW DETAILED AND UPDATED WHITEPAPER THANKS TO CONTRIBUTIONS FROM MANY MEMBERS.

DO SPEND TIME READING IT AND SHARING IT

https://projectmoneyback.org/wp-content/uploads/2018/02/Money-Back-Coin-Whitepaper.pdf

Please be patient regarding the ICO details. We only want to release this once the numbers are high enough or have hit the cap of 2000.
 Although we allocated a total of 30-days for the list to fill up. We are nearly full with just over 100 spaces left. Everyone give one last push and get the whitepaper/ retweets out to as many people as possible.

Also feedback or suggestions on understanding the whitepaper are always welcomed!!

[TTITA]

Co-ordinated dumping my whales or financial institutions?

I do agree if this is probably an organized dumping. Of course it takes a lot of people to do the same thing so it can make the market become weak. Nowadays many speculations are evolving, ranging from restricted regulation, fud to bitcoin bubble, until crypto which is no longer interesting for big investor to enter the market.

[MoneyBackCoin]

Co-ordinated dumping my whales or financial institutions?

I do agree if this is probably an organized dumping. Of course it takes a lot of people to do the same thing so it can make the market become weak. Nowadays many speculations are evolving, ranging from restricted regulation, fud to bitcoin bubble, until crypto which is no longer interesting for big investor to enter the market.

This is beyond sad!!!

When people actually take time to understand why the crypto-market was founded and the freedom it stood for.

Little by little we are losing grip of such freedom.
Handing it right back into the control of the FED and Regulators.

It's not too late for everyone to rise up. Especially those with weak hands right now.

---------------------------

Let's eat the whales for breakfast
https://projectmoneyback.org

[severaldetails]

I think it is just panik. Many people who got in at 10K and above es that in the last weeks bitcoin know only one direction. Now they try to save as much of their money as they can.
Lets be honest, a bitcoin for 19K like we saw it in December, that is overvaluated. Maybe in a few years that will be a fair price.

[pixie85]

I think it is just panik. Many people who got in at 10K and above es that in the last weeks bitcoin know only one direction. Now they try to save as much of their money as they can.
Lets be honest, a bitcoin for 19K like we saw it in December, that is overvaluated. Maybe in a few years that will be a fair price.

It's funny that the price was almost 20000 USD with the network being slow and bottlenecked, fees reaching over 20USD for a single transaction and completely no solutions being implemented.
Now we have segwit, lightning transactions being tested, much less transactions in the mempool, cost of a transaction being down to 4USD if you don't have segwit set up and only 2 USD with segwit. So the network has improved and the price is below 50% of ATH. Crazy!

[MoneyBackCoin]

I think it is just panik. Many people who got in at 10K and above es that in the last weeks bitcoin know only one direction. Now they try to save as much of their money as they can.
Lets be honest, a bitcoin for 19K like we saw it in December, that is overvaluated. Maybe in a few years that will be a fair price.

It's funny that the price was almost 20000 USD with the network being slow and bottlenecked, fees reaching over 20USD for a single transaction and completely no solutions being implemented.
Now we have segwit, lightning transactions being tested, much less transactions in the mempool, cost of a transaction being down to 4USD if you don't have segwit set up and only 2 USD with segwit. So the network has improved and the price is below 50% of ATH. Crazy!

Absolutely brilliant point!!!!

It again goes to show what BS the whales or institutions are doing to manipulate the entire market.
 

[fulmetal08larz]

The bitcoin price movement downwards is just testing the market's support level and I think it may have reached the bottom price already but it could also be the whales who keeps on manipulating the market, setting bull traps. The upcoming Chinese New Year could also be a factor wherein the Chinese People greatly affects the market volatility before Feb 16.