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

[MoneyBackCoin]

WHAT IS CAUSING BITCOIN TO DROP?

AND NO IT'S NOT JUST FUD!!

[LFC_Bitcoin]

Co-ordinated dumping my whales or financial institutions?

[First77]

$1 to $1000 in 7 years   

[bayu7adi]

Co-ordinated dumping my whales or financial institutions?

is there a coordinated whale team that can affect the world market?
and why every price dump always involves the world's financial institutions?

[Jating]

OK I found something interesting. There was a massive dropped rate in global hash as reported by one member:

https://bitcointalk.org/index.php?topic=2860913.msg29401312#msg29401312

The massive dropped rate coincides with the price of bitcoin dropping as well. This could be something that other experts here nee to look at. I'm still trying to dissect the situation. But again others who have more knowledge can chime in as well. Are there any connections? Is this Bitmain's way to manipulate the price in their favor?

[Zyborg]

There are some reasons due to which i think BTC is dropping,its being manipulated by some whales which are only 40% BTC,there unexpected move cause BTC value to move up & down.Also there are some rumors  that its being centralized by govt,causing its value to down,temporary ban in china and south korea also affecting its value.Also there are are some investors who bought BTC recently at some high price and now observing its downward behavoir,they are withdrawing their investments to avoid further loss,basically BTC is long term investment,due to high supply in market demand is low pushing price to go downward.Another healthy change is expected in 2018 around $20k-$25k.Lets see.

[September11Myth]

Co-ordinated dumping my whales or financial institutions?

You have got it. By the way of the complicity of governments and mainstream media who together have started to attack Bitcoin in many different ways, such as the BS Indian news of today.

[googlerankspecialist]

NSA CIA FBI AND WALLSTREET

[infinity33]

Co-ordinated dumping my whales or financial institutions?

is there a coordinated whale team that can affect the world market?
and why every price dump always involves the world's financial institutions?

For this is true that there is some whale team that are behind on it wherein they may able to make some way of that bitcoin may dump for.

[EnormousCoin101]

Co-ordinated dumping my whales or financial institutions?

You have got it. By the way of the complicity of governments and mainstream media who together have started to attack Bitcoin in many different ways, such as the BS Indian news of today.

If there is an coordinated dumping from the whales then can we assume that they are the one who brought mislead information in the community about the news on India? anyway I saw a lot of articles/news about explaining that India will embrace the Blockchain technology so let's just wait a few hours or days then the market will recover after this FUD's.

[nioctiB#1]

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.

[Daffadile]

It's a freaking conspiracy. Must be Illuminati xP

There are some reasons due to which i think BTC is dropping,its being manipulated by some whales which are only 40% BTC,there unexpected move cause BTC value to move up & down.Also there are some rumors  that its being centralized by govt,causing its value to down,temporary ban in china and south korea also affecting its value.Also there are are some investors who bought BTC recently at some high price and now observing its downward behavoir,they are withdrawing their investments to avoid further loss,basically BTC is long term investment,due to high supply in market demand is low pushing price to go downward.Another healthy change is expected in 2018 around $20k-$25k.Lets see.

I think the massive change in hashrate is the chinese bans and whatever the hell it is I don't even know what to call it. If you want to be rich turn those miners back on since now is a great opportunity especially those who bought s9 miners. Those will blaze through the hashes igniting the block chain like a drag car taking off the starting line snorting and growling like the beast it is while the tired set fire to the ground in a blaze of glory and ecstasy.
It's not even a problem. Bitcoin is still way up from when I got mine. I enjoyed that spike but now it is over and back to normal oh wait.... Normal was $3000 now its $9000... still in the green. Time to buy. $$$ I got diamond eyes baby!! $_$

[Ris88]

Whether this is a whale team game that makes the price drop, and later they can buy back when bitcoin prices are so cheap, surely this is a really good question to answer !!

[yoseph]

There are some reasons due to which i think BTC is dropping,its being manipulated by some whales which are only 40% BTC,there unexpected move cause BTC value to move up & down.Also there are some rumors  that its being centralized by govt,causing its value to down,temporary ban in china and south korea also affecting its value.Also there are are some investors who bought BTC recently at some high price and now observing its downward behavoir,they are withdrawing their investments to avoid further loss,basically BTC is long term investment,due to high supply in market demand is low pushing price to go downward.Another healthy change is expected in 2018 around $20k-$25k.Lets see.

I believe that the South Korean ban issue has already been resolved but the price is still going down, I am thinking that facebook ICO advertising ban is contributing to this massive in prices.

[creeps]

Whether this is a whale team game that makes the price drop, and later they can buy back when bitcoin prices are so cheap, surely this is a really good question to answer !!

A good question that no one can answer right. It hurts to see bitcoin on this kind of situation but we must be strong enough to control our emotion and remain positive despite of losses. Can really bitcoin go higher? Yes of course but I think it will take time, just buy more and be patience.

[btcwish1]

There was a news today that in Indian budget they are planning to ban Cryptos etc. This FUD may cause this dumping...

But again,  all credit card bans, then FUD one after another, dropping BTC  all can't be coincidence.  Somewhere something bad is really being planned against BTC.

[Reatim]

There are some reasons due to which i think BTC is dropping,its being manipulated by some whales which are only 40% BTC,there unexpected move cause BTC value to move up & down.Also there are some rumors  that its being centralized by govt,causing its value to down,temporary ban in china and south korea also affecting its value.Also there are are some investors who bought BTC recently at some high price and now observing its downward behavoir,they are withdrawing their investments to avoid further loss,basically BTC is long term investment,due to high supply in market demand is low pushing price to go downward.Another healthy change is expected in 2018 around $20k-$25k.Lets see.

I believe that the South Korean ban issue has already been resolved but the price is still going down, I am thinking that facebook ICO advertising ban is contributing to this massive in prices.

I have to disagree with the Facebook banning of ICO that contributed to this massive dumping. But you are correct about the South Korean ban, its been resolved already more than a week ago and we even see the price recovered after that fake news.

There was a news today that in Indian budget they are planning to ban Cryptos etc. This FUD may cause this dumping...

But again,  all credit card bans, then FUD one after another, dropping BTC  all can't be coincidence.  Somewhere something bad is really being planned against BTC.

I think the news coming from India added fuel to the fire. But I'm still not sold on it. There are really big reasons about this crash that is not clear to all of us as of the moment. If I'm a whale, I wouldn't do a coordinate dump with others. I would rather hold. It doesn't make any sense at all to do that.

[zzz163519]

every east-Asian country wants to ban bitcoin exchange nowaday....first is China in last September , then is Korea now is India ..why?

[darkangel11]

$1 to $1000 in 7 years  

That's GIANT PONZI SCHEME or FRAUD SCHEME

My troll meter is burning up. We're running out of scale here!  

I believe that the South Korean ban issue has already been resolved but the price is still going down, I am thinking that facebook ICO advertising ban is contributing to this massive in prices.

OK, allow me to explain. The top of the chart is full of newbies who jumped on the train late, at 15-17k USD or higher. Some of those guys sold when they read the fud news, some sooner, some later, most at a loss. For many inexperienced people it's a disaster especially that some of them had taken loans to invest. They aren't thinking straight after a loss like that and instead of buying back lower they get scared or angry or depressed and give up.
That's one of the main reasons why the price is going down with fake news and is not bouncing back up.

[TimtheYoutuber]

Up over 1000% in the last 365 days " GUYS ITS DROPPING, CRASHING, BURNING WERE ALL IN DANGER"


If you are panicking you probably bought bitcoin at the top, which is bad. Dont invest unless you research and understand what you are doing.