cryptoneum (OP)
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February 02, 2018, 03:21:19 PM |
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Who is behind this crash, was it different government announcing regulation in concurrency?
Was it Big whales finally getting rid of bitcoin?
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SrEasts
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Aida Service
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February 02, 2018, 03:28:54 PM |
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There's just too many factors for what is happening right now. Facebook started banning crypto adds, due to the majority being scams. All this drama with bitfinex and the tether being backed by USD and then they get a subpoena. The news from India that many turned it into fake news. Just so much negative stuff...
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LFC_Bitcoin
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#1 VIP Crypto Casino
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February 02, 2018, 03:32:44 PM |
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It’s not just a reaction to (slightly) negative news in the media, there is no way this massive downwards price movement is not coordinated. It’s a planned movement by several or possibly even more very wealthy whales. They purposefully drop the price which causes all the bitch noobs to panic sell. Lots of weak hands can’t handle it so the proce drops drastically & then those responsible for the crash buy cheap coins, the price spirals upwards & it’s win win for them.
It’s happened before & it’ll happen again & again & again.
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BrewMaster
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There is trouble abrewing
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February 02, 2018, 03:36:26 PM |
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who? investors!
it is always easy to blame things on the boogieman instead of accepting the responsibility for them. who are whales and who are weak hands if not investors themselves? those who don't understand bitcoin and have just bought it to make money fast have been panic selling.
what are the FUDs? some country banning bitcoin? if anyone sold bitcoin because of this news then they don't deserve to hold any amount of this decentralized currency. facebook banned ICO ads? this one is the most ridiculous one...
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There is a FOMO brewing...
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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February 02, 2018, 03:39:07 PM |
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ico's are too blame 70% are scams 29% are failures and perhaps not intentional scams. Hard to pick a good one which has actually produced something of value really. I mean from 100 you may get 1 or 2.
what do you expect with this trash valued at 100's Millions or billions.
all that collected value will be extracted by the ico runners before they dump out to fiat
stick to real projects that have produced something of value and you will end up okay
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tegarp90
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February 02, 2018, 03:39:29 PM |
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believe it or not, every year since 2014, from the days near at chinese new year.. china is one of largest investors in bitcoin, maybe it's a thing behind this crash
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Brito
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February 02, 2018, 03:41:30 PM |
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There are many successive factors that had accumulated these days. As we begin the restrictions from South Korea, India, the ban on facebook and I guess a lot that will follow. But this is not unexpected.
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jpoker272727
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February 02, 2018, 03:43:38 PM |
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Who is behind this crash, was it different government announcing regulation in concurrency?
Was it Big whales finally getting rid of bitcoin?
Some new banning bitcoin, like India, but i am hoping for a small leap as Nigeria announces the support in bitcoin. we dont really know what will happen next but as of now i think whales are bagging more of this coin. yes since bitcoin touched the 10.000 USD they start to play the market to get more bitcoin on their wallets.
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mrcash02
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February 02, 2018, 03:47:13 PM |
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I was thinking about something... Maybe the big holders are putting some pression by causing this crash to make developers add Lightning Network faster. Once it's added, the price will skyrocket. What do you think?
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fastblender
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February 02, 2018, 03:48:05 PM |
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Matters only when this shil will end and we we will see 10 thousand
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wiro212
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February 02, 2018, 03:50:08 PM |
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many of the things could caused it to happen. deregulation from some countries such as north korea, china, indian news have real implications to volatile movement of cryptocurrency price. other than that the observer of bitcoin observers also bring influence to investors who have tended to fall in confidence in the rise in bitcoin prices. or is it just a big scenario from the billionaire? Who knows.
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EnaksiS
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February 02, 2018, 03:53:22 PM |
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I think it is secret service or FBI I do not think somebody behind this crash. This is just fear. When it started to going down, everybody got scare and sold what they own. I believe, in a few months, market will be fixed. Do not worry for this
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Cryptoisreal
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February 02, 2018, 04:00:14 PM |
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Nothing behind it than unpalatable news here and there. All is FUD and bitcoinwill be back on when the manipulators buy a lot on the down then FOMO will start from every angle
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PINKDATE ❱❱❱ MATCHMAKING, REDEFINED Escorting Meets the Sharing Economy
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stompix
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February 02, 2018, 04:34:06 PM |
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Who is behind this crash, was it different government announcing regulation in concurrency?
Was it Big whales finally getting rid of bitcoin?
Have you tought one second why is the price going down? Because people that have BTC are selling them. It's not the governments, it's not a god knows what conspiracy, it's the fault of the ones that hold (or at least held) coins and are rushing to fill their wallets with fiat. The culprit is so close to you yet you're not able to see him. Some new banning bitcoin, like India, but i am hoping for a small leap as Nigeria announces the support in bitcoin.
Oh, Nigeria to the rescue..... ico's are too blame 70% are scams 29% are failures and perhaps not intentional scams. Hard to pick a good one which has actually produced something of value really. I mean from 100 you may get 1 or 2.
Hmmm, haven't seen one of those that form the 1% yet...Is there any ICO that actually produced something?
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cho99
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February 02, 2018, 05:07:40 PM |
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ico's are too blame 70% are scams 29% are failures and perhaps not intentional scams. Hard to pick a good one which has actually produced something of value really. I mean from 100 you may get 1 or 2.
what do you expect with this trash valued at 100's Millions or billions.
all that collected value will be extracted by the ico runners before they dump out to fiat
stick to real projects that have produced something of value and you will end up okay
How could you say that ICO's should be blamed , even if most of them are scam or stupid projects , there is no correlation between them and bitcoin , don't forget that we talk here about bitcoin not altcoins so if you referring for the global market sure this is one of the problems of the price crash for altcoins but not for bitcoin , and for that altcoins problem , the investors are those ones to blame not the devs because they are so stupid and ignorant to put their money in such kind of garbage .
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sann111
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February 02, 2018, 05:24:42 PM |
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How or Why is the price going down?
Because you people are setting up a sell order(opening trade), stop opening orders to sell and rather help to bring up the price, its to your benefit and profit. The higher it is, the higher the profit.
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jona
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February 02, 2018, 05:27:17 PM |
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Too many issues around the Bitcoin market these days,first the issue of south Korea banning bitcoin and secondly the rumor of Facebook banning Cryptocurrency post,now another one is China whales are crapping all what they can from their Crypto investment for their new year celebrations but the fact is every beginning of a new year is not a favorable time for business.
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Rath_
aka BitCryptex
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February 02, 2018, 05:39:19 PM |
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It is really difficult to tell what exactly caused such enormous FUD. A lot of thing happened last month. The recent problem was misinterpreted speech of India government. Bitcoin price fell to $4000 in India in just a couple of hours. Fortunately, it turned out that it was a mistake. South Korea announced that they won't ban exchanging cryptocurrencies but they will require verification. Also, there was a a lot of money was stolen from a Japanese exchange. Let's hope Bitcoin will recover soon.
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1NV3ST0NM3
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February 02, 2018, 05:43:33 PM |
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Who is behind this crash, was it different government announcing regulation in concurrency?
Was it Big whales finally getting rid of bitcoin?
Its just the small fishes from India moving out of the crypto world I think the big whales are still their with solid grounds. The whole market cap what we have is being held by big whales only. Most of the people with weak hands are getting rid of market because they think its the end of bitcoin itself. Most of them are new to market and aren't quite familiar with such crashes in past.
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jtipt
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February 02, 2018, 05:45:47 PM |
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what are the FUDs? some country banning bitcoin? if anyone sold bitcoin because of this news then they don't deserve to hold any amount of this decentralized currency. facebook banned ICO ads? this one is the most ridiculous one...
Don't forget the classic "bubble" and "ponzi" words that come up whenever a price drop is ongoing. Even the guy who just read about BTC yesterday in news will be all over you telling bitcoin is bubble, don't invest.. Etc. Mainstream media is what causing the excessive FUD.
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