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investorss (OP)
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March 08, 2018, 04:12:55 PM
 #1

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
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March 08, 2018, 04:29:25 PM
 #2

Probably fake news, people panic selling, people selling for profit then buying back when price is low.
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March 08, 2018, 04:32:15 PM
 #3

Reason is that FUD are still here, so much fake information that lurking around the net thus it makes people panic that result in dumping their coins. If all the FUDs will get cleared after 2018 we can expect a healthier and Good market, but i think it will hard to happen.
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March 08, 2018, 04:34:54 PM
 #4

Probably fake news, people panic selling, people selling for profit then buying back when price is low.

That is happening often. Billionaires often abuse the news to scare investors with little experience. That would cause them to lose all their assets or lose a lot of money.
So investing in altcoins is really risky, we should be careful about the news related to cryptocurrency. When I realized the truth, I dared not invest in long-term altcoins anymore. Instead, I invested in short-term and made less money, but more secure for my assets.






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March 08, 2018, 04:42:36 PM
 #5

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Nobuaki Kobayashi, a Bitcoin whale, tweeted that he sold almost $400 million worth of Bitcoins in last 6 months. Added to that, the automatic trading APIs on Binance were manipulated which resulted in selling of altcoins from people's accounts and bots automatically bought VIA coin. This resulted in the rumor of Binance hack which in turn brought the negative sentiment and hence a FUD. Since, it was all rumor and charts were showing bullish signs, Bitcoin will recover back.
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March 08, 2018, 04:43:29 PM
 #6

Probably fake news, people panic selling, people selling for profit then buying back when price is low.


We cant say that surely if people are really selling for getting the profits or whether they are really going with this strategy.

I know the panic sell is going on for sure but im not sure if they are selling to do the "buyback"! The news is fake, yeah we don't know yet at all. If the news is fake then this is bad the people are believing such FUD's and working on their sells strategy !

They should not be dependent upon that one, they should be strong in such situations really.
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March 08, 2018, 04:44:35 PM
 #7

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Nobuaki Kobayashi, a Bitcoin whale, tweeted that he sold almost $400 million worth of Bitcoins in last 6 months. Added to that, the automatic trading APIs on Binance were manipulated which resulted in selling of altcoins from people's accounts and bots automatically bought VIA coin. This resulted in the rumor of Binance hack which in turn brought the negative sentiment and hence a FUD. Since, it was all rumor and charts were showing bullish signs, Bitcoin will recover back.
yeah i too followed these issues .. wish bitcoin rises rapidly
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March 08, 2018, 04:46:39 PM
 #8

It was caused by FUD surrounding an apparent Binance hack. Supposedly accounts were being compromised and making transactions without the owners permission. However, it turns out the transfers were just a software glitch, but the market still hasn't completely recovered.
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March 08, 2018, 04:48:38 PM
 #9

Yes. Its totally fake news. What is your prof!
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March 08, 2018, 05:05:59 PM
 #10

A huge withdrawal or dump of bitcoin. People panic selling, FUD, fake news. A lot of factors affect bitcoins bubble burst. But believing in it and continue hodling it for long is the way to success in bitcoin and supporting it. Even if bitcoin falls really low, invest more and wait for bitcoins magic to happen! It'll fascinate you for sure if you're new here.
Avoid getting tensed by hearing fake news, focus on finding and learning more about bitcoin.
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March 08, 2018, 05:06:36 PM
 #11

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

There are a number of reasons and they are pretty well known.

Binance was exposed.

Mt Gox funds were sold to the market and contributed in large parts to the previous dips.

Japan (you hinted at this) is imposing some stricter regulation on exchanges and forcing some to shut down until they have better security measures in place.

US rulings around cryptocurrencies functioning as securities and needing to be regulated as such by the SEC.

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March 08, 2018, 05:13:19 PM
 #12

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).

There are a number of reasons and they are pretty well known.

Binance was exposed.

Mt Gox funds were sold to the market and contributed in large parts to the previous dips.

Japan (you hinted at this) is imposing some stricter regulation on exchanges and forcing some to shut down until they have better security measures in place.

US rulings around cryptocurrencies functioning as securities and needing to be regulated as such by the SEC.

Try to use your brain before making up some stories. What is the OP talking is back to 3 months, what Binance has to do with it? the hack? Binance sell-off was from malicious trading bot...
Japan isn't imposing strict regulations, you just repeat the FUD you read on the internet without knowing what's going on.
Japan like the SEC is just asking for improved exchange security

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March 08, 2018, 05:20:49 PM
 #13

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
I think the sudden crisis and the continuous diminishing value make the butcoiners panic , because of the fear about risk most of them sell their bitcoins on a low price.
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March 09, 2018, 04:15:40 AM
 #14

Probably fake news, people panic selling, people selling for profit then buying back when price is low.

That is happening often. Billionaires often abuse the news to scare investors with little experience. That would cause them to lose all their assets or lose a lot of money.
So investing in altcoins is really risky, we should be careful about the news related to cryptocurrency. When I realized the truth, I dared not invest in long-term altcoins anymore. Instead, I invested in short-term and made less money, but more secure for my assets.
Whales have been abusing the power to scare investors away for a long time but it seems that people do not learn that is why they keep abusing the power and since people do not learn then the whales do not have any kind of reason to change and I cannot blame them if people keep falling for the same trick over and over again then there is no point in trying any kind of advanced tactics, they can keep doing what it works for them and get even bigger fortunes because of it while everyone else losses money.

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March 09, 2018, 04:54:47 AM
 #15

Rising and falling bitcoin price is common, I am not sure the people still getting panic and selling their bitcoin In the low price because all we know bitcoin price down more than 50% before but bitcoin can recovered in a few weeks. When the price down of course many people Will buy bitcoin and when demand of bitcoin increase, the price Will rise.
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March 09, 2018, 02:47:28 PM
 #16

Probably fake news, people panic selling, people selling for profit then buying back when price is low.


Not fake news at all. It's all really happening, the sec regulation, the japanese regulation, the mt.gox sell off, these affected the market largely. The alts are in a way dependent on btc price, whether it goes up or down. Btc moving sideways is the best scenario most of the time for alts here.

 
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March 09, 2018, 02:51:30 PM
 #17

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Some information says that there is a hacking exchange so that public confidence decreases and result Bitcoin price has decreased drastically. But do not worry because the price of Bitcoin is back to the positive treck. Some rumor news has also affected the price of Bitcoin over the past 24 hours. I am a little worried when we all easily believe in information that is not yet clear, because sometimes this situation is often used by people who are not responsible and only aimed to gain profit only.
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March 09, 2018, 03:39:49 PM
 #18

Not fake news at all. It's all really happening, the sec regulation, the japanese regulation, the mt.gox sell off, these affected the market largely.

It may not be fake news, but the thing with fud is that the reality gets twisted in order to make something quite normal look negative. Most of the crypto related news sites aren't shy of such practices to make their articles stand out and attract clicks. From everything that has been marked as bad news lately, only the MtGox coins being pumped into the market is what I consider to be a short term obstacle for the growth. The price reflects exactly that, because as we speak, the short term demand isn't strong enough eat through the supply that's being pumped into the market. However, important to understand is the fact that the MtGox coins should have never been sold through regular markets. Regardless of how far we are in crypto in current days, nothing will be able to withstand so much constant selling pressure. The idiots over in Tokyo should have sold these massive batches of coins through OTC markets.
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March 09, 2018, 08:13:41 PM
 #19

Several negative news appeared at once. Then you and the news from Japan that the regulators suspended the work of the two exchanges and the panic around the hacking of the Binance Exchange and the sale of Mt.Gox bitcoins by 400 million.
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March 09, 2018, 09:53:37 PM
 #20

Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Generally the news is right when it was read from reliable sources and resonable, if Japan applied sanctions to some crypto exchanges, obviously the price of Bitcoin and the altcoins depended upon Bitcoin will decline. Because, the use of cryptocurrency will be prohibited.
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