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Author Topic: What do you think about this?  (Read 436 times)
FLoving
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March 09, 2018, 10:07:10 PM
 #21

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).
That is a fake news and we do not have to rely on that. The price dropped because of these type of fake news and people do not search and start to sell panic which make them to lose a bigger amount of their capital. Japan do not make any sanctions on any exchange or any user of bitcoin because it si a legal tender in Japan and they favor bitcoin on a state level.
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March 09, 2018, 10:10:34 PM
 #22

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).
It not just Japan. Many other government for different countries are trying to suppress the trade of bitcoin and other crypto currencies by impose strict laws and regulations. Policies are being used to limit the trade of crypto currencies. China is now blocking access to sites related to crypto currency trading. All these are causing troubles to crypto currency, hence the price is falling.

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March 09, 2018, 10:52:56 PM
 #23

There are many factors that are the reasons of these kind of drops starting from the manipulation of Media. The latter plays a big role influencing investors or the public's opinions. If they want bitcoin to fall, they can achieve it easily by posting articles that talk about the bad effects of bitcoin, they also can resort to famous people or experts so they can talk shit about it.

Added to that statement, many governments banned mining bitcoin or the exchange. And that has a big impact on the price as it automatically drops. However, the good thing is that bitcoin always regain power because its has many supporters.
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March 10, 2018, 03:46:36 AM
 #24

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
The FUD had spreads right away and the effect has resulted in panic selling. It's only a rumor and yet the price goes down in just few hours. Everyday is a surprise in cryptocurrency, extra careful in managing our investments to avoid losses.

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March 10, 2018, 04:04:51 AM
 #25

In my view there are two reasons why the price drop,  which is from fuds that always spreading fake news to manipulate the price in the market.  and from those weak hands that always panic selling when the price fluctuate. And that's why the price always fall dip because of that two cuases.  
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March 10, 2018, 04:38:55 AM
 #26

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

This is not a fake news yesterday it was sudden dump is happen in the market. All the peoples are hold the investment only Mc Gox sell the 400 million in one transaction it is totally collapsed the crypto market. It will again raise in very soon so all are waiting to keep hold the investment this is the only way in current situation.

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March 10, 2018, 10:32:47 PM
 #27

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

I think you'll find that's exactly what I said so maybe you need to learn to read a little better instead. At the time of writing it was unclear what exactly happened with Binance and that's why I said nothing more than that it was exposed, this definitely contributed in part to the fall in bitcoin price.

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March 10, 2018, 11:41:28 PM
 #28

In my view there are two reasons why the price drop,  which is from fuds that always spreading fake news to manipulate the price in the market.  and from those weak hands that always panic selling when the price fluctuate. And that's why the price always fall dip because of that two cuases.  
Lately an issues from mt gox funds was sold that it added in the price these days of bitcoin and altcoins drops so huge. Also other fuds contributes in the market that drops that others in panic selling. Many issues contributes in the market of not so good hence, being patience to hold can do better in the future.
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March 11, 2018, 03:30:16 AM
Last edit: March 11, 2018, 03:59:54 AM by Ararbermas
 #29

IMO maybe panic selling from weak hands. Due to some negative news nowadays from CCN wich there will be a hard fall of price. But i don't believe on it because 2k is a worst dip ever and it's impossible i think.  And it seems a false news from the fuds. Don't trust on it mate just keep holding let those weak hands regrets after.
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March 11, 2018, 10:21:54 AM
 #30

There are multiple things causing this. the SEC signaled that they would regulate exchanges (not really a big deal). Binance had a security breach (fixed) and MTGOX trustee has been dumping BTC on the market (continuing). People are still bullish in the long run but I'm sure we all want to see how low the price can go..so people are waiting to buy. If it hits 6K again, it will shoot back up I think.
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March 11, 2018, 02:03:40 PM
 #31

FUD becomes the biggest factor of falling bitcoin prices. this is very reasonable, panic and perverted grievances that occur to make panic sell simultaneously occur so it is very clearly visible difference in the fall of the price of bitcoin
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March 14, 2018, 08:29:23 AM
 #32

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).
The news flying around presently now is the MtGox trustee dump on the market. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/ It is crazy how he would try to make such an infuriating attempt on bitcoin and it is good he got noticed beforehand after selling a whole lot already and much more to sell. So far, he has sold bitcoin worth about $400 million and still more in billions to sell. That dude is cruel!

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March 16, 2018, 10:30:57 AM
 #33

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.
People will always panic for no reason anyway and you would not blame them, most especially, let's face the fact that traders are more like the market makers and if a huge dump is going on in the market, you would not expect them to keep looking and not take advantage of that. So far, bitcoin has been down for so many reasons that is going on but the major one coming from Kobayashi and if you Google that name, it would ring a lot of dumping bells on the internet.
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March 16, 2018, 10:36:06 AM
 #34

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.
I would not consider him a whale, as he is just a stupid attorney and trustee for MTGox that would rather not do what is right and probably prefer to dump on the market. The market is holding up strong anyway and I see no reason to panic, he can keep dumping it and we are looking forward to collecting more. If he decided not to auction and he really was so happy tweeting the rubbish he did online, then I really wonder what planet he must have come from.
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March 16, 2018, 10:58:27 AM
 #35

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
It will, because little issue like this cannot cause a problem for bitcoin. I guess traders are already angry with this guy for dumping on the market, and since that is the path he has chosen to take, we just have to wait until he completes whatever he wants to do if he does not end up going the auction way. It is insane though to have done something like this and at the mention of that MtGox name, there has always been a problem.
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March 16, 2018, 05:57:48 PM
 #36

People will always panic for no reason anyway and you would not blame them, most especially, let's face the fact that traders are more like the market makers and if a huge dump is going on in the market, you would not expect them to keep looking and not take advantage of that. So far, bitcoin has been down for so many reasons that is going on but the major one coming from Kobayashi and if you Google that name, it would ring a lot of dumping bells on the internet.
It is true that persons panic but it is not for no reason whatsoever most of the time they have a reason behind their behavior and that is because the wild movements that we see in the market and when you combine that with inexperience then you have a recipe for disaster, those investors that put their money in the market without really understanding the risks are the ones that are more likely to panic and to take bad decisions under pressure those a of us that understand very well what we are doing have a lower risk of doing that.
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March 16, 2018, 09:30:25 PM
 #37

There are so many factors that are responsible for the recent market fluctuations of Bitcoin and other altcoins value of which some of my mate here have mentioned above and i want to add that WALE taken profit or selling off was one of the major factor in addition with panic sell and FUD.

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March 16, 2018, 09:43:06 PM
 #38

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).

This is normal, if you were not expecting this after that bitcoin came from $6000 to more than $19,990 in just a few days, then the best thing that you need to do is uninstall your browser.

Came on, this is not normal! In which world were you expecting to see huge rises in just a few months?


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March 16, 2018, 11:37:17 PM
 #39

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).

This is normal, if you were not expecting this after that bitcoin came from $6000 to more than $19,990 in just a few days, then the best thing that you need to do is uninstall your browser.

Came on, this is not normal! In which world were you expecting to see huge rises in just a few months?

Because most of them really thinks that bitcoin will continue it meteoric rise but quickly frustrated when it all crushing down on them. I agree that its so frustrating to see the price going below 5 figures, but we need to understand that there are only 2 ways: GO UP and GO DOWN.

And its really up to you, on how to react on those circumstances, if you panic and want to get out because the price is going down so SELL.

But in the likelihood that you want to hold because you know that bitcoin is resilient and will increase specially at the end of the year then HOLD.

There is no secret. And it a matter of choice. Choose what's best for you.

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March 17, 2018, 04:22:36 PM
 #40

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).
The news flying around presently now is the MtGox trustee dump on the market. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/ It is crazy how he would try to make such an infuriating attempt on bitcoin and it is good he got noticed beforehand after selling a whole lot already and much more to sell. So far, he has sold bitcoin worth about $400 million and still more in billions to sell. That dude is cruel!
Cruel indeed but I would not really bother about him for now anymore. If he really wants to dump, he can be my guest right now and in fact, some of us really need to get what he is holding at a very good price, so he is free to sell them to us.

The main factor in the market is that if supply is more than demand, there would always be a drop in the price, and for him since he has decided to do his thing on an exchange where prices affects generally, then his supply is more than the demand from those exchanges which is causing a lot of this.
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