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Author Topic: What do you think about this?  (Read 268 times)
el kaka22
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March 18, 2018, 07:29:34 AM
 #41

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.
Good point to be noted. But where I always get to have a problem is when they are panicking for no reason like you have mentioned. Kobayashi does not actually care what happens to the market and everything with MtGox generally has never come with positivity, but at the same time, he has decided to dump and since we already know, I expect people should use the opportunity to allow him and if he decides to use his stupidity to drive the market down to give us a good price, then we are fine buying it.


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nitammys
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March 20, 2018, 08:29:56 AM
 #42

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.
FUD is always a very big factor of any market but since cryptocurrency is new, then we absolutely should have expected that there is going to be a lot of it for the fact that it is disrupting a lot of things and stepping on toes, and also for the fact that there would always be weak hands in markets like this. It is a market and we just have to understand that it is normal to see downtrends once in a while.
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March 20, 2018, 02:40:06 PM
 #43

Newbies come and newbies go,

 And Newbies fear the FUD you know,

But I'm HODL through thick and thin,

 Fear not the FUD and play to win  Grin

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March 20, 2018, 02:44:09 PM
 #44

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.

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March 20, 2018, 07:20:49 PM
 #45

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.
Generally speaking, at the summit of the Big Twenty global questions about the dangers of peace are being solved. Do you really think that a crypto currency is such a danger?

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March 21, 2018, 02:25:14 AM
 #46

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.
Generally speaking, at the summit of the Big Twenty global questions about the dangers of peace are being solved. Do you really think that a crypto currency is such a danger?
Cryptocurrencies are really a risk for governments we cannot deny that, you must remember that governments are control freaks they want to have control of everything and they never feel secure until they do and cryptocurrencies are one of those things that it was designed specifically to counter this, so they are never going to feel 100% secure about cryptocurrencies.
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March 21, 2018, 03:20:47 AM
 #47

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 this is still normal because the price of rising and falling bitcoin very quickly do not be afraid when the price drops to more than $ 1000 because it is definitely the price will go back up very quickly.

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March 21, 2018, 03:55:13 AM
 #48

I think this is still normal because the price of rising and falling bitcoin very quickly do not be afraid when the price drops to more than $ 1000 because it is definitely the price will go back up very quickly.
Dips, corrections are normal and when bitcoin starts to move quickly and reaching it's new ATH everyone isn't complaining. But when bitcoin starts to show us some bad price then everyone is keep on complaining and asking thoughts of other while on this situation. Guys, you should not worry if bitcoin goes up or down. Before getting to the market you must understand on how volatile bitcoin is so that you will not be surprised if it pumps or suddenly it dumps.

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March 21, 2018, 06:13:49 AM
 #49

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.

I think the G20 will help bitcoin to recover as they see cryptos as an asset rather than a currency and with this the alts and bitcoin is in green again and recovering somehow.

Hope more good news will come by now.

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March 21, 2018, 04:15:02 PM
 #50

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 this is still normal because the price of rising and falling bitcoin very quickly do not be afraid when the price drops to more than $ 1000 because it is definitely the price will go back up very quickly.
all those huge prices for Bitcoin are just soap bubbles, but no one said a specific price for Bitcoin, the figures that would have been fully justified.

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March 21, 2018, 04:22:49 PM
 #51

Many reosons are behind the current collapse of Bitcoin.
Mainly, fake news aginst cryptocurrency, also the huge number of BTC sold by Mt. Gox at low price, also the fear from what will surge from the G20 summit.

I think the G20 will help bitcoin to recover as they see cryptos as an asset rather than a currency and with this the alts and bitcoin is in green again and recovering somehow.

Hope more good news will come by now.

Yes, but we should wait untill July and see how they the G20 and the regulations will affect the market. Many people are still hesitant to invest in cryptocurrencies.
You are right about the current effect of G20. Seems that the price is recovering. But there isn't a long time until July. So getting closer to July, some people will panic and bitcoin price can fall.

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March 21, 2018, 10:56:20 PM
 #52

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.
The media is influential but I have noticed that lately more and more people are ignoring it, the reason the price goes down has to do a lot more with practical reasons, the price went down because of the huge amount of coins being sold in the open market and then the threat to do it in the future as well, this has lowered the price and now that has ended the price is slowly recovering, some people think that this is because of the G20 statements about not banning bitcoin but I really think that this is just because things are going back to normal without the Mt Gox person selling thousands of bitcoins.

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March 21, 2018, 11:56:15 PM
 #53

The media is influential but I have noticed that lately more and more people are ignoring it

People ignore bad or fud news when the price is no longer going down badly. It can't be seen as coincidence anymore that fud pops up either at the moment a correction is taking place, or about to take place. It's perfectly timed to 'damage' the market as much as possible because of how easy to manipulate people are when the price is going down. Fud has the most effect if it happens before a correction. If the market indeed happens to go down after fud has being pumped through the market, it will serve as a 'confirming' factor that it is true, and at that point the manipulators know they won the mind game. It's a game that's being played here at the end of the day....
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