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Tommysurf (OP)
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March 11, 2018, 12:18:56 AM
 #1

everyweek,,sunday bitcoin price is dumping,

do you know why??
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March 11, 2018, 12:24:00 AM
 #2

everyweek,,sunday bitcoin price is dumping,

do you know why??
That's not always the case, maybe you are a pessimist so calling Sunday a bad day for bitcoin. The bitcoin price at any time can be dumped and I think it is a condition that is characteristic of cryptocurrency. The ever-increasing and decreasing bitcoin price becomes a hallmark, and it is a drawback for some people and can be a benefit for some people.
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March 11, 2018, 12:30:22 AM
 #3

I do not really understand why today bitcoin dump the price, but this is what I wait to buy and invest in bitcoin this is a very good opportunity to wait for the price to go up for my sale.
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March 11, 2018, 12:50:30 AM
 #4

There is no such thing as sunday dumping. It's just normal market movements. sometimes there isn't another reason besides the obvious fact that the market like any other is moving the way it should
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March 11, 2018, 01:06:05 AM
 #5

everyweek,,sunday bitcoin price is dumping,

do you know why??
You are so diligent that you remember that day.
I think it was just a coincidence and not a planned case. Who did this?
no one can make a schedule for a dump or pump unless they have such strong powers as China. Grin

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March 11, 2018, 03:02:40 AM
 #6

everyweek,,sunday bitcoin price is dumping,

do you know why??

They call him... Kobayashi.


See here: https://www.reddit.com/r/mtgoxinsolvency/comments/82m0dl/mtgox_trustee_has_sold_some_btc_and_bch/
omonuyak
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March 11, 2018, 05:29:04 AM
 #7

I am hearing this for the first time and I think Sunday is not a different days from what we have been having.sund is a day we have been having a good upward movement in pricing and I this I can said only few Sunday that we have hard bad bitcoin's price.  Bitcoin has not limit to days but every days we have had good market or bad market price movements.
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March 11, 2018, 05:40:25 AM
 #8

You just see bitcoin price in every sunday, I'm sure that. If you don't know in this week bitcoin price starts to decrease on the 5th of March you can see this,
5 March bitcoin price $ 11569
6 March bitcoin price $ 11300
7 March bitcoin price $ 10816
8 March bitcoin price $ 9,720
9 March bitcoin price $ 9,102
10 March bitcoin price $ 9,438 (up a bit)
And now11 March bitcoin price $ 8,793
Bitcoin prices always move at any time, either up or down and if the bitcoin price concludes down per week or rise per week I think it's wrong.
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March 11, 2018, 07:14:38 AM
 #9

everyweek,,sunday bitcoin price is dumping,

do you know why??

no it is not every week, there are enough weekends that bitcoin price rises instead of falling or stays the same and because of that you can not come up with a reason why. when there are enough exceptions you can not make a rule.

and in case you are trying to come up with a strategy or something like that to make profit by predicting based on patterns, I just have to warn you that you may lose a lot of money because there are no patterns here!

Only Bitcoin
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March 11, 2018, 08:17:08 AM
 #10

everyweek,,sunday bitcoin price is dumping,

do you know why??

My speculation is that investors just wanted to cash out and make used of their fiat. Maybe they wanted to get out and go on a vacation with their families, or bought something that they want.

Other than that, it doesn't make sense to dump your coins every weekends, specially if we are in the bullish trend. But I'm sure that those who sold will go back to the market again so everything is not lost.

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March 11, 2018, 09:09:57 AM
 #11

Weekends volume is high in cryptocurrency world. I do not know the reason, maybe stock investors trade in weekends and daily job employees trade in their off days and weekends.
If the market is bear sunday is dumping day, if the market is bull sunday is pumping day.

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March 11, 2018, 10:15:22 AM
 #12

everyweek,,sunday bitcoin price is dumping,

do you know why??

this is likely because investors want to secure their funds while on holiday and are not looking at market conditions many investors are panicking to know the news from MT GOX lately.

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CryptoBry
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March 11, 2018, 10:42:24 AM
 #13

There is no such thing as sunday dumping. It's just normal market movements. sometimes there isn't another reason besides the obvious fact that the market like any other is moving the way it should.

The thing is that any day can be the say that Bitcoin can go down and can go up. Though maybe there can be less movement in the trading of Bitcoin on weekends compared to weekdays (this is not a confirmed fact and just my imagination though). Truly, many times Bitcoin retreated in value for no reason at all and can surge just because it wanna do so. This is one feature of Bitcoin: unpredictability. And we have to live with it as long as we are Bitcoin lovers and hodlers.
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March 11, 2018, 10:50:28 AM
 #14

everyweek,,sunday bitcoin price is dumping,

do you know why??

Is it? I believe your conclusion is not correct. Bitcoin dumps anytime it wants Cheesy

As for the recent dump, it didn't happen just on Sunday obviously. The biggest dump happened in Tuesday until Friday (From $12K to $8K)
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March 11, 2018, 10:54:39 AM
 #15

I remember this topic in 2013.

60659 📦
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March 11, 2018, 11:24:41 AM
 #16

everyweek,,sunday bitcoin price is dumping,

do you know why??
That's not always the case, maybe you are a pessimist so calling Sunday a bad day for bitcoin. The bitcoin price at any time can be dumped and I think it is a condition that is characteristic of cryptocurrency. The ever-increasing and decreasing bitcoin price becomes a hallmark, and it is a drawback for some people and can be a benefit for some people.
how did you call him a pessimist when the Sunday dropping trend really happening?try to check the sundays of feb and march then you will find what OPs asking for reason..i have been observing this for a month,and still happening ..i know it maybe a coincidence but what if some big players has something to doith this?and besides theres no wrong in asking because all of us are concern on our investments
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March 11, 2018, 12:19:43 PM
 #17

Bitcoin does seem to go down on a Sunday night.  We'll have to wait and see if it does that again.  It's going up now at this minute.  I think it will drop again back to under 8.5k tonight.  But as usual it's anybody's guess. 
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March 11, 2018, 12:43:10 PM
 #18

everyweek,,sunday bitcoin price is dumping,

do you know why??

It will happen all the time.All the trading people had some plan to enjoy the weekend with their family.So they will sell their bitcoin holding to enjoy the day.I had noticed this from long.If you have huge dollars in your hand,use this Sunday to buy bitcoin at low price.



 

 

 

 

 

 


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March 11, 2018, 01:01:40 PM
 #19

everyweek,,sunday bitcoin price is dumping,
you're just imagining this thing. it was just pure coincidence if it did truly happen on the last 4 sundays
next... you will say every tuesday bitcoin price is pumping Shocked what a conspiracy Tongue
if all this true then take advantage!! buy the dip on sunday and sell sometime in midweek

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March 11, 2018, 01:02:04 PM
 #20

Bitcoin does seem to go down on a Sunday night.  We'll have to wait and see if it does that again.  It's going up now at this minute.  I think it will drop again back to under 8.5k tonight.  But as usual it's anybody's guess. 

Whose Sunday night, that's the question.

At the moment it is 13:00 GMT, it's 8 a.m. in New York, the San Franciscans are still asleep, but it's 10 p.m. in Tokyo.

So any "sunday dumping" you have noticed has been done in Asia.

 
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