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Proton2233
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March 11, 2018, 01:14:37 PM |
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I don't believe that. One person can not affect the price of bitcoin. Even if he sells a lot of coins. Kobayashi sells coins for a few months. He is also no fool. He doesn't want to lose money. Perhaps the intelligence of whales found out about his plans to sell most of the coins and decided to crash the market to earn some money. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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monalia
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Activity: 685
Merit: 14
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March 11, 2018, 01:30:22 PM |
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everyweek,,sunday bitcoin price is dumping,
do you know why??
I think today it is pump and dump both are happening in the market and some times complete pump also happen in the market. But you are looking to negative thought of this coin so try to change your attitude otherwise you are not consider the positive feedback of this coin. It is common anytime pump and dump are possible in the crypto market. |
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bitbunnny
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Activity: 2898
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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March 11, 2018, 01:47:13 PM |
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I don't know how have you come to such conclusion. And what time zone have you used, it's not the same for everyone.
But I don't think this is true in any option and volatility of Bitcoin is not strictly tied to any particular day or the time of the week. Some other factors and regularities influence the movement of price, not the day in the week.
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wildflower18
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March 11, 2018, 02:14:58 PM |
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As far as I can believe their is no specific day the dumping stage for bitcoin. The volatility always comes anyday or anytime because the market is always present 24hrs.
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sindikat
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March 11, 2018, 02:39:31 PM |
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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. 10 o'clock the stock exchange closed? There is no reason to argue about bitcoin price dependence on the day of the week. That's a misconception. The price depends only on the market conditions. If on Sunday no one will sell coins then the price of bitcoin will go up. There are no rules of conduct for bitcoin. It can change the direction of the price chart at any time. |
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Aleister Crowley
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March 11, 2018, 07:33:59 PM |
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if we see from everyday life, the day of the week is a time where someone spend money for a vacation with family ,, and do not be surprised if the week became a bad time of falling prices ,, because many people who pull their bitcoin and converted into fiat money ,, and it definitely impacts on the volume of bitcoin that goes down in faithful exchanges
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aardvark15
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March 11, 2018, 08:11:57 PM |
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everyweek,,sunday bitcoin price is dumping,
do you know why??
Actually today the prices seem to be going up. I think the dumping of coins on the weekends is just a coincidence unless there is some coordination between whales to dump and then buy back later. After the series of bad news events last week, it’s nice to see prices rebounding a little bit, even if it is temporary. If there is no more bad news coming, then maybe we will see the recovery continue going forward. |
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vasrasus
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March 11, 2018, 08:33:51 PM |
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everyweek,,sunday bitcoin price is dumping,
do you know why??
Actually today the prices seem to be going up. I think the dumping of coins on the weekends is just a coincidence unless there is some coordination between whales to dump and then buy back later. After the series of bad news events last week, it’s nice to see prices rebounding a little bit, even if it is temporary. If there is no more bad news coming, then maybe we will see the recovery continue going forward. Only Fuds makes the price goes down, whenever there was news appears, people make it a way to think that BTC will not recover then sells their btc. If only people will trust that BTC is capable of growing despite that news. |
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Herbert2020
Legendary
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Activity: 1946
Merit: 1137
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March 12, 2018, 06:15:20 AM |
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everyweek,,sunday bitcoin price is dumping,
do you know why??
Actually today the prices seem to be going up. I think the dumping of coins on the weekends is just a coincidence unless there is some coordination between whales to dump and then buy back later. After the series of bad news events last week, it’s nice to see prices rebounding a little bit, even if it is temporary. If there is no more bad news coming, then maybe we will see the recovery continue going forward. Only Fuds makes the price goes down, whenever there was news appears, people make it a way to think that BTC will not recover then sells their btc. If only people will trust that BTC is capable of growing despite that news. NO! FUD does not make the price go down. price goes down for a million different reason, the simplest reason is correction for example. what FUD does is that it makes the already ongoing drop bigger. if you check each of the drops and their FUDs you can see that there is always a good reason for the drop and there is always a logical bottom for it but then the FUD comes and the drop becomes bigger and the bottom becomes illogical which is why it never lasts. |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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yonjitsu
Full Member
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Activity: 476
Merit: 100
www.daxico.com
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March 12, 2018, 10:01:52 AM |
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I think i have a clue which may be correct in relation to Sunday dumping. As we can see, there is a significant change of crypto's market price as it falls a bit during weekends. That's maybe because those dumpers are busy with their work during weekdays and they can only have the chance of doing the dump every weekends.  |
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Kidmat
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March 12, 2018, 10:23:51 AM |
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I think i have a clue which may be correct in relation to Sunday dumping. As we can see, there is a significant change of crypto's market price as it falls a bit during weekends. That's maybe because those dumpers are busy with their work during weekdays and they can only have the chance of doing the dump every weekends. This is possible reasons as to why most dumping rate fall on sunday. Market is very changing from time to time price is really swing down or up. Maybe it falls on sunday as many had the time to take profit. We couldnt say the exact reasons on this. |
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DeadCoin
Sr. Member
Offline
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
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March 12, 2018, 11:20:43 AM |
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everyweek,,sunday bitcoin price is dumping,
do you know why??
Holiday would be another reason for price fall. As Sunday is considered to take rest after 5 to 6 days of work in a week, Every business man and professional employees do take holiday. This stops investments towards Bitcoin and other currencies. If you look at Monday and Tuesday we would have a pump since they come back from holiday and invest into bitcoin. This would be a reason behind pump and dump in Sunday and Monday. |
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Thirdspace
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March 12, 2018, 11:59:38 AM |
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Holiday would be another reason for price fall. As Sunday is considered to take rest after 5 to 6 days of work in a week, Every business man and professional employees do take holiday. This stops investments towards Bitcoin and other currencies. If you look at Monday and Tuesday we would have a pump since they come back from holiday and invest into bitcoin. This would be a reason behind pump and dump in Sunday and Monday.
so... to make profit we should act against the majority, right? since they sell on saturday/sunday and buy on monday/tuesday, we should do the opposite  we should try to buy at low price on sunday and sell it back high on tuesday/wednesday lets try start this week and see if this method can generate good gain in the long run  |
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hacekd
Member
Offline
Activity: 294
Merit: 12
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March 12, 2018, 12:58:55 PM |
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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. Based on recent data, Bitcoin was trading lower than US $ 11,191 in Luxembourg-based Bitstamp Exchange, down 18 percent. The fall of the Bitcoin exchange rate in a short time put a number of other digital currencies experienced the biggest weakening of the exchange rate in the last three years. |
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Johnyz
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March 12, 2018, 01:21:42 PM |
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As far as I can believe their is no specific day the dumping stage for bitcoin. The volatility always comes anyday or anytime because the market is always present 24hrs.
That’s true, there’s no specific time or day of dumping and pumping always put in your mind that this market is 24/7, it can go deeper when you are sleep who knows. The risk here is very big as the price moves very volatile so you’d better to focus on setting goal. |
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batang_bitcoin
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March 12, 2018, 02:29:36 PM |
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I don't know the reason why the price falls during weekends. This has been circulating in my mind and I'm also wondering what's the truth behind it. But when dips are coming, you are only seeing it during Sundays or weekends. There are also dips and corrections during the weekdays and even Mondays and so on. Pumps and dumps can happen anytime since the crypto market is open 24/7.
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eann014
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March 12, 2018, 02:55:55 PM |
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I don't think that it is always happening every Sunday. There is no specific day of dropping price of the bitcoin, maybe it is just only happening these days, maybe for some reason but don't just look at the day, for sure it will rise up again soon.
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Getcoinsite
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March 12, 2018, 03:37:35 PM |
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everyweek,,sunday bitcoin price is dumping,
do you know why??
this issue hs been tackled for how many times this week,and the answer is majority,it's COINCIDENCE no proof that it was intentional like what some are saying that is was manipulated by whales,better to do instead of posting this kind of nonsense?continue to support your coin.dont just withdraw to cut losses because those action added bad effect on prices |
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BillCoin
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March 12, 2018, 05:39:22 PM |
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Usually the volume at weekends is much lower then the volume on regular trading days, as the volume goes down usually the price follows.
It's not a rule and we saw uptrends at sundays, but if you look on all the cases, you are most likely to find that most of the cases show that sunday is a red day for bitcoin.
Same goes for stock market, where usually stocks are being traded for lower at Fridays, which is the last trading day for the week, people who are day traders usually give up on positions at the end of the week.
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bohr
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March 13, 2018, 03:10:50 AM |
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everyweek,,sunday bitcoin price is dumping,
do you know why??
You are just seeing what you want to see even if what you saying was true and bitcoin has been going down every Sunday that was just a random occurrence it may seem like a pattern because it happened the last times you saw the price but this is not a rule so do not make the mistake of shorting bitcoin on Sunday thinking that is going to go down because you will surely lose your money. |
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