voltagecrypto98 (OP)
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May 27, 2018, 05:04:02 PM |
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Yes, we all have seen some kind of drastic price fall from last few days. As a feature of financial instrument I think this is not so unnatural. And so I do believe it will be back shortly. Your opinion will be highly appreciated.
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vidivici
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May 27, 2018, 05:13:14 PM |
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I suspect there has been manipulation in bitcoin. And recently there is also news that the US Justice Department opened a criminal investigation into the possibility of market participants manipulating the price of Bitcoin and other crypto currencies,
The investigation includes an examination of spoofing practices, in which an investor makes an order intended to manipulate the price of an instrument, and flood the market with fake orders.
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BQ
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May 27, 2018, 05:16:52 PM |
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I have read some ideas that it's the future's market(?) fault, basically if alot of people bet on btc going Up, then those market controllers like Bitmex simply move the market Down to liquidate people. something along those lines. considering a lot of volume is related only to people going through bitcoin for altcoins, it means there's not necessarily that much resistance when it comes to moving the market up or down. it ruined the market!
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Swenna
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May 27, 2018, 05:25:13 PM |
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I have read some ideas that it's the future's market(?) fault, basically if alot of people bet on btc going Up, then those market controllers like Bitmex simply move the market Down to liquidate people. something along those lines. considering a lot of volume is related only to people going through bitcoin for altcoins, it means there's not necessarily that much resistance when it comes to moving the market up or down. it ruined the market! This is the first time that I have heard of this. But if it is the case, and there clearly is a manipulation in the market, then there snall fishes (holders) can do nothing but wait until the game of market manipulation is over. I do agree with you thatbit is affecting the market in a very great deal.
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Olano
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May 27, 2018, 07:30:07 PM |
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I also think that soon the price drop will stop. This year, the price drop is too long. The price on the market can not always decline. The price increase should begin. I hope that this will happen in the near future. I also hope that the price increase will be intense and long-lasting.
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PelevaVika
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May 27, 2018, 07:31:36 PM |
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Decline and growth is normal for the crypto market because it is not regulated.
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franky1
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May 27, 2018, 07:37:44 PM Last edit: May 27, 2018, 07:53:40 PM by franky1 |
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2016 didnt drop below $300 2017 didnt drop below $900 2018 didnt drop below $6000
so chill out guys. stop pretending $20k is the expectation of 'norm'... instead flip your mindset the other way around
those that stand at $20k and look down are always going to think the glass is less than half full and not refilling
those that stand at $6k and look up are always going to think the glass is filling up nicely, even if people are taking a gulp out of it
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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BQ
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May 27, 2018, 10:32:51 PM |
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I have read some ideas that it's the future's market(?) fault, basically if alot of people bet on btc going Up, then those market controllers like Bitmex simply move the market Down to liquidate people. something along those lines. considering a lot of volume is related only to people going through bitcoin for altcoins, it means there's not necessarily that much resistance when it comes to moving the market up or down. it ruined the market! This is the first time that I have heard of this. But if it is the case, and there clearly is a manipulation in the market, then there snall fishes (holders) can do nothing but wait until the game of market manipulation is over. I do agree with you thatbit is affecting the market in a very great deal. I'm no expert, but I really believe this is ruining the market badly, as you said, we can't do much except hold - I'm worried this is stopping many people from entering the market, due to the extra volatility.. basically, this is only for the big exchanges like Bitmex's short term gain. What's the expression, something like 'killing the golden goose' ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) sadly. I mean, look at the past few 'drops' - relatively stable for hours or days, then all of a sudden it just drops hundreds of dollars in minutes. (or goes up). I found some text here if you're more interested: reddit threadHere's also a bot reporting when people get liquidated on Bitmex
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mikki14
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May 27, 2018, 10:58:18 PM |
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2016 didnt drop below $300 2017 didnt drop below $900 2018 didnt drop below $6000
so chill out guys. stop pretending $20k is the expectation of 'norm'... instead flip your mindset the other way around
those that stand at $20k and look down are always going to think the glass is less than half full and not refilling
those that stand at $6k and look up are always going to think the glass is filling up nicely, even if people are taking a gulp out of it
Some people really worry a lot. They forgot how much bitcoin really is from the start. Just having a consecutive weeks or even days of negative price they already stating/concluding that bitcoin will die etcetera. Chillax guys, bitcoin is now +0.38% don't know if it will at least console you. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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richan
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May 27, 2018, 11:35:02 PM |
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The market is not positive and since the beginning of may , the price of major cryptocurrency has been fallen and not all that stable. It may take some time for it reach it true price.
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allen67
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May 28, 2018, 08:40:05 PM |
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The price is eventually falling for few days. But, don't worry. It'll again start to rise up very soon and this is natural. The price will always continue its fluctuation. I know this is quite risky. But, people can make a lot of money in the long term.
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MrDom2
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May 28, 2018, 08:54:54 PM |
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LeGaulois
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May 28, 2018, 09:13:13 PM |
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2016 didnt drop below $300 2017 didnt drop below $900 2018 didnt drop below $6000
so chill out guys. stop pretending $20k is the expectation of 'norm'... instead flip your mindset the other way around
those that stand at $20k and look down are always going to think the glass is less than half full and not refilling
those that stand at $6k and look up are always going to think the glass is filling up nicely, even if people are taking a gulp out of it
2018 people think that if Bitcoin price is not $20,000 then Bitcoin is crashing and. They think $20,000 is the standard, not not say the minimum it should be. Personally, I am with it right now and I am more interested to see how the adoption is going, with the technology behind.
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pinoyden
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May 28, 2018, 10:48:52 PM |
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The price is eventually falling for few days. But, don't worry. It'll again start to rise up very soon and this is natural. The price will always continue its fluctuation. I know this is quite risky. But, people can make a lot of money in the long term.
I somehow believe this kind of statement. I do also agree on what have you said above. I dont know what really causes for the price to drop this far , it maybe a manipulation by whales or any other reason? But i know one thing for sure , bitcoin can always recover no matter what happens because bitcoin is the future of money and its adoption will soon become wider and bigger.
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cryptoroi
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May 29, 2018, 08:14:13 AM |
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From my perspective i think price fluctuation is a common think for crypto market. In recent times price fall down very quickly. But i think in recent times price will be increase.
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talkbitcoin
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May 29, 2018, 09:14:41 AM |
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although all falls are not unnatural but this current downtrend that we have been experiencing doesn't exactly categorize as the most natural market movement ever! there are things that can not be explained about the current trend. many illogical drops/dumps that happened in the recent past and could only be described as manipulation.
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salinagomez
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May 29, 2018, 11:42:21 AM |
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Its a bitter truth that the price of the coins has been drastically fallen. I think its quite obvious that it will happen. Sometimes the fall of the price is much bigger and sometimes is less.
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St4yInTh3D4rk
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May 29, 2018, 11:49:27 AM |
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Yes, we all have seen some kind of drastic price fall from last few days. As a feature of financial instrument I think this is not so unnatural. And so I do believe it will be back shortly. Your opinion will be highly appreciated.
This is mot the first time that these kind of price fall happening with the crypto currencies but now it looks unnatural because of the amount looks huge but when we compare it in terms of percentage it was happened earlier too.yes these are just temporary so the prices will rise again sooner so keep holding your coins to make more benefits.
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monalia
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May 29, 2018, 01:32:39 PM |
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Yes, we all have seen some kind of drastic price fall from last few days. As a feature of financial instrument I think this is not so unnatural. And so I do believe it will be back shortly. Your opinion will be highly appreciated.
It is natural in crypto market because currently supply and demand is low in the market so price also down but again it will going to peak in the market. Many whales are selling the Bitcoin and buy some altcoins so automatically some cheap altcoins are going to moon in the market.
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Question123
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May 29, 2018, 01:40:05 PM |
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Great news at this moment becayse the price of the bitcoin increasing again from $7100 last few hours ago to $7400 as of now and I think this is the sign that bitcoin price will become 10k dollars or more in the next month. We need to buy more bitcoin and keep holding our bitcoin to continue the price increasing because if the price high again we will gain more profit.
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