jamesashmore1964 (OP)
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May 30, 2018, 12:13:28 PM |
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A BTC dump or pump is unpredictable!
A dump or pump can happen anytime!
A dump would send BTC to 5K
A pump would take it to challenge 10K
The price now is in a risky ZONE!
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paxmao
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Do not die for Putin
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May 30, 2018, 12:20:10 PM |
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That is just all FUD, we all know that alts an BTC follow parallel trends but there is no particular reason for a bitcoin dump with all the news of institutional grade investment.
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vlad230
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May 30, 2018, 12:24:53 PM |
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I don't this pump & dump still applies to BTC, you would need milloins if not tens of millions of dollars to do that.
On the other hand, FUD & FOMO are still valid in any cases since there are a lot of beginners in this market and some people tend to exploit this.
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jamesashmore1964 (OP)
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May 30, 2018, 12:35:16 PM |
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I don't this pump & dump still applies to BTC, you would need milloins if not tens of millions of dollars to do that.
On the other hand, FUD & FOMO are still valid in any cases since there are a lot of beginners in this market and some people tend to exploit this.
Yesterday’s price increase in BTC was a pump: FACT |
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bunny0612
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May 30, 2018, 12:37:06 PM |
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Because of that, crypto have huge profit and very risky than forex and stock. You can rich in one night and rekt tomorrow. The market is easy to manipulate by news. So be careful in your investment, choose wisely and don't get to panic.
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jamesashmore1964 (OP)
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May 30, 2018, 12:37:25 PM |
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That is just all FUD, we all know that alts an BTC follow parallel trends but there is no particular reason for a bitcoin dump with all the news of institutional grade investment.
We will see! |
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jamesashmore1964 (OP)
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May 30, 2018, 12:38:09 PM |
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Because of that, crypto have huge profit and very risky than forex and stock. You can rich in one night and rekt tomorrow. The market is easy to manipulate by news. So be careful in your investment, choose wisely and don't get to panic.
Very True |
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FoBoT
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May 30, 2018, 12:42:07 PM |
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I do not think there are pump and dumps in bitcoin as it and altcoin follows particular trend but the reason for the fall is not known yet and I believe the price will go up as soon as the market recovers.
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jamesashmore1964 (OP)
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May 30, 2018, 12:45:47 PM |
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The short term – very strong resistance level at $7,800 – $8,000 area. From the bearish side, support levels are at $7,300 and $7,000 levels.
These levels are based on organic demand not pump and dumps!
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jamesashmore1964 (OP)
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May 30, 2018, 12:46:31 PM |
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I do not think there are pump and dumps in bitcoin as it and altcoin follows particular trend but the reason for the fall is not known yet and I believe the price will go up as soon as the market recovers.
Man, you are so so wrong! |
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rurubot
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May 30, 2018, 12:47:31 PM |
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Is there really in the right mind to "dump" bitcoin? Like seriously? Is there still a price manipulation for BTC? Or maybe those are just panic sellers that still doubting the power of bitcoin. Anyways, volatility is normal to occur in market, specially in crypto. Altcoins are only the victims of a pump and dump, no need to worry. The market will recover soon, just hold on to your tokens.
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(ಥ_ಥ) I AM STILL (ಥ_ಥ)
(´・ω・`)LOOKING FOR( ˘•ω•˘ )
d(=^･ω･^=)b RIGHT BOUNTYd(=^･ω･^=)b |
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jamesashmore1964 (OP)
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May 30, 2018, 12:49:50 PM |
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Is there really in the right mind to "dump" bitcoin? Like seriously? Is there still a price manipulation for BTC? Or maybe those are just panic sellers that still doubting the power of bitcoin. Anyways, volatility is normal to occur in market, specially in crypto. Altcoins are only the victims of a pump and dump, no need to worry. The market will recover soon, just hold on to your tokens.
You need to do some research: You are so so wrong! |
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olubams
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May 30, 2018, 12:57:18 PM |
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A BTC dump or pump is unpredictable!
A dump or pump can happen anytime!
A dump would send BTC to 5K
A pump would take it to challenge 10K
The price now is in a risky ZONE!
Its a known fact that there is a relationship between the price of bitcoin and alts but I wont agree that its all about Pump and dump. Yes the market is so volatile but considering the number of participants in the markets and platforms where btc is being traded, it safe to say its a trend that is being followed rather than pump. Someone with huge fund can point in the direction, but others have to follow for it to be effective which is what I feel is happening here. |
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jamesashmore1964 (OP)
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May 30, 2018, 01:23:50 PM |
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A BTC dump or pump is unpredictable!
A dump or pump can happen anytime!
A dump would send BTC to 5K
A pump would take it to challenge 10K
The price now is in a risky ZONE!
Its a known fact that there is a relationship between the price of bitcoin and alts but I wont agree that its all about Pump and dump. Yes the market is so volatile but considering the number of participants in the markets and platforms where btc is being traded, it safe to say its a trend that is being followed rather than pump. Someone with huge fund can point in the direction, but others have to follow for it to be effective which is what I feel is happening here. BTC needs to break 8K and then BTC will challenge 10K again If BTC goes below 7K it will go to 5K It can do this organically OR an entity might push it the way they want it. This is a crazy market and unpredictable! It is 50/50 which way it will go! |
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gabmen
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May 30, 2018, 01:32:58 PM |
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Well that's bitcon for you. That's why I don't see any other alts right now threatening to overthrow btc's dominance since alts move with btc, not the other way around. Look at the current price when btc started to recover, we see a green market along with it.
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jamesashmore1964 (OP)
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May 30, 2018, 03:27:42 PM |
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Well that's bitcon for you. That's why I don't see any other alts right now threatening to overthrow btc's dominance since alts move with btc, not the other way around. Look at the current price when btc started to recover, we see a green market along with it.
Yes, Bitcoin is King! ALTs are followers! |
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eMaxie
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May 30, 2018, 06:02:24 PM |
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Well, even if the dump will happen, then there is nothing that critical in it since the market will rise again anyway sooner or later. The good projects appear any day, their coins also roll out and the cicle repeats each time.
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neite99
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May 30, 2018, 06:07:32 PM |
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a dump can not send btc to 5k immediately because btc has some strong support zones which have to be challenged before going to 5k such as 7k. 6,5k 6k zones, if those are broken than it may go to 5k.
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Eclipse2021
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May 30, 2018, 06:09:21 PM |
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Hell yea  . We are at bitcoin mercy and it seems he does not care about altcoins so this results into a massive bloodbath when panic is everywhere and most of the holders are starting to sell their coins....it is very confused but I hope that bitcoin will be stable again and we can see some green days again as this is not a full dump because if it was the price would be under 7k by now. |
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dolcefarniente
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May 30, 2018, 10:03:00 PM |
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If, suddenly, we get positive news, then the market can go up, if any country introduces a restriction on the adoption of cryptography, it can cripple the market. Unfortunately, any of these options is possible. Every day we operate in a poorly predictable zone.
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