riaruhs09 (OP)
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June 11, 2018, 06:51:24 AM |
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I saw a big dump last night until bitcoin and altcoin had a pretty deep decline. do you think what makes this decline? is this only temporary? please share the information you know, would love to hear it.
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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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twobits
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June 11, 2018, 07:18:05 AM |
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I saw a big dump last night until bitcoin and altcoin had a pretty deep decline. do you think what makes this decline? is this only temporary? please share the information you know, would love to hear it.
I can share it right now and this is a very good article for you about what make the whole of crypto markets are getting plummed https://cointelegraph.com/news/all-of-top-100-cryptocurrencies-see-red-amidst-cftc-price-manipulation-probehttps://cointelegraph.com/news/wsj-cme-and-btc-exchange-dispute-led-us-regulators-to-open-price-manipulation-probeJust try to read it carefully to get the best conclusion about that. I think that this is just temporary down but it needs another good news to pump the price of crypto again.
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fransxavariustintin
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June 11, 2018, 07:25:28 AM |
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Today's discussion is all about the market downturn, most people discuss the cause of why all altcoin decreases? everyone started analyzing, doing research, trying to figure out the cause of this problem, I do not know what caused this problem, but I'm not very focused on thinking about this problem, I think the right solution right now is to keep yourself from panicking.
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pelumi20
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SmartFi - EARN, LEND & TRADE
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June 11, 2018, 07:33:43 AM |
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It is possible to make a living from altcoin alone, but it will demand effort and dedication. You can start to participate in bounties and airdrops
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cryptoadobo
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June 11, 2018, 07:39:05 AM |
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Its is because of the FUD news in which coinrail got hacked. It lost the trust to the new investors when the market goes down. But we must not get panicked because it very likely to recover it soon. We must be patient and always be updated to the happenings in the crypto world.
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ninio
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June 11, 2018, 07:39:40 AM |
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I really don't know what is going on now in the market all altcoin is bearish and I lost lots of profit from my investment. I'm just thinking right now that it is normal and it will back again to a higher volume and price. Just think positive wait for the bull run.
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qiman
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June 11, 2018, 07:42:08 AM |
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It's big whales taking out their little profits that they leach out of the market plus panic sellers who hear any small news and they panic sell because they do not know how to hold their Bitcoin and Altcoins for the longer term. Main reason for this dump was because of the probe into insider trading and manipulation in the four main exchanges and that was enough to cause another shake out. Congratulations to all those that dumped at a loss and who are giving food to the whales, bravo!
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maiiyeuvo
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Bcnex - The Ultimate Blockchain Trading Platform
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June 11, 2018, 07:47:10 AM |
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I saw a big dump last night until bitcoin and altcoin had a pretty deep decline. do you think what makes this decline? is this only temporary? please share the information you know, would love to hear it.
You can see here.: "The sharp decline in cryptocurrencies’ prices takes place in the wake of the news that the US Commodity Futures Trading Commission (CFTC) has requested trading data from crypto exchanges Bitstamp, Coinbase, itBit and Kraken. These are respectively the 21st, 14th, 45th and 13th largest exchanges in the world by trade volume, according to Coinmarketcap." https://cointelegraph.com/news/all-of-top-100-cryptocurrencies-see-red-amidst-cftc-price-manipulation-probe
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kwabeedat
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June 11, 2018, 07:49:22 AM |
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Some bad news came around that some major exchanges are being scrutinized to find out the suspicion of cryoto market price manipulation. Maybe some people are trying to get out so that they don't meet any action taken by the authorities. Buh well, I heard this news a long time ago and so i don't know why it just took such a massive effect on the market. Maybe something is coming that we don't know yet.
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RNGfight
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June 11, 2018, 07:50:06 AM |
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Woke up today I also scared by this huge drop, but I can't find any the latest news about the bitcoin to fall, so I think it's just a normal fall, people started to panic, I will choose to buy.
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tweetbit
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June 11, 2018, 07:53:22 AM |
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I know it won’t be bad asking question and for information purposes, but this can be answered by even in just a commonsensical manner. Is it temporarily? that’s absurd being a member rank and haven’t experience it before. Bitcoin and altcoin does go up and down for many reason in the past, it does recover and it will always be.
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HODL
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enendad
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June 11, 2018, 07:53:57 AM |
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It's big whales taking out their little profits that they leach out of the market plus panic sellers who hear any small news and they panic sell because they do not know how to hold their Bitcoin and Altcoins for the longer term. Main reason for this dump was because of the probe into insider trading and manipulation in the four main exchanges and that was enough to cause another shake out. Congratulations to all those that dumped at a loss and who are giving food to the whales, bravo!
I agree with you and it seems that all the big fish do this, including stocks and bets when appropriate. After releasing some news, many retail investors will be turbulent and panic. The wonderful ones should be behind and they should absorb more funds!
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kortwyss
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June 11, 2018, 07:57:51 AM |
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Today's picture of the market is very similar to the situation in mid-December. Today, crypto-exchangers have become more difficult to acquire bitcoins: people do not want to give up a growing asset. Analysts note a number of factors that directly indicate that since this week the market has begun to grow rapidly.
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dhmi
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June 11, 2018, 07:58:37 AM |
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There is panic. No hack. 8000 thousand pieces of bitcoin shipped to Asian stock exchanges. There is a decline for that reason. Calm down again to 7,500 bands.
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Piskeante
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June 11, 2018, 07:59:45 AM |
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i've said it just 30 min ago. After a big crash with a little recovery going horizontally, now another big crash incoming. Cryptomarket cannot recover from this. Its not recovering. we are simply helping big whales to be more rich. Holders are being crashed. Only intra-day traders are making money. All others are horrified watching their portfolios.
Market WILL NOT RECOVER FROM THIS. You've been warned.
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BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
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unusualfacts30
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June 11, 2018, 08:02:10 AM |
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those are very good articles describing on current stats of the market but some people think it could be aliens so I don't know. may be we're dealing with something ET here.
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3kpk3
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June 11, 2018, 08:04:13 AM |
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What is so surprising about this op? Did you never see a bear market before? Bitcoin dropped all the way to $6k recently and bounced back close to $10k and is dropping again now. This goes to show how extremely volatile this market is. You were aware of the risks before you invested into this market. The current bear market is making people forget the fact that Bitcoin and the entire market has still grown plenty over the last couple of years.
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AUruHM
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June 11, 2018, 08:05:23 AM |
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i've said it just 30 min ago. After a big crash with a little recovery going horizontally, now another big crash incoming. Cryptomarket cannot recover from this. Its not recovering. we are simply helping big whales to be more rich. Holders are being crashed. Only intra-day traders are making money. All others are horrified watching their portfolios.
Market WILL NOT RECOVER FROM THIS. You've been warned.
Oh, panic sellers are online I hope you sell all own alts, isn't it? Today's dump is like spring dump. BTC was by $6k and nothing happens. How can whales be richer if they will kill BTC as you say? However, whales buy more and more BTC. And you can sell them all your funds. I'm waiting
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buivanquan22
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June 11, 2018, 08:08:06 AM |
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Market is panic. People are selling off too much, leading to deep discounts. Sharks use too much bad news to dump Bitcoin.
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Ycekezuv
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June 11, 2018, 08:16:39 AM |
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You need more optimism, watching the crypto market, especially you need to stay away from panic, the market will soon grow, you need a little time!
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