jamesashmore1964 (OP)
Jr. Member
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Activity: 336
Merit: 3
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June 20, 2018, 05:16:57 PM |
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Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!
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"You Asked For Change, We Gave You Coins" -- casascius
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KJMZNine
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June 20, 2018, 05:21:28 PM |
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The market is bouncing again, but if you look into a 1D chart it is not really looking good and the bonces are still very small. So I would say that you should buy a little bit now and invest some more if the moarket dirves down more. You are safe then, because you can buy the dips if you have some money left!
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bigcash2011
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June 20, 2018, 05:21:45 PM |
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According to market cycle we are in the phase of Depression and next bull run is near now and i think market just needs one strong breakout for the start of a new cycle and bull trend.
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Jordens
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June 20, 2018, 06:51:49 PM |
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Indeed, the market needs a breakthrough and let's hope that it will come soon. Bitcoin pumps are very attractive for investment, though very risky.
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5ensei
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June 20, 2018, 07:08:42 PM |
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It pumps when there is good news and then dumps when an exchange gets hacked. Even if bitcoins are not taken the price still goes down and the rest of the market with it. We need more people like McAfee to keep shilling the markets
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buytheeffinD
Full Member
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Activity: 266
Merit: 101
The revolutionary AI gaming ecosystem
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June 20, 2018, 07:09:41 PM |
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Of course the market revolves around Bitcoin increasing, most of the markets have pairings that are tied with Bitcoin.
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Trueteller
Full Member
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Activity: 364
Merit: 103
“Blockchain Just Entered The Real World”
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June 20, 2018, 07:55:25 PM |
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I think it's not even in pairs for bitcoin, but in the fact that everyone is used to the fact that where BTC, there altcoins and at the same time no one wants to be the last in the boat. You just need to accept it and learn how to evaluate it correctly
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usekevin
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June 20, 2018, 08:12:34 PM |
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In between two days intervals ,the price of Bitcoin reach any peak.The wise things which you must do is hold at the dip and buy huge at the dips for the future profit.I had working as day traders, nearly one year.Being a wise day trader,you can earn from the minor pumps.
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Astvile
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June 20, 2018, 08:15:06 PM |
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Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!
I think the recent pumps are just bull traps and some are becoming hesitant to grab the chance to buy more since the market will dip again after a day or two. That is why instead of day trading, I just choose to hold since I have no enough time to check the market from time to time. I do not want to risk and loss some more money because of this. |
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sunsilk
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June 20, 2018, 08:17:15 PM |
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If the bitcoin market goes down, you're telling and creating bunch of threads that it's going to be the end of bitcoin.
And when there market ups, you're telling it that it's creating less confidence in the market. You've been one sided about bitcoin and you hated it most, can you tell what's the reason?
Normally, if bitcoin went down the market will bounce back and that's the start of recovery. It's been tough for several months but having those pumps are normal.
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Poink
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June 20, 2018, 08:21:13 PM |
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The market has ALWAYS been revolving around Bitcoin...you just noticed?  |
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oxonhu
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June 20, 2018, 08:26:28 PM |
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hopefully we are end of bear market. all btc + altcoins are going down since january and its the end. btc will recover and alts will follow btc. cycle is done its time for pump. i hope this pump will be much more than last pump.
btc need jump to 11k than everything will be easier.
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acorcos
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June 20, 2018, 08:45:09 PM |
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hopefully we are end of bear market. all btc + altcoins are going down since january and its the end. btc will recover and alts will follow btc. cycle is done its time for pump. i hope this pump will be much more than last pump.
btc need jump to 11k than everything will be easier.
I think prices can not dump much more. There are so many institutional invenstors in the market that will pick up the current market sentiment as an opportunity for buying low into Bitcoin. |
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3la9l_kolbaCa
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June 20, 2018, 09:06:57 PM |
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According to market cycle we are in the phase of Depression and next bull run is near now and i think market just needs one strong breakout for the start of a new cycle and bull trend.
Yes mate, the market need a good timing and as correction wasn't over yet then it needs to fix some discrepancy of the market value of all cryptocurrency particular on bitcoin demand. We might not experience bull run yet, but the people right now always remain ready on their marks for the preparation of the upcoming bull run which is expected to happen at anytime this year. |
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swissgang
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June 20, 2018, 09:16:16 PM |
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I think it is not a speculative rise or bounce because despite the bithumb hack, it has not been affected at all, this indicates it is upward right now but there might be downs for sure.
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lx001
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June 20, 2018, 09:23:10 PM |
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I do not know why there are so many people thinking that there is going to be a bull run this year, everyone expects new ATH's just like they were expecting it in February and March. I am feeling desperation in the air after all the losses. Even though the whole crypto sphere has evolved significantly since the end of 2013, there is a possibility that there will be no major uptrend this year or even next year. The majority is not prepared for that, and this is what whales are used to do.
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AngellSky
Member
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Activity: 462
Merit: 10
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June 20, 2018, 10:03:13 PM |
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I think it is not a speculative rise or bounce because despite the bithumb hack, it has not been affected at all, this indicates it is upward right now but there might be downs for sure.
It seems to me that this is a very weak rise for Bitcoin, because it falls on 2 positions, and rises to one position. So the whole situation on the Bitcoin crypto currency market is more than negative. |
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jigzaheedcoin
Member
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Activity: 194
Merit: 10
☀️ Iskra Coin ☀️
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June 20, 2018, 11:05:08 PM |
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hopefully we are end of bear market. all btc + altcoins are going down since january and its the end. btc will recover and alts will follow btc. cycle is done its time for pump. i hope this pump will be much more than last pump.
btc need jump to 11k than everything will be easier.
Absolutely,bitcoin has several number of dumps already and I think it's time to regain energy and resources. Only loyal members are able to continually support fpr the market to rise again. We all know that it is a struggle but if we try to cooperate I think this will go through well. Market depends on bitcoin so better yet bitcoin has a big impact in the economy as well. |
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just_Alice
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June 20, 2018, 11:07:31 PM |
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Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
I believe these pumps are creating less confidence in the market and scarring people away!
Yes, I used to think that all these pumps are related to people panic selling, but considering BTC daily turnover I think that panic selling might not influence the price as much as others think. Obviously, pumps have something to do with market manipulations. And yes, it might scary people away, but not for a long time: once the price starts to increase people will become interested in BTC again. |
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passwordnow
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June 20, 2018, 11:09:13 PM |
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Many Bitcoin pumps in the last seven days: TRAPS to make money from small retail investors?
I think YES
Bull trap? you can tell what you want to tell with those opinions on your mind about it so do you know when this bear trap will end? I believe these pumps are creating less confidence in the market and scarring people away!
More pump, more investors, more attraction. |
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