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Author Topic: do anyone know why?  (Read 233 times)
Digital Mutant (OP)
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July 04, 2018, 04:32:06 PM
 #1

....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?

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July 04, 2018, 05:58:27 PM
 #2

there has been at least 20 different altcoins that have gotten pumped hard during the last couple of days but you missed those.

there also has been the same other 1600-20 coins that have been doing the same thing as ever meaning they are on the dump but since bitcoin price reversed they could take some time off from getting dumped and have some small recovery. i suppose you are calling this small recover as "pump and horizontal" which is wrong it was a recovery from dumps followed by mostly nothing since whales are waiting for the orderbooks of these altcoins to become packed so they can dump into them.

There is a FOMO brewing...
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July 04, 2018, 09:52:06 PM
 #3

This is not 100% of explanations, since all these movements are affected by a large number of various factors, each of which could provoke such a peculiar price movement. I think it's a calm before the storm, do not do anything yet, wait a week.
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July 04, 2018, 10:00:18 PM
 #4

Some of analytics notices subtle similarity between crypto and commodity markets. I am not expert but I looked at the chart which displayed crude oil and it seemed to me that crypto assets were simpler to trade and analyze. So you can trace similarities and dependecies yourself and you can probably find an answer to your question.
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July 04, 2018, 10:32:37 PM
 #5

....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?



Just don't stressed yourself knowing the exact and real reason. Lots of things can be considered and have a respective explanation by each of them.

Go with the flow and play with the volatility. Majority of my coins on my portfolio are having a crazy movement recently on which majority of them have the same value of range whether going up or going down.

Let's just wait what will happened next.....

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atrocityx
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July 05, 2018, 02:55:09 AM
 #6

....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?



I posted an article on this I found, its called "Bart Candles"  Its basically caused by large players in this space on leverage countertrading people buying or selling and stoplosses as free liquidity to the do the opposite:

Here is the thead I posted about this topic:

https://bitcointalk.org/index.php?topic=4511027.msg40626217#msg40626217
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July 05, 2018, 03:21:23 AM
 #7

Bitcoin peaked on December 17 last year at $ 19,783. Currently, the currency is trading at over $ 6,000, or nearly three times as many as in the next five years. Why the reason   can you tell me?
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July 05, 2018, 06:42:17 AM
 #8

The Crypto business is something no body can give a direct or correct calculation, its majorly influenced by news,and interest or intentions of people in any given token..just go with the flow and not be greedy but careful..
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July 05, 2018, 08:16:19 AM
 #9

The reason for the decrease in bitcoin and the reasons for the move may be different than in 2017, there are some reasons for it, we should have questions but have not found the answer for us.
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July 05, 2018, 08:43:05 AM
 #10

....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?


Yes because of the bump in the price of bitcoin,most of the coin's price will be depending on the bitcoin price so it is not a different thing to watch look like of bitcoin price chart.It all depends on the holders of the coin.
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July 05, 2018, 09:35:33 AM
 #11

....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?



What you are looking at has been called a Bart formation.

Basically if you ever watched the Simpsons and you notice how the son, Bart looks its similiar to this pattern.

The reason why this is happening more and more lately is due to poor liquidity and low volumes. Basically anyone with around 1000 BTC can easily make the market move up and down like that.

There are rumors that some whales do this on markets like Bitfinex so they can make large amounts of leveraged bets on the futures like OkEX and Bitmex.

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July 05, 2018, 10:07:22 AM
 #12

I surprised when to see MANA Coin chart, that pump 100% just in 1 hours and then dump again so fast. I  think this happen because some trader has planed to pump and dump that coin before. There are alot of trader community now that make signal to pump and dump any coin. Daily volume of MANA coin is high so i think only whales who possible to pump and dump that coin.

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Cryptogid
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July 05, 2018, 12:17:24 PM
 #13

The Crypto business is something no body can give a direct or correct calculation, its majorly influenced by news,and interest or intentions of people in any given token..just go with the flow and not be greedy but careful..
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July 05, 2018, 01:29:30 PM
 #14

....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?
which coin? There are 1000s of coin be specific

In overall whole crypto market is in green right now except few coins which is quite relaxing for all holders, this can be considered as signal to next bull market but there is still very huge sell pressure which can move market to bearish again.
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July 05, 2018, 02:21:03 PM
 #15

The Crypto business is something no body can give a direct or correct calculation, its majorly influenced by news,and interest or intentions of people in any given token..just go with the flow and not be greedy but careful..
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July 05, 2018, 04:19:19 PM
 #16

....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?



Actually, there are many factors because of which professionals and other traders are pumping and dumping the coins. One of them is manipulating the cryptocurrency by playing with amateur traders emotions so that they can flush out many small traders out of the game before any big move and this we use to see often and this history repeat again & again. The recent pumps are also due to this manipulation from pro traders and so you can expect a big move soon.

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July 06, 2018, 09:50:07 PM
 #17

I just think the market has finished its strength and trying to take another girl. We have had the market dropped so well that it is looking to take a further direction.
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July 06, 2018, 09:58:56 PM
 #18

There's really not a single incentive for the masses to buy bitcoins as of late, limiting the trading action to a few traders and market movers. Also, the market's confidence about the coin is still low, causing a stagnant environment as of late. No one new buys it, just the same old hands playing the cards wanting to make a profit. Support levels are in place, with the resistance on the other hand being a stronger force between the two, so it can't go up that much, and it didn't go lower than $6000. Just your normal tug-of-war between players who all want to make money without any serious motivation involved.

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July 06, 2018, 11:10:49 PM
 #19

This field is full of unpredictable situations so know one say the reason for the pump and dump but I can relate to traders switching coins , dumping and getting to the one that will make them profit early without much waiting.
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July 10, 2018, 08:20:23 AM
 #20

....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?


Well it has been a normal thing and I don’t know why,  though it doesn’t happen all the time. During the last days you will notice that the price will just get pumped and after that the next thing that happens is that it gets dumped and price will fall immediately, you will see lots of people losing money. If you’re investing money during a pump you’ve got to be careful, that’s all that matters, invest and monitor the price steady.
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