websoftwareengineer
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Blockchain with VTOS energy
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August 24, 2018, 06:47:31 AM |
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in my opinion, the price of bitcoin is currently collapsing and a lot of victims are due to bad news that attacks the condition of cryptocurrency prices which eventually makes a lot of traders panic and eventually sell their assets at cheap prices.
The crash happens every time there is a negative speculation that occurs in the market and people tend to panic which makes them sell their coins at the lowest price and bitcoins is dumping at that time. |
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South Park
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August 24, 2018, 03:21:45 PM |
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Bitcoin is no longer crashing, the crash happened months ago, what we are seeing right now are corrections, sometimes the price goes up or down but not much of interest is happening right now, the only ones keeping an eye on the market are traders and speculators, everyone should be concentrating instead on trying to get as many bitcoins as possible.
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rickadone
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August 24, 2018, 03:50:12 PM |
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Bitcoin is no longer crashing, the crash happened months ago, what we are seeing right now are corrections, sometimes the price goes up or down but not much of interest is happening right now, the only ones keeping an eye on the market are traders and speculators, everyone should be concentrating instead on trying to get as many bitcoins as possible.
It is not currently getting crashing out but probably OP is asking about why it has fallen from $20,000 to current price levels. First of all we all must understand that the price rally of $10k to $20k which happened in less than 30 days of November 2017, was just a bubble which got burst out in 2018. Just accept the fact of, the realistic value bitcoin may have in 2018 is around $10k. Now tell me bitcoin got crashed out ? No, a pull back from $10k to $6k is very much normal in bitcoin markets as it is always known for heavy volatility. When $10k is the reasonable price level by the year 2018, we can expect people to book profits which is obviously taking the market to fall down unless otherwise there will be any supporting positive news is happening. Always the down market is heavily driven by FUDs and uncertainty hence new investors will opt to stay away which will lead to deeper falls. This is the actual things happening in bitcoin markets hence it is not crashing out but still trading at reasonable levels from what momentum it got from the year 2017. Probably levels like $8000 to $9500 (in down market side) or $10500 to $12500 (in up market conditions) must be the right things by August 2018 but we are into $6500 levels which may be considered as crash but actually it is not. It is just a heavy sell-off state due to FUDs and profit-booking by whales. |
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rainezerr
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ADAB ADAB ADAB ADAB
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August 25, 2018, 06:55:33 AM |
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The Bitcoin price as of now is dancing because of the ETF news. US SEC will announce it’s Bitcoin ETF decision on 10 August 2018. It is being said that, it might happen that SEC approves CBOE ETF on 10 August and if it happens, we can see a parabolic bull run in Bitcoin price. Until then, it may hover between $7600 to $9000. What do you think? Where is Bitcoin heading and what about the Altcoins and the rest of the Cryptos?
Maybe the price of bitcoins will pump up to $9k dollars but it will never decrease below $6k again because most of the people today are investing since it was expected that bitcoins will reach $50k dollars before the end of the year. |
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Hobo66
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August 26, 2018, 04:15:16 PM |
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I think, the next thread has provided good information why the price of bitcoin is decreasing again at this time. Well, I think this is clearly very much related to ETF that refuse submissions. well, hope this crisis will end soon. Well, you can see the news on the CNCB site, or something else.
Yes that is right that ETF related news are creating problems but I think that this will not continue for a long time and very soon this problem and news about ETF will comes to an end and we will again see the bitcoin price trading above 8000$ very soon. |
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eaglewhite80
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August 26, 2018, 04:25:29 PM |
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I think, the next thread has provided good information why the price of bitcoin is decreasing again at this time. Well, I think this is clearly very much related to ETF that refuse submissions. well, hope this crisis will end soon. Well, you can see the news on the CNCB site, or something else.
Yes that is right that ETF related news are creating problems but I think that this will not continue for a long time and very soon this problem and news about ETF will comes to an end and we will again see the bitcoin price trading above 8000$ very soon. People only just like to associate every news with any movement in the market. Sure, news fundamentally are usually a driving force when it comes to market, but I feel the whole ETF thing has been too focused on to be one of the driving force which I believe it is not. Probably if accepted could bring about some interest in the market but I do not really see its disapproval having much effect as it is. Also, with respect to the crash Op mentioned, this is simply just a normal downtrend, but whoever want to see it as a crash is their cup of tea. Crash or not, at least we have the chance to buy lower. |
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eekkaa
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August 26, 2018, 04:38:25 PM |
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I think a lot of bitcoin prices are falling probably due to bad news that makes a lot of traders panic and eventually make them sell the assets they have at very cheap prices and ultimately make the price of bitcoin fall.
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sumanto
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August 27, 2018, 05:58:05 AM |
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It seems that makes the price of bitcoin experience price breakdowns to this extent I think it's because of bad news that ultimately makes traders panic and sell the bitcoin they have at a very cheap price and finally make bitcoin prices fall as badly as this.
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bitcoinposts
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August 27, 2018, 02:20:48 PM |
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Bitcoin is crashing the main reason is because of ETF news once the SEC accept or reject the news is badly got affected with Bitcoin futures. by next year Bitcoin may be unaffected with Bitcoin ETF news we can see growth there onwards
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Osarman
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August 28, 2018, 07:40:28 AM |
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I think, the next thread has provided good information why the price of bitcoin is decreasing again at this time. Well, I think this is clearly very much related to ETF that refuse submissions. well, hope this crisis will end soon. Well, you can see the news on the CNCB site, or something else.
Yes that is right that ETF related news are creating problems but I think that this will not continue for a long time and very soon this problem and news about ETF will comes to an end and we will again see the bitcoin price trading above 8000$ very soon. People are only assuming there is a problem with the ETF news but really, the market is just in a bear state and that is all that counts as far as I am concerned. ETF approval and the most important one we are waiting for could bring about some huge interest in the market but that is still a bit far from now and I would not be expecting any serious ETF approval this year at all. However, this is not a crash but just a downtrend, and I wonder if some newbies really understand what a crash means. |
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BorisVirla
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August 28, 2018, 07:49:15 AM |
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Bitcoin should grow, many now are buying anew the currency.
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hualy2
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August 28, 2018, 07:54:17 AM |
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Not only is the price of bitcoin starting to fall, all coins have fallen, but bitcoin has now started to rise, while the altcoin is still falling!
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begau
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August 28, 2018, 08:31:18 AM |
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Not only is the price of bitcoin starting to fall, all coins have fallen, but bitcoin has now started to rise, while the altcoin is still falling!
The situation you mentioned has a few but not many. Looking at today's market like many other times, bitcoin and almost all coins are green. I see the end of each month market tend to increase slightly. |
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SolomonSollarsNSense
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August 28, 2018, 10:29:15 AM |
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Yesterday we went up $400, as bitmex was down for maintenance, and bitcoin immediately pumps. I guess it pretty much shows how the market is manipulated. Some short positions called margin calls, likely because of that we returned back to levels we been a day before.
Yes, even in the short term, we will still keep experiencing some little correction to the upper side as we cannot expect the market to move hugely downwards as well without all this slight movement upward. The good and positive symptom is market is rock solid stable around $6500 levels which may end the crashing and lead to big prices in coming weeks. However, those who are looking to go long can do that bit by bit until they can go all in when there is a clear signal of a bull trend, but for now, we are still in bear space, and it takes a lot of being careful not to be a victim of a bear market. |
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hacekd
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August 28, 2018, 10:34:54 AM |
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The Bitcoin price as of now is dancing because of the ETF news. US SEC will announce it’s Bitcoin ETF decision on 10 August 2018. It is being said that, it might happen that SEC approves CBOE ETF on 10 August and if it happens, we can see a parabolic bull run in Bitcoin price. Until then, it may hover between $7600 to $9000. What do you think? Where is Bitcoin heading and what about the Altcoins and the rest of the Cryptos?
BTC market manipulation has become a very controversial field that has always emerged when questioning the activity of Bitcoin prices. Another reason to explain why Bitcoin falls now is market maturity |
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susuberuang
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August 28, 2018, 10:51:12 AM |
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I think the price of bitcoin collapsed maybe because there was bad news that made traders and bitcoin holders panic so they sold the bitcoin they had at a very cheap price.
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Supercrypt
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August 29, 2018, 06:43:45 PM |
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Not only is the price of bitcoin starting to fall, all coins have fallen, but bitcoin has now started to rise, while the altcoin is still falling!
The situation you mentioned has a few but not many. Looking at today's market like many other times, bitcoin and almost all coins are green. I see the end of each month market tend to increase slightly. This is not really about the end of the month, but maybe we should hope September will actually come with some goodies though. Altcoins are known to blow up when bitcoin is consolidating, and so far, they are beginning to gain some bullish momentum with some of them trying to give a push up. We cannot say how far this will go, but like someone rightly said, it is all on how bitcoin is going to be moving. I would still like to see more push upwards though, before one can start saying the green days are here. |
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clarkgeneral86
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August 29, 2018, 07:37:58 PM |
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I think the price of bitcoin collapsed maybe because there was bad news that made traders and bitcoin holders panic so they sold the bitcoin they had at a very cheap price.
Investors will not easily panic as you think, they are familiar with the bad news. How many bad news do you think the market has over the past year? |
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ivrynx
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August 29, 2018, 08:16:46 PM |
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I think the price of bitcoin collapsed maybe because there was bad news that made traders and bitcoin holders panic so they sold the bitcoin they had at a very cheap price.
Investors will not easily panic as you think, they are familiar with the bad news. How many bad news do you think the market has over the past year? I agree, investors do keep watch on the market and will wait till the right opportunity to buy again, those who sell bitcoins at a low price nust have been new to investing or had already made a lit of profit, but by looking at what is happening now, real investors are on a vlose watch of the market and are waiting to buy in anytime they see fit, and it should be backed up by real news and not just FOMOs. |
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BlueStackz
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August 30, 2018, 07:52:47 AM |
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This is the "beauty" of bitcoin. You can start writing about how the bitcoin is crashing and even before bitcoin reaches to dip and before the topic becomes 5 pages, bitcoin rises again.
It might as well just be the opposite as well, you can start a topic like "bitcoin is on a bull run" and before that topic reaches to page 5 bitcoin might just start to drop once again. I think that is the main problem with bitcoin, the volatility, I rather have lower returns on bitcoin but a bit more stable prices would help us a lot to at least calculate our investments into crypto world a lot better. Before that, its just throwing a dart in the dark for all of us who are deep into this.
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