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Author Topic: Why is Bitcoin Crashing?  (Read 2102 times)
DMCR lah
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August 30, 2018, 08:13:36 AM
 #101

I'm not sure of the current increase in bitcoin prices, because I think many investors are still reluctant to hold the long-term. when the price of bitcoin falls, there will be mass sales.
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August 31, 2018, 06:16:20 AM
 #102

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.
Oh yeah, no investor will be tampering with getting into a market until they are able to see a clear signal of participating in the market and this is how most institutions operate. For now, we cannot call this a crash and this is just a downtrend. Only if people know the extent of the word crash, then by now, we would have been as low as $100 even. Nevertheless, this is a great opportunity for anyone who is smart and has been looking for a way to get into the market all these while.

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.
That is usually the nature of every market and no market is ever stable. It is this volatility that makes it very interesting for traders and always looking forward to it every time. Stability is obviously something we cannot see with the decentralized nature of the market, as well as the fact that even if we are going to see any serious stability, it would require a huge level of demand and usage properly as a currency for payment than just a speculative asset.
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August 31, 2018, 06:28:59 AM
 #103

I'm not sure of the current increase in bitcoin prices, because I think many investors are still reluctant to hold the long-term. when the price of bitcoin falls, there will be mass sales.

People have started stoking it up now as many would have bought in 6k range and will hold it because they may be seeing the bull run is coming and it is better to buy in dip rather than buying at the rising or at high and then regret that market has fallen

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August 31, 2018, 07:28:33 AM
 #104

There are lots of factors for Bitcoin crashing but the main reason behind it is"the Price Manipulation". There are heavy manipulations in the bitcoin price. They are carried out by BIG whales who have thousands of Bitcoins. Big Whales can easily bring the price down by selling their bitcoins at any time when they want to get the benefit.
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August 31, 2018, 10:25:27 AM
 #105

There are lots of factors for Bitcoin crashing but the main reason behind it is"the Price Manipulation". There are heavy manipulations in the bitcoin price. They are carried out by BIG whales who have thousands of Bitcoins. Big Whales can easily bring the price down by selling their bitcoins at any time when they want to get the benefit.

I guess that price manipulation is occuring right now but we should still believe that bitcoins will pump up again before the year ends because it was happening again today just like what happened last year.
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August 31, 2018, 01:14:37 PM
 #106

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.
I still wonder why everyone keeps relating everything that happens in the market to bad news. What happened to the fact that the market had a huge rapid growth to around $19800 for no reason at all and could not sustain itself which it is trying to find a bottom as we speak ?
Yeah, that is what I am seeing in this market right now and unless we start seeing some real life usage and not just some speculative scenarios, things may actually not change.

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August 31, 2018, 01:24:17 PM
 #107

Crashing is normal in cryptocurrency as those bigger players will get their profits after the price rally. Also bad news about crypto may a factor that will trigger a panic selling on those weak hands that makes the price go bearish. It's good to hold while the market is crashing.

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August 31, 2018, 01:58:52 PM
 #108

Maybe because whales are still manipulating the market and they are just spreading rumors about that ETF. Technically bitcoin can survive even without it, but big player still want this market on the dump side and influence people to believe on that technology. The market will recover again and bitcoin will make big impact on this market again.
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August 31, 2018, 02:40:57 PM
 #109

Until then, it may hover between $7600 to $9000.

"Hovering between $7600 to $9000" is different concept from crashing.
Did you want to copy/paste a different news and mixed them up?  Tongue

Also, it cannot really hover "between $7600 to $9000" when the current value is not inside those limits, right? Wink

Maybe that's why you change the subject to "crashing"? No. It's not crashing, at least not in my opinion. Just the lower limit of the "hovering" interval was too optimistic. $7000-$9000 or even $6500-$9000 may be more realistic.
all possibilities can occur, from manipulation to other activities that are very influential on prices, we cannot reject the situation because it is the state of bitcoin and the nature of bitcoin like that, going up and down prices without us knowing it will often happen and we must be ready to make several strategies so as not to get huge losses
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August 31, 2018, 03:21:04 PM
 #110


I still wonder why everyone keeps relating everything that happens in the market to bad news. What happened to the fact that the market had a huge rapid growth to around $19800 for no reason at all and could not sustain itself which it is trying to find a bottom as we speak ?
Yeah, that is what I am seeing in this market right now and unless we start seeing some real life usage and not just some speculative scenarios, things may actually not change.

This point in time is just a correction of what just happen in that said no reason increase of popularity of bitcoin last year, it is just that things went too fast to increase to long to decrease that makes crypto users sad about it.

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August 31, 2018, 04:16:20 PM
 #111


I still wonder why everyone keeps relating everything that happens in the market to bad news. What happened to the fact that the market had a huge rapid growth to around $19800 for no reason at all and could not sustain itself which it is trying to find a bottom as we speak ?
Yeah, that is what I am seeing in this market right now and unless we start seeing some real life usage and not just some speculative scenarios, things may actually not change.

This point in time is just a correction of what just happen in that said no reason increase of popularity of bitcoin last year, it is just that things went too fast to increase to long to decrease that makes crypto users sad about it.
But I think there is a lot of bad news that ultimately makes the price of bitcoin fall because there are so many traders who panic when conditions are bad. the new traders are too easy to panic which ultimately makes them lose money.
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August 31, 2018, 06:13:25 PM
 #112

I'm not sure of the current increase in bitcoin prices, because I think many investors are still reluctant to hold the long-term. when the price of bitcoin falls, there will be mass sales.

Bitcoin prices today is starting to grow again and it was a very good sign to hold your coins in order to earn more profit when cryptocurrencies are going to the moon before the year ends.
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September 01, 2018, 10:54:21 AM
 #113

Just focus on the longer term. If you believe in Bitcoin/crypto then fluctuations in the bitcoin price now should not affect you too much.

Focusing on long term means safe trading because in this way you can wait for the highest price to come out while focusing on other jobs such as working in the corporate world.

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September 01, 2018, 02:13:34 PM
 #114

Just focus on the longer term. If you believe in Bitcoin/crypto then fluctuations in the bitcoin price now should not affect you too much.

Focusing on long term means safe trading because in this way you can wait for the highest price to come out while focusing on other jobs such as working in the corporate world.
I never think of a possibility that bitcoin value will become zero. Bitcoin as a popular cryptocurrency is well supported by many big investors and users around the globe. Though bitcoin had dipped many times due to
its volatility aspect but I have seen it can always recover.
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September 01, 2018, 04:56:07 PM
 #115

Because  this is how market works, after every fall in price, follow the price rise. Just focus on the longer term and wait till price goes where do you need it

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September 02, 2018, 01:54:10 PM
 #116

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!
Most altcoins at this stage are actually trying to give a little bit of rise and some bullish momentum with some already breaking out.
Although, all these is still subjected to how bitcoin is going to be acting in the next few days and if we still manage to stay in the consolidation mode inside the rising wedge within few days or find a way to at least go a bit above it, I guess we might have bullish altcoins in our hands within this period. The trend is our friend anyway, so we will see where it leads us.

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September 02, 2018, 02:35:46 PM
 #117

Don't know what kind of outlook you're on but most people who got into Bitcoin weren't unaware of long-term trends, yet ignored the fact that their recent heartbreaks are... recent. We're not even a year away from when the market started to pull back, we're still more than four months away from meeting that milestone, yet everyone's acting like it's the end of the world. Good for everyone still trying to build a decent holding, so keep it coming.

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!
Most altcoins at this stage are actually trying to give a little bit of rise and some bullish momentum with some already breaking out.
Although, all these is still subjected to how bitcoin is going to be acting in the next few days and if we still manage to stay in the consolidation mode inside the rising wedge within few days or find a way to at least go a bit above it, I guess we might have bullish altcoins in our hands within this period. The trend is our friend anyway, so we will see where it leads us.

Breakouts? I don't see any, not until they've managed to stabilise for more than weeks at a time AND show some teeth with the next dip for Bitcoin.

This IS the consolidation phase, Bitcoin's still trying to find a price to dig its heel in. And that it's still up from a year ago? That's what I call a show of strength.

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September 04, 2018, 05:25:59 AM
 #118

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?

Many thinks Bitcoin is a big bubble in the investment industry that has no value which is a big lie that was pomoted by media but the once who belived specially holders who were holding BItcoin sold to get rid of the mraket as soon as posible and moved to other investment options but now day by day most people are understanding the truth again and investing on Bitcoin so that is why its price is increasing     
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September 04, 2018, 06:25:44 AM
 #119

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?

ETF has nothing to do with the price movement as we can see it after denial value of bitcoin almost the same performance like couple months ago so i believe that people now learns about those issues and any other related topics are not enough to change the volatility of cryptocurrency

Because  this is how market works, after every fall in price, follow the price rise. Just focus on the longer term and wait till price goes where do you need it

Right,Patience is the virtue for us to stay successful here,we must not take things rapidly because only failure will face you
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September 04, 2018, 06:51:32 AM
 #120

When people feel the price of bitcoin is so high and they want to sell it all, that's the main reason bitcoin crashing after 2017. When the price reaches $ 20,000 in very short time, why is bitcoin not crashing?

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