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South Park
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September 21, 2018, 04:51:40 PM |
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I believe it's a combination of all 4 scenarios that you listed. However imho, the whales manipulation is playing a very big in why crypto is in a bearish thrend. You never know when the whales will decide to say END to this dip and bring BTC back to 10K or more. We've seen this happen multiple times in the past and I'm sure that it will happen in the future too.
The whales decide when to end the bull markets because they have so many coins that they can crash the price if they want, but they cannot decide when the bull market begins because they do not have control over all the people that right now are deciding to not invest in bitcoin because they are afraid, so they are doing what any reasonable person will do, which is to take advantage of the prices and buy all the coins they can afford. |
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biletskiy
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September 21, 2018, 04:59:57 PM |
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I think Crypto market down because breaking news that the winklevoss twins application for a bitcoin exchange-traded fund ETF has now been rejected by SEC
I cannot say that it is down. This situation is called the flat market. The cryptocurrencies are not falling really much but we do not see their cool rise at all. |
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aso118
Legendary
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Activity: 1918
Merit: 1012
★Nitrogensports.eu★
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September 21, 2018, 05:03:00 PM |
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I believe it's a combination of all 4 scenarios that you listed. However imho, the whales manipulation is playing a very big in why crypto is in a bearish thrend. You never know when the whales will decide to say END to this dip and bring BTC back to 10K or more. We've seen this happen multiple times in the past and I'm sure that it will happen in the future too.
The whales decide when to end the bull markets because they have so many coins that they can crash the price if they want, but they cannot decide when the bull market begins because they do not have control over all the people that right now are deciding to not invest in bitcoin because they are afraid, so they are doing what any reasonable person will do, which is to take advantage of the prices and buy all the coins they can afford. Whales cannot continue the market for ever. With each and every time that they dump their coins and limit the upside for others, their power to control the market declines. They will not be able to buy their coins on the cheap after every crash. There is no point in worrying about the short term volatility in Bitcoin's price. |
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Riddikulo
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September 21, 2018, 05:15:06 PM |
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is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
The market is donw right now is simply because there are still countries who still do not accept bitcoin, that is why we are losing investors and supporters in every upcoming project. I think there are now only few people who don't believe in cryptocurrency anymore because most all of their holdings are in a very low price. Yes, this is one of the main reasons for the market fall. Besides it, ICOs sell their tokens and Ethereum - this fact also affects the cryptos prices. let us hope that this year will be the last down period. |
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MrRiuss
Member
Offline
Activity: 317
Merit: 11
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September 21, 2018, 06:24:34 PM |
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is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
i think this only the game for big whales. price up or down, big whales still profit. |
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prtty2gal2
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September 22, 2018, 06:45:41 AM |
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Maybe market was tired about always giving bad news of bitcoin and altcoin, many investor are panic for selling their asset at lower price and make market was down. now we have support by making more investment at bitcoin and altcoin.
I think the market is down because of the recessionary business phase. This actually lasted foe long since the one in 2013. This time the economic activity remained a bit cold and some people also started drawing out their investments despite knowing they are facing loss. The reason for the recessionary phase might be the government intervention of many countries and the activities of the whales. This has actually affected the market very much. However this is not the end yet and i hope the market will recover soon in the end of this year or the start of the next. |
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Bastillsoul
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Activity: 28
Merit: 0
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September 22, 2018, 09:23:31 AM |
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the price of the market has been increasing. It makes everyone have more confidence in it. It won't always go bad. The last 2 days have proved that. I don't think we to panic when the price down a bit, because the market is very hard to forecast.
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susuberuang
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September 22, 2018, 10:42:10 AM |
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when the cryptocurrency price conditions on the market are falling, what I will do is take advantage of this moment as best as possible and buy coins as much as possible when prices fall like that using panicked traders.
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hahay
Legendary
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Leading Crypto Sports Betting & Casino Platform
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September 22, 2018, 10:46:45 AM |
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There are many factors that make the market go down but I think that is no longer important to the problem, because how come when the market falls there will be traders who take advantage of panic selling. If that continues to be the case when they are dipped, then they will get good profits in the near future, just as the crypto market is being pumped up and I have heard stories from close friends who have made good profits in a short time.
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teosanru
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September 22, 2018, 11:41:52 AM |
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There's never really anything that happens. It is just the whales and negative news. That's it. Until that happens, people keep pouring money in and market keeps rising.
There are times when I get completely tired of this, but then what choice do we have. No one knows where the market is heading and how it may end one day.
Keep playing along as long as you're making money.
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South Park
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September 22, 2018, 07:37:55 PM |
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I believe it's a combination of all 4 scenarios that you listed. However imho, the whales manipulation is playing a very big in why crypto is in a bearish thrend. You never know when the whales will decide to say END to this dip and bring BTC back to 10K or more. We've seen this happen multiple times in the past and I'm sure that it will happen in the future too.
The whales decide when to end the bull markets because they have so many coins that they can crash the price if they want, but they cannot decide when the bull market begins because they do not have control over all the people that right now are deciding to not invest in bitcoin because they are afraid, so they are doing what any reasonable person will do, which is to take advantage of the prices and buy all the coins they can afford. Whales cannot continue the market for ever. With each and every time that they dump their coins and limit the upside for others, their power to control the market declines. They will not be able to buy their coins on the cheap after every crash. There is no point in worrying about the short term volatility in Bitcoin's price. But that assumes that they do not get back into the market when the price is very low which is precisely what I think they are doing right now, they are doing it in a way to not bring attention to what they are doing, they are letting everyone that wants to get out of the market to do so while they are the ones that are buying those coins because they know that the price is going to eventually go up again and they're going to obtain massive profits as they have always done so. |
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Escf4
Jr. Member
Offline
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
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September 22, 2018, 10:12:37 PM |
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One of the reasons maybe that the market is down right now, is that there maybe plenty of supply of tokens and coins in the market caused by massive dumping of this coins, thus causing the market to falldown of price value , so in economics when there is much supply the price will go down.
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zero9119
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September 22, 2018, 10:58:50 PM |
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There are many factors that make the market go down but I think that is no longer important to the problem, because how come when the market falls there will be traders who take advantage of panic selling. If that continues to be the case when they are dipped, then they will get good profits in the near future, just as the crypto market is being pumped up and I have heard stories from close friends who have made good profits in a short time.
The cryptocurrency market is still in a downtrend and there are signs of recovery but have not yet surpassed the downward trend since early 2018. I hope that the cryptocurrency market will be more stable during the year-end period and that this will be a very good investment opportunity for new investors entering the market. |
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juragane
Member
Offline
Activity: 476
Merit: 10
CAT.EX Exchange
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September 22, 2018, 11:15:33 PM |
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when the market is falling like this is actually a very good moment to buy coins because the price is still very cheap it will be able to provide a lot of benefits for you.
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pallang
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September 23, 2018, 07:21:03 AM |
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I think one of the reason why market is still down today because some people who have tokens in their hands sell their tokens even its price is low and this cause panic i think that makes the price in the market low
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Vritesh
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September 23, 2018, 10:39:29 AM |
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According to my views market is down right now due to the instability of the economy. Ratios of demand and supply are not accurate. People in the market are either very rich or poor. This creates a big misbalance in the market due to which it faces a heavy downfall. Due to the low valuee people start selling their bitcoin which makes the situation more worse. So just go with the flow and wait for the right time.
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Shimmiry
Full Member
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Activity: 840
Merit: 105
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September 23, 2018, 10:52:02 AM |
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From what I'm seeing, I believe the market is down because of the outcome of ETF and unfortunately, I think we are still going to wait till September 30th. Investors are not having confidence in the market, they are withdrawing their orders.
Got a point. There are really different factors affecting the market. And even if it is jist a small factor it has a big impact to the market. We cam do for today ia to continue believing on what the cryptocurrency or the bitcoin or the altcoins can really offer to us. Trust amd patience is a must. |
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BitcoinMarketer39
Full Member
Offline
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
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September 23, 2018, 01:37:46 PM |
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is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
Most of the people are selling their coins at its lowest price due to their emotions when the prices are dumping, but it was not a bad thing since you can still invest in a cheaper price in order to earn more profit in the future. |
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Black Angel
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September 23, 2018, 01:53:45 PM |
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when the market is falling like this is actually a very good moment to buy coins because the price is still very cheap it will be able to provide a lot of benefits for you.
I agree, we must always be optimistic that crypto's future will continue to improve so buying when the drop rate is as good as now is a good opportunity to get big profits. |
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