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Author Topic: Bitcoin went from $5420 to $5117 in 2 minutes! Bubble?  (Read 716 times)
Queen_Amber (OP)
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April 25, 2019, 11:16:09 PM
 #1

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

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April 25, 2019, 11:25:52 PM
 #2

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?
Everytime there will be some minor price fluctuation in between, and the same has taken place now. The same will be recovered at the shortest and for this we can't say it a bubble. Also there is no proof that it is a shattering of the market by a single entity. Around some $300 difference is acceptable as massive drops have taken place earlier this year. Upon these market drops we don't need to panic of someone taking the price as low as $100 someday.

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April 25, 2019, 11:26:57 PM
 #3

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?
haha, it's never ending. Bitcoin has dumped that much so quickly and can say the absolutely opposite, it has risen up very quickly too, by 4k in one week when there was old good times of rising from 600 usd to 20k.
There is no way bitcoin will be 100$ one day, if that happens, believe me, this coin will be dead even if giving up on mining won't kill before.

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April 25, 2019, 11:30:25 PM
 #4

It is just normal. It seems that the market price has been controlled of to where they make an adjustments on what price that it will fall after calculating the possible selling og BTC and that I think the seller would.not like to make BTC drop below to 4K usd again.

Well, this is another good time to invest while market is down. Putting some money on it will let you earn in next few weeks. BTC has just started to make recoveries so there is no way it can go down again.
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April 25, 2019, 11:35:45 PM
 #5

In reality, a loss close to 6% is not as abnormal in the crypto market, as it would be in any other market,  where a 2% fluctuation can be of great concern to investors.

Keep in mind that every market moves with this type of fluctuations permanently, because there is no currency or asset that only moves in a linear way up, but a major correction usually occurs after a movement of great magnitude, and not we must forget that bitcoin in this month has grown more than 50%.
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April 25, 2019, 11:37:59 PM
 #6

Stay cool and relax its a normal for bitcoin fluctuation moves. Since the bear market start we know and can get all get learn all about fast movement of price pump and dump situation.  

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April 25, 2019, 11:42:07 PM
 #7

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?
haha, it's never ending. Bitcoin has dumped that much so quickly and can say the absolutely opposite, it has risen up very quickly too, by 4k in one week when there was old good times of rising from 600 usd to 20k.
There is no way bitcoin will be 100$ one day, if that happens, believe me, this coin will be dead even if giving up on mining won't kill before.
At the current difficulty, Bitcoin will 100% be dead due to a lack of miners before it dies due to low exchange values. Even with the decrease in difficulty, if the big miners don't want to mine, there's almost no reason for anyone else to want to mine either.

Now, I don't want to say it can never happen, as I remember back when Bitcoin had sat at the mid $100s sometime during summer 2015(?), but the chance of it happening now should be close to zero. Considering it went down from $20k to only about low $3,000s, that's already a testament to Bitcoin's resilience. It could have completely tumbled further than that, but it didn't. There's still a lot of money in Bitcoin and a lot of people are interested in seeing it succeed. That's one of the great things about the Bitcoin community.
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April 25, 2019, 11:47:51 PM
 #8

Its profit taking and not a bubble. We are stable for almost a month on $5k so I think its not a bubble and bitcoin is not a bubble. Don’t worry because its just a small correction and expect a more high price as we enter in the second month of the quarter.
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April 25, 2019, 11:57:48 PM
 #9

Too much worried? seems new? no it's not new anymore. We've got to see this happen whenever the market pumps that much.

Why and HOW is it possible for bitcoin to dump that much that fast?
Whales sold and followed by panic selling.

Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?
No it isn't controlled by anyone. To say at least, well bitcoin might pump to that extent and unbelievable high price and it could also go down as low as your expected price.

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April 25, 2019, 11:59:15 PM
 #10

Is the crypto bubble finally coming to an end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

i think the crypto bubble still there but to think that the price of bitcoin turn to $100 is almost impossible,
because if you think that would happen then how much money it takes for people to dump bitcoin to 100$?

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April 26, 2019, 12:00:26 AM
 #11

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

- Indeed, it is a very good buying opportunity.
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April 26, 2019, 12:04:48 AM
 #12

unless someone is holding a dozen or more bitcoins, i dont see a 300 drop really being much of massive drop.
most users that i have experienced hold not even .5 btc, so this 300 drop doesnt seem as if it will scare off very many people
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April 26, 2019, 12:40:39 AM
 #13

i understand you guys optimistic about bitcoin, but come on! this market is full of panic sellers and its obvious that one day people will panic sell it down to $1000... like all the newbies getting into bitcoin is making things very bipolar. like arent you guys at least a little scared about how much bitcoin can crash so quick?? its crazy to me Huh

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April 26, 2019, 01:38:32 AM
 #14

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?


The asset has much demand, nothing more.  If you are buying without knowing the reason the error is not of the asset, the error is yours.

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April 26, 2019, 01:39:37 AM
 #15

I did a video explaining 3 reasons causing the crash, check it out here and please if you like it take a minute to subscribe to the channel and like the video.

Video: https://www.youtube.com/watch?v=KlaEhaX0o8s
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April 26, 2019, 01:46:15 AM
 #16

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?
Indeed there are people who have very large funds and these people can make price changes so quickly. The person has the ability to dump and pump easily. But there is also a public situation, because the price of Bitcoin is influenced by demand factors, so that when the public is confident the price increases and when confidence decreases due to negative news, the price decreases.
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April 26, 2019, 01:52:23 AM
 #17

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?
no, bitcoin not controlled by one person or entity. price become fluctuatif. this is bitcoin, you have much learn bitcoin many time for know who is

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April 26, 2019, 01:56:26 AM
 #18

It's normal yet it's profitable at the same time. I think it isn't a bubble but it has a big chance that the prices could go more in the next days. During this market situation, we can just take advantage of it. It's the right opportunity for us to do day trading since the prices and changing in time.It's still part of bitcoin's volatility.
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April 26, 2019, 02:04:22 AM
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 #19

Is the crypto bubble finally coming to a end? Why and HOW is it possible for bitcoin to dump that much that fast? Is bitcoin controlled by 1 entity and will that entity dump bitcoin to $100 one day?

No, Bitcoin is not controlled by one entity, there could be whales, but I don't think that there are just one entity moving this price. The market is based on sentiments, there could be news affecting the market like this one, (https://finance.yahoo.com/news/ny-attorney-general-sues-bitfinex-210643545.html). Or just simply, speculators are shorting bitcoin and booking their profits for this weekend.

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April 26, 2019, 02:06:41 AM
 #20

I love this bubble tho, it has always been like this and guess what you are too worried about the little bubble. How much more if you are going to experience the same thing back on 2017 to 2018.

From october 2017 we are only on the price of $4,353 then on November the price skyrocketed to $9k then on Dec 2017 the price went to the universe to $13k

Then it bubbles down to $5k by now tho most of us gain our benefits from those. Is there any difference starting from now to then?
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