Did fear cause that sharp dump?

[jaocoincrypto18]

Fear has a big role of every dump but not only this Craig drama cause the Fear but also the big whales dumping manipulation will cause lot of Fear for the crypto users. The people will not be afraid of any market event as long as the market is not bleeding.

[perla]

Fear has a big role of every dump but not only this Craig drama cause the Fear but also the big whales dumping manipulation will cause lot of Fear for the crypto users. The people will not be afraid of any market event as long as the market is not bleeding.

That is what they aim if they are really exist, people's fear when price pump or dumped. Maybe with that, they take advantage from people who panic and FOMO. That is what i always heard about whales. But actual whales is exist or not, i am not really know. I only know when pump come there usually like already scheduled. So almost can predicted especially when good news come.

[bitgolden]

We believe that Bitcoin only has that recovery rate, we already saw that potentiality before that is why people are still giving their strong support even the price goes down dipper. But we can't deny also some newbies aren't that strong to hold in times of crisis knowing that they still in doubts of Bitcoin's capability and also with the market. With those instances, it contributed declining in price.

We were once like those newbies too before until we saw what bitcoin could do with our own clear eyes and that experience has still not left our picture which is why you see many investor now keep putting money into bitcoin, because they know the regret that they had then when they had chance to buy bitcoin and din buy it.

Most crashing that you see is probably newbies just dumping those coins out of fear because existing investors has seen too much, they have heard too much to be decided easily by these people that like to carry negative news because of their own personal interests.  Though we still have old investors that are not also string emotionally and those are the ones that use to panic sell anytime there is a bad news about cryptocurrency.

[1Referee]

But actual whales is exist or not, i am not really know.

Of course whales exist in the financial world. People have turned the term whale into one that's continuously associated with manipulation and whatnot. It can be an institution or a person like you and the rest of the people here, but with a lot of money. In reality it's just the difference in account balance.

I only know when pump come there usually like already scheduled. So almost can predicted especially when good news come.

I think you're referring to bullish formations that have a certain time frame within they are expected to break? These formations occur organically and can break well before the formation comes to an end. Nothing is scheduled here.

I can't however think of any good news in the last 12-24 months that made the price either break up or down after selling the news. Perhaps that Bakkt will be the first sell the news event since CME went live in 2017. We'll find out before the end of this month.

[Lanatsa]

We believe that Bitcoin only has that recovery rate, we already saw that potentiality before that is why people are still giving their strong support even the price goes down dipper. But we can't deny also some newbies aren't that strong to hold in times of crisis knowing that they still in doubts of Bitcoin's capability and also with the market. With those instances, it contributed declining in price.

We were once like those newbies too before until we saw what bitcoin could do with our own clear eyes and that experience has still not left our picture which is why you see many investor now keep putting money into bitcoin, because they know the regret that they had then when they had chance to buy bitcoin and din buy it.

Most crashing that you see is probably newbies just dumping those coins out of fear because existing investors has seen too much, they have heard too much to be decided easily by these people that like to carry negative news because of their own personal interests.  Though we still have old investors that are not also string emotionally and those are the ones that use to panic sell anytime there is a bad news about cryptocurrency.

You are right! Weve been once a newbie before and later on we do able to experience and know on how this market moves and I do agree to the point  that even experienced ones do really have that kind of emotional problem where they do easily react if there were negative sentiments that floating around which in result on panic sell.
Fear can really cause dump and we have seen countless time on how this thing do happen.Weve seen false news or fuds after all the years weve been through to this market that's why anytime theres one pops out I don't care too much unless if there were strong prove out that it did happen then I might consider on looking it out.

[crzy]

You cant see bitcoin recovered so fast just like before. Im thinking that bitcoin already had a stable bottom price which is 9000$.

We can only allude to that because it is not a bullish year for bitcoin because bitcoin is the fastest recovering coin. In 2017, it was proven when price dropped from $7,500 to around $5,000 and the recovery rate was very fast .

We must see a more good recovery from now on so we can see a good future with bitcoin. Its been a while since the last pump and the market is already used to the dump level. The fear created the big impact in the market condition, a lot of fears are influenced by the negative news around the world.

[Barbut]

You cant see bitcoin recovered so fast just like before. Im thinking that bitcoin already had a stable bottom price which is 9000$.

We can only allude to that because it is not a bullish year for bitcoin because bitcoin is the fastest recovering coin. In 2017, it was proven when price dropped from $7,500 to around $5,000 and the recovery rate was very fast .

We must see a more good recovery from now on so we can see a good future with bitcoin. Its been a while since the last pump and the market is already used to the dump level. The fear created the big impact in the market condition, a lot of fears are influenced by the negative news around the world.

Price was under $10k, now it`s over, for people who trade this must be great times, the price makes these nice fluctuations for them. I don`t think that fear has anything with a price drop, it`s just current market conditions, supply & demand in the specific time. It`s why we have volatility, a market that never sleeps with more and more players, their actions dictate the price. Negative news are around us all the time, who allows them to take over will make bad moves.

[sana54210]

You cant see bitcoin recovered so fast just like before. Im thinking that bitcoin already had a stable bottom price which is 9000$.

We can only allude to that because it is not a bullish year for bitcoin because bitcoin is the fastest recovering coin. In 2017, it was proven when price dropped from $7,500 to around $5,000 and the recovery rate was very fast .

We must see a more good recovery from now on so we can see a good future with bitcoin. Its been a while since the last pump and the market is already used to the dump level. The fear created the big impact in the market condition, a lot of fears are influenced by the negative news around the world.

Except maybe we have new investor or user of cryptocurrency who is entirely new to the system, I think that they are the ones that can easily panic now, but most of us that has been old in the system, the regret we will ever have is either we feel we should have sold when it went up and then buy back when it became low and that is the mentality of a trader and not that of someone who is going to panicking.

When I see any big dump, I just know that the whales are the ones in work and it does not bother me because I am already use to it, and one thing I know is that they cannot continue to play the game for life, a time will come that their reign will expire and they will no longer be able to manipulate the cryptocurrency market again when we have had some level of stability.

[bitbunnny]

We believe that Bitcoin only has that recovery rate, we already saw that potentiality before that is why people are still giving their strong support even the price goes down dipper. But we can't deny also some newbies aren't that strong to hold in times of crisis knowing that they still in doubts of Bitcoin's capability and also with the market. With those instances, it contributed declining in price.

We were once like those newbies too before until we saw what bitcoin could do with our own clear eyes and that experience has still not left our picture which is why you see many investor now keep putting money into bitcoin, because they know the regret that they had then when they had chance to buy bitcoin and din buy it.

Most crashing that you see is probably newbies just dumping those coins out of fear because existing investors has seen too much, they have heard too much to be decided easily by these people that like to carry negative news because of their own personal interests.  Though we still have old investors that are not also string emotionally and those are the ones that use to panic sell anytime there is a bad news about cryptocurrency.

Exactly, we were all once newbies and didn't know how to cope with Bitcoin. Fear and panic are never good for market and newbies often react exactly like that. And there will always be newbies in the market.
Still I don't think that their fear and panic could just crash the market but this is usuually.domino effect that pulls some more experienced investors too. So it's always a combination of multiple factors.

[Danslip]

We believe that Bitcoin only has that recovery rate, we already saw that potentiality before that is why people are still giving their strong support even the price goes down dipper. But we can't deny also some newbies aren't that strong to hold in times of crisis knowing that they still in doubts of Bitcoin's capability and also with the market. With those instances, it contributed declining in price.

We were once like those newbies too before until we saw what bitcoin could do with our own clear eyes and that experience has still not left our picture which is why you see many investor now keep putting money into bitcoin, because they know the regret that they had then when they had chance to buy bitcoin and din buy it.

Most crashing that you see is probably newbies just dumping those coins out of fear because existing investors has seen too much, they have heard too much to be decided easily by these people that like to carry negative news because of their own personal interests.  Though we still have old investors that are not also string emotionally and those are the ones that use to panic sell anytime there is a bad news about cryptocurrency.

Exactly, we were all once newbies and didn't know how to cope with Bitcoin. Fear and panic are never good for market and newbies often react exactly like that. And there will always be newbies in the market.
Still I don't think that their fear and panic could just crash the market but this is usuually.domino effect that pulls some more experienced investors too. So it's always a combination of multiple factors.

The domino effect is the reason why trends happen in the financial markets. The traders are confused before they accept the critical decision for the open trading positions in case of the bug market movement. Emotional trading has different aspects, some traders add to the losing trades while the experienced traders cut the losing trade. In my opinion, adding winning trades is a best option rather than acceleration the balance melting.

[xvids]

Well surely fear have a huge play for every dump we all know that there are some people who couldn't control their emotions when it comes to trading.
And most of the time their fear would eat them up and this could be the reason of almost every dump,
I mean who doesn't want to secure their money if they think that it would be in a risky spot?

[Capt00]

Well surely fear have a huge play for every dump we all know that there are some people who couldn't control their emotions when it comes to trading.
And most of the time their fear would eat them up and this could be the reason of almost every dump,
I mean who doesn't want to secure their money if they think that it would be in a risky spot?

We live that fear even before and we can't bring it out from us. It is a normal feeling especially when you're not confident with the market. This how it feels when I'd start in crypto, all the fears and worries will waking you up when you hear bad news. But that's all about before, we are in the maturity which we know exactly how crypto works and not just fear could help us to become profitable instead, we must have to conquer such feelings.

[darewaller]

Fear has a bit of relation with the price, back when bitcoin went from 6.5k (back before November 15th 2018) people were really expecting price to go back up to over 10k, it was really a time when everyone was looking at charts and talking with each other and nobody really saw any reason for bitcoin to go down.

However, after that Craig Wright sold a bunch of coins (thousands) however it just dropped it to around 5.6k or just a bit under, it was certainly over 5k when he sold it, yet when the price went down like that everyone got super scared and we all know what happened next, just because one guy sold thousands, price rippled and and went down even more because of the scared people. So it doesn't cause the price to drop at first however it does become a bigger deal if there is already a falling going on.

[lixer]

Sometimes it hurts our economy that we know what bitcoin is capable of doing. I mean we have seen the 20k but I have seen the 3k as well that came after that which means I know what bitcoin do in the big hype bull runs but I also know what it can do when it goes down as well. If you only focus on the hype part of bitcoin than you will not be making any profit during the bear run.

You should always be careful with bitcoin and if you are not than you may end up in the bear run with a whole lot of bags in your hands. That is why I learned to always put up a stop loss in my trades, I may buy bitcoin but if it looks like its dropping than I am out, I am not gonna be one of those people who will wait months until they are back in profit once again.

[Kasabus]

Well surely fear have a huge play for every dump we all know that there are some people who couldn't control their emotions when it comes to trading.
And most of the time their fear would eat them up and this could be the reason of almost every dump,
I mean who doesn't want to secure their money if they think that it would be in a risky spot?

We live that fear even before and we can't bring it out from us. It is a normal feeling especially when you're not confident with the market. This how it feels when I'd start in crypto, all the fears and worries will waking you up when you hear bad news. But that's all about before, we are in the maturity which we know exactly how crypto works and not just fear could help us to become profitable instead, we must have to conquer such feelings.

How it feels bad when we all are in fear and everyone gets in panic. Basically, it will give a huge impact on the market price and obviously it dragging down the price deeply. I'd think this is all controllable and I know we don't want to see the market going down.

The future of crypto is likely depending on us. We would like to see bull run but somehow some of us are holding it up because of their fear and doubts. They only make their self as a hindrance of their success instead, we keep positive and never let been controlled by our emotions.

[beerlover]

How it feels bad when we all are in fear and everyone gets in panic. Basically, it will give a huge impact on the market price and obviously it dragging down the price deeply. I'd think this is all controllable and I know we don't want to see the market going down.

The future of crypto is likely depending on us. We would like to see bull run but somehow some of us are holding it up because of their fear and doubts. They only make their self as a hindrance of their success instead, we keep positive and never let been controlled by our emotions.

I have always said, fear doesn't "cause" the drop, there is a drop and because of that drop people get afraid and panic sell and then price continues to drop. So what we have in our hands is that yes fear does cause price to fall but only after it already starts to drop, which means it doesn't "cause" the drop but it just encourages further drop.

Nobody really understands what fear does or what panic sell is, I see bitcoin price sometimes go down and everyone calls out panic sellers, well yeah some people saw price go down and got scared and sold their coins but what happened that made the price go down and made them scared about it, we should focus on those early reasons not the later furthering of the issue. For some reason those first causes always get away with it and all the blame stays on panic sellers.

[Naida_BR]

Fear has a big role of every dump but not only this Craig drama cause the Fear but also the big whales dumping manipulation will cause lot of Fear for the crypto users. The people will not be afraid of any market event as long as the market is not bleeding.

Whales can partially move the market to one direction or the other.
The dump is enforced totally by fear which is fueled by FUD.
Every time investors see a red market they start to lose and they don't consider their initial stop losses.

[royalfestus]

Craig W. controversial claim was to cause another distraction and has nothing to do with price, though he threaten he could dump the price with size of bitcoin with him. I hope he pays dearly for it even if he cant hand over half of the bitcoin in his possession has ordered by the court, which he also claimed worth $6b. I guess at that point he had to reconsider dropping the claim.