Bitcoin fell again, what conspiracy?

[Pab]

Trading is both way up and down short and long
I remember long 1000 K green candles that time nobody was talking about manipulations
i think it is better to consider last dump like a healthy correction and kind of opportunity to enter in bitcoin

[Lmaooo]

I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

Or maybe the bitcoin price got pumped by the whales with the intention to lure people in and then dump the coins.
I know there are lots of theories out the but I think it was an artificial pump since day one. 

[setialovers]

For two consecutive days, Bitcoins fell late at night. There are many rumors on the Internet, some people say that the exchange joint bankers, institutions, a hanging of retail investors. Others say they are preparing for big organizations to come in one after another. But in any case, retail investors are innocent.

If there is a battle of interests, in any market retail investors will always be victims. I don't know because the price of bitcoin is falling but in my opinion we can take advantage of the decline in bitcoin prices by buying it because there is a prediction from experts that the price of bitcoin can reach $ 25k

[rijaljun]

Trading is both way up and down short and long
I remember long 1000 K green candles that time nobody was talking about manipulations
i think it is better to consider last dump like a healthy correction and kind of opportunity to enter in bitcoin

I agree with you, many people want to know why Bitcoin dumped but never want to know what makes it pumped. Pump or dump is very common in trading field but seems like most of traders, no, most of people always want Bitcoin price to keep increasing and they frequently try to connect bearish market with conspiracy or manipulation.

[joshv06]

I made a quick pattern analysis and found these

Through 15 January 2017 and 15 November 2018 which makes 11 months, btc dropped from 12k to 6500.
Through 15 November and 15 December 2018 which is a month, it dropped from 6500 to 3100 ish that is a 50% correction.

Now lets come to today
through 20 June to 20 September in 3 months, 14k to 10k
so, this pattern, if applicable, a faster version of above, we may see a 50% correction again in 1/11 of the above
so, 3 ish months/11 is around 9 days. We may see a correction to 5k in 9 days. after this correction, we, again, might see a climb to higher than 14k.
 
surely there are other factors that should be checked but this is only for a same pattern.

This seems to illogical in my view and I don't believe the last thing will happen as we are almost in the last quarter now and BTC is dropping again which is not a good sign of betterment at all. BTC Investors are desperately waiting for a right time to sell their holdings for a good return but anything can happen because BTC is volatile.

[whtchocla7e]

I think this price reduction is related to the trade war between the US, China and the countries concerned. In my opinion, this is a good sign for new investors to enter this market. The value of BTC will increase sharply in the near future, very soon.

[Deborah Christine]

I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

I disagree if it is said that the decline in the price of bitcoin is due to trade war between U.S with China. A trade war has been going on for almost two years. And I don't see any connection between trade war and the current decline in the price of bitcoin. Bitcoin prices are moving lower due to the absence of positive sentiment that lifted prices.

[Experia]

Why does people's mind set to make doubt on a normal situation? From 10k mark down to 8k there is already a conspiracy? That is volatility and people here should know that. And how you come up with the conclusion that the price always moves at night? There are lots of things to consider and there are lots of people, organization and whoever uses crypto contributes to the movement of it. Dont be alarmed when the price drops because there are also people who are waiting for this moment for them to buy.

[pawanjain]

I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

dollar trade wars been going on for decades, centuries even, weak economy been going on since 2008... come on atleast try a bit better and stay relevant to this year

how about all those futures options that expired last year, people put into another yearly contract which they are now closing those contracts.(meaning something relevant to the last 12 months)

how about all those hashrate chatter causing people to panic because its not supporting a good bottom floor value line support(2 month floor puts btc at a ~$7k cost to mine).. in short the $10k price was inflated/bubble and not 'good value'

how about people now trying to register with brokers to use things like bakkt instead of buying direct thus less buyers and more sellers on the exchanges.

anyways. if you want to stick to the decade view of causes, here is the best one.
bitcoin has and will always be volatile like a stormy sea. with waves going up and down. dont expect a perpetual tidal wave growing constantly bigger and bigger. dont expect smooth sailing. always expect ups and downs

You just hit the spot mate!
I acknowledge the volatility which is why I am least worried of the current fall in bitcoin's price.
I was just waiting for people to bring out hillarious reasons as to why bitcoin's price would have fallen.
By the way, the 'hashrate chatter' was the most hillarious one for me this year  .

[Miklight88]

why is it that when market or btc fall is why we used to see lots of complain from pple but if it pump then we have lot of positive vibe but every good trader should know that market works in both direction and have to be followed when necessary not thinking its all conspiracy while i even feel that pump is the most conspiracy thing we had seen in market.

[matchi2011]

I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

I disagree if it is said that the decline in the price of bitcoin is due to trade war between U.S with China. A trade war has been going on for almost two years. And I don't see any connection between trade war and the current decline in the price of bitcoin. Bitcoin prices are moving lower due to the absence of positive sentiment that lifted prices.

A routine cycles coming from the whales who have a broader knowledge regarding to this business. It's not related to any trade wars as you mentioned that this issue was been there for almost two years. The relevance of this decline from the whales movements are much closer to possibilities rather than the trade war issue. Big holders after shaking the market will start to buy back and lift the value to rise again without any notice from spectators. hold tight and wait for the time of the bull.

[kentrolla]

I think this price reduction is related to the trade war between the US, China and the countries concerned. In my opinion, this is a good sign for new investors to enter this market. The value of BTC will increase sharply in the near future, very soon.

Come on mate, I disagree with this when it comes to business they bend down their knees and relationship bonds become stronger this might be a manipulation from big whiles to scare panic sellers. Because there are lot of possibilities the market might go Higher in the last quarter as most of them prefer to buy on Christmas season.

[aces777]

I don't think there's an exact conspiracy behind this event. There are a lot of factors that affect the price of bitcoin, and this can either cause it to increase in price, or cause a depreciation. Many believe that one invariable factor that also leads to the fall of Bitcoin is when weak investors sell off their coins maybe as a result of fear, or what not. This will definitely result in an ultimate fall in price. I really do not agree with the idea that the war between China and the US is what is affecting the price.

[jostorres]

I do not believe there is a conspiracy against the cryptocurrencies price.  if the price falls at night it might be a coincidence in a certain time zone.
to be honest I was a little hesitant about this conspiracy theory, because no one was able to prove it with fact.

Well,  that is what will come to the mind of some fast thinkers now, because why is it that all these while, it did not happen, but when bakkt was released and we expected it to do something was when the price crashed deeply and was like the bakkt caused it, which is also why Facebook need to choose the perfect time to get into the market because this could also happen during their own time to just discredit their project, but that is just the believe of some of us anyway.

It might just be a coincidence and maybe it is the usual correction that gives the opportunity to traders and investors to buy at a lower price again, but whatever it is, it is still a blessing to us that we are able to buy cheap again no matter the amount we can buy, Something will still come out of it.

[XCANA]

Personally I don't see conspiracy that brought down the price of bitcoin but, can loudly say that; bitcoin fell because of the bakkt launched platform that has not affected the entire market. This has made many weak hands to sell out under the effluence of panic, and here we are with the price dwindling down.

[Thefrolly]

There are no conspiracies regarding the fall in price of Bitcoin. The market is just unstable at this point, and that's just what it is. It is most like going to spike up again, in a more stable condition. A lot of weak hands are probably just dumping the coin, hence the fall in price. If we could have more hodlers that would really help the market condition right now.

[mazdafunsun]

Why the time of the day is relavent here?
When you have night other places have day.

On topic of conspiracies and speculation on btc price, heard some wild option- BTC fell because of the rumors of quantum computing that it will soon decode btc easily, I personally dont believe in that.

[gunhell16]

For two consecutive days, Bitcoins fell late at night. There are many rumors on the Internet, some people say that the exchange joint bankers, institutions, a hanging of retail investors. Others say they are preparing for big organizations to come in one after another. But in any case, retail investors are innocent.

what do you think is the reason?
If you are thinking too much i will tell you something.
Every time bitcoin falls a large amount it gaing doubled.
Now! if this will affect you then it is good! you will earn more from this!
As long as BTC is not going up then buy now!

[AmoreJaz]

And then bitcoin increase, is there a conspiracy as well? Lol.

As others have said, the market is full of surprises, one day we panic when we see the price suddenly flash crash and then today we see 3% growth, so is everyone still shock by the price and blame it on conspiracies that the media is trying to picture?

We as crypto enthusiast should isolated those conspiracies or whatever and do think logically.

you got it! lol if every up and down movement will be connected to conspiracy theory, i dont think we will ever go this far. this is just a usual market movement affected by various factors surrounding the crypto community. nothing extraordinary or miraculous event is happening!
 we all know that crypto has very volatile market, so we should not be surprised by this inconsistent price movements.

[Eugenar]

I think one of the causes is the effect of trade war between China and America
and also the global economy is weak

It is very broad when it comes to the factors affecting bitcoin now, what you've said about the trade war between China and America might induce the influence to other traders to sell their bitcoin and to buy altcoins or even cashout. Massive events like these is just one of the factors that we can consider. But right now, we shouldn't be afraid, bakkt's being launched will be a big factor for bitcoin to bounce back and turn the table in its favor again.