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Author Topic: Bitcoin fell again, what conspiracy?  (Read 676 times)
minersday
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October 07, 2019, 02:04:59 AM
 #81

there is no conspiracy in action, it is just momentum. the price broke the very strong buy support at $9k+ and has been going down because of that thanks to a lot of stop loss orders, panic sellers with weak hands, lots of shorts and like always some manipulation.

I'm very surprised that people will see a demand and supply problem or situation of the Bitcoin market and just conclude with a conspiracy story or assumptions.  People don't really understand anything about the entire nature of the Bitcoin market portfolio...
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October 07, 2019, 02:37:51 AM
 #82

It's simple, they just want to buy Bitcoin, and when you buy Bitcoin the smartest way to do it is cheap, that's why the "Shorts".

 Who buys and increases the price would be crazy, because then the price would fall and it would become a loss. They are only hunting "Stops Loss" of many positions and taking advantage of the offer that is in low price levels, after this happens, the price will rise only and effortlessly, it is the Law of Supply-Demand, no conspiracy of any kind, It's Trading.

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ardentvolcanoes
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October 07, 2019, 03:11:08 AM
 #83

there is no conspiracy in action, it is just momentum. the price broke the very strong buy support at $9k+ and has been going down because of that thanks to a lot of stop loss orders, panic sellers with weak hands, lots of shorts and like always some manipulation.

I'm very surprised that people will see a demand and supply problem or situation of the Bitcoin market and just conclude with a conspiracy story or assumptions.  People don't really understand anything about the entire nature of the Bitcoin market portfolio...
Panic holders always find reasons to justify their actions, thinking that from each market movements they need to find things to give a hint to make a decisions.

You don't need to follow them but instead go to the other side and wait for the bounce back, most of the time after certain fall market recover back and bring much better value. You should trust your own observation and worry not to continue surviving inside  this industry.
Astvile
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October 07, 2019, 03:46:02 AM
 #84

It's just a chain effect of the previous downfall we have experienced. Some holders having panicked and sold their bitcoins and that's where the supply and demand kick in. More sell orders we can expect that bitcoins price will go down for sure. There's nothing to be scared about its just a normal day for us.

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cotton ball
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October 07, 2019, 03:52:32 AM
 #85

Conspiracy big investor and company want to make bitcoin dump and panic selling from many people, they take moment to re investing with bitcoin on lower price hold for several week and bitcoin back again to higher, always have conspiracy between investor and company want to make drama with bitcoin.
fullhdpixel
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October 09, 2019, 08:03:52 AM
 #86

Conspiracy big investor and company want to make bitcoin dump and panic selling from many people, they take moment to re investing with bitcoin on lower price hold for several week and bitcoin back again to higher, always have conspiracy between investor and company want to make drama with bitcoin.
It would be foolish of people to actually fall into this type of conspiracy again, two types of conspiracies that many users ought to have leaned by now, is that one that creates panic, and the ones that causes FOMO.

Most people that usually use this panic methods are just whales, they want to crumble the price so that they can get the opportunity to buy at lower price again which they usually do succeed, and after they have bought at lower prices, they tend to pump the coin again for those that will fall for FOMO, so that there can be rush for it to be purchased, thereby leading to an increase for the whales to gain some profit, but I think as a knowledgeable investor, we ought to have really known this and not to be too quick in taking actions without thoroughly studying the market first.

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NathanJB
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October 09, 2019, 10:31:20 AM
 #87

Conspiracy big investor and company want to make bitcoin dump and panic selling from many people, they take moment to re investing with bitcoin on lower price hold for several week and bitcoin back again to higher, always have conspiracy between investor and company want to make drama with bitcoin.
It would be foolish of people to actually fall into this type of conspiracy again, two types of conspiracies that many users ought to have leaned by now, is that one that creates panic, and the ones that causes FOMO.

Most people that usually use this panic methods are just whales, they want to crumble the price so that they can get the opportunity to buy at lower price again which they usually do succeed, and after they have bought at lower prices, they tend to pump the coin again for those that will fall for FOMO, so that there can be rush for it to be purchased, thereby leading to an increase for the whales to gain some profit, but I think as a knowledgeable investor, we ought to have really known this and not to be too quick in taking actions without thoroughly studying the market first.

And the wise reaction is to remain reasonable despite what is happening to the market. Reacting with emotion will only make the picture cloudy and will end up with a bad decision. The problem is that many Bitcoin owners panic when there is a sudden fall. And then they will listen, read, and even believe in the conspiracies created almost immediately following unusual occurrences like that. Which are nothing but hollow stories. By the time there is a recovery, news will shift into a positive tone, and many people are now feeling that there is an upcoming bull run and they will develop fear within themselves and will then buy back with a more expensive price. This is the reason why many are becoming sheep.
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