eryc_tct (OP)
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November 14, 2019, 06:43:15 AM |
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Yeah maybe bitcoin is unpredictable like some other coins but who knows some probabilties some times come true let's what happens to it since then, can't be that bad if it's still on 8500$ support keep you all updated
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LogitechMouse
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November 14, 2019, 06:46:57 AM |
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What happened last April is crazier than what happened a few days ago ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Up 150 and then down 300 and yet you call it a crazy thing for Bitcoin? I'm watching the price of Bitcoin daily for around 2 years already and I have experienced things like this even in the past. If what happened is pure manipulation then so be it. I don't care with the price movements of Bitcoin in short to mid term since I'm a long term holder of it.
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Shasha80
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November 14, 2019, 07:13:37 AM |
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In my opinion such price movements are still fairly reasonable considering the volatile bitcoin price. So in my opinion bitcoin is still relatively stable now at $ 8600. Maybe the next few days will go up to $ 9,000. If you call bitcoin went crazy, it means that most likely you are still new in the world of cryptocurrency. The price of bitcoin goes up and down the last few days was due to price manipulation by whales to create investor panic. We need to do now just to be patient, especially in a few months there will be a halving bitcoin event. So my advice don't worry too much about bitcoin price movements, it's better to start collecting bitcoin from now on.
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Chemcrier
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November 14, 2019, 07:20:52 AM |
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When you said Bitcoin went crazy, I was envisioning terrible things that had happened to the Blockchain, maybe the Blockchain getting overloaded again and transaction fees going over the roof only to open the post and see that it's all about the price of bitcoin, this shows that we as Cryptocurrency Enthusiasts are still far in mentality from where we should be, by now we all should know that the price of Bitcoin is highly volatile considering the fact that is is always changing every single second so it shouldn't come as a surprise when the price changes because it's normal.
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the rise
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November 14, 2019, 07:47:07 AM |
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What happened last April is crazier than what happened a few days ago ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Up 150 and then down 300 and yet you call it a crazy thing for Bitcoin? I'm watching the price of Bitcoin daily for around 2 years already and I have experienced things like this even in the past. If what happened is pure manipulation then so be it. I don't care with the price movements of Bitcoin in short to mid term since I'm a long term holder of it. they called it a crazy move maybe because they were playing futures at the time, the effect was indeed beneficial and also at the same time made a strong wave of liquidation, it was seen as active manipulation because btc should go back down, analysis that made sense for traders who liked to look at the daily charts only and I think that's natural.
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carriebee
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November 14, 2019, 10:42:46 AM |
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In my view, this is the normal situation of bitcoin that there’s volatility of price. It’s not surprising for many users and the price is really unpredictable and possibly in the coming days there is an increase of the value of bitcoin. If you really observe the movement in the market of bitcoin from the start and the flow you will not be surprised and disgusted.
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goaldigger
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November 14, 2019, 10:47:30 AM |
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Bitcoin did a lot of craziness last past weeks and what my attention went to this last 2 days is Bitcoin pumped and dumped in an expected way what's going on with it?! Just found out on a tweet that it does a madness, you can check out the tweet: https://twitter.com/TechnicalCrypt1/status/1194624162800652288Disgusting BTC making me insecure ! Bitcoin making you insecure on what way? The price pump and dump for the whole year of 2019 and its good to see that we are already beyond $4k level so hodlers already understand the trend of bitcoin. 2 days is just a short period to analyze the whole trend, look for a yearly chart and you will see the flow of bitcoin. I still have my trust on bitcoin, it will hit the moon again so don’t be insecure to those hodlers who always buy at cheap.
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buwaytress
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November 14, 2019, 10:51:35 AM |
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The thing is, this range is where the least resistance is found, the thinnest pages of the orderbook are all in this range up to 10k, which is why the spikes or the pullbacks look the heaviest right here.
So while the percentage in swings look crazy, volume wise it's not as interesting as sellers and buyers aren't motivated much until the psychological barriers are met.
So, expect more craziness right here.
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eryc_tct (OP)
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November 14, 2019, 01:33:41 PM |
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the new thing is Binance BTC volume monitor alert within last 12 hours binance total btc volume was increased by 2000+ btc that's huge what do you think would happend due to this one?
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eryc_tct (OP)
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November 14, 2019, 03:28:14 PM |
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So much news from binance
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nreal
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November 15, 2019, 02:56:18 AM |
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By the end of October Bitcoin was up 30% in less than 24 hours, which made me feel a lot more surprised than Pumping and dumping a few hundred prices in a few tens of minutes. This has been done many times in the past, it is a manipulation.
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pixie85
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November 15, 2019, 04:12:14 PM |
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This is normal since the introduction of leverage trading. When you could only sell in anticipation of the dump the market was more stable but now every move can trigger an avalanche of bot sales and liquidated shorts. That fast move up and down looked like a short squeeze attempt.
Somebody wanted to liquidate people so he bought a lot of coins to pump the price but it didn't go very far and he saw that and sold everything he bought minutes earlier.
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kryptqnick
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November 15, 2019, 04:35:33 PM |
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Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys
It's almost the end of the 15th of November in Europe. So far, nothing special, just a slight drop in the price. And as for the op's concerns about the 12th of November, it was also a rather minor price drop (5%), in my opinion, so I don't see how a person could lose a lot because of it or even start worrying. It was a fairly small price fluctuation, such kind of stuff happens all the time. So op, if you don't feel well when the price decreases by 5%, perhaps this market is just not the right thing for you. There are way more stable investment options. Like gold, for example. Bitcoin is volatile and risky, and its primary purpose is not even being an investment opportunity.
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pundit
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November 15, 2019, 04:45:00 PM |
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Bitcoin is a volatile currency and it is known for its volatility. Movement of 100-300$ is very common in Bitcoin. I do not find it crazy. If you go back to Nov 2017 when Bitcoin was trading at around $1400, it slipped to $1000 in a single day. Now Bitcoin is trading at $8000+ and such movement is not something crazy. Bitcoin is trading a range for past many months, it needs to break the range till then its price going up and down will be common.
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Aikidoka
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November 15, 2019, 04:53:57 PM |
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In my view, this is the normal situation of bitcoin that there’s volatility of price. It’s not surprising for many users and the price is really unpredictable and possibly in the coming days there is an increase of the value of bitcoin. If you really observe the movement in the market of bitcoin from the start and the flow you will not be surprised and disgusted.
That's true, but he was talking about how bitcoin's price dropped the past few days after a good increase to 9.5k$. I think this decrease of price is due mostly because of the whales or because of people are holding their bitcoin currently and they don't use it a lot. However, it could be happening if something wrong with big crypto exchanges like binance, poloneix, yobit or any other crytpo exchange market.
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error08
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November 15, 2019, 05:06:35 PM |
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Yeah, it's normal in the bitcoin market. If bitcoin price suddenly spikes up to $1000 within minutes, then drop $2000 in the next hour, that's something crazy for the current market. It happened a few times but takes a few hours to raise $1000 and takes longer to drop as much $2000. The only reason it happens because something big is coming, whether a good thing or a bad thing for the community.
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eryc_tct (OP)
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November 15, 2019, 09:35:11 PM |
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I guess the leaked news was that bad that btc dumped hard to day major support 8000$ watch out
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eryc_tct (OP)
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November 16, 2019, 10:44:55 AM |
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BTC 8500 again
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jets567
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November 16, 2019, 11:31:23 AM |
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Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys
It's already November 16 now and there is no major movement in Bitcoin's price, I admire your bullish perspective but it looks like your source is not reliable. Anyways, I strongly believe that the sudden dump of Bitcoin recently is an attempt of whales to acquire more Bitcoin in cheaper price in preparation of the next bull market.
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wizardofoz113
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November 16, 2019, 12:10:07 PM |
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Something huge will happen on 15 Nov Leaked Info maybe will pump bitcoin watch out guys
Are you trying to promo your own signal group? today is 16/11 and nothing happens and please do not spread such baseless information!
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