Exact reason for the dump

[TIDOVEE]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

[Last of the V8s]

........ where am I getting it wrong?

you are looking for a reason
other than more sellers than buyers
which is always the only valid reason

move your thread to the 'stupid thread' section trading discussion or econ speculation sections

[mk4]

Please, where am I getting it wrong?

There is no way to know for sure what causes a price rise/drop. It's not like you're required to enter the reasons of why you buy/sell a cryptocurrency when you execute a trade on a certain exchange, right? The dump already happened. Stop wasting your time trying to find out why.

[TMAN]

wrong location - please move the thread, probably best just to put it in the bin

[rhomelmabini]

I've reported your thread or if you really know how to move this as to what Last of the V8s just mentioned then feel free to do so, I won't give you a hint where it is, you should know that as you're a Sr. Member now in this forum.


The wrong you're getting at is you're overloaded with the information I suppose.

[exstasie]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

There is no "exact" reason. That's what most people don't understand about markets. Price discovery is the result of literally billions of variables. If some bad news comes out, will some people sell because of it because they expect lower prices? Sure. There are also a million reasons why other people might be buying at the same time. It's all about supply and demand conditions, not events.

That's why I highly recommend studying TA. It's the most clear cut way to analyze supply and demand for an asset like Bitcoin, which has no financials or similar fundamental data points to analyze.

[1Referee]

and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

That's one big aspect of getting it wrong, lol.

What useful and unbiased information do you think you can get from a news source that 1) doesn't understand Bitcoin, and 2) has been reporting fake news to make Bitcoin look bad.

[samcrypto]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

You are looking for the exact reason where everything is just a speculation and the current dump is still unknown because of so many happenings in cryptoworld for the past days. Don’t depend on any news, if you see the price is dumping then think or analyze whether to buy more or to cut losses. There’s a lot of good forums, news site for this but still use this as your basis and not as a whole.

[ashmodeus]

you are looking for a reason
other than more sellers than buyers
which is always the only valid reason

move your thread to the 'stupid thread' section trading discussion or econ speculation sections

yes , that right ,absolutely right ,
but what OP asked is the reason why , suddenly people have a think  rather than hold it.
there must be a reason for it, and that the point of what OP mean.
idk why people like u still blame people who want to get exact info for what he need.
why amozon dump suddenly,why facebook shares have a massive buy recently, there must be a reason.
rather than simple reason like u say.

........ where am I getting it wrong?

so far i just found binance fake news reason behind it.
and also China’s stern warning targeting digital currency traders make it worsted.
news.

[Ararbermas]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

quick seller's is basically the real reason why market always shows a dump after several pumps its  common now actually because some traders are very skeptical to rely despite of the potential of the market . What i mean they don't have time to understand the circumstances at least they can make profits time on time without further do. Perhaps for them that's the safest way to prevent risky situation.

[bassbity]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

You are looking for the exact reason where everything is just a speculation and the current dump is still unknown because of so many happenings in cryptoworld for the past days. Don’t depend on any news, if you see the price is dumping then think or analyze whether to buy more or to cut losses. There’s a lot of good forums, news site for this but still use this as your basis and not as a whole.

For what are looking for reasons why about the price of dumps like this right you say this is only speculation do not believe too much in any news about this dump, I think the OP should think positively about the future get news of benefits in this forum not with external news that can not discuss.

[Wexnident]

Its because of Bitcoin. Period. Current news affairs affect the mentality of traders which in turn makes them buy and sell depending on their current decision. Long story short, supply and demand. Just trade as you wish, I see no need to determine exact reasons for a pump or a dump after all.

[wildan88]

Hello friends,
I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,
*sometimes it sounds like it is economy regulation.
I have sources of information such as crypto new app, bitcointalk forum and I listen to crypto news once a while on BBC. Please, where am I getting it wrong?

You are looking for the exact reason where everything is just a speculation and the current dump is still unknown because of so many happenings in cryptoworld for the past days. Don’t depend on any news, if you see the price is dumping then think or analyze whether to buy more or to cut losses. There’s a lot of good forums, news site for this but still use this as your basis and not as a whole.

For what are looking for reasons why about the price of dumps like this right you say this is only speculation do not believe too much in any news about this dump, I think the OP should think positively about the future get news of benefits in this forum not with external news that can not discuss.

bitcoin is not only influenced by supply and demand but sometimes the news is a very big influence on the movement of bitcoin, even though most of the news is FUD. I also did not find any specific news about this dump, only saw a few whales dumps, and it is likely that many people panicked with this dump, eventually, many people sell it.

[watergold]

No one is responsible about this dump and it is not done because someone might have a number of causes so that it is a dump and it can't be faulted.
Because this is only speculation so the price of bitcoin cannot be determined by anyone, maybe this is just the effect of the market.
There are no regulations on the whole economy so this is just the FUD news that is widely heard.

[Darooghe]

I have been reading a lot lately about this dump and I am yet to get it clear,
*some times I read things like someone is responsible for the dump.
*sometimes as it the due to the volatile nature of bitcoin or scaling,

I think the rate of manipulation and volatility remain high because people leave BTC on exchanges. if you want to end manipulation and reduce volatility there is a very easy move and withdraw your BTC to your personal wallet. never deposit BTC into an exchange unless you plan to trade it immediately and always withdraw your BTC as soon as you buy it. furthermore leaving BTC on an exchange is pure foolish. while it's there it's not yours, and may not even really exist.

[wajik-tempe]

No one is responsible about this dump and it is not done because someone might have a number of causes so that it is a dump and it can't be faulted.
Because this is only speculation so the price of bitcoin cannot be determined by anyone, maybe this is just the effect of the market.
There are no regulations on the whole economy so this is just the FUD news that is widely heard.

Everyone is surpriced with this dump and there must be a group of whales are planning this because i'ts impossible for people to surprice if no one have responsible for this dump. This is a anual whale strategy to reset the price at the end of they year because they want to buy lower price and ready to pump for next year

[conex]

Hard to pin-point exact reason. News from China regarding fake Binance police raid and goverments regulation on crypto were probably the most influential. Someone also mentioned Black Friday and incoming december holidays... you never know

[Strongkored]

The exact reason why dumps occur only known by the groups that does it, and even if the conditions are dumped I am sure that the group has the right calculation and they benefit.

[Sterbens]

No one is responsible about this dump and it is not done because someone might have a number of causes so that it is a dump and it can't be faulted.
Because this is only speculation so the price of bitcoin cannot be determined by anyone, maybe this is just the effect of the market.
There are no regulations on the whole economy so this is just the FUD news that is widely heard.

Everyone is surpriced with this dump and there must be a group of whales are planning this because i'ts impossible for people to surprice if no one have responsible for this dump. This is a anual whale strategy to reset the price at the end of they year because they want to buy lower price and ready to pump for next year

That could happen because whales are dumping market prices, like last year, the market was red again at the end of the year they caused, maybe now whales already buy millions of bitcoin at the pump next year, why don't we think like that? are we not strong with the price drop, so we can not stand to hold in the long run.

[YuginKadoya]

Volatileness is the answer if there is a sudden dump I think just blame it on cryptocurrencies volatileness, there is no further explanation about the sudden dump because there is no such news that there are hacking and theft that happens regarding an exchange, wallets and all forms of online platforms regarding cryptocurrency, I guess we can not know if this is a dump by many whales because manipulations such as these can not be known, So in my opinion let's just blame it on the volatileness, but volatility is not all just decreasing but sometimes increasing as well, It tends to change without further notice.