Polo7 (OP)
Jr. Member
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Activity: 392
Merit: 7
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November 28, 2019, 08:17:54 PM |
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Btc Price is Not showing exactly how big is crypto market Cap really!
Btc Price comes from the buy and sell orders from coinbase/ kraken/ binance... Polo and So... Others.
But it does Not show nothing When crypto is exchanged privately.
So what should be the correct Bitcoin price then? 7000 $ for that Kind of crypto awarness and adoption its very little...
We have so much hype... About crypto like bakkt... Like FED printing money and inflation of FIAT Currency... So much positive news daily, but the btc is Not doing Good!
The hype is bigger then action
WHO is Behind that fake and Missleading news? Those positive news are Missleading If the real results and profit are Not there!!
Yes btc is Techically Good but Price is Not Good
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BitMaxz
Legendary
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Activity: 3430
Merit: 3167
Playbet.io - Crypto Casino and Sportsbook
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November 28, 2019, 09:11:11 PM |
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The news are all theories about the BTC price drop there is no proof yet. Like the other news says "it is because of china why the price drop" but no proof . I believe that news are paid news just to let other people know the situation of Bitcoin price and telling that bitcoin will going to drop more below $5k which is obvious they want to let people sell their holdings before they lose. So that the unknown group who paid for bad news can buy bitcoin at a lower price. This is an old strategy even in marketing that this strategy works just to make their business become trending.
What I think is maybe the unknown group is the one who sold a big amount of BTC to drop the price a bit and then they pay news sites to make an article that the price will drop below $xxxx since the news is spreading too fast other people think to dump BTC before the price will drop more as what I said above.
I don't know who are those unknown group it seems a big group who have a big amount of BTC holdings.
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sunsilk
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November 28, 2019, 09:15:29 PM |
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Many instances the media group doesn't really show the actual happenings in the market and sometimes they're all for the negativity. We don't know, if there's an actual negotiation and they are paid to broadcast it to confuse the public.
The latest example was the said raid of the gov't on Binance Shanghai's office. I think if the author who spread the misinformation about that news will take an example of suing, they'll be more careful of reporting soon.
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pixie85
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November 28, 2019, 10:13:21 PM |
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If you don't believe the price shown on charts and tickers isn't the real one you are free to think of your own and follow it. Smart people have done it long ago by estimating what the price will be when only 1% of people in the world use Bitcoin. The news is being spread by people who are trading futures. Wall street pump and dumpers. The news about Chinese president was fake and had old video from a year ago because somebody wanted to short. It was tweeted by some Chinese woman and everybody started to retweet it because this is how dumb people are. The same was with the news about Raids on Binance. I bet people who were retweeting it were shorting with 10x leverage
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Wexnident
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November 29, 2019, 01:49:03 PM |
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This your first time with the media? The media has never shown the truth of most articles, and are often half-truths and half-lies instead. Plus, the current BTC price shown is dependent on the market itself, and I doubt private traders would stray far off from that price. I mean, why would they buy at a higher price when they can buy it in exchanges with smaller price, or why would they sell at a low price in private, when they can sell at a high price in public, right?
BUT, those private traders do have the ability to change the market, not by being private about trades, but rather about dumping and spreading FUD. They then buy BTC at a low price and then push it towards a bullish trend at the end. We can actually say that they are both the bear and the bull here.
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daarul50
Legendary
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Activity: 1596
Merit: 1034
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November 29, 2019, 04:00:12 PM |
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If you don't believe the price shown on charts and tickers isn't the real one you are free to think of your own and follow it. Smart people have done it long ago by estimating what the price will be when only 1% of people in the world use Bitcoin. The news is being spread by people who are trading futures. Wall street pump and dumpers. The news about Chinese president was fake and had old video from a year ago because somebody wanted to short. It was tweeted by some Chinese woman and everybody started to retweet it because this is how dumb people are. The same was with the news about Raids on Binance. I bet people who were retweeting it were shorting with 10x leverage absolutely. the news that we used to read sometimes most of the times created for the bigger interest, for example as you said those people who want to buy cheap for their future trading project will spend million dollar paying here and there to all the famous media . this is a cheekey way to make money, those people who get used in financial market manipulation will laugh at us now. don't rely on news , combine with some technical analysis and you will find out which one lying and which one telling the truth.
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Mahanton
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November 29, 2019, 04:23:33 PM |
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Many instances the media group doesn't really show the actual happenings in the market and sometimes they're all for the negativity. We don't know, if there's an actual negotiation and they are paid to broadcast it to confuse the public.
The latest example was the said raid of the gov't on Binance Shanghai's office. I think if the author who spread the misinformation about that news will take an example of suing, they'll be more careful of reporting soon.
There would be always a corresponding consequence for those media outlets,writers etc. that do publish out non true or false news into the public yet we know that this would create fud which would affect the market. Well, its not a new thing for this manipulative market which we wont even know or to be aware that we are just been trying to be hooked up into their own plans to drive the market as they like.
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R |
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gentlemand
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Welt Am Draht
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November 29, 2019, 04:43:36 PM |
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The price has got to be agreed on in public somewhere and somehow and the exchanges are where it happens. Hard to think of any other way really.
There is of course a ton more happening out of sight but most of it would be unwilling or unable to show itself in public.
There may be news. That doesn't mean hype and that doesn't mean epic price action. If there was true bullishness in the air it's going to be rather more out in the open than hidden away.
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bitvalak
Sr. Member
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SecureShift.io | Crypto-Exchange
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November 29, 2019, 05:34:42 PM |
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Btc Price is Not showing exactly how big is crypto market Cap really!
Btc Price comes from the buy and sell orders from coinbase/ kraken/ binance... Polo and So... Others.
But it does Not show nothing When crypto is exchanged privately.
So what should be the correct Bitcoin price then? 7000 $ for that Kind of crypto awarness and adoption its very little...
We have so much hype... About crypto like bakkt... Like FED printing money and inflation of FIAT Currency... So much positive news daily, but the btc is Not doing Good!
The hype is bigger then action
WHO is Behind that fake and Missleading news? Those positive news are Missleading If the real results and profit are Not there!!
Yes btc is Techically Good but Price is Not Good
Try not to always prioritize prices, current prices are prices formed by buyers and sellers in the exchange or the market. You will not be able to change it the way you expect it unless you have at least 10% of the total bitcoin available. Bitcoin is an ecosystem, if you can protect the ecosystem the price will improve.
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exstasie
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November 29, 2019, 07:10:18 PM |
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We have so much hype... About crypto like bakkt... Like FED printing money and inflation of FIAT Currency... So much positive news daily, but the btc is Not doing Good! I see no hype. I think you're just searching for anything you can call "good news." The market is in a quiet/dead phase. Bakkt's launch was a flop and despite its moderate growth in volume, nobody is hyping it. Most people also don't see BTC as a hedge against inflation. They view it as a speculative asset. Right now while the market is so dead, the mainstream couldn't be any less interested. I still view this period as similar to early 2016. The pre-hype phase. The calm before the storm.
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harizen
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For support ➡️ help.bc.game
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November 29, 2019, 07:34:13 PM |
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~snipped~
You really need to lurk long here in the crypto world to understand things. Your way of thinking and expectations is too much. Do you really think that with just positive news you are talking about, it can bring bitcoin price up? If that's how easy it is then we are all doomed since it's more predictable and whales can just play with it easily. You need to understand that hype is not enough. Bitcoin price is influenced by lots of factors on which one of them is market demand. No matter how good the news is, or your so-called positive hype, traders or just a simple crypto passerby will not just buy bitcoin for the sake of getting rich in the future. And the current price is not a good price? This is the best entry point to consider for those who able to sold recently. If you are currently losing that's why you bring up that sentiment, have patience. Bitcoin isn't meant to adjust on everyone's expectations about what should be its price. You are the one who needs to adjust.
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Wexlike
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November 29, 2019, 07:51:11 PM |
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It's the most unregulated and radical free market that I can think of. Doesn't it make a ton lot of fun to swim with brutal whales ? Just love the swings.
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figmentofmyass
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November 29, 2019, 08:38:03 PM |
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You need to understand that hype is not enough. Bitcoin price is influenced by lots of factors on which one of them is market demand. No matter how good the news is, or your so-called positive hype, traders or just a simple crypto passerby will not just buy bitcoin for the sake of getting rich in the future. hype is a massive driver of adoption. i see the 2011, 2013, 2017 cycles as recurring gartner hype cycles, each one propelling bitcoin further and further into the mainstream. since bitcoin's circulating supply is so low, these hype cycles mean exponential price increases. the april 2013 bubble is the reason bitcoin got my attention. then i never left. that's how it works. the problem for the OP is it ain't 2017 again yet. we've gotta wait a while for the hype to build back up. 2020 or 2021 seems more like it.
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Hypnosis00
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November 29, 2019, 09:57:34 PM |
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What we could think next year is not really the same as it happens. We may be expecting bullish next year cause of halving effects but it doesn't mean that it shows us instantly. News will always be talking negatively about crypto, this it makes you loosen up your trust and faith to crypto cause in the first and as a part of the crypto community, we better know what is really happening inside and all of these are just misleading news/ FUDs. If you listen to them, it surely will bother you and can't decide the right thing to do.
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rez303
Member
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Activity: 338
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StartFi
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November 30, 2019, 09:31:38 AM |
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Btc Price is Not showing exactly how big is crypto market Cap really!
Btc Price comes from the buy and sell orders from coinbase/ kraken/ binance... Polo and So... Others.
But it does Not show nothing When crypto is exchanged privately.
So what should be the correct Bitcoin price then? 7000 $ for that Kind of crypto awarness and adoption its very little...
I don't think you were right in this regard. People can freely trade and not affect the price of Bitcoin. because all prices are exchanges when received when and only if they are traded on official exchanges. In addition, if it is transferred from one wallet to another because it is different for a certain price then it will certainly not be recorded.
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kapalmabur
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November 30, 2019, 11:35:11 AM |
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What we could think next year is not really the same as it happens. We may be expecting bullish next year cause of halving effects but it doesn't mean that it shows us instantly. News will always be talking negatively about crypto, this it makes you loosen up your trust and faith to crypto cause in the first and as a part of the crypto community, we better know what is really happening inside and all of these are just misleading news/ FUDs. If you listen to them, it surely will bother you and can't decide the right thing to do.
it's normal, if our mentality is not strong enough to face the FUD, I'm sure you will be weak, and you will no longer trade in cryptocurrency, but if you are resistant to FUD you don't need to worry, I'm sure Bitcoin and altcoin will always live
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btc_angela
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November 30, 2019, 12:03:59 PM |
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This is a speculative asset, so obviously there are entities from behind who will do things to manipulate the market and they uses media to spread their intention, whether positive or negative. As for the price, it only shows how much people are willing to buy and sell, which is the trading rule. Again, when we have this kind of market which is free, lots of things can happen which we really don't or can't see, like OTC trading with huge amounts of money involved. Or maybe some whales have the intention to spread fake news to down the market, this is how everything works.
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Japinat
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November 30, 2019, 12:07:48 PM |
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Because CMC can't get the data from private trading or transaction, they only get their source on live and public exchanges. The price that we are seeing now in https://coinmarketcap.com/ may not be the real value of bitcoin, it could be over/under valued but it up to us now on how to analyze to see its real value. That's the challenge man, if you are good with finding values, you might find a good entry to get a cheap price.
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Hippocrypto
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November 30, 2019, 02:07:11 PM |
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This is a speculative asset, so obviously there are entities from behind who will do things to manipulate the market and they uses media to spread their intention, whether positive or negative. As for the price, it only shows how much people are willing to buy and sell, which is the trading rule. Again, when we have this kind of market which is free, lots of things can happen which we really don't or can't see, like OTC trading with huge amounts of money involved. Or maybe some whales have the intention to spread fake news to down the market, this is how everything works.
The dirty tactics is always trying to upheld once there's a good news coming, and these fud makers will always spread negative stories just to bring bitcoin down. Hype will be happening anytime, and when bitcoin price initiates a good trend, there it goes fake news will start to create shout outs to the main stream media. Unfortunately more holders and traders will be driven out, and will be panicked.
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Ahimoth
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November 30, 2019, 03:30:33 PM |
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What we could think next year is not really the same as it happens. We may be expecting bullish next year cause of halving effects but it doesn't mean that it shows us instantly. News will always be talking negatively about crypto, this it makes you loosen up your trust and faith to crypto cause in the first and as a part of the crypto community, we better know what is really happening inside and all of these are just misleading news/ FUDs. If you listen to them, it surely will bother you and can't decide the right thing to do.
it's normal, if our mentality is not strong enough to face the FUD, I'm sure you will be weak, and you will no longer trade in cryptocurrency, but if you are resistant to FUD you don't need to worry, I'm sure Bitcoin and altcoin will always live We can't stop other people to think negatively against fud, because it was still erradicating while bitcoin still tries to recover from the latest dipped price. Most new holders have fears, that's why more affected with the fake news and other related concerns on cryptocurrency's irregularities.
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