What's going on?

[karanggatak]

since the beginning of bitcoin and other cryptocurrency is very volatile and the movement of coin prices is always influenced by demand and supply. and this demand and supply can be influenced by FUD and whale manipulation. I think the current dump was indeed manipulated by the pope and also the effect of some coin holders who panicked because they saw the crypto market continue in a red state. and I think the pope is manipulating the market so they can buy bitcoin cheaply before bitcoin is reduced by half in 2020.

[pamsugas]

maybe a group of people want to make a big profit by spreading good news to pump up and then slowly sell it. indeed the bitcoin market is very easy to manipulate. for now I only store bitcoin just not to trade and plan to sell it 2 months before halving bitcoin

[Zackgeno96]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

In financial markets the usual market pattern flows in 3 ways sideways, up or down. The up and the down phase are very quick and happen in short span of time and are either money making opportunities or a lot of money is lost in this time. In the first case of marker going sideways it is the step that goes on for most of the time and is very frustrating for many people having lack of patience and experience.

[barota]

i think everyone should have some patience ; bitcoin now stable and sometime there is little tradets who sell but big drop already end . i hope prices start rising to over level 9000 usd ; for investors start buying again ; dont fear on every fall in prices by 2 percent for example

[carriebee]

This is the result of the unpredictable value of bitcoin, we may see it low and high prices. Some become frustrated with this movement because we're waiting longer to see a bull run to happen. No accurate answer who created this fluctuation so hoping price will surge next year.

[Fatunad]

This is the result of the unpredictable value of bitcoin, we may see it low and high prices. Some become frustrated with this movement because we're waiting longer to see a bull run to happen. No accurate answer who created this fluctuation so hoping price will surge next year.

It only fluctuate because there are traders and it's not because of someone created the fluctuations. It's an open market so expect already a higher volatility of the price because Bitcoin is not a stable coin just like the other cryptocurrency. I think you have to learn and understand how the market really works because this is quite complicated if you stay just like this, you may end up losing more if you don't understand the situation of a cryptocurrency.

[BitHodler]

I think you have to learn and understand how the market really works because this is quite complicated if you stay just like this, you may end up losing more if you don't understand the situation of a cryptocurrency.

It's not even that complicated to understand how this market works. People make it seem to be more complicated than it actually is, which then discourages others to not get into it, which is kinda sad.

One of the main problems is that a lot of people here trade and invest based on the fundamentals of the coins, which is probably the easiest way to lose money because this market doesn't respect fundamentals in the short term.

Are Bitcoin and Ethereum fundamentally worse than they were at their 2017/2018 high because their current price is lower? Hell no. They are way better today than they were back then but the market doesn't care.

[shoreno]

I think you have to learn and understand how the market really works because this is quite complicated if you stay just like this, you may end up losing more if you don't understand the situation of a cryptocurrency.

It's not even that complicated to understand how this market works. People make it seem to be more complicated than it actually is, which then discourages others to not get into it, which is kinda sad.

One of the main problems is that a lot of people here trade and invest based on the fundamentals of the coins, which is probably the easiest way to lose money because this market doesn't respect fundamentals in the short term.

Are Bitcoin and Ethereum fundamentally worse than they were at their 2017/2018 high because their current price is lower? Hell no. They are way better today than they were back then but the market doesn't care.

complicated or not will depend on the people if how he thinks  . it also depend if a people will feel discourage or not  . its not  problem to invest based on the fundamentals of the coin but that is actually the best idea to do when you invest and not just investing blindly based on your instincs or based on how you like or based on how much the price of the coins   . yes btc and eth are worst than compare to the year 2017 but not 2018 is because their prices fell alot  .

[arwin100]

I think you have to learn and understand how the market really works because this is quite complicated if you stay just like this, you may end up losing more if you don't understand the situation of a cryptocurrency.

It's not even that complicated to understand how this market works. People make it seem to be more complicated than it actually is, which then discourages others to not get into it, which is kinda sad.

One of the main problems is that a lot of people here trade and invest based on the fundamentals of the coins, which is probably the easiest way to lose money because this market doesn't respect fundamentals in the short term.

Are Bitcoin and Ethereum fundamentally worse than they were at their 2017/2018 high because their current price is lower? Hell no. They are way better today than they were back then but the market doesn't care.

complicated or not will depend on the people if how he thinks  . it also depend if a people will feel discourage or not  . its not  problem to invest based on the fundamentals of the coin but that is actually the best idea to do when you invest and not just investing blindly based on your instincs or based on how you like or based on how much the price of the coins   . yes btc and eth are worst than compare to the year 2017 but not 2018 is because their prices fell alot  .

People mindset is different since there are people who is new to this things and for sure they didn't experience on what happen on year 2017 - 2019 where great changes happen at that years. That's why we see many confusing judgement maid by them but if they learn the fundamentals and learn on what happen for the span of 3 years for sure we can see more good comments coming these days and more investment will come but maybe these year is a game changer so provably it's best to focus for these days event.

[Hypnosis00]

This is the result of the unpredictable value of bitcoin, we may see it low and high prices. Some become frustrated with this movement because we're waiting longer to see a bull run to happen. No accurate answer who created this fluctuation so hoping price will surge next year.

They become more frustrated because they don't want to understand the market volatility, it comes like that since from the start and such changes have nothing to stop. They were able to open up their minds and accept reality, they could surely think that this is all just of normal/usual cases and nothing to put some blames on market manipulation.
Now, if someone gets frustrated because they are losing till now, I suggest to keep calm and tried to understand how the market works and this will helps to open up their minds.

[Silberman]

That's how the market is been like in its entire existence and as a trader you should know better. Bitcoin market is very known to have a unpredictable market and it moves like almost everyday and if you already have enough exposure to the market you should have known better or you should have known your way around it by now. Manipulation on the other hand is more of not directly, it mostly happens when someone says something about the price or spreading false FUDS and many will panic.

While the volatility of bitcoin is legendary and it has been with it from the very beginning the unpredictability factor is something that is common to all the markets, it has to be, if markets were predictable and you could tell with perfect accuracy what it is going to do regardless of the circumstances then the few people that know that information could extract all the money from the people that do not know that information and I do not know about you but there is not a single person that can do that.

[owengtam09]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

It is always happening and it is because of traders, they buy and sell and both small traders and big traders have still an impact in the market, and for me, it is normal, as what we can see bitcoin still in a downtrend, I don't see bitcoin will still pump this year although there are always possibilities but let's just not expect big anyways.

[alisonwonder]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

It is always happening and it is because of traders, they buy and sell and both small traders and big traders have still an impact in the market, and for me, it is normal, as what we can see bitcoin still in a downtrend, I don't see bitcoin will still pump this year although there are always possibilities but let's just not expect big anyways.

yes I think all of that is normal, especially if we look at the history of what will happen when halving before and after, surely prices will tend to decrease before finally at the pump is quite high.

[SirLancelot]

it is traders who create fluctuations, both large traders and small traders, usually big traders sell or buy bitcoin then followed by other traders so as to create a trend, There are also other factors that can cause trends such as important news or important days.

I agree with your findings about traders having a major role in these daily fluctuations as they can form a community and play accordingly and news does not hold as importance as it did in the past as the effects of news are not seen nowadays. It's the traders who seems to be steering the market.

I think its possible because traders can sell good number of bitcoins, get the market to be bearish and looking at price drop people will obviously sell create a further downward and once they see the price was dropped enough, they will just buy bitcoins and the market will go bullish again. So, it's very much possible that traders can bully the market as per their need and I don't think it's anything wrong with it because different traders have different strategies and you cannot blame someone because they outplayed the small traders completely.

The best way to overcome such market is having patience and knowing that price will once again get up if not now then surely sometime later.

[Capt00]

What's going on with the market as everyday you can see a quick pump or dump which was not the case until last one month? I thought it's done by whales but I don't think they will do it so often. Who is creating these fluctuations and where will this lead us? Bull run or bear market?

It is always happening and it is because of traders, they buy and sell and both small traders and big traders have still an impact in the market, and for me, it is normal, as what we can see bitcoin still in a downtrend, I don't see bitcoin will still pump this year although there are always possibilities but let's just not expect big anyways.

Of course, traders will do buying and selling because that's the way it should be and I don't think that is the mean reason for this. We live in this volatility since before and I don't think we have to wonder why it goes like this every day.
We'll have to understand that the market is played with many market influencers which I believe this a big factor of its change. But I'm not too hopeless to think that we can not see bullish market again.

[bitvalak]

Actually dump and pump activities can be used to take advantage.
Because when there is a pump or dump, the market volatility will be high and the volume will certainly be high.
It's easier to trade during such conditions because the opportunity to get a better profit.

[fullhdpixel]

People probably realized that bitcoin is hard to move, xrp and eth too, probably all coins in the top 50 is very hard to move because all have high volumes. However they realized if they get together and make moves on the small ones (the pump and dump scheme) they could make some money, they don't care about the coin itself, they don't care about what happens to communities they are leaving behind, all they care is their money.

If they want to make money on finance world and they are very small (not whales) the only move they have left is to do shady ups and downs which is why we are seeing a lot of altcoins are going up and down very quickly these days. Bitcoin is a whole another topic, it is not doing anything major at the moment but when it does it does it very quick.

[Yamifoud]

Actually dump and pump activities can be used to take advantage.
Because when there is a pump or dump, the market volatility will be high and the volume will certainly be high.
It's easier to trade during such conditions because the opportunity to get a better profit.

Market volatility is getting strong than I imagine. The more crypto becomes known worldwide, the more it becomes volatile.
And you are right, this fluctuation seems to give an advantage to us and this is a way to make us more profitable than of stable market. And I don't think we need to wonder and asking to put this to an end cause it surely won't happen.

[longyenthanh]

Actually dump and pump activities can be used to take advantage.
Because when there is a pump or dump, the market volatility will be high and the volume will certainly be high.
It's easier to trade during such conditions because the opportunity to get a better profit.

Market volatility is getting strong than I imagine. The more crypto becomes known worldwide, the more it becomes volatile.
And you are right, this fluctuation seems to give an advantage to us and this is a way to make us more profitable than of stable market. And I don't think we need to wonder and asking to put this to an end cause it surely won't happen.

One can take advantage of this volatility sometimes but in the long run it is not good for the crypto market. Bitcoin adoption as main payment system can never be a reality if bitcoin keep moving up and down like that. This volatility needs to be replaced with stability for betterment of crypto market.

[maxreish]

It isn't new. Haven't we seen this scenario last year? The moment we are expecting the bullish market, the opposite thing happens. It's easy to see a pump and dump but we can always dance with the market, considering every dump and pump an opportunity to buy and gain benefits. Don't worry, this bear market I think is the preparation for the big pump next year.