20000 pieces of Bitcoin wreck the market sounds annoying

[andycarrol]

the price does not mean it will not rise again, just need a little patience after the pope sells all the bitcoin they have, the market will recover

indeed there is still a possibility to recover prices but no one knows when it happened because the actual price of cryptocurrency is difficult to predict, therefore when you want to start trading then you should be able to use money that might not be too important so when stuck at high prices then can implement long-term trading with the note only buy coins that have a good reputation.

[bison]

the price does not mean it will not rise again, just need a little patience after the pope sells all the bitcoin they have, the market will recover

indeed there is still a possibility to recover prices but no one knows when it happened because the actual price of cryptocurrency is difficult to predict, therefore when you want to start trading then you should be able to use money that might not be too important so when stuck at high prices then can implement long-term trading with the note only buy coins that have a good reputation.

indeed it is very difficult to predict the truth of crypto prices on the market. market growth and decline are fairly dynamic, of course, no one can read the movement of trends that will occur in the future. so far, we have only followed what is happening in the market. when the market shows an increase we become happy, and when it goes down we have to make a strategy quickly.

[gaston castano]

prices will fall because they are sold in large quantities, and when that happens, all analyzes will not be accurate and will deviate.
in fact, it provides advantages and disadvantages, depending on how everyone responds to current market conditions.

[Fatimahcrypto]

The few years I have been in touch with the value of Bitcoin, I know that the market is moved by the forces of demand and supply. This explains why cryptocurrency is said to be highly volatile. Dumping thousands of bitcoin is certainly going to affect the value, but that would be short lived.

[FanEagle]

prices will fall because they are sold in large quantities, and when that happens, all analyzes will not be accurate and will deviate.
in fact, it provides advantages and disadvantages, depending on how everyone responds to current market conditions.

There has been always some confusion about the understanding of how market deciding the value of a commodity; even supply and demand are playing big role in deciding price level of a commodity, the circulating supply (so far mined bitcoins for the case of what we discussing here) is the actual thing we need to consider because total supply is just the number as it is practically not possible to how all the supply to be available for trading against the demand.

So, coinmarketcap and total supply are just number which has nothing to do with current price level for bitcoins. If a whale will be deciding to bump all their stash then bitcoin market will definitely face a huge downfall of price levels. This applies for all trade-able things not just limited to bitcoins.

[ADLANE33]

the price does not mean it will not rise again, just need a little patience after the pope sells all the bitcoin they have, the market will recover

whole investment thing is about a little patience (and crypto is the same).
some news sounds irritating so people decide to leave some coin with losses or little profit taken.
some people just believe in project and won't leave it until it 'll show the results

[beerlover]

12K is not really all that bad for us, it can drop the price when sold all of a sudden but as you can see we are already back. Plus there are not that many people who have too much money to sell, and barely anyone would sell it all at once just to make a profit, the price would drop a lot and they wouldn't be able to get it all. Instead of that they would probably prefer to sell like 500 to 1k a day for 12 days instead, or simply just do it with 100 coins a day for 120 days, even that is better if you are an investor and want the most out of it.

So, 12k wasn't really some whale, it was market crashing and obviously that sometimes happens, we had a 34k sold all at once before and it does hurt the economy but we recover, so no worries there, it even allows you to buy cheaper.

[DrawAthens031]

The present market worth is hopefully better than previous, The investors are stable position now, So don't try to do violence.