Crypto changes.

[Kasabus]

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes

I personally do no think that the rapid fall was due to limited transactions. Rather i say it was due to a high demand for fiat.
When the dump was rampant, there was need for funds from all, that caused panic dumping of bitcoin, while buyers took advantage and lowered prices.

People are saving fiat because in case this pandemic virus will get worsen, they will still be able to provide their basic necessities. Aside from this, big whales are still taking advantage of the crypto market condition making all the prices of coins gets dumped but for sure, few months from now, everythings will be back to normal.

[flagpara]

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes because they have the huge amount of coins holding from the previous analysis still there is a 42% of the coins still not circulating for over two years and this is a cause too why the market price of the cryptocurrency is not good enough again. If you can see the market price of the coin having changes and going up rapidly in just a single day and back to lower price this is because of the whales they are diving into the dip and grabbing the opportunity collect coins as many as they can because the halving will be coming in the next few months and expect that the market price of the coins will back to huge changes.

Few months means huge time, Halving time is next month although I'm not quite sure. That a good point 42 percent coin isn't circulate, but is the point with not pump market. Not circulating means holding which should help to rise price. Did you think, price is getting control  by releasing this 42 percent supply.

[grungelife182]

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes because they have the huge amount of coins holding from the previous analysis still there is a 42% of the coins still not circulating for over two years and this is a cause too why the market price of the cryptocurrency is not good enough again. If you can see the market price of the coin having changes and going up rapidly in just a single day and back to lower price this is because of the whales they are diving into the dip and grabbing the opportunity collect coins as many as they can because the halving will be coming in the next few months and expect that the market price of the coins will back to huge changes.

In a few months, we're going to see a major breakthrough in the world of blockchain security. Ilcoin it is and you can start hodling now!

[Lagduf]

~

Whales aside, we should not forget that bitcoin is not exempted from dumps.
The pandemic shook the world, forced people to rush in for fiats, and investors got in at chance and bought low,

When it comes to bitcoin prices, or altcoins there will always be whales, and theres a saying that states that it is good to buy low, so when you sell high, you will be in great profit.

Dyor, and get your trade basics intact.

It's insane actually.
There were a lot of people panicking already to cash it out to their fiats.
I thought that the panic would just only stay on the buying of needs of people like alcohol and all of the basic commodities, but dang I didn't expect it to reach in here actually, while I expected only the point that there will be panics due to the price fall we got lately.

They needs a lot of foods to be stored and that makes people are also trying to throw anything for fiat to buy more food from the market. When we are facing crisis and people will prefer to hold fiat to be used to buy their daily needs. That's why such a big dump is a usual thing at that time consider so many people think about how to survive.

[michellee]

No one is limiting their trading activities, all they did was just sold their cryptos with the panic that they are going to get locked down for months so they have done this to keep enough money for the expenses in the meanwhile time.

Yes, I agree. They convert their BTC to fiat so that they can use it for buying necessities and pay their bills while they can't go to work. I think holders of BTC and other cryptocurrency know that because of the possible outbreak of the virus in their countries will result to dump the price of it, so they quickly convert it so that they can cut some of possible losses. We just realized again that there are some points that crypto is affected by the current crisis.

So that is lucky for them because they now can have money to buy their daily needs. People are now having difficulty to go to work, and they are staying at homes only without having an income. Luckily, people who work from the internet can still make money, especially for people who trade in the exchanges. But that is not for all people because even people still trade in the crypto market, some of them are difficult to make a profit because they fell difficult to enter the market. That is why the market still hard to predict.

[Natalim]

Corona Virus effect more than 200 country economies  and also effect crypto industry. prices of coins dump quickly its a chance for new users.

The dump is already over, bitcoin is now starting to rise, its' been consistent for 2 days already I guess, and good news is that bitcoin already hit $7000 today. what's next? of course people will expect another pump as most eyes are in crypto now since stocks are falling.

i think crypto industry grow upward quickly.

It's good to see it slowly but having a consistent growth, that way we can avoid seeing another big dump.

[jjigoku]

Corona Virus effect more than 200 country economies  and also effect crypto industry. prices of coins dump quickly its a chance for new users.

The dump is already over, bitcoin is now starting to rise, its' been consistent for 2 days already I guess, and good news is that bitcoin already hit $7000 today. what's next? of course people will expect another pump as most eyes are in crypto now since stocks are falling.

i think crypto industry grow upward quickly.

It's good to see it slowly but having a consistent growth, that way we can avoid seeing another big dump.

I'd call this as 95% accurate info on current bitcoin position in the market.
The only thing I want to add to the perspective - as it was said 200+ countries are affected by virus, their economy too, so why people think bitcoin/crypto should be evaluated apart from other coins/stocks falling?
It is pretty obvious that most of the currencies and stocks are falling drastically, so its not "Crypto changes", but "The World changes, crypto is doing fine"

[TWW]

The dump is already over, bitcoin is now starting to rise, its' been consistent for 2 days already I guess, and good news is that bitcoin already hit $7000 today. what's next? of course people will expect another pump as most eyes are in crypto now since stocks are falling.

Another pump might be when the world economy has begun to improve and the value of world stocks could increase again. some people who have already withdrawn their money from the crypto market may re-adopt when the market situation improves. that moment is the moment where the market will experience a pump.

[Odebowa]

Cryptocurrencies are the future of money. We all say it, and we all believe it. However, that does not make it easier for most people to start using or investing in them. The fact that there are over 2,000 cryptocurrencies currently available to traders and investors makes it even harder to know the best ones to bet your money on.
Investors and traders, especially new market entrants, find it hard to choose the top crypto coins to invest in. This is because the market changes, and different cryptocurrencies peak for various reason, and most especially because of the current pandemic situation

[royalfestus]

it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes
the whales they are diving into the dip and grabbing the opportunity collect coins as many as they can because the halving will be coming in the next few months and expect that the market price of the coins will back to huge changes

The limitation in the market was not created by traders, it was created by the space especially the exchanges and other transaction platform. It was meant to manage the panic and contain the price drop.
Whales are not buying because of halving, to know what influence the big volume exchanges with manipulation will be surprising. If whales plan to manipulate it is mostly done on exchanges and if buying order was already there. It is better to know when to sell

[wingfield_crypto]

    It is true that Bitcoin has had a drastic drop in prices in recent weeks. We can put this price drop on account of the coronavirus pandemic. And the stock exchange market crashed, not just the crypto market. The biggest contribution to this decrease in price is the "whales" that have withdrawn some of their investments, being the main actors of the BTC price. They took advantage of this global problem and found the right time to withdraw their investments and buy again at a lower price.

[#Darren]

I am not surprised that BTC and the whole crypto market has fallen. Look at the stock market, fiat currencies, real estates market. Everything is falling apart besides of toilet paper and masks providers because of this damn virus.

[bearexin]

Maybe it’s the whales, I just can’t tell. What I know is that the market is controlled by demand and supply, so there has been a decrease in the rate of buying and people are more of selling, that’s why the market has dropped. But, the question is what caused people to take such action, why did they start selling their coins? I think the answer to this question is clear – corona virus.

Although there are other things that can be said as well, just like the PlusToken scam, announcement of the quantum computing, and other things. But, covid-19 is the main thing I believe caused this decrease in price.

[carlisle1]

No one is limiting their trading activities, all they did was just sold their cryptos with the panic that they are going to get locked down for months so they have done this to keep enough money for the expenses in the meanwhile time.

and lets not out of the credit those whales that taking advantage of the situations mate because they have big part on this market changes.
But about the panicking public?yeah they contributed also why this happening now and no one can blame people because they need to eat.

I am not surprised that BTC and the whole crypto market has fallen. Look at the stock market, fiat currencies, real estates market. Everything is falling apart besides of toilet paper and masks providers because of this damn virus.

even Oil is not in good position now together with gold and Silver so lets bare with the market.

[Marble777]

actually the fall of the current bitcoin price is not only due to the emergence of the Corona virus, wasn't it before the corona Virus appeared the price of bitcoin has gone down? so, I think the price of cryptoqurrency or btc depends on the demand in the market and this is normal. it's just that it coincides with the corona outbreak so people assume that this all happened because of the corona outbreak.

[Byakuga]

Whatever happens in crypto space won't be the last, it will always make a comeback, bear market, bull market, whales manipulations, we can't escape from these, if we can get used to all this there won't be any disappointments

[darewaller]

It is already above 6.5k again, we are talking about like a small 10% change and that is honestly happens in bitcoin world without corona as well.

We literally raised from 7k to 10k before corona happened, if we consider 7k price as the start right now we are about 3% or so off from the year to date price, a small 3%, we have increased over 20% this year as well, so as you can see there is a huge volatility going around in bitcoin with or without corona, everything affects it, sometimes there is nothing affecting yet still changes, bitcoin just moves up and down without really caring about anything or anybody.

Just be patient and in the end you will definitely get a profit, buy from here if you can, buy lower if you can, and just wait around until it goes back up because it eventually will go back up.

[zaim7413]

Whatever happens in crypto space won't be the last, it will always make a comeback, bear market, bull market, whales manipulations, we can't escape from these, if we can get used to all this there won't be any disappointments

Yes, the things you say do happen often in the crypto room, so everyone should familiarize themselves with things like that and moreover for those who are still crypto beginners, because they are often trapped when the situation is as you say it.

[BlackFor3st]

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes because they have the huge amount of coins holding from the previous analysis still there is a 42% of the coins still not circulating for over two years and this is a cause too why the market price of the cryptocurrency is not good enough again. If you can see the market price of the coin having changes and going up rapidly in just a single day and back to lower price this is because of the whales they are diving into the dip and grabbing the opportunity collect coins as many as they can because the halving will be coming in the next few months and expect that the market price of the coins will back to huge changes.

You have a point, if we cannot follow the flow of the market then we will be losers in the end. The halving is still upcoming but there are many holders that are selling their assets already because of the pandemic or the outbreak that we are currently facing right now.

For small investors, this happening are pretty bad because the market falls pretty bad but for the big whales this is the best opportunity to buy more in lower price and dump it once the market will bounce back again. These kind of scenario is keep on happening base on what I experience because the market behave like this in order to for big whales to profit so it is better if we will just follow whatever the happenings in the market without thinking negative.

[aemma]

Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes because they have the huge amount of coins holding from the previous analysis still there is a 42% of the coins still not circulating for over two years and this is a cause too why the market price of the cryptocurrency is not good enough again. If you can see the market price of the coin having changes and going up rapidly in just a single day and back to lower price this is because of the whales they are diving into the dip and grabbing the opportunity collect coins as many as they can because the halving will be coming in the next few months and expect that the market price of the coins will back to huge changes.

As of then, the price of Bitcoin as well as other coins were falling because of the pandemic, and that's the way I see it, how? Immediately the virus became a world problem, many countries were fast to start a lockdown which lead to the fall of all markets with crypto inclusive, as for crypto, people started selling off to fiat in order to buy things that will sustain them in the lockdown while most converted to stablecoins. This to the best of my understanding is what happened. However, one can't rule out the fact that whales might still have played a role but I think the major cause was as a result of the pandemic. Lastly, just like the title, "crypto changes" the crypto market stood up to the change in a positive way.