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Raja Singa (OP)
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May 10, 2020, 08:12:19 PM |
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   Halving Bitcoin keeps approaching. But the iceberg has melted. I see someone throwing away large amounts of Bitcoin. They sell to the lowest prices. Are there lions that are afraid of donkeys? Because this is not done by people who have thin wallets. Maybe the whale wants to dive to the bottom of the sea. I sleep a day, when I wake up, the sea has turned red. Could this be alright after halving happened?
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bigcash2011
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May 10, 2020, 08:18:58 PM |
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Do not worry it is just the profit taking from big miners who were accumulating btc from last few months to cashout in profit, if tou know the future value and are in for long run do not panic with these dumps market will boom and we all know that halving has super bullish effect on the market just wait for a few months and you will see.
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FLHippy
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May 10, 2020, 08:23:53 PM |
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It was predetermined that the price would fall before the halving, mass media pushed price up, newcomers come, but whales withdraw their profit, newcomers started to panic and we are where we were.  |
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tycsols
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Activity: 812
Merit: 10
BountyMarketCap
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May 10, 2020, 08:27:48 PM |
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Bitcoin has all the potential to move back and i will consider this as a correction and i think the overall trend will remain and continue. Yes there is market manipulation by big whales because they take profit whenever they can, so do not forget that after the dip they will enter the market again that will create a bounce and probably market will be back up, i am not bothered by this dump as i am in for long run.
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Raja Singa (OP)
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May 10, 2020, 08:29:22 PM |
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Do not worry it is just the profit taking from big miners who were accumulating btc from last few months to cashout in profit, if tou know the future value and are in for long run do not panic with these dumps market will boom and we all know that halving has super bullish effect on the market just wait for a few months and you will see.
Yes, it might be bullish after halving occurs. But this is really crazy. See today's chart. How could prices fall without stairs. What are they doing? |
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kingzpro
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DIFX - Digital Finacial Exchange
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May 10, 2020, 08:36:16 PM |
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I do not know why we still worry about these dumps as we have already seen them a million times and we know that these are temporary especially if you understand the limited supply and deflationary model of btc and most of the crypto coins you will know that they are designed to grow in value over time, so i will suggest you to stay positive and just HODL.
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bitmover
Legendary
 Online
Activity: 2478
Merit: 6311
bitcoindata.science
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May 10, 2020, 08:41:27 PM |
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Could this be alright after halving happened?
There are two big famous citations in investing world: "Buy the rumor, sell the news" "Buy the rumor, sell the fact" Halving was already priced in before it happens (rumor). When it happened, i.e, the fact, whales just sold out. This is very common in investments of any asset. |
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Ifra24
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jalannya dipotong sama orang
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May 10, 2020, 08:58:36 PM |
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You need to see the history of approaching halving. Will the pump, then dump approaches halving and afterwards, then rises. High totality becomes a moment to make profit. But this is very risky if you are not ready.
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JeffBrad12
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May 10, 2020, 09:06:35 PM |
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I may think after the halving will have done tomorrow and then you will see even a deeper rate than this time. Bitcoin has already failed to break 10k rate and that means it has proobability to go back again to the 6k.
One of the bitcfoin whales has been giving the signal about the dump and probably they will sell caused by the news and it must be after the halving will have done.
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cytpoway121
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May 10, 2020, 09:51:28 PM |
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There are so many stories and analysis about what will happen when bitcoin eventually halves this year, and believe me i see all those analysis as a joke.
The bitcoin halving in few hours will bring about events that the space has never witnessed or experienced before, everyone should brace theirself up for which ever happens first, cos that's what matters.
Do your own research though
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Rengga Jati
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May 10, 2020, 11:34:14 PM |
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Are there lions that are afraid of donkeys?
Because this is not done by people who have thin wallets.
Nope, the lion will not be afraid so easily to the donkey. There must be a certain strategy done by the lion. In this case, related to the condition of the market of BTC currently, the whales who throw the BTC in the dipping price don't mean that they really need cash for their life. No, they are not kind of people. They must have a certain strategy, for example making the panic market to make the small trader or investor panic sell at the down price, Of course, it can happen so easily because most of them hold the market. They have many BTC, they are not too difficult to control the price in the market. Selling at the down price can lead to the others following. Then, they will make a net on the dip, gaining many BTC at a cheap price. then, after BTC halving (even some months or later), the price will go up, boom. Could this be alright after halving happened?
Be calm, the halving is still 1 day 3 hours and more. Many price predictions are available in the crypto world. However, whatever and whichever that you believe, never be panic. Panic sell only will make you lose your funds and profits. Be sure that you will be more patient and waiting for the market recovery again. Who knows that the market will be green soon only in one day? Everything can happen. So, never panic. |
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mahilchii
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May 11, 2020, 04:33:12 AM |
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I may think after the halving will have done tomorrow and then you will see even a deeper rate than this time. Bitcoin has already failed to break 10k rate and that means it has proobability to go back again to the 6k.
One of the bitcfoin whales has been giving the signal about the dump and probably they will sell caused by the news and it must be after the halving will have done.
Yes, even I saw that I an article stating big whales are planning a massive dump and I am really bothered after reading that. It looks like the price will go down after halving people should avoid panic sell at this time and wait patiently. I am holding my nerves and I will be waiting for my day hopefully there will be a positive trend tomorrow.. |
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Dhoe
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May 11, 2020, 04:39:51 AM |
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If you have enjoyed Halving in previous years, then you will find the same rhythm like this, So we don't need to panic with the current price drop, Because we will see after Halving the price of Bitcoin will increase drastically like in the previous year. I believe that will happen again.
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imstillthebest
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May 11, 2020, 04:48:37 AM |
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the way you use animals and nature on your sentence is cool but anway halving is not yet started so why worry ? we still have almost a day to see the actual result if the price were dump or pump . selling to the lowest price is a crazy idea but maybe those people accumulated btc when it was cheap so selling right now is still a better choice . those people are only afraid that halving might dump the price more but there are peeps that still accumulate btc right now knowing that price were dumped than yesterday
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Saisher
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May 11, 2020, 06:01:13 AM |
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I expect this to happen it's miners last day to make a profit before they pack up their mining rigs, they are selling some of the coins they've accumulated, I expect the price to show an increase a month after the halving, by then the industry will feel the impact of a much lesser supply.
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batang_bitcoin
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May 11, 2020, 01:48:48 PM |
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Yes, that's alright right after the halving. Let the whales play their own game because we can't go along with them. They can easily turn the market upside down while taking the quick profits. But, if there is something that bothers you and you think that you can also go along with them, then trade. There is no need to worry if you have been seen how bitcoin moves every after the halving and the cycle that it shows when it just came from a very deep hole.
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minairia3
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Vave.com - Crypto Casino
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May 11, 2020, 01:58:18 PM |
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Its all about manipulation. Supposedly the price of bitcoin should increase right? Concept of demand and supply. During halving, supply gets lower as the reward miners get has been cut by half so it will just depend on the traders how the price will move up. Now I see some hypes coming along during this minutes but of course there are some people bounded by greed too to make the price lower so the demand would be affected in same way a product had been used.
I am not surprise that the price will go up and down and unstable. Cause whales also dont want the market to go up fast without filling up their asset. Bitcoin and even altcoin will pump but there are some who dont want it to happen soon. What could we do thats how whales work.
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Iyeman
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May 11, 2020, 02:01:43 PM |
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If you have enjoyed Halving in previous years, then you will find the same rhythm like this, So we don't need to panic with the current price drop, Because we will see after Halving the price of Bitcoin will increase drastically like in the previous year. I believe that will happen again.
The halving that is happening this will is a little bit different caused by the price action already happened while the last year halving needs almost a year for the price of bitcoin to show its power. That will have the different pattern maybe bitcoin will get gradual increase. |
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Gayong88
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May 11, 2020, 02:19:21 PM |
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The basic principle is that more and more demand for prices increases if there is a small supply. just a process. whether the situation is not necessarily like 2017 we see the development together from this halving moment
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StatesManG
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May 11, 2020, 02:37:07 PM |
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I haven't put any much interest in the upcoming Bitcoin halving. I have said it here sometime last year that nobody should put much expectation on this coming halving. I believe little or nothing will happen when the halving comes because there are so many eyes on bitcoin now with millions of people looking to make quick cash out of the situation. just as the last expected bull market failed, this event wouldn't play any different
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