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Author Topic: Analysis of the causes of bitcoin's fall that is minimized  (Read 157 times)
saltomanx1x (OP)
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July 04, 2021, 05:52:28 AM
 #1

I see a lot of issues circulating on social media about the fall of bitcoin, some think this is a big investor control, some think this is a factor influencing negative issues, so bitcoin plummets.

what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.
Tytanowy Janusz
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July 04, 2021, 06:07:41 AM
 #2

Everything goes up and down. There is not a single asset that grows 0.1% per day and never go back. There is only one reason why BTC dumped - its becuase it pumped hard before. You dont want BTC to dump? You need to stop it from pumping - taking it out from all exchanges and blocking P2P trading - impossible.

"bitcoin plummets"

now - BTC @35k
01.2021 - BTC @20k
01.2020 - BTC @10k
01.2019 - BTC @4k

"fall of bitcoin"
saltomanx1x (OP)
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July 04, 2021, 06:21:17 AM
 #3

Everything goes up and down. There is not a single asset that grows 0.1% per day and never go back. There is only one reason why BTC dumped - its becuase it pumped hard before. You dont want BTC to dump? You need to stop it from pumping - taking it out from all exchanges and blocking P2P trading - impossible.

"bitcoin plummets"

now - BTC @35k
01.2021 - BTC @20k
01.2020 - BTC @10k
01.2019 - BTC @4k

"fall of bitcoin"


time is not possible to restore it and much of its waste is the result of being uncontrolled than before. but recently there has been some news saying that investments have started to reinvest in large amounts, but the chart has not changed at all and the movement is still very slow.
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July 04, 2021, 06:49:51 AM
 #4


it's all fud. there could be some half-truth to what they are saying but it's just half. there are actions done by several individuals who counter these fuds, especially on youtube. they however are only shared by a few and it doesn't reach all major media to propagate. but the price has been good if you just look at the post of Tytanowy Janusz which the BTC price = @35k.









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July 04, 2021, 08:49:18 AM
 #5

Ye no you can't. The market basically moves because of demand and supply, and demand is affected by the personal judgment of people towards the market (Not all, but one part I suppose), and personal isn't really only "one thing". News being FUD is a factor, and really, even if it was FUD for you, it may not necessarily be for others (to my confusion anw). There isn't only one issue, and removing one issue can potentially crop up another one that goes against what others believe, so really, there's no point. The only thing you can actually do is to educate people, but fr, majority of them probably wouldn't even accept it.

R


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July 04, 2021, 10:14:56 AM
 #6

Bitcoin's fall is not only related to some FUDs actually. It is in its nature to fall or rise. Some external factors of course affects the market too. For example, FUDs helping a decrease in the price happen. An increase in the demand helps the price rise sharply. But the main reason is the volatility in the end.

R


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July 04, 2021, 10:56:41 AM
 #7

Everything goes up and down. There is not a single asset that grows 0.1% per day and never go back. There is only one reason why BTC dumped - its becuase it pumped hard before. You dont want BTC to dump? You need to stop it from pumping - taking it out from all exchanges and blocking P2P trading - impossible.

"bitcoin plummets"

now - BTC @35k
01.2021 - BTC @20k
01.2020 - BTC @10k
01.2019 - BTC @4k

"fall of bitcoin"


time is not possible to restore it and much of its waste is the result of being uncontrolled than before. but recently there has been some news saying that investments have started to reinvest in large amounts, but the chart has not changed at all and the movement is still very slow.
It will change soon. You do not need to worry.
Bitcoin needs good momentum to change the movement in a better way.
We just do not know when that will come to the market so. Instead, we are just waiting for that time without doing anything, and maybe we can use it to buy some satoshi and hold it.
Some investors are already moved bought bitcoin a few months ago and they are the same as us, waiting for the time to increase back.

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July 04, 2021, 11:30:21 AM
 #8

I see a lot of issues circulating on social media about the fall of bitcoin, some think this is a big investor control, some think this is a factor influencing negative issues, so bitcoin plummets.

what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.

There is no "big" investor control here. This isn't the stock markets. You can go in on any exchange now and drop 25k btc and it will disappear into the ocean of other traders. Maybe some panic and triggering mass sell off but it always, always rebounds and recovers.

Bitcoin rising because of positive issues people all happy. But Bitcoin drop because of negative issues, why people so angry?Smiley

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July 04, 2021, 11:31:39 AM
 #9

It's the same mechanisms that controll all financial markets. Unfortunately I don't think there is much we can do about it.
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July 04, 2021, 11:53:15 AM
 #10

You dont want BTC to dump? You need to stop it from pumping - taking it out from all exchanges and blocking P2P trading - impossible.

Mm hmm. It's such a simple equation at the end of the day. More people wanting to buy than selling, then price goes up. And the other way round is true. If we're not prepared to take the dumps on the chin, shouldn't be expecting to enjoy the pumps either!

Bitcoin rising because of positive issues people all happy. But Bitcoin drop because of negative issues, why people so angry?Smiley

Not me. I'm in best case, a little nervous during pumps. I always, always, prefer the ultra slow burn on the rise to the top, never been a massive fan of the all-stops-pulled crazy rallies.

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July 04, 2021, 06:51:14 PM
 #11

I see a lot of issues circulating on social media about the fall of bitcoin, some think this is a big investor control, some think this is a factor influencing negative issues, so bitcoin plummets.

what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.
There is nothing to fix, bitcoin is a freely traded asset and this means that if the demand drops then the price has to drop as well, what we are seeing are simple market dynamics, the price on the long term is mostly based on the fundamentals of bitcoin but the short term variations in the price of bitcoin have to do with speculation which is deeply affected by the market sentiment.

The fundamentals of bitcoin did not changed and it can be argued they have improved during the last months and yet the price went down, this was because a very strong FUD campaign was created that attacked bitcoin from all fronts and this scared people away, so keep holding your coins eventually the price of bitcoin will reflect its improved fundamentals and will go up once again.
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July 04, 2021, 07:01:10 PM
 #12

I see a lot of issues circulating on social media about the fall of bitcoin, some think this is a big investor control, some think this is a factor influencing negative issues, so bitcoin plummets.

what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.
Fall of Bitcoin? Seriously? If you were walking up the stairs of a 40 storey building and reach to the 30th storey but come back down to 27th to get some water will it be called fall of Saltomanx1x?? The market phenomenon works this way for almost every share and commodity too, there is a bull run which is followed by a sideways market and then a bear run after which the market consolidates again and starts picking up towards bull run. Every single person who invested a year ago or before that is in enormous profits and those who have recently invested at least wait for your gestation period, why does everyone wants to get rich the very next week with cryptos?
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July 04, 2021, 09:33:40 PM
 #13

Or just ignore the issues at all and focus on accumulation. I don't think this is a 'fall'. Zoom out the charts and see if this is a fall if the basis is coming from the ATH. Yeah, everyone will see it as a fall but look at the better picture. Bitcoin will surely bounce back no matter what negative issues will be thrown at it. It just that there's a few people that don't want to see it cross again the ATH and they create issues because they know how influential they are.

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Hippocrypto
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July 04, 2021, 11:40:23 PM
 #14

I see a lot of issues circulating on social media about the fall of bitcoin, some think this is a big investor control, some think this is a factor influencing negative issues, so bitcoin plummets.

what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.

If you wanted to have peace of mind once you've invested bitcoin during this time of falls, we need to prevent ourselves from hearing and watching negative social media news. Always do a lot of motivational things, listed to predictions and commendations coming from a legit communities. Avoid toxic environment because it's not healthy for us, and FUD should not become our reference as it will not help us grow but rather drag us down.
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July 05, 2021, 02:46:01 AM
 #15

I see a lot of issues circulating on social media about the fall of bitcoin, some think this is a big investor control, some think this is a factor influencing negative issues, so bitcoin plummets.

Their guesses are as good as yours and mine. They are all speculating. Some are even creating FUD out of it. We have the China topic once again dominating the air. But it is all up to you how you make your own assessment of what's happening around and react. As for me, I'm seeing a lot of positive vibes and so I just want to keep hodling.

Quote
what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.

Unfortunately, you cannot get rid of negative issues. They are all part of Bitcoin's market. You just have to weigh which one matters more to you.

The market has always been like this. It doesn't need fixing.
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July 05, 2021, 04:02:28 AM
 #16

You need to understand that if we are in a true bear market then no amount of good news will make Bitcoin go up. Same is true if we are in a bull market that no amount of bad news will make us go down. This is how most of 2014-2015 and 2018 played out. We got good news but price didn’t go up, either went down or traded sideways.

The issue now is mostly the way Bitcoin is mined. And if Tesla is fine with the clean energy mining Bitcoin and accepts it again for their cars? Do you think Bitcoin will go up again? Probably not. Might have a small rally and that’s it.

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July 05, 2021, 08:09:12 AM
 #17

Bitcoin rising because of positive issues people all happy. But Bitcoin drop because of negative issues, why people so angry?Smiley
Not me. I'm in best case, a little nervous during pumps. I always, always, prefer the ultra slow burn on the rise to the top, never been a massive fan of the all-stops-pulled crazy rallies.

I have to admit I do enjoy the pumps a lot, it just makes me excited to see how far it can go and how quickly, but you're right, the faster they tend to pump, the longer it will take to recover when it does go into longterm correction mode. So definitely nice to see this period of activity where the rises are much more slower and I guess this builds a stronger foundation for the future prices.

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bitterguy28
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July 05, 2021, 08:33:13 AM
 #18

Everything goes up and down. There is not a single asset that grows 0.1% per day and never go back. There is only one reason why BTC dumped - its becuase it pumped hard before. You dont want BTC to dump? You need to stop it from pumping - taking it out from all exchanges and blocking P2P trading - impossible.

"bitcoin plummets"

now - BTC @35k
01.2021 - BTC @20k
01.2020 - BTC @10k
01.2019 - BTC @4k

"fall of bitcoin"

Sarcastic post but reasonable to accept  Grin

People keep calling this is a bear market but they don't even review what is the value last year and what is it now.

It's the same mechanisms that controll all financial markets. Unfortunately I don't think there is much we can do about it.
if we will act together ? of course we can do big for this .. Not participating in any dumping while manipulation is at place will surely make them fail in their targets.

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July 05, 2021, 09:00:19 AM
 #19

I see a lot of issues circulating on social media about the fall of bitcoin, some think this is a big investor control, some think this is a factor influencing negative issues, so bitcoin plummets.

It's all speculation, we can't pinpoint the exact reason, so it could be a combination of Elon Musk attack and then the China FUD.

what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.

No one can fix it, let the issues slide normally and let the investors gain their confidence back onto bitcoin. If you have been in crypto space for many years, you are familiar that this kind of trend are going to happen no matter what specially if we have FUD and negative news coming around.
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July 05, 2021, 09:28:27 AM
 #20

what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.
It will bounce soon, you don't need to hurry, market has it's own flow, you can't just force it to go bullish again. There's a lot of traders globally and if they don't agree on the sentiments and trying to fight each other, the market will trade on sideways just like what we are seeing in the last 2 months or so.

But you don't have to worry, yeah as of late, there a lot of new circulating in the media that has some negative effect on the investors, specially noobs who shall we say has been influence and are pushing the sell button because they panic. Just be a strong hand and have patience till the market recovers in the last quarter of this year.
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