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Author Topic: why Bitcoin Dumping ?  (Read 1011 times)
peter0425
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February 20, 2023, 02:16:46 AM
 #61

Bitcoin Started Dumping again  
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
why not update your thread here and post ( WHY BITCOIN PUMPING?)

this is the problem from your FUD delivering ,  because you love posting when the price is dumping but when there are pumps? you denied putting your question.

why Bitcoin Dumping  ?

Maybe the China ban is affecting price?

China’s central bank said all cryptocurrency-related transactions are illegal
https://bitcointalk.org/index.php?topic=5361687.0

Berkshire’s Charlie Munger Praises China for Banning ‘Worthless’ Bitcoin
https://www.barrons.com/articles/berkshire-charlie-munger-bitcoin-crypto-7f07ee72
mate , Bitcoin now is climbing and this post stands when the price dumps bad last week.









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February 20, 2023, 02:29:55 AM
 #62

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
since it is according to you , then why we need to tackle this here in your thread?  and also according to you then prove us you are correct .
never ask us because it seems that you already has Idea and belief of what would come to bitcoin.
___________________________________________

Bitcoin will not drop that low again , instead like what we have today and since yesterday?  bitcoin will climb 25k and up this February .

This could be a question that already has its own answer and will never be rolled back with all the answers in this thread. This only looks at everyone's ideas from the questions that are given to all of us. So Bitcoin isn't going to be that easy it's going to turn out really bad going forward. a lot has yet to happen for Bitcoin to decline.
That is what I've said , and that there is no need to be asked here because it is answerable depending to how they believe in like OP that he Knows what the answer here.
and I will stand firm in my post , that bitcoin will not drop that low no matter what happened because the market is now shows strong hold in this momentum .

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February 20, 2023, 05:03:53 AM
 #63

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

Many people panic and sell bitcoin when the market is dumping, if we are used to investing or daily trading bitcoin then dumping is a good opportunity to buy, and this week the price has risen by more than 12%, if we are daily trading, of course we have to know a good moment to buy or sell, but if we make bitcoin for long-term investment then we have the opportunity to get more than 50% profit a year.


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yudi09
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February 20, 2023, 05:33:20 AM
 #64

why Bitcoin Dumping ?

Bitcoin Started Dumping again  
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
OP. Have you found the answer to why Bitcoin dumping?
Your topic was Bitcoin price $17K and you asked why. Now the Bitcoin price has reached a multiple of 2 of the price you questioned. I wonder why?
Then before the price of Bitcoin was $17K, what was the price of Bitcoin many years ago. The question arises again, why?

If the current Bitcoin price is $24,400, don't be surprised when one day the price returns to a multiple of 2 and don't panic when a new ATH price appears. That's Bitcoin.

R


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February 20, 2023, 06:49:46 AM
 #65

Bitcoin Started Dumping again  
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

Many people panic and sell bitcoin when the market is dumping, if we are used to investing or daily trading bitcoin then dumping is a good opportunity to buy, and this week the price has risen by more than 12%, if we are daily trading, of course we have to know a good moment to buy or sell, but if we make bitcoin for long-term investment then we have the opportunity to get more than 50% profit a year.
being panicking is a attitude of a newbie or at least greedy  investors  that wanted to see profit in short time period and with those? i think we will learn in long term
I have been there before and I also knew how much i lose having this character that i learned eventually and not to do it again nowadays .

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February 20, 2023, 07:27:19 AM
 #66

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
since it is according to you , then why we need to tackle this here in your thread?  and also according to you then prove us you are correct .
never ask us because it seems that you already has Idea and belief of what would come to bitcoin.
___________________________________________

Bitcoin will not drop that low again , instead like what we have today and since yesterday?  bitcoin will climb 25k and up this February .

This could be a question that already has its own answer and will never be rolled back with all the answers in this thread. This only looks at everyone's ideas from the questions that are given to all of us. So Bitcoin isn't going to be that easy it's going to turn out really bad going forward. a lot has yet to happen for Bitcoin to decline.
That is what I've said , and that there is no need to be asked here because it is answerable depending to how they believe in like OP that he Knows what the answer here.
and I will stand firm in my post , that bitcoin will not drop that low no matter what happened because the market is now shows strong hold in this momentum .

I have the same prediction as you, bitcoin falling below 17k is very unlikely, but nothing is certain. Let's not forget that we are still in bear season, and black swan events are all very unexpected, so any market crash could send bitcoin below $17k once again. I just hope there won't be any more crashes in the future, bitcoin will never drop below $17k, and we've bottomed out for this bear season. But always have a plan B for yourself because bitcoin is unpredictable.

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February 20, 2023, 09:35:50 AM
 #67

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
Many people panic and sell bitcoin when the market is dumping, if we are used to investing or daily trading bitcoin then dumping is a good opportunity to buy, and this week the price has risen by more than 12%, if we are daily trading, of course we have to know a good moment to buy or sell, but if we make bitcoin for long-term investment then we have the opportunity to get more than 50% profit a year.
We are in 2023 right now, if people still see the price falling and panic sell, then they haven't seen how bitcoin moved in the past 10 years or so. This isn't a secret information neither, you could google the past prices of bitcoin and see that whenever it crashes, it recovers as well. Which means that instead of selling, you should be buying bitcoin because that means you are going to end up with a good profit.

This is of course not an easy task, because people still fear, and fear is not something that goes away quickly. But you could ignore your fear of price going down, with the information of it always recovering eventually and that way make a good profit.

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February 21, 2023, 12:44:57 AM
 #68

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
since it is according to you , then why we need to tackle this here in your thread?  and also according to you then prove us you are correct .
never ask us because it seems that you already has Idea and belief of what would come to bitcoin.
___________________________________________

Bitcoin will not drop that low again , instead like what we have today and since yesterday?  bitcoin will climb 25k and up this February .

This could be a question that already has its own answer and will never be rolled back with all the answers in this thread. This only looks at everyone's ideas from the questions that are given to all of us. So Bitcoin isn't going to be that easy it's going to turn out really bad going forward. a lot has yet to happen for Bitcoin to decline.
That is what I've said , and that there is no need to be asked here because it is answerable depending to how they believe in like OP that he Knows what the answer here.
and I will stand firm in my post , that bitcoin will not drop that low no matter what happened because the market is now shows strong hold in this momentum .

I have the same prediction as you, bitcoin falling below 17k is very unlikely, but nothing is certain. Let's not forget that we are still in bear season, and black swan events are all very unexpected, so any market crash could send bitcoin below $17k once again. I just hope there won't be any more crashes in the future, bitcoin will never drop below $17k, and we've bottomed out for this bear season. But always have a plan B for yourself because bitcoin is unpredictable.
actually , even if it falls down to 17k? who really cares if we are here to let bitcoin stay and serve us in future?
we are only waiting for a couple of years and then we will be having another Halving that surely the effect will be positive and all will prosper? of course not to count those BS greed and not believers totally .

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February 22, 2023, 06:37:03 AM
 #69

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
Many people panic and sell bitcoin when the market is dumping, if we are used to investing or daily trading bitcoin then dumping is a good opportunity to buy, and this week the price has risen by more than 12%, if we are daily trading, of course we have to know a good moment to buy or sell, but if we make bitcoin for long-term investment then we have the opportunity to get more than 50% profit a year.
We are in 2023 right now, if people still see the price falling and panic sell, then they haven't seen how bitcoin moved in the past 10 years or so. This isn't a secret information neither, you could google the past prices of bitcoin and see that whenever it crashes, it recovers as well. Which means that instead of selling, you should be buying bitcoin because that means you are going to end up with a good profit.

This is of course not an easy task, because people still fear, and fear is not something that goes away quickly. But you could ignore your fear of price going down, with the information of it always recovering eventually and that way make a good profit.
True, but what ends up happening is that people see how the price of bitcoin has moved over the years and believe they can take it with no problem, but when they find themselves in a situation in which the price of bitcoin begins to go down they panic, even if deep down they know this is the way bitcoin moves, so those people need to find a way to overcome those fears, and the easiest way to do this is to read more about bitcoin and how no matter how low the price can go it will always recover.
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February 22, 2023, 07:23:19 AM
 #70

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

It's not dump maybe we could call it market correction looking from the last ATH is still on buying position. Presently now is at +23k so I don't think we may see 17k this month again maybe from next month but which I can't say with any assurance concerning the price. It's very hard to detect what may come of next in the entire cryptocurrency market.
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February 22, 2023, 01:11:35 PM
 #71

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?

I am sure that this is another game of copious market players called whales. The market reacts to the decadent mood in the world, to the news of countries, but the strongest influence factor is when rich players enter the market. They easily arrange panic, or euphoria, and the price reduction that we see now is their work. What should we do? Not to sell at the bottom, but on the contrary to buy more there.

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pixie85
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February 22, 2023, 05:12:28 PM
 #72

It's not dump maybe we could call it market correction looking from the last ATH is still on buying position. Presently now is at +23k so I don't think we may see 17k this month again maybe from next month but which I can't say with any assurance concerning the price. It's very hard to detect what may come of next in the entire cryptocurrency market.

Calm down, bitcoin is not doing anything strange or unexpected.

A large part of every bitcoin move is stock traders rushing in by looking at the FED predictions, CPI and all other global factors. They bought some because the FED was looking to slow down their rate hikes and now Biden came  to Ukraine and promised help and Putin threatened with their continuation of nuclear tests, so the war is going to continue, nobody is looking to stop. That's bad for the markets because war means inflation. US stocks were falling for the last 2 days and bitcoin is reacting to this.
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February 24, 2023, 08:12:48 AM
 #73

It's not dump maybe we could call it market correction looking from the last ATH is still on buying position. Presently now is at +23k so I don't think we may see 17k this month again maybe from next month but which I can't say with any assurance concerning the price. It's very hard to detect what may come of next in the entire cryptocurrency market.

Calm down, bitcoin is not doing anything strange or unexpected.

A large part of every bitcoin move is stock traders rushing in by looking at the FED predictions, CPI and all other global factors. They bought some because the FED was looking to slow down their rate hikes and now Biden came  to Ukraine and promised help and Putin threatened with their continuation of nuclear tests, so the war is going to continue, nobody is looking to stop. That's bad for the markets because war means inflation. US stocks were falling for the last 2 days and bitcoin is reacting to this.

Yes and even with those threats and the war is still behind us, the market didn't do something worst, we are still around in the $23k'ish. And so I say that there is no effect on that statement whatsoever.

Maybe others sell and panic, but there are more buyers obviously to make it even right now.

So yeah, we just need to calm down and if we have capital, just continue to buy and accumulate, simply as that.

R


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February 24, 2023, 08:53:46 AM
 #74

It's not dump maybe we could call it market correction looking from the last ATH is still on buying position. Presently now is at +23k so I don't think we may see 17k this month again maybe from next month but which I can't say with any assurance concerning the price. It's very hard to detect what may come of next in the entire cryptocurrency market.

Calm down, bitcoin is not doing anything strange or unexpected.

A large part of every bitcoin move is stock traders rushing in by looking at the FED predictions, CPI and all other global factors. They bought some because the FED was looking to slow down their rate hikes and now Biden came  to Ukraine and promised help and Putin threatened with their continuation of nuclear tests, so the war is going to continue, nobody is looking to stop. That's bad for the markets because war means inflation. US stocks were falling for the last 2 days and bitcoin is reacting to this.


I haven't said anything wrong but if you read very carefully you would understand what I meant, just take a good look at the market today you will understand that the market is not stable in anyway, I don't expect the market to go more dipper looking from the previous ATH you will know is pretty cool time for one to venture into it. Please carefully read my comments.
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February 24, 2023, 01:50:06 PM
 #75

OP. Have you found the answer to why Bitcoin dumping?
Your topic was Bitcoin price $17K and you asked why. Now the Bitcoin price has reached a multiple of 2 of the price you questioned. I wonder why?
Then before the price of Bitcoin was $17K, what was the price of Bitcoin many years ago. The question arises again, why?
Maybe OP only has one question in his head so he can only ask about dumping here and never thought about why the price of Bitcoin could increase at the beginning of the year or when Bitcoin created a new ATH in 2021. Even though OP could find this answer himself by think about why Bitcoin after dumping can increase again so there's no need to bother looking for answers about that one question to many people here even though it's also not wrong to do so.

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If the current Bitcoin price is $24,400, don't be surprised when one day the price returns to a multiple of 2 and don't panic when a new ATH price appears. That's Bitcoin.
Maybe one day he will ask again why Bitcoin can create new ATH again after the price has decreased. But whether you realize it or not, so far I have very rarely found questions about why Bitcoin can go up or increase after a decline has happened to it.

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February 24, 2023, 02:03:20 PM
 #76

All of these possibilities exist. Some of them are very high and maybe due to some whales and trading companies dumping their coins to reduce the price. For me, correction is normal. For BTC, I'm sure it will rebound, the name of the market is that the price will definitely go up and down. You will get know when you trade with a good knowledge .

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February 24, 2023, 02:09:34 PM
Merited by fillippone (2)
 #77


According to me, it will Dump again $17000    am I right?


Bitcoin always gives other people a chance to take their place especially if you want to hold Bitcoin too. This is the future of currency, and it is happening right now. Don't worry! Just hold your coin and follow its movement.

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February 24, 2023, 05:37:10 PM
 #78

Bitcoin Started Dumping again 
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
Bitcoin is dumping because whatever goes up must come down. You don't expect bitcoin to keep going in same upward direction without correction. What you need to do is either you are a short term holder, then study your chart and know when to sell and rebuy. If that would be so difficult for you, simply become a long term holder and forget about the changing prices and be assured of your results on the long run. Bitcoin is cyclical and there's nothing we can do to change its nature.

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February 24, 2023, 06:51:24 PM
 #79

Bitcoin is dumping because whatever goes up must come down. You don't expect bitcoin to keep going in same upward direction without correction. What you need to do is either you are a short term holder, then study your chart and know when to sell and rebuy. If that would be so difficult for you, simply become a long term holder and forget about the changing prices and be assured of your results on the long run. Bitcoin is cyclical and there's nothing we can do to change its nature.
Bitcoin price fluctuations are forever unavoidable making it possible for traders to gain and lose in the short and long term.

Avoiding short-term fluctuations may be better by holding bitcoin longer, but still many traders will consider short-term trading because they are able to master a good trading strategy. As long as they can afford it and make profit, they can trade for the time frame as they want.

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February 24, 2023, 09:20:00 PM
 #80

Bitcoin price fluctuations are forever unavoidable making it possible for traders to gain and lose in the short and long term.

Avoiding short-term fluctuations may be better by holding bitcoin longer, but still many traders will consider short-term trading because they are able to master a good trading strategy. As long as they can afford it and make profit, they can trade for the time frame as they want.
Take advantage of buying and selling prices when market fluctuations are high and price movements change quickly or are not stable, it will not be as profitable as predicted, they can only take short-term profits, but their next entry determines the purchase price must be lower, min. 20% of the take profit price, but if the market doesn't drop again and they don't have time to buy it due to recovery the price is higher and the market will form a new support area to keep the price from falling significantly.

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