the issue of bitcoin prices
- Thread starter Kho2
- Start date
BTCgrinder
Registered Member
- Jul 18, 2018
- 88
- 22
Seems nothing unusual. Just market cycles. I think it will be over 20k in the next 6 months again.
- Mar 10, 2010
- 42,695
- 107,110
The same as anything else - supply and demand.
BTCgrinder
Registered Member
- Jul 18, 2018
- 88
- 22
Yeah supply and demand and some news stories.
Or if people see a large amount of BTC sent to an exchange they expect it to be sold and it can make the price drop.
Or if people see a large amount of BTC sent to an exchange they expect it to be sold and it can make the price drop.
Demand increas every day , why price getting lower?
- Mar 10, 2010
- 42,695
- 107,110
It does not increase every day... tons of people bail on it on a regular basis.
I think BTC created by CIA to take controll of the world economics, maybe im wrong, but I dont think supply and demand work with BTC.
IG Professor
BANNED
- Feb 22, 2017
- 4,855
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There was a huge DUMP. In the last 3 / 4 days.
There are many conspiracies theories which I personally don't believe in them. Anyways, this theory sounds the most reasonable:
https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/?st=jlli0d4y&sh=d1ef7a9d
There are many conspiracies theories which I personally don't believe in them. Anyways, this theory sounds the most reasonable:
https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/?st=jlli0d4y&sh=d1ef7a9d
BTCgrinder
Registered Member
- Jul 18, 2018
- 88
- 22
Some interesting stuff there thanks. 2011 whales or silk road being mentioned etc.
thevideoguy
Regular Member
- Sep 25, 2017
- 397
- 494
There is no issue with the price of Bitcoin. It's the standard market cycle, and that's it.
No manipulation or other conspiracy (outside of the ways all markets are manipulated by traders/investors). Looking at the charts everything seems pretty normal. Volatility is high as it should be in a market of it's size. Price trend is still bearish which isn't surprising considering the minuscule amount of hype and discussion of crypto in mainstream areas thus not much new money flowing into the crypto markets (definitely not enough to support a change of trend).
Some traders are still managing to make money, and most newbies are getting rekt as they do in these conditions.
The good news is progress is being made on the tech end. Now that money isn't the main focus of all crypto discussions the devs can get back to innovating. It looks like there are lots of crypto ATM businesses that are still expanding their atm networks which is great to see. It's nice that people aren't giving their money to shitty ICO projects and are being more cautious with their investments.
Nothing going on that's hype worthy nor many 'bullish' signs but it's all good
No manipulation or other conspiracy (outside of the ways all markets are manipulated by traders/investors). Looking at the charts everything seems pretty normal. Volatility is high as it should be in a market of it's size. Price trend is still bearish which isn't surprising considering the minuscule amount of hype and discussion of crypto in mainstream areas thus not much new money flowing into the crypto markets (definitely not enough to support a change of trend).
Some traders are still managing to make money, and most newbies are getting rekt as they do in these conditions.
The good news is progress is being made on the tech end. Now that money isn't the main focus of all crypto discussions the devs can get back to innovating. It looks like there are lots of crypto ATM businesses that are still expanding their atm networks which is great to see. It's nice that people aren't giving their money to shitty ICO projects and are being more cautious with their investments.
Nothing going on that's hype worthy nor many 'bullish' signs but it's all good
BottleofWine
BANNED
- May 1, 2018
- 19
- 2
Well it just spiked to 20k usd in iran
ww w.ccn.com/iran-legitimizes-crypto-mining-industry-bi tcoin-price-spikes-to-24000-locally/
Abitrage anyone?
ww w.ccn.com/iran-legitimizes-crypto-mining-industry-bi tcoin-price-spikes-to-24000-locally/
Abitrage anyone?
dotc0m
Elite Member
- Aug 24, 2010
- 2,734
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- Nov 12, 2012
- 1,568
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Thanks for the read, following.
BTW the original address is from : https://www.courtlistener.com/docket/6309656/1/6/kleiman-v-wright/
+ It seems that that address is connected to Silk Road funds as well : https://bitcointalk.org/index.php?topic=310600.0
Some shady stuff.
AnthonyCorleone
Power Member
- May 9, 2013
- 589
- 363
well about 48h when it dropped by 1k in 90min. the news was saying is because Goldman Sachs Group Inc is dropped is trading plans for bitcoin then next day they came out and said is fake news so is going back up now
there's also a wallet thats been inactive since 2014 start showing movement holding over 1k bitcoins https://coingape.com/silk-road-bitcoin-wallet-activates-huge-dump-anticipated/ and is started depositing large amounts to exchange websites which looks like they about to dump them
but then there's also a lot positive news like coinbase working with FTA to bring crypto on stock market and Iran started mining bitcoin which increased price to 24k$ per bitcoin in Iran already
so is all manipulated AF if you ask me this bull is strong and hodl to the moon && lambos bro ayyy
there's also a wallet thats been inactive since 2014 start showing movement holding over 1k bitcoins https://coingape.com/silk-road-bitcoin-wallet-activates-huge-dump-anticipated/ and is started depositing large amounts to exchange websites which looks like they about to dump them
but then there's also a lot positive news like coinbase working with FTA to bring crypto on stock market and Iran started mining bitcoin which increased price to 24k$ per bitcoin in Iran already
so is all manipulated AF if you ask me this bull is strong and hodl to the moon && lambos bro ayyy
Last edited:
subster
Elite Member
- Apr 5, 2008
- 2,157
- 1,608
Which turned out to be fake news
https://www.cnbc.com/2018/09/06/gol...s-of-shutting-down-crypto-desk-fake-news.html
And shows again, you have to move with the big guys instead of always thinking one self is right with his predictions. Trading and investing is not the game of a fortune teller, but of observation and abstraction.