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Cinnamon

Mysterious Dumping Crashes Bitcoin Price Below $8,000

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Bitcoin (BTC) was recovering, when its price sank again, this time due to a large-scale selling event. The liquidation of more than 6,000 BTC saw the price sink, remaining at $7,931.35. There is no explanation on why a large-scale BTC owner would liquidate at around $8,026.

https://cryptovest.com/news/mysterious-dumping-crashes-bitcoin-price-below-8000/

I guess if you have enough of anything, you can manipulate it. 

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The one thing I see with crypto trading is there's no patterns it bounces around like a yoyo very unpredictable

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19 minutes ago, Sagd said:

The one thing I see with crypto trading is there's no patterns it bounces around like a yoyo very unpredictable

I guess if you got in, saw it go up and dumped, you'd have been ok.  But when it goes up people don't want to sell they want to hold and then when it goes down, they panic and sell low.  What a racket all of these things are, including the stock market. Like a casino.

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2 hours ago, Cinnamon said:

I guess if you got in, saw it go up and dumped, you'd have been ok.  But when it goes up people don't want to sell they want to hold and then when it goes down, they panic and sell low.  What a racket all of these things are, including the stock market. Like a casino.

well you hit it, was a scam in the beginning and even worse now!!. it is just a legitimate scam, money itself is just another scam as well!! LOL  :D

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i know why :]  expect to see this more and more bitcoin is going to die really soon and its not a setup its alot of investores understanding there are real flaws

 

1 20$+ per trasaction ... if ur visa costed that much to use ud cut it in half

2 speed of transactions up to a hr ... again if ur visa

3 taxation of bitcoin the taxes outweigh the avg profit

4 its becoming imposible to have a real wallet with bitcoins blockchain size over 150 gb it will soon be imposible to have a real wallet on anything other than a pc

5 maby the most significant the discovery of illegal data on the blockchain this means if u have a coppy of the blockchain they can lock ur ass up for crimes that will get u killed on the inside

 

add all that up the writeing is on the wall for bitcoin there dumping slow so they get as much out of it before the collaps the main singnel is when other coins are no longer in sync with bitcoins price

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Truth

 Bitcoin is the future world currency. Get in now and you will make huge earnings if you hodl. 

 

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