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Author Topic: Bitcoin dump unfortunate  (Read 11569 times)

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Re: Bitcoin dump unfortunate
« Reply #30 on: April 28, 2021, 03:51:37 AM »
That is only the beginning for FUD because such FUD does not have a deterrent effect on Bitcoin. And Bitcoin is now going up again in price and all the markets are turning green.
I am also sure that this Bitcoin will have a time where Bitcoin will become very expensive in the future than its current price because the Bitcoin supply is very limited, around 21,000,000.
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Re: Bitcoin dump unfortunate
« Reply #30 on: April 28, 2021, 03:51:37 AM »

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Re: Bitcoin dump unfortunate
« Reply #31 on: April 28, 2021, 06:07:00 AM »
unfortunately bitcoin huge dump. Because USA president Joe Biden said, The one who earns more will pay more tax. But I do not understand, Why is Bitcoin dumping for this? Someone explain it to me, please.
I guess not only about what the President of United States of America said. Maybe the recent deep was due to Elon Musk tweeted that Tesla sold 10% of their Bitcoin but Elon didn't sold any of his Bitcoin. Once big institution will sold some of their Bitcoin particularly Tesla the price may response base on the institution action.
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Re: Bitcoin dump unfortunate
« Reply #32 on: April 28, 2021, 06:13:44 AM »
We know that bitcoin is the best valuable digital crypto in cryptocurrency market. Because we know that it's price stay in high position than others coin.But now-a-days USA president joe Biden said that,The one who earns more will pay more tax.So I believed that unfortunately dump for bitcoin is the main reason to cryptocurrency market.But we believed that gradually it's price will increase day by day,and I also believe that it's popularity will increase.
in terms of price there may still be coins that are more expensive than bitcoin, , but if you look at the market cap, bitcoin so far no one can compete, maybe it is difficult to replace it. even though in crypto nothing is impossible, but maybe this must be realistic too.

All countries may determine something with rules that are made as long as it is profitable for state income and crypto is not disturbed by this, it can instead become a foothold with legal regulations.

Bitcoin will reach its peak at the end of the year if we look at the halving effects that have occurred first and second. now is the third halving and we expect that the halving effect will start moving in Q2-Q3 which will make bitcoin even more pronounced and excited. Currently, the effects of large buying companies and brokers are still there, so the increase is still there.
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Re: Bitcoin dump unfortunate
« Reply #33 on: April 28, 2021, 11:28:14 AM »
I was also a little bit upset about this. I didn't find the exact reason at first later i came to know that this kind of dumping has taken place due to tax assessment. However, I did not find any logical reason for dumping. But we all know that there is a hype in the crypto market. So it has to be acknowledged as a normal occurrence.
It should be assumed that the higher the price of bitcoin, the faster and more painful bitcoin holders will react to any negative news regarding the cryptocurrency. Many still write that states cannot influence the cryptocurrency and stop its development. In practice, we see that this is far from the case. Nevertheless, while the cryptocurrency market is recovering and it is likely that we will see more continuation of the bull run.

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Re: Bitcoin dump unfortunate
« Reply #34 on: April 28, 2021, 11:33:37 AM »
What people need to understand is that neither Bitcoin nor any other coin/token can keep going up in value permanently forever. Corrections, bear markets and cycles are what have brought us to where we are now, which shows that it is a matter of patience to rise in value again. When people learn these simple things, they will have a much better understanding of how the market and the ecosystem work.
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Re: Bitcoin dump unfortunate
« Reply #35 on: April 28, 2021, 07:00:11 PM »
If you look at the Bitcoin market today, you can see that the price of Bitcoin is rising again.Yes, a few days ago the price of Bitcoin was dumped and dropped below 50,000 $ However, as the price of Bitcoin has started to rise, Bitcoin will soon return to its previous position Bitcoin's investment has grown at a higher rate.
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Re: Bitcoin dump unfortunate
« Reply #36 on: April 28, 2021, 07:07:04 PM »
If you look at the Bitcoin market today, you can see that the price of Bitcoin is rising again.Yes, a few days ago the price of Bitcoin was dumped and dropped below 50,000 $ However, as the price of Bitcoin has started to rise, Bitcoin will soon return to its previous position Bitcoin's investment has grown at a higher rate.
of course, the rise in the price of Bitcoin rises in parallel with the increase in the amount of investment in bitcoin. lately, this volume has slightly decreased, but nevertheless, many continue to buy bitcoin, against the background of various forecasts for the future, which speak of a fairly high cost of Bitcoin by the end of this year.

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Re: Bitcoin dump unfortunate
« Reply #36 on: April 28, 2021, 07:07:04 PM »


Offline gabbie2010

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Re: Bitcoin dump unfortunate
« Reply #37 on: April 28, 2021, 08:07:31 PM »
After massive pump in the price of Bitcoin definitely there is going to be a price correction that is exactly what is playing out by the price now, that is why it is always advisable to take profit ie sell at high unfortunately many newbies just hodl and when a massive dump happens they send FUDs and sell thus making the price to dump futhermore to a lower price

Offline Master107

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Re: Bitcoin dump unfortunate
« Reply #38 on: April 29, 2021, 03:34:51 AM »
We worried so much when dump occur without understanding that crypto life cycle is always in up and down with or without FUD and whatever uncertainties from government, media, companies and institutions, and whales. Bitcoin and all cryptos are subject for change which we already know the word "volatile." Along our journey in crypto we witnessed how Bitcoin and altcoins drastically dump and yet at the course of time rise back again. This cycle repeatedly happens from the past, today and the future. We must be stable and have enough patience.

Offline Muneeb22

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Re: Bitcoin dump unfortunate
« Reply #39 on: April 29, 2021, 07:13:20 AM »
Bitcoin dumb just for a short time now it go high and it touches the sky in future when the crypto market is legal in all over the world that time BTC make the $5 million price in the market.

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Offline Anonylz

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Re: Bitcoin dump unfortunate
« Reply #40 on: April 29, 2021, 11:51:35 AM »
We worried so much when dump occur without understanding that crypto life cycle is always in up and down with or without FUD and whatever uncertainties from government, media, companies and institutions, and whales. Bitcoin and all cryptos are subject for change which we already know the word "volatile." Along our journey in crypto we witnessed how Bitcoin and altcoins drastically dump and yet at the course of time rise back again. This cycle repeatedly happens from the past, today and the future. We must be stable and have enough patience.
Totally agree and well said. I believe people shouldn't border so much when there is some sort of price dump in the market and if we have been in the market for some years we should have understand this process and know that until a real bear market is confirmed, corrections will always happen

Offline Rj Manik

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Re: Bitcoin dump unfortunate
« Reply #41 on: April 29, 2021, 12:25:31 PM »
In fact, the price of Bitcoin has been dumping a lot of time. So everyone is blaming the price of Bitcoin for dumping so much. Maybe the US President wanted a tex for cryptocurrency transactions, which is probably why the cryptocurrency market is dumping. But very soon the cryptocurrency market will be pumping.
I think so. US president taxes on cryptocurrency transaction. Thanks for good information.

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Re: Bitcoin dump unfortunate
« Reply #42 on: April 29, 2021, 12:28:42 PM »
There may be many reasons why the price of bitcoin began to fall, so we can only guess what exactly was the reason for the fall of the price of bitcoin, but do not get upset because after the fall there is always pump, but since the bullish trend has already been for a very long time, it is possible right now a bearish trend will begin for many years.
Yes, you are right. Bitcoin havvy dumping sometime without any reason.But sometime dumping cause some reason. that means cryptocurrency aways keeps ups and down.😁😁

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Re: Bitcoin dump unfortunate
« Reply #43 on: April 29, 2021, 03:33:55 PM »
Is there no reason? It reached a peak and people cashed out. That's as good as any reason, I think.

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Re: Bitcoin dump unfortunate
« Reply #44 on: April 29, 2021, 04:14:15 PM »
Cryptocurrency is the rule that one time the price of a coin will go up and another time the price will go down. If the market does not fluctuate, the market will survive. But we should not lose patience. But now there is some dumping position Will go to the pumping position again later InshaAllah. But we can expect that the location of the pumping of this bitcoin up front is certainly not too far away.
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