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Author Topic: Why dumping Bitcoin price?  (Read 6149 times)

Offline tervel

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Re: Why dumping Bitcoin price?
« Reply #30 on: May 20, 2021, 08:05:10 AM »
Bitcoin price dropped the crypto market turbulence. While the pioneer cryptocurrency and altcoins suffered a massive crash, gold has risen over 6% since the beginning of May. Institutional investors are now selling Bitcoin in favor of gold. Probably due to the latest world news.

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Re: Why dumping Bitcoin price?
« Reply #30 on: May 20, 2021, 08:05:10 AM »

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Offline shadowdio

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Re: Why dumping Bitcoin price?
« Reply #31 on: May 20, 2021, 02:30:21 PM »
Of course spreading FUD.. First Elon Musk and then I heard that Chinese will ban cryptos, and I think because of this news people starting to panic.. That's why the market is dumping right now..

Offline Evgenklm

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Re: Why dumping Bitcoin price?
« Reply #32 on: May 20, 2021, 03:33:06 PM »
This is a kind of manipulation to buy bitcoin for cheap, this is what Elon Musk does for his own benefit and make money on it, this is already known to everyone, and we will see how the market is already recovering today, and someone has made a good profit on it.
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Re: Why dumping Bitcoin price?
« Reply #33 on: May 20, 2021, 04:56:37 PM »
BTC as well as all the crypto market is manipulated and moved up and down as per the higher Investors, BTC is moving up and down almost $1k on daily basis and only a highly experienced trader can take benefit from this movement.
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Re: Why dumping Bitcoin price?
« Reply #34 on: May 20, 2021, 05:32:26 PM »
Right now we can all see that the price of bitcoin is dumping a lot. What could be the reason behind dumping the price of this bitcoin. Here you can discuss how long it will take for the value of bitcoin to be pumped again.

Basically ups and downs are part of any market and here BTC up ratio in lost 6 months is very high so that  we can not hope it will continue its up ratio. There needs down for market stabilization and i'm happy to see this market correction. BTC now again 42k$ and this mean we no need to worry about this market as there are huge investment came last year. So we can say correction of market not dump.

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Re: Why dumping Bitcoin price?
« Reply #35 on: May 20, 2021, 06:07:00 PM »
Right now we can all see that the price of bitcoin is dumping a lot. What could be the reason behind dumping the price of this bitcoin. Here you can discuss how long it will take for the value of bitcoin to be pumped again.
No one could have imagined that the price of Bitcoin would be dumping so much.But now the price of bitcoin has started to increase a little All other coins have been dumped due to the dumping of bitcoin prices.It is difficult to say what is the main reason behind the fall in the price of Bitcoin
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Offline Laxmi Sharma

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Re: Why dumping Bitcoin price?
« Reply #36 on: May 20, 2021, 08:28:06 PM »
Right now we can all see that the price of bitcoin is dumping a lot. What could be the reason behind dumping the price of this bitcoin. Here you can discuss how long it will take for the value of bitcoin to be pumped again.
In fact, it is very sad that the price of Bitcoin is suddenly dumped in such a way that every coin is being dumped along with Bitcoin.
We had no idea that there would be such a sudden collapse in the market. I don't understand why that is. Anyway, Hopefully, the market will continue to improve gradually.

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Re: Why dumping Bitcoin price?
« Reply #36 on: May 20, 2021, 08:28:06 PM »


Offline Clearman

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Re: Why dumping Bitcoin price?
« Reply #37 on: May 20, 2021, 08:35:02 PM »
A few days ago the price of Bitcoin was much higher but now the price is much lower.  The cryptocurrency market has come down a bit and now the price of bitcoin is being dumped.  Thus, if the price of Bitcoin continues to be dumping for a while, then the cryptocurrency market will come down sharply.


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Re: Why dumping Bitcoin price?
« Reply #39 on: May 21, 2021, 01:41:13 AM »
Everyone who works in cryptocurrency knows that the market is always up and down and the crypto market is never stable. Everyone is worried about the sudden drop in the price of Bitcoin. I think the cryptocurrency market will definitely repeat and what will be $70k. If you look at the market the price of bitcoin is but slowly rising and pumping the price of all other coins as well.
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Re: Why dumping Bitcoin price?
« Reply #40 on: May 21, 2021, 02:36:31 AM »
The dump and pump in the price of Bitcoin and the entire crypto market altcoins is something that we all know of,not to be borthered about,rather making use of it as an opportunity to buy more. Now that this correction is on,those with capital has made some fills up,and awaiting the next bill run. Those who made panic sales are just fibleminded, thinking they are avoiding losses, but on the contrary.

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Re: Why dumping Bitcoin price?
« Reply #41 on: May 21, 2021, 02:54:25 AM »
The price of Bitcoin had been rising for a long time and were not down.According to previous histories after creating all time high A correction had been occurred in the Range 30% to 40%.Some news was also involved in bringing it down.First News was from Elon Mask .He said that he would not accept Btc as a payment mehtod .Due to this news A Fear was created in the market and price dumped. Second news was from china. China Government said that they will ban crypto. All these factors were causes of this down fall.

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Re: Why dumping Bitcoin price?
« Reply #42 on: May 21, 2021, 04:54:23 AM »
I think Elon Musk and China are currently responsible for dumping Bitcoin's market. Elon Musk has given negative feedback about Bitcoin on his official Twitter page. And at that time China banned all forms of cryptocurrency in their country. It is for these two reasons that the value of Bitcoin has become so dumping.
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Re: Why dumping Bitcoin price?
« Reply #43 on: May 21, 2021, 05:54:02 AM »
The price of bitcoin is currently rising little by little. However, the price of Bitcoin is much lower than in the last few days. The price of the famous company Tesla Bitcoin Suspended is falling every moment. Most investors withdraw investments from these coins. Currently, Bitcoin has a tendency to return to its previous state. In other words, the price has increased a lot, but lately the price has come down a lot. Hopefully the market will return to its previous state very soon.

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Re: Why dumping Bitcoin price?
« Reply #44 on: May 21, 2021, 05:00:08 PM »
I think the market for cryptocurrencies fluctuates all the time, sometimes the price of the coin goes up and sometimes it goes down. It is not possible to say why the price of coins in the market is so low. However, the price of bitcoin has come down a lot but now the market has pumped back to almost the previous level. I believe Bitcoin will change the world, including cryptocurrency, in the future.

 

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