Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: team87 on December 21, 2018, 02:59:32 AM
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I read an article from one of the webs https://smartereum.com/3295/what-will-happen-to-bitcoin-in-2019-bitcoin-price-predictions-2019-bitcoin-price-today-thu-dec-20 /, "A large Bitcoin (BTC) whale was recently seen in crypto verse. According to reports, a whale Bitcoin (BTC) has just transferred Bitcoin (BTC) worth more than $ 250 million. Funds are transferred from Bitcoin addresses that are very a big step like that can have a big effect on the value of a digital currency. "
In your opinion, does this affect the price movement of Bitcoin? ??? I am curious. :-[
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I don't know in detail of that article ...
But it can be sure it will affect the price of bitcoin if the article is read by all major investors ...
Or maybe the article is just nonsense which looking for someone to click on the ads that are in it to get money.
Or maybe the creator of the article is dreaming so that the price of bitcoin returns to the moon because of its declining investment.
I am not good at analyzing ... For me patience is the profit from the destruction of bitcoin
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I'm afraid there will be a flood again, but I'm not sure when it will come and I really don't want that happen too. Bitcoin and the market just recover a little bit, if this dump happen again, all of the market will bleed again in a long time. $250 millions is not a small funds
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According to reports, a whale Bitcoin (BTC) has just transferred Bitcoin (BTC) worth more than $ 250 million. Funds are transferred from Bitcoin addresses that are very a big step like that can have a big effect on the value of a digital currency. "
Transferred in Bitcoin, so that meaning they hold that bitcoin for a long time and at right now they move it to other wallet, that will not influence the price of bitcoin, because before bitcoin dump like at this time, maybe they already buy that coin because I'm not heard buyers in large amount around some months ago ..
But do you know what they will do with that bitcoin? Will they hold it again? Or evem they will sell it? I Think this is really bad news for bitcoin holders, if they sell it that will be make bitcoin fall so far,
And if they buy bitcoin in large amount like that article, that is good news of bitcoin and for the holders
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Was that even verified as a wallet from an individual? Or is it a wallet from a cryptocurrency exchange? It was probably just transferred for security purposes and nothing else.
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A mere transfer of Bitcoin from wallet to wallet can hardly affect the price movement. If you are that curious, why not watch what the owner of that wallet will do in the coming days.
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IF those whale intend to bring those Bitcoin to te market and sell then we all will see a big flood and bleeding of this market for sure. $ 250 millions is not a small money, that amount enough to dump Bitcoin even to under $1xx
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this will be a very good thing, and I strongly believe that in this way or the number of popes coming in will bring an increase in the price of bitcoin.
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I don't know in detail of that article ...
But it can be sure it will affect the price of bitcoin if the article is read by all major investors ...
Or maybe the article is just nonsense which looking for someone to click on the ads that are in it to get money.
Or maybe the creator of the article is dreaming so that the price of bitcoin returns to the moon because of its declining investment.
I am not good at analyzing ... For me patience is the profit from the destruction of bitcoin
Well, it looks like you are a little right. the point is we also have to be careful with every article we read and take the positive side.