BTC Falls 7k$ in 24 hours
2017-12-22, 09:01 PM,
#1
how much it will fall more can anyone guess ...i was buying before btc but thanks for my luck me not yet done buyed it ... now waiting for lowest fall best timing to buy btc ...

suggest guys when should i buy or should buy as soon as it hit 10 k $
Reply
Share This Thread :

2017-12-22, 09:08 PM,
#2
It will be better to know what is the major cause of this drop before deciding to invest during fall period...
Reply
2017-12-22, 10:43 PM,
#3
(2017-12-22, 09:08 PM)Dipsy Wrote: It will be better to know what is the major cause of this drop before deciding to invest during fall period...

There is a rumor about a possible hack attack of North Korea against some South Korean exchange platforms. I don't know if it's true, I haven't researched it personally.

.

My latest thread: 3 to 5 Million US$ revenue



[Image: giphy.gif]

Automate your daily work with Bots!
Then you'll have more time to sleep. ;-)
Reply
2017-12-22, 10:56 PM,
#4
(2017-12-22, 09:01 PM)YalaYolo Wrote: how much it will fall more can anyone guess ...i was buying before btc but thanks for my luck me not yet done buyed it ... now waiting for lowest fall best timing to buy btc ...

suggest guys when should i buy or should buy as soon as it hit 10 k $

I am not sure what you should do, but do check this post
https://www.reddit.com/r/Bitcoin/comment...ecklessly/
https://www.reddit.com/r/Bitcoin/comment...is_simple/
Reply
2017-12-22, 10:57 PM,
#5
[Image: brvbT23.gif]

How low will you go bitcoin

[Image: wF4hTWd.png]
Reply
2017-12-22, 11:00 PM,
#6
I think it is all due to a series of events that triggered this mass sell.

  1. First, was the co-founder of bitcoin.com selling his stakes and said bitcoin is unsustainable or something.
  2. Then the Youbit hack (but I doubt its effect is profound as they are considered a small exchange).
  3. South Korea, one of the countries where major BTC trading occurs, may impose taxes on all capital gains made in cryptos.
  4. Then there's this: https://biglawbusiness.com/bitcoin-crypt...-tax-bill/
  5. Then the news about litecoin founder selling all his litecoins.
1, 4, and 5 are most probable. A small dip in price, sellers start coming in and stop-loss is triggered. Then price begins falling and next thing we know we're skydiving. And I also mention in other posts that there are trading bots and stop-limit orders being automatically triggering sell orders. I saw IOTA's crazy price jump in Bitfinex... it went from $3 down to $2, and down to $0.75 in just a few seconds and it suddenly jumped back up due to someone making huuuuuuuuuuge volume orders.

Tha's just my opinion. It is just a number of events happening all at once in just a few days.

[Image: wF4hTWd.png]
Reply


Related Threads
Thread Author Replies Views Last Post
  [WTB] BTC me can pay via skrill payoneer or wu YalaYolo 8 316 2017-12-21, 12:26 AM
Last Post: HawkEye
  1 btc = 10k usd u still holding ? YalaYolo 5 503 2017-12-02, 12:36 AM
Last Post: CPAGangster
  BTC Wiki & What to Mine? Watt 18 1,120 2017-10-02, 01:23 AM
Last Post: Watt
  Bitcoin price FALLS: Why is bitcoin falling TODAY? LB'Decoy 10 782 2017-09-27, 08:06 PM
Last Post: Wolfy
  Russia's Largest BTC Exchange Owner Arrested mentorcell 10 632 2017-09-17, 01:37 PM
Last Post: acidster





About Us | Contact Us | CPA Elites | Advertise | Stats | Staff Team

© 2013-2018 CPA Elites Ltd
Enhanced by MyBB and WallBB
Return to top