BREAKING: Massive Bitcoin Dump Across Exchanges

in #bitcoin7 years ago (edited)

bitcoin-price-down.jpg

Bittrex is following the similar patterns. The relatively small rises are likely large limit buy orders executing on the way down.

Screen Shot 2017-09-02 at 11.23.05 am.png

Ethereum is showing similar dumping signs, with at one point $729,000 worth of ETH being dumped in the space of 5 minutes as seen below. Screen Shot 2017-09-02 at 11.36.54 am.png

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Massive? I mean Bitcoin is due for a correction.

It did look like it was going to be a "Massive" sell off at the time of writing this. Only because it happened so rapidly and was across the 4 exchanges I was watching.

When you consider the tech behind Bitcoin, it isn't that great compared to other crypto's. I'm assuming bitcoin's high price stems from it being the oldest and most well known crypto, with a heap of "get rich quick" stories behind it.

Also it is used as a trading pair on pretty much every exchange and a lot of the time people need BTC in order to trade anything else.

But feel free to correct me if I'm missing something here.

What was the sense in lying about bitcoin faucet a week ago?
Just curious to ask, if there won't be answer I will unfollow you

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Amazing truth. She was so wonderful for revealing that. I'm sure no one had thought of it before. He'll surely make rank for telling his superiors.

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