WHO IS DUMPING BITCOIN!!??

in #mgsc6 years ago

Bitcoin dumping is the main reason we see bitcoin Going 1000 dollars up and down in a day. Bitcoin dumping is done by the the big people having lakhs of bitcoin. They dump 1lakh or more bitcoin in a day at higher price and after dumping price comes down and panic selling gets started among the small investors or beginners
image
So as in chart we can clearly see in red circle how bitcoin got dumped
So these big people called whales dump their bitcoin at high prices and then buy again at low price
And the other big factor is news, whenever a news a being circulated on internet about bitcoin. If the news I bad then again panic selling starts and if it's good buying starts
image

Sort:  

you are absolutly right brother...these big whales manupulate the price of btc and inexperienced investors face heavey losses

Calm, Cool & Relax Bitcoin will bounce

The whales who are creating fuds in the market to manipulate it and they made profit even in this bearish market.

Exactly brother , your point is true upvoted your comment , following you

When #bitcoin will be below $5000 then we can expect bull run in our market.

one's loss is another's profit , this will continue just trade carefully.

@govind99
This time is botcoin buying time because bitcoin check public passion
So bitcoin dump and dump and dump
But dontworry friend dont scary for that bitcoin is pump in short time

Very true, they own the market

We are dumping by panicking everytym

Big Whales are playing Mind Games with Noob Investors.

Panic sellers are in large numbers rather than holders! So it’s difficult to rise up again. But it’ll surely rise up again!

Coin Marketplace

STEEM 0.29
TRX 0.11
JST 0.031
BTC 69590.59
ETH 3887.33
USDT 1.00
SBD 3.73