Why Bitcoin Fell (My 3 Major Reasons)

in #bitcoin6 years ago


On today’s episode of The Cryptoverse…
If I make a video about anything else today, no one is going to watch it so let’s talk about the most significant move in crypto market prices since the run up to $20,000.

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The only kind of crypto "trust me" that I simply accept. I have followed you long enough to know that if you perceived something wrong, you would tell me. If an hour conversation with knowledgeable friends was the minimum required for them to clearly understand, I'm comfortable with saying that it's not worth laying that out for me. Nonetheless, you provided a site with that information for me to follow if I wish. I don't. Panic looks to be far away in the rearview mirror. When investments have dropped 70 to 90%, it's easier to do nothing and move on to your next stage, "Hope," because if crypto is what I believe it to be, cyclic behavior will return and things will improve.

Great video!

Great overview. The CBOE futures contracts expired on the 14th - didn't this have an impact too?? Think it's only co-incidental that the Bcash war was at the same time and so close to the futures close? So maybe it is sophisticated manipulation!!! I also feel that real despair hasn't been reached yet, or maybe I've just become numb to it all now :-)

Thank goodness you were on discord last night...... 😉..... How do I become able to like the video and be able to leave money like everyone else please?

You just did it lol. You left a comment and got 31 cent reward in crypto :)

Great talk. The jungle is active and all my fears about the Bitcoin Cash Community became true and greatly topped. These self-possessed b*** do not care about the community at large and some of them even threaten to destroy other projects not by better service and products but by power. Do they want to become dictators in crypto? .... As the saying goes, you become what you fight (in hate). Sad. --- We get ready to despair.

Wow thank you for sharing this video. Checking this markets last night was a huge shock to the system. Thank you for breaking it down and providing us with none emotional, scaremongering reasons as to why

No despair here. But, I think I have a longer term vision for crypto than most

Very good episode Chris!

I also believe we are not at the desperation phase. In crypto we are used to see things changing very rapidly and I would think it could take a bit more time for this bear market to finish this time.

Thanks for referring to that video on market manipulation, will definitely take a look at it :)

Cheers mate.

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Next week we will be back at where we were or higher. No need for panic. It's just a roller coaster ride! Thanks for breaking it down, I enjoyed your analyst on the event. Peace!!!!

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I really want to check out the video from DataDash that you referenced, but it is not linked in the description (YouTube or DTube). I'll find it and link it in a Reply here.

I could only find DataDash on YouTube. "How Markets are Manipulated" | Crypto Uncovered Ep. 1 (

Thank you. Very helpful.

is it time to crap or time to re-up? capitulation?? armageddon?

i just bought more

@marketingmonk where is the market going??

I think the price if going to 5000, and i hope so haha, cuz i have an order there XD. GReetings, great video!

I am still hesitant to believe this was true capitulation but it may signal that it is close to finally happening. I also think that risk is coming out of many financial markets and investors are potentially move towards having some liquidity for the near future which could pressure prices in the short term for investable assets.

I can't wait to get over the despair phase. This Bitcoin cash fork will definitely takes us to the despair phase. Let's hope we finally go through it and get past it.

Thank you for the information.

Sometimes your videos are very complex, yes. Thats why its best practise to watch them first thing in the morning. If i dont get it 1st time, i will watch again. I have also watched them 3 times. This is the beauty of your time stamps. Thanks again, Chris, for the top quality, high value content. Keeping us enlightened through these hard times is paramount. You're supreme leader. lol

Are these 4 altcoins really have potential? any opinion?