Quote from: jmigdlc99 on October 04, 2019, 12:22:04 PM

Quote from: AgathaMorningstar on September 24, 2019, 08:42:40 PM

wtf? market is red :/ everithyng is red.

have any idea, what is reason?
or its just (only) Pump - Dump game?

Not to be as crass, but it's most likely just part of the pump n dump cycle.

Bitcoin price value is highly affected by gossip, rumors, and news. So when people heard that the new Bakkt bitcoin exchange only had 7 bitcoin volume on first day (compared to CME futures which did 5000+) coupled with the fact that the VanEck SolidX bitcoin ETF was being shut down, people naturally over-panicked and oversold.

As we see tho, bitcoin is again on the rise just in time for the pump. The cycle continues..

You need to make sure that you fully understand those factors that leads the trend to move according to the directions where holders wanted to bring.

Rumors and news that affects the holders decision making, It's tough to decide when majorities are already taking sides. Best to make a deeper research and take your time to assess never to rush to avoid making a huge loss of your investment.