Will Bitcoin keep crashing? Reasons for 2018 "CRASH"steemCreated with Sketch.

in #bitcoin7 years ago

Will Bitcoin keep crashing is a common question people ask nowadays. And for a good reason as we've fallen dramatically from 19k just a few months ago. The past 24h we've fallen to almost 9k. Today I want to discuss some of the reasons, they have to do with Mt Gox. We will also discuss Steven Segals ICO and the legal issues they are facing. And real estate blockchain news.

Good Morning Crypto! Get your breakfast ready!

https://cointelegraph.com/news/bitcoin-price-hit-2018-lows-because-of-400-mln-mtgox-sell-off-reports
https://www.reddit.com/r/mtgoxinsolvency/comments/82m0dl/mtgox_trustee_has_sold_some_btc_and_bch/dvbbiot/
http://gaelb.alwaysdata.net/MTgox_watch_CW/index.html
https://www.coindesk.com/new-jersey-slams-celebrity-endorsed-bitcoiin-ico-with-cease-and-desist/
https://www.coindesk.com/800-in-1-hour-bitcoin-price-drops-big-to-near-9k/
https://cointelegraph.com/news/vermonts-pilot-program-completes-first-us-all-blockchain-real-estate-transaction
https://coincheckup.com/analysis/github

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Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.

Ivan on Tech by Ivan Liljeqvist

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we are going down and then up it`s all sycles

yes we do.But there is always a sort of manipulation when there is such a downfall usually

Bitcoin behaves similarly to the .com bubbleNASDAQ_IXIC_-_dot-com_bubble.png

Where is the buying power? We need new money to go up.

So cool that you can map the transactions of the Mt Gox. trustee. Love the transparency of Bitcoin.

This Mt Gox news is the most bullish sign I've seen in a long time. $100k per BTC by the end of the year.

All your updates ae very helpful to the crypto community.. and congratulations, I can see your popularity is rising exponentially.

The correlation between MtGox trustee sales and BTC dips is very interesting. Unfortunately when when you have whales holding lots of BTC this kind of manipulation can easily happen.

Hi Ivan !

Thanks for the news Really interesting to hear some recommendations out there. Some even suggest to soft fork BTC to prevent further Mt. GOX dumping. 😅

I believe ethereum to initiate the new rally when it approaches the 590 dollar support, BTC might be lagging behind XRP and ETH on the way up shedding a significant portion of market share on the way.

Heart is skipping a beat somebody give Btc a life... Its nightmare, blood in market

this is a good and important tropic.its method really helped doing Bitcoin keep crashing matter? This guide will go through things to do before and during what people refer to as Bitcoin price 'crashes'...thank you for your good video and valuable post sharing.. ivanli