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Topic: Bad days for crypto - page 23. (Read 61602 times)

member
Activity: 168
Merit: 10
October 29, 2019, 07:55:21 PM
Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

Well, I don't think the bitcoin price will reach $20,000 by the end of the year but $15,000 is possible. There are so many ups and downs recently in the cryptocurrency market. Perhaps, the bitcoin price will reach $12,000 to $15,000 by the end of the years due to the current China FOMO.
copper member
Activity: 1722
Merit: 1004
Campaign Management & Translation Service
October 29, 2019, 03:02:18 PM
The market is dead from 5-6 months, all coins are red and reach their lowest price. As good news is coming that China showed their interest in blockchain and bitcoin again which is a positive point and it will definitely contribute something good to the crypto world. By the end of 2019, we will see bitcoin achieving new milestones.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
October 29, 2019, 05:20:09 AM
Actually we reached $12K usd and that is because of the Libra hype I guess, no ETF yet as all ETF has just been delayed or disapprove.
This month, there was a big pump that suddenly bring the price back to $10K before it settles now at $9K and there was no hype at all prior to this, but maybe its the china news but that was all about blockchain in general that they will to develop in their country.

Libra hype and all other hype is called hype because it is designed to push temporarily and then run out of steam.

Price bursts are built on hype, but steady price growth is what we will look for, and Bitcoin can do this on its own without hype and without Zuckerberg, as the years have already proven.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
October 29, 2019, 02:51:06 AM
Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

I would say it's achieveable right now because bitcoin currently is on the way to break 10k.
After a big pump several days ago, bitcoin looks strong stand still on 9,4k+ , i could be go to 20k if something big news appear and attract many new investors
$20k with power of halving, i think still logic price to reach. Maybe for $30k or more we can speculate about it. But i personally will think $20k can reached. A lot of support and demands especially for event like that, will make bitcoin price increased so much. But just be careful after halving, anything can be happen. Make target so you not regret to miss the peak.
hero member
Activity: 2856
Merit: 604
October 29, 2019, 01:49:51 AM
I wouldn't say bad days but rather trying days which will be defeated soon by bitcoin and cryptocurrency. I remember early this year when bitcoin did $3500 and boom Libra happened, EtFs and so on which sky rocketed bitcoin to over $11000. Crypto will always bounce back because the tech behind it is inevitable and adoption will surely happen alas gradually
Actually we reached $12K usd and that is because of the Libra hype I guess, no ETF yet as all ETF has just been delayed or disapprove.
This month, there was a big pump that suddenly bring the price back to $10K before it settles now at $9K and there was no hype at all prior to this, but maybe its the china news but that was all about blockchain in general that they will to develop in their country.
sr. member
Activity: 938
Merit: 256
October 28, 2019, 07:05:09 PM
Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

I would say it's achieveable right now because bitcoin currently is on the way to break 10k.
After a big pump several days ago, bitcoin looks strong stand still on 9,4k+ , i could be go to 20k if something big news appear and attract many new investors
full member
Activity: 573
Merit: 102
October 28, 2019, 06:59:16 PM
I wouldn't say bad days but rather trying days which will be defeated soon by bitcoin and cryptocurrency. I remember early this year when bitcoin did $3500 and boom Libra happened, EtFs and so on which sky rocketed bitcoin to over $11000. Crypto will always bounce back because the tech behind it is inevitable and adoption will surely happen alas gradually
sr. member
Activity: 1092
Merit: 250
Hodlers Network
October 27, 2019, 04:51:52 PM
Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

bitcoin under 10,000 USD is very good for us,
because we still have a chance to collect more bitcoin in good price my friend
remember in crypto everthing is possible
and bitcoin still has two months before this year ended,  market will answer your question soon buddy
hero member
Activity: 2996
Merit: 600
October 27, 2019, 04:02:30 PM
Just imagine if you bought Bitcoin at $7,400 at that time of my last post. And you actually got to sell it at $10,500! That's an extra $3,100 for you in just one day! Just one day! It was an "oh my God" moment for Bitcoin.  Cool
But not everyone that we're telling to buy at the dip are really buying. Good for those who listened to those suggestions that it's okay to buy during the dip and now it's gonna be your decision time whether to sell for the short term profit you've made or you want to continue it for long term. The bad days are gone now, hopefully. And we just have to wait until everything goes back to the usual process of looking into the bull market.
full member
Activity: 567
Merit: 148
October 27, 2019, 01:01:17 PM
There were worst days for crypto. BTC dominate the market and alt coins cannot do anything alone at current market conditions.

After long bear market we saw some green days after Q1 to end of Q2..

And last 2-3 months we are living in a bloody market. By the way red market give good opportunities for traders. And also good opportunities for investors who focus on top ranked coins.

We do not have the so-called bad days for cryptocurrency. Until you decide to sell your altcoins and BTC, everything is good. Crypto is new, and it will be used in the future for sure. Thus, simply hold it in your wallet when its price is down. Take it as a reserve long-time investment and wait for the moment, when we all will see the flourishment of the market and the Moonrise of your altcoins and Bitcoin.
sr. member
Activity: 859
Merit: 251
October 27, 2019, 12:50:22 PM
Just imagine if you bought Bitcoin at $7,400 at that time of my last post. And you actually got to sell it at $10,500! That's an extra $3,100 for you in just one day! Just one day! It was an "oh my God" moment for Bitcoin.  Cool


Today's market is still in bearish state so we don't know when it will start to rise. And i think it is best to accumukate XRP today since its dominating the market and it is not going down below its current vslue today.

I'm thinking if the market will keep going down within the end of this month or it will start to going up before this year end. And i am just hoping that i will be able to buy more bitcoin before it start the bullrun.

You should actually start buying bitcoin now. You should use dollar cost averaging where you start buying 10% of intended purchase around current price, 30% if it drops to $7,000, another 30% if it drops again to $6,000. Now if the trend looks to be reversing, buy every dip.
full member
Activity: 486
Merit: 100
October 25, 2019, 02:26:51 PM
At the moment, judging by the market it is in good condition, after the fall it recovered very quickly and began to grow, both Bitcoin and alts
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 25, 2019, 02:09:37 PM
In this period, not only bad days for cryptocurrency arrived, but also hours, because today, October 24, in just 1 hour, Bitcoin fell by almost 6% and fell by $ 500.  This is a very large indicator of falling prices.  If you pay attention to the cryptocurrency market, then almost the entire top ten rating cryptocurrencies are traded in the red zone and there are no prerequisites for improvement in the coming days.  There is news in the media that certain interruptions and delays have already been recorded on some exchanges, including Bitmex and Binance.  In turn, I also drew attention to the fact that the CoinTiger exchange has become unavailable, the administration announces technical work.  In fact, everything that happens so far does not create a huge panic, because many cryptocurrency users use the current time for successful investments and purchases in cheap cryptocurrencies, because this chance will probably not be possible.
When you wrote this most of what you said was true, at some point bitcoin was below 7300 and it seemed like we could see a price below 7000 for the first time since May of this year, but just a day later the price of bitcoin saw a huge recovery which was difficult to anticipate, while there are moments in which the price of bitcoin can be very easily predicted we are entering a period in which the volatility is off the charts and we can see bitcoin gaining or losing 500 dollars in a single hour.
jr. member
Activity: 188
Merit: 2
In Blockchain we trust!
October 25, 2019, 01:57:01 PM
So, hope today's green candle is a start brand new bullrun!
full member
Activity: 1204
Merit: 104
October 24, 2019, 12:10:10 PM
In this period, not only bad days for cryptocurrency arrived, but also hours, because today, October 24, in just 1 hour, Bitcoin fell by almost 6% and fell by $ 500.  This is a very large indicator of falling prices.  If you pay attention to the cryptocurrency market, then almost the entire top ten rating cryptocurrencies are traded in the red zone and there are no prerequisites for improvement in the coming days.  There is news in the media that certain interruptions and delays have already been recorded on some exchanges, including Bitmex and Binance.  In turn, I also drew attention to the fact that the CoinTiger exchange has become unavailable, the administration announces technical work.  In fact, everything that happens so far does not create a huge panic, because many cryptocurrency users use the current time for successful investments and purchases in cheap cryptocurrencies, because this chance will probably not be possible.
hero member
Activity: 2156
Merit: 531
October 24, 2019, 10:12:22 AM
There seems to be a lot of downwards price pressure at the moment. As soon as you think things are stabilising and support is being established, the floor disappears and prices plummet again. It is certainly frustrating in the short term... however I don't think it's a massive concern for the long term. In times like this I think a look at the long term price charts are useful. We can see the huge 2017 spike and the mega-drop that followed with that long bear market. And after that the mini-recovery... since which time we have been steadily falling again. But you can see that this fall isn't that bad (at least yet!)... it still falls within the normal pattern of bumps in the road. So no reason to panic yet!
good explanation they are not aware of how crypto market is move so that it triggers thoughts immediately draw bad conclusions or whatever ,they want the market of crypto continue to air up fly the moon but do not think about how it happens then immediately create content that will make him panic
legendary
Activity: 1904
Merit: 1277
October 24, 2019, 07:41:23 AM
Right now Bitcoin going down, and alts are following. Curious if can be back moving?
check the graph in january and also check the same questions as you,then you will find how bitcoin and market back to good value,we are having $7k value of bitcoin now but in January its $3k does it sounds small amount?
why not ignore the market for a while and check back in december so you dont need to be alarmed from this Up and Down market movement

This is what I was going to say. Day-to-day or even week-to-week market movements can be very misleading when they are divorced from context.

In order to understand what is really happening, it's essential to look at longer time periods. The December 2017 peak was huge, and the market fall after that took a long time and drained a huge amount of value. There was a big recovery since then, and we are now on the inevitable down-slope after that recovery. Following this, I expect another upturn, just maybe not quite yet.

There is no point in panicking each time we enter a downwards part of the cycle, especially if the overall trend measured over many years is still upwards.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 24, 2019, 04:33:28 AM
Right now Bitcoin going down, and alts are following. Curious if can be back moving?
check the graph in january and also check the same questions as you,then you will find how bitcoin and market back to good value,we are having $7k value of bitcoin now but in January its $3k does it sounds small amount?
why not ignore the market for a while and check back in december so you dont need to be alarmed from this Up and Down market movement
jr. member
Activity: 188
Merit: 2
In Blockchain we trust!
October 24, 2019, 04:02:36 AM
Right now Bitcoin going down, and alts are following. Curious if can be back moving?
sr. member
Activity: 1148
Merit: 252
October 24, 2019, 03:15:30 AM
Compared to 2018 when bitcoin prices plunged freely, now there is actually a pretty good recovery for bitcoin, although now it is back down but this is only slightly compared to 2018 yesterday. Personally I also can not predict whether the end of the year bitcoin can reach a price of $ 20,000, we will see from a few predictions about bitcoin later this year
indeed in 2018 bitcoin and other cryptocurrencies have decreased very drastically many investors are frightened and are losing but it has become a risk in investing and I am sure bitcoin and other cryptocurrency will experience an increase and development and investor interest will the greater the investment
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