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Topic: Correction or Depression - page 2. (Read 618 times)

newbie
Activity: 184
Merit: 0
July 08, 2018, 05:05:33 PM
#72
My taught is that cryptocurrency has corrected and values of potential coins will start moving high, they value of all coins went below as of ending of June but they market is moving high now .
Agree with you when a coin get through the correction then the price gets high itself, for me we really need to experience those corrections like the increase of the price and taking the value high, income areas where bitcoin is not famous so making people aware of this new technology and also helping those who want to earn good amount of money but has no proper resource for it, so in short correction in price for me is not depression at all infect I appreciate it,
member
Activity: 462
Merit: 10
July 08, 2018, 02:46:27 PM
#71
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
I think that it is a correction, most likely, yes, than not, but the market is cyclical, after the fall it always grows. So, we need to wait))
full member
Activity: 490
Merit: 100
July 08, 2018, 01:50:44 PM
#70
Initially I was thinking it is correction and with a little time the price will go up but the way the price is sliding has put me in a difficult situation to make a correct deduction but we are not yet in depression may be on our way to the land.
newbie
Activity: 30
Merit: 0
July 08, 2018, 01:06:10 PM
#69
My taught is that cryptocurrency has corrected and values of potential coins will start moving high, they value of all coins went below as of ending of June but they market is moving high now .
sr. member
Activity: 882
Merit: 282
July 04, 2018, 02:53:32 AM
#68
I think the downward movements is a correction from the pumping bitcoin enjoyed towards the end of last year and we should also expect another pumpping as the market cannot continue going down.  There is a law that guides how bitcoin's price behave and if you understand the laws you will agree with me that now is the right time to buy.
sr. member
Activity: 1079
Merit: 352
July 04, 2018, 02:36:08 AM
#67
we just bounce back from 5,9k i believe and it's not bottom yet. People on CT already salty enough, if you see on twitter many people debate something stupid and get salty over something trivial.
full member
Activity: 364
Merit: 107
July 04, 2018, 01:18:48 AM
#66
I think this is depression, what I saw in the market this month is very, very sad, although right on this day the market is in a period of green, then showing improvement, but I do not know if the green market will continue, some time ago continuous correction happened and it made me think that this is depression.
Could be, this is depression because many people panic with the state of declining market trends, so they worry the downward trend in market prices will continue. along with many people who make sales compared to buying in various market exchanges, then it can affect the movement of market prices so that the movement of market prices always be at a low point.
These changes are gonna happen now, crypto currency has volatile mature mate, it will never remain same, and we really need those changes because it effects our earning, so instead of being stressed we should support those corrections, price will be change so I think now we are at positive side of those corrections which is getting high our income for rising price, no more depression will be there I think.

I Agree, there is always a bull market and a market. That trend has been happening in all markets and not unique to crypto currency.  Sadly we are now in a bear market which is also I think healthy to the market, People lose a lot of money but overall price corrections are necessary to make the market healthy. If price went parabolic there sooner or later price will go down as we see in the prices. Just believe on your coins and just be patient. 
sr. member
Activity: 630
Merit: 251
July 03, 2018, 08:07:31 PM
#65
I think this is depression, what I saw in the market this month is very, very sad, although right on this day the market is in a period of green, then showing improvement, but I do not know if the green market will continue, some time ago continuous correction happened and it made me think that this is depression.
Could be, this is depression because many people panic with the state of declining market trends, so they worry the downward trend in market prices will continue. along with many people who make sales compared to buying in various market exchanges, then it can affect the movement of market prices so that the movement of market prices always be at a low point.
These changes are gonna happen now, crypto currency has volatile mature mate, it will never remain same, and we really need those changes because it effects our earning, so instead of being stressed we should support those corrections, price will be change so I think now we are at positive side of those corrections which is getting high our income for rising price, no more depression will be there I think.
legendary
Activity: 1932
Merit: 1273
July 03, 2018, 05:12:07 AM
#64
Depression is a market psychology, Correction is just the way how the market adjusts after an overvaluation. I don't think the current market situation is full of doubts and uncertainty. It just how the Bitcoin plays, Its nothing to worry about. Its just a part of a process to rise higher in the future.
member
Activity: 406
Merit: 10
July 03, 2018, 05:09:43 AM
#63
I feel it is depression, because of the continued bad news from the media, holders got panicked and caused the major fall in the prices. there is a very low everyday volume on the purchases. The India market is selling currencies with 30% losses on the market price. hope the market gets to its normal position and the price stabilisation, which is best for the holders as well as the new buyers too.
hero member
Activity: 980
Merit: 523
July 03, 2018, 03:36:25 AM
#62
I still believe it's a correction, the hype got too high and there are so many coins were overbought, so now the major correction is happening and then the bad news also keep on hitting crypto, so the bear market resist for a long time, and until now the market still need more time to recover
I do not think this is the crypto depression. Depression is a long lasting phenomenon while in the current case, the prices often moves up and might move down as well. SO one cannot call it a depression.

It is however a recession and we are witnessing the fall in prices but the recession has one this advantage that it promotes investment as well and this inflow of money in crypto and holding the already owned portfolios is going to be fruitful both for the market and for the investors.
sr. member
Activity: 1316
Merit: 379
Catalog Websites
July 02, 2018, 07:14:48 AM
#61
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
There is an interesting discussion on this thread. https://bitcointalksearch.org/topic/could-governments-banks-manipulate-the-price-like-this-4526810. The assumption makes a whole lot of sense and could shape the way we look at the market.
legendary
Activity: 3080
Merit: 1353
July 02, 2018, 06:38:35 AM
#60
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

Its been like 6 months that we have sink in the bearish trend. Why are still thinking that we can replicate everything in 2018? We should all move forward and adjust or admit that it won't happen this year unless something in the horizon bring back the interest of a lot of investors to renewed their interest and maybe throw millions or even billions in the market. So personally, the earlier that we admit it, the better for us to not get depressed in this worst situation. We may even call this a market crash and not a correction for technical purposes. But to be depressed? nah, but if ever you are depressed then it is better if you leave the market and your mentality intact at least.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
July 02, 2018, 06:33:35 AM
#59
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

The one that gets depressed to this are those who are noobs here as they might bought at peak and now that we're in a correction they feel like the world is against them. The one who feel this and will sell now to cut loss will definitely regret later on when the market recovered. Better believe what the cryptos can give because at the first place that's the reason we are here.
hero member
Activity: 3052
Merit: 685
July 02, 2018, 06:20:39 AM
#58
There has to be a reason why some call it a Cryptocurrency Depression. When you look at some indicators, there are a lot of unexpected sideways, controlled by whales that causes the value of bitcoin not totally go pump. Instead of expecting for a bull run, it goes the other way around.
You will be depressed if you do not understand the market trends, you are right that it's the whales who are controlling the price, can't blame
them, they have the power to do so that is why at this time we have to be more careful and don't let our emotion control us when we make a decision.
member
Activity: 322
Merit: 12
July 02, 2018, 05:11:32 AM
#57
I do not panic in the current conditions in kriptocurrancy currency. I just take the opportunity to buy more into the slope and utilize when the price spike begins. I know that the price of Bitcoin is very unstable and in the kriptocurrancy market it is. I've been like this since the beginning year and I do not see any big pumps going on. However, this could be the life of cryptocurrancy and I will accept it.
sr. member
Activity: 1330
Merit: 326
July 02, 2018, 01:43:42 AM
#56
There has to be a reason why some call it a Cryptocurrency Depression. When you look at some indicators, there are a lot of unexpected sideways, controlled by whales that causes the value of bitcoin not totally go pump. Instead of expecting for a bull run, it goes the other way around.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
July 01, 2018, 11:42:44 AM
#55
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
Sideways started at the start of q1 not on q2 mate

Anyway i believe that this is manifestation of what happened last December,when the market growth very huge and i think its bubble.so the effect is just happening now,when the payback is needed for that particular reasn

But dont worry were only recovering and may get a good reaction sooner,but for now lets accept the reality
full member
Activity: 588
Merit: 104
July 01, 2018, 11:16:08 AM
#54
It is a normal correction.
If it was normal for BTC last Year to increase from  $950 to $20 k for me it is a normal to correct to $6K and even further to $3-5 K. Below that we can talk about depression.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
July 01, 2018, 07:21:34 AM
#53
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

Just look around you now. As we have entered into the Q3 sphere everything has got changed dramatically. The crypto depression which was sited by the analyst is now has got changed into excitement and it can give us huge up trends coming along the way sooner than we think.

I think its just that crypto currencies are really cyclic in their behaviour and whenever the time is right then they will put themselves in the down trend and in the other time they will start with up surges like the current one. I believe massive correction is coming soon.  Cheesy

Rough times has been done and many people got so exited on what will happen on Q3 of this year and by the current state for bitcoins go stable well most provably it is a good sign that there are something good to be happen by this year and maybe there's an upcoming bull run happen. More good news are coming up and I believe those one are slowly bringing back the trust of many crypto speculators.
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