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Topic: Cryptocurrency Crash - page 4. (Read 1195 times)

member
Activity: 518
Merit: 21
October 20, 2018, 05:16:10 AM
#93
It really hard to apply the buy low sell high concept because the down trend was tremendous losing more than 60% already. As of now, prices are stable fluctuating a bit but that is alright.
This because the huge market players in the market are benefiting with the current market price. They could easily manipulate market price for bitcoin for it has a cheap market price for now. If it will going to go high then those huge key players for bitcoin market price will have some difficulties around to move bitcoin market price.


Yeah it's a bad year, it seems like there is endless bear market staying with the crypto, many people already losing huge amount of money,
Definitely and I have also some losses thinking that this year had some good things that will going to happen with bitcoin and other crypto in the market. But, seeing current situation of bitcoin now will had some difficulties to be able to recover its market price.
sr. member
Activity: 448
Merit: 250
October 20, 2018, 01:36:16 AM
#92
I am now seeing twitter alive with people giving away coins etc
Say what?  If people are giving away bitcoin, let me know when and where.

People have been saying bitcoin is dead probably since day 2 of its existence.  Don't pay any attention to them.  Right now it's sitting pretty at just about $6500, and that's much higher than what it was in 2015 when I first bought bitcoin.  That's a hell of a gain, although not for me since I didn't buy at that point and hold it like I should have.  Hindsight is 20/20.

Don't mistake bitcoin for the rest of the crypto market.  There are way too many coins on the market, and most of them are destined to be in the Yobit 1-satoshi graveyard in a year or so, maybe sooner.  Nobody is ever going to use shitcoins for anything other than trading, and most of them aren't even going to be useful for that eventually.  In fact, if you take a look at all the coins that are offered on exchanges like Yobit, you'll see that many of them have ZERO buy orders, so even if you held a huge amount of shitcoin X, you'd never be able to sell it, even for 1 satoshi.  They're totally useless.

I do think a crash is coming, but not for bitcoin.  What's going to crash is the ICO market, followed by altcoins.  Once people finally wake up and realize there's no reason to own any of them, they'll sell and the price will tank.  Don't know when that's going to happen, but I'm nearly certain it will eventually.

I agree with you. I would not think these posts you saw were legit, no one in the right mind would give their coins away for free. AND, no this is no the end of crypto!!!
Though the forum is great for sharing ideas and gaining knowledge but somehow in the course of discussion, I find unauthentic and free of wisdom comments for their own personal interest which should not be practically applied in business otherwise one can incur loss.

This is the reason why we should not believe everything we go through. Besides, crash in the crypto market is not the end of the world, for it’s a cyclical phenomenon that repeats over and over again.
Most of the post we read here is based on our opinion but that opinions makes this forum more popular.
Bitcoin may rise or fall but we do not know when exactly it will happen, we invest because we believe but that is just based on our analysis, so if someone
would say that bitcoin will crash just stay away and don't believe.
I very much agree with you.Some reports are only one-sided and only represent their personal views.Maybe it will have some effect on you.But you should also have your own choice.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
October 20, 2018, 01:27:35 AM
#91
I am now seeing twitter alive with people giving away coins etc
Say what?  If people are giving away bitcoin, let me know when and where.

People have been saying bitcoin is dead probably since day 2 of its existence.  Don't pay any attention to them.  Right now it's sitting pretty at just about $6500, and that's much higher than what it was in 2015 when I first bought bitcoin.  That's a hell of a gain, although not for me since I didn't buy at that point and hold it like I should have.  Hindsight is 20/20.

Don't mistake bitcoin for the rest of the crypto market.  There are way too many coins on the market, and most of them are destined to be in the Yobit 1-satoshi graveyard in a year or so, maybe sooner.  Nobody is ever going to use shitcoins for anything other than trading, and most of them aren't even going to be useful for that eventually.  In fact, if you take a look at all the coins that are offered on exchanges like Yobit, you'll see that many of them have ZERO buy orders, so even if you held a huge amount of shitcoin X, you'd never be able to sell it, even for 1 satoshi.  They're totally useless.

I do think a crash is coming, but not for bitcoin.  What's going to crash is the ICO market, followed by altcoins.  Once people finally wake up and realize there's no reason to own any of them, they'll sell and the price will tank.  Don't know when that's going to happen, but I'm nearly certain it will eventually.

I agree with you. I would not think these posts you saw were legit, no one in the right mind would give their coins away for free. AND, no this is no the end of crypto!!!
Though the forum is great for sharing ideas and gaining knowledge but somehow in the course of discussion, I find unauthentic and free of wisdom comments for their own personal interest which should not be practically applied in business otherwise one can incur loss.

This is the reason why we should not believe everything we go through. Besides, crash in the crypto market is not the end of the world, for it’s a cyclical phenomenon that repeats over and over again.
Most of the post we read here is based on our opinion but that opinions makes this forum more popular.
Bitcoin may rise or fall but we do not know when exactly it will happen, we invest because we believe but that is just based on our analysis, so if someone
would say that bitcoin will crash just stay away and don't believe.
sr. member
Activity: 2030
Merit: 323
October 20, 2018, 12:20:40 AM
#90
I am now seeing twitter alive with people giving away coins etc
Say what?  If people are giving away bitcoin, let me know when and where.

People have been saying bitcoin is dead probably since day 2 of its existence.  Don't pay any attention to them.  Right now it's sitting pretty at just about $6500, and that's much higher than what it was in 2015 when I first bought bitcoin.  That's a hell of a gain, although not for me since I didn't buy at that point and hold it like I should have.  Hindsight is 20/20.

Don't mistake bitcoin for the rest of the crypto market.  There are way too many coins on the market, and most of them are destined to be in the Yobit 1-satoshi graveyard in a year or so, maybe sooner.  Nobody is ever going to use shitcoins for anything other than trading, and most of them aren't even going to be useful for that eventually.  In fact, if you take a look at all the coins that are offered on exchanges like Yobit, you'll see that many of them have ZERO buy orders, so even if you held a huge amount of shitcoin X, you'd never be able to sell it, even for 1 satoshi.  They're totally useless.

I do think a crash is coming, but not for bitcoin.  What's going to crash is the ICO market, followed by altcoins.  Once people finally wake up and realize there's no reason to own any of them, they'll sell and the price will tank.  Don't know when that's going to happen, but I'm nearly certain it will eventually.

I agree with you. I would not think these posts you saw were legit, no one in the right mind would give their coins away for free. AND, no this is no the end of crypto!!!
Though the forum is great for sharing ideas and gaining knowledge but somehow in the course of discussion, I find unauthentic and free of wisdom comments for their own personal interest which should not be practically applied in business otherwise one can incur loss.

This is the reason why we should not believe everything we go through. Besides, crash in the crypto market is not the end of the world, for it’s a cyclical phenomenon that repeats over and over again.
legendary
Activity: 2674
Merit: 1048
October 19, 2018, 09:58:12 AM
#89
I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

say who crypto are dead? market is trading, investment still on going. ICO still going, new project still pitch everyday, blockchain job still posting. the sign getting bigger and bigger. how it could be dead.

many people call it dead just because they didnt see a sign of recovery or any big movements happening on the cryptos but of course that isnt true at all , we should not get affected easily about this matter because it can only give us a depression or stress if we think too much about the current status of the market but instead we should rather hold and keep our faith strong because sooner or later our efforts wont go into waste . we can soon harvest our gains in and its not going to happen too long .
How can we say cryptocurrency is dead while the price of bitcoin is still priced at $ 6500 ETH $ 200 and the other altcoins that have high prices, everyone should be able to compare the price of money fiat with cryptocurrency prices now. This still indicates that cryptocurrency is still alive, there are still many users even though big crashes come. Most of them see cryptocurrency not from a price issue, but they believe in the function of cryptocurrency that will be used by everyone. Only superficial thinking that speaks cryptocurrency has died, and OP what is the altcoin shared on Twitter? I guess it's an airdrop event.
member
Activity: 336
Merit: 10
October 19, 2018, 09:53:55 AM
#88
I've read and heard many negative thoughts about cryptocurrency nowadays. This is due to the market crash happening for the past months. But I don't believe it will last. I am very positive for the coming months that everybody will turn back its smile.
legendary
Activity: 1666
Merit: 1001
October 19, 2018, 09:29:24 AM
#87
This downtrend for almost 3 quarters of 2018 was really challenging on us crytpo-enthusiasts. It really hard to apply the buy low sell high concept because the down trend was tremendous losing more than 60% already. As of now, prices are stable fluctuating a bit but that is alright.

Yeah it's a bad year, it seems like there is endless bear market staying with the crypto, many people already losing huge amount of money, but I am still positive that crypto will rise again, crypto price is on a great movement if we see it from yearly chart, it's just that the hype on last December is too high and cause major correction and people keep on comparing the present price with the hype price
hero member
Activity: 1065
Merit: 510
October 19, 2018, 07:03:22 AM
#86
I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

Manipulators are manipulating the market, creating panic in investors/traders, big institutions are waiting to invest, do not give up your coins, hold it, market will be back to track in coming months, banks are doing everything to make this market dead but common people are not understanding the power of blockchain and cryptocurrencies, bull run will resume shortly.
Easy to say but emotion would really be the main enemy when it comes to deal with these very unpredictable market and its really plausible for manipulation yet its decentralized and accumulation in big volumes will really be an advantage for those who do have financial capacity or capability.Crash is inevitable and price pump spikes is possible anytime. Bull run can happen anytime and so as with bearish.As long theres involvement with buy and sells these things can really be seen anytime.
full member
Activity: 756
Merit: 102
October 19, 2018, 07:01:40 AM
#85
I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

say who crypto are dead? market is trading, investment still on going. ICO still going, new project still pitch everyday, blockchain job still posting. the sign getting bigger and bigger. how it could be dead.

many people call it dead just because they didnt see a sign of recovery or any big movements happening on the cryptos but of course that isnt true at all , we should not get affected easily about this matter because it can only give us a depression or stress if we think too much about the current status of the market but instead we should rather hold and keep our faith strong because sooner or later our efforts wont go into waste . we can soon harvest our gains in and its not going to happen too long .
full member
Activity: 868
Merit: 104
October 19, 2018, 06:52:20 AM
#84
I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

Manipulators are manipulating the market, creating panic in investors/traders, big institutions are waiting to invest, do not give up your coins, hold it, market will be back to track in coming months, banks are doing everything to make this market dead but common people are not understanding the power of blockchain and cryptocurrencies, bull run will resume shortly.
legendary
Activity: 1414
Merit: 1001
October 19, 2018, 06:47:23 AM
#83
The main reason for this crypto price fall is the constant flow of negative news reading cryptocurrency such as exchange hacks, regulatory actions.  
Why regulatory actions became the reason for the fall of most of cyrpto market price in the market? In our country it seems that cryptocurrency is regulated and so far it was good. It may even encourage people to join cryptocurrency for it was being regulated by the government agency concern giving license for the local exchanges to operate.

Though the transaction fee's are higher but it may be good for there is security within the government controlling the local exchange for cryptocurrency. This is how I view the cryptocurrency regulation and not the way it turns out to be the reason of crypto market price fall down.
Regulations determined by the government will have a major impact on the future direction of cryptocurrency. When the government supports cryptocurrency, it will make the development of cryptocurrency clearer. In contrast, when the government tries to ban the use of Cryptocurrency, it will create a bad image of the use of cryptocurrency and will affect the decline in cryptocurrency prices. Everything depends on how the decision and also how the regulations made by the government.
member
Activity: 518
Merit: 21
October 19, 2018, 06:38:12 AM
#82
The main reason for this crypto price fall is the constant flow of negative news reading cryptocurrency such as exchange hacks, regulatory actions.  
Why regulatory actions became the reason for the fall of most of cyrpto market price in the market? In our country it seems that cryptocurrency is regulated and so far it was good. It may even encourage people to join cryptocurrency for it was being regulated by the government agency concern giving license for the local exchanges to operate.

Though the transaction fee's are higher but it may be good for there is security within the government controlling the local exchange for cryptocurrency. This is how I view the cryptocurrency regulation and not the way it turns out to be the reason of crypto market price fall down.
jr. member
Activity: 252
Merit: 1
October 19, 2018, 06:18:33 AM
#81
I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

say who crypto are dead? market is trading, investment still on going. ICO still going, new project still pitch everyday, blockchain job still posting. the sign getting bigger and bigger. how it could be dead.
full member
Activity: 1162
Merit: 101
October 19, 2018, 04:39:19 AM
#80
Crypto-currency technologies have a great future, just each project has its own development plans and needs more time to implement them
member
Activity: 294
Merit: 10
Fast, Smart, Trustworthy
October 19, 2018, 04:08:51 AM
#79
Although many regions are interfering with the normal development of the cryptocurrency market, I don't think this will change the status of Bitcoin. The stock market has also encountered many doubts, isn't it?
full member
Activity: 630
Merit: 100
October 19, 2018, 03:26:26 AM
#78
The media opinion and knowledge of bitcoin is very shallow.  We can  also see the expert analysis of bitcoin is wrong.  Their conclusion feel as if somebody is paying to paint cryotocurrency black and blue.  I am sure average cryptocurrency traders and investors knows what to do in situation like this.  Hold!
legendary
Activity: 1834
Merit: 1036
October 18, 2018, 06:58:39 PM
#77
I don't see a big crash in the horizon. What i see is a possible bull run when the holiday season starts. Cyber Monday this year falls on November 23, that's where almost anything you see that can be sold online goes on sale, from subscriptions, services and daily items that we need. If there's an online shop that accepts Bitcoin as payment and offers a good sale and good discount, people will visit that site to buy items there.
full member
Activity: 2548
Merit: 217
October 18, 2018, 06:42:03 PM
#76
I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days


Do not listen to them they want people make panic, actually if an actuve to read in different  news media outlet you can get more good new specially some country adopt bitcoin as leagl tender and businesses use bitcoin accept bitcoin as payment.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
October 18, 2018, 06:31:26 PM
#75
no one dies, crypto doesn't die. especially bitcoin. have you seen the price chart from the beginning of bitcoin accepted for transactions? and compare it to the current price. then with coins shared on twitter, you call crypto dead. I think you need to learn more about crypto. Price crashes are currently only to meet pattern support. where every price communication is on the candle.
The price of cryptocurrency is dropping, but it never says that its dying. People should understand the price trend so they will not panic whenever they see a dump trend. Bitcoin will not die of course, only shitcoins will die but never a great one.
member
Activity: 332
Merit: 12
October 18, 2018, 06:19:14 PM
#74
This downtrend for almost 3 quarters of 2018 was really challenging on us crytpo-enthusiasts. It really hard to apply the buy low sell high concept because the down trend was tremendous losing more than 60% already. As of now, prices are stable fluctuating a bit but that is alright.
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