Topic: Cryptocurrency is silent why? - page 3. (Read 1298 times)
I think one of the reasons why cryptocurrencies have experienced a sharp decline in price in the last few months is because market sentiment is still struggling in recession and inflation is still rising as a result of the Fed's interest rate hike. So some investors are still worried about global macroeconomic conditions and the global crisis.
Is cryptocurrency silent? Not here mate. There's a lot of noise going on locally and globally. Prices are at dip but they are temporary. Old banks and new financial institutions are getting licenses and partnerships in my country and I love it. I do hope they won't pressure and bribe our local government to block the entry of Binance. Binance is pretty sure would take a huge percentage of our local market. Binance a few days ago just opened its New Zealand operations. There's just a lot of news and developments of crypto mate from web 3, to the metaverse and many more.
Maybe OP does not explore the crypto world that much thats why he does not receive or aware of what is going on here , there are so many happenings in crypto world and even there are lots of FUD and dumping happening so how could he say that it is silent ?and besides this forum is more than enough to show how the market and the crypto world is moving here and there.
if he is a true investor? then I believe he will never make such comment meaning he is not aware of what is truly happening in the market.
As far as I understand what he is saying, the silence here means that the market is not bullish, not that it does not have any activity. OP is just trying to look at price movements and doesn't care about market activities and this is why many people will get bored and leave the market when bear season comes. It can be said that everything is still operating normally, the projects are still continuing to build and develop non-stop, it can only be that the price is not noisy.
And it's like this for the last 4 months if I'm not mistaken and can go up to the end of the year so it's quite boring. But nevertheless, for those who have been in the market already, perfect time to accumulate and save bitcoin in our wallet and hold. And when the market is back alive again, at least we are ahead, with some just waiting to be sell during all time high to make huge profit.
when compared to last year, indeed cryptocurrencies in 2022 are very rarely about good news,
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.
It's because last year, we are still in the bull run, hitting all time high. but after that, it's all down hill to us which is understandable, because our run can't be parabolic. But we should be aware and acknowledge what kind of cycle that we are so that we can prepare our selves and what strategy we should do. As far as the hacks, what I know is that the funds are safe as per CZ, so they are what we call SAFU. Although it had some affect to the price, it's not that big though. Maybe next week we will bounce to $20k again.
Is cryptocurrency silent? Not here mate. There's a lot of noise going on locally and globally. Prices are at dip but they are temporary. Old banks and new financial institutions are getting licenses and partnerships in my country and I love it. I do hope they won't pressure and bribe our local government to block the entry of Binance. Binance is pretty sure would take a huge percentage of our local market. Binance a few days ago just opened its New Zealand operations. There's just a lot of news and developments of crypto mate from web 3, to the metaverse and many more.
Maybe OP does not explore the crypto world that much thats why he does not receive or aware of what is going on here , there are so many happenings in crypto world and even there are lots of FUD and dumping happening so how could he say that it is silent ?and besides this forum is more than enough to show how the market and the crypto world is moving here and there.
if he is a true investor? then I believe he will never make such comment meaning he is not aware of what is truly happening in the market.
As far as I understand what he is saying, the silence here means that the market is not bullish, not that it does not have any activity. OP is just trying to look at price movements and doesn't care about market activities and this is why many people will get bored and leave the market when bear season comes. It can be said that everything is still operating normally, the projects are still continuing to build and develop non-stop, it can only be that the price is not noisy.
Is cryptocurrency silent? Not here mate. There's a lot of noise going on locally and globally. Prices are at dip but they are temporary. Old banks and new financial institutions are getting licenses and partnerships in my country and I love it. I do hope they won't pressure and bribe our local government to block the entry of Binance. Binance is pretty sure would take a huge percentage of our local market. Binance a few days ago just opened its New Zealand operations. There's just a lot of news and developments of crypto mate from web 3, to the metaverse and many more.
Maybe OP does not explore the crypto world that much thats why he does not receive or aware of what is going on here , there are so many happenings in crypto world and even there are lots of FUD and dumping happening so how could he say that it is silent ?and besides this forum is more than enough to show how the market and the crypto world is moving here and there.
if he is a true investor? then I believe he will never make such comment meaning he is not aware of what is truly happening in the market.
Is cryptocurrency silent? Not here mate. There's a lot of noise going on locally and globally. Prices are at dip but they are temporary. Old banks and new financial institutions are getting licenses and partnerships in my country and I love it. I do hope they won't pressure and bribe our local government to block the entry of Binance. Binance is pretty sure would take a huge percentage of our local market. Binance a few days ago just opened its New Zealand operations. There's just a lot of news and developments of crypto mate from web 3, to the metaverse and many more.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
when compared to last year, indeed cryptocurrencies in 2022 are very rarely about good news,
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.
Cryptocurrencies are still in the development stage with many shortcomings so being targeted by hackers is inevitable, but BNB's attack is not too serious. As far as I know, the hacker only stole 50 million distributed through the ETH network and all the rest was frozen in time, the hacker did not have time to disperse all the 600 million that he stole. The core cause of the current silence is still due to the economic crisis, as soon as the economy stabilizes again, the market will be active.
Developing not silent, which is something different. While we have traffic and volume of transactions visible (not everything is on chain that's still relevant) I would count as a narrative more significant then how publicized the crypto press might be at that time.
There's an investment fund which only invests while congress is on holiday on the basis that the majority of laws passed are negative to business and so might adversely affect the positive bias that free trade has. The fund suspends full investment until laws and the cost associated with their politics is not actively underway & when there is less noise, it might also be an ironic truth similarly true for crypto.
The highest prices for crypto tend to happen with news stories on this movement in price but the groundwork for the price movement is done in the slowest no news days when nothing appears to be happening.
Bitcoin being increasingly established and propagated as a payment method then that is a good day but not everything can be reflected in price immediately its why we have to check every time frame possible for a full picture.
There's an investment fund which only invests while congress is on holiday on the basis that the majority of laws passed are negative to business and so might adversely affect the positive bias that free trade has. The fund suspends full investment until laws and the cost associated with their politics is not actively underway & when there is less noise, it might also be an ironic truth similarly true for crypto.
The highest prices for crypto tend to happen with news stories on this movement in price but the groundwork for the price movement is done in the slowest no news days when nothing appears to be happening.
Bitcoin being increasingly established and propagated as a payment method then that is a good day but not everything can be reflected in price immediately its why we have to check every time frame possible for a full picture.
There are many reasons why cryptocurrencies are in a consolidation phase right now and the global economic crisis is one of them that is causing it. Inflation rate keeps rising over the past months driving the price of commodities higher. As the price of neccessities become more expensive, some holders have no choice but to liquidate their crypto assets to keep up with the inflation. We are also in bear market right now that is why webdon't see any parabolic movement in the crypto market.
Global economy is going in descending order in all means, Europe area is on recession phase so it affects to all industrial businesses. Cryptocurrencies are risky investments so it makes sense for investors to invest less in risky markets instead of safe heaven financial assets, IMHO. Don't expect bull crypto market soon.. We might say that crypto market is different or not really tied up with external economic problems but we cant really attest or make sure of that.Lots of events and problems we do have
and even fiat currencies does have issue and problems in terms of inflation plus commodity prices rising up and other related problems.
Its no surprise that investors would really be that on hesitance on making out investment nowadays.
when compared to last year, indeed cryptocurrencies in 2022 are very rarely about good news,
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.
It's because last year, we are still in the bull run, hitting all time high. but after that, it's all down hill to us which is understandable, because our run can't be parabolic. But we should be aware and acknowledge what kind of cycle that we are so that we can prepare our selves and what strategy we should do. As far as the hacks, what I know is that the funds are safe as per CZ, so they are what we call SAFU. Although it had some affect to the price, it's not that big though. Maybe next week we will bounce to $20k again.
when compared to last year, indeed cryptocurrencies in 2022 are very rarely about good news,
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.
For some months, cryptocurrency is in a down falling trend which is the main cause.
Of course crypto is experiencing a downtrend so this process has nothing to do with any problems that occur in the crypto market or global economic business. Although many are associated with various issues, the downtrend of course occurs after the bullrun takes place. Maybe we don't have to worry too much about the current market conditions. Take advantage of certain moments. The news about Ukraine and Russian war is also not that active, so maybe these two countries are trying to settle down but unfortunately, the tension between China and Taiwan is building up. Maybe they are going to be the next in this list.
A major disruption to the economy may be invisible but it has a great impact, just as the war is trying to become more ferocious. I think the war in Ukraine and Russia is at the root of everything. When it tries to get back to normal, the crypto market will roar again. The current war condition is taking a more dire shape resulting in a calm situation in the cryptomarket.
Seems like that's a pretty good sign that we've entered the accumulation phase.
There hasn't been any price increase but there hasn't been any sharp drop either, nor has there been any dumping indicating that the panic sellers have sold out, those who continue to hold are still are holding. Once the market does not have many dumping orders, it is a sign of accumulation, a good signal for the upcoming days of the market. October has also been a relatively positive month for bitcoin historically, so we still have hope for the market to move in a good direction this month.
October 3 Fed has an emergency meeting and it's a closed meeting, no news has come out yet. Hopefully the Fed won't have any surprise announcements.
It is pretty crazy that Bitcoin is starting to feel more stable than nation currencies and the stock market. Seems like that's a pretty good sign that we've entered the accumulation phase. I was expecting another drop down into the $13K range this month, but the market feels so strong I think that may not happen. If we can stick around $20K through Halloween I'll start feeling real good about Bitcoin's bottom being in the rear view.
The news about Ukraine and Russian war is also not that active, so maybe these two countries are trying to settle down but unfortunately, the tension between China and Taiwan is building up. Maybe they are going to be the next in this list.
A major disruption to the economy may be invisible but it has a great impact, just as the war is trying to become more ferocious. I think the war in Ukraine and Russia is at the root of everything. When it tries to get back to normal, the crypto market will roar again. The current war condition is taking a more dire shape resulting in a calm situation in the cryptomarket. 
With my calculation,we need to wait till the year end for the next big pump in bitcoin price.
That sounds ambiguous as there's no time frame specified for your expectation for a price pump. We're at the last quarters of the year, thus the tail end of the year. Is there a particular month you're looking at this year for that? Nonetheless, that isn't to say that I envisage a big pump this year; looking at what time space we've left of this year already. I expect a momentary rise in November and then a relapse to the bear mood going into 2023. If Bitcoin will pump massively, its rally will begin in the last phase of 2023 and not in 2022. This is because 2023 is a pre-halving year. I've come to figure it out that pre and post halving years are always favourable to Bitcoin price. 
The market is silent because the money is flying to somewhere else outside crypto universe. In every markets money talks and makes all the noise. Without money the market becomes silent and that is exactly what is happening at this moment. In order to revert the scenario crypto has to become attractive to investors again and sometimes there isn't anything we can do about it besides waiting, because it is a matter of perfect timing: that is, another sectors of finances and economy have to fail, so crypto can shine again.
The crypto market is not the only financial market that is evaporating, but most of the other financial markets are also declining. Gold is falling, stocks are falling, and everything appears to be centered around the USD. It can be said that USD is considered a safe and profitable place at this time. The main reason is due to inflation and the Fed raising interest rates, the market will be active and noisy again when inflation cools and the Fed stops raising interest rates. Once the USD weakens then the market will start greener.
cryptocurrencies are not completely silent, because news about the adoption of cryptocurrencies is currently still low, so it is natural to be quiet,
news is also dominated by bad news such as war and world economic inflation, of course this also has a bad impact on cryptocurrencies this year,
maybe in 2023 it will still be the same, it's just that we might be a little surprised.
The adoption is slow right now because the price is also low. We know newbies make sure first that crypto is not dying so they will wait for a better signal and that is when the price rally again. It's fine, there is no need to rush because the adoption rate of btc is already high. It's just that we are in a bear market, that is why we can't feel its presence. Aside from adoption news there's that news from war and inflation but I think the effects of the inflation is now getting lower.news is also dominated by bad news such as war and world economic inflation, of course this also has a bad impact on cryptocurrencies this year,
maybe in 2023 it will still be the same, it's just that we might be a little surprised.
The news about Ukraine and Russian war is also not that active, so maybe these two countries are trying to settle down but unfortunately, the tension between China and Taiwan is building up. Maybe they are going to be the next in this list.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Crypto currency was in dump base,you need to wait for the next pump in the bitcoin price.Actually bitcoin price will be source of many of the coin,So I had said that one.Most of the crypto currency price was very low,you need to wait for longer period.With my calculation,we need to wait till the year end for the next big pump in bitcoin price.
If it's just waiting until the end of the year I think a lot of people can afford to wait for that because it's not that long, moreover it's about pumps like you said, obviously that's something that everyone is looking forward to at the moment including myself too.
But will it really happen by the end of this year? because I don't think it's going to be that easy for Bitcoin at the end of the year, considering the price dump is still not over for this month where now everyone is in the final quarter for the year.
Jump to: