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Topic: Cryptocurrency market conditions. - page 4. (Read 1474 times)

hero member
Activity: 2842
Merit: 625
June 11, 2019, 05:26:05 PM
I am honest that the rise and fall of prices in the market is very difficult for anyone to guess. the rise and fall of the price of coins in the market occurs because of the demand and supply of the coin. so it's better to monitor the market so as not to lose the moment to throw away
The demand goes lower and the supply in the economy of that coin's market is increasing. And that results to the price to get dumped and that's how that each coin you have sees to experience some major and minor corrections.

Just be ready with any consequence of what the market is giving you and it all depends to the coins that you are holding. If you hold bitcoin, you don't have to worry about the market condition but if alts, you sure have to worry and monitor it.
full member
Activity: 812
Merit: 100
www.cd3d.app
June 11, 2019, 02:38:51 PM
If we discuss the crypto currency market condition lately, the situation of crypto currency since Eid al-Fitr is still very alarming. The crypto currency market is almost all red. The crypto currency is not stable. The economy has not returned to normal. This is a reasonable condition because the demand and supply of crypto currency coins is not balanced. Many people sell their crypto currency coins to meet the needs of the holidays so that they still collect capital to return to the market. Now is the right condition if you want to buy crypto currency coins at a fairly cheap price.
member
Activity: 744
Merit: 10
https://goldeth.io/
June 11, 2019, 02:37:41 PM
I think the market conditions are down due to a number of reasons including market demand and crypto news. but I think this is just a market correction for a moment and won't continue in a bad situation. I am sure the market will be as stable as ever again
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
June 11, 2019, 02:37:22 PM
I appeal to you from the future, the market is still red. However, this is not a reason for sadness, it is a normal stage on the way to a real bull run.
I think it's too risky to invest now  the market is hard to guess bull run happened yesterday, so I think the next bull run needs a long process because until now it has seen only seen a decline that happen
sr. member
Activity: 656
Merit: 251
www.fintropy.io
June 11, 2019, 02:28:04 PM
I appeal to you from the future, the market is still red. However, this is not a reason for sadness, it is a normal stage on the way to a real bull run.
sr. member
Activity: 602
Merit: 250
June 11, 2019, 10:21:13 AM
Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

I think due to hack cases on some exchange from Gate.io If im not mistaken, and a new binance but this Im not sure. They have system maintenance for longer hour could be one of the reason. And also cryptopia closure, which really will turn down the market. Maybe some fuds on other token too. There are lots of factors that could affect.
Regarding hacking Gate.io maybe I just heard it from you, but the binance hacking case is over and it seems like it was finished a few weeks ago I read it. You are right, there are many factors that affect market conditions and that are real. Especially the negative news circulating. But it turns out that the crypto market is starting to improve and is fine. I am quite relieved by the current conditions.
hero member
Activity: 2912
Merit: 613
June 10, 2019, 07:57:13 PM
I am honest that the rise and fall of prices in the market is very difficult for anyone to guess. the rise and fall of the price of coins in the market occurs because of the demand and supply of the coin. so it's better to monitor the market so as not to lose the moment to throw away
Market conditions can change quickly and at any time, so if we don't monitor them, we can lose them, so you often monitor them so you don't lose a good moment, because good moments don't come quickly.

The condition of a digital currency is unpredictable so you have to be careful.
With the current decline of the market price, i think it's only a correction and will rise up again in the next few days. Price varies any time of the day since crypto market is highly volatile in nature. But once the market continues to make a price decline, there must be something serious reason that had caused it to drop.
member
Activity: 560
Merit: 10
“A nexgen decentralized ride hailing ”
June 10, 2019, 07:54:21 PM
the increase in prices in the market is reasonable because it affects the number of requests in the market that often change and maybe one of them because there may be other things that can influence it.
Digital currency conditions are hard to guess so we have to be vigilant and often check their progress so you don't miss out.
member
Activity: 471
Merit: 10
June 10, 2019, 07:38:38 PM
I am honest that the rise and fall of prices in the market is very difficult for anyone to guess. the rise and fall of the price of coins in the market occurs because of the demand and supply of the coin. so it's better to monitor the market so as not to lose the moment to throw away
Market conditions can change quickly and at any time, so if we don't monitor them, we can lose them, so you often monitor them so you don't lose a good moment, because good moments don't come quickly.

The condition of a digital currency is unpredictable so you have to be careful.
jr. member
Activity: 406
Merit: 3
June 10, 2019, 05:39:21 PM
I am honest that the rise and fall of prices in the market is very difficult for anyone to guess. the rise and fall of the price of coins in the market occurs because of the demand and supply of the coin. so it's better to monitor the market so as not to lose the moment to throw away
hero member
Activity: 2968
Merit: 572
Leading Crypto Sports Betting & Casino Platform
June 10, 2019, 05:28:47 PM
This is probably just another price correction. I think that most likely now there will be a long flat market. The price will fluctuate slightly. So all the fun is yet to come.
The market just climbed today, look at the price of bitcoin. After coming short and breaking back to $7,600, it has been up again back to $8,000 and very likely to go back to $7,900 - $7,800 within few hours starting now. What's good with that move, there's still a strong resistance for a better price now. As long as we don't go back to a lower level I think that's a better position for everyone here. Everyone should be patiently wait until we reach new and higher levels.
full member
Activity: 460
Merit: 100
June 10, 2019, 05:08:36 PM
I think its just part of the fluctuations of crypto market because some investors by executing trading in the market by exchanging their asset into another new coins which is we could notice the sudden quick declined. But soon once bitcoin will get skyrocket I think more or less investors will get alarn of it and try buy and hold bitcoin for the possible big out come in the future.
legendary
Activity: 2212
Merit: 1008
June 10, 2019, 04:58:29 PM
Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

It seems that this is only market manipulation by the pope and has caused panic among traders and the whales have taken advantage. Honestly, the current market situation in my opinion is not good when viewed from technical analysis, I see a doji candle and in my opinion it still continues to fall. But that doesn't mean bitcoin won't be green, I think the current decline is only temporary.
After the whales left and got a profit, I think at that time the bitcoin situation would return to normal.

The BTC dump today was completely manufactured:

About 20-30 mins before the dump, a whale moved 25k BTC (worth $215M) to Coinbase.Link

About an hour after the dump, a whale moved 14k BTC (worth $112M) from Coinbase to another wallet: Link

40 mins after that, a whale moved 11k BTC (worth $88M) from Coinbase to another wallet: anchor

15 mins after that, a whale moved 10M USDT from one wallet to another: Link

Source for the original post

hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
June 10, 2019, 03:17:20 PM
Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

So you do not need to worry now as I believe.

You can check about the marketplace now all the cryptocurrencies seems raised and especially bitcoin around 300 USD+.
Please go utilize this time to make some funds in trading sites.

Because of the decent fluctuations crypto traders can be able to make more money.
legendary
Activity: 2212
Merit: 1008
June 10, 2019, 03:11:55 PM
Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
 Thank you.

It is believed that such a dump (although it was not a very big one) can be associated with the unusual and great activity of whales. 25 thousand BTC were transferred to the Coinbase Stock Exchange. However, no one is depressed, including crypto specials. It is believed that the bull run is still possible, and the bears have left us at least for this year.
full member
Activity: 588
Merit: 100
June 10, 2019, 02:47:37 PM
Who saw bart pattern on Bitcoin graph? I did! But it didn´t happen! We didn´t break important resistance so we are going up again, bull market confirmed. That means great market condition!
full member
Activity: 1316
Merit: 104
CitizenFinance.io
June 10, 2019, 01:43:31 PM
This is normal scenario in crypto space. This is just a sharp correction mostly called splash correction, the market is moving northward and might not look elsewhere until it get to 9800 - 10000 USD. So, there is no need to panic
jr. member
Activity: 854
Merit: 6
June 10, 2019, 01:40:49 PM
This goes to show how dynamic the market is, there is never continuous green neither is a continuous red, each happens at their time, just for smart person to take advantage of them, today the greens have appeared and it is profit to those that bought the red.
once again I am convinced that you need to learn to be a good trader because in this case, you do not care what color of the market is at the moment
member
Activity: 248
Merit: 11
June 10, 2019, 01:40:43 PM
don't be worry, this decrease is just market correction just wait and market will grow again.
as we know, market correction is happened before but in a moth market grow again so i think this time is same.
wait a month and price ready to increase again.
copper member
Activity: 308
Merit: 1
June 10, 2019, 01:31:37 PM
#99
This goes to show how dynamic the market is, there is never continuous green neither is a continuous red, each happens at their time, just for smart person to take advantage of them, today the greens have appeared and it is profit to those that bought the red.
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