Topic: Cryptocurrency market conditions. - page 9. (Read 1511 times)
To be exact, none knows for 100 percent sure that why the market goes up and down from time to time or in no time. Maybe there are some players that are the only reason behind such volatility of the market. Such players do this for their own benefits. Another reason is that it is natural for volatile cryptocurrency to increase and decrease from time to time.
Market fluctuations are common. No need to panic. You will decide what you want. If you are worried due to each spike,you'd better not to participate myself, and to give the traders. Work in the investment market requires calm, balance. Now there is a correction, while there is no big money in the market, the rate will be unstable.
according to me bitcointalk price fluctuate because of big whale dump and pump the bitcoin. But no-one Can predict The expect the next bitcoin movement.
My dear, it is not bitcointalk price. It is bitcoin price fluctuation. And price depends on how much bitcoins are dumped, how big the whale is not the factir here. After a steady climb price may go further down. I would say, correction before next leg up. Hopefully price will start climbing up soon.
according to me bitcointalk price fluctuate because of big whale dump and pump the bitcoin. But no-one Can predict The expect the next bitcoin movement.
why is the market experiencing a sharp decline.
Because the prices can't go up forever, at some point, someone will try to cash out some profits and dump their coins, or the market will see a correction after a huge uptrend, just normal behaviour in this market. If anything these sort of movements give the opportunity to smart investors to buy cheap before the next pump. Will the red color continue, or only for a moment and then change to green.
No matter how knowledgeable you are about the market, you can't exactly predict what the next movement is going to be. Anyone telling you that prices will go up or down is most likely making an educated guess, and it's up to you whether you want to believe them or not. 
Price correction I guess. But apart that traders are already gaining from buying at a price of less than $4k, they profited much when BTC price reached $8800 and so they have sold their BTC which brought its price down again. One thing that I have noticed though and you may find it funny because the listed of BTC2 on CMC made its price shoots the stars. Perhaps those guys meant to buy this coin.
yes, you are absolutely right my friend
corrections already coming, to delayed the growing market because a lot of traders already take their profit
just wait a litle bit more, because soon we will see the green market again
Price correction I guess. But apart that traders are already gaining from buying at a price of less than $4k, they profited much when BTC price reached $8800 and so they have sold their BTC which brought its price down again. One thing that I have noticed though and you may find it funny because the listed of BTC2 on CMC made its price shoots the stars. Perhaps those guys meant to buy this coin.
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 far I have heard/read that the price drop was due to a small manipulation. A whale sold around 25,160 BTC (the price was around $215 million during that time). This has caused a huge price drop. High chances the same person bought back most of the coins to make some quick profit out of it. The sudden drop has cause some panic among the investors, thus as of now we can see the price being quite unstable and jumping betweek $7,500 to & $7,900.Thank you.
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 far I have heard/read that the price drop was due to a small manipulation. A whale sold around 25,160 BTC (the price was around $215 million during that time). This has caused a huge price drop. High chances the same person bought back most of the coins to make some quick profit out of it. The sudden drop has cause some panic among the investors, thus as of now we can see the price being quite unstable and jumping betweek $7,500 to & $7,900. Thank you.
I also want to believe that the market in sideways trend. Last year, since June, the downward trend continued for several months. Now someone takes a profit. If they stop or new buyers appear that compensate sellers, the sideways trend will continue. But we know that in the summer business activity falls, and the need for money increases...
Let's believe in the best.
Let's believe in the best.
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.
Thank you.
now market in sideways trend my friend after the growth in few days ago
but, you don't have to worry with current situations,
because, i still believe crypto market will continue growing after this sideways trend buddy
I also think this happen because there are selled high amount of coins and this affect the price, i think a grow will happen later this year and we can try to get some more coins if price drop.
I think this is only temporary and in the next few days the market will return to green.
in fact there are many factors that make drastic price changes.
in fact there are many factors that make drastic price changes.
I think the red color is only a moment because it happened because of the post-sell increase. so don't worry about the current market situation, all of that will pass and will be in a good position.
I believe this have something to do with BTC decline. With the decline in value of BTC and not adjusting in BTC price of altcoin, it is obvious that we can see reds in the chart because chart is interpreted in USD Value not in Bitcoin value. Meaning 13k satoshi the other day when Bitcoin is at higher value in USD is more than the 13k satoshi today when bitcoin is at lower USD value.
This may be due to the holidays across many parts of the world, people are cashing out or selling their crypto to celebrate Eid with their friends and family which involves giving gifts, food treats and cash gifts as everything in Eid involves money so people need cash that is why they withdraw some out of their crypto investment, this is just my opinion and i think crypto market and bulls will be back from next week when eid celebrations and holidays will be over.
for the reason why the market is down, maybe because of the sec issue again and also the possibility of hacker attacks also having a little effect here besides the correction factor is also possible because before this the crypto market was pretty good, but in my opinion it won't last long and the market will continue to grow.
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.
Thank you.
I am not sure whether you came across the 45 millions USD worth of bitcoin has been sold by Justin sun to meet the warren buffet.
Apart from that I did not see any negative news about the crypto industry to see this strong decline at this marketplace.
We may expect the more value in coming days, never believe this negative trend.
This decline in the cryptocurrency market could be because investors are making investments in new coins, especially in the IEO, and traders are not buying in large quantities, so the potential for decline can be very visible today.
This is just result of someone selling huge amount of cryptocurrencies but no one can find when we are able to go green. But the prices are still better when we compare to the prices few months back so just be patient and the green days will come soon.
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