Cryptocurrency prices dropped again - page 4.

juragankambing

jr. member

Activity: 125

Merit: 1

Quote from: boyshx on October 21, 2018, 07:01:36 AM

Quote from: juragankambing on October 19, 2018, 05:19:05 AM

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

That was no way bull run but a way to secure the peoples money. I mean most of them used to rely over the USDT so that they can prevent their investments from going down. But when the news about the delisting came then it was like panic situation everywhere, leading peoples mindset to all new level where they thought they can now loose their money in the market. So now BTC was thought to be more and more secure place. Once the trading started against the BTC then it pumped naturally and thus caused the price rise.
Now it is good thing because people may not choose USDT due to its insecurities. Either they will keep it in BTC or may put it in ETH and pump it as well. Just like the old days.

so in your opinion this is a natural and frequent thing on cryptocurrency, where the popes take people's money when they are hit by panic when they hear about delisting USDT

ridho002

full member

Activity: 340

Merit: 100

Quote from: kliown on October 21, 2018, 03:03:16 PM

I think that the beginning of the bull market can happen in November. So far, the market is stable at the bottom, but this time it already shows itself to be really stable.

It looks like that the market is ready to starting pump up at any time, like a code for all traders. But it can be seen that there are still many people who do not believe that the pump should be started sooner, so there is no movement until now.

juragankambing

jr. member

Activity: 125

Merit: 1

Quote from: bartolo on October 19, 2018, 07:10:58 AM

Quote from: juragankambing on October 19, 2018, 05:19:05 AM

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

In reality, the Bitcoin price didn't rise that much, take into account that USDT is not the same as USD. The USDT price fell drastically, that's why the price of bitcoin was much higher compared to USDT but it barely increased slightly in relation to the dollar. As for the bull market, you will still have to wait some time.

until now I am still waiting for the day to arrive, but I am pessimistic if bullrun will arrive in the near future, if we look at current market conditions

juragankambing

jr. member

Activity: 125

Merit: 1

Quote from: Cryptoguru274 on October 19, 2018, 05:28:57 AM

Quote from: juragankambing on October 19, 2018, 05:19:05 AM

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

I think due to the persistent downtrend of the cryptocurrency market,it's very difficult these days to predict the market, however i strongly believe that the last quarter of the year is always a good period for a bull run.

Hopefully what you believe is true, so that you are not disappointed and still continue to be in a world full of surprises and uncertainties

hubballi

sr. member

Activity: 882

Merit: 297

Quote from: juragankambing on October 21, 2018, 03:12:48 PM

Quote from: Cryptoguru274 on October 19, 2018, 05:28:57 AM

Quote from: juragankambing on October 19, 2018, 05:19:05 AM

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

I think due to the persistent downtrend of the cryptocurrency market,it's very difficult these days to predict the market, however i strongly believe that the last quarter of the year is always a good period for a bull run.

The last quarter of this year is the last hope we have for this year, not only I also hope that bullrun will occur this year, but if we look at the current conditions I am rather pessimistic about whether bullrun will occur.

You cannot go with news as most of the the the market reacts opposite to the news. About bullrun this year it wont happen and next year also till half year their is no hope of market bull run. Still their is lot of correction and accumulation is going on.

juragankambing

jr. member

Activity: 125

Merit: 1

Quote from: Cryptoguru274 on October 19, 2018, 05:28:57 AM

Quote from: juragankambing on October 19, 2018, 05:19:05 AM

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

I think due to the persistent downtrend of the cryptocurrency market,it's very difficult these days to predict the market, however i strongly believe that the last quarter of the year is always a good period for a bull run.

The last quarter of this year is the last hope we have for this year, not only I also hope that bullrun will occur this year, but if we look at the current conditions I am rather pessimistic about whether bullrun will occur.

kliown

hero member

Activity: 1080

Merit: 500

I think that the beginning of the bull market can happen in November. So far, the market is stable at the bottom, but this time it already shows itself to be really stable.

ghermghuda

jr. member

Activity: 284

Merit: 5

As for me what i liked most about that is that there is still money in crypto. It seems many people have converted their money into tether and they're waiting for thennext price move before they join in. That's the reason why a lot of money came just some few hours after that FUD spread.

Cocoincos

member

Activity: 700

Merit: 12

it hard to keep calm in such situation on market, people waiting for big rise of all currencies, also thats my dream too)

drgomez89

member

Activity: 294

Merit: 26

★Bitvest.io★ Play Plinko or Invest!

We are in accumulation phase the free falling phase stopped this is a good Signal soon we Will see a bull run que have yo be prepared And gather as much as we can lol... This sound like a religious speech but.. i think crypto market its about faith also lol !! I think this more Stanley prices are a good time for investingvim the coming months

pedpedped101

jr. member

Activity: 552

Merit: 1

This teaches me that the coins works hand in hand and USDT drops and BTC goes to green is a good sign for the market and I'm expecting something great which means the bull market is expected soon. Checking on daily trades might not help in this situation but to wait and see what the market brings up next. In my own aspect I don't panic and profile is on the way as we all expected.

Sunyoto

member

Activity: 574

Merit: 10

I think now the price of bitcoin is also stable, and let's see in the coming months I think the price of bitcoin will be higher than the current price, because seeing the development of bitcoin every day also increases.

diouf67

full member

Activity: 260

Merit: 104

Quote from: juragankambing on October 19, 2018, 05:19:05 AM

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

The market is barely red, 1-2-3% either way is of little significance and should just be ignored, look for movements of at least 5% to begin drawing any significance, we'll know if we're going bullish or bearish when there's the next 10% or more price movement. I suspect that won't be for a while but will be bullish.

Lerikaweb

member

Activity: 392

Merit: 12

The Fourth Generation of Blockchain in DeFi

Quote from: juragankambing on October 19, 2018, 05:19:05 AM

a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?

It was a simple pump. A huge one, but still primitive. The thing is that I do not understand whether the whales were selling on top of the pump, which is bad, or they were buying an it resulted in a pump, which is good:)

castiloros

sr. member

Activity: 770

Merit: 250

bitcoin is not experiencing much change and even this only budged little from some previous value. Perhaps some news that exists does not affect the value of bitcoin in this time because even the values tend to be stable. up and down the price that there even was a regular in the State this time.

Lilly Valencia

newbie

Activity: 15

Merit: 1

Looking at the market it is apparent that the volatality is there but it is a normal thing. The market values for something crypto or otherwise will always have a increase or decrease in value, green ready to go, tomorrow red, brown or whatever. The thing to understand is the market values always change and people speculate by putting an estimate. The best course of action is to be patient because if it is bad now it won't be tomorrow.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: passwordnow on October 19, 2018, 05:21:50 AM

Just don't look at the daily charts and you'll look for possible answers why it is happening.

We are aware that this what volatility means, yesterday its good and green and by tomorrow it will be red and down, rinse and repeat.

Normal thing that do happen on this volatile market thats why i dont really hope for a bull run when i do see some instances or situations of price pumps.Its either it would be a spark up or just another fake out.
Not a new thing actually and i have seen it a hundred times already after all these years on crypto world.It can pump on matter of minutes or hours and it can dump in a short period of time which would
really confuse you if you do really tend to look actively on daily charts.

Fluxtorrence9

member

Activity: 336

Merit: 12

Yes market is pretty down again but come to think of it ,if we are to see any new bull run then we will witness a big down fall of red charts for the bull run to occur .all the same its nothing new sooner or later everything will work out fine ,always have this at the back of your mind that its not the first time and it won't be the last.

george_hured

full member

Activity: 644

Merit: 101

Today, the overall risk of investing in the cryptocurrency industry still remains and will remain because today many projects continue these project creation processes, which ultimately leads to a decrease in value.

andradwi

member

Activity: 219

Merit: 10

maybe this is influenced by fake projects, because now there are so many scam projects,
Be careful, they seem to have very good projects. but after they get investors and are not responsible. they don't care how people help him in his project so that investors are lazy to invest

Topic: Cryptocurrency prices dropped again - page 4. (Read 840 times)