Topic: Current Market state - page 2. (Read 812 times)

As we know if the government currently makes very strict rules on crypto trading, this has a profound effect on the crypto market situation where there is a decline caused by many investors who are resigning from the current crypto stock market that sells their coins in bulk. In my opinion this is very detrimental to the adopters of Bitcoin because of the declining market conditions, although the decline is a steady decline.

if in my opinion the current market situation is good enough to change because from the beginning of the year until now the market has been quite good at experiencing movement. so this year the market will get better and continue to rise

Yes, today we can still see prices continue to move very well on the market, so I am sure that prices at the moment are the beginning of a big movement for Bitcoin, because this year there will be a lot of good news to come, like Whatsapp that will use technology Blockchain.

if in my opinion the current market situation is good enough to change because from the beginning of the year until now the market has been quite good at experiencing movement. so this year the market will get better and continue to rise

as we know that the current market is very different from the market conditions that were at the time in 2017. because what I know of course is that there are certainly a lot of people who ask for bitcoin so of course it was different from last year both the movement and the demand.

The current state of the market can actually be described in two words: a "steady decline". Even some experts say that the same bitcoin could fall to 2500.

Current Market state

During last week the crypto market did not suffer a lot from the price fallout. Overall total market cap is $114 billion, nearly the same as a week ago.

Bitcoin had a tough week as the top coin slid 3.3% this week. The positive fact about Bitcoin is that it still holds itself close to USD 3500.

Ripple (XRP) still holds second place again with a market cap of $12,4 bln but Ethereum still stays in close vicinity. On the top, this week the prices of XRP were at USD 0.333835 and towards the bottom, it quoted USD 0.285888.

SWIFT Reveals Plans to Launch Proof-of-Concept With Blockchain Consortium R3 Major global banking payments network SWIFT announced plans this week to develop a Proof-of-Concept of a gateway that will let blockchain consortium R3 link to GPI (Global Payments Innovation) payments from their platform. According to SWIFT, users of the R3 platform will be able to authorize payments through the new GPI Link, settling GPI payments with the users’ banks, with the credit confirmation reported back to the trade platforms via GPI Link.

Iran Plans Release of Digital Currency With Aim to Avoid US Sanctions
Iran is soon planning to unveil its state-backed cryptocurrency, local sources reported this week. The so-dubbed crypto-rial would potentially serve as a way
for the country to sidestep sanctions, the most debilitating of which is the lack of access of most Iranian banks to the SWIFT payment system. Iran is also
currently reportedly in talks with eight countries to discuss the possibility of using cryptocurrency for financial transactions, but the local sources were unclear if it concerns crypto in general or a state-backed coin. Also this week, Iran released a draft of its crypto regulation plans, noting that some aspects of
crypto would be banned.

Read more news in ICObench Weekly Digest for the week #5 of 2019
➡️ https://icobench.com/digest?utm_source=report

Yes, we are all looking forward to a better market situation than in 2018, because this year prices are stable and very cheap, so the opportunity to go back up is big, so you still have to wait and see.

before starting to invest, investors should understand and understand all the risks that will be obtained in investing, one of which is the price or value cannot be credited with certainty of future developments if development is decreasing at this time we will not panic too much with this situation

as we know that the current market is very different from the market conditions that were at the time in 2017. because what I know of course is that there are certainly a lot of people who ask for bitcoin so of course it was different from last year both the movement and the demand.

Due to stricter rules by several countries related to Bitcoin trading, Bitcoin investors have significantly declined dramatically. Current conditions are inversely proportional to the Bitcoin conditions that occurred at the beginning of last year. So that there was a mass sale by several large investors, especially Bitcoin investors from China

The current market situation is quite different because there will be both positive and negative will field in this market

Re: Current Market state

We are in good vibe for this whole week, BTC has been stable to 4000 usd and is up by 10% since previous week. I think this week also we can see a substantial change.

The current market situation in my opinion is down so that we as bitcoin users must patiently wait for the value of bitcoin to rise again. Rest assured if someday bitcoin will rise and become high in value.