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Topic: Current Market state - page 6. (Read 812 times)

legendary
Activity: 2492
Merit: 1232
February 09, 2019, 05:24:36 AM
#51
snip-
But don't get excited though, it might be a bull trap for all we know.
For all pieces of advice that encountered that was most likely I am heard, probably a bull trap. Yes, it might be, but let's think positive vibes through bitcoin price spike on this time. There are many perspectives on how to look at the market price movement, some say it is manipulated by whales and others say to trigger the people in massive adoption on upcoming ETF and BKKT implementation or it is a normal fluctuation on cryptocurrency.
So, who knows? Well, let the time can tell about this.
hero member
Activity: 2842
Merit: 772
February 09, 2019, 05:14:56 AM
#50
The price of the bitcoin increased 7% today and I can say that it is a good progress for the bitcoin. There is a high possibility that the market will comeback to normal like 2 years ago. There are many investors like me who keep hoping that the cryptocurrency market will continue to become green.

This bear market situation is somehow similar way back year 2017. My colleagues and I have a strong feeling that the market will slowly recover in the middle of the year. And as of today, we are now seeing a bit of improvement in the market, and hopefully it will continue to increase little by little.

2017? As far as I know it was the start of the massive bull run that ended at the end of the year so I don't know what are you saying here.

Currently, we have seen the price spike up a little, and everyone has very happy to see the price pushing 7% daily as we have not seen this for such a long time.

But don't get excited though, it might be a bull trap for all we know.
copper member
Activity: 85
Merit: 0
February 09, 2019, 05:06:45 AM
#49
The price of the bitcoin increased 7% today and I can say that it is a good progress for the bitcoin. There is a high possibility that the market will comeback to normal like 2 years ago. There are many investors like me who keep hoping that the cryptocurrency market will continue to become green.

This bear market situation is somehow similar way back year 2017. My colleagues and I have a strong feeling that the market will slowly recover in the middle of the year. And as of today, we are now seeing a bit of improvement in the market, and hopefully it will continue to increase little by little.
sr. member
Activity: 1456
Merit: 359
February 09, 2019, 03:46:19 AM
#48
The price of the bitcoin increased 7% today and I can say that it is a good progress for the bitcoin. There is a high possibility that the market will comeback to normal like 2 years ago. There are many investors like me who keep hoping that the cryptocurrency market will continue to become green.
full member
Activity: 658
Merit: 102
February 08, 2019, 06:49:11 PM
#47
The bear market may still linger but there are some surge of prices from different coins recently and this includebitcoin, litecoin and ethereum. These price surges, especially the price of bitcoin, is due to some positive news in the bitcoin market and the possible approval of bitcoin ETF. I believe that the crypto market this year is not all bearish and it is better than the market situation last year.
member
Activity: 616
Merit: 11
February 08, 2019, 04:56:22 PM
#46
It seems that people here are not following the prices much. There was a serious spike in the markets today. After a period of no movement it suddenly hit the roof. Perhaps the Iranian government is starting to stockpile
sr. member
Activity: 2506
Merit: 368
February 08, 2019, 11:42:12 AM
#45
Yesterday all crypto was almost red, this situation was getting worse because we were in Q1 for the new year. regarding your statement about the plan to use crypto as a financial transaction, I think indeed the state will only support one coin that they support, and may not have a big impact on the overall market situation. unless they support 100% bitcoin.

The most significant problem right now that the market keeps falling is that we don't have any positive news with regards to the regulation system that countries establish and set barriers to the market. If there were some countries that would relieve their policies then people will start buying easier and bring some capitals in the market.


It is still awaiting and most likely if the country provides a good policy, a positive impact will be seen, but there are still many countries that remain in their position on crypto. The market remains red and this makes many investors more resilient and vacant.
I think many countries have planned to regulate cryptocurrency, like in my country. although not yet realized, at least this is a big step to include crypto into the stock market. if this is realized and followed by many countries it will certainly be a big movement and can have a positive impact.

Seeing this situation, indeed many countries are starting to plan good steps to be able to take a position on crypto. Government expectations and policies will be a positive attitude for crypto lovers and the public so as to be able to influence the crypto market.
the problem is if the government wants to adopt massive crypto it is very likely to experience a large market increase very easily, so the government does take great opportunities and good steps if in my opinion
I doubt that the government would do that since whales could actually manipulate the market. I wonder what kind of moves does the government would do because i think they already know that there are bigger whales waiting for them to eat if they tried to enter the market.
If there is another FUD because of Iran banning cryptocurrency we should expect a deeper bottom here.
member
Activity: 364
Merit: 10
FABA
February 08, 2019, 11:32:35 AM
#44

We cannot deny that a country's policy really influences the steps of the Bitcoin movement for the future and that is a fact, I believe the current market price is also caused by one of the government regulations.
I hope that the State can place its rules as fairly as possible against the use of Bitcoin so that it does not harm each other and bitcoin can become the future of the currency.
sr. member
Activity: 1400
Merit: 420
February 08, 2019, 09:31:34 AM
#43
I wonder why Iran need to avoid US sanctions and then suddenly I think it's because of war, no more no less. US are really using their power at their own interest that even this country that they are calling terrorist in their own perspective are getting bad in the eyes of the whole world but thanks to the revolutionary Blockchain, I'm not supporting the act of terrorist though but the conspiracy theory about the US versus the middle east is impacting me.

Maybe this Crypto-Rial will be next big thing, who knows...
sr. member
Activity: 1120
Merit: 256
February 08, 2019, 09:09:30 AM
#42
Yesterday all crypto was almost red, this situation was getting worse because we were in Q1 for the new year. regarding your statement about the plan to use crypto as a financial transaction, I think indeed the state will only support one coin that they support, and may not have a big impact on the overall market situation. unless they support 100% bitcoin.

The most significant problem right now that the market keeps falling is that we don't have any positive news with regards to the regulation system that countries establish and set barriers to the market. If there were some countries that would relieve their policies then people will start buying easier and bring some capitals in the market.


It is still awaiting and most likely if the country provides a good policy, a positive impact will be seen, but there are still many countries that remain in their position on crypto. The market remains red and this makes many investors more resilient and vacant.
I think many countries have planned to regulate cryptocurrency, like in my country. although not yet realized, at least this is a big step to include crypto into the stock market. if this is realized and followed by many countries it will certainly be a big movement and can have a positive impact.

Seeing this situation, indeed many countries are starting to plan good steps to be able to take a position on crypto. Government expectations and policies will be a positive attitude for crypto lovers and the public so as to be able to influence the crypto market.
the problem is if the government wants to adopt massive crypto it is very likely to experience a large market increase very easily, so the government does take great opportunities and good steps if in my opinion
member
Activity: 350
Merit: 10
February 08, 2019, 08:01:00 AM
#41
for me, the current market situation also doesn't really show a good trend, but I will patiently wait for a better price increase, so I will also make a lot of profits with market prices recovering.
full member
Activity: 462
Merit: 100
February 08, 2019, 07:30:46 AM
#40
Yesterday all crypto was almost red, this situation was getting worse because we were in Q1 for the new year. regarding your statement about the plan to use crypto as a financial transaction, I think indeed the state will only support one coin that they support, and may not have a big impact on the overall market situation. unless they support 100% bitcoin.

The most significant problem right now that the market keeps falling is that we don't have any positive news with regards to the regulation system that countries establish and set barriers to the market. If there were some countries that would relieve their policies then people will start buying easier and bring some capitals in the market.


It is still awaiting and most likely if the country provides a good policy, a positive impact will be seen, but there are still many countries that remain in their position on crypto. The market remains red and this makes many investors more resilient and vacant.
I think many countries have planned to regulate cryptocurrency, like in my country. although not yet realized, at least this is a big step to include crypto into the stock market. if this is realized and followed by many countries it will certainly be a big movement and can have a positive impact.

Seeing this situation, indeed many countries are starting to plan good steps to be able to take a position on crypto. Government expectations and policies will be a positive attitude for crypto lovers and the public so as to be able to influence the crypto market.
sr. member
Activity: 1344
Merit: 253
February 07, 2019, 10:25:41 PM
#39
Yesterday all crypto was almost red, this situation was getting worse because we were in Q1 for the new year. regarding your statement about the plan to use crypto as a financial transaction, I think indeed the state will only support one coin that they support, and may not have a big impact on the overall market situation. unless they support 100% bitcoin.

The most significant problem right now that the market keeps falling is that we don't have any positive news with regards to the regulation system that countries establish and set barriers to the market. If there were some countries that would relieve their policies then people will start buying easier and bring some capitals in the market.


It is still awaiting and most likely if the country provides a good policy, a positive impact will be seen, but there are still many countries that remain in their position on crypto. The market remains red and this makes many investors more resilient and vacant.
I think many countries have planned to regulate cryptocurrency, like in my country. although not yet realized, at least this is a big step to include crypto into the stock market. if this is realized and followed by many countries it will certainly be a big movement and can have a positive impact.
member
Activity: 434
Merit: 10
February 07, 2019, 10:07:38 PM
#38
Yesterday all crypto was almost red, this situation was getting worse because we were in Q1 for the new year. regarding your statement about the plan to use crypto as a financial transaction, I think indeed the state will only support one coin that they support, and may not have a big impact on the overall market situation. unless they support 100% bitcoin.

The most significant problem right now that the market keeps falling is that we don't have any positive news with regards to the regulation system that countries establish and set barriers to the market. If there were some countries that would relieve their policies then people will start buying easier and bring some capitals in the market.


It is still awaiting and most likely if the country provides a good policy, a positive impact will be seen, but there are still many countries that remain in their position on crypto. The market remains red and this makes many investors more resilient and vacant.
newbie
Activity: 19
Merit: 0
February 07, 2019, 12:16:26 PM
#37
Movement is good, although the market is still relatively red many are green, although the increase is small but will improve slowly.
Slowly investors return to crypto activities and create an improved market.
You're wrong. Now the market is still suffering from bearers and does not plan to soar upwards. Moreover, everyone is just “waiting” and no one is investing.
jr. member
Activity: 336
Merit: 1
February 07, 2019, 12:03:14 PM
#36
Movement is good, although the market is still relatively red many are green, although the increase is small but will improve slowly.
Slowly investors return to crypto activities and create an improved market.
member
Activity: 980
Merit: 62
February 07, 2019, 11:08:46 AM
#35
Yesterday all crypto was almost red, this situation was getting worse because we were in Q1 for the new year. regarding your statement about the plan to use crypto as a financial transaction, I think indeed the state will only support one coin that they support, and may not have a big impact on the overall market situation. unless they support 100% bitcoin.

The most significant problem right now that the market keeps falling is that we don't have any positive news with regards to the regulation system that countries establish and set barriers to the market. If there were some countries that would relieve their policies then people will start buying easier and bring some capitals in the market.
sr. member
Activity: 994
Merit: 251
Betking.io - Best Bitcoin Casino
February 07, 2019, 10:29:21 AM
#34
In my opinion the current market conditions are indeed down, considering the price of bitcoin is lower than in previous years. But I'm sure if bitcoin will be at its highest peak if we want to be more patient again.
but if in my opinion this year the market did not experience a decline because from the beginning of the year until now the market has begun to have good changes. so this year seems like a very good year for the market
member
Activity: 251
Merit: 10
February 07, 2019, 10:05:54 AM
#33
If Bitcoin keeps hovering the 3,500 or 3,000 then potentially it can easily be drag down if it break outs lets hope for a miracle, I don’t wan’t to be negative but I guess this is a long bear battle for all of us long term holders except for swing traders.
of course it will not be possible, bitcoin will not always be at that nominal value, because as we know the cryptocurrency market movements are very fluctuating and may not always remain at a low price. for now the bitcoin price movement is undergoing a big correction long enough so that there is a possibility that price movements can increase again in a long time
newbie
Activity: 283
Merit: 0
February 07, 2019, 08:52:43 AM
#32
In my opinion the current market conditions are indeed down, considering the price of bitcoin is lower than in previous years. But I'm sure if bitcoin will be at its highest peak if we want to be more patient again.
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