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Topic: Current Market state (Read 14201 times)

sr. member
Activity: 1288
Merit: 253
November 30, 2019, 02:16:47 PM
This year, bitcoin showed a good price increase only in the second quarter, increasing almost four times, however, altcoins reacted very weakly to this growth of bitcoin and this was quite unusual for the cryptocurrency market

Technically, that's not quite true

Most altcoins (Litecoin, Ethereum, EOS, etc) had also shown quite spectacular performance at first. In fact, they were massively outperforming Bitcoin for some time (e.g. Litecoin rose 7 times from its early 2019 lows). But then the correction started, and while for Bitcoin it was indeed a correction, for the rest of the pack it looked more like a painfully long panic sell (even though the altcoin market is still far from its yearly lows)
Spectacular price of litecoin and ethereum depend with how bitcoin can raise with higher price, but looking when bitcoin still down impossible we can get both coin above have higher price, many time altcoin suddenly have lower price after bitcoin back to lower price and will be hard get back to higher price again, many time we are looking with altcoin delist on exchange market because can back up again.
sr. member
Activity: 1512
Merit: 316
November 28, 2019, 02:28:16 PM
Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

Yes, it's pretty vague. However, according to the current market trends, it can be concluded that the market will continue to grow, the question is how much and when we will face the next correction. I think that the whole of 2019 will be a year of slow but steady growth.

One good thing is that if the market is little slow but steady for some time is also a good sign as when it rises very quickly then it falls also at the same pace so in such instances when slow and steady wins the race market also will keep on rising .
hero member
Activity: 2016
Merit: 540
Leading Crypto Sports Betting & Casino Platform
November 28, 2019, 11:09:17 AM
We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
.
it has become a risk in investing with cryptocurrency is very difficult to predict the development of cryptocurrency in the future and with confusing market conditions like now it requires confidence and patience in its investment and it's the main capital clever in utilizing every opportunity we will get

At current state, yes we can say full of uncertainty. But always remember that in times like this, an opportunity emerged. Now or if bitcoin continues to slow down, it is a great opportunity to accumulate or buy more. Halving is next yeAR, and once market recovers it will continue to grow before halving and months after it.
Nothing is uncertain with bitcoin. The present season is dump and a pump is on its way. During such times, the investors are supposed to increase their number of coins instead of doubting the potential of digital gold. Bitcoin has just started and has a long way to go. With the passage of time, the worth of this crypto coin will keep on increasing. By the next year, the price ill increase as halving is expected.
sr. member
Activity: 938
Merit: 251
November 28, 2019, 02:36:34 AM
Current Market state

During last week the crypto market had a surge in the price of cryptocurrencies that allowed major cryptocurrencies to gain significant momentum and recover from losses. In addition, the total market cap reached $121.3 billion during the last week.

ICObench Weekly Digest #6 is ready, here are the main quotation and insights:

1️⃣ QuadrigaCX is unable to access the company’s “cold wallet” funds on founders encrypted computer

2️⃣ BitTorrent token sales sells out in under 15 minutes, makes over $7 million

3️⃣ Facebook reportedly acquires blockchain startup

4️⃣ Venezuela’s new crypto legal framework

5️⃣ CoinGate enables native Ripple payment option for merchants

Weekly Digest #6 https://icobench.com/digest?utm_campaign=im2019wd06&utm_source=bitcointalk
The market today is quite confusing, we always thought that the things happening are all good and is starting to make us see that the market is already recovering. We cannot really be so complasant about it because a lot of things happen even just for a single day, it would be best if we secure our investment first before jumping into conclusion and being way too forward to celebrate, all these news can be tricky so we should always be on our mind and know that it is just for temporary.
Market today look not good for investing because always have lower price, I don't know what happen with crypto during few month later will faced with bitcoin halving time but crypto price was down, how ever many people excited waiting for bitcoin halving because give chance to bitcoin have higher price and altcoin back to higher too, but few months later for bitcoin halving price still down.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
November 27, 2019, 05:52:08 PM
We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
.
it has become a risk in investing with cryptocurrency is very difficult to predict the development of cryptocurrency in the future and with confusing market conditions like now it requires confidence and patience in its investment and it's the main capital clever in utilizing every opportunity we will get

At current state, yes we can say full of uncertainty. But always remember that in times like this, an opportunity emerged. Now or if bitcoin continues to slow down, it is a great opportunity to accumulate or buy more. Halving is next yeAR, and once market recovers it will continue to grow before halving and months after it.
Somehow there will be growth taking place with bitcoin, but rather than thinking about an emerging opportunity good is to understand the market. If I'm not wrong what we have been experiencing by now isn't something abnormal, this is how real growth of bitcoin takes place with time. There is nothing to think worse about the prevailing market.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
November 27, 2019, 01:25:25 PM
We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
.
it has become a risk in investing with cryptocurrency is very difficult to predict the development of cryptocurrency in the future and with confusing market conditions like now it requires confidence and patience in its investment and it's the main capital clever in utilizing every opportunity we will get

At current state, yes we can say full of uncertainty. But always remember that in times like this, an opportunity emerged. Now or if bitcoin continues to slow down, it is a great opportunity to accumulate or buy more. Halving is next yeAR, and once market recovers it will continue to grow before halving and months after it.
I honestly don’t really expect much about halving as major factor for the price to turn around though I am hopeful for other big news that would come like what would China do with Bitcoin and those who are mining it whether they could somehow negotiate these miners to lend their hash power with their newly soon to be released cryptocurrency. Will Argentina’s economic crisis would continue to interest people in amassing Bitcoin and would go to point where it would somehow become a significant factor for the price to rose up?
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 27, 2019, 10:38:44 AM
We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
.
it has become a risk in investing with cryptocurrency is very difficult to predict the development of cryptocurrency in the future and with confusing market conditions like now it requires confidence and patience in its investment and it's the main capital clever in utilizing every opportunity we will get

At current state, yes we can say full of uncertainty. But always remember that in times like this, an opportunity emerged. Now or if bitcoin continues to slow down, it is a great opportunity to accumulate or buy more. Halving is next yeAR, and once market recovers it will continue to grow before halving and months after it.
member
Activity: 464
Merit: 10
November 27, 2019, 08:12:59 AM
So much bad news on crypto at the start of year, but even if these news the bitcoin and other legit crypto not go so much down as maybe other people want to, and now is a good sign that grow and i think will keep growing and can reach over 8000$ in some weeks.
[/quote
The market is going down very badly, many investors have withdrawn capital and run to other markets, or they are still following the market but only invest in prestigious projects. If this is real news, it is a good news for cryptocurrency traders. Bitcoin has been through a crisis and recession year, it's time to get back on track, and the cryptocurrency will continue to grow.
sr. member
Activity: 756
Merit: 268
October 21, 2019, 07:24:34 PM
Current Market state

During last week the crypto market had a surge in the price of cryptocurrencies that allowed major cryptocurrencies to gain significant momentum and recover from losses. In addition, the total market cap reached $121.3 billion during the last week.

ICObench Weekly Digest #6 is ready, here are the main quotation and insights:

1️⃣ QuadrigaCX is unable to access the company’s “cold wallet” funds on founders encrypted computer

2️⃣ BitTorrent token sales sells out in under 15 minutes, makes over $7 million

3️⃣ Facebook reportedly acquires blockchain startup

4️⃣ Venezuela’s new crypto legal framework

5️⃣ CoinGate enables native Ripple payment option for merchants

Weekly Digest #6 https://icobench.com/digest?utm_campaign=im2019wd06&utm_source=bitcointalk
The market today is quite confusing, we always thought that the things happening are all good and is starting to make us see that the market is already recovering. We cannot really be so complasant about it because a lot of things happen even just for a single day, it would be best if we secure our investment first before jumping into conclusion and being way too forward to celebrate, all these news can be tricky so we should always be on our mind and know that it is just for temporary.
sr. member
Activity: 798
Merit: 250
BabelFish - FISH Token Sale at Sovryn
October 21, 2019, 07:22:24 PM
We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
.
it has become a risk in investing with cryptocurrency is very difficult to predict the development of cryptocurrency in the future and with confusing market conditions like now it requires confidence and patience in its investment and it's the main capital clever in utilizing every opportunity we will get

Yes, it is true that you say, when we enter the crypto trade, there must be a risk from time to time due to inflation in the crypto market. strategy and technical analysis are needed to deal with market conditions like this. we must remain patient when speculation is not as expected.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
October 21, 2019, 08:02:13 AM
We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
.
it has become a risk in investing with cryptocurrency is very difficult to predict the development of cryptocurrency in the future and with confusing market conditions like now it requires confidence and patience in its investment and it's the main capital clever in utilizing every opportunity we will get
There should always risk in every investments that we will make in the process. It is not that risky to invest in cryptocurrency if you know already what you are going to do. You should conduct a research first to identify the possible pros and cons of investing into some cryptocurrency that might lead you to realize the possible type of risk that you will be facing. It is about balancing and seeing the investment in a bigger picture to really see if it is worth it.
sr. member
Activity: 1148
Merit: 252
October 21, 2019, 05:39:17 AM
We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
.
it has become a risk in investing with cryptocurrency is very difficult to predict the development of cryptocurrency in the future and with confusing market conditions like now it requires confidence and patience in its investment and it's the main capital clever in utilizing every opportunity we will get
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
October 21, 2019, 04:33:57 AM
This year, bitcoin showed a good price increase only in the second quarter, increasing almost four times, however, altcoins reacted very weakly to this growth of bitcoin and this was quite unusual for the cryptocurrency market

Technically, that's not quite true

Most altcoins (Litecoin, Ethereum, EOS, etc) had also shown quite spectacular performance at first. In fact, they were massively outperforming Bitcoin for some time (e.g. Litecoin rose 7 times from its early 2019 lows). But then the correction started, and while for Bitcoin it was indeed a correction, for the rest of the pack it looked more like a painfully long panic sell (even though the altcoin market is still far from its yearly lows)
full member
Activity: 2352
Merit: 245
October 21, 2019, 12:39:09 AM
For a long time, the cryptocurrency market has practically stood still and this is not characteristic of such a market. Especially in the fourth quarter of the year, when usually at this time cryptocurrency traditionally grows in value. True, in the last two years, the market is more in stagnation or decline, especially for altcoins. This year, bitcoin showed a good price increase only in the second quarter, increasing almost four times, however, altcoins reacted very weakly to this growth of bitcoin and this was quite unusual for the cryptocurrency market.
Now we still expect a significant increase in the price of cryptocurrency, however, this market has recently been giving us some surprises.
full member
Activity: 546
Merit: 100
June 03, 2019, 04:40:46 PM
The price of bitcoin on the market today is very stable, and there can be two possibilities, namely a sharp decline and a sharp increase, so it requires a good understanding to analyze prices at this time so that we get profits and reduce losses.
member
Activity: 980
Merit: 62
June 03, 2019, 01:26:17 PM
The current state that we have to deal with during the last days seems promising to me.
I expected a stagnation of the market after all this rise and now many of the prices are corrected. I think that we are about to keep the upward trend if we don't see a sharp fall in the market cap during June.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
June 03, 2019, 09:54:39 AM
We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
.
jr. member
Activity: 203
Merit: 3
June 03, 2019, 09:44:28 AM
Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

The whole picture looks bright as no falls happen (at least remarkable decreases) for the last 2 months. Cryptocurrencies are climbing up since April 2019. I can guess that it will continue for long, at least 4-6 months more.
This is correct, I think that right now there is no opportunity for corrections, I think that now they will be with possible bullish rally, because the introduction of the BAKKT has brought many investors and buy bitcoins regardless of the price, since the volume has gone growing remarkably.

I think market is stable for some more weeks and than again another rally. I hope this will lead Btc to pass 9000 and Eth to pass 300.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
June 02, 2019, 12:20:53 PM
Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

The whole picture looks bright as no falls happen (at least remarkable decreases) for the last 2 months. Cryptocurrencies are climbing up since April 2019. I can guess that it will continue for long, at least 4-6 months more.
This is correct, I think that right now there is no opportunity for corrections, I think that now they will be with possible bullish rally, because the introduction of the BAKKT has brought many investors and buy bitcoins regardless of the price, since the volume has gone growing remarkably.
sr. member
Activity: 2156
Merit: 323
June 02, 2019, 10:41:10 AM
Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

The whole picture looks bright as no falls happen (at least remarkable decreases) for the last 2 months. Cryptocurrencies are climbing up since April 2019. I can guess that it will continue for long, at least 4-6 months more.
But, the price of Bitcoin fluctuates. In the wide sense falls happen doesn't imply that you lose your money. You still have the same amount of BTC You possibly lose if you intend to sale just because the price is falling. I have the same feeling though this market will go more straight forward.
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