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Topic: current situation of cryptocurrency for 2018 - page 14. (Read 3111 times)

full member
Activity: 696
Merit: 100
The current cryptocurrency situation are really ugly and many potential cryptocurrency investors are getting away from crypto because it is ugly.
legendary
Activity: 1302
Merit: 1037
Bearish was still happened in the market pal, most holders now are waiting for the bull run but the thing is no one knows when will be start or begin. Its kind of a feeling of sad and frustrating but we must stay firm on what we had started to belief in the altcoins we hold in term, sooner or later it be explode and bounce again.
Every time bitcoin tries to break the resistance, sellers are still blocking that way. Hodlers must not take profit easily, let's just wait for a strong bull run so we can enjoy a higher price at the end of 2018. The situation right now is still in a good position, but I hope to see bitcoin on its peak again.
Well, it is a normal thing and you have to understand that, currently, the stable movement you are seeing is because the bulls and the bears at the same time are at it, and in this case, may the strongest one win. It is understandable, that bears have taken over the market for a while now, and in this case, for bulls to be able to take it back, they will definitely have to put up a fight for it which is what we are seeing now.

At least, it is a good thing for people to understand that the market is still making so much attempt to want to break the upward resistance to have a change in uptrend, but we will sure just have to wait and see how things would be turning out.
hero member
Activity: 3010
Merit: 629
The graph shows the growth and fall of bitcoin, but if we compare the current price from the early state of it last year we can say this is not as bad as before. We are just seeing the price drastically fall because we are comparing the value in the last peak price.

There might be no bullrun for this year like what others are hoping but if you are aware how the crypto works you will understand the high volatility of the market that can lead for the prices to turns upside down.
sr. member
Activity: 1918
Merit: 370
Cryptocurrency for 2018 is not really good. The market price for bitcoin and other crypto in the market are free falling and does not play a major market price increase since the highest peak market price for bitcoin hit on last december 2017. Thus, I am looking for some reason on this why this happen to cryptocurrency market and the real situation for cryptocurrency.



Basing on the graph it seems that market price for bitcoin stabilizes and eventually fall. The investors were withdrawing their investments on bitcoin for a certain reason and that is the cryptocurrency regulations. The blog from advisor.lk which has been posted by their staff writer stated that the current state of the cryptocurrency is not so good for the current owners as the currencies free falling since January 2018. , The blog stating the multiple reason for this and thus reasons for the decreasing trend and the major factor considered to be the government regulations on the cryptocurrencies, due to the various regulations imposed by the Chinese, Japanese and Korean and other governments resulted in major steep fall of cryptocurrencies.

The blog were talking about also with the two reasons for the government regulations, one is cryptocurrencies lack intrinsic value and governments view private currencies as a threat to their sovereignty.

Probably we could not expect bull run for crypto in the year 2018. We should not hope and expect for it to happen.

Reference: http://blog.advisor.lk/wp/2018/04/12/crypto-currencies-what-is-the-current-situation/

You can see it as not good because it has fallen roughly from its all time high, but if you think creatively, the price of Bitcoin is still greater than the past price of it for the last 3 years.

Right, the price is still high even from the start of 2017. So for my own point of view, it is better to keep calm and wait for another bull run.

   One should note that its is the Market Volatility that makes the market crazy this past few months, it goes ups and drops again, but the most interesting part is Crypto remain stable on the market trading as posted, it recover after the market glitz, it is always dependent on the volume of investment made by the investors into the market. i am optimistic that something will happen before the end of 2018.??

hero member
Activity: 952
Merit: 500
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market

I believe in future government accept it and it become global currency also it will reduce the use of fiat too.
This is still long because nowadays the fact is that more and more countries are banning and in my opinion it will be a difficult thing to be accepted in the whole world. Bitcoin itself is also very volatile in price
sr. member
Activity: 714
Merit: 252
Actually you are comparing the graph against all the previous years Vs 2018 year. Thats not the right way to do it as it is generating the false information. With the time many things have changed and if you choose to compare the yearly graphs then you can see that they have some similar correlation between them. Most of them are having the free fall situation throughout the year. But have you ever seen or studied the aftermath of that? Well in every time they have risen to higher prices and they were recorded as ATH's. So its better to re-plot the graphs according to year basis or check it over the smaller scale then what you looking at.
newbie
Activity: 77
Merit: 0
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market

I believe in future government accept it and it become global currency also it will reduce the use of fiat too.
newbie
Activity: 74
Merit: 0
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market

There's some chances that bitcoin can be global in future. The reason is bitcoin is highly volatile and grow more than Gold silver and other cryptocurrencies.
newbie
Activity: 84
Merit: 0
Its hard expecting fast rising in 2018 except there is really good news in market. But i am believe cryptocurrency is good long term investment and i am believe its profitable investment. I am expecting 2019 will be good year for crypto market
I think bitcoin is now waiting mood. Its time to show highly patience with market. I would like to hold my coins as long i can do because soon the market will up.
full member
Activity: 532
Merit: 101
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market

Their is always more expectation of the growth of bitcoin that at least this year will increase. Were experiencing a bearish trends on bitcoin for long now. Well i think those who hopes for bitcoin to have a good thing can happen will stay in the market.
that's all bitcoiner's hope. Until the end of October bitcoin has remained stable, there has been no significant price increase. hope that until December price can go uphill. there is still 2 months for that
sr. member
Activity: 774
Merit: 250
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market

Their is always more expectation of the growth of bitcoin that at least this year will increase. Were experiencing a bearish trends on bitcoin for long now. Well i think those who hopes for bitcoin to have a good thing can happen will stay in the market.
hero member
Activity: 3052
Merit: 606
The year 2018 has actually had it very rough in cryptocurrency. But there is still hope. Maybe the remaining 3 months can make some difference.
I agree with you.
Right.We should all be hopeful despite of having seen the price market in a low price.I think instead of making stressed yourself thinking when will the price pump,let's make this chance to buy more bitcoins and hold them for future use.The price will surely make a high increase but that time is still uncertain.
full member
Activity: 759
Merit: 105
Could it possible that we would see a straight moving line again this year up until next year, just like what the chart looks like? I want to be an optimistic about of the market because i want the bull run and i'm so sick and tired of this bearish market. It's taking too long for the market to recover after that bull run and price correction last year.
full member
Activity: 434
Merit: 100
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market
full member
Activity: 2086
Merit: 193
Bearish was still happened in the market pal, most holders now are waiting for the bull run but the thing is no one knows when will be start or begin. Its kind of a feeling of sad and frustrating but we must stay firm on what we had started to belief in the altcoins we hold in term, sooner or later it be explode and bounce again.
Every time bitcoin tries to break the resistance, sellers are still blocking that way. Hodlers must not take profit easily, let's just wait for a strong bull run so we can enjoy a higher price at the end of 2018. The situation right now is still in a good position, but I hope to see bitcoin on its peak again.
full member
Activity: 476
Merit: 100
From what i see, the graph told me that the price of crypto currency (ie Bitcoin) was somewhat stable un the past few years. Then we see a suge volatility this year or two abd currently stopped at still high price. I think it is just the price correction from early this year. Bitcoin is still stronger than it did for the last 3 years and I'm cool with that.
hero member
Activity: 1092
Merit: 501
Its hard expecting fast rising in 2018 except there is really good news in market. But i am believe cryptocurrency is good long term investment and i am believe its profitable investment. I am expecting 2019 will be good year for crypto market
we should not think cryptocurrency give us profits in few moment.we've already see bitcoin developtment need years to reach its price right now.and maybe its happen to other coins to.
Something bigger takes time to happen, nothing happens with days or with months, you will have to keep patience and hold your investment for more than one year so then you will earn good income and your investment, investors has been waiting since long and now it is time to get the fruit of their patience, I am sure 2018 will end up with huge price of bitcoin.
member
Activity: 600
Merit: 10
I think that cryptocurrency is one of the best investments in the long run, because it sees the price of krypto increase, because with Krypto our economy becomes more developed, and can also help the lives of all people who have not received income. so they can invest in Krypto.
member
Activity: 490
Merit: 10
in my opinion there is a truth that we do not really hope there will be an increase by the end of 2018, maybe this year Crypto evolved and started a new page. whereas crypro can be a good opportunity with its blockchain that can be applied in various fields, for example in the published state tax fund flow system.
newbie
Activity: 6
Merit: 0
The year 2018 has actually had it very rough in cryptocurrency. But there is still hope. Maybe the remaining 3 months can make some difference.
I agree with you.
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