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Topic: Current status of the crypto market (Read 570 times)

sr. member
Activity: 2016
Merit: 283
June 06, 2018, 04:49:13 AM
#53

Crypto market is sure to grow and return stable, currently the market is down but not forever. Be patient, and hold the bitcoin for now, because the next few months the price will definitely improve.
yes of course 'cause all of this scenario that always happened in the market is just a temporary , which is even there's a worst situation there's a tends always to stabilize again and again and it will never die like what others predictions . So much better to put more patience and efforts on it instead of worrying about the circumstances 'cause you will become greedy if you always monitoring the price time on time.
full member
Activity: 363
Merit: 101
June 06, 2018, 01:49:09 AM
#52
Current status of the crypto market is not good.If the bitcoin price is stable,surely it made the new investors panic.Which in cause reduce the price further.We know,when huge people sell their bitcoin with panic,the price is automatically fluctuate huge and oscillating at certain value.
I have a different opinion in my mind about the current market. I am seeing that the current market of crypto is good. I like the stability and I have an opinion that people do not sell when the market is stable that is why I am saying good to the stable market. If the market is stable then people think for better and they sell their coins only when they see a drop in the market.
So in this time no one will sell their coins and the market will not drop with that situation. Now the month of June is started and this month is expected as a best month for a rally start up. It is expected that after now some better events will come for bitcoin and the price of it will now start to increase with a good speed.
Crypto market is going well these days as the price is following the increase trend and constantly growing in the current situation but the price is below 10k dollar and this price is still affordable and is a favorable market for buyers now investment in this market will payoff later in the green market. The graph of demand vs price is following a little regular increase, if this continues to grow then we will be standing in a favorable market of high value soon.
sr. member
Activity: 952
Merit: 251
June 05, 2018, 03:58:11 PM
#51
Current status of the crypto market is not good.If the bitcoin price is stable,surely it made the new investors panic.Which in cause reduce the price further.We know,when huge people sell their bitcoin with panic,the price is automatically fluctuate huge and oscillating at certain value.
I have a different opinion in my mind about the current market. I am seeing that the current market of crypto is good. I like the stability and I have an opinion that people do not sell when the market is stable that is why I am saying good to the stable market. If the market is stable then people think for better and they sell their coins only when they see a drop in the market.
So in this time no one will sell their coins and the market will not drop with that situation. Now the month of June is started and this month is expected as a best month for a rally start up. It is expected that after now some better events will come for bitcoin and the price of it will now start to increase with a good speed.
The current status of the crypto market is favorable and a moment of joy for the crypto investors as there have observed a constant increase in the value of Bitcoin and besides that the market is still achievable to get the coins on low price as the market is still under 10k dollar. The real time is now and never misses this opportunity because if you do not invest then you will miss this time in the green market.
sr. member
Activity: 798
Merit: 268
June 03, 2018, 06:32:05 PM
#50
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Crypto market is sure to grow and return stable, currently the market is down but not forever. Be patient, and hold the bitcoin for now, because the next few months the price will definitely improve.
Collapse is not applicable in crypto ,some coins might lose their value but crypto will never be since its new adoption might help some country in their innovations

We don't know yet but of course we all want cryptocurrency to survive all the challenges so our investments will be worth it in the future. This market will grow more in the coming months and years, I don't see crypto to die even some countries banned cryptocurrency. This is a good innovation and a great opportunity for everyone to have some decent profit.
jr. member
Activity: 386
Merit: 1
June 03, 2018, 04:23:24 PM
#49
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Crypto market is sure to grow and return stable, currently the market is down but not forever. Be patient, and hold the bitcoin for now, because the next few months the price will definitely improve.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
June 03, 2018, 08:38:46 AM
#48
Last week ago the price of the cyrptos decrease because there's a lot of people who sell thier bitcoins .  If the price of the bitcoin dump they affected too is the altcoins. But if you look the price now is slowly increasing again and this month they will pump more the price again.
yeah, it looks like in the near future we'll soon see prices back above $ 8,000. the price on the graph is now slowly starting to show progress and improvement quite well, after rising 0.80% a few hours ago, the price is now being lodged at $ 7,647, right you think the market will continue to pump up prices and prices will continue to increase again in this June.
Yes, absolutely right. Based on the current situation in cryptomarket, bitcoin price is slowly recovering. Though it had recently gone a downtrend price from 9K$ to 7K$, I still believe that bitcoin can make it to grow back again with bigger price in the future.

Better hope there won't be any negative news or fud coming since we all know how this recovery trend can turn around in an instant with a single bad news. The market is recovering pretty decently and hopefully you are right :p
newbie
Activity: 166
Merit: 0
June 02, 2018, 08:57:51 AM
#47
Last week ago the price of the cyrptos decrease because there's a lot of people who sell thier bitcoins .  If the price of the bitcoin dump they affected too is the altcoins. But if you look the price now is slowly increasing again and this month they will pump more the price again.
yeah, it looks like in the near future we'll soon see prices back above $ 8,000. the price on the graph is now slowly starting to show progress and improvement quite well, after rising 0.80% a few hours ago, the price is now being lodged at $ 7,647, right you think the market will continue to pump up prices and prices will continue to increase again in this June.
Yes, absolutely right. Based on the current situation in cryptomarket, bitcoin price is slowly recovering. Though it had recently gone a downtrend price from 9K$ to 7K$, I still believe that bitcoin can make it to grow back again with bigger price in the future.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
June 02, 2018, 07:59:57 AM
#46
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Currently the market is very falling and most of the bitcoin holders are panicking for now, for the near future I think the market will stay like this, but for the future I think bitcoin can go up higher, so be patient.

Its easy to people to panic without realizing the real value of a coin, bitcoin is great and the market will recover soon. We are currently in unstable market but you have nothing to worry about because in long run market will be more valuable. Those who sold at lose will regret that decision and buy back at the higher price.
member
Activity: 525
Merit: 10
June 02, 2018, 06:30:15 AM
#45
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Currently the market is very falling and most of the bitcoin holders are panicking for now, for the near future I think the market will stay like this, but for the future I think bitcoin can go up higher, so be patient.
full member
Activity: 644
Merit: 107
June 02, 2018, 04:17:12 AM
#44
Last week ago the price of the cyrptos decrease because there's a lot of people who sell thier bitcoins .  If the price of the bitcoin dump they affected too is the altcoins. But if you look the price now is slowly increasing again and this month they will pump more the price again.
yeah, it looks like in the near future we'll soon see prices back above $ 8,000. the price on the graph is now slowly starting to show progress and improvement quite well, after rising 0.80% a few hours ago, the price is now being lodged at $ 7,647, right you think the market will continue to pump up prices and prices will continue to increase again in this June.
sr. member
Activity: 532
Merit: 250
June 01, 2018, 11:37:08 PM
#43
Current status of the crypto market is not good.If the bitcoin price is stable,surely it made the new investors panic.Which in cause reduce the price further.We know,when huge people sell their bitcoin with panic,the price is automatically fluctuate huge and oscillating at certain value.
I have a different opinion in my mind about the current market. I am seeing that the current market of crypto is good. I like the stability and I have an opinion that people do not sell when the market is stable that is why I am saying good to the stable market. If the market is stable then people think for better and they sell their coins only when they see a drop in the market.
So in this time no one will sell their coins and the market will not drop with that situation. Now the month of June is started and this month is expected as a best month for a rally start up. It is expected that after now some better events will come for bitcoin and the price of it will now start to increase with a good speed.
it is true that you are saying that the current market situation is stable, therefore in the hope that many people in the crypto market juvenile may experience coins on coin coins such as bitcoin and other altcoin coins
newbie
Activity: 149
Merit: 0
June 01, 2018, 10:51:13 PM
#42
Now crypto market is little bit down. I think next support for bitcoin will be 6000 and then go up to 1000 but the only thing we can do at this moment is just watch.
Many are speculating that the current market situation for the cryptocurrencies specially bitcoin is unstsble and are being manipulated.  If only those greedy investors will stop doing this we could really see the real growth and capacity of bitcoin. But people are simply greedy and will do anything it takes to outwit and accomulate everything he can grab. Truely man has no satisfaction only greed and dark character.
member
Activity: 238
Merit: 15
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June 01, 2018, 10:00:37 PM
#41
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
As we see the price of bitcoin on the market was so dump and i think this is the biggest collapse compare to last year, for me there's no sign of pump yet. so we better to wait because sooner or later the proce of bitcoin getting recovery before the year end. so be patient and looking forward on it. good luck to us.
hero member
Activity: 826
Merit: 502
June 01, 2018, 06:59:05 PM
#40
Current status of the crypto market is not good.If the bitcoin price is stable,surely it made the new investors panic.Which in cause reduce the price further.We know,when huge people sell their bitcoin with panic,the price is automatically fluctuate huge and oscillating at certain value.
I have a different opinion in my mind about the current market. I am seeing that the current market of crypto is good. I like the stability and I have an opinion that people do not sell when the market is stable that is why I am saying good to the stable market. If the market is stable then people think for better and they sell their coins only when they see a drop in the market.
So in this time no one will sell their coins and the market will not drop with that situation. Now the month of June is started and this month is expected as a best month for a rally start up. It is expected that after now some better events will come for bitcoin and the price of it will now start to increase with a good speed.
sr. member
Activity: 1274
Merit: 263
June 01, 2018, 06:04:40 PM
#39
Last week ago the price of the cyrptos decrease because there's a lot of people who sell thier bitcoins .  If the price of the bitcoin dump they affected too is the altcoins. But if you look the price now is slowly increasing again and this month they will pump more the price again.
sr. member
Activity: 1313
Merit: 302
June 01, 2018, 05:35:34 PM
#38
Current status of the crypto market is not good.If the bitcoin price is stable,surely it made the new investors panic.Which in cause reduce the price further.We know,when huge people sell their bitcoin with panic,the price is automatically fluctuate huge and oscillating at certain value.
legendary
Activity: 1232
Merit: 1091
June 01, 2018, 04:45:24 PM
#37
For now the market is being bad and currently holding is the best option, as the market is sure to return stable and the value of crypto coins will increase again.

The market isn't bad at all, people calling the market bad just don't know what they are talking about. If there is nothing for the market to go up for, then why should it go up? All developments in the background are currently priced in already, which means that if we actually want to get out of current cycle, something pretty big is needed to move the market, and then we still don't know if it's enough to break through the $10,000 level. The only thing that makes sense in current market from an investor point of view, is to be on board and patiently wait for the market to move -- just make sure you have enough fiat aside for when the price goes down a notch or two.
sr. member
Activity: 602
Merit: 255
June 01, 2018, 04:39:05 PM
#36
Every year we had huge raise in bitcoin and altcoin price at the month of June.Today is day one of June,in a week we can hope the huge raise in the price of bitcoin.Current state of the market shows ,the price of bitcoin attain stable at 7500$.Once it reach 10,000$,there is nothing dump to 7500$.
newbie
Activity: 275
Merit: 0
June 01, 2018, 04:33:20 PM
#35
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

For now the market is being bad and currently holding is the best option, as the market is sure to return stable and the value of crypto coins will increase again.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
June 01, 2018, 12:28:39 PM
#34
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
The ups and downs of the price of bitcoin is normal. We have seen this numerous time and now we take it quite naturally. Just look at the history and the charts. The prices were always down during the starting of the year and starts to go up during mid year and skyrockets at the end.
Its really sad that people are comparing the potential of a coin with its price. The potential and value of the coin is not related at all!
sr. member
Activity: 533
Merit: 251
Streamity Decentralized cryptocurrency exchange
June 01, 2018, 11:39:22 AM
#33
There is nothing to worry market keeps making itself go up and down by trying out new limits. This means good but it seems like people are too scared off. Be patient my friends, bitcoin is good..
sr. member
Activity: 714
Merit: 260
June 01, 2018, 11:35:48 AM
#32
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Ups and downs are necessary for the market to make traders alive and working. So hopefully market will get better soon. You must notice that in this collapse there were some crypto currencies that were/are doing very well. MTC and LOC are among these crypto currencies.
This ups and downs are reason to tell that the market is healthy and competitive,because if this continuously growing then what will happen to our community?there must be sacrificial for someone to earn,and this is the market nature.

I remember the very moment thatbi enter crypto,this kind of topic has been always asked thats why im immune now,and keeping strong to hold and wait for my profit
hero member
Activity: 1946
Merit: 502
June 01, 2018, 10:24:37 AM
#31
The market is still bleeding and no one knows when it will stop. Bears are the ones dominating ,bitcoin is still holding at $7000 and hoping it will bounce back to $8000, for now i leave it to the whales.
full member
Activity: 644
Merit: 107
June 01, 2018, 08:03:12 AM
#30
I see the current market is still in a bearish trend and is trying to move up again. from the last few hours bitcoin value has shown a pretty good increase and now bitcoin is priced at $ 7,557 and followed by ethereum for $ 573 after having increased 0.04% from the last 24 hours. litecoins and ripples are still slightly down, I think that in June we will soon see prices return to normal and green as they did a few months before.
jr. member
Activity: 49
Merit: 2
June 01, 2018, 07:48:46 AM
#29
Hello ..
I think the current market status is going on normally. About an hour ago, the market was very crowded by people person
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
June 01, 2018, 06:58:32 AM
#28
These are the dark times i guess. These is where cryptomarket struggles to get on peak again. Even though it gets our investment bloody low, i would consider it as a normal drop always. Just imagine those months with consecutive ups, it still happen now but vice versa.
Everything is our perspective if you think it is negative this always maintain a downtrend. But many peoples are investing continuously because this is the right time to invest in Bitcoin all the coins are going to peak in end of the year so don't miss the chance this month also it will reach more than 9k USD is possible in Crypto market.
sr. member
Activity: 572
Merit: 250
June 01, 2018, 05:25:28 AM
#27
It is supposed that the current crisis in Italy and the fear from Europe is making the cryptos market up today. While I think it is a possible reason, I am surprised we can see the result on the market so fast.
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially

yes i saw that too.
and because of that we are making a breakout(i have no idea it's the real one or another fake breakout).
right now 1H candle show us a bullish sign,and we are waiting for 6H to form up another bullish sign.

again do not believe it 100% because something like this happened many times before.
The current status of the crypto market is going good. Lets take Bitcoin which is the most valuable currency in the market, the value is stable below 10k dollar and this stable price is from 2 months round about. We should take advantage of this table price and have the opportunity to put our investment here, the price will regularly raise up if we start investment in Bitcoin regularly.
legendary
Activity: 1204
Merit: 1028
May 30, 2018, 04:52:34 AM
#26
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
The current status of the crypto market favors the people to invest now because the current market price of Bitcoin is low and investment is this case is affordable and achievable for an ordinary person, investors of good capital can invest easily anywhere and anytime but besides a rich investor Bitcoin provides a favorable market for ordinary people to invest in a low market and to get coins in large quantity.
hero member
Activity: 1666
Merit: 753
May 29, 2018, 11:14:43 PM
#25
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Bitcoin did have dramatic fall from $20k to $6k. There were actually some small pumps along the way, but no major trend changes since resistance at $10k is just too great.

I don't think that we're showing signs of recovery right now, or at least just yet.

It's very likely that we're going to be in an overall sluggish market for at least a few more months. Of course, we are going to consolidate before the recovery happens. And I don't think that the current level of $7k-8k per BTC is necessarily the lowest point we're going to hit within this bear market, before the recovery comes underway.

So I'm going to say, to the best of my knowledge and even though I'm a long term bitcoin bull, prices are going to continue to move sideways or potentially a bit downwards for at least until December this year.
sr. member
Activity: 719
Merit: 250
May 29, 2018, 11:07:18 PM
#24
These are the dark times i guess. These is where cryptomarket struggles to get on peak again. Even though it gets our investment bloody low, i would consider it as a normal drop always. Just imagine those months with consecutive ups, it still happen now but vice versa.
I believe this is just normal in crypto that their is bloody and green marks as always. These previous months has been down in crypto but I am up to the point of holding and believing that this status is just temporary.
full member
Activity: 1303
Merit: 128
May 29, 2018, 07:21:24 PM
#23
These are the dark times i guess. These is where cryptomarket struggles to get on peak again. Even though it gets our investment bloody low, i would consider it as a normal drop always. Just imagine those months with consecutive ups, it still happen now but vice versa.
full member
Activity: 742
Merit: 144
May 29, 2018, 03:58:24 PM
#22
Right now the price has been growing little by little with most of the assets being marked with the green indication. In specific I believe this will continue with the upcoming month. Hope, the month June will be a big month for Cryptocurrency this year.

I see a big bounce within one day in some altcoins and I really think if bitcoin continues to pump this way we can now see a short pump for some altcoins and yeah this can be the beggining of a great bull trend again. We should be happy to some coins can bounce after the dump, and hope that this is not a bull trap.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
May 29, 2018, 03:50:05 PM
#21
Right now the price has been growing little by little with most of the assets being marked with the green indication. In specific I believe this will continue with the upcoming month. Hope, the month June will be a big month for Cryptocurrency this year.
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
May 29, 2018, 03:38:16 PM
#20
It is supposed that the current crisis in Italy and the fear from Europe is making the cryptos market up today. While I think it is a possible reason, I am surprised we can see the result on the market so fast.
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially

yes i saw that too.
and because of that we are making a breakout(i have no idea it's the real one or another fake breakout).
right now 1H candle show us a bullish sign,and we are waiting for 6H to form up another bullish sign.

again do not believe it 100% because something like this happened many times before.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
May 29, 2018, 02:29:19 PM
#19
It is supposed that the current crisis in Italy and the fear from Europe is making the cryptos market up today. While I think it is a possible reason, I am surprised we can see the result on the market so fast.
Where are they guys since, sleeping? Because Italy is a country in agony since long ago and Europe won't be able to help them financially
newbie
Activity: 9
Merit: 0
May 29, 2018, 01:17:49 PM
#18
This conversation is getting highly interesting. What do you see as the main forces which lead to the current downfall?
hero member
Activity: 2212
Merit: 670
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May 29, 2018, 01:16:26 PM
#17
There are no signs that the price of bitcoin will bounce up in the near future. I think the bitcoin price will last only in the range of $ 7k to $ 8k long enough.
newbie
Activity: 9
Merit: 0
May 29, 2018, 01:09:00 PM
#16
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Ups and downs are necessary for the market to make traders alive and working. So hopefully market will get better soon. You must notice that in this collapse there were some crypto currencies that were/are doing very well. MTC and LOC are among these crypto currencies.

How long do you think will it take to fully recover from the current downfall? I'm referring to BTC and ETH. I know it is hard to predict but with your expertise can you predict any period of time?
member
Activity: 350
Merit: 11
May 28, 2018, 07:48:51 AM
#15
OP, in my opinion the recovery will take 2 more years then the Bitcoin market will start to become bullish again, maybe shortly after the halving.

I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.

No way we are going bear or just sideways for that long!!I mean nothing is impossible, but the chances for that to happen are extremely low imo.
The fundamentals are way too bullish, regarding Bitcoin, and if the whales are manipulating the price, suppressing it, they can not do it for about 2 years, I doubt it. Sooner or later the pressure to go up again will be so huge, that they gotta have to let it go.

I know I might be wrong by more than 50% of the time. But that is the only way I can see Bitcoin reaching the previous high and break it.

Maybe it could also happen months before the halvening in anticipation of the pump caused by the halvening. There, less than two years. Hahaha.

Pursuer also made a good post. 
I really agree that we do not always have a thought when the price goes up is a price that leads to stability but it is proof that users start to add we do not know whether to go back up or even can fall back like the previous week.
legendary
Activity: 2898
Merit: 1823
May 28, 2018, 12:46:41 AM
#14
OP, in my opinion the recovery will take 2 more years then the Bitcoin market will start to become bullish again, maybe shortly after the halving.

I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.

No way we are going bear or just sideways for that long!!I mean nothing is impossible, but the chances for that to happen are extremely low imo.
The fundamentals are way too bullish, regarding Bitcoin, and if the whales are manipulating the price, suppressing it, they can not do it for about 2 years, I doubt it. Sooner or later the pressure to go up again will be so huge, that they gotta have to let it go.

I know I might be wrong by more than 50% of the time. But that is the only way I can see Bitcoin reaching the previous high and break it.

Maybe it could also happen months before the halvening in anticipation of the pump caused by the halvening. There, less than two years. Hahaha.

Pursuer also made a good post. 
sr. member
Activity: 1400
Merit: 347
May 27, 2018, 05:53:59 PM
#13
No, we will be down for a very long time, something around 12-16 months.

Price can go as low as $3000, as the Cartel is doing all it can to throw people out of it.
legendary
Activity: 2730
Merit: 1288
May 27, 2018, 04:30:15 PM
#12
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?


We are past bubblepop phase in Bitcoin. Price will stay close to where it is going up a bit and down a bit. But more down then up. This situation will probably going on for most of next year. Only after that we will start seeing growth.
hero member
Activity: 3080
Merit: 603
May 27, 2018, 04:22:30 PM
#11
Now crypto market is little bit down.
It's not only little bit down but it's totally down and now far from the market before.
will it grow back to the full potential it has shown a few months back or even more?
Definitely it will, don't doubt bitcoin from the value of nothing to something. This is the best cryptocurrency and has performed for the past years even though there are also bad years for it. Eventually it has recovered from those bad years.
full member
Activity: 966
Merit: 153
May 27, 2018, 02:50:53 PM
#11
It's likely that it will go back to it former state and keeps on pumping even if we see a gradually pumping, it's a huge progress. But on the issue of bitcoin price stabilizing as you mentioned,  I don't think it will happen.  It's quiet difficult to see the price of bitcoin been on static state. It's just in it nature to always fluctuate. And this fluctuations is as a result of constant buying and selling in the market.
full member
Activity: 462
Merit: 100
May 27, 2018, 01:59:54 PM
#10
It seems like the market fluctuate in this way, a crash to $4000 or a bull run to $20000 again is simply speculation, the market is very realistic right now, rather than people's thoughts I look at actual prices.
sr. member
Activity: 490
Merit: 280
May 27, 2018, 10:35:17 AM
#9
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

I don't hold too strong of an opinion, since it's pretty hard to be confident about something like this. But from my experience witnessing all of the big bitcoin bubbles or boom/bust cycles, whatever you want to call them, I suspect we're settling in for a long quiet period again. Perhaps down minor bleed off for a while or smaller rises and dips. I think it's pretty unlikely that 2017 is going to repeat itself anytime soon. Just the fact that this boom cycle lasted for such a long period of time was absolutely amazing. Normally it was over much quicker than that.
legendary
Activity: 1442
Merit: 1016
May 27, 2018, 08:59:29 AM
#8
OP, in my opinion the recovery will take 2 more years then the Bitcoin market will start to become bullish again, maybe shortly after the halving.

I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.

No way we are going bear or just sideways for that long!!I mean nothing is impossible, but the chances for that to happen are extremely low imo.
The fundamentals are way too bullish, regarding Bitcoin, and if the whales are manipulating the price, suppressing it, they can not do it for about 2 years, I doubt it. Sooner or later the pressure to go up again will be so huge, that they gotta have to let it go.
legendary
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May 27, 2018, 08:31:33 AM
#7
If we base it on the yearly price history of bitcoin, the price of bitcoin spikes at around the -ber months of the year. Last year, we saw this by reaching a new ATH for bitcoin which is near 20000$. The current status of crypto market now is at its massive market correction. Its normal that this will happen. This gives us investors an opportunity to buy the dip. Lets buy the dip and wait for the profit. Smiley I hope prices will spike at around August - September.
sr. member
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May 27, 2018, 02:32:31 AM
#6
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

It will regain its full strenght and even surpass it down the road, i just dont know when it will be. Of course a lot of altcoins wont be recovering. It is ok because at least 95% of them are just an experiment anyways
legendary
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May 27, 2018, 02:18:17 AM
#5
OP, in my opinion the recovery will take 2 more years then the Bitcoin market will start to become bullish again, maybe shortly after the halving.

I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.

but you only looked at a tiny part of history and made that conclusion whereas you should have looked at the whole history if you wanted to make this conclusion.

you are correct about the bubble before $20k meaning the $1200 in Dec 2013. but that was not the only bubble that bitcoin had!
take a look at the $260 bubble which happened in April 2013. it was a rally from around $10 to $260 which is 2500% rise (this $20k was 1600% rise) and the bear market that followed only lasted about 6 months. or the one before that which was a fall to $2 in 2011 which lasted less than 5 months if I am not mistaken.

the $1200 bear market was a special one because we lost a huge exchange that controlled nearly all the market (had >80% of the volume) and it scammed people. we had to not only recover from the drop but also recover from the biggest scam in bitcoin trading history. and it technically lasted until first quarter of 2015 or 13-14 months.
legendary
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May 27, 2018, 01:19:06 AM
#4
OP, in my opinion the recovery will take 2 more years then the Bitcoin market will start to become bullish again, maybe shortly after the halving.

I do not have any evidence for this except Bitcoin's price history and its correlation to the halvings of the past.
member
Activity: 462
Merit: 14
May 26, 2018, 10:01:51 PM
#3
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Ups and downs are necessary for the market to make traders alive and working. So hopefully market will get better soon. You must notice that in this collapse there were some crypto currencies that were/are doing very well. MTC and LOC are among these crypto currencies.
copper member
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May 26, 2018, 01:28:59 PM
#2
Now crypto market is little bit down. I think next support for bitcoin will be 6000 and then go up to 1000 but the only thing we can do at this moment is just watch.
newbie
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May 26, 2018, 01:10:41 PM
#1
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
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