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Topic: hard dump=hard bounce? - page 8. (Read 2032 times)

full member
Activity: 420
Merit: 111
November 16, 2018, 11:12:18 AM
#78
Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.
I don't think it was any news that affected the fall. The rebound was not strong, so I see no reason to panic and prepare for war with the bulls
member
Activity: 158
Merit: 14
November 16, 2018, 11:09:18 AM
#77
What caused the collapse?
Just think about it, less than 24 hours ago, it was possible to sell the BTC on a thousand dollar higher. Probably, it is impossible to define why “the foundation was cracked” under the cryptocurrency, as for the example it can be done in a regular market. In the digital, the effect is first  seen and only than the reason becomes known.

Reason #1: Contagious effect
Reason #2 : Direct correlation
Reason #3: Global Bitcoin influence

What should do the owners of cryptocurrency: sell or wait?
It depends on the inner aspects of each owner. Even when the course is rising – it still have cycles of fall.

https://thecoinshark.net/three-hellish-days-for-cryptocurrency-reasons-of-the-fall-of-the-currency-and-what-to-do-next/


This is a good article to understand what is happening.
legendary
Activity: 1310
Merit: 1000
November 16, 2018, 10:45:32 AM
#76
This may actually be one of the possible effects of a dump. The bounce may happen very soon as ETH may be building a momentum before it kicks off again. ETH is still a top coin despite the few falls. But of course, what fell can bounce back up to a significant value. Let's just hope it happens soon.
You have to hope and stay together without panicking. ETH is perhaps the first will go up, but not the fact. XRP is likely to take the first step to the top.
member
Activity: 378
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
November 16, 2018, 10:42:24 AM
#75
Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

some news to which yesterday’s failures are tied, but I don’t think it’s news, it’s more like targeted pressure down

and it also seems to me that it looks like a rebound for acceleration, before growth.
I want to hope
copper member
Activity: 112
Merit: 0
Velic Ecosystem
November 16, 2018, 10:39:53 AM
#74
If I could judge from past experience, I would say that we should expect a hard rebound soon because studying the crypto market in past years, all indications show that December is a very favourable month for Cryptocurrency.
copper member
Activity: 84
Merit: 0
Custom Contract Network (CCN)
November 16, 2018, 10:38:01 AM
#73
As much as I would like to shake my head vigorously in the affirmative, one thing I know for certain is that the cryptocurrency market is very volatile and largely unpredictable, it can swing any way at anytime.
sr. member
Activity: 1176
Merit: 265
November 16, 2018, 10:26:36 AM
#72
Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I guess the dump was due to the BCH fork, normally market dumps everytime there's a hard fork. I am sure there will be a hard bounce after a weeks since we are almost at the end of the year. Let's hope that the market will somehow be favorable for both investors and holders since most of us had already lost a lot of money this year.
But it is not typical that the whole crypto market dumps when hard fork is coming. Only Bitcoin Cash should dump, so I do not understand why are you talking about it. Could you tell us more?
full member
Activity: 142
Merit: 252
November 16, 2018, 10:19:36 AM
#71
I want to believe that the dump signals a trend change in the market. but the cryptocurrency market is unpredictable, so we can only watch and wait. Cool
full member
Activity: 1036
Merit: 109
November 16, 2018, 10:23:19 AM
#71
Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I guess the dump was due to the BCH fork, normally market dumps everytime there's a hard fork. I am sure there will be a hard bounce after a weeks since we are almost at the end of the year. Let's hope that the market will somehow be favorable for both investors and holders since most of us had already lost a lot of money this year.
full member
Activity: 476
Merit: 100
November 16, 2018, 10:02:38 AM
#70
This may actually be one of the possible effects of a dump. The bounce may happen very soon as ETH may be building a momentum before it kicks off again. ETH is still a top coin despite the few falls. But of course, what fell can bounce back up to a significant value. Let's just hope it happens soon.
member
Activity: 826
Merit: 11
November 16, 2018, 09:32:31 AM
#69
Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.


I have read from the social media gc that the cause of the dump for bitcoin is because of the bch hard fork and not because of the whales manipulating the price. The price downtrend will be of short period as what they are talking about in the gc and the value depreciation is just a normal occurrence in any trading investment. We just have to be patiently wait for the recovery of the value of bitcoin hopefully sooner.
full member
Activity: 770
Merit: 101
fLibero.financial
November 16, 2018, 09:28:22 AM
#68
Hard dump hard bounce should be the norm but the present cryptocurrency is absolutely unpredictable as there are many uncertainty and volatility. If any coin should bounce right now, it will be an exception instead of norm!
jr. member
Activity: 122
Merit: 2
”Decentralized Digital Billboards”
November 16, 2018, 09:11:08 AM
#67
I also believe if there is hard dump after there should be hard pump. But with this market condition i afraid about it. Still market is  finding the bottom. everything is upon to traders mind.
full member
Activity: 532
Merit: 170
November 16, 2018, 09:04:47 AM
#66
Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.


ripples being the second at this time, ethereum drops again deeper
hahaha this is ridiculous. I think manipulation for ethereum always happens
it can even go down even further in the next month. we just watch what will happen towards the end of the year.
member
Activity: 252
Merit: 10
November 16, 2018, 09:01:34 AM
#65
No one can certainly say what will happen. Anyway, if you have a look back in November 2017, we had the same dump suddenly right before the huge bounce and ATH to $20k for BTC. So, I think it as normal and the market will have a bullish moment after some days. For ETH, it is quite possible to get back in $500 within the next month but I still consider ETH as risky just because it already has down to #3 in coinmarketcap.
full member
Activity: 363
Merit: 100
November 16, 2018, 08:57:22 AM
#64
No one knows what is happening. Some have view that 2018 is the correction year for crypto currency market and some are saying that we should have more patience. So that market can recover and we may have some benefits from our investment, totally confused
I found this article on the web. https://ambcrypto.com/bitcoin-cash-bch-chain-is-70-controlled-by-craig-faketoshi-wright-as-bitmain-prepares-to-deploy-90000-new-miners/ There are those who actually believe what's happening, esp the very sudden dump, was in relation to BCH hard fork.
full member
Activity: 462
Merit: 100
November 15, 2018, 11:52:11 AM
#63
a friend said that this was caused by Hardfork BCH, but I did not understand the point, and the price really reached its lowest point
member
Activity: 378
Merit: 10
November 15, 2018, 11:32:18 AM
#62
Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I think not really, if the cryptocurrencies lose too much it doesn't mean that it will rise in the same way as it lose. The only thing I know that can influence the growth of the market is the investors and the HODLing of the cryptocurrencies that we have.
Do not exaggerate the role of investors. Think about trading in general ... Stock exchanges for that every day someone would sell and someone would buy crypto
member
Activity: 462
Merit: 14
November 15, 2018, 11:29:30 AM
#61
No one knows what is happening. Some have view that 2018 is the correction year for crypto currency market and some are saying that we should have more patience. So that market can recover and we may have some benefits from our investment, totally confused
full member
Activity: 822
Merit: 100
November 15, 2018, 11:19:17 AM
#60
Definitely, when there is a huge dump like this it is inevitable the price can't but bounce back, but i can't confidently says this is a bull signal but certainly there will be price surge.
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