If Cryptos are the future why are we in the RED? - page 12.

CherRic

member

Activity: 266

Merit: 12

Quote from: jamesashmore1964 on May 23, 2018, 07:05:17 AM

Why?

This is because cryptos are subject to the principle of demand and supply. Likewise, the selling and buying options in cryptos make the prices go up or go down. Yes, it is our future but it doesnt mean they will stay on top because they are also currency, and subject to economic laws as well.

HaFiiSs

newbie

Activity: 126

Merit: 0

Because in today's state the cryptomarket is completely controlled by a small group of people. They decide whether bitcoin will become more expensive or cheaper. The market is managed by speculators, they are now benefiting from cheap cryptocurrency.

EzatorFI

newbie

Activity: 113

Merit: 0

Because large companies and funds are interested in buying Bitcoin as cheap as possible. So I think that we will continue the decline. But in the future we will grow very high, much higher than $ 20k.

victory.lil

full member

Activity: 490

Merit: 100

Because now many people say that people who have a lot of money are determined to buy BTC at a price of $ 3000 and now I can say that this is one of the most reliable theories. Because it is very similar to the truth.

sircy

sr. member

Activity: 504

Merit: 250

on the way to a great future crypto certainly, need adjustment and process. Crypto is indeed going to be a great future but this certainly takes the process because it would have been a lot of rejection especially for that has not been able to receive crypto. It takes time to be able to make crypto can be accepted and sometimes there's still rejection that makes market conditions become red.

harastvo

jr. member

Activity: 92

Merit: 7

it's a great question, I myself do not understand why the price is constantly declining, because all the negative news has already ended. I hope that soon it will be defeated and we will again fly to the moon!

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: jamesashmore1964 on May 23, 2018, 07:05:17 AM

Why?

It's kinda hard to answer that question but my take is the cryptocurrency is still in the developing stage and this thing is pretty normal, majority people look at it right now as an investment vehicle rather a new technology, but we will soon get in a position where legit cryptocurrency are profitable.

xenomorphe1

full member

Activity: 798

Merit: 103

Because cryptos are only used for trading. But why should cryptos be very expensive to succeed?

bowonakulo

full member

Activity: 378

Merit: 100

idap.io

calm down, this is a natural thing if you want to see the market grow healthy, bitcoin and blockhain technology is a revolutionary technology for the future

upbit

full member

Activity: 392

Merit: 104

Quote from: jamesashmore1964 on May 23, 2018, 07:05:17 AM

Why?

In many cases, time always plays an important role, as it knows the market very well and you understand this structure.

cikey

newbie

Activity: 112

Merit: 0

You need patience. Red is only temporary. Green is the future.

duonghi99c88

newbie

Activity: 112

Merit: 0

Interesting question Smiley I think if it was so simple, all people understood it in the past and bought bitcoin. But nobody did it besides little group of enthusiasts. So now there are a lot of people who don't believe in cryptocurrency. And some big players manage of the prices. I think they need this red market now.

Nilda

member

Activity: 336

Merit: 14

Crytocurrency is still the future. Just because we are in the red right now, doesn’t mean it will not become mainstream. Being in the red is normal in any currency market.

sakokinak

full member

Activity: 518

Merit: 101

Quote from: ubitcoin on June 09, 2018, 03:10:48 AM

Even crypto is the future, it will not happen tomorrow itself. It must need enough time to get established so that everyone in this world will be aware of what is crypto currencies and how to use of them.

You can assume, crypto currencies are taking the time for spreading out to each and every person of this world. In that process it will experience some ups and downs and this is what exactly happening right now. Last year we were having green hence this year it may be red. But it will change in very near future.

Wise words. I believe that finally, the cryptocurrencies will be used everywhere. The crypto will be understood by most of the people, and all will have it.

Shakitano

newbie

Activity: 10

Merit: 0

Just because something is the future it doesn't mean it will perform positively every single day of its existence. Just look at prices from 1-2 years ago and compare it to now.
Also you skipped the detail that we're in a bear market

sensimilia

sr. member

Activity: 702

Merit: 251

Cryptocurrencies are the future only in our understanding, most of people in the whole thing that cryptocurrencies is something weird

p i e c e

full member

Activity: 336

Merit: 100

Quote from: AutoBlockX on June 08, 2018, 06:02:47 AM

By their very nature, cryptocurrencies are extremely volatile. A simple buying or selling trend can push them up or down by 25-30%. Until nations begin to adopt this technology and finish off the use of fiat money – cash – it is likely that coins will always be in the red.

Yes, today they can be red, and in the morning the market can make a very high jump. The high volatility that characterizes the cryptocurrency is the thing that you must admit and understand, bro.

LUCKY21

member

Activity: 224

Merit: 10

Quote from: jamesashmore1964 on May 23, 2018, 07:05:17 AM

Why?

Because the market is cyclical. Always after growth follows a fall and vice versa after a fall follows growth. After the mad growth in December last year, we observe a regular correction. And now it seems to me that growth is restrained artificially.

deevan

jr. member

Activity: 238

Merit: 7

Even if the crypto market is in red, there is nothing to fear about. What you want that market always remain green & price just increases always? Well, it doesn't work like that the price depends on supply & demand and there are many external factors that can affect the crypto market badly like FUD news, Governmental statements regarding banning of cryptocurrencies, exchanges etc. etc. Even the stock prices always fluctuate as per demand/supply, the fiat currency rate also fluctuates then why not cryptocurrency rates?

liivii

full member

Activity: 406

Merit: 100

It only means crypto is developing more in terms of many things and these red that we are seeing right now is only a part of it. So don't worry about the things happening right now instead focus more on how you will improve yourself when it come to crypto world. And once these drops stops everything will be fine and all coins in the market will be back on their normal tracks and everyone who still supporting crypto will be the ones who will have the chance of changing their lives.

Topic: If Cryptos are the future why are we in the RED? - page 12. (Read 1727 times)