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Topic: Is this just a bounce? - page 8. (Read 2394 times)

sr. member
Activity: 644
Merit: 250
January 05, 2019, 06:50:48 PM
I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?
I also thought of this during the sudden market increase. But surprisingly, ETH and some other coins have continued to recover even into the current year.
It's the only ethereum and other still follow bitcoin. Block decrease has proven itself to create another jump or bump to the price of altcoin. I guess we will see the block reward for ethereum will get decrease until 0.6 ehereum for each block solved by miners.
full member
Activity: 588
Merit: 104
January 05, 2019, 06:47:30 PM
We are still in the bearish market but there are some pumps.
I do not expect further increase during the holidays.
ETH price increase is expected because of the development upgrade on January 16th.
member
Activity: 448
Merit: 10
January 05, 2019, 06:26:28 PM
I don't think so, this is a just a bounce, according to me it is a start of market pumping but slowly. I can definitely say that, market will go down also, but not much. It will improve slowly slowly, because they also need buyers which is part of crypto world. My only suggestion is for every investor is that, don't be go greedy, just do everything calmly.
member
Activity: 378
Merit: 10
January 05, 2019, 06:21:44 PM
I think that the cryptocurrency market does not have enough power to drive the rise in the price of the currency. It is impossible to achieve the effect of rising by some individual operations.
this is a global market, so it requires many individuals to be able to move prices, unless there are some individuals who have a lot of money and make large purchases, then new prices can move, but the question is who does things like that when the market is falling?
full member
Activity: 574
Merit: 100
January 05, 2019, 06:20:42 PM
I think that it is quite possible. Now there is a lot of hype around the Ethereum and people's attention is switching to it, but still the cryptocurrency market now looks more stable and in this case it is just more like a bait.
jr. member
Activity: 552
Merit: 1
January 05, 2019, 06:19:11 PM
This is beyond a pump and dump or a bounce. When there is a good development on a coin or an updates, it makes the coin to have more value and which invariable bring about a price increase. This is what every other coin that seem to have some potentials should do.
legendary
Activity: 2422
Merit: 1140
duelbits.com
January 05, 2019, 06:17:43 PM
~snip~some say this is just a lure to attract buyers and then the market falls again.
And they said it is a bull-trap. Grin
Yeah, I have read it on many discussion, many people do not believe that the rising is a sign for bullrun. They said it is the same like previous increase in the end of 2018. The rising will be just temporary and end with next decline.   
jr. member
Activity: 238
Merit: 2
January 05, 2019, 06:08:09 PM
I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?
I also thought of this during the sudden market increase. But surprisingly, ETH and some other coins have continued to recover even into the current year.
full member
Activity: 630
Merit: 100
January 05, 2019, 05:41:03 PM
I think the pump is happening because of the upcoming Ethereum hard fork. We can expect a good pump even after completion of the hard fork! I don't think whales are the reason for this pump, it is like an ordinary.

that is what i am thinking too and also the news about ETF and Bakkt might be giving some impact on the current market, everyone are now buying ETH before the hard fork so they can have some free coin after the fork.
full member
Activity: 471
Merit: 102
January 05, 2019, 05:05:10 PM
I think the pump is happening because of the upcoming Ethereum hard fork. We can expect a good pump even after completion of the hard fork! I don't think whales are the reason for this pump, it is like an ordinary.
jr. member
Activity: 336
Merit: 1
January 05, 2019, 05:00:54 PM
I think that this is not so big increase that we should start lose our minds. But it is definitely good that something is happening and the market seems to wake up
Well, the bullish trend certainly does not seem , I also believe that the rebound , but for example Ethereum, I doubt that it was a rebound it shows a bullish trend , and I believe that part of the funds can buy Ethereum, and bitcoin I think will fall to 1800
jr. member
Activity: 364
Merit: 1
January 05, 2019, 04:41:52 PM
I didn't see it as a means to lure people to buy and market dumps afterwards but rather it's a steady upward movement on the curve ushering in new good time for diligent fellows, ethereum is growing now and I hope it keeps this momentum or skyrocket
jr. member
Activity: 182
Merit: 1
ONe Social Network
January 05, 2019, 04:10:58 PM
I think that this is a normal growth in the cryptocurrency market and approximately from these levels we can expect further price increases
member
Activity: 490
Merit: 10
freelanex.io
January 05, 2019, 04:05:22 PM
Increasing after the strong decline is very normal in financial market. But it has not still escaped downtrend yet, so the market will continue to go down

That’s call the volatility mate and as you said this is very normal thing according to me. Rise and fall is part of crypto currency. To the point where you just said that market will continue to fall so there I disagree because graph of price has started to move up this is now time to see some more high bounces within few months.
I agree with you , the current state of the market is quite stable and stronger than before , there is no sharp decline so I think we just waiting to see market conditions rise
full member
Activity: 490
Merit: 100
January 05, 2019, 03:54:22 PM
Increasing after the strong decline is very normal in financial market. But it has not still escaped downtrend yet, so the market will continue to go down

That’s call the volatility mate and as you said this is very normal thing according to me. Rise and fall is part of crypto currency. To the point where you just said that market will continue to fall so there I disagree because graph of price has started to move up this is now time to see some more high bounces within few months.
sr. member
Activity: 994
Merit: 252
January 05, 2019, 01:49:19 PM
I think that this is not so big increase that we should start lose our minds. But it is definitely good that something is happening and the market seems to wake up
  If it is not the perfect bounce I am sure that day is not so far when we will see huge bounce in price. Everything will be fine but it takes time to over take the lower price permanent.  We will have to hold patience and now is best time we should buy more and more so that later on when price will again over take we should wait.
member
Activity: 392
Merit: 10
January 05, 2019, 11:01:00 AM
I think many have already told you that any drop in prices for cryptocurrencies is replaced by an increase. This is a wrong statement. I believe that the noise around cryptocurrency has died down. Now the price is affected only by the quality of the product and no more.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
January 05, 2019, 10:48:40 AM
I doubt it.  Most likely, people just started buying coins waiting for future events, which in theory should start growing!
This was said more than once within six months that if the fall is delayed, then sooner or later the price at which the crypto currency will actively buy will be found and the upward movement will begin again
It looks we will see another buy trend again, so far with a lot of bad news and the price of bitcoin still remain stable and that shows good support has already achieved by bitcoin.
Once that happens and then bitcoin could go to the moon instantly. 
copper member
Activity: 266
Merit: 0
SYNCHROBIT
January 05, 2019, 10:35:38 AM
I do not think that this is only a small movement, because we are all tired of this fall and it is the right time to come back for crypto currencies, to finally launch the next bull run and maybe to update the price records.
member
Activity: 308
Merit: 10
★YoBit.Net★ 1400+ Coins Exchange
January 05, 2019, 10:15:20 AM
Maybe . maybe not but still it good time to buy before it goes up next year

This is true and I think it is completely accurate compared to the present, just a little time to come and we will have money if you have bought many altcoin before. Act quickly and money will be yours, don't wait for anyone  Roll Eyes
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