Market has run down again | Bitcointalksearch.org

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: hh4mmm on June 13, 2018, 10:36:43 AM

hy all
What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.

In my own opinion, it was not a sudden drop, people tend to sell their coins every time the market price is dropping due to panicking since some of them are not well knowledgeable about how the system in the market works.

Nila soru

member

Activity: 81

Merit: 11

Quote from: BamBog on August 07, 2018, 02:05:10 AM

Quote from: wuvdoll on August 07, 2018, 12:27:35 AM

~snip~
So far, we have seen the behavior of the market as it tends to move downward most of the time, and the fact that we are still in a full bear trend. The possibility of moving below $6000 is not seeming and I would not be surprised if we get to see a new ATH before the end of this year. However, time and trend is all that we have to know how the market would end up fairing as time goes by.

I would say so. i don't think price will be down more below $6,000. Maybe this bear trend was impact about last ETF rejection news, but I don't see this will make the market fall even further in this. Is this a correction? Maybe. Because in last month, i've seen prices hit the lowest point at $6,200, and then it was bounce back only needs 2 weeks to become $8k. So, It could be this is a discount opportunity to buy more Bitcoin at a low price.

Hope that your expectation about bitcoin price will comes true and we will not see the bitcoin price trading below 6000$. Hope that traders will give good support to bitcoin at that level and they will not let the bitcoin price to dump anymore.

triciaa478

member

Activity: 350

Merit: 10

The current market does not favor bitcoin and other altcoins and all the market is red. I don't think it is recommended for one to keep buying in such a market but hope one can hold on for a while.

chulos

jr. member

Activity: 268

Merit: 1

Indeed, all of us are eager to wait for the cryptos to come at least partially to the values they had at the end of last year. The positive messages have been more than enough in recent days. The negative impact on the bitcoin price may indeed have many factors. I mean these factors - the Winklevoss ETF's rejection and manipulation. Another factor why bitcoin does not grow - people still believe that bitcoin may fall to the 5000 limit, up to $ 4000 /of course, everyone wants to buy/. Cryptos may surprise us and growth will begin soon without a big dump. However, no one would give a hand to the fire. Maybe we'll be surprised what bitcoin and the other cryptos will prepare for us.

manismanja

member

Activity: 518

Merit: 11

it looks like the condition of bitcoin prices has decreased and this is bad news because I believe a lot of people are trapped at very expensive prices and that is very much detrimental to many people.

Shinpako09

legendary

Activity: 2002

Merit: 1015

Yeah, it's getting down again after the run of $8k. To make myself not sad, i'm just thinking maybe the price is just getting ready for a great bull run. I really thought, it will continue until $9k-$10k before having a fall again but the opposite happen. Hope good things will happen in the Ber months.

BamBog

newbie

Activity: 73

Merit: 0

Quote from: wuvdoll on August 07, 2018, 12:27:35 AM

~snip~
So far, we have seen the behavior of the market as it tends to move downward most of the time, and the fact that we are still in a full bear trend. The possibility of moving below $6000 is not seeming and I would not be surprised if we get to see a new ATH before the end of this year. However, time and trend is all that we have to know how the market would end up fairing as time goes by.

I would say so. i don't think price will be down more below $6,000. Maybe this bear trend was impact about last ETF rejection news, but I don't see this will make the market fall even further in this. Is this a correction? Maybe. Because in last month, i've seen prices hit the lowest point at $6,200, and then it was bounce back only needs 2 weeks to become $8k. So, It could be this is a discount opportunity to buy more Bitcoin at a low price.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: Temujhin on August 06, 2018, 08:32:09 PM

Quote from: hh4mmm on June 13, 2018, 10:36:43 AM

hy all
What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.

I just stay quiet and calm, maybe because on the current month is unstable price fluctuations, therefore I just monitor the market situation and certainly at any time prices will not go down and there will definitely be more increases, maybe there I will seek profit although a little risky

We are currently trading far below $7000 bitcoin can go as low as it wants as no one knows, but we can only estimate the worst case scenario which in this case, I may consider the range of $6500 to $6300 before a bounce, still an assumption. Honestly I would not actually be surprised at all if we get to see the price go as low as this.

So far, we have seen the behavior of the market as it tends to move downward most of the time, and the fact that we are still in a full bear trend. The possibility of moving below $6000 is not seeming and I would not be surprised if we get to see a new ATH before the end of this year. However, time and trend is all that we have to know how the market would end up fairing as time goes by.

Temujhin

newbie

Activity: 129

Merit: 0

Quote from: hh4mmm on June 13, 2018, 10:36:43 AM

hy all
What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.

I just stay quiet and calm, maybe because on the current month is unstable price fluctuations, therefore I just monitor the market situation and certainly at any time prices will not go down and there will definitely be more increases, maybe there I will seek profit although a little risky

Sanugarid

full member

Activity: 1442

Merit: 153

★Bitvest.io★ Play Plinko or Invest!

Quote from: hh4mmm on June 13, 2018, 10:36:43 AM

hy all
What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.

The current situation in the market is really unfortunate. Extreme market volatility is being experienced in the market. As users and investors, we can't really do something about it but to hold and avoid selling. Volatility is in nature of cryptostherefore, in order to avoid profit loss, avoid selling due to panic because the market dumps are just temporary and recovery would always happen.

pluMmet

sr. member

Activity: 588

Merit: 251

Quote from: Yoo on July 18, 2018, 12:11:45 PM

Quote from: tazmannia on July 18, 2018, 11:02:43 AM

I'm thinking. that since July 17, the bitcoin market and all crypto-currencies can breathe a little and relax there is a movement up and now the price is already 7500$ BTC. I believe that soon we will see positive news about bitcoin from different countries and the price will rise smoothly. I am very happy about this event.

Haha, Yeah you're right. rising bitcoin price on July 17th making happy bitcoin holders. I myself feel it. on that day the bitcoin price increase is quite fast and today also bitcoin prices are quite stable, I think bitcoin prices will continue to rise.
I believe that bitcoin will fly to the moon, I just need to be patient and hold my bitcoin.

I tried to read some of the latest news that turns out that some countries that reject or accept bitcoin are increasing so that the market volume is decreasing and has an impact on the decreasing price of bitcoin itself.

abstractednerve

hero member

Activity: 752

Merit: 500

Bcnex - The Ultimate Blockchain Trading Platform

Quote from: hh4mmm on June 13, 2018, 10:36:43 AM

hy all
What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.

the most important price fluctuations were due to the volatility of the use of the crypto market, a few days ago the increase in bitcoin prices occurred and it turned out that it only lasted for a while and in the end the price dropped again. The decline in bitcoin prices was triggered by a massive sell-off due to the many bad news that later hit the cryptocurrency industry.

tikanurqaidah

full member

Activity: 322

Merit: 100

I think this digital currency has no fundamental value. also due to increasing investor concerns about tightening regulations, banning cryptocurrency ads on social media and some banks that prohibit the use of credit cards to buy Bitcoin Cs.

calya

sr. member

Activity: 784

Merit: 250

Quote from: b3j0 on August 02, 2018, 07:11:43 AM

a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.

it is normal price moves up and down.after rise from around $6000 , and reach $8500 now bitcoin down again to $7000. many chartis said this is just a correction.dont worry about it.

Soots

sr. member

Activity: 1050

Merit: 251

Quote from: gabmen on August 06, 2018, 07:46:35 AM

Quote from: quichiship on August 06, 2018, 03:47:12 AM

Quote from: b3j0 on August 02, 2018, 07:11:43 AM

a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.

Yes it was not expecting from the bitcoin price, that it will again come back to that level, but I think that now bitcoin is getting a good support from the investors and therefore bitcoin price is not going stay at that level for a long time. I hope that very soon it will again start increasing and will reach to 10000$ very soon.

Well that's why we should all be able to determine a bull run from a normal rise so we can properly manage our expectations. A single fud or a news that looks negative enough can and will trigger a correction.

Indeed, this correction would create an opportunity that could help everybody to survive despite of the current challenges we've been going through. We should be able to determime the right time for when we will sell our coins, and learning can be a definite choice to have right now. Those fud and fake news isn't the reasons why it happened but most certain was our trust and faith at all.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: quichiship on August 06, 2018, 03:47:12 AM

Quote from: b3j0 on August 02, 2018, 07:11:43 AM

a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.

Yes it was not expecting from the bitcoin price, that it will again come back to that level, but I think that now bitcoin is getting a good support from the investors and therefore bitcoin price is not going stay at that level for a long time. I hope that very soon it will again start increasing and will reach to 10000$ very soon.

Well that's why we should all be able to determine a bull run from a normal rise so we can properly manage our expectations. A single fud or a news that looks negative enough can and will trigger a correction.

tosmartak

sr. member

Activity: 630

Merit: 250

Quote from: hh4mmm on June 13, 2018, 10:36:43 AM

hy all
What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.

Correction! That is what is happening. Also, we are still in a bear trend, and I expect that most people should know that better by now that there is really nothing to be getting oneself worked up knowing how volatile the market can be. However, the altcoins are actually beginning to give some upward boost which looks to me like a good sign if they actually get to bring about some good impression for smart money to kick in and then possible FOMO from them. At least, that would be a chance to increase one's btc portfolio.

ronafurw

full member

Activity: 420

Merit: 102

Quote from: juragane on August 01, 2018, 07:08:49 AM

I think it's very normal because at this time there is still no good news that can trigger a rise in price of bitcoin and cryptocurrency in the exchange, when it is there it will be very easy to ride.

Market of Bitcoin has run down and we have seen that Ethereum has also dropped from 420 to 418 US dollar so this is in benefit if we buy a lot in their low markets and wait for it to go high because these two coins have a lot o potential to achieve any highest possible value. Now Litecoin has increased by few points which are also good if someone has in large quantity then he is in benefit but that is not too much benefit as much you can make here in Bitcoin’s investment.

quichiship

newbie

Activity: 69

Merit: 0

Quote from: b3j0 on August 02, 2018, 07:11:43 AM

a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.

Yes it was not expecting from the bitcoin price, that it will again come back to that level, but I think that now bitcoin is getting a good support from the investors and therefore bitcoin price is not going stay at that level for a long time. I hope that very soon it will again start increasing and will reach to 10000$ very soon.

Rapidgator

sr. member

Activity: 509

Merit: 250

We can't go up and up and up without a major or minor correction. That was expected to many people especially traders. But look at the positives now we have got more power to go up in price action.

Topic: Market has run down again (Read 428 times)