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Topic: observe the market situation and the price of cryptocurrency (Read 594 times)

member
Activity: 1008
Merit: 12
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You are right and market does always hover around the fair value but for crypto it is a little different because you must have known by now that crypto comes with a limited supply so as the demand increases the price is bound to grow because there is only a limited supply available, this thing alone makes the crypto the best investment among all other sectors and that is the reason why long term holding strategy works the best in crypto market.
full member
Activity: 1190
Merit: 111
THere are so many new comers at the last month of 2017.
They bought many cryptocurrency due to the high rise market.
And they are not with good knowledge. As the market went down many weak hands sold their tokens which result to more dumping.
Cryptocurrency is really awesome but you need to be smart on dealing with it.
legendary
Activity: 2338
Merit: 1124
The rise and fall of coin prices depends on the level of market demand and supply in the market, so if you cannot monitor the price movements of your assets, you will automatically never know when to sell or hold.
What pint is there to monitor an asset that keep depreciating instead of appreciating, the reason why it is very easy to monitor bitcoin is because bitcoin has the volatility to monitor it even with charts. You could get demands for bitcoin now and then not get tomorrow, and as you are used to this, you find out that it becomes quite easy to monitor bitcoin.

There are some projects that it is every day that they keep dropping in value, and as you are monitoring and hoping they will bounce back, they keep going down the more. These ones become so much confusing when you see how much you have invested and how much it is turning to, then you will have no choice than to wait for it to mature, and this is how we still loose most of our investment. So, monitoring of coins has not been any easy.
sr. member
Activity: 882
Merit: 251
The rise and fall of coin prices depends on the level of market demand and supply in the market, so if you cannot monitor the price movements of your assets, you will automatically never know when to sell or hold.

If you are going to work with cryptocurrencies, be ready to monitor the market several times a day, otherwise, you can miss some important events that might affect the cryptocurrencies prices. You should also subscribe to various channels on YouTube (devoted to crypto) and look through the updates there. Without these activities, you will never understand the market movements and predict them.
jr. member
Activity: 327
Merit: 1
The Standard Protocol - Solving Inflation
The rise and fall of coin prices depends on the level of market demand and supply in the market, so if you cannot monitor the price movements of your assets, you will automatically never know when to sell or hold.
member
Activity: 476
Merit: 10
This is one of the advantages of Bitcoin that this coin cannot be regulated, and the price depends on demand and acceptance. Bitcoin became popular when the year 2017, many people became wealthy because it had Bitcoin. So in various developed countries Bitcoin is already regulated by the government. But there are also many countries that prohibit Bitcoin.

The Bitcoin condition is now excellent and is capable of reaching more than $10,000. This achievement is not followed by altcoins and tends to undergo very slow developments.

jr. member
Activity: 498
Merit: 1
Worlds Simplest Cryptocurrency Wallet
Volatility makes the crypto market what it is if its regulated, it might be boring as major spikes either up or down won't be noticed the market will move in waves its regulators wants for it. But due to the volatility the fun of the market either euphoria or rekt is always felt.
full member
Activity: 1400
Merit: 103
What do you mean by using the term "fair value"? There is supply and demand on the market, and any price will be fair if there is a buyer for the product at this cost!
member
Activity: 171
Merit: 10
People are too greedy and want Bitcoin to be worth a lot. But you need to take off your pink glasses and look at pricing. Nobody wants to buy unstable currency for a lot of money.
hero member
Activity: 2688
Merit: 588
bitcoin will never pump because it is not a pump and dump altcoin. the pumping days of bitcoin has been over ever since 2013 when Mt Gox was closed down. so if you are waiting for a bitcoin pump then you are wasting your time and missing out on the opportunities.
bitcoin will continue to rise with its solid demand as the adoption of bitcoin grows every day all around the world as the only decentralized currency around.
Exactly the way you have stated it here is how bitcoin should have been operating right from the onset, it is meant to gradually rise in value as adoption rate increases, which is what I have been seeing from its market movement lately, the value of bitcoin has come to a stage where it is getting more and more difficult to be manipulated after people have learnt how the whales has been manipulated.

I am not sure of MT GOX you made reference to here which was in 2013, but the coin was still pumped by whales in 2017 which was what lead to that major dumping we are all yet to recover from, the only thing I have just learnt from that dumping is that it really built people and made them not to ever fall for fomo again which is why the market has been rising slowly and healthily.
sr. member
Activity: 1246
Merit: 285
You didn't notice anything new or unusual OP. Bitcoin is constantly making higher lows and losing 130 million is only possible because it gained 160 first in just a few months.

It really doesn't matter if a correction after a big pump is 50% 60% or 80%. All that matters is that it's not 100% which means that holders gain money and bitcoin is still going up in the long term.
That's right, correction after a big pump is normal. Traders and investors have their own perspectives. Prices are constantly changing, volatile, depending on market demand and supply as well as rumours and news circulating. Technical analysis needs to be done to the maximum so as not to be easily influenced by rumours so panicked buy or sell. Many things are unpredictable in cryptocurrency, so always choose a safe path for your assets, dwyor.
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member
Activity: 350
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HiveNet - Distributed Cloud Computing
Exactly. I agree with you that you need to observe the market situation and the price of the cryptocurrency is before investing since the market isn't stable else you might end up losing money. For instance, bitcoin is recently down and making low prices now which needs patience until market becomes better.
hero member
Activity: 2184
Merit: 531
You didn't notice anything new or unusual OP. Bitcoin is constantly making higher lows and losing 130 million is only possible because it gained 160 first in just a few months.

It really doesn't matter if a correction after a big pump is 50% 60% or 80%. All that matters is that it's not 100% which means that holders gain money and bitcoin is still going up in the long term.
jr. member
Activity: 370
Merit: 1
If you followed d market you will understand that the drop wasn't instant it kept building up and dropping. Its a market cycle even stock market experience such most of the time.
hero member
Activity: 1470
Merit: 655
So, even if bitcoin does not pump now, I know that whatever investment that we have in it is one that would really be worth it in future, and in future, there is a point bitcoin price will pump to, that the lowest value it can ever have or lowest it can drop to would be the last Ath of the last bull run, because from what I am seeing as factor that will contribute to the development of bitcoin bull run, it will have big effect of this coming bull run that we might get to $50k.

bitcoin will never pump because it is not a pump and dump altcoin. the pumping days of bitcoin has been over ever since 2013 when Mt Gox was closed down. so if you are waiting for a bitcoin pump then you are wasting your time and missing out on the opportunities.
bitcoin will continue to rise with its solid demand as the adoption of bitcoin grows every day all around the world as the only decentralized currency around.
hero member
Activity: 2562
Merit: 586
The falls in the falls. Neither the current flow is massive or slight, water will fall. What is the point? Cryptocurrency would not be killed despite of fluctuations. There will have a time pump of bitcoin price will be done.
That is why it’s called investment, we should not always expect that immediately we invest, we will get the profit, we should wait for sometimes that the product we invested in will fully develop and then when it develops, that is when it can yield some profits.

So, even if bitcoin does not pump now, I know that whatever investment that we have in it is one that would really be worth it in future, and in future, there is a point bitcoin price will pump to, that the lowest value it can ever have or lowest it can drop to would be the last Ath of the last bull run, because from what I am seeing as factor that will contribute to the development of bitcoin bull run, it will have big effect of this coming bull run that we might get to $50k.
member
Activity: 658
Merit: 10
Rangers Protocol
The falls in the falls. Neither the current flow is massive or slight, water will fall. What is the point? Cryptocurrency would not be killed despite of fluctuations. There will have a time pump of bitcoin price will be done.
full member
Activity: 1330
Merit: 147
The investor who got a lot of profit and got a lot of lost when investing on cryptocurrencies is always be there because these things can not be avoided. But I doubt, there is someone who got a lot of lost when they investing on gold or another investment place which is included in the category of a safe haven investment place. Surely, these definition have told us that return of investment is depend on the investment place itself.

However, if we can use the right strategy we can make a high risk become a low risk. Therefore, we should make a traget to get profit what we want, don't stay on in our greedy if we have got profit that we want there is a simple way to sell it and buy again with another strategy. So basically, to avoided the curious thing will be subside if we have something such as strategy to run an investment on this place. We can make the profit that we want and ignore the high risk level and replace it with a low risk.
jr. member
Activity: 397
Merit: 1
yes it is true that price fluctuations depend on demand in the market, the current market is in bad condition does not mean you have to stop here. I still believe that the market can recover and this is only a matter of time. stay patient and always pay attention to your portfolio.
sr. member
Activity: 1330
Merit: 326
The volatility market always presents. Thus, if the market crashes, then a good opportunity to buy more coins are being considered. People tend to confused about cryptocurrency but we just simply explain it's volatility and they seem to understand it. They just afraid to buy some of it because they have fear in crypto investing and the reputation of btc seems not yet that good especially in our country.

Anyway, we can always benefit in this kind of market. Good timing is the key.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
many people are still curious about cryptocurrency, especially the value continues to penetrate the upper limit until the end of 2017. Unfortunately, starting from the beginning of 2018 to the present, bitcoin capitalization throughout the world has dropped dramatically. including bitcoin and other digital currencies?
actually the price correction reached more than 50% of its highest value, which is below 130 million from 260 million, in my opinion it could be considered reasonable.

yes, that is natural because the market is not regulated by anyone, and fluctuations in the price of coins depend on demand and supply on the market. so I think Cryptocurrency is looking for "fair value". All products, both property, gold, stocks, bonds, and others always have fair value, and investors have different approaches to determine that point.

simple?
if investors buy a car at a price of 2 billion, then if someone sells 1.5 M, he will buy it. Meanwhile, if people sell 3M, they will not be bought.
hmm ... my correction is wrong when observing cryptoqurrency. thank you

Market situation is beyond just observing; you need to do a firm research activity and also note down the vitality
As long as you can learn from your trades and improve your skills

Set your portfolio at a set price for trade alerts and be ready always
full member
Activity: 714
Merit: 101
My opinion on the alt market.

Alt Season WILL come! Not soon though. IMO Altcoins are in a bad place right now since we are in changing times, various alt focused markets decided to charge huge fees, ban some countries or admit KYC. Overall various regulations that end up drifting away a good percent of the alt traders, like myself. This is why i believe Alt season will emerge when exchanges like Switch.ag or their Dex Switchdex.ag gets popular enough, basically exchanges that focus on privacy and alts availability. At least this is my take on this market.

Something I did not notice the arrival of the next alt season. Last week, Bitcoin rose again in price and all altcoins fell down. Is this possible during the alt season? Therefore, it’s too early to talk about the start of the growth of altcoins.
jr. member
Activity: 336
Merit: 1
A nexgen decentralized ride hailing
many people are still curious about cryptocurrency, especially the value continues to penetrate the upper limit until the end of 2017. Unfortunately, starting from the beginning of 2018 to the present, bitcoin capitalization throughout the world has dropped dramatically. including bitcoin and other digital currencies?
actually the price correction reached more than 50% of its highest value, which is below 130 million from 260 million, in my opinion it could be considered reasonable.

yes, that is natural because the market is not regulated by anyone, and fluctuations in the price of coins depend on demand and supply on the market. so I think Cryptocurrency is looking for "fair value". All products, both property, gold, stocks, bonds, and others always have fair value, and investors have different approaches to determine that point.

simple?
if investors buy a car at a price of 2 billion, then if someone sells 1.5 M, he will buy it. Meanwhile, if people sell 3M, they will not be bought.
hmm ... my correction is wrong when observing cryptoqurrency. thank you
I agree , better now to watch the cryptocurrency and do not buy extra time since no growth in her not to see , and I think you need to wait until bitcoin goes up to 20000 , then I think altcoins will rise.
hero member
Activity: 2926
Merit: 640
Market conditions greatly affect prices, no one can predict the timing of the market price of crypto assets, especially BTC, perfectly. This year, the market is predicted to rise, with many trends and new coins that will attract investors
I believe that market conditions will continue to grow. although sometimes a serious problem occurs. but that does not rule out the possibility that the crypto market will be destroyed right now. we need to know that at present the market development has been supported by investors.
That is true, problems will always arise, but the cryptocurrency technology is very strong now withstand such problem and overcome it in due time. Look at bitcoin, bitcoin has experienced so much big FUD this year that I expected to have crashed it further, but rather strengthened it.

The biggest FUD news that I saw recently is that of President Donald trump which came out on tweet to go against bitcoin, and I think that would be the first time he would be saying something negative about bitcoin, I thought that it was going to affect the price of the coin too much, but it had no much effect on it, and after then the value has been growing a little bit as usual. I dint think that there is going to be any challenge right now that bitcoin will not overcome, or the cryptocurrency industry in general.
full member
Activity: 798
Merit: 104
Current situation is bad for investors? Are you kidding? We all can buy in a huge sales.
Will you buy iPhone for the full price? Probably not, but in 90% sale? Of course! So buy more, offer is time limited!

Absolutely right I second demotion to this statement if you feel good at Bitcoin price the buy more and hold for long term because it  surely rise up in the near future blockchain is so popular and now being used by other countries all over the world no doubt the price will pumo up soon. On my observation current market situation is a good timing to buy bitcoin.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
The current market situations will not good for a new investor to buy bitcoin as we know that bitcoin increase higher now.
But they can wait for a while to see if the price will be down in the next hours so they can start to buy bitcoin.
But they can buy from now on if they don't want to wait but make sure that they don't buy 1 bitcoin directly because that will be too risky to do.
Besides that, we don't know if, in the next hours, bitcoin price will still increase or not so we can buy for some satoshi first to know what will happen later.
But if in the next hours, bitcoin price still increases, then we can place the order buy to buy more satoshi and hold it until the price can increase higher.
sr. member
Activity: 793
Merit: 250
Current situation is bad for investors? Are you kidding? We all can buy in a huge sales.
Will you buy iPhone for the full price? Probably not, but in 90% sale? Of course! So buy more, offer is time limited!
full member
Activity: 770
Merit: 101
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Market is in the development phase and this early investment in the market will help us earn a lot of money in the near future because I'm sure people will tend to invest in this market more. In fact, some big countries are encouraging people to use Bitcoin as a means of payment because it is much safer to pay and each transaction has absolute accuracy.
How is many months the near future?
I became an investor in crypto about two years ago. Since then, my investments have not yet returned to their price. The near future is about two years - is not near future.
The development of this industry is permeated by far-fetched projects, fraud, conservative people. So, I believe that the cryptocurrency market is developing, but I do not think it will be as fast as many expect.
jr. member
Activity: 672
Merit: 1
You are right about the place of demand and supply when it comes to the price of most crypto-currencies . It is trite that when two products of same value are offered for sale the seller with the lower price stands a greater chance of selling his ware. In crypto-currencies price movement is dependent on the forces of demand and supply
member
Activity: 272
Merit: 10
One of the the most interesting subject of this cryptocurrency is it volatility. There is always hope that the price of bitcoin and some other good altcoins will always increase or decrease, creating room for speculation and profit. When the market becomes stagnant without movement, traders will be discouraged and look elsewhere.
member
Activity: 746
Merit: 10
https://axiomapay.com/
yes it may be true that the current price of bitcoin is still reasonable, not falling too low and also still stable at that price. if in my opinion this is not an obstacle for users who want to adopt coins in the crypto market, most of us have different views but focus on market conditions and even occasionally add some other altcoin collections. because they are very confident that the price of bitcoin will soon rise even higher, so my advice is that you better take advantage of this market situation to buy some other altcoins and while waiting for the market to stabilize again.
full member
Activity: 515
Merit: 101
It's old news talking about the volatility of crypto market. The market emotions grossly affect the price of cryptocurrencies apart from the stable coins.  Presently everyone is optimistic after the long bear market passed, you can see that from the soar in BTC price and also the increase in total market cap. 

even though the market has not fully improved but all forum users, including me, are always optimistic about the coins invested and also the current market situation, I am still confident that this market condition will soon pass, while the price of bitcoin also increases upwards and this shows that the market is starting to improve.

Market is in the development phase and this early investment in the market will help us earn a lot of money in the near future because I'm sure people will tend to invest in this market more. In fact, some big countries are encouraging people to use Bitcoin as a means of payment because it is much safer to pay and each transaction has absolute accuracy.
member
Activity: 476
Merit: 12
I think market situation right is in very good situation. It's started when bitcoin have a huge increase and more investors was said that it is a sudden bullrun and until now we are experiencing a ggod bitcoin price. We can say that crypto price is very unquiet and this is normal. On cryoto's situation right now I think it will continue to grow and before year 2019 end the price will fall like what happened last 2018.
jr. member
Activity: 266
Merit: 4
Many steps has be taken by the whales to manipulate the price of bitcoin to their favour. Much people are in to buy and sell immediately the see little increase of bitcoin and it do make it to fluctuate
sr. member
Activity: 840
Merit: 250
The market correction is rather relative. Now it is influenced by whales and the popularization of cryptocurrency by various products. These are the most important factors.
jr. member
Activity: 33
Merit: 1
yes, that is natural because the market is not regulated by anyone, and fluctuations in the price of coins depend on demand and supply on the market. so I think Cryptocurrency is looking for "fair value". All products, both property, gold, stocks, bonds, and others always have fair value, and investors have different approaches to determine that point.
fair value, yes I agree with you and crypto will continue to fluctuate until fair value is reached. of course this takes time and perhaps mass adoption is one way to realize that fair value.
mass adoption will grow the price of coins on the market and encouragement or support for the public is also one way for the market to stabilize again. we will be looking forward to this soon
hero member
Activity: 2534
Merit: 605
One question that I usually ask most people that do usually ask for regulation is if they are really ready for the regulation right now, because when cryptocurrency is being regulated, there are so many limitations that come with it too, like stability. If you look at the market situation presently, and the way that people are making money through it, you will realize that it is because of its volatility that this becomes possible.

The reason why cryptocurrency Is quite much popular right now is not because of its technology first, but because of the money they make through it, which is why I do ask if people are really ready for the volatility to stop.  Now that the price is below 130 million, this is an opportunity for any investor to make twice of their investment because the market will surely get back to back to that highest cap.
jr. member
Activity: 123
Merit: 1
My opinion on the alt market.

Alt Season WILL come! Not soon though. IMO Altcoins are in a bad place right now since we are in changing times, various alt focused markets decided to charge huge fees, ban some countries or admit KYC. Overall various regulations that end up drifting away a good percent of the alt traders, like myself. This is why i believe Alt season will emerge when exchanges like Switch.ag or their Dex Switchdex.ag gets popular enough, basically exchanges that focus on privacy and alts availability. At least this is my take on this market.
sr. member
Activity: 1260
Merit: 251
yes, that is natural because the market is not regulated by anyone, and fluctuations in the price of coins depend on demand and supply on the market. so I think Cryptocurrency is looking for "fair value". All products, both property, gold, stocks, bonds, and others always have fair value, and investors have different approaches to determine that point.
fair value, yes I agree with you and crypto will continue to fluctuate until fair value is reached. of course this takes time and perhaps mass adoption is one way to realize that fair value.
jr. member
Activity: 407
Merit: 2
SmartFi - EARN, LEND & TRADE
It's old news talking about the volatility of crypto market. The market emotions grossly affect the price of cryptocurrencies apart from the stable coins.  Presently everyone is optimistic after the long bear market passed, you can see that from the soar in BTC price and also the increase in total market cap. 

even though the market has not fully improved but all forum users, including me, are always optimistic about the coins invested and also the current market situation, I am still confident that this market condition will soon pass, while the price of bitcoin also increases upwards and this shows that the market is starting to improve.
jr. member
Activity: 1876
Merit: 5
In my opinion it is now very interesting to monitor the situation on the market. Since everyone wants the price to grow higher and at a fast pace. And it all depends on how much the price of cryptocurrency can rise. And all users are now waiting for a very profitable purchase of a critical currency. And I think that this is a very profitable investment of capital in the future.
full member
Activity: 559
Merit: 102
It's old news talking about the volatility of crypto market. The market emotions grossly affect the price of cryptocurrencies apart from the stable coins.  Presently everyone is optimistic after the long bear market passed, you can see that from the soar in BTC price and also the increase in total market cap. 
hero member
Activity: 1680
Merit: 506
Trphy.io
Every increase is sure to decrease. That is what you should know. Don't equate the crypto market with the stock business. The surge happens so fast. On the contrary, the crypto market is all unexpected, so everyone must have a strong mentality, otherwise you will  experiencing severe depression with market conditions.
jr. member
Activity: 350
Merit: 3
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Every increase is sure to decrease. That is what you should know. Don't equate the crypto market with the stock business. The surge happens so fast. On the contrary, the crypto market is all unexpected, so everyone must have a strong mentality, otherwise you will  experiencing severe depression with market conditions.
yes of course the price in the market is always changing every second and also there is no certainty that the price will remain at that price or can even rise high and can fall even more sharply, because fluctuations in the price of coins are caused by users who make transactions on the market.
member
Activity: 812
Merit: 10
BountyMarketCap
Market is still relatively new as compared to other or traditional financial markets like stocks or forex etc but i think with time we will see relatively less volatility but it will take some time and also full compliance from both the govt authorities as well as investors, so i think next 2 to 3 years are very important for the market to sort these issues out and move towards complete adoption.
jr. member
Activity: 394
Merit: 1
the cryptoqurrency market is unexpected, sometimes prices can go up and vice versa, so it's not surprising if we see the price of coins always changes every time. but the most important thing for me is patience. if you are not patient and easy to panic that will make you experience losses in this industry.
full member
Activity: 317
Merit: 100
https://leasehold.io/
The specialty dish of the electronic money market is the fluctuation of value, you can go out to have lunch but when you return can ROI -20%, this fluctuation happens so Please accept and get acquainted with it. This fluctuation is probably due in part to negative or good community news.
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
Btc market cap will reduce as the years progresses because other coins will grow too and become better while other new innovations will com. Personally, I believe it doesn't necessarily affect the prices of bitcoin.
IN ALL: the Cryptocurrency prices will alsmways move up and down
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
These bullish and bearish cycles are present in all kinds of financial markets even in the economies around the world but yes i agree that crypto market has some superior volatility and that make it unique and exciting and attractive for investement because it can yield massive, no where else seen profits for investors in a very short time but the risks are also there. So if you are able to buy cheap crypto offers you best possible rewards.
jr. member
Activity: 296
Merit: 1
yes the decline in the crypto market is now caused by several reasons including negative news issues and irregular crypto adoption rates ... I mean more offers compared to market demand and maybe that has caused the market to be in a bad situation, but investors have their own ways to invest in this market
hero member
Activity: 2212
Merit: 670
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if investors buy a car at a price of 2 billion, then if someone sells 1.5 M, he will buy it. Meanwhile, if people sell 3M, they will not be bought.
hmm ... my correction is wrong when observing cryptoqurrency. thank you

Unlike that, someone's weakness isn't being able to predict precisely. And it was defeated by their wishes.
When the market situation is uptrend, one must be willing to increase the price of ask. If not, they will feel guilty when prices continue to rise.
member
Activity: 728
Merit: 10
it all depends on the investor who wants to buy or sell, considering that the current market conditions fluctuate very quickly or fluctuatively, so it must be able to see which opportunities investors will do whether long-term or short-term investments. all depends on investor management when buying or selling.
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
Volatility is one of the main signs of crypto currencies and it is great. Some people that can think forward are buying Bitcoins for 3k, 6k, 9k and so on, because they see potential and know that market has cycles and always repeats itself.

thats for people's who know how to trade in market with huge volatility my friend
but, for beginners crypto market with huge volatility is risky
regards
full member
Activity: 1820
Merit: 107
many people are still curious about cryptocurrency, especially the value continues to penetrate the upper limit until the end of 2017. Unfortunately, starting from the beginning of 2018 to the present, bitcoin capitalization throughout the world has dropped dramatically. including bitcoin and other digital currencies?
actually the price correction reached more than 50% of its highest value, which is below 130 million from 260 million, in my opinion it could be considered reasonable.

yes, that is natural because the market is not regulated by anyone, and fluctuations in the price of coins depend on demand and supply on the market. so I think Cryptocurrency is looking for "fair value". All products, both property, gold, stocks, bonds, and others always have fair value, and investors have different approaches to determine that point.

simple?
if investors buy a car at a price of 2 billion, then if someone sells 1.5 M, he will buy it. Meanwhile, if people sell 3M, they will not be bought.
hmm ... my correction is wrong when observing cryptoqurrency. thank you
If we look and compare the humble beginning of the cryptocurrency (Bitcoin) way back 2008-2009 the progress made as it was today is incomparable, meaning it was progressively getting bigger and bigger so for me market sized is not important in terms of the value the supply and demand was also dictating the price other than so called whales, as we all know that cryptocurrency high volatility in prices was due to its nature.
member
Activity: 378
Merit: 10
Volatility is one of the main signs of crypto currencies and it is great. Some people that can think forward are buying Bitcoins for 3k, 6k, 9k and so on, because they see potential and know that market has cycles and always repeats itself.
hero member
Activity: 1596
Merit: 502
Cryptocurrency now has trying to increase to the next higher price, and I think it needs a long time to back to the higher price before. We know that cryptocurrency is at the downtrend since the last year, but gladly, we see that this year, cryptocurrency try to get back to the higher price again. Maybe it is hard because so many people have desperate with the price, but I am sure it will be back soon. The market will be still volatile and make us hard to predict where the price wants to go, but at least, we could try to make a profit.
hero member
Activity: 1470
Merit: 655
whenever we have a bubble in bitcoin that is always followed by a bear market that means price coming down a little. that doesn't mean a "dramatic drop". if you look at the price you can see by the beginning of 2017 price was barely $900 and by the end of 2018 (in 2 years) price was $6000 and that is already a huge rise not a drop.

of course that drop after the bubble was intensified because of the enormous altcoin dump that took place in 2018. millions of dollars exited the altcoin market as investors dumped their altcoins and a major part of it exited through bitcoin which means a big part of that drop was because of the altcoin dumps.
sr. member
Activity: 1008
Merit: 355


One of the most famous features of Bitcoin and for the whole cryptocurrency market for that matter is volatility which can go very extreme sometimes. Traders though love this as they can make more money in this kind of movement -- of course risks are also heightened. One of the most known reason of this volatility is that the market is not yet that huge as compared to forex and gold. So in most probability, when the market will be expanding exponentially there is a chance the volatility can ease.
hero member
Activity: 3150
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DGbet.fun - Crypto Sportsbook
Cryptocurrencies natural characteristic is being volatile. This is the reason why many thinks that it doesn't have a fair value but the community determines its fair value through supply and demand.

Very simple, if there's no demand but it has a lot of supply, there's no one that will buy it and it's value will be worthless. As for the market cap, we just did passed the long bear market for the entire year of 2018 and now think of what's next.
jr. member
Activity: 286
Merit: 3
https://goldeth.io/
many people are still curious about cryptocurrency, especially the value continues to penetrate the upper limit until the end of 2017. Unfortunately, starting from the beginning of 2018 to the present, bitcoin capitalization throughout the world has dropped dramatically. including bitcoin and other digital currencies?
actually the price correction reached more than 50% of its highest value, which is below 130 million from 260 million, in my opinion it could be considered reasonable.

yes, that is natural because the market is not regulated by anyone, and fluctuations in the price of coins depend on demand and supply on the market. so I think Cryptocurrency is looking for "fair value". All products, both property, gold, stocks, bonds, and others always have fair value, and investors have different approaches to determine that point.

simple?
if investors buy a car at a price of 2 billion, then if someone sells 1.5 M, he will buy it. Meanwhile, if people sell 3M, they will not be bought.
hmm ... my correction is wrong when observing cryptoqurrency. thank you
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