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Topic: sad news, prepare for dump (Read 349 times)

newbie
Activity: 42
Merit: 0
November 16, 2018, 08:55:13 PM
#29
What another dump, no not on my watch! Research and learn https://youtu.be/A7EwZVOQ6BQ
full member
Activity: 420
Merit: 102
November 16, 2018, 08:47:19 PM
#28
All price of crypto dump hard and this is beyond my prediction, in this year is most bad thing for crypto market compared previous year, alot of FUD and bad news was exist , but i still believe this situation will changed and bull run will start again.
full member
Activity: 1050
Merit: 100
October 10, 2018, 10:07:53 PM
#27
Crypto dump again just now, and i dont know what is the news. Iam really tired waiting for bull market. Iam loss much money in crypto and i dont know when i can recover it.  But i try to keep patient and i beleive there are any hope for bull market.
i see market today too shocked. whether news is what happened this time, but indeed we must be more patient and do not worsen situation by panic sell. but this is time to buy it on a large scale at a cheap price
member
Activity: 728
Merit: 11
https://streamies.io/
October 10, 2018, 09:51:35 PM
#26
These are the currencies that have provided vulnerabilities for security. That was bad but the altcoins should be kicked off the trading floor. It has caused many trading floors to collapse due to hacker attacks. I think this is the correct decision of Coincheck.
full member
Activity: 616
Merit: 100
https://exip.live/
October 10, 2018, 09:28:35 PM
#25
Crypto dump again just now, and i dont know what is the news. Iam really tired waiting for bull market. Iam loss much money in crypto and i dont know when i can recover it.  But i try to keep patient and i beleive there are any hope for bull market.
full member
Activity: 644
Merit: 101
July 23, 2018, 05:07:43 AM
#24
When any bad news, we dont know the update as soon as possible because we are not possible monitoring the market in 24 hours aday, so to avoid bigger loss from bad news like hack of exchanges, we should always use trigger order as stop loss and trailling stop so we can left the open potition without worry. And also we can buy back at cheaper price so we recover loss faster. 
sr. member
Activity: 532
Merit: 250
May 21, 2018, 04:08:14 PM
#23
I don't hold any of these privacy coins, privacy coins are not good investments for me, I would use them if only I need to store high amount of money, would probably use monero because it is stable.
sr. member
Activity: 1274
Merit: 263
May 21, 2018, 03:31:03 PM
#22
So you expect that the market will dump cause four privacy based coins are going to no longer be trading on an hacked exchange in Japan. Does this even makes any sense to you? Do you think that the crypto market is so small that it will start dumping based on this small news. You must be new to the crypto market.

how about he was expecting those coin to get dumped when people heard those news ?
it is very clear that he was talking about those privacy coin and potential dump that might happens with them.also,if we are looking back at our history we should know the fact that cryptocurrency's market was unstable.whenever we heard something bad about it,the price moved down a little bit much and then regained its price again in the next few weeks later.

but it's just matter of time until people use a Decentralized Exchange.
slowly but surely this thing will happens(or should i say it already happened,right ? just look at cryptobridge for example).
hero member
Activity: 2408
Merit: 584
May 21, 2018, 03:29:12 PM
#21
It's not sad news, it will not affect the market unless you are holding those particular coins. Also, it is just one exchange which is delisting those coins, anyone who really wishes to purchase monero, dash, zcash, or augur can simply use another one to buy them
This is not a sad news of course in terms of loosing money because you will not loose until you act foolishly or impatiently. The assumption is that you are a rational individual in the market and you know which move to make keeping the market condition in the mind and in case you make the good moves in the market game, you will never loose the money so no need to be sad about it.
hero member
Activity: 1008
Merit: 510
May 21, 2018, 03:12:16 PM
#20
Luckily i currently don’t hold any of those coins. However, we are seeing a correction in the cryptocurrency markets today and it is possible that this is affecting the entire market.

We have seen many times in the past that any negative news reports about a cryptocurrency can trigger a short term sell off for other coins as well. This seems to add to the volatility of cryptocurrency price because investors are very cautious.
member
Activity: 1302
Merit: 25
May 21, 2018, 03:02:25 PM
#19
Those coins give no fuck about this news, just few speculators try to make people dump those coins, because those exchanges are not the only one trading privacy coins, there are many alternatives.

That is the issue with privacy coins. Although these are part of top coins but it won't make much impact because options are there in almost all the exchanges.
hero member
Activity: 2730
Merit: 632
May 21, 2018, 12:51:31 PM
#18
I think that will only affect privacy coins, it is difficult for regulators to accept such coins but as there are many decentralized exchanges, that will not turn a big problem in the future.
Yes,it may only affect that four crypto currencies which was removed from the exchange so it will help for the increase in the price of bitcoin.But Japan is one of the important country for the crypto currencies but the population of Japan is very less and it may have little contribution with those four coins that OP was mentioned so I am also think that this may not have big impact.
With many consideration, that maybe good decision to takes by Coincheck, even it could be bad news for those privates coins dev, and that money majority will turn into Bitcoin as Japan was big support for Bitcoin, so it should increasing for Bitcoin demand, hope so.
If they took off privacy coins then its their own jurisdiction and choice the thing on here being mentioned which I don't really see any reason for it to cause a market dump.Even though it might able to contribute into fundamentals which might give some negative views then its possible but as being said Japan is only a small populated country which I do expect volume is just lesser if they are removing it,then let it be as long for those traders who are on that exchange and possess such coins then better to short it out.
copper member
Activity: 364
Merit: 4
May 21, 2018, 12:41:37 PM
#17
It's not sad news, it will not affect the market unless you are holding those particular coins. Also, it is just one exchange which is delisting those coins, anyone who really wishes to purchase monero, dash, zcash, or augur can simply use another one to buy them
full member
Activity: 546
Merit: 100
May 21, 2018, 11:37:33 AM
#16
So you expect that the market will dump cause four privacy based coins are going to no longer be trading on an hacked exchange in Japan. Does this even makes any sense to you? Do you think that the crypto market is so small that it will start dumping based on this small news. You must be new to the crypto market.
jr. member
Activity: 308
Merit: 2
May 21, 2018, 11:23:29 AM
#15
Prepare for the wave, it was and is more than obvious that governments don't like privacy focused coins, which is exactly why I am of believe that eventually, these coins will be outlawed, and it's perfect because they will become only tradable through decentralized platforms. What's the purpose of a privacy focused coin if you buy it through a centralized exchange? It makes zero sense.

People quite often complain that Bitcoin is lacking privacy features, but they don't realize that the lack of privacy on Bitcoin's side is exactly what helps it move forward in a heavily regulated market.

Yes,it may only affect that four crypto currencies which was removed from the exchange so it will help for the increase in the price of bitcoin.
How exactly will this help increase the price of Bitcoin? At worst these coins will be dumped for Bitcoin, which means that more Bitcoins will end up on the market than previously.

Governments hate privacy coins. Without the assets being traced, how can they tax? They can't. Decentralized exchanges makes much more sense and can't be stopped by the governments or laws thankfully.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
May 21, 2018, 10:05:02 AM
#14
Meh.  Japan is just one country out of more than 200 in the world, and I've never even heard of this exchange before.  The only coin among those that were listed is Dash, and it's still close to $400--that's not bad, as I recall very clearly a time when it was under $4.

Crypto never quite reacts the way you'd think about news like this, especially news about exchanges going out of business/dropping coins/scamming.  Most of the exchanges are shady anyway, and news that they're gone doesn't really affect the underlying coins much.

So if you're doing something silly like shorting these coins in anticipation of a drop, good luck with that.  Make sure you cover your positions before you lose too much.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
May 21, 2018, 09:59:37 AM
#13
whenever a news like that comes out, it will either affect the price of said coins immediately or not at all. and that means when the news came out before the price of these coins should have dropped hard which has not happened and now it is too late for it to happen.
in other words the news didn't have the effect that you thought it might have because people didn't pay any attention to it.
hero member
Activity: 826
Merit: 518
May 21, 2018, 08:06:06 AM
#12
Yes,it may only affect that four crypto currencies which was removed from the exchange so it will help for the increase in the price of bitcoin.
How exactly will this help increase the price of Bitcoin? At worst these coins will be dumped for Bitcoin, which means that more Bitcoins will end up on the market than previously.
Those who invested on that coin will now look to convert their coins into some other coins so probably bitcoin will be the most people's choice so when they are converting them into it which means the demand will increase and also the price will be.Am I right?
full member
Activity: 378
Merit: 100
May 21, 2018, 07:57:25 AM
#11
I think that will only affect privacy coins, it is difficult for regulators to accept such coins but as there are many decentralized exchanges, that will not turn a big problem in the future.
Yes,it may only affect that four crypto currencies which was removed from the exchange so it will help for the increase in the price of bitcoin.But Japan is one of the important country for the crypto currencies but the population of Japan is very less and it may have little contribution with those four coins that OP was mentioned so I am also think that this may not have big impact.
With many consideration, that maybe good decision to takes by Coincheck, even it could be bad news for those privates coins dev, and that money majority will turn into Bitcoin as Japan was big support for Bitcoin, so it should increasing for Bitcoin demand, hope so.
full member
Activity: 406
Merit: 100
Market Integration Platform
May 21, 2018, 07:37:27 AM
#10
Those coins give no fuck about this news, just few speculators try to make people dump those coins, because those exchanges are not the only one trading privacy coins, there are many alternatives.
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