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Topic: Sensitive market at this moment. (Read 2333 times)

member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
November 19, 2017, 10:07:58 AM
#72
We saw enormous grows the last years in the cryptoworld.
The marketcap was exploding the last years.

Because the fast growth, I expect the cryptoworld to slow down.

Look at the marketcap the last month/weeks, Its almost a pump and dump system these days.
Instead of people holding on to the coins they have and let the cryptoworld grow healthy, develop further and get more adopted by countries etc.

No, people get scared the moment the market cap gets to high and instant sell with little profit.
If this trend keeps going, I feel the cryptoworld going nowhere the coming 2 years.

This market is very very sensitive, were talking about a big future here.
Yet people want to make quick bucks and keep on pump and dumping.

I have no doubt in the following 4 years, the cryptoworld is at the 500B cap.
We all want to make money, thats why the most of us are investing anyway. But IMAGINE what the coins you own could be worth in 2020?

Yet trading is a good way to make some bucks, and the experienced cryptotraders know what they are doing.
But for the newcomers this is scary, the moment they see the investment they made go down 5% they sell.

Its just repeating itself the last weeks.

My expectations of btc and eth are bright. Btc reaching the 5K mark at 2020. And eth going 1k.
Altcoins are such a gamble, for now they seem like a good way to make huge profits. But I dont see a real way of them getting used in the long future.

In short: Were at the pump and dump routine now, if we want this world to grow, have faith, let newcomers also gain trust in the cryptocurrency, countries will jump on this currenry the moment its truly developed and not some "gambling" market.
1st of August will either have a positive impact or a negative, I cant really give my expectations, cause at this moment the market is unpredictable.

What are you're thoughts? How you feel the market growing this year?





Market is so sentive this moment because of have so many circumstances happening this  year, first the segwit hardfork implementation in the market they expand the
blockpath and isolate the headed parts to the body part of the blockchain,thats why the market caps is affected. Second is the unpredictable of ups and down the value price of altcoins  the main cause of  holding there asset,and until now the bitcoin is not regulated by the government.so this is some of the factors why the market is so sensitive at this time.
full member
Activity: 170
Merit: 100
July 31, 2017, 12:57:35 PM
#71
It is not about this moment. Altcoin market has always been sensitive. It is not regulated thus pump and dumps are quite frequent. It has low marketcap as compared to other monetary system. Thus, prone to high volatility. Also, it is decentralised thus anyone can buy and sell at any price. Thus creating more volatility. Altcoin market will remain like this only.

I knew this would happen from previous time. All altcoins were pumped synthetically to the moon and all of you guys jumped in them. This result was inevitable.

I hope next days could be even worse than today for altcoin prices.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
July 30, 2017, 01:01:53 AM
#70
This doesn't change anything in particular

Speculators are not just those who buy today only to sell tomorrow. These are any people who are hoping to earn profits by buying low and selling high no matter how long it takes to wait for the price to rise. Indeed, such people most likely won't be called speculators since buying and holding for longer terms is considered as "investing", but, as to me, it is all six of one and half a dozen of the other, especially in respect to purely financial (read speculative) assets like Bitcoin (where you can only mostly via rise in price)

Alright, then we all are speculators in a way, even not being traders. Smiley

Yeah, I'm not joking, it's true, because even holding we hope for the price to rise, and in fact if this happens we sell at the higher price later, like all speculators do.

Yeah, you got it right

This is how things work in general, though I wouldn't call everyone involved in Bitcoin a speculator. There are a few groups of people who are not speculators despite being Bitcoin users. The first group consists of miners who receive the fees and get paid miners' reward for allegedly doing something useful (i.e. confirming transactions). The second group is made up of folks (some of them are early adopters) who bought coins but they are never going to sell them no matter what (at least, so they say). What are they waiting for? They are waiting for Bitcoin to become a killer currency enjoying universal recognition across the world and for themselves to become new wealthy elites. The third group is a group of people who get paid with bitcoins for some job done. Obviously, even if they sell their bitcoins, they are not speculating. And the fourth group includes those who are actually trying to use Bitcoin as a means of payment, i.e. for buying goods and paying for services

Thanks for your great explanation! Btw I never thought there are people who are never going to sell their coins no matter what. I understand that you meant unless bitcoin is adopted worldwide and it costs one million per coin. Then selling small fractions of what they have they be the richiest elite of this world

This is not what they hope for

They actually hope that they won't have to sell bitcoins at all at any price, which is to say that they are going to wait for the times when there will be no more fiat (dollars, euro, whatever) sticking around. I don't know whether they are out of their mind (completely), but this approach allows you to actually save bitcoins and likely allowed these dudes to keep their coins intact when they were worth literally pennies and all the way up to thousands of dollars per Bitcoin. Anyway, if they change their stance for whatever reason, they will book quite handsome profits



And instaturn into dollar millionaires
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 29, 2017, 10:23:22 PM
#69
with the last 2 days, it seems market become more fluctuation, many trader using this moment to buy and sell bitcoin because they don't want to be late. if we take a look in the market, the price moves up and down and there is big order in the order buy and sell and this is makes market sensitive and makes some traders become panic to do buy and sell order.
full member
Activity: 152
Merit: 100
July 29, 2017, 09:02:30 PM
#68
Because of the large number of users and who use the market as a big commercial tool to experience Sensitive market today.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
July 29, 2017, 05:27:14 PM
#67
Because the fast growth, I expect the cryptoworld to slow down.

Look at the marketcap the last month/weeks, Its almost a pump and dump system these days.
Instead of people holding on to the coins they have and let the cryptoworld grow healthy, develop further and get more adopted by countries etc.
I really do not know whether the growth you are talking about is really not that much if you are comparing to the rest of the market,this market is just new and still it is just the beginning stage and we are yet to see the true potential in the future and then we will see how big the market would get,just wait and see how big the market will be when it comes to the next halving.
legendary
Activity: 882
Merit: 1000
July 29, 2017, 03:59:58 PM
#66
yeah I don't really like the idea why alt has to sufferred from bitcoin crash, people should really need to start making a crypto coin that not pegged to bitcoin lol.
It seems like you are comparing daily motion with YouTube. This is a common life example I you do not need further more knowledge after I have mentioned a best example for you. Bitcoin is a powerful and there is no one to beat bitcoin. But other altcoin are just a simple crypto currencies which are not that much level as bitcoin so people prefer bitcoin instead altcoins.
hero member
Activity: 1274
Merit: 622
July 27, 2017, 05:43:39 AM
#65
The high demand for Bitcoin is provided mostly by speculators

It is just another way to say that the high prices that we see today are due to speculators trading, though at another, more technical level. Obviously, the market price is ultimately determined by the balance of supply and demand. So when we say that speculators bid up the price, it essentially means that it is their bids that massively increase demand. Simplistically, the supply of bitcoins is provided by miners while the demand for bitcoins by speculators. If the latter withdraw their bids, the price will instantly crash since the supply of bitcoins will massively exceed the demand for them, and it will be rebalanced at much lower levels (i.e. prices)

Maybe it's too early for this kind of thinking but I have an impression that there are more people who buy bitcoin in order to just invest their money not for trading. As I said, maybe it's too early for this now, but in the future there will be hundreds of thousands traders and dozens of millions of investors or just users of bitcoin and demand from the latter will dominate in determining the price of bitcoin

This doesn't change anything in particular

Speculators are not just those who buy today only to sell tomorrow. These are any people who are hoping to earn profits by buying low and selling high no matter how long it takes to wait for the price to rise. Indeed, such people most likely won't be called speculators since buying and holding for longer terms is considered as "investing", but, as to me, it is all six of one and half a dozen of the other, especially in respect to purely financial (read speculative) assets like Bitcoin (where you can only mostly via rise in price)

Alright, then we all are speculators in a way, even not being traders. Smiley

Yeah, I'm not joking, it's true, because even holding we hope for the price to rise, and in fact if this happens we sell at the higher price later, like all speculators do.

Yeah, you got it right

This is how things work in general, though I wouldn't call everyone involved in Bitcoin a speculator. There are a few groups of people who are not speculators despite being Bitcoin users. The first group consists of miners who receive the fees and get paid miners' reward for allegedly doing something useful (i.e. confirming transactions). The second group is made up of folks (some of them are early adopters) who bought coins but they are never going to sell them no matter what (at least, so they say). What are they waiting for? They are waiting for Bitcoin to become a killer currency enjoying universal recognition across the world and for themselves to become new wealthy elites. The third group is a group of people who get paid with bitcoins for some job done. Obviously, even if they sell their bitcoins, they are not speculating. And the fourth group includes those who are actually trying to use Bitcoin as a means of payment, i.e. for buying goods and paying for services

Thanks for your great explanation! Btw I never thought there are people who are never going to sell their coins no matter what. I understand that you meant unless bitcoin is adopted worldwide and it costs one million per coin. Then selling small fractions of what they have they be the richiest elite of this world.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
July 26, 2017, 03:02:08 PM
#64
The high demand for Bitcoin is provided mostly by speculators

It is just another way to say that the high prices that we see today are due to speculators trading, though at another, more technical level. Obviously, the market price is ultimately determined by the balance of supply and demand. So when we say that speculators bid up the price, it essentially means that it is their bids that massively increase demand. Simplistically, the supply of bitcoins is provided by miners while the demand for bitcoins by speculators. If the latter withdraw their bids, the price will instantly crash since the supply of bitcoins will massively exceed the demand for them, and it will be rebalanced at much lower levels (i.e. prices)

Maybe it's too early for this kind of thinking but I have an impression that there are more people who buy bitcoin in order to just invest their money not for trading. As I said, maybe it's too early for this now, but in the future there will be hundreds of thousands traders and dozens of millions of investors or just users of bitcoin and demand from the latter will dominate in determining the price of bitcoin

This doesn't change anything in particular

Speculators are not just those who buy today only to sell tomorrow. These are any people who are hoping to earn profits by buying low and selling high no matter how long it takes to wait for the price to rise. Indeed, such people most likely won't be called speculators since buying and holding for longer terms is considered as "investing", but, as to me, it is all six of one and half a dozen of the other, especially in respect to purely financial (read speculative) assets like Bitcoin (where you can only mostly via rise in price)

Alright, then we all are speculators in a way, even not being traders. Smiley

Yeah, I'm not joking, it's true, because even holding we hope for the price to rise, and in fact if this happens we sell at the higher price later, like all speculators do.

Yeah, you got it right

This is how things work in general, though I wouldn't call everyone involved in Bitcoin a speculator. There are a few groups of people who are not speculators despite being Bitcoin users. The first group consists of miners who receive the fees and get paid miners' reward for allegedly doing something useful (i.e. confirming transactions). The second group is made up of folks (some of them are early adopters) who bought coins but they are never going to sell them no matter what (at least, so they say). What are they waiting for? They are waiting for Bitcoin to become a killer currency enjoying universal recognition across the world and for themselves to become new wealthy elites. The third group is a group of people who get paid with bitcoins for some job done. Obviously, even if they sell their bitcoins, they are not speculating. And the fourth group includes those who are actually trying to use Bitcoin as a means of payment, i.e. for buying goods and paying for services
legendary
Activity: 938
Merit: 1002
July 26, 2017, 01:43:32 PM
#63
You are right bitcoin market became sensitive this past few weeks maybe because more and more users are engaging in crypto-currency and somewhat bitcoin need some adjustments I think this would last up to the end of this year. There might be fluctuations but somehow it's a good chance for investment and trading we just have to trust in bitcoin and continue using it

It is not the adoption that make bitcoin market sensitive, it is the argument between camps on what to implement to solve the bitcoin scalability.  Aside from that, whales are taking advantage of these situation making the market highly volatile.  But it is somehow solved by the announcement of some major exchanges regarding the rejection of the other chain that will split from bitcoin ,main chain.
We may go for accepting that bitcoin is under high sensitive phase as it is not giving any clue on what is going to happen like rising up or falling down. Only after how bitcoin miners accepting the segwit will be deciding the out come of this sensitive phase.
legendary
Activity: 2954
Merit: 1153
July 26, 2017, 01:17:37 PM
#62
You are right bitcoin market became sensitive this past few weeks maybe because more and more users are engaging in crypto-currency and somewhat bitcoin need some adjustments I think this would last up to the end of this year. There might be fluctuations but somehow it's a good chance for investment and trading we just have to trust in bitcoin and continue using it

It is not the adoption that make bitcoin market sensitive, it is the argument between camps on what to implement to solve the bitcoin scalability.  Aside from that, whales are taking advantage of these situation making the market highly volatile.  But it is somehow solved by the announcement of some major exchanges regarding the rejection of the other chain that will split from bitcoin ,main chain.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 26, 2017, 01:01:15 PM
#61
We saw enormous grows the last years in the cryptoworld.
The marketcap was exploding the last years.

Because the fast growth, I expect the cryptoworld to slow down.

Look at the marketcap the last month/weeks, Its almost a pump and dump system these days.
Instead of people holding on to the coins they have and let the cryptoworld grow healthy, develop further and get more adopted by countries etc.

No, people get scared the moment the market cap gets to high and instant sell with little profit.
If this trend keeps going, I feel the cryptoworld going nowhere the coming 2 years.

This market is very very sensitive, were talking about a big future here.
Yet people want to make quick bucks and keep on pump and dumping.

I have no doubt in the following 4 years, the cryptoworld is at the 500B cap.
We all want to make money, thats why the most of us are investing anyway. But IMAGINE what the coins you own could be worth in 2020?

Yet trading is a good way to make some bucks, and the experienced cryptotraders know what they are doing.
But for the newcomers this is scary, the moment they see the investment they made go down 5% they sell.

Its just repeating itself the last weeks.

My expectations of btc and eth are bright. Btc reaching the 5K mark at 2020. And eth going 1k.
Altcoins are such a gamble, for now they seem like a good way to make huge profits. But I dont see a real way of them getting used in the long future.

In short: Were at the pump and dump routine now, if we want this world to grow, have faith, let newcomers also gain trust in the cryptocurrency, countries will jump on this currenry the moment its truly developed and not some "gambling" market.
1st of August will either have a positive impact or a negative, I cant really give my expectations, cause at this moment the market is unpredictable.

What are you're thoughts? How you feel the market growing this year?




A gambling market? If you think cryptocurrencies are a gambling market, then you don’t know that the biggest casino of all is not in las vegas is in New York and it is called Wall Street, maybe the change in price is not as abrupt as in bitcoin but the amount of money moving in that casino is way bigger.
full member
Activity: 266
Merit: 111
July 26, 2017, 07:19:23 AM
#60
You are right bitcoin market became sensitive this past few weeks maybe because more and more users are engaging in crypto-currency and somewhat bitcoin need some adjustments I think this would last up to the end of this year. There might be fluctuations but somehow it's a good chance for investment and trading we just have to trust in bitcoin and continue using it
hero member
Activity: 1274
Merit: 622
July 26, 2017, 07:07:16 AM
#59
The high demand for Bitcoin is provided mostly by speculators

It is just another way to say that the high prices that we see today are due to speculators trading, though at another, more technical level. Obviously, the market price is ultimately determined by the balance of supply and demand. So when we say that speculators bid up the price, it essentially means that it is their bids that massively increase demand. Simplistically, the supply of bitcoins is provided by miners while the demand for bitcoins by speculators. If the latter withdraw their bids, the price will instantly crash since the supply of bitcoins will massively exceed the demand for them, and it will be rebalanced at much lower levels (i.e. prices)

Maybe it's too early for this kind of thinking but I have an impression that there are more people who buy bitcoin in order to just invest their money not for trading. As I said, maybe it's too early for this now, but in the future there will be hundreds of thousands traders and dozens of millions of investors or just users of bitcoin and demand from the latter will dominate in determining the price of bitcoin

This doesn't change anything in particular

Speculators are not just those who buy today only to sell tomorrow. These are any people who are hoping to earn profits by buying low and selling high no matter how long it takes to wait for the price to rise. Indeed, such people most likely won't be called speculators since buying and holding for longer terms is considered as "investing", but, as to me, it is all six of one and half a dozen of the other, especially in respect to purely financial (read speculative) assets like Bitcoin (where you can only mostly via rise in price)

Alright, then we all are speculators in a way, even not being traders. Smiley

Yeah, I'm not joking, it's true, because even holding we hope for the price to rise, and in fact if this happens we sell at the higher price later, like all speculators do.
hero member
Activity: 2660
Merit: 551
July 26, 2017, 04:47:13 AM
#58
In my opinion all altcoins are a bubble created to make easy money off greedy people. While some of them offer some good things on paper(like contracts in Eth), the main purpose is to pump and dump. This crypto business is still in its infancy and so many things are going to change and so many people are going get crashed during this process.
Not all altcoins, what is the basis of your statement, check on the top 5 markets of altcoins especially the Ethereum
who were able to compete with bitcoins in terms of marketcap. Ethereum is the most traded altcoins in the market nowadays
and some experts believe it will overtake bitcoin in the future in terms of profitability.

Read my reply again, I said "some of them offer some good things on paper(like contracts in Eth)" but again this does not change the fact that everybody wants to jump on the wagon created by Bitcoin. Pretty much every alt coin promises something that Bitcoin doesn't have. That's their selling point after all. The thing is though do we really need those things they promise? I'm not against Eth btw, I'm following it closely.

I also don't think marketcap is a good metric for coin strength.

Of course market cap is not a very good basis for saying a coin has strength. Yes, not all but most of them are really for pumping and dumping. Simply for profit and greediness of some of the traders. You will get lucky of you bought coins that are going to be pump and later on dump by some groups. You just need to go with the flow.
full member
Activity: 168
Merit: 100
July 26, 2017, 04:39:20 AM
#57
So many of the market users who are sensitive, and now unhealthy, we will not do much.
What's with this guy do you leave bitcoin ??
full member
Activity: 212
Merit: 100
July 26, 2017, 02:42:18 AM
#56
The market is sensitive because the users are so many, so all will feel panic quickly they offer their products. Bitcoin has a good market for the market in this situation that will bring it down in the market dramatically.
hero member
Activity: 1190
Merit: 534
July 26, 2017, 12:38:07 AM
#55
I respect your opinion but 2020 is too much time for Bitcoin to reach $5K mark, I believe that bitcoin will reach $5K in next year itself and in the year 2020, the price is not going to be anywhere below $20K. Yes, this is my personal opinion and might be completely wrong. I agree with you that crypto market is sensitive at this moment and I think the reason is that, it is not yet established and there is a lack of awareness among the users. Recent price fall under pressure of 1 Aug event clearly highlighted that aspect but still, I am optimistic about the average maturity of crypto user will be much higher than that of today.

  Bitcoin will reach $5k before the end of this year. If not, in 2018 surely. The crypto market will continue being chaotic until the mass public adopts it, which will not be for some time yet.
  Look at personal computers. They were first brought to the market in the 70's, but it wasn't until the mid-90''s that many households began getting them. If a similar trend happens with crypto, we can expect it to take until the mid 2020's to gain significant traction. Until then, get used to the chaos.

Agree, but since Bitcoin has the only requirement of good connectivity, there is already a huge ground available for the growth. Yes, technically it will remain chaotic for next few years. A large part of the population is already using digital wallets for their fiat funds and thus using Bitcoin won't be a big issue for them. Thus the evolution of computers was a foundation for the upcoming technologies like blockchain.
hero member
Activity: 1078
Merit: 514
July 26, 2017, 12:17:02 AM
#54
The market becomes sensitive because of people that are using it. They are panicked real quick and starts selling everything they have got. The circulation of bitcoin in current situation then increases a lot in the market and drops the value dramatically. That is well know trouble by us. The only way to change the sensitivity of market is by changing the views against market drops. Sudden reaction will always make bitcoin or other coins weak loosing the value.




Only crypto newbies get panicked, whales stayed cold to the price's fall. But what to do? I think that's the only way how newbies can learn the market and become big players or experts one day.
member
Activity: 75
Merit: 10
July 25, 2017, 10:14:34 PM
#53
In my opinion all altcoins are a bubble created to make easy money off greedy people. While some of them offer some good things on paper(like contracts in Eth), the main purpose is to pump and dump. This crypto business is still in its infancy and so many things are going to change and so many people are going get crashed during this process.
Not all altcoins, what is the basis of your statement, check on the top 5 markets of altcoins especially the Ethereum
who were able to compete with bitcoins in terms of marketcap. Ethereum is the most traded altcoins in the market nowadays
and some experts believe it will overtake bitcoin in the future in terms of profitability.

Read my reply again, I said "some of them offer some good things on paper(like contracts in Eth)" but again this does not change the fact that everybody wants to jump on the wagon created by Bitcoin. Pretty much every alt coin promises something that Bitcoin doesn't have. That's their selling point after all. The thing is though do we really need those things they promise? I'm not against Eth btw, I'm following it closely.

I also don't think marketcap is a good metric for coin strength.

I wonder if a coin will come along that offers everything all of the altcoins do, and more. Think about early social media such as MySpace. Clearly it was missing something or it would still be around... and now we have Facebook. Eventually a coin might appear with far more features and ease-of-use then BTC and everyone will jump ship just like Facebook.

Yeah, what you say is very true about facebook replacing myspace and I think it is definitely possible that something similar can happen in crypto space too. We just don't know what we will need in the future. Even with Bitcoin, nobody probably predicted that it would come to this point and this is probably just the beginning in this long journey.
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