The fourth quarter of 2018 not the brightest

Scompe_BTC

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Quote from: exstasie on November 18, 2018, 03:24:48 PM

Quote from: pooya87 on November 17, 2018, 12:59:22 AM

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the market is crashing very badly in November.

it is not crashing, it dropped and then stopped. and it is all about the short term drama of BCH.

I'd agree that sellers haven't established follow-through on the initial selloff. But this is often the case in a bearish consolidation: short term selling gets exhausted and you see a dead cat bounce.

What makes you think it's all about BCH drama?

Short term selling always hits most of the traders. They can’t resist the pressure of this hit. People need to understand how to be smart and to deal efficiently with such trading aspects.

exstasie

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Quote from: pooya87 on November 17, 2018, 12:59:22 AM

Quote

the market is crashing very badly in November.

it is not crashing, it dropped and then stopped. and it is all about the short term drama of BCH.

I'd agree that sellers haven't established follow-through on the initial selloff. But this is often the case in a bearish consolidation: short term selling gets exhausted and you see a dead cat bounce.

What makes you think it's all about BCH drama?

sheenshane

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Quote from: WatchMaker on November 18, 2018, 12:36:46 PM

Quote from: Lmaooo on November 16, 2018, 09:57:15 AM

the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.

Indeed, some years are good for cryptocurrency and some years are bad for the market. I believe in current cryptocurrency stage we gonna see a lot of ups and downs hopefully the market will settle from time to time. The market still need more money to recover which I think it will take a year or two for the market to truly flourish.

We know that the market is unpredictable we can still wait until this year end. We have more than a month to wait and I think that is a long way to wait at least the market will recover even not in the bull run. I think it is possible now to have a bull run market, I don't even read good news that the market begins to spike and increase. So, at this moment we don't have anything to do is just to wait when the market recovers itself.

rickadone

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Quote from: Lmaooo on November 16, 2018, 09:57:15 AM

the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.

We can't always have sunshine and margaritas on the market every single year, sometimes you have a bad year, that happens in finance world all the time, we better get used to this kind of stuff time to time. In 2012 bitcoin went up, in 2013 too, in 2014 it dropped a lot, in 2015 it got up again, in 2016 it raised a bit and in 2017 we had the biggest bull run of bitcoin and in 2018 we had a bad run again.

It tells me we will definitely see a huge increase in price in 2020 with the halving if the calculations are similar. 2014 wasn't a bright year for bitcoin as well but we overcame that and now those prices look funny to us. In 2014 the price dropped from 1400 to 200, those prices are fraction of what the bitcoin price is right now. Lets hope that in 2020 we will look back on dropping from 6 thousand to 5 thousand as funny memory.

WatchMaker

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Quote from: Lmaooo on November 16, 2018, 09:57:15 AM

the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.

Indeed, some years are good for cryptocurrency and some years are bad for the market. I believe in current cryptocurrency stage we gonna see a lot of ups and downs hopefully the market will settle from time to time. The market still need more money to recover which I think it will take a year or two for the market to truly flourish.

Pumapipa

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Yep, agree on that the fourth quarter of this year Bitcoin suffered a lot and literally bled its guts out. Many were left wondering if this is just a phase that bitcoin will have to over come or is this the beginning of a slow and painful death for bitcoin. It is just so disappointing to watch the total reversal of the trend that bitcoin once put on last year.

khufuking

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The quarter is not ended yet! And if there is any market in the world that is capable to make huge moves in just a few weeks it is Cryptocurrency market, I think we still have time, I agree that the chance is getting lower and lower but nothing is impossible, some might say this is crazy but the last dip might be a sign for upcoming big moves upwards not downwards.

qualitywork

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Bitter truth, every single person was waiting for the last quarter of this year as even I believed the market will go till $15k comparing to last year but the market is still red and the price is dropping. Hope it I'll recover very soon.

liuqi

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Quote from: bitcoin31 on November 17, 2018, 06:01:26 PM

The fourth quarter or the last quarter of this year 201i8 is not good for me because price of the bitcoin decrease the value more compared to the 1st and the third quarter of 2018 price is better. But we can do better if the price of the bitcoin increase again

This year we never see the good pump in the market. But fourth quarter is not completed yet so how peoples are judged it will be failed in this year. I hope Bitcoin is still time to growing well in the market because every year December is the fastest moving month so let see what will happen in next month.

minersday

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Quote from: Lmaooo on November 16, 2018, 09:57:15 AM

the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.

I still remember when everyone was saying that on the 4th quarter we were gonna see bitcoin surpassing the $50,000 mark. This is quite funny to be honest.

But i am still confident in that we are going to see those prices in a near future, probably in a decade, but it will finally come in here.

bitcoin31

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The fourth quarter or the last quarter of this year 201i8 is not good for me because price of the bitcoin decrease the value more compared to the 1st and the third quarter of 2018 price is better. But we can do better if the price of the bitcoin increase again

Oceat

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The speculation of the people didn't went that way and what they have been expected was the opposite of the results. While some of them are switching from Bitcoin to Altcoin because of the sudden fall of the price in the market.
Forks are changing people because of their desperation while seeing the market falling since the first month of the year.

btc_angela

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Quote from: bering on November 17, 2018, 12:48:45 PM

Since january people will always be talking about downtrend and apparently it will continue until december however i think we have to stopped compare situations between 2017 and 2018 because it is clear that downtrend will dominate the market until end of this year but don't mean cryptocurrency market hopeless because we still have next year which is every possibility will be happened

By now it was a complete opposite. 2017 was the year of the bulls and today the bears just dominated the market and it seems we can't get out of this trend. So the sooner we affect the fact, the better it is for us specially in making our trades. So we need to be flexible and no longer need to compare from the 2017 madness because it won't happen again.

bering

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Since january people will always be talking about downtrend and apparently it will continue until december however i think we have to stopped compare situations between 2017 and 2018 because it is clear that downtrend will dominate the market until end of this year but don't mean cryptocurrency market hopeless because we still have next year which is every possibility will be happened

gabmen

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Quote from: posi on November 16, 2018, 11:27:37 PM

Quote from: Lmaooo on November 16, 2018, 09:57:15 AM

the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.

Well, I dont agree with you concern what you said about the fourth quarter to determine yearly market status because the last 2 months of every year are time crypto currency market usually face some dump in price because thats the time some people spend some of their coins. But, I can only say this year market is not been fair to those that bought during the last ATH and they are smart enough they have to buy in this dip.

Nah if you've observed dude for the past 10 years, mostly the last 2 months are the ones that had considerable growth. I don't think people are spending bitcoins for the holidays. It's mid november and usually by this time the price should be in a positive movement however it's not.

pooya87

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Quote from: Lmaooo on November 16, 2018, 09:57:15 AM

the fourth quarter of the year normally determines whether that year is good or bad for the crypto market.

not really!
the year is good if the year is good not if in a couple of months price goes up! and being "good" is somewhat subjective. last year was good because price was rising. this year is also good because price came down and let people who were left behind to catch up in accumulating bitcoin.

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if you look at the last year 2017 the cryptocurrency market started booming in the early October

not really!
bitcoin price by October was already 6 times higher than the beginning of the year so you can't say it "started booming"!

Quote

the market is crashing very badly in November.

it is not crashing, it dropped and then stopped. and it is all about the short term drama of BCH.

Quote

i guest this year is not the good one for bitcoin and the cryptocurrency in general.

it is good for altcoins too, since now that they have gotten dumped you can see that they are getting closer to not-be in a bubble anymore and you can start calling their prices healthy again if they continue this way.

posi

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Quote from: Lmaooo on November 16, 2018, 09:57:15 AM

the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.

Well, I dont agree with you concern what you said about the fourth quarter to determine yearly market status because the last 2 months of every year are time crypto currency market usually face some dump in price because thats the time some people spend some of their coins. But, I can only say this year market is not been fair to those that bought during the last ATH and they are smart enough they have to buy in this dip.

jamids

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Quote from: Lmaooo on November 16, 2018, 09:57:15 AM

the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.

If you compare it to previous year then we are not doing really that good this year because instead of the price creeping up, it is slowly going down causing disappointment and some though panic for the dumping of price. Instead of worrying though about the price, you can think of ways to still be able to earn in this kind of market by either trading for short term because there is still volatility. You can also short it but it is not recommended for those who are just starting to trade because there is a tendency that they would liquidate their account with just a blink.

dothebeats

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Q4 2014 was also not the brightest, and mind you it's exactly a year from the previous ATH, just like what we're having right now. To think that everyone is drawing a line and assuming that to be the movement of bitcoin is kinda sad knowing how volatile this market could get. 2015-2017 Q4 bull runs was a streak, that's a fact, but how certain are we that it's going to repeat the same trend? Most broke people right now are the ones who blindly invested in bitcoin without any statistics and facts to back their investment, just charts from the past 3 years. Current market conditions aren't the same as they were for the past 3 years lol, get a grip.

creeps

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Yeah, this is not a good year for cryptocurrency because we dump so much in terms of value but I think if you look at the technology itself you can see that we grow a lot this year. Many coins traveled already around the world, many project succeed on their ICO, and many coins are able to partner with the established businesses which we can consider a successful year.

We are just too focus on the price of the market and sometime we forget about this thing, and because of this growth we can see a great run in the coming next year. Adoption may take more time but the value of a great coin will bounce higher when the time investors see the importance of this market.

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