The market looks boring 2019 - page 5.

deisik

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Quote from: exstasie on January 26, 2019, 03:14:50 PM

Quote from: bitgolden on January 26, 2019, 10:55:47 AM

I think this week has been more than just boring, it is also a bit depressing as well. We got our CBOE basically rejected (withdrawn) and market didn't even respond to that, I understand the need to go higher in price but when the price declines to go up AND down it looks really frightening to me.

It's a good thing. Consider the alternative: during strong bear markets, bad news causes selloffs. The lack of market reaction to the VanEck news suggests we might be in the long, quiet low volume period that precedes bull markets. Something like February - August 2015. If no one is selling on bad news, it starts to look like seller exhaustion

Obviously, no one is going to sell at such prices (this is called supply squeeze)

Well, unless some whale is forced to liquidate his stash for whatever reason. And then we can easily see Bitcoin crash to new local lows as it is not clear either how much support is underneath at the moment. But that's not my point. Even if there are no more sellers at this price, you will be surprised how many will pop up at prices closer to the 5k mark. It will take a huge surge in demand to cut through that resistance. And while we are at it, things don't look similar to the first half of 2015. But I seem to repeat myself

exstasie

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Quote from: bitgolden on January 26, 2019, 10:55:47 AM

I think this week has been more than just boring, it is also a bit depressing as well. We got our CBOE basically rejected (withdrawn) and market didn't even respond to that, I understand the need to go higher in price but when the price declines to go up AND down it looks really frightening to me.

It's a good thing. Consider the alternative: during strong bear markets, bad news causes selloffs. The lack of market reaction to the VanEck news suggests we might be in the long, quiet low volume period that precedes bull markets. Something like February - August 2015. If no one is selling on bad news, it starts to look like seller exhaustion.

munify

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Yes, I also feel bored with the weakening of the price of cryptocurrency, but if I choose to sell then I will suffer losses, and therefore I will be patient in enduring to wait for recovery.

Rapidgator

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Quote from: ethereumhunter on January 26, 2019, 02:00:53 AM

Sometimes, I feel tired of looking at the market because the market is not trying to break the higher price or there is no pump happens in the market. Yes, the market looks boring and makes some of us confused about what they want to do next because if they make a wrong decision, they can get a trap at the high price if they trade. But still, I think we need to make another thing and don't look at the market too often, so we don't think that the market is boring.

I think it is a good sign that more and more people are bored about the market situation right now, maybe we're really near bottom or already bottomed out, let's wait, be patient and see.

bitgolden

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I think this week has been more than just boring, it is also a bit depressing as well. We got our CBOE basically rejected (withdrawn) and market didn't even respond to that, I understand the need to go higher in price but when the price declines to go up AND down it looks really frightening to me.

Last time something like this happened and the market didn't react that kinda showed us how much the regular public has control over the price and how much the whales did. Since the market is not controlled and changing because of the daily stuff the only thing that could change the price right now is a huge movement, there needs to be a huge buy or huge sell to change the way we are stabilized right now and considering it is more common for whales to sell a lot of coins instead of buy, it looks like it could be dangerous.

goaldigger

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Boring? But why did i find it more exciting this year? The urge to get profit from this unpredictable market excites me. Besides, 2019 is just starting and its to early to declare that idea. We are already done battling for the market last 2018, now ia the time to conquer it. Im looking forward to 2019 and its not boring.

Dodoymabs

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I somehow in favor of those quotes about long-term investment because we already know the story behind about this. Many of those lucky hodler who are surprise about their sleeping asset which it resulted a greater success. Cryptocurrencies experience different kind of difficulties which in fact it gives big impact about its value. So, we should always be positive in it and continue to support.

St4yInTh3D4rk

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Quote from: jonaire99 on January 25, 2019, 11:12:46 PM

If you are one of the long term holders that's been waiting for another bullrun then more boring months to come. Bullrun may also happen when the whole crypto community least expected it so while it is yet happening, it is good to buy coin this early. Try also trading, it is more risky but an exciting one. But you must have to learn proper ways of trading firsf before you srart to trade.

Don't try trading when the market is stable the chance of losing money is more than making it so just buy it and keep it in a safe wallet with the hope of bull run will begin sooner.It is the time the whale will take off the prices in my opinion so people who are much smarter will already be ready to face it,what about you. Wink

ethereumhunter

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Sometimes, I feel tired of looking at the market because the market is not trying to break the higher price or there is no pump happens in the market. Yes, the market looks boring and makes some of us confused about what they want to do next because if they make a wrong decision, they can get a trap at the high price if they trade. But still, I think we need to make another thing and don't look at the market too often, so we don't think that the market is boring.

jonaire99

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If you are one of the long term holders that's been waiting for another bullrun then more boring months to come. Bullrun may also happen when the whole crypto community least expected it so while it is yet happening, it is good to buy coin this early. Try also trading, it is more risky but an exciting one. But you must have to learn proper ways of trading firsf before you srart to trade.

deisik

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Quote from: figmentofmyass on January 24, 2019, 01:05:14 AM

Quote from: yugo23 on January 23, 2019, 05:11:55 AM

Indeed if boring means stable for you.

Halving being in 2020 there is no reson to see anything spectacular this year.
Probably a slow and long rise of BTC price for the next months. After we find the real bottom.
I'd say about 3k$.

But it's not boring, it's great! You don't need to see price changes of 30% every week, that's not very good for a market... It attracts speculators and traders but it doesn't fit well with real users.

Keep speculators at bay and bring the users.

it sounds cliché, but it's true. in a long term distribution cycle like this, the speculators are a huge drag on price. they're not buying coins to hoard or transact with (removing supply). they're buying coins to sell higher. so in a big downtrend, they represent supply and resistance---either selling into bounces to cut losses, or selling into crashes out of capitulation

Removing supply without actual adoption mostly leads to volatility

That is, it doesn't lead to price growth as many erroneously think or assume. Interestingly, it works for both ends of the price stick, i.e. when the price is low and when the price is high due to supply squeezes (look here and here if you feel interested). You may ask that, technically speaking, real adoption also leads to a diminishing supply available for speculation which in turn should also cause an increase in volatility. But this your home assignment to answer why it doesn't

figmentofmyass

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Quote from: yugo23 on January 23, 2019, 05:11:55 AM

Indeed if boring means stable for you.

Halving being in 2020 there is no reson to see anything spectacular this year.
Probably a slow and long rise of BTC price for the next months. After we find the real bottom.
I'd say about 3k$.

But it's not boring, it's great! You don't need to see price changes of 30% every week, that's not very good for a market... It attracts speculators and traders but it doesn't fit well with real users.

Keep speculators at bay and bring the users.

it sounds cliché, but it's true. in a long term distribution cycle like this, the speculators are a huge drag on price. they're not buying coins to hoard or transact with (removing supply). they're buying coins to sell higher. so in a big downtrend, they represent supply and resistance---either selling into bounces to cut losses, or selling into crashes out of capitulation.

we need these weak hands to sell out to stronger hands, particularly real users who aren't intent on dumping coins back on the market. that takes time: in 2015 it took something like 9 months after the final capitulation selloff occurred before the bull market was re-established. indeed, it's probably gonna be a boring 2019.

2chase

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It is impossible to give any advice with confidence after the last year has become completely disastrous for most investors, now it is simply dangerous to give advice to anyone - because if what you advised does not happen, then the entire burden of responsibility for this can fall on you from side of the one to whom you gave such advice.

Tagus45

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To get the results that are expected to be certainly not as easy as turning the palm of the hand, in difficult times for crypto like today, we need to survive, the market is boring but I think going forward will recover and provide real profits.

deisik

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Quote from: enhu on January 23, 2019, 11:21:34 AM

Quote from: deisik on January 23, 2019, 05:34:19 AM

Don't be fooled by this seeming calm as it is the calm before the storm, always

Do you mean the price could just dip once again to $2k?

As I say, beware of still waters, silent dogs, and boring markets

If anything, the current "boring" market is in fact quite scary. The same shit happened in September through October (and early November) last year, when the price had been stagnating in a similar pattern in the 6-7k range. And within two weeks (or so) it crashed 2 times. Folks say that it was because of the hash wars but personally, I think they were only a trigger, if at all. So let's all hope and pray that the price won't crash lower

shield132

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Quote from: cybersofts on January 13, 2019, 02:31:48 AM

The market is looking so boring this year

Bakkt launch is a joke.
Bitcoin ETF is becoming political.

On the market prediction side:
Tom Lee is a joke
Arthur Hayes is a joke
Mike Novogratz is a joke
Changpeng Zhao is calm
John McAfee is a psycho
Jamie Dimon is laughing

And we are all panic, no more pretending now

What we all gonna do now? I failed all my goals in 2018 and I don't want to fail this year again.

What is your advice, guys?

Really boring begining of 2019 year, price is stuck in 3.5K and it only falls which is very bad. As I see everyone wants high pricr, mining is unprofitable, traders didn't see any significant profit so why does it all still happen? If we all want high price, also new year is related to something new in life (still for many people), new begining, why are we still in stuck? Seems can't get answer on this. Once I thought it all was related to mining but it has been continuing so long that now I have no idea.

kentrolla

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Boring 2019? We have just started and there is a long way to go. The first quarter results doesn't demonstrate the ability of market it's just a matter of time. We are still in the bearish market which is expected in the first quarter as last year's predictions were just hype not a reality. If you want to see a massive pump then hodl and wait for your day.

joshv06

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Quote from: sunanbonang on January 23, 2019, 05:18:57 AM

so far the market has not shown signs of recovery, and waiting for the market to recover is indeed very boring. it's better not to look at the market for a long time or you will be disappointed.

we cannot predict the year look boring because we are just in the first quarter of this year and market will pump up slowly in the upcoming quarters i believe but we are in harder time and we have to be patient and start looking out for other options as well to get profit.

enhu

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You can't say its a boring year for crypto, the year has just started. If the price right now is somehow getting stable, you can assume there is something that will happen in the coming weeks. I never saw something that could happen to some atlcoin today but certainly there are big development.

Quote from: deisik on January 23, 2019, 05:34:19 AM

Don't be fooled by this seeming calm as it is the calm before the storm, always

Do you mean the price could just dip once again to $2k?

deisik

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Quote from: yugo23 on January 23, 2019, 05:11:55 AM

Indeed if boring means stable for you

The term "stable" is an absolute misnomer here

Since no speculative market can be considered stable by definition, quasi-stable at most. It is so because only real value can truly support prices at a certain level. But in the lack of such (which is the case with cryptocurrencies), no price should be considered stable as it can crash or surge instantly due to purely speculative (read, arbitrary) reasons (e.g. some whale dumping his massive stash of coins)

Quote from: yugo23 on January 23, 2019, 05:11:55 AM

But it's not boring, it's great! You don't need to see price changes of 30% every week, that's not very good for a market... It attracts speculators and traders but it doesn't fit well with real users

Don't be fooled by this seeming calm as it is the calm before the storm, always

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