Topic: The whole market is experiencing slump in last few days. - page 2. (Read 643 times)
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
Is it really experiencing a slump? For me ever since February which is over 4 months now it has been the same experience. Go up a little come back down and rinse and repeat.
Yes, we all have seen some kind of drastic price fall from last few days. As a feature of financial instrument I think this is not so unnatural. And so I do believe it will be back shortly. Your opinion will be highly appreciated.
Yes, we are experiencing a price fall and many are getting worried and again the people who are against bitcoin are taking the opportunity again to make negative comments such as bitcoin is going to fade and it will die soon. Only a fool will listen to this negative comments that they are making but then again this has an effect to many investors especially the new ones. So far this issue of market manipulation has no hard facts or evidence that this is actually happening this are all speculations.
Manipulation patterns are obvious, but indeed, without actual proof we can't say it's actually happening, even though we for sure know it happens.
Think about it, if multi trillion dollar asset markets are subject to manipulation, don't you think the same entities will throw in some pocket change and play with Bitcoin in the same way? I think it's actually pretty foolish to not think there is manipulation going on. The market is heavily being manipulated right now, and this manipulation has been going on since the very beginning of Bitcoin being a tradable asset.
Bitcoin's market is extremely illiquid, especially in traditional market standards, so just a small amount of capital from institutions is enough to make Bitcoin go beyond the moon straight to Jupiter. If we also add that you only need to manipulate the price on one or two main exchanges, then they can even blast the price to Pluto.
The market is not positive and since the beginning of may , the price of major cryptocurrency has been fallen and not all that stable. It may take some time for it reach it true price.
it's really important that we all have to stay patient waiting for the market back up again as before, because in this month same month last month the market experienced an unimaginable decline. but with the time is not long certainly the market will be back in the originala couple of things here that you should not confuse with each other.
first one is that you should confuse "patience" that people keep repeating these days with "bag holding". for the past couple of months what has been happening among newcomers was that they bought a lot of different altcoins because the social media was telling them how good they are and now they are being lulled into having "patience" where in fact they are bag holding and losing money every day.
second is what you called "original" doesn't mean anything. a certain price that happened before doesn't have to be the real value and coins certainly don't have to go back there anymore. in fact a lot of the altcoins will never go back up let alone going back up to their ATH in a bubble.
As long as bitcoin is landing at the safety of $7,000 there shouldn't be a problem.
This is still a safe haven that is next to the lowest price that we've seen after it hit $20,000 and I'm talking about $6,000. We should get used to it and let's support bitcoin although it's a little bit of slow.
This is still a safe haven that is next to the lowest price that we've seen after it hit $20,000 and I'm talking about $6,000. We should get used to it and let's support bitcoin although it's a little bit of slow.
It all happen as a result of the serious decline in value of Bitcoin since in most cases Bitcoin is the major determinant of crypto currency market.
This is exactly the point despite the various onslaught against bitcoin especially from within the crypto space, the performance of all coins is dependent on its price at the moment. In the future this might change, but its not happening now. I have even come to realize that anytime the price of bitcoin should drop, the market is dropping so also when the price rises. The perfect reason for this, I don't know but I think the best thing is for everyone to stand together not bickering about which one is the best, which one is the real bitcoin, or which one is exactly Satoshi's vision, when this is done, efforts can then be aggregated to face the external force which has been raging its war and its expected to get more intense in the coming days.
This is not new and up and down is the cycle of this market. You either accept the nature of this market or loose money through panic sell and unreasonable buying. If slump happen it will always be the time to buy and if pump happen time to sell and the cycle keep repeating itself several time.
I suspect there has been manipulation in bitcoin. And recently there is also news that the US Justice Department opened a criminal investigation into the possibility of market participants manipulating the price of Bitcoin and other crypto currencies,
The investigation includes an examination of spoofing practices, in which an investor makes an order intended to manipulate the price of an instrument, and flood the market with fake orders.
So far this issue of market manipulation has no hard facts or evidence that this is actually happening this are all speculations. The only constant with cryptocurrencies is its volatility.The investigation includes an examination of spoofing practices, in which an investor makes an order intended to manipulate the price of an instrument, and flood the market with fake orders.
It is not just in the last few days but it is more than months since we are seeing that bitcoin price undervalued base on the ATH last year or we can call this bear market situation since it crashed for almost 70% whole crypto market was affected by the large crash, somehow Hoping that June was the start to gain more ups rather than crashes eating the 10k wall like a piece of junk.
In more than months ago the price dropped about more than 70% and after that the price is at that place and now there is the fluctuations which is common in bitcoin market from the beginning. The price of bitcoin will continue to rise and fall at some intervals and in some time we will see some more investors coming and we will see a more increase in the price of bitcoin.
It all happen as a result of the serious decline in value of Bitcoin since in most cases Bitcoin is the major determinant of crypto currency market.
Yep. You are correct, the market will slowly gain and reach the highest price shortly. Crypto currency market is always volatile and for this matter all the money related market even the share market is volatile. Yu can see the past years trend and from June the market gets stabilized and will strive towards high price, lets wait for the market to give its outcome.
Yes, we all have seen some kind of drastic price fall from last few days. As a feature of financial instrument I think this is not so unnatural. And so I do believe it will be back shortly. Your opinion will be highly appreciated.
And its going back now,look at the market seems tobe greenfield again.Many issues has been thrown again in crypto specially bitcoin thats why investors got scared and no choice but to withdraw their funds to stop the loss.this is the problem in volatility if a large of fund withdrawn the effect will multiplied in market
The market is not positive and since the beginning of may , the price of major cryptocurrency has been fallen and not all that stable. It may take some time for it reach it true price.
it's really important that we all have to stay patient waiting for the market back up again as before, because in this month same month last month the market experienced an unimaginable decline. but with the time is not long certainly the market will be back in the originalWell it only seem as an unimaginable decline because we touched almost 20k for our all time high last december. That isn't a normal movement of btc and it's understandable that we're going to have a backlash after that. Look at the charts from a bigger point of view and you'll see that month per month, we're still growing. I just don't know how the last quarter would be though since that ath would be hard to touch again.
Whatever happening to the price of bitcoin or cryptocurrency is a normal phenomenon and can be called or regard as natural for it will rise back to it usual price in time to come. Will can't if its as a result of FUD for bitcoin but for some altcoin; they are been affected FUDs and also the price of bitcoin. If you invested in bitcoin and also other prominent cryptocurrency, its best you hold on for brighter days ahead.
People like to talk about the price being manipulated and it is probably that it happens but I think the scale is lesser than what people think, what we are seeing right now is completely natural and bitcoin has done the same several times already, each time the price of bitcoin skyrockets and it reaches an all time high the price crashes and then it needs sometime to recover during this period many lose their faith in bitcoin and sell for a bad price and then when they see the market growing again they realize they made a mistake.
Absolutely. It's not really out of anyone's expectation that bitcoin has not performed as well this year compared to last year, because of the simple fact that we've entered the bear market stage of the cycle at the start of the year.
That's completely natural. What was unnatural was probably the FOMO buying that brought prices up to $10k. Of course, that was met with huge resistance and a pretty big correction, which is why we're here right now.
I wouldn't confidently say that prices are going to be recovering yet, but I believe that it's only a matter of time. Dips like these should be excellent opportunities to buy, when everyone else is panic selling.
That's completely natural. What was unnatural was probably the FOMO buying that brought prices up to $10k. Of course, that was met with huge resistance and a pretty big correction, which is why we're here right now.
I wouldn't confidently say that prices are going to be recovering yet, but I believe that it's only a matter of time. Dips like these should be excellent opportunities to buy, when everyone else is panic selling.
Patience and expertise are the two main things for the investment in the crypto currency market. I additionally feel that soon the value drop will stop. This year, the value drop is too long. The cost available cannot generally decrease. The cost increment should start. I trust that this will occur sooner rather than later. 
I likewise trust that the cost increment will be extraordinary and durable
I likewise trust that the cost increment will be extraordinary and durable
The market is not positive and since the beginning of may , the price of major cryptocurrency has been fallen and not all that stable. It may take some time for it reach it true price.
it's really important that we all have to stay patient waiting for the market back up again as before, because in this month same month last month the market experienced an unimaginable decline. but with the time is not long certainly the market will be back in the original
This price retrace will continue. As the summer has come, people will go to holiday so the volumes will be lower. For the next 12 months I expect price to decrease.
It is not just in the last few days but it is more than months since we are seeing that bitcoin price undervalued base on the ATH last year or we can call this bear market situation since it crashed for almost 70% whole crypto market was affected by the large crash, somehow Hoping that June was the start to gain more ups rather than crashes eating the 10k wall like a piece of junk.
I have read some ideas that it's the future's market(?) fault, basically if alot of people bet on btc going Up, then those market controllers like Bitmex simply move the market Down to liquidate people.
something along those lines. considering a lot of volume is related only to people going through bitcoin for altcoins, it means there's not necessarily that much resistance when it comes to moving the market up or down.
it ruined the market!
-snip-something along those lines. considering a lot of volume is related only to people going through bitcoin for altcoins, it means there's not necessarily that much resistance when it comes to moving the market up or down.
it ruined the market!
Wow! Thank you for the links and additional information. Yes, I quite agree that the volatility of the current market is affecting future investor's movements. I think they are being more cautious than usual in putting their money on bitcoin because of its price. Just like you, everytime the price increases, I can't help but think that it will depreciate after a day or so. We can't even have a rally of days of green market now.
Jump to: