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Topic: weak period for cryptocurrency, do you agree? (Read 2742 times)

member
Activity: 238
Merit: 10
November 14, 2018, 01:26:04 AM
I think in 2017 the price was too high, so compared to normal now it's no wonder yesterday was the crypto golden year
hero member
Activity: 914
Merit: 500
I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
That's right this year is time of cryptocurrency coorection, slow process of improvement of price increase since the bearish market start early January of this year price dip is almost 70percent loss of bitcoin.
But don't worry according from the history of bitcoin it is a normal, wait for the new jump of bitcoin price increase maybe next year or year 2020 but the price of bitcoin today's aren't bad is stronger.

In January 2018 everybody was sure that this year will become the best period for the altcoins. Many guys were making the great prognoses about Bitcoin. Unfortunately, this year turned to be a very hard time for the market.

I think from 15 Nov, if the Bitcoin Cash hard fork successfully, then the whole crypto market could go up.
BCC event will not totaly influence on current situation with market. Yes, it has 4th place on CMC, but BCC cap is "less" little than BTC one (9.1kkk$ vs 111kkk$).
Do you see any reasons to invest in BCC? I dont.
sr. member
Activity: 616
Merit: 252
I’m really wondering what will happen when 6000 dollar will break and the next support is below 5000 dollar. Wondering is faith is lost and ETF will be rejected thereafter.
sr. member
Activity: 896
Merit: 251
I think today is a week period for crypto holders. Cryptocurrency will be live and took own place already. Further, we will see more development, more assimilation for all crypto. And today mass adoption and real applications are more important then price
jr. member
Activity: 238
Merit: 1
Yes, the cryptocurrency is now in its weak state.But I think this situation will change next year.We will enter into a period of strength.The price of everything will peak again.So we shouldn't mind the current prices.You just think of the future.
yes, now we need to buy altcoins while they are cheap, it is likely that in a month we can see how the market is growing
full member
Activity: 325
Merit: 100
I think this time will soon be back to all the crypto markets and the Altcoins. So in November and 12 this would be possible to have a bull market occurring with all the crypto markets.
full member
Activity: 588
Merit: 125
Yes, the cryptocurrency is now in its weak state.But I think this situation will change next year.We will enter into a period of strength.The price of everything will peak again.So we shouldn't mind the current prices.You just think of the future.
newbie
Activity: 42
Merit: 0
Weak periods provide the best trading opportunities, see this CANYA COIN - CAN chart for an example of a weak, low volume spot to enter, then exit when volume and price increase. https://imgur.com/tTYjKgt
full member
Activity: 140
Merit: 100
I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
That's right this year is time of cryptocurrency coorection, slow process of improvement of price increase since the bearish market start early January of this year price dip is almost 70percent loss of bitcoin.
But don't worry according from the history of bitcoin it is a normal, wait for the new jump of bitcoin price increase maybe next year or year 2020 but the price of bitcoin today's aren't bad is stronger.

In January 2018 everybody was sure that this year will become the best period for the altcoins. Many guys were making the great prognoses about Bitcoin. Unfortunately, this year turned to be a very hard time for the market.

I think from 15 Nov, if the Bitcoin Cash hard fork successfully, then the whole crypto market could go up.
full member
Activity: 476
Merit: 100
I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
That's right this year is time of cryptocurrency coorection, slow process of improvement of price increase since the bearish market start early January of this year price dip is almost 70percent loss of bitcoin.
But don't worry according from the history of bitcoin it is a normal, wait for the new jump of bitcoin price increase maybe next year or year 2020 but the price of bitcoin today's aren't bad is stronger.

In January 2018 everybody was sure that this year will become the best period for the altcoins. Many guys were making the great prognoses about Bitcoin. Unfortunately, this year turned to be a very hard time for the market.
sr. member
Activity: 854
Merit: 250
I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
right your opinion is currently weakening its development according to my knowledge the development of crypto currencies depends on its own investors the conviction and patience currently needed today
sr. member
Activity: 616
Merit: 252
ICOs aren't the only thing tied to the value of ETH. Many alt coins purchased on ETH pairs need ETH to recover to restore the alt coins value in USD. This is why I get so frustrated when I see people saying ETH will drop to $150 or even $100. So much of the market would be rekt.
full member
Activity: 546
Merit: 122
★777Coin.com★ Fun BTC Casino!
a bad year indeed for cryptos. I nevwr have thought that a market downtrend could last for months and would highly affexted the majority of the market value of cryptos to fall as this much. This proves that the market won't be in constant because many people have expected that this year will be bigger than the previous and the opposite thing happened.
member
Activity: 224
Merit: 10
I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
This stagnation was assumed, and they also believe that this could continue in 2019. We can only believe and hope, no action we will not affect the market turn.
With great confidence we can only say one thing - that 2020 will probably be much more successful for the whole cryptocurrency than the upcoming 2019.
member
Activity: 602
Merit: 10
I can agree to you - this is a difficult period but that does not diminish my interest in the crypto . And i will continue to participate in projects/ico's .
this is a year of patience.
Yes, I would also call this year a year of patience and a year of investment. Next year will be a year of joy and a year of working projects. In 2019 there will be a lot of interesting events related to cryptography.I can not call this year weak.I do not see a single reason for which you can be upset.
The world's largest supplier of cryptomatics Coinsource has become another cryptocurrency company licensed by the New York State Financial Services Department (NYDFS). It says that the world is moving in the direction of a cryptocurrency future.
Of course, I really want all the leading countries of the world to start working with cryptocurrency, as the United States of America has already begun to work. It is very pleasant to read the information. As the US government allows its citizens to work in the cryptocurrency business.
sr. member
Activity: 616
Merit: 252
Institutional investors are increasingly getting involved in bitcoin and other cryptocurrencies – while the number of retail investors in the space is staying stagnant – according to a new report by Morgan Stanley.

https://www.coindesk.com/morgan-stanley-says-crypto-is-a-new-institutional-asset-class/
sr. member
Activity: 812
Merit: 317
I can agree to you - this is a difficult period but that does not diminish my interest in the crypto . And i will continue to participate in projects/ico's .
this is a year of patience.
Yes, I would also call this year a year of patience and a year of investment. Next year will be a year of joy and a year of working projects. In 2019 there will be a lot of interesting events related to cryptography.I can not call this year weak.I do not see a single reason for which you can be upset.
The world's largest supplier of cryptomatics Coinsource has become another cryptocurrency company licensed by the New York State Financial Services Department (NYDFS). It says that the world is moving in the direction of a cryptocurrency future.
hero member
Activity: 868
Merit: 502
I can agree to you - this is a difficult period but that does not diminish my interest in the crypto . And i will continue to participate in projects/ico's .
this is a year of patience.
Yes, I would also call this year a year of patience and a year of investment. Next year will be a year of joy and a year of working projects. In 2019 there will be a lot of interesting events related to cryptography.I can not call this year weak.I do not see a single reason for which you can be upset.
member
Activity: 322
Merit: 40
“The Premier Digital Asset Management Ecosystem”
This may be the catalyst that makes the bearmarket turn bullmarket: https://www.foxbusiness.com/markets/bitcoin-solidx-etf-awaits-sec-approval

This, combined with Bakkt in december. We will see green weeks again!

We will see green weeks if it will positive for Bitcoin, otherwise is the chance great that Bitcoin will hit under 6000 dollar and the bearish market will continue.
hero member
Activity: 826
Merit: 501
I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
This stagnation was assumed, and they also believe that this could continue in 2019. We can only believe and hope, no action we will not affect the market turn.

We may not know for certain. But we could assume that this sluggish period will still continue next year. This will be very contrary to what we experienced last year where the trend is rising by the end of the year. But I do remain positive about this. At some time in the future, the market will recover.
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