Topic: What do you think about the current market? (Read 496 times)
I think the price of cryptos is a bit low, however, AML BitCoin is holding on. I am a very happy token holder. The value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected.
this is normal i think we cant receive an increase always their will be a time for decreasing also but this decreasing will be a big impact to the price of bitcoin later. because last year bitcoin pumps so high thats why this year will be more pumps for bitcoin.
Obviously the market price should not always increase because people will not gain profit if the market price is just continuously increasing and that is the reason why cryptocurrency is profitable its due to the volatility of the market.
this is normal i think we cant receive an increase always their will be a time for decreasing also but this decreasing will be a big impact to the price of bitcoin later. because last year bitcoin pumps so high thats why this year will be more pumps for bitcoin.
I am not against bitcoin but I think that somebody or some group of investors are manipulating the price of cryptocurrencies, especially bitcoin.
Well we should not always expect the market to always be moving in a positive directions at some point the Price of bitcoin will fall continually in other to make it possible for new investors to be able to come on Bord and again for the chart to be corrected, bitcoin is a commodity that thrive on the economic law of demands and supply once the level of demands changes it will definitely reflect on the Price. So the fall in the Price of bitcoin is due to low demands.
I think that there is a manipulation of the price of bitcoin. Someone deliberately continues to play on the depreciation of bitcoins. We are told that the last fall of the crypto-currency market is caused by the hijackings of the exchange and exchanger in South Korea. This is rather insignificant information so that the market reacts so much to it. At the same time, a lot of positive information has appeared recently, to which the market for some reason does not react so much. It seems to me that by lowering the rate of bitcoin, they just want especially the newcomers in the crypto currency to get scared and sell their expensive bitcoins at such a low price. Only after this, the market will start to rise again. However, in any case, it will soon be up.
my opinion is now artificially pressed on the bi-nutine, very large investors want to enter it, but on condition that it will cost 5000! now a temporary correction, and this is normal! thus the crypto market knocks out weak hands! I have a few friends stopped investing in the crypt world because of the fall! I believe that the crypto market for patient people! always after the fall was growth! it just so happened, then it was delayed! I expect a bit of bitcoin growth this summer, then he'll go again to correction! but in December - the fun begins! At the end of the year we will see new price records of bitcoin!
Bitcoin grew way too much, way too fast.
It wasn't healthy. It wasn't natural.
It wasn't healthy. It wasn't natural.
Nice and fruitful statement. Bitcoin has not passed so many times after its launch. Even it fly so high before peoplpe understand its science. However, it is growing and will grow more gradually.
Bitcoin grew way too much, way too fast.
It wasn't healthy. It wasn't natural.
If you want organic growth, you have to get mass adoption.
Not a ton of crazy speculators going long with X10 leverage, driving stuff up.
Not an exchange printing money in the basement, (and refusing audits, etc... Who could I be thinking of.
)
Not a bunch of bitconnect peeps looking to make a fast buck.
We need people buying groceries with bitcoin.
We need your union to exist as a smart contract.
We need your library to have all its content available on a blockchain.
That's how things will advance. Hopefully we'll get there.
But the clowns thinking that 1000% increases year over year are going to happen, are just crazy.
I'm not sad about it, either.
Shake the loose hands out. We don't need 'em anyway.
It wasn't healthy. It wasn't natural.
If you want organic growth, you have to get mass adoption.
Not a ton of crazy speculators going long with X10 leverage, driving stuff up.
Not an exchange printing money in the basement, (and refusing audits, etc... Who could I be thinking of.
)Not a bunch of bitconnect peeps looking to make a fast buck.
We need people buying groceries with bitcoin.
We need your union to exist as a smart contract.
We need your library to have all its content available on a blockchain.
That's how things will advance. Hopefully we'll get there.
But the clowns thinking that 1000% increases year over year are going to happen, are just crazy.
I'm not sad about it, either.
Shake the loose hands out. We don't need 'em anyway.
Fantastic. You made my post for me. You obviously either were there in the beginning or have read about it well.
About the current market, I think there are no possitive news yet. At present, Bitcoin's prices are still down. This situation has long been in existence. But it is expected that at the end of this year, Bitcoin prices will be high.
Bitcoin price drop right now because many negative news in market and peoples panic with that news and they sell their bitcoin. I think it can be some investor using this moment to buying more bitcoin because its an opportunity buying bitcoin with lower price than highest
Bitcoin prices continuously dropped from the highest level near $ 20,000 to nearly 6,500. $ current.
If the price is continuously dropping we would've seen it go under $6,000 and hit a new low this year. I think the current market looks good as long as the price stays above $6,000 avoid hitting a lower price floor. I expect that these manipulation will still continue for the next couple of months and that will prevent the price from reaching $10,000. Many experts said this year's price all time high will be 60k USD with 6k at lowest.
Are they really experts though?This time the market is having a bad thing for all types of altcoin with the decline of Bitcoin price becomes a nightmare for all types of coins.
This is what happening right now and we cannot avoid it, let's just all hope that this will become temporary and it will recover and rise again very soon. We need to be more positive and have a long patience to hold our assets.
The current market has a lot of good news. However, the bitcoin price is not only not increasing as expected but also continuously decreasing, causing many people to lose confidence in it. Bitcoin prices continuously dropped from the highest level near $ 20,000 to nearly 6,500. $ current. Do you think there is an organization that is making bitcoin to buy in?
Of course yes, I believe that there will be some organizations that willing to invest in bitcoin specially in this season because btc value was so down. It is considered as big opportunity to them to buy more of it because they are pretty sure that it will gives much benefits to them. the market is now stability and trying to be positive
This time the market is having a bad thing for all types of altcoin with the decline of Bitcoin price becomes a nightmare for all types of coins.
Whether someone is manipulating it or not, many people are getting disillusioned by the downward trend of the prices. They can't cope anymore with the psychological demands. I'm sincerely concerned about what this means for crypto.
Crypto market as of this moment going strong and there are sudden stops on volatility or the day trading activity has been minimized due to a strong market for crypto. This is good news to all especially to those who are having some small scale investment. This is a great relief from getting worried from the fall of crypto market price. Now we a good sights and this could be a good time to invest.
We cannot really say that the current market is bearish because the way BTC grow in the last 6 months is so unpredictable. Any industry with such immense growth will definitely fall and that is what has happened with BTC. It is currently correcting by itself, it should settle down anywhere between 4500 to 6500 USD. Then we could expect a stable growth going forward, this is just my thought.
falling and rising prices are normal in the crypto because it is already characteristic of crypto and now prices are falling and many people are panicking to sell the coins they have, but that will make the price go down again
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