Topic: What is going on in the market? - page 3. (Read 1757 times)

Currently, price shows the same low market as it has been going on since the beginning of this year so situations are not changes yet and still we have price in 6k figure. The current price is 6390 US dollar and one can start buying coins as much as he can because this is low price availability if you even noticed previous price movements of Bitcoin; the highest price and normal price, you will see that current time is best to buy.

The current status indeed was nothing’s new price has not surges from previous months. Good to have btc while price was low. Hold until we see a rising ahead on btc price.

Current situation, all crypto has been dumped hard 70% to 95%, and all this crypto in the support area and oversold. So its times to buy it and hold in medium term until the price going to the top price again. Dont make the same mistake and avoid FOMO and greedy.

Hello everyone - I don't usually put up posts, but I was curious on what everyone is seeing for this recent market upswing.

This is the second time in the last 4 months we've gone from 250bn market cap to over 400bn. Very much a yo-yo effect.

We've seen the market press hype cool down - so what is causing the market to go back up? If you could all please post some real world news that would be much appreciated. Doesn't have to be news from a news source - could be numbers from block explorers, investment news, just something that can be tied down to a FIAT value being put into crypto.

For me (a little bit of a conspiracy theorist)

USD Tether gains FIAT value in Q3 to Q4 of 2017 -> Moves FIAT value to Noble Bank -> "Legitimizes" USD Tether

BitConnect crisis occurs -> Loss of investor confidence -> Lack of market liquidity -> Correction

SEC opens with somewhat positive remarks to crypto as a whole -> Focus specifically on ICO scams

Discovery of Mt. Gox trustee -> Rumors spread -> Investor confidence drops further causing further slide

USD Tether media cools off -> USD Tether prints off more tokens beginning of April -> Stabilizes investor confidence

Stable coins begin emerging post USD Tether -> Markets keep resurfacing throughout April

May 7th SEC supposed to rule on Ethereum and XRP on whether they are securities (https://www.ethnews.com/sec-cftc-to-discuss-possible-securities-classification-of-ether-other-cryptocurrencies) -> Market effect ??

ICO fraud rumors (https://medium.com/@douglaslyons/ldj-capital-all-that-glitters-is-not-gold-ccbfc21ffd71) -> Market effect ??



I can provide links for any of those events - I just didn't want to spam links. It would be interesting to see if anyone can find info of "new" FIAT money going into Crypto which would give evidence of a bull market - especially if it is found from institutional sources. The opposite as well - if anyone has insights into how this could be a bull trap, that would be awesome to read.

As I said, goal is to pool together everyone's reading material for better clarity on current market events.

Please post your mother will die.

i think currently entering consolidation area, where prices only move in place. however, if time of consolidation is up, there will be a large movement, hopefully movement will be upwards

i think currently entering consolidation area, where prices only move in place. however, if time of consolidation is up, there will be a large movement, hopefully movement will be upwards

i think currently entering consolidation area, where prices only move in place. however, if time of consolidation is up, there will be a large movement, hopefully movement will be upwards

i think currently entering consolidation area, where prices only move in place. however, if time of consolidation is up, there will be a large movement, hopefully movement will be upwards

Crypto market is increasingly being reported by many journalists as an unsafe and potentially unsafe market. That really is a sad thing. But I ignore everything, I will continue to hold on to my BTC until it raises back to $ 10k.

Particularly in countries like China where the exchanges are in hot water. It was heard that in China, some crypto exchanges were banned in the market due to the weakening financial condition of the country. This had weakened the economy of the cryptocurrency.

The market was also weak from the fall after the boom and the rest of the factors like the government intervention and imposing regulations contributed greatly as well. So the current situation is worst.

I don't know the reason for this stagnation more accurately. No move.

and we need urgent action.

share with a good news. we need to hear good things.

A lot of drama already...

I will continue to hold on to my BTC until it raises back to $ 10k.

Crypto market is increasingly being reported by many journalists as an unsafe and potentially unsafe market. That really is a sad thing. But I ignore everything, I will continue to hold on to my BTC until it raises back to $ 10k.