What is going on in the market? - page 15.

Alert31

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Trident Protocol | Simple «buy-hold-earn» system!

Quote from: CryptoRaymond on May 23, 2018, 11:52:54 AM

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

Crypto market are so volatile that's why it turn red now and will be back in green soon. So,much better to hold on, don't worry and don't panic everything is normal. The fluctuation wil give you more profit if you know how to handle the situation.

collins_89

newbie

Activity: 168

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don't be sad because of this situation at all, just clay clam for a while, everything will become stable very soon. if you panic right now, any wrong decision can be taken by you. so stay clam, market rise in the blink of the eyes.

gaponya

newbie

Activity: 142

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This market is nothing weird to wait, people make money on it, the fluctuations are profitable and even very good, so do not worry plus the obligatory!

fmboyzz

jr. member

Activity: 227

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A certain number of people are probably overextended financially as it is and they see news like this (reported on Bloomberg) and decide to get out because they can’t afford to lose any more $ and time is running out on them. They probably think it was manipulated up, so it'll keep going lower.

Vova.vova

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chandrarahmadewa

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Quote from: CryptoRaymond on May 23, 2018, 11:52:54 AM

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

hello my friend
We see the market situation is now, trying to predict the price of a coin, and maybe this continues until the end of June. I hope my prediction is wrong

infested

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Quote from: CryptoRaymond on May 23, 2018, 11:52:54 AM

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

This is not the stock market. The current huge swings we observe are normal for an mature unregulated market that is heavily manipulated by whales.

What you and everyone else should do it research and find the best quality projects (eg. alts like ETH,NEO,VEN,Monero etc.) and hold them longterm. Don't try to trade you will get burned from the price manipulation.

FreddySelvig

newbie

Activity: 125

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Quote from: CryptoRaymond on May 23, 2018, 11:52:54 AM

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

"If you dont know what to do, dont do anything." It is best to simply sit out this drawdown. If you dont understand the market and will try to do something, it will only get worse. It's proven. So relax and do something else for a while

TravelMug

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Merit: 833

Quote from: blockman on May 24, 2018, 08:18:47 AM

I really have no idea on what's happening.

But I think there's a relation to this one.

https://www.ccn.com/bitcoin-gold-hit-by-double-spend-attack-exchanges-lose-millions/

https://www.bleepingcomputer.com/news/security/hacker-makes-over-18-million-in-double-spend-attack-on-bitcoin-gold-network/

What you think guys?

Yes, it could be one factor but there are 2 main factors that I really think contributes to the recent downtrend:

Quote

The U.S Department of Justice has reportedly launched a criminal investigation into cryptocurrency traders who may have manipulated the market using old-school illicit tactics.

According to a report by Bloomberg on Thursday, citing anonymous sources familiar with the probe, the investigation is being conducted together with the Commodity and Futures Trading Commission (CFTC).

One area of the investigation targets so-called spoofing - a technique that has been used in traditional financial markets to affect price movements by making large volumes of fake orders - that possibly influenced trades of bitcoin and ether, according to the report

https://www.coindesk.com/us-department-of-justice-cftc-probe-crypto-market-manipulation-report/

and

Quote

The joint crackdown that will go by the name of Cryptosweep will see over 40 U.S. and Canadian regulators united with the common goal of ridding the cryptocurrency industry of fraudulent initial coin offerings (ICOs) and cryptocurrency investment opportunities.

https://www.newsbtc.com/2018/05/21/us-and-canadian-securities-regulators-unite-for-operation-cryptosweep/

This news is somewhat very damaging to the market as it involves USA which we all know if a big market for crypto outside of big 3 in Asia (Japan, S. Korea and China).

dzelenyanskiy

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Activity: 378

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The situation in the market is connected with investor sentiment. And large investors expect positive signals from regulators. Most likely, we will not see significant upward movements on the market until July, when significant measures are expected to regulate crypto-currency

bachus

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I heard a wise statement about the whales, that are shaking the market and bitcoin for weak hands will sell their

Claudyah

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Quote from: CryptoRaymond on May 23, 2018, 11:52:54 AM

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

the market is now in a red state as well as the duration of the time is very long apart from that the price drop is so great we can see in some very large drop exchanges happening in some old currency but the green price for some new currency whether this could be a move for the investors?

duyduc256

sr. member

Activity: 700

Merit: 250

Quote from: kenborbs on May 24, 2018, 07:23:39 AM

Quote from: CryptoRaymond on May 23, 2018, 11:52:54 AM

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

As of the moment (5/24/2018) the market is falling down which is a good opportunity for every investor to buy coins at very low price. If you are holding coins right now you must hold it or else you will lose the value that you're holding. Do not panic sell your coin just other people did to avoid regret in the future when the market rises again.

I also do not sell altcoins at this time because I invest in more value. I personally believe that this year Bitcoin will increase very strongly and will reach the $ 20,000 price again this year. I think the market is in a very big correction and will soon end this month. The best advice is to use all your possessions to buy the altcoins you think are the most potent

Crypto_Freezy

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Bitcoin based markets are stabilizing their markets to make a huge uptrend in near future,...

blockman

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Vave.com - Crypto Casino

I really have no idea on what's happening.

But I think there's a relation to this one.

https://www.ccn.com/bitcoin-gold-hit-by-double-spend-attack-exchanges-lose-millions/

https://www.bleepingcomputer.com/news/security/hacker-makes-over-18-million-in-double-spend-attack-on-bitcoin-gold-network/

What you think guys?

googs84

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CryptoTalk.Org - Get Paid for every Post!

Quote from: CryptoRaymond on May 23, 2018, 11:52:54 AM

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

I know this reaction very well. Cheesy

I used to be same like you when I was completely new in the crypto currency market Here market does not move in the decimals (unlike stocks) but it moves like crazy by couple of thousands dollars for major currencies and equivalent drops in the smaller coins.

Yes it is completely normal one and you dont have to worry about a thing here. If you are holding the coins and you see major drop in the value then just hold them for more time as the market recovers you will recover your investment too. Thats the ideal way to survive in the crypto market with such high volatilities.

bungutko

newbie

Activity: 280

Merit: 0

What happens in the market either be a bear market or a bull market is typically normal in cryptocurrency and crypto market is like a roller coaster ride.
There are ups and downs in the market and this is how we live it that way. Since both of us are new to the market of cryptocurrency, we need to focus and study the market trend then payback would be a rewarding one once you had enough knowledge how to handle such a condition like this.

ckcharlie

newbie

Activity: 89

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This is really unexpected with little news to determine whats driving the drop. I had finally just got back to parity with my investments last week and now 30% below invested. This year has been dire. To those just starting out in crypto ( within the last 2 months) you're in the box seat with the market where it's at. the rest of us are trying to claw some gains to get back in the black.

kenborbs

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Quote from: CryptoRaymond on May 23, 2018, 11:52:54 AM

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

As of the moment (5/24/2018) the market is falling down which is a good opportunity for every investor to buy coins at very low price. If you are holding coins right now you must hold it or else you will lose the value that you're holding. Do not panic sell your coin just other people did to avoid regret in the future when the market rises again.

lllSERGEY

newbie

Activity: 99

Merit: 0

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