Topic: What is happening again? The market is looking all red! (Read 3699 times)
Holders are cashing out their alts to buy more bitcoin so alts price can be half / current price
Hello guys,
What is really happening the market all red?
Woke up this morning with my full confidence that market will continue to recover but it didn't!
Can someone explain to me what is really going on because the market is not recovering, instead going to the hell again, more deeper!
Thank you.
Since this is already a 1 month old thread then those days do really have still price on lower range but if you do see on the recent prices as of now.Bitcoin is already recovering up already which i do suspect because of the upcoming fork on this month and into the next one but now most alts are on red as of now which i do suspect that holders are cashing out their alts to buy more bitcoin because on the upcoming fork.This is a usual stuff in the market which isnt really surprising anymore and the best thing to do now is to go with the flow and making money later on. What is really happening the market all red?
Woke up this morning with my full confidence that market will continue to recover but it didn't!
Can someone explain to me what is really going on because the market is not recovering, instead going to the hell again, more deeper!
Thank you.
Altcoin markets are taking a beating and the money are pouring towards bitcoin since the recent uptrend could mean a new ATH and a new floor, which is profit for most people who traded their coins for btc.
Yeah... Just noticed that the Bitcoin market dominance has crossed the 51% mark. And this is happening after many months, especially after the meteoric rise of Ethereum in April 2017. I am just hoping that the trend will continue in the future and once again Bitcoin will cross the 90% mark in market dominance, just like the case in 2016.
Altcoin markets are taking a beating and the money are pouring towards bitcoin since the recent uptrend could mean a new ATH and a new floor, which is profit for most people who traded their coins for btc. If btc's price is stagnant and taking a hit, the altcoin markets are flourishing. It's just that the moeny John AM Maybituin has sent you P7,200.00 through Coins.ph eGiveCash. Your eGC number is 1406-5206-0210-0032. Wait for the sender to provide the Passcode so you can cash out at any Security Bank ATM. No ATM card is needed. Press "ENTER" then "EGIVECASH CASH-OUT" and follow directions. Date 10/09/2017 20:14:55 being tossed here and there depending on which one is profitable.
I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.
No need to worry about the price as it is down to will be boosted in no time and advise to the investors don’t be panic this will cause huge loss, I am sure its price will go up in no time and those who sell in this moment will regret in the pump day that why’d they sell so hold your coins there will be raise in price as now demand of bitcoin is increased as compared to before.Because if the public interest and support for altcoin is so high it will make the market again filled with green light and accompanied by many smiles.
Altcoins are affected usually always from any direction bitcoin goes, if up altcoins usually down, and if down usually altcoins up, this year a lot altcoins had followed bitcoin and accumulated a lot health, soo its normal some of them to loose their value, at crypto market is always speculating and readjusting the value of each coin.
Probably there's something to do in order to have panic selling again. We know that China said the exact day of October 1 Exchanger should be closed to them but it looks like the price of bitcoins from OCT 1 - 2. And now it's fallen again I'm sure the schemes are those People like to drop the price of bitcoins so they can buy cheap cost
I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.
No need to worry about the price as it is down to will be boosted in no time and advise to the investors don’t be panic this will cause huge loss, I am sure its price will go up in no time and those who sell in this moment will regret in the pump day that why’d they sell so hold your coins there will be raise in price as now demand of bitcoin is increased as compared to before.Because if the public interest and support for altcoin is so high it will make the market again filled with green light and accompanied by many smiles.
I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.
No need to worry about the price as it is down to will be boosted in no time and advise to the investors don’t be panic this will cause huge loss, I am sure its price will go up in no time and those who sell in this moment will regret in the pump day that why’d they sell so hold your coins there will be raise in price as now demand of bitcoin is increased as compared to before.
I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.
No need to worry about the price as it is down to will be boosted in no time and advise to the investors don’t be panic this will cause huge loss, I am sure its price will go up in no time and those who sell in this moment will regret in the pump day that why’d they sell so hold your coins there will be raise in price as now demand of bitcoin is increased as compared to before.
The market of bitcoin is facing a lot of negative publicity due to ban in China and South Korea . The unfair practices used by some of the bitcoin users are also leading to its declining trust in bitcoin which is leading to its red market . But all this will get resolved in a couple of months . Earlier , bitcoin faced the same situation and came up with even a higher market value within a few months , so i am pretty sure that history will repeat itself and the market will be green again .
news says the 30th china will close all exchanges. I'm not too sure about this. but still looks stable for the market and bitcoin value. I am waiting for what will happen, and what will china pass again.
Old news friend
Market looks green to me ;P
Don't panic. It's just a regular thing in crypto market because of high volatility of altcoins.
news says the 30th china will close all exchanges. I'm not too sure about this. but still looks stable for the market and bitcoin value. I am waiting for what will happen, and what will china pass again.
Old news friend
Market looks green to me ;P
news says the 30th china will close all exchanges. I'm not too sure about this. but still looks stable for the market and bitcoin value. I am waiting for what will happen, and what will china pass again.
I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.
Please check this chart:
https://bitcoinwisdom.com/markets/coinbase/btcusd
The last dip occurred more than 48 hours back, and since then the exchange rates have risen by at least 5%. And even now the trend is upwards.
I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.
Hello guys,
What is really happening the market all red?
Woke up this morning with my full confidence that market will continue to recover but it didn't!
Can someone explain to me what is really going on because the market is not recovering, instead going to the hell again, more deeper!
Thank you.
What is really happening the market all red?
Woke up this morning with my full confidence that market will continue to recover but it didn't!
Can someone explain to me what is really going on because the market is not recovering, instead going to the hell again, more deeper!
Thank you.
Yes indeed the market is showing all red with few exceptions but I am sure that this is not going to sustain for long. It is just the after shock of the major downward trend that the market has shown for last few weeks. That's very normal for the real life stock market and this crypto market as well. It is just saving the energy and strengthening its ground to take the next leap. So chill and wait for the best time to enter.
The bitcoin price is currently standing at $3700 level so it looks really good time to enter. Start buying in small amounts and accumulate. I am doing the same at this moment.
Dispite of whats happening right now, another problem appears, today south korea also banned ICO's same as china and singapore will also do this plan. Will just wait what will happen this week. But bitcoin price and other altcoins price are still doing good as of today. But this is just another obstacle for cryptocurrencies hope that people will not let go of btc and altcoins.
Yes I believe so it's too sad that after china , south korea also banned ICO's I guess It's because they wanted badly to regulate the cryptocurrency exchanges , well I agree with you that this was just another obstacle like bitcoin has been through throughout the years this soon will pass by and will all returned back to normal. Dispite of whats happening right now, another problem appears, today south korea also banned ICO's same as china and singapore will also do this plan. Will just wait what will happen this week. But bitcoin price and other altcoins price are still doing good as of today. But this is just another obstacle for cryptocurrencies hope that people will not let go of btc and altcoins.
I think the market is not really that affected to the Korean News not like what happened to China, lets hope in coming days people will not start panicking coz if they do we will see reds again.
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