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Topic: What is the main problem with the crypto market at the moment? - page 6. (Read 19744 times)

hero member
Activity: 998
Merit: 504
A lot of things has been said about why the crypto market is facing this down trend, and a lot of them has focused on ETF approval being the main cause. But for me I just think this is a normal thing and they are just using that as an excuse.

Whether all these things they have mentioned is approved or not, the price of Bitcoin will still go up, alongside many other altcoins. This has been happening for long, but they always have one excuse or another to use for it. I just think nobody knows the cause, but as to whether the price will go up, that will happen for sure.
jr. member
Activity: 168
Merit: 1
If you mean adoption, then I believe the reason why no one is adopting cryptocurrency till now is because of its volatile nature. I don’t think anyone is ready to take such a risk; you put your money into it, only to wake up the next day and realize that the amount you put in yesterday is no longer what you have there. So that’s why nobody is ready to make use of it.

All my friends that I mention it to always talk about the volatility. They say that they believe that it (cryptocurrency) is an investment that is very risky. They see it as an asset and not as a currency. And there is big risk involved.

True. Crypto is way riskier than casino itself. However this being said I believe that to buy and invest now is much less risky then it was last year from February till end of December. Last year we were in a bear market. Now we are about to explode into a huge bull market.
legendary
Activity: 1204
Merit: 1028
I believe the Chinese festival is part of the things that lead to the recent fall in the market starting from last week ending. But as for what started the fall, no one has really made a good point about it. So, I’m just believing that it is a normal thing for the market to go up and down since it’s based on speculation and all that. But there have positive predictions about the market and how it’s going to end this year. Hope that it happens just like they have predicted.
newbie
Activity: 38
Merit: 0
I think at the moment is the absence of complete decentralization that is how Blockchain was invented for to be clear and decentralized but today lots of services and exchanges are regulated by the government which is not right and it can influence on the market as well because they can try to manipulate the price. Using exchanges like iDEX or EtherDelta try to solve this issue the same as an upcoming exchange DexAge using using p2p Escrow Trading will implement its features in decentralization as well thus government won't manipulate the exchange and the price.
legendary
Activity: 3178
Merit: 1054
sad truth about it. those who invest while the price was its ATH felt like they are robbed already because of what happened. it doesn't really look like this is done by those who believed in crypto and blockchain enthusiast by heart. but tokens being dump for money will always be the result. we all need to profit. ifthere is something to be done to make money is dumping which this problem in the crypto market don't be solved.
hero member
Activity: 1148
Merit: 528
If you mean adoption, then I believe the reason why no one is adopting cryptocurrency till now is because of its volatile nature. I don’t think anyone is ready to take such a risk; you put your money into it, only to wake up the next day and realize that the amount you put in yesterday is no longer what you have there. So that’s why nobody is ready to make use of it.

All my friends that I mention it to always talk about the volatility. They say that they believe that it (cryptocurrency) is an investment that is very risky. They see it as an asset and not as a currency. And there is big risk involved.
newbie
Activity: 174
Merit: 0
In my opinion, it’s all a matter of people for whom cryptocurrency is not something serious, as was said at the beginning of this trade. Cryptocurrency is an invaluable gift that was invented and given to people in order to build a new world. But do you see how the majority of people relate to crypto? How they deny or don`t want to understand it at all, or get involved in it for the sake of profit. While this continues, the future of cryptocurrency does not seem bright to me.
jr. member
Activity: 168
Merit: 1
The problem of the crypto market right now is its being manipulated by fake volumes shown in coinmarketcap and other popular exchanges. The fundementals are getting good feedbacks such as huge corporation and companies trying to invest in bitcoin or showing their interest in the free market. Even ecommerce is mostly supported by bitcoin payment process.

Right. We need substantial adoption first. E-commerce might be one of the major catalyst for this whole process.
sr. member
Activity: 1400
Merit: 269
The problem of the crypto market right now is its being manipulated by fake volumes shown in coinmarketcap and other popular exchanges. The fundementals are getting good feedbacks such as huge corporation and companies trying to invest in bitcoin or showing their interest in the free market. Even ecommerce is mostly supported by bitcoin payment process.
jr. member
Activity: 168
Merit: 1

[/quote]

Indeed. It's the biggest reason why the SEC is not very friendly with the crypto market. SEC are concern with the small individuals that are going to lose so much money when organized traders like whale groups who will pump and dump the market with some FOMO or FUD news.
[/quote]

It is a reasonable concern.
full member
Activity: 392
Merit: 100
Ah yeah man. I want the crypto become great again. Now what I can see is that BTT is going to the moon. They are offering a tokenized service , basically a paid service which used to be free before. (Bittorent, Pirate Bay and the rest). Pirates believed that everything should be freely accessible on the net. They even founded political party in several countries.
Crypto will be great again. BTT is one of the newest coins on craze now and people are buying it. But I doubt it that it'll become the reason why the market will get up soon.

We still have bitcoin that's good to use so it doesn't really matter.
Everyone at the moment really need to think like this because price can only increase if we will make positive reactions and support it by adopting it buying it and making investments for long term without selling panic, according to me those who are being whales for us and selling so many coins to make the market down to purchase high amount of coin at low price again.

Yes. Manipulation is very rampant in this market. Especially when a pro fud group smells money in your coin. Then they will do every possible trick, every nasty trick in the book to try to create as much Fud as possible and make your coin as cheap as possible.

Indeed. It's the biggest reason why the SEC is not very friendly with the crypto market. SEC are concern with the small individuals that are going to lose so much money when organized traders like whale groups who will pump and dump the market with some FOMO or FUD news.
jr. member
Activity: 168
Merit: 1
Ah yeah man. I want the crypto become great again. Now what I can see is that BTT is going to the moon. They are offering a tokenized service , basically a paid service which used to be free before. (Bittorent, Pirate Bay and the rest). Pirates believed that everything should be freely accessible on the net. They even founded political party in several countries.
Crypto will be great again. BTT is one of the newest coins on craze now and people are buying it. But I doubt it that it'll become the reason why the market will get up soon.

We still have bitcoin that's good to use so it doesn't really matter.
Everyone at the moment really need to think like this because price can only increase if we will make positive reactions and support it by adopting it buying it and making investments for long term without selling panic, according to me those who are being whales for us and selling so many coins to make the market down to purchase high amount of coin at low price again.

Yes. Manipulation is very rampant in this market. Especially when a pro fud group smells money in your coin. Then they will do every possible trick, every nasty trick in the book to try to create as much Fud as possible and make your coin as cheap as possible.
full member
Activity: 1008
Merit: 101
Ah yeah man. I want the crypto become great again. Now what I can see is that BTT is going to the moon. They are offering a tokenized service , basically a paid service which used to be free before. (Bittorent, Pirate Bay and the rest). Pirates believed that everything should be freely accessible on the net. They even founded political party in several countries.
Crypto will be great again. BTT is one of the newest coins on craze now and people are buying it. But I doubt it that it'll become the reason why the market will get up soon.

We still have bitcoin that's good to use so it doesn't really matter.
Everyone at the moment really need to think like this because price can only increase if we will make positive reactions and support it by adopting it buying it and making investments for long term without selling panic, according to me those who are being whales for us and selling so many coins to make the market down to purchase high amount of coin at low price again.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
The market is not the problem, the problem is what each operator thinks, if gambling in the market is obviously going to lose, I think you should learn to understand the market, and that is only achieved by reading books, with technical analysis is very difficult , the indicators are just indicators that is nothing more than tools that most times make you lose.
jr. member
Activity: 168
Merit: 1
/quote]
Crypto will be great again. BTT is one of the newest coins on craze now and people are buying it. But I doubt it that it'll become the reason why the market will get up soon.

We still have bitcoin that's good to use so it doesn't really matter.
[/quote]
Well, well. I am old enough to remember that Bittorent used to be completely free. I didn't need any sort of token as such to use their services.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Ah yeah man. I want the crypto become great again. Now what I can see is that BTT is going to the moon. They are offering a tokenized service , basically a paid service which used to be free before. (Bittorent, Pirate Bay and the rest). Pirates believed that everything should be freely accessible on the net. They even founded political party in several countries.
Crypto will be great again. BTT is one of the newest coins on craze now and people are buying it. But I doubt it that it'll become the reason why the market will get up soon.

We still have bitcoin that's good to use so it doesn't really matter.
jr. member
Activity: 168
Merit: 1

[/quote]
That is the problem of the cryptomarket now because a lot of new ICO are scam and only some of them are legit  and worth it for you. Also a lot of panic seller right now that cause for decreasing price of the token and altcoins. There is a lot of problems now in cryptocurrency that need to take an action because we are the first who can benefits of that if the crypto become good again.
[/quote]

Ah yeah man. I want the crypto become great again. Now what I can see is that BTT is going to the moon. They are offering a tokenized service , basically a paid service which used to be free before. (Bittorent, Pirate Bay and the rest). Pirates believed that everything should be freely accessible on the net. They even founded political party in several countries.
hero member
Activity: 1834
Merit: 523
I'd say low liquidity, lots of thefts, scam ICOs and the rest, lots of these factors collapse the crypto currency market, but I wouldn't say it's dead though. I think will see its rise again.
That is the problem of the cryptomarket now because a lot of new ICO are scam and only some of them are legit  and worth it for you. Also a lot of panic seller right now that cause for decreasing price of the token and altcoins. There is a lot of problems now in cryptocurrency that need to take an action because we are the first who can benefits of that if the crypto become good again.
sr. member
Activity: 1400
Merit: 269
It needs more adoption, more more advertisement and more attention so that a variety of investors will come to know it and possibly invest especially when the market is in the bear trend and gold's price is skyrocketing and bankd closing and freezing accounts this could be a good chance to introduce crypto to potential investors.
full member
Activity: 590
Merit: 116
I don't see this as a big problem, we can't just blame them, but act, just take out the people who do FUD, you also have to look from the other side, Products, Developers and how the team works also have a big influence.
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