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Topic: Why Bitcoin cointinue its down trend for a long long time this time ? - page 5. (Read 897 times)

member
Activity: 546
Merit: 12
I think, that we are in a period of stagnation now. By the way, the bull run is coming, I think. At the end of 2018 or at the beginning of 2019, maybe.

Yes, I think the original bull run will come in December or next year.  This is a mid-season bull run. It will reach 10K. Then institutional investors will come. Then we can see the real bull run. That will be huge.
full member
Activity: 279
Merit: 100
Appear more bad informations of Bitcoin, govement's policy are not allowed on multiple countries and some anonymous persons hack on large transaction exchanges to make us discount value and not stable .
newbie
Activity: 29
Merit: 0
I think, that we are in a period of stagnation now. By the way, the bull run is coming, I think. At the end of 2018 or at the beginning of 2019, maybe.
member
Activity: 546
Merit: 12
last year winner for who have sold btc in december to january 2017 is coming back and make new investment for bitcoin, my predict next august before 10th the price is more than 10k $

They should be coming back but most importantly institutional investors' arrival is a must as it seems. We are pleased to see in the upcoming months variety of institutional investors such as academic institutions, hedge funds, and pensions coming into the crypto world.
member
Activity: 546
Merit: 12
My answer still depends on the price of the request (the person who buys) and the price of the offer (the person who sells it). In the practical language is supply and demand. Example:

If (A) wants to sell oranges for $ 3 and (B) only pay $ 2 then the deal does not happen. But if (A) and (B) agree to a certain price, for example $ 2.5, then the deal occurs and the transaction takes place. In addition, there are also several reasons that led to the formation of prices. In determining the price of oranges, the context and the market environment will also affect the price.

1. In the summer, more people want to buy oranges, so the price of oranges will rise.
2. When natural disasters such as floods occur so that the supply of oranges decreases, more and more people have difficulty buying oranges so the price of oranges will also rise.
3. Citrus prices are also influenced by size, sweetness and so on.

In principle the determination of Bitcoin prices is the same as determining the price of oranges. There must be a deal between the bid price (the price of the people who sell Bitcoin) and the asking price (the person who bought Bitcoin). The difference is, Bitcoin and digital currencies are homogeneous. This means one Bitcoin is identical to the other Bitcoin.

The core of your idea is demand and supply theory. Now bitcoin price is increasing slowly. more people predict that bitcoin price will reach $ 10,000 and again will collapse at 10K.
full member
Activity: 966
Merit: 100
last year winner for who have sold btc in december to january 2017 is coming back and make new investment for bitcoin, my predict next august before 10th the price is more than 10k $
newbie
Activity: 140
Merit: 0
Bitcoin has had several periods in its history of steep declines followed by prolonged winters of depressed prices. Considering the irrational exuberance toward the end of last year, a massive correction was needed. Dumb money was throwing money in without understanding the technology. The market has been flushing these people out.
copper member
Activity: 85
Merit: 122
Why Wallstreet doing this price manipulation in the cryptomarket as you think?
To make them richer and you poorer, as they always did.
jr. member
Activity: 55
Merit: 5
My answer still depends on the price of the request (the person who buys) and the price of the offer (the person who sells it). In the practical language is supply and demand. Example:

If (A) wants to sell oranges for $ 3 and (B) only pay $ 2 then the deal does not happen. But if (A) and (B) agree to a certain price, for example $ 2.5, then the deal occurs and the transaction takes place. In addition, there are also several reasons that led to the formation of prices. In determining the price of oranges, the context and the market environment will also affect the price.

1. In the summer, more people want to buy oranges, so the price of oranges will rise.
2. When natural disasters such as floods occur so that the supply of oranges decreases, more and more people have difficulty buying oranges so the price of oranges will also rise.
3. Citrus prices are also influenced by size, sweetness and so on.

In principle the determination of Bitcoin prices is the same as determining the price of oranges. There must be a deal between the bid price (the price of the people who sell Bitcoin) and the asking price (the person who bought Bitcoin). The difference is, Bitcoin and digital currencies are homogeneous. This means one Bitcoin is identical to the other Bitcoin.
member
Activity: 546
Merit: 12
I don't think anybody knows exactly what's behind the curtain, but many suspect Wall Street price manipulation after introduction of Bitcoin futures markets. Presumably, while they were wrecking the price on exchanges, they were buying on OTC markets.

Quote
So As you think, Is their arrival is a must for Bitcoin price goes up again?
Even if not them, others would come. Despite Bitcoin being on the media front and center for quite some time, most people are still not familiar with cryptocurrencies.

Why Wallstreet doing this price manipulation in the cryptomarket as you think? what is their purpose to do so? I have a different idea?
copper member
Activity: 85
Merit: 122
I don't think anybody knows exactly what's behind the curtain, but many suspect Wall Street price manipulation after introduction of Bitcoin futures markets. Presumably, while they were wrecking the price on exchanges, they were buying on OTC markets.

Quote
So As you think, Is their arrival is a must for Bitcoin price goes up again?
Even if not them, others would come. Despite Bitcoin being on the media front and center for quite some time, most people are still not familiar with cryptocurrencies.
member
Activity: 546
Merit: 12
We already know, not like previous years, This year bitcoin price didn't follow its normal market cycle. Crypto market is still not looking. What really happened to the crypto market this time?  Fiat money doesn't come to the Crypto market as expected? Why it happens so? what are the real reasons behind this situation?
At last time market pump, some people made good profits. We can see they enjoying their profit by traveling around the world and all. I think when they are done with their money They will come back to Crypto seeking profit again? So As you think, Is their arrival is a must for Bitcoin price goes up again?
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