Bitcoin Forum

Base on coinmarketcap, the trading volume for the last 24 hours increased almost 150%. I am guessing the whale is taking action in loading boats of coins. Believe or not, this may be the last call for shopping before the price goes up.

Name               Volume (24h)
Bitcoin               $13,397,000,000
Ethereum            $7,133,810,000
Tether               $5,069,610,000
Ripple               $3,466,970,000
EOS               $1,506,930,000
Cardano               $1,302,100,000
Bitcoin Cash            $954,899,000
Litecoin            $894,936,000
NEO               $568,874,000
Qtum               $543,201,000
Status               $482,764,000
Stellar               $390,449,000
TRON               $370,134,000
Eth Classic            $342,766,000
DigixDAO            $227,571,000
Dash               $145,194,000
Zcash               $134,184,000
IOTA               $132,801,000
Monero               $125,136,000
Steem               $121,335,000
aelf               $104,272,000
IOStoken            $103,562,000
ICON               $102,981,000
Binance Coin            $94,487,100

This is definately a good time to buy for long term of short term didn't work out. Most of the people catched the exact dip but I didn't and it's ok. For the market to fully recover we need atleast a month of time. This is much required because billions of dollars went out of the market and new investors will also start taking profit from now on.

I have been loading up and am ready for lift off.
We're going to have some exciting months ahead of us  ;D

I couldn't agree more- it's the best time to buy, while holders would loose something- whales will go big again- stay sharp

The timing seems about right. Although i wouldnt be surprised if it takes another week.

This next bull run i am speculating that btc will hit $25000,
I know there are a lot of doom sayers about btc but i still see it as king.
This dip i decided to avoid buying alts and went shopping in the btc arena.

However i do believe that btc is on its last legs though. 2018 will be it.
Before something else replaces it as king though, i see it getting up to $60000.
I cant really say what will replace it cause there are a number of contenders, i think it wint start to manifest until Q3 of this year.

Well, my speculations might be off but that is just my two cents

No one can catch the dip all the time, you either waited for so long and you miss the opportunity, or you are taking action at the price above the dip. IMO, the most important thing is to keep a positive mindset. Do not chase the high and shop multiple times during the dip. Don't be too greedy and you will be profit!

Volume increasing is generally a good indicator of something but it all depends on which way the price is moving, volume increasing but price falling would imply further falls are likely and then the opposite also if volume increase with price increase. I think we neared the bottom, 8k is too low and looking at any graph you'd be able to see that at a glance. The price will recover to around 13k in my expectation within the next 2 weeks.

Yep today BTC rebounded at $7500 with a good volume (you can see on the gdax chart on the 1hr) let's hope that it's not another dead cat bounce but a trend reversal  :)

Volume increases always when we are hitting the bottom or when price is pumping. Take a look at the amount of transactions as well, they went down few days ago and now are starting to pile up slowly. Those who are in crypto game for long time understand that this is normal for this market to pump itself and dump later on but will raise with higher price later on, which is why it could be good time to buy. Although we still don't know how will this all act due to many new investors who don't know what they are doing.

I think it will take at least 1-2 weeks for BTC to gain back to 10000$ but an increase in the trading volume is actually a great sign of indication for the market to rise in this situation.

This. Volume being high on a heavy red day is not actually a good thing, it just means that more people are joining in on selling their coins which compounds on the fall. Same thing goes for a heavy green day with a lot of volume. The only time that volume isn't a good indicator of the overall market sentiment is when the volume is low or flat. Volume being low means that the prices are likely being manipulated one way or another very easily without a true bull/bear sentiment in the overall market.

I assume that minimum price will be next week. If the stream of bad news decreases, it is a signal to a turn. Now there is too much them.

We just need a little patient and wait for the full load before it takes off to the moon again.

Trading volume doesn't mean whales are buying, it might be the exact opposite. Whales need big volumes to dump their big stash. I'm not sure about a new rally so soon.

Most of the people (holders) are selling their belongings as the ship is sinking they all jump to an AIRBOAT, they just look just a panic victim of the sea. that's why whales are so happy now and eating them in the market. this fall is just a temporary and will not last long, i am betting on this will stay until Chinese New Year ends and then afterward the market will be painted by green again. Beginners are now rushing to get out of the boat and swimming in the water and whales are capturing all the possible food that they can have. ILL just stay at the ship and keep holding.

That's why I bought $500 with of Ripple really today because I know it will not be forever Ripple could be valued as low as $0.60 but it will soon take off back to $1.50 or higher air in the next few weeks from now.
Today is another crypto crisis but I'm optimistic joining the ride.

In the real world, there would be no take off happening if the ships didn't filled and loaded up because everyone's doing business.
I'm lucky that I loaded some of my favorite coins before they'll take off because I wanna be on board and enjoy the ride than waiting for another chance that might don't come back as it was.

Totally can agree with you. Also, to prove your words, you can check the volumes on 5-15m timeframes.

I agree with your opinion. I also believe that today whales have purchased a very large number of coins, but I still believe that this may not be the last correction before it will grow

Yes,seems right bacause the price of bitcoin and other coins are bumping exactly at the same time so this is the action or manipulation by the whales so we need to buy more coins as much as we can to earn more profits.I feel pity for the people who sold their coins today because they were really trapped by whales and now the price is getting back to the upward direction.But it is too early to say that price is recovering because it can fall at any moment so we need to keep hold our coins to encourage the price recovery soon.If we sell your coins it will surely affect that coin's price.

Can you give me an insight why ripple is so good investment? I've seen people talking and making profit with it, but honestly I don't see why should I buy it? Or does it all has to do with "it is for banks" and just throw some money in as other people hear this and get in? It's not even decentralized. You might be happy when it raises but do note that then btc will most likely raise as well, it won't stay at current price.

Maybe this is the last attempt to buy those crypto-currencies that you want, while the prices in the market so decreased, but I know for sure that selling now does not need anything ;)

Looks like a good time to invest but i'm really curious about which altcoin could beat btc in the future.. but maybe btc will stay at #1 forever.

I'd reckon that once the market goes green, a new "Whining Thread" will be created wherein a flood of moaning users will rush in saying how sorry or stupid they are for not taking advantage of the fallen market. This is highly expected and I am willing to bet on it!

Of course those who have a lot of money, buy now everything they want. And in my opinion only a madman can now sell his coins with a 50% loss of value. The market is supply and demand. If no one sells cheaply, the price will grow.

Surely the big players are in panic too,so they already took some action to prevent further losses,they will support bitcoin or the market will collapse and im sure if that happens,they will be the biggest loosers.The market manipulations and FUDs spreading should be stopped or else our whole market will come to its end,some websites are exaggerated with some news thats why most of the people are doing panic selling.

Cheap is subjective. And the price will only grow when people wanna buy it and the supply is smaller than the demand.

The panic is loose, and many are enjoying this panic, buying from the desperate, the more weeks the senario has changed and it will turn green, and those people who sold in despair will go crazy to sell, the volume is growing and people pouring their coins. This is the best time to buy and wait a few months, and your wait will be very profitable.

I think you can only make up your own mind about the future of cryptocurrencies.

I mean everything that's someone is saying here, is most of the time what they believe in OR what they want you to believe .

Why shouldn't investors say that the price down is only temporary so other people still buy for a price raise?

I wish i have more available fiat to load my ship with more coins before the ship takes off.  ;D ;D ;D

I do hope I could ride that ship unfortunately I don't have enough money to buy on this big sale now. I am not easily affected by FUD so I am still ready for the take off. I missed the green days of my port so much!

Doubt you will be able to predict then general "train" departure of coin market cap. Those numbers are utterly useless in a trading perspective. They bring no value except hype and fake value.

No one can predict when is the train going to departure, however, if we know the train going to pass my station sooner or later and brings you to the destination, why don't you buy the ticket and wait for the train?

Well we are all aware of the pattern especially if we're  into investments. What we need to do know is to identify coins that will really substantially grow. The safe choices will be BTC, Eth and some other top coins, but if you want to risk you could also research about other coins since definitely these coins will peak at the same time as BTC peaks.