Bitcoin Forum

Everyone believes crypto prices have increased in the past because of Consensus Conferences

If you do the research you will find out it is NOT TRUE

Someone spread FUD and has everyone believing it.

Here’s the proof:


https://youtu.be/2bxFvHOGrnQu

The cryptocurrency market is  a very big and diverse place thus price movement isnt and cant be influenced by a handful of people even though it usually appears as such.We all seem to think some people cause FUD and so cause price to increase or decrease but come to think of it im on one side of the globe and i know you at another side we are both crypto enthusiast who buy to make some different profits.

I think the prices have increased. The consensus conference made a powerful impact in the cryptomarket BTC. It's definitely not an FUD !

I do not really understand what you mean, but I do believe that Crypto prices will never go up, because they are so much coin on the market today, they compete a lot, they will stabilize less previous years.

I dont think that it is true. In my opinion it will definetly go up. Crypto always finds away to recover everything and I dont think so that a big and powerful market like crypto will be hindered by it.. ::) ::)

There are many differences of speculation after this consensus, but I still hope that this consensus will make a good change and mindset for the government and the whole society.

Just dont pay heed to such news. These are just trying to create some FUD. I will suggest every one not to believe in these shits and stay positive. The prices are on a increase and will increase further to a new peak hopefully.

It might be and not abnormal since all the traders have some expectations from the Concensus. But my thinking is that price may go high after the Conference becasue so many positive issues and developmental points will be discussed there.

You can believe that but actually, no one knows what happen. That's only opinion and can't be the basic of crypto market price moving action. As trader/ investor we only follow the trend and prepare for the worst with our stop loss. In many cases, a lot of trader/ investor loosing their asset because change their faith and strategy after see another person opinion. Leave it and just believe in you.

Crypto currency market is a decentralized place where transactions are done independently. Bitcoin is working based on this for the last nine or ten years. Price of any market rationally depends on the demand and supply of the products. Since bitcoin is working based on a decentralized network then how a handful can group of people can influence the market. It is not rational. In the general market, it is possible but in the crypto market especially for bitcoin is quite impossible. So we cannot think that price will not go up due to such consensuses least not for bitcoin.

As more and more people pay attention to this market, the whole market will be in a positive trend.
That's for sure, and there's no doubt about it.

Everybody is very hopeful for this Consensus.. Let's see if he can justify the expectations of the majority :)

We all know that news influence on crypto price. I believe that  the biggest and most waited event in crypto world will bring a lot of positive news, which make tokens price grow up. We will see soon if Consensus influence on crypto or not.

I completely agree with you. Op is clearly misjudging this market? Do you even know anything about the cryptocurrency market op? No particular group can control the crypto market, but whales can manipulate the market to a certain degree now and then. No consensus will ever determine how Bitcoin performs due to its volatile nature. Any small piece of news can affect the price(Positive or negative), but no one can ever accurately speculate.

It's not caused by consensus, in my experience, any consensus or something like that doesn't give a lot of impact on the price. The news that related to the adoption and development give a lot of impact on the market. Mre than 80% speaker in the next consensus has been filled by the developers from altcoin. The next consensus will be talking about bitcoin a little bit. Remember crypto is a game changer.

Everyone knows that there's so many predictions but the problem we don't really what what will happen in the crypto realm in the few days. Whether we like it or not we supposed to say possible and that's it! Went up and down price attract us that this crypto will possibly go back again for another time of recovery.

Let's pray for the price to go up instead :) No news can stop crypto from going up! It is the people desire and wants that drive the price and not the news!

it can be said that concesus is a fairly large activity related to crypto, and this is good news for the world of crypto, hopefully this will help attract a lot of interest of new investors, and make the market recover again

In recent time bitcoin price is not up to the mark that's why some people have a negative mind set against bitcoin but i think the scenario will change very soon.

Well I believe crypto price will still go up more, what will determine if the price will go up is the kind of news that we will see in the space, if good news keep coming to crypto, more people will join and as more people join, it will make the prices to go up. remember crypto have not gone main stream, by the time more people will join cryptos, it will go so high. So I am staying positive.

i was willing to research with this topic from way too long, thanks for your link , it has some outstanding proof, hopw people would become benefited by this

It does not matter what happens to the consensus, if there is no adoption of bitcoin then the price will keep struggling and stay down. What affects the price of bitcoin the most is the ratio of supply to demand and when supply outweighs demand then the prices will drop. What the crypto market need is more adoption.

If a lot of people predict a growth - start to sell :) I think the the old rules are not working on cryptomarket now, and it should be a very big hype around crypto in order the price will grow up.

I don’t believe this. Bitcoin price will go high with in a very short period because before a big movement the market remains down and this is happening. The price will go up for this consensus 2018.

I think the consensus meeting has been decomposed and read, and whale is likely to take advantage of the expectations of this consensus meeting to collect chips. We should note that there will be FUD after the consensus meeting.

On an example of coins which I tracked the prices have grown slightly. Rapid growth was not. Not a strong influence.

Those news are harmful for market's health, there are no proofs that will influence badly cryptos.Market has its own time, dont' listen to those babblings

decentralized digital chain of ownership is maintained and therefore take advantage of the expectations of this consensus lot of positive news, which make tokens price grow up!!

Well, Consensus is over and we are seeing the market going down, so how do we interpret this?

You can see it as a deliberate attempt of big players and whales depreciating the price of bitcoins and alts to make the market more suitable for them before they jump in.
(they are forcing the price down with mass sell offs before they jump back in with huge trades).

You can see it as the crypto market in general being apprehensive about what the outcome of Consensus will be and just holding on to their crypto.
Low volume = falling prices.

You can see this as a sign that large crypto conferences have no large impact on the market and the current downtrend is due to a lot of other complicated reasons.

For me, I believe that the truth is a little bit of all of it.
It is more reasonable to assume that all of these reasons are playing a part instead of one giant reason.

AS far as when the next bull run will come, I still believe it will come soon.
The market conditions are right and ready and the vast majority of investors are iching to get back into it.

Your enthusiasm is good: I was right about Consensus: The market is not healthy, it depends how you look at it. People believe a bull run is coming but the market might tank before that: If ETH collapses it will not be good. Word is serious players don’t want their platforms on ETH and those that exist on ETH are exploring migration to something better or something of their own!.

basically its not true in my view which is i believe also at the first time i saw this article few days ago that thiis kind of news is fake and totally from fud's again to intimidate holders to create panic sell until the price collapse. And unfortunately it seems everyone now is going crazy without knowing that its just a fake news and because of being panic they spreading it as well to convince more holders to sell off what i mean to save others on that fake news.  Lol

No need to believe every news. One source can say one thing, others say the second. The market is still ahead, so prices will certainly grow.

The market is ahead: Really!

So you agree: Good you did the research, Congratulations. You are a thinker unlike many babbling fools.

I see this bad situation in crypto money prices as money withdrawal without compromises. If enough money is entered in the market, it gains value again.