Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Jennifer90 on May 22, 2018, 08:20:35 AM



Title: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: Jennifer90 on May 22, 2018, 08:20:35 AM

https://ibb.co/cjwHt8

The reason why BTC and the entire Altcoin market were a mess:

- A large number of whales have made a  speculation on Bitmex exchange, making the price of BTC unpredictably fluctuate. A large number of investors lost a fortune.

- Investors are mentally adversely affected due to the fact that winners of 2017 and early 2018 have withdrawn from the market.

- Sharks and exchanges always try to keep coin prices at low to collect coins. The amount of bitcoin in cool wallet has been pushed up high for a very short time: 7k 8k 10k 12k 14k 8k and recently 44k. However, unlike previous BTC pumping, BTC then experienced strong and deep dump (12k6 to 6k), but at that time 44k was not a good enough number when dumping BTC, so sharks were too alert to pump BTC at that price. The movement to dump BTC is to collect good coins, waiting for new capital poured into the market, which is expected to take place during the period of June - October.

In addition to the conference, there are a lot of assumptions about DX Exchange, the cryptocurrency exchange developed by Nasdaq. This is a safe and legitimate entrance to Wall Street. Currently, there have been 6 coins listed on the exchange: BTC, ETH, XRP, BCH, EOS, LTC.

https://ibb.co/kdSht8

In addition, some important information should be noted:

+ 40% of the coins on Binance and Bittrex have fake vol, which means the exchanges buy and sell themselves.
+ Capital flow is moving to new coins with  better performance and genuine product. 60% of the old coins will be forgotten.
+ The capital flow is strongly running to Hadax. In the last storm, new coins still increased rapidly on Hadax, especially there were coins with the growth of X4 - X8 and a very large volume, quick liquidity. On many Chinese forums, Chinese trading community has also called for a move to Hadax (Houbi Pro) instead of Binance.


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: Michael.S on May 28, 2018, 08:02:21 AM

This is very good information. The information about Hadax is right ? I really concern about it.


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: wwildflower18 on May 28, 2018, 08:03:59 AM
We didn't see the market recovery after the New York consensus meeting this month, and we waited for the news of NASDAQ in October, hoping to attract large consortia in that time.


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: Donna25 on May 28, 2018, 08:05:40 AM
Thank for your information. I care a lot about Consensus meeting in May 2018 but can’t find anything about it in Bitcointalk.


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: Collider on May 28, 2018, 08:09:36 AM
I do not see that anything has changed.

Cryptocurrencies have been falling for half a year. Consensus has not changed anything. Good news has not changed anything.

I am wondering where the bottom is.




Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: Helen10 on May 28, 2018, 08:33:03 AM
Do you know more about DX.Exchange ? I’m concerned about it.


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: Robert.J.K on May 28, 2018, 08:38:47 AM
Recently, people talk a lot about DX.Exchange ? I’m a newbie, and don’t get information about it. Maybe anyone can explain to me.


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: MissLisa on May 28, 2018, 08:47:43 AM
I want to know more about 6 coins listed on the DX.Exchange: BTC, ETH, XRP, BCH, EOS, LTC. Anyone has any information ?


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: GhostWithin on May 28, 2018, 08:50:38 AM
I do not see that anything has changed.

Cryptocurrencies have been falling for half a year. Consensus has not changed anything. Good news has not changed anything.

I am wondering where the bottom is.





It seems that we are near bottom, but it's hard to say how long we will stay near it.
Consensus in 2018 didn't change the situation on the market, because it was just idle talk. The Vitalik Buterin understood this even before Consensus began


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: WhaleTank on May 28, 2018, 09:11:45 AM
Nice info
thx man
You made a good review, so now it's clear that withou Dexchange we will see price manipulation?
whaletank club


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: MargaretBlack on May 29, 2018, 07:02:32 AM
BTC and Altcoin are now a mess and investors are affected by this market.


Title: Re: [b]After the Consensus meeting in May 2018: How has the market changed?[/b]
Post by: JosephJole on May 29, 2018, 07:05:48 AM
DX.Exchange ?? There is little information on the market about this floor but see everyone discussing the floor well.