Bitcoin Forum

So what is up here? HBAR hedera hashgraph (https://www.coingecko.com/en/coins/hedera-hashgraph) is up 600% in just 1 day after the google announcement

Anyone is going nuts already? you think a correction were to come with such fast increase

For those who bought on peak price in previous years and still holding nowadays then they do really have the chance to break even.
Current price is almost hitting up its ATH and no doubt this one is hyping due to recent deals with Google.Correction is inevitable and lucky
for those who held or bought this coin while its still cheap.
https://cointelegraph.com/news/google-joins-hedera-hashgraphs-governing-council
https://www.zdnet.com/article/google-cloud-joins-dlt-platform-hedera-hashgraphs-governing-council/
https://coingape.com/hedera-hashgraph-hbar-soars-100-reach-ath-following-google-deal/

All do talks about that governing council.

If I'm one of those people who bought this coin, I'll start selling now even it's not a break even. It's now a good chance to get out of it because the possible next scenario is that the volume of it will start drying out soon.
This kind of pumps will usually be followed by an expected dump.

Avoid buy that coin atm. The price will be down so deep / correction after huge pump like that, those who have bought this coin should be already sold their coin since the price already too high compared many days ago before it got pumped. Better to sell some of your bag rather than regret it while the price has fallen

I think HBAR will have a big correction in the next few days and investors need to stay away from this coin because the risk when choosing to invest is very high. Currently, people are starting to mention this coin more and there will surely be investors trapped when buy HBAR. Personally, I only see news of cooperation with google as normal news and will continue to monitor what will happen next at this project.

Well sorry to hear that mate, it looks like you are trap with this coin.

I would agree with the OP that there is a huge pump on HBAR, 600% in 30 days. However, it is still far from its all-time-high.

ATH is $0.32508 like 6 months ago, and the current price is $0.07066, that's like still -78%. It's really up to you to sell at this price though, you are still at a loss, although I can't blame you if you wanted to get out as you don't want to be trap for a long time.

It's very dangerous pump, looks very inorganic and guarantee pump-and-dump scheme here.

That's true but you don't need even wait for the next few days to see that happen. The correction has already started and i just believe hbar is on the way to search the 24h low rate. The chart looks to leave the peak price and it was moving to the bottom again. The correction will be always a few days started from now and the traders must pay attention to sell their Hbar as soon as possible. This pump will not be forever.
After an instant pump and there will always be a dump and this is the cycle.
I told you guys who are still holding your Hbar to sell it and take another bottom price to buy again.

Yes,I took advantage of the opportunity.

You should remember that we should buy rumors and sell news. So if you haven't bought HBAR before, it's best not to invest in it now. Its price will certainly collapse quickly so don't take the risk, there are many other good altcoins in this market and just wait.

This is a crazy achievement and makes me cry, because a few months ago I bought at a price of around 350 sat and after that it went down to 150 sat for several weeks without increasing and I decided to sell it at a loss. And now the price has doubled from when I bought the coin. For those who still hold this is the right time to sell it.

It is certainly better to sell whilst the coin is still rising. This sort of mega rise always continues too far and is followed by a big pullback. It happens absolutely every time, and the key is in judging the right moment to jump off.
Do be aware that however rapid the rise is, the fall is generally even quicker. It is very very easy to hold on too long and then discover that most of your gains have evaporated.

One of the co-founders has a big announcement in a few hours during a webinar, and it is related to the Consensus Service. They did post something in their TG announcement channel, so I'm not certain that it is something separate or if he's just going to repeat what they've already posted. Hopefully it is something new. It'll be interesting to see if they can outgrow the inflation of the hbar supply - having Google in the fold is great, but I'm not convinced it will be enough to push the price higher.

You don't have to feel sorry about that mate. I'm telling only if I'm in the situation of those people that bought this coin.
But no need to worry because I'm not buying coins such as this because, I know how risky it is when I'll purchase coins like this.

you should wait for a few weeks and see how well it stabilizes.
i imagine that it will drop back down a bit until then

You should not expect to have such continuous uptrend. That was the same mistake that some made in the past. Also. among those that bought very high, maybe at the exact ATH or very close to it, do not be surprised that a lot of them could have sold at loss, in a bid to move to another one that could bring profit. Most of those taking profit, i believe will be traders.

true, don't rush to take action to buy this coin because usually an increase in a coin hannya only after there is an upward movement will definitely go down in too, if you buy it cheap and sell it at a high price means you are lucky

either there are some manipulation happening or correction is taking place,but if i am to choose?i will sell all instantly and won't wait for more growth because this price is almost leveling the ATH value and safer for those who were trapped from the past to at least make their money back (with a little loss of course) but yet lucky to have a  chance waiting for breaking even right?many currency now a died after hitting the Hype i were the Holders?better let it sell by Now.

A lot of good news this month on Hbar, i think the team make good move on good market situation like this, some expert says in cointelegraph thats google partnership with hedera hasgraph can make could generate 1,9 billion $ in value accross it network by 2024, i predict Hbar can hit 0,1 this month.

HBAR is the next gem coin, I just saw their partners and all are big and famous! This is how a great project comes and wins everyone's heart! One of my telegram friends told me to buy it when the price was decent low, but I was late to have it and the price already went to skyrocket. But as the price is coming down again, I am keeping my eyes on it to buy and hold for a certain time! HBAR deserves such gain 6x in a day and I believe they will gain more in the near future!

With current price at $0.04, i don't think it will be increase so high (more than twice) to $0.1, especially this month will ends around 1 week later. Now HBAR price also down 50% from when it was pumped, i see this coin just like GRIN coin when it hype and then the price start to dump

After pump phase, any coin will have a major correction and HBAR may drop even more in the near future. I think news of cooperation with google is just virtual news that makes investors feel more optimistic and then everyone will find ways to sell this coin in the near future. This market is not always growing steadily, so it is necessary to consider carefully when investing.

To anybody who is after to make quick money in short time be aware that there are lot of pump and dump schemes and small coins with low volume are easily vulnerable to these type of schemes. Especially when a coin has gone up 6x in a day stay away from it regardless of if it's pnd or not

You can look at the chart of HBar price this week on binance, when bitcoin and most of altcoin decrease, HBar is good moving and keep price more than 0,03 $ with more 300 btc volume per day.

Hashgraph does look good, and there was so much hope for this coin. I think the potential is all in the future, at the current moment it is just normal market craziness with good news, then small price rise suddenly turning to crazy mega rise, followed by drop back again. We will see more of the same I'm sure, whilst the real use of the coin remains some years distant.

It seems the hype made by the announcement about google as one of the governing council has faded, and now the price is going back to normal with some attempts from the (possibly) whales or developer to pump the price up again.  I would rather wait for a while until this craze calms down before investing.  I honestly believe that the current spike of the price is a pump, and we know obviously what comes after a pump. And we are seeing them right now.

I've heard alot about this Hedera Hashgraph project and few projects are running on its blockchain already, could easily see 'powered by Hedera Hashgraph' on few new projects, maybe I will look into it

Feel sorry to those fellas who do bought into this certain date.  :'(
https://i.imgur.com/oqoz4YS.png

As usual where corrections do happen after a certain hype or price increase.