Bitcoin Forum

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

Frankly speaking, it is hard to say whether bull is coming because of this dip. Bitcoin price went down $700 within 30mins, but there aren’t any fuds. I guess we have to monitor the market further.

Oh terrible news, I just opened the market cap. That bitcoin, as usual, pulls the cryptocurrency to the bottom. Apparently a few scam projects brought money. Horror.

In the forex or stock exchange having an asset to be oversold or overbought will make the investors, traders and even brokers do something about the price dump or pump that happen over that asset so that they can have a control over the price, however I think it is not the same with cryptocurrency as the prices are very volatile due to that fact the the asset is widely spread through out the world. What we can hope for is that the dump that happen will indicate something good.

this dip is due to the fact the most investors don't want their money on a place where there is no profit at all.

Investors have taken out of the market almost 15 billion $ in just a 3 hour period. There will be no pump. Just a huge dump because there is no profit right now , not even for good traders.

market is dead. NO BOUNCE.

i was also searching for the news on the telegram channals but there was nothing but they named it "correction" and i don't know why there was any need of the market correction and what this correction is all about. It is really hard to predict that either bull are approaching to the market or not but bears are pretty much strong

I did not hear any bad news that caused the market to fall like it is now. Everything went too fast and I lost 20% today, It seems that it continues to go down and may reach 5500$ today

Not the thing. I guess it's now hard to recover from this hardest dump. What I see is, it will now take a very long time for it to recover and and it will take so much good news, updates and applications for it to happen.

I think this decline is mainly driven by the hard fork Market of BCH. BCH hard forks are not sure whether they are successful. Wait for market stability to operate.

Crypto world is not easy to stand for when you looking your coins double deeps. Today it makes me feel really bad, maybe worst days of my cripto experience last one year. I can not stand to see these rapid drops :(

I am losing the hope of seeing a bullish market in this year, but you idea can also be true. If ETH can lose 70 USD within one day, why can't it pump by 150 USD a day? Hope you are right and we will see another up move pretty soon.

It is surely because some people need money for Black Friday on next week. Cryptos market looks very bad.

There's been 3 scam ICOs in 3 days only. There may be more I dont know of. Says they are going to refund investors but its so clear they have reached softcap. Maybe investors are already losing trust on crypto and trying to withdraw funds as early as they can still recover. These actions of good projects ending on failures cause uncertainty. Hope before the year ends ethereum and btc will recover. So much for that high price predictions. A few notch higher is acceptable for me.

I have not heard or read any news that could trigger the dumping as well aside from the "Black Friday". Maybe people are just cashing out of necessity or just trying to invest somewhere else to gain profits rather than watch and wait at a stagnant cryptocurrency market. At this point, there's no clear sign of a hard bounce.

I like to see this as a hard dump!
why? because i am a buyer at low and make it hold for good.
well if this will be right then it will be as good as again for just days!
that is why i want to be in this community!

Those ICO is not the reason for the price to crash this badly. Look at the price of bitcoin too. Almost 5 billion wiped off the market in less than an hour. I am not sure what has caused this, but pretty much sure that this is not the result of those ICO scams. Lets see what happens next. A quick recover or a further dump along with a long recovery period.

Many very much hope that this falling market again means the bull is approaching, but I think it is not. The main thing now ie that there will be no sales due to panic, this will greatly aggravate the situation.

It is very unlikely that a bull trend is coming just because of this dump. Bearish sentiment is surrounding the market, and this massive dump (if it continues) will only intensify that sentiment as there's not much in the horizon that can trigger a big rally. We're probably stagnate around the current prices for a bit longer, meaning that the bear market is far from over.

At least this dump is giving people the opportunity to buy cheap and accumulate, so there's that.

I don't know what is going on, I woke up this morning and price was ok and next thing I know price dramatically went down.
Do we know what is the reason behind this?

One of the upcoming events is the launch of the Bakkt trading platform on December 12 of this year. This platform is for institutional investors, that is, for big money and most likely, if Bakkt is launched, the market will go up. Now we are seeing a fall, most likely this is due to the fact that someone wants to buy cheaper. Especially if you look at the BTC movement on the top 100 wallets, you can see that it is a big purchase. As for the ETH, then as always it is affected by the BTC movement. In any case, we will not constantly fall, there will definitely be another increase.

it seems like that won't happen and there is no strong reference base for the weld, and for the next few moments it looks like the conditions will continue like this

seems normal, and it seems like nothing has been missed by you only now can only see trends don't be too curious, just enjoy process. if indeed this is the right time to buy again regardless of fluctuations.

Yes it always hard to make price return to ICO price if the dumper dumper the coin very hard
It depends to the community and developer to make the price rise again

Nah I think that some bad news appeared in social media that's why eth was down to $177 in few hours . I think that it will come back by appearing a good news about crypto

I've only seen news about coinbase and bitcoin cash hardfork (https://nulltx.com/crypto-markets-drop-significantly-due-to-coinbase-announcement-btc-eth-bch-price-down-over-10/). But honestly i don't believe this announcement can be a reason for a recent downfall.

That is also what i am thinking but in crypto nobody knows what is ahead of us. The dipping is very abrupt at the moment and there must be some FUDs circulating around the community.

If there's a bull run, it should drop first.

But haven't you seen it that we've been dropping since the early months of this year? ETH just followed the path of bitcoin and that's why if bitcoin drops, ETH and the rest of the altcoin gangs will drop too. The bounce? we'll see it soon, the market seems looking for another support.

This is a sign of pump. More people sell on this stage. The institutional investors are buying cheap price of bitcoin, we could see big pump after wards let's hope for the best on crypto space.

It can mean anything, and no one knows for sure. So wait for December, I think a lot of news will affect ETH. We can only wait. The main thing that everything went well in New York, this is the main thing for us at the moment, I no longer know what can give impetus to cryptocurrency.

This is not a sign of a bull market coming, but if what you're looking for are fast profits then this can be the perfect time to get them, you only need to buy ethereum and you could easily make 5% to 10% of your investment during the next days, those kind of profit may seem small for some but in average that is what you earn in the stock market in a year.

The entire crypto community is shocked after seeing a massive dump and this time there will be a lot of panic sellers for sure, well my suggest would be stay calm for few days and watch what's happening around the crypto market.

either what will happen but just follow what is happening on the market. the current conditions are the same as the final bull run last December, many cryptos crashed and bull run approached. but expect it would happen again at this time is not easy to happen again.

Today when I opened the CMC website I was really shocked. I do not understand what's going on. Market collapses too much within hours. This is beyond the speculation of many experts.

Even the price of the BTC has hit the lowest price in the past 12 months, one bad for the market at the end of the year. Maybe BTC will continue to go down and cause the altcoin to fall down, 4000$ is the next target that btc is aiming for

Get yourself used to that as it's possible that the market will dump more.
People easily panic as they have not seen a good pump this year but that is a normal situation, the green moments will be back in the future.
Let go of the current situation and focus on the future, as long as you hold, you have a chance to ride the train.

There have been some reports that the Asian stock market continues to be red and that is the reason for the decline in the crypto market. Whales are always investing in quite a few areas, and if the stock market and forex markets fall, our market will also fall. and so we are confronted with an economic downturn. We need to be calm to handle things.

Basically, prices are jumping all the time. It is very common at the investment market. Patience, and patience once again. Most probably people are selling their coins to get ready for the shopping on Black Friday that is coming very soon at the end of November. It will get better in a new year.

I do not think that the price will fall to 4000 dollars. Since the cost of mining one Bitcoin is about $ 5,000. And miners simply will not profitable to extract Bitcoin. So I think that the price may fall to $ 5,000.

I hope this dump the last, before the BAKKT will launched. I still believe that we will see at least a small pump in December.

I hope it will bounce hard too after we've got the hard dump this day. I think this is what happens in the market, but I don't know if there is a big negative issue that impacts the crypto market. But I am sure that after this big dump, we will see the market will recover, and I hope that every coin can reach the highest price as before. What I see is when bitcoin price got dump too deep, the altcoin will get dump too, and it will stay for a while in that price, but it will bounce up again.

I think not really, if the cryptocurrencies lose too much it doesn't mean that it will rise in the same way as it lose. The only thing I know that can influence the growth of the market is the investors and the HODLing of the cryptocurrencies that we have.

Maybe, the market will return very quickly to the previous place and that's why market has come down so fast. But it is still not right to say, we have to wait till December. Then we can understand the situation of market .

I consider several planes to analyze and select my actions.
In addition to the current recession, it is necessary to look at the overall world economy, which heralded the upcoming crisis. During the economic crisis, cryptocurrency will grow in value, due to its attractiveness as an investment in currency depreciation. Hence the current drawdown.

For a market that has been touted to be experiencing a 'correction' for over 9 months now, that excuse for the crash doesn't hold water one bit. The market is grossly manipulated and it's almost impossible to say the bull run is approaching as we've equally been hearing the same thing any there is a major dump like the current one

now it's just a dump. Perhaps all this is happening before some very good news that would pump the price very fast. perhaps already this year the price of ETH will reach $ 500 and bitcoin 10.000 dollars

More chances for a new reversal of the market soon. But we can not exclude the possibility that the fall will continue.

It's not just Eth. All the coins are bleeding. I think the market is still on the downward trend. We may be too optimistic about the crypto market this year. The bear market will be a long process.

It is possible,  this event might probably an attempt to bleed the cryptocurrency market before pushing the price up.  Meaning, manipulators wanted to get the best out of the bear market before the bull market come in.  We had seen this kind of scenario several times so I guess all we have to do is to wait and see what will happen next.

As for the bull, I very much doubt something, as it seems to me, the growth of the market will not be soon!

No assurance that the price will hard bounce after it fall. I just observed that the price can easily go down and it takes days to rise higher. We just need to be vigilant on the market as what was the reason on this dump.

This is not the right time to draw conclusion, because anything might happen after wards. Cryptocurrency is volatile, just as we have seen it fall so easily, so also can it rise easily, yet i would say we can hardly tell what will happen next.
At a point after which my attention was called to the fall by a friend a mine, i was now wondering what the cause could be, but i am not perturbed, because i understand what i am into.

There will be a big bounce after a massive dump in the market.
It will soon rise in the chart few days from now.
Have you seen the chart past years? massive fall will result to a great bull run.
This will happen before the year ends.

I think the drop in exchange rates is a stepping stone for the reconstruction of the cryptocurrency market in December. I have always believed in the cryptocurrency market since I began to know about it. The downside on the exchange rate is that panic seller, and the stock market is worse than ever.

That is why I always mention that Ethereum is only good for long term hodl. The price keeps on dropping and we still haven't gotten a price were in Ethereum can stay at the price range. Without establishing a price, I will not recommend ethereum for short term hodl. There are a lot of coins that is worth our money like XRP. It will be a matter of time when XRP dethrone ETH again.

I would like to see this BCH HARDFORK rubbish done with but as long as we are hostage to these arrogant and spoilt rich kids and miners, we will never see a good end to this bear market fiasco. I think a lot of people now will panic sell and exit crypto which is just what the institutions and big dogs want us to do, but believe me, many are steadfast and are holding strong and are going to buy up many of the cheap coins and tokens but my Wife says she will never purchase BCH or BAB, she detests the leaders that run it.

Every single coin in the market were almost slit-drop. There is hard fork from Bitcoin Cash happening and I heard of this "war" or some sorts. I forgot what that article stated but worry not, since rebound shall happen after this issue. I am not quite surprised of this happening due to its stay around 6k lately.

No real news sufficient to cause such a market swing. What has happened is that the support level that we've been riding on for a few weeks now has finally broken, and prices have fallen through. The question now is where we stabilise. If we don't quickly return to those previous support levels, then there is a good chance we'll go lower.

yes, that's right, I think this is the whale's act that caused panic towards other traders so they did panic sell in bulk. This is what makes prices drop dramatically in just a few minutes, I hope this does not last long and the market will recover again

I believe always we can see hard bounce after hard dumps. Because i think they are dumping btc hardly and they are trying to dump that very much. I dont believe there is some people and they are still selling their btc with 5.5k value. It doesnt seems me real. So ı can understand from these that is manipulation and they can not manipulate the market for long time i think.

Definitely, when there is a huge dump like this it is inevitable the price can't but bounce back, but i can't confidently says this is a bull signal but certainly there will be price surge.

No one knows what is happening. Some have view that 2018 is the correction year for crypto currency market and some are saying that we should have more patience. So that market can recover and we may have some benefits from our investment, totally confused

Do not exaggerate the role of investors. Think about trading in general ... Stock exchanges for that every day someone would sell and someone would buy crypto

a friend said that this was caused by Hardfork BCH, but I did not understand the point, and the price really reached its lowest point

I found this article on the web. https://ambcrypto.com/bitcoin-cash-bch-chain-is-70-controlled-by-craig-faketoshi-wright-as-bitmain-prepares-to-deploy-90000-new-miners/ There are those who actually believe what's happening, esp the very sudden dump, was in relation to BCH hard fork.

No one can certainly say what will happen. Anyway, if you have a look back in November 2017, we had the same dump suddenly right before the huge bounce and ATH to $20k for BTC. So, I think it as normal and the market will have a bullish moment after some days. For ETH, it is quite possible to get back in $500 within the next month but I still consider ETH as risky just because it already has down to #3 in coinmarketcap.

ripples being the second at this time, ethereum drops again deeper
hahaha this is ridiculous. I think manipulation for ethereum always happens
it can even go down even further in the next month. we just watch what will happen towards the end of the year.

I also believe if there is hard dump after there should be hard pump. But with this market condition i afraid about it. Still market is  finding the bottom. everything is upon to traders mind.

Hard dump hard bounce should be the norm but the present cryptocurrency is absolutely unpredictable as there are many uncertainty and volatility. If any coin should bounce right now, it will be an exception instead of norm!

I have read from the social media gc that the cause of the dump for bitcoin is because of the bch hard fork and not because of the whales manipulating the price. The price downtrend will be of short period as what they are talking about in the gc and the value depreciation is just a normal occurrence in any trading investment. We just have to be patiently wait for the recovery of the value of bitcoin hopefully sooner.

This may actually be one of the possible effects of a dump. The bounce may happen very soon as ETH may be building a momentum before it kicks off again. ETH is still a top coin despite the few falls. But of course, what fell can bounce back up to a significant value. Let's just hope it happens soon.

I guess the dump was due to the BCH fork, normally market dumps everytime there's a hard fork. I am sure there will be a hard bounce after a weeks since we are almost at the end of the year. Let's hope that the market will somehow be favorable for both investors and holders since most of us had already lost a lot of money this year.

But it is not typical that the whole crypto market dumps when hard fork is coming. Only Bitcoin Cash should dump, so I do not understand why are you talking about it. Could you tell us more?

As much as I would like to shake my head vigorously in the affirmative, one thing I know for certain is that the cryptocurrency market is very volatile and largely unpredictable, it can swing any way at anytime.

If I could judge from past experience, I would say that we should expect a hard rebound soon because studying the crypto market in past years, all indications show that December is a very favourable month for Cryptocurrency.

some news to which yesterday’s failures are tied, but I don’t think it’s news, it’s more like targeted pressure down

and it also seems to me that it looks like a rebound for acceleration, before growth.
I want to hope

You have to hope and stay together without panicking. ETH is perhaps the first will go up, but not the fact. XRP is likely to take the first step to the top.

What caused the collapse?
Just think about it, less than 24 hours ago, it was possible to sell the BTC on a thousand dollar higher. Probably, it is impossible to define why “the foundation was cracked” under the cryptocurrency, as for the example it can be done in a regular market. In the digital, the effect is first  seen and only than the reason becomes known.

Reason #1: Contagious effect
Reason #2 : Direct correlation
Reason #3: Global Bitcoin influence

What should do the owners of cryptocurrency: sell or wait?
It depends on the inner aspects of each owner. Even when the course is rising – it still have cycles of fall.

https://thecoinshark.net/three-hellish-days-for-cryptocurrency-reasons-of-the-fall-of-the-currency-and-what-to-do-next/


This is a good article to understand what is happening.

I don't think it was any news that affected the fall. The rebound was not strong, so I see no reason to panic and prepare for war with the bulls

I am trying to be positive and that is how I think by now.
With so much dump, a pump will have a larger possibility. So maybe, we could expect that.
I am just trying to speculate here and maybe because it mostly happens.

As of Ethereum, it had been dragged by the dump of most coins specially bitcoin. But, this kind of bounce is happening like 3 months by now. So it is just normal.

I am just analyzing that ETH prices will be much lower at the beginning of next year, I have predicted this from far away, off the train and I am ready to buy it back when ETH prices touch below $ 100

there is no need to impose, because all of that will certainly have its own time, when it's time to fall and when to wake up again, the most important and we have to prepare is the moment to invest in the price of coins that are on this floor

I believe that this is just a great opportunity to purchase cryptocurrencies for investors.

I think yes, yesterday I read an article on one of website that stating if crypto prices will not high rise before a hard dump occurs, even though a few days ago hard dump had occurred but it seems the trend will not change in the near future considering the christmas and new year are imminent

Because of the volatility there is no proper chart navigation each aspects is essentially needed to know whether it will go down or up in the coming days, I've read a chart that says it will be consistent and will eventually fall but I didn't thought that it will happen sooner than expected, I didn't hear any news about possibility of ETH going down but it still did and did it hard.

For me i just merely hope that the price will soon bounce up again, to stop the worry that many people has suffer in this bear market.
I think stopping everyone worries could help the market to recover since there will be less people who sold their coins out of panic attack.

We really dont know if this is the last time that the market will drop hard all I know is for every nose dive of any market there is a big possibility that It will also reverse back to itself and goes up.

It is hard to determine of where this market will going as we have in this situation before since December 2017 that since that time the market has a huge dump but it never bounce back until today therefore there is nothing we can do but to hope that the bullish market will come as we are already in the tip of waiting for this bearish market to end.

Yes, many projects have failed. They have been dumped from the day they went to the exchange, and I think most of the price of altcoins is not yet at its lowest point, including Ethereum, Ethereum is not impossible below $100.

I think this is because the impact of bitcoin cash separating from my bitcoin with bitcoin cash is no longer using bitcoin technology starting on 15 November 2018 so this can't be traded because this price of ethereum has also dropped in recent days.
and there are some coins that are not affected by the decline in the price of bitcoins such as XP which continues to grow around 4% for the positive

I have the same feeling with this latest big dip on the whole cryptocurrency market. The thing is that there is no strong basis for this dip unlike last year where we can easily ascribed any development so something. All we can hope is that this can be a good sign that a big bull run is imminent. I am still hopeful and have not lost general confidence on the cryptocurrency market. Things can soon be rosy if not towards the end of the year than we can expect that in 2019.

If bull approaching the market should slowly increasing, but looks like difficult to bounce back because of that hard dump, well 1 month to go before end of the year hope they will increase.

a shocking event when everyone speculated that it would happen in the end of the year, it happened that hard dumb against bitcoin was followed by all coins, many people were frustrated with the market so they sold cheap prices, but I still believe in cryptocurrency and there will be solutions to solve this problem.

isn't the price of ethereum suda really falling right now? Will this continue to fall at the price of $ 100?
do we have to wait for prices to fall very hard to see market prices recover?
even if the altcoin has reached its lowest price, it will require a long time to recover

indeed to stay calm in this condition is very difficult for me personally.
but whatever happens I will remain hold.
it is clear that the market is very volatile and very vulnerable at this time.

we cannot predict ethereum prices correctly. like what happened since the beginning of the year, when everyone in the crypto community hoped that a hard dump would have a positive effect in the future, in fact it hasn't been seen yet. ETH needs to restore their position in terms of their existence and trust in the eyes of investors and traders. only then can we discuss the prediction of a hard bounce in the future.

In my little understanding of dump and bull; were there is no dump there aren't going to be a bull, so, the probability of see a bull run is eminent to the community. The dumped of four days ago was just too much and other negative news that happen to the market; cause the market to bleed but there is a good news, bull run is at hand!!.

Well, eth fell very much after the beginning of the year and this week too. But after a strong fall is usually growth. In December we will find out what will happen to the market, then in January there will be a fall because there will be holidays. Many will simply relax and will not go to the exchange.

No one can predict a 100% what is going to be the next thing. But everyone is hoping for great things to come and that is a bull market. Right now, people should keep on focusing on investing in great ICOs and coins since the market right now is still red.

It can mean anything. It is very difficult today to assume in which direction the market will go. Perhaps we still do not understand the horror on the threshold of which we stand. Too optimistic market sentiment. Many believe in rapid growth. This may be a mistake.

Last year the holidays not strongly affect rates of cryptocurrencies. The main thing that December has been the growth . I think market sentiment will continue in the future. It seems to me that until there is positive news for global growth can be expected.

This was due to the fall of bitcoin. And bitcoin fell in turn because of the hard fork of bitcoin cash. It's all one man's fault !

What i get from an expert for me is this hard dump are the process of circulations from volatile situation in every market, but another things is happening that is the final results from every ico that presenting the future of cryptocurrency, the blockchained and the platforms hold it.

every day we fool ourselves. The bull is coming, the bull is coming, the bull is coming. But the bull never comes. We are always in bear season since February. This is very bad . I don't know what to do

I believe that after this rapid decline, we won't be able to see again ETH $ 200. Everyone said when BTC fell to $ 10000 that there will be growth again. But in the end, what we are seeing? A smooth decline to the levels of last year. Don't wait for growth and it will surely come.

I think this might be one sign for the existing bull run scenario to start soon. before there is a pump usually the price will go down.

maybe this is the last cheap price.in future we will not see this price anymore.after several months we are on bearish trend, maybe begining of 2019 all cryptocurrency price recovered again.

Dont worry good news comming soon. This is a nature of cryptocurrency market. I last year was faced this situation. Anyway ens of year or middle of next year all top coin prices will be up again.

In the forex or stock market having AN quality to be oversold or overbought can build the investors, traders and even brokers do one thing concerning the value dump or pump that happen over that quality in order that they'll have an impact over the value, but i feel it's not identical with cryptocurrency because the costs ar terribly volatile thanks to that reality the the quality is wide unfold through out the planet. What {we can|we can|we are able to} hope for is that the dump that happen will indicate one thing smart.

  Now such severe dumps of the market just tell us that all odd people are "thrown out" of this "train" and we will be waiting for the previous levels for long. The reversal might be in the middle of this December or the next one!

Logically, that should happened, however, this year a lot of things has changed. Usually we should expect a few bounce but its not happening because investors are still very reluctant. Although is a good buying opportunity, majority doesn't have that mindset because we're simply in the bear market. So I would say that the bulls is still not around the corner so don't expect them not this year though. You just have to look at 2019 and be optimistic that it will be the year when the market started to recover everything what we have lost.

What balance are you talking about? After each hard downfalls follows the reversal, and that's ok. It's bad that this reversal doesn't compensate even a part of the losses pushing the market down! There'll be another downfall, I guess.

Let's just hope that after this continuous market downtrend, something positive will help the majority of cryptos to recover. The trend this year made the market value of cryptos to fell at their deepest resulting to huge profit loss for the investors. Investors are now struggling due to the negative market scenario which pushes them to sell out of panic, which is an unnecessary thing to do with your investments.

I don't see the relation between hard dump abd the bull run. I cannot see any signs of bull run as of the moment. The recovery is too hard for crypto and so as the bull run. Having a decrease is more likely than recovery and it could be a bad thing for crypto. A lot big investors dunped their coin the moment they have chance that is why it keeps failong everytime the market recovers.

I don't know, but I think the harder pump is, the harder dump is.
So we had a sky rocket of ethereum from 1$ to 1400 and there is a big dump like 90%

Nearly everyone says we need a collapse to rise again. Perhaps this dump is a precursor to the rise. Market needs to recover. Hopefully bull starts soon.

inthink that we have to admit tat soem bounty campaign were jot created to win but just to collect money from peopel

It is a perfect window for a possible hard bounce. Since many investors are accumulating from the loss of the ethereum price to buy more and just waiting for it to recover and try to sell them. Really easy profit for investing at low and selling at high.

A bounce, after a huge drop, is imminent. We just don't know when and how "high" the dead cat bounce will be  ;D.

I think it will take next year or 2 years before we see the horns of the bull again. But then again, this is crypto, we'll never really know.  ;D

in my opinion, the red market all day indicates a big pump that will occur. but a bull run may not occur this year if in December it hasn't started to rise.

it is the hope of people who are still holding their assets now. honestly I also hope that it will happen at the end of this year, because I am also still holding some bitcoin, and eth assets. but at this time it is uncertain when the price of bitcoin will rise again.

it is very difficult to be able to restore the market conditions to be better because it is too big to experience a decrease in all prices, there must be great support for returning cryptocurrency to a good path again.

I believe it is. Hard dump is preparation to have hard pump because there happens the correction on the market. Even pump does not happen before year ends, time will for it. While it is in dump get this as an opportunity to buy a coin which you want to invest and wait for the time it gain good profit.

I hope that you are right and such a huge fall will result in a correction in the form of tremendous growth and the return of the bulls.

I hope you are right. I hope it will brings hard bounce. But I want to remember. Ethereum still loose its value from $ 1200! We expect when its price dropping a bounce. Really it can?

even now eth reaches $ 150, is very chaotic, there is nothing to do except hold it longer, hope not to lose and add a little profit without expecting prices to soar too far

Bearish sentiment remained on the market. Now the negative growth has been fueled by the news that NVIDIA does not want anyone to buy their video cards, which means the end of the mining era.

Well, at this stage if you do not want to still have hope, what else will you have? At this point of the market, as people are getting scared, that is the time you really want to be getting optimistic. I get bullish when the market is bearish and I get bearish when I start seeing greed kick into the market.

It happens to every market, it has helped me in stock market as a long term holder over the years and as long as institutions are already in this market which is obvious, I am sure; you will have to just agree with the fact that the same thing is ongoing. Scare out the weak hands, and then let us enter big while they join back FOMOing. That is always their strategy.

Lets hope  this will happen eventually but I have my doubt of it happening this year. The whole of 2018 has been bearish and downtrend as negative sentiments has been the order in cryptocurrency market!

Hard fall, this is what will end for everyone. Rebound with the same pace is clearly not going to happen, and a slow rise affecting the patience and nerves of each holding amateur.

There is not any bad news affecting the market. There are not any FUDs. I just found that there is a battle between BSCS and BCHABC causing bleeding bitcoin. Many investors worry about the future. Current ETH price is $ 131  :'(

Hard to say, I think everyone was surprised such a market decline, and the problems were only on the BTH, I think it all started with him. Of course, I want to say that this is the beginning of the arrival of the bulls, but they can't, it's best to look to the free market movement in a week we'll know where the market is heading.

I think this does always apply in a bear market, what usually happens more is huge pump huge dump, it is usually difficult for a coin to pump to its previous dump level in a bear market. But in a bull market the stated topic often applies, that is the period you wait for a dump in order to buy

This is not hard dump but it is a consolidated dump which has been accumulating since the beginnig of year 2017, i believe to see more dump close to 3k usd by the end.

I don't believe in your theory of hard dumps=hard bounce It seems not possible in current market scenario. Whole crypto market has been rattled in 2-3 days. Currently ethereum is traded at $132 its quite low to $177 level still dropping and we don't where it will stop. This hard dump does not give any bullish signal because there is nothing in market and possibility of bull approaching is far far away at the moment. Even I also did not heard any negative news.

The money is not ready to move into cryptos quite yet, but the more their prices become manipulated downwards, the closer we are getting to the next big move.

There is such pattern.  After hard dump we see a bounce back, there are some trading indicators showing probability of outcome.
But now we have just a massive dump without rebounces. it is strange and very sad

If you consider the market history, your equation is right but in this case there is market speculation of big mining farm companies that can change the rational market behavior.

Hard dump = hard bounce, this is not always the case. A very wrong assumption as in most part of this bear market, some hard dumps never recovered but the reverse have often be the case, hard pump = hard dump

Clearly what we are witnessing now is a hard dump but this will not end here as every dump there is always a recovery next and I can call that
a hard bounce. When we bounce hard enough we will create FOMO and that will bring us back to the moon again.
People might be wondering if there are still people left believing on bitcoin, I will confidently say, yes, because smart people don't panic and with
the recent big dump, whales are already positioning again.

chances are we will be presented with bleeding again next month, even eth can go down even further. but this is only a wild assumption that is not necessarily proven true.
I think the beginning of the year is a good start to make a purchase

Giù explained very well the concept that can be well applied to the today market status. After a big dump there is a little reverse.

.I think the hard dump recently is due to the action of whales to kill margin and MLM coins. And the market is hard to bounce because the investor has lost the belief in the cryptocurrency market. At now, we should only wait for the market to recover only.

The market has grown through worst dip and has come back again better. This time as well, this capitulation phase is just meant for shaking off the panic sellers which is almost done. If anyone is still left we can test $3600 once. But after that there will be a positive wave as BTC is the trend setter in crypto market and hence, other coins too move according to it.

Last time I checked ethereum was $130 and didn't show any signs of recovery. I think that it will go down even further, close to $100 where the buy support is before rebounding back a little. Too many dumpers in ETH means it will not recover as well as bitcoin

I don't know what these rebounds symbolize, but I can safely say that everything is going downhill. And this decline is gaining momentum. But it can't be eternal, so soon it'll stop and we'll go up.

That's right mate i agree with you
This time isn't easy for us i know the feeling of all coin holders
But we need to be calm and patience when the bull run comes
Honestly people are expecting price bouncing before and of this year

So much for news my friend I haven’t heard any reasonnor confirmation of some sort for this massive decline. But i am thinking of the same thing. Its just a matter of time and this can escalate quite fast that may trigger a bull run. Everybody is on a look out for that.

The thoughts of things as such is probably due to what happened last year. We should keep in mind that there is no such consistency when it comes on cryptos. Therefore, same thing could happen and could not because we have no assurance. It could be better but we are lacking assurance. Therefore holding is a more advisable thing to do than to just make assumptions lacking assurance. In such way, we would be safe from regrets particularly with panic selling.

will bitcoin and friend be crash to zero? we do not know but this is definitely not something to be surprising.
It's still normal thing to happen in the bitcoin movement since the bitcoin was created.

A hard dump has occurred, but until now there are no signs that the market will pump high. well, if there is a pump, maybe December is the right month to sell assets, because it coincides with the end of the national year, it could be the price of the crypto pump at that time.

ETH dropped too much and yet I'm still optimistic with it and hoping that one day we will see it hit $600 or higher next time.

Just don't be too pressured and excited just because of the hard dump, yes that's possible that there will be an upcoming hard bounce but its unknown when.

Nothing is clear as regards market direction, but as long as there is development and solution to Cryptocurrency problems like scalling issues,  speed,  cost and use cases,  Cryptocurrency will in time regain value!

No-one really has any idea of what will happen in the short-term - it could go up, down or remain at the current level.
Longer term though crypto has as much potential as ever, and there is growing noise about institutional investment. I would say long-term the outlook is very good.

Well, anytime it gets to happen we would most definitely get to see it eventually anyway, but the fact remains right now that the market is in a condition in which anyone who is smart will be buying now knowing that nothing comes down in a market that will not eventually change trend by moving up and vice versa, it is only left for you as an individual to know how you want to be playing your cards right.

2018 is more like a year to be investing, just like 2017 was a year to be making huge profit, and probably most of 2019 would just be a year for more investment and consolidation for a while, but at the end, the market is not even done growing.

there is no bad news about crypto. That's just the adjustment of those who are managing the market. I do not know how their strategy is, but the prices of the altcoins and bitcoins are at an alarming rate. It is on the way to death and they need to fix it immediately. We need to be patient to wait for the market to recover.

THis happens affecting from the bitcoin cash fork,maybe investors transferred the investments from other coins to the most safest one and that is bitcoin
Ethereum is almost below $100 now and no indication of growing this soon.but your maybe right about the hard dump and maybe a hard bounceing also,hopefully it will happen this following year of sooner

You didn't miss any significant news, this is just a very important correction that happened because the market is simply not showing any positive movement, the investors are scared and they began to sell their coins, this in return probably activated the actions of some bots and made them exit the market and this created the sudden decrease in price that we are seeing.

you're right! most likely ETH will go down to the price of $ 100 and Bitcoin $ 3000. after reaching these prices, the market will begin to recover. when Bitcoin reaches $ 3,000, most investors will flee the market fearing to lose even more of their investments. the beginning of 2019 will be positive I think

It is a great opportunity in the fallen market that we can get the best of the coins at so very low rates and start building our portfolio for the 2019. So it is the times to start buying the coins and make the best of the decisions now to make future better with crypto currency.

In the first quarter, we have some big news and maybe it will give a push. We are waiting for the ETF solution, launching the Bakkt platform. Manipulators did everything so that people sold their bitcoins. I think that by the end of this year we will see Bitcoin above 8000. Perhaps they will now lower the price to 3800 and then there will be a pump. But if I am mistaken, then we can be in a flat for a few weeks and then we will see 3000 for 1 Bitcoin.

At first we said the correction, then we said the correction, then the market stabilized. But none of it was real.

There is definitely no correlation between hard dups and hard bounces anymore with this market situation. The best that would happen is the price rises a bit and finds itself a new stable price range.

I really hoped that ETH was starting this recovery when we rose from 190usd to 200+usd, but look where we are now. And that was just 2 weeks ago...

As of writing ETH is on $131.99 and the total cap is gradually decreasing which sits on $146,961,533,174. Its indeed bleeding and we cant do anything about and we should deal with it.
You haven't missed anything because on this very unpredictable market these scenarios can happen anytime so don't be shocked that price might shoot up on roof tomorrow or would go to the floor on
next minute. No one knows.

It's true, it will be very difficult for us to predict the next market movement whether to go up or down. But according to my personal opinion that the market will not be forever doomed and let's wait with the day of ascension to arrive.

I would very much like to believe that from the winter of 2019 we will begin the recovery and we will again see the market to which we all deserve.

keep slow don't panic when see blood market, this end of year and after hash war from bitcoincash of course many cryptoccurency get impact and people panic sell their asset, and i think in next year another beartrend are coming so that's why prepare yourself

Hard dump maybe can cause hard bounce because it is not easy to pump again the market without the help of the people here in crypto community and we need each other to increase again the value. Buy more cryptocoins and we will earn more money again.

I think there are so many investors and holders are accepting the loss and sell all their cryptocurrencies to prepare for upcoming big even at the end of this year, Christmas. As I remember, there was also a big dump before christmas last year so I don't think this is a signal for an upcoming bull run :(

If theres a hard dump we would eventually see dead cat bounce and actually we wont even know if it would go to hell or not but theres always one sure thing that
there would really be a recovery no matter what but doesn't mean that there would be a hard bounce or price increase inspite of having a hard dump.
We see recovery on a way it do moves gradually.

Well I hope for that year 2019 their is a recovery of price. When their is hard dump their is a tendency of hard bounce but let us hope market could recover.

I hope that a strong fall will be the beginning of the same strong growth. But at the moment the market is in no hurry to go up and bring us profit.

Every coin is bleeding because right now when BTC is going down alts are going down even harder that's why. If you want to look out for positive signs look for BTC dominance chart on coinmarketcap.

Do not know when the hard bounce will come. Market is still in dump phase that just seems going on and on. 

To be honest I'm still waiting for another dip, the price can be lower than this. Maybe in the near future the growth of it are way more natural and not some hard bounce rocket, cause IMO after hard bounce it will another hard dump right?

While I think that the price that we are seeing is already very low, I agree with your prediction that the price can go even lower because it is likely that the bears are aiming for a price for each ethereum of 100 dollars and a price for each bitcoin of 4000 dollars which means that we still have some room for the price to go down so if anyone is looking to buy bitcoin or ethereum it could be a good idea to wait.

 winter has come to the cryptocurrency market and I think that it will not leave quickly. be patient.because spring always comes after winter!

eth is suffering a continuous hard dumps. As all other except BCH as well it was beaten to pulp and still really being plummeted by unknown force pulling and pushing down. Poor eth. But it's still one of the crypto that is good to bag when the sellers are done.

I really just hope people can get to realize that. I would not be expecting a huge bull run this year anyway but if it happens, I would not be surprised. Just like the OP said, there is always a possibility of a huge bounce followed by a quick rally upward, with the way the market is going right now.

Most times, we always get to see a last dump like this as the market is about to recover, and this is the period I consider as period of capitulation where a lot of people are bailing out because they really do not understand that there is a huge potential in the future, but whichever way, they will get to learn.

after the hardfork bch, eth dropped to this day at the level of $ 123. the current market turmoil has always been donated by a red trend especially after fakesatosi claimed and made an opinion with the founder of bch. we can see the results now. this is the lowest level in a sensitivity that occurred at the end of this year.

This is only because of bch battles that affect the price of BTC, so other coins come down. There was a massive dump at BTC, of course it was all because of the bch so the BTC dropped and followed by other coins, but just take advantage of this incident, prepare your USDT to welcome Blackfriday

Well its hard to say

We've faced quite some similar major dump in the past and it recover and goes even higher
So i assume if we can maintain a good demand and bring in adoption
We could bounce back

I would not expect a big increase - certainly not in the near future .. After such large price drops, people's confidence in the cryptocurrency market will build at least a few months. I think that we will not see another bull run in 2019 ... probably in 2020.

You are not only one man who is curious. We also curious. Maybe you thinking right. Market of cryptocurrency will be pump (big bounce) after starting 2019 year. Hope big downfall will be fill up by rising Market. Market condition depend on situation of investor and company.

I dont think of hard bounce back .
This year is just for dump ,dump and dump.

now ethereum down hard,,
market doesn't like a basketball,, you pull down then the ball bounce harder,,
its more complicated buddy,, but, i hope this is the real bottom of ethereum,,

Just calm yourself we can't do anything if we keep looking in our portfolio that has gone painted in red all over it. Just do what you want to do and stop looking your portfolio while doing something so that you can't forget that the market is in bearish trend. We can't see some good news yet to predict such bull run is coming.

Seems that it continues to drop and no one when will it recover. Moment like this could lead to a panic situations and I am hoping they can handle the pressure so that they can at least avoid further losses.

The decline may still continue and is likely market to grow after a strong collapse. But it is unlikely to be this year. Do not forget about the news and events that also greatly affect the situation in the market.

I hope there is a recovery early next year so people will bring back their trust and confidence in investing crypto.  At this time,  we cant blame others to talk negative on these as fully consider on the profit concern. The market seems to hard and ain't profitable for now.

I think the crypto market is quite different now from before in which hard dump will become hard bounce is applicable or maybe there is really a hard bounce but we cannot measure of how much hard dump is needed before hard bounce will take effect as the Ethereum price continue to fall at $110 now. The market is really unpredictable now so better lets just wait and see of whats next.

Looks like the market is still down and goes more down, i hope in a good price next year

This market is now driven by big whales up and down , traders with few bucks here and there are eaten everyday , crypto is open source so you can do nothing about it just sit watch and learn.

That if they will react stupidly, they'll lose their money if they panic.
We know that whales are shaking the market so we should behave now and just watch them, they are the reason why the price
has gone down so hard but they will also be the reason for this to rise again.

I saw that CSW plan to make peace with Bitcoin Cash. So the price might recover.

Whales are shaking whole market, but after such huge price drops they will not be able to raise the price back to the ATH level without community help. Little investors will need at least few months to build their trust to cryptocurrency market again. So i will not expect huge rises even when the bottom will be found.

It's hard to get a picture of where these dumpers are coming from. We know it started with the bitcoincash hash war, but then the panic sellers started dumping as well. These guys could be worried about SEC crackdowns or any future bans on crypto, even though there is no real FUD going around

You cannot explain what it is happening in the market with what it is happening in BCH, it is true that BCH is an influential coin but do you really think that it is that influential to make the market of cryptocurrencies in general to crash so hard, this has nothing to do with that and everything to do with bitcoin not having enough demand to justify a high price.

Hopefully what you say can happen because everyone has the same hope to be able to re-reflect prices to high prices and be able to return to price recovery again. because there are too many dramas that happened in November that made many people lose.

There no hard reason to panic really, despite of the positive news and adoption the price don’t reflect in the market. So I assume that these dumps are part of market control and manipulation, fear dominates in the space and only the strong ones remains. I don’t care if there’s a bullrun or not in 2018 anymore but 2019 will be a different year for crypto, regulated and more adoption.

But that is precisely the problem the demand is impossible to maintain because everyone is getting out of the market as fast as they can and no one except the most hardened bitcoin holders are still holding their coins and when that happens it is natural for the price to go down.

Personally, I would prefer that the price grow naturally, slowly. If, after such a large drop, the price starts skyrocketing, I am sure that it will fall again very soon. For ordinary users such drastic changes are not good - they end, for example, with panic that we could observe over the last weeks.

I think the growth of the cryptocurrency market will be long and gradual. we just need to be patient and wait for growth will be soon

This means that a big sale has begun  :). This sale will last some more time. There is an assumption that the year 2019 will also be a bear one. So have patience. The crypto world doesn't disappear, but it is very much subject to manipulation.
And in the end it is foolish to expect that prices will always only rise. After such a strong overbought, which was at the end of 2017 - the beginning of 2018, it is natural to expect a deep correction.

We see big price rises after big price decreases. But what we're encountering can be dead cat bounce. So we should always be cautious.
You need to pay attention when taking risk :)

I think many of us will prefer a slow growth for bitcoin but we do not get to choose if the growth is very fast I will take it since it is better than what we are seeing right now in which almost every coin in the market is going down with the only exception of the coins that are pegged to some other asset like the US dollar, so while a fast growth is not ideal it is better than what we have.

possibility to ride does exist, but it's not all just happens. all need moments to be able to move the market conditions right now. crypto and I think the moment it certainly requires planning and time is pretty long.

I wish we can see a nice price in close future.

According to me it is yes that after hard dump hard pump will come. we've seen this type of incident in past time. So I hope very soon good pumping will start.

For my own vision that scenario of hard bounce was just a temporary situations right now, and the dumps always happened. We try not to be more worried on most certain cases we feel afraid during fluctuating moments of our holdings. Be more confident and positive right now, because one day we will be able to see the greatness of crypto in our lives.

But it only for the people who are still patiently waiting. I know some members are having problem with their investment today and they just leave crypto. We don't want this to happen(dumps) but then,  we cant control everything that's causing any fluctuations.
That's right,  we still be positive and look forward to a better future.

We need another big FOMO to encourage those people to buy the crypto again. recently, the nasdaq news has been giving a good signal for crypto holders but we are still waiting for the more institutional to come for crypto. Crypto needs more good news.

Hard dump=hard pump that is what we are expecting ,
But to be honest it doesn't always happen as we expect it and we couldn't tell how long will it take to recover.

If it will take time to recover then that is alright as long as we are holding it for long term.
Crypto is here and will be here for longer term, what goes down must come up so we have to wait for that time to happen and we can
only enjoy that uptrend once we are still holding. Don't panic now, it's a big test.

The market doesn't move in such a way, there have been instances in which the market does what you are describing but most of the time after a huge dump in the price what we see is the price becoming stable for some time at that lower point and then after a few weeks or months we see a recovery and most of the time the recovery is way slower than the crash.

Traders fight with traders

Maybe I look at this situation pessimistically, but I think that the bull market will be only next year. I think it will be not at the beginning, but at the end of the year. Ethereum will rise in price, 100$ is a very small price for such a coin.