The market fell by more than 30% in less than a week. Nevertheless, this drop did not significantly affect the Ripple cryptocurrency. What is the reason for such growth, because there is no news on it?
Its because its a centralizes coin and people thinks its a safe haven for now. Its been in the top 2 after the drama that BCH brought to us and the momentum is still there and its trading volume is somewhat not going down as well. Yes, there's no news like you said, we can only speculate that maybe the people behind is also doing its share like pumping the coins etc.. |
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This is not the first time bitcoin has fallen dramatically, if you look at history, it has several times fallen to the lowest level and then surpassed the target or forecast of people. The possibility of going down could happen to touch $ 4k because it is currently around $ 4.4k
Its already $4.3 so there's a possibility that we don't see the bottom yet for this year. Yes, it's sad to see how the market will end this year, I would have took $6.5 any day, unfortunately, those greedy people started to act like kids because one of them wanted the bigger lollipop. Lmao. Ver and CW should kiss and make up make crypto great again.  , but since they wanted to have tons of money, I doubt this will happened, let their fight because I believed that at the end of the day Bitcoin will still flourish. |
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A Bloomberg Crypto analyst predicts a large market surge and that bitcoin remains on a bearish trend. What are your thoughts? How will XRP, Tron, Ethereum, Stellar, Bitcoin Cash behave?
Obviously, we remain bearish because of the recent event (BCHABC vs BCHSV). My thoughts is that its already a messed so its going to be hard to fix it. We would understand if there's some FUD coming from least say a banks or something, we can easily recover from that. But the messed those greedy person created is hard to predict as we don't know if Bitcoin has bottom already. So we can't do anything at this point, but continue to hold and wait for the bulls to appear. |
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nah, you have not yet seen a cryptocurrency bear market if you think THIS is a bear market  this is nothing compared to them. in cryptocurrency world when we say we are in a bear market it means you should expect price to be lower at least 30% within a week and by the end of the month reach at least -50% which is obviously not the case here. the altcoins may still be in one but not bitcoin. Exactly, that's why I find it funny people becoming so paranoid after the recent price decline. If they really don't like what they are seeing they can simply get out. I even see one thread saying the XRP are more stable than bitcoin? Lol. I guess we have a idea what had happened last Wednesday, its beyond our control now. Let Bitcoin Cash war each other, I believed that in the long run we can see a reversal, most probably next year. |
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Whenever coins prices fall, there are always many posts that suggest that we continue to hold and not sell.
But is this really helpful? In fact, losses have already occurred, and we cannot deceive ourselves with the reason of book losses instead of actual losses. This is simply a shit reason.
Indeed, if you hold coins and wait for a bull market, you may recover your losses，but this is uncertain, it is not necessarily happening.
More often, holding will only make things worse.
But isn't it by holding you're not actually losing at all? Of course if you decided to dump it, but 1 BTC = 1 BTC in your wallet. I think this kind of bearish trend might have teach us a big lesson. Majority takes losses, however, its a long way to go. The only thing we can do is just hold on the coin and wait for the next bull run in the next coming months or years. |
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alltime dump and dump, we want more prices,
have some negative news?
i think i live in bubble and for me all information is Good,
if you have bad news - plz share eachother
It looks like we need to endure this whole Bitcoin Cash hashing power war and sadly, bitcoin was affected by it that's why the price goes down in a instant in the last couple of days. But when the dust settled in days or weeks to come, I'm sure that Bitcoin will still be the clear winner here because Bitcoin market is where most of the money. So investors will still continue to buy Bitcoin no matter what the negative news. |
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The fall will not last forever this sooner or later will come to an end and I think that 2019 will be more productive for the crypto currency !
Correct, but the bearish trend may take to long as we have expected it to be. I'm sure that majority of us is not here when the market went on a bearish mode for more than a year. Others lose hope and didn't hold but they all regret their decisions when the price peak last year. As for 2019, everyone is very positive that it will be the year that we've able to bounce back after a year long bear market. So let's hope that we're all correct next year. |
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Doesn't make sense if you have bought bitcoin higher than the current price and just simply dump it because you panic. Everything will be back to normal for sure, its just we have been affected by this Bitcoin Cash war as the moment and there are several reports that Bitcoin Cash holder are dumping their Bitcoin to prepare for the war and the hard work.
So if I were in your shoes, I wouldn't sell not even a satoshi as this point. I would rather not panic and just continue to hold.
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Yes, I thought that we can overcome the $6500 mental barrier, but its a big psychological wall in front of us that's why it was resistance and we somewhat fall below again. But the good thing is that volatility is very low at this point and we are still hovering around $6300-$6500 prices for quite sometime now.
I think this trend will continue and those TA will be not be very helpful short term. Don't get me wrong, but its obvious that we can't get over the resistance unless there's a good news that investors will see as a catalyst.
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It's that time of the year again: Retarded noobs panic selling because they saw some irrelevant news, be it some shitcoin exchanger hacked, be it some idiot holding a lot of bitcoins and selling, or be it anything else: it's time to buy the dip.
Exactly, we have been preaching that for so long in this forum. Lol. We need to look at the bright side of it and not just complain about the price is too damn low and not making people money. You can thank god or whatever that we are seeing sub $10k again. Once the obligatory retardation that happens every so often it's over, we'll be back up. Remember, limited supply, permanent demand for a decentralized uncensorable digital gold = price can only go up long term against scams such as any fiat ever.
Again, patience is the key. Buy in dips and let your bitcoin sit in your hardware wallet and watch it grow overtime and thank God later for making the right decision. |
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StellarX is great. The only problem - there are not enough good projects built on Stellar except Gratz and Mobius It needs more high-quality interesting projects.
Perhaps its jus too early to say what projects will built on its platform. XRP was like that in the beginning as well. But as soon as they implement a lot of improvements, banks started to take notice and now they got the support they given. So give it some time and see how it pans out. If its really a great project then many will take notice of it for sure centralized or decentralized. |
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I cant see anybody buying at the moment. Far too uncertain. But if you had loads of money to dump and you fancied a gamble and can afford to lose well then maybe. But for any kind of investment then no way.
They are not buying because partly they are waiting for some sign of a bullish trend, but so far we haven't seen anything so I doubt that we will see the end of a bearish trend this year. On the other hand, smart investors will look at it sideway trend as time to accumulate more. That is if more casual investors will see this, they might push the market a bit. But majority are very reluctant because most of them have been burned already. |
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Hey guys. Ethereum is looking really bad today. 200$ is lower than on September 2017 ;( Do you think it will recover with crypto market? Or this is the end of ethereum?
Based on its price movement these past few months I think it is really the end of ethereum because it almost plunge $500 is just a couple of months so maybe it is a hard time for those who invest in ethereum last year. But as you can see, it has somewhat stabilizes to the $200 mark so I wouldn't say its the end of ETH. Well it has drastically reduced because of the continues dump of project ICO and bounty hunters but it doesn't mean it can't recover in the future. Like every other coins in the market, they're all struggling as a result of a bear market, But once the bull take over, ETH will go and will definitely hit another all-time-high. |
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As long as the tax is reasonable and governments will regulate crypto then I don't have issue with that. But the problem is, government is taxing like 20%-30% so that's not good for crypto holder. It might even give a signal that they just wanted a outright ban. Crypto enthusiast will be forced to either pay the high taxes or just abandon crypto, it will be difficult for us.
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This is a first, https://bitcoinnews.com/head-teachers-in-china-caught-red-handed-ether-mining-at-work/Two school principals in Hunan province, China, have gotten themselves into hot water for mining Ethereum at work.
Lei Hua, Principal of the Puman Middle School in Chenzhou, Hunan convinced his wife that mining Ethereum might be a good way to earn some extra income, then put 7 machines to work at school.
Lei was put on to the benefits of crypto mining by a cousin, prompting him to spend 10,000 yuan on equipment, one machine followed later by another 6 which he ran round the clock in one of the school’s classrooms. The only problem being between June and November last year he used over $2K of the school’s electricity.
So profitable were the school principal’s extracurricular activities that his vice- principal decided to join him. The activities were only tumbled when teaching staff observed unusual levels of noise emanating from the schools’ physics’ lab which clearly couldn’t have been caused by lessons, although the 24 whirring was originally put down to the school’s air conditioning. This noise was emanating from an extra two machines set up there by vice-principle Wang, also purchased from the principal’s cousin. Lmao, not so smart principal. The idea is good btw, however, the method they used is not. Obviously, someone will notice the dramatic rise in school's electricity. Luckily the principal was just kick off of the school while the vice-principal was just reprimanded. |
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Yes, I agree. Exchanges will go to Malta for safe haven, (Binance and OKex already did, and I read the Changelly as well). And then more regulatory pressure coming from USA, so its either bow down to US, close your trading platform or require KYC for you customers, which means your business is going down as well. Time has changed a lot, so its a bit more scary as others may have thought it to be.
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Friends, McAfee increased the price of SKY by 12%.
What do you think : how long will the SKY price rise? Are there any ideas of PR, for your favorite tokens?
Well I must that that McAfee is really good at shilling coins if SKY is up by 12% because of his promotion. But we all know that this is just hype, sooner or later it will fall hard. So its either you ride the boat with them and bail out when it's going to sink otherwise you will also go down with them. I'm seeing this hype will just last for a couple of days and then followed by a massive dump. |
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It seems like the market condition in mid-year is usually a stable market condition, you can see from the price movements from 2013 to 2018, the cracking of bitcoin prices will usually fall when the year starts and will rise at the end of the year has a lot of price movements so you should be able to use it when conditions are stagnant like now to buy some bitcoin.
It might not fall more and if we plan to hold it for long then buying now will give us more profit in the future. Bitcoin is still a top coin to invest with, it have many uses that we can get ease for using. Agree. We have really seen the last bottom price and I doubt that we are going to see another bottom at the end of the year. On the other side of the spectrum, the price seems to be very stable so we will not also see another massive bull run, so its tit-for-tat. But its better this way though, instead of seeing market volatility that a single news will really make the price goes deeper that will worry most of those investors. And this is might be calm before the store, or accumulation period for everyone. |
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Not all can be successful in trading only people with correct mindset and discipline in will be successful , many of them forget discipline and lose there patience when they lose there money and they start gambling
There's a lot of room to grow in trading, but not in gambling. In trading if you made a mistakes then let it be a lesson for you. And I'm sure that you will learn and not commit the same mistakes again. So whether you have the wrong mindset in the beginning, you can adjust your trading plan and strategies so that you will have a chance to get successful on it. Unlike in gambling wherein there's no chance at all and we haven't heard any successful gambler out there. |
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Isn't it that banks consumes more energy than bitcoin? Why are those environmentalist not attacking them? Ah because they have their own agenda from behind.
And yes, miners are using renewable energy like solar, geothermal and hydro but still is not enough for those who wishes to attack bitcoin mining for their own benefits (whatever/whoever they are).
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