To the Moon vice versa

[iTradeBit]

Friends, market has suffered huge losses, but large cryptoexchanges such as finance continue to develop, for example, they open sub accounts with zero downtime for example, how big are their benefits for you? And in general, when are you waiting for a turn back from the earth to the moon?

[sunsilk]

Friends, market has suffered huge losses, but large cryptoexchanges such as finance continue to develop, for example, they open sub accounts with zero downtime for example, how big are their benefits for you? And in general, when are you waiting for a turn back from the earth to the moon?

They will continue to develop regardless of the market situation, it's on their plan and road map so we can't stop them developing new partnerships and services that will give the best benefit to their customers.

I'm waiting for it patiently, there's no timeframe on how long I'm going to wait but that's it. I'll wait no matter how long it would be but as long as I'm good waiting them, it's no problem to me.

[Slow death]

when are you waiting for a turn back from the earth to the moon?

I'm optimistic about the future, but one thing I can tell you is: forget that word: "moon" because it can take months for the price to increase and that word "moon" will not be useful in the next months. What we have to worry about is when many governments will accept bitcoin as a means of payments

I'll wait no matter how long it would be...

this is a long-term investment that requires a lot of patience

[astridwi]

as long as the coins that I hold now provide many updates and the best service and the addition of work partners for me is enough for me, because this coin is still growing and will provide many benefits for the user and behind that is hidden profit for us. when crypto still has the potential there is no reason for me to be emotional or stop here, waiting patiently will give you a good profit friend

[sunsilk]

I'll wait no matter how long it would be...

this is a long-term investment that requires a lot of patience

Yes it is. I've experienced on how much I've gained by just holding my bitcoin last time. I'm also good taking up these times while the market is on red, I won't panic at all.

Should I say, why should I? if I'm still in quite good profit after buying all of those btc's I've got below $1,000. We all have been holding and optimistic about crypto's so I'm determined with my plan.

[mwaqar17]

Every action has a reaction. It is applied everywhere, whether it is daily life or crypto currency. Everyone was aware of this situation. It has token almost one year to move back. Now we have to wait again for the next ride of btc or whole crypto market. It can take one year or more than that. So let's wait for that moment.

[Kemarit]

Friends, market has suffered huge losses, but large cryptoexchanges such as finance continue to develop, for example, they open sub accounts with zero downtime for example, how big are their benefits for you? And in general, when are you waiting for a turn back from the earth to the moon?

Obviously those exchanges are still raking big money even if the market is slumping so they will continue to develop to attract investors or traders in a bear/bull market. What are we waiting for? For those who might enter the market at its price peak, then its going to be a hard lessons for them to learn that what they witnessed might take years to happen again. Common sense tells us that in this market, you really need a lot of patience in order for you to make more money. If you don't have that trait then better go out and exit right now because this market is not for you.

[o_e_l_e_o]

Obviously those exchanges are still raking big money even if the market is slumping

Probably about the same despite the price slump, actually.

Take a look at https://coinmarketcap.com/rankings/exchanges/ and https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20171207&end=20181207. Exchanges like Binance, Bitfinex, Coinbase and Bitstamp are currently up anywhere from 40-70% in terms of volume over the last 7 days. Bitcoin daily volume has been sitting around $3-4 billion since May. For the last week or two, it's been up between $6-8.

A lot of that volume is from people panic selling their coins which is causing the price slump, but increased volume means the exchanges take in more in fees.

[sclmte]

Well, most of what I hear about trading is that they say that they are losing a lot of money because they still do trading even though the market price is still low. the difference before, is really going to the moon you get the profit but now you are really losing. so I can say that you do not have to sell your coins anymore, the only thing to do is to wait until the moment when you return to the previous bitcoin price that will also increase by the vice versa.

[squatz1]

Obviously those exchanges are still raking big money even if the market is slumping

Probably about the same despite the price slump, actually.

Take a look at https://coinmarketcap.com/rankings/exchanges/ and https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20171207&end=20181207. Exchanges like Binance, Bitfinex, Coinbase and Bitstamp are currently up anywhere from 40-70% in terms of volume over the last 7 days. Bitcoin daily volume has been sitting around $3-4 billion since May. For the last week or two, it's been up between $6-8.

A lot of that volume is from people panic selling their coins which is causing the price slump, but increased volume means the exchanges take in more in fees.

Though I still think that these exchanges have a vested interest in creating large price swings, as that's the way that they're going to attract the retail investors who rake in the most fees (as they will typically use Coinbase with higher fees instead of Coinbase pro, and so on)

Even with volume up, I do think that higher prices (and the same volume) do make more money for the exchanges as they're going to see more revenue from the sales themselves. Who knows if high prices are sustainable or if we're in a bubble (and its still popping) but I don't think this is the end.