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Author Topic: what are the weaknesses of the crypto market?  (Read 382 times)
CrypTrends (OP)
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September 30, 2017, 10:21:41 AM
 #1

i wonder what are the weaknesses of the crypto market?
talkbitcoin
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September 30, 2017, 10:34:13 AM
 #2

lots of weak hands.

anybody can enter this market with so little amount of money. then they invest without knowing anything about anything. when something like the China FUD, the split FUD, the bitcoin is dead FUD, exchange hacked bitcoin will die FUD and lots more come out, all these weak hands make irrational decisions and create chaos.

this creates volatile price for bitcoin and that is not good for long term adoption of bitcoin as a currency.

as for crypto market in general which includes altcoin, the biggest weakness is the fact that majority of altcoins are pump and dumps with no usages. they just exist to serve one purpose and that is to be traded.

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September 30, 2017, 10:37:36 AM
 #3

Easy to manipulate.

Since trading with cryptocurrencies isn't linked to any of the trading regulations applie to every country, one can manipulate the market at his/her own will without being intervened by anyone as long as they have the money. Due to this, other traders are having their loss while there are only a few entity on the market that benefits from the trade. This also scares off potential investors seeing that at any time of the day, their hard-earned money can crumble in minutes, which further restricts potential growth too.

reflector
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September 30, 2017, 10:41:05 AM
 #4

i wonder what are the weaknesses of the crypto market?


Price fluctuations and scammers around here are the weekness for bitcoin and altcoins.
Even now also everyone fear about the bitcoin price like how we faced in the time 2013. If it falls back to scratch again then everyone involved in the bitcoin related will be impacted for sure.
I hope this price rise will move flight again and touch the next peak value.
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September 30, 2017, 10:43:58 AM
 #5

Unpredictable and unstable value

We all know crypto currencies are very unpredictable when it comes to value appreciation today it maybe high but you never know tomorrow it can suddenly crash and got a very low price. It's unstable that you cannot be sure that the money you are holding now will be valued the same tomorrow. Its the nature of cryptos which no one can control.
Lancusters
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September 30, 2017, 10:46:28 AM
 #6

Easy to manipulate.

Since trading with cryptocurrencies isn't linked to any of the trading regulations applie to every country, one can manipulate the market at his/her own will without being intervened by anyone as long as they have the money. Due to this, other traders are having their loss while there are only a few entity on the market that benefits from the trade. This also scares off potential investors seeing that at any time of the day, their hard-earned money can crumble in minutes, which further restricts potential growth too.
It seems to me that the danger of crypto market is not only that he is completely under the control of speculators. The main brake on the spread of cryptocurrencies in the absence of direct turnover. Not everyone wants to deal with a currency for which it is impossible to buy anything. Always trade was the engine of progress.
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September 30, 2017, 10:51:25 AM
 #7

Its volability... just like paper money, it is also considered a liquid asset... so susceptible for spending... and the value... hmmm... unpredictable... so anyone who plans to invest should know how it really works... they should always be updated in the current flow of the market... otherwise they are just throwing up their assets so to speak...
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September 30, 2017, 10:59:36 AM
 #8

Easy to manipulate.

Since trading with cryptocurrencies isn't linked to any of the trading regulations applie to every country, one can manipulate the market at his/her own will without being intervened by anyone as long as they have the money. Due to this, other traders are having their loss while there are only a few entity on the market that benefits from the trade. This also scares off potential investors seeing that at any time of the day, their hard-earned money can crumble in minutes, which further restricts potential growth too.
I agree with what you say, so if someone has a lot of money then he can do a dump and pump whenever he wants. it reminds me of what Jp Morgan did some time ago, and I was one of the people who got the losses back then.
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September 30, 2017, 11:18:44 AM
 #9

If you forgot your private key, you will lose your money
Paecga129
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September 30, 2017, 12:26:06 PM
 #10

The weaknesses of the crypto markets is that there is not enough volume to predict short term prices. With forex markets you get tons of volume. Also ya you can lose your private key and thus your funds.
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September 30, 2017, 12:30:00 PM
 #11

i wonder what are the weaknesses of the crypto market?


Price fluctuations and scammers around here are the weekness for bitcoin and altcoins.
Even now also everyone fear about the bitcoin price like how we faced in the time 2013. If it falls back to scratch again then everyone involved in the bitcoin related will be impacted for sure.
I hope this price rise will move flight again and touch the next peak value.
It seems that you are right and I know that is the reason why many people are afraid to invest their money to the cryptocurrency because of the scammers. Some of the ICO's today are scam, so I can considered it as a weakness.
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September 30, 2017, 12:33:55 PM
 #12

lack of trusted exchanges.

there has been too many incidents that make things bad for the whole scene. the exchanges are hard to trust. if someday we could trust them more and sleep better while having our coins on their site, things will become better.
i also believe this is one of the reasons why it is keeping many from investing in bitcoin and starting to trade.

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September 30, 2017, 12:34:54 PM
 #13

the biggest weakness of the crypto markets is manipulated.
approximately total Bitcoin produced until the end will be around 21.000.000,
and if you look at the list of the holders you will see a lot of people holding Bitcoin in their wallets for more that 1%.
which mean they can easily manipulating the market,and moving the market upside down.
it is not really healthy in my opinion if they can do that,because they're like a landlord and we're the citizen in cryptoland.
they can decide it what will happen with our cryptoland and they can decide our life and death.
and a lot of people using their 'fake news' to shill or fud the innoncent,
a lot of people get caught by it,
and many more.
if you want proof,just look at our problem lately about banning that happened in chinese.
can you see what is going on with our markets ? panic sell.

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September 30, 2017, 12:51:34 PM
 #14

The shortcomings include instability and unpopularity for most people.
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September 30, 2017, 12:54:50 PM
 #15

I think the largest threat is community splits. Hard forks in Bitcoin are not a good thing. Some will think, yeah this is like free money, but to the outsider and layperson this sort of activity will scare them off and prevent the market from growing.

There needs to be more efforts for all of the major parties to come to the table and agree the way forward for the project in terms of upgrades and updates rather than people taking opposite positions and just deciding to fork the corrency when there isnt consensus.

My 2c

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September 30, 2017, 12:56:58 PM
 #16

i wonder what are the weaknesses of the crypto market?

I think the wild price fluctuations are somewhat unhelpful right now, this is driven by a multitude of factors including FUD/FOMO balancing, market manipulation increases in adoption and lots of speculation.

The general lack of understanding and difficulty of engagement for everyday people is also a weakness.

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September 30, 2017, 02:33:06 PM
 #17

i wonder what are the weaknesses of the crypto market?


I think the market weakness is weak traders who believes and get panic from weak news. They are dangerous for market and for professional traders.

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October 01, 2017, 01:37:36 PM
 #18

The exchanges. If they're not outright scammy, they're incompetent and borderline unusable. If they're not incompetent then they're hampered by onerous regulation. Some of the best ones either aren't available to huge swathes of the world or they're prevented from having the features people want like margin trading.
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October 01, 2017, 02:23:28 PM
 #19

There are a lot of weakness in crypto currency, first is that there are a lot of scam sites out there. Since it is easy to join bitcoin and the price of bitcoin now is high, there are a lot of people who are interested in joining in but the thing is some of these people dont know what bitcoin is and dont even research about it. They are just interested on the price, wanted an easy money that is where the problem arises. Some people want to take advantage of it so the open new ICO's turned out to be a scam then a lot of people are getting scammed so there is a lot of complaints about bitcoin in general, criticizing bitcoin as if it was a scam then goes the market, dips because of these claims. In short someone with a lot of money can easily manipulate bitcoin's market. Look at what JP morgan's CEO did.
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October 01, 2017, 02:44:37 PM
 #20

i wonder what are the weaknesses of the crypto market?


There are lot of weakness in crypto market. One is that on how it will convert or to sell in the market because we all know that the value of it doesn't that stable to we always aware or waiting for the right time or best time to sell in able to avoid loss. And of course the decentralized thing because btc cannot be manipulated.

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