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Author Topic: crypto market demand is increasing  (Read 1923 times)
Fuhre (OP)
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February 18, 2018, 09:22:59 AM
 #1

I want to know your opinion about this, how do you think?

https://www.ccn.com/bitcoin-eyes-12000-south-korea-demand-cryptocurrency-market-rises/
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jaredl
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February 18, 2018, 09:30:08 AM
 #2

This is good news isnt it? The crypto market is recovering and prices are increasing.

However I would approach this cautiously as it may not be a real bull run as the market is still weak.

I would not be surprised to see BTC and the cryptos trading within a range for a while more as traders are likely to sell

when BTC hits 12000 and buy when it hits 9000 again. Just be careful if anyone is buying at this price.

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February 18, 2018, 09:43:38 AM
 #3

This is good news isnt it? The crypto market is recovering and prices are increasing.

However I would approach this cautiously as it may not be a real bull run as the market is still weak.

I would not be surprised to see BTC and the cryptos trading within a range for a while more as traders are likely to sell

when BTC hits 12000 and buy when it hits 9000 again. Just be careful if anyone is buying at this price.
Well I agree on that it is really a good news for us that has really save a Lot of crypto coin becaus rid the price rise and pump we can really sell our saved  crypto coin and gain a huge amount of profit I believe that many people wanted to invest in crypto coin because it is really amazing and it really give us a huge profit.
zenrol28
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February 18, 2018, 10:14:43 AM
 #4

As of the time of posting, the market took a dip. Maybe some who bought at below 7k took their profit. Good news for those who bought low. But bad for those who just bought it recently. This proves that the market is very unpredictable. Just always buy with what you can afford to lose so whatever happens nothing will hit your head.

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February 18, 2018, 10:56:50 AM
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 #5

Let us just remember that South Korea has it own market. Meaning its prices does not influence the global market. Simply an increase in demand in Korea will mostly affect the market there what the global market will simply have is news that can be use for FUD or an influence to start buying more. If we really want to see if that demand is increasing we need to look other things outside the volume, things such as daily transactions to the number of new created accounts in Bitcoin wallets as it is a better indicator.

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February 18, 2018, 11:01:24 AM
 #6

I think it ain't good news for us since south korea market and global market are separated from each other. It will affect us soon though since I am sure that others will overeact and buy bitcoins, I am sure that some with access to South Korean exchange and global exchange have made a killing. Nevertheless, it is a good indicator that crypto is being adopted fast worldwide and is becoming faster day by day.
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February 18, 2018, 11:22:20 AM
 #7

As of the time of posting, the market took a dip. Maybe some who bought at below 7k took their profit. Good news for those who bought low. But bad for those who just bought it recently. This proves that the market is very unpredictable. Just always buy with what you can afford to lose so whatever happens nothing will hit your head.


The market movement is normal right now. When the price of BTC reach the resistance line then the normal movement is it will go back to the support line. It is so naive to say that the market is unpredictable. You need to study more the market movement before you say anything.

In relation with the article it is indeed has minimal weight on the impact for the overall price of BTC. I think that if the BTC price break the 11k mark and continue to increase i think the price of BTC at the end of the month is 13k.
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February 18, 2018, 11:28:56 AM
 #8


This is one of the good development that are happening in crypto world which is favor the Bitcoin that if these great progress will continue it will absolutely make Bitcoin back to the line towards out most awaited high price value again which is $20,000. I just hope that no more dip that will going to happen again by this year because some experts says there is still last dip that going to happen early next month.
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February 18, 2018, 11:52:17 AM
 #9

I am ahppy to hear this good news after so much time. Was fed up of hearing news regarding bitcoins getting banned in different countries. It will definitely result in increase in prices.
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February 18, 2018, 12:00:39 PM
 #10

This is good news isnt it? The crypto market is recovering and prices are increasing.

However I would approach this cautiously as it may not be a real bull run as the market is still weak.

I would not be surprised to see BTC and the cryptos trading within a range for a while more as traders are likely to sell

when BTC hits 12000 and buy when it hits 9000 again. Just be careful if anyone is buying at this price.
Yeah it is really a good news especially to us who really admire the beauty of bitcoin and on how It's truly inspire us a lot.I've seen the coinmarketcap for the value which really increasing that's why It is a sign that the value of cryptocurrency was moving up.
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February 18, 2018, 12:04:52 PM
 #11

This is very good news. I think we can use this information to get more profit. We can discover good coins and invest capital for altcoins. I preferred altcoin because 3/1 of market depends on Bitcoin.
Eternu
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February 18, 2018, 12:26:45 PM
 #12

That was huge drop in bitcoins price, and now its back on track. Bitcoin have large number of supporters and its no wonder that it has started to recover. This news show us that bitcoin can survive almost anything, and that those who believe and take risk can make some sweet profit. For now I believe that price will stagnate a bit, before it continue to rise again.
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February 18, 2018, 12:33:27 PM
 #13

Yes this is a great news to all of us and many people will entering investment to crypto. We hope that prices will recovered as soon as possible.
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February 18, 2018, 12:39:41 PM
 #14


If demand is increasing then it would be better for those who already has investments in crypto. This means it would spike the price of each cryptocurrency with high demand and then again the supply would need to catch up with it. Then i guess at this rate cryptocurrency will rally back up again in the market.

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February 18, 2018, 12:47:32 PM
 #15

I do think of the same thing. The market is now recovering from the crash earlier this year. From being downed for about weeks and now positive signs are observable. Hopefully this situation will continue so that the crypto will be able to fully recover before the end of the first quarter

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February 18, 2018, 12:52:16 PM
 #16

The increase of population being consider as a bitcoin user are the main reason on why crypto market demand is now increasing, but if we count people today who becomes a bitcoin users are very few only, because cryptocurrencies are not totally endorse and advertise in television, we found only advertisements in social media, from the users of crypto, and it is not directly advertise by the creator of crypto. Other people heard about cryptocurrency but they don't know on how to access. Just like me also before, i have no knowledge about crypto until one of my friend introduce about crypto and they teach me on how to access, that's why I'm a crypto fan today.

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February 18, 2018, 01:06:48 PM
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that was good for us and i think this is the time to increase too much so to all of users are now be happy after the downing prices of bitcoin.

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February 18, 2018, 01:14:20 PM
 #18

Well this is another good news for bitcoin and cryptocurrency, supply and demand has a really big impact if it comes to bitcoins value but always be careful and take extra measures in making your decisions cause even if it is a good news don't get your hopes too high bitcoin right now is still fragile and what might happens next is really unpredictable.

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February 18, 2018, 01:45:40 PM
 #19

Well this is another good news for bitcoin and cryptocurrency, supply and demand has a really big impact if it comes to bitcoins value but always be careful and take extra measures in making your decisions cause even if it is a good news don't get your hopes too high bitcoin right now is still fragile and what might happens next is really unpredictable.
This is the nice news I've heard right now because the crypto coin after chinese new year was started to grow.We should be happy and celebrate for increasing the value of cryptocoins because as a volatile movement we don't know wheres the time to fall or rising it's value.
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February 18, 2018, 01:48:22 PM
 #20

This is good news isnt it? The crypto market is recovering and prices are increasing.

Yes, this is good news for crypto enthusiast! Bitcoin gradually back to the game. I hope that the recovering of cryptocurrency will continuously grow until I invest with them.
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