pharaon
|
|
February 23, 2018, 11:20:48 AM |
|
In general, the demand for crypto-currencies is growing, as is their popularity, but at the moment, it's too early to say that the market has completely stabilized, as are the prices on it.
|
|
|
|
rowel21
Member
Offline
Activity: 182
Merit: 10
|
|
February 23, 2018, 12:59:52 PM |
|
didn't the south Korea has their own market how could its possible that it can effect the global price maybe a little bit but still its a good news it can be a nice model to other country to hug the world of cryptosystem
|
|
|
|
brainryan
Newbie
Offline
Activity: 111
Merit: 0
|
|
February 23, 2018, 01:11:34 PM |
|
The bitcoin formation is very long, but bitcoin has been popular for several years now. In 2017, bitcoin achieved great achievement when it reached $ 20,000. It is hard to imagine. I was defeated by that greatness. And I join the cryptocurrency market.
|
|
|
|
Zandra
Full Member
Offline
Activity: 418
Merit: 100
24/7 COMMUNITY MANAGER 💯
|
|
February 23, 2018, 01:16:38 PM |
|
In general, the demand for crypto-currencies is growing, as is their popularity, but at the moment, it's too early to say that the market has completely stabilized, as are the prices on it.
Yup it's too early to say that the crypto market demand is increased, because the market is not fully recovered from the dip in the past 2weeks. We should wait on what will be happen in the crypto world.
|
|
|
|
kevpantof
|
|
February 23, 2018, 01:29:05 PM |
|
This is just the start. There will be more to come. Even in the streets you can hear about bitcoin now. The advertisements seems to have been reaching a lot of people and even the young ones. Pop up ads in games may have also be the reason into this. I thought thay will never happen, the internet is reaching a lot of people faster. Even with the ban that was made by facebook for ICO's, I can still see a lot of them and then you will be connected with bitcoin. Well, you need it to buy their coins in the ICO.
Yeah! Demand is just about starting and looking at the global population and some of the things I have read, we are not even close to 1% of global adoption yet, so we can see the level of growth we are still going to attain in the long run. It is good to know that some of the rivals are beginning to find a reason to be a part of it all. One thing I always tell people is miss out now and miss it forever. No two ways about it.
|
|
|
|
rickadone
Legendary
Offline
Activity: 1176
Merit: 1024
|
|
February 24, 2018, 09:39:52 AM |
|
If crypto market demand is increasing then it's really a good news for everyone.It means that many people will already engaged in crypto currency so expect that the price will also increase.
That is pretty normal. High demand, high price. I am not seeing anything wrong with the market before anyway, and we have not even seen any adoption yet. Considering the news that has been circulating so far and the good development coming up, I expect that the market should do well pretty soon. The market has been looking strong, we are not seeing much volume moving out, but all the same, we still have to be careful but in the long term, the demand is always going to keep increasing as bitcoin becomes usable even the more.
|
|
|
|
wildflower18
|
|
February 24, 2018, 02:26:38 PM |
|
In general, the demand for crypto-currencies is growing, as is their popularity, but at the moment, it's too early to say that the market has completely stabilized, as are the prices on it.
Yup it's too early to say that the crypto market demand is increased, because the market is not fully recovered from the dip in the past 2weeks. We should wait on what will be happen in the crypto world. Once the price would started to recovered that time we can say demand is increasing. Crypto market this time is really unstable we should have wait for the growth to be increased.
|
|
|
|
jaysabi
Legendary
Offline
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
|
|
February 24, 2018, 04:01:14 PM |
|
The recent downward swing, and the more recent upward swing, or call it crash and recovery or whatever you want is the wrong way of looking at all of this. This is a volatile market because nobody is yet certain how the demand is going to play out. Look around, people, you have seen nothing yet. The demand is going to be huge. There are only a few people using crypto and Bitcoin - ask yourself, what happens when everyone comes, so next time the price drops (or increases) by 30 or 40 % stay calm cause you have seen nothing yet.
If everyone was certain that everyone would be using Bitcoin, the price would never stop going up. But 1) the likelihood that the majority of the world population is going to crypto is not a given, and I would argue against it. Crypto is always going to be a niche element, and the to the moon people are delusional. And 2) the likelihood of the majority of the world using Bitcoin is far, far less likely. There will be so many crypto options and competitors, no one crypto will ever have a too the moon valuation because crypto as a whole will be liquid and easily replaceable, so added adoption is not going to favor any one crypto heavily but be spread among dozens and possibly hundreds of cryptos. If you bought Bitcoin above $1000 and expect to get stupid rich off it, it's not going to happen.
|
|
|
|
Similificator
|
|
February 24, 2018, 07:12:46 PM |
|
The recent downward swing, and the more recent upward swing, or call it crash and recovery or whatever you want is the wrong way of looking at all of this. This is a volatile market because nobody is yet certain how the demand is going to play out. Look around, people, you have seen nothing yet. The demand is going to be huge. There are only a few people using crypto and Bitcoin - ask yourself, what happens when everyone comes, so next time the price drops (or increases) by 30 or 40 % stay calm cause you have seen nothing yet.
If everyone was certain that everyone would be using Bitcoin, the price would never stop going up. But 1) the likelihood that the majority of the world population is going to crypto is not a given, and I would argue against it. Crypto is always going to be a niche element, and the to the moon people are delusional. And 2) the likelihood of the majority of the world using Bitcoin is far, far less likely. There will be so many crypto options and competitors, no one crypto will ever have a too the moon valuation because crypto as a whole will be liquid and easily replaceable, so added adoption is not going to favor any one crypto heavily but be spread among dozens and possibly hundreds of cryptos. If you bought Bitcoin above $1000 and expect to get stupid rich off it, it's not going to happen. While I certainly do agree with you on some parts, I really cannot agree with some where you say that the scenario where the majority of people will really be using crypto is far less likely. You see, people are greedy and loves innovations and stuff that makes things easier for them(not to mention how much most of the people want to look cooler than the other). Which is why I think some time in the future, something like this happening has a good chance. Another thing that I do not agree on is the thing about no crypto coin will ever have a to the moon valuation because clearly the to the moon valuation has no specific number. Besides that, we are not capable of seeing the future which is why we can never be certain about everything. Specially when it comes to cryptos because we have already witnessed so many times how fast things change around here. Not to mention the fact that if you ask any crypto lover you come across to a question like "what was the first crypto currency you heard of and bought first?", I pretty much think that the majority of them if not all will say bitcoins. And lastly, the thing you are saying that he can't expect to be rich when he bought bitcoins on prices above the value of a $1000, is something that I strongly disagree with. You cannot say such on someone because you do not know what type of person that is. Clearly, the price when you bought is not the thing that makes you rich but the way you control or manage your possessions. Or should I say, how you work hard on learning as much as you can about bitcoin and how it moves at these months of the year and so on, so that you know when to buy, how long to hold and when to sell. I think you get my point. -just sharing an opinion, good day man
|
|
|
|
Yamifoud
|
|
February 24, 2018, 07:47:54 PM |
|
Very often that it would happen in crypto considering that the community understanding about these are getting on. We can't say this is a start because eventually it is started already for many year's until such time that china and other big countries banning this. It's growing development really impressed everyone and may attract more to adopt these 3rd world currency.
|
|
|
|
MainIbem
|
|
February 24, 2018, 07:55:57 PM |
|
The adoption of peer to peer payment system powered by blockchain technology has just begun. As the days go by, more and more people will continue to adopt this new payment system. And the system is riding on cryptocurrency coins and tokens so it shouldn't be surprising that cryptocurrency market is rising.
|
|
|
|
simpleholmes
Jr. Member
Offline
Activity: 278
Merit: 1
|
|
February 24, 2018, 08:13:37 PM |
|
the biggest demand for btc was in december where even a salesperson in the street was talking about investing into btc. After it, there was a huge fall and I guess now it is not increasing but coming to its level that was before december.
|
|
|
|
shuvo999
Newbie
Offline
Activity: 112
Merit: 0
|
|
February 25, 2018, 04:26:34 AM |
|
the biggest demand for btc was in december where even a salesperson in the street was talking about investing into btc. After it, there was a huge fall and I guess now it is not increasing but coming to its level that was before december.
This is normal in crypto land for coins to increase and decrease hard and same is happening with bitcoin. Even still people are ready to invest into it because it is going to give investors a ride to moon in the ending months of 2018.
|
|
|
|
waynechong1995
Full Member
Offline
Activity: 644
Merit: 117
swing!
|
|
February 25, 2018, 04:41:35 AM |
|
Is true that their market is very dynamic and bullish, it's like when the trend is on its on. Status get over 1 billion trade volume simply on korean exchange one day and that's impressive. Still people are looking for quick buck and sell walls are just so much bigger than buys and price are collapsing and no sign of good recovery these days, maybe weeks after things are more sorted out among crypto buyers.
|
|
|
|
wuvdoll
Legendary
Offline
Activity: 1442
Merit: 1025
|
|
February 25, 2018, 05:55:51 AM |
|
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.
i guess what youre saying is happening again now mate.after stepping in $12,000 again dropping to almost $9,000 again ..these good news has not helping this days.maybe some fishy is happening in the market .for this movements not normal compared to other years Yeah, that is how to think most times when trading the market and which is why it is good to look for price actions. The market at $12000 hit a good resistance and also fell on the upper line of the downtrend channel, so it is always normal for it to retrace and then after finding another support, go back to hit the line again which if we can hit past it, that technically shows a switch to the upper trend. If we are to look at the rate the news about cryptocurrency in general is increasing and the level of awareness it is generating, it is obvious the future is very promising as we keep seeing demand growing a lot. We cannot even have complete stability but a time will come when we will obviously not be seeing some huge bearish move or bullish move in the market and just some major swings in the value.
|
|
|
|
iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
|
|
February 25, 2018, 06:07:19 AM |
|
the biggest demand for btc was in december where even a salesperson in the street was talking about investing into btc. After it, there was a huge fall and I guess now it is not increasing but coming to its level that was before december.
This is normal in crypto land for coins to increase and decrease hard and same is happening with bitcoin. Even still people are ready to invest into it because it is going to give investors a ride to moon in the ending months of 2018. Things like this are very frequent, a few months ago I also feel the same thing because the news about bitcoin is very rife happening. In addition decisions and regulations made by some countries became the determinant of Bitcoin's movement and development at that time. Until a very large decline occurs and we suffered many losses. But now Bitcoin prices have returned on a positive treck, Bitcoin demand has increased and the volume of transactions on various exchange has shown a remarkable improvement. Now could be the beginning of the rise of Bitcoin, stable price increases make the confidence of many people increasing and even now I do not hesitate to buy a lot of Bitcoin for my future investment. Remember this is happening not just for Bitcoin, but all digital currencies are experiencing an upward price trend. Our current task is to increase trust in all people and to the government that Bitcoin is a sector that must be supported because when we want to face a cautious future then Bitcoin is a solution in the global financial system.
|
|
|
|
xuv500
Member
Offline
Activity: 406
Merit: 11
|
|
February 25, 2018, 06:35:42 AM |
|
Crypto market increase is a good news but bit old news I think. The crypto market already started increasing couple of years before and you can see this from the number of altcoins in the market with their market cap. I can say that currently the crypto market is in a boom since more and more ICO's are coming in.
|
|
|
|
Boknoi321
Newbie
Offline
Activity: 119
Merit: 0
|
|
February 25, 2018, 08:08:14 AM |
|
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. If it's true this a very good news to everyone, those cryptocurrencies and investments will take places, that will make the investor to gain more. Just make sure in making any invesments it'll help you go through a good process with btc.
|
|
|
|
millgates
|
|
February 25, 2018, 10:47:12 AM |
|
Cryptocurrency currency business is about expanding community, when more people get involved by buy bitcoin then the price will be rise. Early holders will have the biggest advantage. I think it's not a pyramid sceme, the price increase naturally when the demand is increasing.
|
|
|
|
Jeffdu3300
Newbie
Offline
Activity: 30
Merit: 0
|
|
February 25, 2018, 12:50:14 PM |
|
Even the OP’s post is 7 days ago the volume of trade can be still reflected high considering that our current trend is sideways. During sideways anything can happen it’s either it will go down or going up. The next 5 days are critical days for us to discover where this current will go. It is good thing that one of the biggest crypto markets signifies high demand; it will help the crypto market to continue its rally to 12kUSD mark.
|
|
|
|
|