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Author Topic: Cryptocurrency is becoming more popular, and the market is lower  (Read 89 times)
Mr.Freeman (OP)
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April 03, 2018, 06:49:27 PM
 #1

Why, as the popularity of cryptocurrency is increasing all over the world, does the market fall? Should be the other way around.
Everyone comes to the market with BTC or Eth. They just have to grow.

trudovik
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April 03, 2018, 06:51:15 PM
 #2

The situation today is actually very strange, because the market today is in a bearish trend, probably this fate has been waiting for us for a very long time, especially after that terrible rise, if you remember it.
bttmember
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AMEPAY


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April 03, 2018, 06:57:42 PM
 #3

You are right but at the moment market is manipulated by whales who want to buy cheaper and cheaper, the market will definitely skyrocket in coming months, just need to stay positive and hold now.

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April 03, 2018, 07:00:15 PM
 #4

Well, the market did go the other way around for a very long time. Almost the entire year in 2017 crypto was going up and up in price. But what people buy, people also sell.

And with all the hundreds of tokens coming out, people HAD to buy them, or invest in their ICOs. This was done with big coins like ETH and BTC. So, it makes sense that those coins eventually lost "value" as people were essentially selling them to get ERC20 tokens.

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April 03, 2018, 07:03:05 PM
 #5

Sometimes there are any activities which push down the market. Unfortunately we cannot predict abnormal market trends.
Mr.Freeman (OP)
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April 03, 2018, 07:05:32 PM
 #6

Well, the market did go the other way around for a very long time. Almost the entire year in 2017 crypto was going up and up in price. But what people buy, people also sell.

And with all the hundreds of tokens coming out, people HAD to buy them, or invest in their ICOs. This was done with big coins like ETH and BTC. So, it makes sense that those coins eventually lost "value" as people were essentially selling them to get ERC20 tokens.

In other words, one of their options to stop the market decline, you need to stop the emergence of new altcoins?

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April 03, 2018, 07:05:50 PM
 #7

I believe that cryptos popularity is raising day after day, regardless of the market state.
Current situation is very good for a lot of people who did not join in 2017 and want to do it now.

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April 03, 2018, 07:19:50 PM
Merited by Mr.Freeman (2)
 #8

The market is growing, but not in height, but in width: the number of altcoins is increasing. Yes, if you stop the growth in width, the growth will begin in height. I think so.
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April 03, 2018, 07:21:47 PM
 #9

To understand why the market had a correction or fall in your language, you need to understand about how market cycles work.I'll give you a brief info- in stealth phase(when only a handful of people know about the share) the big investors get in, and when the stock is being televised and marketed rigorously they start dumping all their shares on general public. Remember bitcoin went mainstream all the way upto 20k and whales were distributing at that time. It will rise again, just have to wait for this cycle to complete its course.  

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April 03, 2018, 07:33:32 PM
 #10

Well, forever growth may not be growth is always accompanied by UPS and downs,and especially now that whales and many big guys go in,and vitrasius from crapy people to purchase at the lowest prices and sweet,so of course they will do everything to lower the price,fake news, PR,and so on,if you have a brain you will realize that the crypt is the future

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April 03, 2018, 08:49:08 PM
 #11

Because those market manipulators are taking advantage the situation these people are going to give shit all the time when they are going to dump the whole market after they have sold most of the coins they are holding,then rebuyback from the bottom so that they can maximize the potential market gains thru those pumps and dumps.

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April 03, 2018, 08:53:07 PM
 #12

popularity for cryptocurrency came because of NEWS channels they have published daily about bitcoin prices so popularity increase overnight market will recover soon
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