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Author Topic: The Crypto Apocalypse  (Read 209 times)
Harlot
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May 27, 2018, 02:27:57 PM
 #21

In my opinion you are also affected by the news and posts in social media about Cryptocurrency because the current down trend looks normal for me, and you don't need any kind of explanation for that. When the market is down you think that every news and FUD is affecting the prices to go down but if its on a up trend you think that good news are affecting it to go up, but the truth is when we are talking about cryptocurrency prices the only thing we can trust is their charts in which we can base our predictions on.

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May 27, 2018, 02:43:15 PM
 #22

I think that whoever gives out specifically has brought down Kriptorynok. The most optimistic guess is that it is due to the fact that whoever gives out wants to do well and to buy a lot, and to visit a very cheerful guess, it is that whoever gives out wants to "close" the market, as he, interferes with his interests.

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May 27, 2018, 08:16:45 PM
 #23

I doubt that there is a correlation between facebook's share prices, and bitcoin prices. Even though facebook has indeed banned crypto ads, it shouldn't result in such a massive and dramatic inverse correlation all of a sudden.

What we're seeing right now is merely a continuation of the bear market from the start of the year.

There was a pretty big rally last month that got people out and FOMO buying - but if you look at the long term cycle of bitcoin prices, there is still a long way to go before the recovery comes.

I would not call it an apocalypse at all, it's something that is expected as it is simply a part of the bear market that bitcoin goes through every so often. Plus, price has not been as volatile as the 2014 crash if you compare historical data.

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May 27, 2018, 09:50:55 PM
 #24

What is going on to the market? The prices had gone down sharply, especially Etherium at -12.47% and Bitcoin at -8.14% and there seems no stop to that decrease, as for now. Any idea what could have happened? Some news affected the rate, or maybe it's just the overall market mood. 

P.S. Maybe it has nothing to do with that, but Facebook shares grew quite a lot in the recent 48 hours.
There's been a worse red market not so long time ago, so relax. I think all the following year each time BTC will increase in price by 15-20% it will drop right away, because non-experienced holders, who invested in BTC when it was about 20k and were scared by what happened then in Jan-Feb 2018 will sell it.
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May 27, 2018, 10:02:16 PM
 #25

LOL at Facebook shares gaining--this is a company based on appropriating your personal data and enslaving millions of people in the social media trap and a company that will likely never pay a dividend.

As far as bitcoin goes, these are normal fluctuations although the drop from the ATH was pretty steep.  ETH is probably a screaming buy at this point, as are some of the bigger-name altcoins.  If only I had a few thousand dollars to play with.

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May 27, 2018, 10:15:47 PM
 #26

What is going on to the market? The prices had gone down sharply, especially Etherium at -12.47% and Bitcoin at -8.14% and there seems no stop to that decrease, as for now. Any idea what could have happened? Some news affected the rate, or maybe it's just the overall market mood. 

P.S. Maybe it has nothing to do with that, but Facebook shares grew quite a lot in the recent 48 hours.
It is usual in the market bro!
Don't be worried because market has always ups and downs. As of now, we should keep patience on holding our coins and buy some coins in the market. Apocalypse will not happen, if all of us will hold and buy coins in cryptocurrency market.
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May 27, 2018, 10:16:08 PM
 #27

I don't think, that it's apocalypse, this is only really bad momment for crypto. This month looks really bad. It's rather temporary and soon everything will be back to normal.

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May 27, 2018, 10:40:31 PM
 #28

I think it's natural, because indeed in the market conditions always show up and down the price, I agree with you, if the price continues to rise there may be no traders who buy, that there may be they will continue to sell. In my opinion, going up and down is a natural thing.
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May 27, 2018, 10:57:54 PM
 #29

all you have to do is to be patient. It happens almost every year and people want to dump their coins in order to collect many cheap coins. If you sell your coin, you will contribute to the dump and suffer a huge loss. You need to understand that cryptocurrency will soon become a part of our world. Therefore, we need to keep buying and holding



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May 27, 2018, 11:50:33 PM
 #30

The Apocalypse is quite a big word which the user has associated with crypto. Crypto Apocalypse will mean that everyone is running from crypto market and everything is destroyed people are running for their money and every currency is on the corner of getting destroyed. But luckily things like these have never taken place and probably will never take place considering the development of new coins and acceptance by various companies it shows the bright future rather than the Apocalypse of crypto.

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May 28, 2018, 01:21:57 AM
 #31

Bitcoin and other alts losing ~10% is not a huge problem that would cause chaos. If you check the price chart of Bitcoin you'll see that there's more bigger dips than what we are experiencing now. The only reason you're saying this is because you're still new and haven't seen the price lose more than this. This is just the start if this is the first time you've seen crypto having bad days and prepare for more of these so you won't over react next time. 



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xiwanfd
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May 28, 2018, 01:26:48 AM
 #32

I think this is a harbinger of market growth, because prices have been depressed for a long time, and we are tired of falling.

We must deal with the market calmly. I think it is a good time to increase our position.
Hydrogen
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May 31, 2018, 01:57:35 AM
 #33

The media appears to have an unlimited supply of "news stories" to depress the value of btc and crypto currencies everytime the price begins to appreciate in value. Some say bitcoin is banned in china and india. Others say bitcoin is not banned in those places. I'm not 100% certain if bitcoin is banned in either of those places, but I do know news of it being "banned" is likely to push the value of bitcoin down.

One of the recent declines came after news of india "banning" bitcoin.

Perhaps the media is the largest opposition to bitcoin's price appreciating as expected. We have a wrestling match between journalists and btc. Hopefully as time passes people will catch on to how the media is one of the biggest causes of market manipulation and negative news sentiment will have a reduced effect.

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May 31, 2018, 02:09:35 AM
 #34

Apocalypse? Well, Bitcoin is moving around 7-9K for a while now, decreasing on the last days yes but nothing new in terms of volatility of the crypto market.



MARKET IS VOLATILE, anything can happened at any given time, patient is the key in this kind of market movement, if you look back this was already in the market preview on crypto market movement on the treed, Bitcoin was hit by a lot of issues like BANNED,SCAMMER, and NOW issues on REGULATION by the government who are looking into the current entry of crypto into the business community, all of this information affect the level of confidence of the investors, the lesser investment could result to either drops in the market price Bitcoin, but i am optimistic that market will correct itself soon. fundamental of Bitcoin is Still strong.this just a market movement at this time.Lets be patient.

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zhanghoqi5
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May 31, 2018, 02:42:21 AM
 #35

What is going on to the market? The prices had gone down sharply, especially Etherium at -12.47% and Bitcoin at -8.14% and there seems no stop to that decrease, as for now. Any idea what could have happened? Some news affected the rate, or maybe it's just the overall market mood. 

P.S. Maybe it has nothing to do with that, but Facebook shares grew quite a lot in the recent 48 hours.

The continuous decline of the market has made me feel worse.

We all know that cryptocurrencies are volatile and I think the cryptography market will soon reverse the upward trend.
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May 31, 2018, 04:03:49 AM
 #36

Well in my opinion this market situation the price are  decrease and increase it's a normal for me, we know that all crypto are volatile specially the bitcoin price. We  have nothing to do on what's happening in the market, don't worry about what happened if it's falling, I'm sure it will rise again. Just relax and wait, we will see what will be happen, just think of it as an opportunity.

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patarfweefwee
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May 31, 2018, 04:33:51 AM
 #37

My opinion? It may take a whole for everything to stabilize. I mean we took a huge hit on the first quarter. The second quarter we will see dios and raises here and there until it stablizes by the third quarter and really break records by the last quarter. I mean we don't have to worry. We've seen much bigger dips than this

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May 31, 2018, 04:48:45 AM
 #38

True, the market really looms bloody as heck today. But then again, i kinda expected this after the hit the crypto currencies took this early on the year. I really think that we can still recover by the 3rs quarter and really boost everything b ythe end of the year. Just HOLD on to your portfolio. Or if you want, since the market is down, buy more to strengthen your holdings.

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June 29, 2018, 11:32:09 PM
 #39

There are practically no fundamental factors that have so strongly affected the price of the cryptocurrency. The current situation in the world of cryptocurrencies is probably only a temporary phenomenon, after which we will return to growth.
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June 30, 2018, 01:45:16 AM
 #40

Yes everything in crypto is on downtrend as of now.We dont know when it will rise up again but theres no crypto apocalypse thingy.Its just in this days its not in good status but surely it will be back and rise up more than what we are expected.Lets be positive in all things so that we can hold ourself not to do actions that might affect our decisions and can cause regrets in the end.
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