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beebee187
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June 12, 2018, 03:43:45 PM |
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I would have to say that it has been a rough stretch for crypto in general, but looking back over previous years it seems to always do this over the summer. I have a strong feeling that as fall approaches we will see the prices begin to rise again. Patience is key!
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fulmetal08larz
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June 12, 2018, 03:50:01 PM |
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Yes I think this period is weak, but, during this consolidation stage, smart money are discreetly buying in and bagging lots of coins including BTC while everyone is selling. They aim for long term and I think they are willing to hold it as long as corporations start to adapt in crypto world. Triple bottom pattern is forming which is a bullish reversal signal. Let us wait soon and hope the Gox curse will soon be lifted.
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adam1230
Legendary
 Offline
Activity: 1218
Merit: 1001
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June 12, 2018, 03:52:55 PM |
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2018 started weak and weakness continues on same tempo.
It will not go down from here for me but i think its not going higher levels from 8k for bitcoin too.
Its more likely a swing.
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Golftech
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June 12, 2018, 04:14:39 PM |
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2018 started weak and weakness continues on same tempo.
It will not go down from here for me but i think its not going higher levels from 8k for bitcoin too.
Its more likely a swing.
If we attain to just keep holding and make a good support then it wont fell anymore and chances to rise up is much possible but from what we are seeing right now, panic holders are dumping their coins because of this quick downfall, really affecting crypto value, we really can't stop this weak moment we need to be more patience and stop doing panic, hold and wait for the bounce back, much prefer to buy more while price still cheap. |
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MartiniBlanco
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June 12, 2018, 04:32:50 PM |
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Yes, we have a lot of weak hands into crypto right now, I think that the weak hands are the guys who bought their stuff near ATH or while bounce at the top of a bounce!  I will not sell, I will hold the whole bearseason!! |
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RaspoBTC
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June 12, 2018, 05:17:07 PM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
Yes, i agree. But it is good to clear the market. Useless coins and token go out (hopefully) and weak hands too (also hopefully). And then let the show begin. |
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lyons
Member
Offline
Activity: 294
Merit: 10
Vertex.Market, the World's First ICO Aftermarket
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June 12, 2018, 05:42:17 PM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
I don't know when did you join the crypto, but this time is not bad for all traders. In my opinion, this period is good for the traders who want to make buying, but of course, a bad term for the coin holders. I hope the prices will be much more better in a near future. |
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skorupi17
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June 12, 2018, 07:03:08 PM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
Maybe it is because you haven't been around for a long time. Me myself is around for more than a year now and in this particular period of the year, I can see bullish run but that's because of Japan's official acceptance of Bitcoin. We haven't heard anything with that much impact lately so the market is dependent on "normal" circumstance. Yes we are sluggish now but you haven't seen much. I witnessed the panic selling due to Bitcoin's hardfork and the drastic crash of Bitcoin's price just couple of months ago. This bearish market is more of "laying low" at the moment. |
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passwordnow
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June 12, 2018, 07:45:29 PM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
When did you joined crypto? If you'll go back the date few years ago there's also a period that crypto went too down at that moment. This isn't new for old timers, you just have to get used to it. |
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waaat?
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June 12, 2018, 07:46:55 PM |
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All I regret is I don't have enough money now to buy more and more. So sweet prices. I want all coins that I research already. And a few that don't research but I heard about it. It's rich period. Now time to buy because it'll make you rich
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Altcoins enthusiast
Member
Offline
Activity: 490
Merit: 17
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June 12, 2018, 08:25:59 PM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
I think the issue of trust is what is affecting cryptocurrencies now and something has to be done in other to put people faith back on cryptocurrencies. Many icos projects has scamming a lot of people and this creates fears in the mind of investors that is now affecting cryptocurrencies market. We should know that we need to build more confident on cryptocurrencies if price most go up. |
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poncik
Member
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Activity: 308
Merit: 10
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June 12, 2018, 11:10:08 PM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
It is obvious that the price is going lower now, but if the crypto traders can take the chance to make buying at low prices and don't panic sell, I think the market prices can reach better prices more sooner. |
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Blowon
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June 12, 2018, 11:29:01 PM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
When did you joined crypto? If you'll go back the date few years ago there's also a period that crypto went too down at that moment. This isn't new for old timers, you just have to get used to it. yes by looking at the data from several years ago we can know the price movement of each period, and with that data we can predict the possibility of increase in the same period. |
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ForHorde666
Jr. Member
Offline
Activity: 95
Merit: 3
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June 12, 2018, 11:34:11 PM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
My opinion is excellent, from the comrades who have already spoken. I think that the main reason of everything is - too big influx of people, investments and the fact that the cryptocurrency has become too interesting for people who want easy money. If there were not a huge number of failures, fraudulent schemes, there would be no attempts to control it from the states side. |
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Ciucas
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June 13, 2018, 03:39:48 AM |
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Obviously, it's a weak period if you compare it to 2017. At the end of the last year, very many people were claiming that 2018 will be the year of altcoins, and that the prices will continue to grow at the same rate. But the truth is that it's impossible to have the kind of growth like in 2017 forever, and this kind of period is normal after such a huge pump that we had in the previous year. This is all a cycle, and it will start to grow again eventually.
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Dragonrage201
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June 13, 2018, 03:52:28 AM |
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This correction is long in the tooth but it will end eventually. Bitcoin is getting near major support zone in low $6000s and is very oversold so we should see some bounce at least soon.
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y_stars
Newbie
Offline
Activity: 38
Merit: 0
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June 13, 2018, 03:54:52 AM |
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I don't know what your definition of sluggish is, but to much drama to describe the current crypto market as sluggish.
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ubitcoin
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June 13, 2018, 06:02:31 AM |
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Perhaps in 2017, most people who are interested in new Internet technologies have already entered into crypto. Now the influx of new people has decreased. In addition, the market does not show growth for six months. Crypto needs a new hype  I think yes and would not disagree to this. The current time is a bad time for the technology and this bad time can come to an end only if some factors like demand for the crypto rise or the stability of the coins increases which attracts potential investors due to which the prices of the crypto rise. But we are slowly and gradually moving toward the financial freedom and the market will soon be green. |
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john_nautica
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June 13, 2018, 06:04:26 AM |
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I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?
this is not the slowest period because some time ago there was the slowest period for crypto. so I think now it can be used as one of the rising stages of ethereum that is still running slowly and will continue to run to the highest position in some time to come. |
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IcoBale01
Newbie
Offline
Activity: 154
Merit: 0
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June 13, 2018, 06:29:37 AM |
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I can agree to you - this is a difficult period but that does not diminish my interest in the crypto . And i will continue to participate in projects/ico's All are expecting the price will increase by the end of this year. But no one predict the market price may be it happens or not. Lets wait and see the market growth with patience.
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