nl247
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July 30, 2018, 12:05:45 PM |
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I do not like to give forecasts, but I think that this price drop can last several years, as in 2013, we'll see...
Most times during downtrends, there is always that psychological effect it ends up playing on some investors which makes them to bail out from the market when they just see the market showing signs on more downtrend and that is when we always hear the doomsday death scenario and the idea of that lasting for some months or years could suffice. Nevertheless, I still want to hope that a lot has changed from the past years with reference made to 2013 by you, to present condition of the market and with that, we may not actually see the same long years of consolidation play out and if it does, well, we just have to accept things the way they come and use it really for what it is, which I believe with some patience will always turn out well when the bull kicks back in, because, they surely will.
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iv4n
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July 30, 2018, 01:25:01 PM |
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I do not like to give forecasts, but I think that this price drop can last several years, as in 2013, we'll see...
Most times during downtrends, there is always that psychological effect it ends up playing on some investors which makes them to bail out from the market when they just see the market showing signs on more downtrend and that is when we always hear the doomsday death scenario and the idea of that lasting for some months or years could suffice. Nevertheless, I still want to hope that a lot has changed from the past years with reference made to 2013 by you, to present condition of the market and with that, we may not actually see the same long years of consolidation play out and if it does, well, we just have to accept things the way they come and use it really for what it is, which I believe with some patience will always turn out well when the bull kicks back in, because, they surely will. In past few years, and I'm here for years, so many things happened. I always point out how much crypto community is bigger, we are growing every year, and that grow seems to be unstoppable. What is more important then that? Man power, and there is more and more of us who support crypto with everything we got. Most downtrends people complain, when its rising people are in fever. Don't judge about crypto with emotions, it's technology on global market and there isn't space for emotions, hard work and knowledge have much Kore weight. People talk about recover, but actually we have great price at the moment, and fluctuations that have couple thousands range, it's good for people who like to risk, it's good for people who bought years ago, now this new millionaires invest more in technology. Everything is still working with full power and great times are ahead of us.
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richmcrich
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August 01, 2018, 07:51:23 AM |
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Yes market down in month of july but now still stable.don't worry crypto markets always grow.
Not really. A drop in the value of only one coin in July market cannot be regarded as a drop in the market. Market runs down only when the coin looses its stability or the demand for a particular coin decreases. Since the drop in the value of Bitcoin was recovered shortly after the fall was witnessed, we can say that the rising trend is more accelerated than the down trend. Moreover, the future of the crypto looks way too good because of the ever increasing demand.
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okala
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August 01, 2018, 09:36:50 AM |
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hy all What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.
The price of bitcoin is been control by many factors and of a truth we should learn to be used to how the market behave by now. When the demand for bitcoin is increasing we should always expect that price will increase and when it is decreasing will should also expect it to decrease.
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kumala_abi
Sr. Member
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GoMeat - Digitalizing Meat Stores - ICO
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August 01, 2018, 10:11:26 AM |
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hy all What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.
The price of bitcoin is been control by many factors and of a truth we should learn to be used to how the market behave by now. When the demand for bitcoin is increasing we should always expect that price will increase and when it is decreasing will should also expect it to decrease. we need to make demand higher than before.and money flow into cryptomarket increase sharply.and most of them used to buy bitcoin.if this can happen i am sure bitcoin price will soar again.
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Bezobraznike
Sr. Member
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★Bitvest.io★ Play Plinko or Invest!
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August 01, 2018, 10:17:02 AM |
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hy all What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.
The price of bitcoin is been control by many factors and of a truth we should learn to be used to how the market behave by now. When the demand for bitcoin is increasing we should always expect that price will increase and when it is decreasing will should also expect it to decrease. What do you think who gave merits to creator of this thread? Is it possible that someone merited something like this? If you give it a thought you will understand how many stupid people there are. Now you see how big support this stupid people have. That`s why we have price drops, cause to many stupid people doing stupid things. They buy when they need to sell, they sell when they need to buy. But all of them blame crypto- currencies for their mistakes.
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juragane
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CAT.EX Exchange
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August 01, 2018, 11:08:49 AM |
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I think it's very normal because at this time there is still no good news that can trigger a rise in price of bitcoin and cryptocurrency in the exchange, when it is there it will be very easy to ride.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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August 02, 2018, 06:56:02 AM |
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Yes market down in month of july but now still stable.don't worry crypto markets always grow.
Not really. A drop in the value of only one coin in July market cannot be regarded as a drop in the market. Market runs down only when the coin looses its stability or the demand for a particular coin decreases. Since the drop in the value of Bitcoin was recovered shortly after the fall was witnessed, we can say that the rising trend is more accelerated than the down trend. Moreover, the future of the crypto looks way too good because of the ever increasing demand. I am not sure what caused it tho. I think the price is recovering a bit like you said and we can't just call it a return to bear market however we don't know what caused the drop at all. Hence we can't be sure what will happen next without knowing what happened before. If the price goes down once again and than goes to $6k or what not we will just stay and watch like its some sort of horror movie. We need to figure out what causes this incredible drops so we can actually stop these from happening. We need to figure out who sells coins for what reason when these happens to actually participate before hand and get ready for these downs. However causes these sudden drops they do manage to keep it a secret for a good long time.
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nidacoinlove
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August 02, 2018, 07:23:39 AM |
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Yes market down in month of july but now still stable.don't worry crypto markets always grow.
Not really. A drop in the value of only one coin in July market cannot be regarded as a drop in the market. Market runs down only when the coin looses its stability or the demand for a particular coin decreases. Since the drop in the value of Bitcoin was recovered shortly after the fall was witnessed, we can say that the rising trend is more accelerated than the down trend. Moreover, the future of the crypto looks way too good because of the ever increasing demand. I am not sure what caused it tho. I think the price is recovering a bit like you said and we can't just call it a return to bear market however we don't know what caused the drop at all. Hence we can't be sure what will happen next without knowing what happened before. If the price goes down once again and than goes to $6k or what not we will just stay and watch like its some sort of horror movie. We need to figure out what causes this incredible drops so we can actually stop these from happening. We need to figure out who sells coins for what reason when these happens to actually participate before hand and get ready for these downs. However causes these sudden drops they do manage to keep it a secret for a good long time. We can't stop it bro. We are small fishes we can't do anything else then watching what's going around. Those who are manipulating the prices are super powerful. It's a battle between all these old whales and the newly entered institutions. It's a fight for the power between them and Bitcoin is vulnerable to these people. The existing whales are trying to push these organisations and institutions to hold their monopoly in the system. Note: above is my personal opinion, there may be some other reasons for the price to go downwards.
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b3j0
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August 02, 2018, 11:11:43 AM |
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a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.
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BartS
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August 02, 2018, 07:14:06 PM |
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hy all What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.
There is nothing to solve, a low price is not always a sign that something is wrong, many people are incredibly upset by what it is happening but they were not upset when the price of bitcoin touched 19k despite the fact that was clearly a distortion in the price of bitcoin and that it was going to be impossible to maintain it, your only option is to wait until things get better, I know that is not the most comfortable thing to do but it is the only way to make money with a low risk.
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Rapidgator
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August 02, 2018, 07:40:03 PM |
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We can't go up and up and up without a major or minor correction. That was expected to many people especially traders. But look at the positives now we have got more power to go up in price action.
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quichiship
Newbie
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August 06, 2018, 07:47:12 AM |
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a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.
Yes it was not expecting from the bitcoin price, that it will again come back to that level, but I think that now bitcoin is getting a good support from the investors and therefore bitcoin price is not going stay at that level for a long time. I hope that very soon it will again start increasing and will reach to 10000$ very soon.
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ronafurw
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August 06, 2018, 10:41:04 AM |
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I think it's very normal because at this time there is still no good news that can trigger a rise in price of bitcoin and cryptocurrency in the exchange, when it is there it will be very easy to ride.
Market of Bitcoin has run down and we have seen that Ethereum has also dropped from 420 to 418 US dollar so this is in benefit if we buy a lot in their low markets and wait for it to go high because these two coins have a lot o potential to achieve any highest possible value. Now Litecoin has increased by few points which are also good if someone has in large quantity then he is in benefit but that is not too much benefit as much you can make here in Bitcoin’s investment.
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tosmartak
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August 06, 2018, 10:44:06 AM |
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hy all What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.
Correction! That is what is happening. Also, we are still in a bear trend, and I expect that most people should know that better by now that there is really nothing to be getting oneself worked up knowing how volatile the market can be. However, the altcoins are actually beginning to give some upward boost which looks to me like a good sign if they actually get to bring about some good impression for smart money to kick in and then possible FOMO from them. At least, that would be a chance to increase one's btc portfolio.
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gabmen
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August 06, 2018, 11:46:35 AM |
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a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.
Yes it was not expecting from the bitcoin price, that it will again come back to that level, but I think that now bitcoin is getting a good support from the investors and therefore bitcoin price is not going stay at that level for a long time. I hope that very soon it will again start increasing and will reach to 10000$ very soon. Well that's why we should all be able to determine a bull run from a normal rise so we can properly manage our expectations. A single fud or a news that looks negative enough can and will trigger a correction.
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Soots
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August 06, 2018, 01:02:53 PM |
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a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.
Yes it was not expecting from the bitcoin price, that it will again come back to that level, but I think that now bitcoin is getting a good support from the investors and therefore bitcoin price is not going stay at that level for a long time. I hope that very soon it will again start increasing and will reach to 10000$ very soon. Well that's why we should all be able to determine a bull run from a normal rise so we can properly manage our expectations. A single fud or a news that looks negative enough can and will trigger a correction. Indeed, this correction would create an opportunity that could help everybody to survive despite of the current challenges we've been going through. We should be able to determime the right time for when we will sell our coins, and learning can be a definite choice to have right now. Those fud and fake news isn't the reasons why it happened but most certain was our trust and faith at all.
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calya
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August 06, 2018, 01:18:39 PM |
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a few days ago bitcoin price increased and reached the price of $ 8500, but now the price of bitcoin back down to the price of $ 7600. this situation deceived many people.
it is normal price moves up and down.after rise from around $6000 , and reach $8500 now bitcoin down again to $7000. many chartis said this is just a correction.dont worry about it.
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tikanurqaidah
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August 06, 2018, 01:44:24 PM |
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I think this digital currency has no fundamental value. also due to increasing investor concerns about tightening regulations, banning cryptocurrency ads on social media and some banks that prohibit the use of credit cards to buy Bitcoin Cs.
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abstractednerve
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August 06, 2018, 02:27:35 PM |
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hy all What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.
the most important price fluctuations were due to the volatility of the use of the crypto market, a few days ago the increase in bitcoin prices occurred and it turned out that it only lasted for a while and in the end the price dropped again. The decline in bitcoin prices was triggered by a massive sell-off due to the many bad news that later hit the cryptocurrency industry.
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