West0813
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June 17, 2018, 12:21:43 PM |
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Noone knows how long the market will fall. Lets hope that this drop will end soon. And no bad news will come out that may affect the rise of bitcoin in the coming months.
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Prodigye
Newbie
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Activity: 294
Merit: 0
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June 17, 2018, 12:33:47 PM |
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Causes: whale manipulation, speculation, futures contract expiring, bad news coverage. May last a little longer but don't worry, it will likely recover like it has with every other downtrend.
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Alex077
Legendary
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Activity: 3836
Merit: 1209
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June 17, 2018, 12:47:17 PM |
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Until when the market falls like this, I see the more the day falling and flushing. What's the cause of all this, please explain to me friends!
I think the downtrend will continue until September until large amounts of money will come into the cryptocurrencies. Now trading volumes are very small, deals are few, interest in cryptocurrencies is reducing and accordingly the altcoins prices and capitalization of the entire market are declining.
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Mt. Dempo
Jr. Member
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Activity: 294
Merit: 1
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June 17, 2018, 01:03:41 PM |
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the current market situation is very complicated.
there are many ico scam and investors screaming losses. some exchanges experience hacking. the SEC's statements are great and convinced that the crypto market has been manipulated.
what next? successive incidents and the downward trend is not over.
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jc89
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June 17, 2018, 01:57:58 PM |
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Until when the market falls like this, I see the more the day falling and flushing. What's the cause of all this, please explain to me friends!
No one could really say when will this bearish market end and be on a bull market. This market has always been unpredictable and it will stay as it is. Being in the bear market gives enough information why we are experiencing this consecutive drops. The market and the community reacts accordingly that's why only a few wants to pump the market. Nothing significant reason for this, it's just a normal event.
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Phat Buzz Tart
Member
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Activity: 308
Merit: 10
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June 17, 2018, 02:26:05 PM |
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Just wait, we will reach Everest soon Maybe few months of this bad market situation and then all will go to the moon, sir.
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Domenc
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June 17, 2018, 02:31:36 PM |
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Until when the market falls like this, I see the more the day falling and flushing. What's the cause of all this, please explain to me friends!
Not many predicted this downfall and not many are sure about when it is going to end. The market has taken the prices by storm but only for bad. The main cause of all this according to me is the people. The panic sells has a huge influence on the market. When bitcoin gets hugely sold off by people, other alt coins suffers with it as well. I hope it ends and the market is green again.
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wildflower18
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June 17, 2018, 02:54:17 PM |
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As I always my point of view no one can gives definite answer. We do not know yet when will be the market fall like this. Many speculation this year of btc will might grow so hopefully we can see the big changes of bitcoin price to increase.
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kingzpro
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Activity: 756
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DIFX - Digital Finacial Exchange
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June 17, 2018, 03:38:05 PM |
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Market has bottomed out according to most of the social media mentors and i feel the same, its just a consolidation period that may last few weeks and then we will see clear signs of bull trend back in the market, just wait and see.
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abokhalel2
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Activity: 233
Merit: 10
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June 17, 2018, 04:00:22 PM |
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I think that it will remain like this for a long time, at least, for a few months more until we can see a new bullrun, but it will take some time and it wont be anytime soon.
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ariyzt
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June 17, 2018, 05:02:11 PM |
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i have no idea but since last news about korean exchange that got hacked this price getting bad all the price keep down following bitcoin price but market usually get their best price at the end of year let see what market can do at the end of this year
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bitgov
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June 17, 2018, 05:02:22 PM |
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You need to be patient cause this down can't last forever for me, it will take of course some time to recover to level that we know from past year but it is not impossible for it to do that.
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btcyoda
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Activity: 644
Merit: 10
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June 17, 2018, 05:12:44 PM |
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See nobody don't know when market start recovering because most of people guessing on the basis of experience they have but we have seen many ups and downs in the market. Same time we have to move according to the market.
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jlpabilonia
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Activity: 308
Merit: 10
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June 17, 2018, 05:17:51 PM |
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this is natural in crypto world.. sometimes its falling and sometimes pump up.. that is how crypto world goes.. don't worry if this time all coins in dump.. it will not last longer, it will not stay for long. just wait a few weeks and you will see that coins will pump..
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reynilynedago
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June 17, 2018, 05:24:58 PM |
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We cannot say about exactly till when the market will be falling like this because the market is highly volatile and its fluctuations are at a rapid pace so saying strongly about the time we can only predict and maybe for like next 2-3 months next the market will be like this After that, we are hoping for the good rise in the market price which can surely save us from the debt We can't say the market will be growing dreadly high but a small percentage of increase will surely be there So till then you can wait and have the patience for a year or so and then enjoy the market Till then learn the market or u can invest here at the lowest rates
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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June 17, 2018, 05:27:36 PM |
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Causes: whale manipulation, speculation, futures contract expiring, bad news coverage. May last a little longer but don't worry, it will likely recover like it has with every other downtrend.
Then again, all these reasons have been given after the fact. I think it's time most people realize here that Bitcoin can and will move in any direction it chooses, regardless of what developments are going on behind the scene. I do personally believe price is being manipulated by exchanges, and then we just fill in the blacks on why. Trust me, when the bulls return (yes, when), we'll be surrounded by the same FUD but headlines will ignore them.
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rizkyhiw
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Activity: 1484
Merit: 1004
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June 17, 2018, 05:32:11 PM |
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Until when the market falls like this, I see the more the day falling and flushing. What's the cause of all this, please explain to me friends!
the fall in prices is due to the whales that continue to suck bitcoin prices, it becomes their trick to take advantage of bitcoin and small investors. I think it will be over soon and the market will be back to normal. all the small investors have been waiting for the bull market to come.
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kicauklaten
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June 17, 2018, 06:58:39 PM |
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until when will the downturn occurred naturally there will be no one knows for sure. the obvious while it is being in a position to buy then just cheap and this would be an advantage. Although he did make a concerned because there has never been a rise, however, but of course time to rise in itself will surely arrive at any time because of crypto himself has also started having lots of support and deserve to experience price increases.
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oseikuf44
Member
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Activity: 490
Merit: 10
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June 17, 2018, 07:10:46 PM |
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Looking at the cycle of most coins, both altcoins and bitcoins I see this is not something new to happen in the market. At normal circumstance, when the market goes down for long time like the market is currently experiencing, then it means a bullish trend will be forming soon.
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JustBetweenUs
Member
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Activity: 290
Merit: 28
bitcoin is not a bubble, it is the pin
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June 17, 2018, 07:17:58 PM |
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Until when the market falls like this, I see the more the day falling and flushing. What's the cause of all this, please explain to me friends!
I think the downtrend will continue until September until large amounts of money will come into the cryptocurrencies. Now trading volumes are very small, deals are few, interest in cryptocurrencies is reducing and accordingly the altcoins prices and capitalization of the entire market are declining. What is going on in September that makes you think new money will flood into the market? I think before the big guys get in there needs to be some more clarity around regulations
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