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Mrbee
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July 06, 2018, 04:59:55 PM |
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It all comes down to your trust and faith in cryptocurrency, also the usage of it in the world. To be honest, we don`t use crypto currency that much, it is just a bubble to make money for those who have shared of any particular crypto, so no wonder it dipped again.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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whaawh
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July 06, 2018, 06:29:46 PM |
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It all comes down to your trust and faith in cryptocurrency, also the usage of it in the world. To be honest, we don`t use crypto currency that much, it is just a bubble to make money for those who have shared of any particular crypto, so no wonder it dipped again.
It seems to me that the current state of the crypto-currency market can save only one situation is the increased demand for Bitcoin. In any case, demand may rise due to mass purchase of Bitcoin or if bitcoin will be used as a payment instrument. |
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austinsku
Member
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Activity: 168
Merit: 10
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July 06, 2018, 09:01:13 PM |
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In any process of investment and in any market, ups and downs are possible - why panic? You need a little patience and keep your head cold.
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BruceJu
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Activity: 378
Merit: 10
Fast, Smart, Trustworthy
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July 07, 2018, 09:38:51 AM |
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I don't think so. I think that the cryptocurrency market has reached the bottom and will start to rise slowly. You don't have to worry. You just need to wait patiently for the market to rise. Now the big collapse is over.
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Marvell1
Legendary
Offline
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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July 07, 2018, 04:26:35 PM |
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I'm very surprised that you saw the market fall only on June 22, 2018. After all, the market has been falling for several months)). Some people have even stopped panic about it and you are just starting out. I recommend that you to be calm, because the fall will end soon.
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jamesashmore1964 (OP)
Jr. Member
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Activity: 336
Merit: 3
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July 07, 2018, 04:39:43 PM |
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I'm very surprised that you saw the market fall only on June 22, 2018. After all, the market has been falling for several months)). Some people have even stopped panic about it and you are just starting out. I recommend that you to be calm, because the fall will end soon.
I agree |
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austinsku
Member
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Activity: 168
Merit: 10
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July 07, 2018, 07:05:56 PM |
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Stop panic. There is no signs about this at any normal source - crypto is strong. Jut need to wait a little and buy more while the price is so nice))
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rreeve
Newbie
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Activity: 15
Merit: 0
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July 07, 2018, 08:00:20 PM |
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there is NO FATE for a market like this.
If bears take control of a certain Company, and try to destroy it, some automated operations act to take out of the market that value and try to save it. But, here, bears have total control.
In this market, it's better , far better to be a bear than a bull. Bears are very short-term bulls. Bulls want to win money in the long run. Bears wanto to win money right now.
it works like this.
You buy coins, huge amount. The market thinks there is demand because of that. People begin buying and stablishing stop losses operations. When bears see they've won from 3-5% they sell all and drop the coin. Then automated stop losses jump another time, so the price goes down another time. Time when bears will by another time and repeat this operation.
They win money? they can sell at whatever price with profit. If bulls begin buying, better for them. They know exactly this: THIS MARKET IS A BUBBLE AND THE MORE YOU THINK EVERYTHING HERE IS VALUABLE, THE LEAST THEY CONSIDER THAT.
Bulls will not sell in a bullrun. Bears will. Because they know this assets are not as valuable as people think. In the worst case scenario where they sell with 5% and coin still going up, they can also buy another time reverting for bulls until next 5% and sell.
BTW. This market will never recover. December 2017 was due to a HUGE MANIPULATION IN PRICES. The hype is not here and it will not come. Many people are buying more coins. They are building their way to hell.
The markets can be so frustrating when you see the above going on. If only sellers gave the green a chance. An interesting example of the above I witnessed on Monday was the EOS ram market. It uses the Bancor algorithm to determine price according to the % of ram that remains. The speculators were determining the market value of ram in this brand new marketplace. What happened was very interesting... everyone realised they were trading against an algorithm which meant that everyone would make more money if they just held. This is exactly what happened for about 24hrs, everyone was buying and holding and the price continued to increase until ram consumption was 90%. However, as word spread of this mooning marketplace people came in and started trading normally. Buying the dips and selling the highs. This killed the potential for everyone and the price tanked again. Basically, self-interest killed profits for all even though they would have earned more if they just held. It was interesting to watch. |
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smoolae
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July 07, 2018, 08:04:00 PM |
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To be honest, it almost seems like the situation has stabilized for now. The total marketcap is holding around 250-260bn and BTC is holding 6k+ usd. As long as we stay on those levels we are Ok but if we fall, we fall hard.
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TurkiyePriest
Full Member
Offline
Activity: 1011
Merit: 128
Radix-The Decentralized Finance Protocol
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July 07, 2018, 08:43:26 PM |
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Every year it's a bull period. This year has not happened yet. I think it will be at the end of the year
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Cremmsto
Newbie
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Activity: 100
Merit: 0
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July 08, 2018, 01:37:01 PM |
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I see no reason for this conclusion . no need to worry this is usually a market decline . after some time, everything will come to normal
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voztata
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July 09, 2018, 06:15:12 AM |
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I think that soon the market will recover, not its fall. For several days we see a green market and this gives hope that the crypto currency will survive.
In my opinion, the start of July has changed the market situation and the price of Bitcoin rose actually in few hours. This rise in the values of the coin has actually attracted the potential investors to invest further. Right now the price is $6,571 which recovered from the $5,800 a jump of $7000 or more. This makes me believe the journey to the recover has started and the boom is soon expected. |
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asriloni
Legendary
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Activity: 3010
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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July 09, 2018, 07:35:13 AM |
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It all comes down to your trust and faith in cryptocurrency, also the usage of it in the world. To be honest, we don`t use crypto currency that much, it is just a bubble to make money for those who have shared of any particular crypto, so no wonder it dipped again.
It seems to me that the current state of the crypto-currency market can save only one situation is the increased demand for Bitcoin. In any case, demand may rise due to mass purchase of Bitcoin or if bitcoin will be used as a payment instrument. The majority of people are using bitcointo store their value. last year we have seen how the new comers are rushing the crypto and with help of tether and the bitcoin can be pumped almost 20k just in some months after Q3 of last year. We can determine how much the demand for bitcoin through the bitcoin daily trade volume and there is no a lot of increase on it. |
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King Koy
Newbie
Offline
Activity: 160
Merit: 0
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July 09, 2018, 07:42:34 AM |
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If bitcoin will smash $7k soon this will be a strong support of itself in the market for making another step into higher than that price.
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percent
Jr. Member
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Activity: 97
Merit: 3
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July 09, 2018, 10:41:22 AM |
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Lol, the fact that the thread was started with a doom laden title but the post itself was then optimistic neatly shows what sort of a market we are in when emotions and sentiment can completely change in seconds.
Yes we are going to have a bounce and go up, but for how long? No one knows. Plan your risk strategy accordingly.
Good luck!
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✅[PoS]✅[Masternodes]✈✈✈[weekly Airdrop]✈✈✈ |
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alexv10av
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Activity: 504
Merit: 10
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July 09, 2018, 11:59:49 AM |
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I would refrain from hasty conclusions, on the whole the situation looks like such that the price can still fall below $ 6000
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jamesashmore1964 (OP)
Jr. Member
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Activity: 336
Merit: 3
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July 09, 2018, 12:22:14 PM |
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I would refrain from hasty conclusions, on the whole the situation looks like such that the price can still fall below $ 6000
I can’t see it! There is big money backing the Bulls bright ass! Go short and pay the price! Put your money where your mouth is! |
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nairb131
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July 09, 2018, 12:28:46 PM |
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For me, I do not think the big market crash has started or will even start anytime soon in crypto, though the price is down now but I believe it will recover soon and the price of coin will begin to rise again, let all all relax and hold patiently till the bull begin.
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eekkaa
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July 09, 2018, 01:40:16 PM |
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yes you are right now the market conditions are not good and make a lot of people suffered losses due to stuck in high prices should you be careful for trading as it is today because it is very vulnerable to fall in price and the situation is not good for trading.
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sudah_wisuda
Newbie
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Activity: 140
Merit: 0
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July 09, 2018, 01:56:16 PM |
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personally, I think if many are short-lived or Many likes and grief. So tired people say that Bitcoin has fallen. Crypto is volatile and for a while will always have price fluctuations. So When you look at the one year chart you can see that Bitcoin represents a stable growth.
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