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jouns
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August 06, 2018, 09:39:33 AM |
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Look at the total capitalization of the market, it is the same as a year ago, there is no new money, and there is no growth, that's the whole problem.
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RoftheN
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August 06, 2018, 12:01:16 PM |
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Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!
All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.
People are still dumping coins, it might sound hard to believe but that is how people are, the coins are going to keep dumping for a long time before people finally decide to get their act together and stop selling. There is a lot of money leaving the market, if you look at the entire market cap you will see that the market has lost billions in the last couple of weeks. |
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kworrom
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August 06, 2018, 12:02:58 PM |
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The last week was very sad for us. the market lost almost 40 billion dollars due to correction. And bitcoin meanwhile again to 7000...  |
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owlman
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August 06, 2018, 12:14:58 PM |
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Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!
All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.
In this situation, it is difficult to guess how events will develop, but most likely they hope for an improvement in the situation this month is not exactly worth it, since often this time of year is not favorable for business and trade in all markets, including crypto-currency. |
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ROB18
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August 06, 2018, 12:16:16 PM |
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I think big factor on this RED market is the news about BTC ETF that was denied by US SEC. But I'm sure bitcoin and the crypto market in general will again see the green lights. Crypto market is a roller coaster ride usually during last quarter and 1st quarter of the year, bitcoin and alts is on the upper part of the coaster rail. Let's wait and see.  |
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Striker17
Member
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Activity: 392
Merit: 10
0x860FA3F15AcDFC7c7B379085EaC466645285237d
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August 06, 2018, 12:24:46 PM |
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It is normal situation when market goes dump and down again, remember that cryptocurrency are volatile meaning its value sometimes goes up and down. So in these situation, the best thing to do is hold what coins you have, need patience and time and don't lose hope.
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AIGO Adoption Blockchain e-Commerce to World |
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lutcor
Jr. Member
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Activity: 448
Merit: 1
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August 06, 2018, 12:27:10 PM |
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Many traders said that the growth will not begin soon and we will start moving down again, but sooner or later we will start moving upwards, the main thing is not to lose faith, but it already leaves many people.
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Mianae
Member
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Activity: 798
Merit: 14
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August 06, 2018, 12:29:18 PM |
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Is market correction, everything will still go back up with time let us all be hopeful. If the bulls will come, the time is about right no one should lose hope its all for a little while longer and we can smile again.
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Putritya
Newbie
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Activity: 5
Merit: 0
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August 06, 2018, 12:34:29 PM |
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Yes, people are afraid of a market that has decreased in price and red again. But it has been proven that market prices will certainly experience a decline and increase. So, as much as possible we can overcome it all without needing to panic and wait for the market price to return to good again.
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Benarand
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August 06, 2018, 12:34:37 PM |
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5% is not yet a strong fall for the market. This is a normal correction, which does not greatly affect prices. There are situations when the market in the worst state happens.
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bandungan
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August 06, 2018, 12:37:27 PM |
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Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!
All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.
red market events are the same as last year, where in August all coin prices decreased. but we don't know yet whether at the end of the year the market conditions will be good or not, if the market conditions are good maybe all the coins will pump above 100%. |
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filtyfrank251
Member
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Activity: 364
Merit: 10
The Exchange for EOS Community
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August 06, 2018, 01:43:10 PM |
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The green and red markets are never completely red, nor are they ever green, as prices are always volatile, which attracts many venture capitalists to where they are at high risk. That would be very profitable for us
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LankaJay
Newbie
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Activity: 140
Merit: 0
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August 06, 2018, 01:50:31 PM |
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Crypto market is very unpredictable. It reacts even for a weak support and resistant. The places we think that is weak make huge effects to the movements. That is very strange. So we can't imagine when we will able to see green instead of red.
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carlisle1
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August 06, 2018, 01:57:59 PM |
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Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!
All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.
We must get used to this situation mate because cryptocurrency is volatile and this is part of the price movement For this 7 months we can't count how many ups and down happens so this red market should be normal unto us what we need now is tp wait and keep patiently for this will end soon |
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MrPiggles
Sr. Member
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Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
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August 06, 2018, 01:58:58 PM |
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Crypto market is very unpredictable. It reacts even for a weak support and resistant. The places we think that is weak make huge effects to the movements. That is very strange. So we can't imagine when we will able to see green instead of red.
In the past three months, I have seen a whole lot of red, and indeed this market is experiencing a lot of trading volume problems and most of the big investors are suffering from the current situation. I hope that it can finish this stage sooner this year and 2019 will enter the best development phase. |
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Mr.Spreadthehamster
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August 06, 2018, 02:25:48 PM |
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Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!
All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.
Just relax, its normal for such market situation. Soon we will see how it all changes, I think by the New Year situaton will be stable and capitalizzation will be around 500 bln. |
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valetrm
Member
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Activity: 238
Merit: 10
Open and Transparent Science Powered By Blockchain
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August 06, 2018, 03:08:58 PM |
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Absolutely normal correction in 61% on Fibo after such explosive growth. So the red market today is good. The snake must exhale before continuing.
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Nikitavoz
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August 06, 2018, 03:40:07 PM |
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I am glad that Bitcoin has become volatile again and now the attention and interest towards BTC has increased significantly, it means that the market is alive and continues to develop.
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BountyGo
Copper Member
Jr. Member
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Activity: 378
Merit: 1
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August 07, 2018, 10:32:51 AM |
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I predict that in the future, 2018 will be remembered as the great post-bubble pop bear year. The year many people lost a lot of money and sold everything.
...but I also think it will be remembered as the year that those who stuck it out, and accumulated cheap coins while everyone else was selling scared, set themselves up to get very wealthy in 2019, the year the Bitcoin ETF went into place and a large number of mainstream investors first entered the space, and then stayed for good.
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strunberg
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August 07, 2018, 10:37:45 AM |
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Look at the total capitalization of the market, it is the same as a year ago, there is no new money, and there is no growth, that's the whole problem.
just wait until new trigger spread in market,we just need good news from cboe etf in september. if this is accepted, no more doubt there are more fresh money come to cryptomarket.and we will see positive impact from this. |
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