Current cryptocurrency market situation

[Agniya]

The situation on the market is complicated, but I am confident that by the end of the year we will see the market green.

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[BennyK]

2018 has been a very tough year for the crypto market in general, which stems from governmental, media and banks attacks. However, cryptocurrency has proven beyond all reasonable doubts its capabilities of withstanding these impacts. Bitcoin is taking on new price heights on the market.

[randegibran]

What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions

my opinion about this market situation is patience, despite experiencing a lot of decline I am sure there will definitely be an increase and we wait for the end of 2018

[prikitiw]

Bad news about cryptocurrency and some expectations shook the market, so the price of coins dropped further. we are still waiting for news about ETFs, we hope this ETF is able to restore investor confidence in being able to raise the price of Bitcoin.

[rancakadu]

The crypto market is gradually recovering towards the end of the year. This is expected because history will appear. Maybe because of the upcoming vacation. This is the period in which most currencies capture prices.

[patimahsunda]

The current market situation seems chaotic. As you see. Although bitcoin prices are slowly increasing but some altcoins look red. I don't know why that happened. But I believe that the market will recover in a few months. I believe at the end of this year. So be patient and wait until the market recovers.

[Claudyah]

This is a bad year in my opinion, price changes are still frequent, yesterday the increase or recovery happened, and now the reductions and reds continue to dominate, and I think this will continue until the end of the year.
I hope the market like this is a step towards bullrun and I want this to happen in 2019

[John_Sena007]

i think Bitcoin price has been fluctuating for over four months now, which the value has dropped, therefore, the current price situation is encouraged to invest towards the industry, for a better profit in future time.finger crossed

[ribowo76]

It seems like this year, there are too many negative issues surrounding cryptocurrency. Maybe that is the main factor of price decline this year. But I believe, soon this will pass. Let's wait

[OSYA]

The current negative situation at the market is temporary. Better use this lucky time to make your investment now. I don't see anything super bad to worry about. The market will go up again gradually and situation will be stabilized.

[fisherycrypto]

we have had the very necessary bitcoin correction which corrected the whole market. bitcoin price right and it also helped the pumped bitcoins come down for  to their more realistic values which is still ongoing since they are mostly overpriced right now.
and also we have had the long awaited opportunity to buy cheaper bitcoins.

[Ravion]

That great rally last year brought a lot of attention to Bitcoin. The price declined much since then, but it's at a good price now since when the fast rise first started.

With regards to the issue about what people's tendencies are for owning and using Bitcoin, there was a recent survey that shows that most consumers and investors are optimistic about all cryptocurrencies, even after that big price decline. The survey showed that, for long term success, the most highly regarded are Bitcoin, Etherium, Ripple, and Litecoin. But there are still major concerns about market volatility and security.
Even some major luxury car brands have announced recently that they've started accepting cryptocurrencies as a payment method.

I think another issue that needs to be sorted out is the amount of power consumption caused by mining. People are becoming more and more concerned about the environment and global warming, and soon they could be raising arguments against Bitcoin.

[Fmradio98]

I think this will be an ordinary pattern during the current year and bitcoin ups and down will only a fantasy. The market is getting more sultry because of high prices on all costs. We are for the most part sitting tight for any Latter rain news that can change the market circumstance

[vnck25]

I think we are just seen a huge correction for the huge bull run we saw back in December 2017. This is normal in my opinion, its basically called the market cycle and we have to expect this sort of market movement. The important thing to remember is to hold on to your coins/tokens during this time. If you can buy at the dip and hold then sell at a higher value. Again this is just normal movement of the market.

[Ledy Alise]

There is no reason for the market to stay so low. I think just people still panicking and no one wants to be the first who will invest a large amount in crypto again. This is a more psychological situation in the market then fundamental.

[24/7Airdrops]

The current price of bitcoin fully corresponds to the state of the market. Now there are many obstacles on his way, for example, his non-recognition by many countries of the world.

[Ava Duvall]

Now crypto currency market situation is better than the previous time.2017 was the best time of crypto currency market and after that from the beginning of this year  crypto currency market is falling down. Every crypto currency rates discrease and it was the time when people get a hard time in crypto world. but after some months crypto market and crypto currencies  began to came back in form and better price that people can survive again  properly.

2019  is expected to be a better year, at least those are the most recent predictions, hopefully they will be true, cause so far it's been hard

[wall101]

I think the market situation is right now getting red those altcoins being ignored by traders and investors. They are overtaken by bitcoin and ethereum.

[Master of Shitcoins]

What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions

Bitcoin dominance becoming stronger the last weeks again is a very positive sign for me. We have to tame all shitcoins because there are way too much of them making this crypto market look like a scam bazaar. A high Bitcoin dominance is good for a vital market.

[iqlimasyadiqa]

What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions

Bitcoin dominance becoming stronger the last weeks again its a very positive sign for me. We have to tame all shitcoins because there are way too much of them making this crypto market like a scam bazaar. A high Bitcoin dominance is good for a vital market.

Bitcoin dominance is very good indeed. However, we see the condition of Altcoin which has decreased and it certainly has an impact on the state of digital currency in the world. Bitcoin dominates market share at the moment, but we also cannot make other coins. There should be a way we can do to reduce the extraordinary panic in the world digital currency market. Being patient is the right thing to do and for all of us that never sell big because it will only make the situation worse.