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Author Topic: Current cryptocurrency market situation  (Read 3699 times)
mikan111
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August 06, 2018, 07:54:19 AM
 #81

I am not sure and can't understand,  why people only recall a price from the end of 2017, let's see what price was in August of 2017(3600+). Why some are making an impression that BTC was 20k for centuries and this year is worst in history. Simply it's not true. We will see more fluctuations in cryptomarket, but that's a nature of it.
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vitek_dyb
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August 06, 2018, 08:13:29 AM
 #82

 This week, though, prices have generally declined. According to data from CoinMarketCap, every one of the top 10 digital currencies by market cap (and nearly each one of the top 20) has declined in value across the week. As of this writing, bitcoin is still above $7,000.
dannywhite
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August 06, 2018, 01:06:17 PM
 #83

I cannot predict the current market developments, I am sure that the market will soon recover in a short time because now the price of Altcoin is getting better.

Yeah, that is true, we cannot predict that but still, we can estimate the rise of the value. Even though it can take way more time than it used to be when we had the "great boom" at the beginning of this year, it is still going to be a rewarding waiting.
Ava Duvall (OP)
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August 06, 2018, 01:10:29 PM
 #84

I am not sure and can't understand,  why people only recall a price from the end of 2017, let's see what price was in August of 2017(3600+). Why some are making an impression that BTC was 20k for centuries and this year is worst in history. Simply it's not true. We will see more fluctuations in cryptomarket, but that's a nature of it.

Earlier bitcoin did fluctuate but it had many more highs than lows, and since December 2017 the price has dropped drastically. Thats why many are upset and disappointed when they see bitcoin have more lows and dips.
zalizoll
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August 06, 2018, 01:11:31 PM
 #85

for me it is very profitable for a hopeful future and this is where we are tested by falling prices and current market volatility, but I hope in the coming month where prices rise and soar we can make a big profit.
destiny100%
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August 06, 2018, 01:15:12 PM
 #86

for me it is very profitable for a hopeful future and this is where we are tested by falling prices and current market volatility, but I hope in the coming month where prices rise and soar we can make a big profit.
Given the current market situation, it is unlikely to be high next month. I think that this market will fluctuate in price not high until the end of the year. But I think prices will rise in early 2019.
Falmera
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August 06, 2018, 01:15:32 PM
 #87

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
We will just be optimistic, this is the key for a brighter future. We will not lose hope and this year will be a fruitful one. We are just more halfway and we will hope a green market for this third quarter till the fourth.

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August 06, 2018, 01:23:56 PM
 #88

The market now was seems good looking because the price of bitcoin and some altcoin was getting to recover again,so dont be scared everything now was depending on situation.

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August 06, 2018, 01:25:33 PM
 #89

These are people who own many BitCoins. As a result they can raise or lower the BTCUSD rate on any exchange more-or-less at will. This power can be used to affect the market volatility to their advantage. There is little doubt that at least a few of the Whales benefit from BitCoin’s volatility by making use of their own liquidity.
keninu
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August 06, 2018, 01:31:36 PM
 #90

According to my observations, since the prices of Bitcoin and other coins have dropped since February, the market conditions of Cryptocurrency tend to be weak. moreover, coupled with the difficulty of the price of Bitcoin to rise, it seems to worsen the situation, because more and more people are hesitant to invest in Cryptocurrency.
Asantewaa2000
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August 06, 2018, 01:36:04 PM
 #91

You are right this years market is full of ups and downs but i still belief bitcoin has not reach it peak yet, bitcoin might cross $12K before the year ends

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Vimukkthi Vithanage
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August 06, 2018, 01:40:32 PM
 #92

Yes , what you pointing is true.  Bitcoin price is still fluctuating and not showing an exact way of flowing. But I think hopefully we can expect a  positive rise in the end of this year 2018
tuanvu199x
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August 06, 2018, 01:41:02 PM
 #93

I'm losing patience with cryptocurrency. Do not know if there is growth in 2019?
3Gloco
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August 06, 2018, 01:41:38 PM
 #94

Well it's not ideal, but no one knows really
Harpawan
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August 06, 2018, 01:45:29 PM
 #95

the key to a brighter future. We will not lose hope and this year will be a fruitful fruit. We are only halfway and we will expect the green market for the third quarter until the fourth quarter.
noisybit
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August 06, 2018, 04:23:47 PM
 #96

for now the market prediction is experiencing a very drastic decline and this cannot be predicted when it will recover but just wait someday surely the cryptocurrency market will definitely go back up and return to normal as some time ago and all that requires very extra patience
Phatle1996123
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August 06, 2018, 04:26:37 PM
 #97

Too early to say 2018 is not the year of the bitcoin we are at q3
jimmydvd
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August 07, 2018, 02:14:52 AM
 #98

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.
I agree that investing in bitcoin is better if it is to encourage the industry to be even better because there are now many projects that use bitcoin so we really need to support so that bitcoin is better.
Wizardbizari
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August 07, 2018, 03:24:12 AM
 #99

2018 has not been our year. .... 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

I don't think it's fair to say 2018 has not been our year just because it hasn't reached $50K.
It's a market, as volatile as any other market. Yes, it hasn't exceeded our expectations, but I believe it's got the potential
Zodiaclo
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August 07, 2018, 03:33:12 AM
 #100

The cryptocurrency market situation is just as any other market situation, we have ups and downs and they show us that the market is alive Wink
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