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Author Topic: Bitcoin Suffers, Ripple Drops 5% as Crypto Market Continues Downward Trend  (Read 222 times)
salinaangel
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August 10, 2018, 04:40:54 PM
 #21

I think bit coin is not suffering. It is stable as its position. Although the price of it down some days ago but I know it will be increase very soon. So I can not say the total market going downward trend.
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pattley
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August 10, 2018, 04:49:14 PM
 #22

The coins are acting erratic and bearish mostly due to the fake ETF news.  ETF wasn't a thing and now of a sudden its the most important thing for Bitcoin and no crypto's will make it without it.  If your doing anything other than buying slowly right now with this dip your being played for a fool.  Big boys are here now and they are manipulating us. 
Vatimphady
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August 10, 2018, 05:13:37 PM
 #23

I don't think Bitcoin will fall below the support of 7;000$ so easily. All the investors are already backing it up by putting their trust and money on BTC. Moreover; recently BTC experienced an all time high hash rate in its entire history which indicates that miners are mining again and it might cause an upsurge in both price and demand among people who want to purchase Bitcoin.
theyoungmillionaire007
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August 10, 2018, 09:02:38 PM
 #24

Stellar; IOTA; and NEO; three large crypto currencies gains against both Bitcoin and the US dollar in the past week. Bitcoin; Ripple; Ethereum; and Bitcoin Cash recorded slight losses in the past 24 hours
BitCoinDream247
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August 10, 2018, 10:24:32 PM
 #25

Bitcoin has dominated the crypto market. If the bitcoin price decreases in crypto; then other coins are automatically reduced. If the prices increase in BTC and ETH; then the price of the altcoins will increase. It also decreases in such a way.
Caelanpelley
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August 10, 2018, 10:46:25 PM
 #26

The falling crypto market has brought down the price of the coins. The penny is appreciated as bitcoin, ETH also drops 5% in value. This worries me whether I should sell the coins I am holding and whether I should invest again. What do you think?
cryptotezi
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August 11, 2018, 06:29:52 AM
 #27

BTC has faced a recent very high hashrate; people are starting to believe in it; invest in it ; and hold on to it. I don't think in any way it will fall below the $7000 mark. So all this has led to rather an upscale to the demand of bitcoin than anywhere near a fall.
RadiontLoss
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August 11, 2018, 07:40:50 AM
 #28

This is really sad to know this based on this such types of news will affect the BTC price also others coin will suffer also because most of the coin is related with btc price.
TurveyDrop
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August 11, 2018, 08:07:31 AM
 #29

It's not a good news. The price of Bitcoin has again started to fall. But I think the momentum is temporary and soon the Bitcoin will start to recover its position in the market. The price of Ethereum still dropping in the market. I hope the price of Bitcoin and ethereum will start rising again soon.
robertcross07
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August 11, 2018, 08:46:36 AM
 #30

This is sad to see. Given BTC is the leading one; if something even the slightest of reduction comes to it; it creates panic among the users and the other coins suffer too. Let's hope the market recovers soon and Ripple; given it is fairly new and was doing so good; will recover too.
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August 11, 2018, 09:47:31 AM
 #31

It's not a good news. The price of Bitcoin has again started to fall. But I think the momentum is temporary and soon the Bitcoin will start to recover its position in the market. The price of Ethereum still dropping in the market. I hope the price of Bitcoin and ethereum will start rising again soon.
I think it is good news due to bitcoin and other cryptocurrencies price is on discounts, so today is time to buy more and hodling them until the price of cryptocurrencies goes up again, it is not end the world in instrument of investment the volatility of price is needed by investors, we just need the skill of management of money and mind set to anticipate in this situasion.
Warry
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August 11, 2018, 10:18:32 AM
 #32

I don't think that this downward trend can be terrible like this. LOL. But it's still fine, Bitcoin price is still more than $6k and ETH price is still more than $300. LOL. But if BTC price dump to under $6k and ETH under $300, I think everything will be very terrible, so many guys will quit this world.
arthur305
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August 11, 2018, 10:22:40 AM
 #33

Well it is all because of the bitcoin etf delay. Personally all my  altcoins I have converted to fiat in this bloodbath. Waiting for better market situations to buy back in.
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August 11, 2018, 10:33:25 AM
 #34

Accept that crypto market is naturally volatile due to its unregulated nature and decentralized. It is really difficult to control the prices.

Investors should have the patience to stay in control of the situation not to lose profit.

Should also have good strategic plans in trading.
tiplols
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August 11, 2018, 10:36:59 AM
 #35

It is normal to see that if the leading coin is down; this will cause fear in the investors an they sell their other altcoins too. Because they have this fear that if anything  bad can happen to BTC; then the other coins will not be spared either
Aleshia696
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August 11, 2018, 11:57:46 AM
 #36

As we know; most of the altcoins are related to BTC as it dominates the market; literally. BTC price has gone down a week ago because of some factors like market fluctuations; hype; news and public over impression etc. Othersome coins followed its price trends also. On the other hand; though Ethereum does not follow the trend; it was in the bear also. In a word; Though the market is very volatile; MArket will go to the moon at the right time; I assume.
laynum
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August 13, 2018, 08:52:36 PM
 #37

The market is just following the path of its leader. that's all that I see here. Bitcoin is suffering and all other coins, not just ripple are battling with their prices too. I would like to think that these altcoins would do better when their ruler gets back on its feet. As long as bitcoin is suffering, we might see these altcoin crawling too.
olivia jane567
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August 13, 2018, 09:36:02 PM
 #38

The whole market is red and is so sad to even see ETH around $200, but with all these dip we will still recover next year or perhaps ending of this year.
Weirdwas
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August 16, 2018, 11:20:44 AM
 #39

The crytosphere suffers in general. All the coins are bleeding and the streets are experiencing a bloodbath. Strange for so many, especially the newbies, cos  such a thing has not happened in a long while, but this correction is indeed needed for the market to move to the next phase. It will be over soon and we will see greens restored back to the market again. Let;s just hold on strong.
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