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Author Topic: 2018 is not a very prosperous year for cryptocurrency  (Read 3605 times)
r_herbert
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August 14, 2018, 11:39:26 PM
 #261

Definitely, there are entities which can do whatever they want. It is very possible. Even if the market is so big, they know how to control it. There is a great tandem between governments and financial institution. We know well that cryptos are not good for them. The role of virtual money is to end the reign of banks and other institutions. For that reason, I believe that they manipulated the market and we can see the result. This year was not so prosperous for the cryptocurrency. Let us hope that the next year will be better.
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Arsaen
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August 15, 2018, 03:57:28 AM
 #262

Hey guys, I just wanted to share. I've observed and read many articles too regarding this topic and I would like to hear your opinion regarding this. Do you think that the cryptocurrency market is on a downward trend? Would altcoins be following this trend as well? Since Jan 2018, the market of crypto had been moving up and down way too much in a very short period of time. Do you think it is possible for an entity to manipulate the market so big?

Of course a cycle has two different directions, because that's what it should be. If we think that 2018 is a normal correction from the 2017 increase, then of course we will think that the market is fine. And I think there will always be a little manipulation in any business, because everyone is trying to get profit in their own way.
lenini
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August 15, 2018, 06:31:32 AM
 #263

This year everybody understood that crypto-currencies are already a recognized fact that has to be legalized, after that, it will be quite official and recognized money that operates within its technology. If regulation of the crypto-currency begins to occur at the state level, then officials and others will have questions to exchange points.
cllo78
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August 15, 2018, 06:34:46 AM
 #264

I don't think there is a so-called entity that can operate the cryptocurrency market. The 2018 cryptocurrency market does fall very seriously, but I hope that people don't panic and keep calm. I think we will have a huge bull market at the end of this year. Wait patiently.
Schevascheva
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August 15, 2018, 06:37:03 AM
 #265

Yes, in fact, the year 2018 was not the best for crypto-vaults, but this should not be upset since the crypto currency was and will always be, it has implemented so well that it will not disappear, it is worth drawing the conclusion that the next years the currency will be very good and profitable, and this is a fact for all
irenegaming
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August 15, 2018, 07:18:18 AM
 #266

2018 has been so far the year of he bear, the year which it has openly dominated the crypto market and a number of coins have lost value in the process, people have become skeptical about everything that has been happening and a number lost faith and hope and decided to sell off in the  process, the market is not as friendly, but all hope is not lost, there still are chances that the coins will regain their quality value with time

SwampRose
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August 15, 2018, 12:09:45 PM
 #267

Before invest on this market peoples are doing research and they finds out lots of scam. That’s why they are not interested to invest on this market. For this reason prices are falls down in 2018.
easycoin995
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August 15, 2018, 04:22:01 PM
 #268

Based on this market is fully unpredictable so it is tough to predict also you should not left now because 2018 not over also it has 4 months left based on this market face good condition very soon.
Kamidzy7
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August 15, 2018, 04:24:34 PM
 #269

It's just as they say that people are planted,and planted at a maximum and the whales are procured gradually,the special groups pose a falling and a rising market,manipulate to earn money on this

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bitcoinhero777
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August 15, 2018, 04:48:43 PM
 #270

Basically we should not give up right now because we should wait also patience is the key to success based on this wait for few months then you can take decision.
coinpedia240
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August 15, 2018, 05:01:16 PM
 #271

Actually if we think about crypto market most of the coins are suffering but soon this price will be increase based on this you should wait until the prices increase.
kingofhell9008
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August 15, 2018, 06:16:48 PM
 #272

This is not true. Like all the previous years, this year was just a bit too hard on the market. No matter what, we should not lose hope. there is still time left for 2018 to be over and anything can happen.
Glen1989
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August 15, 2018, 06:29:26 PM
 #273

The market this year is absolutely not in the best condition than to take even 2017. And of course manipulation take place . Until the end of the year just last market correction
ssuchy
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August 15, 2018, 06:37:05 PM
 #274

The market this year is absolutely not in the best condition than to take even 2017. And of course manipulation take place . Until the end of the year just last market correction
I completely agree with you, because today there has already been a sufficiently multi-level drop in the market and I think that we would be happy at least for a real market correction before the end of the year.
energodar2019
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August 15, 2018, 06:56:42 PM
 #275

Everything is completely different, not as in 2017, if last year it was necessary to keep altcoins and they all grew, now on the contrary it is not necessary to keep them.
cryptoshops9944
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August 15, 2018, 07:12:25 PM
 #276

Not all years are the same. There are tough ones and then there are tougher ones. Sadly we are not facing the tougher ones. The market will recover. We mustn't lose heart and make it a contagious thing too.
Prosperityforall
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August 15, 2018, 07:13:53 PM
 #277

It is obvious, but at the beginning of the year people predicted same growth as it was in 2017 year.
I still believe that we won't decrease lower from current point.
blacknight789
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August 15, 2018, 07:46:52 PM
 #278

I agree with you on this. In 2017 crypto market was like a giant bubble, and after it popped we have been experiencing a bearish market since then. Moreover, during the hearing of Winklevoss' ETF in last month, a lot of investors converted their alts to BTC to make some profit but the rejection of ETF cause both Bitcoin and ALTcoin market to go down by a good margin.
MoneyCryptor520
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August 15, 2018, 08:26:45 PM
 #279

Cryptocurrency gained mass attention in 2017 and that year numerous ICOs were launched. People thought they could make some money from the altcoins but not every project turned out to be great. Some projects died and some turned out to be scams, also, there has been hacks that made companies go bankrupt. So people got scared and started selling their cryptos. Maybe after 2/3 years we might see better scenario.
KingKongBong4152
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August 15, 2018, 09:16:18 PM
 #280

The market has changed a lot during one year and I feel that a huge reason behind it would be the scams and fraudulent activities in the market that people have finally realized. Manipulators are trying to gain profit by manipulating the market according to their wish and even SEC has acknowledged that. But still I feel that the market will stabilize sooner or later once we are done with the down trend.
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