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Author Topic: 2018 is not a very prosperous year for cryptocurrency  (Read 3605 times)
cryptorampage963
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August 15, 2018, 10:08:55 PM
 #281

I don't figure it will regard say as of now that it is a prosperous year for crypto since despite everything we are in admirable. You should give the year a chance to end before you hypothesize something like this.
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August 15, 2018, 10:18:41 PM
 #282

The topic is somehow extreme because its only talks about the monetary aspect whereas cryptocurrency has witnessed unprecedented growth following increasing acceptance and some countries favouring it regardless of the bad market. This is a sign of greater things to come for cryprocurrency investors
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August 15, 2018, 10:25:55 PM
 #283

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.


And now many projects are still stop working. The main difference compared to 2017 is that now they close faster.
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August 15, 2018, 10:42:01 PM
 #284

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?
If you are only looking at the value of the market in terms of fiat then this has not been a very good year, but this is a year in which you should not be thinking about selling your coins but about buying, this may surprise some but this is the moment to buy coins so in the future when the price recovers and goes up you take your profits, while the rest of the people complain buying at the top of the bubble you will be selling and obtaining such good profits that many people will be jealous of your success and your foresight.

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August 16, 2018, 01:55:34 AM
 #285

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?

Maybe 2018 is the biggest year of panic. And of course this is not a good year, if not a bad year, even though it might not be the worst. I think a crash of more than 70% from the top of the marketcap is the result of the panic that continues to occur, although of course it can be caused by many things, including fuds from whales trying to take advantage of the market situation.
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August 16, 2018, 02:57:23 AM
 #286

Thank you for your information, but if you look at a lot lately there are a lot of issues that say that the market will experience price recovery at the end of this year or early this summer, but whether it will happen or not because it is just a prediction that will not necessarily happen, but hopefully it really happened.
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August 16, 2018, 03:00:24 AM
 #287

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.

ETF has a huge impact on the price of Bitcoin and this is actually the largest investment fund on the planet. I believe the ETF will soon accept Bitcoin in the shortest time and all is just a matter of time. Everyone should have great hopes on the ETF because if the SEC accepts it all will enter the best stage of development
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August 16, 2018, 03:00:39 AM
 #288

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 2018 is not a good time for the crypto industry, because it looks like we are seeing a bear market all year. But for those who have been in this field for a long time, they might consider it a normal fluctuation, because maybe they have experienced a big explosion before. Maybe manipulation can be done, but I think it's only part of the game.
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August 16, 2018, 03:07:57 AM
 #289

Indeed I agree with your statement. because this year I think an awful lot of events less good in crypto. A lot of the ICO project scam. And also market continued to decline.

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Shikamaru
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August 16, 2018, 03:09:23 AM
 #290

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?

Manipulation, or market stimulation, of course can be done, because large players may have their own network. But that doesn't become a big problem, or even an advantage, when we follow their mindset. I think the problem this year is due to a huge increase last year. Crypto tries to balance the market and be where it should be, which of course becomes very bad if we look at it from this year alone.
infinity33
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August 16, 2018, 05:54:55 AM
 #291

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.

I really feel the downtime of crypto, because I lost 50% of my investment already, i invested in bitcoin, I buy token and keep it, but instead of earning my token depriciate and it goes down and down, and I am just hoping that it would recover in the coming months.
Mikebutler92
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August 16, 2018, 06:18:26 AM
 #292

It's still a lot since 2018 because most of us know how to choose good ico and run their account right now that I think the hardest one now is scam ico.
Nahdatullah
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August 16, 2018, 06:35:25 AM
 #293

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?
since the beginning of 2018 the price of crypto has begun to fall. but for me it's all normal. because the price of crypto last year has already peaked and now is the time to go down and wait for the time to rise again and all that takes a long time. I think everything will recover about the next 5 years.
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August 16, 2018, 06:48:37 AM
 #294

That's right, 2018 is a difficult year for the cryptocurrency. Nearly the end of the year, the value of most of the coin in the top 20 of the world's strongest cryptos has fallen sharply. At present, their value has not increased.
turkandjaydee
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August 16, 2018, 07:31:26 AM
 #295

That's right, 2018 is a difficult year for the cryptocurrency. Nearly the end of the year, the value of most of the coin in the top 20 of the world's strongest cryptos has fallen sharply. At present, their value has not increased.
In 2017 i was so stupid that i thought the hype will continue and bring crypto to a more mass adoption.
And here we come the bubble is popped.
I think it will be very difficult to climb back to the ATH again if there is no hype like it was anymore, and also there are so many bagholders who are ready to dump their bags if the price increases a bit.
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August 16, 2018, 08:29:00 AM
 #296

Looking from which side to look. If in terms of what many expected the growth of the cryptocurrency in the summer of 2018, then yes. Hopes were not justified and it can be called failure. Bear market continues for more than six months...
But nevertheless, cryptomir develops, there are many interesting projects and in this regard it is successful.

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August 16, 2018, 08:35:11 AM
 #297

I don't think so. We still need to wait cause this year has not ended yet. There are months left before the end of this year so I still believe that everything will be different at the end of this year Smiley. I still remember last year, the last dump was in September because of announcement of JPMorgan Chase CEO which made BTC price dumped more than 50% but BTC still could rise to $20k at the end of 2017 and for now, I think it'll be the same Smiley.

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August 16, 2018, 08:39:39 AM
 #298

indeed precisely this statement. Because of the many events that are very detrimental to occur in the year 2018. in fact this is so troubling. ICO many who scam. and market conditions which continued to be just red.

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August 16, 2018, 08:44:29 AM
 #299

indeed precisely this statement. Because of the many events that are very detrimental to occur in the year 2018. in fact this is so troubling. ICO many who scam. and market conditions which continued to be just red.
but we must remember that the great moment happened in early 2018 when the market went up, for now because of the more ICOs we have to be smart to choose it and the more ICOs are in 2018  Smiley
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August 16, 2018, 10:55:27 AM
 #300

This year is brimming with disarray and show, all altcoin costs have diminished, the market is exceptionally frail and mischances keep on happening, this year there are numerous ICO Scams, this year truly makes everybody disappointed and frantic, ideally by 2019, it will be a year better.
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