What is happening with cryptocurrency ??

[kiansantan]

For those who buy when prices are high, I think they need to wait longer to make a profit or hold a few coins that will grow high. The market today is not so high, but I think it will grow in the final months of the year. We don't need to panic to sell coins now because all legitimate projects will grow and we can make good profits if we are patient.

[malah]

currently the market conditions are not pleasant but we must keep thinking positively and believe that the crypto currency will definitely recover and by the end of the year hopefully it will increase again

[omonuyak]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

I think we are at a time when you have to trade with carefulness.  The uncertainty in the market is very real and trading at this uncertain time is very risky especially when the directions of the market is not define.  Bitcoin has face this same pattern before and this happened in 2014 but we latter got a recovering face in 2016.

[perfect999]

in my opinion this is a very normal price movement because previously the cryptocurrency price was very expensive and this year cryptocurrency prices will tend to fall and will make price corrections as at present, there are also some cases of bad news circulating in some media so that prices collapse due to traders panic.

Last year the price was very high and people were not able to afford more valuable coin up to 20k dollar and that is the reason price went down but it was the start of this year and it does not mean that price will must be falling in the start of every year.

Bitcoin’s price is unstable and temporary as it goes up and down with the passage of time ultimately when there is any fluctuation in the demand rate that has direct effect on price.

[arikassuja]

the condition of cryptocurrency prices this year will likely tend to collapse and price correction until the end of the year also not necessarily the price of bitcoin can again be very expensive because there are no supporters who can make the condition of cryptocurrency prices rise again. but what is clear is that bitcoin is experiencing a price decline because in 2017 yesterday it has raised that price.

[Beegovere]

In my opinion what happened with Crypto was normal, prices went up and down because they were adjusted to stock and demand, but I was sure that the factors that caused prices to drop were due to the many projects and coin scams that made people afraid to put money in crypto.

Yeah you are right. In cryptocurrency the price would never remain constant. It would fluctuate time to time and may be on daily basis as it is right now. The price in these days is suffering from great correction but doesn’t mean that we should leave the market or we should convert our investment to Altcoin. When bitcoin rises other cryptos will also rise.

[trako]

the markets were absurd. expectations fell. expected movement in October. Today is the 19th of October. and there will be no other movement for October. If the end of October does not start, there is no hope for November.

[rickadone]

Welcome the cryptoworld where high prices that you have seen yesterday will suddenly turn low today. It's just normal to witness events like that and what we need is to accept the fact that cryptos are just like that - very volatile.

That is the thing and a lot of people usually will not have that in mind that, come on, this is a space that is seriously growing every single day and the possibilities of seeing a high level of adoption setting in is huge. It would take you to understand what you are holding to actually come to terms with that anyway which is what a lot of people find pretty hard to do.

This is a very volatile space, but for those who are patient enough, and looking at how people were so happy calling a new ATH at around $6000 last year, before the bull run started and then we got to as high as $19800, now we are having the $6k as a bottom where people are looking to get in. That is just life, another man's celebration yesterday, is another man's opportunity today, so imagine what would be like tomorrow.

[cluit]

Crypto market conditions are currently still unstable and almost all coins have a low price, so you have to be more patient and stay calm, wait because a good day will come and will give us profit, or you can use this opportunity to buy crypto again

That is happening because it was never really meant to be stable and it is also in its early stage, it is a volatile market being that, there is no control and everyone can decide to do whatever they want to do. Sure, a little bit of regulation can help with that across most exchanges, but I believe as time goes on and as the market keeps getting more matured, it is something we will mostly get to see eventually.

Staying calm is what is important at this stage and for what it is worth, taking a look at the excitement in the market when we were even seeing $4k, $6k, $10k and increasing further, I would not have imagined people getting to complain about a bottom at $6k now, and then it being an opportunity to get in for some.

[yndye]

the markets were absurd. expectations fell. expected movement in October. Today is the 19th of October. and there will be no other movement for October. If the end of October does not start, there is no hope for November.

We cannot easily conclude that just because bitcoin didn't make a move then it wouldn't have a significant movement in the coming days, weeks, or months. There are still two months left and we aren't sure yet of what will happen. There is still a chance that bitcoin would still go up. We anticipate much news and there is good news out there but still, the demand is not that big. When the market is calm, it would be one of the best time to invest in it and then when it goes up, consider taking profit.

[maarx]

the markets were absurd. expectations fell. expected movement in October. Today is the 19th of October. and there will be no other movement for October. If the end of October does not start, there is no hope for November.

We cannot easily conclude that just because bitcoin didn't make a move then it wouldn't have a significant movement in the coming days, weeks, or months. There are still two months left and we aren't sure yet of what will happen. There is still a chance that bitcoin would still go up. We anticipate much news and there is good news out there but still, the demand is not that big. When the market is calm, it would be one of the best time to invest in it and then when it goes up, consider taking profit.

Just make use of current moment. Yes invest on best coins. The fluctuations are common with crypto. Appriciate the current moment. It's common to have fluctuations in crypto and this is the reason we can see such a growth. Just look at the way it has grown with fluctuations and see gold price, finally it's being stable not having much price hike or price fall. Hence, crypto market is doing fine.

[Quidat]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

All i can say is that we are in a big bearish market that had happen already before and is now repeated again, so basically it's just a normal routine of our beloved bitcoin. We are all in the big waiting area hoping to witnessed the return of the bull running to the moon. I guess it's just a matter of time before we could actually get there.

[Duogembrot]

maybe what happens with the condition of cryptocurrency prices is currently not good and there are lots of bad news and lots of FUDs that make these traders scared and can influence the price of bitcoin so I think this will be very terrible because cryptocurrency conditions are very sensitive.

[alentmay]

I think I will not be really getting into any further down to altcoins for a while. Right now when bitcoin goes up the price of altcoins go down and when the price goes down all market goes down which really makes it a loss-loss situation for altcoins, I would stick to trading at usd-btc prices for a while at least we get another big bull run.

I do not mean sticking to bitcoin for a while for long term investment, of course bitcoin is a great long term investment but altcoins are good for long term investment as well, however they are not really good on daily trading lately. All of this caused by that 2017 prices because ever since than bitcoin price fell down but sometimes went up whereas altcoins never really recovered at all.

[futile-resistance]

For those who buy when prices are high, I think they need to wait longer to make a profit or hold a few coins that will grow high. The market today is not so high, but I think it will grow in the final months of the year. We don't need to panic to sell coins now because all legitimate projects will grow and we can make good profits if we are patient.

Another good thing happening right now is the short futures are not getting purchased as much as it used to and the dude that was on the news a week ago that changed his 500 million dollar worth of tether into bitcoin once again. There are two possibilities for these to happen if you ask me.

Either people are getting out of bitcoin totally and leaving it behind for them or they are believing the price will go up once again. If people are not buying shorts they are either buying longs/holding etc because the price will go up or they are literally not buying shorts because they made enough money and left bitcoin and get that bitcoin cashed to their bank accounts.

If a person changed his 500 million dollar tether (even if its true) to bitcoin it means either he believes the bitcoin price will go up or he wanted to cash that bitcoin into his bank account since he can't really cash out tether directly he had bitcoins and sold them for real dollar instead of the token version.

[hannahboy]

The good part about bitcoin going up and the altcoins going down is that the price of altcoins in dollar value doesn't devalue that much even tho the bitcoin price going down and whatever happens in the end the price of those crypto currencies goes back to what it was on bitcoin price which means the dollar value goes back up as well.

Hence, if you wait for a bitcoin price increase and watch the altcoins going down you can purchase one of the ones you like and than you can purchase that altcoin and watch it go back to its bitcoin value once again and also increase highly on the dollar value since bitcoin worth more dollar till then. Of course, the market can drop insanely after that and the price of bitcoin can drop as well which means it won't work but if the price doesn't drop that insanely than you can profit easily and it doesn't even take that long.

Cryptocurrency is new for many people although almost 10 years gone to cryptocurrency but still there are a lot of people who do not trust crypto currency and think that it a Ponzi scheme and this is not good for cryptocurrency over all. I believe in cryptocurrency but when I see the big investor’s manipulation of the market. I don’t want to put my money in it because my money if not for losing so easily.

[airdrophunter]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

The decline of altcoins which is almost identical with that of bitcoin is normally because altcoins price is paired with bitcoin's market price. So it makes sense if altcoins' market price tends to follow bitcoin's price movement.

[CelebratingBTC]

Crypto market conditions are currently still unstable and almost all coins have a low price, so you have to be more patient and stay calm, wait because a good day will come and will give us profit, or you can use this opportunity to buy crypto again

In my opinion Altcoin depends upon bitcoin. When the price of bitcoin raises Altcoin also rises, but if the bitcoin fall, Altcoin also falls. We saw huge dip in bitcoin price but what happened to Altcoin, why the prices of Altcoin collapsed? The reason is that bitcoin is the pioneer of cryptocurrency and fluctuation in bitcoin price effect the whole crypto market.

[thefaucetrunner]

market are so bored everytime and every moment for cryptocurrency price to rise its always been declined and stopped at this point. every crypto enthusiast should be more patient to face such situation, but there are many holders who desperates with this market trend and tend to sell all their coins rather than to lost more than half of their portofolio. We cant blame this actions, i think 2018 will be the bloody trend for cryptocurrency.

[andrei56]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

This whole crypto performance is affected by the on going  bearish market movement in which most of the experts believed that we are still in the middle of it but this bearish market will not going to stay here forever therefore we should continue to believe that sooner or later the bullish market will take over just like there is rainbow always after the rain.

It seems some investors have a tendency to believe the current market conditions are going to last forever, this happened with the bull market as well when people thought those conditions would last forever only to find out that was not going to be the case and they paid the price of that misjudgement and the same is going to happen with this bear market with all of those that sell now and will regret it.