aoluain (OP)
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September 16, 2018, 05:50:49 PM |
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Interesting points made. The general consensus is that the markets will remain in a Bear trend for 2018 with some natural rise and falls as normal volatility continues.
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exstasie
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September 16, 2018, 07:24:49 PM |
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Normally, last quarter has always been known to be the period of surge right from the onset, and a lot of traders and investors are hoping this year will come with the same move but certainly too early to judge.
Here's a few contrary examples. Q4 2011 was bearish. It's when the market crashed to it's lowest point before the next accumulation cycle began. Q4 2012 was a sideways market. Q4 2014 was mostly sideways, but December began the final crash to $150. I don't see the point of trying to find these patterns. There's only one Q4 per year, so the total sample set is tiny. Timing the boom-bust cycle requires a lot more nuance than that. In fact, time is the most unpredictable part of the market in my experience.
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jjacob
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★Nitrogensports.eu★
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September 16, 2018, 08:08:08 PM |
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Normally, last quarter has always been known to be the period of surge right from the onset, and a lot of traders and investors are hoping this year will come with the same move but certainly too early to judge.
Here's a few contrary examples. Q4 2011 was bearish. It's when the market crashed to it's lowest point before the next accumulation cycle began. Q4 2012 was a sideways market. Q4 2014 was mostly sideways, but December began the final crash to $150. I don't see the point of trying to find these patterns. There's only one Q4 per year, so the total sample set is tiny. Timing the boom-bust cycle requires a lot more nuance than that. In fact, time is the most unpredictable part of the market in my experience. You should stop trying to time the boom-bust cycle. People have tried and failed to do that in the equity markets, which has loads and loads of data. You will be hard pressed trying to get comparable data in the crypto market. You are better off taking a long-term call and systematically investing / disinvesting.
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timerland
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September 17, 2018, 11:42:18 AM |
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I really doubt it. Not all reports are going to be accurate. Considering that the 2013-2015 bear market lasted around half a year longer than this one has so far before any signs of bullish recovery came to the market, I think it's safe to say that it's extremely unlikely that we'll see a trend reversal by the end of the year. Sure, there could be potentially a short term rally at any given moment near the end of the year, but I don't believe it's going to be able to be anything long term in terms of flipping the sentiment. It's much more likely that we'll see prices recover as we get closer to 2020 as the halving gets closer. Besides, we may not have actually seen the bottom yet even though prices have settled at $6k or so for the time being, there is every chance that further dips may be coming.
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reflector
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September 17, 2018, 03:04:40 PM |
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I guess it is, there is always hypes in cryptocurrency so yes, there is. Most investors and self proclaimed cryptocurrency expert are always doing so by hyping the price of bitcoin using a disgusted price predictions. It might even surprise you that the ETF Bitcoin acceptance is also another form of hype.
I think you wrongly understand the ETF acceptance because still not accepting the ETF and price also fluctuating gradually in current market. All the peoples are afraid in this situation because of bearish trend may be some little hype is satisfy your needs but true trends crypto market will not grow in this month.
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gabmen
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September 17, 2018, 06:04:36 PM |
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I guess it is, there is always hypes in cryptocurrency so yes, there is. Most investors and self proclaimed cryptocurrency expert are always doing so by hyping the price of bitcoin using a disgusted price predictions. It might even surprise you that the ETF Bitcoin acceptance is also another form of hype.
I think you wrongly understand the ETF acceptance because still not accepting the ETF and price also fluctuating gradually in current market. All the peoples are afraid in this situation because of bearish trend may be some little hype is satisfy your needs but true trends crypto market will not grow in this month. Well i think people already saw how jumping carelessly on a hype can end up pretty bad for you like those who bought in close to the ath price early this year. And we're not even sure that an etf will be approved this time. And if it does, probably it will see the price grow a little for a short time. Many people short their trades because of fear that this bear market brought.
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millensharon8
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September 17, 2018, 06:43:26 PM |
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Following hypes does not help in anyway. The best thing to do most of the time is to simply monitor the trends and trade based on what you see. Sure, there is a huge optimism in the market judging from the way things have been in the past, but I guess time will tell of history will truly repeat itself or not.
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the1arty
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September 17, 2018, 11:47:12 PM |
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All those sources just manipulating with your opinion. Once CNBC says bitcoin will go down, most likely it will go up averagely by 30% according to the previous stats with their announcements. However, yes, some alts went up 100% and more yesterday, like VIBE, TNT etc, but today the market is crashing and that growth is going nowhere also..
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Yamifoud
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September 17, 2018, 11:53:06 PM |
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We have a great surge of prices in the 4th quarter last year and hoping same thing happen this year. There is still enough time and the possibility of the uprising trend is still there. We never just lost our hope and keeping our trust will boost others to do so and never dump sell their coins. We will wait until end of 3rd quarter if there is an indication of surging, then definitely hype will come along.
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irsada
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September 18, 2018, 01:20:08 AM |
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I think with the current market conditions it is difficult to start because every time the pump starts and happens a few days later the dump price returns even lower than before, maybe this year it will be like that until the end of the year.
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jamids
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September 18, 2018, 01:55:31 AM |
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I think with the current market conditions it is difficult to start because every time the pump starts and happens a few days later the dump price returns even lower than before, maybe this year it will be like that until the end of the year.
Every time people hope that it's the start of the bull run, price would then dump making more people frustrated than they have been. Instead of whining about it, people should just think of ways to take advantage of the rise and fall. When you check the chart, some signs are there that there is an impeding rise or fall because the range is getting smaller. It may happen or not sooner or later but when you study the charts, you can still trade and get small profits.
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henlity87
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September 18, 2018, 11:58:41 AM |
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I guess it is, there is always hypes in cryptocurrency so yes, there is. Most investors and self proclaimed cryptocurrency expert are always doing so by hyping the price of bitcoin using a disgusted price predictions. It might even surprise you that the ETF Bitcoin acceptance is also another form of hype.
I think you wrongly understand the ETF acceptance because still not accepting the ETF and price also fluctuating gradually in current market. All the peoples are afraid in this situation because of bearish trend may be some little hype is satisfy your needs but true trends crypto market will not grow in this month. Price today is less than tomorrow, how can I say that yes the hype has started. The situation is different and towards downstream. This is because people are no more interested in bitcoin. They are putting their money in Altcoin. There are so many good and profitable coins that can make you rich in few months. Why one should waste his time and money in bitcoin?
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winterland
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September 18, 2018, 09:14:42 PM |
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It is likely that we are going to close with the price going up but not because of the previous years, but this is going to happen because markets move in cycles, and the current cycle of the prices of altcoins going down is probably going to end in October or November, this is why I'm trying to take good positions in some of the most well known altcoins and make money that way.
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zazarb
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Get loan in just five minutes goo.gl/8WMW6n
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September 19, 2018, 12:08:40 PM |
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In current market price of bitcoin We will likely not see the hype this year, because the market is simply too volatile and there is no price recovery. In the second half of the year everything we have saw was small pump happens then suddenly big dip takes place. Therefore, I was not so optimistic that we will end this year with hype
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Kasabus
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September 19, 2018, 12:49:12 PM |
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In current market price of bitcoin We will likely not see the hype this year, because the market is simply too volatile and there is no price recovery. In the second half of the year everything we have saw was small pump happens then suddenly big dip takes place. Therefore, I was not so optimistic that we will end this year with hype
The ball still rolling and many changes may happen in the coming days before year end. It might be possible that there is no surge happens or it suddenly pump and hype. And if we compared last year trend, there is a huge different and it won't gonna happen again this year.
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hubballi
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September 19, 2018, 12:56:01 PM |
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In current market price of bitcoin We will likely not see the hype this year, because the market is simply too volatile and there is no price recovery. In the second half of the year everything we have saw was small pump happens then suddenly big dip takes place. Therefore, I was not so optimistic that we will end this year with hype
The ball still rolling and many changes may happen in the coming days before year end. It might be possible that there is no surge happens or it suddenly pump and hype. And if we compared last year trend, there is a huge different and it won't gonna happen again this year. Bitcoin is not a pump and dump coin, it has to be getting some solid resources to jump back and in the current scene, their are no chances of bitcoin price getting high. As per my calculation the max it can go is $10k nearby but that too after clearing two resistance of $7000 and $8000 price barrier then only we can see 10k price
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fulmetal08larz
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September 19, 2018, 02:10:46 PM |
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It is possible that bitcoin is gaining back its popularity. My friends are already sending me private messages on how they can invest and gain profit in crypto. Last year, before the uptrend began, there was FUD about China all over the news and social media regarding BTC. This year, movement of big players and whales are making newbies nervous again. I believe Q4 will be the start of trend reversal.
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krauzzer02
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September 19, 2018, 04:19:35 PM |
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We are on the Q4 of the year so we can expect this kind of articles that might possibly fomo the price a bit before hitting the main price surge though don't expect too much that it will be the same again like last year price surge and ATH achievements we may not be going to get there or another record of price might happen by the end of the year, hold your horses and stay alert from the news as always.
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exstasie
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September 19, 2018, 07:33:10 PM |
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Nope. The hype doesn't really set in until long after a bull market is established, when price starts angling towards parabolic.
When large players are accumulating at the bottom, hype is nonexistent. The mainstream media loses interest, newbie investors are completely shaken out from the markets, most people think BTC and altcoins are dead, bears act like they rule the world, and the markets are usually pretty quiet.
That's potentially what's happening around $6,000 right now. If we're at the bottom now, I'd say hype will really set in a year from now, maybe longer.
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ginellis
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September 21, 2018, 09:29:00 AM |
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I really doubt it. Not all reports are going to be accurate. Considering that the 2013-2015 bear market lasted around half a year longer than this one has so far before any signs of bullish recovery came to the market, I think it's safe to say that it's extremely unlikely that we'll see a trend reversal by the end of the year. Sure, there could be potentially a short term rally at any given moment near the end of the year, but I don't believe it's going to be able to be anything long term in terms of flipping the sentiment. It's much more likely that we'll see prices recover as we get closer to 2020 as the halving gets closer. Besides, we may not have actually seen the bottom yet even though prices have settled at $6k or so for the time being, there is every chance that further dips may be coming. Hype will start in the next year because in this day people are not investing in bitcoin and when there is no investment we will see no hype in the price. The more the investment the high will be the price. The less the demand the low will be the price. This is such a simple phenomenon as I mentioned above. We should be patient and wait for good times to come.
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