hard dump=hard bounce?

[mwaqar17]

No one knows what is happening. Some have view that 2018 is the correction year for crypto currency market and some are saying that we should have more patience. So that market can recover and we may have some benefits from our investment, totally confused

[Boctok]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I think not really, if the cryptocurrencies lose too much it doesn't mean that it will rise in the same way as it lose. The only thing I know that can influence the growth of the market is the investors and the HODLing of the cryptocurrencies that we have.

Do not exaggerate the role of investors. Think about trading in general ... Stock exchanges for that every day someone would sell and someone would buy crypto

[Bitkoplak]

a friend said that this was caused by Hardfork BCH, but I did not understand the point, and the price really reached its lowest point

[Hanebel]

No one knows what is happening. Some have view that 2018 is the correction year for crypto currency market and some are saying that we should have more patience. So that market can recover and we may have some benefits from our investment, totally confused

I found this article on the web. https://ambcrypto.com/bitcoin-cash-bch-chain-is-70-controlled-by-craig-faketoshi-wright-as-bitmain-prepares-to-deploy-90000-new-miners/ There are those who actually believe what's happening, esp the very sudden dump, was in relation to BCH hard fork.

[tanvir232]

No one can certainly say what will happen. Anyway, if you have a look back in November 2017, we had the same dump suddenly right before the huge bounce and ATH to $20k for BTC. So, I think it as normal and the market will have a bullish moment after some days. For ETH, it is quite possible to get back in $500 within the next month but I still consider ETH as risky just because it already has down to #3 in coinmarketcap.

[Denies]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

ripples being the second at this time, ethereum drops again deeper
hahaha this is ridiculous. I think manipulation for ethereum always happens
it can even go down even further in the next month. we just watch what will happen towards the end of the year.

[Tasiril]

I also believe if there is hard dump after there should be hard pump. But with this market condition i afraid about it. Still market is  finding the bottom. everything is upon to traders mind.

[feelideb]

Hard dump hard bounce should be the norm but the present cryptocurrency is absolutely unpredictable as there are many uncertainty and volatility. If any coin should bounce right now, it will be an exception instead of norm!

[Mypanara19]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I have read from the social media gc that the cause of the dump for bitcoin is because of the bch hard fork and not because of the whales manipulating the price. The price downtrend will be of short period as what they are talking about in the gc and the value depreciation is just a normal occurrence in any trading investment. We just have to be patiently wait for the recovery of the value of bitcoin hopefully sooner.

[kendra1107]

This may actually be one of the possible effects of a dump. The bounce may happen very soon as ETH may be building a momentum before it kicks off again. ETH is still a top coin despite the few falls. But of course, what fell can bounce back up to a significant value. Let's just hope it happens soon.

[supine]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I guess the dump was due to the BCH fork, normally market dumps everytime there's a hard fork. I am sure there will be a hard bounce after a weeks since we are almost at the end of the year. Let's hope that the market will somehow be favorable for both investors and holders since most of us had already lost a lot of money this year.

[timmmers]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I guess the dump was due to the BCH fork, normally market dumps everytime there's a hard fork. I am sure there will be a hard bounce after a weeks since we are almost at the end of the year. Let's hope that the market will somehow be favorable for both investors and holders since most of us had already lost a lot of money this year.

But it is not typical that the whole crypto market dumps when hard fork is coming. Only Bitcoin Cash should dump, so I do not understand why are you talking about it. Could you tell us more?

[Diva1993]

As much as I would like to shake my head vigorously in the affirmative, one thing I know for certain is that the cryptocurrency market is very volatile and largely unpredictable, it can swing any way at anytime.

[Bomber007]

If I could judge from past experience, I would say that we should expect a hard rebound soon because studying the crypto market in past years, all indications show that December is a very favourable month for Cryptocurrency.

[Anna Borisovna]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

some news to which yesterday’s failures are tied, but I don’t think it’s news, it’s more like targeted pressure down

and it also seems to me that it looks like a rebound for acceleration, before growth.
I want to hope

[farlack]

This may actually be one of the possible effects of a dump. The bounce may happen very soon as ETH may be building a momentum before it kicks off again. ETH is still a top coin despite the few falls. But of course, what fell can bounce back up to a significant value. Let's just hope it happens soon.

You have to hope and stay together without panicking. ETH is perhaps the first will go up, but not the fact. XRP is likely to take the first step to the top.

[jacksonhen]

What caused the collapse?
Just think about it, less than 24 hours ago, it was possible to sell the BTC on a thousand dollar higher. Probably, it is impossible to define why “the foundation was cracked” under the cryptocurrency, as for the example it can be done in a regular market. In the digital, the effect is first  seen and only than the reason becomes known.

Reason #1: Contagious effect
Reason #2 : Direct correlation
Reason #3: Global Bitcoin influence

What should do the owners of cryptocurrency: sell or wait?
It depends on the inner aspects of each owner. Even when the course is rising – it still have cycles of fall.

https://thecoinshark.net/three-hellish-days-for-cryptocurrency-reasons-of-the-fall-of-the-currency-and-what-to-do-next/


This is a good article to understand what is happening.

[Who I]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I don't think it was any news that affected the fall. The rebound was not strong, so I see no reason to panic and prepare for war with the bulls

[Reid]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I am trying to be positive and that is how I think by now.
With so much dump, a pump will have a larger possibility. So maybe, we could expect that.
I am just trying to speculate here and maybe because it mostly happens.

As of Ethereum, it had been dragged by the dump of most coins specially bitcoin. But, this kind of bounce is happening like 3 months by now. So it is just normal.

[piebeyb]

Eth went as low as $177 today from $223 just almost a week ago and almost every coin in the market are bleeding. Does this hard dump signals the hard bounce or possibly the bull approaching? Or did i miss some news. I am just so curious.

I am just analyzing that ETH prices will be much lower at the beginning of next year, I have predicted this from far away, off the train and I am ready to buy it back when ETH prices touch below $ 100