Crypto market in depression

[Crypdon]

The scale of this dump is really shocking, the panic sellers are really fleeing led by by the bitcoincash team. I hope they are proud of themselves for destroying crypto

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[AlyattesLydia]

I think the market is too early to talk about it. I believe the price will fall further down. There might be a recovery afterwards. That's how many years we can't predict. I hope 2019 is a good year for us.

[Vinal1953]

Indeed the crypto market is going down pretty fast.In my opinion tho, the fastest way for the market to recover is to give importance to some innovative projects like the gaming ones.Everyone is playing games nowdays we have to admit this, so some good project related to this can make the difference and the coins that relays on this will be huge soon enough.If those projects evolve, the whole market will do. Think about it!

[jan.nicolas]

It seems to me that the word depression is too soft a word for the current situation, because in general the situation requires you to be very panicky, I think that you should understand the scale of the danger.

[Sri rahayu]

I think the market is too early to talk about it. I believe the price will fall further down. There might be a recovery afterwards. That's how many years we can't predict. I hope 2019 is a good year for us.

I also hope like that, but how will the market recover if many investors panic? Many factors cause this market, one of them is a lot of new project fraud, the fraudster sells the results of their fraud blindly, because they invest not using their own capital, so even though they sell cheap, it doesn't matter to fraudsters. IMO

[freedomforever]

The market is like human lifes. There is ups and down in the market too. So if the market is in depression, it means it will be stronger and revive with power it has never had.

[Adecrypt83]

For the remaining part of this year, I don't think there will be any significant change in the market. For some months now, everything in corrective position and this does not seem to be ready to stop now though there will be a little increase but I don't it will last for long. Let's brace for next year and forget about the remaining part of this year.

[Teal Deer]

Fundamental factors to reduce the bitcoin exchange rate and alikhonov no one still does not see, only manipulative. I believe that this phase of correction will last approximately 1.5-2 weeks. Of course, you can rebound sooner. But the horizon needs to begin to reverse the upward movement. And then it's just a question of whether it will be corrective to the fall, and then down further, or we will break 6500 and the New Year and go to 10-15K.

[Scientest]

Maybe or it may take more than 1 year to recover the current crash. As per my assumption, bitcoin will have a little more downward trend and after that, it will start to recover slowly which is a good sign for a long-term holder. That's what I am thinking right now. There is no sign of having a huge bullish now.

[copyfile]

I think all of this someone planned, as there is no smoke without fire. To the current situation, I have quite calmly and without much surprise, as this year the coins are again falling in price. Of course not to this level as it is now, however, it has developed my immunity. All will be well, growth is bound to be, the only question is when??

[sourish]

It is in depression, and impossible to predict anything as of now, but a bright future is a given, so dont panic just yet.

[pufenduy]

The depression lasts already during the whole year and there are still no signs of recovery. I hoped that maybe we will see some changes till the end of the year, but the only thing that we can recognise at the moment is a huge dump.

[none of us]

surely we have to wait a long time for the crypto market to recover. currently, i see no chance that the prices will rise so quickly. apparently we have not reached the final ground yet. i am curious, in which the good coins prices level off.

[Cryptomilz]

The scale of this dump is really shocking, the panic sellers are really fleeing led by by the bitcoincash team. I hope they are proud of themselves for destroying crypto

Those two should bury themselves in shame for being the architects of this crash and causing people to be depressed from losing so much in a short while. Now to worsen things, the BAKKT that every expecting is happening till 2019, all hopes of a bull run in 2018 go with the wind. Quite sad

[Louis21]

Am still very bullish in the future of bitcoin and Altcoins, though many are regretting now but this won't last forever. The best thing to do for now is to continue to stay positive and patient till things comes bullish.

[babsjoe]

Downtrend is what usually create opportunity for new investors and savvy ones! I do not think cryptocurrency is in depression, there is however deserters selling lots of coin. But I am not too worry as sellers will be replced b buyers!

[MirclIX]

I see that the market is really in a state of depression, but I think there will definitely be a way out of this state. Crypto currencies will go up and everyone who waited for this bad time will be rewarded with good profits.

[Altryist]

But how terrible it is, but it seems that the market really goes into deep diplomacy. Now, even in a panic, there is no sense to sell, since all that holders have is turning into tweaks. Now only the strongest ones of her faithful will wait for the growth of the market, all the others will leave.

[transformt]

most are now beginning to sell in panic and there is no consumer power in the market at all. as always the time will come and one buyer will buy everything and raise the price up

[chakhigh]

We can't expect anything! So let's face it ..no one can know how many days or months it takes to recover.. Please let's stop making mere prediction and let's pray for it to recover. Yes, you can laugh outloud, but believe it or not, praying is the key for recovery! It is faith and patience.

Plus backing the crypto asset value with precious metals and protection of crypto wealth, we'll see more good adoption long term. It is all about avoiding the volatility and vulnerability. Gigzi is the answer and it can grow the adoption and relieve depression: https://gigzi.com