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Author Topic: What is the current situation of the crypto market now?  (Read 1201 times)
Wafilian (OP)
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November 24, 2018, 05:35:46 PM
 #1

The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.
teilwalL05
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November 24, 2018, 06:49:09 PM
 #2

Unpredictable As always this is what I see with the market of cryptocurrency in the bearish market that can last even next year I think we need to be prepared for the outcome of dropping even in the value of $2000 mark but any further than that is not gonna happen, Because I really think that is the floor for the price of bitcoin considering the market right now we should keep on holding and buy in the midst of the cheap price that we had.
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November 24, 2018, 08:12:03 PM
 #3

Unpredictable as always.. We don't know when the market will recover, or if it will. I think that even if there is a recovery it won't be in the first half of 2019. If institutions come and save us then it won't be for a few more months and it will take time to see the effects of that.

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November 24, 2018, 09:21:30 PM
 #4

The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.
You can see it boldly, yes there will be no rise for this year and that's just acceptable. World market is affected and we are part of it, there's too much money that came out from all these markets including cryptocurrencies.

And as for next year, there are some good news that awaits for us like these;

Newsflash: NYSE Owner Delays Bakkt Bitcoin Futures Launch to 2019

Overstock To Sell Bitcoin Through Its Website In 2019 With Bitsy Wallet

ashmodeus
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November 24, 2018, 10:46:36 PM
 #5

The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.


yes , probably
since we see from may to now ,
market cap , decrease constantly.
i say this year is no hope to raising,i guess.

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November 24, 2018, 11:02:22 PM
 #6

its unpredictable as usual.... i see many promising altcoins, so hoping to have good profit in 2019
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November 24, 2018, 11:08:25 PM
 #7

The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.


Oh, the cryptocurrency market has been dramatically decreasing. The price of BTC and ETH has dropped more than 10% just 1 day. I think the recovery of this market this year is ambiguous, If the situation of the market continuously decreases in the next day, I think I will sell all cryptos.
Lighthouze
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November 24, 2018, 11:29:55 PM
 #8

The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.


The market can remain bearish more than it can become solvent. Unpredictable is when the market will actually bounce back, could be this December, could be 2019 or later, no one knows for a certainty. Right now there no positive indicators of anything major happening.

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November 24, 2018, 11:44:16 PM
 #9

Cryptocurrency is volatile decentralized, well difficult to gives any suggestions regarding this current situation of the market all we need to do is wait for while the value is continue to down fall because opbitcoin is unpredictable currency, patience and selfcontrol to avoid panic to make wrong decision.

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November 25, 2018, 12:08:28 AM
 #10

The crypto market is in a state of depression at the moment and a lot of uncertainty surrounds it. There are no signs the market is picking up steam anytime soon, and rather than hear anything positive, all we read lately are news items predicting further price dips in BTC having broken several support lines and prices, meaning we're still going down.
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November 25, 2018, 12:21:56 AM
 #11

Last year's mega bullish market was a great thing that happened because of many aspects.
Main things that caused the last year's success story were: everyday hype from the media, inflated prices with Tether (USDT) and "stupid money" from ordinary people who hoped to get rich overnight.

There is a saying here that goes something like this when translated: "You know it's time to sell IT when your cab driver tells you about IT and how IT makes you rich".
IT can be anything that is some new and trendy thing that brings money in. For an example, last time it was crypto. A lot of people were telling about cryptocurrencies in December 2017 and how they sold everything they had to but cryptos. That right there is a HUGE RED FLAG.

This exact thing screams that the bubble is bursting at any moment.
And that's exactly what happened.

The current situation is a hard one to fix, people got burnt and they got burnt hard. I can only see the market starting a new bullish cycle when BTC falls lower strongly and people get this new sensation when investing - hope.


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November 25, 2018, 02:00:15 AM
 #12



I think that people involved with cryptocurrency are mostly shocked to see the latest BIG DIP affecting all the market. And in my newbie's point of view this thing happened for no big reasons at all...it is just the market souring on cryptocurrency. In fact, there had been no big bad news related to cryptocurrency but many little good news even appeared. This is just one of the many unpredictability of this market that many times can defy technical analysis. I am hoping though that next year can be a better market for Bitcoin and the rest of the altcoin gang.
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November 25, 2018, 03:07:43 AM
 #13

It is basically time to buy however I agree it is unpredictable because dip can happen anytime again. I really don't know what's happening if this is just a manipulation or what but one thing that I can sure of, something big is going to happen anytime soon or probably next year.
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November 25, 2018, 03:48:36 AM
 #14

Crypto is moving downhill and this is very worrying but there will be a better correction. I think the market is depressed which makes a lot of worries and must be faced to be better later.

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November 25, 2018, 06:25:11 AM
 #15

The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.

So positive news may not be in the next year either. One thing is clear that the bottom of the coins is approaching and there will be no eternal recession, another two months and then, I would like an equally rapid rise.

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November 25, 2018, 06:31:23 AM
 #16

I think the market is experiencing depression which makes a lot of worries and must be faced to be better later. Cherrypto moves down and this is very worrying but there will be a better correction.
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November 25, 2018, 07:33:23 AM
 #17

Studying the crypto market is indeed not easy, to predict the current situation is also difficult. But we will learn and look at bitcoin in the past, where bitcoin fell a few months and will rise again later and when the value starts to increase, the crypto market will be crowded and many will return to compete.

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November 25, 2018, 07:53:47 AM
 #18

The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.

Such another sharp fall in Bitcoin and other cryptocurrencies as a whole will have a very negative impact on the future state of the cryptocurrency market. And due to these price events, I think that the price of Bitcoin will not grow very high. In any case, I do not think that Bitcoin will ever reach the price of even $ 50,000. Investors will already remember the possibility of a sharp fall in the cryptocurrency market and are unlikely to continue such a risky game.
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November 25, 2018, 08:11:56 AM
 #19

the current situation at the exchange is very sad, there are a lot of falling cryptocurrency prices and a lot of traders are losing money because they panic too easily to sell their assets at cheap prices and make the price at the exchange collapse like this.
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November 25, 2018, 09:47:10 AM
 #20

The sad condition, many altcoins are plunging as well as bitcoin is down like uncontrollable, the current market is very worrying and many are losing, each team of developers has not been able to overcome this, at least to survive and not go down again.

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