mummybtc
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November 27, 2018, 06:30:01 PM |
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There a lot of factors responsible for this.
1. Investors unrealistic demands from the developers 2. Greed on the part of the developers, valuing their project more than the market value 3. Exchange Manipulation (Bitmex) 4. Whales (Shaking out weak hands from their positions)
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karthcrypt
Member
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Activity: 266
Merit: 10
“Revolutionising Marketing and Loyalty”
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November 27, 2018, 06:37:11 PM |
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I think cryptocurrency value rise moved to fast! The last year rise in value of cryptocurrencies across board attracted a lots of bad pr especially from those who felt left out and those that were threaten by cryptocurrency success. I hope cryotocurrency will grow organically to adoption and maturity!
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MisO69
Legendary
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Activity: 1946
Merit: 1005
My mule don't like people laughing
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November 27, 2018, 06:49:38 PM |
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After 2013's pump there was a 1 year bear market and 2 more sideways. Why would this be any different? Wait a few years and maybe the markets will moon again.
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Gasolindance
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Activity: 280
Merit: 10
yamzu
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November 27, 2018, 07:08:55 PM |
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I just don't know. I had watched about situation for months, and I can't find really particular reasons. Cryptocurrency really out of control.
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go4crypto
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November 27, 2018, 07:18:25 PM |
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Crypto Market has gone through a full boom and bust cycle. The next boom will begin once all the weak hands have given up and nobody left to sell.
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hubballi
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November 27, 2018, 07:28:26 PM |
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Crypto Market has gone through a full boom and bust cycle. The next boom will begin once all the weak hands have given up and nobody left to sell.
That is why market is creating panic situation and now the last panic selling will happen and market will reach nearby $3000 price and then we can see boom in market.
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Eildosa
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Activity: 572
Merit: 10
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November 27, 2018, 08:00:09 PM |
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It's logical. After ever growth should fall, after the fall of growth. Now just selling crypto prevails over buying, so the market continues to decline. But this is not the end. When large investors join, the situation will change.
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catterpillar07
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Activity: 224
Merit: 10
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November 27, 2018, 09:24:29 PM |
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Red red and red. The same picture everyday and I don't see how it will be bettre even if some new large money will come today. I am selling part of my coins now
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Kasabus
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November 27, 2018, 10:55:03 PM |
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Crypto Market has gone through a full boom and bust cycle. The next boom will begin once all the weak hands have given up and nobody left to sell.
It is just a ridiculous way, we also think that manipulations is getting strong and might be the cause of all the dumps. But I'll still believe a lot of people still holding their coins and they absolutely waiting for the market recovery and then sell.
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drlukacs
Sr. Member
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Activity: 854
Merit: 253
l0tt0.com
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November 27, 2018, 11:24:49 PM |
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Crypto Market has gone through a full boom and bust cycle. The next boom will begin once all the weak hands have given up and nobody left to sell.
It is just a ridiculous way, we also think that manipulations is getting strong and might be the cause of all the dumps. But I'll still believe a lot of people still holding their coins and they absolutely waiting for the market recovery and then sell. At the bad situation of the market now, holding is the best action to get high profit in the next year 2019, when the market can improve. The crypto ideal for long-term holding is BTC, ETH, XRP, and EOS.
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Visteryy
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Activity: 322
Merit: 10
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November 28, 2018, 12:16:11 AM |
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Today's currency is cryptocurrency and we are fortunate that we are the one who chooses them to invest. We can get the profit from investing in the crypto currency that brings us
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batang_bitcoin
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November 28, 2018, 12:37:53 AM |
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After 2013's pump there was a 1 year bear market and 2 more sideways. Why would this be any different? Wait a few years and maybe the markets will moon again.
Today, it's different people tend to think of the last bull run and all they ask is "when moon?". All they think that the market will just go along with what they are expecting immediately. But with such news, these recoveries can take few more months just for it to recover and giving a timeframe for about a year to recover is also a good mindset for better holding.
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pageraji
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November 28, 2018, 01:52:58 AM |
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Today is good time may be best time to start investing in bitcoin or altcoin, if you interested in long term investation i think this week is real good time to buy more coin.
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starblocks
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November 28, 2018, 02:24:31 AM |
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Not only was it oversold from last year but there was still a lot of speculative value remaining in the market that has now withdrawn its positions due to various reasons including uncertainty over the future of cryptocurrency and a lack of regulation to protect investors which has caused not so savvy investors to leave in droves
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marcbitcoins
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November 28, 2018, 02:35:28 AM |
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Like other traders, I'm curious as to why the Crypto market is as bad as it is today, is there a particular reason?
The market becoming more and more difficult as many crypto users are losing their hope and confidence in this investment as they have waiting for a long time that until now there is no sign of a healthy market. If this market performance will continue until next year then expect the worst as many more will leave this investment in dismay.
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VadikZimnyayaRezina
Full Member
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Activity: 490
Merit: 100
MenaPay - Crypto made easier than cash
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November 28, 2018, 06:50:49 AM |
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Like other traders, I'm curious as to why the Crypto market is as bad as it is today, is there a particular reason?
I wonder how much time a person needs to spend in trade in order to understand all the problems of the market. And every day the requirements for it increase, but he doesn’t solve anything, which can lead to bad consequences.
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anafiene
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November 28, 2018, 07:33:56 AM |
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Indeed, seeing the crypto market is currently full of many declines so many investors are using this opportunity to invest. Collecting coins now is indeed good and has benefits later.
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ropyu1978
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November 28, 2018, 09:34:23 AM |
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Like other traders, I'm curious as to why the Crypto market is as bad as it is today, is there a particular reason?
I think you can read in many threads in this forum about what happened specifically in this month. this jump always has a cause, and this accident happened because of claims of fakeshatosi and problems with dev bch
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Vit83
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November 28, 2018, 12:44:29 PM |
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IMHO all this because of overpriced projects here, most of them don't have real usage but cost billions. Crypto must return to the beginning with small projects with great ideas, not just another Asian blockchain.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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November 28, 2018, 12:50:55 PM |
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It is kinda debatable. I dont invest in bloody days because rules by trading coach is clear: If you cant see clear line of sight in financial market stay away. Cryptocurrencies are dangerous nowadays because off short sellers. So much hype is threat to this business model.
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