Current Market state

[whirlcoin]

Current Market state

During last week the crypto market had a surge in the price of cryptocurrencies that allowed major cryptocurrencies to gain significant momentum and recover from losses. In addition, the total market cap reached $121.3 billion during the last week.

ICObench Weekly Digest #6 is ready, here are the main quotation and insights:

1️⃣ QuadrigaCX is unable to access the company’s “cold wallet” funds on founders encrypted computer

2️⃣ BitTorrent token sales sells out in under 15 minutes, makes over $7 million

3️⃣ Facebook reportedly acquires blockchain startup

4️⃣ Venezuela’s new crypto legal framework

5️⃣ CoinGate enables native Ripple payment option for merchants

Weekly Digest #6 https://icobench.com/digest?utm_campaign=im2019wd06&utm_source=bitcointalk

the current market is not stable that's why the developed countries affected by this because the Huge Bull Run is available right now to attack every cryptocurrency to be developed if it is possible the value of everything is also increased to get better life.

[gabmen]

If you're stating a reliable fact then we could say that bitcoin growth is going straight to a better path. A lot of us are hoping for the best development for cryptocurrency especially bitcoin and these are good indications that the market is going well. It's positive news for crypto enthusiasts.

Legit. Well better than a few months back of course. We're staying quite strong just around the 5k area which isn't that bad considering where we came from. A lot of people are hyped and positive about the latest developments.

[Lawrenzoo]

Current Market state

During last week the crypto market had a surge in the price of cryptocurrencies that allowed major cryptocurrencies to gain significant momentum and recover from losses. In addition, the total market cap reached $121.3 billion during the last week.

ICObench Weekly Digest #6 is ready, here are the main quotation and insights:

1️⃣ QuadrigaCX is unable to access the company’s “cold wallet” funds on founders encrypted computer

2️⃣ BitTorrent token sales sells out in under 15 minutes, makes over $7 million

3️⃣ Facebook reportedly acquires blockchain startup

4️⃣ Venezuela’s new crypto legal framework

5️⃣ CoinGate enables native Ripple payment option for merchants

Weekly Digest #6 https://icobench.com/digest?utm_campaign=im2019wd06&utm_source=bitcointalk

these lined up projects are more than enough to cause a serious high tide in the price of BTC, i am happy to see this and many more of them still on their way and i believe that the sky is the limit of cryptocurrency this year, especially that of BTC.

[Godday]

If you're stating a reliable fact then we could say that bitcoin growth is going straight to a better path. A lot of us are hoping for the best development for cryptocurrency especially bitcoin and these are good indications that the market is going well. It's positive news for crypto enthusiasts.

Legit. Well better than a few months back of course. We're staying quite strong just around the 5k area which isn't that bad considering where we came from. A lot of people are hyped and positive about the latest developments.

until now there are still many people's views about crypto that are positive. because they still believe that crypto will eventually increase again with time. although crypto is slowly growing, many people support crypto to grow.

[mersal]

The balance needed here to stay the Crypto market more develop today situation because if there is no stability in this situation the value will definitely fall and up at that time people don't think the Crypto market will not suitable for us then and there is a lots of problems will be happened to reduce the value in the development.

[mangsitin]

The current condition is to wait for the price of Bitcoin to return to $ 6500 and so on, because now prices have gone up very well, and expect prices not to fall back. 

[mrdeposit]

If you're stating a reliable fact then we could say that bitcoin growth is going straight to a better path. A lot of us are hoping for the best development for cryptocurrency especially bitcoin and these are good indications that the market is going well. It's positive news for crypto enthusiasts.

Legit. Well better than a few months back of course. We're staying quite strong just around the 5k area which isn't that bad considering where we came from. A lot of people are hyped and positive about the latest developments.

until now there are still many people's views about crypto that are positive. because they still believe that crypto will eventually increase again with time. although crypto is slowly growing, many people support crypto to grow.

The next move will be more important for further decisions. For now, being $5000 making it difficult to make decisions. But developments in adoption and the revival in the market is a good environment for better prices.

[Natalim]

The current condition is to wait for the price of Bitcoin to return to $ 6500 and so on, because now prices have gone up very well, and expect prices not to fall back. 

There is no doubt that we can achieve that price once again, $6K was the price where we dump hard and if we can reclaim that again, I think
it's going to be better going forward. The first half of the year will surely be better compared to last year, we can once again enjoy the FOMO by the newbies.

[wuvdoll]

I really guess that the quadriga thing will never be solved at all, I mean its on cold wallet and how do you really reach into the cold wallet without getting some information at least. If it was possible than everyone would have hacked into each others wallet long time ago, since nobody can really hack anyone's wallet in bitcoin world than we can safely assume that this one won't be the first case ever.

If they somehow figure out some clues or find some passwords somewhere than they have a chance but its not going to happen anytime soon. If they somehow figure out a way to solve that puzzle and get that money I am afraid that they will sell everything in there and turn it into fiat to pay the customers and get away with this, they do not want to continue, they want to be done with it.

[sana54210]

If you're stating a reliable fact then we could say that bitcoin growth is going straight to a better path. A lot of us are hoping for the best development for cryptocurrency especially bitcoin and these are good indications that the market is going well. It's positive news for crypto enthusiasts.

Legit. Well better than a few months back of course. We're staying quite strong just around the 5k area which isn't that bad considering where we came from. A lot of people are hyped and positive about the latest developments.

These developments the OP posted are still on their earlier stage and we have already gain a significant increase on the Marketcap from the time the OP posted this to no, now we have to imagine what will really be the case when this projects are then fully developed and launched, this should be a very great assurance to crypto investors and lovers that are yet to invest to believe that, the future greatness of Bitcoin cannot be overlooked and it will be too big to comprehend when the time comes, Most of us who have BTC already should continue HODL, while other lover still has a good entry point now.

[3core]

The current condition is to wait for the price of Bitcoin to return to $ 6500 and so on, because now prices have gone up very well, and expect prices not to fall back. 

When will that be, there have been a lot movement between the $ 5000 - $ 5400 price, It not certain that there will be a movement beyond the $ 6000 price before the middle of the year.

[okala]

Well we can not ascribe the recent rose and stability of Price on any event as you have mention because a research by binance team show that institutions own only 7.0% of the total percentage of investors on the cryptocurrency market so Facebook activities can not result in the current market surge.

[Kemarit]

Obviously, a lot had happened since the OP has posted this one. He/She enumerate a lot of positive news, but the market didn't move until after April Fools when some big entity suddenly pour a lot of cash in millions and move the price +$1000. It only means that there is still manipulation and it will be part of the ecosystem no matter we like it or not. Of course positive news will do good, but it there's no one who is willing to ride the news that the market will not felt the effect.

[GregH37]

Obviously, a lot had happened since the OP has posted this one. He/She enumerate a lot of positive news, but the market didn't move until after April Fools when some big entity suddenly pour a lot of cash in millions and move the price +$1000. It only means that there is still manipulation and it will be part of the ecosystem no matter we like it or not. Of course positive news will do good, but it there's no one who is willing to ride the news that the market will not felt the effect.

What really made many of us really conclude that the spike on the 1st of April was that of manipulation, what if it was just a coincidence and we really got a genuine investor that simply decided to store up his or her fund in cryptocurrency as saving for the future.

We should not fail to remember that $1000 didn’t just suddenly add to the value, the spike was fast but FOMO was what made the price speed up more, as we have many investors thinking the bull run had come and started investing more which I also did. So, it is not every time I see a big increase that I see as manipulation.

[fiulpro]

This is just the starting to be honest, even in the past situations we have seen the price to decrease till it hits the ground and stay there for over a year , and then the price climbing to the best thing we could ever imagine 😂

I think this is not any major event but a minor upsurge in the market making room for the other big ones, the whales are just getting back and it will henceforth take the time to stabilize, also it's just April and we can expect the price to upsurge till November,, because at that time people are into investing at the end of the year.

[Oceat]

This is just the starting to be honest, even in the past situations we have seen the price to decrease till it hits the ground and stay there for over a year , and then the price climbing to the best thing we could ever imagine 😂

I think this is not any major event but a minor upsurge in the market making room for the other big ones, the whales are just getting back and it will henceforth take the time to stabilize, also it's just April and we can expect the price to upsurge till November,, because at that time people are into investing at the end of the year.

Some rumor I've read in some articles that starting in May until August the price will start to grow beyond to its last ATH. This is just a speculation of someone who always talks about predicting the Bitcoin price in the future, yet none of them getting close to the real price.

I still doubt if the bull run would start this year because the halving will be happening next year. So there must be some adjustment to follow here before they go jump and start the bull market.

[playbtcgame]

The market is very red currently due to unaummountable dump in the coins. Coins that was worth in the past few years is nothing currently.

[TravelMug]

The market is very red currently due to unaummountable dump in the coins. Coins that was worth in the past few years is nothing currently.

Are you a bot or what? What charts are you looking at?

As far as I know and based on coinmarketcap almost every coin is going green dude.

I guess you really need to check everything before replying so certain thread because it really looks like you don't have your facts straight. I advise you to go back and check the price for yourself right now and come back again.

[aad140386]

Of course, I really want to believe that the market is gradually moving into the bull phase, but I still think that there will be another fall in the area of ​​$ 2500-3000 for Bitcoin. First we will reach 6000, and then we will start falling again. Well, I think so for some reason. Although it should be noted that the last month the volume of trading is growing and it is quite possible that we will not see such a painful drop, but I still keep cash so that I can buy more if the bottom is updated. In addition, a pleasant trend is now being observed in the IEO, which gives new life to ICO projects.

[raven7886]

This is just the starting to be honest, even in the past situations we have seen the price to decrease till it hits the ground and stay there for over a year , and then the price climbing to the best thing we could ever imagine 😂

I think this is not any major event but a minor upsurge in the market making room for the other big ones, the whales are just getting back and it will henceforth take the time to stabilize, also it's just April and we can expect the price to upsurge till November,, because at that time people are into investing at the end of the year.

I agree with you that we have just started the beginning of price surge for Bitcoin, all the challenges that needed to arise has already been solved in the first part of the year and from now on, I think the rice will continue to surge like you said, and majority of these price surge will come through some of the listed projects that the OP wrote in his post.

If we are to be realistic, I think the bull is not expected to occur this year but we can be sure of getting a very good profit from any investment we did when the price of BTC bottomed, so we still have lots of months ahead of us to make big profit as the, market continues to become greener and greener.