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Author Topic: Has the crypto market reached its bottom yet?  (Read 18885 times)
blockchain2k (OP)
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February 28, 2019, 12:46:54 PM
 #1

I would like to understand the general sentiment here from people who gather lots of crypto-related info from various sources.
blueteam09
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February 28, 2019, 12:49:36 PM
 #2

In my personal opinion, I believe it is not. The market is slowly increasing every day, but with only a small impact it can reduce 10-40% at any time. I realize that now is not the time for us to celebrate that the market has returned.

cryptoblue77
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February 28, 2019, 12:58:05 PM
 #3

I think that it has reached its bottom and it wouldn't go down even further. If it goes down then cryptocurrency wouldn't survive and that's not going to happen.

blockchain2k (OP)
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February 28, 2019, 12:59:54 PM
 #4

In my personal opinion, I believe it is not. The market is slowly increasing every day, but with only a small impact it can reduce 10-40% at any time. I realize that now is not the time for us to celebrate that the market has returned.

The sideways movements are happening more often and for a more prolonged time, with reduced jumps/falls in the price change amplitude. I am very optimistic about the near bottom for the crypto market.
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February 28, 2019, 01:02:35 PM
 #5

How would it not sound strange, but I would really like to market once more felt the bottom. I understand that now and so a very favorable rate for buying BTC and altcoins, but still hope for a lower price. But in general, I see a positive trend and I think that a new bullish trend will soon begin.

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February 28, 2019, 01:04:57 PM
 #6

No cryptocurrency will not go to its bottom as its starts on the beginning, because everyday even slowly cryptocurrency rising a little bit so its a good sign of recovery of the cryptocurrency market.

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Ostonian
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February 28, 2019, 01:35:37 PM
 #7

Yes, everything will be fine. And the market will fully go up. Well, not immediately of course. It was a very long fall. Many have lost hope. Remained the most persistent.
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February 28, 2019, 01:48:53 PM
 #8

I personally believe that the bottom we have not seen. I think that we should expect a decline to 2 thousand for Bitcoin and a strong market growth at the end of the year


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bittraffic
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February 28, 2019, 01:51:46 PM
 #9


No one can say unless it actually happen, so who knows the price could go below $3k after this bakkt launch. Funny thing here in crypto is that when a project gets good publicity in the media, prices  go down instead of rising up. I sense manipulation when its happening but there is just nothing to be done but watch the price seesaw.

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February 28, 2019, 01:58:48 PM
 #10

It depends on how you calculate it.
The number of cryptocurrencies are ever increasing while the total marketcap is fluctuating.
This behavior presents a decreasing trend of overall price of the average coin.
We are still moving towards the bottom.

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February 28, 2019, 02:01:19 PM
 #11

It has already trying to get up from the bottom. It is at the bottom at the moment. And i hope soon things will go up for the crypto industry and the bounty hunters that are associated with it.
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February 28, 2019, 02:01:34 PM
 #12

The only answers you will get from this question are mere speculations. No one knows for sure if we have reached the bottom. I remember last year. Experts gaffed by predicting that we had reached the "bottom" only for it to go dipper after buying more coins.

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February 28, 2019, 02:02:53 PM
 #13

The eternal question that constantly worries the hearts of impatient people who are constantly trying to lose their money in a stubborn fight with their greed. This path always leads to one place. I think that everything will be exactly as I think.
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February 28, 2019, 02:03:38 PM
 #14

Still same pattern like throughout last summer, but the dips are getting bought in shorter time frame since a few weeks, so I'm pretty bullish now.

Accumulation going, slowly grinding upwards.
a4illusionist
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February 28, 2019, 02:05:01 PM
 #15

It seems so. The crypto industry are showing strong resistance at this point and that is a clear sign that its the bottom. And if things don't go any bad then it is a big possibility that we might see the bull run soon.

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February 28, 2019, 02:05:13 PM
 #16

We should even consider the evolution of crypto market.
Putting every scam coins, dead coins with new tokens and securities coins won't present any clear picture.
Every of these coins and tokens need to be evaluated differently and as a whole.
Crypto market is evolving toward betterment.
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February 28, 2019, 02:11:29 PM
 #17

I would like to understand the general sentiment here from people who gather lots of crypto-related info from various sources.

Sentimentally I will not wish to see the bitcoin with the going down and bottom price instead I wish to see the bitcoin to reach its maximum price value. Lets wait and see is there any possible bull run falls on the upcoming month. It will help every crypto hodlers to change as a millionaire again.

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February 28, 2019, 02:14:35 PM
 #18

I think the bottom we're looking for is when all the cryptocurrency has no value at all but for now this is just a "bear market" for what they called it and most of the investors are panicking about this scenario but for me it's just an opportunity to start an investment and a great entry to enter in trading industry... well some people are panicking about the bitcoin because they thought it's in the bearish price but they didn't probably know how much is the bitcoin when it starts.

Awesomus Maximus
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February 28, 2019, 02:16:46 PM
 #19

Nobody knows that. The experts that pretend they know also don't know. I tend to believe the market is being manipulated by a handful of whales who actually decide which way we are going. Besides that, there is also a possibility to have some important positive or negative news that will propel the price up or down. Very long term we are bullish for sure, but short term your guess is equally good as mine.
Xalata
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February 28, 2019, 02:24:00 PM
 #20

Seriously i don't want to be on the predicting side anymore because it seems it does not go our way anytime we say so. $3k was never part of my description of the bottom of crypto market yet we sank very low to that level. Currently some crypto analysts are predicting again that we may sink to $2k which is not something i wish to see happen but nobody can actually be sure about the trend of bitcoin. it's all based on guesses so let's be patient and see how it goes this time around but i believe the bottom will be locked within $3k.

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