Xenrise
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March 16, 2019, 05:12:42 PM |
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I don't think the real investors are coming back to buy more bitcoins. It's because of fear. People lost their hope in investing in financial market especially in cryptocurrency, because of it. The fear of the downtrend. The fear of volatility. The fear of bitcoin as a bubble. And of course fear of losing lots of money ever since the fall.
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Bitcoin_Arena
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฿itcoin for all, All for ฿itcoin.
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March 16, 2019, 08:36:17 PM |
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bitcoin volume exceeded $11 billion in 24 hours observation from last year April. We can say almost one year. However, we can't see much effect on price although there was little pump. But April 2018 bitcoin was traded approx $8K but currently trading approx $4K. Is it sign of bull run ?
Am a strong believer of bitcoin and I know sometime soon, it's price will rise again the 24-hour volume rise is not conclusive enough. We very well know that late last year and early this there, there was this exchange ICO trend. There are currently lots of shitty exchanges out there doing wash trading so that they can seem have very many active traders thereby leading to an exaggerated BTC volume lately. That's why the 24-hour volume could be past $11 Billion but nowhere near $8K
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kaya11
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March 16, 2019, 09:15:03 PM |
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They never left the circle, they've just sat around for a year and watching, aiming for a right time at the right spot to buy back. Put it in yourself, did you really go somewhere else for to to say that you have comeback? The answer is no. We are still here and hopefully waiting for a miracle. If there are investors coming back, it's the new one. So we could say Bitcoin investors are adding up again.
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lornadane
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March 16, 2019, 09:19:35 PM |
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Bitcoin volume has been increased than last year. This is a very good sign but I am not able to expect the bull run by seeing it. Therefore people stopped talking about the bull run, everyone wants a good stable price for the bitcoin and it can be 8K USD or less! But this is good news for the HODLER indeed!
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Pumared
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March 16, 2019, 09:59:05 PM |
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I do not think they are new people, but rather people who already know the market and are investing a good amount of money. New people are pretty rare by now.
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teejayrichard2
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March 16, 2019, 10:23:07 PM |
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If investors are coming back, then it is indeed a good thing for HODLERS as this means soon enough they will get to make enough profit from their investment. Also it shows bitcoin is being accepted and adopted for use in different places. I believe in the bitcoin ideology and that bitcoin will get to the highest of heights. Bitcoin will surely bounce back soon enough.
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jhonjhon
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March 16, 2019, 10:32:47 PM |
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In my opinion if trade continues for a few days with this volume, it will increase. I do not know whether the article is correct or not, but with these developments it is closer to the truth.
The positive response by the market it simplifies that there is a mass adoption with crypto and to look more on Bitcoin which helping the entire market moving upwards again. With this positive impact, I may also suspecting that we are nearly into the bull run event. It may be needing more volumes to help it out finally.
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jojohamasa
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March 16, 2019, 10:44:17 PM |
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Just now read a article from Coindesk, according to "Sam Ouimet" reports bitcoin volume exceeded $11 billion in 24 hours observation from last year April. We can say almost one year. However we can't see much effect on price although there was little pump. But April 2018 bitcoin was traded approx $8K but currently trading approx $4K. Is it sign of bull run ? I am suspecting that bitcoin investors are coming back. So as usual if investors start invest on bitcoin again then most likely bitcoin will run once again. We know that if incase start bull again then bitcoin really don't want to stop. Same also on if start down trend then bitcoin don't want to stop. However I think this is one of positive sign for HODLER. What you think if this article is true? A good article in general Figures show increasing interest in encryption And confirms the truth that everyone knows Low prices are a great investment opportunity We are now at this point the currencies price is low This will tempt more investors to enter the market.
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Ailmand
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March 16, 2019, 10:53:28 PM |
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Let's just hope that it would lead to a bull market soon. And for me the investors didn't go they just went to vacation for a little relaxation and maybe spend more time with their family . They might be done with their vacation now and continue to work on crypto . Investor's wouldn't leave crypto because they believe in it why would they leave something that would give them profit .
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949miner
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March 16, 2019, 11:08:25 PM |
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An increase in the volume of Bitcoin within 24hrs is not really a strong indicator that investors are coming back. One investor has the potential to cause the market volume of Bitcoin to raise within 24hrs similarly by increasing the amount of Bitcoin he sells or buy to trade within 24hrs. This can cause a drastic increase in the market volume. So if you easily conclude that the increase in the volume indicates the return of so many investors then you are wrong.
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BurgerCash
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March 16, 2019, 11:09:28 PM |
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Not really. Investors never quit, only gamblers did. These same gamblers aren't coming back though. I think the reason for this pump is that the actual investors have started to become more bullish as Bitcoin has really stabilized around a price that might become a bottom.
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MakeMoneyBtc
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March 16, 2019, 11:14:57 PM |
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I don't think it is right to say investors are back since they never left the market. I think new people have started investing in bitcoin and that's why we see a slow movement in the price but it seems like that's not enough yet to cause a bull run. The price right now is a few dollars below 4000$ and I think it will soon pass that line. If it continues this way, in a few weeks it's possible to see a bull run
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Choyor
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March 17, 2019, 07:00:28 AM |
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Market movements occur because there is a volume up or down from the coin inside, If the investor enters automatically it will affect the volume of the coin, and that will affect the price of the coin itself. But investors will come in when prices start to stabilize, and they will always wait, this is because they want to run profits when they come back again, therefore the current market situation will last a little while.
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Sithawaka
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March 17, 2019, 07:11:32 AM |
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Of course many hope Bitcoin price will get stabilize to reduce unnecessary risks but It is no surprise Bitcoin investors are returning to the market because now Bitcoin is progressing again and many believe that which can make a huge change to its current value and expansion through adoption because increase popularity always help to attract merchants
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shoreno
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March 17, 2019, 07:11:50 AM |
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I don't think it is right to say investors are back since they never left the market.
If they didnt left then why do you think the price of cryptos are decreasing ? Some of them do actually left while most are still die hard on investing in cryptos . I think new people have started investing in bitcoin and that's why we see a slow movement in the price but it seems like that's not enough yet to cause a bull run.
The slow increase on the price might be cause by new investors but its also caused by the existing investors who continues to buy more while other are doing an exit . dont under estimate the small rise because that can also cause a bull run only if it will continue .. The price right now is a few dollars below 4000$ and I think it will soon pass that line. If it continues this way, in a few weeks it's possible to see a bull run
The price did already start to pass the 4k barier and i think the bull run is initially starting .
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Sandus_Cryptolover
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March 17, 2019, 07:18:17 AM |
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Though this isn't the first time Bitcoin will cross 4k barrier before tanking down. I hope Bitcoin sustain the bull trend to over 6k if not more. With the current market cap of 70billion as against 50-60billion it was couple of days back, i look forward to more inflow of investors.
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MFahad
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March 17, 2019, 07:25:52 AM |
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Just now read a article from Coindesk, according to "Sam Ouimet" reports bitcoin volume exceeded $11 billion in 24 hours observation from last year April. We can say almost one year. However we can't see much effect on price although there was little pump. But April 2018 bitcoin was traded approx $8K but currently trading approx $4K. Is it sign of bull run ? I am suspecting that bitcoin investors are coming back. So as usual if investors start invest on bitcoin again then most likely bitcoin will run once again. We know that if incase start bull again then bitcoin really don't want to stop. Same also on if start down trend then bitcoin don't want to stop. However I think this is one of positive sign for HODLER. What you think if this article is true? Yeah, it is really positive sign as in this article mention. Bitcoin trading volume is also increased if you see the price of bitcoin then we can also guess now bitcoin price recording and bitcoin cross $3800 to $3955. In this month, it is first time when bitcoin cross $3900. Hopefully we will see again bitcoin price rise and if it is start to rise then no doubt it is rising very fast and can't stop.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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Kakmakr
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March 17, 2019, 07:48:10 AM |
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The most accurate measure of Bitcoin adoption are not transaction volumes, but rather user base statistics and you will only see sporadic reports from exchanges on their increase or decrease of their client base. The transaction volume might indicate a new application that was launched that has a massive amount of on-chain transactions. <like a on-chain tipping service.> I know they launched a new tipping service and it went semi-viral on Twitter, but those transactions are mostly off-chain, so it will not be that.
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Janation
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March 17, 2019, 08:29:25 AM |
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Though this isn't the first time Bitcoin will cross 4k barrier before tanking down. I hope Bitcoin sustain the bull trend to over 6k if not more. With the current market cap of 70billion as against 50-60billion it was couple of days back, i look forward to more inflow of investors.
Did they leave? I mean there are a lot of investors of Bitcoin and other cryptocurrencies and I think they did not leave but just hold onto their investments since the price of Bitcoin is so low at that time until now. I don't think they will be leaving Bitcoin or their investment in this type of market since we all know they will be having losses. For me, they did not leave, it is just that people are again investing in Bitcoin.
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SIDDHI777
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March 17, 2019, 08:49:16 AM |
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Bitcoin price is definitely moving to a positive side and that is why more and more investors are attracting to bitcoin because adoption its is continuing successfully and what Bitcoin need it more time to make its price more stable and with that the situation will change for its success because with the increase of demand its prices will eventually go high so this year we would see a good progress in Bitcoin and its holders
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