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Author Topic: What causes the sudden surge of market?  (Read 275 times)
Akagum
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April 12, 2019, 08:15:03 PM
 #41

I understand that the cryptocurrency Market moves in the direction of speculations and also the factors of demand and supply could influence price.
But I am confused as to which of these factors triggered the recent surge in price that we saw recently.
Can't really say.

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April 12, 2019, 09:32:03 PM
 #42

Because it takes long time to hold an and making the market stable so now it is the time to take off and it will be more of like cryptocurrency will be developing in this situation so we need to make the the development possible and it will happened in this situation .

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April 13, 2019, 02:20:22 AM
 #43

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?

we are in the crypto world and for the years that we have had since the existence of bitcoin a lesson we have to learn: one should never rely on the analyses and opinions of these analysts and the news channels. Today the price fell below  $5000, it will not take long for all news channels to talk about this price fall and make their assumptions about the reasons for this price decrease
The value of Bitcoin depends on many different reasons and mostly due to investor psychology. If everyone's psychology is really good, maybe this year everything has returned to 2017 but until now this has not happened and the panic sale makes the market harder to recover. In my opinion, the $ 5,000 price will remain until the end of April because no big news can make Bitcoin reach $ 6,000 and everything will be very risky at the moment.

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April 13, 2019, 02:52:19 AM
 #44

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?

we are in the crypto world and for the years that we have had since the existence of bitcoin a lesson we have to learn: one should never rely on the analyses and opinions of these analysts and the news channels. Today the price fell below  $5000, it will not take long for all news channels to talk about this price fall and make their assumptions about the reasons for this price decrease
The value of Bitcoin depends on many different reasons and mostly due to investor psychology. If everyone's psychology is really good, maybe this year everything has returned to 2017 but until now this has not happened and the panic sale makes the market harder to recover. In my opinion, the $ 5,000 price will remain until the end of April because no big news can make Bitcoin reach $ 6,000 and everything will be very risky at the moment.

  The rapid movement of bitcoin is not about investor's psycho the situation, perhaps it is about the market volatility that always appear in the market cap. Investor's psychology are just speculation that enlightened the situation to look easy even in the midst of difficulties. We had endure the long bear market and the rescent day bitcoin's value start to pump but lately decline, atleast it has shown a good sign to speculate how it will grow accumulately, let's just wait the big bull run occurence by this 2019.

 
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April 13, 2019, 04:57:39 AM
 #45

The only place where I have seen related news is this forum and we are still yet to confirm the genuineness of the news, though I learnt that Russia bought about $1.8 million dollars worth of coin for themselves due to some crisis that they will soon experience because the American economy too is about into recession.

This is the time were a lot of countries will begin to go into recession thereby causing inflation in the country and all this countries will begin to look for alternative to grow their country again, and bitcoin will be the only hope they would have to do that, we have started seeing it already.
I read this in someone’s comment too but was just a wishful thinking or will I say a proposal, I am not sure any of these action has yet been taking and most government including Russia is yet to adopt crypto, and if they had even done so, what will a whole government be doing with such small amount of investment.

What pushed the market capital up recently was almost a total of $20 billion, if it was because of this amount, then we have many investors that are in the market that are more than capable to buy 450 bitcoin, because that is exactly what the money you quoted can buy, the recent quote I even got of an investors buying up to 20,000 btc at once is not even enough to experience such spike we saw, talk less of just 450 BTC. This will surely happen in the future because every nation will eventually adopt crypto.
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April 13, 2019, 07:27:26 AM
 #46

I understand that the cryptocurrency Market moves in the direction of speculations and also the factors of demand and supply could influence price.
But I am confused as to which of these factors triggered the recent surge in price that we saw recently.
Can't really say.


Well, sometimes the prices move without any TA and FA and it is the whales who actually manipulate the market and surge the prices for their own benefit.

Because it takes long time to hold an and making the market stable so now it is the time to take off and it will be more of like cryptocurrency will be developing in this situation so we need to make the the development possible and it will happened in this situation .

Patience is the key in crypto currency market. If you are able to show patience and do not sell early, you will surely be rewarded good in crypto market.



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Rainbot
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April 15, 2019, 03:57:53 PM
 #47

I understand that the cryptocurrency Market moves in the direction of speculations and also the factors of demand and supply could influence price.
But I am confused as to which of these factors triggered the recent surge in price that we saw recently.
Can't really say.


Well, sometimes the prices move without any TA and FA and it is the whales who actually manipulate the market and surge the prices for their own benefit.
The fluctuation we see today that is causing the market to really fluctuate is as a result of people’s impatient, no matter how hard we preach this, it is unfortunate it still comes to play every time BTC tries to spike, our impatience brings it down again because  most of us with small investment can easily move our fund out for the profit.

But, this action of ours selling off is really discouraging some investors who would like to invest in a stable coin because of the purpose they wish to use the coins they are buying for, like you said, we should learn not to sell early so we can keep the market stable and green.
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April 15, 2019, 05:41:55 PM
 #48

I understand that the cryptocurrency Market moves in the direction of speculations and also the factors of demand and supply could influence price.
But I am confused as to which of these factors triggered the recent surge in price that we saw recently.
Can't really say.


Well, sometimes the prices move without any TA and FA and it is the whales who actually manipulate the market and surge the prices for their own benefit.
The fluctuation we see today that is causing the market to really fluctuate is as a result of people’s impatient, no matter how hard we preach this, it is unfortunate it still comes to play every time BTC tries to spike, our impatience brings it down again because  most of us with small investment can easily move our fund out for the profit.

But, this action of ours selling off is really discouraging some investors who would like to invest in a stable coin because of the purpose they wish to use the coins they are buying for, like you said, we should learn not to sell early so we can keep the market stable and green.
Years of hard work! Behind every rise, behind current price there is a lot of people who sacrifice everyday for the past 10 years! Most of us here are heavily involved in crypto in past years, each of us gave some contribution, each of us spread the word and introduce new people with crypto almost everyday. When price is rising, hard work is paying off itself!

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April 15, 2019, 05:47:43 PM
 #49

I understand that the cryptocurrency Market moves in the direction of speculations and also the factors of demand and supply could influence price.
But I am confused as to which of these factors triggered the recent surge in price that we saw recently.
Can't really say.


Well, sometimes the prices move without any TA and FA and it is the whales who actually manipulate the market and surge the prices for their own benefit.
The fluctuation we see today that is causing the market to really fluctuate is as a result of people’s impatient, no matter how hard we preach this, it is unfortunate it still comes to play every time BTC tries to spike, our impatience brings it down again because  most of us with small investment can easily move our fund out for the profit.

But, this action of ours selling off is really discouraging some investors who would like to invest in a stable coin because of the purpose they wish to use the coins they are buying for, like you said, we should learn not to sell early so we can keep the market stable and green.

No fluctuation today. the market seems fine and I traded bitcoin for fiat cash on LBC yesterday and today. More or less I got the same fund from the traders but the price traders fixing higher than the marketplace value I can see in google calc.
Selling bitcoins is not at all good for the long term returns. Incase they need to emergency money then they can do that without think about anything.

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