Polar91
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January 21, 2020, 03:49:58 AM |
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In market, it is normal to drive positive and negative trend that we usually experience day by day, but to consider if there is an organic or manipulated market, I highly doubt it really exist becausw market is shared and the reson merely is because of the demand, disregarding the word 'manipulation' because all resorts of crypto to why their price increase and decrease is because of Market condition, which is simpky determined by technical analysis, and study of the current msrket status.
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Wysi
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January 21, 2020, 06:52:48 AM |
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Apart from the whales manipulating the market and the world affairs in regards to the crypto which affects crypto either in a positive or negative way, the remaining fluctuations remain mysterious I feel traders do have a union and since they hold a huge amount of crypto they are capable of manipulating the value as per their convenient.
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magneto
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January 21, 2020, 07:00:31 AM |
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Lately the market is showing some positive gains in BTC and most of top altcoins too, but how long it will sustain? and the most common question was is it an organic gains? or just an artificially driven? for me the market movements was remain a mystery maybe it was an organic gains or just artificially driven.
What do you even classify as artificially driven? If you're talking about whether or not gains were due to speculators, it probably is, but then isn't basically everyhting driven by speculation in any market, commodities, equities, bonds alike? Anyhow, a free market with no regulations is bound to be volatile and unpredictable like BTC markets. There is no way around that. The best you can do is to hedge your bets and not to leave yourself too exposed to the downside risks.
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bitkanu
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January 21, 2020, 07:02:52 AM |
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I have a very big feeling in me. Bitcoin dominance can fall to 40% levels. In this case, I think altcoin prices will increase. Altcoin prices surged. There are still projects that I expect to rise. Monero or Dash have not yet made the rise I expected.
It's impossible to happen caused by bitcoin has already dominated the market since it was born. At this level when the price of bitcoin goes increase and altcoin can't even follow the progress that has already made by bitcoin. Look at the market right now and you will see if the current market looks different. People don't care again about the major trend but they are all only following the chart of bitcoin and the result of development progress give more impact to the pump that happens with altcoin. All depend on bitcoin and it can't be denied. Dash has gotten a huge increase caused by the launch of new platform and the pressure that has already made by bitcoin tot he dash market caused by bitcoin bullish trend.
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wajik-tempe
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January 21, 2020, 07:16:02 AM |
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Apart from the whales manipulating the market and the world affairs in regards to the crypto which affects crypto either in a positive or negative way, the remaining fluctuations remain mysterious I feel traders do have a union and since they hold a huge amount of crypto they are capable of manipulating the value as per their convenient.
There are many prons and cons of whale's manipulating prices, the whales couold keep the hype and keep the demands still exist if they want to do it. and also if we could read their behaviour and could follow their wave, we could earn much profits from it. But yeah, their traps is dangerous
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reallester
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January 21, 2020, 07:30:00 AM |
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Yes, you can say that again and again. The market is unpredictable and moves like a mystery. And the question I keep asking myself if this movement is organic or manipulated. One just needs to be careful and wary of the market.
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Chainsmokers
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January 21, 2020, 08:06:53 AM |
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yes I also think that the crypto market movement is very mysterious. can go up and down suddenly. without apparent reason. from the beginning to the middle of January yesterday bitcoin continued to increase to reach $ 9k. but yesterday and today the price of bitcoin fell again. so I thought yesterday's rise in bitcoin was whale manipulation.
It can be said that the increase in bitcoin a few days ago was just a surge or what was called the pump price. For people buying bitcoin when prices are low and selling some of it a few days ago I think they made the right decision, even though many of us think that bitcoin prices will rise again and provide benefits later but for me personally when there is an opportunity to profit then it's better to take the opportunity.
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danherbias07
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January 21, 2020, 08:12:44 AM |
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Can you please name the most top altcoins that are going up? BSV is not realy one on the top. It is just a hype for their master is in trial.
Bitcoin is really something else though. Jumping from one price to another. $500 dollar changes in just days and then going back up. It is difficult to predict its market now getting it also harder to trade.
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biddicoin
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January 21, 2020, 09:50:37 AM |
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I dont wonder if crypto market is very volatile, it can go up or down dramatically it is clear because of lack of regulations so whale can easily manipulate cryptocurrency price
Personally, I dont care about that. what I care is about how to make profit by taking advantage of volality so, no matter where the price goes, as long as I can take advantage, it is okay for me
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michellee
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January 21, 2020, 10:12:26 AM |
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The market will be like that and never know where the market moves, but we can predict where the market will moves if we can analyze the price. But even though we can predict the market, we still need to be careful because the market can be at any price. I think in the future, the price will be too volatile than now, and we will feel difficult to know where the coin price will be. That is why we always need to stay aware of the current situation so we can decide based on the current situation.
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puremage111
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January 21, 2020, 10:15:42 AM |
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Well sorry to say, but from my perspection, it is more off manipulation Not only in crypto market, it applies to all the financial market It is just up to how big can they push/dump the price
Crypto marketcap is so small where a trigger of $20-50Million can push down the market by a domino effect
Yet, that doesn't mean that market cannot grow organic over time When people dump/pump, there will be buyers who become holders, sellers who then rebuy into it if they regret selling too early All of these takes time to form
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Kimonoe
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January 21, 2020, 10:16:55 AM |
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I think this depends on the trend, when many people love crypto it has a positive effect on the price, and vice versa. but the improvement of services in crypto also contributes to its development, the more innovation and profit, the more bitcoiners will be needed to carry out its activities
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ebykamsiokoro
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January 21, 2020, 10:26:23 AM |
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I think BTC gains in the last few days is a case of manipulations by whales in order to entrap unsuspecting noobs. Although for hodlers of some other cryptocurrency outside BTC, it's a lucky break as they're seriously cashing out. I'd say for all to move with caution as the price might come crashing any moment when the whales wanna cash out.
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Images21
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January 21, 2020, 10:28:33 AM |
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Lately the market is showing some positive gains in BTC and most of top altcoins too, but how long it will sustain? and the most common question was is it an organic gains? or just an artificially driven? for me the market movements was remain a mystery maybe it was an organic gains or just artificially driven.
As far as sustainability is concerned, I cannot tell, although I believe this year is a better year compared to 2020. So far, we are positively rising. Corrections happen of course, just like now. But I think the rise is not done yet. We will have to once again get back to $9,000 or even beyond in the next few days. A part of it may not be organic but that would be a minor concern in terms of Bitcoin and other top altcoins except perhaps on BSV. History is evident that crypto market movements are never sustainable. Sooner or later, prices fall. One day it's $19K and some four months later, it's $3K. So it is hard to believe any gain in Bitcoin's price is long-lasting. However, it doesn't mean growth has to be artificial. Market have several traders having different trading strategy. Some likes to keep coins for long, some sell after achieving targets while some even short their coins. Due to mix-results of various traders' motive, Bitcoin (or crypto market on whole) moves arbitrarily and price is not able to sustain for long. Sustainability after all is not what the market players and makers look for. They need the prices to rise as much as they need the prices to fall. The rising and falling are both good as a matter of fact. The rising is for taking away the gains and the profit made through the days, weeks, months, and years of trading and the falling is a time for refilling the wallets.
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bukhara85
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January 21, 2020, 10:30:05 AM |
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Everything looks well, there is a huge resistance level 9100-9250, Bitcoin tried to break this resistance level but failed, initially price dropped into support level. there is a strong support at 8800, i think it is mother of buy zone..
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worle1bm
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January 21, 2020, 11:00:10 AM |
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History is evident that crypto market movements are never sustainable. Sooner or later, prices fall. One day it's $19K and some four months later, it's $3K. So it is hard to believe any gain in Bitcoin's price is long-lasting. However, it doesn't mean growth has to be artificial. Market have several traders having different trading strategy. Some likes to keep coins for long, some sell after achieving targets while some even short their coins. Due to mix-results of various traders' motive, Bitcoin (or crypto market on whole) moves arbitrarily and price is not able to sustain for long.
Sustainability after all is not what the market players and makers look for. They need the prices to rise as much as they need the prices to fall. The rising and falling are both good as a matter of fact. The rising is for taking away the gains and the profit made through the days, weeks, months, and years of trading and the falling is a time for refilling the wallets. Such up and down movements maybe good for traders like us who know the market behaviour of bitcoin but what about other investors? Will they ever dare to invest in bitcoin if bitcoin continue to make circular movement in prices? High volatility is the main reason why most of the renowned investors like Warren Buffet regarded bitcoin as bubble. It won't be considered as serious investment unless its market stabilizes by some degrees.
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JeotQ
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January 21, 2020, 11:19:05 AM |
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Lately the market is showing some positive gains in BTC and most of top altcoins too, but how long it will sustain? and the most common question was is it an organic gains? or just an artificially driven? for me the market movements was remain a mystery maybe it was an organic gains or just artificially driven.
Only bitcoin investors are able to make biggest gains here which is why I keep saying bitcoin should be every investors top priority, only few top altcoins yield something like, EOS, ETH, BCH, BSV but these gains aren't big enough like bitcoin gains
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BitDane
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January 21, 2020, 11:46:28 AM |
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Lately the market is showing some positive gains in BTC and most of top altcoins too, but how long it will sustain? and the most common question was is it an organic gains? or just an artificially driven? for me the market movements was remain a mystery maybe it was an organic gains or just artificially driven.
The crypto market movement is not a mystery it is called volatility. The volatility of the market relies on different factors such as price manipulation, hype, FUD, Fomo, actual demand etc. Since crypto is an speculative asset, it is normal that the market price will be highly volatile which was taken advantage by those who have enough fund to influence the market. It is not the mystery that is moving around the crypto market but the manipulation and influence of some few individual who has huge amount of funds.
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Images21
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January 21, 2020, 11:48:49 AM |
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History is evident that crypto market movements are never sustainable. Sooner or later, prices fall. One day it's $19K and some four months later, it's $3K. So it is hard to believe any gain in Bitcoin's price is long-lasting. However, it doesn't mean growth has to be artificial. Market have several traders having different trading strategy. Some likes to keep coins for long, some sell after achieving targets while some even short their coins. Due to mix-results of various traders' motive, Bitcoin (or crypto market on whole) moves arbitrarily and price is not able to sustain for long.
Sustainability after all is not what the market players and makers look for. They need the prices to rise as much as they need the prices to fall. The rising and falling are both good as a matter of fact. The rising is for taking away the gains and the profit made through the days, weeks, months, and years of trading and the falling is a time for refilling the wallets. Such up and down movements maybe good for traders like us who know the market behaviour of bitcoin but what about other investors? Will they ever dare to invest in bitcoin if bitcoin continue to make circular movement in prices? High volatility is the main reason why most of the renowned investors like Warren Buffet regarded bitcoin as bubble. It won't be considered as serious investment unless its market stabilizes by some degrees. I don't think the reason why Warren Buffet regarded Bitcoin as a bubble is due to its high volatility. Warren Buffet considers Bitcoin as such because it lacks a value on its own, a face value, a value intrinsic to itself. Warren was not looking for stability. He was looking for intrinsic value. Investors always look for ups and downs as those are exit and entry points for them, respectively.
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LogitechMouse
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January 21, 2020, 01:11:26 PM |
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Lately the market is showing some positive gains in BTC and most of top altcoins too, but how long it will sustain? and the most common question was is it an organic gains? or just an artificially driven? for me the market movements was remain a mystery maybe it was an organic gains or just artificially driven.
It didn't sustain for a long time and yesterday I think the price of Bitcoin went down from around 9200 to around 8600 immediately. Crypto market is a speculative market so it really is moving like a "mystery" indeed. I think you can change the word mystery that you use to volatility because the market is very volatile as always. Tomorrow it will go up by $300 and the next day it will went down by $500. Well, this is also happening in stock market although the correction is lower. Investors are always setting a target selling price.
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