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traderethereum
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September 22, 2020, 03:50:32 PM
 #41

Most are expecting that it will be bull run already, but just an upset expectation because as we can see now the market is getting so bloody. If we look at the Bitcoin history in trading there's a CME gap at 9665$ if I'm not mistaken and that gap needs to be filled so no wonder instead of Bitcoin price will go up it still going dump. But let see how it goes this coming week if Bitcoin will fill the gap or will goes pump before. The bloody market has nothing to do with UNISWAP.
If I am not mistaken, the bitcoin market is at the bear trend for almost 2 weeks, but this time, bitcoin shows good moves by having a green candle.
We can hope that the green candle will stay at the market, and even the price can increase to the next higher price.
Hopefully, everything will be changed to better the next week, and we can get back to make a profit after wait for some time.
If that happens, the altcoin position will be changed too, and the green candle will appear to the altcoin market.
Meanwhile, we need to be ready for the next thing that will happen.
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September 22, 2020, 04:24:42 PM
 #42

Ohh men it is very difficult in this period to watch the market because all the coins a so down in price now, am so sad to see my small portfolio losing value by the day, I hope very soon the market will recover again because now it seems the whole market is taking a nose dive.
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September 22, 2020, 04:35:33 PM
 #43

Even though it was big, it should only have an effect on the UNI project but UNI continued to rise at that time. And all are experiencing a decline today. This means that UNI has no effect on the market. It seems like nowadays bitcoin is always causing the red market
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September 22, 2020, 04:42:13 PM
 #44

most likely the cause is due to the correction of bitcoin price, bitcoin price movement is currently in the $ 10k range and this could affect the crypto market especially regarding the top altcoins. Regarding UNI tokens, it does not have a big impact on the market, it just has an impact on ethereum gas costs, which are expensive.

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September 22, 2020, 04:51:36 PM
 #45

I doubt the airdrops caused the crash in the market, before this dump we have seen some signs that this run as top, Uniswap just delayed the correction, we have seen 3 months of crazy pump in price and one that expect the price to keep going up must be living in Kukukiland

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September 22, 2020, 04:51:59 PM
 #46

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
Do you remember the massive dip rather crash when Corona was declared as a pandemic by the WHO? Similarly now again due to the concerns of increase in infections the market is dipping but i am confident that market will recover and the momentum will continue and last months of the year will be bullish.

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September 22, 2020, 04:54:02 PM
 #47

Even though it was big, it should only have an effect on the UNI project but UNI continued to rise at that time. And all are experiencing a decline today. This means that UNI has no effect on the market. It seems like nowadays bitcoin is always causing the red market

But now even uni is down with some percent, the whole market is bleeding and it is very hard to see, why are have to continuously experience the bear market for such a long time, when you would think things are about to get normal, suddenly the bear will jump in and snatch your happiness  Angry
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September 22, 2020, 05:25:35 PM
 #48

I think it's because of bitcoin. We always see that if bitcoins value are dropping the altcoins are also moving downward but i think we don't need to get worried about that ,instead let us take this red market as an opportunity to buy more coins which we think has a bright future. Every red market for me is an opportunity.

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September 22, 2020, 05:28:17 PM
 #49

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
No need to panic, If you are here to support this revolutionary new tech and good quality projects then be steong and keep holding these dumps will be short lived and in the end you will see gains and big gains as we are very close to the bull market now.

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September 22, 2020, 05:43:21 PM
 #50

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??

We can take this as a reason for the market to be dumped. But it is not possible for anyone to verify whether this is the real reason for the market dump. Since thousands of people have received free tokens they will try to cash out that free money, market price whatever the low or high, when people get free money they try to sell at market price.

However, it is not right to take only one coin as the reason for market dumping, there may be many more reasons behind it.

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September 22, 2020, 05:50:18 PM
 #51

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
Whatever has caused the dump, either it is free eth distributed by uniswap or the fear of corona just remember that we have seen worst crashes and dips in the past and the real supporters are still holding so these short term dumps do not really matter because the deflationary and decentralized nature of the crypto coins are designed to grow in value with time and as the usage and adoption increases so be patient and you will see it was the right decision.

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September 22, 2020, 05:54:48 PM
 #52

The uni airdrop is only one factor for the falling prices i think.
Even the classic stock market here in europe dropped like 3-5% yesterday and cryptocurrency and regular markets are still connected.
Seems like that whole corona situation will stay for a long time with all it's impacts, which means that markets will still be fragile in that period.
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September 22, 2020, 06:04:53 PM
 #53

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
Whatever has caused the dump, either it is free eth distributed by uniswap or the fear of corona just remember that we have seen worst crashes and dips in the past and the real supporters are still holding so these short term dumps do not really matter because the deflationary and decentralized nature of the crypto coins are designed to grow in value with time and as the usage and adoption increases so be patient and you will see it was the right decision.
Yes. There is nothing to fear with this current dumps in the market because whatever significant reason for this dropped down of prices, crypto market will definitely bounce back and make a huge price increase again. This has happened a lot of times but in the end, we still keep seeing the market recovers and turns into bullish again. So relax and keep calm and might grab this opportunity to buy more potential coins while their prices are at low.

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September 22, 2020, 06:10:23 PM
 #54

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
As far as your concern about the uniswap airdrop, I think it was given in UNI tokens so technically even if we say that everyone cashed out so only UNI token should have been dumped because of everyone selling and cashing out.
But personally i think this airdrop has supported the market because most of the sellers have bought their favorite coins like btc, eth and others.
As far as the market dump is concerned it was technically due so just wait for the market to take turn and continue its journey.

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September 22, 2020, 06:30:47 PM
 #55

If it's airdropped then you can bet it was the culprit of the recent dump.
That is, if you don't see any reason behind it.

The thing is, even with ICO projects before, when they airdropped some of their tokens just to gain popularity it will really be dumped.
There is no reason for receivers to keep it if there is already a listing in an exchange. I'd probably sell it too.  Grin

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September 22, 2020, 06:40:08 PM
 #56


It is a very unexpected dump, it could be the UNI turned into BTC and then sold of USD. They can't cashout UNI so it has to be traded into BTC. This is to look for way to blame UNI. Smiley  If markets are really manipulated, it could be that whales are attempting to buy UNI, even the CEX are accumulating UNI so its possible that in an attempt to make hodlers panic, they dump btc for UNI to also drop.  Whatever.

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September 22, 2020, 06:41:24 PM
 #57

All these "we are giving away free thousands of dollars" type of shit is destroying the market, all those uniswaps, avax and many more just get cashed out as soon as possible and that means people are leaving the market taking out huge sum of money.

The money itself was in the crypto world but since they sold and get the cash from the market and when they reached a high level they got out, they took money out of crypto world. Normally someone who trades or invests do not take money out that quickly because they hope for continuous profit, but someone who gets money for free will leave the market as soon as possible because they need money and they are usually poor and it is free money they didn't worked for so they want to make sure they get it to their real wallets.

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September 22, 2020, 07:09:10 PM
 #58

When we ascribe every dump in the market to some other altcoins action or dump it gets so distracting. Sushi exit scam was the first claim this September and very disappointed to read of UNI airdrop as another dump. September had always been a time for correction or pull back in previous years and the dump is also ascribe to something even when we had fewer altcoins. Maybe we should look for how to maximize the time.

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September 22, 2020, 08:18:20 PM
 #59

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??

I am ETH holder and trader. As I watch the price this days I would not recommend you to buy it today if you really want to. There is a high possibility the price go deeper from today's point and better investment would be to buy some coins by the price below 300$.
People generally have big expectations from ETH as always, someone even predicted 1000$ this year and that doesn't sound utopically indeed.



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September 22, 2020, 08:29:58 PM
 #60

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??

A lot of users that get the airdrop of uniswap are easily going to sell their airdrop as it is already a easy money for them and that drop could easily affect the market of uniswap,ethereum,bitcoin. As uniwap is converted mostly in bitcoin as it is the best cryptocurrency that you could use to invest or you could convert into fiat easily. It is not specifically uniswap but for sure that airdrop is of the reason and affect the marketplace for sure. But it is still depend since their are many investors that might take the risk in investing in uniswap.
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