Cryptocurrency is silent why?

[Jating]

when compared to last year, indeed cryptocurrencies in 2022 are very rarely about good news,
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.

It's because last year, we are still in the bull run, hitting all time high. but after that, it's all down hill to us which is understandable, because our run can't be parabolic. But we should be aware and acknowledge what kind of cycle that we are so that we can prepare our selves and what strategy we should do. As far as the hacks, what I know is that the funds are safe as per CZ, so they are what we call SAFU. Although it had some affect to the price, it's not that big though. Maybe next week we will bounce to $20k again.

[stomachgrowls]

There are many reasons why cryptocurrencies are in a consolidation phase right now and the global economic crisis is one of them that is causing it. Inflation rate keeps rising over the past months driving the price of commodities higher. As the price of neccessities become more expensive, some holders have no choice but to liquidate their crypto assets to keep up with the inflation. We are also in bear market right now that is why webdon't see any parabolic movement in the crypto market.

Global economy is going in descending order in all means, Europe area  is on recession phase so it affects to all industrial businesses. Cryptocurrencies are risky investments so it makes sense for investors to invest less in risky markets instead of safe heaven financial assets, IMHO. Don't expect bull crypto market soon..

If we do tend to look around then you would definitely able to say that economical problems are worst nowadays which it would really be just common sense that the effects would really be on domino effect.

We might say that crypto market is different or not really tied up with external economic problems but we cant really attest or make sure of that.Lots of events and problems we do have

and even fiat currencies does have issue and problems in terms of inflation plus commodity prices rising up and other related problems.
Its no surprise that investors would really be that on hesitance on making out investment nowadays.

[STT]

Developing not silent, which is something different.   While we have traffic and volume of transactions visible (not everything is on chain that's still relevant) I would count as a narrative more significant then how publicized the crypto press might be at that time.
   There's an investment fund which only invests while congress is on holiday on the basis that the majority of laws passed are negative to business and so might adversely affect the positive bias that free trade has.  The fund suspends full investment until laws and the cost associated with their politics is not actively underway & when there is less noise, it might also be an ironic truth similarly true for crypto.
   The highest prices for crypto tend to happen with news stories on this movement in price but the groundwork for the price movement is done in the slowest no news days when nothing appears to be happening.
 Bitcoin being increasingly established and propagated as a payment method then that is a good day but not everything can be reflected in price immediately its why we have to check every time frame possible for a full picture.

[Swordsoffreedom]

when compared to last year, indeed cryptocurrencies in 2022 are very rarely about good news,
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.

Cryptocurrencies are still in the development stage with many shortcomings so being targeted by hackers is inevitable, but BNB's attack is not too serious. As far as I know, the hacker only stole 50 million distributed through the ETH network and all the rest was frozen in time, the hacker did not have time to disperse all the 600 million that he stole. The core cause of the current silence is still due to the economic crisis, as soon as the economy stabilizes again, the market will be active.

[inthelongrun]

Is cryptocurrency silent? Not here mate. There's a lot of noise going on locally and globally. Prices are at dip but they are temporary. Old banks and new financial institutions are getting licenses and partnerships in my country and I love it. I do hope they won't pressure and bribe our local government to block the entry of Binance. Binance is pretty sure would take a huge percentage of our local market. Binance a few days ago just opened its New Zealand operations. There's just a lot of news and developments of crypto mate from web 3, to the metaverse and many more.

[btc78]

Is cryptocurrency silent? Not here mate. There's a lot of noise going on locally and globally. Prices are at dip but they are temporary. Old banks and new financial institutions are getting licenses and partnerships in my country and I love it. I do hope they won't pressure and bribe our local government to block the entry of Binance. Binance is pretty sure would take a huge percentage of our local market. Binance a few days ago just opened its New Zealand operations. There's just a lot of news and developments of crypto mate from web 3, to the metaverse and many more.

Maybe OP does not explore the crypto world that much thats why he does not receive or aware of what is going on here , there are so many happenings in crypto world and even there are lots of FUD and dumping happening so how could he say that it is silent ?
and besides this forum is more than enough to show how the market and the crypto world is moving here and there.
if he is a true investor? then I believe he will never make such comment meaning he is not aware of what is truly happening in the market.

[fuguebtc]

Is cryptocurrency silent? Not here mate. There's a lot of noise going on locally and globally. Prices are at dip but they are temporary. Old banks and new financial institutions are getting licenses and partnerships in my country and I love it. I do hope they won't pressure and bribe our local government to block the entry of Binance. Binance is pretty sure would take a huge percentage of our local market. Binance a few days ago just opened its New Zealand operations. There's just a lot of news and developments of crypto mate from web 3, to the metaverse and many more.

Maybe OP does not explore the crypto world that much thats why he does not receive or aware of what is going on here , there are so many happenings in crypto world and even there are lots of FUD and dumping happening so how could he say that it is silent ?
and besides this forum is more than enough to show how the market and the crypto world is moving here and there.
if he is a true investor? then I believe he will never make such comment meaning he is not aware of what is truly happening in the market.

As far as I understand what he is saying, the silence here means that the market is not bullish, not that it does not have any activity. OP is just trying to look at price movements and doesn't care about market activities and this is why many people will get bored and leave the market when bear season comes. It can be said that everything is still operating normally, the projects are still continuing to build and develop non-stop, it can only be that the price is not noisy.

[South Park]

when compared to last year, indeed cryptocurrencies in 2022 are very rarely about good news,
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.

It's because last year, we are still in the bull run, hitting all time high. but after that, it's all down hill to us which is understandable, because our run can't be parabolic. But we should be aware and acknowledge what kind of cycle that we are so that we can prepare our selves and what strategy we should do. As far as the hacks, what I know is that the funds are safe as per CZ, so they are what we call SAFU. Although it had some affect to the price, it's not that big though. Maybe next week we will bounce to $20k again.

What happens is that even if we know we are at a difficult part of the bitcoin cycle the overall state of the economy is not helping at all, we are living through one of the most unstable times in recent memory and if anything things are about to get much worse during the next months, so I think it is possible that even if we were expecting a recovery during the next halving we could even see a delay on the appearance of the next bull market as people will still be suffering from the aftereffects of the current crisis.

[Yaunfitda]

Is cryptocurrency silent? Not here mate. There's a lot of noise going on locally and globally. Prices are at dip but they are temporary. Old banks and new financial institutions are getting licenses and partnerships in my country and I love it. I do hope they won't pressure and bribe our local government to block the entry of Binance. Binance is pretty sure would take a huge percentage of our local market. Binance a few days ago just opened its New Zealand operations. There's just a lot of news and developments of crypto mate from web 3, to the metaverse and many more.

Maybe OP does not explore the crypto world that much thats why he does not receive or aware of what is going on here , there are so many happenings in crypto world and even there are lots of FUD and dumping happening so how could he say that it is silent ?
and besides this forum is more than enough to show how the market and the crypto world is moving here and there.
if he is a true investor? then I believe he will never make such comment meaning he is not aware of what is truly happening in the market.

As far as I understand what he is saying, the silence here means that the market is not bullish, not that it does not have any activity. OP is just trying to look at price movements and doesn't care about market activities and this is why many people will get bored and leave the market when bear season comes. It can be said that everything is still operating normally, the projects are still continuing to build and develop non-stop, it can only be that the price is not noisy.

Yes, and this is likely cyclical, we are in a bear market so obviously others may have close or not very active in their trading account. Or simply just buying and accumulating like 2018.

And it's like this for the last 4 months if I'm not mistaken and can go up to the end of the year so it's quite boring. But nevertheless, for those who have been in the market already, perfect time to accumulate and save bitcoin in our wallet and hold. And when the market is back alive again, at least we are ahead, with some just waiting to be sell during all time high to make huge profit.

[Epaper]

I think one of the reasons why cryptocurrencies have experienced a sharp decline in price in the last few months is because market sentiment is still struggling in recession and inflation is still rising as a result of the Fed's interest rate hike. So some investors are still worried about global macroeconomic conditions and the global crisis.

[XwWnu]

For some months, cryptocurrency is in a down falling trend which is the main cause.

the reason is that we are in a bearish season and this causes mass adoption of cryptocurrencies to get less and less news,
because we know last year mass adoption of Bitcoin was widely reported and made the Bitcoin price reach $60k.
right now we just need that news again to return the bulls.

[Zanab247]

What is happening to crypto market is no longer a new thing to crypto users in the community, because this is the best season many investors use to plan well by using a huge amount of money to buy coins that will bring them favour in the future in this bear season.I guess, the price of coins will surely increase higher before the end of this month of October for both long term investors and short term investors to start feeling the impact of the pumping in the community.

[tygeade]

As far as I understand what he is saying, the silence here means that the market is not bullish, not that it does not have any activity. OP is just trying to look at price movements and doesn't care about market activities and this is why many people will get bored and leave the market when bear season comes. It can be said that everything is still operating normally, the projects are still continuing to build and develop non-stop, it can only be that the price is not noisy.

There is a big difference between not being in a bear market, and being in a bull market. We are not in a bear market right now because we have that hope, I mean it’s not crashing like last year, so it’s doing fine right now, last year after the ATH we crashed hard, at least we are protecting the situation for the time being and that’s fine. On top of that we are talking about something that is near bull right now, why?

Even if it’s not bull for a while longer, that doesn't mean that we are going to stay here, if the general consensus is that there is a bigger potential to go up, compared to going down, then we should realize that it’s doing fine.

[Davian144]

For some months, cryptocurrency is in a down falling trend which is the main cause.

The decline in cryptocurrencies also has several causes as it is not simply going down on its own. And one of the reasons is because of the war to the occurrence of inflation as it is now so that it is the main cause for the decline in the value of any asset now, including cryptocurrency assets.

the reason is that we are in a bearish season and this causes mass adoption of cryptocurrencies to get less and less news,
because we know last year mass adoption of Bitcoin was widely reported and made the Bitcoin price reach $60k.
right now we just need that news again to return the bulls.

When it comes to news, I think at this time there is also a lot of good news coming for cryptocurrencies, you can immediately see and read for yourself at (https://news.bitcoin.com/ and also at https://www.forbes.com/digital-assets/), because in these two sites there are very often the latest news updates for cryptocurrencies. But that is still not enough to raise the price of Bitcoin and other cryptocurrencies, which are currently still at a low price and often experience price drops.

[Zanab247]

Cryptocurrencies is not silent just that there is season in everything in the community, this is the season of bear which is the best season many investors use to buy coins and hold until the price of the market change for their favour before they can sell to make a good profits. Since Bitcoin price is still moving between $19k and $20k,  show that any moment from this month bull season will show to allow those that invested in the past to use the opportunity to earn well from their investment.

[EarnOnVictor]

Bitcoin and other cryptocurrencies have had their bearish moments this year, but they are at low levels despite being bearish overall. If you look at the larger timeframes of weekly and monthly charts, you would see a clearer picture of the bearish trend. Nonetheless, it is not easy for them to pursue it easily like before because the market is now at lower levels trying to stabilize in preparation for a major bullish run. This might take time as the battle of supremacy between the buyers and sellers persist, the winner would be seen soon.

However, only a break below the low of June at $17,625.00 could cause a serious bearish movement this year. So, expect a more indecisive market at times.

[CageMabok]

It is pretty strange for BTC to stay in the red zone continuously for several months. But this is quit normally because many people earned a lot of money in back 2020 so now the market is cleaning shit projects and shit holders. There are more than 12k coins in the market right now. What do they do? Most of them just make the same thing with a different name.

There is nothing strange about BTC at this time even though it is still in the red zone continuously, because it is a natural thing to happen to BTC and it has also happened to BTC in 2018. So what is happening at this time in BTC should not be considered as something which is strange for whatever reason. Because BTC still has many chances to be in the green zone in the future as everyone wants.

[FanEagle]

I think one of the reasons why cryptocurrencies have experienced a sharp decline in price in the last few months is because market sentiment is still struggling in recession and inflation is still rising as a result of the Fed's interest rate hike. So some investors are still worried about global macroeconomic conditions and the global crisis.

Inflation doesn't rise because of FED's interest rate hike, it is increasing against it. The whole point interest increase is to make sure that people put their money in interest, meaning there would be less available money in the market since most of them will be in banks at interest, and that will cause the inflation to slow down due to not that much money being in the market.

Sure, we are still seeing inflation even with higher interest rate but that is "even though" the interest are high, not "because of", there is a big difference. This is why everyone believes that FED will increase it even more in the near future, and maybe even more after that, until inflation slows down.

[Hamphser]

It is pretty strange for BTC to stay in the red zone continuously for several months. But this is quit normally because many people earned a lot of money in back 2020 so now the market is cleaning shit projects and shit holders. There are more than 12k coins in the market right now. What do they do? Most of them just make the same thing with a different name.

There is nothing strange about BTC at this time even though it is still in the red zone continuously, because it is a natural thing to happen to BTC and it has also happened to BTC in 2018. So what is happening at this time in BTC should not be considered as something which is strange for whatever reason. Because BTC still has many chances to be in the green zone in the future as everyone wants.

Nothing surprising on which people would really be saying that crypto is silent whenever we are really that moving sideways for too long or something that didnt make out some major movement or going upward.

Honestly, this is the most ideal for you to get in where price is almost into huge percentage drop into its ATH.Some might really be that considering on taking the risk but majority of people do really hesitate on these

times.It cant really be that avoided since we are talking money investment on here which it would be normal that people will be saying up things basing up on what they are currently experiencing.

[South Park]

For some months, cryptocurrency is in a down falling trend which is the main cause.

It is pretty strange for BTC to stay in the red zone continuously for several months. But this is quit normally because many people earned a lot of money in back 2020 so now the market is cleaning shit projects and shit holders. There are more than 12k coins in the market right now. What do they do? Most of them just make the same thing with a different name.

This behavior is nothing really new for bitcoin, after the bull market comes a crash, that is the way it works in this market and people which have been around for some time knew this was coming, now we have to endure a long period in which bitcoin will not move much for years and we do not know if this time around things could be even more difficult as the economies of the world are facing many challenges which they will find difficult to overcome too, so people need to accept the idea that they are going to need to hold their coins for a long time before they see any profits.