GeorgeJohn
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October 18, 2022, 11:04:17 PM |
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For some months, cryptocurrency is in a down falling trend which is the main cause.
The market of cryptocurrency is not something we can as well think about, because when looking at it. Cryptocurrency is something we know falling is not a new thing and it's rising is not new experience starting from the introduction of the day Bitcoin was launched. So the falling of Bitcoin do cryptocurrency of the awareness worldwide and rising of Bitcoin is applicable to the impact the falling contributes in cryptocurrency acceleration as well.
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Dave1
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October 19, 2022, 08:06:21 AM |
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For some months, cryptocurrency is in a down falling trend which is the main cause.
The market of cryptocurrency is not something we can as well think about, because when looking at it. Cryptocurrency is something we know falling is not a new thing and it's rising is not new experience starting from the introduction of the day Bitcoin was launched. So the falling of Bitcoin do cryptocurrency of the awareness worldwide and rising of Bitcoin is applicable to the impact the falling contributes in cryptocurrency acceleration as well. It's not a new thing for us, but for those who are newbie here, this could be a surprised for them to see the market going down at the start of the month. Nevertheless, this is a bear market wherein the price really goes down throughout this cycle, around 3-4 years if I'm not mistaken. So we need to have the mental fortitude and courage to just stay in the market for now. Or just simply buy during a dip because the price of bitcoin is at a discount.
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MainIbem
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October 19, 2022, 09:15:07 AM |
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What really needed to monitor here is the btc movement cause its decide the overall sentiment of all cryptocurrencies.
Periodically, the bitcoin is the most important to focus because he is the overall of all and if attention not given i don't think any other cryptocurrency would oversee the market even possibly make changes. I can still remember since the LUNA Sentiment, the market have been struggling to survive till date, therefore, i wonder why people kept panicking over cryptocurrency downtrend. To me i understand is one common thing in the space and it occurs in every season of the year.
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Ayers
Legendary
Offline
Activity: 2800
Merit: 1024
Vave.com - Crypto Casino
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October 20, 2022, 02:00:36 PM Last edit: October 20, 2022, 02:18:00 PM by Ayers |
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Looking at Bitcoin's chart at the moment, it looks like the market shows downtrend. An analysis shows that Bitcoin experienced a major price drop during this period of 2018. Moreover, the Ukraine-Russia war is expanding. It doesn't seem to be any possibility to get green signal. Rather, if a nuclear war breaks out, Bitcoin is sure to take a massive dump. The overall situation is not good as inflation is also increasing at a high rate.
bitcoin and the market have been in a downtrend for almost a year now, which is not a recent occurrence. yes, with the current economic situation as well as the increasingly fierce war, it is very difficult to increase prices. i think only when the war ends and the world economy recovers will we be able to see the market's favorite green again. do not expect nuclear war to happen, there will be no more dumping, instead it will be the end of humanity, and we will return to the primitive times
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lixer
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October 21, 2022, 03:35:04 PM |
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For some months, cryptocurrency is in a down falling trend which is the main cause.
The market of cryptocurrency is not something we can as well think about, because when looking at it. Cryptocurrency is something we know falling is not a new thing and it's rising is not new experience starting from the introduction of the day Bitcoin was launched. So the falling of Bitcoin do cryptocurrency of the awareness worldwide and rising of Bitcoin is applicable to the impact the falling contributes in cryptocurrency acceleration as well. It's not a new thing for us, but for those who are newbie here, this could be a surprised for them to see the market going down at the start of the month. Nevertheless, this is a bear market wherein the price really goes down throughout this cycle, around 3-4 years if I'm not mistaken. So we need to have the mental fortitude and courage to just stay in the market for now. Or just simply buy during a dip because the price of bitcoin is at a discount. For us experienced users we will see this dip as an advantage but not for a newbie, they can only panic, sell and then get out because they freaked out but some of them will give cryptos a second chance once they heard it is recovering again. That's only the time for them to know that dips and pumps are only part of the game and dips are not permanent but it will also depend on the coins that they pick. A scam coin will always experience a permanent dip but bitcoins and other legit coins will always recover after some time. It can be longer sometimes like on what we experience now so patience is also needed on here, not just knowledge alone.
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bitterguy28
Full Member
Offline
Activity: 2184
Merit: 182
“FRX: Ferocious Alpha”
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October 22, 2022, 02:28:55 AM |
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Cryptocurrencies are actually not silent. Yes, we are in the bear market, but that doesn't mean it's silent. A lot of things are done in the bear market and they are reaped in the bull market. That's the main logic. For example, the airdrop that aptos did. There was a nice airdrop of about 3k dollars to 10k dollars for everyone. It's sad if we miss these.
Yes, it's one of the biggest testnet airdrops ever, no one expected the price to break through $50, it's a shame I missed it too. The crypto market is silent but sometimes we can find something valuable in its silence. Sometimes Airdop brings more than other bounty area, though I never experience luck In choosing airdrop thats why i stopped because most of those I joined only brings pain in my ass lol. majority are scam some pays but BS token that worth nothing till now. So congrats to all of you who had been earning in Airdrops .
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ultrloa
Legendary
Offline
Activity: 2926
Merit: 1272
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October 22, 2022, 11:31:24 AM |
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Cryptocurrencies are actually not silent. Yes, we are in the bear market, but that doesn't mean it's silent. A lot of things are done in the bear market and they are reaped in the bull market. That's the main logic. For example, the airdrop that aptos did. There was a nice airdrop of about 3k dollars to 10k dollars for everyone. It's sad if we miss these.
Yes, it's one of the biggest testnet airdrops ever, no one expected the price to break through $50, it's a shame I missed it too. The crypto market is silent but sometimes we can find something valuable in its silence. Sometimes Airdop brings more than other bounty area, though I never experience luck In choosing airdrop thats why i stopped because most of those I joined only brings pain in my ass lol. majority are scam some pays but BS token that worth nothing till now. So congrats to all of you who had been earning in Airdrops . You stop that's why you never get any luck for receiving some good compensation coming from few gems on airdrop scene. Maybe if you are still interested to get back on this scene much better if you continue to join all of them if you can since for sure there are few of them will give decent profit to their airdrop receivers. And as long as its free then there's no harm to try any of those airdrops available.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Sir Legend
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October 22, 2022, 02:24:23 PM |
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Cryptocurrencies are actually not silent. Yes, we are in the bear market, but that doesn't mean it's silent. A lot of things are done in the bear market and they are reaped in the bull market. That's the main logic. For example, the airdrop that aptos did. There was a nice airdrop of about 3k dollars to 10k dollars for everyone. It's sad if we miss these.
Yes, it's one of the biggest testnet airdrops ever, no one expected the price to break through $50, it's a shame I missed it too. The crypto market is silent but sometimes we can find something valuable in its silence. Sometimes Airdop brings more than other bounty area, though I never experience luck In choosing airdrop thats why i stopped because most of those I joined only brings pain in my ass lol. majority are scam some pays but BS token that worth nothing till now. So congrats to all of you who had been earning in Airdrops . Right, the majority of airdrops currently are scams, in my opinion the best airdrops are from coinmarketcap, I've been a winner several times even though I only got $ 5 for 1 program, and now I have stopped because the airdrops competition is no longer fair, participants can reach more than 100k while the winners only 1000
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jossiel
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October 22, 2022, 02:36:10 PM |
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Right, the majority of airdrops currently are scams, in my opinion the best airdrops are from coinmarketcap, I've been a winner several times even though I only got $ 5 for 1 program,
Well, it's not an exception because no matter where is the source of the airdrop, it can turn into a scam at any time. and now I have stopped because the airdrops competition is no longer fair, participants can reach more than 100k while the winners only 1000
There is the new trend of airdrops these days. It's not literal airdrop that you've got nothing to do but it's like the test nets that I'm starting to see where flocks of testers are coming. Although, you may have no idea what the result will be but if the project is a success then the reward that they will distribute could be a huge chunk of what you may receive freely after the task.
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OgNasty
Donator
Legendary
Offline
Activity: 4914
Merit: 4853
Leading Crypto Sports Betting & Casino Platform
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October 22, 2022, 09:57:00 PM |
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It seems to me like the price is so stable because there must be a large entity buying up a ton of BTC around $19K. That seems to have created a floor price. There is a lot of retail selling going on and GPU miners are still figuring out a way forward. I would have thought we’d see a price closer to $13K by now, so the market is behaving more strongly than I assumed, which makes sense because the last bubble was also lower than I expected. It seems like things are stabilizing and maturing a bit in the crypto markets.
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Vinaa77
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October 24, 2022, 06:23:03 PM |
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Looking at Bitcoin's chart at the moment, it looks like the market shows downtrend. An analysis shows that Bitcoin experienced a major price drop during this period of 2018. Moreover, the Ukraine-Russia war is expanding. It doesn't seem to be any possibility to get green signal. Rather, if a nuclear war breaks out, Bitcoin is sure to take a massive dump. The overall situation is not good as inflation is also increasing at a high rate.
Of course if inflation occurs, then all stocks will go down, including Bitcoin. $19k is a very good price, and I think investors are still holding the price well so far. If nuclear war breaks out, of course Bitcoin or any investment is useless. We hope that doesn't happen. Because what is more important is not Bitcoin or any asset, but human life that must be considered.
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Lanatsa
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October 24, 2022, 08:17:24 PM |
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Looking at Bitcoin's chart at the moment, it looks like the market shows downtrend. An analysis shows that Bitcoin experienced a major price drop during this period of 2018. Moreover, the Ukraine-Russia war is expanding. It doesn't seem to be any possibility to get green signal. Rather, if a nuclear war breaks out, Bitcoin is sure to take a massive dump. The overall situation is not good as inflation is also increasing at a high rate.
Of course if inflation occurs, then all stocks will go down, including Bitcoin. $19k is a very good price, and I think investors are still holding the price well so far. If nuclear war breaks out, of course Bitcoin or any investment is useless. We hope that doesn't happen. Because what is more important is not Bitcoin or any asset, but human life that must be considered. Looking around then we could definitely say that we are really having those lots of economic problems and we arent that blind but surprisingly Bitcoin or overall crypto market did really make a good hold. Although prices arent really that high or we did really be a bear market as of this moment but its still lucky that we've been holding on 19k price without having those bad huge drops but we cant really make ourselves that confident considering that anything is possible or could really happen on crypto space.We cant really just make ourselves that too hopeful and anticipating so that we wont really be ending up on frustration once the market do goes into the opposite side.
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JahriMeayer
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October 26, 2022, 10:40:21 PM |
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Cause this is bear market. Crypto market have uptrend and downtrend which will come respectively. Because of most of crypto were heavily overpriced, bear is here to make the market clean again. Although its staying longer than expectation but there's no hard & fast rule about how long It'll be continue. after year of 2017, bear market stayed more then three years and creating frustrated situation. Still don't know when uptrend will start again but optimistic, soon.
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Baofeng
Legendary
Offline
Activity: 2772
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October 26, 2022, 11:00:32 PM |
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Many people think that cryptocurrencies are high privacy, anyone will not be able to detect wallet owners, this is the advantage of safe, and anonymous cryptocurrencies, and anonymous, with anonymity will certainly make the owner never worry about their identity.
Not sure what you really meant by this? we all know the at least for bitcoin wallet, we only have addresses and it doesn't have any names attached to it. Cause this is bear market. Crypto market have uptrend and downtrend which will come respectively. Because of most of crypto were heavily overpriced, bear is here to make the market clean again. Although its staying longer than expectation but there's no hard & fast rule about how long It'll be continue. after year of 2017, bear market stayed more then three years and creating frustrated situation. Still don't know when uptrend will start again but optimistic, soon.
That is what we call cycles in bitcoin market, and currently it run every 4 years because of the halving. So it we go by that argument, yes we are in a bear market that's why bitcoin and every other crypto is down. Investors are not pouring their money here. But after the halving, we might see the price going up and in the next couple of years we will a new all time high, it's just a question on what will it be this time.
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Gayong88
Member
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Activity: 1540
Merit: 22
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October 27, 2022, 11:17:24 AM |
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I think it is necessary to explain why people get into cryptocurrency, and then some users will sell out of panic or confusion. The decline we are seeing today may be temporary, but it may also be the start of a new downward trend. Only time will tell.
The best solution is to join a bear market and wait if you have the ability to wait.
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wmaurik
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October 27, 2022, 05:03:20 PM |
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I think it is necessary to explain why people get into cryptocurrency, and then some users will sell out of panic or confusion. The decline we are seeing today may be temporary, but it may also be the start of a new downward trend. Only time will tell.
The best solution is to join a bear market and wait if you have the ability to wait.
Don't wait too long if you have the opportunity to buy more in a downturn, because you can lose the opportunity to buy at the lowest price when you wait too much and don't make a decision to move in a bear condition. Now that Bitcoin has had a slight price fix, so have several other cryptocurrencies on the market. And that is actually a boon for those who have bought Bitcoin and other cryptocurrencies at their lowest prices in the past few days.
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KennyR
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October 27, 2022, 11:33:22 PM |
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I think one of the reasons why it is quiet is that very large margin transactions are taken. That's why there are some sharp movements with the announced data. With the last rise, this silence was slightly broken upwards. I don't know if it will continue, but I think most people didn't think this rise would come.
Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market.
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TravelMug
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October 28, 2022, 02:22:41 AM |
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I think one of the reasons why it is quiet is that very large margin transactions are taken. That's why there are some sharp movements with the announced data. With the last rise, this silence was slightly broken upwards. I don't know if it will continue, but I think most people didn't think this rise would come.
Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market. That's call cycle, and currently we are in a bear market so the price not just bitcoin is going down very hard. And even if there is some good news around, or even some movement in the last couple of days, still it is very volatile and we might say that it will go back to trading sideways again. Call it silent or boring, this is just calm before the storm. Bitcoin halving is still very far though, so just need to be mentally prepared in this bear market and look at the bright side like buying because bitcoin is cheap.
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wmaurik
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October 28, 2022, 01:59:36 PM |
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Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market.
So far, there have been a lot of positive things happening around crypto and Bitcoin in different countries. That should be a driver for the price of Bitcoin and other cryptocurrencies in the market, but I don't see much of an effect from that for the market and Bitcoin. Plus it's like you said where nothing good is happening for crypto and Bitcoin right now, so the impetus for the price isn't very noticeable, except for the traders who fill the daily routine in the market.
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yohananaomi
Sr. Member
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Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
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November 04, 2022, 09:34:14 PM |
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Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market.
So far, there have been a lot of positive things happening around crypto and Bitcoin in different countries. That should be a driver for the price of Bitcoin and other cryptocurrencies in the market, but I don't see much of an effect from that for the market and Bitcoin. Plus it's like you said where nothing good is happening for crypto and Bitcoin right now, so the impetus for the price isn't very noticeable, except for the traders who fill the daily routine in the market. there are no major events that lead to the positive, so that it can excite the market, but instead there is negative news that makes the market even more unenthusiastic. because the negative news is about the economic crisis that will probably occur in 2023, where the world body has warned about this to countries that will indeed be hit by the crisis. maybe the big and good news that happened in some countries doesn't seem to make the situation any better, because this crisis clearly makes many countries have to tighten their spending in order to get past this problem. hopefully with the help of the world bank will push many countries to get through the crisis and will spark a new passion of the crypto market.
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