Quote from: Alfred V on March 07, 2018, 08:59:21 PM

Quote from: Anamika143 on March 07, 2018, 08:27:40 PM

I saw in cryptocurrency market every coin value going down, let's talk something now about future cryptocurrency.

The reality is the bubble popped -- like it has for the past few years. The prices can never just go up what we are seeing are good corrections.
Weak hands leaving, profiteering, and a healthy dump people are doing because of the season (they need money to spend).

Like any other investment portfolios I have (stocks and various types of funds) crypto currencies are not that far out different. Yes it's highly volatile but you can never explain how from being at 6k each BTC went up to 10k again in just a matter of months (you can't do that to say, Tesla stocks you will wait for years). People decide where it's going to be and a lot of credible people is in this game for the long run.

What we want to hope for are real world applications of the blockchain tech, using these different platforms. Changing the internet just like how many like BTC promised. Applications running on blockchain tech, Banks adapting for more secured transactions and so on. So you should have the stomach to wait for that to come because it is coming.

There doesn't need to be any technical analysis to explain how Bitcoin jumped from $6,000 to $10,000. Most increases are simply caused by the most of basic of principles: supply and demand. Usually when they are a lot of neutral or positive headlines regarding bitcoin or crypto, the price will go up, sometimes this can have a self-reinforcing effect which leads to more articles and even more interest. The community is still growing, it is difficult to determine the exact cause of most movement unless there is a completely obvious event behind it.