Post
Topic
Board Trading Discussion
Re: Crash recoveries are not moons
by
Whosdaddy
on 11/09/2018, 12:53:33 UTC
Yes right. We do not know exactly what are the reasons behind this changeable market price. Everybody is expecting a price increase for a long time now but when it started to go up, all of a sudden the market price starts to drop again and this makes us more frustrating. This is correct that crash recoveries are not going to the moon.
A market that changes over time is just basically dependable on the supply and demand level of the market. We all know the law of demand and supply, so I do not need to be stating what is obvious already.

The market does not have any news that is capable enough to drive in a huge demand, the market is also highly speculative in nature and the real life usage is not even intact yet, so all these things calls for the reason why the supply keeps increasing irrespective of there being a manipulation or not. If the market demand is obviously intact, as people are dumping, some are quickly buying and whoever is stronger in the market wins.