Post
Topic
Board Speculation
Re: The fourth quarter of 2018 not the brightest
by
gabmen
on 17/11/2018, 08:35:52 UTC
the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.   
Well, I dont agree with you concern what you said about the fourth quarter to determine yearly market status because the last 2 months of every year  are time crypto currency market usually face some dump in price because thats the time some people spend some of their coins. But, I can only say this year market is not been fair to those that bought during the last ATH  and they are smart enough they have to buy in this dip.

Nah if you've observed dude for the past 10 years, mostly the last 2 months are the ones that had considerable growth. I don't think people are spending bitcoins for the holidays. It's mid november and usually by this time the price should be in a positive movement however it's not.