Post
Topic
Board Speculation
Re: Why the Crypto Market Remains ‘Moderately Bearish’ in 2019
by
Slow death
on 28/01/2019, 09:13:01 UTC
With the exception of Ethereum, which seems to have started the year with all guns blazing ahead of the Constantinople fork

see the current ETH price:



January 4, the ETH price was  $156 and in relation to bitcoin it was 0.04 BTC

Imagine who bought ETH on January 4?

this is the great problem of this crypto world.

If someone says: " BAKKT was launched today " the price suddenly rises, even if BAKKT are not yet buying bitcoin. the price increases only because of news and not because there was a lot of demand that justified the increase of price.

The prices of top coins are dropping very cheaply...

many of these altcoins only solve the problems of the internet and there are many Copy/Past projects, so you can not expect them to increase much without a pump and dump scheme