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RE: Why Bitcoin Is Not Reaching $10000 ? Why Crypto Bull Run Is Not Coming ?

in #bitcoin • 6 years ago

@moneyguruu , As per my concern, cryptocurrencies market is heavily depend on news also. If you observe then you can clearly see that for last couple of weeks were full FUD news like India's RBI crypto bannn news, Mt.Gox btc sell out etc. So it create a panic sell situation. Also some whales manipulate market. But people are educating in crypto, once time will come when people will don't care about those FUD. What do u think??

6 years ago in #bitcoin by
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     6 years ago 

    I always say it is dependent on news,FUDs & FOMO but this futures contracts is 1 step ahead all this and it can be clearly seen from above charts as well ..

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     6 years ago 

    @moneyguruu,, what is this futures contacts actually??

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     6 years ago 

    @angeera1000 : A futures contract is a legal agreement to buy or sell a particular commodity or asst at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange.

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       6 years ago 

      Thanks for answering :)

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         6 years ago 

        @moneyguruu Many would think his/her question is silly.
        But, we can only grow if we help others on our way..🙏🏼

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         6 years ago 

        @allinone7 FUD and news also play big part like from FUD and news we short traders comes in panic but these big exchangers contract really play big game .

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         6 years ago 

        100 % they do without a doubt but for me Futures is much more responsible !

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           6 years ago 

          yes, i am agree with you,,
          when bitcoin hike, many investors had bought on high price, they are waiting for increment of price and now whales are breaking their patience so that they sell their bitcoin at low price and people going to panic sell, whales are taking advantages of fear of new traders and those news.
          they also watched the youtubers videos,,, i donot think , any youtuber prediction would be correct in last 6 month..

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