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    Thread: Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

    1. #1
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      Default Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

      Why Cryptocurrencies market open everyday and which things mostly affected for moving this?


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      Feny (12-30-2018), Unregistered (2)

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      Default Re: Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

      Never open and never close it remain open 24/7 and you can place a trade at any time in a week. In fact, there is no regulator on the back end and it depends on the exchanges and that remain open for all time and there is no close time. If you want to buy or sell just put an order there and your order will be filled as price come to your level.

      The markets that we experience until now that open and close for a specific time the most common reason behind is a regulator that define when to open and when to close but when consider crypto than there is not regulator its only exchanges and liquidity providers which have control over it. Even online currency brokers provide access to this market on off days. Even this market remain open on Christmas.

      I Trade Structures, not Noise.


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    5. #3
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      Default Re: Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

      The cryptocurrencies never close and, and its always pen even during the holidays, why? honestly i really dont know the reason to this. but i think the fact that the cryptocurrencies has nothing to do with the any regulatory body player major role in this. and the fact that every transaction is based on the block chain as well.
      so what moves the cryptocurrencies market?
      its really difficult to know what drives the crypto market, because its not like the currency market where the economy can affect it as its not connected to any country economy.
      For me what moves the crytocurency market is the level of the cryto transaction that takes place, if there is large investment in bitcoin, this will drive it up and in the situation where there is none, this will weaken it movement


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      Default Re: Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

      The crypto market continues to fluctuate every second, because there is currently no international market, especially from bank dealers. So, before trading volume can really be arranged, there will be no holidays like forex. Or, it will never be manageable because of the blockchain-based crypto currency.

      As we know, the crypto currency market is currently on crypto exchanges, both locally and internationally. Price differences also often occur, especially in local exchanges.

      Because these exchanges are not regulated by the government and the central bank, they are free to determine when the hours are, all of which are determined by the "Consensus" of the crypto community.


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      Default Re: Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

      Did you think ever to stop the earth ? Crypt currencies is the same thing where you cant stop it. So crypt currencies market open everyday while these Currencies start. Actually there is no authority to control it where user only maintaining the currencies.

      Even though crypt currencies was open on Christmas day too. Last year I made some big profit trading with Bitcoin, actually the real price was 1500$ but within just few days the price reached 20K, I see around me there were lots of people who bought too many bitcoin, just after few days the price of all crypt currency fall down, even though bitcoin goes near to its actual price 4k. Still its half of its actual price, but I think the price of bitcoin will go near to 2k soon.

      Though there is no maintenance authority its open 24/7 where you can do trade everyday though this time here is no situation to trade with Crypt currencies because of its non volatile market, still people are not interested to invest with crypt currencies. But it may use for some illegal transaction, already few countries already banned it.


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      Default Re: Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

      Quote Originally Posted by zahid4x View Post
      Why Cryptocurrencies market open everyday and which things mostly affected for moving this?
      it is open because no one has control on it to handle, mining goes all week long and so the blockchain, and that is why they are opened all the time, and most important thing is the blockchain transactions won't display until it synced and to you have to keep it open it is necessary I believe.
      I'm not RANDOM you just can't think as FAST as me


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      Default Re: Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

      Answers to a question such as this remains to be seen until now. Despite the fact all the fiat currencies, CFDs, Stock and Metals close on weekends, these Cryptocurrencies don't close. We need not pay attention to what moves the market but I want to guess maybe it's because they are not controlled from the World Bank.


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      Default

      The cryptocurrency markets never close, there are no opening or closing prices that we can identify. The workaround that is currently in place is to calculate the 24-hour price change by comparing the current market price to the price a given cryptocurrency was trading the day before at exactly the same time.


    13. #9
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      Default Re: Why Cryptocurrencies market open everyday and which things mostly affected for moving this?

      In the simplest terms, it means that if youíre just looking at the percentage change over the last 24 hours, you canít tell whether youíre seeing real-time price movement in the cryptocurrency or just residual price volatility from the day before.


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