Bitcoin Forum

Hey Guys, if you haven't noticed by now, our current market cap is not too far off from exactly one year ago. You know what that means? It means we could possibly see almost a trillion dollar market cap all over again! Do you guys think this is possible? why or why not? I think it is, especially if BTC ETFs go through

We can or can not - it does not depend on us. This will be decided by the people who manage this market. If they decide to do so that the market grows strong, then I would not be surprised at a price of $ 50,000 for Bitcoin. But if they decide that the market until that time was at the bottom, then it will be there.

I think it's probably hard to do that,the shortage of funds in the whole cryptocurrency market, and the small number of new people entering the market, has led to the emergence of more and more altcoin, which makes it difficult for the cryptocurrency market to usher in a bull market.

Notice that if thee crowd waits for smth, things go in opposite side
We can see BTC 10k or 20k, and also we can see 4k or 3k
We can only stick to the whales and earn with them
whaletank club

I don't think so.
The cycle will not easy like that (1 year).
May be we have to wait until December of 2020 to see another flash pump

People learn from experiences.  In my opinion it will be too difficult to reach that price again.  Nobody will buy BTC for 20k USD.

yeah of course, we will see a trillion market cap even before the end of this year. In the past few weeks the market cap was increased very huge, not only bitcoin but all of crypto market, and we just see a good pump in bitcoin price today, I think this is the start of the bull run, and we will see $20.000 bitcoin again this year.

well, i think it is possible, why not, everything is possible in the cryptocurrency world, so i think we have all chances to see it

there are alot of different thing happening to the market, so yes, i think that we can see the same pump like we have seen

This is a possible scenario yes - anyways, sometimes I think it will happen when nobody expects it :D

One thing that could be very interesting is whether the SEC will approve a Bitcoin ETF in August, that would allow a lot of capital inflow into the space and hopefully some value uplift.

Probably yes, because im to old at the crypto world 4years from now, as i observe always when december the value of the Coins will pump. Then after december the value will dump.

I think that in general autumn and winter is the best time for crying, because all investors after a good breath and with fresh forces begin to work actively after an active holiday so I think that this is exactly what the market is growing for autumn!

Majority of people who should know about cryptocurrencies last year have crashed and burn at the last pump. Now they have learned and would not do the same mistake again. That being said, it will get harder from now on as the attention for cryptocurrencies have subsided.

just because you see a certain number for the total market capitalization it doesn't mean we are going to see another altcoin pump! the total market cap is going down and will continue to do so because of the pump that we just had, right now this is the leftover of that action and you need to wait this altcoin winter out before starting to buy altcoins again for their pumps.

It might not be an altcoin pump but even a BTC pump would inherently lead to an Altcoin pump as well given that altcoins would become undervalued on a relative basis and therefore "pulled along" by a rise in BTC value

There is no doubt about it. It is a market of speculation and manipulation. Nothing happens by accident here. Sooner or later, whales will want to bring hamsters back to the market. And for this, they must pump up the market more than last time in December.

Yeah I agree with you if the ETF which is upcoming in August if it goes through then we will see a major rise and bull run in crypto market, And I think it is possible that things that happen last year could repeat it's self again.

I don't think that in december we will see pump. Mainly because everybody want to get rid of their coins which prices is really low right now. So i think that we will see pump in maybe in summer next year

I don't think that will happen this year December because the market has been down for so long without a sign of serious improvement so it will be very difficult or see a pump by this December.

If that happens that would be a coincidence. I'm not expecting another pump but it would be welcome.

We don't know what is happen to december 2018 if it's increase or not, but all of us want to see the price of the bitcoin to pumo again because once bitcoin increase it will increase also the value of the altcoins who base to the bitcoin.

I do not think so it will go exactly as last year as this year is totally different if we compared to all previous years, many experts opinion regarding cryto market gone wrong in last 8 months, but hope it will recover as soon as possible any time unexpected soon.

We alll hope and pray for it. i wish this December we will huge pump for all top coins, we deserve it for sure!

There are two groups of people that are involved in pump and dump scams. First there are the players.These people artificially increase the price of a coin by endorsing or promoting it. They’ve spent several minutes, hours or even days purchasing up cheap coins, and they build up the buzz when they are ready to dump them. And there are innocent newbies  but sometimes even more experienced traders get cought) that will be dumped on.

I don't see any indication that crypto will be pumped by the end of this year, huh. this is far from possible
we all hope the market will grow again and be normal but the fact is that the situation has not gone well. maybe growth will occur in altcoins that are carrying out their progress and this will help for bitcoin to grow.

that is what I really expected, as happened in 2017 but the impact is because the market experienced a correction and accidents that have resulted up to now.
maybe now it is more suitable to buy a lot of cheap altcoins but that can bring profit

Since last February,I only hear that will soon be a powerful pump. But neither in spring , nor in summer, nor in autumn it didn’t happen . And I don’tI think the growth will be when all are so waiting . It will happen unexpectedly and abruptly when most people are disappointed and leave the market forever. And growth needs a strong news, such as "China unban ICO".

This shows how unpredictable this field is. People can not guess what will happen. Market manipulation is also happening. As you said, we need strong news and big money investments. Then we will be able to see bullish market again.

Last December we didnt have not strong news and "big money" ( I mean in December ). So it can be this December or cannot. I guess we will see it for sure in November, cuz huge pump cannot happend in one week...

I agree with KRAUSS, I also think that if there is a strong growth in December, then in November there should be market changes for the better. I think it is also possible that the market will start to grow in January, as everything will depend on the decision of the SEC, which will be made at the end of December.