Bitcoin Forum

As reported by the cointelegraph according to the latest survey, most Bitcoin Investors and Speculators Maintained Their Positions Over Summer, most of the real hodlers are still holding, and the street has already become saturated. Are we waiting for more ETH to interest a new group of people? Will the situation not happen again?
https://cointelegraph.com/news/study-bitcoin-investors-and-speculators-maintained-their-positions-over-summer

I think that now the massive sale of cryptocurrency will last in the coming year.

Whales sell their coins, as they came to this market just for profit.

I think anything we say now will be pure speculation, nothing can assure you that will happen in the market, because if someone had that ability they would be a multimillionaire, I think bitcoin is going to recover, and at the latest during the famous halvening, so we still have to wait a bit.

Some speculate that there are not enough new investors to boost the price of bitcoin as we saw last year.

But as I see it, there are not yet enough people who have basic knowledge of cryotocurrency or have actually invested in. Bitcoin going mainstream is the next step in adoption. And this would be the catalyst to growth in value and increased usage and applications.

indeed it is very worrying if the pope sells big in the next year it will fall deeper, but that hasn't happened yet and it's just empty thinking, I am still optimistic about the increase in bitcoin at the beginning of the year even though it's a little

there is no point in analyzing the market through "surveys" and things like that when the market itself is the clearest way of knowing what people have been doing. the biggest sell offs have been happening mostly in Summer in my opinion since that is when the biggest drop below the strongest buy support took place. that is the $10k support line which required a huge dump and caused the biggest panic afterwards when price hit the bottom at $6k.

and that drop flushed out everyone know was a weak hand and people eventually either held or stayed away from the market and i don't think anything has changed yet. maybe there are some who came back and started buying because of this underpriced level but people are waiting for the manipulation to end and the rally to begin before they come back in.

ETH to interest the new people? you mean that another big ICO should attract more investors?

These ICOs are going to be drought by 2019 and there will be another one that will be form as an investment which will draw attention of many back to crypto's.

The article is posted around September, prior to the massive drop we have witnessed last month so it makes sense that investors are still holding at the $6000-$6500 price. But we don't know if they are still holding their positions when the price plummeted < $3000. There might be few speculators dumped some of their stash and will try to buy once we see the last bottom, or maybe majority really panic and sold everything specially when the Bakkt bitcoin future offering was pushed next year.

speculation is spreading and the exchange rate is still low.
How do your forecasts look like for the next six months, will something move up or remain stagnant?

We will have a lot more of the same, until early February when the SEC makes their decision on the Bitcoin ETF and then we will see either a rise or a drop in the price, depending on what happened with that decision.

That is to say, if nothing noteworthy happens before that, because I heard the Japanese regulators wants to approve a Bitcoin ETF before any other country, so that might push the price higher before the US announcement.  ::)

If we don't see a proper improvement on adoption side, we can't see an up trend on prices of cryptocurrencies.  Also, high fee rates and difficulties on transaction side must be resolved. It is not possible to see records on prices.

I feel like a "Real" HODLer!   

Got my self like 10,000 Shitcoins hanging out, worth a few bucks a piece!  ::)

Hopefully all these airdrops, and bad investments pay out....

This is interesting, if the Japanese regulators want to approve an ETF it is
more or less a given then that it will go ahead.

However it is hard to say if there will be a rise in the markets eventhough
the news would be positive.

We have seen it many times "buy the rumour, sell the news"

All storms collect information based on individuals they collect through Blockchain addresses. There are many people who own Bitcoin on exchange floors and this marks its existence. Everything is not saturated and the fluctuations still happen every day.

Well considering the Bitcoin ATH price is somewhere around $19,665 I would say we still have some time before we are anywhere remotely near that figure.
That ATH price was on 12/16/17 and we are down nearly 80% since that mark.
Rather than focusing on the price and value of the coin, take this opportunity to expand your knowledge and familiarize yourself it the technology it offers.
The price will always fluctuate but the knowledge you can learn is priceless in itself.

Many are still holding and no one is willing to sell at any price, as per reports. This means that bitcoin is just strong as other assets and no one just wanted to abort their investment through it.

With the reports, many are the ones who are into long term position. And the others doesn't have any choice but to keep on holding to provide some recovery from their losses last all time high.

I seriously doubt that SEC's decision about ETF can have any significant effects on the price of bitcoin if they reject it again. you can't have the same trend of a small rise before the decision then drop after, 50 times! there comes a time when people are going to not believe in the false hype anymore.
if they accept it then it would be a different story although I doubt that even more!

one thing is a possibility though. Japan can start a bitcoin ETF and then US can follow shortly afterwards just to not-fall behind! then we can see some hype and a rise which can be the initiation the upcoming rally needs.

yes it seems that if we just wait for crypto market this will be the hype that happened in 2018, it seems that it will no longer be possible. I myself have not become a HOLDER anymore, since October 2018. However, after seeing the situation at the beginning of the year, it seems that major crypto still has potential interest, but I'm also not sure this can last longer.

this new will make a change in the market, won't it?