Bitcoin Forum

Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

Expect capitulation for BTC down to $2000-1800 in February.

Thats where I think the bottom is

If, judging only by the current Bitcoin exchange rate chart, then it may be possible to break the bottom. But if we take into account the human factor, then there is a good chance of raising the price.  :(

Adoption rate doesn't have a whole lot of dependency on the price of the bitcoin, rather it is mostly dependent on the local government policy. So looking at the bearish or bullish market it is impossible to guess the adoption rate of cryptos. Even if bitcoin's price increased to 20k again in 2019, the adoption may not increase in some particular geographies if their local governments is negative about it. On the other hand, you can see a lot of adoption ongoing even in stagnant market if the local government has a favorable policy about it. So your question is unrelated.

Adoption that increases with price increase, is besically the adoption by the speculators and doesn't have a long term effect. 

How does the course of cryptocurrency related to their adoption? You have a strange logic. The adoption of cryptocurrency depends on the government and their relationship to it. Well, as well as the degree of usability in life.

Price doesn't dictate the adoption rate cryptocurrencies take, as we can see that there are still lots of services eyeing to go and penetrate the market despite the lousy market conditions. Also, price alone isn't the basis of a crypto's success, as there are pump and dump coins reaching insane heights with no real-world value whatsoever. It will take some time before we see some life in the markets as institutional investors are out there in the sidelines waiting for the right moment to enter the market.

The adoption rate that we have seen so far from the previous year has always increased dramatically, but only in certain sectors that usually have an easy relationship with the internet, unfortunately this is inversely proportional to the market condition which continued to decline from last year

While the price does not necessarily measure the adoption of bitcoin I cannot imagine a better way in which we could do that in bitcoin taking into account its pseudonymous nature, and with that in mind then the adoption has gone down, many speculators got out of the market and many investors interested in the technology have delayed their plans to adopt it or have cancelled those plans, so adoption has been deeply affected and it will remain the case for the short term until the price of bitcoin begins to show a recovery.

There is no thorough method with which to check increase or decrease in adoption. It is still being accepted by a few merchants, and bitcoin ATMs are expanding, but actual investors can not be aggregated.

Regarding your last question, it is hard to say

On the one hand, falling prices make people less confident in the future of cryptocurrencies, so it can be said that the bear market has negative influence on adoption. On the other hand, though, if we assume that it was speculative value that got trimmed, it can be said that more bitcoins become available for real use at lower prices. It seems counterintuitive but for a currency a lower price may actually have a positive effect ("a blessing in disguise")

For example, Dogecoin is cheap as dirt but it is likely one of the most stable altcoins out there. How come? Because its real use is outstanding. It is not good for speculation, which pretty much means its price reflects its real value. But real value is what gives a coin price stability

The price in December 2017 was heavily based on speculation about future adoption. The way I see it, all bubble periods are more indicative of speculation than adoption. Speculation causes price to rise way beyond fundamental usage.

During the bear markets, speculators get shaken out of the market and price reverts to the mean, which is probably closer to a value based on "real adoption." By some metrics, the number of crypto users appears to have doubled in 2018 (https://cointelegraph.com/news/number-of-crypto-users-nearly-doubled-in-2018-study-says) in spite of the crash. So I think that's indicative of the dynamic I'm talking about.

The adoption rate increased but the people keep on crying due to their basis is only the price of bitcoin and other altcoins. This bearish market gives a lot of opportunity mostly to the institutional money to get in.

Crypto market is getting tons of attention from these big players. They're looking a way to save their money and grow in due time.

If you want my opinion, I don't think so

It was just all wild speculation, the epitome of buying low and selling high. No one was actually thinking about future too much at all as long as prices had been surging (let alone about future adoption). Really, if the price had been rising for a few months so much (starting in August), it was basically easy money. So if anyone actually thought anything about future adoption, such growth would likely make them question the feasibility of this adoption


Just an aside, there is no "mean" to regress to with speculative markets as it is not a normal distribution to give the "mean" any meaningful meaning (pardon the pun). The price is more like a random walk, statistically speaking

The fact is that many investors lose their funds due to bearish conditions in the criptocurrency market. For some people to exit this situation is a reasonable choice, but I see the spirit of increasing the rate of adoption of criptocurrency quite positively in the future even though the price of bitcoin has decreased. linking market conditions and crypto adoption is superficial thinking

You are rather being off topic. this is not the answer according to the question in the OP

Ofcourse it did decrease the rate of adoption compared to 2017 but lets not forget that the believers in bitcoin will continue coming in. it's all that matters

In early 2018 we had reached a big amount of Altcoins in the market. I think that this wasn't necessary and it was bad for the market. Hopefully, after the bear market, the altcoins that are not needed are "vanished". I believe that the bear market was a must for the market and it had no impact on the adoption rate of cryptocurrency. Instead, it has made the community and the projects more solid for the future.

the situation and condition of cryptocurrency is decreasing, now there are not too many cryptocurrency enthusiasts because the popularity of bitcoin is getting weaker due to the influence of the fall in the price of bitcoin and making the price of cryptocurrency weakening and many will hate bitcoin.

The adoption increased by a lot. There have been about 10 billion dollars invested into crypto space over the course of 2018, that is 10 billion dollars that wasn't invested into another market. That means not only ICO but also companies of bitcoin/crypto related fields got paid as well. Last time bitcoin went high it was unsustainable because there was both very few places that you can spend your money on plus it was not possible because there wasn't too many places that you can buy and sell bitcoin at the level we have right now.

In 2019 we will have the luxury to having more places to spend our money plus more places that we can trust with our crypto as well. Another spike to over 20 thousand dollars will not be dropping as fast as it did because this time the price is more sustainable than ever and even if it drops it will not drop this much again.

many factors are causes such as hardfork on coins, traders' speculative pressures, false news, imbalances in supply and demand.

the only thing that the altcoin pump and dump of 2017-2018 did was to help a large number of newcomers become familiar with the altcoin market and know that not everything that they hear in the advertisements of shitcoins is truth. they are always exaggerated to get them to invest their hard earned money into these tokens.

This market does gain a decent level of adoption from bubbles, because all the insane price action we go through attracts people, and while a large part gets burned and doesn't look back for a while, a lot of these new market participants are here to stay. What other than bubbles and crazy price action has the crypto industry as a whole to market itself with?

Sure, the price action is pure speculation where people are basically front running the potential of whatever they invest in, but you can't get around the fact that after every bubble, there is more adoption/user activity.

The implications of the bearish market are people getting stuck in the high price because they are buying many coins at the high price and suddenly, the situation changed and they cannot sell right now and even for cut lose. But at the end of 2018, we see that the market can move and some coins can rise for a little price, and it's good for the market because we can see the price can go up and down in many times. We can hope that in this year, every coin can increase again so we can be back to make a profit like before.

Even ICO's projects last year they are stuck at the high price and now they can't perform it will and some are waiting when the price goes up in the market before they decided to list an exchange. Those scenarios are the same on us as an investor, we don't have anything to do is just tighten our belt to hold in a long time. Hopefully, Bitcoin will recover itself behind of those obstacles that might be facing now.

I do not think it increased the adaption of cryptocurrency after the bearish market. Investors tend to venture another kind of investment after losing some.interest in bitcoin. This is why bitcoin market price has gone stabilizing ij tue bottom part. Besides, Bitcoin ETF was not passed instead it was just being decided to discussed it later. This maybe the ETF needs more references before it will be decided to pass on or not.

It is difficult to say what the year 2019 will be, but I think that we have not yet reached the bottom. I am waiting for another fall in the region of 2000-2500 for Bitcoin. Then there will only be a recovery. And I believe that recovery will be slow. Most likely, almost the entire 2019 year, the price will be in the range of 4000-7000 dollars per bitcon. But towards the end of 2019, an increase in the price to $ 9,000 is possible. But these are exclusively my thoughts. Regarding the market of ICO projects, it is difficult and imagine what to expect. Most likely, new projects will be released significantly less than in 2018.

There is no specific impact of the bear market on the cryptocurrency market, the price decreases after a rapid growth and against the backdrop of many negative news and uncertainties in this area.
The market should "Cool down" after the rally in 2017 and only then will the perception of this market again.
Until the summer of 2019, we will definitely not grow and the Bottom is likely to be around 2000 dollars.

It seems difficult to see the current market, we think in reality and graphs that cannot ascertain market conditions. The current movement seems slow and stable. Although good news flows but still can't move up quickly, everyone can go up for a moment then go back down.

Don't get me wrong, there's obviously adoption happening during bubbles (and afterwards). In fact, the April 2013 bubble is the reason I'm here today.....I saw the growth back then and was fairly quickly drawn in by the emotional market action and also legitimate interest in the technology.

I just think speculation is a significantly bigger factor in times like late 2017. It's times like now or like 2015, when the speculators get shaken out, that we see a price more closely correlated to real adoption. Just my opinion of course.....all we can do is guess at this stuff since there's a million and one variables affecting the market.

The people that invested during the bubble probably learned their lesson but the price they paid to learn that lesson was so high that it is likely that a significant segment of those investors will want to avoid cryptocurrencies from now on, which is not good for us or the market and it is one of the most important reasons the market is still going down and showing no signs of a recovery.

Adoption rate? Yes it grew.
So the question is why the hell it didnt go back to the higher value?

Number of exchange also grew so rapidly. Left and right creation of ICO with a project about making their own token or the higher percentage of them all which is making a better exchange (they said so).

With those large amount of them, the scams have been also higher and the investors are being divided.
If in example there could be like 10 investors per ICO project which could have been 100 investors per one. That couldve heightened up the value of the token.
Same goes with bitcoin by now.

Hopefully the implications are good, hopefully when 2017 happens a very good bullrun and in 2018 the market will be bearish, so I hope that the implications will be that this year there will be a bull run like what happened in 2017.

Interest rate went down as those investors who make an entry way back 2017 are very frustrated with what happen after, they are not impress and begin to quit and forget about this market, maybe if they just allow themself to study first before jumping to this industry they won't go away with a huge loses but to keep on surviving working with the trend.

Lesson learned in the hard way only those who can take it and keep working with their knowledge will see the benefits after.

It decreased a lot I think because the new money entering into the market completely stopped and the traders are the only keep circulating their money to make profits from day trading.But the bearish trend removed lot of people who just came here for money o only the holders are now here with strong intention and looking for future of decentralization.

Most likely there will be another panic in the region of 2000 - 2500 dollars for Bitcoin, and then we will be able to see a long flat in the range of 4000-7000 dollars. And this flat will be until the end of 2019. I don’t think we all should expect a quick market recovery. What happens next no one knows. In the world today, the situation is generally quite complicated in terms of trade wars, overheated stock market and other not very pleasant events. If there is a global financial crisis, then you can only sit and watch what happens next. As you in the evening in front of the TV, waiting for a fascinating film with an unexpected turn of events.

indeed many people just enter the crypto then the price drops, so many are frustrated, because the market drops dramatically. many leave crypto, but there are also those who are faithfully waiting for the market to rise again

Globally I feel the long bearish market trend of 2018 have a negative impact on the cryptocurrency market as several newbie investors became skeptical about the sector, look more like an unstable platform where you cannot be sure of the safety of your investment portfolio.

It seems a new economic crisis is getting closer and for the first time we're going to see how the market of cryptocurrencies reacts to it, I have expectations that the market is going to behave very well however it is also possible that investors see this market as completely speculative and decide to get out of it making the price to crash even further, however regardless of what happens we are about to see some really interesting things happening in this market and I will not miss how the events unfold for anything in this world.

Crypto market not really behaving so well for now,  it's continuing declines makes some investors to think negative about it's future and could give some attentions into new adopters. I know how they feel,  having some depressions will definitely bring us down.
We just hope that someday we will have a huge bounce back and so investors will change their mind and continue their business in crypto.

Everything goes on as usual! The market of crypto-currencies is not so attractive at the moment for investors, but we must take into account the fact that most of the projects continue to develop, so we can say that the industry of crypto-currencies is also developing and is gaining more and more recognition.

It will happen eventually, we just don't know when. At some point the sellers will run out of coins and the market regains its strength to finally make higher local highs instead of continuous lower lows.

The price never went up endlessly, and it never went down endlessly. Some don't believe that we bottomed with how markets in general aren't this generous when it comes allowing you to buy in this low, but it's still speculation.

I prefer to go against the mass, and when they get overly concerned about the market, that's mostly a good moment to counter. People believing in lower lows have likely dumped a large part of their bag already.

It could be that one final dump will be needed to shake out these people completely, but that seems a bit far fetched in my opinion....

Maybe the crypto market is not so attractive to many investors for the past year 2018 compared to 2017. Also ,we know that bitcoins value always depends on  demand and supply. The demand now in crypto market are subdevided because of altcoins and i think that is also a reason why bitcoins value drop down.

I don't see crypto adoptions decreased. people are positive and hopeful that the bearish season will soon pass and besides, cryptocurrency if not the mainstream but popular and though there are more and more people being victims of scams in cryptocurrency, it did not disheartened them to continue. I cannot think of anything more interesting and more profitable than crypto in spite of its negative characteristics.

I dont know about the impact on crypto adoption but i think the project should keep run not matter the price drop in market. If the developers team believe on the project and the future, i think developers team should ignore the price in market because their focus should be on the project work

but with prices dropping usd, it makes it difficult for them to move into the project. so that many of them scam and some use it by escaping funds from investors. moreover the development of crypto depends on bitcoin, so as long as bitcoin has not risen, then other coins will be the same

The answer to this is quite obvious from the entire market cap. An increase in adoption could reflect on the market cap but the opposite was witnessed. The long bear market which happened in 2018 caused a reduced adoption of cryptocurrency as it gave many people doubtful thoughts about the market. 2019 has good things installed for the entire crypto space.

Yes, actually in my area, there have been many bitcoin fans since the beginning of 2017, the time has reached its peak, many people have flocked to invest there, but after 2018 bitcoin starts to fall or someone leaves and only a few are left, but I will remain optimistic.

There is no reason to think so or assume anything to that tune

If we cut the crap, the market cap of a cryptocurrency (say, Bitcoin) is just its price conveyed in a different form. So what you say is basically equal to saying that an increase in adoption should show up as a price growth. That would be correct if the price was all made of real value. But if 90% of its value comes or came from speculation (and this might be a gross underestimation, especially if we look at things from an ATH perspective), then the price decrease can be extremely misleading

In other words, with lower prices we could in fact see wider adoption, which might well be the case now. Moreover, it is reasonable to expect that lower prices could strongly contribute to mass adoption, however counterintuitively it may sound, as there is less speculative overhead in the value of an asset, and thus more room for real growth. Simply put, speculation prevents adoption, but less speculation necessarily means lower prices

We can clearly see the marketcap going down but the adoption going up by the funding as well. There are many regular investment companies who are spending money on funding crypto companies. Just recently BAKKT actually received millions of dollars in funding for the upcoming bitcoin ETF thing they are working on.

Poloniex was purchased by Circle which is also purchased by someone like JP Morgan if I am not wrong or a company like that, crypto kitties got 15 million in funding. Basically adoption is increasing not only in an individual manner but also in a huge global company funding level as well. It means the marketcap has nothing to do with adoption at all, not even remotely. Hell making it low is better since the only way is up and that way companies can get in when its cheap and make more profits.

I see it a little bit different

Market cap is essentially the same thing as price (price multiplied by total supply, to be exact). So what you claim can be rephrased like adoption not affecting the price. This is not even remotely true. Well, technically, it is possible for changes in adoption rates not to be followed with respective changes in price but only under one condition, i.e. when the impact that these changes produce on price is equal to and completely offset by changes in speculative value. But this balance is impossible to keep for any longer periods of time, so it basically means one thing, that is, the real level of adoption is in fact quite negligible

I agree, despite cryptocurrency market have hard time and bearish condition, many new project launch and could be attract more investor. Many project still working with their project and perhaps will useful in the future, at that moment, cryptocurrency will be a good investment

The market keeps declining until now but it doesn't stop the adoption rate,lot of governments taking actions to regulate the crypto currencies which means more people are coming into the market.But the long bearish trend made some of the investors to leave as well.So it may equalizes both the adoption and declining result as same how it was in 2017 before the bull run begins.

I think the biggest effect and implication the current market status has in the market is the fact that many people are beginning to lose hope about the market getting better, and thus, many of the once eager investors are beginning to move out of the market one by one, and that, in effect, is really affecting the market negatively. Maybe, that's one reason why the market is taking longer and longer times to recuperate after drops and that affects the how the coins are doing as well.

Even if people believe that the market will soon recover that does not mean that is what will see, I prefer to be more moderate with my predictions that is why I believe that a recovery will not happen until 2020 but people should not be discouraged if that is in fact what happens, because that is going to give to us plenty of opportunities to buy more coins for a price so low that many people that are currently afraid to buy will wonder why they did not do it when they had the chance.

On the positive side,I do think that the bearish market of 2018 saw the going into extinction of so many projects that are not worth to be in the market.
Again, if you look at it critically, you would agree with me that bearish market trend could deter potential investors from investing and that decreases adoption rate.

Bottom be as low as that point is not the problem but is bitcoin going to recover from that point should be our concerns.  If bitcoin fall to $1800 is it going to recover this year or not and if it is going to recover will it goes as higher as $20,000 again?

The implication I see in general is along with bitcoin's low status until now all the rest of cryptocurrencies are also down and if mass adoption has increased or decreased, though some were dismayed by the situation there are still those who want to take risks amidst this bearish season. Most of them believe that this will just be for a moment but nobody really knows. As we all can see a lot of new digital coins have been rising and being listed in exchanges.

If asked about the price of a very very volatile bitcoin, its movements are very sharp, up and down, if we observe where the price of bitcoin gets an upward trend, it has been seen since the price of bitcoin in early 2017 was the peak.

Whereas in 2018 the price of Bitcoin tends to fall due to the start of regulatory pressures from various countries so as to limit the use of bitcoin currencies in addition to the existence of market competition and also those who are not responsible for fraud and hacking. . So of course reducing adoption rates compared to 2017. But keep in mind the many benefits brought by Bitcoin to achieve a bright future so many investors will come, I'm sure that Bitcoin will repeat history 2017. Only a matter of time

no one can ensure that, the market is very wild and our analysis is not necessarily true. but my prediction of bitcoin will not recover above $ 20,000 in the near future. and what I believe BTTC will rise later

Actually, it depends on what you mean by "investing" here

If by that you mean speculating, i.e. buying bitcoins with the sole purpose of selling them later at a higher price, then it doesn't look like a plausible assumption. If you disagree, think how much of the 2017 rally to 20k really helped mass adoption and whether it helped it at all. And don't forget to take into account that you can't consider this rally without the crash that followed it. Simply put, not all investments are born equal, the point being that speculative investments are not likely to help adoption (in a big way)

Everything can happen. but indeed in my personal opinion to be able to break the price of 20k usd again this will be very difficult because right now the decline in bitcoin is quite deep

It's need a lots of big investors and a huge amount of money to make a big run back, the bearish conditions still holding big investors to place
a big investment as they are not sure what fate will bring them, last year implications still been felt not easy to change that unless big run from
big whales happen immediately.

I guess when the bull run is coming, the price still very difficult to break the price of $20k because we see the big gap in the price itself. But it could happen if there is any good news of bitcoin that will make people out there realize the benefits from bitcoin and suddenly they join in the bitcoin. We could hope that it will happen in the future so the price can increase higher and perhaps it will be more than $20k.

Adoption i think doesn't take place only if bitcoins price is high,although its a big factor that people wanted to engage with it but for me,time is the most important factor that bitcoin had existed and be adopted.As many people knows and heard about bitcoin adoption takes place.

The rate of adoption of cryptocurrency depends on the interest of the government. And this in turn causes the use of cryptocurrency by people in the territory of this country.

right, time will answer all that, adoption is not helpful for the development of bitcoin. especially from that the good news is awaited to boost the development of bitcoin. we know that now is very boring, but understand to be patient so that we get what is expected later, namely price increases

False, adoption is very important for the development of bitcoin. It is an indicator that it is actually able to deliver what is is meant to do. For example, if adoption is high, it implies that the development is going in the correct path since people are satisfied with the results. The rate at which online wallets are created is a way to measure adoption and can be related to bitcoin's price.

Even with the bearish market last year and up until now, market adoption is still growing. More and more individuals are learning the benefits of crypto as means of payment method. Also, more payment centers are being established through crypto.


It's true, adoption is important in the development of bitcoin. Without demand, how can its value have growth in the coming years?

How if we can say that the adoption will help bitcoin to become popular and many people know about bitcoin so they start to use bitcoin and the time will answer about when bitcoin can reach a fully function in the transaction. I think it sounds better to heard and I am sure that this will gives an impact to the market too because when there is a demand from people, the supply will follow and it will push the price to increase higher. So that means, the adoption reaching goals and with the time is right so we could see the bitcoin will be at the higher price.

As for me, the journey of bitcoin for years has been so long and it was like a roller coaster ride. I believe that we could reach the bottom this year but it could still strike better in the future. We just have to keep the positivity within us until things get better.

We are in February now but it seems that the resistance of the market to go down is a bit tough and is somehow being fueled by random speculators or traders. I think Bitcoin would not go below $2k this year if someone was going to fuel it and push a little bit at the top there's no problem of the new bottom. The only problem now is a huge FUD that might sink the market instantly.

If it goes to 2000 dollars I will buy more, what I suggest to others too. It`s possible to happen, with so much fud around it`s always an option, but looks like market is going up this days, we have a nice uptrend. I already said that this year will be calm year, without big price fluctuations, it will stay between this 3-4k dollars range. Maybe we can expect something more in the last quarter of this year.

The implication is that many people leave the market and withdraw all of their investment funds with the aim of avoiding greater losses from bearish market conditions. Even though market conditions are bearish, the adoption of cryptocurrency actually increases because it is used by many to gain profits when crypto prices are cheap.

The effect of cryptocurrency market condition in 2018 is many people start to believe cryptocurrency is a buble investment. But know that its not true and market still survive and will survive for long term like others investment market. If we optimistic on this market, we can take an opportunity in this condition

I hope so, and I wish that the price can stay at $3k only. The market still up and down in this month and bitcoin is not giving a good sign of increasing higher although we have seen the jump of the price in a few days ago but it doesn't mean we will see the bull market soon. We need to watch the market, and I hope we can find something related the trend and if we think that is good to enter to the market then we don't have to wait for more because sometimes it will be too late for us to buy bitcoin.

Nah i doubt that we'll get good reception from people if we openly campaign for it. 2018 made sure that we don't have a lot jumping in to fomo just like in 2017. If anything, it made people a little bit more careful in shelling out money in this market. Lessons were learned and hopefully it'll make crypto a healthier market moving forward.

We don’t really know. No one can actually tell the number of people that are making use of cryptocurrency. I believe there are lots of people around the world that are still making use of cryptocurrency despite everything that has happened. Though I have also seen a. Lot of people that are saying that the bull run we had in 2017 is going to be the last, but I don’t really believe that to be true. I’m believing there is going to be another bull run this year or next, maybe.

I think the increase in the price of bitcoin in 2017 is not the last, you should be able to know that the bitcoin price movements depend on the existing bitcoin supply, currently the bitcoin circulation is only 17,534,950 BTC from the total supply of 21,000,000 BTC. reach the maximum limit.

This year we can see the positive developments in the cryptocurrency market in an organized manner they are more adoptions awaiting for crypto market with more Pos machine coming into market

Now with the IBM partnership will MPCX release the platform earlier?

It is very strange that everything is positive for the whole 2019.  I really do not want to be disappointed.  Although the analysis of Putin Bitcoin says a positive direction of his movement.  It is a pity that the ethereum does not have time for him.

it is a win win situation, it could increase adoption rate and could also decrease adoption rate.

It contradicts if you are saying that adoption rate would decrease.

Or the win situation on that part is investors will have a decent time again to start buying reliable coins such as bitcoin at the cheapest rate that they never have.

The only thing is it will give the opportunity for the other people who are not getting the profit in Bitcoin will definitely had the opportunity in 2017 to invest at that time the end of the earth will be more in peak for the different but after that 2018 will not going well that is the best time for the investment right now it will be reaching the value again.

it has become a risk of the investment and no one can predict with certainty that development requires confidence and patience in investing with the currency which becomes fearful always the price and value of each investor

in investing with crypto currencies and crypto markets in the future development no one can predict with certainty the development and crypto market can also be unpredictable investor confidence and patience is the capital needed

I think it is not strange to me because this was already been happened for the past years. Cryptocurrencies has been making a lot of surprises which what we always believed that it can be able to gained us benefits if we just have a patience of holding. Eth definitely has the reason why it hasn't moved as what happened to BTC. Sooner or later, probably it would also increased the only thing that we can do is to wait.

There is no doubts about the fact that the market experienced a decreased level of adoption which was evidenced through the reduction in market price to about $120B during the 2018 bear market. Many investors were in distressed and most of them lost patience especially with the novice investors.
However, the current market condition has revived the spirit of enthusiasm in everyone especially those who lost faith in crypto. Now, the market cap is gradually increasing as the market prices grow bigger and bigger, yielding more profits for its investors.

you yourself just said that many have lost their patience and money.  To date, the Revival of the cryptocurrency market may not be friends, because when the price of Bitcoin and Ethereum reaches a certain level, Many will want to get their money back, which they spent in 2017 and the beginning of 2018.

Naturally, the bear market should increase adoption rate, because those who bought at the peak in the last ATH are stuck on the market already and waiting for their investment to come out, and along the line, they have already studied how the market works, and are now encouraged to buy more.

Those who lost out and could not get the chance to buy before the last ATH, sees the bear market as an opportunity to accumulate more, while new investors who have never invested, saw it too as an opportunity to accumulate more ahead of the next surge including the whales too, so we would say that the bear market of 2018 has done very good thing to the market than the damage it caused.

I think we decide on the market anyway so when the market is going up that means people think bitcoin is valuable right now, isn't that how the market works?

I mean in stock markets for example there is a limit because even if it gets too high there are still profits, debts, costs and many more things to consider for pricing a stock and if people overvalue it the stock will fall eventually to the price it should be whereas in crypto there is nothing that makes the prices go up or down aside from what people think crypto should worth. If I understood that right which I think I did, then right now the implication of the market condition is that people think bitcoin is going places and since they haven't returned to altcoins yet that means there is still an increase waiting for bitcoin as well.

If we are investing Bitcoin last year and hold it until today, well to see a huge profit by it but I don't think how people become optimistic during that time.
In many cases, we find regrets when the price goes high of not buying during bear season. It happens also to me but I realize this is what the real life in crypto and I don't think we need to regrets but to accept.

At this time the market is good and all are increasing except to some altcoins that hard to ride in the flow of market. Will see what will be happen if this increase in the market will be continous.

Well, I expected it to lead to more adoption rate, because a wise investor ought to see it as an opportunity given for them to buy at dip and I am sure majority of people that took advantage of the 2018 bear market will be thanking their destiny right now for making such decision.

Those who were busy cursing the Bitcoin and cryptocurrency system will be wallowing in their own regrets right now, but if we look at the development of Bitcoin from that time of bear market till now, we would see that adoption rate has seriously increased and we could also see how many countries has taken step to also adopt it.

Of course, there are always some people who comply about not being able to afford Bitcoin when the price goes up. But this is the right time to buy as the price still remains low. $13K will not be the peak or bed rock of the surge hence it will only be smart to join the train now before the giant take off happens.

This is the major fear that I have for this current increase now, because the population of people that are eagerly waiting for the ATH to reach $20k is quite very much, and this may cause a premature dumping before we reach the ATH that we would have seen. Many previous investors would want to take advantage of reaching that value to quickly pull their previous fund out as whales too that has accumulated so much during the bear market and during this period may not wait for the value to touch $20k before dumping their coin having seeing the possibility of those 2017 investors dumping first before it crosses over $20k that we the new investors are hoping that it will get to this time around.

adoption is an important part of the development of bitcoin. those who are lucky are those who can take advantage of opportunities in 2018, of course now they have benefited. currently good developments are shown by bitcoin at this time, hopefully the upward trend continues

Adoption is continually increasing. Even big names are now starting to accept bitcoin, although it's quite obviously for marketing reasons.

in fact we really have to be able to take advantage of the time that exists today. because the situation will not always remain like this. so we must be smart to use a time that is going on for our lives in the future. the problem is the chance doesn't come twice.

The market seems to be slow for most of the Alts not even bitcoin is showing good run few days ago might be possible that after this little downfall will bring good a sign  for the top Alts to move upwards and catch up from how Bitcoin bull started the run, nothing is certain with how the market will behave after some time.

Lots of people are going to quit after what happened in 2018. But the way I see it right now, most of them that made up their mind to quit back in 2018 would be coming back again to try their luck this year since they have noticed that the price is starting to go up again. I sold all my coins that I still had in 2018, not out of loss, I got profit. Then I decided to wait and watch the market and when the market price finally dropped to $3k, I thought to myself that it will never go below $1k, so I should give it a try. Fortunately things are going alright and not the opposite of what I thought.

If we get a new atm then the price of Bitcoin goes down of more than 70% again within 2 years, it will be very depressing but we would have a recent and known precedent of the price going back up so we can expect some nice support on the way down.

From my thinks, the journey of bitcoin for years has been meets it fate (like life there's a fate that we can't evoid). I believe that we could reach the bottom for this year or maybe the REVERSE we just see future by then. AND LAST we just have to keep the positivity tought flows with until things get turned out.