Bitcoin Forum

Is the market on the right track to grow?
I think the following reasons make the market go down
1) cheaters. Yes, there are many cheaters that have been active and growing with more sophisticated tricks, good and large projects that are pouring money into the pockets of cheaters, who are only interested in money, which has made a lot of Project dead
2) ama. All the ama I still see are mostly hunters who only care about prizes, but if there are no awards, no one will participate.
3) bounty. I have joined a lot of bounty and airdrop communities, where I know many tricks to get money from the project, like, clap on medium, view on youtube, spam post, spam telegram buy view, buy members, .... all are fake, really does not attract many people at all
4) quite a lot of fraudulent projects, good projects and projects applied in practice are few

are those who participate in the market and then leave, will not want to return, is the distance of the technology of blockchain popularized in the world more and more distant, is the future no one knows about bitcoin , everything in the future depends on the people present.

THAT IS JUST MY THINKING. WHAT DO YOU THINK?

SEE THE PICTURE

https://i.imgur.com/jBCLr4q.jpg

you should be clear that you are talking about the "altcoin" market and move your topic to the appropriate board, the altcoin board.

things you listed here are not the reason for why the altcoin market is such a failure. for example the cheaters and the fraudulent projects have always existed and they are not just in this market. you will see the same thing in other markets too.  the problem is that people only care about making money in shortest time possible so when an obvious scam ICO starts but has the chance of giving them a profit from its pump, everybody close their eyes on the scam part and only focus on the profit part.

the result is a pump and dump market without any decent projects for many years. and a list of altcoins that has the top ranks populated by shitcoins.

The altcoin is on the right track since a long time ago ;D

The up and down of the price is because of the trend on the market, but some reason is in your list. But that will not be necessary to think as the market will be back to the high price. You don't have to afraid because the bear market this time will reset all of the list and only the strong and good project will stay at the market. You should check on the market, and you will find the right things about what you need to do later. People will come back to the market at the right time, but some of them still survive at the market because they still believe that they could still make a profit.

Points mentioned above are some reasons behind the growth and fluctuation in the crypto price but if we specifically take some cryptos like BTC, LTC under consideration then their halving is also the considerable reason for the price upsurge. The launch of the Libra and adoption of the crypto by many industry giants is also giving the crypto price boost.

If you are really serious about cryptocurrency then you will not be annoyed easily by those facts. Cryptocurrency  What have you mentioned are just normal event in cryptocurrency and of course in any kind of financial business or event those who prosper are those who do not surrender. If you experience fraud, hackers, scammers then learn from your mistakes and be wise so that you will no longer for such scams next time. Being in the cryptocurrency business means that you must be passionate since we are dealing here with profit and income, its not a game its serious business.

yes the market is on the right track to shrink. ;D

as we can see, the past 2 years have been very good to this entire market. we have been getting rid of the garbage that had clogged up every resources in this ecosystem like getting rid of weeds in the garden. a lot of the shitcoins have died and many of the big shitcoins are losing their hype every month as they go lower another 10 to 20% and bag holders give up.
the money is coming back to bitcoin and it is forcing the altcoin developers to actually develop something instead of sitting on their assess counting their money. even if it is for a short time.

I think we're heading to some cold week probably till November (Mi November) to evaluate the market the right way.
Bitcoin made great ROI last couple weeks / months & it needs to settle own a little bit.
My prediction is that it will continues side ways or a bit hard bearish till the next halving date.

I think Bitcoin is on the right track now. Bitcoin starts to fall before starting a bull run when we look back in the history of Bitcoin. But I don't know the reason of recent fall on Bitcoin price.

for every disadvantage a strategy brings for a project there are also advantages. Cant use one approach to judge the entire process

Everything has always depended on the people present. People always talk about what could happen, who could come and who could be the new players, but it's always the here and now.

I mean, look at the predictions themselves. Possibly the easiest to do, but even that people can't get right and realise it isn't about what's coming. Institutional investors. Retail investors. Killer app. Whatever.

As much as I detest influencers, AMA people, whatever and whomever you've named -- they're only part of the blame. But I'm totally fine with how it is now in the market. I think anyone who isn't fine? Probably had a role to play themselves! Gotta eat a piece of the pie we helped bake, no?

The market is now in order and ready for growth, we just have to wait

The alt market? Well it's all pump and dump game now i don't think that the altcoin market will recover sooner or later so,  if you want still to invest on altcoins just look only for top 10 cryptocurrencies on coinmarketcap do not invest on IEO because IEOs are more like pump and dump scheme than a project so, avoid those and lastly and this kinda off- topic but it is necessary move this on altcoin discussion since it talked about alts not bitcoin in particular.

Yeah there's a hope of market to grow now the price is not bad. It's already 10k its getting ready to grow up. This is the beginning l to grow up. As we look forward there's a big hope in the future to increase the prices. As days goes by people are waiting for the pump of &price.

I think the market is going down because shopping may be happening, or they are planning to buy, and the best way to buy is cheap, therefore it can be a reason to see low prices. On the other hand, the Market Makers are the ones who plan and manage these movements, the news and others do not influence in lowering the market.

It is going on the right track. The fall in price still continues. I can interpret this fall as Bitcoin is preparing to rise on a large scale. We can see the first steps of bull run soon. Before that, I think it can continue to fall until it reaches a price between 8k and 9k dollars.

Why do you want to limit your thinking to this level? The factors you mentioned may affect the adoption of this forum, but Bitcoin is not limited to the Bitcointalk forum.
You're not talking about mining, regulations or even central platforms, it's bigger than the signatures campaigns or wasted money in a lot of altcoins bounties.
The market is growing with knowledge about cryptocurrencies and then willing to pay for it.
Many concepts have been changed. Many consider cryptocurrencies investment tools rather than a tool for dark activities.

I think it was obvious that the fall was going to happen after Bitcoin has stopped to rise and stay at the same prices. I think people have started to wait for Bitcoin to go down to lower prices to buy BTC. This could be one of the reasons that Bitcoin still continues to fall. However I believe the market will stand up powerfully when the fall stops.

Crypto adoption is not really empowered at this time, it takes time before we finally are in the massive market adoption.
Will it have to insist that the market will turn back high sooner but we can't be sure of if that market volatility will be decreasing or it remains at its high level. The market keeps rolling like a roller coaster and sure to have ups and downs all the time.

If we take a look into the market improvement and year changes, we can see that we are going great and the market will going to grow.

The market still on the right track although the market now is down because of bitcoin get dump deeper. The scam projects, the scammers will always be there to search the new target so they can take their money. But there will be many new people who want to join in the cryptocurrency. They see that the cryptocurrency will have a big chance to give them a new way to make money. But for people who are leaving the cryptocurrency will be disappointed if they see the market can increase higher than they can though. But some of them who were still trying to take any opportunity in the cryptocurrency will see that they still have a chance to get better things in crypto.

All these don't determine an already established cryptocurrency market. All what you just said are related to new projects and ICO. Be aware that bitcoin determines everything that happens here, even scammers who create fake ICO, will later still buy bitcoin and keep them, the earlier you start taking bitcoin serious the better.