Bitcoin Forum

Get ready fellas, it looks like 2021 will be the year we've been waiting for since 2017, PayPal CEO, Dan Schulman, disclosed its clients are signing up to be the first to use the company’s crypto services at an alarming rate. PayPal has started to permit 10% of its customer base to buy, sell, and hold Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. What do you think will start happening from here on ? Huge adoption

Yeah, there are similarities with 2017

In 2017 we had ICO scamming people. Now we have DeFi scamming people.

Bitcoin support by paypal, the halving, corona virus crisis and good bitcoin price performance, all that together, made a lot of eyes turn into bitcoin.
I hope people focus in what is important in this ecosystem: bitcoin.

Stay away from defi scams and be safe.

obviously this will be a significant breakthrough. How about not waiting long enough from 2017. Imagine there will be lots of bigger transactions in 2021. So that the strong push towards bitcoin is completely unstoppable. maybe investors are looking forward to PayPal's involvement with bitcoin. so that bitcoin enters its golden gate again.

Not sure why PayPal is accepting a useless fork like BCash. I have seen a twitter post about this recently (unable to find it) and it mentioned "Bcash was created as an alternative to Bitcoin for daily transactions to take place" I guess this was written to confuse newbies into buying BCH rather than BTC.

Majority of the PayPal population should be newbies in crypto and when we see new highs newbies will get fooled with the PayPal's promotion of BCH thinking BCH is BTC.

May be PayPal should withdraw their support for BCH instead of trying to make money out of newbies. When we get to know Defi are proven scams just like ERC20 shits, people will realize and stick onto Bitcoin.

Paypal service can be the game changer as we all know there are millions of active users there so we can easily say that paypal can be the big thing that can speed up crypto mass adoption in no time.

I do not think we need to name 2017 everytime we want to talk about bull run or parabolic run, I believe we should always be hopeful and positive about the future so maybe we will be getting even bigger run than 2017 this time around and yes paypal can really prove to be big stimulus for new run.

With recent developments and news my excitement is shooting up as i think market is ready to explode, as we are fundamentally and technically bullish and seems like btc has just broken the long term resistance line which can easily mean moon ahead, I just hope that ethereum and other top coins will also move behind btc this time and market can be collectively green.

Tbh I don't think it's any of that, after the btc halving this year, the price was predicted to follow the trend and gradually keep appreciating till it crosses the atm, prolly by next year and that's exactly how it's going, even before payPals decision or the kickoff of the U.S. presidential election, Bitcoin has been on a very good run and that's good news for Bitcoin hodlers.
I don't know about other coins, but ethereum definitely has been doing good on the market and it has continued to appreciate in price. Imo, after the launch of eth 2.0, it could spike so high and go over it's own ath, the months and years ahead looks good for Bitcoin and eth and prolly maybe few other good coins.

2020 is comparable to 2016, where it all started, and probably that's why the OP is looking at 2021 as the parabolic growth similar to 2017. In any case, specially those who have been in 2017 like me, totally noob should have gain experienced by now and should have stacking sats or investing on good alts in preparation for a dramatic bull run next year. It will be different though, as everyone is expecting new all time highs specially bitcoin and some top 10 alts.

I hope this increasing price not just at this situation, I mean the price will not crash as 2017 ago after almost crypto currency price are increasing a lot. I believe at the current market situation can make bitcoin and even another altcoin price touch its new all time high.

As for an adoption, I believe this is the matter of time. Everything will need a proccess, the adoption can't come instantly. Like now, paypal need several times to decide to adopt crypto currency, it can be happen with another companies, will need more time to see that crypto currency is deserve to be used by their platform.

Yes.

It looks the year that we're waiting for. The 4 year cycle for other analysis that I've seen tells that it's for the next year shall be the same or even more than the achieved price of bitcoin on 2017.

We're on the process of huge adoption because of these huge companies adopting and adding the feature of buying cryptos on their platform. If the most huge company did, then the other little companies will add impact to it because they will have a decision of the same.

Don't know how far is the close move happening with bitcoin by the year 2017 and the present. However there is significant growth in the price of bitcoin, followed by the bitcoin is the growth of altcoins. In the past when the market grew bullish, ICO were much hyped. To the hype it gave good profit to the users who cashed it out by that time. Now we're in the DEFI hype, so we've got much close connection between the two years.

The similarity should only on the price of coin. I guess this time the crypto pump is totally different. Remember so many big companies adopted or even used bitcoin as their store of value.
The big names try to buy more bitcoins and keep it in their wallet.
The pump that is happening right now can bring bitcoin to surpass its ATH. We will see the next ATH will be achieved before the end of this year.
If this will be true and 4 year cycle is a real thing for sure. The market looks crazy like 2017.

I do think that the huge adoption is one step closer to us. I remember paypal has some chile companies that will adopt crypto as an option to be used for payment too. Remember we have venmoo that could accept crypto anytime.

The acceptance from Paypal has been creating massive awareness in various medias. So many major companies have started to adopt crypto while at the same time a lot of countries have prepared for the launch of their own CBDC. The digitalization will be coming very soon

This time i see a lot of people are very interested in this market, indeed after the big news from paypal the mayor has become completely prosperous, and we have seen a clear uptrend of this market. , money is constantly flowing into this market. i think by 2021 we'll be able to see a crypto boom like 2017.

bitcoin is now starting to bullish up like in 2017 when its ATH broke $17K, I also hope bitcoin will be able to break the price of more than $17K in 2021, I think there will be many scammers who will take advantage of the increase in bitcoin, it is very important to choose a project in 2021 so that the ICO incident does not happen again

What is happening right now and 2017 have some similarities.

1. In 2017, there is this ICO hype and right now we also have another hype in DeFi hype.
2. As these hypes happening, the price of Bitcoin is going higher and higher until it reaches a new ATH (possible).

In the end, just be vigilant and be ready for the best and at the same time the worst.

i check the history price of btc in the year 2016 and i dont see any major growths especially on the ber months but if we compare this current year to the year 2017 we can see that both have similarities . the only reason why the op is more concerned of the year 2021 is because of paypals final update but now only small users are given a chance to try crypto on paypal , its like an early access for those who are genuinely interested . next year and onwards are gonna be a great year for crypto because aside from paypal , there are other participants that are said on the wait list

Yes maybe we are close to a bull run like 2017 but anyway we can only plan and predict, all will be revealed in 2021 so let's see together. Now all we can do is collect more coins potentially

While 2020 we won't see the buzz and price increases of 2017, I do believe Bitcoin can return to $ 18,000 this year.
Bitcoin has weathered the pandemic and has seen impressive growth, with a lot of interest currently on bitcoin and cryptocurrencies.

I think the 2020 is the year similar to 2017 and I expecting from 2021 similar dump as from 2018, I think the bull market already happening now, maybe the bullish trend will be continued in the 2021 too, we'll see. Some patterns are repeating each other, but not for the 100%, there is always difference.

2017 and 2020 thread looks identical or similar, today bitcoin reach 15,000$, I have nothing else to confuse me right now because I'm certain that bullrun is finally here, dec 2020 to cross over of 2021 will be a long bullrun ride, hopefully altcoins will break the chains too and bring huge ROI like that of 2017

I have a feeling like you about the market in the near future, we have been waiting all the time and maybe this is an opportunity to change your own life. Before paypal news entered this market, let's imagine that we have an extra channel to transfer money into the super-large market in the world financial system.

I hope altcoins won't be left out this time, if truly things are going the same way as in 2017 then in few weeks more altcoins should start climbing higher too, if not then it's just bitcoin this time but that's near impossible because Bitcoin dominance will surely decrease at one point, I can't wait to start seeing my portfolio getting fatter

It's not identical, there are a lot of differences between these two years, even if you look at the price comparison, bitcoin price in early November 2017 was ~$7,100 but in 2020 it's $15,700. Bitcoin rally in 2017 happened in September-December, but in 2020 the bull run starts from April and the price gradually increases and decreases through these 7 months. a relatively short pump for bitcoin and altcoins in 2017 and a more mature market in 2020, and it's just the beginning as bitcoin will reach a new ATH in 2021 imo.
But for altcoins, only a few that could follow bitcoin path to rise, just some major altcoins as we can see at the market right now.

The similarities of ICO and Defi hype can be said also in 2018 and 2019 though. Remember STO hype in 2018 and IEO hype in 2019? Everyone thought those were the jackpots but they did not turn out as expected,,, and Defi is already losing the gleam for many people.

This is only Bitcoin vs the rest of the world in my view:)

The price growth this year is not as drastic as how it was last 2017. This year, bitcoin price had been growing little by little, of course with a little correction but the price had been growing steadily. 2017 the bitcoin price jumped high so fast that no one ever expected it to hit $20,000 ina short period of time. I hope that both BTC and altcoin will continue to grow steadily as the year-end closes.

yes i agree. But i still think it is a little bit early. If i see ethereum stronger against bitcoin. And more expensive bitcoinwise, then we can talk about an upcoming altseason.

It is really a very huge events for the crypto-markets knowing that paypal is a very well-known platform/company that people are using and because of its acceptance of using cryptos many opportunities will definitely open to all the cryptocurrencies. I also think that it can also attract several companies in using cryptos and if that will happen many crypto-enthusiasts will get rich without any doubts.

At least, however, what you tell the community here and what (PayPal CEO Dan Schulman) does, at least give the community a sense of life here, especially me.

Sometimes, we can get advice, ideas, information, and so on about crypto from people we underestimate, but that's sometimes the reality, OP I'm not saying your information is leading to massive adoption, but it is a positive factor for the future boost in crypto prices.

But if you do include a source of information, maybe we can take a little time to read and see the updates every day and moving through.

For Bitcoin ? Yes. But others crypto i think is not. I see Bitcoin price reach $15k and maybe Bitcoin will more Bullist.
But nothing bullish at ETH, LTC, and others crypto.

Exactly the prices are slowly trending which is really good to see, now many of them are confused to buy are sell, I would say it's better to wait.

Many of the altcoins are performing in daily basis those who are ready to invest now kindly select a genuine coin check its Volume, and researching like see the chart of the last six month trust me if you follow this then definitely you can have a good return.

2017 wibes is already here, im sure that we will see new ath. The main task right now is to sell at the right price

Get into a calm state and build a portfolio target for yourself, if you don't have a target you won't know when to take profit and exit the market, don't repeat the same mistake many investors did in 2017, be more smarter this time around

Yes, almost the same but not exactly the same because at the end of 2017 Bitcoin experienced a price increase of more than $ 15,000, and at that time most of the Altcoins also followed the bullrun trend of Bitcoin so many Altcoins were expensive at that time, and that of course a little different for now where Altcoins have not experienced much increase in terms of prices previously in the market.

Things are very much different from in the 2017. The only thing that matches is a bullish crypto prices.
The bull of 2017 was powered by another factor while this time it's powered by a much more diverse situation.
As claimed, bitcoin has been a choice for many large corporations and funds as well as a escrow for creating bitcoin pegged tokens on different platforms. The current price increase in bitcoin is much more sustainable and if there's any correction, that would be smaller.

It is difficult to say what will happen to cryptocurrencies in 2021, but in this 2020 the cryptocurrency market has shown itself from a very good side and as we have seen, the whole 2020 year the cryptocurrency market only grew and bitcoin again goes to new heights, so 2020 has been an incredible year for cryptocurrencies so far, and most importantly, 2020 is not over yet, so I hope that in 2021 everything will also work out well around cryptocurrencies.

Yes, this is positive news for the introduction of cryptocurrency into the daily lives of hundreds of thousands of citizens. But in my opinion, this is not enough, it is necessary that sellers as a result of such transactions using PayPal also receive cryptocurrency to their account, and not the national currency converted by the service.

The only thing that am seeing a lil bit similar to that of 2017 is btc but the rest of the alts are just lacking behind, the similarity is very thin, it can not be compared to 2017 in several reasons, when i saw the price surge of btc i thought the bull run is upon us and perhaps the rest of the alts will follow up but i don't think that will be the situation in this case, at least not for now, but am thinking year end will bring even more goodies alongside,
someone said in another thread that btc will likely dip down to 9k by 7th when the election result are finalized, am just curious if this will be the case.

Well,I hope so that next year will be a good and profitable year for everyone. Maybe, we need to prepare for that and take some btc and altcoins in our bag. After this year of pandemic, we need another hope to recover using cryptocurrency and maybe that will be next year. Well, let's wait and see!

The possibility is high that we can have another all time high and surpass what 2017 achieved, this is because of the halving the 2017 halving happens because of the halving so, it's possible now that we've just had halving last year, the halving has a huge impact coupled with good news like the PayPal news.

What are you saying? everyone here is talking about market conditions as well as about price conditions that have occurred in 2017, not about the wife, so please before you post in the forum, make sure you understand the topic first.

Maybe 2021 will be like 2017 or like what some others in this thread saying the bitcoin price as of this moment is already soaring high, but i think what matter most is the fact that you should prepare yourself for the exit strategy maybe bit by bit or something so that you will not be caught in between when the price make a turn. Personally i got friends that got greedy in 2017 and almost all of his profit is being washed off as he does not do his money management.

Time flies. It seems that 2017 was…yesterday. Hope, 2021 will be a better period from all points of view. Bitcoin is changing now (one of the reasons for these rotations) due to the USA elections. However, this is just my guess. You can argue.

maybe the news has also had an impact on the current crypto market situation. You can see for yourself that in the last few days or to be precise now the price of BTC has increased up to $ 15k and ETH is approaching $ 450. this is one of the most significant price movements, this is what makes me even more convinced that 2021 is a good year for cryptoqurrency.

What else do we expect mate, PayPal has been into the payment system for decades and with such reputation from investors their moved into buy and sell cryptocurrencies is a good one for us. We should expect more move from good companies who have been into payment system like PayPal inc. The news from the CEO Mr Dan is an introduction to a new bullish year and ahead bullishness after the year end. 2020 will end on a good note and 2021 will be a good year from the beginning and hope to see 2021 end in good mood.

When the pandemic started, I literally think bitcoin will die but It is very interesting to see that the price has risen better than the previous year when there was no pandemic and to cap it all, we are seen a big adoption by paypal which for me, I could not believe when the rumour started but here we are now, about to witness another history  

In fact I think it has started now, let's see if the price of bitcoin can reach 20k by the end of the year ? not something that is impossible will happen.
But what happened in 2017 was not the same as what happened today, because at that time many altcoins were also going up in price and many ICOs were very profitable. This year, I think there will only be a few altcoins that will follow the bitcoin trend.

that's probably true but I'm more expecting steady growth of price rather than a burst of pumps and then pop off like a bubble. The adoption will bring the whole crypto market real benefit rather than temporary pump so It's actually better year than 2017. Many big corporate and countries also starting to put their attention to crypto but not in a bad way. I'm more pumped for this year than in 2017

Yeah we are thinking about the same thing, the time we are looking forward to.  There are so many good things that can be obtained in 2020 and 2021 will be a golden era.  But I also don't want to get your hopes up and just keep my assets in a few top altcoins.  Hopefully altcoins will go up as bitcoin is starting to experience a tremendous rise

The news regarding Paypal adopting crypto currency made the price increase of bitcoin. This has become a huge factor, we can all hope for a brighter future and more pumps from bitcoin and also in altcoins.

We should calm down about the altcoin prices because lets be honest when Bitcoin increased to 20k it took altcoins a while to reach there but when people came to crypto world hearing about the 20k bitcoin, they realize it was too late to get involved with bitcoin and got involved with altcoins instead.

One instance I remember was "IOTA" which is nowhere to be found honestly nowadays and nobody cares about it even if it ranks well, yet those days it was such a big thing around these parts and everyone talked about how it will make us all rich, same goes with "nano" which was named something else, so at the end of the day after bitcoin big increase, there comes people who will pump altcoin prices. I see ETH specially getting affect of this, 1k+ eth price is nothing shocking in the next 6 or so months.

It really looks like 2017 for Bitcoin but will it won't be the same for altcoins because in 2017 and 18 many alts were pumped by the ICO boom that started right when many people started thinking about realizing their profits from Bitcoin tradin. Many of these money were moved to altcoins because people thought they can make even more money investing in low market cap projects with a lot of potential. They also saw the potential for growth in the at the time overpumped BCH and XRP.

This won't happen again.

You can expect some alts to pump because of Bitcoin but most altcoins no longer follow bitcoin but react to their own development. You could see that by ETH pumping when news of 2.0 tests came out and shitcoins like XRP trading for less than thay did 2 weeks ago despite huge Bitcoin pump this week.

I have always waited and hope it will create a boom in the crypto market as well as the current financial market. Actually when i was talking to someone who had just heard about crypto, i talked about the problem of paypal accepting btc in payment, they started asking me a lot and curious about what it was, What use or technology? :) , actually we are too small and not popular yet, hopefully later but such important events will help this market to know more people, and the opportunities for us will increase.

I'm not that moved because Bitcoin is so bullish right now, not until altcoin season begins, as for those who are holding only bitcoin well it's time we should start congratulating them, thanks to PayPal for finally understanding the potential of crypto after the old hate chills on crypto, my advice is everyone should get rid of their greed and take advantage of future price benefits. Don't hesitate

It looks like it's around the corner but we can never be 100% sure I always remember how volatile the market is and one big bad news is enough to crash the market, not because another all time high is looming we are going to sell all we've got and buy Bitcoin, it's still invest only what you can afford to lose.

If we do not care about just the prices itself, I do not see this anything different than 2019 honestly, it is quite the similar thing that happened for investors. In 2019 we started the year at around 3.6k or so levels and reached to 14k levels and finished with 7k levels. I agree that we are closer to end of the year now but same thing happened this year as well, we started at 7k and peaked at 15.5k now and if we do not fall it could be different but if it falls before the year ends it is not going to be like 2017 but more like 2019.

So, we should not look at prices only, we should look at the bigger picture and realize that aside from 2018, ever year has been profitable if you bought at first day and sold at last day, and if you kept it for 2 years that means even more profit.

big news always comes to the crypto world now of course this news will make investors smile but if it's in same as 2017, I think it's not worth it
because now the sharp increase happened only for bitcoin very different when 2017 all coins simultaneously went up don't know what happened
hopefully the situation will recover quickly

Although, it sounds plausible I don't think that BTC price as it is right now is as a result of Paypal. Show  me indisputable evidence and I'll believe you then.

I think there are a lot of different factors at play, I may not be aware of them all but the fact that putting money in traditional stocks or banks due to the pandemic is not longer a safe haven is an option.

I believe the pandemic in a way helped with the adoption of crypto, at least partly, where people needed to look into ways to either save their money or use as alternative to buying on a decentralized market.

In any case, the bottom line that we might be seeing a redo of the 2017 craze is probably on the way :D

There was so many bad news happened with bitcoin since a few months ago but it didn't even give a big impact to the bitcoin's price. The similar pattern is also happening in the market with 2017's patter.
The market is also much stronger with the come of billionaires to buy bitcoin.
Paypal adoption has been making bitcoin even bigger than before. This time the support in the market is very strong. People buy bitcoin with a reason and it's not the same like 2017.

It is true that the events of 2017 could repeat itself in 2020, because this year Bitcoin's performance was extraordinary.
To be able to reach the price of $ 16,200 is a great achievement, I believe the price will continue to rise until 2021.
Many have caused Bitcoin to rise this year, including the Bitcoin halving, the COVID19 pandemic, US president election,
DeFi projects and Paypal accept cryptocurrency. So keep your Bitcoin holding and collect as much Bitcoin as we can,
for an alternative investment can buy the top 10 altcoins.

I think that a lot of investors got experience in 2017. Now people know that it is not necessary to invest in all the tokens without checking. It is necessary to check carefully all the information of the tokens and check the security of the tokens. Here some information about security and other things about tokens https://bamboodefi.medium.com/

The more carefully you check everything the better is your investment.

Does everyone remember the end of 2017? Soon we will see drop like that and we all should be ready for this. The growth cant be eternal

The Google trend does not have same pattern as the 2017 had. In 2020, the trend of bull market is built from institutional investments, not from retailers. FOMO are not yet to come. If anything is same as 2017 I think it will happen in the next year 2021.

The table for institutional investments is in Bitcoin Treasuries (https://bitcointalk.org/index.php?topic=5280947.msg55504182#msg55504182)

https://s3.cointelegraph.com/uploads/2020-11/8df31f99-1de0-427b-9844-2c55544477e5.png https://s3.cointelegraph.com/uploads/2020-11/695000f2-01c1-45fc-9085-39f5c064c7b1.jpg

the difference is very far in my opinion if it is compared in 2020, it is the same as in 2017 the 2020 bulish trend is only seen in bitcoin but not for other coins very different from 2017 all coins are able to pump high simultaneously, I agree with you that if the bullish continues, it is only for bitcoin, not for other coin

Now the price of bitcoin has reached the price of $15,909 and this is the highest price this year. In addition, the price of bitcoin has now exceeded the highest price since 2018 and of course many factors have caused this to happen and most likely this is caused by many companies big like PayPal, square and also others who started to adopt cryptocurrency within the company. But it seems that this effect does not have a big influence at all on the price movements of alt coins which are relatively very stable in the market.

We cant be sure but this one is much better compared into that year 2017 when it comes to adoption level yet we can say that the price wont really be crashed that badly or somewhat
this isnt a bubble type of market yet we know that adoption is on different level now..

For now the best thing to do is to wait up on what would happen next for this year but we shouldnt anticipate that much because we cant be sure if this one will really be heading towards that 2017 situation.

The important thing is to those people who do invest do know on what they've been doing in terms to their investment.

And this is not the ICO hype anymore. Back then, the market is far from being matured. We are just lucky that we took advantage of the big bull run of Bitcoin and other cryptocurrencies. I also remember that was the glory days of airdrops and bounty programs. This time, the market is more matured than ever, so I believe the bull run is also "matured", but I could be wrong. We just need to learn about managing our risks, which is the most important part of the game in trading cryptocurrencies.

Huge adoption is far away, but we are moving towards it. New 2017 is caused by a number of reasons I don't know if this affect will continue for a long time or it will be a craze like 3 years ago.

hey it looks like a correction will happen to Bitcoin, I looked at the chart and determined the support was at $ 15700,
if the breakdown at that price there will be another storm, don't let your guard down, because the volatility is now very high.

Right now we are nowhere close to end of 2017. We are more like at the end of 2016. Do you remember end of 2016?  Mid 2016 Bitcoin was at about $400 and then slowly started growing. In mid December got to about 25% below old ATH. That is where we are right now. December 2016. Bitcoin is $900, Monero is $10.  

We still need to see what happens to the price of bitcoin this year.  It's possible that the end of this year could be similar to the end of 2017.  Then the price of bitcoin grew more spontaneously with signs of price pumping.  Several positive factors are simultaneously working this year, and therefore a large price increase in bitcoin is quite expected.  By far, next year should also be the best year for cryptocurrency.  However, we must first end this year with dignity.

not all ICO and defi project scamming people buddy,, and remember not bitcoin support paypal but paypal support bitcoin thats what i understand
i agree with you if focus in bitcoin, but remember without altcoins maybe the price of bitcoin will not high as now
thanks

Do not be worried about drop that "may" happen and focus on the increase we are having right now. Even in 2017 price wasn't $16k during November, it was under $10k and went to $20k not until late December. We are doing very well right now and that means there is absolutely no reason to believe we won't be doing this well in near future.

So, what I am suggesting is not to think about crash because if you think about crash you may sell your coins, if I think about crash I may sell my coins if enough people think about the crash we will all sell our coins and that will obviously cause a crash. So, in order to avoid a crash we need to stop thinking about the crash, that is the only path. Plus in 2017 we moved very high and reached $20k very quickly hence it was easy to also go down very quickly, this time around it took a lot more to reach those levels.

Do you think now is another successful year for cryptocurrencies? So far I have only seen the growth of fixed assets and nothing more.

Well, except that I have doubts about Ethereum, it is unclear how it will react to the General dump that many predict. After all, if 2.0 starts without failures, then in theory there should be growth.

I feel that in view of this exceptionally incredible news from paypal, numerous opportunities are being open particularly to the crypto space. Paypal adoptation of cryptocurrencies have a gigantic influence of what is truly happening right now in the market that it is presently starting to have its progessive bullish run which is currently beginning to high level cryptos most particularly to bitcoin. I am truly anticipating see new ATH to all cryptos year

Institutional investment is here to stay.

With them will come paypal and other electronic money services.

We will have something better and more lasting than 2017 ...

All these news are positive and paypal has the potential to become a high impact factor for adoption and boosting the confidence of general public about crypto especially the top supported coins. You are expecting a year like 2017 but i expect this time the bull run will be bigger and longer.

Actually this announcement doesn't need to alarm us for the next bullrun. If history is right, the next bullrun will be 2021, then it will be 2025. I think halving is more effective for the next bullrun. Do you have any information about the last two bullrun? I think cryptocurrency is doing great even greater than our country's stock exchange.

I doubt the new agreements by Paypal CEO will be the fuel for the next crypto season, there are many alternative options that may happen later. Before eliminating the weak hands, the market will not go over $17000. Maybe the altcoins will rise after the BTC market rates become more stable. The unstable and volatile market conditions are the main source of fear by new investors, the FOMO will climb to the highest possible ratio if the BTC can rebound from the $11000 after making a few fake breakouts near the main support-resistance price lines.

The price will still remain strong and will not crash anytime soon and for me it is very reasonable to fluctuate because it is part of the market that is going up and down, if we look at the history of what happened and observe it then we will know how to move and so fast in time That is, if we panic and think negatively about this crash, it is difficult for us to maintain the bitcoin, therefore the price of $ 16k is a guarantee that bitcoin will continue to penetrate to a higher level at the end of this year despite the fact that many are so good with the adoption of cryptocurrency PayPal has stated it and we're just waiting to see what happens next.

2020 is already another 2017 bullish every time, and reaches all new ATH on different projects like in DeFi. Also BTC is the bullish of them all excluding yearn finance that surpasses bitcoin in terms of price. But all in all its the new 2017 for DeFi project and surely history will record this year as DeFi year in crypto history.

Same here mate, bitcoin should be able to beat it's all time high this time around, slowly and steadiness win the race, paypal have open the opportunity for crypto adoption and we will get many investors over time, this year will end in pretty good shape and next year will start will a full blow, to the moon

We don't need to wait for 2021 because without us knowing we have entered, like in 2017, the current price is almost the same as in 2017 and we will not know at the end of the year, whether it will increase even more the price of bitcoin. or stay at the current price, we are just waiting for all Altcoin prices to move according to bitcoin prices so that we can enjoy moments like last 2017 ..

It looks like history will repeat itself in cryptocurrency, we can see the price of coins in the market, especially Bitcoin which has increased very significantly, 2017 achievements have started to be seen at the end of 2020, current achievements cannot be separated from paypal support which opens access to the use of bitcoin and virtual currency, with that access, PayPal users can buy, sell, or store virtual currency in their PayPal wallet early as 2021, Automatically, crypto users will increase.

Actually history repeat itself is really happening through technical analysis, it seems that what's happening in the year 2017 are also happening in this current year. I'm one of the people who are speculating that there will be a good movement in the beginning of the 2021. A lot of cryptocurrencies experienced long downtrend but now they are doing reversal one each other. My portfolio is now having a lot of gains because there are now a lot of altcoins that making movement where it keep increasing.

It is time cryptocurrency to show how to make things better and PayPal knows this. I think 2020 is the first gate, and in the future we will find positive things. Not about price, but more than that.

I know different people have different Prespective about Paypal that Implementing Cryptocurrency especially Bitcoin to it's gateway but i have same Opion with Thread Starter, It was have significant Impact and good for start for Next year Trend, Beside that some good innovative concept was happens on this year, Decentralized Storage, DeFi and many more. From my perspective Crypto already have same trend like 2017 and it was very Positive, I just hope next year it can become more better.

I hope that will really happening in the near time  8)
We already see the increasing price of bitcoin in the market, that could be the sign of another bull market.
Not only bitcoin, but ethereum as well. The pre launch of ETH 2.0 is accelerating ethereum price and makes the market better.
We should prepare ourselves and buy top coins to accumulate them. Once the bull market come, we will ready to reap the profit.

It will have happened but at least it will not come in the next months. I just remember when the dump will occur at the middle quarter of 2018 and that means if the 4 years cycle will be happening again and just expect the dump will come probably next year.
We should also prepare ourself for that thing to happen. The pump will never remain forever and this is my 2 cents.

People aren't looking at that if we are expecting a huge run, what they will be looking at are the price pump which will affect them into FOMO mode.

Just like in 2017, the market pump because of FOMO and because of FOMO, some coins goes overvalued and that they have suffered now as investors leaving them when they already took profit, so some left as bag holders. For me, bitcoin is the best coin we can trust if we are talking of long term hold, altcoins are just too risky IMO.

You mean the bull run right? Altcoins that time in 2017 are good not like today but I think this time bitcoin market would be different from before because it can grow and breal record the last ath recorded. If that is so then I do believe that bitcoin is completely near of breaking records from 2017. Anyway, the best thing to do here is to keep calm and if you are holding bitcoin decide when to sell and do not be greedy much.

Yes, keep calm and prepare to sell when the right time comes.

Eyes are on bitcoin now as it's expected it will break the current ATH for a new one, and i think that time we will see an altcoin run like in 2017 but not all altcoins for sure as dead altcoins are already dead and people nowadays are more matured than before.

I have been waiting for cryptocurrency to really be traded on PayPal, this is enough to make bitcoin more famous until now bitcoin has always been the conversation of all circles around the world now bitcoin will be easier to trade freely and it makes the price even better it can't be denied that bitcoin investment is trending in the media and more and more people are more interested in trading.

Can't deny that but not this year IMO.

I can't also see the saying 'History repeats itself" because that seemed impossible in a very volatile market unless someone has control over it but there's nothing.

Though it won't happen again, I'm still confident that Bitcoin will keep its momentum until the end of this year.  I'm not looking for a huge jump in prices but having in the $15k-$16k range is big enough and I know that many were still in profit.

But anyway, we still have more than 1 month left, and that never knows yet what will happen next. Nobody knows exactly.

I hope it will be like 2017, where the crypto industry is very promising for all of us, maybe now it is bigger than 2017 because many big companies are involved including paypal which is not that long ago.

I myself still cannot believe that the price of bitcoin will be like 2017,
now dumps always come suddenly and the market is very difficult to predict,
I am very frustrated as a holder, especially I am an altcoin holder.

in 2017 crypto enthusiasts have felt the glory of crypto and after that crypto began to decline until 2020 and now at the end of 2020 crypto has started to surge again and it looks like the crypto gold era will return again in 2021, so let's prepare to welcome it? 8)

You can trade in paypal and it might introduce to people that are yet to use bitcoin but i am not happy with their business model now as you are not able to withdraw the coin which is not any investor want. The trend is because we all know that the halving will improve the price and that is what we are seeing and then we have institutional investors taking the market higher.

2021 is just coming in a month and from that this will run for another 12 months as whole year so meaning we have at least more than 6 months to gather another sets of investments?the problem is how much we can afford while waiting for the Bull as many of us are already on hold and has no other capital to release.
And also don't fell for too much expectation because this will also bring you too much failure if not happens.
maybe it is enough to have limitation when we expect so there is space for recovery if those things not come our ways.

It's just getting started my man 8) Cryptocurrency has so much potential, it's crazy. You can see how banks, companies, famous whales keep on filling their bags with crypto, why? cuz they know that the BTC rocket is just starting it's trip among the endless heights. I'm so excited right now!!!

I already heard about the good news paypal accept Bitcoin and others altcoin. I'm assuming, that's help Crypto industry to have a good trun back into 2017. Although at the end of this 2020 is quite interesting where we already seeing big pump. Paypal newly enter into this Crypto field, and allowing 10% of their user for use of crypto. they might have plan about rest of 90% user also! Maybe within 2021 year! So in 2021, can except something big will be going to happened

The possibility is that it is still possible to return to like 2017, but it certainly will not be easy for now and it will not be exactly the same if you can come back, because what you experienced is also almost the same as what I experienced today, where I am also a little It's frustrating when dumps come out of the market.

Looking at the trends,the boom periods is here already few days to 2021 which is going to be exceptional just like 2017.

The crypto market is really booming as big businesses have started to watch Bitcoin more and buy billions of dollars. Bitcoin's growth has also led to a series of altcoins increasing in value, I think the crypto market will continue to increase in capitalization, so do altcoins.
I have a mindset that altcoins will selectively increase in price, not pumped as massively as in 2017.