many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.
if that happens how long do you have to wait 2 years, 3 years, 5 years or...?
while new coins are popping up all the time, still waiting for him to peak again?
Bitcoin and altcoins aren't the same. Different altcoins provide different use cases and features. Most people invest in those coins because they want to make quick profit. If the project or the coin has good development and community, highly likely the project will succeed, causing the price to go up. Hence people hold those altcoin hoping to make some good profit. Once they make the profit, most of them go back to bitcoin. This is how the market usually works (and why you will be seeing that when the price of bitcoin is bullish, altcoins don't seem to have the same bull run). That is the ideal world we are dreaming of. In an ideal world every alt coin would offer genuine features, but that is actually not the case. Most of them are copy cats that have nothing new to offer and just are out for investors money and grab some quick bucks. There is a very little number of alt coins that is really worth investing in because they do offer genuine features, with anonymity and privacy features being at the forefront. Anything else isn't really of utter importance to the users. |
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How are you my friends i hope you are all well. There are two types of people in the market, some big investors and some small investors, Big investors don't care about this situation but it is very sad for small investors. When the market falls sharply, I wonder how the market situation can suddenly do that. I know that market graph charts and news mean a lot, But if you look at them, the market is going in the right condition, then suddenly it starts falling down, for no apparent reason. This shows that the market is taken up by itself and then brought down by itself. I want to know how long this market situation will last, And when will the market start to go up?
I think with the market conditions that go up and down by itself it is possible to lure or attract investors to continue investing in it, usually often with altcoins that still have low prices, for example Aurora, and Btt. I noticed some time ago the Altcoin began to move higher prices. That's why I assume that the coin holder wants to attract other investors to join in it I'm sure old investors will be waiting for a good moment and it's not now. those who come today with their investments are new people. they come because of the preaching and invitation of people. but old investors know how to profit from short and long-term investments. I believe every investor has determined the best purchase price for them to enter. some have put their money in buy orders on the exchange with the market planning the market going down. It depends, those who are joining the market could be new participants, but not necessarily. It could also be strategic investors who play the whims of the market. If they have a good estimation when to sell and when to buy in again, you can make a lot of money just from playing the market sentiments. I guess that what we deem new money joining the market, could also very well be old money being employed smartly again and again. |
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Bitcointalk Username: RbiggerG
Current post count:279
Merit earned in last 120 days:
ETH wallet [Must be the same which you used at the standard website.]:0xD4B6AeC05eeb97fab393Cf20A27891b336acF6AB
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What is the purpose of altcoins? This is the very first question I had when I join cryptocurrency. At first, I was thinking that it has no use for just bitcoin should be the real focus and not an alternative coin. However, later on I learn that altcoins are still great even if it has been created for the purpose as an alternative coin to bitcoin and at the same time other altcoins has projects and could be like also a sort of investment that whenever you get a good altcoin one can earn huge to it. We all have wants in life, if we see our neighbor bought a new car, appliances and other material things, we're tell to ourself that someday I will acquire this things, in crypto world not only this successful developer has a dream, even you, you could create your own innovation if you have, lucky to this people who are achieved their goals and their project is now popular and feel sorry to many who've tried their best but there is no luck for them. Cryptocurrency is a open world every people may develop their own currency but the problem is if their currency is acceptable to the people. But greed based on what your neighbor is doing is bad. That is why the ICO craze was so insane in 2017. It was all over the news, many of the tokens went to the moon and everybody though they are going to be rich now!  Then came the crash... And that one hit hard! Now we have a huge graveyard for thousands of tokens. |
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Btc going to big move after 21 July because ELON MUSK going to meet JACK DORSEY, this meeting purpose is how to mine btc, which enargy are used in btc mine You can check also: https://twitter.com/jack/status/1408102135040970759?s=19 What is your thinking about this meeting? Is possible to grow up btc price after this meeting? Drope your point? Tnx Which certainly aims to increase the price of BTC and to prevent the price of BTC from decreasing continuously. At this time BTC holders have suffered losses due to the very alarming decline in BTC prices, the richest investors in the world will look for ways to make BTC prices rise again, in my opinion this is one way to raise BTC prices. Why do you think so? Only because they meet and talk doesn't mean much. I just read a tweet from Dorsey from April where he got in touch with Elon telling him that Bitcoin incentivizes renewable energy. Back then Musk answered "true". Even more weird that he revoked his answer later on. |
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I am optimistic that BNB has a potential price of up to $1k but will have to wait for the market to return to a bull run and stabilize. right now the market is unstable and it looks like the increase in BNB should be held for a while
That's right, today the market is in a condition that continues to slowly decline, and this kind of condition will be very important for any coin to reach the price that many people want because the increase in the price of the coin is always in good market conditions, not in current market conditions. With the market condition being in a downtrend as it is now I think this is the right time to buy BNB, but indeed before buying we need to do an analysis first so that later we can make the best decision possible, what is clear is that BNB is one of the potential coins and there is no need to doubt it I would buy in rather little steps on the way down. It doesn't look like the market will go for a positive turnaround now. Although BNB is now a little bit under $300 we shouldn't forget that its overall value s still at almost $50 billion. That's far from nothing and it isn't that simple to attach a true value to it. |
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I agree with you, because with market conditions being corrected, so it's indeed very difficult for the price of ETH to increase and reach $10k, but in the long term, then I believe if $10k is a reasonable and easy target for ETH to achieve, especially if there's another bull run before the end of this year, so of course the price of ETH could definitely hit $4-$5k by the end of this year, so that would make the price of ETH even faster to hit $10k.
As for the Ethereum price of $4K-$5K, it clearly makes sense that there will be another bullrun this year because previously it had already reached over $4K this year before the correction hit the market in such large numbers as it is today. I think the bullrun will be when another cycle of bullrun coming, eth itself reaching this price already good enough. Remember that just few years ago eth just price around few hundreds and now its thousands, everything needs time and so does to eth bullrun. Being in hurry also no good because it could make the bullrun rather weak, not to mention the market still in fear ETH to 10k might be possible some day, but I think that's not realistic for the near future. Anyway Ethereums advantage is that it is an infrastructure network and there is still a lot being built upon it. If we have the staking and all the applications that require ETH in order to be operational, demand will increase a lot if the capacity has hopefully soon be improved. |
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We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH.
What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.
Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future we will see how market sentiment will come, is it still suffered by negative sentiment that continuely come from any countries? back to 40k will be good bounce for us to clear our floating position before maybe it could drop again to 20k. But everything could changes and news in market very dinamic it could be good or bad depend on how countries threat bitcoin and other crypto. Do you mean that a country bad news would influence BTC? To my greatest surprise a could is too small to pulled down the price of btc or causing dumping in the market that will lead to $20k as BTC price. Just take a look at China and yet the currency still maintained it's price not going down below $20k It's not only bad news from countries that have an influence on the price. If a few of those institutional investors start dumping it could become ugly. Or if some of the major exchanges start liquidating some of their assets it could become a race to the bottom. |
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We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH.
What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.
Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future we will see how market sentiment will come, is it still suffered by negative sentiment that continuely come from any countries? back to 40k will be good bounce for us to clear our floating position before maybe it could drop again to 20k. But everything could changes and news in market very dinamic it could be good or bad depend on how countries threat bitcoin and other crypto. I think bitcoin will likely drop $20k than to pump to $40k, at least that's what I'm seeing now because if you look closely, the market is not anymore bullish and it's even struggling to reach $3k again. This is really the reason for an overprice market brought by the bull run, a correction would happen and we can't stop that, and since there's no bigger positive news that could hype the market, we can't expect a market rebound anytime soon. I agree, currently it feels different than the first couple of months of 2021. There is really no momentum anymore and if there is some it is most likely going down. Unless we have some awesome news, but I thought for a while now that Bitcoin has become less sensitive to both good and bad news. Yes we are down 50% from the ATH, but to me that was a necessary correction rather than the response to any news. Now it seems to be quite a long shot for Ethereum to make it back to $3k. |
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If you are asking to happen this year? then basically it will never happen as we have already reached the ATH at almost 5k in the past months.
Bitcoin on the other hand is also in dipping so what can we expect for the whole market this 3rd quarter .
if the 4th quarter spikes better then why not , but for me i already accept that my funds will remain holding this whole year or maybe until the next halving in 3 more years.
We could see some selling pressure when we get closer to tax season. Given the bull run we have seen this year, I am sure there are a lot of taxes due. If by then Bitcoin is only half the price of its ATH, there could be some Bitcoin holders in real trouble depending on the countries they are in. We had such a situation before where lots of holders realized gains through trading back and forth and when taxes were the crypto wasn't was that much anymore, leading to even more aggressive selling. |
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Looks like we have to wait a longer time to reach $1k, bnb and all altcoins of course depending with bitcoin trend, if anything skyrockets when bitcoin goes down then rest assured it's only momentary and soon will drop again.
That's right, because the Bitcoin trend is still very strong in the crypto space so it has a big influence on some Altcoins, so what needs to be considered here is when Bitcoin is pumped again so that Altcoins are also pumped again. It has an influence on literally any coin there is in existence. If we want to see BNB at $1k I am quite sure will need another impressive bull run. Hard to say what kind of trigger we need, but market sentiment isn't the best now for another run. Could even happen that many become impatient and start selling some. |
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If the upcoming meeting of Elon Musk and Jack Dorsey is focused on only BTC mining then we may expect a positive growth in Bitcoin price, although it's hard to say that Mr. Musk won't mock BTC because you know he is a big player and he knows very well how to buy BTC at cheapest price like he did in past nevertheless let's hope he won't give any negative statement about BTC so that will be good for millions of BTC investors and especially for traders.
That is a scary thought, I mean we are talking about Elon Musk having enough power to manipulate the price of bitcoin with whatever he says. So in 21st July if they have a meeting and then Elon comes out and tweets "lol me and jack both agree bitcoin is done, new things need to rise" or whatever type of bs he writes usually, then we are going to see bitcoin drop? Don't you see how scary that is? I personally hope that it never happens, I do not want to see Elon having the power to change something like that in crypto, he had it so far but I hope that it ends soon enough that we do not face with Elon changing the price whenever he wants. It should not be available for Jack neither, or anyone for that matter, we should only focus on what we can do and not give any power to Elon Musk because it is scary to think he could tweet and drop the price. I doubt he would manipulate the price and at the same time place orders or go short or anything like that. That would really get him into trouble. Anyway, he already stated his opinion. The worst I would expect is that he mostly repeats himself. It would be surprising though if that has any significant on the market. We all know by now what his position is. It couldn't get any worse. |
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The decentralized feature of cryptocurrencies market is responsible for creation of tons of shit altcoins of course most of their developers abandon those project mid way to their roadmap thus rendering those altcoins worthless in fact Binance recently delisted some shit altcoins recently, I believe those developers created those shit coins in a bid to make money and later abandon it afterall there is no regulations in cryptocurrencies market thus any Tom, Dick and Harry can clone any of the existing coins in the market and launch an ICO to generate funds. Investment-wise it better to invest on already established altcoins majorly picking from the top 100 in coinmarketcap.
I am not sure if the majority of tokens and coins is listed on coinmarketcap, but for now there are close to 6,000 listed. I think it's a no brainer to conclude that 95% are really just scams and money grabs. The sad part isn't the number of coins though, but rather how often these scams worked out for them. |
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I don't think failed coins are the problem. Failed in the senes that someone really tried. That is part of any industry where start ups launch and fail. The real issue are the outright scam projects disguised as legitimate and hard trying. It is difficult sometimes to differentiate the scams from the real failures because you could pretend you tried hard, pay yourself a decent salary and let the coin fail on purpose. I believe that happens more often than we would think.
What you say may be true because between failure and scam it must be distinguished because a scam is a deliberate attempt, while failure is an unsuccessful attempt so that it must also be given a good score because the team has made efforts even though the results are still zero. Yes but the issue remains for the outsider to differentiate a deliberate scam attempt from an unsuccessful startup attempt. As an insider, you can always make it look as if you were trying hard but simply couldn't get it done. You could even publicly admit you were overwhelmed, underestimated the challenge and now burnt through all the money you collected and say sorry. How does anyone know if that person is lying or saying the truth with the end result being the same: the investment is lost. |
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As we know that ELON MASK is a big factor in crypto industry so i think this meeting will play a vital role also. I see this meeting with positive side and waiting for what happened next  That is, if Elon Musk changes his stance on bitcoin specially about bitcoin mining. Otherwise, this is just moot meeting and I don't see it will have a drastic impact on the market. Jack Dorsey though is a willing participant here. But if Elon Musk insist that bitcoin is harmful to the environment then there's nothing that Jack can do to sway his belief. But probably more crypto enthusiast are going to tune in and wanted to hear Elon Musk. Specially when he started spewing things that he doesn't have knowledge (bitcoin mining). It won't have a drastic impact anyway. If it does I will lose my belief in minimum sense of rationality and humanity. Musk should by no means be able to have a drastic (as you put it) impact on Bitcoin's price. He is rich as hell yes, and he if were to pump $100 billion into Bitcoin, yes, but not if he meets Dorsey, they have some chat about cryptocurrencies and mining, say a couple of positive words and the market goes through the roof. That can't just happen. |
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I was regularly repeating to my friends that BNB will touch 1000 dollars at least for once but that Elon Musk crash happened and it returned back to months ago. I think in short term it won't reach 1000 dollars but in long term it will.
Keep up the spirit, for the crypto ecosystem to grow it needs ambassadors to help people know some of these projects existence and how to benefit from them. As for price,I don't see any barriers stopping BNB growing to that price, its just that of late everyone is distracted with the miners pulling out of China and trying to figure out the next step for us to register another ATH. When this chapter closes brace yourselves for the bullrun. The chapter will never close. There will always be a political discussion accompanying anything that happens around Bitcoin in general and Bitcoin mining of course. Actually, I think that most of the headlines even if negative do more good than harm. It raises awareness and people pay attention and get interested. The mining issue in China doesn't really matter that much. There are other countries who will be accommodating that industry. |
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People talk about ETH in certain two ways and that's about it. Either they realize that it is going to be 10k one day eventually, which is a no brainer because it will and we all know it unless some major technical problem arises the price is destined to be 10k in a few years for sure or they talk about how there are competition nowadays like that should somehow mean anything.
I personally believe that we should not be looking into too deep into this, ethereum is awesome and it is in the core of many many projects and will continue to be like that so I do not think that we should be worried about it. We all know eth 2.0 is on the way and it may take a year or even longer for it to come but I know that it will happen and that is when everything will be ready. Next week we have the eip 1559 if I am not wrong and if it is not postponed already, which should already start to help it.
There have been so many so called competitors and they operate at a small scale and claim they are better. Then why don't they reach the scale Ethereum is operating at? There is a reason for that and obviously the market decides again and again that Ethereum is the superior solution to many problems. That doesn't mean Ethereum is the only answer, many projects can co-exist and they all have their advantages, but Ethereum tries to to get as much as possible under one roof. That requires time, research and effort. |
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Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
I still hope the market will recover and Bitcoin make a new ATH. Bitcoin's current state is really worrying, whether it will recover or will fall deeper. My current state is quite sad, because I still keep my Altcoins. so my portfolio is down around 75% It’s hard to say that this market will recover at the end of the year I mean, to make another ATH but we already have a good run this year and maybe we will pause for a while and next year will start to regain the top position again. Don’t be sad holding your altcoins, as long as you have a good list of altcoins they you’re good, it will recover again and for me, we will still end this year with a good price. There might be no guarantee but still people are still bullish about the future of cryptocurrency. We’ve experienced both pump and dump on a first half of this year and I’m so happy that many are into cryptomarket now and most of then are still making money. You might disappointed right now, but this market wont die this year and those altcoins that you hold will rise, as long as they remain active and operational. The future of cryptocurrency is really not debatable I guess, but people are impatient and get nervous when Bitcoin doesn't increase 10% for a week or two. I am optimistic that the second half of the year could be a bullish one. I don't have specific indicators or evidence for that, but we might see another run towards the last quarter of the year. Maybe not another ATH for Bitcoin, but some price action and I hope the right direction!  |
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This major dip we experienced earlier this year is different, if we want to get back up there we need to restrategize to find our way back there. Already we know the major reason that hit us was something to do with energy production and carbon emissions....we fix this and we back on track for the 1 mil a bitcoin dream.
That is not a question about strategy, that is just a question of market sentiment and technological progress and also regulatory and legal issues. We have had such a nice run that we all knew it had to come to an end at some point at least temporarily. A lot of people quickly forget how remarkable that boost was. We went way beyond the $1 trillion hurdle that we were all looking for and we really went above and beyond. That was the first time when almost all parts of the world realized that this is a very serious asset class with enormous potential. |
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I think that ethereum can reach that price. in fact, we've seen the price of ethereum reached half of it when the bull run occurred. anyway, I quite believe that Vitalik will do his best to develop ethereum at this time. it will certainly have an effect in the future. enough coins want to drop ethereum, it will push ethereum even stronger.
$1000 is not a hard price for ETH, maybe many people at this point think that thinking is crazy when the market is getting worse. But what we should be looking at it is its potential and its importance, and I think if we were living in 2025 we would say it's an approximation. You miss one zero because @OP saying about $10,000, but you write $1,000 Ethereum can increase to $10k, but breaking $5,000 will not easy as the highest price before still below $5,000. But if this year still has another bull run, it could trigger the price to reach $3,000 and so on. In the next 5 years, I can not imagine how high the ethereum price will increase because maybe the price will be more than $10k. My prediction for ethereum in the next 5 years will be at more than $7,500. Yes mate! For me if you look at what ETH has built in the crypto market it is really impressive, we have been following and accompanying it since the early days and now as we are moving to the new stage of the market. Our faith in ETH is very strong, to be more precise I feel that authority is sometimes better than bitcoin. Until bitcoin can back to $40k, ethereum will not moves to the high price and will remain at that price but not increase or decrease too high or too low. Many investors still trust ethereum besides bitcoin and they are buying ethereum every time the price reaches the lower price. They are waiting for the next bull run for the altcoin because ethereum will also have a chance to increase if that happens. Well Ethereum is one of the few coins that does indeed outperform Bitcoin at times. Every now and then when Bitcoin pauses its bull run, it does happen that Ethereum catches up and reduces Bitcoin's dominance. As the two have fundamentally different value propositions, it does also make a lot of sense. If the new upgrades can be rolled out perfectly, that's another good sign for an upwards movement over the next few months. If it will be the ATH again, who knows. That's the advantage of ETH over other projects. They really deliver what they promised to the public. And if the development and innovation will continue on this network, high possibility that they can reach the $10k level in the next coming years. Though we can't predict when, but if they will continue to cater services to the crypto community and remain to be one of the top networks, they can very well achieve such price. What can definitely be said is that they work very thoroughly, nothing is being rushed and if they implement an upgrade, that upgrade works for sure. The team behind Ethereum is reliable and capable of building great stuff. The market obviously knows to appreciate that. I am looking forward to have all the staking features and hopefully there will be a burning mechanism as well one day. |
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