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The person who created this article just speculates the price either it may go up or still it may remain the same, BTCs seasaw game is still in progress as the price is maintaining from 9k to 10k.
Price may go up only if there are some bull Investors invest in BTC else we can't expect a change in the price. However let's believe everything is happening for a good cause.
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Bitcoin dominance is mainly affected by the so called alt season, low BTC dominance could suggest you that altseason where the demand might be higher.
The market is purely unpredictable to me the BTC price looks stable now, Investors will always look for safer investment rather than taking up riskier position. So it's better to wait for few more days and invest accordingly.
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Before filling plan for long-term also Invest in top coins because there are so many projects which are dead, it's better to go with some popular coins to be in a comfort zone.
I feel this is not the right time to buy and fill coins because the price of BTC and alts are stable now, we need to focus only if the price of crypto coins ho down until then Wait, wait, wait..
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It's just a matter of time even before a year he told this coin as his favorite coin, also this coin went viral in tiktok before few days and it made a 90% pump too.
Elon musk is a famous figure across the globe and I believe such tweet from a celebrity will definitely make the coin more popular and many of them will start to invest in this, I feel like this coin will reach new heights.
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Well that was a funny statement made ever in crypto industry, one thing we need to understand is hype and overconfidence will always lead to downfall. McAfee would have realized his mistake and he will never come again with such statements again  to me it was like a gold digger prediction, 500k is way too much for now let's hope for the best and wait for our day. |
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No one knows when this pandemic will end and no one has the answer for what might happen in crypto after this, i think there might be lot of changes after this as many of the corporate and small scale industries have already planned for work from home. I guess most of them will take this as advantage and save their earnings as much as they can.
I would definitely prefer to buy some alts from this savings because I know it will change my life one day and I will plan it for long-term.
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I really don't understand how these people are speculating the price of BTC, doesn't it look too much??? In my opinion this price might reach in the next decade most probably..
On the other side most of them will not buy on this price as this is a big number, well after a historical pump in 2017 we didn't see any big change in BTC price and now we are in the halfway mark of the historical price and this is the nature of crypto currency. No one knows what might happen in future..
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I guess the supply of USDT is growing substantially and the exchanges was continuously high, so this made a serious surge in the market. When BTC price goes down immediately many of them change it to USDT as a comfort zone.
Also a big drop in BTC and other cryptocurrencies fueled by corona virus USDT have pumped now, also it surpassed XRP as well. There are possiblities if the crypto currencies recover.
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I don't think the price of BTC will go up now, after the Twitter hack the major shock was about Bitcoin hacking and many of them will loose faith now, how can one Invest if there is some serious thread?
Also just a temporary pump will not be considered as the price will go up, apart from that this pandemic has caused a major stir among everyone so I guess it will take more time to see some changes in the BTC price.
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I think it's still to early for Bitcoin to be used as a form of transaction towards goods and services because in the end people will convert it to Fiat doing no benefit to Bitcoin at all.
I prefer Bitcoin as of now an asset for wealth, a safe haven for investors against inflation and unstable stock market.
I agree on your first point as a form of transaction towards goods and services it will take more time because trust matters here, In this digital age people are slowly moving on new era like transactions are happening in finger tip at the same time things will change in quick time like BTC will start dominating. BTCs popularity will increase when commodities happen easily with BTC similarly gold, real estate etc. If this happens I am sure BTC will become a gem. |
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Yes i believe that there are some bounty campaigns even they pay late the rewards seems to be great. Some of the bounty project delaying the rewards it is because to protect the coin from dumping and some time may be a sort of problem like this time of pandemic, the economic growth is falling down and cryotocurrency is also affected.
I don't think this might be an issue, the thing is scammers have trashed the bounty projects several times majority of the bounties use to be scammers I am saying this to everyone but many of them use to be also yes there are some good bounties where they are holding it without listing it only because to see a good price in the market. But bounty Hunters have got depressed working for all because they can't wait for months for the payment. So every bounty projects should come with a unique plan to resolve these type of issue.. |
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Everytime we go in a bearish trend, there's an expected bull run. But giving timeframes like this coming July, there's no basis on that. We're used to these experts saying that here and there, there's a possible bull run, well basically it's true.
But the point is everyone can say that there's an upcoming bull run regardless of the situation. We can't rely to their words and play on our own if you're looking for the bull run, then wait patiently..
Agree with you, no one knows what might happen in upcoming days the so called experts are Just predicting even they don't know the reality. People come up with new speculations and cry here for bull run 😭 but we need to understand the seriousness and situation of the market as COVID-19 has already disastered the entire globe, so it's better to wait patiently for few more days. |
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I understand your situation... Before invest check project carefully this is important for every time and don’t lose your hope be strong....next time don’t invest this type of project please always need to be careful.
Eth is a powerful asset and it has capability to change things in a real quick time, if you don't know about the project just research and know how much unique it is. For your information ETH is the king of alts well this reputation came only after hard efforts of the project, situation matters for every matters just hope there will be a day for you too. |
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Tiktok is an entertainment app luckily Doge coin was trending for someday but this doesn't mean the coin started growing rapidly and yes it gave attention to most of the user's about doge coin. It's not a platform to promote the crypto currency but I am sure it would have gradually created some hype in the market and rapidly the price got increased, honestly this was not expected by any one but whatever happened is for good |
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Many people are interested to know more about bitcoin but we as users will have to acknowledge that the risk associated with holding BTC is also not for everyone.
I don't quite get the point in the OP though...
If gold was accessible to more people it would lose value? Pretty much no. That's plain wrong. If demand goes up and the supply remains limited (which is guaranteed to be the case with BTC), then the value is only bound to go up.
People having more access to the internet, even in poorer countries, means that more people will need access to value transfer services. It'll be interesting to see people in developing countries leapfrog ever opening a bank account in favor of innovative alternatives like bitcoin.
Agree with you people get excited only if the value of BTC goes up and it becomes a talk of town across the globe but they also want to know the risk of Investing in it as well, I personally feel holding BTC for longer term is a good idea. Like you said internet access has been provided in maximum number of areas across the world and the digital payment system is expanding and growing which could change the fate of many things. |
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People use stable coins for sure only to maintain their value. And for payment it is certainly very suitable, because the value is not volatile like bitcoin. So that for payment it is suitable for payment. Actually coins are stable in crypto as well as fiat $$$.
When the market crashes, investors or traders will keep their assets on a stable coin because this is a safe way to save assets from slumping, therefore stablecoin becomes much sought after when the market is down and indeed in terms of payment many use stablecoin. Exactly, that's the strategy of a safe and secure option to avoid loss. And yes stable coins are mainly to minimize the volatility of the price, when crypto market goes bad stable coin is a safe haven. And yes you can transfer funds between wallets and exchanges if you invest in stable coins. And the most important thing is the profit of any investment is depend only on the popularity and adaptability of coin. |
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I have more expectation at that time because as you say if bitcoin break the trendline then we will see bitcoin price going up to $9700 but it was just a trap and I lost my money at that time. I forgot to wait for the next candle (confirmation) and I just entry when the candle broke the trendline. Seeing some information in several media stock market is falling as well due to coronavirus again and I just think that it will take a long time for bitcoin price goes to $10.000 again.
I would say BTC is performing good even in tough times like this, the market is looking stable from few months and you can't expect a short-term profit in real quick time. Don't believe in marketing hype or media and invest in crypto because it's purely a long-term asset, just hodl and wait for your turn things will get better in couple of days. |
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Well considering the rate at which fiat and paper currencies are disappointing, bitcoin seems a good option, but even bitcoin is affected by price volatility, it would be a perfect fit if it is a stable coin, my opinion though
Governments all around the globe are currently trying to develop their own national digital currency and I guess in the future we will be transacting with these currencies wherever we go. Consider the case of China, in China most of the payments are processed by its own payment processors and mostly the Chinese people use digital methods of payment, they don't even have to type in the password for doing payments, their facial recognition software does its job perfectly. The future will definitely be governed by the digital currencies and bitcoin will also be one of those currencies. Exactly, many of the government's want to launch their own coin rather than going for other coins which has already listed also many of them give prior to it because they feel like it's a secured one and probably better. This digital payment system will work all over the globe very soon and I believe in most of the countries they will lift the crypto ban too. |
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I am overwhelmed by Justin sun's incredible marketing techniques, but I am sure it will not compete with ETH 2.0. I personally think it will not hit in the market like TRON did, but some interesting stuffs are going around crypto market as Justin sun has tweeted as bull is all set to appear. However let's wait for few more days I believe TRON could be a game changer in future for sure.
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