It may or may not happen this year, I'm not sure, but I believe it will happen in our future. Every new bull market we see coins creating new ATHs of their own, if OP is confident this year things will work out then I think there will be the factors affecting it are really strong to boost the value of this market.
We are just in the Middle of the year meaning we still have 6 months for this to happen so i guess that's so early to speculate that in may not happen . Bitcoin will dictate what will happen to market, if this pumps then the whole market will follow as how it always happen and don't worry there will no Altcoin season to come this year of 2021 as they have passed in the recent months. Really depends on the next few weeks, if BTC can hold that level we might see a gradual increase in price, but maybe not a full fledged bullmarket.
And depends on how we will react, if we don't continue investing and instead we sell and sell then the market will never reach that bullrun again. Of course, we still have about 6 months to go until the end of 2021, but the problem is that we are relying on the current situation to judge what will happen in the future and I see it as okay. The current market is showing a big change happening in the near term, I think the positive side will be seen more in the near future.
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We are discussing an uncertain issue, I don't want to speculate on this in the future. As it may or may not happen, although the assessment of this market potential is very large, honestly as long as they have not found a way to accept it into the economic monetary system, we are still much to wait. I see the issue of accepting bitcoins and cryptos is getting easier and easier, looking back we have come a long way to where the crypto market is today. But if the US implements a ban on cryptocurrencies, then I think really bad things will happen.
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We're still seeing legitimacy looking to build stable coins that are pegged to fiat currencies to further limit the risk and less transparency of cryptocurrencies, while minimizing reliance into fiat currencies and intermediaries. In general, the way for cryptocurrencies in general, or Bitcoin in particular, to become a legitimate currency and a safe asset will still be an open question.
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It may or may not happen this year, I'm not sure, but I believe it will happen in our future. Every new bull market we see coins creating new ATHs of their own, if OP is confident this year things will work out then I think there will be the factors affecting it are really strong to boost the value of this market.
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HEX has went from 1 satoshi and is currently at 253 sats. I fully expect it to go over 2500 sats soon. The thing with hex is that its still super early, coinmarketcap still hides it on their 3rd page even though its already a top 10 crypto. HEX will overtake bitcoin, that is a fact.
I just want to advise you with coins that have and have many problems. Although it can give you a good profit, it will not be as safe as the leading products in the current market. At this point it makes more sense to find projects that are easy to use and have value in use rather than money than having money and losing it in the future
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We can't stop those people or point them to the direction that we want them to see, As they seen other else fro what we practically understood, there are people who are willing to take the risk gambling with opportunities to buy at the right time and sell it when the value pumped high, those who also influenced people around them thinking that they'll might catch the right train. I never thought that doge coin could reach its current values, but with a market that is considered crazy and nothing is impossible, it has happened. My close friends know that I work in this field, but what they come to and want to learn and listen to advice is for doge coin. Anyway, doge coin is bringing interesting things all the time along with bringing about a silly trend in the market for meme coins.
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Yes, coinDesk and cointelegraph are the leading and quality channels in this market, but I think those are the places where we all have that information in common. So getting some confidential information from projects will only be known quickly if we follow and pay attention to it, I usually do with projects that I like and participating in social channels as well. Finding out the information surrounding the plans they plan to build will help us have a broader view.
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I understand the meaning of this saying, and it perfectly reflects what life is going on. We are all born with the instinct to always try to understand everything around us, depending on our thoughts, we will be satisfied with ourselves with life, or better yet, master ourselves myself.
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I will definitely use it if the services I use accept payment with it. I think this will happen soon in the future, in the country where I live I have also started to see news about government adoption and research into crypto (blockchain).
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I don't see how they are related to each other very much, I don't know about these countries but with the information you shared, I only see that they have a very small population, look here, many countries still have population is not equal to the number of deaths from the COVID-19 epidemic.
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I still prefer to buy BTC and ETH over other cryptocurrencies, although we may find them to be too valuable to hold at the moment, but honestly we all agree that they are both methods the best facility in this market so that you can make a good profit without too much risk.
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Doge overpriced is trully yes, before all of it doge just small coin in the big crypto world, but since elon said in his tweet, its going up like crazy. Undeniable, doge has good speed transaction, but with unlimited total supply, doge should not reach the highest price like yesterday we saw, it is pure manipulation by whale. Before all of it, doge was my favourite coin to do transaction, but now i am moving to BEP20 wich is has cheaper gas price.
Dogecoin was originally just a cryptocurrency created for prank purposes. The coin's symbol itself is also an imitation of a dog. Currently, Dogecoin has little commercial value, but many people are still trusting this coin. I also don't have much to say to them, because instead of trying to explain to stubborn people, let them see for themselves that they are making mistakes.
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I see this as entirely possible with ETH, honestly ETH is the king of altcoins. I see that if I look at it in the next 5 years I have full confidence that it will be able to surpass $1000, but that's a beautiful scenario I envision for this market.
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It might be the right time but it's difficult to make sure about it. We see the market going upwards again right now. I don't want to FOMO either. I did it in the past a few times and I lost some amount of my investments. I just want to wait for a little more time to observe the market and invest into something considering the movements.
dyor, the problem only occurs when we realize we already have many problems. For a very new and small market, self-study and evaluation is a necessity. If you can afford it, I think you will feel what is good for yourself.
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At the moment there seems to be a lot of positive signals for the market and I see a lot of coins showing signs of increasing again, but overall I still think things will be more problematic next time. I think there will be news that will affect BTC again and will directly make this market fall into worse scenarios, but that is just a small guess, anyway I still have long-term confidence in the market it.
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Of course if Elon daily posts good tw about it, I think it's the easiest field to drive growth from doge coin. Maybe we shouldn't expect too much from it, i think the coin meme trend has lost its appeal.
Perhaps Elon's influence has cooled down, as his recent twitter lines have not brought much great things to doge coin. I am also a non-supporter of this coin, if only thinking about profit and creating a negative then I think it deserves to be cursed.
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All CEX tokens are centralized. I also consider Tether to be centralized. Actually it is hard to find a cryptocurrency that is decentralized except Bitcoin.
As long as you're transparent decentralization does not matter.
I agree with this, there are many exchanges that have tried to create their own governance tokens, but have not shown the application and role to the market. However, I also find that the leader factor is very necessary for this market, so the issue of decentralization and centralization needs a harmonious combination.
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They are simply fomo following the animal movement and originating from dogecoin, there are many coins that have succeeded in doing that and there will also be many malicious coins created to appeal to everyone's greed people.
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As far as I know Doge is an endless supply coin, how much it can be issued is up to the owner's liking. If Tesla accepts Doge for payment, it is very likely that a large amount of Doge will be released and buy the entire Tesla.
Even bitcoin is being overturned by tesla and Elon Musk, what future will a coin like doge coin have if he will do it. Don't let their tricks hit the current investment sentiment, after a few market swings I think great drama is still ahead and it won't end simply like this.
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The latest news about that incident is that they're now back at it again and just restarted. It probably had an effect on crypto but didn't do that much.
What's impactful is the new statement of Elon that they're no longer going to accept bitcoin payments for the purchase of their Tesla cars. After his words, there's a sudden drop of around 6% for bitcoin.
As per the official statement released by Elon, Tesla has stopped accepting Bitcoin because of concerns regarding the fossil fuel usage for Bitcoin mining. It had nothing to do with the pipeline hack, as far as I know. Elon is just trying to manipulate the cryptocurrency market according to his own whims and fancies. Now he will come up with his own PoS shitcoin or promote some already existing shitcoin and claim that it is more environmentally friendly when compared to Bitcoin. This guy is a big fraud. The day I look forward to has also arrived, I always look forward to news that is different and makes us happy. But the newcomers are panicking a lot , I'm glad they didn't listen to the advice in the first place.
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