I think that in the near future we will see further price reductions. Because there are no factors that are able to push the price of Bitcoin up. I suppose that the price will fall to $ 3150, and from there, I hope, the price will jump back and a bull run will begin. How long it will last, I also cant say, but by the middle of December I hope that the growth will begin.
The price is showing a small recovery today, it is not something that is going to make investors come back to invest once again in the market but at least it is going to leave some room to breath to all of those that were very worried about what it was happening in the market, now the problem we are facing is how to convince all of those people that got out of the market to come back. You are right when prices are rising in the cryptocurrency market - my mood rises and I increasingly believe that the market will soon recover. I am also confident that when the bearish trend changes to bullish, investors will again actively buy cryptocurrencies, and the ICO project market will be activated.
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As we can see at the moment, the price of bitcoin has really dropped a lot, but I think that it will not fall below $ 2000, although few people would have thought that this year the price of bitcoin could fall below $ 5000. Personally, I believe that the market will sooner or later recover and the current market situation - manipulation by the whales and the opportunity for them to buy coins at low prices.
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This question has been discussed many times, but nevertheless, no one knows the correct answer and how events will develop in the market of crypto-currencies in the future. Personally, I will wait for the recovery of the market no matter what.
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I really don't see any changes on the crypto in this last quarter continuous price drop has disappointed everyone in this forum and the market has crashed. I don't think there will be a bull run this year.
Yes, everyone hoped and expected that the recovery and growth of the cryptocurrency market would be at the end of the year, but this has not yet happened. But if we truly believe in the future of crypto-currencies - we must survive these difficult times and wait for the market to recover.
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As we see at the moment, the market has not recovered, on the contrary, the situation has only worsened, but if you want to buy some coins, now is an acceptable time for that. Personally, I am depressed by the market situation, but despite all the negative factors, I want to earn as many coins as possible and wait for the market to recover.
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Many people hoped that the market would recover in Q4, but this has not happened at the moment. Honestly, I find it hard to imagine the reasons (factors) that could trigger a market recovery and a change in trend.
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Personally, I cannot single out any altcoin that I admire, because the overall market situation is bad and all projects cannot show their full potential.
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This year, crypto-currencies are not as popular as in the past, but digital currencies and their capitalization were very high in the month of December and it will be very difficult to repeat this situation. Nevertheless, new projects and technologies appear, some countries legalize crypto-currencies and create their tokens, so I believe in their future.
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How long has this been over? already 5 times or more there was a correction when they said that all the market is now collapsing, bitcoin bubble, and crypt kapets,and still everything works and new projects are launched, so I can safely say that still waiting for us in the front, and 19 year will be bright, so ahead of the digital age of development
You are right, despite the fact that the market is in a terrible situation and many people have lost faith in cryptocurrency, I do not think that this is the end of the crypto-foreign exchange industry and the market will recover anyway, we need to be more patient.
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This year we really had and have many opportunities to invest in crypto-currencies, but before investing you need to carefully research the market, the coins (projects) you want to buy, because if you blindly invest without any knowledge you will may lose all the money. Therefore, everything is in our hands.
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I go on coin market cap everyday but this time when i look i see a significant drop in crypto! what happened?
9 years of trendline had just been broken by last night dump I think it's a sign that it can go down further. 12% a day is too much for me to handle any more. I may come back another time. I want to believe that this is really the bottom, and then there will be a change of trend, but judging from some signs - it makes no sense, because no type of analysis can determine or give an understanding when the market will recover.
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In fact, I believe that competition between coins is good, since each project wants to be better than the other, so they need to develop and improve their technology. But I believe that Ethereum will not give up the second place XRP.
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MVP is an important factor when choosing a project to invest in or participate in a campaign bounty, as this proves the seriousness of the project and its well-planned work. But in any case, we always need to carefully review and study projects, as fraudsters can fake even the product MVP.
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All that we have is hope and belief that the market will still recover, and prices will rise, but no one can guarantee us that. In spite of everything, I will follow the development of crypto-currencies and stay on this forum.
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Indeed, there has been a lot of talk on the topic of ETH, but not everyone understands the significance of this coin and its technology, as well as the fact that the overall market situation is bad and the prices of all coins are low. When the market recovers, everything will fall into place.
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ICO will be dead until ETH can get back to 600-800 range. before that- forget about it and wait until greedy projects start to lower their hardcaps to something "startup" reasonable
I also hope that the market for ICO projects is changing at this time and some projects will really understand that they are putting too high amounts for the creation and development of the project. But I do not think that everything depends only on the price of ETH, I believe that everything depends on when the market recovers and the overall market situation improves.
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Even at this point, in some countries and some institutions, Bitcoin can be used as a means of payment (as in your country), so I am sure that we will use Bitcoin more often as a payment method, but replacing cash at the global level will be very difficult.
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Yes, many people are very sensitive to all the news and believe everything, thus they can panic and sell their tokens at low prices if they hear negative news. But thanks to this forum, you can read the recommendations and advice of many experienced users and form your point of view.
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The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
Perhaps in the future, the banking system and the global economy will change and the blockchain technology will be used more often in many areas, but at the moment it’s hard for me to assume that banks will disappear, as they are very significant for the economy of each country.
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