By now, I am sure everyone should have gotten the gist already that the only time a market can be very sustainable without much fear or greed is when the market is in a steady growth and even if there is a correction, it would not always be a very terrible one. As long as people get greedy, join FOMO and the market skyrockets for no reason at all except for greed, the chances of seeing a huge correction afterwards is definite and I am sure we have all seen an example lately and in the past as well. If it is a huge growth that came about based on real life usage and demand, that is a different case, but for something driven by speculations, that is not a good thing at all.

There will always be two phases to the market as far as I am concerned which is a downtrend phase or an uptrend phase and there is nothing anyone can do about it.

Also, there will always be four different set of people in the market, the whales who are always the ones controlling the prices and trying to shake out the weak hands, then we have the traders who are trying to take advantage of the fluctuations, and then the real holders who are looking to the long term and then finally, the weak hands which I already mentioned when it comes to shaking them out.

All these number of people are part of the market, and news is just a fundamental part of the market that drives the market somehow, but the fact that a market is down now does not mean it would be down forever.

I would not be surprised if the whales decide to instigate some bull run before the end of this year and go ahead with their rinse and repeat process over again as the downtrend continues at the beginning of next year. Like I will always say, nothing is guaranteed at all when it comes to this space and the only thing anyone can do is to just be monitoring the trends.

Whether there will be a bull run or not, is something we can only get to know with time and even though the signals are looking bullish, until we see a clear bullish movement and not just some upward break followed by some sideways movement, before we will even be able to start thinking of the next move forward.

Everyone tries to attack ethereum nowadays and tries to dethrone ethereum as the second biggest coin out there but the problem is you should aim either higher or lower. If you are going to make a coin and want to hype it at least aim to beat bitcoin, however if you are going with the realistic route than try to aim passing smaller coins and try to be top 50 coin first before going anything higher.

I see too many ICO coins that are trying to beat ethereum whereas they are not destined for even top 50. Waves is a cool coin however there are many coins waves need to pass first to compete with ethereum.

Well, I would say some altcoins. It is not about the idea they have, it is about the product that is available.

Actually, we are beginning to see a decentralized space with everything going digital and then getting to see tokens and coins that will be utilized on products that would eventually offer some real life usage. Nevertheless, just very few of the altcoins have the potential for growth and in as much as a lot of them are really not valuable as they have no real life product; the only thing they will ever be useful for is pump and dump.

If we start seeing real life usage across board though, things would change. But, I believe bitcoin has all the potential to bridge real world into cryoto space, there would be no need of altcoins in between. This is the real fact but I am sure many altcoin lovers will not be ready to accept this.

I thought some people in some thread said experience is the best teacher. You really do not have to tell him because he won't understand. Let experience teach him some lessons and later on if he is smart enough, he would know that downtrend are there for some reasons and the main reason is to shake out the weak hands, and as long as you are smart enough not to be a weak hand, you will always get the best of the market in the long run.

It is just unfortunate though, that just very few people know that, and one of the reasons a lot will never take advantage of the dips when it comes but end up focusing on the end of crypto that is just starting. People tend to think like this because they never had a single idea of what they are investing into in the first place.

What a lot of them were after is to make quick bucks, with no knowledge of what the future holds or why they should really be investing, let alone, knowing that this is a market that is new, here to stay and just starting with good growth and for someone to consider a bear market as the end, shows just how ignorant they are and how they really should not even be considered as real investors in the first place.

At least, one thing I am sure of and certain is that unless there is an Armageddon, earthquake or a natural disaster cannot open in the whole world at the same time as it is usually subjected to one region and since cryptocurrency is a global thing, I do not see a way a natural disaster in a place would globally affect the cryptocurrency market.

Fiat is subject to the country in question and sure a lot of buildings being destroyed, people losing their lives, jobs being less, and activity being stalled economically can affect a lot but I do not see how that would have anything to do with the state of cryptocurrency. When it comes to availability of buyer and seller then there will be no differences between fiats and cryptos, you cannot transact when another end is not ready to transact with you. This is one example how a natural disaster may impact cryptos.

That's what’s. We are gradually getting there in which a lot of countries with all the crisis looming will be looking for a means to at least get away from fiat, and looking at the decentralized space, this looks like just the coolest spot at the moment for it. This is something I have so much expected and been looking forward to. Crypto has been known to be a new store of value and even though it is new, the future is there and for that fact, a lot of people will keep looking for a safe haven in this position where fiat currency becomes the last thing you want to be holding with the inflation and whatsoever.

Yes, I do observe almost all the people from economically struggled countries are slowly opting for adopting cryptos in various methods. When their  local fiats are not helping to feed them then how we can expect them to keep their faith up on fiats all the times.

This is something that is very definite, judging from the way things are going now and development is gradually coming up all over the world and most especially on the need to regulate cryptocurrency and adopt blockchain technology. This is one of the main reasons why people should always stop listening to FUD news like what the OP is stating and then focus on the future.

Anyone who is concentrating on the market noises in the short term and is looking to invest long into a market will just end up not investing at all. This is a new market with a lot of room to grow more, and I wonder why people will still want to keep blowing that chance away.

Bull run happening this December is nothing close to reality and even though we might say that the market can always surprise at any time, we also have to understand that technically, some resistances would have to be broken before we start seeing any major bull run and if someone thinks the possibility of still visiting downwards is not there, then obviously, they may get even more surprised in the long run.

I would not expect some bull run this December since we are still in a bear year and even if we get to see anything, I believe it would just be some midterm short bullish behavior, but for a bull run, we are not even close to it.

I am pretty sure they have been seeing that alternative for a while and they have been getting in with the hope of regulations in the future before they even start declaring their adoptions.

Moreover, I know for one thing, the institutions are here already, either on a large scale or on a small scale, no one can tell yet, but institutions always look for a market as long as it is profitable for them, and for this non-regulated decentralized space, I can bet my last bitcoin that they are so much in it that they are stashing up hugely for the future which is why any smart person today will try as much as possible to get their hands on the little they can.

Forget Mike, he has made predictions in the past that never came into reality and I would not even bat a lid on someone who is trying to give some predictions like he sees the future. The fact remains that these guys are just speculators who want to keep gaining recognition.

No one knows what tomorrow holds, what is important is to take advantage of now, make trend your best friend and you will always be fine. Mike Novogratz prediction just like someone said is just a prediction and that is something he made up from his own thoughts based on what he would want to see happen, but it is just a prediction either ways.

Obviously, there is no trend that would come and would not eventually fade off in the long run.
So far, we have seen the way the market generally has been behaving towards the bull side and the bears already weak to even drive it down lower.

Nothing can be guaranteed yet absolutely, but the optimism is there coupled with the fact that the fourth quarter has always been bullish over the years, and we might hope for the same thing as well this year. Like you said, market is always bound to recover at some point, we cannot know it, but certainly we can be hopeful for it, but with the way things are going, I would rather be hopeful and buy the dips.

Yeah! You should!! If you do not, the chances of seeing yourself getting ruined and having nothing, while wasting all the productive stage of your years into gambling and fighting addiction is going to be there waiting for you. Beginners luck is just something I believe some may have just cooked up in their own imagination, but in reality, there is nothing like beginner's luck.

It is either you are lucky or you are not, and whether as a novice or a regular gambler, the same luck principle applies which is why anyone who really wants to go the gambling way should always have it at the back of their mind that they should try as much as possible to control themselves and not get overwhelmed with making profit from gambling because it won't happen.

So many times, I have seen people not wanting to hear that, but in the real sense, that is just a fact. Gambling is just a game of luck and I wonder why people tend to pay attention on the fact of just winning when they know that losing is actually even more paramount. It is either you are lucky or you are not lucky, and the best is to always set a limit for yourself.

If you win, fine and if you do not, move on! It is as simple as that, but some people, until they get themselves so drained and overwhelmed on the idea of chasing wins and profit from gambling and finding themselves not being able to get out, before they realize they have taken the wrong turn.

Regulation is actually very important and I really would not want to be using a non-regulated exchange anyway considering the risks involved in the long run. I have been using Binance for a while because of the low fees as well as KUCOIN and I have always not regretted it. Although, i still make use of bittrex, but just for some few trades though, but for the fact that bittrex has been in existence for a while, it has stood the test of time and it is regulated is one reason why leaving it for a lower fee exchanges is a bit hard but I guess over time, we will get to see how these other exchanges get to perform.

Who would not want to even choose something they would be so much guaranteed would bring them something substantial in the long run and something they can always depend on as long as they know what they are doing. In gambling, you really do not know what you are doing, as the only thing you will ever do is to play some game and hope that luck would pull through for you and I really wonder why someone would want to live their life on something like that.

For trading, those who are always ready and eager to learn, pay attention to the fact that they need to be able to do it appropriately before even jumping in, will always get the best from it, but it takes process to get there and it is not like something anyone should just hop into, expecting to start making money from it immediately.

People put blame on the whales because they are always looking for someone to blame at the end of the day any which way rather than facing the fact that they lack understanding of the market and really have no knowledge about trading, and instead of just holding 100%, all they do is gamble their positions in the market and the end up seeing themselves lose a lot in the long run. Volatility will always be high as the market is absolutely speculative in nature and until we see some real demand based on usage, it is something everyone should just simply get used to.

People will always panic because they had no understanding of the market, its volatility, the idea of focusing on the long term and forgetting about what you see at the moment and all they care about is how they want to see the market rise so huge in the short term and get rich overnight. The market is highly positive, looking at the market from the onset, it keeps increasing every year, and I really do not expect that at this stage, people should not always focus on the current downtrend but the possible uptrend and the huge demand as well as mass adoption in the future.

2018 is not a bad year, it is just a downtrend which is normal and it is a good year as downtrend tends to give you the chance to buy lower, and I wonder why a lot of people see a problem with that. This is something they should be embracing, but because the market is speculative, prices are driven by speculations and manipulations, people tend to chicken out a lot of the time when they should be taking an advantage.

For what it is worth, I have always had it in mind that before we would probably start seeing some major recovery, it would be within 2020 - 2021 and since people will get greedy as well, I expect to see another rinse and repeat process until finally, we hit the mainstream adoption level.

That last part really got me laughing as I remembered a thread on this forum where someone said that $10 was overpriced and that would mean the end for bitcoin with the way the market is going and here we are trying to find a bottom and testing $6k support several times and even if we go lower, at least, I am certain we won't be as low as where we were few years ago.

People are giving attention to SEC like the market will still not keep growing even without SEC. It has grown over the years and it is even just starting with more growth being imminent and nothing can change that fact, not even SEC.

In the poll, I could not find my speculated value for the time of this December. I expect prices to test the bigger resistance levels of $10k before the new year. I am not ready to listen anyone news sources but believing into this community and bitcoin;s potential to bounce back as usual how it has done in the past.