What do you think about this statement? Yesterday, at the Libra Facebook hearing, we heard positive bullish news for bitcoin and negative statements about Libra.
A Congressman: Bitcoin is Unkillable and Unstoppable. TV news already discussing possibility of mainstream adoption. Talking about regulations and allowing emmergence of cryptocurrencies. They are talking about bitcoin and how mainstream could it be in the future. So they are slowly considering crypto adoption.
Did anybody doubt that? Who's trying to destroy Bitcoin? It is possible for them to go down in history as the most mindless people in the world  Yes, they laugh at me when i opened a topic - (Usa government adopting crypto) https://bitcointalk.org/index.php?topic=5165556.0 |
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it's true because from yesterday all the traders and investors just wanted to get a big profit in the market situation that began to improve, so now it can also be said the altcoin museum if I think the problem is altcoin has started pumping up value again
currently there is no friend pump, only small market movements, and this is still normal, when bitcoin becomes cheap and the altcoin trade will grow again. when the altcoin goes down again, you will see how the bitcoin pump takes over the trade again. chainlink 20% profit, ltc 17% profit and i even gave some breakouts signals here on bitcointalk, but you don't want to take any advice. |
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Imo the government won't adopt crypto in the nearest future. This is too complicated. I know that for cryptocurrency geeks this is some kind of obstacle, but to me - they are right that this isn't a proper time to adopt cryptocurrencies officially
Who said in the near future?  |
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I don't really think altcoins season can start from here. It will start after bitcoin finish to drop in price. I think it is just a rebound now. Because the movement of bitcoin seems a little like in 2017, but with a little less intensity. Ethereum movements seems to be like in 2016 compare to BTC. I suppose altcoins season should start on next year. But who knows, only people controlling the crypto market really know it.
If you look at the chart, it still didn't reach the bottom. But it did reach the first level of the trend area. So your statement is possible. |
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What do you think about this statement? Yesterday, at the Libra Facebook hearing, we heard positive bullish news for bitcoin and negative statements about Libra.
A Congressman: Bitcoin is Unkillable and Unstoppable. TV news already discussing possibility of mainstream adoption. Talking about regulations and allowing emmergence of cryptocurrencies. They are talking about bitcoin and how mainstream could it be in the future. So they are slowly considering crypto adoption.
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When you see the drastically change in price it's often too late bro.
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There was a libra hearing at US house of representatives. Surprisingly for most of people it's positive for bitcoin and negative for libra. Anyone still laughing at me?  This is going through complete validation process of bitcoin and crypto! |
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Be patient dear friends. Now is not the time for altcoins. But it should come soon. At least I hope so
top 14 coins rising more than btc currently |
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 Altcoin Season Depends On ThisThis Chart shows you where and when could altcoin season start. We can clearly see the trending channel here. Between the green channel lines. So this shows you the altcoin marketcap dominance. At this moment it's near the green trend line where it could potentialy bounce to the upside. Based on the long trend it's very likely that we see a bounce to the upside at the green trendline line area. (currently between 33.44 and 31.25 Altcoin Dominance. Right now it's 34.99 % Altcoin Dominance. This number could be slightly different from the coinmarketcap dominance so you should watch this chart for a potential bounce to the upside. (Altcoin Season). I would like to say that it's still too early to tell if altcoins will bounce at this trendline or not. We will see that when it gets there, how it's gonna react. It's possible that it doesn't bounce and goes further to the downside. Just watch this important lines and react accordingly. .................................... Maybe it looks like i draw this to happen very soon but if you look at this longterm yearly chart, it can take quite some time before it happens. But my goal here is not to try to predict the date. When (if) it bounces from the trendline and 3 indicators show you to buy some coin, then you can react accordingly. |
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Certainly doesn't look that way with the current situation of altcoins in the market. Even though BTC recently did a massive upward trend, it has been at the detriment of altcoins causing them to bleed profusely. With bitcoin plunging downwards, it may mean an end to any promise of the crypto bull run. Hopefully the markets pick up and we see a reversal.
 ......................... altcoins currently rising more than btc, after a long time |
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......................... Coins, after a long time, rising more than btc. |
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You're welcome! In my opinion we are at the important area where it could bounce. Ltc/btc already broke up from the downtrend channel. Many coins are out of the down trend (in satoshies) and they are currently testing the uper downtrend channel line. So this can be a decision time so watch it closely and react accordingly!
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Altcoin Dominance Chart ............................................................. Ltc/btc ltc/btc
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sorry to disappoint you but you can not predict the altcoin pumping season with technical analysis. it has the name "pump" in it which indicates the manipulation that leads to these pumps and the rising season we have in altcoins. and that then indicates the unpredictability of this whole thing.
additionally what you are using here is market cap and the only reason why it went up last time was because of the dozens of ICO tokens that were being created every week with hundreds in a month that caused a fake bubble in the total market capitalization of the altcoin market and brought it up to unrealistic prices.
now the ICOs are dead and people can't create as much as 2017 anymore so no matter what happens you can not reach the same bloated total market cap as 2017. in other words you are looking at something that will never be repeated let alone be an indication of when the next pump is going to begin.
It didn't went up just the last time. It went up 4x times based on this chart. No one said it must go to the uper trendline. I also didn't say it must happen this time too. Follow this area and act accordingly. |
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I think this price action would happen even without Trump. The bull runs usually have several corrections. 40% correction in the bull btc market is very usuall. It also likes to test weekly 21 EMA line. We didn't touch that line yet.
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Maybe it's not Trump ?
Maybe? This after just 6 hours ago you opened a topic like this one? Now it's an all out war : Government Vs cryptocurrenciesSo, it's war or it's not? And you're going the opposite way. For the others, Trump said he doesn't like it means war, for you a guy that despite his status holds no legislative power saying cryptos are not that ad means the US is going to adopt crypto. It's so damn hard lately to find someone who doesn't overexaggerate things scaling everything tenfold. I think there's no overexaggeration here. It's the one way or the other. This news is extreme. So will be the result of this in the longterm. That's my opinion. I could be wrong. My thinking is that the government will regulate crypto which is the first step for adoption. Yes, they declared a war! But not against bitcoin! They declared a war to the bad boys who are abusing bitcoin for illegal activities. It's just like declaring a war against criminal who is using dolar for illegal activities. You won't declare a war agains the dolar. You will declare a war against criminal and you will clean up this mess and make it legit and aceptable. |
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