TheMystic (OP)
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April 21, 2015, 11:21:26 PM |
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Some people are saying that altcoins have entered a bull market. If so, does that mean that we will start seeing 10 or 15 new coins launched every week like we did last year at this time? Any thoughts?
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MicroGuy
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April 21, 2015, 11:24:34 PM |
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Some people are saying that altcoins have entered a bull market. If so, does that mean that we will start seeing 10 or 15 new coins launched every week like we did last year at this time? Any thoughts?
This isn't a bull market. I think we're going to see mostly flat prices with further consolidation (less coins) throughout the summer.
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Kimowa
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April 21, 2015, 11:25:05 PM |
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i think yes market dynamic move up and down all market has down time and up time
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TheMystic (OP)
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April 21, 2015, 11:38:50 PM |
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Some people are saying that altcoins have entered a bull market. If so, does that mean that we will start seeing 10 or 15 new coins launched every week like we did last year at this time? Any thoughts?
This isn't a bull market. I think we're going to see mostly flat prices with further consolidation (less coins) throughout the summer. That's what I was thinking too. It's just that I've heard that we are entering a bull market a lot lately, and I was starting to wonder if I was the crazy one. I'm glad to see that I'm not the only one that doesn't see a bull market.
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JackRipper
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April 21, 2015, 11:43:43 PM |
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I have to agree. There may be a bull market coming, but if so, it's not here yet. Although as Jim Cramer says "There's always a bull market somewhere." So maybe if we look hard enough, we will find one. It's just not in altcoins right now.
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bitbets
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April 22, 2015, 12:18:17 AM |
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The only real bull market happened at the end of the 2013, but since then has been a long stretch of downward movement.
There was a bull market for miners of altcoins after that(after late 2013), but that was mainly for miners and not for traders or investors
Traders or investors could not be in on the latter altcoin bullmarket of 2014 to present, because the miners had that all sowed up, and investors or traders were also further oppressed by the ways the exchanges and people are doing things.
The ways the miners are the ones who mostly pump the new altcoins, leaves the traders or investors out of the picture almost entirely.
It would be better for traders and investors who do not mine coins, to invest into penny stocks rather than the pumped miner new high priced coins.
Bull market? hardly, not from an investor or traders perspective,
but rather, the altcoin bull run of 2014 was/is only miners hyping their new coins, and trying to suck investors or traders to buy their high priced coins, with little or no chance of investors or traders earning much of anything, but more likely to lose money on those coins. Investors or traders might have better gains at a casino, rather than buy the new hyped miner coins.
The miners also tend not to buy the low priced coins that got dumped in the past, so those coins, so far, do not have that much opportunity for investors or traders either.
Not a bull market at all.
It is a miners market, and that is all, but that has slowed down recently I think.
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kelsey
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April 22, 2015, 12:42:25 AM |
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certainly not a bull market atm, even if there's a few green shoots occasionally its off so little volume it doesn't really count.
too many coins competing in the same market all doing the same thing, also to many investors being burnt holding bags of (almost dead) coins.
as with the above post; too many coins being pumped out just to give miners a coin too mine, then dump on the very few that think they can profit off if they get in early, but after a wave or to of dumping, goes no where, so then repeat.
you want to see active markets again?
as traders, thin the field and only trade older coins that still have active teams behind them.
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tokeweed
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April 22, 2015, 02:07:34 AM |
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Some people are saying that altcoins have entered a bull market. If so, does that mean that we will start seeing 10 or 15 new coins launched every week like we did last year at this time? Any thoughts?
If this is the bull market I wonder what the bear market is like.
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R |
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RaginglikeaBoss
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April 22, 2015, 02:22:45 AM |
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Some people are saying that altcoins have entered a bull market. If so, does that mean that we will start seeing 10 or 15 new coins launched every week like we did last year at this time? Any thoughts?
If this is the bull market I wonder what the bear market is like. Alt-coins will begin to launch 10-15 new bitcointalk members per second.
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kelsey
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April 22, 2015, 02:43:22 AM |
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Some people are saying that altcoins have entered a bull market. If so, does that mean that we will start seeing 10 or 15 new coins launched every week like we did last year at this time? Any thoughts?
If this is the bull market I wonder what the bear market is like. Alt-coins will begin to launch 10-15 new shill bitcointalk members accounts per second. fixed the typos
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choochimil
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April 22, 2015, 09:50:46 AM |
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Don't know, but the daily volume has surely picked up in April. Over 1500 BTC per day on Bittrex is 4-5 timesmore than the last few months. Especially so at weekends.
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CryptoJerk
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April 22, 2015, 11:00:50 AM |
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Don't know, but the daily volume has surely picked up in April. Over 1500 BTC per day on Bittrex is 4-5 timesmore than the last few months. Especially so at weekends.
Even a blind man can see that its a bull market 300 btc (600 if lucky) per day volume in january, febuary, march and then BOOM 1600 btc per day (every day) in april, thats more than a 433% increase in volume that has held strong for 22 days in a row Anyone who says this is not a bull market wants to keep all the idiots away so that they can gaffle the money for themselves beware guys
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TheMystic (OP)
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April 22, 2015, 12:57:47 PM |
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Don't know, but the daily volume has surely picked up in April. Over 1500 BTC per day on Bittrex is 4-5 timesmore than the last few months. Especially so at weekends.
Even a blind man can see that its a bull market 300 btc (600 if lucky) per day volume in january, febuary, march and then BOOM 1600 btc per day (every day) in april, thats more than a 433% increase in volume that has held strong for 22 days in a row Anyone who says this is not a bull market wants to keep all the idiots away so that they can gaffle the money for themselves beware guys But a bull market is not measured in volume. Bear markets can also have high volume. Is this what these people mean when they are calling it a bull market? High volume?
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JackRipper
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April 22, 2015, 01:05:02 PM |
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Don't know, but the daily volume has surely picked up in April. Over 1500 BTC per day on Bittrex is 4-5 timesmore than the last few months. Especially so at weekends.
Even a blind man can see that its a bull market 300 btc (600 if lucky) per day volume in january, febuary, march and then BOOM 1600 btc per day (every day) in april, thats more than a 433% increase in volume that has held strong for 22 days in a row Anyone who says this is not a bull market wants to keep all the idiots away so that they can gaffle the money for themselves beware guys According to Investopedia, bull market is "A financial market of a group of securities in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities." High volume alone doesn't make a bull market.
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CryptoJerk
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April 22, 2015, 02:00:16 PM |
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Stop using investopedia do you think Michael Steinhardt uses investopedia to make financial decisions, i think not We are in the middle of a bull market http://www.hussmanfunds.com/rsi/rallyvolume.htmVolume tends to expand in the main direction of the trend. In a bull market, advances accompanied by increasing volume or declines on diminishing volume are taken to be bullish........... Volume should always be studied as a trend (relative to what has preceded).- Richard Russell, The Dow Theory TodayThe prices of stocks rise, and major market indices such as the Nasdaq also go up. There is also an increased volume of trading, and we may also notice a larger number of companies (or coins like CRAVE, POSITRON etc) entering the stock market.- http://www.stock-options-made-easy.com/what-is-a-bull-market.htmlBear market is low volume trading where pumps have disgustingly low volume Bull market is high volume trading where pumps have disgustingly high volume Bull market has everything to do with volume because TRADES themselves are measured in volume Less volume means less trading which means prices move slower which means BEAR MARKET Higher volume means more trading which means prices move faster which means BULL MARKET So stop lying to the people you shameless manipulators "Volume is the weapon of the bull” is a Wall Street adage meaning that bull markets rise on strong volume. “Trading volume, often called ‘a weapon of the bull’” has been cited in print since at least 1987.
- http://www.barrypopik.com/index.php/new_york_city/entry/volume_is_the_weapon_of_the_bull_wall_street_adage
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shanem
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April 22, 2015, 02:23:45 PM |
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It is still not a bull market yet. Bitcoin is still at its low and most of the coins are dumped after a huge pump.
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CryptoJerk
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April 22, 2015, 02:27:56 PM |
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It is still not a bull market yet. Bitcoin is still at its low and most of the coins are dumped after a huge pump.
lol do you expect them to go up forever the object is to collect bitcoins when altcoins are depressed bitcoin prospers when bitcoin is depressed altcoins prosper Altcoins are only used to create bitcoins for free Right now bitcoins are being accumulated from the altcoin market in preparation for the bitcoin bull move Everything is connected there are guys that dont even trade by hand, they are using bots to make 100 btc everyweek That amount has doubled this month because the altcoin market has become bullish So now they are making money 4 times faster Because since last year october the volume was 200 btc to 300 btc daily, now its 1600 btc daily thats a 433% increase If you didn't know that then your either an incompetent trader or just not that attentive
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medusa13
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hello world
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April 22, 2015, 03:57:26 PM |
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it will take time until we see coins with 10k daily btc volume again, but i am sure it will happen some day i agree on the volume. we are far away from a bull market still, but some alts had a nice bounce the last months thats for sure
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XMR Monero
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hellscabane
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April 22, 2015, 04:04:00 PM |
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Yes, we're in a bull market, we've always been in a bull market.
You know, as in stinky, smelly, bullshit. Yay!
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