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Author Topic: Anyone else have any idea of what could break this bear market?  (Read 42 times)
Reyesd8545
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May 24, 2018, 07:59:17 PM
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The two dates that I’m hoping will be important in helping to break this bear market are April 15 and May 14.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
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May 24, 2018, 08:14:09 PM
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Apart from these dates I will also add that the market will come back to good one if we all get used to this current one. It seems everyone continues to lament over this huge market dip and so we complain and complain for long. So i believe that until we all get used to this market, it won't look good. It seems many of us are waiting for a good market so as to dump, so I therefore think this wont allow market to get to normal
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May 24, 2018, 10:24:11 PM
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Some investors have not come to understand that the bearish attitude of the market may be due to .manipulation of whales in order to accumulate more at the expense of the ignorant ones. If we make the effort to appreciate the blockchain technology and cryptocurrencies as they are and not focus all attention to making huge profits, then the bearish conditions won't stay for long. Everyone must learn to stay loyal to the project they're supporting and not make decisions in fear.

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May 24, 2018, 11:19:17 PM
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The two dates that I’m hoping will be important in helping to break this bear market are April 15 and May 14.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.

these dates have already long past. why do they matter now?

there was a major rally that began the week before tax day. i wouldn't assume it's related, though.

i'm also of the opinion that these conferences don't matter. i feel like people always expect price to rally while they're happening, but i've never noticed a correlation. it just seems like empty hype.

what the market needs is some healthy consolidation. a nice accumulation base to build a rocketship from. patience! Smiley

gentlemand
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May 25, 2018, 12:51:53 AM
 #5

Time and plenty of it. That's about it. You don't have a bubble of the size we just had without a lengthy hangover.

Bitcoin has a fairly steady upward trajectory which bubbles massively skew and overshoot. Things can look horrific after a bubble when it reality they're doing just fine once you look at the steady trend line instead.

If you got caught up in the bubble then your point of view will be rather more warped than someone who got in when things were steady.

My personal guess is that thing will remain relatively quiet until the next halving in 2020. There's also the ICO cancer which needs to be sliced out. There's a ton of stuff with valuations which still bear no relation to reality which need to be slapped down.

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May 25, 2018, 01:41:09 AM
 #6

Just like always, we only need a huge influx of buyers to enter another bull run.

To be fair, we were already on a bull run last year even before Consensus 2017 took place. and not because we had a price rise last year, it doesn't automatically mean we're going to have one every year. Not to mention that this year's consensus has pretty much been a nightmare.

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