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Author Topic: $250 billion rebound  (Read 265 times)
preshpr1nce
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March 30, 2018, 03:04:18 AM
 #1

So I'm speculating on things here, but why not..
I'm viewing this current phase as a clean up of shit coins in the market, many of the useless alts are being killed, but if I look at some of the low value projects which offer a lot they are holding strong in sat value, I think the whole idea of this down shift is to basically weed out the garbage and open the whole market back up again where the good projects will regain momentum.

I'm not sure where this bottom is, but I think $200-250 billion isn't a bad spot if we predict a longer term 800 billion to 1 trillion market, call me optimistic Wink

We are now sitting at 256 billion as I write this thread, in the past I've noticed the market turn once it hits total highs then rebound once it hits total lows, does any one else have this view or a similar one about this being a clean up process? If this is the case, I think looking at total market value could give an indicator of when things may turn again.

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March 30, 2018, 04:32:12 AM
 #2

which altcoins have died? Have never seen one die before thats all  Smiley
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March 30, 2018, 04:35:26 AM
 #3

which altcoins have died? Have never seen one die before thats all  Smiley

Do I really need to explain what I mean by dying? come on..
"Losing lots of value"
Is that better?

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March 30, 2018, 05:21:00 AM
 #4

which altcoins have died? Have never seen one die before thats all  Smiley

Do I really need to explain what I mean by dying? come on..
"Losing lots of value"
Is that better?
That's better. lol. I mean there are really altcoins not really losing lots of value but may soon be dead, I guess because dev has abandoned his shit coin which technologically weak to say so.
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March 30, 2018, 05:38:03 AM
 #5

I think this is a price adjustment before the beginning of April recovery  Smiley
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March 30, 2018, 05:41:48 AM
 #6

which altcoins have died? Have never seen one die before thats all  Smiley

Do I really need to explain what I mean by dying? come on..
"Losing lots of value"
Is that better?
That's better. lol. I mean there are really altcoins not really losing lots of value but may soon be dead, I guess because dev has abandoned his shit coin which technologically weak to say so.

Cryptocurrency is based on technology and it will drive the price because if the dev is not at all responding and not updating anything then it will always lose the potential in the market. Already there are many coins like that before ICO they promise we are going to develop bla bla bla but at last no developments, this makes to lose its value.

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preshpr1nce
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March 30, 2018, 08:25:41 AM
 #7

So I was sitting here watching binance and as we got to 252 billion, some monster buy orders went in for BTC and now we're climbing back up again.
Whale games or just bagging a good deal I wonder...

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March 30, 2018, 08:47:51 AM
 #8

There are too many factors affecting the price, but I think the rebound this time around will be bigger and quicker. Bitcoin is almost mainstream now and is certainly much more well known. When the price starts to climb fomo will kick in and the buyers will be back

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March 30, 2018, 09:05:52 AM
 #9

Bigger and better you say. Don't know with all those BTC futures out there. Rebound window seems to be very limited now between contracts
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March 30, 2018, 09:20:07 AM
 #10

Well for me as long as we don't see any reversal on Bitcoin chart the market will continues to down because there are possibilities that Bitcoin price will hit around $6000 to $3000 and we all know if that happen altcoins will follow and a lot of people right now are panicking but I know once this bearish completed we will see how high the market could be reach.

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March 30, 2018, 01:47:59 PM
 #11

So I'm speculating on things here, but why not..
I'm viewing this current phase as a clean up of shit coins in the market, many of the useless alts are being killed, but if I look at some of the low value projects which offer a lot they are holding strong in sat value, I think the whole idea of this down shift is to basically weed out the garbage and open the whole market back up again where the good projects will regain momentum.

I'm not sure where this bottom is, but I think $200-250 billion isn't a bad spot if we predict a longer term 800 billion to 1 trillion market, call me optimistic Wink

We are now sitting at 256 billion as I write this thread, in the past I've noticed the market turn once it hits total highs then rebound once it hits total lows, does any one else have this view or a similar one about this being a clean up process? If this is the case, I think looking at total market value could give an indicator of when things may turn again.
Thats true actually, this can eliminate the shitcoins.
If you look at the past, this is a similiar movement, so we have to wait until May/July.
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March 30, 2018, 01:58:59 PM
 #12

I hope your scenario plays out, it's tiring seeing copies of other coins every day.
And even more tiring to see people buying into them.
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March 30, 2018, 02:25:30 PM
 #13

So I'm speculating on things here, but why not..
I'm viewing this current phase as a clean up of shit coins in the market, many of the useless alts are being killed, but if I look at some of the low value projects which offer a lot they are holding strong in sat value, I think the whole idea of this down shift is to basically weed out the garbage and open the whole market back up again where the good projects will regain momentum.

I'm not sure where this bottom is, but I think $200-250 billion isn't a bad spot if we predict a longer term 800 billion to 1 trillion market, call me optimistic Wink

We are now sitting at 256 billion as I write this thread, in the past I've noticed the market turn once it hits total highs then rebound once it hits total lows, does any one else have this view or a similar one about this being a clean up process? If this is the case, I think looking at total market value could give an indicator of when things may turn again.
I think this is the biggest correction since the beginning of 2018 and the Cryptocurrency market will rebound in May as most other financial markets are in crisis and this has a huge impact on the market. Cryptocurrency. The best advice would be to wait for the market to recover completely to consider buying and holding






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March 30, 2018, 02:37:35 PM
 #14

So I'm speculating on things here, but why not..
I'm viewing this current phase as a clean up of shit coins in the market, many of the useless alts are being killed, but if I look at some of the low value projects which offer a lot they are holding strong in sat value, I think the whole idea of this down shift is to basically weed out the garbage and open the whole market back up again where the good projects will regain momentum.

I'm not sure where this bottom is, but I think $200-250 billion isn't a bad spot if we predict a longer term 800 billion to 1 trillion market, call me optimistic Wink

We are now sitting at 256 billion as I write this thread, in the past I've noticed the market turn once it hits total highs then rebound once it hits total lows, does any one else have this view or a similar one about this being a clean up process? If this is the case, I think looking at total market value could give an indicator of when things may turn again.

But today bitcoin alone move up with 45 percent of market capture buddy. This is actually good for bitcoin alone but I am not sure we may find all the alts vanished out because of this price dump in the market bro.
Market capital may decrease because of the newbie whale investor's panic move on selling it. However, the bought cryptos will saved and settled in another so we will find the demand and supply for all the top notch cryptos so with in 2 months we will find the peak of bitcoin again.
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March 30, 2018, 04:00:23 PM
 #15

So I'm speculating on things here, but why not..
I'm viewing this current phase as a clean up of shit coins in the market, many of the useless alts are being killed, but if I look at some of the low value projects which offer a lot they are holding strong in sat value, I think the whole idea of this down shift is to basically weed out the garbage and open the whole market back up again where the good projects will regain momentum.

I'm not sure where this bottom is, but I think $200-250 billion isn't a bad spot if we predict a longer term 800 billion to 1 trillion market, call me optimistic Wink

We are now sitting at 256 billion as I write this thread, in the past I've noticed the market turn once it hits total highs then rebound once it hits total lows, does any one else have this view or a similar one about this being a clean up process? If this is the case, I think looking at total market value could give an indicator of when things may turn again.

I'm hoping BTC doesn't fall under $6k. If we can hold above that, I'm pretty confident in a strong rebound in the market.

It's a massive clean up. People have fallen for shit coins and they aren't anymore. I feel like the projects with value/usage are holding well in value. More money will flow into them instead of the shit coins. It's good overall, despite the massive losses in my portfolio.
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March 30, 2018, 04:19:01 PM
 #16

So I'm speculating on things here, but why not..
I'm viewing this current phase as a clean up of shit coins in the market, many of the useless alts are being killed, but if I look at some of the low value projects which offer a lot they are holding strong in sat value, I think the whole idea of this down shift is to basically weed out the garbage and open the whole market back up again where the good projects will regain momentum.

I'm not sure where this bottom is, but I think $200-250 billion isn't a bad spot if we predict a longer term 800 billion to 1 trillion market, call me optimistic Wink

We are now sitting at 256 billion as I write this thread, in the past I've noticed the market turn once it hits total highs then rebound once it hits total lows, does any one else have this view or a similar one about this being a clean up process? If this is the case, I think looking at total market value could give an indicator of when things may turn again.

not a bad way to look at it but I don't think it's happening to kill alts as they will rise again once market is little more stable. This has more to do with fud and all other rumors.

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preshpr1nce
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March 30, 2018, 04:30:01 PM
 #17

I'm not saying all alts either, to look at it from an individual impact, as this is really what drives markets, the shit coins and hyped coins bring on a lot of the gambling/no idea type investors, either investing due to hype or investing due to low price entries etc.

To take Eth as an example, it's a very good project but it's also one a lot of the clueless people invest in to, every time we have a market swing these type of people are the first to go, the people who actually research and invest have a lot more faith and are more likely to continue holding, better investors usually, it's why the drops on say Eth and Neo shouldn't be a big concern long term, they're both solid but also full of clueless people (and smart people of course), once they are weeded out the potential is huge again.

Whales are also having some impact around the price swings, maybe only a small % but they are wise enough to realise the impact each dip has, not only can they benefit from a small BTC gain but they are opening things up a little more over the whole market, it's why I look at the total cap when thinking about whale purchases.

It's interesting to watch the BTC price change in relation to the total market cap change, it's starting to shrink a bit now which is a good sign in my eyes.


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March 30, 2018, 04:56:13 PM
 #18

I hope your scenario plays out, it's tiring seeing copies of other coins every day.
And even more tiring to see people buying into them.

100% right . These whole joke coins are not good for the market. that has made many problems . why are there so many stupid people investing in shitcoins. ?? Cryptocurrencies: 1594 / Markets: 9886   Grin Grin  No one needs so many coins. there must be 50% once gone   Wink
NOW = $252.466.086.639

meikelcoin
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March 30, 2018, 05:07:50 PM
 #19

oh that was still good times



Crytocoin
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March 30, 2018, 05:47:46 PM
 #20

According to this month last month, I am deceiving myself that we are in a good state of lie.  Grin
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