very_452001 (OP)
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April 27, 2018, 09:32:37 AM |
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According to this youtuber Chris there was a Accumulation period in 2015-2016: https://www.youtube.com/watch?v=_I6_8nN3IX8Please note more people know about bitcoin today than compared to 2015-2016. So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today? Accumulation stages only happens when less people know about it?
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hase0278
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April 27, 2018, 12:00:28 PM |
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Accumulation stages only happens when less people know about it?
Accumulation stages happens when people(many people started to buy bitcoins massively). One can indicate if we are in the accumulation phase or not if one can see many buy orders on exchanges(and many people buying up coins despite it not being dumped recently. will there be another accumulation stage soon?
There will always be, so long as bitcoin is still not in the mainstream(the state of it being used as an alternative means of payment/as a currency more than a mere speculative tool). I believe we would see accumulation phase again by 2021-2022
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pey
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Free Crypto in Stake.com Telegram t.me/StakeCasino
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April 27, 2018, 12:25:07 PM |
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As I know accumulations is done before coin goes to moon so 2018, 2019 may be still accumulation phase? It is being accumulated from weak hands to few.
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bill gator
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April 27, 2018, 01:09:58 PM |
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The next "accumulation stage" as you have put it is going to come at a time that we are not expecting. Although it is fairly obvious that positive exposure is one thing that is going to cause people to gain enough interest to accumulate Bitcoin or invest any money into the technology. Legislation that allows or gives incentive to trade Bitcoin, such as increased integration or creating markets as we see with the Future trading; these are things that would drive more people towards Bitcoin from the general public.
If there is a great loss of faith in Fiat currency, then we will see more disenfranchised young people interested in Bitcoin. Young people like volatile investments and Bitcoin offers this as well. Bitcoin will receive tremendous accumulation over the next few years as young people become interested, informed and invested in Bitcoin. There are endless opportunities for Bitcoin to gain a very rapid accumulation, that would quickly double or triple the current demand for the coin with ease. A world war, in my opinion would cause Bitcoin (and gold) to skyrocket like we've never seen. Even a rigid shift in the oil economy around the world could rapidly drive people away from USD towards Bitcoin.
I could go on and on about theoretical situations that would trigger what you're talking about, it is simply a matter of time before one of them lines up with reality.
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HabBear
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April 27, 2018, 01:20:36 PM |
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Accumulation stages only happens when less people know about it?
By definition, accumulation stages only happen when more people know about it, err Bitcoin. So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today?
We're in the midst of another accumulation stage. This fact is evidenced by the recent growth of the price of Bitcoin from it's 2018 lows of ~$7000. It takes time for a "stage" to develop, I believe we've already started!
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timerland
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April 27, 2018, 11:59:55 PM |
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According to this youtuber Chris there was a Accumulation period in 2015-2016: https://www.youtube.com/watch?v=_I6_8nN3IX8Please note more people know about bitcoin today than compared to 2015-2016. So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today? Accumulation stages only happens when less people know about it? Actually when we hit under $7k a few weeks ago, it was clear that a temporary bottom was forming and we weren't far away from, if not already in the accumulation phase. But I think that later in Q2 (which is the quarter we are in right now), we'll see another wave of dumps. After the rally that's pushing prices up right now ends, there's going to be a pretty large dump for sure. That's when accumulating BTC is going to be at its best, in my opinion. In a bear market you always want to be buying the dips, and this year isn't going to be filled with much bullish activity like last year. Much more likely that prices are going to dip and go sideways, so do accumulate if you have the means to do it.
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very_452001 (OP)
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April 28, 2018, 12:03:18 AM |
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Accumulation stages only happens when less people know about it?
Accumulation stages happens when people(many people started to buy bitcoins massively). One can indicate if we are in the accumulation phase or not if one can see many buy orders on exchanges(and many people buying up coins despite it not being dumped recently. will there be another accumulation stage soon?
There will always be, so long as bitcoin is still not in the mainstream(the state of it being used as an alternative means of payment/as a currency more than a mere speculative tool). I believe we would see accumulation phase again by 2021-2022 Wait a min, I thought many people that buy bitcoins massively is called moon phase not accumulation phase correct? Surely many people buying loads of bitcoins will cause the price to moon right?
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magneto
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May 03, 2018, 10:28:16 AM |
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Accumulation stages only happens when less people know about it?
Not necessarily less people knowing about bitcoin, since the number of people knowing about bitcoin is only going to increase but not decrease. But the general level of bullishness is low in an accumulation stage. Basically, when prices are moving sideways and people aren't expecting a rally, and the price has just come off a big dump, that's when you know you can safely start accumulating at low prices. Personally I believe that the next accumulation stage would be later this year, and maybe next year as well. After bitcoin prices bounce around, consolidate and stabilize, it's probably going to be pretty low compared to the ATH, just like the 15-16 prices did to the 2013 bull market. You can't always time your buys perfectly all the time, though, so you might want to do some dollar cost averaging on your buys. e.g. when bitcoin falls under a certain target price, you start buying in chunks.
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Dimid
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May 05, 2018, 09:05:25 AM |
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The accumulation phase is happening right now and is in full swing if you have not noticed. In 2015-2016 bitcoin accumulated ordinary investors, now bitcoin is already accumulating large whales of Goldman Sachs level. So hold on to your bitcoins with all your might, in the coming years we are waiting for a real moon flight.
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magneto
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May 05, 2018, 09:39:26 AM |
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The accumulation phase is happening right now and is in full swing if you have not noticed. In 2015-2016 bitcoin accumulated ordinary investors, now bitcoin is already accumulating large whales of Goldman Sachs level. So hold on to your bitcoins with all your might, in the coming years we are waiting for a real moon flight.
I definitely don't think it's right now. It's either when bitcoin has already bottomed at the $6000 level where prices were able to stabilize for a few weeks before making its way up in dramatic fashion is the accumulation stage that we're looking for, or it's going to be after the correction of this rally that we're in right now trying to get above $10k that the accumulation stage hits. Either before or after, not currently. The prices have been pushed up by fomo buyers way too much for it to be a real accumulation stage.
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Falmera
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May 18, 2018, 01:10:26 PM |
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According to this youtuber Chris there was a Accumulation period in 2015-2016: https://www.youtube.com/watch?v=_I6_8nN3IX8Please note more people know about bitcoin today than compared to 2015-2016. So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today? Accumulation stages only happens when less people know about it? Maybe the next accumulation stage is nearly to happen. I see lots of people know crypto currency now as compared to the last few years. I am not an Economist, but I think the more people wanting for the crypto coins the higher will be its price in effect the higher the chances of accumulation of wealth.
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HabBear
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May 18, 2018, 02:26:29 PM |
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Accumulation stages only happens when less people know about it?
Accumulation stages, by definition, accumulation spikes happen when more people know about and are interested in the investment. So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today?
I believe we'll see growth spur again in Q4 of 2018. On Wall Street there is a saying "sell in May and go away" which speaks to the lull in investment activity over the summer months in the Northern Hemisphere. People are vacationing, etc., and not doing as much investment business. When September comes around (the close of Summer) people get back into the business of investing and the markets usually see some gains. I believe we'll see the same with Bitcoin.
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Kertmu
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May 18, 2018, 02:44:18 PM |
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A lot of people who had a desire to invest in Bitcoin with already more remotely related to this. All flew in the clouds and thought that Bitcoin would grow to 50K, it was only a dream. Now Bitcoin has no reason to appreciate, he will fluctuate around 8-10K.
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laluna24
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May 18, 2018, 03:13:34 PM |
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A lot of people who had a desire to invest in Bitcoin with already more remotely related to this. All flew in the clouds and thought that Bitcoin would grow to 50K, it was only a dream. Now Bitcoin has no reason to appreciate, he will fluctuate around 8-10K. It is fluctuating as always be, there is still a reason's to appreciate about bitcoi. Even price drops it still can be use by anyone online. I still believe price could going higher before this year ends.
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dothebeats
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May 18, 2018, 04:00:37 PM |
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As we've witnessed in 2014-2015, the price didn't make any shaky moves or high and daring rises. Instead, it looks like it flat-lined for over a year before it made some noise early on 2016. The traders didn't want to disturb the market while they are trying to buy cheap coins, that's why the volume isn't that high yet they managed to get some huge gains. I believe that every accumulation phase, the market becomes still and quiet. They only start making noise once they are already full and have a very good position in the market. Personally, I think it would take us another crash and a few months for these guys to accumulate and do some big hyping and release a bullish signal.
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bobo012
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May 18, 2018, 08:36:36 PM |
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A lot of people who had a desire to invest in Bitcoin with already more remotely related to this. All flew in the clouds and thought that Bitcoin would grow to 50K, it was only a dream. Now Bitcoin has no reason to appreciate, he will fluctuate around 8-10K. Bitcoin will grow to 50k, just not yet. I am guessing it will be around 2020. to 2022. At least it is my take, and i am very bullish in the long term
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imapd
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cave canem!
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May 18, 2018, 08:47:47 PM |
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I think that to the end of this 2018 year we will face huge growth in bitcoin price, because there will be many rich guys entering a market.
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Bugsbey
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May 18, 2018, 10:19:12 PM |
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According to this youtuber Chris there was a Accumulation period in 2015-2016: https://www.youtube.com/watch?v=_I6_8nN3IX8Please note more people know about bitcoin today than compared to 2015-2016. So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today? D Accumulation stages only happens when less people know about it? . I guess people are having their accumulation stage every year when crypto currency started to grow and become popular. They are the ones who invested a bigger amount of bitcoins and blessed to hit the mark.
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magneto
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May 18, 2018, 11:30:32 PM |
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Accumulation stages only happens when less people know about it?
Accumulation stages, by definition, accumulation spikes happen when more people know about and are interested in the investment. So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today?
I believe we'll see growth spur again in Q4 of 2018. On Wall Street there is a saying "sell in May and go away" which speaks to the lull in investment activity over the summer months in the Northern Hemisphere. People are vacationing, etc., and not doing as much investment business. When September comes around (the close of Summer) people get back into the business of investing and the markets usually see some gains. I believe we'll see the same with Bitcoin. I personally differ from your definition of what accumulation stage is. I think that what is meant by OP by "accumulation stage" is a period of time where bitcoin prices are underappreciated and undervalued, and as a result, should be a good time to accumulate at lower prices despite markets being sluggish. Whilst I agree that Q4 is going to be pretty interesting, as that would probably be the start of a major market recovery for bitcoin, that's not the best time to accumulate. Anything near the $6.6k bottom or below, probably is.
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_bitcoin_papa_
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July 01, 2018, 09:12:28 PM |
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The more people know about the crypto-currency, the more large-scale will be each stage of accumulation. At present, if I'm not mistaken, the accumulation stage is going on, after which I hope there will be a good price increase.
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