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Author Topic: What will it take for the market to bounce back?  (Read 222 times)
ICOBountyPrograms (OP)
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June 27, 2018, 07:25:46 PM
 #1

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)


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June 27, 2018, 07:47:40 PM
 #2

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)



In cryptocurrency trading,if the fall occur, surely the raise will occur soon.This is due on the holding of bitcoin with patience.If the time change,their will change in price with respect to time.If the corporate start to accept Bitcoin,the usage of bitcoin will increase.Finally increase in bitcoin demand, increase the price.

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June 27, 2018, 08:12:37 PM
 #3

My bet is when the bulls see a great chance to kick back. For now, they are taking some rest and seeing how things end up in the market, the bounce will come at its own time since they are the market makers anyway. However, in the case where we get to see real demand and real life usage, which could actually bring about number 2 and 3, obviously that would give a huge boost, but that does not look like something that is happening very soon; maybe later on.
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June 27, 2018, 08:23:36 PM
 #4

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)



In cryptocurrency trading,if the fall occur, surely the raise will occur soon.This is due on the holding of bitcoin with patience.If the time change,their will change in price with respect to time.If the corporate start to accept Bitcoin,the usage of bitcoin will increase.Finally increase in bitcoin demand, increase the price.

Massive adoption and rapid demand will always have to take in order for bitcoin to bounce back on its value, to become much more profitable. If many people will trust cryptocurrency as well as keeping bitcoin steady in their hands, the spending will be lessen so the price will gain its value. So this could help it increase eventually, and some sort of panic buying would actually makes bitcoin price becomes expensive if bull run would also happen.
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June 27, 2018, 08:25:59 PM
 #5

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)


On my own selection.

1. Demand
2. Adoption

These are the two things which would be needed for the market to bounceback and i do somehow expect that regulation would be always attached to it to build confidence into its possible adopters.

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June 27, 2018, 08:30:58 PM
 #6

This is due on the holding of bitcoin with patience.If the time change,their will change in price with respect to time..
Do you seriously have this naive a view of how markets work?  Prices don't go up because people aren't selling; they go up because there are more buy orders than sell orders--it's basically that simple.  It doesn't matter in the least if retailers start accepting bitcoin if customers aren't somehow acquiring bitcoin to spend.  How do they get bitcoin?  Well, since most jobs don't pay with crypto, people have to buy it. 

Now, the question of whether it's stupid to go out of your way to buy something only to immediately turn around and spend it is a separate question, but hopefully you see my point.  The answer to OP's question is that people need to start buying bitcoin.  That's it.  Assuming that people also don't start selling it, that should pretty much guarantee the price increases.  So hopefully there'll be some good news that will get people doing that.  Haven't seen much of that lately.

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June 27, 2018, 10:15:44 PM
 #7

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)

All of the above is the right choice based on your options, but it's not the only path in my opinion. You forgot to mention another obvious one, that is for institutional investors to enter the markets. That will probably only happen with proper regulation and with the arrival of ETFs. Another thing that could lead to a crypto boom, would be an economy crash. Of course this one is not guaranteed, but usually when fiat crashes, investors return to gold, and similar assets, so I guess crypto would be a good choice as well.

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June 27, 2018, 11:45:18 PM
 #8

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto

It will take some time to settle down panic on the current market and also price is not dumping more these days, it is going sideways so we can expect a bounce soon.

Amazon will never accept crypto and by the time they will start accepting crypto, crypto will be already being used by many more giant companies so that news won't matter at all.

Big retailers will start to accept crypto when price will start to pump but they might drop that option when price start to go down like right now.
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June 27, 2018, 11:51:30 PM
 #9

Aside from potential big bitcoin buyers, how will the ordinary person, especially the middle-income earners be enticed into buying bitcoin? If we get more ordinary people patronizing bitcoin, big buyers are likely to come in. For example,  if more Amazon users buy bitcoin and start inquiring about the use of bitcoin on Amazon they are likely to accept bitcoin in the future. But the key thing is how to get more middle-income earners(even less) to join bitcoin the bitcoin community.
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June 28, 2018, 12:46:51 AM
 #10

I think one more thing is regulation also important in crypto market, this regulation make many new investor will jump in to crypto . Stock market that has fully regulation  the market cap was going up more than $ 20 trillion. And if crypto market, exchanges ,ICO has regulation also possible the market cap going to atrillion dolar.

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June 28, 2018, 01:54:58 AM
 #11

I think one more thing is regulation also important in crypto market, this regulation make many new investor will jump in to crypto . Stock market that has fully regulation  the market cap was going up more than $ 20 trillion. And if crypto market, exchanges ,ICO has regulation also possible the market cap going to atrillion dolar.
The government are studying the crypto and they see a great increase of adoption so eventually they will regulate it.
Although we have different opinion if that will happen but I believe big investors are looking for a more secure investment and it will only happen with proper regulation, in time maybe we will see it and since bitcoin is based on supply and demand, we might see a new ATH once everything takes place.

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June 28, 2018, 04:33:21 AM
 #12

in order for altcoins to rise up we need time so that their dumps finish or we need newbies to give up bag holding and sell their coins otherwise they have to be forced to sell and that takes time and more dumping. then when the altcoins reached their bottoms the pumpers can start pumping them.

for bitcoin we need time so that the manipulators who currently are dumping stop it and be satisfied with what they have gotten and the money that was scared away to come back. of course the adoption by merchants,... is ongoing. it has not stopped, instead it is increasing, that is why the rise is somewhat guaranteed only "When?" of it is the question.

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June 28, 2018, 04:51:11 AM
 #13

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)
Everything is possible, but I think its more on TIME, because people can't recover easily from their losses so technically the market will pump again at the right time. Big news can affect this market, but we need more time to recover. Don't worry, this will happen this year, I'm very positive about this market. Smiley
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June 28, 2018, 05:10:57 AM
 #14

The market being dynamic in nature, is affected by various factors - which could either be positively or negatively. In most cases, it can be analyzed that the facts that affect the market negatively will also be the same factors that will affect it positively, when it is in reverse form.

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June 28, 2018, 05:34:24 AM
 #15

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)


I don't think that Amazon accepting cryptos would be a game-changer. There's been a lot of fuss about Amazon gift cards being available for btc years ago and yet that wasn't too exciting. Time is surely needed, but it is a necessary and definitely not sufficient condition. Big retailers could attract more people to the coin and thus make the price grow, but, as those people will be newbies, the slightest bad news will lead them to panic and the price to hell. We need a game-changer in the area of cryptocurrencies. We need such an implementation of this technology, which clearly shows that it is making something a lot better in comparison with what fiat did.

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June 28, 2018, 05:48:00 AM
 #16

I think we need more investors, we need more fresh funds to enter the market, for now the market are full of investors that bought coins at high price, so when the price go up there will be investors ready to sell, big companies also can be very helpful to increase the price
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June 28, 2018, 05:52:11 AM
 #17

None.
If we were to get super bullish news from the SEC like , for example, approving of Bitcoin ETF then for sure this market can go back to 500bn in a short amount of time.
Or maybe if there are bullish news from Asia like China unbanning crypto trading and icos, same with India
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June 28, 2018, 07:23:30 AM
 #18

I believe that convenient services and the ability to use cryptocurrency to ordinary people
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June 28, 2018, 07:31:51 AM
 #19

1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)



Lots of good events and ability of large whales to move the market, that's the time we can again some hype in the market.

So basically, time is the answer as we don't know when it will happened. Amazon is a big merchant but no need to wait for their bitcoin implementation before we can see some hype. Big retailers will also count to the hype contribution but not that much. The most effective is, if large whales will try to shake the market to create a panic buying.

Well we all just speculating here. Just wait for that "time" and take advantage of the current trend. There is no way we are stuck in bearish market for long time.

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ClackKendi
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June 28, 2018, 07:34:49 AM
 #20

In order for the market to recover, we should have many policies, such as the government, to take action on bitcoin and they should have more policies to facilitate the development of bitcoin and we should not sell they are in the black market
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