posi
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July 11, 2018, 09:16:29 PM |
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I've seen many threads asking whether there won't be any bull run in 2018, when the right time to buy, predictions for two years... I really think that we're heading to a trend reversal in the next weeks and months. I agree that the market was totally overbought on January, but I think too that it's oversold right now. So many dumpers have been selling low their coins to whales and they're so concentrated right now, that in any moment they will trigger the market with a big green dildo or some really bullish news and everyone will go on a frenzy like last year's FOMO. Just take a look at the distribution of the coins: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.htmlFor example, for Bitcoin, the 90% of all the addresses hold nowadays just the 3% of all the coins. Another fact is that almost 90% of the Bitcoins are in addresses of 10 or more BTCs, and these real sharks/whales with 100+ BTCs are accumulating more and more. Is everybody selling out on fear of cryptos going to zero and not realising that now is the moment to buy and not to sell? What do you think? Do you agree with the predictions? The last year market was over bought did to the price manipulation and this is the reason why the prediction OP read was slimy true cause the crypto currency market will still gain some pump in price this year and next year.
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Davil (OP)
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July 12, 2018, 02:08:50 AM |
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Hey! I didn't expect so many replies in such a short time. I'm glad some of you liked the richlists: transparency in the blockchain had to have something good, don't you agree? it's a pity most of us still don't have the knowledge nor the tools to take advantage from it. So on the topic I can see a few skeptics but in general members who replied are indecisive or bullish for the second half of the year. Good to know I'm not alone!
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jamids
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July 12, 2018, 02:51:38 AM |
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Hey! I didn't expect so many replies in such a short time. I'm glad some of you liked the richlists: transparency in the blockchain had to have something good, don't you agree? it's a pity most of us still don't have the knowledge nor the tools to take advantage from it. So on the topic I can see a few skeptics but in general members who replied are indecisive or bullish for the second half of the year. Good to know I'm not alone! One of the catalysts that would trigger the bull run for 2018 would be the bitcoin ETF. Decision of the SEC would be in a month time so we have yet to see if they would allow more institutions to enter the market. There would be a big inflow of funds that would make the prices of bitcoin go up and along with it are the altcoins. Nevertheless, even if the ETF is not launch yet, I am still bullish for the second half of the year as more people adopt cryptocurrencies.
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Davil (OP)
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July 12, 2018, 12:37:53 PM |
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Hey! let's hope for it. Big sums of money flowing into the coin market cap could trigger a real boom to a new ATH We'll have to wait a bit for it, today the price has plummeted with another leg down.
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@prashant
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July 12, 2018, 12:51:10 PM |
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We have to see what sec give approval or not to etf ,if they get approval we may see all time high in next 15-20 days after approval but if not then we can atleast see BTC at 12-15k range after end of 2018.but there is nothing to worry as blockchain approval is spreading it will only increase value of crypto.
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suindendoshi
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July 12, 2018, 01:40:29 PM |
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This bull run has taken a lot longer than I originally thought it would. Oh well, it pays off to be patient. Most experts are still predicting a 50k+ bitcoin by the end of this year so don't be too sad.
It is a very high target that bitcoin hit 50k+ by the end of this year, but we do not need to forget that the rise to the recent all time high of 20k was in three weeks. There can happen a lot of things so I hope that we see a new ATH. I also believe that the price for bitcoin in 50K is too sky-high and unreal for 2018. From the experience of last year, we know how much bitcoin can grow and fall quickly. We all remember this bitter experience in which people lost a lot of money. This wave will no longer be different and it will be completely different.
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kindbtc
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July 12, 2018, 02:56:53 PM |
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I agree with you but second half of 2018 has already started and we are yet to see serious bulls in the market and most of holders are tired already with bears and many have sold and exit the markets, im still holding but to be honest these bears have really tested our patience and nerves.
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fulmetal08larz
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July 12, 2018, 07:20:45 PM |
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It is possible that the whales are just waiting for the bottom price for most coins, especially BTC which I think could even go down below the major support level if there will be another FUD. There have been reports that whales are buying over the counter on a wholesale price. Once they have entered the trade, we must be able to swim and think like the whales or we may end up getting whipsawed.
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Davil (OP)
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July 13, 2018, 10:51:17 AM |
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Many people is talking these days about the ETF's and the positive impact they could have in Bitcoin's price.
Just the people thinking this way could be enough to trigger the spike some or you are predicting, apart from the inflows of money from big investors. Waiting for the SEC to decide whether they approved them finally.
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Greed Dev
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July 13, 2018, 11:45:41 AM |
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This bull run has taken a lot longer than I originally thought it would. Oh well, it pays off to be patient. Most experts are still predicting a 50k+ bitcoin by the end of this year so don't be too sad.
I think you are trusting in things that never come true. In early 2018, there were some analysts that Bitcoin prices could rise to $ 50,000 by the end of 2018, and now people do not see the appearance of these professionals. They ran away when they knew they had made a mistake
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Abeleez
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July 13, 2018, 12:14:55 PM |
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I've seen many threads asking whether there won't be any bull run in 2018, when the right time to buy, predictions for two years... I really think that we're heading to a trend reversal in the next weeks and months. I agree that the market was totally overbought on January, but I think too that it's oversold right now. So many dumpers have been selling low their coins to whales and they're so concentrated right now, that in any moment they will trigger the market with a big green dildo or some really bullish news and everyone will go on a frenzy like last year's FOMO. Just take a look at the distribution of the coins: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.htmlFor example, for Bitcoin, the 90% of all the addresses hold nowadays just the 3% of all the coins. Another fact is that almost 90% of the Bitcoins are in addresses of 10 or more BTCs, and these real sharks/whales with 100+ BTCs are accumulating more and more. Is everybody selling out on fear of cryptos going to zero and not realising that now is the moment to buy and not to sell? What do you think? Do you agree with the predictions? I don't see the possibility of cryptos going so low as to zero. It's a normal thing to be apprehensive when things are going as expected but that should not becloud our vision. The crypto market is on the verge of making a huge comeback.
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jackky
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July 13, 2018, 12:17:45 PM |
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My view on the price of the crypto market at the end of this year is that Bitcoin's price will rise to $ 10,000 in September and October. The price of ETH will rise to $ 700 when Bitcoin prices rise to $ 10,000.
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idontcare
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July 13, 2018, 12:23:40 PM |
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I can not predict the market price at the end of the year. The current price chart of Bitcoin is difficult to analyse. I am still seeing the downtrend of Bitcoin in July, but I hope that prices will increase sharply in October
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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July 14, 2018, 07:58:53 AM |
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This bull run has taken a lot longer than I originally thought it would. Oh well, it pays off to be patient. Most experts are still predicting a 50k+ bitcoin by the end of this year so don't be too sad.
Well, sorry bro as we cannot always eat our cakes and have it. The thing is that the market got into a huge FOMO level last year and obviously the correction was imminent and there is nothing anyone could have done about it. $50k this year though is something you really want to remove totally from your mind and if we even try and manage to get to as much as $15k or closer to $20k in this year, I would call it a very great achievement. I am still seeing the downtrend of Bitcoin in July, but I hope that prices will increase sharply in October
Why in October ? Anything big to happen in that month ? When you come up with such speculation, it would be good if you come up proof to support your statement.
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btcash
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July 14, 2018, 08:08:51 AM |
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They have very high estimates in recent times. I am hopeful from the second quarter, but BTC $ 10k ETH $ 600-650.
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chenhaonan
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July 14, 2018, 11:49:37 AM |
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My prediction is that the cryptocurrency will rise at the end of July, and the fall in September will rise again in October to open the bull market time. Of course, this is only my prediction, and I am not sure about the accuracy.
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Sermihal
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July 14, 2018, 12:49:34 PM |
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I think so too. I think in six months or a year the price will be much higher than now. Now the price of altcoins is very small.
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Abu Shadow
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July 14, 2018, 01:08:11 PM |
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Hey! let's hope for it. Big sums of money flowing into the coin market cap could trigger a real boom to a new ATH We'll have to wait a bit for it, today the price has plummeted with another leg down. Yeah let's hope for a better market that will be flooded with much money and reach another milestone in crypto currency.
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pageraji
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July 14, 2018, 01:40:02 PM |
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some whales is waiting announcement from SEC, i hope its goodnews for all crypto market, if it really happen it can be start of bullrun for 2018 until end of year..
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nsasuiteb
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BAILOUT
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July 14, 2018, 01:57:48 PM |
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You may not agree with them, they are predictions and most are wrong. There will be no bull run in 2018 and that's my own prediction
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