Proassetz Exchange (OP)
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December 14, 2018, 02:29:32 PM |
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According to my perception, the bull run will be there at the end of this year.Anything can't go up up up it needs to come down (that's called correction) similarly anything can't go down down down it needs to come up (reversal)!!
In 2017, we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market.
I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing.
It’s just a tough phase that cryptocurrency market is going through right now. But in the near future one can expect bitcoin’s price to rise.
Bitcoin has always repeated history. It had always come back. so hope for the best.
Whats your views?
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allthingsluxury
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December 14, 2018, 02:32:54 PM |
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I don't believe in the short term, however, Bitcoin is undoubtedly going to rise again. Its will return to the spotlight, eventually.
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Screamshot
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FUTURE OF SECURITY TOKENS
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December 14, 2018, 02:57:41 PM |
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Bitcoin is not just going down it crashed down yes if I understood you correctly rise and fall are mostly likely to be expected in an investment so it does not strike me as something new
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d5000
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December 14, 2018, 03:06:05 PM |
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In 2017, we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market.
No, I disagree here. While there were delays at some exchanges, that's not the reason why the bull run didn't continue. The bull run in December had already reached the point where it got ridiculous and extremely bubblish. The famous "New Paradigm" phase It's only natural that many people took their profits at that point. Bitcoin was "worth" almost the same than Apple or Google. Everybody uses Google, the Apple userbase is also much, much bigger than Bitcoin's. It was ... overvalued. I however agree that the fundamentals now are more solid than ever. With a a more mature LN, smaller payments will be possible with Bitcoin again, so the use cases will expand, and so we can expect a rise in price - but I don't expect a real bull run too soon.
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Rambukwelle
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December 14, 2018, 03:44:36 PM |
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We had one of the biggest bubbles of 21st Century with Bitcoin last year. BTC will definitely take time for the next explode.It should be a slow and healthy growth with the development of technology in it and mass adoption in the years to come.
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Pagoda.to
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December 14, 2018, 03:45:55 PM |
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I belive it's going to be a slow uptrend from now, really hard for it to explode again like it did before, it was probably what the whole ecosystem needed before things settled down.
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dothebeats
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December 14, 2018, 06:08:50 PM |
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A reversal at the end of this year is highly unlikely as most traders are away for the holidays to sustain the tempo of the market. Also, I doubt that it would happen given that the overall market sentiment is still in the reds. A reversal isn't something that happens instantly and it takes a lot of preparation from the bulls in order to not get crushed by heavy resistance along the way. As for the run in 2017, bitcoin was overbought and there's no way that people can still buy $19k a piece for 1 bitcoin. That's plainly delusional and as such, people began selling until such time that everything fell on chaos, and we're sitting where we're at right now.
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yrrehc16
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December 14, 2018, 06:10:23 PM |
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No one know about the explosion when to be happen. What is important now is to get more coins in the market as it is very low value. Anytime the bull can run or the bear can do more harm. we dont know.
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javainn
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December 14, 2018, 06:15:33 PM |
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According to my perception, the bull run will be there at the end of this year.Anything can't go up up up it needs to come down (that's called correction) similarly anything can't go down down down it needs to come up (reversal)!!
In 2017, we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market.
I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing.
It’s just a tough phase that cryptocurrency market is going through right now. But in the near future one can expect bitcoin’s price to rise.
Bitcoin has always repeated history. It had always come back. so hope for the best.
Whats your views?
bitcoin in 2019 will experience a bull run and this can be one of the moments that will definitely happen to see the potential of bitcoin in the future to be good. be optimistic and don't worry about the position of bitcoin.
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100bitcoin
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December 14, 2018, 06:19:34 PM |
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Depends on how do you define 'NEAR TIME'. But, in any case, Bitcoin is NOT a get rich quick scheme.
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xuv500
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December 14, 2018, 06:20:38 PM |
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Come on mate the price is dropping and you are expecting a bullrun? I guess it is not possible in this tough situation as the market has already dumped by the big whales. But still hopes are alive as the market will change in upcoming days.
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dupee419
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December 14, 2018, 06:28:17 PM |
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I don't believe in the short term, however, Bitcoin is undoubtedly going to rise again. Its will return to the spotlight, eventually.
And when it does come back, a lot of people would probably regret, most specifically to those people who panic sold their BTC holdings, Bitcoin will soon make a huge pump, we just need some patience in our hands and everything would go accordingly, once Bitcoin is back on track, a lot of people would start to regret on not buying some Bitcoins right now.
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thankyoulord
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December 14, 2018, 07:01:17 PM |
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bitcoin will surely explode in the near future, it is normal for good things to have challenges every once a while and that is what bitcoin is facing for now, but the good news is soon enough bitcoin will rise and explode beyond our expectations. lets hope for the best
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tomahawk9
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December 14, 2018, 08:02:45 PM |
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According to my perception, the bull run will be there at the end of this year. It's very unlikely that we see a bull run this year, bearish sentiment keeps getting stronger every day, and there's nothing in the crypto space that could trigger a new btc rally in the next couple of weeks. We'll be very lucky if we see even a sign of recovery for what's left of the year, and that's not being pessimistic, it's simply the reality of the current market. I expect a long period of accumulation until something, the launch of bakkt or something else, can attract some much needed buying pressure.
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LFC_Bitcoin
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December 14, 2018, 08:09:01 PM |
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According to my perception, the bull run will be there at the end of this year. It's very unlikely that we see a bull run this year, bearish sentiment keeps getting stronger every day, and there's nothing in the crypto space that could trigger a new btc rally in the next couple of weeks. We'll be very lucky if we see even a sign of recovery for what's left of the year, and that's not being pessimistic, it's simply the reality of the current market. I expect a long period of accumulation until something, the launch of bakkt or something else, can attract some much needed buying pressure. We’ll have another epic bull run in the next 3-4 years, it’s almost certain to happen. I can’t tell you when & I can’t tell you what will trigger it but it will happen. My advice is to simply add to your hoard, whatever you can as often as you can. Anybody selling at these kind of prices is stupid.
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felicita
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December 14, 2018, 08:15:08 PM |
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bitcoin still rises huge from 2016 when it was around 500$ and currently we are aorund 3000$ And i guess its still huge at 3000$ and i dont think we will se the same explode as last year but online time will tell us this.
regards
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RussaX
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December 14, 2018, 08:27:46 PM |
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Bitcoin will stay in bear market for some time. I see that there are still a lot of talks about where is bottom and when will it explode... Well it won't explode, it will stay low profile for quite some time until everything settles down.When average Joe starts to think that maybe bitcoin will never see that high prices again then you can start to expect slow growth which will go step by step.
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funchiestz
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December 14, 2018, 09:17:29 PM |
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I don't believe in the short term, however, Bitcoin is undoubtedly going to rise again. Its will return to the spotlight, eventually.
We have all have a big hope. But someone says it will never reach to its last ATH again. I want to believe what it will rise again. It will rise or not I am not sure but I know it won't rise in near future. It may takes more than 1 year.
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tenakha
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December 14, 2018, 09:26:43 PM |
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According to my perception, the bull run will be there at the end of this year.Anything can't go up up up it needs to come down (that's called correction) similarly anything can't go down down down it needs to come up (reversal)!!
In 2017, we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market.
I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing.
It’s just a tough phase that cryptocurrency market is going through right now. But in the near future one can expect bitcoin’s price to rise.
Bitcoin has always repeated history. It had always come back. so hope for the best.
Whats your views?
Waiting for the first months of 2019 may be a better choice. Because it is not easy to make a price analysis according to the current situation. In my opinion many of the non-believers have already sold and untill first months of 2019 the price will move around 3k. And IMO in the first months the volatility will increase according to the decisions coming from the BAKKT and the SEC.
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