The market looks boring 2019

[Indrawan77]

2018 is not a friendly year for crypto and from the market situation 2019 still not going to be friendly a lot of people think that 2019 will be worse than 2018, there will be a lot of sideway but don't expect there will be a huge rising, infact we need to be aware of the falling, everything now has become political or place to make profit, only few left that appreciate the crypto technology and feature

[deisik]

Learn about shorts and life will be full again.

Shorting is gambling. You'll never know when there will be a reversal.

Sure, but why does that matter? That's when you stop shorting.

You'll always lose some trades (like longs near the top and shorts near the bottom). But as long as you follow the mantra "the trend is your friend" and properly manage your risk, I wouldn't call it gambling.

Second this approach 100%

Holders will be using coins as a payment vehicle...can't get any more contradictory than that, and then in the same sentence you contradict yourself again by saying they AREN'T going to spend them. I have no idea what you were trying to say there but it doesn't make any sense

It looks like you don't read what I write

What I meant to say is that they will be using their coins in payment channels for others to use these coins as a payment vehicle (or value transfer vehicle if you please), i.e. not them spending these coins but letting others do that (technically, it won't be their coins exactly, but please don't start the nitpicking war). Sorry, it this caused you so much confusion and pain. And this is not about caution as it has more to do with rational behavior of economic actors, the point I explained in my post and which you dismissed so easily

To repeat, holders are the ones most interested in Bitcoin's success as a means of payment, and you kind of should expect them to actually contribute to this growth provided it can be done in a safe, secure and straightforward way (which I also made clear)

[creeps]

2018 is not a friendly year for crypto and from the market situation 2019 still not going to be friendly a lot of people think that 2019 will be worse than 2018, there will be a lot of sideway but don't expect there will be a huge rising, infact we need to be aware of the falling, everything now has become political or place to make profit, only few left that appreciate the crypto technology and feature

Yeah, and this kind of trend doesn’t make this market boring because its actually an exciting year because of the pumps and dumps in the market. Its only the first month of 2019, more trends are still unpredictable, just stay focus and don’t get limited just because the market is falling, always take this as an opportunity and stay safe.

[Prettymie]

The market is boring to the people who wants to get rich instantly without understanding with the market situation. They only after with their personal interest to gain huge profits by doing nothing. Let the market recover first before we can see a rolling bull controlling the market. It's the first month of this year and we came from a bearish year of 2018 and it's obvious that we are still in recovery. Hold-on and be patient.

[sudeshkumar]

Need to understand boredom only then we will be able to earn profit ,Market can not trade higher forever it needs correction for another bull run which is in progress this time bearish cycle will prolong no doubt about it.

[deisik]

To sum it up, merchants are not a limiting factor here

Indeed, if they flat-out refuse to accept Bitcoin, there won't be mass adoption of this cryptocurrency as a means of payment. But people only see what is right before their eyes, but they fail to see the real culprit in this matter. If people wanted to pay with Bitcoin en masse, I can't find even a single reason (apart from legal ones, of course) why merchants wouldn't want to accept Bitcoin, especially when all the infrastructure needed is already there. It simply doesn't make sense. And in such circumstances we have no other choice but to conclude there is no demand from consumers

To sum up better, merchants absolutely are a limiting factor because there is no reason for the vast majority of bitcoin owners to put their coins on the LN unless they are regularly spending bitcoin at merchants. As I said, LN will grow steadily from people just testing it out but you won't see a significant number of bitcoin owners (millions, tens of millions, hundreds of millions in the future) putting their money on the LN unless there is an actual reason to (i certainly wouldn't!). And the reason to use it is when they can actually buy something with it. LN probably doesn't even need to be that big to convince merchants to adopt it, what is important is that Bitcoin gets big. It's not a hard sell to tell someone who owns bitcoin and wants to spend it to get on the LN because Amazon or whoever now accepts bitcoin payments through LN. But what is a hard sell is telling merchants that they should put in the work and the hassle to adopt a new payment solution when there's only maybe 20 million people in the whole world who even have it

No, it doesn't sound like a plausible argument at all

Despite all this empty verbiage you produced, which, honestly, doesn't even look like a real argument in defense of your claim (that merchants adoption is indeed a limiting factor). And LN has nothing to do with that either. Bitcoin has been sticking around for ten years already without any LN, and we can't say it's been a huge success in this department (as a means of payment)

In other words, while LN is undoubtedly a big step in the right direction, it won't be able to radically change things and somehow make Bitcoin users want to spend their coins. Those who do can do that without any LN by using payment cards or otherwise. But we don't see a lot of action here, either

[lelylely]

You're right, at the beginning of this year the market still feels boring, but I don't think it will be boring all year long. I think there is hope in 2019 to recover, and to make a profit, I will still hold on.

[Rooster101]

Boredom is a part of the challenge and how to get rid of it, it will be up to you. Some traders don't feel bored after all because they know where to get the excitement in the cryptocurrency trading. For long term investment, you can't avoid it because you need to wait more time for the price to climb up again and invthis case, patience is needed. We don't know what is in store for us this 2019 but there is always a hope for another bullish market.

[deisik]

Boredom is a part of the challenge and how to get rid of it, it will be up to you. Some traders don't feel bored after all because they know where to get the excitement in the cryptocurrency trading. For long term investment, you can't avoid it because you need to wait more time for the price to climb up again and invthis case, patience is needed. We don't know what is in store for us this 2019 but there is always a hope for another bullish market.

Actually, it is a good time to reshuffle your portfolio

I understand why people feel bored, there is not much to do as no big price action has been seen for almost a week already (read, Bitcoin users are trading addicts). But there's at least two two reasons why you should not be bored at all. First, when the price stands still for some time (which is too long for the market), you can reliably expect the next movement to be huge as it happened in the past and is bound to happen in the future

Second, as I said, you can use these trading holidays to reshuffle your investment portfolio, i.e. sell coins that performed poorly during the crash and thus unlikely to show good performance on the rise, and buy coins which proved to be resilient to market hardships. And when you start doing that, expect the whole market start moving too. So you can, in a sense, lure market into action

[Caladonian]

Boredom is a part of the challenge and how to get rid of it, it will be up to you. Some traders don't feel bored after all because they know where to get the excitement in the cryptocurrency trading. For long term investment, you can't avoid it because you need to wait more time for the price to climb up again and invthis case, patience is needed. We don't know what is in store for us this 2019 but there is always a hope for another bullish market.

You can always find entertainment even with the bearish trend, as you will need to adopt and adjust with market and you have to chase things up in order to favor your trades, there's traders and investors who already changing pace as they new that they need to move forward, though the thoughts and hope that the bullish market will come and make a big difference we still need to adopt each market trend that will appear and enjoy every strategies that will be able to build while waiting for the big profits to come.

[EdenHazard]

You're right, at the beginning of this year the market still feels boring, but I don't think it will be boring all year long. I think there is hope in 2019 to recover, and to make a profit, I will still hold on.

Maybe you should see the movement of gold prices and even other investment places, the price movements where other investments are different from bitcoin I might call it very boring. But at least the price of bitcoin is still used as a place of investment, have you ever thought when an investment place that came out far from the usual price? maybe some of them will leave the investment and replace it with a new, safer one. However, I really like the loyalty of bitcoin investors, they still survive despite the many trials that hit. I have no expectations for a bull run, it will only make me give up.

[ophyrim]

Just need for some weeks to end the accumulation zone (maybe after a capitulation). İf we have not bottomed yet, the bottom is near. The market will not decrease forever. We have already seen 83% drop from all-time high.

[Distinctin]

Just need for some weeks to end the accumulation zone (maybe after a capitulation). İf we have not bottomed yet, the bottom is near. The market will not decrease forever. We have already seen 83% drop from all-time high.

We are really hard for the recovery and we don't know how long we should be like these. But we should not to be disappointed at all, the market isn't down deeply and still we could generate profits by then, only we should work hard.
We don't just to stay in trading or gambling, but to try others ways and see what is highly beneficial for us.

[aris av]

Well, if you fail with your plan in 2018, I don't think you need to be frustrated and step outside. Stay afloat because the possibility of 2019 will be an opportunity for you to succeed with crypto.

[buwaytress]

2018 is not a friendly year for crypto and from the market situation 2019 still not going to be friendly a lot of people think that 2019 will be worse than 2018, there will be a lot of sideway but don't expect there will be a huge rising, infact we need to be aware of the falling, everything now has become political or place to make profit, only few left that appreciate the crypto technology and feature

Unfriendly? What could be friendlier than an entire regional market bloc (EU) actually sitting down and making regulations for crypto-friendly embraces like in the 5th EU AML directive?

What could be friendlier than countries allowing 5 Bitcoin ATMs to be installed daily? What's friendlier than US SEC and CFTC actually considering Bitcoin ETFs and futures, and STOs coming into play?

Boring price movements don't necessarily mean an unfriendly enviro!

[glowing10]

2018 is not a friendly year for crypto and from the market situation 2019 still not going to be friendly a lot of people think that 2019 will be worse than 2018, there will be a lot of sideway but don't expect there will be a huge rising, infact we need to be aware of the falling, everything now has become political or place to make profit, only few left that appreciate the crypto technology and feature

2019 should be way better than 2018. Though it is crypto and expected that market will not be same every year and also volatility what is is known for so same happened in 2018. It is risky and some one who does not have patience will end up in a loss itself in crypto. But if you continue to hold and buy when prices are low than coming years including 2019 will be better.

[deisik]

Just need for some weeks to end the accumulation zone (maybe after a capitulation). İf we have not bottomed yet, the bottom is near. The market will not decrease forever. We have already seen 83% drop from all-time high.

As far as I myself want the said to be true, we may not have seen the true bottom yet

We should remember that today's prices are not very stable overall as it is still speculation in and out. What I mean to say is that high prices have been around only for a little over a year, so if the speculative part of them has not been washed out yet, there is a good chance we are going to see a lot of new lows. The prices had been moving in the 6k-7k range for a few months, and as it turned out, it was far from being the bottom as we all now know

[Slow death]

The market is looking so boring this year

You're right, days ago, I thought: One day Bitcoin came to $ 20,000 and shook the world, it was the birth of an anonymous coin that could rival gold. today bitcoin is skating in the abyss and there is no hope of one day to return the glory of the $ 20,000 and return to the spotlight

Bakkt launch is a joke.

in my opinion they seem to have hardworking, but regulators are being a major obstacle

Bitcoin ETF is becoming political.

I agree. I have already given up hope that someday it will be approved

On the market prediction side:
Tom Lee is a joke
Arthur Hayes is a joke
Mike Novogratz is a joke

these are the joke of the year 2018

John McAfee is a psycho

we will see when he loses his bet what he will do

Jamie Dimon is laughing

True

[exstasie]

Unfriendly? What could be friendlier than an entire regional market bloc (EU) actually sitting down and making regulations for crypto-friendly embraces like in the 5th EU AML directive?

What could be friendlier than countries allowing 5 Bitcoin ATMs to be installed daily? What's friendlier than US SEC and CFTC actually considering Bitcoin ETFs and futures, and STOs coming into play?

I guess the SEC and CFTC are legally required to consider these applications. I get the feeling the SEC isn't giving ETF applications any serious consideration. Also, I remember after Cboe and CME self-certified Bitcoin futures markets without formal approval, the CFTC started considering new rules to prevent self-certification of crypto markets in the future.

This stuff is falling in the regulator's lap; not much they can do about it. I agree though, regulators could act more draconian if they wanted to. It hasn't been all bad.

[yesyes18]

Truth is that we're all waiting for something to happen before we take firm stands. The market has been so skeptical since the bear season started and the lsst time we all thought we were at the bottom and that a redemption was on the way, we dropped very hard. That's what is keeping many people off the market. So in my opinion, I'd say let's wait for some more time.