The implications of the market condition

[Kez1817]

Maybe the crypto market is not so attractive to many investors for the past year 2018 compared to 2017. Also ,we know that bitcoins value always depends on  demand and supply. The demand now in crypto market are subdevided because of altcoins and i think that is also a reason why bitcoins value drop down.

[Chikitita2004]

I don't see crypto adoptions decreased. people are positive and hopeful that the bearish season will soon pass and besides, cryptocurrency if not the mainstream but popular and though there are more and more people being victims of scams in cryptocurrency, it did not disheartened them to continue. I cannot think of anything more interesting and more profitable than crypto in spite of its negative characteristics.

[andika2018]

Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

I dont know about the impact on crypto adoption but i think the project should keep run not matter the price drop in market. If the developers team believe on the project and the future, i think developers team should ignore the price in market because their focus should be on the project work

[horrifiedx1]

Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

I dont know about the impact on crypto adoption but i think the project should keep run not matter the price drop in market. If the developers team believe on the project and the future, i think developers team should ignore the price in market because their focus should be on the project work

but with prices dropping usd, it makes it difficult for them to move into the project. so that many of them scam and some use it by escaping funds from investors. moreover the development of crypto depends on bitcoin, so as long as bitcoin has not risen, then other coins will be the same

[BennyK]

Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

The answer to this is quite obvious from the entire market cap. An increase in adoption could reflect on the market cap but the opposite was witnessed. The long bear market which happened in 2018 caused a reduced adoption of cryptocurrency as it gave many people doubtful thoughts about the market. 2019 has good things installed for the entire crypto space.

[herdiansyahdanang]

the situation and condition of cryptocurrency is decreasing, now there are not too many cryptocurrency enthusiasts because the popularity of bitcoin is getting weaker due to the influence of the fall in the price of bitcoin and making the price of cryptocurrency weakening and many will hate bitcoin.

Yes, actually in my area, there have been many bitcoin fans since the beginning of 2017, the time has reached its peak, many people have flocked to invest there, but after 2018 bitcoin starts to fall or someone leaves and only a few are left, but I will remain optimistic.

[deisik]

Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

The answer to this is quite obvious from the entire market cap. An increase in adoption could reflect on the market cap but the opposite was witnessed. The long bear market which happened in 2018 caused a reduced adoption of cryptocurrency as it gave many people doubtful thoughts about the market. 2019 has good things installed for the entire crypto space

There is no reason to think so or assume anything to that tune

If we cut the crap, the market cap of a cryptocurrency (say, Bitcoin) is just its price conveyed in a different form. So what you say is basically equal to saying that an increase in adoption should show up as a price growth. That would be correct if the price was all made of real value. But if 90% of its value comes or came from speculation (and this might be a gross underestimation, especially if we look at things from an ATH perspective), then the price decrease can be extremely misleading

In other words, with lower prices we could in fact see wider adoption, which might well be the case now. Moreover, it is reasonable to expect that lower prices could strongly contribute to mass adoption, however counterintuitively it may sound, as there is less speculative overhead in the value of an asset, and thus more room for real growth. Simply put, speculation prevents adoption, but less speculation necessarily means lower prices

[wuvdoll]

Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

We can clearly see the marketcap going down but the adoption going up by the funding as well. There are many regular investment companies who are spending money on funding crypto companies. Just recently BAKKT actually received millions of dollars in funding for the upcoming bitcoin ETF thing they are working on.

Poloniex was purchased by Circle which is also purchased by someone like JP Morgan if I am not wrong or a company like that, crypto kitties got 15 million in funding. Basically adoption is increasing not only in an individual manner but also in a huge global company funding level as well. It means the marketcap has nothing to do with adoption at all, not even remotely. Hell making it low is better since the only way is up and that way companies can get in when its cheap and make more profits.

[deisik]

Basically adoption is increasing not only in an individual manner but also in a huge global company funding level as well. It means the marketcap has nothing to do with adoption at all, not even remotely. Hell making it low is better since the only way is up and that way companies can get in when its cheap and make more profits

I see it a little bit different

Market cap is essentially the same thing as price (price multiplied by total supply, to be exact). So what you claim can be rephrased like adoption not affecting the price. This is not even remotely true. Well, technically, it is possible for changes in adoption rates not to be followed with respective changes in price but only under one condition, i.e. when the impact that these changes produce on price is equal to and completely offset by changes in speculative value. But this balance is impossible to keep for any longer periods of time, so it basically means one thing, that is, the real level of adoption is in fact quite negligible

[Lexurdania]

Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

Everything goes on as usual! The market of crypto-currencies is not so attractive at the moment for investors, but we must take into account the fact that most of the projects continue to develop, so we can say that the industry of crypto-currencies is also developing and is gaining more and more recognition.

I agree, despite cryptocurrency market have hard time and bearish condition, many new project launch and could be attract more investor. Many project still working with their project and perhaps will useful in the future, at that moment, cryptocurrency will be a good investment

[Thanasis]

The market keeps declining until now but it doesn't stop the adoption rate,lot of governments taking actions to regulate the crypto currencies which means more people are coming into the market.But the long bearish trend made some of the investors to leave as well.So it may equalizes both the adoption and declining result as same how it was in 2017 before the bull run begins.

[Xising]

Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

I think the biggest effect and implication the current market status has in the market is the fact that many people are beginning to lose hope about the market getting better, and thus, many of the once eager investors are beginning to move out of the market one by one, and that, in effect, is really affecting the market negatively. Maybe, that's one reason why the market is taking longer and longer times to recuperate after drops and that affects the how the coins are doing as well.

[South Park]

I don't see crypto adoptions decreased. people are positive and hopeful that the bearish season will soon pass and besides, cryptocurrency if not the mainstream but popular and though there are more and more people being victims of scams in cryptocurrency, it did not disheartened them to continue. I cannot think of anything more interesting and more profitable than crypto in spite of its negative characteristics.

Even if people believe that the market will soon recover that does not mean that is what will see, I prefer to be more moderate with my predictions that is why I believe that a recovery will not happen until 2020 but people should not be discouraged if that is in fact what happens, because that is going to give to us plenty of opportunities to buy more coins for a price so low that many people that are currently afraid to buy will wonder why they did not do it when they had the chance.

[Ezenwanyi]

On the positive side,I do think that the bearish market of 2018 saw the going into extinction of so many projects that are not worth to be in the market.
Again, if you look at it critically, you would agree with me that bearish market trend could deter potential investors from investing and that decreases adoption rate.

[Idrisu]

Expect capitulation for BTC down to $2000-1800 in February.

Thats where I think the bottom is

Bottom be as low as that point is not the problem but is bitcoin going to recover from that point should be our concerns.  If bitcoin fall to $1800 is it going to recover this year or not and if it is going to recover will it goes as higher as $20,000 again?

[serjent05]

The implication I see in general is along with bitcoin's low status until now all the rest of cryptocurrencies are also down and if mass adoption has increased or decreased, though some were dismayed by the situation there are still those who want to take risks amidst this bearish season. Most of them believe that this will just be for a moment but nobody really knows. As we all can see a lot of new digital coins have been rising and being listed in exchanges.

[akihikohideaki]

If asked about the price of a very very volatile bitcoin, its movements are very sharp, up and down, if we observe where the price of bitcoin gets an upward trend, it has been seen since the price of bitcoin in early 2017 was the peak.

Whereas in 2018 the price of Bitcoin tends to fall due to the start of regulatory pressures from various countries so as to limit the use of bitcoin currencies in addition to the existence of market competition and also those who are not responsible for fraud and hacking. . So of course reducing adoption rates compared to 2017. But keep in mind the many benefits brought by Bitcoin to achieve a bright future so many investors will come, I'm sure that Bitcoin will repeat history 2017. Only a matter of time

[wahyu wida]

Expect capitulation for BTC down to $2000-1800 in February.

Thats where I think the bottom is

Bottom be as low as that point is not the problem but is bitcoin going to recover from that point should be our concerns.  If bitcoin fall to $1800 is it going to recover this year or not and if it is going to recover will it goes as higher as $20,000 again?

no one can ensure that, the market is very wild and our analysis is not necessarily true. but my prediction of bitcoin will not recover above $ 20,000 in the near future. and what I believe BTTC will rise later

[deisik]

Again, if you look at it critically, you would agree with me that bearish market trend could deter potential investors from investing and that decreases adoption rate

Actually, it depends on what you mean by "investing" here

If by that you mean speculating, i.e. buying bitcoins with the sole purpose of selling them later at a higher price, then it doesn't look like a plausible assumption. If you disagree, think how much of the 2017 rally to 20k really helped mass adoption and whether it helped it at all. And don't forget to take into account that you can't consider this rally without the crash that followed it. Simply put, not all investments are born equal, the point being that speculative investments are not likely to help adoption (in a big way)

[Robotbitcoin22]

Expect capitulation for BTC down to $2000-1800 in February.

Thats where I think the bottom is

Bottom be as low as that point is not the problem but is bitcoin going to recover from that point should be our concerns.  If bitcoin fall to $1800 is it going to recover this year or not and if it is going to recover will it goes as higher as $20,000 again?

Everything can happen. but indeed in my personal opinion to be able to break the price of 20k usd again this will be very difficult because right now the decline in bitcoin is quite deep