marycrazy08
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May 12, 2019, 06:00:05 AM |
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I am really happy as well, however, all my assets are in Alts, i bought alts before BTC moved higher. Now all my alts are not moving. Any advice?
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EdenHazard
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May 12, 2019, 06:39:09 AM |
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Bitcoin has increased price almost $1500 in a few days and seems like the price will continue to up since the sentiment market has been changing. I believe $7500 is the next direction and we can see it slowly. The marketcap has been exceeding $200 it just because the prices altcoin following the rely of bitcoin price.
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Netnox
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May 12, 2019, 07:06:22 AM |
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This is a momentous event that the capitalization of the crypto market reached 200 million US dollars. I would like to note such a feature that the Altcoins outside the top 100 could not reach those levels when similar capitalization was noted in 2017-2018. In this regard, I believe that a sharp increase in altcoins will soon await us.
I don't think so. The situation we had hack in 2017 was very different from the one we have now. Back then, there were a lot of inexperienced users and they pumped a lot of money in to the alts. Some of the alts went up by as much as 100x and 200x. Coins such as DOGE and Bytecoin went up like rockets. I have nothing against these coins, but you really think that Bytecoin is a currency that deserves 270x (27,000%) returns? When the bull rally of 2017 went out of steam, the alts which went up by 100x came back to their previous levels. And most of the users remember what happened then, and I doubt whether they'll trust the alts once more.
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Romeoetin
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May 12, 2019, 08:18:35 PM |
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Looking at where we've been before and where we are now, this is really a thing of joy for the crypto community. The problem is will it continue for long? How long will it stay stable against resistance. Bitcoin constituted about 60% of the market cap today.
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Spider A4
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May 12, 2019, 09:46:53 PM |
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Really I'm so happy After a long time, the price of Bitcoin will increase so suddenly, that's why I just could not think of anyone. I do not think there is anything good news for Bitcoin Lover. Bitcoin's current price is $7154.70
I think it's pure manipulation which about talking many crypto enthusiast. Tomorrow BTC will go below 7000$ this time already start and you can count down. Current price is 7090$ but i think it's manipulation helped to recover crypto trader also altc coins holder.
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Kasabus
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May 12, 2019, 10:13:07 PM |
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Looking at where we've been before and where we are now, this is really a thing of joy for the crypto community.
Of course, we have to be thankful that finally the market has response in a bullish way. The problem is will it continue for long? How long will it stay stable against resistance. Bitcoin constituted about 60% of the market cap today.
Let us not make ourselves worried with that, instead while we are thankful, we also have to enjoy at the moment. Just think positive and think that this year we will see a full bull run an opposite of what we've seen last year which is a full bearish run.
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samycoin
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May 12, 2019, 10:39:57 PM |
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Its great to see that the coinmarket is on bullish but we cannot set a side that we don't have no assurance if the price in the market will be continues so expect the unexpected. It's better to be ready that tro sorry after. It's really hard to predict what will be the market will go if it's go up or go down. Better to be observer so we can know what will our next step.
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xWolfx
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May 12, 2019, 10:56:09 PM |
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The way in which the market is moving forward, there is no doubt that the price will cross ten thousand dollars this year, a few months back i never expected this kind of recovery and i never had a clue we will see those benchmark valuation this year, i expected the price to recover after the halving and then we might see a good rally, but there is plenty of time now and we might see some corrections in between, what ever be the case i wont be surprised as i have my long terms goals. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) This is the hodler mindset i share. I personally want to improve to get into this a lot more than i can right now, step by step because the long term goals that you have and the ones that i have might not be so different when related to the Crypto world. After that is when things will start to go different. The funny part is that i do expect it to go higher but not in a hurry for it to go high fast, not yet. I will donate 10% of anything i earn long term to charity and this might be another goal that someone who reads might want to have too.
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bitcoin31
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May 12, 2019, 10:57:22 PM |
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For this now $216 exact billion is the total marketcap which is nice to see the increased and We expect that marketcap will be increase more and maybe this month it will turn to $250 billion . Everyone hopes that marketcap will not lower again under the $200billion and we hope that will be stable but increasing.
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MakeMoneyBtc
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May 13, 2019, 12:01:44 AM |
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It's the first time that total marketcap has passed $200 billion in the last 6 months and that's surely a great sign for bitcoin. We are on the right track and if this continues like that I think the future will be even brighter than we can all imagine because bitcoin could get back to its ATH sooner than we all expected. As long as the market doesn't suffer a major dump the price of bitcoin should get close to 20.000$ at a certain point in 2020.
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Wingo
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May 13, 2019, 02:13:52 AM |
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While the top cryptocurrencies are dumping a bit today, the marketcap still increased a bit. Its a good thing, the market is expanding again. But this is very far from its peak marketcap in 2017. In my opinion, the focus on the market is being put on the alts. I hope this marketcap will increase further, the market has been a bit stable compared to the past months. The increase of bitcoin has also been stable in the past 15 weeks. I hope it will remain this way.
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Sithara007
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May 13, 2019, 03:29:39 AM |
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I guess the correction phase has started now and may last for a week or so, unless something drastic happens. Those users who purchased their coins at $3,000-4,000 levels may book profits during this time. Also, one thing I have noticed is the sharp bull run for BCH. In percentage terms, it had risen even more than BTC. And this happened at a time when almost all the other altcoins have seen a reduction in their market share. BCH may have got boosted by the BSV crash and delisting drama.
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Aldrinx00
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May 13, 2019, 04:32:28 AM |
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That's great indeed i think the bear market is over and we can expect more gains because bitcoin effortlessly pass the $6500 resistance which is quite amazing. Well we will see some corrections but i think the bullrun is on and we might see $10k in the upcoming months hopefully.
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Malsetid
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May 13, 2019, 08:59:19 AM |
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That's great indeed i think the bear market is over and we can expect more gains because bitcoin effortlessly pass the $6500 resistance which is quite amazing. Well we will see some corrections but i think the bullrun is on and we might see $10k in the upcoming months hopefully.
It's already broken 7.2k dude and is already starting a recoil though we're still above the 7k levels. That's a very good thing considering we haven't been in this position since last year. I was surprised though that btc took this turn in the second quarter. I was expecting a run in the latter part but things are looking pretty good this 2019.
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antisocial77
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May 13, 2019, 12:28:15 PM |
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Yes its very important but not enough.if we are looking for a big bull run, it has to be 400-450 billions as 2017.for this, we need a big fomo by for example breaking 10k.
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legenduim
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May 13, 2019, 12:33:47 PM |
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Great news it's been a long enthusiasm waiting this moment bitcoin finally reach that amount is positively sign for uprising of bitcoin become expensive again. Let's wait and monitor this very excitement movement of bitcoin. Now, all feel very enthusiastic about the future of the cryptocurrency. The activity of people has been growing these days. I suppose the market cap growth is a great positive sign for all.
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stadus (OP)
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May 13, 2019, 02:39:12 PM |
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Great news it's been a long enthusiasm waiting this moment bitcoin finally reach that amount is positively sign for uprising of bitcoin become expensive again. Let's wait and monitor this very excitement movement of bitcoin. Now, all feel very enthusiastic about the future of the cryptocurrency. The activity of people has been growing these days. I suppose the market cap growth is a great positive sign for all. People love a good market as that gives us a chance to earn through trading or selling our holding. Also, this attracts more buyers and projects through crowdfunding (IEO or ICO) will once again appreciated and they can get more potential investors. One thing we should also not forget as this happens every time there's a bull market is that people get FOMO.
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valentin68
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May 13, 2019, 03:20:38 PM |
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Google is saying that the total paper money in this world is about 6 trillion USD. This is 6*10^(12) USD. In the Stock market (Google says that) the value of the Stocks is 10 times the value of the paper money. That is the total value of the Companies in this world is 10 times the paper money that we have. This is electronic money, the money that you have on your Credit Card, the money that you have worked for them.
I would say that there are not sufficient money in this world. Bitcoin has added 200 billion USD to the total money that we have, but this is not sufficient. My guess is that the Bitcoin marketcap in 10 years from now will be 100 to 1000 bigger than what it is today (approx 20 trillion USD to 100 trillion USD)
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Netnox
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May 13, 2019, 04:13:47 PM |
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This is just crazy.. the prices are moving so fast that the guys at coinmarketcap are having difficulty in updating them. The total market cap has reached $231 billion, and the Bitcoin dominance is now 59.8%. IMO, it is just a matter of time before we get to five digits. If the trends continue, 10K may be achieved by this month itself.
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