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Author Topic: Bad days for crypto  (Read 61578 times)
Sendi blackspade team
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January 23, 2020, 01:12:23 PM
 #401

current situation and 2017 differ greatly and I am not so sure if events like before will happen again,although reaching $ 20k will take at least 4 to 5 years
This year there will be a lot of big changes and the value of top coins will always be the subject of most concern. I think Bitcoin is still the most dominant coin in the crypto market and certainly all altcoins will depend heavily on the price of Bitcoin. However, this year may be the opposite and hope that altcoin season can return again.

My prediction may be wrong, but I will still choose to invest in this market because in 2020 there will be a lot of good news that will cause the market to rise.

The fact that Bitcoin's dominance is growing is bad news for Altcoins. However, I think this can change if Ethereum hardfork can be carried out without any problems. This can be an important moment for the entire cryptocurrency market, because if whales start to pump the price of Ethereum and it breaks away from the price of Bitcoin, then this may be the beginning of Altseason and the end of Bitcoin's dominance in the entire market.
I guess that domination will happen but not now. look at the market graph where altcoin is also fixed when bitcoin rises. this is good for the altcoin market but when bitcoin goes down the altcoin market will also experience a decline. and it will be difficult to get a moment to go up if the dominance of bitcoin will increase when the market is down. look at what happened mid last year.
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January 23, 2020, 01:19:29 PM
 #402

The fact that Bitcoin's dominance is growing is bad news for Altcoins. However, I think this can change if Ethereum hardfork can be carried out without any problems. This can be an important moment for the entire cryptocurrency market, because if whales start to pump the price of Ethereum and it breaks away from the price of Bitcoin, then this may be the beginning of Altseason and the end of Bitcoin's dominance in the entire market.
I guess that domination will happen but not now. look at the market graph where altcoin is also fixed when bitcoin rises. this is good for the altcoin market but when bitcoin goes down the altcoin market will also experience a decline. and it will be difficult to get a moment to go up if the dominance of bitcoin will increase when the market is down. look at what happened mid last year.

I am now talking about a completely new situation. I can see that all altcoins are stick to Bitcoin price. I mean, if Ethereum hardfork succeeds, ETH can become very attractive for whales. If this happened and the ETH price began to be pumped, it would be the first Altcoin to break away from the Bitcoin price. For investors it could be a sign that Altseason is starting. I know that this is unlikely, but I'm just speculating Wink

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January 23, 2020, 02:19:03 PM
 #403

I mean, if Ethereum hardfork succeeds, ETH can become very attractive for whales. If this happened and the ETH price began to be pumped, it would be the first Altcoin to break away from the Bitcoin price. For investors it could be a sign that Altseason is starting. I know that this is unlikely, but I'm just speculating Wink

A lot of investors are really counting on ETH to pump because eventually when it pump, altcoins especially the ETH tokens will have a chance to rise due to its hype. Imagine how hard ETH has fallen, from $1K+ to $100+ now, it's very disappointing if you don't fully understand how this market move.

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January 23, 2020, 03:05:53 PM
 #404

I mean, if Ethereum hardfork succeeds, ETH can become very attractive for whales. If this happened and the ETH price began to be pumped, it would be the first Altcoin to break away from the Bitcoin price. For investors it could be a sign that Altseason is starting. I know that this is unlikely, but I'm just speculating Wink

A lot of investors are really counting on ETH to pump because eventually when it pump, altcoins especially the ETH tokens will have a chance to rise due to its hype. Imagine how hard ETH has fallen, from $1K+ to $100+ now, it's very disappointing if you don't fully understand how this market move.

Just remember all bad feelings and sentiment that gathered in people because of this fall. Now there is a lot of people who lost money trading crypto and told about it their friends or family. More and more of them heard first person view type of stories and will be more and more cautious about investing their money in this industry. ETH was especially undermined by scam ICO environment as well as oldschool DAO crisis and similar. People are waiting for BTC to moon and then they will be looking for a new '2nd bitcoin'
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January 29, 2020, 02:14:02 PM
 #405

I mean, if Ethereum hardfork succeeds, ETH can become very attractive for whales. If this happened and the ETH price began to be pumped, it would be the first Altcoin to break away from the Bitcoin price. For investors it could be a sign that Altseason is starting. I know that this is unlikely, but I'm just speculating Wink

A lot of investors are really counting on ETH to pump because eventually when it pump, altcoins especially the ETH tokens will have a chance to rise due to its hype. Imagine how hard ETH has fallen, from $1K+ to $100+ now, it's very disappointing if you don't fully understand how this market move.

Just remember all bad feelings and sentiment that gathered in people because of this fall. Now there is a lot of people who lost money trading crypto and told about it their friends or family. More and more of them heard first person view type of stories and will be more and more cautious about investing their money in this industry. ETH was especially undermined by scam ICO environment as well as oldschool DAO crisis and similar. People are waiting for BTC to moon and then they will be looking for a new '2nd bitcoin'

Of course there have some been some embarrassing holidays the last couple of years, after a euphoric 2018 New Years. But once BTC and a few alts start popping momentum can change quickly. Already we are seeing a few coins like ETC starting to pop. Once current holders get a 1x or 2x again they may start throwing cash at crypto again, leading to those 10x and 100x we all are thriving for again. It may take until the end of 2020 or even 2021 for a new FOMO bull market, but I fully expect one, way surpassing ATHs
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January 29, 2020, 03:13:27 PM
 #406

The issue of price predictions and projections could be very funny. It's amazing that several people projected bitcoin to trade above $20,000, before the end of 2019, but we're already in 2020 and the dream of $20,000 does not seem to be achievable.
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January 29, 2020, 03:18:26 PM
 #407

The issue of price predictions and projections could be very funny. It's amazing that several people projected bitcoin to trade above $20,000, before the end of 2019, but we're already in 2020 and the dream of $20,000 does not seem to be achievable.
Even the pilots aim to raise the airplane to the higher point before hitting airfield. The higher price predictions are usually based on the previous market history and that is why charts exist. Analyst's predictions are all about the key levels on chart and the ATH price($20000) looks attractive for both bulls and bears.

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January 29, 2020, 03:36:52 PM
 #408

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

The price projection for Bitcoin was not achieved last year as bitcoin traded far below $10,000 during the year end. There are new predictions for this year which suggests that the value of Bitcoin would increase above $20,000 this year. The year looks promising for me as there are several events. I only do hope that the predictions for the year materialise.
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January 29, 2020, 04:13:40 PM
 #409

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

The price projection for Bitcoin was not achieved last year as bitcoin traded far below $10,000 during the year end. There are new predictions for this year which suggests that the value of Bitcoin would increase above $20,000 this year. The year looks promising for me as there are several events. I only do hope that the predictions for the year materialise.
projection.prediction and speculation are there even before we learn crypto guys so the thing is are those really proving anything?or like gambling that even how good we are still losing is part of living?
i dont know what would be the price this year and all i know is that i will continue supporting Bitcoin and crypto even market falls again like early last year of 2019.because i know that in the end?i will make good profit in my currency on hand.









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julius caesar
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January 29, 2020, 06:26:36 PM
 #410

The issue of price predictions and projections could be very funny. It's amazing that several people projected bitcoin to trade above $20,000, before the end of 2019, but we're already in 2020 and the dream of $20,000 does not seem to be achievable.
This is achievable this time since we all know that halving is near. Most of the people tend to buy some bitcoin so that they can sell it when the halving effect will take its place. It is possible that the next value of bitcoin will rise up to 100k USD said by the so many predictors own there. It is based on the price movement every time that halving happens.

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January 29, 2020, 11:45:57 PM
 #411

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?
first no one knows what will happen on the price of bitcoin, were now on the year 2020 and $20k is still unclear for bitcoin to reach again even there is another halving that will happen. Market is very unpredictable you will not know what will happen next.

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January 30, 2020, 03:05:56 AM
 #412

The issue of price predictions and projections could be very funny. It's amazing that several people projected bitcoin to trade above $20,000, before the end of 2019, but we're already in 2020 and the dream of $20,000 does not seem to be achievable.
Predictions stop at predictions because no one can predict 100% accuracy when entering this market. I think with what is happening, it is possible that Bitcoin could reach $20,000 in the next few years, but the market will certainly go through many different stages. In my opinion, by all means must earn a profit this year because this is the economic year and certainly many coins will reach a new price if altcoin season reappears.



                                                                                                                                             
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January 30, 2020, 04:10:29 AM
 #413

The issue of price predictions and projections could be very funny. It's amazing that several people projected bitcoin to trade above $20,000, before the end of 2019, but we're already in 2020 and the dream of $20,000 does not seem to be achievable.
Predictions stop at predictions because no one can predict 100% accuracy when entering this market. I think with what is happening, it is possible that Bitcoin could reach $20,000 in the next few years, but the market will certainly go through many different stages. In my opinion, by all means must earn a profit this year because this is the economic year and certainly many coins will reach a new price if altcoin season reappears.
nope that is wrong perception,prediction must stay so people have a challenge in each currency they want to buy or hold.
sometimes we need other ideas to use as a reference so comparison from our point to theirs will help us sort answers.
and besides this is everybody's right but we have also right to deny or believe those right?

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January 30, 2020, 01:28:34 PM
 #414

The issue of price predictions and projections could be very funny. It's amazing that several people projected bitcoin to trade above $20,000, before the end of 2019, but we're already in 2020 and the dream of $20,000 does not seem to be achievable.
Predictions stop at predictions because no one can predict 100% accuracy when entering this market. I think with what is happening, it is possible that Bitcoin could reach $20,000 in the next few years, but the market will certainly go through many different stages. In my opinion, by all means must earn a profit this year because this is the economic year and certainly many coins will reach a new price if altcoin season reappears.
nope that is wrong perception,prediction must stay so people have a challenge in each currency they want to buy or hold.
sometimes we need other ideas to use as a reference so comparison from our point to theirs will help us sort answers.
and besides this is everybody's right but we have also right to deny or believe those right?
you are so right. sometimes even a prediction from someone can be followed by several people who are in the community for reasons that make sense with data and evidence that occurs in the market. but whether or not that happens is another consideration. the conclusion is the analysis and prediction that we do ourselves. whether to follow others or not, the most important thing is that we have to study it first. don't regret and blame others.

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January 30, 2020, 02:47:20 PM
 #415

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?
first no one knows what will happen on the price of bitcoin, were now on the year 2020 and $20k is still unclear for bitcoin to reach again even there is another halving that will happen. Market is very unpredictable you will not know what will happen next.
being cautious seems to be one of the best ways to manage risk in investing in bitcoin,
or maybe you just trade, and don't invest too long, you can stress, I'm sure of that
yes, it is like that. even I become more and more often see the bitcoin market and a little afraid when I have a lot of bitcoin. most importantly do not lose the moment to sell or buy. although in the long run, we are also often uneasy in investing in bitcoin.
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January 30, 2020, 03:21:09 PM
 #416

not only in crypto even our lives had a bad day.. all we can do is to wait for the right timing for us to recover those lost in this bad days

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inoes
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January 30, 2020, 04:54:07 PM
 #417

Snip-
Predictions stop at predictions because no one can predict 100% accuracy when entering this market. I think with what is happening, it is possible that Bitcoin could reach $20,000 in the next few years, but the market will certainly go through many different stages. In my opinion, by all means must earn a profit this year because this is the economic year and certainly many coins will reach a new price if altcoin season reappears.
nope that is wrong perception,prediction must stay so people have a challenge in each currency they want to buy or hold.
sometimes we need other ideas to use as a reference so comparison from our point to theirs will help us sort answers.
and besides this is everybody's right but we have also right to deny or believe those right?
you are so right. sometimes even a prediction from someone can be followed by several people who are in the community for reasons that make sense with data and evidence that occurs in the market. but whether or not that happens is another consideration. the conclusion is the analysis and prediction that we do ourselves. whether to follow others or not, the most important thing is that we have to study it first. don't regret and blame others.
because not infrequently a prediction is a form of promotion. if you find an unreasonable price prediction with some hype, then that's what I mean. This is similar to promotion on TV / other social media ... use reasons of prediction but in fact it is a promotion.

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January 30, 2020, 06:18:03 PM
 #418

2020 seem bright for crypto. But I doubt and have not seen the possibilities of btc seeing 20k$ by the end of 2020. Rather,  we can say 15k$ is achievable. Let's keep eyes peeled for btc movements.

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January 30, 2020, 08:29:50 PM
 #419

2020 seem bright for crypto. But I doubt and have not seen the possibilities of btc seeing 20k$ by the end of 2020. Rather,  we can say 15k$ is achievable. Let's keep eyes peeled for btc movements.
This year 20k will become a reality and indeed this value will not be achieved in just a very short time, but look at the increase so far and even this increase is still at the beginning of the quarter which is very likely the increase will continue in the next quarter, if the increase continues then it is very possible that the end of the year may exceed the predicted value.

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January 30, 2020, 10:15:34 PM
 #420

2020 seem bright for crypto. But I doubt and have not seen the possibilities of btc seeing 20k$ by the end of 2020. Rather,  we can say 15k$ is achievable. Let's keep eyes peeled for btc movements.
This year 20k will become a reality and indeed this value will not be achieved in just a very short time, but look at the increase so far and even this increase is still at the beginning of the quarter which is very likely the increase will continue in the next quarter, if the increase continues then it is very possible that the end of the year may exceed the predicted value.
The market is now bullish, we are trading at the high this year and soon bitcoin will touched $10,000 which is a good amount that I think everyone will begin to feel the FOMO. $20,000 won't be hard to accept if btc would move like this, year to date, bitcoin has already increase 30% (more or less) if my computation is correct.

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