alyssa85
Legendary
Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 06:39:41 AM |
|
You can participate in Maddof schemes for a number of times until you get burnt. This is the equivalent of "im buying the dip because altcoins are low, and altcoins always come back". Eventually, altcoins will not be comming back, and the tide will finally shift towards natural state of things (total BTC domination), then altcoin bagholders will have their last cry on reddit about how they became scammed by this and that token.
It depends very much on the alt doesn't it? At some point someone is going to make an alt that has features retail investors and users find attractive and useful. At which point that alt will do what Facebook did to MySpace.
|
|
|
|
SummerBliss
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 07:58:28 AM |
|
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FHLtZnLPs%2Freaccumulation.jpg&t=665&c=z1oc77D6eR0VoA) The chart aligns with a perfect timing for: 1) General public has been demolished and demoralized. Everyone that is still hasn't realized altcoins are dead are about to. 2) Huge updates coming for Bitcoin, start reading on this for instance: https://arxiv.org/abs/1905.105183) Halving comes at the right time 4) OTC options like Bakkt are ready for boomers and computer illiterates which want exposure to Bitcoin but have no resources to keep their own How much are you buying monthly? Interesting analysis! But this halving is different from previous halving in one sense, the majority of holders this time are investors, not miners. Halving has direct impact on miners. Their reward gets decreased hence making bitcoin more valuable for them. But for investors, it doesn't have any direct impact. The event will just create a favourable market condition which could be exploited by investors for a while but it is wrong to expect that we will see any long running sustaining bull run this time.
|
|
|
|
mersal
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1204
Merit: 38
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 08:58:29 AM |
|
Different charts,different views and different explanation,so yeah we need to move to the next prediction of halving from BAKKT launch since it was failed until now.Everyone guess that the real bull market will start after the few months of halving so I too agree that until every investors have chance to buy bitcoins.
|
|
|
|
clickerz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 10:02:03 AM |
|
This can be considered the time to accumulate as much possible based on various reasons. - The price has been found low to $8500
- More predictions stating the growth to happen anytime soon
- Better than bitcoin, it is time for accumulation of altcoins
- Altcoins were very low in value, and these days there is recovery
with most trusted altcoins - Halving happening by 2020, and a big update on ethereum network
This is also what I observed and believe. As most would say that anything below $10,000 is a good buy, I concur. $8500 is still a conservative price and I am expecting below $7,500, but with current situation, seems will not happen anytime soon. Support is strong at $8,000 range, hope to have mini bull run before the year ends.
|
Open for Campaigns
|
|
|
coin-investor
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 11:18:45 AM |
|
The chart aligns with a perfect timing for: 1) General public has been demolished and demoralized. Everyone that is still hasn't realized altcoins are dead are about to. 2) Huge updates coming for Bitcoin, start reading on this for instance: https://arxiv.org/abs/1905.105183) Halving comes at the right time 4) OTC options like Bakkt are ready for boomers and computer illiterates which want exposure to Bitcoin but have no resources to keep their own How much are you buying monthly? I believe in you, next year is very promising, could be the best momentum going for the next all-time high, although there are people with negative thoughts about market situation, they cannot ignore the fact what you have outline and the graph that you are showing, people should be ready for the next year's halving, the best that you can do is to accumulate as many as can but not to the point that you invest all your earnings.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
elda34b
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 11:22:40 AM |
|
I am expecting below $7,500, but with current situation, seems will not happen anytime soon. Support is strong at $8,000 range, hope to have mini bull run before the year ends.
I see a lot of channels also calling a move to break a $7.7k range. I hope it will stabilize around $8k, so my alts can grow a little bit. so yeah we need to move to the next prediction of halving from BAKKT launch since it was failed until now.Everyone guess that the real bull market will start after the few months of halving so I too agree that until every investors have chance to buy bitcoins.
Bakkt was always overhyped. And who knows, sometimes the market behaves differently from what the majority thinks. I still hope we see $100k for one bitcoin, though.
|
|
|
|
Sithara007
Legendary
Offline
Activity: 3318
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 12:38:32 PM |
|
Different charts,different views and different explanation,so yeah we need to move to the next prediction of halving from BAKKT launch since it was failed until now.Everyone guess that the real bull market will start after the few months of halving so I too agree that until every investors have chance to buy bitcoins.
There was too much hype surrounding Bakkt and some of the whales tried to pump the exchange rates using the Bakkt excuse. But the indications are that Bakkt is picking up pace. According to Coindesk, more than $5 million was traded during the first week and trends indicate that the volumes continue to increase at a slow, but steady pace. In the coming weeks and months, we may witness much higher trade volumes. Industry heavyweights such as Dave Weisberger (CoinRoutes) and Damon Leavell (Intercontinental Exchange) have praised Bakkt for having very tight bid-offer spreads in the market, and also for the strong industry participation. But they are also of the opinion that Bakkt will take some more time to evolve and achieve the sort of volumes that were expected from it.
|
|
|
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
|
|
|
SaShiRaJaVu
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 01:11:05 PM |
|
It depends very much on the alt doesn't it? At some point someone is going to make an alt that has features retail investors and users find attractive and useful. At which point that alt will do what Facebook did to MySpace.
To see a major adoption you need to have a bigger influence in the market and if the corporate world like walmart or other retail giants come up with an alt coin that can be used for purchase and if they give offers for using them, then it will become a major hit but for that to happen they need to spend a lot of money to have a market reach. Bakkt was always overhyped. And who knows, sometimes the market behaves differently from what the majority thinks. I still hope we see $100k for one bitcoin, though.
The hype just reflected on the market and hence the price went down after the release of Bakkt. There is nothing wrong in dreaming the price of bitcoin reaching $100k in the distant future and everyone who invested their money in bitcoin foresee a price like that.
|
|
|
|
mersal
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1204
Merit: 38
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 01:37:48 PM |
|
so yeah we need to move to the next prediction of halving from BAKKT launch since it was failed until now.Everyone guess that the real bull market will start after the few months of halving so I too agree that until every investors have chance to buy bitcoins.
Bakkt was always overhyped. And who knows, sometimes the market behaves differently from what the majority thinks. I still hope we see $100k for one bitcoin, though. I believe whales did the thing after BAKKT launch because everyone expecting price bloom so they acted in right time and grabbed some money now they will be waiting for the perfect time to buy back and real investors will lose again if they don;t have confidence in long term goal of bitcoin.
|
|
|
|
tadpole_bitfrog
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 464
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 01:41:46 PM |
|
Many people predict that the price of bitcoin will rise to $ 22k, but I think that will not easily happen so soon. I don't believe the sharks let the bull run run so easily. They will create a big trap to pump the price of bitcoin in a short time and will dump it in the night when people sleep. so this halving event I will just look and not make any purchases.
|
|
|
|
redsun114
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 07:52:11 PM |
|
I could not understand why many people who are into Bitcoin can easily be led to desperation whenever there is a dip in its price movement. All they have to do is to search Google to look for answers for the "predicament" that they think they are in. Bitcoin is not known to be very volatile for nothing and what we experienced in the past few days is just manifestation of this character and nothing to worry about. I am happy to see that some people made the effort of posting charts so as to tell us the truth that this is just a very temporary thing and that instead of looking at it negatively we might as well increase our Bitcoin exposure or holding. This is the time to accumulate more.
Let me shock you mate, volatility of bitcoin is really a case and it really takes someone who created the coin itself not to panic sometimes, which is why I don't blame those who are asking question, they are just looking for assurance that they are making the right decision to either stay or leave. I have been in a situation where I have advised people several times not to panic and to make them understand that it is volatility of bitcoin that is giving way for all these fluctuation which we need to learn to deal with, but at the same time while advising of these, I myself sometimes is still filled with little fear and it is because of some of the manipulators that we have in the market, it is not every fluctuation that we see is natural, some of them are being caused by those whales too.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
meliodas
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 05:00:30 AM |
|
In my opinion, it is really happening. The whales are slowly but surely accumulating bitcoins and other big cryptocurrencies again and the best way that we can do right now since we don't have a connection or insider's info from the group of whales is to buy big cryptocurrencies in a regular type of way so we can do averaging and get the best deal for our cryptocurrency.
|
|
|
|
dimonstration
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 06:10:35 AM |
|
Reaccumulation is really good to do now when we plan to accumulate and continue holding or for trading too but the Graph mostly refer in halving whenever it is near to occur, though it helps to make the market grow whenever it about to happen but not to the point it will push to bull run. Nevertheless, accumulating more bitcoin can help us earn when the markets bull came out.
|
|
|
|
deisik
Legendary
Offline
Activity: 3500
Merit: 1280
English ⬄ Russian Translation Services
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 07:24:19 AM |
|
4) OTC options like Bakkt are ready for boomers and computer illiterates which want exposure to Bitcoin but have no resources to keep their own I always thought Bakkt was for institutional investors Indeed, you can say that fund managers are computer illiterate as well as some of them boomers but that's likely not what you actually meant. It seems you can't reliably expect a surge in the influx of institutional investors (like pension funds) until they are officially allowed to invest the money they manage (including the money coming from these two cohorts) in cryptocurrencies. And we are not there yet (at least, as far I know)
|
|
|
|
mu_enrico
Copper Member
Legendary
Offline
Activity: 2450
Merit: 2211
Slots Enthusiast & Expert
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 01:16:01 PM |
|
If you want
I want you to earn more merits ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Ok seriously, my opinion != my needs/wants. It depends very much on the alt doesn't it? At some point someone is going to make an alt that has features retail investors and users find attractive and useful. At which point that alt will do what Facebook did to MySpace.
Bitcoin is not all about features mate, security/hashrate matters. Unless we see some radical change in the mining landscape, I don't think we will see a new champion anytime soon.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | | | BK8? | | | . ..PLAY NOW.. |
|
|
|
7788bitcoin
Legendary
Offline
Activity: 2282
Merit: 1023
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 03:21:32 PM |
|
Altcoins aren't dead, just taking a break like they've done many times in the past. If you think they're dead, you're missing a buying opportunity IMO. Altcoin is a broad term, we have seen many coins coming and going in the top twenty list many times and majority of the coins are dead and i never expect any movement in those. The top coins like ETH, Monero, Litecoin might have some movement in the future, other than that i do not expect any exceptional rise in price. A trader who doesn't have "resources to keep their own" bitcoin probably won't be using Bakkt at all. You cannot be a bitcoin or any form of trader if you are not able to access internet or you are not having the hardware required to access those let alone Bakkt ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . @OP When ever the price goes down you can consider it as an opportunity to invest, it is all perception on how you view things ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .
|
|
|
|
STT
Legendary
Offline
Activity: 4032
Merit: 1440
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 04:03:28 PM Last edit: October 05, 2019, 05:38:02 PM by STT |
|
Seems like a good long term view and idea of various phases to the pricing; I agree the market has 'moods' to its movements. Just looking at the last halvening, I can remember disappointment and price falling as people did not get the immediate rise hoped for but also longer term the price never really lost its previous gains and that was quite bullish. This chart is LOG scale which makes it a bit of a fish tank view but its fair enough in % terms. missing a buying opportunity I agree so long as there is a benefit to society from the continuation of that particular blockchain, its a steep gradient for any alternative to BTC as many now arent as willing to give it leeway with the idea of growth a 'new dawn' in this crypto sector. I was also thinking thats alt coins arent especially over, its likely ideas for innovation continue and people keep trying to use the technology in various ways. I'm still waiting on Proof of stake to really be proven as viable or not, surely the market will test every alternative. I have no belief the way forward will easy and straightforward, I think we have many crossroads.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
fullhdpixel
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2019, 05:39:12 PM |
|
Different charts,different views and different explanation,so yeah we need to move to the next prediction of halving from BAKKT launch since it was failed until now.Everyone guess that the real bull market will start after the few months of halving so I too agree that until every investors have chance to buy bitcoins.
Lol. I wonder why we predict without actually getting the right fact, when bakkt was about to be released, I actually sat down to relate the operation of bakkt to bitcoin and I really don’t see much correlation between both, bakkt expectation to make bitcoin surge is just like us expecting that an exchange release will make the value of bitcoin go up. What will naturally make the value of bitcoin shoot up is either we get a particular encouraging factor that will make people come at the same time to invest which they usually call investment out of FOMO, or we have some financial institutions with billions of dollars that saw the need to use the cryptocurrency market and then put in such money. What should have naturally be increasing the price of bitcoin is not functioning very well because we don’t use it which is for us to make payments among ourselves.
|
|
|
|
davinchi
Legendary
Offline
Activity: 2100
Merit: 1058
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 09, 2019, 05:45:55 PM |
|
Bull sentiment is always in crypto people. They never think that bitcoin will die, the people who think like that are either haters of crypto or people who lost waay too much money. I have met with many of them who bought 100+ bitcoins at its peak and then sold when they lost money. That is why I think even when price drops people are not giving up on bitcoin, they never will they just think this is a bear season that we need to wait out and eventually we will get back to high prices again.
Some people never stop buying, I have met a person who literally has a automatic purchase of bitcoin every month on his credit card, he uses a website that withdraws 100 bucks from his credit card every month to buy bitcoin automatically. As long as people like that exists we are going to be fine in the long run.
|
|
|
|
ardentvolcanoes
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 09, 2019, 05:50:07 PM |
|
Some people never stop buying, I have met a person who literally has a automatic purchase of bitcoin every month on his credit card, he uses a website that withdraws 100 bucks from his credit card every month to buy bitcoin automatically. As long as people like that exists we are going to be fine in the long run.
Those kind of investors who are investing for the future success of this industry, there's no good entry position as they are believing that the market will grow eventually. Long term target to maximize the potential profits. Some might think that it's a risky move but to those who completely trust this venue of investment they will proceed and trust. after all, it is the future that will dictates the outcome, accumulating will be on the investors complete understanding to this investment.
|
|
|
|
|