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Author Topic: WILL CRYPTO BOOM AGAIN?  (Read 2645 times)
pawanjain
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October 26, 2019, 12:35:13 PM
 #61

Once there are countries that will regulate and will have law and adopt crypto in their countries, then it will be a big footstep for crypto news and the price of Btc will definitely grow. Actually people now still prefer holding Bitcoin, as they know that holding it is much safer and better than holding altcoins.
Global adoption is still far from being a reality since the governments and banks are still constantly trying to demoralize the value of crypto in the market.
Only the people who know the actual potential of crypto and the greedy traders are the ones who are holding crypto these days.
The number of people holding crypto though, is constantly increasing every year.

The best example is the current situation of bitcoin from fall last we now we saw a big pump and that is why we can’t say that the trend of cryptocurrency will be constant. Crypto Will boom again, many investors will come and China is a best reason for that we need more countries to support blockchain.
This is how the big players manipulate the crypto market. I am quite sure we will see a minor dump before seeing the next pump.

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October 26, 2019, 01:34:44 PM
 #62

I think it's just another of time before we can see crypto boom again. I have no doubt that in the next coming years, we will see another massive bull run similar to that of 2017. The thing is that those who have been here like me in 2017, wanted to see the rise to continue.

So it's a hard lesson, but I guess everyone needs to learn that as well. The price will not or can't go on a parabolic rise, it will definitely go back down again. But rest assured that it can climb back and get to a new ATH anytime soon.

The question is will this really happen? or will it take another few years before this happens? what if all of that prices was just pretentious to make him famous or there is actually someone behind it that manipulates us all to invest in bitcoin. (that was my assumptions only) for now it is hard to tell that boom will happen again because we see the market situation today and it is unpredictable. maybe the new positive announcements will help but I'm not sure if it will go back to bitcoin's 2017 rise. all I can say is it might be helpful to get bitcoin's 2017 price back if bigger companies use bitcoin and share what it really helps.

Watch out for this SPACE!
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October 26, 2019, 01:45:17 PM
 #63

Sure it's impossible to say but still... after yesterday hearing i really don't know what to think. Used to be sure Libra entry will boom the market once again but it looks like Libra's not coming shortly.
Is btc halving the most promising ''event'' we are looking forward to (at the moment)?

Bitcoin Halving is worth anticipating unlike Libra. With Bitcoin halving, we can at least rely on previous data that every after halving the price increases. We have seen that in 2016 and 2012. With Libra, we can only have speculations because it is just another stable coin project in the market that has already some of it earlier. And we cannot really link Libra, even its potential success, to a crypto boom. Libra is pegged on fiat. So even if there is a high number of users, the market will not automatically see growth in prices among other coins. And of course, Libra is not yet certain of coming out. 
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October 26, 2019, 02:00:45 PM
 #64

It will surely boom again since there are upcoming big events for crypto such as Bitcoin halving. We only need more adoptions and time since the market is still in the recovery process. Libra isn't a big threat but we couldn't deny the fact that it has a big potential as an altcoin in the future. Let's wait and hope for the best because history could possibly repeat itself.
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October 26, 2019, 02:14:11 PM
 #65

Well as a solid supporter of bitcoin i still believe that crypto will boom again on the perpect time and i am hoping  that on the year of 2020 we can able to see the prices of all crypto increasing very high just like what happen last 2017, let's just keep waiting and keep investing.

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October 26, 2019, 02:30:30 PM
 #66

It will surely boom again since there are upcoming big events for crypto such as Bitcoin halving. We only need more adoptions and time since the market is still in the recovery process. Libra isn't a big threat but we couldn't deny the fact that it has a big potential as an altcoin in the future. Let's wait and hope for the best because history could possibly repeat itself.
Libra shouldn't be in counted as a threat to bitcoin, anonymous investors had already knew Libra as a centralized crypto thus will rather invest more in bitcoin which of course has a potential ability to skyrocket in price based on the so-called upcoming halving I think investment-wise its better to invest in btc the devil I know is better than the angel I don't know says an adage as you rightly said 'history repeat itself' who knows ATH of 2017 of bitcoin could repeat itself come 2020.

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October 26, 2019, 02:54:30 PM
 #67

Well as a solid supporter of bitcoin i still believe that crypto will boom again on the perpect time and i am hoping  that on the year of 2020 we can able to see the prices of all crypto increasing very high just like what happen last 2017, let's just keep waiting and keep investing.
Since Crypto is able in consistent positive change this day, with unexpected transition from being in bearish then definitely cryptos can boom again anytime soon. It may continue to increase starting today or until halving. We can't really tell as many factors affects it's changes and sometimes no definite factors can explain it.
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October 26, 2019, 03:01:28 PM
 #68

Well as a solid supporter of bitcoin i still believe that crypto will boom again on the perpect time and i am hoping  that on the year of 2020 we can able to see the prices of all crypto increasing very high just like what happen last 2017, let's just keep waiting and keep investing.
Since Crypto is able in consistent positive change this day, with unexpected transition from being in bearish then definitely cryptos can boom again anytime soon. It may continue to increase starting today or until halving. We can't really tell as many factors affects it's changes and sometimes no definite factors can explain it.
All things may possible and you are right. Though it looks positive to see huge pumps in the coming day but still can't expect that it will turn high instantly. It is the response from traders, investors, and users who could affect its price. if there is huge support from them, it eventually going high and probably we gonna hit for another peak but we are not like that today cause some of us never have that kind of trust in crypto.
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October 26, 2019, 03:22:34 PM
 #69

Well as a solid supporter of bitcoin i still believe that crypto will boom again on the perpect time and i am hoping  that on the year of 2020 we can able to see the prices of all crypto increasing very high just like what happen last 2017, let's just keep waiting and keep investing.
Since Crypto is able in consistent positive change this day, with unexpected transition from being in bearish then definitely cryptos can boom again anytime soon. It may continue to increase starting today or until halving. We can't really tell as many factors affects it's changes and sometimes no definite factors can explain it.
All things may possible and you are right. Though it looks positive to see huge pumps in the coming day but still can't expect that it will turn high instantly. It is the response from traders, investors, and users who could affect its price. if there is huge support from them, it eventually going high and probably we gonna hit for another peak but we are not like that today cause some of us never have that kind of trust in crypto.
As what we can see in the chart of bitcoin now, it shows some pumps that we cannot predict before, there is a huge pump. Crypto never dies it just that , it faces the bear season wherein the price dums, people panic they sell at low prices that leads to market crash.  I can see some green in my portfolio now, I think crypto is on its way of recovery again.
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October 26, 2019, 03:26:10 PM
 #70

If you're expecting a boom like 2017, then I highly doubt the possibility of it. If you followed the news around the euphoria of 2017, you would have noticed that the hype was planned and it was all manipulated. Crypto didn't follow the organic growth strategy at that time and because of that it corrected by almost 80%. But right now, no such manipulation is taking place. It is more of an organic growth. BAKKT is getting volume. Price is maintaining its support. Halving will happen next year which brings up bullish sentiment. I am expecting a price rise but only in Bitcoin as people have lost hope in altcoins.
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October 26, 2019, 03:29:26 PM
 #71

It all depends now on a lot of factors, most of people who invest on bitcoin at 20k$ or over 15k$ lose trust and they wait for a boom, and also who want invest before not want because they now don't believe on crypto now, and also depends now on regulation, but in my opinion there is some chance to boom again, but this time only strong projects who have support for real use will grow.
Those who invested in bitcoin when it was in pump phase did that on their own freewill and greed. They just saw it making progress and took action without even trying to make some research of their own. It is not like that they have made some wrong decision by investing in bitcoin but it is suggested to not invest during the rise. It is also pointless to cry because bitcoin will be rising up soon.

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October 26, 2019, 05:50:35 PM
 #72

Sure it's impossible to say but still... after yesterday hearing i really don't know what to think. Used to be sure Libra entry will boom the market once again but it looks like Libra's not coming shortly.
Is btc halving the most promising ''event'' we are looking forward to (at the moment)?
Bitcoin halving is awaited by many users, I think this will make bitcoin a bubble. One more bitcoin crawls up because of Xi's speech as president of China who will adopt blockchain technology. It seems true that to make bitcoin go up, well-known figures have to call for support for blockchain technology.

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October 26, 2019, 06:51:51 PM
 #73

Sure it's impossible to say but still... after yesterday hearing i really don't know what to think. Used to be sure Libra entry will boom the market once again but it looks like Libra's not coming shortly.
Is btc halving the most promising ''event'' we are looking forward to (at the moment)?
For the record I never expect anything for Libra it is centralized which most of crypto user doesn't like.
But for the BTC halving I am also expecting it to be the reason for the BTC price to soar high again.

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October 27, 2019, 06:12:41 AM
 #74

I can't believe the huge increase in the last 24 hours, it is a crazy one and I feel like it was due to happen anytime soon.

I was getting really excited about the purchase I would make on Monday so I could have more bitcoins but now I am super hyped about me selling my bitcoins on Monday Cheesy That is how quickly can bitcoin get, just yesterday morning or the day before the price was around $7.3k or whatever and everyone was talking about how "bitcoin might go down to $6k before it could go up again" etc etc and looking at the price right now I can say that those people were super wrong, the way how quickly bitcoin rises is insane as well, like 20%+ increase in 24 hours is insane, we have MONTHS without any proper movement and then in 24 hours it gets 20%+ increase all of a sudden.

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October 27, 2019, 06:49:34 AM
 #75

I can't believe the huge increase in the last 24 hours, it is a crazy one and I feel like it was due to happen anytime soon.

I was getting really excited about the purchase I would make on Monday so I could have more bitcoins but now I am super hyped about me selling my bitcoins on Monday Cheesy That is how quickly can bitcoin get, just yesterday morning or the day before the price was around $7.3k or whatever and everyone was talking about how "bitcoin might go down to $6k before it could go up again" etc etc and looking at the price right now I can say that those people were super wrong, the way how quickly bitcoin rises is insane as well, like 20%+ increase in 24 hours is insane, we have MONTHS without any proper movement and then in 24 hours it gets 20%+ increase all of a sudden.

It was unexpected to happen within 24 hours but because of this pump I bet many of us who take advantage the price at 7400$ probably earn by this time.

I thought halving is the event that we've been waiting to somehow change the bearish trend but this suddenly price pump is an indication that anytime the price can go up and down. Who knows before this year end the market will boom again.

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October 27, 2019, 07:49:52 AM
 #76

For the record I never expect anything for Libra it is centralized which most of crypto user doesn't like.
Libra is centralized so no point going for that. Moreover the majot investors of Libra pulled out of it so Zuck is not in a happy mood at the moment. Maybe in future they can give bitcoin a fight, that too if its worthy enough. Wink

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But for the BTC halving I am also expecting it to be the reason for the BTC price to soar high again.
Halving is coming soon so expect some unwelcome movements in the market before it starts. But with each halving price grows organically over a certain range so you can be sure about gains since miners get lesser amounts to dump.

Halloween, Christmas is coming. We will definitely see some profitable spikes at that time. At this point though price is high already so if you missed the low price then its your bad. Hold on to your seat-belts hodlers! Grin

 
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October 27, 2019, 08:19:06 AM
 #77

It was unexpected to happen within 24 hours but because of this pump I bet many of us who take advantage the price at 7400$ probably earn by this time.

I thought halving is the event that we've been waiting to somehow change the bearish trend but this suddenly price pump is an indication that anytime the price can go up and down. Who knows before this year end the market will boom again.

And how many more times are we going to keep seeing Bitcoin do this? Again and again, and people still keep questioning if it can happen or if it will happen. The answer is always: it can and it will.

Patience isn't even needed in great amounts! It happens every few weeks or months!

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October 27, 2019, 08:30:57 AM
 #78

It was unexpected to happen within 24 hours but because of this pump I bet many of us who take advantage the price at 7400$ probably earn by this time.

I thought halving is the event that we've been waiting to somehow change the bearish trend but this suddenly price pump is an indication that anytime the price can go up and down. Who knows before this year end the market will boom again.
Yeah, if you had already invested at 7.4K$ then you are having a good profit now. This sudden pump had astonished many and multiple investors are happy to see this drift in the price. And if the conditions continue to improve like this, I don't think we have to wait for the year's end to see the market boom again. But still, I think considering this pump as the end of the bearish trend would be a haste statement as anything could happen in crypto at any time, though all we can do is hope for the best...

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October 27, 2019, 09:25:52 AM
 #79

Sure it's impossible to say but still... after yesterday hearing i really don't know what to think. Used to be sure Libra entry will boom the market once again but it looks like Libra's not coming shortly.
Is btc halving the most promising ''event'' we are looking forward to (at the moment)?
I don't think that Libra entering in the market would help other cryptocurrencies to increased it's price because a lot of people have doubts in this project that it will not be successful and good as bitcoin. There are a lot of people who believe that before the end of the year most crypto will increased their prices, so don't lose any hopes that you won't get any good profit this year because you will get a good profit for sure.
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October 27, 2019, 11:08:59 AM
 #80

I think crypto will boom again. And I think bitcoin will take the lead to win back the crown of being the king of all crypto. No doubt that it will happen because bitcoin already do that last 2017 was have a very huge bullrun and fall in the whole 2018 and stand strong agian in the first quarter of 2019 so it is possible to happen very soon.
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