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Author Topic: WILL CRYPTO BOOM AGAIN?  (Read 2644 times)
Pamadar
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October 27, 2019, 11:17:59 AM
 #81

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.
Bitcoin will remain as it is, the dominance will continue and with high chance of bouncing to go back from the last high it will bring the market to rise back. Most of the projects that have real usage will comes up and work along with bitcoin, the market right though still unclear and a lots of factors to check before getting with your invested money. Making sure you understand the possibilities and you have your risk management assessment from every position that you'll going to take.
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October 27, 2019, 04:09:10 PM
 #82

The BAKKT increase in daily trading which most of there users support and predicted the price of bitcoin market to surge was one the reason behind the sudden surge in the price of bitcoin market but it just a partial trend and it will be working days before we can actually know the trend the market really pose.
Well, I also read the news in the cointelegraph that says that Bakkt's last trade seems to be making a sharp rise in the price of bitcoin. in fact, the highest increase in bitcoin to date has reached 30%, some news that this price increase could reach/exceed the price of $ 10000. I think Bakkt really does affect the price of bitcoin.

With Bakkt contribution to bitcoin price increase, I am also considering the huge factor of China's government desire to support blockchain and cryptocurrency. On that perspectives, the huge possibilities for bitcoin price surges will attract abrupt demand to withstand generally.
China's population is our hope, once their people enters the world of crypto. And if adoptions takes place in their county, it would help btc price to grow increasingly.
The BAKKT does a wonderful contribution to the current surge in the price of the crypto market but you need to understand that everything that has an advantage must also have a disadvantage. Mind you, BAKKT is a future contract platform and is also among what causes the dump in the price of the market in the first place.
Meanwhile, the Chinese government only desire support/endorse blockchain and detest cryptocurrencies but that may change after they implement their national crypto.

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October 27, 2019, 04:18:15 PM
 #83

Yes, we had a very strong pump at the beginning of the 25th and that capitalization amounted to more than $ 40 billion.
Our market is really growing because the Chinese government has just announced it will support cryptocurrency and especially their country's businesses.
That is why Chinese people are using their money to pump coins before the market goes into bull run.
Crypto are really surprising so when we look at the bitcoin price it touches above $9k. With the news comes from China is a good sign at least that there’s a good effect on the market. Indeed, I am positive about it that the market will grow and will boom again.
we need more good news again to make new boom in bitcoin and altcoin price.in previous statement i think china' president no specifiec mentioned bitcoin.he said government must focus on blockchain developtment.i hope next statement about cryptocurrency legalization.so we will see higher price and  confidence again.
The Chinese government value and respect the blockchain and cryptocurrency concept but I don't see them making a good statement about bitcoin and other altcoin now or in future because they think crypto will make their national currency obsolete which was the reason they slightly ban crypto.

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October 27, 2019, 04:58:09 PM
 #84

 Of course but it takes time . Because you know there's still some factor that keep pulling down the growth reason also why market now become unpredictable.  But don't lose hope it will never last as long it still showing a strong support. Expect more progress in the future instead ! Because despite of the current situation for sure cryto still have a potential to boom always after all the worst ..just put more patience because that's the requirements when it comes doing trading and etc.
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October 27, 2019, 06:39:00 PM
 #85

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)?
Talking of cryptocurrency now, I don’t that we need to start individualizing them and not generalizing them the way we use to do, so I would say that for bitcoin, I am sure that bitcoin will surely boom again because this coins looks like it is the only coin that people are relying more on for now, and the dominance is really growing because people prefer to just use it more for their transactions and for their trading.

Other cryptocurrencies, I don’t know if I should say that their days are numbered because I don't really see what will make them boom again after scammers has already destroyed the trust that people initially have in ICO that has been a catalyst for altcoin market, but I am still not sure if halving is enough to be a catalyst for these coins.

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October 28, 2019, 02:49:21 AM
 #86

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.

Not totally soon , instead we can say at the future, remember that bitcoin just fall last year, it dump a huge price, and as of now the current state of bitcoin is still recovering. So we cant totally say that we will meet or have a bullrun as of now since we only have 2 months left. Welcoming the 2020 maybe on 2020 we can say or even predict that bitcoin will pump. Patience is the key that matters the most.
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October 28, 2019, 06:35:28 AM
 #87

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.

Not totally soon , instead we can say at the future, remember that bitcoin just fall last year, it dump a huge price, and as of now the current state of bitcoin is still recovering. So we cant totally say that we will meet or have a bullrun as of now since we only have 2 months left. Welcoming the 2020 maybe on 2020 we can say or even predict that bitcoin will pump. Patience is the key that matters the most.
For everybody must know, actually will need time for bitcoin to change trend. What man above me said actually it is true, we can't totally decide that bull trend or bear trend is happen in this time. Bitcoin itself as we know still mostly stable, if dumped little hard only need short time after it to recover again. If me it is better to keep look at it, when bull trend come, usually people must already know.  

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October 28, 2019, 07:46:02 AM
 #88

Yes, Crypto will boom again at some point. The total crypto market is nearly 2x since the start of the year. However if you look at it, you might be leaving money on the table if you're waiting for a parabolic run like we had in 2017. You can take advantage of these swing lows and swing highs and profit on the go. It's a certainty than a crypto bull run is imminent but no one knows when. For Bitcoin, I would say 2020. Just around the time of bitcoin halving but an altseason, I'm not sure.

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October 28, 2019, 10:10:41 AM
 #89

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)?

It will surely though. There a still a long way to go for crypto specifically for bitcoin to reach zero. Besides many people are still are not aware of Bitcoin specially the potential it possessed. Although there are Governments who are against it because that is their total enemy bitcoin never backed down nor been dumped away. Thus it will spike up to the top surely later on.
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October 28, 2019, 10:56:19 AM
 #90

The BAKKT increase in daily trading which most of there users support and predicted the price of bitcoin market to surge was one the reason behind the sudden surge in the price of bitcoin market but it just a partial trend and it will be working days before we can actually know the trend the market really pose.
Well, I also read the news in the cointelegraph that says that Bakkt's last trade seems to be making a sharp rise in the price of bitcoin. in fact, the highest increase in bitcoin to date has reached 30%, some news that this price increase could reach/exceed the price of $ 10000. I think Bakkt really does affect the price of bitcoin.
Though BAKKT has been launched recently, I guess hardly it is a few months old but this exchange has been observed influencing the prices of bitcoin significantly. If bitcoin is getting affected, it clearly means that rest of the currencies in the crypto market would also be showing increase in the values. The next year is going to be great one for the investors and holders especially the later half will be full of surprises.
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October 28, 2019, 11:00:15 AM
 #91

With each pump, the next boom becomes more unpredictable. This once again proves that the market cannot be predicted. At least, personally, I think that in the next couple of years there will hardly be a new pump, but time will tell.

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SvonioneFromMangoCoinz
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October 28, 2019, 11:45:51 AM
 #92

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 undoubtedly a major event and helps the market grow. but soon it is an ethereum 2.0 event that will take place in January 2020. If it is a successful one, I believe that Ethereum will attract more investors to the market.
Besides, I also hope that the Chinese government will soon have financial support for the crypto market.

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October 28, 2019, 12:05:21 PM
 #93

Yes, there is no doubt from me that Bitcoin surely will boom, and BTC halving is the next big event that can change the whole crypto scenario into good condition! History says after every Bitcoin halving, its price went to the moon, so it will repeat again!

Bitcoin is gonna hit 100K usd
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October 28, 2019, 01:20:10 PM
 #94

Of course but it takes time . Because you know there's still some factor that keep pulling down the growth reason also why market now become unpredictable.  But don't lose hope it will never last as long it still showing a strong support. Expect more progress in the future instead ! Because despite of the current situation for sure cryto still have a potential to boom always after all the worst ..just put more patience because that's the requirements when it comes doing trading and etc.
We all know that digital market is a volatile one and the asset that it depends on is the most volatile one in nature so far. What amazes me is not that people still don’t get the fact that bitcoin is highly fluctuating in nature but that people still doubt its survival skill. If someone still doubts it potential after a decade, he does not deserve bitcoin at all. The king holds a bright future and so does the market.
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October 28, 2019, 02:06:05 PM
 #95

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 am optimistic about the growth of market and we will surely see boom in altcoins soon as the chances have increased with increase in bitcoin price and alts have also followed the rally with pump in prices so be postive about it.Next year halving can pump prices so who knows what happens next in this volatile market.
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October 28, 2019, 03:01:03 PM
 #96

Who you think can answer this?
Bitcoin just saw a jump of almost 30% and no one has a reason to justify it. This shows how unpredictable the market is. Don't lose on other opportunities by waiting for the "BOOM" like 2017. We might not see a growth in triple digits but you can multiply your returns by taking leverages (but be cautious when trading with leverages). Try to make the best out of the present volatility. If you are in for long term. stay in BTC till the next halving. Past trends have shown that halving is usually followed by an uptrend.
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October 28, 2019, 04:04:24 PM
 #97

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 one of the exciting events in the year 2020 because after the halving the price might pump or might hit a new all-high price just like what happen in the year 2016 where there is a halving and in the year 2017 where the price hit the 20,000$. I do not see any connection in Libra and in the booming of the market and as of now, we do not know if LIbra will really have a great future just like bitcoin and others top-rank cryptocurrency.

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October 28, 2019, 04:11:25 PM
 #98

Is btc halving the most promising ''event'' we are looking forward to (at the moment)?
I don't know about Libra's effect on the market, but the halving can always have an influence.  I have always thought the halvings are priced into bitcoin's price well before they happen, but I don't know.  Last time the increase happened before the actual halving occurred if I'm remembering right.  That might be the case right now.

Yes, crypto will boom again.  We've gotten a taste of it in the past 2 days and it's nice. 

Bitcoin just saw a jump of almost 30% and no one has a reason to justify it.
Scary, isn't it?  This is what makes hodling bitcoin so stressful, but luckily I am not fixated on its price moment by moment.  I check it maybe a couple of times a week and don't look at my holdings much. 
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October 28, 2019, 05:01:16 PM
 #99

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 reminding , Libra will not make any affect to crypto market for sure.
yes, btc halving is the most promising on 2020 , but we still on 2019 and i guess, Nov and Dec still have a good story, since what happened on last week  Grin .
well, lets make a hope , donald trump will do the same thing like chinese president.

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October 28, 2019, 05:47:08 PM
 #100

Market can't be predicted because whales can do whatever they want, the regulations not being bothered on bitcoin does mean that people could do whatever they want.

There is no "SEC" in bitcoin and there is no other country meddling with bitcoin neither so in the end bitcoin is untouched by any governmental branch so if you want to buy 1 million dollars worth of bitcoin today, there is no law that says you can't do that or if you want to sell 1 million dollar worth of bitcoin then there is nothing that says you can't that neither. This is why bitcoin doesn't really have a predictable future, anyone can do anything and we just have to face the reality that it will be really doing whatever it wants and we can't do anything about it. Price to pay for decentralization I guess.

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