WILL CRYPTO BOOM AGAIN?

[suzanne5223]

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.

The market can be predicted but it may pose a different trend base on the level of demand and supply. Although, the whales are the major player of the market but that doesn't mean every trend pose by the crypto market is done by them.

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.

Of course, there's SEC in bitcoin and there's also a lot of countries and governments which still meddling with bitcoin and this the reason why some governments still detest bitcoin.

[posi]

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.

The influence may not last long cause BAKKT is not the first futures contract to be launched in the crypto sphere although it has some uniques features which the previous future (CBOE, CME etc)contract dont have.

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.

When bitcoin halving is approaching the trend of the bitcoin market determine what will happen to the altcoin market.

[Wysi]

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.

Even I was skeptical about the recent market fluctuations and even made some posts advising people not to react to these fluctuations but I think we can make good amount of profit with these volatility because what if the expected bull market never returns even though we have high hopes in bitcoin halving but still we need to be prepared for the worst. I would still say trading during this volatile situation is not everyone's cup of tea but it will be better for seasoned traders and users to get benefited by the fluctuations.

[princerepon]

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)?

Well i have no about altcoin but there is no doubt bitcoin will "boom" soon (hope so). Every time altcoin goes down when bitcoin price drop but at the end bitcoin recover the price but altcoin couldn't. Now days it's really hard to believe that altcoin will rise again. I know many people will say about patient but i have no idea how can a altcoin recover that self if it's already down 99%..?

[Renampun]

all we can do now is wait, wait until the crypto boom again
Libra cryptocurrency and the Chinese state cryptocurrency that will be circulating
I think will make the cryptocurrency market crowded again.

[stadus]

This depends on what you believe but for me, I believe crypto will boom again as I believe on the potential of crypto in the future.
With that said, it's recommended to accumulate when the market is bearish if you want to witness and enjoy the future of crypto.

Bitcoin has reach its ATH last 2017, it was down at $3K+ and we thought it will not recover again, but here are now witnessing btc have its big pump in the past few days and that is a market changer that would help to boost people's belief that crypto especially bitcoin will not be going anywhere.

[Yaunfitda]

all we can do now is wait, wait until the crypto boom again
Libra cryptocurrency and the Chinese state cryptocurrency that will be circulating
I think will make the cryptocurrency market crowded again.

You mean centralised coin like Libra and Yuan back up crypto? I don't see it being a factor or at least will have an effect on the market. I mean Libra has been taking a lot of backlash from governments around the world, although I believed they are going to go live next year, but I doubt it will put a dent on the price positively.

If you look at the previous history of bitcoin, definitely the price can grow exponentially. The thing is that it may take some time though, if you are running out of patience here, then it's better to exit and just come back when the market is booming again. Expect like over a year, after the block halvening, maybe 2021-2022 will be our bull run year.

[bitgolden]

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.

I think that Libra project should even be taking out of many project that we should expect to make the cryptocurrency market to boom again, because even the Libra team have confessed themselves that the project may not hold if they don't get support from regulators which I even think that  it is not only regulators that is their main challenge, but even the end users that they are projecting their product too, so Libra may even be the least of coin right not we should out our mind in.

The main project that everyone needs to support is even bitcoin, because we all know that if bitcoin does well, all altcoins will also do well as we can see the proof recently that there was massive pump of money in bitcoin which made the value of bitcoin that rose to affect virtually all the altcoins that are within the top 200 in the market.

[CoinFoxs]

Well, being a trader I wish to see cryptocurrencies pump again so we can get some profit but when I look at the market conditions my wish turns into MAYBE, the chances are 50% no one is sure about that question because the market crashed badly. So let's hope for best to happen!

[NeironixNV]

Of course it will, really big money has not entered this market yet, so far only hamsters are being shaved, so when large banks enter hedge funds, then there will be a new boom and new heights.

[Yatsan]

Well, being a trader I wish to see cryptocurrencies pump again so we can get some profit but when I look at the market conditions my wish turns into MAYBE, the chances are 50% no one is sure about that question because the market crashed badly. So let's hope for best to happen!

Let's just consider it for a long term basis. Because bitcoin started from nothing and now, we reach this price with just depending on supply and demand. So basically, there's a higher chance that bitcoin will undergo a bull market again. Still, even though it will not, I am sure that the price will be increasing slowly. Because every day, there's a lot of people recognizing bitcoin and investing in cryptocurrency. For a long term basis, I am sure that the bitcoin price will pump.

[agentx44]

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)?

We cannot actually predict when will that most promising event happen that's why it is important that we stay updated on the happenings on the crypto world so that when that happens, we can make the most from it and avoid missing out. We should not be decieved on what we see on the news and trust our belief and hope for crypto. Let us hope that Libra can be crypto's cue on being the most successful and most beneficial investment in the world again.

[janggernaut]

all we can do now is wait, wait until the crypto boom again
Libra cryptocurrency and the Chinese state cryptocurrency that will be circulating
I think will make the cryptocurrency market crowded again.

Libra's era has been ended when it was launched on market. Some were said the pump of bitcoin to above $10k many months ago was because libra coin. But now, when bitcoin was below $7600 it was got pumped to $9600 just in a day, which is market is very unpredictable

[desticy]

In anticipation of a new crypto boom, people cling to any possible catalysts that supposedly in the future will be able to give a boost to the market.

But analyzing the behavior of the market, we can say that it always acts in the opposite direction with respect to those expectations that prevail among people in the market.
Now everyone is looking forward to a new bull race, they have been waiting for a long time, and this is one of the reasons why he will not be in the near future, I am convinced of this.

The libra is a centralized coin, which means that it cannot influence the price dynamics in the market too much. As for the halving, the price after a hawing rises a year later not earlier, and so it was in the past, as it will now be unknown, everything can play in the opposite direction.

[rose9696]

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)?

We should forget about Libra, it's really something far-fetched. it is under pressure from both the government and the public itself, I think it will not be possible to establish in the future when there are too many limits.
only Bitcoin Halving and ethereum 2.0 are really events we should be concerned about.

[adroitful_one]

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)?

We should forget about Libra, it's really something far-fetched. it is under pressure from both the government and the public itself, I think it will not be possible to establish in the future when there are too many limits.
only Bitcoin Halving and ethereum 2.0 are really events we should be concerned about.

I really don't understand all of the hype around Libra anyways. Why do we need a centralized currency, from Facebook of all places(whom we know doesn't care about your personal data) that is pegged to the USD price? Between now and for a little while after the Bitcoin halving, we should start to see a bull market come in to play. That's where my money is right now. I honestly don't care what Facebook does with their currency.

[Clark05]

We hope the upcomimg halving for the bitcoin will be good and the affect or result will turn to the bitcoin very high. You know even Libra will coming soon I don't care about that because that is stable coin does not affect to the bitcoin value because for sure the people will stick to the bitcoin because the price is changes that people can have a chance to earn money that's want really want of the investors.

[BigBos]

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)?

We should forget about Libra, it's really something far-fetched. it is under pressure from both the government and the public itself, I think it will not be possible to establish in the future when there are too many limits.
only Bitcoin Halving and ethereum 2.0 are really events we should be concerned about.

I really don't understand all of the hype around Libra anyways. Why do we need a centralized currency, from Facebook of all places(whom we know doesn't care about your personal data) that is pegged to the USD price? Between now and for a little while after the Bitcoin halving, we should start to see a bull market come in to play. That's where my money is right now. I honestly don't care what Facebook does with their currency.

what I think is, many crypto users are hoping for libra, because that will open the way for cryptocurrency to be accepted in the community, and change the public's view of cryptocurrency. although libra is a centralized coin, it will make people aware that there are so many cryptocurrencies out there, and the best is decentralization. however it can be a plus when people open their minds about crypto, and libra might be able to open it. IMO, there are still many people who do not know the development and benefits of cryptocurrency at this time. most of them see that it's an investment fraud or something else.

[stadus]

Libra is nothing in front of the king, bitcoin.

There is no assurance that Libra will be launch, so let us not compare it with bitcoin yet, if this will be launch, it will launch as a stable coin and centralized one, bitcoin does serve nothing but the majority of people in the crypto space so in the long run, BTC will still win.

[Best Dreams]

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)?

We should forget about Libra, it's really something far-fetched. it is under pressure from both the government and the public itself, I think it will not be possible to establish in the future when there are too many limits.
only Bitcoin Halving and ethereum 2.0 are really events we should be concerned about.

I really don't understand all of the hype around Libra anyways. Why do we need a centralized currency, from Facebook of all places(whom we know doesn't care about your personal data) that is pegged to the USD price? Between now and for a little while after the Bitcoin halving, we should start to see a bull market come in to play. That's where my money is right now. I honestly don't care what Facebook does with their currency.

I am also with you I know it’s a social media era where people trust social media the most so Facebook will try hard promoting their coin. I am having great trust and faith for bitcoin because for me it is the best coin that has the ability to rise up and overcome all lose even in days that’s why yeah,  bitcoin will give a good pump and you will get good news soon about blooming of the market.