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Author Topic: WILL CRYPTO BOOM AGAIN?  (Read 2644 times)
syamster
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October 31, 2019, 09:01:41 PM
 #121

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.

it does not make any sense to compare Libra with bitcoin because bitcoin has much more strong roots in crypto world as compare to Libra, as uptill now only few people using Facebook know about Libra while the rest of the people even do not know about this coin, and nobody knows that whether Libra will maintain and survive after its launching or not, while everyone is sure about the survival of bitcoin and everybody knows that bitcoin will always be first in the market.

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October 31, 2019, 09:12:13 PM
 #122

Well yes i think a new boom will come but not this year, a new high price for crypto can come next year or after more time, now we not have enough money to make price go high.

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October 31, 2019, 09:16:47 PM
 #123

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)?
Like you said no one knows. You can never predict when it is going to happen. Well, you can predict, but then again, there are those external unseen events that might make things go against your prediction. Like you said, people predicted that the price is going to rise due to Libra. But no one expected Libra to go away this way. Thus no "boom" took place making your prediction totally wrong!

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October 31, 2019, 10:39:05 PM
 #124

Well yes i think a new boom will come but not this year, a new high price for crypto can come next year or after more time, now we not have enough money to make price go high.
No, those whales are waiting at right time to jump on market once it's got pumped (after halving), currently it's seems they invested their money on other kind of investment. And they are also will dump once pump already ended and make price falling again.
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October 31, 2019, 10:59:57 PM
 #125

We are still in the early period of adoption, and I believe the crypto will really boom again, it maybe not in this year  but time will come when almost all countries will begin to adopt and will regulate the use of it. Some country are seeing its advantage while others are still closing their mind for crypto, but still we are just starting, so we should not lose hope.
Yes it will on that far that the cryto will start to boom again, But the question is on when will be start it comes months or years begin. Maybe it should need for us to wait on that happen because their are time also crypto will be boom quickly. And well if we have believe in crypto we cannot lost our hope and we still continue earning while waiting the part of crypto be boom again.

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October 31, 2019, 11:04:35 PM
 #126

Well yes i think a new boom will come but not this year, a new high price for crypto can come next year or after more time, now we not have enough money to make price go high.
No, those whales are waiting at right time to jump on market once it's got pumped (after halving), currently it's seems they invested their money on other kind of investment. And they are also will dump once pump already ended and make price falling again.

whales waiting good moment and good news before they pumped marker.in steady market,they thing difficult to manipulate market.bitcoin price this year still moved in limited range only,maybe before halving it will start rise smoothly and whales will come again to market with bigger money in their pocket.we should not worry if whales not coming,maybe price will rise naturally and its better for crypto.

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October 31, 2019, 11:33:30 PM
 #127

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)?

The expected boom is really uncertain. I expect that the called of Chinese President Xi Jinping that the country should "seize the opportunity" of bitcoin's blockchain technology will create a huge impact or positive approach to the market that will trigger the bullish run but it seems like no effect at all too so i really wonder of what the Crypto market really need to make the market to boom again.
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November 01, 2019, 04:33:38 AM
 #128

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)?
Yep, I believe the price will increase anytime from now, maybe around December this year. The price has been going from $7000 to $9000 and back, so there is a possibility that it will break that limit very soon and go up. Experts have been predicting there will be a bull run but we don't know when exactly, if it's not going to be this December then it will be around the halving time (before or after halving).

As for Libra, I don't think that would be possible, Mark Zuckerberg hinted that Facebook is withdrawing from Libra and lots of organisations that were part of the Libra association have all withdrawn, PayPal was the first to pull out, followed by the others like eBay, and others that I can't remember their names. Libra would have been big if it happens to be a success, but it will have no effect on bitcoin because they are both separate. Bitcoin has nothing to do with that, and will grow without it.

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November 01, 2019, 04:41:20 AM
 #129

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 think of China adoption as one of the important factor too for crypto booming again. Chinese president's speech brings us closer to reconsidering cryptocurrency to be opened again publicly in china and unbanning all the crypto related exchange. China as one of the most interested country in investing to cryptocurrency in asia will somehow boost the market during massive purchase of the chinese people.
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November 01, 2019, 05:59:23 AM
 #130

Is btc halving the most promising ''event'' we are looking forward to (at the moment)?

Bitcoin technology is unique, the first from its kind, the king of crypto, if bitcoin rise, so does other alts and vice versa.
The underlying technology of bitcoin makes sure that the price will increase over time, no need to have "boom" which will end to another crash and the bearish market for years like happened in 2018. But, it's inevitable, whenever a huge influx of money comes to crypto market, the bullish takeover and rules the price, all we have to do is prepare for the crash after bitcoin reach a new ATH. Halving will affect bitcoin price significantly, yes it's the most awaited event in 2020.
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November 01, 2019, 01:23:13 PM
 #131

I think this was just one of the increases, there will be another increase not too long from now, I don't know when and I don't know how and I have certainly no clue why people say there is one when it happens (people make up reasons all the time whenever bitcoin goes up or down) but I know that the price will go up once again.

Looking at the difficulty and the hashrate there is absolutely no way bitcoin price stays the same when halving happens, there is two possibilities either the big miners will mine no matter what while making a loss in order to get small miners away and make them stop their equipment or the price will definitely go up a lot.

If the price doesn't go up and big miners mine for a loss then small miners will only close their equipment while its unprofitable and will open back up as soon as its profitable so I feel like price going up is a more realistic approach.

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November 01, 2019, 02:20:17 PM
 #132

Well yes i think a new boom will come but not this year, a new high price for crypto can come next year or after more time, now we not have enough money to make price go high.
No, those whales are waiting at right time to jump on market once it's got pumped (after halving), currently it's seems they invested their money on other kind of investment. And they are also will dump once pump already ended and make price falling again.


Most of the crypto traders are waiting for the market recovery and once it starts recovering most of the whales will join the market to increase the altcoin prices. So people are eagerly waiting for the altcoin price recovery when it starts pumping they will start dumping the prices again.

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November 01, 2019, 03:02:23 PM
 #133

I believe so, crypto or bitcoin’s popularity is increasing which means that more and more people are interested and wants to know crypto is, with this we should expect an increase in adoption thus, there will be a time that crypto will surely boom once adoption increases. We have to be patient and trust that bitcoin will boom again, it already happened in the past which made bitcoin known and i’m sure will have the same scenario as well, just wait a little longer.
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November 01, 2019, 06:44:39 PM
 #134

I think this was just one of the increases, there will be another increase not too long from now, I don't know when and I don't know how and I have certainly no clue why people say there is one when it happens (people make up reasons all the time whenever bitcoin goes up or down) but I know that the price will go up once again.

Looking at the difficulty and the hashrate there is absolutely no way bitcoin price stays the same when halving happens, there is two possibilities either the big miners will mine no matter what while making a loss in order to get small miners away and make them stop their equipment or the price will definitely go up a lot.

If the price doesn't go up and big miners mine for a loss then small miners will only close their equipment while its unprofitable and will open back up as soon as its profitable so I feel like price going up is a more realistic approach.
i am not really sure about another boom coming next.

this kind move happens once in a while , we can see it the similar thing happened in the last big movement where the sudden move up did not happen twice thrice or so.
bitcoin style is one big punch staright , i mean like in 2016/2017 where it moving from $500 to $5000 real quick at once within a week.
can we go through this market swing now and get another boom? i don't think so.

too early for bitcoin halving warming up , the support is just too weak at least for now.
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November 01, 2019, 06:51:49 PM
 #135

Yes Bitcoin Halving is now the long-awaited event and for sure in the coming Mah 2020 we will see a gradual increase in bitcoin and no one can stop it. So now just invest in bitcoin and buy more because it's sure to increase in price just like the previous bitcoin halving in 2017.
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November 02, 2019, 03:53:55 PM
 #136

I think this was just one of the increases, there will be another increase not too long from now, I don't know when and I don't know how and I have certainly no clue why people say there is one when it happens (people make up reasons all the time whenever bitcoin goes up or down) but I know that the price will go up once again.

Looking at the difficulty and the hashrate there is absolutely no way bitcoin price stays the same when halving happens, there is two possibilities either the big miners will mine no matter what while making a loss in order to get small miners away and make them stop their equipment or the price will definitely go up a lot.

If the price doesn't go up and big miners mine for a loss then small miners will only close their equipment while its unprofitable and will open back up as soon as its profitable so I feel like price going up is a more realistic approach.
i am not really sure about another boom coming next.

this kind move happens once in a while , we can see it the similar thing happened in the last big movement where the sudden move up did not happen twice thrice or so.
bitcoin style is one big punch staright , i mean like in 2016/2017 where it moving from $500 to $5000 real quick at once within a week.
can we go through this market swing now and get another boom? i don't think so.

too early for bitcoin halving warming up , the support is just too weak at least for now.
So you mean we should wait for future to tell? That would do no good to us. Better would be to learn and understand the digital market instead of wasting time waiting for the boom to happen and then regret when that happens. It is nowhere near to early. Honestly, bitcoin has already come a lng way and it holds far brighter future than any other asset and currency. Invest in bitcoin. It has the habit to not disappoint.
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November 02, 2019, 07:17:32 PM
 #137

I think that here and now is the time to get into cryptocurrency. For most of us, its too late to get into bitcoin. But I believe we are only entering the first years of cryptocurrency right now. I think we are on the ground level.

Every single day you read the news about some new blockchain being formed. Banks, corporations, even entire countries are adopting cryptocurrency.

Warehouses are using blockchain technology to manage and track product movements. It is just growing more and more every day.

I think that soon we will be paying for goods and services using crypto and an app on our cell phones. Scan your phone at the checkout isle of the local grocery store or at a vending machine and you are done.

I think that those who learn about it now and invest when its young, will be the new millionaires and billionaires in a few years.
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November 03, 2019, 12:39:50 PM
 #138

Be leery of people that seem out of touch with the world. Crypto currency is far from being on the ground level. There are people here trying to sway you into thinking that investing in brand new, me-too type coins with no track record is a good way to invest your money. The chance of any coin startup being successful long term is less than 1%. You would have a better chance making money playing roulette. Watch out for those people using qualifying phrases such as; "could be", "expected to be", "planning to", "hoping to", "praying that" and on and on. Check the coin's history. What gives it value? If you find its backed by hopes and dreams, desires and wishes then you are better of finding another coin.

With the thousands upon thousands of me-too type crypto currencies, the market is over saturated. Bitcoin will be the measuring stick for all of them and it is hard to imagine any other coin rising to its level or beyond. What is far more important is the block chain. The truth is nearly all government sanctioned currency is electronic but in centralized form. I can see a day where legal tender is put into a decentralized block chain just for the accounting benefit. I see block chain as a electronic accounting ledger where it's past can't be altered or erased. I don't see the act of block chain mining being used to put more currency into the system. You don't see governments using mined metals anymore so it's doubtful they would return to the same idea only in electronic form.

Bottom line. Crypto currency is still an experiment and for those skilled enough to know how to make money out of it, are the ones the prosper. All the rest are coattail riders. ie. me-too's!
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November 03, 2019, 12:47:10 PM
 #139

I think this was just one of the increases, there will be another increase not too long from now, I don't know when and I don't know how and I have certainly no clue why people say there is one when it happens (people make up reasons all the time whenever bitcoin goes up or down) but I know that the price will go up once again.

Looking at the difficulty and the hashrate there is absolutely no way bitcoin price stays the same when halving happens, there is two possibilities either the big miners will mine no matter what while making a loss in order to get small miners away and make them stop their equipment or the price will definitely go up a lot.

If the price doesn't go up and big miners mine for a loss then small miners will only close their equipment while its unprofitable and will open back up as soon as its profitable so I feel like price going up is a more realistic approach.
i am not really sure about another boom coming next.

this kind move happens once in a while , we can see it the similar thing happened in the last big movement where the sudden move up did not happen twice thrice or so.
bitcoin style is one big punch staright , i mean like in 2016/2017 where it moving from $500 to $5000 real quick at once within a week.
can we go through this market swing now and get another boom? i don't think so.

too early for bitcoin halving warming up , the support is just too weak at least for now.
So you mean we should wait for future to tell? That would do no good to us. Better would be to learn and understand the digital market instead of wasting time waiting for the boom to happen and then regret when that happens. It is nowhere near to early. Honestly, bitcoin has already come a lng way and it holds far brighter future than any other asset and currency. Invest in bitcoin. It has the habit to not disappoint.

For sure it doesn't mean to wait for more longer months if you can't do that and it's up to your decision if you want to risk to wait for the halving or immediately cashout whenever you receive a profit.  But remember many people think positive about it and you cannot earn huge money if you don't risk a cent on it.

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November 03, 2019, 01:21:57 PM
 #140

I think this was just one of the increases, there will be another increase not too long from now, I don't know when and I don't know how and I have certainly no clue why people say there is one when it happens (people make up reasons all the time whenever bitcoin goes up or down) but I know that the price will go up once again.

Looking at the difficulty and the hashrate there is absolutely no way bitcoin price stays the same when halving happens, there is two possibilities either the big miners will mine no matter what while making a loss in order to get small miners away and make them stop their equipment or the price will definitely go up a lot.

If the price doesn't go up and big miners mine for a loss then small miners will only close their equipment while its unprofitable and will open back up as soon as its profitable so I feel like price going up is a more realistic approach.
i am not really sure about another boom coming next.

this kind move happens once in a while , we can see it the similar thing happened in the last big movement where the sudden move up did not happen twice thrice or so.
bitcoin style is one big punch staright , i mean like in 2016/2017 where it moving from $500 to $5000 real quick at once within a week.
can we go through this market swing now and get another boom? i don't think so.

too early for bitcoin halving warming up , the support is just too weak at least for now.
So you mean we should wait for future to tell? That would do no good to us. Better would be to learn and understand the digital market instead of wasting time waiting for the boom to happen and then regret when that happens. It is nowhere near to early. Honestly, bitcoin has already come a lng way and it holds far brighter future than any other asset and currency. Invest in bitcoin. It has the habit to not disappoint.

For sure it doesn't mean to wait for more longer months if you can't do that and it's up to your decision if you want to risk to wait for the halving or immediately cashout whenever you receive a profit.  But remember many people think positive about it and you cannot earn huge money if you don't risk a cent on it.

Nowadays, cashing out some small profits was a rampant scenario, that I noticed not just for holders but also for lots of day traders who haven't get good gains since the last time bull run during 2017. I guess it wasn't easy to wait for long months just to make your profit grow amazingly, so if we're risking out that money always think big and avoid any hesitations because that's number one reason why a person fails with their goals.

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