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Author Topic: WILL CRYPTO BOOM AGAIN?  (Read 2644 times)
CCMcapitol
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November 03, 2019, 07:19:36 PM
 #141

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.
I agree but here's the thing.
Banks, corporations, countries etc may adopt crypto currency, however, only from a coin/exchange that has proven itself not to be a scam.
When coins enter the market in general, from shady creators who use unproven fly-by-night unregistered exchanges, experience several restarts, do not show codes, or full names of those that are involved with said project, dodge questions that are legit, never do what they claim they are going to do in a timeline they claim they will do it in, over inflate the value of their own coin and scam alerts are posted on said coin, it gives those legit, professional start-ups a bad name. Then it becomes Buyer Beware and only a fool would invest in such a thing.
I think overall if those that are straight shooters and honest can work hard and follow a real business plan, stick with it instead of abandoning a project in a week, then yes, it has a chance.
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November 03, 2019, 07:43:59 PM
 #142

You did not even mention the Chinese Cryptocurrency project and I think you are seriously underrating it, the Chinese are one of the pioneers of Cryptocurrencies and as one of the most populous nations in earth, they have a lot of investors and many of them are just waiting for the green light to dive into the Cryptocurrency market, yes the Facebook project doesn't look like it would be launching anytime soon but just like we didn't expect the news from China, anything can happen at anytime, just bear that in mind. I think the boom is coming.

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Faxmate
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November 03, 2019, 08:26:57 PM
 #143

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.
no one knows for sure when the price of crypto will boom again, but we have strong information about it like halving, ETH 2.0, even libra from facebook. So far there has not been a significant increase in altcoin, but it looks like crypto prices will not be so booming for this year, but that will show good things for 2020 to come.

Only the future will tell, it is really too early for now to predict, as of today the market is really awesome and we can say that the adoption is increasing day by day and we are having a good price, but still we don't know what will happen tomorrow or in the upcoming months so we should be careful when we want to invest
We shall simply keep supporting bitcoin in order to see significant increase in the values of all crypto currencies. The current little increase in the values of bitcoin is surety that it is on way to great pump. If we see the history of all pumps in the market so far, they begin with the slight increase in the values of bitcoin. I am all confident that in 2020, bitcoin is going to increase its price to 15k to 18k near future or even will increase more.
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November 04, 2019, 06:59:11 AM
 #144

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.

Well that's true also if you can't invest a huge money you can not earn a huge profit also, those prediction can wait also. As soon as crypto still alive and almost running a years.

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November 04, 2019, 01:59:41 PM
 #145

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.
The amount that traders can make during dip depends on two things; asset they are holding and its volatility. Other than that, this is also a matter of what type of trading someone is doing and his skills. A skillful day trader dealing with bitcoin can make sufficient amounts of profits but for others, it might not be the case. Moreover, dips are here for providing the chance to increase the amount of coins.

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November 04, 2019, 02:47:37 PM
 #146

of course, many people are waiting for halving bitcoin to come, usually before halving bitcoin there is a high surge up to 1x-3x like 2016. I think when finishing halving bitcoin there will be a boom like 2017.
if Libra is launched it will not have a significant increase effect compared to halving bitcoin.
We all just have optimistic speculation but never think that it came into reality. I likewise never stand and keep looking for more pumps but instead, I will just enjoy the moment that the market seems to be like what we have today. Cause I don't consider that the market is on the bearish, in fact, we are still in $8k-$10k range which means that prices are in good shape. I don't think that we need a high price for big profits but what we would like to see is that the market remains calm and have a sustainable market demand.

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November 04, 2019, 03:28:43 PM
 #147

We are all waiting for a bitcoin halving, but we cannot say for sure what it will bring.
The problem is that after halving, the rewards will be halved, and if you look at the current hash rate, it will grow tirelessly.

All-time record highs have recently been recorded. Therefore, the complexity of mining increases.
Old maneuvers will work as long as the price of bitcoins is above $ 7500, but what if you do not fall below 7000? In addition, two past halving show that the price of bitcoin begins to rise only a year after this event.

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November 06, 2019, 03:29:14 AM
 #148

Yes, I think that digital currency is going to make a huge comeback and very soon. When the first crypto, Bitcoin was created, a lot of factors were omitted, for instance the volatility of this particular coin. There are however current coins which are coming up and are created with the intention of solving issues that were ignored while the first coins were created.
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November 06, 2019, 06:08:45 AM
 #149

The adaptation of cryptocurrency is kept increasing so there is a huge chance the crypto to boom again in the coming, now it is trendy for the Bitcoin because the dominance of Bitocin makes the altcoins to the fluctuation of the current values. So we shouldn't lose our hopes definitely we are going to see the growth of the altcoins in the coming days.

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November 06, 2019, 06:56:43 AM
 #150

I could literally feel it building up but then again, it could just be my imagination, the Chinese Government has announced their support for Cryptocurrencies and I think some other countries would follow suit and if the Chinese Cryptocurrency turns out to be a huge success, other countries might emulate it and advertise it to their people , this means more and more people entering the Cryptocurrency space and can only spell good things, add that to the bitcoin halving that's fast approaching and some other news that we don't know yet but might come suddenly and rock our world, I think it's imminent but don't take that to the bank.

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November 06, 2019, 07:06:09 AM
 #151

You did not even mention the Chinese Cryptocurrency project and I think you are seriously underrating it, the Chinese are one of the pioneers of Cryptocurrencies and as one of the most populous nations in earth, they have a lot of investors and many of them are just waiting for the green light to dive into the Cryptocurrency market, yes the Facebook project doesn't look like it would be launching anytime soon but just like we didn't expect the news from China, anything can happen at anytime, just bear that in mind. I think the boom is coming.

Yeah china is developing blockchain based technology i think because the people hype with cryptocurrency is really big from china, big investors and many whales having a nest in china. And i think then they have a massive move together, the market will follow their desire. Years before china is really strict with cryptocurrency and make it illegal in their country, but lately china's goverment is start to realized the potential of blockchain and cryptocurrency so rather than banning it, they will make something useful from it.
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November 07, 2019, 02:16:55 AM
 #152

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)?
What do you understand by booming? During this year bitcoin reached almost 4x its lowest price and it is currently close to 3x, bitcoin is no longer worth one dollar to allow for 100x to happen, what we got during this year was a repetition of 2017, the scale was smaller but it was still a good recovery, asking even more from the market is nothing but greed and that kind of thinking can get you in trouble since the only way to get more profits than that is to invest in icos and that is not recommended.
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November 07, 2019, 07:48:46 AM
 #153

Necessarily will be. I think we have to wait a year and a half. After this, regular injections of money from very large players will begin.
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November 07, 2019, 07:58:01 AM
 #154

year and a half ? thats too  long and why wait for that long just to see a big boom ? when you can just sell and take profits if ever there is a small pumps  . that is more worth it than waiting for too long but still dont guarantee if there will be a huge pump   .  remember the year 2017 ? the prices of crypto just pump naturally in a short time span  .  so i think the same act can still happen either this year or on the next few months by next year  .  investors can always come whether if the price is small or big , thats for sure  ....

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November 07, 2019, 01:27:30 PM
 #155

year and a half ? thats too  long and why wait for that long just to see a big boom ? when you can just sell and take profits if ever there is a small pumps  . that is more worth it than waiting for too long but still dont guarantee if there will be a huge pump   .  remember the year 2017 ? the prices of crypto just pump naturally in a short time span  .  so i think the same act can still happen either this year or on the next few months by next year  .  investors can always come whether if the price is small or big , thats for sure  ....



We can wait but the question is "until when?".Everyone of us want to boom the market as the same way back last quarter of 2017. Some of us expect a huge pump but we have nothing to do about it and wait for that time. Nowadays, most of users as well as those investors want a win game situation as they will want a good and legit projects to have a profit in the future. I'm just hoping that it will not take too long of waiting as I'm holding some of coins here in crypto currency community.
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November 07, 2019, 02:17:55 PM
 #156

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 there is an upcoming halving will happen, don't expect too much if Libra entry will boom. My suggestion right now is just focused on what you are doing right now to earn, like trading or investing and just wait what happens after Libra will enter crypto. I don't also want to expect more. As of the moment I see that bitcoin value is struggling to rise and I think that's normal since there is no huge investors are coming now.
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November 07, 2019, 02:40:22 PM
 #157

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 there is an upcoming halving will happen, don't expect too much if Libra entry will boom. My suggestion right now is just focused on what you are doing right now to earn, like trading or investing and just wait what happens after Libra will enter crypto. I don't also want to expect more. As of the moment I see that bitcoin value is struggling to rise and I think that's normal since there is no huge investors are coming now.

You are wrong mate, there is next halving which will happen in 189 days from now, you may refer here for countdown: https://www.bitcoinblockhalf.com/ . For the Libra, those who understand well, for sure will know that Libra is good for mass adoption, but it is not good way for investment as it is just treated as stable coin, and it will be not Bitcoin at all.

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November 08, 2019, 06:23:22 AM
 #158

According to Roger anything is possible:

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Don't think it can't happen again.
Don't think you have any moral duty to obey either.

any boom will occur, it just need the sentimental to boom, then we will see
there are many expectations lately to reach this next boom,
we may see that, but as crypto market is crystal clear ( Cheesy Cheesy, as we all know) we should wait for whales to make their moves
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November 08, 2019, 07:56:21 AM
 #159

year and a half ? thats too  long and why wait for that long just to see a big boom ? when you can just sell and take profits if ever there is a small pumps  . that is more worth it than waiting for too long but still dont guarantee if there will be a huge pump   .  remember the year 2017 ? the prices of crypto just pump naturally in a short time span  .  so i think the same act can still happen either this year or on the next few months by next year  .  investors can always come whether if the price is small or big , thats for sure  ....
We can't be so sure. And about sell and take profits from here and there, well, not everyone has the knowledge and guts to do so. Some of them just patiently waiting for the next "boom". And missed a lot of trains.

It can happen sooner or later. But regarding halving, I think whales are waiting for the very right moment to get in the market. As you are expecting a crypto boom. Booom! Anything's possible at this point. We won't know unless we get there, and we will get there at the end of the day.
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November 08, 2019, 08:12:26 AM
 #160

I think crypto will boom again and again, of course not all the altcoins, but BTC and many others for sure.
I'm also expecting the centralised coins to go down and to see completely new guys on the top of coinmarketcap at some point.

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