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Author Topic: WILL CRYPTO BOOM AGAIN?  (Read 2642 times)
jamesndungu1
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November 16, 2019, 02:31:51 PM
 #181

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)?



If talking will Halving affect the price of Bitcoin, of course, there will be an increase. but if you talk about cryptocurrency which covers altcoin too I'm not sure. Even though there are still many people who hold Altcoin and hope that the coins they hold will also soar high as the price of Bitcoin. Speaking of Libra it seems like it's just a decoration to enliven the crypto world I guess, but its not sure will be realized.

Yeah i think bitcoin price will increase very high but it different with altcoins, usually altcoin price will bleeding when bitcoin price exprienced a big rise, so we should avoid holding much altcoin when bitcoin price is increasing high. And for the libra statement, i don't think that's just a decoration because it's from facebook, and i'm sure they won't playing around with this kind of system, they're just not preparing anough for the launch and i think it's also immediate, they need more time to prepare everything before launch

I'm currently accumulating more altcoins, There are some major developments in the crypto space with digital assets being created every day to solve the challenges in the current financial world in order to move towards modern day technology. One of the major issues plaguing majority of early coins is volatility, but we have seen solutions to the issue being introduced every day. I am talking about the creation of stable coins backed by real assets and institutional investors. With stability in the market, I believe that there is a good chance the whole world will finally embrace blockchain technology and cryptocurrencies as an improved payment system.
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November 16, 2019, 04:38:40 PM
 #182

Sure crypto will boom again, never erase that belief in your mind as crypto has struggle a lot of times but recovered and still here.
The entire marketcap of crypto is over $200 billion, so basically we can consider that as a big money already playing in the market.

just be patient, its just a matter of time and everything will be back to normal.

Now what's the normal market status?

This depends on what you believe, for me the normal market is a bullish market where not only bitcoin has a chance to grow but altcoins as well.
Agree, 237billion cap is a significant amount of $. It's just a matter of time...
Cheering for alts too (XLM, NEO, EOS, NWC)
That amount is increasing with the passage of time. Within a decade, crypto coins have really touched a high value. Lets just not forget the conditions too under which such a progress has been made. Now that they have become famous, it will be gaining 500 billion dollars within next decade. Boy, that is a huge value. Actually, a whole decade is more than enough time and this market will be 1 trillion blearier than anyone can predict.

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November 16, 2019, 04:42:45 PM
 #183

Sure crypto will boom again, never erase that belief in your mind as crypto has struggle a lot of times but recovered and still here.
The entire marketcap of crypto is over $200 billion, so basically we can consider that as a big money already playing in the market.

just be patient, its just a matter of time and everything will be back to normal.

Now what's the normal market status?

This depends on what you believe, for me the normal market is a bullish market where not only bitcoin has a chance to grow but altcoins as well.
Agree, 237billion cap is a significant amount of $. It's just a matter of time...
Cheering for alts too (XLM, NEO, EOS, NWC)
That amount is increasing with the passage of time. Within a decade, crypto coins have really touched a high value. Lets just not forget the conditions too under which such a progress has been made. Now that they have become famous, it will be gaining 500 billion dollars within next decade. Boy, that is a huge value. Actually, a whole decade is more than enough time and this market will be 1 trillion blearier than anyone can predict.

yeah yeah its the market cap you guys are talking about but the the topic here is asking about if cryptos will boom again  . meaning to say the cryptos were down and op is asking if there is  still a chance that they can recover  . my answer will  be yes there is .  the price can recover without waiting for more money to add in the market cap of cryptos but its only a matter of discipline where people need to hold hard and won sell as much as possible but they will only buy some   .
conex (OP)
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November 18, 2019, 03:48:58 PM
 #184

I'm also expecting a boom again in the crypto market sooner or later. In the past 2 years bitcoin and other altcoins didn't get a huge increase in prices because of alot of problems and that's kinda sucks for people whos just joined and invested in bitcoin in the past 2 years. I'd believe that something great will happen in the next bitcoin halving and the price will increase again. We just need to hodl and be a little bit patient.
Agree. It's going to boom sooner or later and halving is my best guess. Fingers crossed!

“If you personalize losses, you can’t trade.” – BK
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November 19, 2019, 06:44:32 AM
 #185

There are huge chances for the crypto to boom again, but for everything, we need to wait patiently because for the past two years we are seeing huge fluctuation and this will not improve the prices. In future, there might be huge chances because before altcoins, the price of Bitcoin should start increasing and start becoming stable at the higher value then the altcoins will follow.
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November 19, 2019, 03:49:26 PM
 #186

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)?
Halving bitcoin is one of the moments that will lift back the prestige of crypto. Or in other words, it can be said that the price will soar again higher than the current price. But before that happens, there will definitely be a price reduction first. However, I'm not sure if the price of bitcoin will exceed 20k usd after halving.
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November 20, 2019, 03:52:32 AM
 #187

Sure crypto will boom again, never erase that belief in your mind as crypto has struggle a lot of times but recovered and still here.
The entire marketcap of crypto is over $200 billion, so basically we can consider that as a big money already playing in the market.

just be patient, its just a matter of time and everything will be back to normal.

Now what's the normal market status?

This depends on what you believe, for me the normal market is a bullish market where not only bitcoin has a chance to grow but altcoins as well.

if we look in the past:

December 2017:

ETH price was over $1200

Neo price was over $130

and look at the current price:

ETH price is $180

Neo price is $12

Do you believe that someday Neo will be priced over $ 130 again? I do not believe!

People need to be very careful with altcoins.

Look at Bitcoin, in December 2017 it reached $19000 and today it is at $8000 and that's not far from $19000. Bitcoin has a chance to return and surpass $19,000


The issue with the way altcoins move is that they can be severely overvalued, I also have my doubts that many of the top altcoins will ever reach their all time high but that is only a problem for those that bought bitcoin at those prices, for the rest of us we only need to concern ourselves with buying altcoins at decent prices, as an example buying ETH for less than 200 dollars is not a bad business since ETH from time to time can reach a price of 500 dollars without too much of a problem.
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November 20, 2019, 09:50:11 AM
 #188

I'm also expecting a boom again in the crypto market sooner or later. In the past 2 years bitcoin and other altcoins didn't get a huge increase in prices because of alot of problems and that's kinda sucks for people whos just joined and invested in bitcoin in the past 2 years. I'd believe that something great will happen in the next bitcoin halving and the price will increase again. We just need to hodl and be a little bit patient.
Agree. It's going to boom sooner or later and halving is my best guess. Fingers crossed!
No one can doubt the booming of crypto currencies for sure. As long as the king of digital coins is bitcoin, we can trust encountering good events in life. The halving indeed will be turning point. If we look at the previous two halving, the result in bullish market. This time wont be any different from the past. However, the amounts earned will be far greater than the previous ones. So investors should focus on grabbing more coins.

I agree to that, Bitcoin will soon realize by most people that it is worth to invest at, let's check and face the reality, there are thousands of altcoins out there but only few become famous or succeeding, some succeed at first but after a year or two then have zero value at all, they are just good at the start of the launch, but they don't protect their investors at all, it is not in doubt that Bitcoin will once again boom, we haven't seen yet its "ATH", we can still make a lot of profit through it.

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November 20, 2019, 03:48:12 PM
 #189

The halving that is expected come next year is what many are of the believe that will influence Bitcoin market value and the crypto currency market value in general. This is because history usually repeat it self since it has happened in the past year and that is why many people are of the believe that it will happen again come next year.
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November 21, 2019, 07:18:17 AM
 #190

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 official Libra launch will most likely be sometime next year, but with major backers already pulling out of the project it doesn't look all that promising at this stage. The Bitcoin halvening event will most likely signal a bull run.
conex (OP)
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November 21, 2019, 10:53:17 AM
 #191

Sure crypto will boom again, never erase that belief in your mind as crypto has struggle a lot of times but recovered and still here.
The entire marketcap of crypto is over $200 billion, so basically we can consider that as a big money already playing in the market.

just be patient, its just a matter of time and everything will be back to normal.

Now what's the normal market status?

This depends on what you believe, for me the normal market is a bullish market where not only bitcoin has a chance to grow but altcoins as well.

if we look in the past:

December 2017:

ETH price was over $1200

Neo price was over $130

and look at the current price:

ETH price is $180

Neo price is $12

Do you believe that someday Neo will be priced over $ 130 again? I do not believe!

People need to be very careful with altcoins.

Look at Bitcoin, in December 2017 it reached $19000 and today it is at $8000 and that's not far from $19000. Bitcoin has a chance to return and surpass $19,000


Agree. There's no guarantee alts will rise if btc does and vice versa just won't happen. BTC is by far the safest investment right now.

“If you personalize losses, you can’t trade.” – BK
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November 21, 2019, 12:20:44 PM
 #192

The halving that is expected come next year is what many are of the believe that will influence Bitcoin market value and the crypto currency market value in general. This is because history usually repeat it self since it has happened in the past year and that is why many people are of the believe that it will happen again come next year.
2020 is going to be the happiest year for investors who joined after 2017. bitcoin will be setting new record this time. Halving indeed triggers bitcoin and investors get huge amounts in return. Everyone is having high hopes and bitcoin won’t disappoint its holders. Finally, altcoins would be seen surging up too. But this excitement should not stop people from increasing their amounts of bitcoin or other holdings.
We all think halving is the answer for bull run to occur but still there's no assurance at all if this will trigger for crypto to boom again just like what happen in the past. Currently bitcoin and alts are declining so instead of thinking negative thoughts lets take advantage the situation by buying additional coins to hold.

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November 22, 2019, 08:39:28 AM
 #193

The halving that is expected come next year is what many are of the believe that will influence Bitcoin market value and the crypto currency market value in general. This is because history usually repeat it self since it has happened in the past year and that is why many people are of the believe that it will happen again come next year.
2020 is going to be the happiest year for investors who joined after 2017. bitcoin will be setting new record this time. Halving indeed triggers bitcoin and investors get huge amounts in return. Everyone is having high hopes and bitcoin won’t disappoint its holders. Finally, altcoins would be seen surging up too. But this excitement should not stop people from increasing their amounts of bitcoin or other holdings.
We all think halving is the answer for bull run to occur but still there's no assurance at all if this will trigger for crypto to boom again just like what happen in the past. Currently bitcoin and alts are declining so instead of thinking negative thoughts lets take advantage the situation by buying additional coins to hold.
I agree with you. Instead of doubting , you should invest in a certain investment because the current market has a lot of cheap coins for you and the opportunity is always welcoming new investors. This market can still be very risky, but if you believe what is happening then you will certainly find plenty of opportunities to become richer.

In fact, 2017 a lot of investors became millionaires in just a few months so I sure in 2020 the uptrend will return again and you should choose this time to hold some coins.

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November 22, 2019, 09:02:51 AM
 #194

In fact, 2017 a lot of investors became millionaires in just a few months so I sure in 2020 the uptrend will return again and you should choose this time to hold some coins.
No one can ensure that it will happen, let's just remain optimistic that finally after 2 years of being patiently waiting, the real bull run will come.
At that time, again, there is no assurance that our altcoins that we are holding now will grow and recover because there is a significant increase of altcoins int the market already and yet they can't beat the dominance of bitcoin, so let's see what would happen that time.

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drachman
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November 24, 2019, 03:05:06 AM
 #195

The halving that is expected come next year is what many are of the believe that will influence Bitcoin market value and the crypto currency market value in general. This is because history usually repeat it self since it has happened in the past year and that is why many people are of the believe that it will happen again come next year.
One of the most basic truths when it comes to trading is that you should not use the past to try to predict the future, it is true that the previous halvings have brought a good growth in this market, but if you look at the way the market moved in the past previous to the other halvings you'll see a big difference to what is happening now, and while many are expecting to see an important recovery once we got through the halving it is entirely possible that we could see opposite.
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November 24, 2019, 03:08:54 AM
 #196

In fact, 2017 a lot of investors became millionaires in just a few months so I sure in 2020 the uptrend will return again and you should choose this time to hold some coins.
No one can ensure that it will happen, let's just remain optimistic that finally after 2 years of being patiently waiting, the real bull run will come.
At that time, again, there is no assurance that our altcoins that we are holding now will grow and recover because there is a significant increase of altcoins int the market already and yet they can't beat the dominance of bitcoin, so let's see what would happen that time.
Considering the amount of newer projects that circulating around, we can't be sure that the same bull run will show back, but being optimistic and taking time to research and review projects that you are eyeing to invest or you already have inside your wallet will keep you to stay positive. Patience will be paid off when the market start to pumped back and more new investors to bring new investment inside this market.
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November 24, 2019, 03:25:15 AM
 #197

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)?
Even if Libra coin enters the crypto market, the strong pump like 2017 will not happen again. When Libra enters the market it is not too different here as they only focus on paying their customers with their own coins. In general, the market is in downtrend and we need to wait for a new trend to happen.

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November 24, 2019, 11:41:09 AM
 #198

i see it coming but we never know when. the market is still surviving. sooner or later, the big investors will drop funds and the bulls will be back. it will never stop there. remember it is just a market. it will raise and fall again. it is a continuous process. the best is to know when to enter and when to leave.
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November 24, 2019, 02:58:41 PM
 #199

i see it coming but we never know when. the market is still surviving. sooner or later, the big investors will drop funds and the bulls will be back. it will never stop there. remember it is just a market. it will raise and fall again. it is a continuous process. the best is to know when to enter and when to leave.
All of us don't have any clues when will gonna be the happy moments for cryptocurrency. Will it explode or it will stay at the bottom. No one really knows. Yet still, we need to be prepared. We have to look for opportunities to buy and buy tokens. Of course, buy those coins that wil surely bring us a million dollar. Sooner or later, it will depend on the market news and ideas to be generated.



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November 24, 2019, 06:29:38 PM
 #200

Crypto is already booming. The price of Bitcoin does not need to be near 20k USD for the coin to be considered booming. Considering we struggled to even break 1k in the past, where we are right now is definitely a healthy place. We were at one point on the verge of mainstream adoption and then the giant crash happened when the bubble popped. This turned away the general public but not necessarily to the point where crypto isn't booming. Large financial firms are using Bitcoin, trade volumes are high, and the price is in a decent place so we're doing perfectly fine.
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