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Author Topic: WILL CRYPTO BOOM AGAIN?  (Read 2644 times)
Edraket31
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November 25, 2019, 04:46:48 AM
 #201

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.

We haven't reach yet the super bull run that will change the many lives, it maybe not this year but for sure in the upcoming years it will happen but still consider that there are also negative effect depends on news and market, so always make sure to tract news to keep you updated. I believe in the upcoming years that we can still grow more, we just need to be patient.

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November 25, 2019, 06:38:00 AM
 #202

I do not find any such real reason as of now that market will not rise back again . Though it is a temporary phase of being down and we can see that it has happened in the past as well and rose above too after the fall . So good time to buy again some coins .

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conex (OP)
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November 25, 2019, 07:49:33 AM
 #203

I do not find any such real reason as of now that market will not rise back again . Though it is a temporary phase of being down and we can see that it has happened in the past as well and rose above too after the fall . So good time to buy again some coins .
Yes good time to buy them. While btc falling almost below 6k i'm looking for some alts right now as thew also feel significantly. I'm looking forward for some gains soon...

“If you personalize losses, you can’t trade.” – BK
conex (OP)
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November 25, 2019, 07:50:59 AM
 #204

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.
Agree. Massive adoption never comes quickly neither easy. Crypto definitely is the next big thing after the internet so, let's be patient and see what comes out. Excited for the future!

“If you personalize losses, you can’t trade.” – BK
Karmakid
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November 25, 2019, 08:38:08 AM
 #205

I do not find any such real reason as of now that market will not rise back again . Though it is a temporary phase of being down and we can see that it has happened in the past as well and rose above too after the fall . So good time to buy again some coins .
Of course, bitcoin will rise again. Bitcoin has done this move a lot of times based on the history from the chart. If you are here in the world of cryptocurrency for quite some time then you know that this is a big time opportunity that you don't want to miss. You should cash in your fiat in your cryptocurrency wallet to buy the good coins for long term and check your wallet after the second quarter of next year.
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November 25, 2019, 08:27:50 PM
 #206

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.
That is the beauty of digital coin market. It is volatile and somehow unpredictable. The main reason behind this is bitcoin. All digital currencies depend on bitcoin which is a way too fluctuating and makes it a tough job to predict the price changes. For now, we all know that halving is expected in 2020 and that event basically pumps the value of bitcoin. However, before that prices will face a decrease.

conex (OP)
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November 26, 2019, 07:16:09 AM
 #207

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.
That is the beauty of digital coin market. It is volatile and somehow unpredictable. The main reason behind this is bitcoin. All digital currencies depend on bitcoin which is a way too fluctuating and makes it a tough job to predict the price changes. For now, we all know that halving is expected in 2020 and that event basically pumps the value of bitcoin. However, before that prices will face a decrease.
Looks like everyone's betting on halving to pump the price up. Not sure if that's the case, last bull run didn't need any halving or special event to make it happen. Fingers crossed for the best!

“If you personalize losses, you can’t trade.” – BK
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November 26, 2019, 09:21:31 AM
 #208

You can see what happened when the news about the approval of Cryptocurrencies in China and this is a tiny indication of what would happen when major countries get into Cryptocurrencies. I think the US Congress is just opposing Libra not because it's a Cryptocurrency but because it would be owned by an individual, nobody knows the future but if Blockchain technology keeps progressing the way it is, we might be seeing even the US Government picking interest in it and you know what that entails.
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November 26, 2019, 12:22:38 PM
 #209

I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.

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November 27, 2019, 02:48:57 PM
 #210

I think it is too early in this kind of speculation given to the fact that crypto is still in its early stage. But judging from fact it is clear that crypto will see a high level of boom in the nearest future. The technology is still very new and gradually it has gained so much recognition and adoption has many companies are now seeing how effective it will be to adopt crypto kn their day to day activities.  It is normal that as demands incrase so will the price of crypto also rise so definetly there will be crypto boom again

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November 28, 2019, 07:10:48 AM
 #211

I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
The market has been struggling for years already, I think people are tired of waiting already and most coins have already dip, so this could be a sign of bounce back.

We keep believe and be patient all the time, this is what the early adopters are doing and they have success doing it, so its a working strategy that everyone should follow, as long as you hold a legit coin with good potential, that will make you calm.

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November 30, 2019, 02:34:23 AM
 #212

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.
Agree. Massive adoption never comes quickly neither easy. Crypto definitely is the next big thing after the internet so, let's be patient and see what comes out. Excited for the future!
This is something that I think as well, most of those that are in this market are very optimistic about how suddenly out of nowhere the adoption rate will grow up in a dramatic fashion, but I think like you, getting people to adopt bitcoin is going to be a very slow process but once we reach a big enough number we will begin to see many businesses that in the past refused to accept bitcoin adopting it because if they don't then they will stand to lose many of their customers.
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December 04, 2019, 08:37:06 PM
 #213

I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
If when then it's in 2020. I think halving and fomo can trigger another 2017 bullrun...

“If you personalize losses, you can’t trade.” – BK
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December 05, 2019, 01:01:20 PM
 #214

I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
If when then it's in 2020. I think halving and fomo can trigger another 2017 bullrun...

I think not. You're overlooking the fact that the first halvings happened at a time when bitcoin is still off the mainstream charts. Back then, anything can only go up. At this point, everyone has seen the 2018 decline. There the factor of people being wary since they've seen how assets can drop drastically. People will not fall for a simple pump as easily as many did last 2017.

 
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December 05, 2019, 01:10:01 PM
 #215

I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
If when then it's in 2020. I think halving and fomo can trigger another 2017 bullrun...

I think not. You're overlooking the fact that the first halvings happened at a time when bitcoin is still off the mainstream charts. Back then, anything can only go up. At this point, everyone has seen the 2018 decline. There the factor of people being wary since they've seen how assets can drop drastically. People will not fall for a simple pump as easily as many did last 2017.
The bull will beat the bear but it will take more time, there still no chart patterns of market reversal like double bottom, triple bottom or inverse head and shoulder pattern that we can see in the chart of the bitcoin. But one thing is sure, the market will never be bear and I'm sure that the market reversal will happen. We need patience and confidence in order to survive in the bear market.
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December 05, 2019, 01:42:25 PM
 #216

Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.

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conex (OP)
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December 05, 2019, 02:53:57 PM
 #217

I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
If when then it's in 2020. I think halving and fomo can trigger another 2017 bullrun...

I think not. You're overlooking the fact that the first halvings happened at a time when bitcoin is still off the mainstream charts. Back then, anything can only go up. At this point, everyone has seen the 2018 decline. There the factor of people being wary since they've seen how assets can drop drastically. People will not fall for a simple pump as easily as many did last 2017.
Interesting point, and yes the situation is totally different. Will see what happens!

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December 05, 2019, 03:27:37 PM
 #218

Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.

Maybe this article would help people understand the situation now compare to the past.

https://www.coindesk.com/why-bitcoins-next-halving-may-not-pump-the-price-like-last-time

The thing is, people are expecting that same pattern would happen in this coming halving but this market is quite different already for the last 2 years, its been struggling and bitcoin has not been stable.  Everyone is waiting for BTC to rise not only for their interest on BTC but for altcoins as well.

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December 05, 2019, 06:53:30 PM
 #219

I don't expect some big and sudden boost. We are in phase where growth, if happen, will be more moderate and graduate. Many expect for pattern of.price pump to.repeat but crypto doesn't behave according to patterns and you can't predict how and which way the price will move. But don't expect for 2017 to happen again, it's not very likely.

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December 05, 2019, 07:21:15 PM
 #220

Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.
Halving will definitely have a huge impact on the prices but realizing the facts before it happens is necessary for catching the opportunity. This is the reason the speculative predictions are based on the next big event, the bull market is not on the sight for a long time. Bearish mode traders also want to get out of the bull traps but the general market conditions don't give the chance for climbing the high prices.
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