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Author Topic: WTF is going on in crypto 💣  (Read 915 times)
TimtheYoutuber (OP)
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June 10, 2020, 02:23:49 PM
Last edit: June 15, 2020, 05:00:04 PM by TimtheYoutuber
 #1

Full Read: 📰Forrest Visions Cryptocurrency Newsletter Volume #1

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


With the United States pumping in money into the economy, is Bitcoin going to be the new standard?


Lots of crazy stuff going on in cryptocurrency.





My fifteen-minute read goes over the recent industry news, observed trends, a highlighted coin, and my personal price predictions.

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June 10, 2020, 02:49:47 PM
 #2

I can smell some bullish but due to massive fud out there the market getting delay each day. We cant expect the market to suddenly bloom with eth 2.0 upgrade alone. We all knew that this will take time but good thing is many investors are already locking in some eth while still cheap cause there will be a huge hype once migration to PoS is done.

On the case of btc, too many rejected attempt has been observed to break out 10k and have some good support but unfortunately there are selfish whales that are playing with the market avoiding this surge to happen.



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June 10, 2020, 03:26:28 PM
 #3

You're right we are bombed with events on the crypto scene amidst the pandemic. Somehow I see this pandemic as a factor of what is happening to the market yet I can't based it on any possible data, but the guts of mine? it never fails. After the halving, the price range of bitcoin increased from $7K-$7.5K range now up to $9k - $9.7K we can't tell that it is because of the halving but come on, we have been seeing it for the past 8 years we know that's because of the halving. Altcoins now are growing, so the market is not a one sided place for investment.

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June 10, 2020, 04:39:35 PM
 #4

At this time the economic downturn is going on all over the world. You know, most of the cities are locked down due to coronavirus issue. Everyone is incapable to go to work, already many people have been lost their job, the economy is going downhill. For this reason, I think anything can be happened in the bitcoin market now. The price of bitcoin can go down at any time, we should be ready for it. But if the coronavirus epidemic subsides a bit and if the state of the world economy has improved a bit then the bitcoin market will be stabilized again.

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June 10, 2020, 04:43:45 PM
 #5

I think we are at the crossroads of fiat ot crypto adoption. The question is, will we be able to convince a majority of the global population that cryptos are better than fiat? It will take it´s time but technology advances further and adoption will become easier, system faster and use cases more sustainable and closer to the average humans daily life
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June 11, 2020, 01:00:30 AM
 #6

I can smell some bullish but due to massive fud out there the market getting delay each day. We cant expect the market to suddenly bloom with eth 2.0 upgrade alone. We all knew that this will take time but good thing is many investors are already locking in some eth while still cheap cause there will be a huge hype once migration to PoS is done.

On the case of btc, too many rejected attempt has been observed to break out 10k and have some good support but unfortunately there are selfish whales that are playing with the market avoiding this surge to happen.
You are absolutely right.Whales are the main reason for the volatility of Bitcoin.They just do opposite of any trend.Like if btc goes in uptrend then they dump it.It really cause a big loss of beginner traders.
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June 11, 2020, 01:21:26 AM
 #7

Putting blockchain on the other side, it's also being taken in action and somehow adopted by few chosen industries.

I can smell some bullish but due to massive fud out there the market getting delay each day.
I don't think that's really a delay. It's a cycle that we usually see and that fud are also coming back whenever the market shows bullishness. But we're used to it.



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June 11, 2020, 01:30:06 AM
 #8

Two points of discussion here, first bitcoin and how well the price will do post halving. There are a lot of so called experts says that the price will fall after the halving because 30% of the miners will stop their business because of the difficulty. Yes, so far we have heard news about mining pools shutting down, however, the price is still not affected at this point

Second, we can't really say if the US stimulus package has pump the price of not, but definitely bitcoin will not be the global standard. Still the US dollar or to an extend Chinese Yuan. Don't want to touch about ETH2.0 though, that topic should be discuss in alt coin board.

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June 11, 2020, 02:29:42 AM
 #9

This somehow means cryptocurrency is getting better. The adoption is getting wider. The blockchain technology is now more exploited than ever. All in all, there is more and more development happening and a lot more in the pipeline.

On the other hand, the fiat money is continuously crumbling down. The flaws of the fiat system are getting clearer and clearer each day, especially with the global crisis making them more obvious. The degradation of fiat is accelerating.

Bitcoin is not yet the standard. But we might actually be treading the path toward it.

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June 11, 2020, 02:42:37 AM
 #10



Excited things are happening right now in the whole cryptocurrency industry, post Bitcoin halving situation. And that bullish trend and aura is not just happening with Bitcoin exclusively but also with many other important cryptocurrencies as well. Now, that is a big good news. However, just like in the past, nobody can say for sure where are we heading exactly and if this bullishness can last into 2021 (but I do hope it can and will). Right now, we are hearing news of big organizations getting their feet wet with cryptocurrencies and if this can be creating a sort of a little avalanche then that can be a big movement that can be producing many rise and to the "moon" mindset.
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June 11, 2020, 03:21:22 AM
 #11

Just hodl, US federal reserve said theyre going to keep printing money and interest rates at zero

A lot of the money will come into crypto
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June 11, 2020, 03:57:33 AM
 #12

and Ethereum is heading into Eth 2.0.
in other words nothing has changed over the past 4-5 years. there is still a pointless upgrade that never comes trying to save a sinking ship Cheesy

Quote
What are your thoughts on the direction of the blockchain?
i don't see any direction to be honest. things have been stationary for the past years. the developers gave up on innovation a long time ago and chose to copy bitcoin and make the least amount of effort to make money only.

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June 11, 2020, 07:36:33 AM
 #13

There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k and there is a chance that becomes now come back into the 10k market price and another sign of bullish market price if you are trying to look at the whole year graph of the bitcoin that trend is going up which is and there is a chance that for the upcoming month of the June is another year for the bitcoin to rise back again and gained a lot of popularity and profit to the investors but still this is for a short again and there is a chance to fall back or continuously rising.

There are some news that the miners already sell their bitcoin mined because is over a ten percent of them which has a huge impact to the market price of the bitcoin also the top currency like the ethereum, ripple, monero and more popular altcoins going into an upward trend and the season of the altcoins are now going on

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June 11, 2020, 10:04:19 PM
 #14

Curious how you think Kyber Network and Enjin have anything to do with the future of crypto...

Both of these have failed to achieve their potential and are currently stagnating or declining. Did they pay you to write about them in this feature?

In any case, the article was an extremely boring read and you didn't really identify anything that hasn't already been said a thousand times.
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June 11, 2020, 10:16:21 PM
 #15

I think the most significant development in recent times is the stock market turning into a shitcoin of its very own. Reality has been left behind. Governments are signalling they're willing to keep stoking it no matter what. 'Investors' clearly aren't bothered about fundamentals at present. Maybe they don't need to be.

All of that takes quite a bit of attention away from crypto. Why bother with it when all that stupid shit is more readily accessible? Maybe it's going to take the dive of the aeons but for now it's the silliest show in town by quite a way.
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June 12, 2020, 03:40:12 AM
 #16

I am expecting a bearish short term scenario in play due to the corona crisis and the quantitative easing on steroids situation. Also the stock market being artificially pumped by the Fed, is not helping our cause for the short term. On another note though, DEFI is becoming huge in this space and institutional investing, aka GRAYSCALE and Co are just hoarding BTC freshly mined on masse, so on a macro level, things are pretty looking bullish to me. I just plan to keep stacking sats regardless. Our time to shine will come once again.


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June 12, 2020, 07:21:16 AM
 #17

Crypto being Crypto. I don't see anything much to note for tbh. The development of how the government is struggling to change the economy for the better right now is much more interesting to watch with how the government moves so as to avoid the downfall of pretty much everything. Most of the attention right now is after all, about how the recent pandemic and lockdowns affected the entire world and pretty much, how the government would react to it.
Two points of discussion here, first bitcoin and how well the price will do post halving. There are a lot of so called experts says that the price will fall after the halving because 30% of the miners will stop their business because of the difficulty. Yes, so far we have heard news about mining pools shutting down, however, the price is still not affected at this point
Miners leave, others replace them. I'm pretty sure that would be the case sooner or later. A lot has already discussed the issue of how miners are starting to leave because of the recent halving, but really, it's just a matter of them being replaced by some other mining farm out there.

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June 12, 2020, 07:24:56 AM
 #18

If they say it going down then it should go up, eth going PoS and the halving will take s bit to show its teeth but prices should rise.
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June 12, 2020, 08:39:09 AM
 #19

Both bitcoin halving and ETH's move to PoS should lead to price increases in the future. But of course everything is overshadowed by CV19 at the moment, which is affecting crypto markets as much as traditional markets. We also have to remember that crypto is still in the relatively early days, and bitcoin is currently seen as a highly speculative asset rather than a safe-haven store-of-value. In theory a fiat financial crisis with money being pumped in economies should be good fro crypto - in practice we are not there yet, 'safe haven' status for bitcoin is likely years away.






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June 12, 2020, 11:24:15 AM
 #20

I can smell some bullish but due to massive fud out there the market getting delay each day. We cant expect the market to suddenly bloom with eth 2.0 upgrade alone. We all knew that this will take time but good thing is many investors are already locking in some eth while still cheap cause there will be a huge hype once migration to PoS is done.

On the case of btc, too many rejected attempt has been observed to break out 10k and have some good support but unfortunately there are selfish whales that are playing with the market avoiding this surge to happen.
People are getting too careful about taking risk and putting huge profit with the hope of getting more profit. 2017 bull run have thought people lesson. some bought bitcoin when it was above $10k then. So if it hit the price back, I do not see them taking that chance again and beside people take profit which makes bitcoin subject to market correction. ETH  2.0 hype cannot be as hyped as bitcoin halving that past almost a months now. It is very hard to predict what ETH 2.0 influence will have on the market.
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June 12, 2020, 11:25:15 AM
 #21

Full Read: 📰Forrest Visions Cryptocurrency Newsletter Volume #1

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


With the United States pumping in money into the economy, is Bitcoin going to be the new standard?


Lots of crazy stuff going on in cryptocurrency.


My fifteen-minute read goes over the recent industry news, observed trends, a highlighted coin, and my personal price predictions.
I honestly don't understand why people are writing about prices increasing lately. I really don't see it being the case! Bitcoin fluctuates up and down, but there is no significant breakthrough.
As for the article, why the fees increased after halving of 2020, it wasn't a permanent change. Just a few days ago I paid only $0.17 for a priority transaction of 0.015 BTC or something like that. Not to mention that the spike in the fees is nowhere near the one we've seen during Bitcoin ATH and is very similar to a spike that happened a year ago. Come to think of it, May-July seems like a typical time of increased transaction fees since ATH, although I don't know how to explain this.


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June 12, 2020, 01:14:37 PM
 #22

Yes we do have things lined up for Bitcoin and Ether and we can see how the price is increasing day by day.
It is a good time to buy some coins at a reduced price but at the same time we must be alert if there's a bull trap.
There is still time for the bullish run and you never know when the whales manipulate the market.

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June 12, 2020, 07:29:09 PM
 #23

Bitcoin is doing great, holding steady besides nay sayers. What some people call "side ways". Which is good, the less it fluctuates, the more it consolidates.

Altcoins don't matter, they all have their bigger or smaller flaws. Of course eth is going down, precisely because of PoS... (well, it does have several other birth defects anyway). Infinite emission = infinite diluting of value. Thats eth right there, couple with reverting blockchain transactions on a whim, the small group that has such power, everyone and their dogs using their blockchain for other things clogging it with kitties etc, etc.

Bitcoin is clean, its good and its strong. Lets see if the USD can withstand infinite emission...

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June 12, 2020, 11:08:24 PM
 #24

There's a lot of happenings right now that will definitely be written again in the history of bitcoin. I guess it's a sign that more people are using cryptocurrency and adapting its features to make a development. One of the things that are most awaited by the community is the 2020's bull run. I hope that high-profile persons will adapt bitcoin so it can be stronger than it is right now. Day by day, a lot of unexpected changes in the cryptocurrency after the halving, and some experts say that it'll take a lot shorter time for the new ATH.
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June 12, 2020, 11:52:28 PM
 #25

I am of the opinion that cryptocurrency is indeed a trend up in 2020, but rising cryptocurrency prices are not only updates from ethereum to
ethereum 2.0. But there are several factors, one of which is a number of countries including the United States carrying out economic policies
in a way provide direct assistance to the citizens in the form of cash money. This can have an impact on cryptocurrency price movements in
the market, especially bitcoin. We can see at https://coinmarketcap.com/currencies/bitcoin/, pay attention to the movement of bitcoin several
times about to go up to the price of $ 10k. This is very positive in my opinion, because I am sure that in the near future bitcoin will rise
above $ 10k.

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June 13, 2020, 12:37:31 AM
 #26

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?
Blockchain is slowly upgrading within this past years so I see the blockchain to upgrade this year and in the next years as always. With regards to ETH 2.0, there are many investors who are holding 32 ETH already making its price to rise up because of the 2.0 that they are developing. In terms of the prices, maybe there is a small correction but I don't believe that it will go to its price last march.

With the United States pumping in money into the economy, is Bitcoin going to be the new standard?
Nope for me. They are seeing Bitcoin as they last resort and they're supporting it but to be the new standard, I don't think we already reach that part now. USD is still the one that US will use for their economy. They might buy some BTC though and other assets in order to save their economy.

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June 13, 2020, 01:50:30 AM
 #27

Two points of discussion here, first bitcoin and how well the price will do post halving. There are a lot of so called experts says that the price will fall after the halving because 30% of the miners will stop their business because of the difficulty. Yes, so far we have heard news about mining pools shutting down, however, the price is still not affected at this point

Miners leave, others replace them. I'm pretty sure that would be the case sooner or later. A lot has already discussed the issue of how miners are starting to leave because of the recent halving, but really, it's just a matter of them being replaced by some other mining farm out there.

Possible as well, it's the basic economic principle. If there are incentives to make then there could be more entities joining mining/mining pools like Binance did: https://pool.binance.com/en

Or probably those miners that shutdown their business will have to re-invent themselves.

There's a lot of happenings right now that will definitely be written again in the history of bitcoin. I guess it's a sign that more people are using cryptocurrency and adapting its features to make a development. One of the things that are most awaited by the community is the 2020's bull run. I hope that high-profile persons will adapt bitcoin so it can be stronger than it is right now. Day by day, a lot of unexpected changes in the cryptocurrency after the halving, and some experts say that it'll take a lot shorter time for the new ATH.

I doubt that we will having a bull run though this 2020. And I'm sure those who have been longer in cryptospace doesn't see it happening as well. And those predictions that we hear and see today? I don't know how they got their numbers and I don't believe that there are so called experts here, everyone is just making their best effort to make wild educated guess.

R


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June 13, 2020, 05:18:49 AM
 #28

TimtheYoutuber, there are no crazy stuff going out there. What we have now is less than even what is expected. This pandemic has retarded the bull run expected from Bitcoin this year after halving. We should know that If not for Coronavirus, Bitcoin would've eaten the $11,000 — $12,000 wall since. This is a bullish year for cryptocurrency if we go by history of all halving. I expect a lot of exciting times in months to come.

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June 13, 2020, 05:25:33 AM
 #29

Full Read: 📰Forrest Visions Cryptocurrency Newsletter Volume #1

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


With the United States pumping in money into the economy, is Bitcoin going to be the new standard?


Lots of crazy stuff going on in cryptocurrency.





My fifteen-minute read goes over the recent industry news, observed trends, a highlighted coin, and my personal price predictions.

Crazy stuff???What's so crazy about it?The BTC halving was anticipated for the last 4 years.It isn't some unpredictable event or disaster.Please stop using clickbait lingo.I know that you want more traffic to your blog,but I'm annoyed by clickbait articles and titles.
Bitcoin Core hasn't changed in a revolutionary way and the Bitcoin price is relatively stable.Nothing crazy...
I'm not a big ethereum fan,so I can't comment Eth 2.0.

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June 13, 2020, 08:45:12 AM
 #30

Full Read: 📰Forrest Visions Cryptocurrency Newsletter Volume #1

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


With the United States pumping in money into the economy, is Bitcoin going to be the new standard?


Lots of crazy stuff going on in cryptocurrency.





My fifteen-minute read goes over the recent industry news, observed trends, a highlighted coin, and my personal price predictions.
Today is making a month that the halving took place and you're expecting a huge turn up of price. It's not certained that bitcoin price will skyrocket immediately after the halving. Based on the previous halvings that have occurred, we didn't see price movement immediately, rather they all reduced in price before they mooned. This year halving will also do the same. Let's wait patiently for it to break the barrier of $10k before we start hoping for a better price

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June 13, 2020, 08:59:33 AM
 #31

It had been a spending year.
But I think the realization of the people went to greater heights.
Online selling is growing but the payment option is still the same.
That means you will still need to put money on the bank or digital money services.
There will still be physical trade which is a culprit for spreading the virus.

Governments should also realize that. A need to change the way we pay to keep ourselves and our family safe.
Ain't these things from the article proof of that?

Quote
Over 13,000 unique addresses were used in Kyber during April and surpassed $200,000,000 worth of cryptocurrency transactions. The market has been calling for decentralized exchanges for years, and we’re finally getting to see some early adoption with this new innovative technology.
We’ve seen a flip in the market with cryptocurrency as more people enter.
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June 13, 2020, 09:09:36 AM
 #32

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain?

I think that after this halving, the bitcoin price will increase a lot from January next year, but about ETH 2.0 it is something that I just see people complaining about the delay and not knowing when they will see it happen. Of course, on the day we see ETH 2.0 we will also see a big pump in the price, but the question is: will the ETH price be high for a long time? or will just the price of ETH be high thanks to bitcoin?

We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


I don't know about ETH, but in the case of bitcoin it seems to me that the price won't go down much and if it breaks the $ 10500 it will go up a lot

With the United States pumping in money into the economy, is Bitcoin going to be the new standard?

if this is true, of course bitcoin will increase in price, just look at the fact that US citizens have good financial conditions, at least part of the US citizens have good financial conditions which allows them to buy many bitcoin if they want



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June 13, 2020, 11:02:42 AM
 #33

What is the new standard, you mean? Bitcoin will be like that with the up and down of the price. The economy will be like that, but the government still fighting against the Covid-19. That is what important the government needs to do while the government needs to stabilize its economy too. Maybe we will see the blockchain will going to integrate with the business company if they see the benefits for their company.

Even in the covid 19 pandemic, Bitcoin has not dumped as much as other things like stocks etc. Bitcoin has been quite stable between 9000-10000$ and this is a good sign. Once the situation become better and economy of the countries stabilizes we may see much more movement in bitcoin price.
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June 13, 2020, 11:08:17 AM
 #34

I really can't trust the market now, it seems like there's a lot of good news but knowing how the market are dominated by the whales, I can't be fully bullish although I like to see it as it will not only benefit bitcoin but the altcoins market as well.

With lack of regulation in crypto, although the fiat system will suffer, people will remain confident with the government, so crypto adoption is not gonna grow as expected, maybe we need more time and maybe if bitcoin countries will struggle, I think that is the time we can see some investment pouring in the crypto space, but this is just also my opinion.

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June 13, 2020, 01:53:46 PM
 #35

What is the new standard, you mean? Bitcoin will be like that with the up and down of the price. The economy will be like that, but the government still fighting against the Covid-19. That is what important the government needs to do while the government needs to stabilize its economy too. Maybe we will see the blockchain will going to integrate with the business company if they see the benefits for their company.

Even in the covid 19 pandemic, Bitcoin has not dumped as much as other things like stocks etc. Bitcoin has been quite stable between 9000-10000$ and this is a good sign. Once the situation become better and economy of the countries stabilizes we may see much more movement in bitcoin price.

Yes, but we are experienced to see bitcoin down to $3k level price in the earlier this year. But gladly, bitcoin price now can turn to a higher price, and we can even touch $10k. So I am sure that we will see that price soon, and everything will be okay. The economy of every country will be better than before, even if we still see the pandemic out there. We need to survive this time because there are many things that we need to do to have a better life in the future.

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June 13, 2020, 03:36:59 PM
 #36

TimtheYoutuber, there are no crazy stuff going out there. What we have now is less than even what is expected. This pandemic has retarded the bull run expected from Bitcoin this year after halving. We should know that If not for Coronavirus, Bitcoin would've eaten the $11,000 — $12,000 wall since. This is a bullish year for cryptocurrency if we go by history of all halving. I expect a lot of exciting times in months to come.
I have heard the exact opposite. Usually after the halving the price of the bitcoin falls very sharply. This is what the so called "expert traders" has also been predicting based on the same pattern that has been repeating during the previous halving, but this time it was a bit different. We have seen the price steadily growing and now is around the $9,000 USD to $10,000 USD. People are saying its different because of this pandemic.
Yeah, lets see what happens in the remaining month of this year.

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June 18, 2020, 02:03:58 PM
 #37

TimtheYoutuber, there are no crazy stuff going out there. What we have now is less than even what is expected. This pandemic has retarded the bull run expected from Bitcoin this year after halving. We should know that If not for Coronavirus, Bitcoin would've eaten the $11,000 — $12,000 wall since. This is a bullish year for cryptocurrency if we go by history of all halving. I expect a lot of exciting times in months to come.

Everyone love to pinpoint factors to try and rationalize the price. So for you, it's the virus, and for people in stocks, it's "Robinhood" traders.



Bitcoin hasn't moved a whole lot from the halving, which is what I predicted.
In the upcoming months, I do see a lot of interesting things for crypto, like eth2.0 etc but this is a bitcoin topic.


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June 18, 2020, 10:01:56 PM
 #38

Full Read: 📰Forrest Visions Cryptocurrency Newsletter Volume #1

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


With the United States pumping in money into the economy, is Bitcoin going to be the new standard?


Lots of crazy stuff going on in cryptocurrency.





My fifteen-minute read goes over the recent industry news, observed trends, a highlighted coin, and my personal price predictions.
We can use every situation in crypto currency as an advantage if we have enough knowledge so anything that will happen will be a good opportunity if you know what to do when that situation comes. I hope that you have enough knowledge to survive this crisis because if many crypto users starts to give up, the crypto community will be smaller and that is not a good thing for us since the demand will go lower that will make the price goes lower too. If something like that happens, the crypto community might die.
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June 18, 2020, 10:19:28 PM
 #39

Bitcoin halve has come and gone the market experienced some positive change during the year Bitcoin halve. Even though the market wasn't seen as it used d to be like in terms of pump, the price still move in positive position. Ethereum has been waiting for the 2.0 upgrade which is likely to take place either this year or next will definitely pump this market again. There are so many things going on cryptocurrency industry.

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June 19, 2020, 12:34:45 AM
 #40

The Crypto Market is far from being price in, as we know the US economy is barely holding on due to massive money printing and stimulus package to save their fiat currency from falling just like Oil.
I think if a financial crisis takes place, it would be worst and can kill the US Dollar.

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Rafiqul
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June 19, 2020, 10:08:09 AM
 #41

These times we are living in is either going to show all cryptocurrencie's true resiliency in the face of such oppressive obstacles we have never seen on this planet before or it can just die and drop to zero after all is said and done.
We will need to have patience and just wait to see what transpires. Wink
Due to the changed situation, several countries, including the United States, are providing direct assistance to citizens in the form of cash. This can affect the movement of cryptocurrency prices, especially in Bitcoin. But we must be patient. After all, I believe Bitcoin will rise above 10k in the near future.

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June 19, 2020, 11:17:36 AM
 #42

The Crypto Market is far from being price in, as we know the US economy is barely holding on due to massive money printing and stimulus package to save their fiat currency from falling just like Oil.
I think if a financial crisis takes place, it would be worst and can kill the US Dollar.
That's Why the Chinese government now are trying to take the Number 1 rank country in the world because they
 know that the US economy is really in bad shape and in this situation
the chance of winning over is indeed.
Even as a lot will enter the crypto space some will leave. So don’t fall for the tricks. The downfall of the economy affects both crypto and fiat currencies. Except if cryptocurrency can be accepted during a pandemic else it’s the same
Nope at least those who are living the entering is much more now,we are increasing our users and investors
as the search Over google grows more than 100% and this is a best sign to trust how crypto is going the best on it.

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June 19, 2020, 05:33:46 PM
 #43

The Crypto Market is far from being price in, as we know the US economy is barely holding on due to massive money printing and stimulus package to save their fiat currency from falling just like Oil.
I think if a financial crisis takes place, it would be worst and can kill the US Dollar.
That's Why the Chinese government now are trying to take the Number 1 rank country in the world because they
 know that the US economy is really in bad shape and in this situation
the chance of winning over is indeed.
I don't think they're going to succeed, the US still has its people and tariffs, China just can't easily dominate the US economy.
China is throwing a lot of effort into this trade war, they have created a global pandemic just to destroy other countries' economies, which is a good step from them. (Just kidding, the 'cause is still not confirmed)

That's why our government sticks to China, they knew that after many years China will overcome more power and the exchange of that is our pride to be a country citizen.
Even as a lot will enter the crypto space some will leave. So don’t fall for the tricks. The downfall of the economy affects both crypto and fiat currencies. Except if cryptocurrency can be accepted during a pandemic else it’s the same
Nope at least those who are living the entering is much more now,we are increasing our users and investors
as the search Over google grows more than 100% and this is a best sign to trust how crypto is going the best on it.

Crypto users are growing day by day, people are becoming interested as there is massive advertising recently that is halving bitcoin so I doubt cryptocurrency will lose its users. If someone leaves the crypto market, definitely there are many will come.
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June 19, 2020, 11:32:01 PM
 #44

There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.

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June 20, 2020, 05:26:41 AM
 #45

TimtheYoutuber, there are no crazy stuff going out there. What we have now is less than even what is expected. This pandemic has retarded the bull run expected from Bitcoin this year after halving. We should know that If not for Coronavirus, Bitcoin would've eaten the $11,000 — $12,000 wall since. This is a bullish year for cryptocurrency if we go by history of all halving. I expect a lot of exciting times in months to come.

Everyone love to pinpoint factors to try and rationalize the price. So for you, it's the virus, and for people in stocks, it's "Robinhood" traders.



Bitcoin hasn't moved a whole lot from the halving, which is what I predicted.
In the upcoming months, I do see a lot of interesting things for crypto, like eth2.0 etc but this is a bitcoin topic.
A lot of people would've chickened out by selling in a loss this year if the Bitcoin halving hadn't happened already. No support would've held the type of crash Bitcoin would've experienced this pandemic year. But look at where Bitcoin price is despite the pandemic. So, what do you think is responsible for this if not that it's more difficult earning it right now because of the halved reward? People know that scarcity gives value to a thing and are therefore not ready to let go at a cheap price.

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June 23, 2020, 05:19:53 PM
 #46

I am bullish on bitcoin.I think in last few months there has been considerable amount of correction in market and now we can expect some consolidation in near future.Eth 2.0 will help in cause but to a certain extent.Eth 2.0 can improve the market of altcoin.Bitcoin for me will lone be out perfumer

Why would you be able to expect an increase?

Positivebetting
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June 23, 2020, 07:35:46 PM
 #47

The market is changing, crypto is changing. This is normal. Be prepared for changes, because something incredible is waiting for us soon.
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June 24, 2020, 02:52:26 AM
 #48

I am bullish on bitcoin.I think in last few months there has been considerable amount of correction in market and now we can expect some consolidation in near future.Eth 2.0 will help in cause but to a certain extent.Eth 2.0 can improve the market of altcoin.Bitcoin for me will lone be out perfumer

Why would you be able to expect an increase?

That's based on his personal opinion as he wanted altcoin to increase by just stating that there will be an ethereum 2.0 without really a mechanism to drive the price of altcoins high. Unlike in bitcoin, we have been passed on the halving now and soon, there's a chance of market price increase due to lower reward fees. I could say, it is a mechanism to drive the price way up high in a long term because miners will be forced to sell bitcoin since they need to pay for their electricity bill. Some people will also see this as an opportunity to sell higher since miners will do so, in addition, many will buy knowing of these possible scenarios to happen. Demands in bitcoin is what will really push the price to increase.
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June 28, 2020, 10:56:47 PM
 #49

There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.
Right as past years when the prices fell Down people did not lose hope but they kept on believing and waiting so now is also a time when a little patience is required we should keep patience. This year is also not in vain as if you are true investor you will buy this year at low price and hold in your wallet for long term so I hope next year it will improve as this year civid19 effected normal life so badly not only crypto but the whole economy.

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June 28, 2020, 11:36:01 PM
 #50

There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.
Right as past years when the prices fell Down people did not lose hope but they kept on believing and waiting so now is also a time when a little patience is required we should keep patience. This year is also not in vain as if you are true investor you will buy this year at low price and hold in your wallet for long term so I hope next year it will improve as this year civid19 effected normal life so badly not only crypto but the whole economy.

Many believe but you cannot erase the fact that many became hopeless due to the situation that they lose their money for the huge dump coming in the time of crisis, but everything about it has been proven and I think many got an idea on how to act correctly since years by years bitcoin proves that he can comeback after a huge dump coming on him and we just need to be smart on how to act the situation so that we will not be left trembling for our funds.

R


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