WTF is going on in crypto 💣

[kryptqnick]

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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[pawanjain]

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.

[Artemis3]

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...

[finaleshot2016]

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.

[Shasha80]

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.

[LogitechMouse]

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.

[TravelMug]

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.

[Mpamaegbu]

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.

[davis196]

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.

[Onuohakk]

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

[Reid]

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?

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.

[Slow death]

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

[JohnBitCo]

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.

[Botnake]

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.

[ethereumhunter]

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.

[adzino]

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.

[TimtheYoutuber]

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.

[winterlemon912]

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.

[XCANA]

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.

[Sadlife]

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.