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Author Topic: What's happening with Bitcoin & altcoins?  (Read 303 times)
M Sarwar
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August 14, 2020, 07:43:22 PM
 #1

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
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August 14, 2020, 07:44:49 PM
 #2

I think they might be taking a break from various declines and price increases every day. Isn't there a lot of coins at this time that should be tradable? In addition, the price of the BTC and other altcoins face difficulties to increase even there are some different progress and also information. Although t is still after halving, I don't think that it an or avail ale.
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August 14, 2020, 10:50:40 PM
 #3

we can guess it is a whale game or it is a pure hike, so I see this is indeed an increase but it is not maximal in any case. So maybe I think it should take a little longer to get to the top to prove that it's not a temporary pump from the whales

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August 14, 2020, 11:17:34 PM
 #4

i dont know if the OP knows what he's talking about? he's saying about btc to be in the $10k level but we are already more than $11k and actually reached $12k in some exchanges. so what is he trying to say here? is he just posting crap without checking whats going on in the market?  Roll Eyes Roll Eyes

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August 14, 2020, 11:37:10 PM
 #5

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

I don't think anyone can perfectly answer the question of if this is bull run or not, because each and everyone will have reasons to back their answers. In my own opinion, the market is recovering because the pandemic regulations are being relaxed with people going back to their businesses and ways of life. Now coupled with Defi hype, people are seeing the need to invest in their desired coins, of which Bitcoin and Ethereum are on the forefront.

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August 14, 2020, 11:38:49 PM
 #6

Cryptocurrency would be strong when we all think this is the best time to invest. Few person can't control Bitcoin price. New altcoins are doing great, old altcoins can't pump without a big development. History is reminding us that Bitcoin price is going to more stronger.
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August 14, 2020, 11:43:47 PM
Last edit: August 15, 2020, 01:41:59 AM by Coin_trader
 #7

i dont know if the OP knows what he's talking about? he's saying about btc to be in the $10k level but we are already more than $11k and actually reached $12k in some exchanges. so what is he trying to say here? is he just posting crap without checking whats going on in the market?  Roll Eyes Roll Eyes
Funny thing was no one above your post notice it and they just post straight here without reading the context completely. The next hurdle for BTC was the 12,000$ resistance that BTC keeps rejecting for over a week. I believe there will be a multiple top tomorrow at 12,000 to 12,200 range. Once the break it and form support there. 15,000 is the next target which I believe the OP of this thread will never come back to correct his context.


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August 15, 2020, 04:21:29 AM
 #8

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
Oh yes it is rising up.
You're quite outdated, OP.
Bitcoin already managed to break past 10k and it isn't even struggling right now.
I am not sure how would it go for alts, but most of us know already that some/most alts tend to follow Bitcoin's price movement.

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August 15, 2020, 04:26:29 AM
 #9

Yes, I think that this is what is happening. Bitcoin and the market in general have been stagnant for a long time and suddenly everything moves. There must be pumps from whales working in secret. The prices of some altcoins are high against Bitcoin despite all the bitcoin overload, but I expect that Bitcoin will continue to rise until it outperforms these altcoins.

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August 15, 2020, 04:36:02 AM
 #10

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
Who knows actually when the pump seen is organic or what. Its not like we can monitor all whales that keeping the price hike and dump. The whole market is a combination of all investors and traders and the fact that demand will only be seen on the chart of the market. Bitcoin or altcoin they are both striving whether to dump or pump. I actually pretty bullish on the result. Maybe we can see a break out or stability on 11k or closing 12k.

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August 15, 2020, 05:48:10 AM
 #11

The Relationship Between Bitcoin and Altcoins

 Bitcoin price movements are generally able to influence Altcoin prices.  The relationship is not always predictable, but there are some of the most common trends.

 In simple terms, there have been several trends that have historically occurred between Bitcoin and Altcoins.  However, it should be noted that every event in the future is not necessarily the same as the conditions in the past, and anything can happen.  Some examples of cases that we will discuss are trends that must be considered, not a definite reference in the future.
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August 15, 2020, 05:48:58 AM
 #12

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
If it's only temporary then at least we made a profit from it, the pump I don't think is only temporary the market is moving up many people are buying more that is the market motivation now the buy support is now stronger then selling I'm very positive that we caN AT LEAST REACH $17000.

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August 15, 2020, 06:36:38 AM
 #13

Current btc prices will be at this level while whales like it. It's all about speculation. However, the green market is much more attractive to newbies with fresh money

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August 15, 2020, 07:07:51 AM
 #14

Bitcoin is fully supported as father and mother to all coins. I think there's nothing wrong with that whereas digital technology has still remain in demand thru many assets even both of them are still having more consequences due to it is free anytime for serving, I saw the possibility of decline is normal and there is no any negative sign.

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August 15, 2020, 07:33:47 AM
 #15

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

With the current price that Bitcoin and other altcoins are having no we are in a better position than what we have two months ago that'ss something that we should all be thankful if this is a temporary pump then so be it, the price will eventually go up even there are no whales pumping the market, people are on a buying mode because of the so many good news coming in.

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Vanessamix
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August 15, 2020, 07:36:06 AM
 #16

we can guess it is a whale game or it is a pure hike, so I see this is indeed an increase but it is not maximal in any case. So maybe I think it should take a little longer to get to the top to prove that it's not a temporary pump from the whales
It will take a bit more of consistent grow to convince most of people that crypto market is somehow reliable and worth a try.
This is when the actual pump will happen
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August 15, 2020, 07:40:21 AM
 #17

we can guess it is a whale game or it is a pure hike, so I see this is indeed an increase but it is not maximal in any case. So maybe I think it should take a little longer to get to the top to prove that it's not a temporary pump from the whales
It will take a bit more of consistent grow to convince most of people that crypto market is somehow reliable and worth a try.
This is when the actual pump will happen

There was some Defi craze meanwhile. Many Defi coins rose sharply at a much better pace than bitcoin could. While Defi indeed is a good platform for future, it's not sure that all or any of the current Defi coin would be the leader of defi market in the future. It's a risky hype driven rise and the prices are now correcting themselves while bitcoin have has a slow but steady rise towards 12K.

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lobo13hf
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August 15, 2020, 08:38:00 AM
 #18

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
I don't think so and you should not believe with all of those who have been spread FUD to the market. As long as the support of bitcoin and altcoins will remain very strong and it can't be dumped easily and i think you should watch the market again. You must know how the market works today


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Bossfidelity
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August 15, 2020, 11:07:28 AM
 #19

In my opinion, the market is generally bullish and both bitcoin and altcoin are experiencing increase in value. Bitcoin has a history of steady increase for a while now and altcoin like ethereum are increasing rapidly later, maybe it's because of the ethereum 2.0 project, or something else cooking
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August 15, 2020, 11:19:23 AM
 #20

anyone said this is a temporary pump? then we take advantage of the pump whose time may be short according to some predictions. now bitcoin has crossed $ 11k and etherum has also reached $ 400. if this temporarily pumps, it should drop again next week maybe back to $ 300. but if next week the value is still stable and tends to go up, this will be a big pump and bullish is a very good time.

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