cryptoboss2020 (OP)
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Activity: 322
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September 23, 2020, 09:26:48 PM |
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is cryptocurrency other crash is coming? or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
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nelson4lov
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September 23, 2020, 09:38:52 PM |
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Have you seen the news lately? If you haven't, then your missing out. Right now, there are fears about a second wave of covid-19 coming as the number of daily cases are hitting new highs on daily basis. The market crash started with stocks and gold before extending to Bitcoin and the entire crypto market. If it turns out it's actually a second covid-19 wave, we might see much more lower prices. Don't forget there's also a CME gap around $9.6K to $9.8K so a lot of people are keeping and eye so much that it might turn out to be a self-fulfilling prophecy since everyone is more bearish now than bullish.
The crypto market will definitely rise and reach a $1 trillion marketcap at some point but we'll need mass adoption and more people to get aboard and join the revolution.
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Lanatsa
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September 23, 2020, 09:49:34 PM |
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is cryptocurrency other crash is coming? or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
Crash is coming? Everything can happen on this market neither it would crash, shoot up or moving sideways.No man can tell on what would happen in future. Problem if the market cant act normally? on what sense you do consider out for market to be on normal phase?Its always been like this and you should really get used to it and deal with it. Asking on when would happen just like on that year 2017? We cant tell but its unlikely for it to be experienced once again where everything is shooting up. I do rather prefer a market on a gradual phase movement than on having to look for long green candle spikes and what comes after is a big and long red one.
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cryptoboss2020 (OP)
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September 23, 2020, 10:06:28 PM |
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Have you seen the news lately? If you haven't, then your missing out. Right now, there are fears about a second wave of covid-19 coming as the number of daily cases are hitting new highs on daily basis. The market crash started with stocks and gold before extending to Bitcoin and the entire crypto market. If it turns out it's actually a second covid-19 wave, we might see much more lower prices. Don't forget there's also a CME gap around $9.6K to $9.8K so a lot of people are keeping and eye so much that it might turn out to be a self-fulfilling prophecy since everyone is more bearish now than bullish.
The crypto market will definitely rise and reach a $1 trillion marketcap at some point but we'll need mass adoption and more people to get aboard and join the revolution.
mass adoption is all ready here people who is capable to create btc wallet and buy some crypto are all ready in crypto space then the rest of the people who might be not so in this are not going in crypto anyways. otr they will go but then the whole crypto must come fully legal and goverment should say yes crypto is good thing. so mass adotion...well we are the only ones left and if things dont improve we will be bag holders and nobody to blame on that !!!
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nelson4lov
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September 23, 2020, 10:45:39 PM |
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(...)
mass adoption is all ready here people who is capable to create btc wallet and buy some crypto are all ready in crypto space then the rest of the people who might be not so in this are not going in crypto anyways. otr they will go but then the whole crypto must come fully legal and goverment should say yes crypto is good thing. so mass adotion...well we are the only ones left and if things dont improve we will be bag holders and nobody to blame on that !!! We're on verge of getting mass adoption but we're not quite there yet. Crypto is yet to penetrate majority of the world especially low income areas. In such areas, only a tiny percentage of people know about bitcoin and only know the basics about it. Mass adoption means that cryoto would be use in everyday activities other than speculative trading just like its been done now. Another thing to note is that leading cryptocurrencies like Bitcoin and Ethereum are still battling with scaling issues and transaction bottlenecks. So we're still a long way from there but it's a work in progress and so much has been done already.
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dothebeats
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September 23, 2020, 11:19:07 PM |
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Bull market does not always signify a healthy market. It's a temporary rising state from where it was and there's not a single sliver of guarantee that it will hold on its own for a long time, causing the market to crumble afterwards. There are tons of factors that need to be aligned with each other in order for a bull run to happen, and it's not only a series of good news that pushes the market to a critical point causing it to explode and do a bull run. It doesn't always happen, and the 4-yr cycle of bitcoin on such market conditions is yet to be proven on 2021, though right now the conditions don't seem to align with what happened on the last bull run so I don't think we'll be getting it any time sooner.
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cryptoboss2020 (OP)
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September 23, 2020, 11:27:35 PM |
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Bull market does not always signify a healthy market. It's a temporary rising state from where it was and there's not a single sliver of guarantee that it will hold on its own for a long time, causing the market to crumble afterwards. There are tons of factors that need to be aligned with each other in order for a bull run to happen, and it's not only a series of good news that pushes the market to a critical point causing it to explode and do a bull run. It doesn't always happen, and the 4-yr cycle of bitcoin on such market conditions is yet to be proven on 2021, though right now the conditions don't seem to align with what happened on the last bull run so I don't think we'll be getting it any time sooner.
if the crypto dont improe well its a time to leave the crypto as there is many other things to do it wich will bring real money. cypto is just not do what it suppousto anyways im waiting what the experts say about crypto. but many people around the world start to get out of the crypto if the crypto is not improving
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joniboini
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September 24, 2020, 09:28:17 AM |
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but many people around the world start to get out of the crypto if the crypto is not improving
Well, many said the same thing years ago. Find it on your own, search for something called "bitcoin has died xxx times". If you still can't believe that crypto is here to stay then feel free to leave. Even before 2017, we got a bull run too, and a bear market, and a wipe out of weak hands.
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Natalim
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September 24, 2020, 09:30:38 AM |
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is cryptocurrency other crash is coming?
We don't know but it may come, and if that will happen, I'm sure we will be prepared if we believe that bitcoin or crypto will recover, just like the old days, crypto dump then it will bounce back big time, nothing's change so nothing to worry. or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
There's no such thing that the market can't survive, just keep it calm, once you see a dump, don't panic, consider it an opportunity and I tell you that you'll not regret as the green market will come back for you to have a time to sell what you have accumulated.
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AakZaki
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zknodes.org
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September 24, 2020, 01:34:40 PM |
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is cryptocurrency other crash is coming? or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
I can not predict the future, but I want more than 2017. But looking at the history of the market from the beginning of the market trend of the market going up and down is sure to happen, if crypto stable it is very boring and looking for profit is also difficult. Several times I have looked at the good news, bad news in the crypto world, there is always an effect and I think of it as just a flavoring 😂. One that I set a benchmark for myself, I have to go with the flow.
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Darkelf11
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September 24, 2020, 04:54:32 PM |
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is cryptocurrency other crash is coming? or what is the problem that market cant act normally `? like it was year 2017 when it will work again like 2017`?
No one can tell what can exactly happen in the future. Just like what happened on bitcoin, not everyone expected that it will reach to twenty-thousand dollar value. Who knows what lies ahead? If you will be investing on any stock or crypto investment, the only one you can trust is your knowledge and gut feel. Always keep in your mind that not everything goes exactly what you want. Most of the times da opposite does, and that's devastating for your side.
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CryptopreneurBrainboss
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eXch.cx - Automatic crypto Swap Exchange.
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September 24, 2020, 05:28:27 PM |
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Have you seen the news lately? If you haven't, then your missing out. Right now, there are fears about a second wave of covid-19 coming as the number of daily cases are hitting new highs on daily basis.
But don't you think this doesn't add up, the public are more enlighten on how to prevent the spread of the virus unlike the early months of the outbreak, therefore we should be recording low cases. Steadily the economy and activity has been returning to its normal state then suddenly this negative news starts airing. To me I think this is an attempt to manipulate the market by creating fud among the society. It just doesn't add up. The general economy, market (crypto or non crypto) should have less impact as the fear of a potential second outbreak shouldn't have more effect since it's quite obvious the virus can be contain and there are various ongoing research by different countries on coming out with a vaccine anything soon. The current market situation got thinking we're experiencing a correction that shouldn't take long and nothing more. We have recorded quite a decent months of gains and it's just normal to see traders taking profit.
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harizen
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For support ➡️ help.bc.game
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September 24, 2020, 05:38:52 PM |
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is cryptocurrency other crash is coming? or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
Define "crash" and what is the reason why a question like that suddenly popped in your mind? And what do you mean by "the market can't act normally"? What's the supposed thing you expect to happen now instead? Let's discuss this. Concern like this should be dealt with by anyone who knows what happened before, especially in the year you have mentioned which is 2017. No one knows what will happen. Just go and ride with the current flow while doing something to turn any situation as your advantage.
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nelson4lov
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September 24, 2020, 06:32:27 PM |
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(...)
(...) The current market situation got thinking we're experiencing a correction that shouldn't take long and nothing more. We have recorded quite a decent months of gains and it's just normal to see traders taking profit. Nice observations there. There's some nice facts in what you said. I took a look at the recent covid-19 statistics and in recent times ~ last 1-2 months, we have recorded low number of cases and even lower deaths. However in September, there have been a spike which immediately led to a dump in traditional markets like stocks, gold immediately followed suit and it didn't take long for Bitcoin and altcoins to join the party. There have been a strong correlation between Bitcoin's price and that of stocks and gold. So I'm wasn't surprised the crypto market took a hit immediately the Fud started going round and it was fueled by the fact that we still have a CME gap that's still yet to be filled around the $9600 - $9800 price levels for Bitcoin. Not all gaps have to be filled anyway. Historically, September has been a month where the crypto market takes a dive. Thanks to the recent dips, I feel we've had corrections several times already. Bitcoin dropped from the peak price of $12K+ to sub 9k levels and almost did same yesterday. Majority of the altcoins that skyrocketed in july abd August have lost significant gains ~ –50 to –80% in losses.
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abel1337
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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September 24, 2020, 07:05:48 PM |
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is cryptocurrency other crash is coming? or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
Define "crash" and what is the reason why a question like that suddenly popped in your mind? And what do you mean by "the market can't act normally"? What's the supposed thing you expect to happen now instead? Let's discuss this. Concern like this should be dealt with by anyone who knows what happened before, especially in the year you have mentioned which is 2017. No one knows what will happen. Just go and ride with the current flow while doing something to turn any situation as your advantage. If bitcoin loses its volatility, That's the time we can tell that the crypto market isn't acting normally. Being volatile is the nature of cryptocurrency and it is pretty normal for it to move on a crazy pumps and dumps. Our current situation is normal, especially on those mainstream tokens. I think he is expecting to have a bull run like 2017 in this year We can't really tell if that going to happen this year, I think you were just hyped by somebody who's telling everyone that this year will gonna be the year that a massive bull run will happen. I'm not telling that it's not possible but it's a no brainer for us to just wait for it to happen and not think that crypto is broken because it doesn't give you a bull run your expecting,
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milewilda
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September 24, 2020, 08:18:20 PM |
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Sigh, the market is struggling for maturity i guess!
Seems like you are just new into this market.What maturity do you really like to see? Its been just 10 years since this market had started. Bull market? We have seen lots of scenarios or times but to expect that we cant just hope or do see about moving up but also there would always be a flipping of price which is normal.Whats wrong? its a usual market cycle and this market is highly reactive to news and other sentiments thats why you would really be confused if this one will grow up or would just stay on low levels but if you have able to experienced the past events happened on crypto space then you would definitely say the other thing around. Struggling or not then it do varies from day to day, week to week, month to month, year by year.Everything is not assured on how it would perform.If you decide to engage into this market then brace yourself and expect the unexpected things to happen along the way.
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carter34
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September 24, 2020, 09:53:16 PM |
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No need to express any fear in market news. All is going well for bitcoin only for the speculated second phase of the covid-19. The first phase has been taken care of very well in my own understanding and I expect that with a second phase happening, it won't have serious effect on bitcoin because people already know what to do for prevention and casualties will not be much and investment will continue.
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Bighero76
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September 24, 2020, 10:01:48 PM |
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We have been over $10k for over a month now. Better than 2019!
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BrewMaster
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There is trouble abrewing
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September 25, 2020, 02:27:48 AM |
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or what is the problem that market cant act normally `? like it was year 2017 when it will work again like 2017`?
if you think 2017 specially near the end was "normal" then you are very wrong and naive. the 2017 was partially hype for bitcoin and 100% pump and dump for altcoins. there is no reason to see that be repeated for altcoins anytime soon because the market is still filled with a lot of them that need to be dumped and die before we are back to healthy altcoin market again. it probably won't be until 2021 when bitcoin price is above $50k that altcoin pumping starts again.
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There is a FOMO brewing...
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maydna
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September 25, 2020, 03:44:11 AM |
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is cryptocurrency other crash is coming? or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
What crash? I think the crypto market is not really on that crash because if you check on the market, bitcoin price tries to increase, and it's on the way to touch the high price. If the price is down is another crash, you are wrong because that moment can be another correction that will always happen to the crypto market, not just for bitcoin, but also with the altcoin market. The crypto market will have the time like 2017, and I think we will see that moment will come back again. You better prepare for that time, and even if there is another correction that will happen to the market, that will be no problem because the bull run will come soon.
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