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Author Topic: This is to be the beginning of the rise of cryptocurrency  (Read 807 times)
Lexurdania
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October 08, 2020, 06:46:34 AM
 #21

Cryptocurrency is too volatile to presume a permanent beginning or rise! The popularity, the awareness, the technology etc being adopted, becoming mainstream, that is what would truly mark the beginning of the rise of crypto.

The fluctuation is quite high but in my opinion it is a common thing in any market. As a technology, blockchain could become the technology of the future in terms of storing transaction data because of its transparent nature and I think this technology will continue to evolve.

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October 08, 2020, 07:26:08 AM
 #22

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
I just focus on government regulation, I mean, if there is many government use blockchain to support their system then we will say it is just a beginning. As we all know, there is indeed many project who comes and some of the are innovative, but it is just for crypto user only. The people out there still doesn't know what blockchain and crypto currency is.

It will takes a long time, and the main focus to make blockchain known by most people is the government itself. Until now we still relly on government regulation, if the government ban crypto currency there will also many project who dead because this regulation. But it will be otherwise if government accept all crypto currency stuff, we will have many opportunities for many people use and aware against crypto currency and blockchain.
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October 08, 2020, 08:43:04 AM
 #23

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology

Right now, I might not get into full confidence that this will be the start of rising cryptocurrency. It's just a normal behavior that we may experience from previous pattern and then goes back to what it really is. With the recent projects and developments, well that's going to become transparent around the world, but not on a point that this brings back the full recovery. What's important this time is to save the most valuable coin that you want, and wait for the perfect time it will gain a sustainable price to earn good profit.

With the advent of technological approach and the ease at which transactions are been carried out all over the world I strongly believe Cryptocurrency will certainly appreciate more because it helps reduce the stress of currency conversation. I strongly believe the future is crypto
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October 08, 2020, 08:59:48 AM
 #24

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology

Right now, I might not get into full confidence that this will be the start of rising cryptocurrency. It's just a normal behavior that we may experience from previous pattern and then goes back to what it really is. With the recent projects and developments, well that's going to become transparent around the world, but not on a point that this brings back the full recovery. What's important this time is to save the most valuable coin that you want, and wait for the perfect time it will gain a sustainable price to earn good profit.

With the advent of technological approach and the ease at which transactions are been carried out all over the world I strongly believe Cryptocurrency will certainly appreciate more because it helps reduce the stress of currency conversation. I strongly believe the future is crypto

before it will rise though it has to fall. there are certainly more projects that will drive the price to another ATH but this market will first allow the new comers to get as much BTC in their hands including the late ones.

so much confidence built today for btc stays above 10k for more than 60 days but its going to disappoint you if you buy this hype they are building.  






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October 08, 2020, 10:02:07 AM
 #25

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
Mate the crypto industry is still here since the first year of Bitcoin launch til today, thats why its no use for revival because it is continue thriving and growing until these days But you're right even the governments are already seen the huge potentials of Blockchain the technology that responsible for the cryptocurrency development which is also used for there CBDC projects.
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October 08, 2020, 10:09:49 AM
 #26

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
Mate the crypto industry is still here since the first year of Bitcoin launch til today, thats why its no use for revival because it is continue thriving and growing until these days But you're right even the governments are already seen the huge potentials of Blockchain the technology that responsible for the cryptocurrency development which is also used for there CBDC projects.
Cryptocurrency has already risen in the digital world and i believe that today is not the rising but instead today was the time that cryptocurrency were thriving and growing more and hopefully could find its way to get to high peak like it was way back 2017.  Today was not the beginning of rising the cryptocurrency but today has a lot of new ICO risen in the world of digital currency, a lot of coin a lot of rivalry that may risen up too

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October 08, 2020, 11:31:13 AM
 #27

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
Most probably this is the beginning of something new and the revival of cryptocurrencies will definitely rose up once again especially now that many people see a very high potential of gaining passive income using this blockchain technology.
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October 08, 2020, 12:25:36 PM
 #28

Most probably this is the beginning of something new and the revival of cryptocurrencies will definitely rose up once again especially now that many people see a very high potential of gaining passive income using this blockchain technology.
Everything has a beginning, be it bad or good, and for blockchain technology itself I think it will always be viewed well by all crypto lovers especially if there are developments that are more beneficial to users.
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October 08, 2020, 02:20:15 PM
 #29

I am optimistic about cryptocurrencies right now because people have the experience to stay away from shoddy projects. Old projects have their own products and are being used by many people. Big companies collaborate on these projects because they actually get things done. That's how the market grows organically.
What's special this year is that the DEXs have dominated the CEX. I believe a bright future for Crypto is very near.

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October 08, 2020, 02:23:40 PM
 #30

as pupils work on customs with the masses as dominance with the literacies on jobs as involved, the use with extensive option on occupying blockchain might helps with the customs of security or more with the utility as referring excess on monetization or more with the decentralized forensics.

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October 08, 2020, 02:39:17 PM
 #31

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
From the beginning itself crypto projects uses blockchain technology so what is the difference of the new projects using it from the old one?
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October 08, 2020, 03:39:34 PM
 #32

If you are talking about the big bull run then i agree because post btc halving the last quarter of the year is usually bullish and we are just into the last quarter now and hopefully from november we will see the bullish impact in the market that will hopefully continue till next whole year.
Let be frank when making comments so as not to lure others into bad decisions. Bull run? You mean similar to that of 2017?
If you check market cap, you will agree with me that the recovery of Bitcoin and other alts was a healthy one. From 3.6k to yearly high of 12k, but don't expect something like real bull run. Some factors that contributed to 2017 uptrend are no longer in place, therefore, alts and new projects may have a new trend and everyone would want to cash out at slightest opportunities.
We may see side ways for the rest of the year if election don't affect stock market imo. There is correlation between cryptocurrency and stock markets.

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October 08, 2020, 04:01:26 PM
 #33

I don't think anyone would be happier than me if it will be the beginning of a revival for cryptocurrencies. Grin It was heartbreaking to see the market in such a bad state for so many days. My mind says something good will happen this time.
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October 08, 2020, 04:43:06 PM
 #34

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology

Defi farming looks bubble to me. A lot of New DeFi project with the same purpose of farming. Many people will end up losing their funds like 2017. But the crypto market is already trending and the Global crypto market is expected to grow over $39.7 billion by 2025. People trying to simplify their business with blockchain technology by integrated supply chain management applications. This can push the crypto market up.
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October 08, 2020, 05:02:56 PM
 #35

This a a beginning of nothing but another proof that humans as a group can never do something good without an individuals brilliance or without a careful intervention by a concerned group of citizens to act as vigilantes or safe-keepers. Decentralization, when allowed to its full extent just goes to prove that humans are little more than greedy snakes just out to hurt each other. They will leave no stone unturned and there is no deceit and treachery they will shy from in order to benefit from the misery of their own fellow humans. Just look at these shameless copies and scams. I feel almost angry on these thousands of people who are falling for the rug-pulls by people who name themselves against an existing token. Or for someone who is idiotic enough to name their products on food items. Its a fucking joke, and its not even funny.

Till some people come together to actually rein this degeneracy, this thing will only end up hurting a lot of people and enriching a few like the ICO scams did. Next you know, the DeXes will start coming under regulator scrutiny and people would have finally fucked the ecosystem for good. Thank god for Bitcoin and Thank god for people like the Core devs. Imagine if these devs were like the imbecile Ethereum devs.

There is a big lesson in all these rug-pulls and scams for all the people who question bitcoin for various reasons. Those people have actually managed to implement and keep running billions of dollars worth of financial tools without any major incidents and without anything close to a scam, for 10 fucking years. And here we are with Ethereum developers running away with people's money and spoiling a great idea like DeFi.
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October 08, 2020, 05:03:43 PM
 #36

Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology

I don't think the number of crypto projects will affect the growth of the crypto market. My opinion is that there is a certain cyclical nature in which the crypto market grows and develops. For example, if the last growth was in 2017, then in 4 years there should be the next flight to the moon, and this turns out in 2021. Perhaps in 2021 there will be some event that will trigger growth. Perhaps the launch of the digital yuan or something else will affect this. In any case, the crypto market will develop and there should be growth.
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October 08, 2020, 05:05:18 PM
 #37

If you are talking about the big bull run then i agree because post btc halving the last quarter of the year is usually bullish and we are just into the last quarter now and hopefully from november we will see the bullish impact in the market that will hopefully continue till next whole year.
Let be frank when making comments so as not to lure others into bad decisions. Bull run? You mean similar to that of 2017?
If you check market cap, you will agree with me that the recovery of Bitcoin and other alts was a healthy one. From 3.6k to yearly high of 12k, but don't expect something like real bull run. Some factors that contributed to 2017 uptrend are no longer in place, therefore, alts and new projects may have a new trend and everyone would want to cash out at slightest opportunities.
We may see side ways for the rest of the year if election don't affect stock market imo. There is correlation between cryptocurrency and stock markets.

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One way or another, citing the 2017 bull run as an example, we should also mention the cryptocurrency market indicators in 2013, because in my opinion these indicators were directly related to the halving of 2012 and 2016, respectively. Thus, we can still hope for a similar behavior of the cryptocurrency market in the next year after halving 2020. And if we talk about the impact of the US presidential election on the cryptocurrency market, then today we can prepare for Biden's victory and for possible changes not only in the cryptocurrency market, but also stock market.

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October 08, 2020, 05:21:50 PM
 #38

If you are talking about the big bull run then i agree because post btc halving the last quarter of the year is usually bullish and we are just into the last quarter now and hopefully from november we will see the bullish impact in the market that will hopefully continue till next whole year.

We can be shocked by bitcoin price this year. It may not go that high or bull as expected. Like you have said since halving and many expecting that bull but remember this is covid-19 time and that can be one reason for the bull slowing down. Investment is not high unless with the end of year like it happened in 2017 time.
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October 08, 2020, 05:25:40 PM
 #39

~
Crypto space didn't die, so there's no point of saying that it is starting to revive. It is alive.
Maybe you're identifying the bull run as what others mentioned here and not being in a bull run doesn't mean that crypto died. It is just taking its time for a bull run, well not for the shitcoins of course, they stay shitcoin.
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October 08, 2020, 06:24:29 PM
 #40

I see that most bounty projects appear based on Defi's hype, whether this is a form of market trend or not, I don't understand. But in fact, every day the Defi bounty project always appears. and even from mid-August to the present.
It's simple. Projects want their own coin to be successful in terms of crowdfunding that's why they are relying on the Defi hype and they know that people will invest and want to earn their part on those new Defi projects. Because of the nonsense projects that made their success from this hype, Many project teams wouldn't want to miss this kind of opportunity for their project to become successful in terms of crowdfunding and later on in the market.

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