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Author Topic: Recent situation of Cryptocurrency...  (Read 518 times)
mianvicky1 (OP)
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November 10, 2020, 08:50:33 AM
 #1

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
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November 10, 2020, 09:06:48 AM
 #2

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
could happen but I am not sure about it. The most important thing is still the way the sharks trend. Defi is really hot and still has a lot of people pouring money to invest and find the best quality project. As you said, there are currently a lot of Defi projects being developed, such as Defiat, Spacemine Defi, Iyield, even a technology project but moving to focus on developing the Defi platform. That protocol is the Kira Network.
In my opinion, the clearer the team information as well as the platform development, the more likely it will succeed in this Bull run phase. KiraNetwork will be a good example Wink
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November 10, 2020, 09:11:00 AM
 #3

Nope, too much coin and token launched aren't good especially it's scam project. Many people are got rekt and fear to enter crypto space again, because they don't want to get scammed again.

I'd say it's make the price dump since there's not enough demand. I don't find any reason why there's still people creating it's own coin while there's good coin already exist.

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November 10, 2020, 09:20:55 AM
 #4

If you're looking for a coin to invest in, you would have to do your own research. Pump or hype around a project does not mean it is credible or worth holding for the long term, and if you're looking for a get rich quick venture, you should understand it's a huge gamble and you bear the risk of burning through your capital quickly as well.

The altcoin space is a bit crowded in now with so many new projects springing up due to the DeFi hype, as an investor you should learn to filter through it all and decide if any coin or token is actually worth your investments.

In my opinion, the clearer the team information as well as the platform development, the more likely it will succeed in this Bull run phase. KiraNetwork will be a good example Wink
Utility is also an important factor. Some projects do not survive market cycles cause they were built on hype without actually trying to solve any problem, which would have driven demand to it.

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November 10, 2020, 09:53:08 AM
 #5

Can't tell for sure a trend would continue and for how long but crypto has been a volatile market. The adoption and use of certain currency have increased largely and coins like bitcoin are getting rarer as business and funds are hoarding coins and different platforms are freezing bitcoin to create their own bitcoin pegged tokens. And there are hyped coins which may or may not reach the success people are expecting from them. So, it wise to be cautious and picky on choosing coins for investment.

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November 10, 2020, 10:52:57 AM
 #6

The so called current sitiation of cryptocurrency, in my opinion, happened many times now in many instances since Bitcoin was invented and many coins were created after that. And it continues to this day, where many companies and projects compete for investors to invest. We just have to learn to know the trends and to know which projects to support. Everyday is always a challenge.

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November 10, 2020, 10:58:18 AM
 #7

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
Eth 2.0 is going to be the biggest crypto event of this quarter and it is expected to go live with the mainnet by 1dt of December so i am expected good volatility for next few weeks and hopefully eth will be pumping up to create new highs because of revolutionary upgrades.

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November 10, 2020, 11:10:53 AM
 #8

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more

Before investing in any coin, you should do enough research about that project. Because if there is any problem in that project later, there will be a loss of your money. Lots of projects will come in the market now as the market is now in up trend, some people will try to take advantage of this state of the market.

It is not right to invest in a project that is attracted to pump and dump. We have already seen lots of projects that have scammed the investors money. The hype of a project does not last long, unless that project is promising. So now find potential projects and invest, this will reduce your risk a bit.

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November 10, 2020, 11:26:59 AM
 #9

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
Eth 2.0 is going to be the biggest crypto event of this quarter and it is expected to go live with the mainnet by 1dt of December so i am expected good volatility for next few weeks and hopefully eth will be pumping up to create new highs because of revolutionary upgrades.

Before that happen I think BTC will do the first move before eth bring his first move of increase   then other altcoin that use eth platform will also follow the trend it will bring fire for altcoin seasons to start.

If the prediction was right altcoin season will happen last quarter of December.
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November 10, 2020, 12:50:15 PM
 #10

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
Eth 2.0 is going to be the biggest crypto event of this quarter and it is expected to go live with the mainnet by 1dt of December so i am expected good volatility for next few weeks and hopefully eth will be pumping up to create new highs because of revolutionary upgrades.

Before that happen I think BTC will do the first move before eth bring his first move of increase   then other altcoin that use eth platform will also follow the trend it will bring fire for altcoin seasons to start.

If the prediction was right altcoin season will happen last quarter of December.

It could be that December is a good month for crypto price movements. But looking at the current situation, I think Bitcoin price will continue to rise and Bitcoin dominance is still above 60% this year. If Bitcoin's dominance drops below 60%, I think there will be a lot of altcoins whose price will go up and I think ethereum will be a high altcoin price increase
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November 10, 2020, 01:09:55 PM
 #11

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
That depends on the bitcoin. If bitcoin still continues to get massive pump and altcoins might have a chance to follow it. The recent pump happened with altcoins were following the trend that was also happening with bitcoin too. When bitcoin increases even more and altcoin could also follow that but it doesn't mean the pump that will be happening in altcoin will be so big as bitcoin.
It's still speculative. I don't wanna bet a lot on altcoin these days but it's still worth to keep some.

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November 10, 2020, 01:18:06 PM
 #12

I've noticed that lots of token projects launched this year. And most of them are failed to reward the investors and users who followed them. There are some tokens that upon launching dumped its price x10 of their token sale price which upsets the investors most. There lots of scam projects also. But what's good is that Bitcoin price rised a lot.
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November 10, 2020, 02:03:31 PM
 #13

I've noticed that lots of token projects launched this year. And most of them are failed to reward the investors and users who followed them. There are some tokens that upon launching dumped its price x10 of their token sale price which upsets the investors most. There lots of scam projects also. But what's good is that Bitcoin price rised a lot.
What you say is not entirely true, even though this year many projects failed or scams, but not a few projects were quite successful and successful, both regarding development and sales of the project, we can see how the possible projects of DIA, TON and Lattice It is quite surprising, in my opinion, especially when we can see that almost all the bounty hunters who participated in the project received a fairly high fee.

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bttmember
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November 10, 2020, 02:32:10 PM
 #14

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
The way i am analysing the market is that the market has obviously changed the direction and at the moment we are seeing another small consolidation phase and im hopeful that the market will continue the uptrend from here onwards.

bittick
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November 10, 2020, 02:36:16 PM
 #15

truth is no one know for sure. like for example the emerges of defi projects no one know it's gonna happen that could trigger the bullish market. right now the crypto situation is kinda good seeing its got recognition from many sides and I think it's logical to expect some bullish market in the upcoming future but you should be prepared if nothing happened because as i said earlier no one knows for sure.

Atang Sulaeman
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November 10, 2020, 02:55:04 PM
 #16

from year to year each project that takes place assumes an increase or increase in the coming year,
and in fact many crypto coins have actually decreased their selling value, what is clear is that bitcoin i
s the best with price resistance that continues to rise even though from year to year there is always
a decline but prices keep going up.
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November 10, 2020, 03:19:18 PM
 #17

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
What are you saying about this? can you predict the future of crypto by saying the pump on any project whose clarity is still questionable, if you can see the future, then who will pump all of that?
chip1994
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November 10, 2020, 03:42:11 PM
 #18

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
Eth 2.0 is going to be the biggest crypto event of this quarter and it is expected to go live with the mainnet by 1dt of December so i am expected good volatility for next few weeks and hopefully eth will be pumping up to create new highs because of revolutionary upgrades.
ETH 2.0 is really a great version but in terms of the price of ETH going up further I won't be sure.  Because this is the right game for the big money, they sometimes bought ETH when it was around $ 90 earlier this year. I mean its price has gone up a lot this year and that is a sign of buying whales.  The scenario would be that when Ethereum's PoS comes in, the price will suddenly drop due to a lot of speculation early on.  the same way that Binance exchange did when it launched Staking BNB last year.
So I just want to advise you not to trust too much on the growth of ETH in the coming days.  Maybe it will be a big trap Smiley


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john_nautica
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November 10, 2020, 03:45:04 PM
 #19

Aside from Ethereum 2.0 I haven't seen any more events that is coming up or maybe I'm not just aware of it. We are not quite sure what would happen to the market since it's decentralized market it may change a lot.

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November 11, 2020, 04:41:49 AM
 #20

Basically other Project or Altcoin price it's depending on Bitcoin Price so as we can see recent Bitcoin Run have some impact too, Beside that since DeFi become more Popular and Mostly new Project was have an DeFi Scheme so it people still seeking new investment before it become Mainstream like ICO, IEO, etc. IMHO i think the most signficant cause was Paypal Implementing Bitcoin, Eth 2.0 and US Election, Just hope this trend will continue till end of the year.
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