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Author Topic: How about the future of the market?  (Read 1113 times)
hack3rcon (OP)
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May 29, 2021, 01:47:41 PM
 #1

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.
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June 12, 2021, 11:23:08 AM
 #2

The price of BTC and others altcoin declined because of bad news from China goverment and Elon Musk at the same time. In crypto, there are always 2 trend, bearish and bullish and for each trend can be taken for 2-3 years, and the trend changing for every 3-4 years. But for BTC, the price is always going to new ATH for every bullish season. This is according to history of BTC price. I think for now, the market will continue with bull season until 2022 and then the market changing to bearish season again for another 3 years.

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June 12, 2021, 01:32:43 PM
 #3

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.
you don't need to worry, because the price will definitely increase again and in my opinion NFT is not the future of cryptocurrency, but NFT is one part of cryptocurrency, because there are still other projects that are part of cryptocurrency, so it's not just NFT, therefore In my opinion NFT is not the future of cryptocurrency, but NFT is one part of cryptocurrency in the future.
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June 12, 2021, 01:40:26 PM
 #4

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.
There's no assurance about our future but you must start working now to at least make your future better and with regards to cryptocurrency, no one can tell if this is already a bear market and if its going to continue going down as the market remains unpredictable. NFTs are growing they have a good future because they are already working on a good projects and we already saw a great demand for NFT so I believe on a great future for them.
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June 12, 2021, 01:48:35 PM
 #5

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

I think the market ups and downs are just a part of the bigger picture it happens for a reason and I believe just like any other industry cryptocurrencies are not exempted from this and if we compared to the previous years let say 2019 this situation also happens that's why I presume that it is just a normal market cycle after the bullish market trend next is the bearish trend and we can't do anything about it, its the market that dictates what would be the outcome and no one can predict it.
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June 12, 2021, 01:57:26 PM
 #6

I’ve have been dealing with a great NFT projects in the past days and I can say that they are really good and most of the NFT project has a bright future. Don’t be afraid of the falling prices because that’s normal and the crypto market can still recover. Have you heard about the news with regards to making Bitcoin as a legal tender in El Salvador? Imagine the future that we have on this kind of news and do the math.
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June 12, 2021, 02:28:41 PM
 #7

Have you seen the market is declining? when?
Apparently, it was just a sort of market correction, not a thing that we think we are already in bear season.

Quote
Is it true that NFTs are the future of the cryptocurrencies?
I don't know and I'm not sure if these NFT's projects are promising or they just like Defi projects that after it surges high, like a bubble that it burst and say goodbye.

Well, the future of the market is clear to have a better future. I can say that because it is what I believe, I trust crypto and I know the next generation will adopt the system.

R


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June 12, 2021, 02:30:09 PM
 #8

I think the market ups and downs are just a part of the bigger picture it happens for a reason and I believe just like any other industry cryptocurrencies are not exempted from this and if we compared to the previous years let say 2019 this situation also happens that's why I presume that it is just a normal market cycle after the bullish market trend next is the bearish trend and we can't do anything about it, its the market that dictates what would be the outcome and no one can predict it.
Yes, every year there are always decreases and increases in the cryptocurrency market which sometimes cannot be predicted by anyone, but everyone should know that the decline and increase always starts with the amount of demand and supply in the crypto market.
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June 12, 2021, 02:48:07 PM
 #9

The future of the market is still bright. Look at El Salvador. They made bitcoin a legal tender. More countries are to follow soon. Crashes like this is very normal and is actually good that it happens. We went up too fast. Think of this crash as an healthy correction. The crash means more opportunity for you to invest. Crashes open doors for new investors to enter the market, spreading the limited amount of coins among different people instead of few groups of whales. And no, NFTs won't be the future of crypto currencies. It will stay though even after all those NFTs hypes are over (already is).

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June 12, 2021, 03:07:40 PM
 #10

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Market is now on correction phase and it’s happened because of combined fuds from China and others. Although crypto market is having many type of trends/hypes by the day's gone, but NFT will stay in this market forever just like defi. But it's true that NFT hype is increasing day by day and it’s still on the starting phase, IMHO.

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June 12, 2021, 03:19:13 PM
 #11

There are some factors that really hit the market down and that's badnews, but no need to worry mate because its part of the performance of the market wherien like a roller-coaster,  what i mean there's no way it will end up like what you think as it keeps increasing the support especially such current situation that seems good to invest.  Just imagine its low now and when it rapidly increase it will always can guarantee huge profits., so how comes ppl will ignore this big opportunity.
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June 12, 2021, 03:21:40 PM
 #12

the government continues to try to bring down Bitcoin at all costs, look today the growth lasted only a short time then the correction returned. if you say NFT for today I think everything will look fine, except NFT betrays the existence of bitcoin in the future. We don't expect that, but what is certain is that whenever BTC will be torn down, it knows that it will always grow when everyone is desperate. and only the old holder is the winner.
stay back on our feet, believe in BTC for the future, or have doubts?

you decide!!!

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June 12, 2021, 03:22:05 PM
 #13

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

No one knows what happens in the future so don't expect to get a concrete answer here from anyone which tells you exactly how the market will develop in the upcoming weeks and months. In my opinion the main problem is that we had a bull market for about half a year until the beginning of may and a lot of projects where overvalued and also overhyped. Then the tweet of elon musk came and his appearance on SNL where he said that dogecoin is just a hustle and because the market was already nervous at that point because the prices were so high this was enough to initiate the phase of declining prices which we see at the moment.
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June 12, 2021, 04:44:14 PM
 #14

The future of cryptocurrency market is absolutely unpredictable the movement of market is mostly depends on positive or negative news this is what I have seen so far. Up and down both are a part of cryptocurrency market so we must always try to take steps responsibly in the market. NFTs are in trend these days a lot of people even celebrities are excited for NFTs so on this basis NFTs may have a bright future.
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June 12, 2021, 04:52:39 PM
 #15

The future market is unpredictable as usual just like how it was during the 2018 bear market. None of us expected bitcoin would reach such price because the value of it was high already during the bull run that occured way back. Right now, bitcoin is experiencing a crisis and everyone feels troubled after all the issues bitcoin is currently going through such as being banned in China and being rejected by Elon Musk. Such things made a huge impact on bitcoin's price leading to another bear market but still, we should not give up and keep on going. Hold as long as you can and surely it will be worth it soon.
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June 12, 2021, 05:01:31 PM
 #16

The market still keeps declining, moreover, at weekend, it will be worse.
However, you don't need to worry or panic because of the current market situation. The cryptocurrency will still survive during the bear market. There have been several similar experiences so far, moreover, they were worse.
And now, the market is still down not because the bullish season has ended or now is the bearish season, but more to the FUD spreading during the current time. The bad news from China, the US, and also some statements by Elon really give a big impact on the crypto market.

R


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June 12, 2021, 05:06:13 PM
 #17

I think you don't have to worry about the future because I'm sure things will come back as usual and maybe it will be much better in the future.
and for the cause of the coin falling, I think this is from the impact of the news caused by the billionaire and china, where this news came in a short time and almost at the same time so that bitcoin fell and altcoins automatically received the impact.

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June 12, 2021, 06:21:51 PM
 #18

NFT will not be the future of crypto market. In fact NFT will be a part of the crypto market in the future. In other words, NFT will attract more investors towards this market and will play a crucial role in its development. We will see a boost in this bearish market once the NFT market place is launched by one of the prominent exchanges in this month. But it will not represent the entire market composition.

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June 12, 2021, 07:48:44 PM
 #19

NFT will not be the future of crypto market. In fact NFT will be a part of the crypto market in the future. In other words, NFT will attract more investors towards this market and will play a crucial role in its development. We will see a boost in this bearish market once the NFT market place is launched by one of the prominent exchanges in this month. But it will not represent the entire market composition.
NFT is a system, it is basically saying something and it is a new technological improvement, it is not really future of anything it is just a new method, an addition to something that existed, so it will be part of it and not something separate. When I see people who say "will NFT have a big future" I feel that is funny, because NFT is crypto, if crypto has a future then NFT has a future, they are not different things.

There are coins which are proof of work, and there are some which are proof of stake, do we act as if they are two different things? No we talk about them all and say they are altcoins under one roof, NFT system is basically the same, there is a ecosystem and then there are NFT in there, and some of them will be great, and some of them will be horrible which is the whole deal. I personally believe that NFT will improve a lot more, right now we are seeing the start of it, in the future we will see a huge development with a ton of new stuff in the NFT world as well.
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June 12, 2021, 08:08:13 PM
 #20

I haven't bought any NFTs nor I am leaning towards it.
It could still be a trend but it is a meh for me.
Sounds futuristic, but again. Meh.
All Bitcoin for me.
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