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Author Topic: Will BTC fall below $30,000? The high-yield risk opportunities are in MEME?  (Read 833 times)
trauchot
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July 07, 2021, 07:39:58 AM
 #81

It is still difficult to say whether the cryptocurrency market will rise or fall, but most likely in the near future the cryptocurrency market will start falling again, since the cryptocurrency correction was very short and therefore the worst should be expected, so bitcoin should fall below 30k$ and possibly even lower, but after the correction, as usual, there will be another huge growth, so do not worry about it, but about meme coins, of course, the top meme coins will also rise in price when the cryptocurrency market will start to grow.
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July 07, 2021, 08:31:52 AM
 #82

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?
What you have said here is like a normal thing that happens with altcoins whenever there is a bull run, they all go up like crazy, a lot of them do that. We have seen all these meme coins increase so much this year and we even got to see a lot of new meme coins get introduced into the market.

These coins are for sure going to increase when the bull run comes, although I think the bull run is over though there still people still saying there will be a continuation of the bull run, but I just think these people are dreaming and they are yet to wake up and start believing the fact that the bull run has happened and has also ended. Some of them are those that missed the bull, so They are just forcing themselves to believe that there is going to be another big chance again. Finally, if you ‘rebuying meme coins, be ready to take a big risk.

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July 07, 2021, 08:35:32 AM
 #83

But I dont think BTC will go down below $30k it will possibly but it will be real quick and bounce back to previous resistance really fast if this happens, meme coins fore sure will follow bitcoin price once it drop below 30k, why are you thinking that meme coins price will go up once btc drops below 30k? If you are unsure what will happen to market once btc drops to avoid risk better exchange to stable coin for a moment and wait for right time.   

What we think and what we feel has nothing to do with what will actually happen. To be honest last time when we went to almost 20k I thought for sure 5k would be the bottom and even that I thought was next to impossible. But guess what,,, not so much longer than 15 months ago,,, we saw BTC drop to almost 3k. Who knows if it went down below 2k what price it could have broken as a floor?

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July 10, 2021, 07:49:48 PM
 #84

But I dont think BTC will go down below $30k it will possibly but it will be real quick and bounce back to previous resistance really fast if this happens, meme coins fore sure will follow bitcoin price once it drop below 30k, why are you thinking that meme coins price will go up once btc drops below 30k? If you are unsure what will happen to market once btc drops to avoid risk better exchange to stable coin for a moment and wait for right time.   
This is in fact what we have seen, the price can indeed go below the 30k level but it returns above that level relatively quickly, this show us the bears have limited ammunition to keep the price that low and the worst part is that they are helping the whales by giving them cheaper prices, this is why I think we have seen so much FUD recently as the bears realize that if they want for the price to go even lower then they have no other option but to try to scare people away so there is a higher selling pressure.
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July 14, 2021, 03:11:48 PM
 #85

Indeed, many hope that when the next bull run occurs, meme coins like Shiba will follow the trend of the previous Dogecoin. But I think this is not something easy. Shiba is indeed very active on the Binance exchange, but Shiba's existence is not like Dogecoin. Shiba relies on the Ethereum and BSC blockchains.
which is an important consideration I think Shiba is not as strong as Dogecoin. we know how Dogecoin started and maintained its community. and Shiba was just getting started. still too soon to see him take his position.
and the next bull momentum I doubt will happen this year. Instead, a gradual correction will affect our psychology to continue to hope and believe that bulls will come soon.
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July 14, 2021, 03:55:15 PM
 #86

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?
IMO It would be boring when other people lean towards these memes, except for Elon promoting Doge, coin memes would be meaningless.  Fomo, Imo which I don't think it will necessarily reset the app's response to increase the price as before.  Doge and other coin memes have a very deep hole to get through.  I don't have any of those, because I don't believe in the future of meme coins.  Instead, I will embrace NFT

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July 14, 2021, 04:24:48 PM
 #87

Indeed, many hope that when the next bull run occurs, meme coins like Shiba will follow the trend of the previous Dogecoin. But I think this is not something easy. Shiba is indeed very active on the Binance exchange, but Shiba's existence is not like Dogecoin. Shiba relies on the Ethereum and BSC blockchains.
which is an important consideration I think Shiba is not as strong as Dogecoin. we know how Dogecoin started and maintained its community. and Shiba was just getting started. still too soon to see him take his position.
and the next bull momentum I doubt will happen this year. Instead, a gradual correction will affect our psychology to continue to hope and believe that bulls will come soon.
shiba need to prove their self if want to survive in this bearish market and could called as the next doge coin.DOge coin was existing coin which survive in many bearish wave in few years ago and even many people said this coins was not deserved called as cryptocurrency. bearish trend still run for long term and i am doubt it could hit 100k this year and all altcoin will follow it
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July 14, 2021, 05:11:10 PM
 #88

which is an important consideration I think Shiba is not as strong as Dogecoin. we know how Dogecoin started and maintained its community. and Shiba was just getting started. still too soon to see him take his position.
and the next bull momentum I doubt will happen this year. Instead, a gradual correction will affect our psychology to continue to hope and believe that bulls will come soon.
Yes, and even if the next bull could come within this year, Shiba still won't be able to take Dogecoin's position because Dogecoin was already well positioned before Elon Musk created the hype on Dogecoin, which did make a good pump on Dogecoin even though it didn't last long.
I don't understand why our point of view is only asking about dogecoin or Shiba, in the case of the next price increase, a steady recovery should be towards the top coins, such small altcoins and so called meme coins, the profit supply is too random and in investing, randomness to gain profit is not necessary, what we need is a guaranteed rate of profit no matter how small or large, not a fluke. I also warn of a bearish case, coin meme coins like doge and shiba are also the most trampled characters and no longer have the momentum to rise like the altcoins with the foundation

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July 14, 2021, 05:29:41 PM
 #89

shiba need to prove their self if want to survive in this bearish market and could called as the next doge coin.DOge coin was existing coin which survive in many bearish wave in few years ago and even many people said this coins was not deserved called as cryptocurrency. bearish trend still run for long term and i am doubt it could hit 100k this year and all altcoin will follow it
Yes, resilience-wise in the crypto space, Dogecoin has already proven itself and that despite the hype created by Elon Musk, but for shiba I'm a little doubtful whether the coin will survive in crypto or not, because when the coin went through a huge dump, then the value will be very close to the loss.



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July 15, 2021, 08:32:42 PM
 #90

I don't understand why our point of view is only asking about dogecoin or Shiba, in the case of the next price increase, a steady recovery should be towards the top coins, such small altcoins and so called meme coins, the profit supply is too random and in investing, randomness to gain profit is not necessary, what we need is a guaranteed rate of profit no matter how small or large, not a fluke. I also warn of a bearish case, coin meme coins like doge and shiba are also the most trampled characters and no longer have the momentum to rise like the altcoins with the foundation
That is because people are not really sure about what they should be doing with the ones they have. There is nothing that people could do to make it something a lot better, they bought shit ton of shiba and doge and other stuff and that is why they do not end up having something else to talk about, they talk about the same thing constantly because they need those coins to go up.

I personally do not care about them and I want only bitcoin to increase and I know that if bitcoin increases that means all other coins would increase as well, but at the end of the day if we do not see bitcoin not increasing then we should not be happy about any other since it would only be a one off and nothing more. That is why I am quite fine about bitcoin and not care about any other coin at all, I just do not care if shiba goes to zero, let the people who bought care about it.

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July 15, 2021, 08:59:33 PM
Last edit: July 19, 2021, 10:32:24 PM by seleme
 #91

It is not about which coins will go ATH first, the more BTC price soars the higher chance for alt season which will accelerate the altcoin prices. The speculation around meme coins is the reason why so many traders prefer to pump-dump without care about the real fundamental value that project, it depends on you which market you gonna choose to be a participant on bull season. The speculative social media posts affect badly the decisions of the short term traders, they keep following the big boys who only think about their own pocket money.

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July 16, 2021, 12:11:26 PM
 #92

Bitcoin doesn't have any physical support, so we can't tell for sure its fair price like in cases with shares in stock market, for example, when we can calculate the real price according to profit and company's assets. I mean that Bitcoin's price can be on any level for which people are willing to buy it.

Talking about meme coins, they will not grow if bitcoin doesn't, as altcoins always follow Bitcoin's trends, so if you are an investor, don't hesitate to invest in fundamental currencies like bitcoin, Ethereum etc.
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July 16, 2021, 03:05:03 PM
 #93

I think when the big bull market happens again then all altcoins will rise, including coin memes like Dogecoin, currently there has been a massive correction, to be able to rise the meme coin must first have a sharp bitcoin correction so that the bull run market occurs again then all altcoins have high score

We can expect that to happen because in every bull run, there is always an altcoins season, however, it seems like we are going to wait for years to see that happen again, the bull run is over, the correction is here, we have to deal with it.

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July 16, 2021, 03:30:17 PM
 #94

I think when the big bull market happens again then all altcoins will rise, including coin memes like Dogecoin, currently there has been a massive correction, to be able to rise the meme coin must first have a sharp bitcoin correction so that the bull run market occurs again then all altcoins have high score

We can expect that to happen because in every bull run, there is always an altcoins season, however, it seems like we are going to wait for years to see that happen again, the bull run is over, the correction is here, we have to deal with it.
2-3 years in the future maybe we will see a bull rally as good as this year. we pray that maybe something will be better.
when a bull situation occurs again, there is a high possibility that meme coin and other altcoin assets are gaining momentum again.
but you are right, now we are in correction. we must choose wisely what we will do with our investment assets.

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July 18, 2021, 10:44:44 AM
 #95

Bitcoin doesn't have any physical support, so we can't tell for sure its fair price like in cases with shares in stock market, for example, when we can calculate the real price according to profit and company's assets. I mean that Bitcoin's price can be on any level for which people are willing to buy it.

Talking about meme coins, they will not grow if bitcoin doesn't, as altcoins always follow Bitcoin's trends, so if you are an investor, don't hesitate to invest in fundamental currencies like bitcoin, Ethereum etc.
Well, there is a "small" thing that we can calculate the price of bitcoin and what it is based on, which is not really a huge deal but I can say that it is definitely something people could use for calculating a base number. That is the cost of miners, which changes a lot so there is really no real thing, we could go under what the cost is but the price of a stock could go under what it should based on numbers as well.

So overall I would say that whatever 1 bitcoin costs for a miner to mine could be the base price of bitcoin, if it goes under that number then the price of bitcoin is undervalued at that time, and if it goes too higher up then it is overvalued. However I agree that it is not really a healthy calculation because in crypto the cost of a miners work changes daily because the more machines that starts the harder it gets and the more machines closes up the easier it gets.
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July 23, 2021, 04:17:40 PM
 #96

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?


It goes without saying that meme coins can bring you much more benefits than more conservative currencies like bitcoin. But these shit coins are just for fast trading, that is considered to be very risky.
 You are right that when it is a bull market and people see that everything is green, they want to buy more and more, but Bitcoin is too expensive, is hitting the peaks, for example, so what to do? People invest there money in cheap meme coins, especially if they were advertised a lot.
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August 05, 2021, 05:10:11 PM
 #97

Meme coins are not worth anything in the long term if you want to earn from a meme coin you need to invest now and sell quickly because in a couple of years they will be back to worth nothing. At the moment they are being shilled by celebrities and the price is helping the idea that they are worth anything but as soon as that dies down the coin will die down.
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August 05, 2021, 05:36:43 PM
 #98

Indeed, a bull run is not something that is certain, but the story from a few years ago will be a bull run for the second time, although not as high as the previous bull run. This is what traders have in mind right now, so they are all looking forward to the next bullrun.
If we look at the stories in the past, then the banteng usually appears once every three years, and what has been proven is true that once every three years a bull always appears, but now it's different, because the banteng can also appear at any time without us realizing it.
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August 26, 2021, 09:03:48 PM
 #99

If you are not into gaming nft or punks I don't recommend meme because they bare offer tangible value and most time is just pure joke to entire crypto as a medium of finance but still some people trade it but potentially I don't see much growth

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August 26, 2021, 09:11:54 PM
 #100

Meme coins are not worth anything in the long term if you want to earn from a meme coin you need to invest now and sell quickly because in a couple of years they will be back to worth nothing. At the moment they are being shilled by celebrities and the price is helping the idea that they are worth anything but as soon as that dies down the coin will die down.

Meme coin from the name itself is created for fun, and no, you can't take it seriously as it doesn't have a good potential in the future. What we are seeing now that some meme coins are profitable to invest, consider that as a short term positive growth only as eventually when the long bear market will come, these coins will struggle and will have the biggest losses compared to other coins that we think has a great potential in the future.

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