RbiggerG
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The Standard Protocol - Solving Inflation
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July 18, 2021, 11:16:13 PM |
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We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH. What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.
Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future we will see how market sentiment will come, is it still suffered by negative sentiment that continuely come from any countries? back to 40k will be good bounce for us to clear our floating position before maybe it could drop again to 20k. But everything could changes and news in market very dinamic it could be good or bad depend on how countries threat bitcoin and other crypto. I think bitcoin will likely drop $20k than to pump to $40k, at least that's what I'm seeing now because if you look closely, the market is not anymore bullish and it's even struggling to reach $3k again. This is really the reason for an overprice market brought by the bull run, a correction would happen and we can't stop that, and since there's no bigger positive news that could hype the market, we can't expect a market rebound anytime soon. I agree, currently it feels different than the first couple of months of 2021. There is really no momentum anymore and if there is some it is most likely going down. Unless we have some awesome news, but I thought for a while now that Bitcoin has become less sensitive to both good and bad news. Yes we are down 50% from the ATH, but to me that was a necessary correction rather than the response to any news. Now it seems to be quite a long shot for Ethereum to make it back to $3k.
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justdimin
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July 19, 2021, 08:16:42 AM |
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My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future
ATH can't decrease, when you reach ATH that is there forever until you break it and make it higher, there is no scenario where ATH becomes lower. However you probably mean maybe the price will drop or maybe the price will go up and we can't know that which I do understand however just because we do not see the price going higher or lower doesn't mean that we can't guess if ATH will be broken or not as well, why? Because you may think that it may go to 20k or 50k and that means you do not know price going up or down but you do know that the price will be lower than ATH, which is an example that you may know about ATH while not knowing about direction. I personally believe exactly that, I think price may go up or down I do not know about that, but I am 99% sure that bitcoin will not break its ATH, that is just 2x and then some and it doesn't look like we will get there.
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KryptoKings (OP)
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July 19, 2021, 08:40:34 AM |
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We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH. What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.
Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future we will see how market sentiment will come, is it still suffered by negative sentiment that continuely come from any countries? back to 40k will be good bounce for us to clear our floating position before maybe it could drop again to 20k. But everything could changes and news in market very dinamic it could be good or bad depend on how countries threat bitcoin and other crypto. Do you mean that a country bad news would influence BTC? To my greatest surprise a could is too small to pulled down the price of btc or causing dumping in the market that will lead to $20k as BTC price. Just take a look at China and yet the currency still maintained it's price not going down below $20k
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RbiggerG
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The Standard Protocol - Solving Inflation
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2021, 05:19:08 PM |
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We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH. What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.
Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future we will see how market sentiment will come, is it still suffered by negative sentiment that continuely come from any countries? back to 40k will be good bounce for us to clear our floating position before maybe it could drop again to 20k. But everything could changes and news in market very dinamic it could be good or bad depend on how countries threat bitcoin and other crypto. Do you mean that a country bad news would influence BTC? To my greatest surprise a could is too small to pulled down the price of btc or causing dumping in the market that will lead to $20k as BTC price. Just take a look at China and yet the currency still maintained it's price not going down below $20k It's not only bad news from countries that have an influence on the price. If a few of those institutional investors start dumping it could become ugly. Or if some of the major exchanges start liquidating some of their assets it could become a race to the bottom.
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jaberwock
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July 19, 2021, 06:26:48 PM |
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My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future
we will see how market sentiment will come, is it still suffered by negative sentiment that continuely come from any countries? back to 40k will be good bounce for us to clear our floating position before maybe it could drop again to 20k. But everything could changes and news in market very dinamic it could be good or bad depend on how countries threat bitcoin and other crypto. Do you mean that a country bad news would influence BTC? To my greatest surprise a could is too small to pulled down the price of btc or causing dumping in the market that will lead to $20k as BTC price. Just take a look at China and yet the currency still maintained it's price not going down below $20k [/quote] I do believe that there are nations that can change the bitcoin price a lot and there are ones that won't. China news actually dropped price from 60k levels to 30k levels according to some people, of course there are those who do not agree with that as well like me, I personally believe china was one part of it, and automated moves was the second biggest reason of it. However at the end of the day there are people who think it was because of it so that is what I can understand and that is what we should be focusing on, not the type of questioning "will this nation be, will this nation won't" because it doesn't matter if some people think that nations can influence the price of bitcoin then they believe it could be for any nation and I respect that because by logic China getting out means they are already out, so other nations even if small could still impact.
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dimonstration
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July 19, 2021, 06:31:48 PM |
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My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future
Ath is still possible especially during Bee Months or by December. We see last year how the price keeps increasing as the New Year approaches even all the country is under pandemic. So what more now that economy of every country is recovering. The crypto still have lots to offer, we might not see it but it have lots of room for more adoption.
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crzy
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July 19, 2021, 08:42:01 PM |
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My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future
Ath is still possible especially during Bee Months or by December. We see last year how the price keeps increasing as the New Year approaches even all the country is under pandemic. So what more now that economy of every country is recovering. The crypto still have lots to offer, we might not see it but it have lots of room for more adoption. We should remain positive and optimistic because there’s always a good trend after a bad one and hopefully, will end this year with a good prices just like last year. On the first half we did our best to sustain the bull trend but the bear is indeed inevitable and that’s what happening right now but it doesn’t mean the market will collapse, this is a normal trend. Yes, many countries are already recovering and somehow that could affect the cryptomarket as well, the price will soon rise again.
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Clavulanic
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July 19, 2021, 09:35:50 PM |
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Halif year of 2021 is very challenging for all of us who been so hardworking to reach every goals in crypto, and what I am about to see now is both red and green signals. Buying opportunity for everyone is good, so don't you ignore the chances to obtain profit. This year will be our luck if we're learning to control our greed, because despite of pandemic many people never leave crypto and fortunately this became popular due to cashless alternative.
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milewilda
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July 19, 2021, 11:23:19 PM |
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Halif year of 2021 is very challenging for all of us who been so hardworking to reach every goals in crypto, and what I am about to see now is both red and green signals. Buying opportunity for everyone is good, so don't you ignore the chances to obtain profit. This year will be our luck if we're learning to control our greed, because despite of pandemic many people never leave crypto and fortunately this became popular due to cashless alternative.
Not that really challenging but rather surprising until the price is moving sideways now and there are no hints on where it could possibly go so its really hard to determine but i can say that this half year is much more better compared into last years where everything is still in question even though its always been like this but still we are seeing some potential rise in the future if adoption does continue and consideration and if this pandemic would be over then for sure we would really be going back on track. Hopefully we would be having some good movement on this year.
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South Park
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July 20, 2021, 06:35:36 PM |
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I think bitcoin will likely drop $20k than to pump to $40k, at least that's what I'm seeing now because if you look closely, the market is not anymore bullish and it's even struggling to reach $3k again. This is really the reason for an overprice market brought by the bull run, a correction would happen and we can't stop that, and since there's no bigger positive news that could hype the market, we can't expect a market rebound anytime soon.
It is correct that the market right now is looking way more bearish than bullish and that a reduction to 20k seems more likely than a pump to 40k but the current conditions are not going to last forever and I expect that at the end of the year the bullish conditions will comeback in a way similar to what we saw in 2017, obviously this is not a sure thing but to me the probabilities of a bull market at the end of the year seem to be high to me.
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sana54210
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July 21, 2021, 06:28:00 PM |
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It is correct that the market right now is looking way more bearish than bullish and that a reduction to 20k seems more likely than a pump to 40k but the current conditions are not going to last forever and I expect that at the end of the year the bullish conditions will comeback in a way similar to what we saw in 2017, obviously this is not a sure thing but to me the probabilities of a bull market at the end of the year seem to be high to me.
We are finally under 30k and interestingly enough I do feel the same way about reaching 40k before we reach 20k as well. The price dropped under 30k for the first time and the first thing it did was rebounding higher, which shows that there are still MANY people who believe that bitcoin is cheap when it is under 30k so it is really resisting towards not going any further down, that is a very good thing. It doesn't mean that we will go towards 40k right away, but at least it means that we are not going to see 20k happen that easily, it is going to be a very tough situation for sure. At the end of the day we are going to live a bit more around these prices, and that is going to be tough because not moving up or down usually causes people to stress over which direction it will go, and a whole community being stressed over what the price will be is never good.
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South Park
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July 25, 2021, 05:04:04 PM |
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actually it can't be predicted but I'm still optimistic and sure that in 6 months there will be an increase, although the increase can't be maximized but there seems to be a slight upward movement for the top 10 coinmarketcap coins.
maybe in the next quarter crypto can recover from its bottom price but it's very good to see that bitcoin was able to break 30k position again and that means we are having a very strong support. I hope that this can be a signal for the next pump will be happening with bitcoin and the whole of crypto market. We just need to see bitcoin to move and then it will give hype to the whole of market. I am glad the 30k level is still strong, it is true that we went down below it for a time but this is natural, what impressed me was the reaction of the markets since we are at 34k now, so not only the market recovered it also went up significantly and it put some distance from the 30k resistance level, this tells me we are in an accumulation period, the whales do not want the market to drop that much but they do not want it to skyrocket so they are buying coins slowly, and once they are ready they will look for any excuse to pump the market.
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shogun47
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July 25, 2021, 08:28:35 PM |
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actually it can't be predicted but I'm still optimistic and sure that in 6 months there will be an increase, although the increase can't be maximized but there seems to be a slight upward movement for the top 10 coinmarketcap coins.
maybe in the next quarter crypto can recover from its bottom price but it's very good to see that bitcoin was able to break 30k position again and that means we are having a very strong support. I hope that this can be a signal for the next pump will be happening with bitcoin and the whole of crypto market. We just need to see bitcoin to move and then it will give hype to the whole of market. I am glad the 30k level is still strong, it is true that we went down below it for a time but this is natural, what impressed me was the reaction of the markets since we are at 34k now, so not only the market recovered it also went up significantly and it put some distance from the 30k resistance level, this tells me we are in an accumulation period, the whales do not want the market to drop that much but they do not want it to skyrocket so they are buying coins slowly, and once they are ready they will look for any excuse to pump the market. While I mostly agree with what you say, we should not forget that some are still shocked about the price. When you invested at + $60k, it still hurts looking at the price. While we are alright now as you say and I agree, we are quite a bit away from the ATH. It doesn't seem to be an easy way up as those buying now also have an incentive to already sell again below $60k. It needs a very strong momentum to return to ATH levels.
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SaShiRaJaVu
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July 25, 2021, 09:36:36 PM |
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While I mostly agree with what you say, we should not forget that some are still shocked about the price. When you invested at + $60k, it still hurts looking at the price. While we are alright now as you say and I agree, we are quite a bit away from the ATH. It doesn't seem to be an easy way up as those buying now also have an incentive to already sell again below $60k. It needs a very strong momentum to return to ATH levels. If you are investing in a highly volatile market you need to understand the risk factor and there was plenty of time to invest before the rally started and it was obvious that the price would rally after the halving and if anyone held back till it touched the all time high valuation to invest then who is at fault, they need to understand the market well and you cannot expect the market to go up all the time, all they need to do is to average that investment and wait for the long haul and eventually we will see another all time high either in this run or in the next run.
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Shasha80
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July 25, 2021, 11:58:45 PM |
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actually it can't be predicted but I'm still optimistic and sure that in 6 months there will be an increase, although the increase can't be maximized but there seems to be a slight upward movement for the top 10 coinmarketcap coins.
Optimism on market conditions is not a problem because it can provide a little encouragement for ourselves, but you should also see some of the latest news about cryptocurrencies and the market so that your optimism can really happen to the market. We really have to be optimistic about the crypto market, in order to motivate us to be patient with the current conditions. But if we look at the movement of Bitcoin and some of the top altcoins that have started to look up, looks like our hope to see the market improve in this half year can come true. Even as long as Bitcoin hasn't dropped below $20k, I am very optimistic that Bitcoin can return to the ATH price. If Bitcoin can return to the ATH price, I also believe altcoins will also increase. So for now, what we have to do apart from remaining optimistic is to try to collect coins that we consider potential. So when the market recovers, our patience can pay off with big profits.
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ChaoChibai
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-ethernity cloud-
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July 26, 2021, 05:16:23 AM |
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We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH. What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.
Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
The first semester of 2021 had so many ups and downs. Bitcoin reach new ATH at April 2021 and after that ceremony the price was dropped in a half. But I still have a much hope and determination that bitcoin will rise again, today the price of bitcoin is $38k and maybe it will become the sign to have a new bull run, I hope so.
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shogun47
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July 26, 2021, 01:09:24 PM |
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While I mostly agree with what you say, we should not forget that some are still shocked about the price. When you invested at + $60k, it still hurts looking at the price. While we are alright now as you say and I agree, we are quite a bit away from the ATH. It doesn't seem to be an easy way up as those buying now also have an incentive to already sell again below $60k. It needs a very strong momentum to return to ATH levels. If you are investing in a highly volatile market you need to understand the risk factor and there was plenty of time to invest before the rally started and it was obvious that the price would rally after the halving and if anyone held back till it touched the all time high valuation to invest then who is at fault, they need to understand the market well and you cannot expect the market to go up all the time, all they need to do is to average that investment and wait for the long haul and eventually we will see another all time high either in this run or in the next run. No there wasn't plenty of time to invest before $60k. Maybe that was the case for you, but if you only find out about Bitcoin when it hit $60k because the media reported about it on all available channels, those people didn't have the time to invest before. This is no judgment, this is just the realization that some were hit hard by the more than 50% crash after they bought Bitcoin at perhaps $65k.
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iged_war
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July 26, 2021, 05:11:45 PM |
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After the news about Amazon want to accept bitcoin it very give all of the comunity fresh air to breath, it always be nice seeing good news like that after the bloodbath. After this news it make me more confidence BTC and any other coins can rise like previous year.
Obviously, I also feel happy because of the news, so the price of BTC is now starting to approach $40K again and I am very sure that in the near future the price of BTC will approach $60K again if some big companies are willing to accept BTC. we need official statement to make sure it is not fake news to pump bitcoin price. This source only from insider which is could be wrong or media just create this news to manipulate market. But if Amazon confirm it , real adoption for bitcoin or other coins could started in big space. Demand will created which is come from amazon customer.
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irixo10
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GoMeat - Digitalizing Meat Stores - ICO
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July 26, 2021, 06:16:45 PM |
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I will start with trend, this trend of a thing is a very important factor in the crypto space, which have the potential of skyrocketing the market as more investors always tends to join up in order to participate in what that particular trend offers. Now taking a look at the market, it can be seen that NFT and gamified tokens are taking the lead as many are already pumping, thus showing that NFT trend is about to kick off and if such happens as we all anticipate, then the market will go higher as more money will flow into the market. This of course will also lead to the growth of most popular coins like Ethereum, as it is evident many of these NFTs are based on it, Binance as the team already have created their own NFT marketplace ahead of time. Now about fate of the market, we can only wish for what we want as we have no control on the movement and growth of the market, owing to factors like fud and so on.
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TheGreatPython
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July 27, 2021, 04:47:14 PM |
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I am glad the 30k level is still strong, it is true that we went down below it for a time but this is natural, what impressed me was the reaction of the markets since we are at 34k now, so not only the market recovered it also went up significantly and it put some distance from the 30k resistance level, this tells me we are in an accumulation period, the whales do not want the market to drop that much but they do not want it to skyrocket so they are buying coins slowly, and once they are ready they will look for any excuse to pump the market.
Even on accumulation periods whales do not mind small drops, I do not mean tiny drops like we had, I mean small, like for example dropping to under 25k but staying over 20k because we are accumulating and whales are doing the same so it is not really a big problem. However what I do believe is that since we went up so much, this is a good recovery level, not a bull just yet but it is definitely getting there, if we reach over to 40k we could say that it was a small bull run. Remember not all bull runs are from 10k to 60k type of runs, some of the bull runs are just 28k to 40k because that is a good amount of increase as well and we should be happy with those kinds of increases as well as what we have right now. I personally do believe that we should be focusing a bit more on the happy side of things right now and call this a small bull just to others, even though it is not bull yet, it has the potential for it.
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