CoinMarketCap hit $140B is this the start of the next bullrun?

Supercrypt

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Quote from: freedomgo on April 02, 2019, 06:38:42 AM

We are just talking of $140 billion here then suddenly BTC pumped.
Now the marketcap is $160 billion, that's additional of $20 billion in just less than a weak, that's how fast we pump today.
And.... you are correct, $200 B is doable because BTC could go back to $6,000 where we stay a little longer last year, and that will surely reach over $200 B.

It was really a very great moment to witness and celebrate the final exit of Bitcoin from Bear market, the only thing I still cannot comprehend is what brought about this changes within a day, I know we have heard lots of new and speculations and I also know of so many meaningful projects with plans to be birthed this year, which will create a very positive impact on Bitcoin and not only bitcoin but on the general market too.

While these projects are yet to be released and still in the making, bitcoin suddenly had such big market cap increase, hmmm, should I fear the work of whales or is it just a natural increase we can be sure to peacefully last for long?

incomefromcoins

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This is the major update for cryptocurrency market accumulation it took nearly 6 months to break the price pattern now it is on the way to bull run we can see the price pattern in this website https://bitcoinwisdom.com/markets/bitstamp/btcusd

deisik

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Quote from: Sithara007 on April 02, 2019, 11:30:21 PM

Quote from: NotAnExit on March 17, 2019, 01:28:51 PM

This past week was pretty cool to watch the market cap go from 133b - over 140b today. Alt coins are starting to move again. If someone had to start trading to build up their nest egg and had $30 to throw into the mix where would you put the money?

My pics:
ADA
FTC

Right now CMC is having total market cap of $175 billion, and Bitcoin dominance of 50.5%. The most interesting thing to note here is that the Bitcoin dominance has remained unchanged despite the price spike for all the cryptos and the sharp rally for BCH

That has a very simple explanation

If you look at the trading volumes you will see that BCash is way below in this metric than top altcoins like Ethereum, while the price of the latter in Bitcoin terms didn't change much (read, it rises and falls synchronously with Bitcoin and to the same degree). So no matter how much BCash might rise, if people are not interested in it, it won't be able to make a notable and noticeable dent in the market dominance of Bitcoin. When the rush is finally over, you will see how little of BCash is actually being traded on a daily basis

Sithara007

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Quote from: NotAnExit on March 17, 2019, 01:28:51 PM

This past week was pretty cool to watch the market cap go from 133b - over 140b today. Alt coins are starting to move again. If someone had to start trading to build up their nest egg and had $30 to throw into the mix where would you put the money?

My pics:
ADA
FTC

Right now CMC is having total market cap of $175 billion, and Bitcoin dominance of 50.5%. The most interesting thing to note here is that the Bitcoin dominance has remained unchanged despite the price spike for all the cryptos and the sharp rally for BCH. Out of the top 5 coins, XRP is looking the weakest right now, for obvious reasons. ADA is looking very attractive. If I need to chose three coins to invest, then I'd go for ADA, BCH and NEO.

sandra_x

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We could possibly hit 200 billion $ if it turns out that this is not another pump and dump episode.Much of the cash are still in bitcoins (dominance 51% ) and soon some will move to altcoins and we could see 30% or more in some small cap coins

milewilda

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Current marketcap as of this moment. $166,067,790,354 but this doesnt signify that this would be the start of the next bull run but somehow on these prices
we would gladly to see that the entire market is gradually recovering but we cant still be sure if this wont go down once again.
For now for those people who do make shorts on past weeks did really make some profits.

deisik

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Quote from: BitcoinTurk on April 02, 2019, 02:20:15 PM

Today we have seen a rise in volatility and the gains we have seen during the day have not lost

It appears it is too early to tell yet

Let's wait for a couple of days in the very least. Last time when there was a wannabe bull run, the price stayed at the local high for a couple of days and then crashed literally within minutes. Today we made a massive surge, so a possible crash (or major correction) shouldn't come as a complete surprise. And unless we are going to surge higher (which is not impossible), the odds are we won't be able to keep these gains (as it always happens in such cases)

BitcoinTurk

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Today we have seen a rise in volatility and the gains we have seen during the day have not lost. Especially with each wave of ascension, some members are trying to create a new bull-period perception or claim that a new bull period has begun in each wave of rise. It should be noted that the period does not change with the hard rising waves in one day. This rise must continue continuously and the market needs to have increasing money inflows. In addition, every successful project will certainly increase in a possible bull period, but it is not true that certain options are being written in each topic and that people are directing them to take these options. In short, as long as we do not see the next process, we cannot comment on a new bull period for the previous wave of ascent and the rising wave of our lives today.

BlackPanda

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Such a large volume proves that the crypto market is very attractive and it is in line with the increasing number of investors investing their money in crypto. Now that there are many rich people in the world who have entrusted their investment in crypto, Crypto is like investing in real estate. With such a good amount, crypto is worthy of being the best investment of the century. Don't waste this opportunity, many people have regretted that they are late !!

r1a2y3m4

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It's up to you on what coin you'll pick. You need to DYOR before investing on any coin in cryptocurrency. I recommend you to take bitcoin. I believe that is the safest. But, there was an uptrend few hours ago and we don't know if this is a trap or what but, I just kept on hodling my bitcoins.

freedomgo

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Quote from: XCANA on April 01, 2019, 09:34:47 AM

Quote from: wayaneka on March 18, 2019, 10:09:51 PM

Last month we have seen the total marketcap was going up to $140 Bn and then going down again, but hopely for now the marketcap will keep going up slowly but sure to $200Bn. The crypto market should be change to bullish to attrack new investor come in to this market.

Slowly is the movement from coinmarketcap even the market in general and as you have rightly said, there is the possibility of the market to hit $200Bn again, when this happen, the bullrun will begin. I Viewed the market for few months now and have come to a conclusion that, there is more possibility for the bull run to start before the 4th quarter of 2019, just my personal opinion.

We are just talking of $140 billion here then suddenly BTC pumped.
Now the marketcap is $160 billion, that's additional of $20 billion in just less than a weak, that's how fast we pump today.
And.... you are correct, $200 B is doable because BTC could go back to $6,000 where we stay a little longer last year, and that will surely reach over $200 B.

XCANA

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Quote from: wayaneka on March 18, 2019, 10:09:51 PM

Last month we have seen the total marketcap was going up to $140 Bn and then going down again, but hopely for now the marketcap will keep going up slowly but sure to $200Bn. The crypto market should be change to bullish to attrack new investor come in to this market.

Slowly is the movement from coinmarketcap even the market in general and as you have rightly said, there is the possibility of the market to hit $200Bn again, when this happen, the bullrun will begin. I Viewed the market for few months now and have come to a conclusion that, there is more possibility for the bull run to start before the 4th quarter of 2019, just my personal opinion.

alan2here

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Quote from: wayaneka on March 18, 2019, 10:09:51 PM

Last month we have seen the total marketcap was going up to $140 Bn and then going down again, but hopely for now the marketcap will keep going up slowly but sure to $200Bn. The crypto market should be change to bullish to attrack new investor come in to this market.

I think it is still too early for this price increase to occur because the market is still in the accumulation phase and there may be a lot of risks when investing. I believe that if they want the market to enter a growth phase, they need to have a higher capitalization rate and investors need to operate more aggressively in this market but until now the value of Bitcoin is still maintained at $ 4100 so it will be difficult to determine in this moment

semobo

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Traders will not get much benefits from bull run and that cpital of $30 is not going to be enough for making good profits,if you think this is the beginning of bull run then begin with decent capital and hold it for longer term.

Yaunfitda

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Quote from: deisik on March 30, 2019, 04:46:49 AM

Quote from: TravelMug on March 30, 2019, 01:46:34 AM

So we can see some pattern here, and for obvious reasons, it doesn't look like that we are in a bull run yet. We are so far from that, imho

That's not the only pattern

Another pattern which is worth mentioning here is the slow rise. And it is not so much the rise of the price itself (I refer to local highs here) as the uplift of the whole trading range. In other words, we may not be making new highs (for example, in early January we surged to almost 4400), but we are nevertheless still making higher lows. If anything, this is definitely a good sign since the recovery is well underway

Exactly, it's going to be a slow grind, as other have said. Not a bull run, but yes a good indication that recovery is underway, it might takes months of a slow but ascending pattern, so we can take that.

Quote from: co5hike on March 30, 2019, 12:27:09 PM

Quote from: NotAnExit on March 17, 2019, 01:28:51 PM

This past week was pretty cool to watch the market cap go from 133b - over 140b today. Alt coins are starting to move again. If someone had to start trading to build up their nest egg and had $30 to throw into the mix where would you put the money?

My pics:
ADA
FTC

\

I would not pay attention to this data, they specifically do not give anything. She grew so fast and can fall.

You mean, pump-and-dump, what do you expect from a altcoin? Remain stable, most of them have no actual use case, so yes, they will be used by speculators for their short day trading by hyping it and then the massive sell offs.

co5hike

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Quote from: NotAnExit on March 17, 2019, 01:28:51 PM

This past week was pretty cool to watch the market cap go from 133b - over 140b today. Alt coins are starting to move again. If someone had to start trading to build up their nest egg and had $30 to throw into the mix where would you put the money?

My pics:
ADA
FTC

\

I would not pay attention to this data, they specifically do not give anything. She grew so fast and can fall.

Distinctin

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Quote from: Ararbermas on March 30, 2019, 05:09:29 AM

Quote from: BigTeeths on March 18, 2019, 10:25:40 PM

No, I think some people are manipulating the maketcap by adding billions in a short period of time so they can successfully do swing trading. I've seen it many times in the last weeks and it's just a repeating process and not really a bullrun.

i agre on your statement, Because that's how big players play in the market .which is they always suddenly put huge capital in the market to manipulate the price immediately to the top then unfortunately they always pull the price back as well afterwards ,especially if they gain enough profits during the bullish.

This could be a manipulation but we don't know what coins are manipulated, we cannot spot easily.

Of course there is an increase of volume, and we did not see this trading volume last year when BTC started to constantly drop, but despite of the increase of volume now, the price of bitcoin still has no increase significantly, like a $1,000 increase or over, it's just a less than $1,000 increase.

adamlillian

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Quote from: NotAnExit on March 17, 2019, 01:28:51 PM

This past week was pretty cool to watch the market cap go from 133b - over 140b today. Alt coins are starting to move again. If someone had to start trading to build up their nest egg and had $30 to throw into the mix where would you put the money?

My pics:
ADA
FTC

I will definitely put money in the coins of exchanges. It will definitely bring me profit. The notification exchanges will be IEO for projects, I will start buying it since the news has been publicized. It will certainly bring in a profit of 40-60%.

Ararbermas

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Quote from: BigTeeths on March 18, 2019, 10:25:40 PM

No, I think some people are manipulating the maketcap by adding billions in a short period of time so they can successfully do swing trading. I've seen it many times in the last weeks and it's just a repeating process and not really a bullrun.

i agre on your statement, Because that's how big players play in the market .which is they always suddenly put huge capital in the market to manipulate the price immediately to the top then unfortunately they always pull the price back as well afterwards ,especially if they gain enough profits during the bullish.

Ziskinberg

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Quote from: TravelMug on March 30, 2019, 01:46:34 AM

Market Cap is now $144 B and pushing hard but does it mean that we are in the start of a bull-run? Nah, just totally misleading numbers. But it's good to see the price goes above $4100, when was the last time we see that price, last month? and what happens after we touch $4100-$4200? Right, we go down again.

So we can see some pattern here, and for obvious reasons, it doesn't look like that we are in a bull run yet. We are so far from that, imho.

It's really good to see this price action back again.
Actually it's $14 B in https://coinmarketcap.com/ right now, and it display that BTC is already trading at $4,228.1.

Some sites are trading at $4,200 while some it's still less than $4,100, example in Binance and Bitstamp.

Topic: CoinMarketCap hit $140B is this the start of the next bullrun? (Read 757 times)