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Topic: Consensus in May and Big Institutional Investments (Read 379 times)

newbie
Activity: 182
Merit: 0
Consensus is about to end still we didn't find any much possibility of increase of prices as we are seeing now still the market is stable price we may need to wait for long time for price pump
legendary
Activity: 1330
Merit: 1019
The awareness will rise and some projects will stand out, but institutional investors are not like public, they will not rush to buy a coin once they know it.
We have seen a lot of change in the attitude of the people towards the crypto currencies and that now they have started accepting them as a good way of investing of the money along with a digital currency. This thing is creating very much positive impact and that it is also helping the crypto coins to have better market value and this is also an indication of a brighter future of the crypto coins.
copper member
Activity: 364
Merit: 4
Isn't there historically a pullback directly after Consensus, followed by compounding growth over the next couple of months? It looked like BTC was heading for a dip regardless, so alts didn't have much choice but to follow.
Im going to be increasing my position in SONM anyway

Good move, sonm is a great investment as they are going to release the mainnet product soon. Accumulating now will be profitable in the next few months as more people switch from golem to sonm. It's a better product and is way ahead in terms of development
sr. member
Activity: 1050
Merit: 295
Isn't there historically a pullback directly after Consensus, followed by compounding growth over the next couple of months? It looked like BTC was heading for a dip regardless, so alts didn't have much choice but to follow.
Im going to be increasing my position in SONM anyway
This pullback has been nothing but a blessing in disguise, giving me the opportunity to topup and increase my position on a few more cryptos. Now, if only BCH would pull back a bit more, I'd be more happier
newbie
Activity: 64
Merit: 0
Isn't there historically a pullback directly after Consensus, followed by compounding growth over the next couple of months? It looked like BTC was heading for a dip regardless, so alts didn't have much choice but to follow.
Im going to be increasing my position in SONM anyway
member
Activity: 224
Merit: 13
While all bad, but perhaps all this is the usual manipulation and will soon suddenly begin a good growth.
newbie
Activity: 18
Merit: 0
What I noticed during Consensus is that there were a lot of big institutions such as JP Morgan starting to get into Crypto in the near future with JP Morgan for example even creating Crypto positions and simultaneously filling those positions in a short space of time. Would this sudden influx of regulatory involvement not negatively affect Crypto because it would alarm most crypto users who are trying to get away from such institutions and cause a massive sell off of coins causing a ripple effect (pun unintended lol)?
jr. member
Activity: 364
Merit: 4
I am to the understanding that it's going to raise steadily with pull-backs bringing all crypto to new highs during the course of 2018. In my opinion, the hodlers win in the end.
full member
Activity: 448
Merit: 100
The consensus has a effect on the market but that does not affect all the coins, so a move to higher prices due to consensus is less likely, but it is good as lots of people are attracted to crypto.
sr. member
Activity: 1050
Merit: 295
I guess everything is more slow paced this year. We need to see projects delivering more and it's maybe slowely becoming less of a pure speculation's game.
Lots of institutions are getting into blockchain and money is pouring into it. However, I think it's gonna take a year - at the very least - before we start seeing the impact of these investments. 2019 is shaping up to be an interesting year at this rate
full member
Activity: 798
Merit: 100
I guess everything is more slow paced this year. We need to see projects delivering more and it's maybe slowely becoming less of a pure speculation's game.
copper member
Activity: 420
Merit: 0
It seems as if it didn't have a massive affect on the market this year. Even though there were tons of people there and it looked like a great event.
full member
Activity: 574
Merit: 104
We can see already that 2018 Consensus is not the same as 2015-2017. Yes, we have some pumping tokens but general trend did not change. And after conference nothing change. Why? All happens against majority
member
Activity: 420
Merit: 18
This year COnsensus is big expectation for bitcoin investors we can expect more price increase and much positive news for bitcoin industry consensus event is one of the big event in market
copper member
Activity: 364
Merit: 4
I don't think this years consensus should be compared with the one that took place last year, bitcoin and other crypto was still a fairly niche market so there wasn't strong global interest. Now it is in mainstream media more so it will reach out to more people. I'd say we can expect a pump shortly after
member
Activity: 280
Merit: 14
The P2P Marketplace For Digital Content
I am also very disappointed, the mood is spoiled and I do not know what bitcoin needs to grow.
full member
Activity: 434
Merit: 100
MDA, the conference is held in a very positive spirit with a good prospect, but the cryptocurrency market is rolling down.
newbie
Activity: 364
Merit: 0
averebody expect the growth of bitcoine prices and increase market capitalization, I hope soon investors return
full member
Activity: 476
Merit: 124
Raising public and Institutional investors' awareness thru consensus, hearings, and conferences about crypto is always a good sign for crypto currencies which could help transcend the utilization of crypto currencies in real world. We shouldn't anticipate that there will be a panic buying because these institutional buyers are professionals when it comes to investing. They will do it discreetly and could even try to lower the price so that they can buy it cheap.
full member
Activity: 308
Merit: 101
The awareness will rise and some projects will stand out, but institutional investors are not like public, they will not rush to buy a coin once they know it.
full member
Activity: 392
Merit: 101
Although crypto money investors have entered into a large uptrend, I am not so hopeful. A similar situation was at the G20 summit, and people were very hopeful, but the desired gains did not occur as legal steps were not taken.
full member
Activity: 336
Merit: 100
Everyone is expecting a huge pump however we are seeing the opposite. It might be that the bull run will come after the Consensus conference but honestly I dont think it will happen until there is some regulation in place which would allow institutional investors to enter the market.
sr. member
Activity: 504
Merit: 250
Really cool that we have this event in May man! I saw some statistics that Bitcoin and the most altcoins gone up in the price the last year after then Consensus event. So I am a dirty gambler and I bought in at bitmex and I will try my luck.  Roll Eyes
jr. member
Activity: 90
Merit: 1
Just can't understand why there is such a strong hype around the Consensus. It is just a forum though major one for the crypto community. There are no decision-making process, no new crypto regulations establishment, no istitutional investments agreements, etc, but just discussions. When the market was much smaller the Consensus was a strong market-maker event of course that attracted new people and investments to the market. But the bigger the market is the less direct influence such events will exert on it and on BTC price.

lol yeah. People expect consensus help pump the price but it rarely does and even if it does, it doesn't even last for that long. It helps bring community together and discuss future endeavor which is much more important, but as far as price is concerned, I don't think it's going anywhere due to consensus hype.
Absolutely agree on the importance of the Consensus to bring community together and to directly exchange opinions/ideas. Very interesting event to participate in or just simply watch discussions.  
member
Activity: 420
Merit: 11
People are talking about consensus in May and big institutional investments coming in.

What’s everyone’s opinion on this?

Last year there was also Consensus in May and while it raised awareness about crypto there wasn’t much of an immediate fluctuation on Bitcoin and crypto in general. (End of July and past then is when it really started to make huge gains).

Nobody knows for sure obviously but I’d be interested in hearing educated opinions.

The truth is no one knows.  Ppl have said many things, ‘experts’ have said March, April, May etc.  Don’t listen to anyone and DYOR.  I’m part of many groups and have purchased many reports and they’re all wrong.  Even the ‘legend’, Cliff High, has been wrong....


You are absolutely right, I agree with you.
Now I just hold the coins and I'll sell them later at the right time. When bitcoin is back at $ 20,000 or higher!

Buy coins, hold and sell on profit.
hero member
Activity: 1540
Merit: 500
Just can't understand why there is such a strong hype around the Consensus. It is just a forum though major one for the crypto community. There are no decision-making process, no new crypto regulations establishment, no istitutional investments agreements, etc, but just discussions. When the market was much smaller the Consensus was a strong market-maker event of course that attracted new people and investments to the market. But the bigger the market is the less direct influence such events will exert on it and on BTC price.

lol yeah. People expect consensus help pump the price but it rarely does and even if it does, it doesn't even last for that long. It helps bring community together and discuss future endeavor which is much more important, but as far as price is concerned, I don't think it's going anywhere due to consensus hype.
jr. member
Activity: 90
Merit: 1
Just can't understand why there is such a strong hype around the Consensus. It is just a forum though major one for the crypto community. There are no decision-making process, no new crypto regulations establishment, no istitutional investments agreements, etc, but just discussions. When the market was much smaller the Consensus was a strong market-maker event of course that attracted new people and investments to the market. But the bigger the market is the less direct influence such events will exert on it and on BTC price.
jr. member
Activity: 62
Merit: 1
Can't argue with 8k ppl turning up for very expensive tickets for one event. There's a good number of institutionals at Consensus. If they add money to the crypto system, why not?
sr. member
Activity: 854
Merit: 262
things like this usually increase awareness but they won't bring in that many investors. and it mainly will affect bitcoin because it is useful. there are a lot of advertisement in these for ICOs and shitcoins though which will make things even worse and make everything look bad.

So much for consensus being our savior, it looks like some asshole whales are hell bent on ruining the parade.

maybe they wanted one last shot at the cheaper coins while testing the support strength in the market at the same time before letting the price shoot up to the moon Cheesy
its most likely the mt gox dick head, Id like to hit em right in the beak.
legendary
Activity: 1946
Merit: 1137
things like this usually increase awareness but they won't bring in that many investors. and it mainly will affect bitcoin because it is useful. there are a lot of advertisement in these for ICOs and shitcoins though which will make things even worse and make everything look bad.

So much for consensus being our savior, it looks like some asshole whales are hell bent on ruining the parade.

maybe they wanted one last shot at the cheaper coins while testing the support strength in the market at the same time before letting the price shoot up to the moon Cheesy
sr. member
Activity: 868
Merit: 259
now consensus is ongoing, but the market has not moved up. I am pessimistic, consensus does not have a good impact and gives growth to the market. will it wait any longer?

Thats true. Consensus this year has been so far underwhelming for the market in contrast to what happened last year. Its the bear market. It indicates that no amount of "good news" can push the bulls if the bears are, right now, dominating them.
full member
Activity: 504
Merit: 102
now consensus is ongoing, but the market has not moved up. I am pessimistic, consensus does not have a good impact and gives growth to the market. will it wait any longer?
sr. member
Activity: 854
Merit: 262
So much for consensus being our savior, it looks like some asshole whales are hell bent on ruining the parade.
sr. member
Activity: 574
Merit: 259
Deal Coin - P2P Lending Eco-system
It looks like everyone is expecting a big pump during this consensus event like the year before so I don't think it will happen, usually the opposite happen Bitcoin now is crashing
legendary
Activity: 1568
Merit: 1041
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Any publicity is good publicity. If we can get a news station to pick up on the event, then expect more people to come into the crypto world. It's just like when Bitcoin hits all time highs and gets blasted all over the news. We always end up getting a bunch of new users coming in and increasing the market cap. I think we'll do well if we can get some publicity.
newbie
Activity: 98
Merit: 0
The problem is that crypto market is easily to manipulate. Everyone is expecting the growth of Bitcoin and altcoins during the Consensus, but the outcome may be different
full member
Activity: 476
Merit: 107
People are talking about consensus in May and big institutional investments coming in.

What’s everyone’s opinion on this?
May concensus will only bring forth good publicity and possible more real world use cases of Bitcoin and crypto(as a currency) but I wonder why everyone is so excited about it despite the fact that their decisions that will happen there is still uncertain? What if the concensus doesn't end well for all of us? Im no expert to understand why everyone is so hyped about it, but what I do know is that it will boost cryptocurrency.markets and might trigger another bullish trend.
full member
Activity: 378
Merit: 100
There is no definite clear position and it is not possible to predict any outcome and in which direction the fluctuation of the crypto market will actually occur. Although you can listen to the opinion of experts.
newbie
Activity: 45
Merit: 0
People are talking about consensus in May and big institutional investments coming in.

What’s everyone’s opinion on this?

Last year there was also Consensus in May and while it raised awareness about crypto there wasn’t much of an immediate fluctuation on Bitcoin and crypto in general. (End of July and past then is when it really started to make huge gains).

Nobody knows for sure obviously but I’d be interested in hearing educated opinions.

The truth is no one knows.  Ppl have said many things, ‘experts’ have said March, April, May etc.  Don’t listen to anyone and DYOR.  I’m part of many groups and have purchased many reports and they’re all wrong.  Even the ‘legend’, Cliff High, has been wrong....
member
Activity: 98
Merit: 12
People are talking about consensus in May and big institutional investments coming in.

What’s everyone’s opinion on this?

Last year there was also Consensus in May and while it raised awareness about crypto there wasn’t much of an immediate fluctuation on Bitcoin and crypto in general. (End of July and past then is when it really started to make huge gains).

Nobody knows for sure obviously but I’d be interested in hearing educated opinions.
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