This is huge guys, the marketcap is increasing like crazy right now.
The totalmarketcap was below $200 billion dollars before all the mess about bcash / bitcoin on November 12th, now it is upto $270 billions, it is more than 35% of increase in just less than 14 days.
This is incredible and this has never happened before, maybe if we acostumbrate to see this kind of pumps in the marketcap we are going to be able to see it over $500 billions before the middle of 2018, and this means that bitcoin can easily make a x2 or x3.
Topic: Everything is on an uptrend - page 5. (Read 1147 times)
It could be safe to say alts derive a massive and significant portion of their own value from bitcoin.
Under conditions of normal market activity, when bitcoin rises, alts often follow in its footsteps. When bitcoin fades, the value of alts often decreases across the board.
There are exceptions to this as when bitcoin's price faded and bitcoin cash's price increased dramatically. However, I think many of us will agree that does not represent conditions of normal market activity. But rather abnormal behavior.
Under conditions of normal market activity, when bitcoin rises, alts often follow in its footsteps. When bitcoin fades, the value of alts often decreases across the board.
There are exceptions to this as when bitcoin's price faded and bitcoin cash's price increased dramatically. However, I think many of us will agree that does not represent conditions of normal market activity. But rather abnormal behavior.
This is true, and guess which is the only altcoin that is on a Downtrend.
The answer is so easy! WAVES! This is the altcoin that everybody is hyping in this forum because they think that this coin is going to make millionaire everybody in here.
And maybe 99 coins of the total 100 on coinmarketcap are in incredible green numbers, but waves is on -3% since the last 24 hours.
I have never trusted in this coin, but it is very sad to see that it is only going down while all the other altcoins are in green.
The answer is so easy! WAVES! This is the altcoin that everybody is hyping in this forum because they think that this coin is going to make millionaire everybody in here.
And maybe 99 coins of the total 100 on coinmarketcap are in incredible green numbers, but waves is on -3% since the last 24 hours.
I have never trusted in this coin, but it is very sad to see that it is only going down while all the other altcoins are in green.
It seems that all crypto currencies are now on an uptrend. Any fiat converted into crypto is booming and it seems to be a snowballing effect where more people invest and the value goes higher and higher. I believe this is because of the strong gains everyone is feeling right now and I now understand why some people think its a bubble.
But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
Yes, we are the very early adopters I suppose, not considering the Legendary Member lot of this forum. But yes much of the whole world is still unaware of this wonder. Bitcoin has increased from $500 to $8000 because people thought that it is going to increase more and this trend will still continue to follow until people realize that they are trapped and now bitcoin and alts will decrease. Because as per our current pace I just can't find a happy ending for bitcoins. But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
if we're talking it in a long range(around 5 months later on) i believe right now is a good sign,
but for a short time the only thing that has a bright future and movement only Bitcoin,
every altcoin moved up due to prepartion for upcoming movement,which mean there will be another bloodbath that will happen with altcoin.
do you remember when BCH got their pump a few weeks ago ?
they made a crazy move while Bitcoin drowning,but after a few days we saw a huge correction and the price moved back to its own place(slightly higher).
just make sure do not miss the train that will happen with Bitcoin,
but holding altcoin is not a bad choice either if we're looking for a hold,because everything will be pumped next year.
i believe next year would be a party for an altcoin
but for a short time the only thing that has a bright future and movement only Bitcoin,
every altcoin moved up due to prepartion for upcoming movement,which mean there will be another bloodbath that will happen with altcoin.
do you remember when BCH got their pump a few weeks ago ?
they made a crazy move while Bitcoin drowning,but after a few days we saw a huge correction and the price moved back to its own place(slightly higher).
just make sure do not miss the train that will happen with Bitcoin,
but holding altcoin is not a bad choice either if we're looking for a hold,because everything will be pumped next year.
i believe next year would be a party for an altcoin
Increased confidence on the crypto market due to established financial institutions making their way into the scene. It's making a small FOMO right now but we should be good. Fresh money coming in from different parts of the world despite having some countries impose strict trading regulations (China, SoKor) plus the fact that there's no recent negative news whatsoever circulating. Good times, and great Christmas ahead, for sure!
I am surprised with this utrend. I am member of steemit, steem dollor also moved 70% in this week which is strucked at 1$ from long time.
yes today was slightly different that there are several options to making profit on cryptocurrencies because when bitcoin price rise up then major altcoin also following the uptrend and over than 1 month again we will reach 2018 and there are possibility to bitcoin to reach more than $10k at that year and with the current situations i'm pretty sure this trend hasn't stopping yet
You are right, if you look at top100 list on coinmarketcap.com you will see that 90% of coins and tokens have positive growth in the last 24 hours and this happens rarely. Normally I don't agree with that bubble theory and I think cryptocurrencies still have a lot of unused potential. I am pretty sure bitcoin will be worth more than 15k USD by the end of 2018.
But that growth in last two or three weeks is unsustainable. We could even call it a bubble, but I don't like this term. I think there will be a correction soon and the whole market will shrink for about 20%. Nothing catastrophic tho.
Just look at that graph:
There was correction at the end of June and then the prices went up again. August was month of too fast growth so there was another fall at the beginning of September. But since than, the total market cap is just growing for more than two months and this growth is too fast. So I predict that price of Bitcoin and the whole crypto market cap will fall by about 20% soon, probably before mid-December. But than it will recover above current level quite soon.
But that growth in last two or three weeks is unsustainable. We could even call it a bubble, but I don't like this term. I think there will be a correction soon and the whole market will shrink for about 20%. Nothing catastrophic tho.
Just look at that graph:
There was correction at the end of June and then the prices went up again. August was month of too fast growth so there was another fall at the beginning of September. But since than, the total market cap is just growing for more than two months and this growth is too fast. So I predict that price of Bitcoin and the whole crypto market cap will fall by about 20% soon, probably before mid-December. But than it will recover above current level quite soon.
I think the result is all infant of you and you predict the future of the bitcoin by all yourself. With all the new development from the previous fork if any has led us to adopt more bitcoin by investing the real money and thus leading to huge incriminate in the market capitalism of the bitcoin. With that said we are interestingly seeing huge pumps in the alt coins also. Now I'm concerned whether these pumps are natural or are they being made by the team who run them to keep up the place in the bitcoin market as best token pair. This could be the case or may be its the investors who are putting all the efforts into it for real growth and unplanned challenges that are yet to come. The future is completely bright with any coin you see here and yes investing into them would be very wise at this stage.
It seems that all crypto currencies are now on an uptrend. Any fiat converted into crypto is booming and it seems to be a snowballing effect where more people invest and the value goes higher and higher. I believe this is because of the strong gains everyone is feeling right now and I now understand why some people think its a bubble.
But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
Yeah it seems that bitcoin value is gonna go way higher than now (looking at the present statistics). But i also think it is a bubble as of now bitcoin is becoming trend and everyone is investing in it . But with time may be there will be something new for the people to invest where there will be more profit for everyone. Still no one knows the future so anything could happen. But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
"Everyone is investing in it" is not entirely correct, in my opinion. The number of people who have heard about cryptocurrencies, let alone the number of people that actually invest in them, is a small fraction of people who are trying to invest their money. Everyone's been hearing about bitcoin as a buzzword, but most of those people are not investing in bitcoin at all.
An uptrend for most of the coins including bitcoin is a good news but be careful. Future of bitcoin will be a good future for me since we know that the price of bitcoin will increase in the next years. Let's just wait for it to increase. KAMPAI!!.
But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
very fluctuating if we keep up with the latest news about crypto growth so we do not get stuck and lose money
It seems that all crypto currencies are now on an uptrend. Any fiat converted into crypto is booming and it seems to be a snowballing effect where more people invest and the value goes higher and higher. I believe this is because of the strong gains everyone is feeling right now and I now understand why some people think its a bubble.
But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
Yeah it seems that bitcoin value is gonna go way higher than now (looking at the present statistics). But i also think it is a bubble as of now bitcoin is becoming trend and everyone is investing in it . But with time may be there will be something new for the people to invest where there will be more profit for everyone. Still no one knows the future so anything could happen. But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
Definitely the future is bright not just for bitcoin but all of crypto, more and more people are entering and with some of the finance guys bringing it to the masses 2018 will be a very interesting year for sure.
It seems that all crypto currencies are now on an uptrend. Any fiat converted into crypto is booming and it seems to be a snowballing effect where more people invest and the value goes higher and higher. I believe this is because of the strong gains everyone is feeling right now and I now understand why some people think its a bubble.
But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
yes bitcoin as well other crypto's showing upward momentum now, there is nothing to think it as a bubble, more and more investors invest in bitcoin the demand increases and the price too increases, it is traded in its original price, really it is going to skyrocket in future. But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
It seems that all crypto currencies are now on an uptrend. Any fiat converted into crypto is booming and it seems to be a snowballing effect where more people invest and the value goes higher and higher. I believe this is because of the strong gains everyone is feeling right now and I now understand why some people think its a bubble.
But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
But when you come to think of it, we are still early adopters right? Are there analysts who really project bitcoin or cryptocurrency value to skyrocket in the future? (aside from McAfee of course).
Jump to: