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Topic: How about the future of the market? - page 2. (Read 1137 times)

jr. member
Activity: 296
Merit: 1
August 25, 2021, 08:37:09 AM
The price of BTC is currently stable at $47k and even most of the top altcoins are still influenced by BTC. And now it's starting to recover gradually, if the recovery happens by the end of the year, I think there will be a lot of things going to explode in the market in the near future. Not only NFT but also many other trends that will emerge to bring traction to this market.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
August 25, 2021, 05:28:31 AM
now the market correction is happening but it won't be too long the main cause of the decline in bitcoin prices tends to be negative issues that are scattered, we can't determine the future exactly which one will survive on cryptocurrencies intact, the decline in prices in each market greatly affects many things, especially on bitcoin and altcoins, I firmly believe the revival will repeat itself
This is only a small correction that will make the market bounce back more than what we saw before the correction, so there is no need to worry about this because it has been very common in the cryptocurrency market in the past.
I also think it's just a slight correction, and we're seeing it growing. Honestly, I'm not too worried about the market situation until the end of the year, but still need to keep a close eye because unexpected developments can still happen. We're mostly in a rush as the market picks up again, so just relax and don't make yourself think too much about it.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
August 07, 2021, 04:48:36 AM
As always, I'll be looking at the public's take on any trends. We have seen the success of DEFI and followed by NFT, NFT gaming play to ear. But one more thing is the long-term trend of Bitcoin.
If Bitcoin drops in price then all altcoin efforts will be in vain. History has shown us the influence of Bitcoin on altcoins. This time is no exception.
However, the market is divided, so you should only invest in the trend in a controlled manner to ensure risk.
full member
Activity: 691
Merit: 100
August 07, 2021, 04:27:56 AM
There are many reasons for BTC and altcoins to fall together, it is bad news from China, investors lose faith in elon musk.
Besides, there is another reason that the epidemic is being pushed back, people are returning to normal economic activities and a large amount of capital is withdrawn for investment.
Investors only do the work they should do, because why believe in Elon Musk if he only thinks about profit for himself and never thinks about anyone for this, so the withdrawal of capital from the investor is very necessary to happen.
I agree with you. In my opinion, the ups and downs of Bitcoin and Altcoins are very influential on investors.
Bad news from those who want Bitcoin to fall only makes investors think a little about other alternatives if it really happens.
full member
Activity: 644
Merit: 100
July 31, 2021, 01:12:34 PM
There are many reasons for BTC and altcoins to fall together, it is bad news from China, investors lose faith in elon musk.
Besides, there is another reason that the epidemic is being pushed back, people are returning to normal economic activities and a large amount of capital is withdrawn for investment.
legendary
Activity: 2338
Merit: 1124
July 28, 2021, 12:56:36 PM
non-fungible tokens can't act as a currency at scale. NFT is a niche on its own that will prove valuable in all sorts of areas, but it will still have the character of a collectible or an equity title or something similar. Currency needs to be fungible in order for it to work at scale.
They may not be currency of its own but they can certainly create a demand and that is all that matters, it is not about being a currency or not, it is about being profitable and as long as it is profitable then it is good as coins. Remember you can sell them for crypto as well so that means there are things where you can invest with crypto, just like how you invest your fiat into crypto, you can invest your crypto into NFT instead of keeping it for crypto at all times.

What we need to focus on here is that if NFT will have the desired impact or not, and I feel like with these gaming stuff we will eventually see one company, probably some gaming company that had a founder or owner that likes crypto personally, will end up making such a game that it is going to change the world of NFT, we will see a whole game world that runs around the NFT and crypto idea and will make it insane.
sr. member
Activity: 804
Merit: 251
July 28, 2021, 07:59:32 AM
Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

You are right that now capitals flow from normal useful altcoins to different popular, but not very valuable, to my mind, meme coins and NFT of different games. Nevertheless, I strongly believe that digital art and gaming are not the limit of Non-fungible tokens. We can tokenize physical assets, documents, rights. So, in my point of view NFT is really a future, but in another form than we see now.

Not sure if money is really flowing around the way you describe it. I rather think that more and more money is entering the crypto markets as a whole, with some of it also going into NFTs. As for NFTs I very often read its connection to games, but there are far more applications for NFTs than just games. Beyond that I think we will see a wave of innovative products even over the course of the next 12 months.
full member
Activity: 661
Merit: 100
July 27, 2021, 09:24:55 AM
Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

You are right that now capitals flow from normal useful altcoins to different popular, but not very valuable, to my mind, meme coins and NFT of different games. Nevertheless, I strongly believe that digital art and gaming are not the limit of Non-fungible tokens. We can tokenize physical assets, documents, rights. So, in my point of view NFT is really a future, but in another form than we see now.
sr. member
Activity: 804
Merit: 251
July 27, 2021, 06:40:11 AM
I've been here properly since the Bitcoin bull run started from 4-5k USD. We should invest now at any top volume altcoins and only NFT won't be cryptocurrency future. Now we know it's the best investment time for crypto, but we couldn't invest without this correction. The crypto market correction is always good for us. Actually, we shouldn't predict about the crypto after a few months.
Why won't NFT be the cryptocurrency of the future? try to give reasons and descriptions about it, because some people have mentioned that NFT is the cryptocurrency of the future, because currently NFT is still in a good development stage and one NFT project has also been successful at this time, namely Voltnft.

Because non-fungible tokens can't act as a currency at scale. NFT is a niche on its own that will prove valuable in all sorts of areas, but it will still have the character of a collectible or an equity title or something similar. Currency needs to be fungible in order for it to work at scale.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
July 27, 2021, 05:26:19 AM
NFT is gradually being applied more and more, there have been many projects that have had amazing growth in a short time. The future I see the application of blockchain to all areas of life will always attract people to join and support with it.
It is attractive.

I hope that the craze for NFT will remain and it's not just all about hype and these projects that we see soaring and being at top will stay where they are.

And they won't do something that will make the NFT market to drop because of it.
I believe that now the hype is over, and the application is in many fields. Looking at what is happening the market is showing that NFT projects are gaining interest, by playing games and generating income at the moment I really appreciate this value.
full member
Activity: 1148
Merit: 101
July 25, 2021, 02:15:32 PM
Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.
Judging from the current market that is experiencing a decline in every altcoin that continues to lead to a decline in price, this problem is nothing to fear. Rise and fall of prices in the market is a common thing to happen. If demand is high, the price will go up and what causes the price to fall is the number of investors selling each coin. My experience in cryptocurrency has twice experienced something like this, the price can go up and it can go down, it's unpredictable when it happens.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
July 26, 2021, 05:32:45 AM
Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

It is just the nature of the crypto space that is bear season and bull season, and because it is somehow a bear season (even though some experts believe it is bull season) the prices of cryptocurrencies are falling. Talking about the prices dropping further is what no one can say with confidence because predictions do not work, but if you are in for long term and holding good coins, then you need not to worry much.
Now lastly, the case of NFT is, it is still growing, that is somehow in its infancy mostly when you compare with DeFi ecosystem. In the same way, I don't think NFT can be regarded as the future of cryptocurrencies but however a trend just like others like DeFi, Meme etc, and just like trends, it comes and goes then another takes over while the impact made by it will still be felt in the crypto space.
full member
Activity: 149
Merit: 100
July 26, 2021, 05:05:12 AM
Litecoin got not so big price now but I believe in their future
hero member
Activity: 2828
Merit: 611
July 26, 2021, 04:58:36 AM
Judging from the current market that is experiencing a decline in every altcoin that continues to lead to a decline in price, this problem is nothing to fear. Rise and fall of prices in the market is a common thing to happen. If demand is high, the price will go up and what causes the price to fall is the number of investors selling each coin. My experience in cryptocurrency has twice experienced something like this, the price can go up and it can go down, it's unpredictable when it happens.
It is "sort of" predictable. How? Well simply if the price goes up way too much, then it will go down, when it goes down too much then it will go up. We all know that when price went from 5k to 50k it was matter of time when it will stop, it was obvious that you should not go all in during that period, the most of the increases already happened and even if it were to go up some more, it wouldn't be much, and that was the situation, the price went to 64k max and went lower.

Same goes now, I am sure it can go down more, maybe 20k who knows, but it has already gone down so much that I believe we have seen it go down as much as it can, from now on if you buy, you may lose a small amount if it goes down some more, but in the long run you will be in profit because the up is not that further away. So you can predict it in broad terms, not exact numbers but still can guess it.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 26, 2021, 04:31:54 AM
NFT is gradually being applied more and more, there have been many projects that have had amazing growth in a short time. The future I see the application of blockchain to all areas of life will always attract people to join and support with it.
It is attractive.

I hope that the craze for NFT will remain and it's not just all about hype and these projects that we see soaring and being at top will stay where they are.

And they won't do something that will make the NFT market to drop because of it.
full member
Activity: 2142
Merit: 183
July 25, 2021, 11:06:38 PM
Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

I believe this decline will continue and the main problem is because the market has increase very high, so the market is experiencing a correction, because every time there is an bull run, there will definitely be a correction and of course now is the right time to buy cryptocurrency before the market increase again, then In my opinion NFT is not the future of cryptocurrency, but blockchain is the future of cryptocurrency.
It looks like you made a mistake in forecasting a further fall in prices. Today, probably, many are surprised by the sharp jump in the cryptocurrency market. Overnight, the price of bitcoin has risen by almost $ 4,000 and now stands at almost $ 38,200. There is some positive news for this market lately, but is it enough for such a sharp rise in price? We will receive an answer to this question in the next few days.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
July 25, 2021, 10:47:03 PM
NFT is gradually being applied more and more, there have been many projects that have had amazing growth in a short time. The future I see the application of blockchain to all areas of life will always attract people to join and support with it.
full member
Activity: 756
Merit: 100
July 25, 2021, 07:53:06 PM
I've been here properly since the Bitcoin bull run started from 4-5k USD. We should invest now at any top volume altcoins and only NFT won't be cryptocurrency future. Now we know it's the best investment time for crypto, but we couldn't invest without this correction. The crypto market correction is always good for us. Actually, we shouldn't predict about the crypto after a few months.
full member
Activity: 826
Merit: 100
Tontogether | Save Smart & Win Big
July 25, 2021, 06:09:56 PM
Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

I believe this decline will continue and the main problem is because the market has increase very high, so the market is experiencing a correction, because every time there is an bull run, there will definitely be a correction and of course now is the right time to buy cryptocurrency before the market increase again, then In my opinion NFT is not the future of cryptocurrency, but blockchain is the future of cryptocurrency.
hero member
Activity: 2828
Merit: 518
July 25, 2021, 05:57:16 PM
I think the crypto market is currently in a bubble. However, it is very difficult to predict when a bubble in crypto will appear.
It remains surprising and volatile. This is how the market becomes more interesting and we have to accept this no matter what.

Quote
Conceptually and in business, NFT has the potential to continue to grow in the future and is ready to disrupt traditional businesses, especially those related to digital goods.

Not to mention that NFT can break into the property business, intellectual property and other physical assets that can be presented digitally so that they can be accessed globally.
Ever since, from ICO, IEO, come to Defi, then followed by NFT, all of them are making some hypes but too unfortunate that after they reach their highest price, they automatically going down and later on, many of them just becoming dead. Then, another set of projects will come, and probably, it is still be the same story it has shown.
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