How about the future of the market? - page 5.

strunberg

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Quote from: acdc on June 16, 2021, 05:34:48 PM

Quote from: blockman on June 13, 2021, 02:58:08 PM

Quote from: acdc on June 13, 2021, 02:50:29 PM

I think this drop is completely normal in the crypto market. We have seen the market have a very high gain in April, clearly the market needs a small correction to be able to continue growing.

Yes, the drop is basically a normal thing in cryptocurrencies. We saw this so many times. The future of cryptos lies in itself. There will be sets of new types of investment that will also surround the cryptocurrencies but there's only one thing that's for sure. The best of the best of cryptocurrencies will stay and those established ones like Bitcoin and Ethereum and other established altcoins shall stay for the future.

That's right, anyone who's been in this market long enough has experienced multiple drops.
The market has had an overheated rise in the past so it needs a correction to create a balance.

they should not worry anymore in this cycle. several times face hard drop in few years ago give us an important experience how to face it and catch the opportunity. every correction after price it new at was normal cycle and it form good market structure.

Luffygroove

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For years, the issue of China government and other countries trying to ban cryptocurrencies in their countries have affected the market price. This year, it's added by Elon Musk's tweets. The market movements always dynamic. Bull season and bear season seems changing every 3 to 4 years, but there's always some correction, means in a short time after bull run will always following bear run and vice versa. This is the pattern in the cryptocurrency world and seems proved enough in the past years. So I think we don't need to be worry too much, since I believe the crypto world would be exist in a very long time.

john1010

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Quote from: hack3rcon on May 29, 2021, 08:47:41 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.

Ups and down trend in the crypto market is very normal, this is the way to replenish the market and also to give way to some buyer to buy cheap coin. In my opinion I consider NFT is one of the promising platform that will give cryptocurrency a boost and to recognize by people, there's a lot of project is now collaborating with NFT's so yes, NFT might be the future of the cryptocurrency.

Psynthax

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No need to be overly paranoid like that, the market isn't gonna go anywhere, remember we've experienced massive dump in the past and it could hit $65K as new ATH, the current market have stronger resistance than ever.
NFT however is just one niche in crypto market, it could potentially be the future of the market but in my opinion it's just gonna be another niche like defi that's gonna help grow the market and if NFT could succesfully become a technology that's used in various field like gaming, music, etc it could open up blockchain to a whole new bigger market

WalkerIVIV

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Quote from: Sir Legend on June 14, 2021, 08:41:24 PM

For now I think that NFT is the future of the market, the presence of NFT is the right solution because it makes investors believe that they buy and can exchange with real products.

The NFT trend already passed and the transaction related to the NFT already dropped so hard and that means if people have been jumping again to get another trend that may come in the future.
Defi, NFT, Farm and these just short term trend. it may be the future of crypto in term of the features that will be more available in the crypto.

midaslordes

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Quote from: hack3rcon on May 29, 2021, 08:47:41 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.

I think if bitcoin's price continue to decline gradually it indicates that we are once again entering the bearish cycle which if you see the pattern of every cycle will takes at most 3-4 years before it goes to bullish cycle again. Like De-Fi, NFTs become the trend of this years market cycle so seeing the success of De-Fi I have a strong confidence with NFT that it will grows more in the coming more years.

killerfrost

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I also have the same thoughts as you about the current market situation, all developments are still influenced by BTC. And now it is recovering gradually, if the recovery comes at the end of the year, I think there will be a lot of things that will explode in the market in the near future. Not only NFT but also many other trends will emerge to bring attraction to this market.

Hannahanto

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Just because price are falling or will I say we are in the bear season doesn't mean the market ain't gonna be fine. No doubt NFTs are really doing a great job and are tending this late 2020-2021 but I'm a trader and I'll tell you not to give hope on the market right away.
The market will revive, we are in a bullish year so the market is just making some correction so buckle up and stay alerted for the next bull train.

acdc

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Activity: 939

Merit: 256

Quote from: strunberg on June 16, 2021, 05:51:40 PM

Quote from: acdc on June 16, 2021, 05:34:48 PM

Quote from: blockman on June 13, 2021, 02:58:08 PM

Quote from: acdc on June 13, 2021, 02:50:29 PM

I think this drop is completely normal in the crypto market. We have seen the market have a very high gain in April, clearly the market needs a small correction to be able to continue growing.

Yes, the drop is basically a normal thing in cryptocurrencies. We saw this so many times. The future of cryptos lies in itself. There will be sets of new types of investment that will also surround the cryptocurrencies but there's only one thing that's for sure. The best of the best of cryptocurrencies will stay and those established ones like Bitcoin and Ethereum and other established altcoins shall stay for the future.

That's right, anyone who's been in this market long enough has experienced multiple drops.
The market has had an overheated rise in the past so it needs a correction to create a balance.

they should not worry anymore in this cycle. several times face hard drop in few years ago give us an important experience how to face it and catch the opportunity. every correction after price it new at was normal cycle and it form good market structure.

In fact, market declines are a great opportunity for investors, people can buy coins at a good price. A lot of people have seized the opportunity this time and made a big amount.

acdc

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Activity: 939

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Quote from: blockman on June 13, 2021, 02:58:08 PM

Quote from: acdc on June 13, 2021, 02:50:29 PM

I think this drop is completely normal in the crypto market. We have seen the market have a very high gain in April, clearly the market needs a small correction to be able to continue growing.

Yes, the drop is basically a normal thing in cryptocurrencies. We saw this so many times. The future of cryptos lies in itself. There will be sets of new types of investment that will also surround the cryptocurrencies but there's only one thing that's for sure. The best of the best of cryptocurrencies will stay and those established ones like Bitcoin and Ethereum and other established altcoins shall stay for the future.

That's right, anyone who's been in this market long enough has experienced multiple drops.
The market has had an overheated rise in the past so it needs a correction to create a balance.

Serco

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Activity: 1050

Merit: 250

Quote from: hack3rcon on May 29, 2021, 08:47:41 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.

will see another breathrough come from cryptocurrency market not only NFT. it is true every NFT project have alot investors , back personally the future of cryptocurrency is rellated with its utility in real life it self. NFT will growth alot and maybe used in any field to documentize any thing, but i am confidence there is something bigger than nFT.

ChaoChibai

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Quote from: richcorner100 on June 12, 2021, 06:23:08 AM

The price of BTC and others altcoin declined because of bad news from China goverment and Elon Musk at the same time. In crypto, there are always 2 trend, bearish and bullish and for each trend can be taken for 2-3 years, and the trend changing for every 3-4 years. But for BTC, the price is always going to new ATH for every bullish season. This is according to history of BTC price. I think for now, the market will continue with bull season until 2022 and then the market changing to bearish season again for another 3 years.

I appreciate and also agree with your thoughts. I also believe market correction right now is because of the government of china made a bad news related to crypto. I just hope this bull season will not go as long as your statement, i think 3 years is so long for us.

wayaneka

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Bitcoin just breakout from the support area, and this is good sign and it will triggered others altcoin. Price action of Bitcoin and others altcoin has high probability to keep going up after correction. BTC and others coin already to go high and its normal dumped up to 50%, and then sideaway for a few week then try to bounce back again. Crypto and NFT market is still very young and still have big room to growth. We need to more understand the duration and cycle of the trend market, because trend of market all the time changing, bullish to bearish and to bullish again then changing again.

isaac_clarke22

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Quote from: Shasha80 on June 13, 2021, 08:31:01 PM

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I am sure that the OP is asking about the NFT as well not just the price decline.
Talking about the price as what you based on how the crypto will be the "future" isn't sufficient reason.
Remember that cryptos like Bitcoin aimed to be like payment solution. I think people should lean more on that and not just meme-ing the crap out of coins.

Ekyfitri

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Quote from: Sir Legend on June 14, 2021, 08:41:24 PM

For now I think that NFT is the future of the market, the presence of NFT is the right solution because it makes investors believe that they buy and can exchange with real products.

NFT marketplace projects will be coming in the future. even binance is also planning something big for the NFT market.
NFT went big with the DeFi project even though the DeFi project's popularity is still greater. the end of the year and next year I think is the momentum of the NFT.

Sir Legend

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Quote from: hack3rcon on May 29, 2021, 08:47:41 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.

For now I think that NFT is the future of the market, the presence of NFT is the right solution because it makes investors believe that they buy and can exchange with real products.

Yatsan

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Leading Crypto Sports Betting & Casino Platform

For those who were just new into crypto space, there are lots of time that Bitcoin and the whole crypto space experience declination but still have made it out and survive after those trials and circumstances brought by different factors affecting the whole market. Worrying will not provide you good thing just to be frank. Just go with the flow and trust the process for we have already gone through many of this in the past. The declination is nothing new to be exact. It is already a common nature with crypto ever since its existence. So do not bother to worry too much.

fullhdpixel

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Quote from: hack3rcon on May 29, 2021, 08:47:41 AM

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?

There's nothing like the future of currencies, all these things are trends that just comes and go. DeFi should make you understand that most of these things are not here to stay. They just come out newly and they start trending and everyone is rushing to make money off of it, and once they have all made that money and there is a new trend, they will all dump it and move for the new ones.

Same thing you're saying right now, there are also other people that said it when we had DeFi trending; a lot of them thought that DeFi is the future, but now it's no longer much as it used to do back then, things have changed.

Fivestar4everMVP

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The drop is not something we should really be worried about, for most of us that have been here for some time now, the current drop in price of all cryptos is absolutely nothing compared to what we've seen before, for those of us who are experienced in this field, when ever the market drops, it an opportunity for us to buy more coins at a cheaper rates, but if you have no money to buy more, then just be patient and hodl what you already have, don't panic sell as the market might just be waiting for you to sell so it starts going up again.
And as for NFTs, NFTs aren't the future of crypto, but like someone said here, NFTs are part of crypto currencies future, crypto currency is the future of money.

SaShiRaJaVu

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Quote from: ?? on ??

I think nft will be a part of the future of crypto, and as to when this market will recover I guess time will tell, we can only watch and speculate before it happens, but the good thing is it will continue to happen in the long term, I mean the market will always recovery how bad the state of the crash at that time.

The idea behind is novelty and some of the platforms are attracting visitors who are willing to spend millions and that caught my eye in the market as well. The problem is when the hype started more and more projects are popping up, some with their own chain and some run on top of other network and we will see how far these projects will go. I need to select a few projects that are hyped and plan on investing in them and see how it goes.

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