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Topic: How about the future of the market? - page 8. (Read 1123 times)

legendary
Activity: 2506
Merit: 1125
June 12, 2021, 10:45:14 AM
#10
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 everyone knows the main reason for the decline in the price of bitcoin, it all seems so obvious. But the recent news about the legality of bitcoin in the country of El Salvador has pumped up the bitcoin price and I think this is the start of a new beginning for the rise of crypto as I think many other countries will soon follow El Salvador.
sr. member
Activity: 1428
Merit: 275
BitByte Crypto: https://link3.to/bitbytecrypto
June 12, 2021, 11:07:40 AM
#10
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?

Market is now on correction phase and it’s happened because of combined fuds from China and others. Although crypto market is having many type of trends/hypes by the day's gone, but NFT will stay in this market forever just like defi. But it's true that NFT hype is increasing day by day and it’s still on the starting phase, IMHO.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
June 12, 2021, 10:48:07 AM
#9
The future of the market is still bright. Look at El Salvador. They made bitcoin a legal tender. More countries are to follow soon. Crashes like this is very normal and is actually good that it happens. We went up too fast. Think of this crash as an healthy correction. The crash means more opportunity for you to invest. Crashes open doors for new investors to enter the market, spreading the limited amount of coins among different people instead of few groups of whales. And no, NFTs won't be the future of crypto currencies. It will stay though even after all those NFTs hypes are over (already is).
full member
Activity: 926
Merit: 100
June 12, 2021, 10:30:09 AM
#8
I think the market ups and downs are just a part of the bigger picture it happens for a reason and I believe just like any other industry cryptocurrencies are not exempted from this and if we compared to the previous years let say 2019 this situation also happens that's why I presume that it is just a normal market cycle after the bullish market trend next is the bearish trend and we can't do anything about it, its the market that dictates what would be the outcome and no one can predict it.
Yes, every year there are always decreases and increases in the cryptocurrency market which sometimes cannot be predicted by anyone, but everyone should know that the decline and increase always starts with the amount of demand and supply in the crypto market.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
June 12, 2021, 10:28:41 AM
#7
Have you seen the market is declining? when?
Apparently, it was just a sort of market correction, not a thing that we think we are already in bear season.

Quote
Is it true that NFTs are the future of the cryptocurrencies?
I don't know and I'm not sure if these NFT's projects are promising or they just like Defi projects that after it surges high, like a bubble that it burst and say goodbye.

Well, the future of the market is clear to have a better future. I can say that because it is what I believe, I trust crypto and I know the next generation will adopt the system.
full member
Activity: 2086
Merit: 193
June 12, 2021, 09:57:26 AM
#6
I’ve have been dealing with a great NFT projects in the past days and I can say that they are really good and most of the NFT project has a bright future. Don’t be afraid of the falling prices because that’s normal and the crypto market can still recover. Have you heard about the news with regards to making Bitcoin as a legal tender in El Salvador? Imagine the future that we have on this kind of news and do the math.
jr. member
Activity: 109
Merit: 1
June 12, 2021, 09:48:35 AM
#5
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 the market ups and downs are just a part of the bigger picture it happens for a reason and I believe just like any other industry cryptocurrencies are not exempted from this and if we compared to the previous years let say 2019 this situation also happens that's why I presume that it is just a normal market cycle after the bullish market trend next is the bearish trend and we can't do anything about it, its the market that dictates what would be the outcome and no one can predict it.
full member
Activity: 2128
Merit: 180
June 12, 2021, 09:40:26 AM
#4
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.
There's no assurance about our future but you must start working now to at least make your future better and with regards to cryptocurrency, no one can tell if this is already a bear market and if its going to continue going down as the market remains unpredictable. NFTs are growing they have a good future because they are already working on a good projects and we already saw a great demand for NFT so I believe on a great future for them.
sr. member
Activity: 1246
Merit: 250
June 12, 2021, 07:53:38 AM
#3
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 seems true that the price of cryptocurrencies has now started to decline, but it is a market correction that does look like a mess made by the popes, but I will not accuse anyone of this, because everyone has their own rights in doing its job, and for NFT, I think it will indeed be a new future in the crypto space, but its development could just stop suddenly due to market reasons.
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
June 12, 2021, 09:32:43 AM
#3
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 don't need to worry, because the price will definitely increase again and in my opinion NFT is not the future of cryptocurrency, but NFT is one part of cryptocurrency, because there are still other projects that are part of cryptocurrency, so it's not just NFT, therefore In my opinion NFT is not the future of cryptocurrency, but NFT is one part of cryptocurrency in the future.
full member
Activity: 616
Merit: 100
https://exip.live/
June 12, 2021, 07:23:08 AM
#2
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.
member
Activity: 360
Merit: 10
May 29, 2021, 09:47:41 AM
#1
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.
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