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Topic: MarketCap is returning to $300+ Billion Territory Again Can it be Sustain? (Read 314 times)

sr. member
Activity: 538
Merit: 250
Look at fear and greed index. It is on the lowest numbers since end 2017. People are afraid of buying and they are waiting for the better opportunity on the lowest levels.
https://alternative.me/crypto/fear-and-greed-index/
hero member
Activity: 2562
Merit: 586
Cryptocurrency Market was surprise us again by the unprecedented rising of Bitcoin in the past few days. But I was confused with these Trend why the Altcoins are still in Red territory only few was gaining ground as of today. is these an organic growth or just a manipulation of the few?
If the current market has been as a result of artificially pumped market, fomo would have accompanied it and make us see the new ATH which my even not be much higher than the last ATH, but we can see the way that bitcoin has been slowly growing in value, it means we are getting organic pump through genuine investors and not pumped by whales, so I believe that the market cap will be sustained and even grown more than it this in future even before the major bull run happen, I believe that we will once again return back to $800 billion dollars and then grown to trillions and hopefully continue to grow till we beat the market cap of Forex and gold market.

Next year would be an easy year for the market to grow to that $300 billion dollars.
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
Btc control the market large volume with most highest cap in the market and if it pump or dump the cap increase or decrease , so with the current situation in the market it has a very huge chance to make the market robust in other to let more investors come in with huge sum.
member
Activity: 840
Merit: 10
Cryptocurrency Market was surprise us again by the unprecedented rising of Bitcoin in the past few days. But I was confused with these Trend why the Altcoins are still in Red territory only few was gaining ground as of today. is these an organic growth or just a manipulation of the few?

This happens because investors prefer to sell altcoin and switch to bitcoin. This makes bitcoin dominance in the market skyrocket to 68% of the total market cap value in the market. Altcoin prices will be able to grow again if the dominance of bitcoin decreases or investors increase capital to buy altcoin
member
Activity: 616
Merit: 13
Cryptocurrency Market was surprise us again by the unprecedented rising of Bitcoin in the past few days. But I was confused with these Trend why the Altcoins are still in Red territory only few was gaining ground as of today. is these an organic growth or just a manipulation of the few?

for me its just the foundation of the upcoming mega uptrend that we never see before. I believe speculation and manipulation really is also driving any market in any of the sector of financial markets.
jr. member
Activity: 175
Merit: 1
guestcrew.com
this is because investors are focusing on bitcoin because altcoin is still red but when bitcoin stops rising then at that time investors will definitely switch to altcoin
everyone wants to profit from this trend, therefore everyone is trying to have as much bitcoin as possible especially since there are still many people who believe that bitcoin still has a chance to return to high prices and maybe this is the beginning so they don't want to waste waste this moment
hero member
Activity: 2184
Merit: 531
It can be sustained with ease. Years ago bitcoin and cryptocurrencies were called ponzi schemes but they are surviving and growing. If they were schemes the collapse would've happened years ago and people are starting to notice it. With trust come money and crypto will keep growing. 300 million is just the beginning.
member
Activity: 798
Merit: 14
Yes I think it can be sustained provided there's no sudden news to crash the price of bitcoin. Everyone believes Bitcoin is bullish at this time and there's a significant increase in its trade volume daily new money and investment funds keep being pumped into the market. If we can keep up like this the marketcap can be sustained.
legendary
Activity: 3080
Merit: 1353
Cryptocurrency Market was surprise us again by the unprecedented rising of Bitcoin in the past few days. But I was confused with these Trend why the Altcoins are still in Red territory only few was gaining ground as of today. is these an organic growth or just a manipulation of the few?

Bitcoin is in the territory of having a good recovery for this year so I'm not surprised by the dominance it had as far as market capitalization. Altcoin is a different discussions though, it is still in crypto winter, maybe some investors are really questioning if altcoin is really a good investments and can deliver what they had promise, and so far I don't see any project past or present really doing that good, except for a few occasional pump and dump arrangements.
full member
Activity: 434
Merit: 100
Market cap has gone a bit lower since the time that this thread was created. However, with the current news of Bakkt coming up by September, I think the market cap will surpass $300 billion mark by then. Let us hope for the best.
jr. member
Activity: 238
Merit: 3
Cryptocurrency Market was surprise us again by the unprecedented rising of Bitcoin in the past few days. But I was confused with these Trend why the Altcoins are still in Red territory only few was gaining ground as of today. is these an organic growth or just a manipulation of the few?

Yes, $300+ Billion Market Cap can easily be sustained because more people and enthusiast are embracing the cryptocurrency evolution every day, gradually the "Bubble" title that all cryptocurrencies have been tagged with is no longer at play.
copper member
Activity: 560
Merit: 2
Few years ago, the coin market cap was far lesser than 300 billion dollars, it simply shows that the market is fast evolving and there's a huge possibility of the market increasing. I have always heard that the value of Bitcoin as at 2009 was less than a dollar, but we all know what the value says today. This market would grow and surpass every dead lock.
hero member
Activity: 2730
Merit: 632
Cryptocurrency Market was surprise us again by the unprecedented rising of Bitcoin in the past few days. But I was confused with these Trend why the Altcoins are still in Red territory only few was gaining ground as of today. is these an organic growth or just a manipulation of the few?
On this very unpredictable market we cant really make any conclusions if we are seeing organic growth or manipulation.You have said on this time that entire cap reaches 300+ B level but now on my current writing we did drop to 270B which means theres no significant thing for us to make conclusions if the price is slowly rising up or would consolidate once again.
legendary
Activity: 2366
Merit: 1408
It has been hard to keep more than 10.5k USD for BTC and market around 300billions
I'm optmistic and I think we should be happy if the market grow in a slow way, because it's more solid than a pump

Soon we'll be more than 300billions marketcap in a organic way
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
This is million dollar question. Sustainability and crypto market are not friends. Market swings in either direction in a huge manner. Regulations would help in getting to some stable mode.
hero member
Activity: 3038
Merit: 617
It moves up too fast its almost not real so maybe this isn't going to really go up that quick. It must be a bull trap. But now and you'll regret when you get burned after it dip again. It will not rocket this fast, you have to wait til you see it actually happen.
newbie
Activity: 286
Merit: 0
Yes I think it can sustain but I think it will sky rocket in October because there will be investors this time not like in 2018 October there was hype but no money
sr. member
Activity: 882
Merit: 282
I'm guessing, the majority are exchanging alts for BTC and thus we are seeing this kind of trend. It has mainly to do with BTC halving the next year which will surely boost the price of BTC more. I hope with that, the alts move up at price too.
The halving has contributed to the reasons why bitcoin keep going up in 2019 and I think you are right by thinking along this way. We are having a very strong increase in bitcoin dominant and some altcoin are also recovery and that is the sign that people are prefering bitcoin to other coins and fiat. I am predicting that before the end of this month bitcoin should be above $13,880 this year high and volumes should get back above $370,000,000,000.
full member
Activity: 821
Merit: 100
Volare.network
can but with the reason the price of bitcoin does not fall like the beginning of last month. so sooner or later altcoin will start rising. but if bitcoin falls below 11K maybe marketcap will drop again below $300B.
member
Activity: 662
Merit: 11
www.cd3d.app
Cryptocurrency Market was surprise us again by the unprecedented rising of Bitcoin in the past few days. But I was confused with these Trend why the Altcoins are still in Red territory only few was gaining ground as of today. is these an organic growth or just a manipulation of the few?

I think because many people prefer to exchange their Altcoin for bitcoin. instead of buying bitcoin with fiat. this might be one reason why only bitcoin is rising at the moment. after all, there are currently too many altcoin shit on the market, so many people don't trust altcoin.
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