Topic: Sensitive market at this moment. - page 4. (Read 2333 times)

If everything goes as planned and FUD and panic selling of new users have settled, we don't about a major market price drop. Bitcoin has always been this sensitive. Based on how it's doing now we might achieve $5k mark in less than 2 years.

I totally Agree but upcoming correction move will not be for a long term.

In 2 years (Such a big timeframe for cryptoworld) prices will make big waves but finally cryptocurrencies will rise for sure.

Please check GOLD/BTC charts . As you can see in the begining prices are not related each other. But now you can expect BTC price movements from GOLD prices.
There are really nice projects for about altcoins.  Specially ETH and ETH Tokens. Also don't forget WAVE

And bitcoin marketcap exploding even bigger in this year.

You may expect that, but most people want cryptoworld to growth faster in order to catch up fiat currency, in term or usability.


People do what they want with their funds, whether to invest on bitcoin or cash out what they've invested.
Bitcoin could grow because people believe in it and invest big amount of money, more adopters join in the market every year, that's why it keep growing, we can make it to slow down, let it grow naturally.

Normal situation for every cryptocurrency right now, traders everywhere and they want to make more profits.

Bitcoin market cap is $46,056,840,572 right now. I guess bitcoin should reach over $20K in 4 years later in 2021, if bitoin price at $20K, then the market cap should be around $367B-374$ based on https://en.bitcoin.it/wiki/Controlled_supply. 500B? out of my calculation.
I imagine bitcoin could reach $15K in 2020, and I should have at least BTC10 in 2020.


in 2020, bitcoin could reach $15K imo.
How could you calculate $500B market cap in 4 years later but in 2020 its price still $5K? are you nuts or what?
I'm not sure about ETH.

Bitcoin is a long term investment, but all other coins are more short or midterm. Only a few altcoins are gems. Most of them are useless clones that provide no advantage over already existing projects. What about Guncoin for instance? Any advantage over Bitcoin? Any weapons and arms dealer could accept Bitcoin as payment, therefore a coin for a single purpose seem to be useless.

I do agree that the market today is very sensitive and there are a lots of ups and down trend in the market value. There are many altcoins whose value had never recovered yet and continues to go down. Other have increased in value when bitcoin went down and when bitcoins price recovered its value went down. It is hard to invest in altcoins today since the market is very unstable and the trends are unpredictable unlike before. I hav bought some coins during a dip but unexpectedly the dip is not yet and so the price went down and so I have no choice but to wait. My investment is sleeping even though I am very careful with my trading, this is the only time during my trading experience that I have to let my coins sleep. This is due to the very volatile and unpredictable market. Hope August 1 is already here and no split will happen so that the cryptomarket will go back to its trend like before.

IMO the marketing will continue to be sensitive at least until the end of summer.

Ever without a hard-fork. As people mass are on a vacations.

BTC price by 2020?
Could be anywhere from 1k to 20k$ because you never know how much money at the moment are invested for long term and how much just for quick x2-x3 and dump.
Way too many people consider current situation as a bubble and (IMO) thats exactly what it is now. For me it looks very same like 2013-2014 Bubble,
when BTC price gone from 100$ to 1200$ and back to 200$ in 1 year time frame.

Agree, we have seen  the jump of bitcoin from $1k to $2k and it just need a few month, even now it price already close to $3k, I think bitcoin will reach $5k next year in first semester , and it is true that the user who makes the market very sensitive right now, 1 August news and a different opinion among the users who do BUY or SELL everytime they see the market growing up or down (active trader).

I respect your opinion but 2020 is too much time for Bitcoin to reach $5K mark, I believe that bitcoin will reach $5K in next year itself and in the year 2020, the price is not going to be anywhere below $20K. Yes, this is my personal opinion and might be completely wrong. I agree with you that crypto market is sensitive at this moment and I think the reason is that, it is not yet established and there is a lack of awareness among the users. Recent price fall under pressure of 1 Aug event clearly highlighted that aspect but still, I am optimistic about the average maturity of crypto user will be much higher than that of today.

The market becomes sensitive because of people that are using it. They are panicked real quick and starts selling everything they have got. The circulation of bitcoin in current situation then increases a lot in the market and drops the value dramatically. That is well know trouble by us. The only way to change the sensitivity of market is by changing the views against market drops. Sudden reaction will always make bitcoin or other coins weak loosing the value.

This will create panic for new bitcoin users. One side wants to make bitcoin better ahead. But on the other hand there is a saturation. So the bitcoin owners follow the trade. Most of them must take the safe way to make money immediately. But I do not think so for those who have long played in bitcoin. Surely they already have a strategy that has been prepared well to continue to follow the trade. I think it will be a great answer for all of us. If there is a division I just hope that bitcoin can be better for the future. I think it's all natural that bitcoin owners want to make money immediately. Because it is a very negative level of security.

We saw enormous grows the last years in the cryptoworld.
The marketcap was exploding the last years.

Because the fast growth, I expect the cryptoworld to slow down.

Look at the marketcap the last month/weeks, Its almost a pump and dump system these days.
Instead of people holding on to the coins they have and let the cryptoworld grow healthy, develop further and get more adopted by countries etc.

No, people get scared the moment the market cap gets to high and instant sell with little profit.
If this trend keeps going, I feel the cryptoworld going nowhere the coming 2 years.

This market is very very sensitive, were talking about a big future here.
Yet people want to make quick bucks and keep on pump and dumping.

I have no doubt in the following 4 years, the cryptoworld is at the 500B cap.
We all want to make money, thats why the most of us are investing anyway. But IMAGINE what the coins you own could be worth in 2020?

Yet trading is a good way to make some bucks, and the experienced cryptotraders know what they are doing.
But for the newcomers this is scary, the moment they see the investment they made go down 5% they sell.

Its just repeating itself the last weeks.

My expectations of btc and eth are bright. Btc reaching the 5K mark at 2020. And eth going 1k.
Altcoins are such a gamble, for now they seem like a good way to make huge profits. But I dont see a real way of them getting used in the long future.

In short: Were at the pump and dump routine now, if we want this world to grow, have faith, let newcomers also gain trust in the cryptocurrency, countries will jump on this currenry the moment its truly developed and not some "gambling" market.
1st of August will either have a positive impact or a negative, I cant really give my expectations, cause at this moment the market is unpredictable.

What are you're thoughts? How you feel the market growing this year?