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Topic: THE CRYPTO MARKET IS SO RICH AND SATURATED (Read 425 times)

newbie
Activity: 1
Merit: 0
November 02, 2021, 07:20:26 AM
#51
The daily volume in crypto is also increase compare it to last year and 2019 so no doubt that it will bring the price of every crypto currency up for this whole year with a bit of correction which is normal thing. Cheesy
sr. member
Activity: 938
Merit: 251
November 02, 2021, 07:13:43 AM
#50
Never say never in cryptocurrency, the unexpected (nuke as some people like to call it) could happened anytime regardless of what anybody could think. And as for market cap, that is the most easy thing to manipulate. Market cap is not the true picture of things in cryptocurrency!
newbie
Activity: 1
Merit: 0
November 02, 2021, 06:43:28 AM
#49
The daily volume in crypto is also increase compare it to last year. Cheesy
newbie
Activity: 4
Merit: 0
November 02, 2021, 04:19:23 AM
#48
I have the checked the chat fir Bitcoin and it's showing that the dump has stopped and oeuce went back up. Shocked
member
Activity: 411
Merit: 10
October 20, 2021, 06:13:57 PM
#47
I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I think so too, high volatility cryptocurrencies have been given away. But what the OP meant was the current volume of cryptocurrencies, especially Bitcoin. Obviously it can't be lost but it can be very depreciated if we're not careful. Many things in life that seemed like an integral part of our lives became obsolete in the past, so overall I wouldn't be too surprised if bitcoin looks like a great thing now, otherwise it will look like an old technology and its value will continue to drop for a while. something else better come out and replace it.
legendary
Activity: 2030
Merit: 1189
October 05, 2021, 02:07:29 PM
#46
I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
That is a huge confidence you can have until the market starts its correction, you need to understand that these institutional investors are purchasing bitcoin so that they could book the profit when they seem fit and once they book the profit the market will fall substantially and it will come down below $20k easily. It might not happen this month or in the coming months but by the end of the year i am expecting a big correction.

Indeed, but still confident that it will reach another ATH this year, I guess after alt season.

As long as the pandemic is there, which is indeed a factor of the still progressing crypto, BTC will continue to strive higher and most probably not reach less than 28k.
You've got that right, but the pandemic is not the sole factor (yes, it may have contributed) to the BTC market rally which by the way crypto is getting exposure these days I can only feel optimistic about its future price.

Retailers are really getting a taste of what type of store of value BTC can be and the journey is just beginning.
sr. member
Activity: 2366
Merit: 332
October 03, 2021, 04:14:35 PM
#45
I thinks Chaina and other country ban Bitcoin price low impact. i hope its recover as soon as Bitcoin big pump.

You are probably not checking on what the price of one bitcoin is while making your post because the Chinese ban news has got no negative effect. The price is trading at $48,270 now for the end of the week. The new week may be we see bitcoin covering more highs and yet some expect lows and fortunately the highs not giving up. The China news is not having any pull back on bitcoin.
hero member
Activity: 1666
Merit: 709
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October 03, 2021, 02:21:37 PM
#44
During the corona pandemic we saw the price of oil go below zero many statistically would have said Bitcoin would do even worse, but the pandemic didn't have the best of the crypto-currency market, you are predicting or assuming, and prediction fails, am not eager to buy in the dip anymore, and we may not see a dip as low as $20k dollars, by how the crypto-currency adoption is, but no one saw 2020 coming with a pandemic, no one saw bitcoin reaching $60+ this year, we don't see all this regardless of experience and knowledge.
sr. member
Activity: 2016
Merit: 283
October 03, 2021, 02:06:27 PM
#43
I thinks Chaina and other country ban Bitcoin price low impact. i hope its recover as soon as Bitcoin big pump.
do you really think China can make an impact on this situation wherein despite we all knows that they are already done with crypto? They're out of the business mate so forget them because they're just spreading fuds nowadays.. Lol  by the way yes holding is always a good idea if you're investing cryptocurrency because every year crypto market always gaining attention in the internet and the adaption is getting bigger obviously . So must hold!!
full member
Activity: 2142
Merit: 183
October 03, 2021, 11:14:12 AM
#42
And the market is going to continue growing. It's started the year with a huge success and we're seeing how it will go for the next years even a bear market comes.

There's so much to see with the top cryptocurrencies and that's why it's best to choose what you're betting in as you hold.
This year should also end with good cryptocurrency price growth. The fourth quarter, as a rule, always shows good growth and the current period is quite suitable for this.
Of course, cryptocurrency continues to be introduced into all conceivable areas of our life, because it brings a lot of new and useful things. This will continue in the future. Moreover, it seems that we cannot even imagine how far it will go. After all, a few years ago, we also could not have imagined about DeFi and NFT.
member
Activity: 296
Merit: 10
October 03, 2021, 08:39:39 AM
#41
The year 2021 is a time when support for crypto is getting more and more, the liquidity in the crypto market is also getting bigger, indeed there has been a decline some time ago but we can see now, bitcoin is back up and this can argue loudly that bitcoin will not go down Until 2000, bitcoin will grow as more people come into the crypto space.
hero member
Activity: 2884
Merit: 579
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October 01, 2021, 05:25:41 PM
#40
And the market is going to continue growing. It's started the year with a huge success and we're seeing how it will go for the next years even a bear market comes.

There's so much to see with the top cryptocurrencies and that's why it's best to choose what you're betting in as you hold.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
October 01, 2021, 04:43:51 PM
#39
I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I agree with you that the market seems stronger than ever. There are still some manipulations that affect the price, but this happens temporarily, and the effect is way smaller than it used to be a few years ago. I also don't think we'll see the price below $20k ever again. As for the crypto market being saturated, I'm not so sure. Bitcoin still holds a very strong market capitalization dominance of 40% (just like in 2017), and Ethereum takes up another 18% of the market. Then there are thousands of altcoins, but they all take up very small bits. There are many options on the market, but it's largely dominated by a few big names than widely diversified.
Manipulations will always be there, we can't stop them from existing, all we can do is ignore them. Prices will go up and down out of nowhere for no reason at all and we will have to learn to live with them, that is all we can do, just learn how you could ignore them. However if we could keep ignoring them, then we are going to make a lot of money as well, because in the end we all know that we will not be losing money from crypto if we could ignore whales and their manipulations and stay for long term.

Crypto has been the best thing ever against inflation and if you have money in crypto that means you worth more right now than what you worth last year around the same time, even after the drop from 64k this is still a true statement.
legendary
Activity: 3248
Merit: 1402
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October 01, 2021, 05:35:04 AM
#38
I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I agree with you that the market seems stronger than ever. There are still some manipulations that affect the price, but this happens temporarily, and the effect is way smaller than it used to be a few years ago. I also don't think we'll see the price below $20k ever again. As for the crypto market being saturated, I'm not so sure. Bitcoin still holds a very strong market capitalization dominance of 40% (just like in 2017), and Ethereum takes up another 18% of the market. Then there are thousands of altcoins, but they all take up very small bits. There are many options on the market, but it's largely dominated by a few big names than widely diversified.
sr. member
Activity: 1988
Merit: 254
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October 01, 2021, 12:16:19 AM
#37
I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency.
I told my friend that 2021 will not be able to buy BTC under $20,000.
Although a lot has happened to the market, what we are seeing is undeniable.

i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
Don't be so sure about everything in this market, it's better to just sit back and see how it plays out. 
I know many big investors who have started to enter this market, and they cannot just stop at a low profit or loss.
jr. member
Activity: 840
Merit: 6
September 30, 2021, 11:59:17 PM
#36
I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I'm a native English speaker and I am having difficulty understanding your question, could you rephrase it? Are you worried about the prices of cryptos going down? If you farm on platforms like SpookySwap, Ubeswap, Pancakeswap, Ref Finance, it doesn't matter what the price of crypto does, you earn farming rewards and profit even in a red market. I don't know if that answered the question though because I didn't understand it.
sr. member
Activity: 1022
Merit: 252
September 30, 2021, 08:25:06 PM
#35
I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.

never been so sure in crypto because anything could happen, i've also at the point when i'm too sure about coin that i hold and hold it not putting any stop loss but ended losing 80% value.
Eventhough the crypto marketcap already has a huge volume, we know any FUD or bad news could have a big impact for crypto and as a crypto investors we must always up to date with the information about crypto space.
legendary
Activity: 2506
Merit: 1394
September 30, 2021, 07:46:47 PM
#34
May be true but however this is crypto. Volatility is its watch word and I can vouch some fickle event can send prices tumbling or crashing. It happens and it can happen. These whales may try to enter a different market like DeFi and leave Bitcoin altogether, thereby dumping its price and starting another panic sell cycle
Yep, cryptocurrency having high volatility is already given. But what OP means is with this current volume of cryptocurrency, especially Bitcoin. The downside for Bitcoin is not so critical like falling below $20,000 anymore. I also believe since we are now different, volume is already high compare to before when we reach an all-time-high of around $19,000 and dumped for more than 70% before climbing up again.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
September 30, 2021, 06:59:13 PM
#33
And some people are holding on to the dream that btc will crash to 20k - 25k in this period, so every little dip that occur in the market they will be hoping for a crash that may never come, btc already past that level where it can crash to that low, too many good things happening in crypto space now enough to sustain the price and prevent it from falling so low, now it can only grow more higher.
We are on our way almost reaching the bitcoin's new all time high but if there will be sudden crash in crypto, then the market value will drop again. But i don't think we will reach to that point of returning into the price range of $20k-$25k. That will be a long waiting game. And i don't think it will still be possible in the years to follow.

However, the market is rich and saturated so whatever circumstances that may happen along the way, it will never stay in dips but will always recover and moves forward because that will be its trend, to keep on increasing not just for their value alone for the adoption too.
jr. member
Activity: 209
Merit: 2
G I S T C O I N
September 30, 2021, 04:33:26 PM
#32
Institutional investors eat some of the bitcoins mined by miners to sell in the market. That provision does not put pressure on the market. But BTC has received the unwavering support that bitcoin has received from several institutional investors rebuilding huge accounts for the market. This also has a huge impact on altcoins as the Bitcoin calculation goes up so strongly with BTC's influence becoming more and more sizable in the market and BTC positions ever higher.
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