THE CRYPTO MARKET IS SO RICH AND SATURATED - page 2.

RealMalatesta

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Quote from: Brus123 on September 30, 2021, 11:06:54 AM

Quote from: BayAngelo on January 28, 2021, 05:50:53 PM

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 absolutely agree with you. I also consider Bitcoin to have become an integral part of our modern economy, so I am sure that it can't disappear or depreciate. Many people are aware of Blockchain technologies. They invest in crypto market and also use it for business. I believe that people will use Blockchain technologies more in the future as they are more convenient and trustfull than traditional finance system.

Obviously it can't disappear but it could totally depreciate if we are not careful. Many things in life that seemed like integral part of our lives became obsolete in the past, technology of today that looks awesome may look like it is a funny thing in 20-30-50 years. Remember how 128 mb ram was a HUGE deal, hell 16 mb ram was a huge deal, nowadays we have 8 gb ram and we do not like it, 32 gb ram is what we really want.

So all in all I wouldn't really be shocked if bitcoin looks like an amazing thing now, but can't be as funny as 16 mb ram in 50 years. So, this is why we need to make it keep improving otherwise it will look like an old tech and the value will keep dropping while some other better thing comes out and takes its place.

Jaered

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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

Anonylz

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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.

Gozie51

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Quote from: mksundip on September 30, 2021, 08:05:14 AM

Quote from: Santri on January 29, 2021, 04:16:42 AM

I also agree with what you said because in 2021 I saw more support coming in cryptocurrency and liquidity this year is also very large compared to the previous year, it indicates that if more people come, I am sure that bitcoin will develop even more in the future

It is estimated that the addition of investors' assets to crypto is likely to provide more liquidity for bitcoin at least 5% of the current assets. meaning, the volume of bitcoin investors will increase by 5% in the next few years to the next 1-2 years.

It can grow more than just 5% if checking in the rate of adoption. The increase will be more in very new converts not just the old investors making another come back. The new converts are going to blow up the market chain so rapidly because as new comers they will invest hugely because of the adoption of their countries. I can be sure the volume increase will go far above the 5% you predicted.

Brus123

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Quote from: BayAngelo on January 28, 2021, 05:50:53 PM

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 absolutely agree with you. I also consider Bitcoin to have become an integral part of our modern economy, so I am sure that it can't disappear or depreciate. Many people are aware of Blockchain technologies. They invest in crypto market and also use it for business. I believe that people will use Blockchain technologies more in the future as they are more convenient and trustfull than traditional finance system.

mksundip

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Quote from: Santri on January 29, 2021, 04:16:42 AM

I also agree with what you said because in 2021 I saw more support coming in cryptocurrency and liquidity this year is also very large compared to the previous year, it indicates that if more people come, I am sure that bitcoin will develop even more in the future

It is estimated that the addition of investors' assets to crypto is likely to provide more liquidity for bitcoin at least 5% of the current assets. meaning, the volume of bitcoin investors will increase by 5% in the next few years to the next 1-2 years.

Natsuu

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Quote from: Clement Kaliyar on January 30, 2021, 05:39:08 PM

Quote from: BayAngelo on January 28, 2021, 05:50:53 PM

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.

Clement Kaliyar

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Quote from: BayAngelo on January 28, 2021, 05:50:53 PM

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.

tycsols

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Quote from: BayAngelo on January 28, 2021, 05:50:53 PM

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.

The figures are growing, the volumes are growing, the users are growing, investments are growing and the number of liquid coins on exchanges is dropping, all these things are pointing to the fact that massive bull market is cooking up ahead and it is just a matter of time till we see intensity in the market.

lumierre

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Quote from: BayAngelo on January 28, 2021, 05:50:53 PM

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.

Everything that happens in the world of cryptocurrencies is fantastic. Many people are forced to earn money at home due to the pandemic. But that's great, more people are bidding and the dynamics of digital currency trading are increasing. Many people who want to invest are pushing coins to growth and active trading.

slaman29

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OP must be nice to have that confidence but I have no more emotions (other than temporary day to day ones) about my crypto. I learned a lot from my mistakes (and also some gains) in the past. Now I just see it as another regular event, that I do want to be part of but will not spend big portions of my time or life to it.

I also think BTC will never see 25k again. But life is too short to bet on things like this:)

Eddyc

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Yes, besides that, big projects already know that they need to do something new to change the market because if we ask the top 100 with a large daily volume and ask the following question: What is this project really worth besides speculative information. Thus, the current market faces this issue to reflect and analyze what really matters in the end.

torrantz

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Quote from: Youghoor on January 28, 2021, 07:40:55 PM

Quote

THE CRYPTO MARKET IS SO RICH AND SATURATED

The crypto market has always been rich and saturated, you just need to understand the nature of the entire in order to know what to invest in. In as much that the crypto market is rich, you should also understand that there are a lot scams available on the crypto market. These scams are part of the reasons why the market is also saturated. There are about 45% of scam projects on the crypto market. After they made money, the project becomes dead and investors become victims.

THe crypto market weren't like this 8 years ago so I can say it's really amazing growth of crypto market. However, talking about scam, it's safe to say that if we stick to the common knowledge of not being too greedy and if something's too good to be true then that might be scam we can never be scammed. Frankly, scamming happens like literally everywhere, in stock market, startup, and many more. Even scamming in traditional market occur so frequently people normalize it. It's just how we keep ourselves away from any kind of scam.

Text

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No one can say that the price of Bitcoin will never fall again because we do not know what will happen next if the whales manipulate the increase or decrease in its value. But, I am not saying that it will fall because I would still like it to rise again than to go down. We can do nothing if it goes down, but it can provide an opportunity to buy at a low price and earn on rising again. But with the beliefs and trust shown by users because of its usefulness, I do not believe in very unrealistic analyzes.

poodle63

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Seeing how it bounce again from $30k to $32K kinda makes me feel a little bit confident. Guess the institutional investor really helps building the foundation for this one bull run that makes it hard to get dumped past $30K point.
Now, crypto has become something normal in our digital lifes and many of other people aswell, maybe this time gonna be different than the cycle of bitcoin pump and dump like what happened in the past?
The market could grow so much in just a decade, imagine another decade.

Teraboy

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That's very good to see that coz the crypto market became even mature than before. The total marketcapitalization of crypto is growing so hard and i think that can be called as a representation for how much demand that started to get into the crypto.
More coins become unicorn and that will give a very good impact to the future of crypto as the big investors will be starting to see crypto as a potential way to invest.

Santri

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I also agree with what you said because in 2021 I saw more support coming in cryptocurrency and liquidity this year is also very large compared to the previous year, it indicates that if more people come, I am sure that bitcoin will develop even more in the future

cilgindansci

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umachit.fund

I agree with you in these determinations. Large investors in Bitcoin currently have very high costs. Under these circumstances, it is very difficult for the Bitcoin price to fall below $ 20000. If we see those levels again, I think it will be a good buying opportunity. We will continue to monitor the markets

testbug

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I personally think bitcoin will increase over the next few months. As mentioned by others, a price correction is normal and a healthy thing to happen. If you did aquire your bitcoin a "long time ago" the X-multiplication is very high. And i think the whole world is just starting too see bitcoin and other cryptos as a "real thing" and not like strange nerdy projects.
With paypal there is/will be a very high useability of bitcoin and other cryptocurrencies. Imagine if you basically could pay in cryptos for every plattform accepting paypal. Very big move!

Shallow

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The market has grown so much over the pass days and this all goes to institutional investors as well as other investors who trusted Bitcoin and the crypto space, and with the level of investors in the market now, we can be sure of more growths if not now, then in the future. However, irrespective of the number of institutional investors in the market, we should understand that, there are things or factors that will continue to exist in this crypto market and these factors goes a long way in deciding how the market will be and so on, and one of it is news, it can take a few news to dump the market in as much as it will take a few news to pump it.
Also, we should understand that, volatility is still very high in this space, and because of that stating predictions hardly work, thus the reason I believe that, in as much as we know how valuable Bitcoin has grown, that yet we can't predict what price it will be in the next few months, thus can also dump below 20,000 or 25,000 but what matters is that, no matter how hard it dumps, it will always come back stronger.

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